‘Future Bankers Programme’ – HDFC’s new hiring strategy

HDFC Bank has come up with an interesting way of hiring and nurturing young talent. The Bank has tied up with Manipal Global Academy of BFSI and launched the ‘Future Bankers Programme.’ Under this programme, the Bank will enrol graduates who will go through a year-long training. For the first six months, they will undergo campus learning, through classes held at the Manipal Global Academy and for the remaining six months they will undergo internship with the Bank.

After the completion of the course, successful candidates will be hired by the Bank as personal bankers in different branches. They will also receive a postgraduate diploma certificate in sales and relationship banking.

The starting salary of these candidates will be four lakh per annum and allowances will also be provided on the basis the town/city in which they are posted.

HDFC is looking to recruit 5000 employees in the next two to three years through the ‘Future Bankers Programme.’

To make ensure the quality of talent, candidates will have to go through a stringent intake process. First, they will appear for an online assessment test. The shortlisted candidates will then be called for a face-to-face interview by HDFC.

Though it looks like an interesting opportunity for aspiring candidates who wish to start a career in the private banking sector, it comes at a price. The selected candidates for this course will have to pay Rs 3.3 lakhs plus taxes as course fee, payable to Manipal Global Academy of BFSI.

This initiative is the Bank’s way of creating a talent pipeline for young executives and also ensuring a rich customer experience across all locations in the country.

“We have created an amazing opportunity for the country’s talented young graduates to join the exciting banking industry, and jumpstart their careers with one of India’s best workplaces”

The ‘Future Bankers Programme’ was launched by Vinay Razdan, CHRO, HDFC bank, Subrat Mohanty, group president, Manipal Education & Medical Group and Robin Bhowmik, chief business officer, Manipal Global Academy of BFSI.

“We have created an amazing opportunity for the country’s talented young graduates to join the exciting banking industry, and jumpstart their careers with one of India’s best workplaces,” says Razdan.

To be eligible for the programme, the person has to be a citizen of India, should hold a full-time graduation degree with 55 per cent marks, and should be between the age of 21 and 26.

The programme, which has been co created by HDFC Bank and Manipal Global Academy of BFSI is hoped to produce next gen bankers in large numbers and will further strengthen the position of HDFC Bank in the country.