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The BFSI Sector Skill Council of India is set up to bring leading organizations of the BFSI industry together to create strategies and operational plans that will create standardized skill requirements for the various job roles in the industry.

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ABOUT US

The BFSI Sector Skill Council of India was established in 2011 with the objective of convening leading organizations within the BFSI industry to devise strategies and operational plans aimed at establishing standardized skill requirements for various job roles within the sector.

In addition, the skill council will undertake the accreditation of proficient service providers who will collaborate to deliver the requisite training.

The skill council is perceived by its stakeholders and partners as a nation-building initiative with significant implications for social development and empowerment through financial inclusion. Significant attention is being devoted to adequately addressing the needs of Banking, Financial Services & Insurance industry verticals and across the country to realize the vision of a skilled India.

Leadership Team

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Mrs. V R Iyer
Director

Chairman

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Mr. V. Narayanan Iyer
Director

Managing Director and CEO of BSE Institute Ltd.

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Mr. Sunil Mehta
Nominee Director

Chief Executive – Indian Banks Association

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Mr. Sanjeeva Singh
Nominee Director

Senior Head - Debt Financing & CSR Division

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Mr. Abhilash Misra
Director

Chief Executive Officer, NSE Academy Limited

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Mr. Deepak Goel
Director

Chief Financial Officer, BSE Ltd.

Mission & Vision

Vision

BFSI SSC aims to enhance and supplement the current vocational education system by ensuring that the entire value chain's demand for well-trained manpower, both in terms of quantity and quality, is consistently met across all levels, adapting to ongoing changes and developments in the industry.

Mission

Elevate skills to meet international standards through extensive industry engagement. Serve as a catalyst for change by providing thought leadership, conducting research, gathering market intelligence, and fostering active membership participation.

Frequently Asked Questions

FAQ

The term "Apprenticeship Training" in the context of the BFSI (Banking, Financial Services, and Insurance) Sector of India refers to structured programs that combine practical on-the-job learning with classroom instruction to equip individuals with the necessary skills and knowledge for careers in banking, finance, and insurance.

These programs are significant as they bridge the gap between theoretical education and industry requirements, providing participants with hands-on experience and industry-specific expertise.

They play a crucial role in developing a skilled workforce, enhancing employability, and meeting the evolving needs of the BFSI industry in India.

National Apprenticeship Promotion Scheme (NAPS) is a scheme of Government of India to provide financial support to establishments undertaking the apprenticeship training. NAPS was launched on 19th August 2016.

Eligibility criteria may vary depending on the specific apprenticeship program, regulatory requirements, and industry standards established by organizations and governing bodies within the BFSI sector. It's advisable for interested individuals to review program guidelines.

Eligibility for BFSI apprenticeships under the applicable Act typically extends to individuals meeting the below or more criteria's:

1. 10th, 12th, Graduates or postgraduates seeking practical training in banking, financial services, or insurance.

2. Diploma holders in relevant fields such as finance, commerce, or business administration.

3. Individuals fulfilling age requirements set forth by the apprenticeship program or relevant authorities.

4. Those who have completed requisite pre-apprenticeship training programs or courses.

5. Aspiring professionals seeking to enter the BFSI sector and willing to undergo apprenticeship training as part of their career development.

Yes you may apply and for more eligibility information, refer to the answer of question "Who all are eligible to be apprentices under the Act."

The BFSI (Banking, Financial Services, and Insurance) industry encompasses sectors involved in providing financial products and services, including banking institutions, financial markets, insurance companies, mutual funds, stock exchanges, and other financial service providers.

Yes, stipends are typically offered during BFSI apprenticeships in India. The exact amount may vary depending on factors such as the program, the employer, and other regulations.

It can be any where starting from 6 Months exceeding to 36 months.
Please note every employer would have different duration of Apprenticeship in their organization

Contact Us

  • Chief Operating Officer
  • Soumya Ranjan
  • +91 8291278155
  • ranjan.soumya@bfsissc.com
  • Head - Industry Engagement
  • Vinay Patil
  • +91 8291967154
  • vinay.patil@bfsissc.com
  • Head - Institution Engagement
  • Nabaroon Chakraborty
  • +91 7506641229
  • chakraborty.nabaroon@bfsissc.com
  • Head – Assessment
  • Harzra Tabassum
  • +91 9819654226
  • hazra.tabassum@bfsissc.com
  • Head - Standards & Content
  • Neha Dave
  • +91 9819268124
  • neha.dave@bfsissc.com
  • Head – Hiring and Placements
  • Ashwini Naik
  • +91 9967642283
  • naik.ashwini@bfsissc.com
  • Manager - Product and Productivity
  • Sachin Shukla
  • +91 8286360276
  • sachin.shukla@bfsissc.com