Nainital Bank

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Highlights 2021

Nainital Bank Limited is a Private Sector Commercial Bank that was established in the year 1922. It is the only Uttarakhand-based Scheduled Commercial Bank with 98.57 % of its shareholding with Bank of Baroda. The Head Office of Nainital Bank is located in Nainital. Nainital Bank has recently released its recruitment notice for the post of Management Trainee (MTs) or Probationary Officer and Clerk. The online registration started on July 17, 2021, and ended on July 31, 2021. The Nainital Bank online exam for Management Trainee is scheduled for the 2nd/ 3rd week of August 2021. Before proceeding further, let's look at the highlights of the exam.

Nainital Bank has declared the results of the written test that was conducted on August 21, 2021.

Nainital Bank PO and Clerk 2021 Highlights

Conducting BodyNainital Bank
Official Website www.nainitalbank.co.in
Post
Application Mode Online
Stages of Exam Online Written Test and Interview
Application Window Open for Registration July 17, 2021
Closure of Registration of Application July 31, 2021
Online Written Exam Dates August 18 to 21, 2021
Total Vacancies
  • Management Trainees - 75
Nainital Bank Management Trainee / Clerk Result Click Here

Notification 2021

The Nainital Bank had invited applications from all desirous candidates for recruitment in Management Trainee posts. The Nainital Bank recruitment notification has all the details regarding the age limit, Educational Qualification, and other criteria that need to be fulfilled if you are applying for the PO post. Nainital Bank recruitment 2021 has 75 posts in Management Trainee. The application window for Nainital Bank Management Trainee/ PO had started from July 17, 2021, and ended on July 31, 2021. The online exam was conducted on August 21, 2021. Nainital Bank has now declared the results of the written test that was conducted on August 21, 2021.

Exam Pattern

As the Nainital Bank PO recruitment notification 2021 is out, so it’s important that you are aware of all the details. If you possess the required qualification then you should grab this golden opportunity. The Nainital Bank PO selection process will take place in two stages-

  • Online Written Examination
  • Personal Interview

Online Written Examination

The Nainital Bank Management Trainee/ PO exam pattern consists of five sections namely Reasoning, English Language, Quantitative Aptitude, General Awareness (With special reference to banking) and Computer Knowledge. There will be 200 questions of 200 marks. There will be sectional timings also. Please note that the mode of the exam is online and will have English as the exam language. For further details, please look at the table below.

There is a negative marking of 1/4 marks for every wrong answer marked.

Sr. No.Name of the TestNo. of QuestionsMaximum MarksDuration
1 Reasoning 40 40 35 Minutes
2 English Language 40 40 35 Minutes
3 General Awareness (with special reference to Banking) 40 40 20 Minutes
4 Computer Knowledge 40 40 20 Minutes
5 Quantitative Aptitude 40 40 35 Minutes
Total 200 200 145 Minutes

Interview

If you clear the Nainital Bank PO online exam, you will be called for a personal interview. The final merit list for the PO post in Nainital Bank recruitment will be prepared on the basis of scores obtained in the written exam and interview. The list will be uploaded on the official website of Nainital Bank.

Syllabus

Any competitive exam needs proper attention and dedication. To fare well in the Nainital Bank PO exam 2021, along with a proper preparation strategy knowing the syllabus will aid in your planning journey. You should carefully note down the Nainital Bank Management Trainee exam syllabus and start preparing by dividing your time as per the exam need. For more details refer to the table below.

