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:
| 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 |
| 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:
| 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. |
| 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. |
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 |
| 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:
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 |
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) |
Candidates will have to choose any one center of their preference and convenience.
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