12-Month Job-Assured Programme with Manipal Academy of BFSI Leading to ₹6 LPA Fixed Pay
The IDFC FIRST Bank Emerging Bankers Programme is a 12-month job-assured training initiative by IDFC FIRST Bank in partnership with Manipal Academy of BFSI, a UNext Learning entity. It is designed for graduates who want a confirmed entry into relationship banking.
- Job Role: Emerging Banker (D1 Grade)
- Total Fixed Pay: ₹6,00,000 per annum, plus incentives and non-cashable benefits
- Certification: Post Graduate Diploma in Banking and Customer Relationship from Manipal Academy of Higher Education
- Duration: 12 months
- Training Location: Manipal Academy of BFSI Campus, Bengaluru
- Job Location: PAN India
IDFC FIRST Bank Emerging Bankers Programme Eligibility Criteria
Who Can Apply
- Education: Full-time graduation in any discipline from a recognised university
- Minimum Marks: 50% and above in graduation
- Age: 28 years and below at the time of application
- Experience: Freshers and recent graduates are eligible
- CIBIL Score: 720 or above, or no existing CIBIL score reflected as 0 or -1
- Other: Good communication skills and willingness to relocate for training and job posting
You Are Not Eligible If
- You do not hold a full-time graduation degree
- You are above 28 years of age
- Your CIBIL score is below 720 and you have an existing score
- You have active backlogs
- You cannot commit to the 12-month full-time programme
IDFC FIRST Bank Emerging Bankers Programme Fees
Total Fee
- Programme Fee: ₹2,54,288
- GST (18%): Applicable
- Total Payable: Approximately ₹3,00,000
Some sources indicate a fee of ₹2,37,288 plus GST with a 100% refund over two years of service. Confirm the current structure for your batch during counselling.
What the Fee Includes
- Classroom training at Manipal Academy of BFSI campus
- Study materials and learning resources
- Certification from MAHE
- Internship and OJT coordination
Payment Options
- Self-Fund: One-time payment or instalments at admission
- Education Loan: Available through partner banks, with repayment typically starting after placement
Fee Refund
Some batches offer a 100% fee refund over two years of service. Confirm the current refund policy during the application process.
Stipend During the IDFC FIRST Bank Emerging Bankers Programme
Candidates earn stipends across all three phases, totalling approximately ₹2,89,000 over 12 months:
- Classroom Training, 4 months: ₹6,000 per month
- Internship, 3 months: ₹30,000 per month
- On-the-Job Training, 5 months: ₹35,000 per month
Stipend amounts may vary by batch. Confirm current figures during counselling.
Programme Structure
Phase 1: Classroom Training, 4 Months
- Location: Manipal Academy of BFSI Campus, Bengaluru
- Focus: Banking fundamentals, product knowledge, campus-to-corporate transition, simulated learning, digital quotient development
Phase 2: Internship, 3 Months
- Location: IDFC FIRST Bank branches across India
- Focus: Hands-on training on systems and processes, branch visits, structured internship workshops, mentorship
Phase 3: On-the-Job Training, 5 Months
- Location: IDFC FIRST Bank branches
- Focus: Branch process knowledge, customer understanding, team integration, KRA alignment, field visits
Final Placement
- Location: PAN India
- Role: Emerging Banker (D1 Grade)
Selection Process
- Step 1: Online application through GingerJobs.in
- Step 2: Online assessment covering aptitude and English
- Step 3: Personal interview with the IDFC FIRST Bank panel
- Step 4: Provisional offer letter issued before training begins
- Step 5: Document verification and background check
- Step 6: Programme enrolment and fee payment
- Step 7: 12-month training at Manipal Campus and IDFC FIRST Bank branches
- Step 8: Join IDFC FIRST Bank as Emerging Banker (D1 Grade)
Career Growth Path
- Year 1–2: Emerging Banker (D1 Grade), ₹6 LPA
- Year 3–5: Relationship Manager or Senior Relationship Banker, ₹8–12 LPA
- Year 5–8: Branch Manager or Cluster Head, ₹12–18 LPA
- Year 8+: Regional Head or Vertical Head, ₹18–25 LPA and above
Apply for IDFC FIRST Bank Emerging Bankers Programme
Frequently Asked Questions
Q: What is the IDFC FIRST Bank Emerging Bankers Programme?
