Nainital Bank Recruitment 2024: Latest News, Date, Eligibility, Salary & Vacancy

Nainital Bank Recruitment 2024 is an exam organized by Nainital Bank Limited to fill various job vacancies and hire skilled professionals each year. Those interested in starting a career in banking can apply for this exam by completing the online application form. The application forms for Nainital Bank Recruitment are available online for a two-week period. Candidates should carefully review all the instructions, rules, and regulations before submitting their applications. Proper preparation and attention to detail are essential to ensure a successful application for Nainital Bank Recruitment. Stay updated on the latest information to enhance your chances in the Nainital Bank Recruitment process.

The Nainital Bank Recruitment offers a golden opportunity for job seekers aiming for a stable and rewarding career in banking. With its strong reputation, attractive salary package, and comprehensive benefits, Nainital Bank Recruitment is an appealing choice for those aspiring to enter the banking industry. To make the most of this opportunity, candidates should stay vigilant about registration dates and other crucial details. Missing out on these key aspects could mean losing the chance to participate in the Nainital Bank Recruitment. Keeping up-to-date with all information related to Nainital Bank Recruitment will help ensure that you don’t miss this valuable career opportunity.

Latest Updates from Nainital Bank

The Nainital Bank Limited has published the most recent job announcement, which lists three openings for the roles of Chief Compliance Officer, Chief Financial Officer, and Chief Risk Officer.

Candidates must take advantage of the Nainital Bank Recruitment 2024 if they meet the requirements of having a CA, graduation, and post-graduation.

The deadline for qualified candidates to apply is 8th February 2024, at the latest. Additional information is provided below, including requirements for education, income, age restriction, application fee, selection procedure, how to apply, and important dates.

About Nainital Bank

Nainital Bank Limited is the solitary Scheduled Commercial Bank of Uttarakhand, with its Head Office from Nainital. Bank of Baroda holds 98.6% of its shareholdings. Currently, the Bank has 03 Regional Offices, one each at Haldwani, Dehradun, and Noida, with 162 branches across 05 territories of North India, specifically Uttarakhand, Uttar Pradesh, Delhi, Haryana, and Rajasthan.

Website	www.nainitalbank.co.in
Type	A subsidiary of Bank of Baroda
Founded	1922
Purpose	Insurance, Investment, Consumer and Corporate banking
Headquarters	Nainital, Kumaon
Branches	A subsidiary of the Bank of Baroda
Chairman & CEO	Dinesh Pant

The Nainital Bank is associated with BOB (Bank of Baroda), LIC, HDFC, National Insurance Company Limited, etc., Its ultimate goal is to cater to the needs of its customers, and hence, it runs with a tagline of “Banking with Personal touch.”

Nainital Bank Recruitment: Overview

Organization	Nainital Bank
Posts	Clerk and Management Trainees Chief Compliance Officer, Chief Financial Officer, and Chief Risk Officer
Vacancies	Clerk and Management Trainees- To be notified Chief Compliance Officer, Chief Financial Officer, and Chief Risk Officer- 03
Category	Government Jobs
Exam Date	To be notified
Selection Process	Clerk and Management Trainees- Online Exam -> Interview Chief Compliance Officer, Chief Financial Officer, and Chief Risk Officer- Offline Exam -> Interview
Job Location	Uttrakhand, Uttarpradesh, Delhi, Haryana and Rajasthan
Official Website	nainitalbank.co.in

Nainital Bank Recruitment Notification

The Nainital Bank will soon release the highly anticipated Nainital Bank Recruitment Notification on its official website. This announcement has generated significant excitement among candidates eager to join a reputable bank. The notification will detail important information, including the start dates for registration, eligibility criteria, educational qualifications, age requirements, and application fees. This official update is crucial for all aspirants, as it will outline the necessary steps and requirements for applying. Keep an eye on the Nainital Bank’s website to ensure you don’t miss any key details regarding the Nainital Bank Recruitment Notification and your chance to secure a position with the bank.

