Private Bank Recruitment 2023
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Private Sector Banks provide career opportunities for young Graduates for offering various Banking & Financial Services Jobs.
The private banks in India are split into two types (Old and New) by financial regulators in India (RBI). At present, there are 32 private banks comprising 24 old banks that existed prior to 1993-94 and eight new private banks Like HDFC, ICICI and Kotak Mahindra Bank.
1. What are all the Jobs available in Private Sector Banks for Freshers?
There are various positions available in Private sector banks. The Few important positions are listed below.
- Teller
- Customer relationship manager
- Sales officer
- Assistant manager
- Relationship manager
- Banker Executive
- Personal Banker
2. What will be the eligibility criteria for jobs in Private Banks?
The minimum Qualification is Graduate with a minimum of 50% marks. The candidate should possess minimum Knowledge in Banking and financial markets and Certification from NISM on Mutual funds as well as Equity markets.
3. Is there any exam that needs to be passed?
Most of the private bank recruits are based on Performance in interviews and few Private banks do the first level of screening based on Aptitude tests. They will test Quantitative and Logical reasoning ability.
4. What will be the responsibilities of the Fresher joined in the Bank?
Candidates who joined in the bank as freshers will be trained in all departments including wealth management, insurance and sales of Liabilities, Asset products
5. Do I Need Computer Knowledge for Working Bank?
Basic Excel skill is required for preparing MIS and Data analytics. This will help you to perform your tasks in banks.
6. What will be the salary for Freshers in Banks?
It again depends on your skill sets and certification passed . Each bank offers different levels of salary starting from 2.4 Lakhs to 4.00 Lakhs. Apart from salary, the bank offers incentives and bonuses based on performance .
7. Where I Will Get the required Banking skill sets in one place?
Nesto Institute is offering two months of a professional certification program for fresh graduates which will enable them to get placed in Private banks.
8. What will be the Course name?
Post Graduate Executive Programme in Banking and Financial Service {PGEBF} is a two months certification program that covers various topics like Retail Banking, Financial Products, Mutual fund Certification[NISM 5A] and derivative certification[NISM 8]
9. Whether this two-month certification is recognized by Banks?
NISM 5A – Mutual fund certification and NISM 8 – Equity and Derivatives is mandatory certification for anyone to work in banks.
10. What will be the course Fees and Duration?
Course Fees is 45000 Rs inclusive of Book material and the duration of the course is 2 months [160 Hours]
11. I am living outside Chennai. Can I able to attend online?
The course is offered in online as well as offline mode. The live sessions will be conducted by banking experts daily.
13. Whom should I contact to know more about the course?
The Course Coordinator will be contacted in 98845 65013.