Nainital Bank 2020

Nainital Bank SO Exam 2020 Highlights

Nainital Bank Limited is an old Private Sector Commercial Bank which was established in the year 1922. It is the only Uttarakhand based Scheduled Commercial Bank and has 98.57 % of its shareholding with Bank of Baroda. The Head Office of Nainital Bank is located in Nainital. Nainital Bank has released its recruitment notice for the post of Specialist Officers. Nainital Bank recruitment for the selection of various post under Specialist Officer will be based on shortlisting and Personal Interview. But Nainital Bank may also conduct written examination of the shortlisted candidates to select them for Personal Interview, depending upon the number of applications.

Nainital Bank SO Exam 2020 Highlights

Conducting BodyNainital Bank
Post Name Nainital Bank SO
Interview Date To be notified later
Job Location Across India
Application mode Offline(speed post)
Mode of Payment Demand Draft (DD)
Total Vacancies 30
Selection Process Personal Interview
Official Website www.nainitalbank.co.in

Nainital Bank SO Exam Notification 2020

Nainital Bank recruitment notification for Specialist Officers for various posts is out. The Nainital Bank SO notification has all the details regarding the age limit, experience and other criteria which will make you eligible to apply for various post. You need to send your application  through registered/ speed post mentioning the post for which you are applying along with all the other details and your picture with the proof of the documents that you are mentioning in the Nainital Bank SO application form. The application should reach the Bank's head office on or before July 21, 2020.

Nainital Bank SO Exam Pattern 2020

As the Nainital Bank recruitment notification is of the most awaited & sought-after notifications. If you are experienced and possess the required qualification then you should grab this opportunity. As the notification says applicants will be shortlisted for interview directly and if need arises there will an online exam for shortlisted candidates, so for further updates you need to wait.

Nainital Bank Interview

Mere fulfilling qualification and experience does not gurantee your interview call. The Bank will decide the shortlisting parameters and the shortlisted will be called for interview. The decision of the Nainital Bank to call for the interview will be final. The final merit list for selection for various post under Nainital Bank recruitment will be prepared in descending order on the basis of scores obtained in interview. In case written exam is held for Nainital Bank Specialist Officer, the marks obtained in the written examination will also be taken into consideration for arriving at the final merit list.

Nainital Bank SO Exam Dates 2020

It is very important to take note of all the dates related to the Nainital Bank recruitment so that you donot miss any updates. Before you apply for Nainital Bank SO recruitment, it is extremely necessary to know about all the important dates of the process. The Nainital Bank SO dates for exam will be out in its official website soon. Till then keep visiting this page to keep yourself updated with all the information.

Nainital Bank SO Exam Dates 2020

ActivityTentative Exam Dates
Nainital Bank SO Registration Open July 6th, 2020
Nainital Bank SO Registration closing July 21st, 2020
Nainital Bank SO Personal Interview Exam Dates To be notified later

Nainital Bank SO Salary 2020

Nainital Bank Limited is one of the most popular banking organizations, which offers good growth opportunities and career prospects. It offers attractive pay scales to all its employees. The pay scale may vary a bit for different posts under Nainital Bank Specialist Officer.The Nainital Bank SO recruitment has various posts under it, so the detailed information for the salary of different posts can be get from the table below.