Candidates interested in the Nainital Bank Recruitment can visit the official Nainital Bank website for detailed information. Additional online sources can also provide insights into the eligibility criteria and other important aspects of the Nainital Bank Recruitment process. It is crucial for candidates to thoroughly review the Nainital Bank Recruitment notification before applying to ensure they meet all the necessary eligibility requirements. By carefully reading the notification, candidates can confirm that they qualify for the positions available through the Nainital Bank Recruitment and understand all the application procedures and requirements. Keeping informed and following the guidelines will enhance your chances of a successful application.

Chief Financial Officer Post– Official Notification: Click here

Chief Compliance Officer Post– Official Notification: Click here

Nainital Bank Recruitment Exam Dates

The following are the important dates as per the official notification released by the Nainital Bank Recruitment (Chief Compliance Officer, Chief Financial Officer, and Chief Risk Officer) –

Events	Dates
Notification date	9th January 2024
Offline Registration date	9th January 2024
Offline Application end date	8th February 2024
Interview	To be notified
Result	To be notified

Nainital Bank Recruitment Vacancy

The Nainital Bank Recruitment for the year 2024 is announced, but based on the previous year’s recruitment process, it is expected to be similar regarding the number of vacancies. However, it is essential to note that the number of vacancies for the Nainital Bank Recruitment 2024 may vary based on the bank’s requirements.

To better understand the recruitment process, interested candidates can refer to the previous year’s recruitment process. The table given below provides information on the Nainital Bank Recruitment vacancies for the past three years:

Post Name	Expected Vacancies
Chief Compliance Officer	01
Chief Financial Officer	01
Chief Risk Officer	01

Candidates should keep checking the official website of Nainital Bank for updates on the recruitment process, including important dates, eligibility criteria, the application process, the selection process, etc. The Nainital Bank recruitment process is highly competitive, and candidates should prepare well to secure a position in the bank.

Nainital Bank Recruitment Application

Chief Compliance Officer- Offline application: Download Here

Chief Financial Officer- Offline application: Download Here

The Nainital Bank Exam Online Application Process is crucial for candidates wishing to apply for the Nainital Bank Recruitment. The bank has provided an online application form on its official website for the convenience of candidates. Interested candidates can visit the official website of the Nainital Bank and navigate to the careers section to access the application form.

Before starting the Nainital Bank Online Application process, candidates are advised to go through the notification and ensure they meet the eligibility criteria. They should keep all the necessary documents ready, including a scanned copy of their photograph and signature, educational certificates, and other relevant certificates.

How to apply for the Nainital Bank PO Recruitment?

The steps to apply for the Nainital Bank PO exam are as follows:

Step 1: Go to Nainital Bank Limited’s official website.

Step 2: Go down to the Recruiting area on the Home page.

Step 3: Click Here for More to view the Nainital Bank potential jobs data.

Step 4: Review the notice for graduate management recruitment and engagement.

Step 5: The page for Management Trainees (MTs) and MT Recruiting will open after that.

Step 6: Choose Here for New Registration from the menu.

Step 7: Complete the necessary fields and create your login information.

Step 8: Attach the required files using the forms described above.

Step 9: Make the application fee payment at step nine. Before sending it in, carefully review the whole paperwork. After finishing the form, click Submit.

Step 10: Download the completed online form for future use as a guide.

Note: It is advisable to keep a copy of the application form, fee receipt, and other relevant documents for future reference. Additionally, candidates should carefully read the instructions and guidelines in the recruitment notification and application form to ensure their application is submitted successfully.

Valid Id proofs

• PAN Card
• Passport
• Aadhar Card
• Driving License
• Voter’s Card
• Employee Id
• ID card issued by a recognized University
• Bank Passbook with photograph

Photo Identity proof issued by Gazetted Officer

• The proof of work experience must be submitted during the time of the personal interview.
• The photograph must be scanned and uploaded (4.5 * 3.5 cm)
• The signature must be in black ink (signatures in capital letters are not accepted). Left thumb impression and a handwritten declaration all must be scanned and uploaded.
• If you cannot finish the application in one go, you can save the temporary information by picking save and next tab.
• The final application is shown as a preview before giving a final submission.
• After the final submission, you will be redirected to the payment page.
• Once the registration is complete, you will be intimidated through the mail.
• Save your Registration number and Password for further use. It will be used to log in and download the Admit Card once it is released.

