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1 year program [3 months Residential training + 3 months Internship + 6 months OJT] |
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Join as Asst. Branch Manager with annual fixed CTC of Rs. 4.00 Lac (Mumbai & Bangalore) Rs. 3.00 Lac (Other location) plus incentives |
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Earn stipend upto Rs. 1.33 Lac (Mumbai & Bangalore) Rs. 1.21 Lac (Other Location) during 1 year training program |
ITM founded in 1991, among the first private, non-aided business schools in India, quickly expanded its footprint, establishing its Bengaluru campus in 1992, Chennai campus in 1993 and Warangal campus in 1994. ITM established several other Institutions which includes ITM Global Leadership Center (2002), ITM Institute for Hospitality & Management (2002), ITM Institute for Financial Markets (2003), ITM Institute of Health Sciences (2008).
We are also one of the largest Executive Education providers, with over 17 locations in Mumbai, Delhi, Bengaluru, Pune, Chennai & Hyderabad. In 2009, ITM ventured into Engineering education with couple of acquisition of engineering colleges in Visakhapatnam AP & Nagpur MH. In 2010, launched Schools of Fashion, Hotel Management and more B- Schools.
Chola MS General Insurance Company Limited is a Joint Venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan.
Chola MS offers a wide range of insurance products that include Motor, Health, Property, Accident, Engineering, Liability, Marine, Travel and Crop insurance for individuals and corporates. In 2018, the company achieved a Gross Written Premium (GWP) of INR 41,026 million. Chola MS currently has 87 branches and over 34,000 agents across the country.
Chola MS champions a brand philosophy called T3, which stands for Trust, Transparency, and Technology. It has also been consistently recognised and awarded by the Government of India, international entities and ratings agencies for its insurance service and delivery innovations.
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STIPEND STRUCTURE | |||
---|---|---|---|
Tenor | Activity | Per month | Total |
3 months | Residential Training | Rs. 2,500/- | Rs. 7,500/- |
3 months | Internship | Rs. 10,000/- Rs. 6,000/- |
Rs. 30,000/- Rs. 18,000/- |
6 months | On the Job Training | Rs. 16,000/- | Rs. 96,000/- |
12 Months | Rs. 1,33,500/- for Mumbai & Bangalore | ||
Rs. 1,21,500/- for Other locations |
After completion of training top 3 candidates will be awarded with prize money
After successful completion of 1 year training program, candidate will be absorbed as Assistant Branch Manager
on payroll of Chola People & Marketing services Ltd. with-
Fixed CTC plus incentives
Fees will be reimbursed after training period on yearly basis
After completion of | Amount Reimbursed |
---|---|
1st Year | Rs. 25,000/- |
2nd Year | Rs. 35,000/- |
3rd Year | Rs. 50,000/- |
Stipend During Program | Per Month | Total Stipend Payable |
---|---|---|
6-months Residential Training | Rs. 5,000/- P.M. | Rs. 30,000/- |
6-months OJT at branch | Rs. 18,000/- P.M. | Rs. 1,08,000/- |
Total Stipend Payable by DHFL | Rs. 1,38,000/- |
Applicant is required to successfully clear the interview round with ITM and CIA followed by selection process to get enrolled for the
“Post Graduate Diploma in General Insurance” in CPMSPL.
The total training program fee is Rs. 1,10,000/- all-inclusive the training fees includes all the expenses like lodging, boarding & training on campus During internship and OJT candidates need to take care of their living expenses like boarding, lodging and travel from their stipend.
Total Program Fee | |||
---|---|---|---|
Seat Reservation Fees (SRF) | Rs. 10,000/- | ||
Tution Fee | Rs. 1,00,000/- | ||
Total Fees | Rs. 1,10,000/- |
Self Funding Procedure | |||
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Fee Component | Amount Covered | Timeline of Payment | |
SRF Fees | Rs. 10,000/- | After Selection | |
1st Installment | Rs. 50,000/- | Before reporting to batch | |
2nd Installment | Rs. 50,000/- | By End of 1st Month training | |
Total Fees | Rs. 1,10,000/- |
Note:
Retention Bonus: Fees reimbursement scheme applicable after full time employment.
Loan Assistance will be provided depending upon the availability of required documents.