Nainital Bank SO Recruitment 2020: Nainital Bank Limited has decided to conduct the online written exam for all the posts of Specialist Officer through IBPS on September 28, 2020. The admit card for the online written test has been uploaded on the bank’s website and IBPS also sends SMS through regarding the same on the registered mobile numbers of applicants. Earlier, Nainital Bank Limited has released the official recruitment notice to fill up vacancies for the post of Specialist Officer at the website of the bank i.e. nainitalbank.co.in. The selection of candidates for Nainital Bank SO Recruitment 2020 is to be done on the basis of the wriiten exam, Interview, and Merit list. Read this article to know all the details and get all the latest updates of Nainital Bank SO Recruitment 2020.
Latest: Admit Card for Nainital Bank SO Recruitment 2020 is now available. Download here
Nainital Bank SO Recruitment 2020
The recruitment of Specialist Officer is being done in vacancies advertised for different posts in the bank. Candidates will be appointed at the Officer’s Grade/Scale I after final selection. Get the complete schedule of events related to Nainital Bank SO Recruitment 2020 here below.
| Important Event | Date |
| Start of application | 06 Jul 2020 |
| Last date of receipt of applications | 21 Jul 2020 |
| Release of admit card for exam | 18 Sep 2020 |
| Online Writes test date | 28 Sep 2020 |
| Availability of Interview Call Letter | To be announced |
| Date of interview | To be announced |
| Declaration of Result | To be announced |
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Nainital Bank SO Recruitment 2020 Exam Date Announced!
In view of the huge number of applications received by the Bank for Specialist Post, the Bank has decided to conduct an online written test for all of the posts via IBPS on September 28, 2020. The link for downloading the admit card and other details will be uploaded on the Bank’s website. Also, IBPS will send an initiation via SMS to this effect on the registered telephone numbers issued by the applicants at the time of submission of applications.
Admit Card/Call Letter for Nainital Bank SO Recruitment 2020
The selection process of Nainital Bank SO Recruitment 2020 consists of personal interviews although a written exam may be conducted depending upon the number of applications. The bank will send the interview call letters to the eligible applicants through the registered email id. Therefore, candidates are advised to keep the email active at least till the closure of the recruitment. The interview call letters contain the details of the date, time, and venue of the interview and other details of the candidate. In any case, if a written exam is conducted, information about the admit card for the exam is expected to be updated thereon.
Exam Pattern for Nainital Bank SO Recruitment 2020
The online examination will comprise the following objective type multiple choice tests:
| Name of the Test | No. of Questions | Duration |
| Reasoning | 50 | 40 mins |
| English Language | 40 | 35 mins |
| Quantitative Aptitude | 50 | 40 mins |
| Professional Knowledge in the related stream | 60 | 40 mins |
| Total | 200 | 150 mins |
Each question carries 1 marks and 1/3 marks has been deducted for every wrong answer.
Vacancy Detail of Nainital Bank SO Recruitment 2020
A total of 30 vacancies are advertised by the Nainital Bank Limited for the recruitment of Specialist Officers in different posts. The vacancy details can be checked below.
Selection Process of Nainital Bank SO Recruitment 2020
Eligible candidates are to be selected on the basis of shortlisting and personal interview. The bank may conduct written exam depending upon the number of applications.
Interview: The bank develops their own criteria for shortlisting of candidates for the interview. Therefore, mere fulfillment of the eligibility conditions does not guarantee that a candidate will be called for interview. Based on the parameters, adequate number of candidates are shortlisted for the interview.
Merit List: The selection merit lists are are prepared on the basis of the final interview. If a written exam is conducted, the score in the written exam and the interview are considered for the compilation of the final merit list. If more than one candidate secures the same score, then the one with the higher age is ranked up the merit list.
Result of Nainital Bank SO Recruitment 2020
The result is released in the form of a final merit list of shortlisted candidates. The candidates who secure marks equal to or more than the cut-offs as decided by the Bank are shortlisted for the final merit lists. Candidates can check the result from the official website as specified before. Those who are finally shortlisted are recommended for appointment to the applied post.
