Nainital Bank

Nainital Bank Recruitment: Your Opportunity in a Century-Old Institution

Nainital Bank Limited, a scheduled commercial bank and a subsidiary of Bank of Baroda, regularly conducts recruitment for Management Trainees (MTs/POs) and Clerks. This offers a unique opportunity to join a well-established private sector bank with a strong public sector backing. A career at Nainital Bank provides the dynamism of a private bank along with the stability and trust associated with its parent organization. These roles are ideal for candidates seeking a challenging yet secure career in the banking industry, primarily in North India.

Salary, Job Profile, and Career Path at Nainital Bank

Nainital Bank offers competitive remuneration and a clear growth trajectory for its employees.

Salary and Emoluments:

• Management Trainee (PO): MTs are offered a consolidated stipend during their one-year probation period. Upon successful completion of probation and absorption as Officer Grade/Scale-I, they are placed in a pay scale with basic pay plus applicable allowances like DA, HRA, etc., making the overall package very competitive.
• Clerk: Clerks are placed in a clerical grade pay scale. The total emoluments, including allowances, are attractive for a starting position in the banking sector.

Job Profile:

• MT/PO: Responsibilities include managing customer accounts, handling branch operations, processing loans, and business development.
• Clerk: The role involves front-desk duties, such as cash handling, customer service, and data entry.

Career Progression: Nainital Bank provides ample opportunities for career advancement. A Clerk can be promoted to the officer cadre through internal exams and seniority. A Management Trainee, upon confirmation, starts as an Officer Scale-I and can progress to higher scales like Manager, Senior Manager, and beyond, based on performance and promotional policies.

Nainital Bank Selection Process (MT & Clerk)

The recruitment process for both Management Trainees and Clerks involves a single-stage online examination followed by an interview.

• Online Written Examination: This is a single-level computer-based test. The exam pattern is similar for both posts but with varying difficulty levels. It typically includes sections on Reasoning, English Language, General Awareness (with special reference to banking), Computer Knowledge, and Quantitative Aptitude. There is a penalty for wrong answers.
• Personal Interview: Candidates who qualify in the online examination are shortlisted for a personal interview. The final selection is based on the combined score of the online test and the interview.

Key Eligibility Criteria

• Education: A Graduation/Post Graduation degree with a minimum percentage (usually 50%) from a recognized university. For Clerks, graduation is sufficient, while for MTs, additional qualifications or experience may be preferred.
• Age Limit: Generally 21 to 32 years for MTs and 21 to 30 years for Clerks, with relaxations as per bank rules.
• Computer Knowledge: Basic operating knowledge of computers is mandatory.

How to Apply for Nainital Bank Recruitment

The application process is conducted online, typically through the IBPS portal or the bank's official website.

1. Visit the Official Website: Go to the "Recruitment" section on the Nainital Bank website (nainitalbank.co.in).
2. Find the Notification: Click on the relevant recruitment notification for MT or Clerk.
3. Register Online: You will be redirected to the IBPS application portal. Click on "Click here for New Registration" to create a provisional registration number and password.
4. Complete the Application Form: Log in and fill out the online application with your personal, educational, and contact details.
5. Upload Required Documents: Upload scanned images of your photograph, signature, left thumb impression, and a handwritten declaration as per the guidelines.
6. Pay the Application Fee: Pay the requisite fee (including GST) online via debit/credit card or net banking.
7. Submit and Print: After payment, submit the form and take a printout of the application and the e-receipt for future reference.