Internship Selection Drive of IDBI Federal Life Insurance Co Ltd. for MBA Batch 2017-19 & BBA Batch 2016-19 on 10 May, 2018 (Thursday)

InternshipSelection Drive of IDBI Federal Life Insurance Co Ltd. for MBA Batch 2017-19& BBA Batch 2016-19 on 10 May, 2018 (Thursday)


Name of the Company

IDBI Federal Life Insurance Co Ltd.

Date of Selection Process

10 May, 2018 Thursday

Profile of the Company

IDBI Federal Life Insurance Co Ltd. is a three way joint-venture of IDBI Bank, an Indian development and commercial bank; Federal Bank, one of India’s leading private sector banks and Ageas, a multinational insurance giant based out of Europe. IDBI Federal distributes its products through a multi-channel network consisting of Insurance agents, Bancassurance partners (IDBI Bank, Federal Bank) Direct channel, and Insurance Brokers. In the year 2006, IDBI Bank, Federal Bank and Belgian-Dutch insurance major Fortis Insurance International NV signed a MoU to start a life insurance company in India. The company received its license from Insurance Regulatory and Development Authority of India (IRDAI). IDBI Fortis Life Insurance Co. Ltd. officially began its operations in March 2008. In August 2008, the company collected the premium of over Rs.100 crore within a record time of five months, thus becoming the fastest growing new life insurance company in the private sector. India-Sri Lanka ODI series that took place in October 2009, found a title sponsor in insurance major IDBI Fortis. The company’s AUM crossed the Rs. 1,000 crore mark for the first time in March 2011.


Website the Company:

Year of Establishment of Company: 2008

Type of Industry: Life Insurance

Number of Employees in Company: 1941


MBA Batch 2017-19

BBA Batch 2016-19


Management Intern

Selection Process Mode (Campus Visit / Through Skype)

Campus Visit at 10:15 AM

Stipend Offered

Stipend is variable for all candidates.

Organization provide fixed stipend to only some shortlisted candidates.

Duration of Internship

6 Weeks. 8 June 2018 (Friday) to 21 July 2018 (Saturday)

Process of Selection


Venue of Placement

Training and Placement Cell,

Block A, Maharaja Agrasen University

Atal Shiksha Kunj, Kalujhanda, Near Barotiwala, Teh Baddi Distt. Solan

Himachal Pradesh.  (25 Kms from Chandigarh)

Helpline : 7832929211


Note: All Students are advised to attend the Processin formal attire and bring updated latest CV and Photograph.