Upload and scanning of documents

• Photograph – This must be a recently taken picture with no harsh shadows. Hats, caps, and dark glasses must be avoided. Eyes are to be visible with no reflections.
• Measurements 200 x 230 pixels. The size of the file is to be between 20 kb–50. Ensure that the size of the checked picture isn’t more than 50kb.
• Signature – Candidates have to sign on white paper with black ink. Similarly, their left thumb impression is also needed (black or blue ink).
• Declaration – The declaration should also be hand-written on white paper (black ink).
• Hand Written Declaration – “I, ———–(Name of the candidate), hereby declare that all the information submitted by me in the application form is valid. I will present the supporting documents as and when required.
• The file size for a signature is 10-20 kb, for a left thumb impression, is 50-150 kb, and for a handwritten declaration, it is 100-200 kb.
• The signature and declaration must not be written in capital letters.
• The file format can be either jpg/jpeg.

Nainital Bank Recruitment Application fees

The fee payment process is integrated with the application process. The payment of the application fee is done through online mode and is non-refundable. Candidates should bear the online fee transaction charges.

Name of the post	Application Fees
MT (Management Trainee)	Rs 1000 (including GST)

Note – Only online mode and no other mode of payment are accepted. The payment is done through Credit cards, Debit cards, Internet Banking, and UPI ID. An e-receipt will be generated indicating the successful completion of the payment.

Nainital Bank Recruitment Eligibility Criteria

To apply for the Nainital Bank Recruitment 2024, candidates must carefully review and fulfill the Eligibility Criteria specified by the Nainital Bank. It is recommended that applicants acquaint themselves with the Eligibility Criteria before filling out the application form. The Nainital Bank Limited’s official website provides detailed information regarding the Eligibility Criteria that candidates must meet. Aspirants are advised to thoroughly read the guidelines mentioned in the official notification to avoid disqualification later in the recruitment process. By meeting the Eligibility Criteria, candidates can ensure that their application is considered for further stages of the selection process. Therefore, applicants should diligently review the Eligibility Criteria before proceeding with the application process for the Nainital Bank Recruitment Exam 2024.

Educational Qualifications

Mentioned are the Educational Qualifications for the post of Management Trainee and Clerk:

Posts	Educational Qualifications
For Clerks	A conventional, full-time bachelor’s or postgraduate degree with a minimum GPA of 45% from a reputable institute or university is required. For this position, basic knowledge of PC software is expected.
Management Trainee	It is required to have a regular, full-time bachelor’s or postgraduate degree with at least 50% of the required marks from a reputable institute or university. For this role, it is necessary to have information on computers.
Chief Compliance Officer	It is required to have a regular, full-time postgraduate degree from a reputable institute or university.
Chief Financial Officer,	It is required to have a regular, full-time postgraduate degree from a reputable institute or university. For this role, it is necessary to have CA
Chief Risk Officer	It is required to have a regular, full-time postgraduate degree from a reputable institute or university.

Age Limit

The following table shows the age limit criteria for the post of Probationary Officer and Clerk for the Nainital Bank Recruitment Exam:

Posts	Minimum- Maximum Age Limit
For Clerk	21-28 Years
Management Trainee	21-30 Years

Nainital Bank Recruitment Overall Eligibility Criteria

Particulars	Details
Nationality	Indian
Domicile	Uttarakhand
Number of Attempts	Candidates must meet all given requirements in order to be considered.
Important Points	For Management Trainee, NBFCs will give preference to those who have 1-2 years of experience in the banking or financial sector. For clerk positions, experience in banking or the financial sector is expected. NBFCs will be given preference.

Nainital Bank Recruitment Admit Card 2024

The next step after filling out the form is to download the admit card from the website of the Nainital Bank Recruitment. The admit card or hall ticket has necessary information like the palace of the exam, the date of the exam, the time of the exam, and the candidate’s roll number with other details.

How to Download Nainital Bank Hall Ticket:

The steps listed below can be used to download the MAHA TET admit card by applicants:

Step 1: Go to the test’s online webpage.

Step 2: Download the admission card by clicking the link on the screen.

Step 3: Provide all the information requested.

Step 4: Press the submit button to download the admit card.

Step 5: Print off your admissions card for future use.

