The following description contains information about the Nainital Bank Exam notification details.
The Nainital Bank Management Trainees (MTs) and Clerk examination are being conducted to fill 150 vacancies in which 75 is for Management Trainees (MT) and 75 is for Clerks. It is a two-stage selection process
The applicants can apply for both the above posts independently as the online assessment is proposed to be held in two distinct shifts on the same day.
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. As of now, the Bank has 03 Regional Offices one each at Haldwani, Dehradun, and Noida with an organization of 162 branches across 05 territories of North India specifically Uttarakhand, Uttar Pradesh, Delhi, Haryana, and Rajasthan.
|Type||A subsidiary of Bank of Baroda|
|Purpose||Insurance, Investment, Consumer and Corporate banking|
|Branches||Uttar Pradesh, Uttarakhand, Delhi, Rajasthan, Haryana|
|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, they run with a tagline of “Banking with Personal touch”.
The following are the important dates as per the official notification released by the Nainital Bank –
|Notification date||February 01, 2022|
|Online Registration date||February 01, 2022|
|Online Application end date||February 25, 2022|
|Application fee date||Not released|
|Admit card||To be announced|
|Exam date||March 2022 (tentative)|
|Mode of Exam||Online|
|Interview date||To be announced|
|Result||To be announced|
On July 23rd, the recruiting body has recently modified the maximum age for MTs (Management Trainees) to be 28. In the previous notification, it has been mentioned as 27. The minimum and maximum age are calculated as of March 31, 2021.
|Name of the post||Minimum Age(as of 31/3/2021)||Maximum Age(as of 31/3/2021)|
|MT (Management Trainee)||21||28|
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. The candidates can pay their fee between July 17-31st of 2021. Candidates should bear the online fee transaction charges.
|Name of the post||Application Fees|
|MT (Management Trainee)||Rs 1500 (including GST)|
|Clerk||Rs 1500 (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, UPI ID. An e-receipt will be generated indicating the successful completion of the payment.
The Nainital Bank has also released the eligibility criteria for the candidates in their official notification. The following eligibility criteria hold for both MT (Management Trainee) and Clerk –
|Nationality||All Indians can apply for this post|
|Qualification||Any graduate/ post-graduate with 50% or more marks from a recognized University (Regular/Full Time Course)|
|Experience||Minimum of 1-2 years experience in the banking field is preferred|
|Skills||Basic Computer Knowledge is preferred|
|Age||21-28 (as of 31/03/2021)|
Candidates with experience in the banking sector are most preferred. Experience is not a basic eligibility criterion to write the exam. Freshers with adequate banking knowledge can also apply.
The number of vacancies and age limit as per the official notification is as follows –
|Name of the post||No. of vacancies||Minimum age(as of 31/03/2021)||Maximum age(as of 31/03/2021)|
The number of vacancies can also vary based on the requirement of the bank. In any case, the decision of the bank is considered final. The selected candidates can be posted or later transferred to any of the branch locations.
|Name of the post||Pay Scale/CTC|
|MT (Management Trainee)||A lump sum of Rs 30,000 per month|
|Clerk||Payscale starts from Rs 17,900 – Rs 47,920 per month|
The CTC for MT (Management Trainee) is approximately Rs 7 lacs per year along with special allowances. Similarly for Clerks, the CTC is approximately Rs 4 lacs per year with allowances.
An indemnity bond is an obligation bond signed by the candidates against the loss that arises due to participation failure.
Applicants are encouraged to note that they will be needed to execute an Indemnity Bond for a period of 2 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|
This includes the following steps –
Id Card issued by a recognized University
Bank Passbook with photograph
Photo Identity proof issued by Gazetted Officer
The Admit Card or hall ticket is to be carried to the exam center for verification purposes.
|Exam date||Tentatively on the 2nd or 3rd week of August 2021|
|Admit card||15 days before the day of the exam|
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, then the bank reserves the right to allot any other nearby center. Candidates arriving late to the venue will not be permitted to take the exam.
