About Shriram Housing Finance Ltd (SHFL)

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.

Program

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.


6 Months on the Job Training includes

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


Induction into Shriram Housing Finance Ltd. (SHFL) and acculturation with Shriram Housing Finance Ltd. (SHFL) ethos and DNA.
Skill development training program - blended curriculum with instructor led classroom training.
Developing selling and presentation skills.
Training on Home Loans SME & Mortgage Loans.
Training on processes and compliance.
Training on internal guidelines, rules and regulations.
Building confidence to communicate effectively with various stakeholders in a business environment.
Training faculty - experienced professionals in the field of Financial Institutions and B2B sales.
Overall grooming - sessions by experts.

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).

Job Details & Eligibility

Program Description

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.

Eligibility

Designation : Assistant Manager (Management Trainee for first 12 months)
Employment : On roll of Shriram Housing Finance Ltd. (SHFL)
Age: 20 to 25 years
Education : Graduate from any stream with 50% Throughout
Experience : Fresher or 0-2 years

Selection Process



Role Details

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.
Build and maintain relationships with corporate arrangements, developers, real estate agents, established societies, referral sources to drive business by constant interactions to explore current and future business opportunity for various products of Shriram Housing Finance Ltd. (SHFL) (Home loans).
Interact with each of the customers to assess their profile.
Achieving target through different sales agents also by cultivating self knowledge

Fees Structure

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/-
Tution Fee 2,90,000/-
Total Fees 3,10,000/-
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
Total Fees 3,10,000/-