Mumbai: 19th October 2021: Federal Bank has invited applications from eligible candidates to join the internship program intended to be started shortly. The duration of the course titled ‘Federal Internship Program (FIP)’ is two years.
The course is organised in association with Manipal Global Education Services (MaGE), one of India’s leading educational institutions.
The course integrates both virtual sessions by MaGE and internship at Federal Bank branches/ offices. It is focused on ensuring holistic development of interns through physical mode of learning.
A candidate joining the program may earn up to Rs.5.70 lakh per annum. Upon successful completion, the intern will be awarded a Post Graduate Diploma in Banking from Manipal Academy of Higher Education (MAHE)- an institution of eminence.
In addition, on successful completion of FIP, the intern stands a chance to be considered for absorption as probationary Officer with Federal Bank.
To apply for the course, a candidate should have a minimum aggregate of 60% or above throughout Class X, Class XII and Graduation. In addition, candidates shall not exceed 27 years of age as on 01.10.2021. The place of domicile of the candidates can be any of the States of Andhra Pradesh, Delhi, Goa, Haryana, Gujarat, Karnataka, Kerala, Maharashtra, Punjab, Tamil Nadu, Telangana or Uttar Pradesh.
Last date to submit application is 23/10/2021 and date of online aptitude test is scheduled on 07/11/2021.
About Federal Bank: Limited
Federal Bank (NSE: FEDERALBNK) is a leading Indian private sector bank with a network of 1,289 banking outlets and 1,957 ATMs/Recyclers spread across the country. The Bank’s total business mix (deposits + advances) stood at ₹ 3.05 Lakh Crore as on March 31, 2021. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines, stood at 14.62% as on 31st March 2021.
Federal Bank has its Representative Offices at Dubai and Abu Dhabi that serve as a nerve centre for Non Resident Indian customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City). Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well-defined vision for the future as a guidepost to its progress.