SectionTopics
Reasoning Puzzles & Seating Arrangements, Direction Sense, Blood-Relation, Syllogism, Order & Ranking, Coding-Decoding, Machine Input-Output, Inequalities, Alpha-Numeric-Symbol Series, Data Sufficiency, Logical Reasoning (Passage Inference, Statement and Assumption, Statement & Conclusion, Argument and Cause & Effect)
Quantitative Aptitude Simplification & Approximation, Number Series, Inequality (Quadratic & Quantity based), Partnership, Percentage, Mixtures & Alligations, Average & ages, Profit & Loss, Time and work & Pipe and cistern, Simple Interest & Compound Interest, Time & Distance, Boat & stream, Combination & Probability, Mensuration (2D&3D), Data Interpretation ( Table, Bar, line, pie, mixed, Radar caselet), Data sufficiency
English Language Reading Comprehension, Fillers (Double Fillers, Multiple Sentence Fillers, Sentence Fillers), New Pattern Cloze Test, Phrase Replacement, Odd Sentence Out cum Para Jumbles, Inference, Sentence Completion, Connectors, Paragraph Conclusion, Phrasal Verb Related Questions, Error Detection Questions, Word Usage/Vocab Based Questions
General Awareness (with special reference to Banking) Current affairs: National and International, Important financial and economic news, Awards and honors, Banking Awareness, Banking Abbreviations, Government Schemes, Static Awareness, Budget and five year plan, Sports, Important days, Books and authors, National and international organizations, Science and Technology, Countries and capitals, Obituaries
Computer Knowledge History and Generations of Computers, Introduction to Computer Organization, Computer Memory, Computer Hardware and I/O Devices, Computer Software, Computer Languages, Operating System, Computer Network, Internet, MS Office Suite, and Shortcut Keys, Basics of DBMS, Number System and Conversions, Computer and Network Security

Exam Dates 2021

It is very important to take note of all the dates related to the Nainital Bank PO recruitment 2021 so that you do not miss any updates. Before you apply for Nainital Bank Management Trainee, it is extremely necessary to know all the important dates of the process. The Nainital Bank PO exam dates can be obtained from the table below. Nainital Bank has now declared the results of the written test that was conducted on August 21, 2021.

Nainital Bank Management Trainee Exam Dates 2021

EventsExam Dates
Commencement of on-line registration of application July 17, 2021
Closure of registration of application July 31, 2021
On-line Fee Payment July 17, 2021 to July 31, 2021
Date of exam August 18 to 21, 2021
Nainital Bank Management Trainee / Clerk Result Click Here

Salary

Nainital Bank Limited offers good growth opportunities and career prospects. It offers attractive pay scales to all its employees. You will be on probation for 1 year. Initially, you will receive a salary of Rs 36000 plus other allowances. The detailed information of Nainital Bank PO salary can be seen from the table below.

PostSalary/Pay Scale
Management Trainee Rs. 30,000.00 per month (Approx)

After getting selected as a Management Trainee in Nainital Bank Limited, you are required to execute an Indemnity Bond for the prescribed amount for a specified period as mentioned below. In case you resign or leave the bank before the completion of the specified period, you need to indemnify the Bank for the amount of the Bond for all costs, charges, and expenses incurred by the Bank.

Vacancy

Nainital Bank notification 2021 has in total 75 vacancies for the post of Probationary Officer/ Management Trainee. The detailed distribution of vacancies for Nainital Bank PO recruitment 2021 is given in the table below.

Name of the PostGrade/ ScaleNo. of Vacancies
Management Trainees (MTs) Officers’ Grade/ Scale I 75

Eligibility Criteria 2021

You should be eligible on all fonts in order to apply for Nainital Bank Management Trainee. Ensure that all the eligibility criteria is fulfilled by you to avoid cancellation of your candidature at a later stage. Let’s look into the eligibility criteria of Nainital Bank recruitment in detail.

Educational Criteria

Nainital Bank notification for the posts of Probationary Officer has been released. For the Management Trainee post, one needs to possess a specific minimum educational and experience qualification (preferable), as mentioned otherwise you are not eligible to apply for Nainital Bank PO. The educational qualification will be reckoned from March 31, 2021. Let’s have a detailed look into the Nainital Bank PO educational qualification from below.

PostEducational Criteria
(As on March 31, 2021)
Post qualification Experience
(As on March 31, 2021)
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.

Age Criteria

Apart from the educational criteria, you also need to follow specified criteria with respect to age. Nainital Bank notification 2021 has specified a minimum & maximum age limit for PO. The age will be calculated from March 31, 2021. Detailed information for Nainital Bank PO age criteria is given in the table below.

PostAge Criteria (As on March 31, 2021)
Management Trainees Minimum - 21 Years / Maximum - 27 Years

Apply Online

If you are applying for the post of Nainital Bank PO, you should be aware of the application process. The application process is an online procedure required to be fulfilled in the following manner as mentioned below.

