Federal Bank PGDBF Programme Probationary Officers: Hello friends and welcome to Federal Bank PGDBF Programme for freshers and experienced 2021 page, Here you can get all the relevant information about Federal Bank PGDBF Programme in India for freshers and experienced candidates.

Federal Manipal School of Banking:

Federal Manipal School of Banking (FMSB) is an exclusive partnership forged between Federal Bank and Manipal Global Education services to develop Bankers of tomorrow. Through this arrangement, we intend to groom potential candidates by providing high end Banking training so as to develop first day, first hour productivity in Federal Bank. The candidates would undergo various modes of experiential and activity based learning to develop themselves as future leaders.

About Federal Bank:
The history of Federal Bank dates back to the pre-independence era. Though initially it was known as the Travancore Federal Bank, it gradually transformed into a full-fledged bank under the able leadership of its Founder, Mr. K P Hormis. The name Federal Bank Limited was officially announced in the year 1947 with its headquarters nestled on the banks on the river Periyar. Since then there has been no looking back and the bank has become one of the strongest and most stable banks in the country.

We are the fourth largest bank in India in terms of capital base and can easily boast of a Capital Adequacy Ratio of 17.23 %, one of the highest in the industry. This along with the existence in a highly regulated environment has helped the bank to tide over the recession with minimum impact to its financial stability.

In fact we have been expanding organically over the past few months. We believe in extending our reach to our customers by making our services available to all, 24×7. We have Branches and ATMs across India in addition to the Representative Office at Abu Dhabi that serves as a nerve centre for the NRI customers in UAE. We are transforming ourselves, keeping our principles in tact, into an organisation that offers service beyond par. Being in the service industry we are conscious of our surroundings and what happens in the society.

About FMSB:
The Federal Bank Limited and the Manipal Global Education Services joined hands to set up the Federal Manipal School of Banking (FMSB) to cater to the needs of training young, bright graduates in order to make them job ready for a career in Banking at Federal Bank.

On successful completion of the programme, the participants would be awarded a Postgraduate Diploma in Banking & Finance (PGDBF) by Manipal University and would be absorbed as Probationary Officers at Federal Bank.

About the Programme:

Programme Details:
The participants for the programme will be selected by a recruitment process consisting of an Aptitude Test and Personal Interview. The selected students will go through a one year program (9 months campus program and 3 months internship at a Bank branch).

The course and the curriculum is tailored to develop the students and to make them job ready by the end of one year. The curriculum will include subjects on General Management, Banking, Finance, Economics, Law and various soft skill training. The curriculum also includes a comprehensive study of the Bank processes, rules, procedures, manuals, products and its technological platforms used for various banking applications. The students will also be provided with a dummy Bank branch at the campus for a practical experience of banking.

Curriculum:
The PGDBF would be a one-year programme comprising of four trimesters. First three trimesters would be conducted on Campus at Federal Manipal School of Banking (FMSB). The fourth trimester would be devoted to internship at a designated Federal Bank Branch.

Course Credits: Credits have been assigned to each course based on the hours of study/learning and other associated activities like case studies, tutorial discussions, case-presentations, lectures, library work and practical-work in laboratories etc.

The Course curriculum, course contents and course structure may however undergo change as per decision and requirements from time to time and as approved by Federal Bank, Manipal Global Education Services and Manipal University.

Fees/Stipends:

Stipend:
A stipend amount will be paid to the students during the entire duration of the one year course
₹ 2,500/- p.m. during the nine months Campus period.
₹ 10,000/- p.m. during the internship period.

Fees:
The complete course fee is ₹3.30 lakhs (Rupees Three Lakhs Thirty Thousand only) payable in three equal instalments within 7 days of the commencement of the first three trimesters. Bank will sanction an educational loan to desirous candidate as per the scheme for public, but at concessional rates.

Career:

Absorption:
All students after successful completion of the course will be awarded the “POST-GRADUATE DIPLOMA IN BANKING AND FINANCE” from Manipal University at a convocation ceremony where they shall also be handed over the final appointment letters from the Bank. Accordingly, they will be finally absorbed in the Bank as Probationary officers in JMG/S-I and can be posted anywhere in India as per Bank’s discretion.

Reimbursements:
The Bank will reimburse Rs. 1 Lakh plus interest of loan on completion of 5 years of meritorious service to the Bank’s satisfaction.

Postings:
Upon absorption in the Bank as Probationary officers in JMG/S-I on successful completion of their 1 year Post Graduate Diploma course in Banking and Finance, candidates shall be deployed in Branches / offices on an All India basis. The choice of branches / offices of the Bank will be as per the needs and business requirements of the Bank.

Important Links:

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