Another piece of good news for banking aspirants! Nainital Bank has announced the vacancies for Management Trainee and Clerk. However, please be informed that there is an indemnity bond as well (details below). Have a look at all the important details:
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Nainital Bank 2022 Notification- Important Dates
| Commencement of on-line registration of application | 01.02.2022 |
| Closure of registration of application | 15.02.2022 |
| On-line Fee Payment | 01.02.2022 |
| Tentative Period of exam | Tentatively In March 2022 |
Nainital Bank 2022 Notification- Vacancies
| Post Sr. No. | Name of the Post | No. of Vacancies | Age in Years as on 31.12.2021 (Min) | Age in Years as on 31.12.2021 (Max) | ||
| 1 | Management Trainees (MTs) | -50- | 21 | 30 | ||
| 2 | Clerks | -50- | 21 | 30 |
Note:
- The number of vacancies mentioned above is provisional and may vary according to the actual requirement of the Bank.
- Bank reserves the right to cancel the recruitment process partly/ entirely at any time.
- In cases where experience in a specific field is required, the relevant experience certificate must contain specifically, that the candidate has experience in that specific field.
- The candidates can be posted/ subsequently transferred to any of the existing/ proposed Branches/ Offices of the Bank as per banking exigencies.
- The candidates can apply for both the above posts separately as the online written examination is proposed to be held in two different shifts tentatively on the same day.
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Nainital Bank 2022 Notification- Educational Qualification
| Post Sr. No. | Post Name | Essential Qualification as on 31.12.2021 | Post qualification Experience as on 31.12.2021 |
| 1 | Management Trainees | Graduation / Post Graduation with minimum 50% marks from a recognized University. Knowledge of Computer Operations is essential. | Preferable Experience: Candidate having 1-2 years’ experience in banking/financial/ institutions/ NBFCs will be given preference. |
| 2 | Clerks | Graduation / Post Graduation with minimum 50% marks from a recognized University/Institute. Knowledge of Computer Operations is essential. | Preferable Experience: Candidate having 1-2 years’ experience in banking/ financial/ institutions/ NBFCs will be given preference. |
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Nainital Bank 2022 Notification- Salary Details
| Post Sr. No. | Post Name | Pay Scale/ CTC |
| 1. | Management Trainee | Lump sum payment of Rs. 30,000.00 per month |
| 2. | Clerks | Pay Scale of Rs. 17900-1000/3-20900-1230/3-24590-1490/4-30550-1730/7-42660-3270/1-45930-1990/1-47920 Plus applicable allowances. |
Nainital Bank 2022 Notification- Indemnity Bond Details
Candidates are advised to carefully note that they will be required to execute an Indemnity Bond for prescribed amount with two sureties for serving the Bank for a specified period as mentioned herein below. In case the candidate resigns or leaves or abandons the service before completion of the specified period, he/ she will indemnify the Bank for the amount of Bond for all costs, charges and expenses incurred by the Bank. Selected candidates shall execute the Indemnity Bond before joining/ absorption in Bank’s service as below:
| Cadre | Amount of Bond | Bond Period |
| MTs- On satisfactory absorption to Officers’Grade/ Scale I | Rs. 2.00 lacs | 01 Year |
| Clerks – at the time of joining | Rs. 1.00 Lacs | 02 Years |
Nainital Bank 2022 Notification- Exam Pattern
| Sr. No. | Name of the Test | No. of Questions | Maximum Marks | Version | Duration |
| 1 | Reasoning | 40 | 40 | Only English | 35 Minutes |
| 2 | English Language | 40 | 40 | Only English | 35 Minutes |
| 3 | General Awareness (with special reference to Banking) | 40 | 40 | Only English | 20 Minutes |
| 4 | Computer Knowledge | 40 | 40 | Only English | 20 Minutes |
| 5 | Quantitative Aptitude | 40 | 40 | Only English | 35 Minutes |
| Total | 200 | 200 | 145 Minutes |
Note:
- A penalty of 0.25 mark will be there for each question incorrectly answered.
- For each question, there will be 5 options.
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Nainital Bank 2022 Notification- How to Apply?
Candidates can apply online only from 01.02.2022 to 15.02.2022 and no other mode of application will be accepted.
Application Fee Details:
| Management Trainees | Rs. 1,500.00 (Rupees one thousand five hundred only) including GST |
| Clerks | Rs. 1,500.00 (Rupees one thousand five hundred only) including GST |
Nainital Bank 2022 Notification- Centres
Online Exam for engagement of Management Trainees and recruitment of Clerks will be conducted in centers at following location:
| Sr. No. | Centres |
| 1 | Haldwani, Distt. Nainital (Uttarakhand) |
| 2 | Dehradun (Uttarakhand) |
| 3 | Roorkee (Uttarakhand) |
| 4 | Bareilly (Uttar Pradesh) |
| 5 | Meerut (Uttar Pradesh) |
| 6 | Moradabad (Uttar Pradesh) |
| 7 | Lucknow (Uttar Pradesh) |
| 8 | Jaipur (Rajasthan) |
| 9 | Delhi / NCR |
| 10 | Ambala (Haryana) |
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Candidates will have to choose any one center of their preference and convenience.
CENTRE CLAUSES :
- The examination will be conducted online in venues given in the respective call letters.
- No request for change of centre/venue/date/session for Examination shall be entertained.
- The Bank however, reserves the right to cancel any of the Examination Centres and/ or add some other Centres, at its discretion, depending upon the response, administrative feasibility, etc.
- The Bank also reserves the right to allot the candidate to any centre other than the one he/she has opted for.
- Candidate will appear for the examination at an Examination Centre at his/her owns risks and expenses and the Bank will not be responsible for any injury or losses etc. of any nature.
- Choice of center once exercised by the candidate will be final.
Nainital Bank 2022 Notification- Official Notification
Click here to download the official notification.
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