The SBI Apprentice program is a unique opportunity offered by the State Bank of India for young graduates to gain hands-on experience in the banking sector. [3] This one-year training program, governed by the Apprentices Act, 1961, is designed to provide practical knowledge and skills essential for a career in banking. [3] It is not a permanent job but serves as an excellent stepping stone, offering a stipend and invaluable exposure to the workings of India's largest public sector bank. For many, it is the first step towards a long and successful journey in the financial world.
While the SBI Apprentice role is a temporary engagement, it offers significant advantages for aspiring banking professionals.
Stipend and Financial Support: Apprentices receive a fixed monthly stipend of โน15,000 for the one-year duration of the program. [3] This financial support helps cover living expenses while gaining valuable experience. It is important to note that apprentices are not eligible for other allowances or benefits that permanent employees receive. [5]
Skill Development and Industry Exposure: The program provides unparalleled exposure to the day-to-day operations of a major bank. Apprentices learn about various banking products, customer service protocols, and internal processes. This hands-on training is highly valued in the industry and significantly enhances a candidate's resume.
Career Edge: Although the program does not guarantee a permanent job at SBI, the experience and training certificate gained are highly beneficial. [3] It gives candidates a competitive edge when applying for future banking jobs, including clerical and officer positions in SBI and other banks. The practical knowledge acquired is a strong foundation for a long-term career in the financial sector.
The selection for the SBI Apprentice program is a two-stage process designed to identify suitable candidates.
The application process for the SBI Apprentice program is conducted entirely online through the official SBI careers portal.