Need help to understand if this job I got is worth it. Help please!
I got a campus selection at ICICI Bank for Deputy Manager 2. I don't know the team yet but a college senior working there says there are mainly the following teams: Applications, Audit, Compliance, and it's best for me to get in an Application team to have future prospects to switch in future.
I'm from Agra and need to know how much I can save per month if I spend modestly and enjoy a bit every now and then, and the travel costs to and fro home for a visit every 2 months or so. Please tell for both possible locations: Hyderabad, BKC (Mumbai).
My CTC is 11.4 LPA and base is 7.2 LPA with a 2 LPA bonus every year end for first 2 years.
I was also selected for the same role in campus placement but the CTC I was offered was just half of yours. Are you a post graduate? And what is the role that you got selected for?
As I've told the role is DM2. I don't know anything specific as the joining is in May end or June. I'm an undergrad from an NIT.
As a person who joined from campus placement, please don’t join. You will suffer because of extreme frustration. Even if you like Sales as profile, survival there is very tough. The work culture is extremely toxic and downright trash. Half of my batchmates who got placed in ICICI resigned in just 2 months. I somehow survived 6 months and i desperately want to leave. But yes if you get placed in operations only or single product department, then yeah you might survive otherwise it’s a shitshow
Hyderabad location you will save a lot since rent is cheap compared to Mumbai
What you have heard from your friends is just a tip of an iceberg. There are many roles and departments within the bank. The bank will assign the department and it could be anything. Not mandatory that they will put you in a tech role. You would save nothing in the first 2 years as in hand would be around 55k. For expanses agra to Mumbai would be around 7k per trip ( train)