  • Visit the official website of the Nainital Bank www.nainitalbank.co.in and click on the option "APPLY ONLINE"
  • Register yourself by entering name, contact details and email-Id
  • A Provisional registration number and password will be generated and will be emailed to your registered email id and phone number
  • Login again by using the password and registration number and fill in all other details asked
  • Upload all the documents like Photo, Signature, left thumb impression and handwritten declaration as per the specifications given
  • The photo should be a recent coloured image with dimension 200 x 230 pixels and size between 20 KB–50 KB
  • The signature should be on white paper with black Ink pen. The size should be between 10KB – 20KB
  • The left thumb impression should be on a white paper with black or blue ink. The file size should be between 50 KB – 150 KB and in jpeg/jpg format
  • The handwritten declaration should be in your own handwriting. The handwritten declaration should be in jpg/jpeg with file size ranging between 100 KB – 200 KB
  • The signature and handwritten declaration content should not be in CAPITAL LETTERS
  • Verify the details filled in the online application before the FINAL SUBMIT as no correction can be done once the application is submitted
  • Click on the 'Payment' Tab and proceed for online payment of the application fee
  • Takeout the print of the application form and e-receipt for future use

Application Fee

Once you have filled the application form, you need to submit the Nainital Bank Management Trainee exam application fee. Without the online payment fee, your application will not be considered complete. Refer to the table below for complete details of the Nainital Bank PO application fee.

Name of the PostApplication fees
Management Trainees Rs.1,500 including GST

Admit Card

Once the application process for Nainital Bank PO recruitment ends, the admit card for the exam will be released on its official website few days before the online exam. The Nainital Bank Management Trainee admit card will have all the details like exam venue, centre and date with other instructions. No hard copies will be sent to any individual. You need to reach the venue at your own expense. Also, you should bring a printout of the admit card along with one original and photocopy of photo identity proof.

Previous Year Cut-off

To get an idea about the difficulty level and minimum qualifying marks, the previous year's cutoff helps a lot. We have provided the Nainital Bank PO exam previous year cutoff to give you a fair idea about the minimum qualifying marks. Following are the details of the Nainital Bank PO previous year cutoff.

Nainital Bank PO and Clerk 2019 Cut-Off

Name of the PostCut-Off
Nainital bank PO 120

Nainital Bank PO and Clerk 2017 Cut-Off

Name of the PostCut-Off
Nainital bank PO 108
Nainital Bank Clerk 147

Free Mock Tests

Besides preparing a good strategy for your Nainital Bank Management Trainee exam preparation, it is extremely important to practice online. Practicing online mock tests gives you a complete idea of the exam and also helps in analyzing your knowledge and performance. ixamBee provides free online mock tests for Nainital Bank Probationary Officer. You can practice and make sure that you perform well on the final day.


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Frequently Asked Questions

Q1:  

Is Nainital Bank recruitment permanent or contractual?

A:  

No it is permanent job. But yes you need to possess some essential qualification to be eligible for it. 

Q2:  

Will there be an interview in Nainital Bank Management Trainee recruitment?

A:  

The Nainital Bank Management Trainee recruitment will take place in 2 steps- an online exam followed by an interview.

Q3:  

Can I apply for both posts ie Clerk and PO in Nainital Bank notification 2021?

A:  

Yes, you can apply for both posts ie Clerk and PO in Nainital Bank recruitment. The online written examination will be held in two different shifts for both posts.

Q4:  

Is there any age relaxation in Nainital Bank recruitment?

A:  

The Nainital Bank notification 2021 does not specify any such age relaxation for any reserved category.

Q5:  

Is there any bond period or bond amount if I leave the job after getting recruited as Nainital Bank PO?

A:  

Yes, there is a bond of 1 year and the bond amount is 2 lakh if you leave the Nainital Bank PO job before the desired period of time.

Q6:  

Is experienced required for  Nainital Bank SO 2020 Exam? 

A:  

Yes depending upon the post for which you are applying for, you should possess the required experience.



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