Shriram Housing Finance Ltd. (SHFL) is a Housing Finance Company registered with the National Housing Bank (NHB), and promoted by Shriram City Union Finance Ltd. (a flagship company of the 3 decades old, Chennai headquartered Shriram Group). The Company has in its bouquet of products several innovative mortgage products, "Finding Ways to Funding Homes" being its corporate philosophy. The company aim to provide financial assistance to those prospective homeowners who remains underserved today.
The program is a 6 (Six) Months residential class room training program conducted by ITM at their Centre and thereafter candidates will undergo internship/training of 6 (six) months at Shriram Housing Finance Ltd. (SHFL) branches across India.
|2 Month Sales Life cycle of home loan Files (Credit, Technical, Operations, Recovery) Assignments|
This is a skill based Program designed for graduates who aspires to explore career opportunity in Financial Service Sector. The unique program has been designed to cover the broad objectives mentioned below
To present a blended curriculum with instructor led classroom training (with role play activities, videos and drill sessions for practice) as well as e-learning and simulators. The Training faculty will comprise experienced professionals. There is an emphasis on overall grooming of the individual which would be facilitated through a learning environment and guest lecturers from senior management team members of Shriram Housing Finance Ltd. (SHFL)
On successful completion of the program, candidates/participants would be awarded a certificate in “Postgraduate Program in Financial Services” issued by ITM Vocational University,Vadodara. Shriram Housing Finance Ltd. (SHFL) will absorb/offer to such successful candidates the employment for the post of “Management Trainee”.
|Stipend During Program||Per Month||Total Stipend Payable|
|6-months OJT at branch||Rs. 15,000/- P.M.||Rs. 90,000/-|
|Total Stipend Payable by Shriram Housing Finance Ltd. (SHFL)||Rs. 90,000/-|
|30% payback of fees after 2 years Of employment with Shriram Housing Finance Ltd. (SHFL)L.|
The Shriram Housing Finance Limited (SHFL) Post Graduate Program in Financial Services (?Course?) is launched in association with ITM Edutech Training Private Ltd. ("ITM ETPL"). The Course is designed to train young graduates for a career in Financial Services. The complete Course duration is of 12 months, comprising six months of full-time residential training at ITM ETPL campus which will be followed by six months of internship in one of the Shriram Housing Finance Ltd. (SHFL) branches located across India. Those who successfully complete this one-year intensive Course will be awarded Post Graduate Program in Financial Services by ITM Vocational University, Vadodara (A UGC Recognized University). Post successful completion of the course, candidates will be absorbed as Management Trainees in the Shriram Housing Finance Ltd. (SHFL) Sales job profile. These sales roles are the first step towards building a strong pipeline for the future Branch/Regional Sales Manager in the system. The applicants will be selected through a rigorous selection process and given systematic inputs in various areas of housing finance and management disciplines in order to make them ready sales officers, ready to hit the ground running by the time they finish the course. The course aims to impart functional knowledge on general management and specialized knowledge on housing finance related topics. Students are put through a rigorous on-campus curriculum spread over 6 months, which emphasizes application of knowledge and overall development of personality. This is followed by 6 months of intense internship in any of the branches of Shriram Housing Finance Ltd. (SHFL).
Post Graduate Program in Housing Finance is an endeavour by ITM Skills Academy in association with Shriram Housing Finance to nurture Industry leaders of the future by imparting domain expertise and skill set in the field of financial services especially in housing finance sales. The Program focuses on balanced approach of providing Inputs of relevant knowledge, developing skills and shaping required behaviours.
|To drive achievement of sales targets by sourcing business and coordinating with internal teams to process the cases (home loans, mortgages, TCPM, Insurance, fixed deposits, embedded products etc.)|
|Interact with customers to develop an understanding of their needs and collaborate with internal teams to meet their expectation adhering Shriram Housing Finance Ltd. (SHFL) norms/ policies.|
|Coordinate and interact with internal teams to drive the processing of loan/products adhering to Shriram Housing Finance Ltd. (SHFL) policy and procedures.|
To pursue this course, the interested applicant will have to invest Rs 3,10,000 . This amount will cover the tuition fees, boarding, lodging for the entire course.
|Total Program Fee|
|Fee component in 2017-18|
|Seat Reservation Fee(SRF)||20,000/-|
|Program Fee Schedule|
|Fee Components||Fees (Rs.)||Timeline for Fee Payment|
|Seat Reservation fee (SRF)||20,000/-||After Selection|
|1st Installment||1,00,000/-||Before 10 Days of Batch Commencement|
|2nd Installment||1,00,000/-||By End of 1st Month of the Training|
|3rd Installment||90,000/-||By End of 2nd Month of the Training|