Program Overview
About the Program
The IDFC FIRST Elevate Program by IDFC FIRST Bank, in association with Manipal Academy of BFSI, is an initiative designed to train and recruit fresh graduates for a successful career in Debt Management. The program equips participants with a strong foundation in banking fundamentals, debt management ecosystem and practical, hands-on exposure, preparing them to excel in real-world debt management roles.
Program Structure
The program offers a comprehensive, specialized curriculum adopting a blended learning approach consisting of classroom training at Manipal’s state-of-the-art campus and hands-on experience via an internship. On successful completion of the Elevate Program, join IDFC FIRST Bank as an Associate Debt Manager.
Quick Facts
- ✅ Designation: Associate Debt Manager
- ✅ Total Fixed Pay: ₹5,00,000 Per Annum* (*Incentives and Non-cashable benefits additional)
- ✅ Duration: 3 Months
- ✅ Program Fee: ₹1,80,000 + GST (100% Refundable)
- ✅ Stipend: ₹6,000 during classroom training
- ✅ Location: Pan India
Program Features
Feature 1 – Invest In Your Future
₹1,80,000 + GST Program Fees (100% Refundable)*
Covers: All Boarding, Lodging, & Tuition Expenses
Feature 2 – Immerse In The Journey
- 2 Months: Campus Training
- 1 Month: On-The-Job Training (at any IDFC FIRST Bank branch/office across India)
Feature 3 – Immediately Start Earning
- ₹6,000: Stipend During Classroom Training (On Campus)
- Salary payable from Month 3 onwards during on-the-job training
Feature 4 – Integrate Your Learnings
On Successful Completion:
- Designation: Associate Debt Manager
- Location: Pan India
- Total Fixed Pay: ₹5,00,000 Per Annum* (*Incentives & Non-cashable benefits additional)
Eligibility Criteria
Qualification
Any Graduate (Full-Time) – Minimum 50% across 10th, 12th & UG
Age Criteria
28 Years And Below
Program Fee
Fee Structure
₹1,80,000 + GST
The program fee only pertains to training, tuition, boarding and lodging costs for the 2-month classroom training.
*100% Fee Refund
The program fee will be refunded in the following tranches upon completion of:
- Year 1: First 50% of the program fee
- Year 2: Remaining 50% of the program fee
Registration Process
- Register with your details
- Login to complete application
- Selection based on eligibility criteria
- Enrollment and program onboarding
Apply Now to IDFC FIRST Bank Elevate Program
June 2026 Onwards New Batch will Start
About IDFC FIRST Bank
IDFC FIRST Bank is a fast growing, new age Private Sector Bank created in India with a vision of building a world-class Bank in India, focused on Ethical, Digital, and Social Good Banking.
Key Highlights:
- Serves 35 million customers (as of December 31, 2025)
- Customer business of ₹5,62,090 crore ($63.0b)
- Customer deposits: ₹2,82,662 crores (24.3% YoY growth)
- Loans & advances: ₹2,79,428 crores (20.9% YoY growth)
- Reach over 60,000 cities, towns, and villages
- Operates through 1,066 branches
About Manipal Academy of BFSI
Established in 2008, Manipal Academy of BFSI, a UNext Learning entity part of Manipal Education and Medical Group (MEMG), is a premier institution that provides industry-relevant education and training for Freshers and Experienced Professionals, in traditional operations, sales, and new-gen roles for the banking, financial services, and insurance sectors.
Frequently Asked Questions (FAQ)
A: It is a training and recruitment initiative by IDFC FIRST Bank in association with Manipal Academy of BFSI, designed to train fresh graduates for the role of Associate Debt Manager.
A: Total Fixed Pay is ₹5,00,000 Per Annum, plus incentives and non-cashable benefits.
A: 3 months total – 2 months classroom training on campus + 1 month on-the-job training at an IDFC FIRST Bank branch/office.
A: ₹1,80,000 + GST. The fee is 100% refundable – 50% after Year 1 and remaining 50% after Year 2.
A: Any Full-Time Graduate with minimum 50% marks across 10th, 12th, and Graduation. Age should be 28 years or below.
A: Yes, ₹6,000 stipend during the 2-month classroom training on campus. Salary starts from Month 3 during OJT.
A: Job location is Pan India, at any IDFC FIRST Bank branch or office.
A: 100% refundable – 50% after completion of Year 1, and remaining 50% after completion of Year 2.
A: The fee covers training, tuition, boarding, and lodging costs for the 2-month classroom training.
A: Yes, upon successful completion of the program, you join IDFC FIRST Bank as an Associate Debt Manager.
A: No, the maximum age limit is 28 years at the time of application. No relaxation is mentioned.