Nainital Bank PO Salary 2025
Nainital Bank Limited offers promising growth opportunities and career prospects. It offers attractive pay scales to all its employees. As a Nainital Bank PO (MT), you will have to complete a probation period of one year. Initially, you will receive a lump sum payment of ₹48,480 per month plus other allowances. Detailed information on Nainital Bank PO salary can be drawn from the table below.
| Post | Salary/Pay Scale |
|---|---|
| Management Trainee | Lump sum payment of Rs. 40,000.00 per month. |
Indemnity Bond
After getting selected as a Probationary Officer in Nainital Bank Limited, you are required to execute an Indemnity Bond for the prescribed amount of 03 lakhs for 01 year. If you resign or leave the bank before the completion of this period, you need to indemnify the Bank for the amount of the Bond for all costs, charges, and expenses incurred by the Bank.
| Post | Bond Amount | Bond Period |
|---|---|---|
| PO | Rs. 3.00 Lacs | 1 year |
Nainital Bank Probationary Officer Job Profile
A Nainital Bank Probationary Officer performs the following tasks in the branch.
- A Nainital Bank Probationary Officer is placed across core banking departments to gain a steady understanding of day-to-day operations and branch procedures.
- The Nainital Bank PO handles front-desk service, where customers are guided through banking products and routine requests such as account updates, cheque book issuance, or ATM-related queries.
- The Nainital Bank PO oversees clerical tasks that support branch functioning, including cash management, account opening work, and regular customer interactions.
- The Nainital Bank PO plays an active part in the loan process. This includes preliminary discussions with applicants, checking documents, and ensuring that files meet the bank’s standards before the approval stages.
- The Nainital Bank PO assists in maintaining branch records and compliance requirements, keeping track of reports and audits that support smooth functioning.
- The role also involves monitoring daily transactions and spotting irregularities to ensure accuracy and security in branch operations.
- Over time, the Nainital Bank PO is expected to manage small teams, coordinate workflow within the branch, and support the branch manager in meeting business targets.
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Nainital Bank Po Salary FAQs
The basic pay of a Probationary Officer is Rs. 48400 with allowances
The Nainital Bank PO exam will be in ONLINE mode.
Yes, you have to sign an Indemnity Bond of Rs 2 lakh for 01 year. In case you leave the organization before the mentioned period, you have to pay the penalty.
Nainital Bank POs will receive a lump sum payment of ₹48400 per month.
Yes, you have to sign an Indemnity Bond of Rs 03 lakh for 02 years. In case you leave the organization before the mentioned period, you have to pay the penalty.
The Nainital Bank probation period for Probationary Officers is 2 years.
A Nainital Bank PO holds a very reputed job profile and earns a handsome salary based on their experience and skills. .
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