Nainital Bank Recruitment 2023 is an exam conducted by Nainital Bank Limited to fill the vacant job posts in their company to hire a skilled workforce every upcoming year. Individuals who want to start their career in the banking field can apply for this exam by filling out the online application form. The exam forms are available online for two weeks starting from 5th August 2023 till 27th August 2023. The candidates should read the instruction rules and regulations carefully before applying for the exam.
The Nainital Bank Recruitment is a golden opportunity for job seekers seeking a stable and rewarding career in the banking sector. The bank’s reputation and attractive salary package and benefits make it an attractive option for candidates aspiring to join the banking industry. Candidates are advised to keep a close eye on the registration dates and other important details to ensure they do not miss out on this opportunity.
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.
|Type||A subsidiary of Bank of Baroda|
|Purpose||Insurance, Investment, Consumer and Corporate banking|
|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, they run with a tagline of “Banking with Personal touch.”
|Exam Date||9th September 2023|
|Selection Process||Online Exam -> Interview|
The Nainital Bank published the much-awaited Nainital Bank Recruitment Notification on its official website on 5th August 2023. This announcement has created a buzz among the aspirants eagerly awaiting this opportunity to work with a reputed bank. This notification provides the job details and includes essential information like registration starting dates, eligibility criteria, educational qualifications, age criteria, an application fee, etc.
Candidates interested in applying for the Nainital Bank PO Recruitment can access the official website of the Nainital Bank to get more information. They can also refer to various online sources to understand the eligibility criteria and other important aspects of the recruitment process. The candidates must go through the notification carefully before applying to ensure they meet the eligibility criteria.Nainital-Bank-Recruitment-Notification
The following are the important dates as per the official notification released by the Nainital Bank Recruitment (Management Trainee) –
|Notification date||5th August 2023|
|Online Registration date||5th August 2023|
|Online Application end date||27th August 2023|
|Application fee date||5th August 2023 to 27th August 2023Application|
|Admit card||One week before the exam|
|Exam date||9th September 2023|
|Result||To be updated|
The Nainital Bank PO Recruitment for the year 2023 is yet to be 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 2023 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 PO Recruitment vacancies for the past three years:
|Post Name||Expected Vacancies|
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 PO recruitment process is highly competitive, and candidates should prepare well to secure a position in the bank.
The Nainital Bank Exam Online Application Process is crucial for candidates wishing to apply for the Nainital Bank PO 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 PO 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.
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.
Photo Identity proof issued by Gazetted Officer
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.
To apply for the Nainital Bank Recruitment 2023, 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 2023.
Mentioned are the Educational Qualifications for the post of Probationary Officer and Clerk:
|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.|
|For PO (Probationary officer)||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.|
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|
|For PO ( Probationary officer)||21-30 Years|
|Number of Attempts||Candidates must meet all given requirements in order to be considered.|
|Important Points||For POs (probationary officers), 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.|
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.
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.
The following information can be seen on the Nainital Bank Recruitment Admit Card:
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.
The selection process for the Nainital Bank typically consists of three stages:
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|
|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 an objective pattern with each question having five choices. A penalty of 0.25 marks is there for every wrong answer.
|Mode of question paper||English|
|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.
Candidates must understand the syllabus to formulate a focused preparation process.
Following is the syllabus for the Nainital Bank Recruitment year 2023:
|Logical Reasoning –||Puzzles|
Alphanumeric sequence puzzle: Adding the missing character
Argument and conclusion
Conditional response test
Logical Venn diagrams
|English Comprehension –||Cloze test|
Identification of sentence pattern
Find the plural forms
One word substitution
Fill up with- Articles, Gerund, Participle, Preposition, etc.,
Direct and Indirect speech
Synonyms and antonyms
Prefix and suffix
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
Economic and financial news
Constitution of India
Authors and books
|Quantitative Aptitude –||Work and time|
Cistern and Pipes
Speed Time Distance ( trains, boats, and streams)
LCM and HCF
Interest, both simple and compound
Ratios and proportions
Work and Time
System of numbers and simplifications
Gains and losses
Equations and inequalities in algebra
|Computer Skills –||Devices for computers|
Programs for a computer
Microsoft Word, Excel, and PowerPoint
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.
The expected cut-off based on the previous year’s examination is given below:
|Category||Nainital Bank Clerk (expected cut-off)|
|Category||Nainital Bank Management Trainee (expected cut-off)|
|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 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.
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.
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|
Check Out Other Banking Exams :
The chosen individual will receive payment on a monthly basis. The compensation for the assistant manager position will be approximately Rs. 30,000/, according to the release. Successful applicants must check and present their necessary documentation to the officials to prevent further annoyance at payout time.
Fill out the form on the bank’s official website, fill in all the candidate’s details, accept the terms and conditions, and pay for the exam. Study the subjects mentioned in the syllabus and try to get the maximum marks by grieving correct answers to questions.
The eligibility for the Nainital Bank PO is graduation. The minimum marks should be more than 50% and the preferred experience is having a minimum of 1-2 years of experience in finance or banking or NBFC. The minimum age to apply for this exam is 21 years and the maximum is 33 years
Yes, there is an interview round in the Nainital Bank Clerk recruitment process. After clearing the online examination, candidates who meet the cutoff score are shortlisted for the interview. The interview round carries a weightage of 100 marks, and candidates are evaluated on their communication skills, confidence, and knowledge of banking and finance. The final selection of candidates for the Clerk position is based on their performance in the online exam and the interview round, document verification and a medical examination.
The difficulty level of the Nainital Bank PO exam can vary from candidate to candidate depending on their level of preparation and understanding of the exam pattern and syllabus. The Nainital Bank PO exam is competitive and is designed to test the candidate’s knowledge, aptitude, and reasoning skills in various sections such as Reasoning, Quantitative Aptitude, English Language, General Awareness, and Computer Knowledge. The questions in the Nainital Bank PO exam are of moderate to difficult level, and the time allotted for each section is limited, making time management a critical factor in scoring well. To crack the Nainital Bank PO exam, candidates need to have a strong conceptual understanding of the topics and practice a sufficient number of mock tests and previous year question papers to improve their speed and accuracy.