Pay Scale of Nainital Bank SO Recruitment 2020
Appointed candidates are placed at the relevant level of pay as per the 7th CPC matrix in different pay scale. The scale of pay is indicated for different posts. Candidates can check the details below.
Eligibility Criteria for Nainital Bank SO Recruitment 2020
The Nainital bank has detailed the complete eligibility criteria as per different posts in the official advertisement. The eligibility conditions, in terms of the minimum educational qualifications and the experience required after the completion of the qualifying exam are reproduced as follows.
Age Limit
The Bank has specified the minimum and maximum age to apply for each post. Check out the details below.
- The minimum age of candidates must be 22 years as on 30.06.2020
- The maximum age of candidates must be 32 years as on 30.06.2020
Educational Qualification & Experience
The minimum educational qualification required to apply for each post and the minimum experience required are indicated through the official advertisement. Check out the post-wise details below.
Chartered Accountant
- Candidates must be an Associate Chartered Accountant/Fellow Chartered Accountant from Institute of Chartered Accountants of India (ICAI)
- Minimum of 02 years experience is required
Credit Officer
- Candidates must have a full-time regular degree in B.Com or M.Com with minimum marks of 60%.
- MBA (Finance/Banking)/Post Graduate Diploma in Business Administration (Finance/banking) with 60% marks is desirable
- Minimum of 02 years experience in Banks/NBFCs/FIs in credit appraisal and processing is required.
Risk Officer
- Candidates must have a full-time regular MBA (Finance) degree/Master’s Degree in Mathematics, Statistics, or Econometrics with at least 60% marks.
- Candidates with Certification in “Risk in Financial Services” awarded by IIBF or “Integrated Risk Management” from NIBM/GARP-FRM (I or II) or Chartered Financial Analyst are given preference
- Need to have experience in the risk management department or financial services of bank/FIs.
Marketing Officer
- Candidates must have a full-time regular MBA (Marketing) degree with a minimum of 60% marks.
- Must have 2 years’ experience in the marketing of banking products.
Law Officer
- Candidates must have a full-time regular degree in Law with a minimum of 60% marks.
- Candidates with experience of handling legal matters at corporate/controlling offices of Banks/FIs are preferred.
Planning Officer
- Candidates must have a full-time regular MBA (Finance or MA (Economics) degree with a minimum of 60% marks.
- Experience in the Planning department of Banks/FIs is required.
Application Process of Nainital Bank SO Recruitment 2020
The application process of Nainital Bank SO Recruitment 2020 is conducted offline. Candidates have to apply on the prescribed proforma which is available for download along with the official advertisement. Applications must be typed out in the format of the prescribed proforma and sent to the specified address by Registered/Speed post only. Candidates must superscribe the envelope witj the words “Application for the Post of __________________(mention the name of the post applied for)”.
A list of documents as specified in the detailed advertisement must be enclosed with the applications. It includes the proof of age, certificates and mark sheets and other testimonials. Candidates are also required to sign the application form and paste a recent photograph at the designated space on the application form. All applications must be sent or The Vice President (HR), The Nainital Bank Limited, Head Office, 7 Oaks Building, Mallital, Nainital 263-001 (Uttarakhand).
Application Fee
An application fee, as specified by the Bank in the detailed notice for Nainital Bank SO Recruitment 2020 must be paid through Demand Draft in favor of the Nainital Bank and payable at Nainital. The draft needs to be attached with the application form.
About Nainital Bank
The Nainital Bank Limited is a private organization whose operations date back to around a century. It is a private sector scheduled commercial bank. Nainital Bank was founded in 1922 by Bharat Ratna Late. Pt. Govind Ballabh Pant and other eminent personalities of Nainital. The head office of the bank is situated in Nainital, Uttarakhand. Currently, there are 3 regional offices at Haldwani, Dehradun, Noida, and 141 branches across the states of Uttarakhand, Uttar Pradesh, Delhi, Haryana, and Rajasthan.
Nainital Bank SO Recruitment 2020 Advertisement: Click Here
Official Website: nainitalbank.co.in.
