Sunday 23 August 2020

Why do People Criticize ICICI Bank PO Program?

 I hope I will be the right person to provide the answer for this question.

I am also an ICICI PO Program alumni. But, currently I am not with ICICI.

Let's go to the answer and few reasons before you proceeding to your decisions.

ICICI Bank PO program conduct the exam two to three times a year and definite 4 batches will be getting trained in a year at ICICI Manipal Academy, Bangalore.

Whomsoever completing the batch they will be posted across PAN India in any department in the bank as a Probationary officer with Salary average as 15000 to 19000 (as per location varies). Later successful completion of probation period they will be designated as deputy manager with the revised package as mentioned in offer letter.

First Reason

In this program maximum probationary officers will be posted in sales domain rarely people would get posting in back office operations.

Second Reason

Probationary officers may feel the paid salary is very low. Because the loan amount for the PO program will be debited in the salary directly.

Third Reason

Probationary officers will not be having option for choice of department or location transfer for an minimum two years.

Last but not least.

Fourth Reason

Probationary officers may not be comfortable with daily whatsapp update, daily morning huddles, monthly sales pressure and reporting managers.

It’s the view observed from lot of my co-workers.

I finally suggest to extisting Probotionary Officers and New joinees. Whereever you are update yourself with the multiple regulatory courses, banking knowledge and behaviourial skills for sustaining in this corporate world especially in Banking Industry

With Care
Rajthilak Ramalingam
Seasonal and Certified Banker.

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