PostSalary/Pay Scale
Chartered Accountant Pay Scale of Rs. 23700 -980/7-30560-1145/2-32850-1310/7-42020 plus Special Allowance @ 7.75% of Basic Pay + Dearness Allowance thereon (under revision at Industry level). CTC would be approx. Rs. 7.00 lacs per annum.
Credit Officer Pay Scale of Rs. 23700 -980/7-30560-1145/2-32850-1310/7-42020 plusSpecial Allowance @ 7.75% of Basic Pay + Dearness Allowance thereon (under revision at Industry level). CTC would be approx. Rs. 7.00 lacs per annum.
Risk Officer G/S-I Pay Scale of Rs. 23700 -980/7-30560-1145/2-32850-1310/7-42020 plusSpecial Allowance @ 7.75% of Basic Pay + Dearness Allowance thereon (under revision at Industry level). CTC would be approx. Rs. 7.00 lacs per annum.
Risk Officer G/S-II Rs. 31705-1145/1-32850-1310/10-45950 plus Special Allowance @ 7.75% of Basic Pay + Dearness Allowance thereon (under revision at Industry level). CTC would be approx. Rs. 9.00 lacs per annum.
Marketing Officer Pay Scale of Rs. 23700 -980/7-30560-1145/2-32850-1310/7-42020 plusSpecial Allowance @ 7.75% of Basic Pay + Dearness Allowance thereon (under revision at Industry level). CTC would be approx. Rs. 7.00 lacs per annum.
Law Officer Pay Scale of Rs. 23700 -980/7-30560-1145/2-32850-1310/7-42020 plusSpecial Allowance @ 7.75% of Basic Pay + Dearness Allowance thereon (under revision at Industry level). CTC would be approx. Rs. 7.00 lacs per annum.
Planning Officer Pay Scale of Rs. 23700 -980/7-30560-1145/2-32850-1310/7-42020 plusSpecial Allowance @ 7.75% of Basic Pay + Dearness Allowance thereon (under revision at Industry level). CTC would be approx. Rs. 7.00 lacs per annum.

Nainital Bank SO Vacancy 2020

Nainital Bank Recruitment have vacancies for the post of Specialist Officer. Under Specialist Officer posts like Credit Officer, Risk Officer, Marketing Officer, Law Officer, Planning Officer, CA are covered. The detailed distribution of vacancies for various posts under Nainital Bank SO recruitment is given below in the table.

Name of the PostGrade/ ScaleNo. of Vacancies
Chartered Accountants Officers’ Grade/ Scale I 03
Credit Officers Officers’ Grade/ Scale I 20
Risk Officer Officers’ Grade/ Scale I or II 01
Marketing Officers Officers’ Grade/ Scale I 04
Law Officer Officers’ Grade/ Scale I 01
Planning Officer Officers’ Grade/ Scale I 01
Total 30

Nainital Bank SO Eligibility Criteria 2020

To apply for any examination, the first requirement is to ensure your eligibility. Nainital Bank Recruitment Notification for SO is out in the official website. It is important to read the complete notification properly and ensure that you fulfills all the eligibility criteria. You need to follow all the conditions and prove yourself eligible on all parameters to avoid cancellation of your candidature at the later stage. Let’s look into the details:

Nainital Bank Specialist Officer Educational Criteria

Nainital Bank notification for the posts of Specialist Officers is released officially. For all these posts, one needs to possess a specific minimum educational and experience qualification otherwise you are not eligible to apply for Nainital Bank SO. Since various posts are covered under Nainital Bank SO recruitment, so lets have a detailed look into the educational qualification as given in the table below

