Careers

come join us for
an exciting journey

About the Program

Important Dates

Final Results

iTrustfinserv invites aspiring, young, talented and dynamic minds to make their next two years most fruitful through learning, earning and gaining strong experience in Retail Banking to join Federal Internship Program. Federal Bank has partnered with Manipal Global Education Services (MaGE), one of India’s leading educational institutions for Federal Internship Program (FIP) to provide bright young minds to learn, experience and earn.

Important Announcement: Final Results of Federal Internship Program is published

About the Program

iTrustfinserv Internship Program

iTrustfinserv Internship Program Federal Bank has partnered with Manipal Global Education Services, (MaGE) one of India’s leading educational institutions, for Federal Internship Program (FIP) to provide bright young minds a platform to learn, experience and earn. FIP has been designed to ensure the holistic development of an Intern with a blend of 24 months paid Internship at Federal Bank Branches/Offices across India along with Phygital mode of learning through a fusion of classroom and virtual sessions designed by MaGE.

Learn

Learn Learning Curriculum has been designed by MaGE to keep the Intern relevant with domain knowledge while experiencing Retail Banking. The syllabus comprises of 17 days residential classroom learning at Manipal – Bangalore Campus followed by 872 Virtual Learning Hours and with defined milestones/deliverables during Internship at the Federal Bank Branches/Offices.

Experience

Experience Interns will be christened as Relationship Executives and will be groomed with experienced bankers as Mentors during the two years of internship in Federal Bank Branches/Offices. As a Relationship Executive in Retail Banking Function, Interns would be given exposure and experience in:

Managing Channel Partners and Direct Sourcing Sourcing
Acquisition of New to Bank customers and cross selling
Managing the New to Bank customers during the early part of the life cycle with the Bank
Retail Business Operations and basics of Credit Appraisal process
Sourcing Retail products with specific reference to Housing/Auto Loan & Loan Against Property

To engage and stay connected with the Internship Program, each Intern will be introduced to an Internship Engagement Scorecard with Internship Grades weighed by the Mentors every three months. Internship Engagement Plan would be provided for Interns with lower Internship Grades to enhance the Field Level Internship Engagement.

Earn

Earn up to $5.7 Lakh* every year plus other assistances while learning and experiencing greater skills in Retail Banking function.

Interns would be offered a monthly stipend of 27,500/- along with an opportunity to earn incentives up to 20,000/- per month based on the Internship Grades.
Interns are also offered a day off in a month which can be accumulated up to 12 days in a year.
Interns would also be offered Personal Accident Coverage of 20,00,000/- and Medical Insurance Coverage of 2,00,000/-
On successful completion of the program, the participant will also be awarded with a Post Graduate Diploma in Banking from Manipal Academy of Higher Education (MAHE)- an Institution of Eminence

*Incentives are based on Internship Grades weighed in Internship Engagement Scorecard.