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|
|General knowledge||40||40||20 mins|
The examination is for a total of 200 marks and is online for 145 minutes (2 hours and 25 minutes). It is the objective pattern with each question having 5 choices. A penalty of 0.25 marks is there for every wrong answer.
Each section (General Awareness, Quantitative Aptitude, Reasoning, English Language, and Computer Knowledge ) must be finished within the given time limit. The candidates must clear the sectional cut-off for qualifying further.
|No. of questions||200|
|Duration||2 hours 25 minutes|
|Penalty marks||0.25 marks for each wrong answer|
Candidates who applied for both MT and Clerk should take the exam separately for each post which happens in two different shifts on the same day.
The cut-off for MT (Management Trainee) will be different from that of Clerk.
Candidates must understand the syllabus to formulate a focused preparation process.
The schedule for all subjects is just demonstrative and not comprehensive
|Reasoning||This segment incorporates Syllogism, Seating Arrangement, Puzzle, Input-Output, Inequality, Data Sufficiency, Coding-Decoding, Series culmination, Input-Output, Blood relations, Order and Ranking, Miscellaneous|
|English Language||Understanding Comprehension, Spotting Error, Cloze test, Para-Jumbles, Sentence Improvement, Sentence Connectors, one word out, Fillers-Single/Double, Idioms and Phrases, Vocabulary based inquiries|
|General Awareness||National and International, Sports, Knowledge of Current Events, Countries and Capitals, General Politics, Current Affairs (Agriculture Focused), Banking Awareness and Economy (Agriculture Focused), Agricultural Insurance, Important individuals in the news, News, Appointments, and so on|
|Quantitative Aptitude||Number Series, Simplification/Approximation, Data Interpretation, Quadratic Equations, Profit and Loss, SI and CI Interest, Problems on Ages, Mensuration, Data Sufficiency, Partnerships and Discounts, Ratio, and Proportion, Percentage, and so on|
|Computer Knowledge||Basic knowledge of hardware and software, MS Word, MS Excel, Spreadsheet, Powerpoint, LAN, and modern-day technologies|
As it is a computer-based objective exam, the results can be expected within 20 days for the exam. 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.
The expected cut-off based on the previous year’s examination is given below:
|Category||The expected cut-off for clerks|
|Category||Expected cut-off for MTs|
|Name of the post||Year||Cut-off|
|MT (Management Trainee)||2019||120|
|MT (Management Trainee)||2017||108|
The final result will be uploaded to the official website. Check for your roll number/ name in the merit list.
There is no mains examination in this selection process. Hence the candidates who cleared the online test are directly called for a personal interview.
The effective competitors in the Online test will be called for the interview. Dependent on the marks obtained in the online test and meeting, appointment letters will be given for participating in Officers or Clerical Cadre as the case might be dependent upon their being medically fit for the task.
The decision of the bank in the selection process is the 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.
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Bank of Baroda (BOB) owns 98.6% of the bank’s share and BOB is a government entity.
No. There is no such information regarding age relaxation in the official notification.
No. Only an online mode of registration is allowed.
The job location can be Uttar Pradesh, Uttarakhand, Delhi, Haryana, and Rajasthan
The examination is a two-stage process that includes an online objective exam and a personal interview.
The average probation period for both MT and Clerk is 2 years.
Yes, it is a permanent job.
The cut-off for Nainital bank clerk was 159 and MT was 120. This is for the year 2019.
No. The language of the question paper will only be in English.
Yes. You can apply for both the exams as they happen on different shifts. Remember that you have to pay Rs 1500 (application fee) for both these posts separately.
Cut-off marks are applied at two stages of the examination. It is once applied during the individual test and then on the final score obtained by the candidate.
Yes, they are the same. Usually, a PO is a newly recruited officer in his/her probation period and MT refers to Management Trainees. The work nature of both is the same.