Information on the Nainital Bank Admission Ticket:

The following information can be seen on the Nainital Bank Recruitment Admit Card:

• Name, Roll Number, Date of Birth, Exam Location
• Directions for Test Day
• Exam roll number; applied subject; signature; photograph

Important Points to remember:

• Candidates should visit the Bank’s website to download call letters for online tests.
• The admit card/ call letter is available 15 days before the exam.
• Implication for downloading call letters will be sent through email/SMS. The candidate must utilize (I) the Registration Number/Roll Number, and (ii) the Password/Date of Birth for downloading the call letter.
• The printout of the call letter must be brought to the examination center, along with a valid ID proof (original) and a photocopy. The photocopy of the ID proof is to be signed by a Gazetted Officer. The photocopy of the ID and photographs are to be submitted during the time of the exam.
• A photograph must also be affixed to the admit card (Preferably the photo given during registration)

Biometric Verification –

• Remember to carry your Admit Card along with a recently taken photograph and ID proof (both original and photocopy)
• Biometric verification of the photograph and left thumb impression is to be done in the exam center on the day of the exam.
• Avoid Mehndi or dirty fingers while placing the left thumb impression.

Nainital Bank Recruitment Exam Centres –

The online exam will be conducted in the exam centers of these 12 locations-

Nainital (Uttarakhand)	Haldwani District (Uttarakhand)	Dehradun (Uttarakhand)
Lucknow (UP)	Roorkee (Uttarakhand)	Jaipur (Rajasthan)
Delhi (NCR)	Moradabad (UP)	Rudrapur
Ambala (Haryana)	Meerut (UP)	Bareilly (UP)

The candidates can choose their desired exam centers while registering. If a different location has been allotted to the candidate, he/she can not modify it. If a particular center has more candidates than its given capacity, the bank reserves the right to allot any nearby center. Candidates arriving late to the venue cannot take the exam.

Nainital Bank Recruitment Exam Pattern

The selection process for the Nainital Bank typically consists of three stages:

1. Online Examination: The first stage of the selection process is an online examination that tests the candidate’s knowledge of the English Language, Reasoning Ability, Quantitative Aptitude, and General Awareness. The exam is usually held in an objective multiple-choice question format.
   
2. Interview: The second stage of the selection process is an interview. Candidates who qualify in the online examination are shortlisted and called for an interview. The interview panel assesses the candidate’s communication, leadership, problem-solving, and overall personality skills.
   
3. Document Verification: The final stage of the selection process is document verification. Candidates who clear the online examination and the interview must submit their original documents for verification. This includes proof of age, educational qualification, work experience, etc.

A merit list is prepared based on the candidate’s performance in all three stages, and successful candidates are offered the position of Probationary Officer at the Nainital Bank.

Note: The selection process may be subject to change, and candidates are advised to check the official notification for the most up-to-date information.

The below table gives the exam pattern for the Nainital Bank MT (Management Trainee) and Clerk exam –

Name of the test	No. of questions	Maximum marks	Duration
Reasoning	40	40	35 mins
English	40	40	35 mins
General knowledge	40	40	20 mins
Aptitude	40	40	35 mins
Computer	40	40	20 mins
Aptitude	50	50	40 mins

The examination is for a total of 200 marks and is online for 145 minutes (2 hours and 25 minutes). It is an objective pattern with each question having five choices. A penalty of 0.25 marks is there for every wrong answer.

Particular	Details
Question type	MCQ
Total question	200
Total marks	200
Mode of question paper	English
Duration	145 Minutes
Marking schemes	1 mark for every correct answer 0.25 marks will be deducted for every incorrect answer
Number of sections	5
Name of sections	Reasoning General Awareness English Language Quantitative aptitude Computer Applications

The cut-off for MT (Management Trainee) will be different from that of Clerk.

Nainital Bank Recruitment Syllabus

Candidates must understand the syllabus to formulate a focused preparation process.

