Nainital Bank Recruitment 2020: Apply For 30 Vacancies

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Nainital Bank Recruitment 2020 Notification Released: The Nainital Bank, has announced a recruitment notification form for Specialist Officer (SO). Through this official notification, this The Nainital Bank bank will recruit 30 SO’s. The posts that will be filled through this recruitment are Credit Officer, Marketing Officer, Chartered Accountants, Risk Officer, Law Officer, and Planning Officer. Interested applicants can apply for Nainital Bank Recruitment 2020 through the given format on or before 21 July 2020.  Check complete details from this page below.

Nainital Bank Recruitment 2020: Details

Organization NameNainital Bank Limited
Nainital Bank SO PostCredit Officers Risk Officer Chartered Accountants (CA) Marketing Officers Law Officer Planning Officer
Total Vacancies30 Vacancies
Starting Date6th July 2020
Closing Date21st July 2020
Application ModeOffline
Mode of PaymentDemand Draft (DD)
Selection ProcessPersonal Interview
(Written Test, if the need arises)
Official Sitewww.nainitalbank.co.in

Nainital Bank Recruitment: Vacancy Details

Nainital Bank SO PostVacancies
Risk Officer (RO)01
Credit Officers (CO)20
Chartered Accountants (CA)03
Marketing Officers04
Planning Officers01
Law Officers01
Total Vacancies30

Nainital Bank Recruitment 2020: Eligibility Criteria

Educational Qualifications

1. Chartered Accountants

Associate Chartered Accountant (ACA)/Fellow Chartered Accountant (FCA) from the Institute of Chartered Accountants of India (ICAI).

Experience: Min. 02 years in profession/service.

2. 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 (PG) Diploma in Business Admin. (Finance/ Banking) with min. 60% marks from a recognized University or AICTE approved Institute.

Experience: Minimum -2- years’ experience with Banks/ NBFCs/ FIs in credit appraisal and processing.

3. Risk Officer (RO)

Full time/Regular degree of PG with MBA (Finance)/Master Degree in (Mathematics/Statistics/Econometric) 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).

Experience: Candidates having experience in Risk Management Department/Financial Service of Bank/FIs.

4. Marketing Officers (MO)

Full time/Regular degree of MBA (Marketing) with min. 60 percent marks from a recognized University or AICTE approved Institute.

Experience: Minimum 02 years experience with Banks in the marketing of Banking Products.

5. Law Officer

Full time/Regular 03 years/05 years Professional Degree in Law with minimum 60% marks from a recognized University/Institute.

Experience: Preference will be given to those candidates who are handling legal matters at corporate/controlling offices of Banks/Financial Institutions.

6. Planning Officer

Full time/Regular degree of MBA (Finance) or MA (Economics) with min. 60% marks from a recognized University or AICTE approved Institute.

Experience: Candidates having experience in the Planning Department of Bank/FIs.

♦Age Limit

The candidates who will be applying for the post of Nainital Bank SO Recruitment must have a minimum age of 22 years and maximum age 32 years. (as on 30.06.2020)

Application Fee For Nainital Bank Recruitment 

The application fee for Nainital Bank SO Recruitment should be remitted through Demand Draft in favour of the Nainital Bank Limited payable at Nainital (Uttarakhand) and the same should be attached with the application.

CategoryApplication Fee
AllRs. 1000/- for each post

How To Apply For Nainital Bank  Recruitment 2020?

Candidates can apply for the Nainital Bank SO Recruitment are invited in OFFLINE MODE ONLY through speed or registered post only.

Candidates who will be applying for more than one post should apply should fill separate application/s, with the requisite fee amount, separately for each application and required documents/certificates.

The Applications must be sent enclosing all prescribed documents and should reach the Bank’s Head Office on or before July 21, 2020 at the address mentioned in the sealed envelope which should be superscripted as below:
“Application for the post of _______________________________” (Mention namemof the post applied for) only through registered/ speed post. 

The candidates applying for the post/s mentioned above must submit their duly typed application by
Registered/ Speed Post addressed to the address that is given below:

Address‘The Vice President (HRM), The Nainital Bank Limited,
Head Office, 7 Oaks Building, Mallital,
Nainital-263001 (Uttarakhand)’ 
Application FormDownload Nainital Bank SO
Application Form 2020

List Of Enclosures For Nainital Bank SO 

Demand Draft along with the application form superscripted “Application for the post of _______________________________” (Mention name of the post applied for) only through registered/ speed post.

Proof of age (copy of passing Secondary/High School/10th standard Certificate or Higher Secondary School /12th Standard Certificate mentioning the DOB).

Copy of Certificates and Mark sheets in respect of essential and desirable educational/professional qualifications acquired.

Required document(s)

Nainital Bank SO Recruitment: Selection Process

The selection for Nainital Bank SO will be made on the following:
|| Shortlisting | Personal Interview ||

However, the Bank may also conduct written examination of the applicants to shortlist the candidates for Personal Interview, depending upon the number of applications.

 The Bank will decide the shortlisting parameters and thereafter, adequate number of candidates, as decided by the Bank will be shortlisted and called for interview.

Merit List: Merit list for selection will be prepared in descending order on the basis of scores obtained in
interview only.

In case more than one candidate scores the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit.

The marks obtained in the written examination will also be reckoned for arriving at the final merit list (only if a written test is conducted by the Bank)

Salary For Nainital Bank SO 

1. Chartered Accountant: CTC would be approx. Rs. 7.00 lacs per annum.
2. Credit Officer: CTC would be approx. Rs. 7.00 lacs per annum.
3. Risk Officer: CTC would be approx. Rs. 7.00 lacs per annum.
4. Risk Officer:  CTC would be approx. Rs. 9.00 lacs per annum.
4. Marketing Officer: CTC would be approx. Rs. 7.00 lacs per annum.
5. Law Officer: CTC would be approx. Rs. 7.00 lacs per annum.
6. Planning Officer: CTC would be approx. Rs. 7.00 lacs per annum.

Apart from the CTC the Nainital Bank Specialist Officers will be entitled to Special Allowance @ 7.75% of Basic Pay + Dearness Allowance thereon (under revision at Industry level).

Nainital Bank Recruitment For SO: FAQs

Q. When can I apply for Nainital Bank Recruitment 2020?

Ans. You can apply from 6th July to 21st July for the Nainital Bank Recruitment 2020.

Q. What are the posts for which I can apply in Nainital Bank?

Ans. You can apply for a total of six (6) posts that include: Credit Officer, Marketing Officer, Chartered Accountants, Risk Officer, Law Officer, and Planning Officer.

Q. What is the mode of application for Nainital Bank Recruitment 2020?

Ans. One has to apply for Nainital Bank SO Recruitment only through offline mode, i.e. by speed post or registered post.

Q. What is the application fee for Nainital Bank SO Recruitment 2020?

Ans. The application fee for Nainital Bank SO Recruitment is Rs. 1000/ per post through Demand Draft in favour of the Nainital Bank Limited payable at Nainital (Uttarakhand).

Q. What is the selection process for the Nainital Bank Specialist Officer Recruitment 2020?

Ans. The selection process for Nainital Bank SO Recruitment is through an Interview. However, if the no. of applications is more, then a written examination may also be conducted.