A: The IDFC FIRST Bank Emerging Bankers Programme is a 12-month job-assured training initiative by IDFC FIRST Bank and Manipal Academy of BFSI. It leads to a confirmed role as Emerging Banker (D1 Grade) with a Total Fixed Pay of ₹6,00,000 per annum.
Q: What is the eligibility for the IDFC FIRST Bank Emerging Bankers Programme?
A: You need full-time graduation in any discipline with minimum 50% marks and age 28 years or below. A CIBIL score of 720 or above, or no existing score, is required. Freshers and recent graduates are eligible.
Q: What is the fee for the IDFC FIRST Bank Emerging Bankers Programme?
A: The IDFC FIRST Bank Emerging Bankers Programme fee is ₹2,54,288 plus 18% GST, making the total approximately ₹3,00,000. Some batches offer a 100% fee refund over two years of service. Confirm the current structure during counselling.
Q: What is the salary after completing the IDFC FIRST Bank Emerging Bankers Programme?
A: The IDFC FIRST Bank Emerging Bankers Programme offers a Total Fixed Pay of ₹6,00,000 per annum, with incentives and non-cashable benefits additional.
Q: What is the stipend during the IDFC FIRST Bank Emerging Bankers Programme?
A: Candidates receive ₹6,000 per month during classroom training, ₹30,000 per month during internship, and ₹35,000 per month during on-the-job training. Total stipend across 12 months is approximately ₹2,89,000.
Q: Is the IDFC FIRST Bank Emerging Bankers Programme job-assured?
A: Yes. Candidates receive a provisional offer letter before training begins. Upon successful completion, you join as Emerging Banker (D1 Grade) at IDFC FIRST Bank.
Q: What certification will I receive from the IDFC FIRST Bank Emerging Bankers Programme?
A: You will receive a Post Graduate Diploma in Banking and Customer Relationship from Manipal Academy of Higher Education upon successful completion.
Q: What is the duration of the IDFC FIRST Bank Emerging Bankers Programme?
A: The programme duration is 12 months, including 4 months of classroom training, 3 months of internship, and 5 months of on-the-job training.
Q: Where is the training conducted for the IDFC FIRST Bank Emerging Bankers Programme?
A: Classroom training is at Manipal Academy of BFSI Campus, Bengaluru. Internship and OJT are at IDFC FIRST Bank branches across India.
Q: What is the job role after completing the IDFC FIRST Bank Emerging Bankers Programme?
A: You join as Emerging Banker (D1 Grade) in roles including Acquisition Relationship Manager or Relationship Banker First Select. Responsibilities include customer acquisition, relationship management, and sales.
Q: Can freshers apply for the IDFC FIRST Bank Emerging Bankers Programme?
A: Yes. Fresh graduates are eligible to apply, provided they meet the age, education, and CIBIL requirements.
Q: Is education loan available for the IDFC FIRST Bank Emerging Bankers Programme?
A: Yes. Education loans are available through partner banks, with repayment typically starting after placement. Confirm current terms during counselling.
Q: Is there a fee refund for the IDFC FIRST Bank Emerging Bankers Programme?
A: Some batches offer a 100% fee refund over two years of service. Confirm the current refund policy during the application process.
Q: What is the selection process for the IDFC FIRST Bank Emerging Bankers Programme?
A: The selection process includes online application, online assessment covering aptitude and English, personal interview with the IDFC FIRST Bank panel, and issuance of a provisional offer letter.
Q: What is the career growth after the IDFC FIRST Bank Emerging Bankers Programme?
A: You can progress from Emerging Banker at ₹6 LPA to Relationship Manager at ₹8–12 LPA, Branch Manager at ₹12–18 LPA, and Regional Head at ₹18–25 LPA over 8 or more years.
Q: How do I apply for the IDFC FIRST Bank Emerging Bankers Programme through GingerJobs?
A: Visit GingerJobs.in, browse the IDFC FIRST Bank Emerging Bankers Programme, complete the application form, clear the online assessment and interview, receive your provisional offer letter, and begin training at Manipal Campus, Bengaluru.
Q: Does GingerJobs charge for placement assistance?
A: No. GingerJobs never charges candidates for placement assistance. Our promise is zero fees for job placement.
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