Name of the PostEducational CriteriaPost qualification Experience as on June 30, 2020
Chartered Accountant Associate Chartered Accountant (ACA)/ Fellow Chartered Accountant (FCA) from Institute of Chartered Accountantsof India (ICAI). Desired Experience: Minimum 2 years’ in profession/ service.
Credit Officers
  • Full time/Regular degree of B.Com/ M.Com with minimum 60% marks from a recognized University.
  • Preference will be given to the candidates having qualification of MBA (Finance/ Banking)/ Post Graduate Diploma in Business Administration (Finance/ Banking) with min. 60% marks from a recognized University or AICTE approved Institute.
Essential Experience:Minimum -2-years’ experience with Banks/ NBFCs/ FIs in credit appraisal and processing.
Risk Officer
  • Full time/Regular degree of MBA (Finance)/ Master Degree in (Mathematics/Statistics/Econometrics) with min. 60% marks from a recognized University or AICTE approved Institute
  • Preference will be given to candidates having Certification in ‘Risk in Financial Services’ from IIBF/ ‘Integrated Risk Management’ from NIBM/ GARP-FRM-I or II/ Chartered Financial Analyst (CFA)
Desirable Experience: Candidates having experience in Risk Management Department/ Financial Service of Bank/ FIs.
Marketing Officers Full time/ Regular degree of MBA (Marketing) with min. 60% marks from a recognized University or AICTE approved Institute. Essential Experience: Minimum -2-years’ experience with Banks in marketing of Banking Products.
Law Officer Full time/ Regular3/5 years Professional Degree in Law with minimum 60% marks from a recognized University/Institute. Desired Experience: Preference will be given to those candidates who are handling legal matters at corporate/ controlling offices of Banks/ Financial Institutions.
Planning Officer Full time/ Regular degree of MBA (Finance) or MA (Economics) with min. 60% marks from a recognizedUniversity or AICTE approved Institute. Desirable Experience: Candidates having experience in Planning Department of Bank/ FIs.

Nainital Bank Age Criteria

Apart from the educational criteria, You also need to follow a specified criteria with respect to age. Nainital Bank SO has specified a minimum & maximum age limit for all the posts. If you are applying for the Nainital Bank Specialist Officer you should be within the age limit of 22 -32 years as on the date mentioned in the official notification. Detailed information is given in the table below

Name of the PostAge Criteria
Chartered Accountant Minimum - 22 Years / Maximum - 32 Years
Credit Officers
Risk Officer
Marketing Officers
Law Officer
Planning Officer

Nainital Bank SO 2020:How to Apply

If you are applying for the post of Nainital Bank SO Recruitment you should be aware of the application process. You should have valid email ID which should be kept active till result declaration. You need not to apply online. You need to follow some simple steps as mentioned below-

  • You should send your application for Nainital Bank SO through registered/ speed post to the address as mentioned in the official notification, indicating the post for which you are applying.
  • A recent photograph affixed in the correct place along with your signature should be there in the application form.
  • The application form should have all the valid proof like 10th,12th marksheet proof, experience proof etc as mentioned in the official notification.
  • Also the copy of demand draft is to be send along with above mentioned documents.
  • If you are applying for more than one post you need to pay seperate fee along with application and other documents and send it through registered or speed post to the address mentioned in the notification.

Nainital Bank SO Application Fee

Ensuring that you fill the application form for Nainital Bank SO Recruitment  properly will not be enough until you submit the exam application fee. The application fee for Nainital Bank SO Recruitment will be paid in the form of demand draft in favour of Nainital Bank. Refer to the table below for complete details:

Application feesMode of Payment
Rs.1000 including GST Demand Draft

Nainital Bank SO Exam Admit Card 2020

Once the application process for Nainital Bank SO Recruitment ends, the admit card for the exam will be released on its official website.  You need to download the admit card for the Nainital Bank exam from the official website of Nainital Bank Limited. All the details of the exam venue, centre and date with other instructions will be available in the admit card.

 

Frequently Asked Questions

Q1: Is Nainital Bank SO 2020 recruitment permanent or contractual?

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


Q2: Will there be any online exam for Nainital Bank SO recruitment?

The notification says only interview will be there but yes the bank may conduct an online exam if the need arises depending upon the number of applications received.  


Q3: Is the Nainital Bank 2020 SO application form is online or offline mode?

The Nainital Bank SO application form should be send by you through registered or speed post in the address mentioned in the official notification.


Q4: Is Nainital Bank SO job a transferable job? 

Yes, a Nainital Bank SO can be posted anywhere depending on the location of bank branches. 


Q5: What the age limit for  Nainital Bank SO job?

The notification includes various post and the age limit for every post lie between 22-32 years.


Q6: Is experienced required for  Nainital Bank SO 2020 Exam? 

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