AXIS BANK

Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian financial service and banking corporation based in Mumbai, Maharashtra. It provides capital to big and mid-size corporations, small businesses, and retail companies.

AXIS BANK YOUNG BANKERS PROGRAM

Axis Bank’s Young Bankers Program is a one-year full-time program for recent graduates wanting to work in banks. This course will be held at Manipal Institute, Bangalore. The successful completion of the program will result in a Diploma Certificate in Banking and employment as an Assistant Manager with Axis Bank.

ABYB PROGRAM FEES

To take this path, you must invest Rs 3,97,600 (inclusive of service tax and refundable hostel security of Rs 10000), which will cover all tuition fees, boarding, lodging, and refundable hostel security for the entire program at Manipal University’s Campus in Bangalore and Amity University in Noida.

LOAN FACILITY 

The candidate has the option of paying for the course themselves. The candidate may also choose to apply for an Axis Bank Education Loan. Students interested in applying for an Axis Bank Education Loan might do so for a three-term sum estimate. Students may take this full-time program and obtain a high-quality, specialized course in banking and finance at their own pace, with no financial burden on them.

WHAT IS THE SALARY OF AXIS BANK YOUNG BANKERS?

We’ll explain Axis Bank’s Young Banker Program Salary Structure, Pay Scale, Allowances and Benefits in this post. The student would be absorbed in the function of ‘Customer Service Officer (CSO)’ as Assistant Manager in a Bank with a gross CTC (cost to company) of Rs. 4.12 lakhs per annum after successful completion of the course.

CTC Break-upAmount(PA)Amount(PM)
Fixed Gross CTCRs. 2,53,800/-Rs. 21,150/-
RetiralsRs. 27,612/-Rs. 2301/-
Staff Loan Benefit*Rs. 65,640/-Rs. 5470/-
Performance Bonus*Rs. 65,000/-Rs. 5417/-
Total Gross CTCRs. 4,12,052/-Rs. 34,338/-

STIPEND

The monthly stipend will be Rs. 5,000 for the first 9 months to cover out-of-pocket expenses and Rs. 12,000 per month during the internship toward living costs for young bankers.

OTHER BENEFITS

The bank covers Rs.1 lakh for the course duration of medical insurance premiums.

FAQS

Q: What is the ABYB program, and how does it work?

A: The Axis Bank Young Bankers program offers freshly minted college graduates a leg up in their banking careers. The Learn-Earn-Grow model trains young bankers and equips them with the necessary banking knowledge and abilities through the program.

Q: What is the minimum age requirement to enroll in the ABYB program?

A: To be eligible for the ABYB program, you must be at least 21 years old.

Q: Is it possible to get an Axis Bank loan?

A: The candidate has the option to apply for an Axis Bank Education Loan. Students interested in taking out an Axis Bank Education Loan may fill out a three-term sum figure form at this time.

CONCLUSION

Axis Bank is the ideal location to enhance your professional and personal advancement. Axis Bank employees are entitled to various benefits, such as medical payments, etc., in addition to a regular wage.

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