Following is the syllabus for the Nainital Bank Recruitment year 2024:

Topics	Sub-topics
Logical Reasoning –	Puzzles Alphanumeric sequence puzzle: Adding the missing character Direction test Analogy Calendars Argument and conclusion Ranking Mathematical Reasoning Conditional response test Coding-Decoding Logical Venn diagrams
English Comprehension –	Cloze test Reading comprehension Jumbled sentence Spelling check Allusion Identification of sentence pattern Phrase replacement Error spotting Find the plural forms Simile Ellipsis Question Tag Compound Words Repetition Apostrophe Alliteration Metaphor Personification Onomatopoeia One word substitution Fill up with- Articles, Gerund, Participle, Preposition, etc., Direct and Indirect speech Synonyms and antonyms Prefix and suffix Punctuation Tense British English – American English Situation reaction test
General Knowledge –	Abbreviations Innovations and discoveries in science Important current events (National and International) Recognition and Honors Sports and competitions Financial history Economic and financial news Constitution of India Authors and books Significant days
Quantitative Aptitude –	Work and time Cistern and Pipes Trigonometry Speed Time Distance ( trains, boats, and streams) Probability LCM and HCF Mensuration Average Numbering schemes Interest, both simple and compound Relationships Ratios and proportions Geometry Work and Time System of numbers and simplifications Gains and losses Percentage Data analysis Number series Equations and inequalities in algebra
Computer Skills –	Devices for computers Programs for a computer Internet use, Microsoft Word, Excel, and PowerPoint Operating System

Nainital Bank Recruitment Result

As it is a computer-based objective exam, the results can be expected within 20 days. The cut-off depends on the number of candidates and their performance that year. The difficulty of the question paper and the number of seats available also play a key role.

Check Result Here: – Nainital Bank Exam Result

The expected cut-off based on the previous year’s examination is given below:

Category	Nainital Bank Clerk (expected cut-off)
General	175-185
OBC	160-170
ST	140-155
SC	150-165
Category	Nainital Bank Management Trainee (expected cut-off)
General	150-160
OBC	135-140
ST	110-120
SC	130-137

Previous year cut-off

Name of the post	Year	Cut-off
MT (Management Trainee)	2019	120
MT (Management Trainee)	2017	108
Clerk	2019	159
Clerk	2017	147

The final result will be uploaded to the official website. Check for your roll number/ name in the merit list.

Nainital Bank Recruitment Interview

There is no main examination in this selection process. Hence the candidates who cleared the online test are directly called for a personal interview. Depending on the marks obtained in the online test and interview, appointment letters will be given for participating in the Officers or Clerical Cadre, as the case might depend upon their being medically fit for the task.

The decision of the bank in the selection process is final. It has the right to reject candidates without assigning a reason. Similarly, selected candidates can be posted or transferred to any of their branches.

Nainital Bank Salary

As an entry-level officer position with Nainital Bank Limited, the Nainital Bank PO (probationary officer) plays a crucial role responsible for managing various banking operations. The Nainital Bank PO salary structure includes basic pay, dearness allowance (DA), house rent allowance (HRA), special allowance, and other perks and benefits.

The basic pay of a Nainital Bank PO typically ranges between Rs. 23,700 and Rs. 42,020. In addition to the Basic Pay, Nainital Bank POs are entitled to the Dearness Allowance (DA), revised quarterly based on the Consumer Price Index (CPI). The House Rent Allowance (HRA) is provided to Nainital Bank POs based on their place of posting and can be up to 7-9% of the basic pay.

Apart from the DA and HRA, Nainital Bank POs are also eligible for a special allowance of 7.75% of the basic pay. In addition to these components, the bank offers its employees various perks and benefits, including medical insurance, leave travel allowances, retirement benefits, and performance-based incentives. The total Nainital Bank PO salary, including all allowances and benefits, may vary depending on the place of posting, the candidate’s experience, and other factors. However, on average, a Nainital Bank PO can expect a starting salary of around Rs. 35,000 to Rs. 40,000 per month, which is competitive and attractive in the banking sector.

Security bond –

An indemnity bond is an obligation bond signed by the candidates against the loss arising from participation failure. Applicants are encouraged to note that they must execute an Indemnity Bond for two years. If the applicant leaves or abandons the Bank before finishing the predefined period, he/she should pay the Bank for its measures.

Cadre	Amount of bond	Bond period
MT – Grade / Scale 1	2 lacs	1 year
Clerk	1 lac	2 years

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