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A person’s income, salary or wage, whatever we call it, is a personal information. We are entitled to be discreet and personal with it. Like it’s said, it is very unprofessional to ask someone’s salary or expose and talk about your own. But when it comes to applying for a position, you should always make sure that you are paid for the work you execute. Every individual should know what is and what are the elements which constitute their entire income. Now you know that we will be discussing the Nainital Bank Salary Structure for the Clerical Post 2022.
The Nainital Bank released its latest notification on 1st February 2022 calling on interested and eligible candidates to the post of Management Trainee and Clerk. The number of vacancies opened for each post is 50 in number. Acquiring a position in the Nainital Bank is a well deserved achievement for a hardworking and dedicated candidate. The last date for accepting applications by the bank authority will be 15th February 2022. The application procedure is online and there is no other means to apply. The examination is conducted online at the allotted examination centres. The exam consists of a maximum score of 200 for 200 questions to be attempted. The total time duration available for the Nainital Bank Clerk Examination 2020 is 145 minutes for 5 sections in total.
Nainital Bank Exam 2022 – Details and Pattern
The Nainital Bank Exam 2022 is expected to be conducted in the month of March 2022. The exam is conducted online in the allotted examination centres for every candidate. The process of application has begun from the 1st of February. The last date of application is released by the bank as 15th of February 2022. So, all the aspirants are requested to complete the online application on or before the due date. The application fee to be paid by the applicants is Rs. 1500 for the Nainital Bank Exam Clerical Post 2022. The important Nainital Exam dates and details are tabulated below.
|Exam||Nainital Bank Clerk Exam 2022|
|Conducted by||Nainital Bank Limited|
|Notification Release Date||1st February 2022|
|Application Initiation Date||1st February 2022|
|Application Closure Date||15th February 2022|
|Date of Examination||Tentatively in March 2022|
|No. of vacancies||Management Trainees – 50
Clerks – 50
|Total Number of Questions||200|
|Time Duration||145 min|
|Application Fee||Rs. 1500|
Nainital Bank Exam 2022 – Eligibility Criteria
Candidates should ensure that they fulfil the criterias for qualifications and age as provided in the notification. Candidates, who do not fulfil the eligibility criteria, will be eliminated at any stage during the recruitment process. Candidates applying for the post of Clerk should hold a Graduation or Post Graduation Degree with minimum 50% marks from a recognized University/Institute. If the University has awarded CGPA / GPA score to the candidate, the percentage marks shall be calculated by dividing the total marks obtained in all the subjects in all the semesters by aggregate maximum marks in all the subjects.Knowledge of Computer Operations is must for a candidate applying for the clerical post. Candidates having 1-2 years’ experience in banking/ financial/ institutions/ NBFCs will be given more preference.
|Nainital Bank Clerk||Minimum – 21
Maximum – 30
|Graduation / Post Graduation minimum 50% marks from recognized University.
Knowledge of Computer Operations is essential
Nainital Bank Exam 2022 – Clerk Salary Structure
The Nainital Bank is one of the most reputed organisations for banking. It is the only scheduled commercial bank of Uttarakhand. The successful candidates in the written test will be called for an interview. Selection of the candidates is done based on the online written test and interview. Appointment letters will be then issued to the selected candidates to join for officer or Clerical post. The Nainital Bank Clerk post has the responsibilities such as verification of documents, updating the customer passbooks, handling and attending to treasury works and resolving grievances and attending queries of the bank customers.
The Nainital Bank as expected pays the employees well. Nainital Bank Clerk Salary differs per district. Pay Scale of Rs.17,900 – 47,920 plus an amount of applicable allowances is the Nainital Bank Clerk Salary Structure for 2022. As per 7th pay commission,the in Hand salary of Nainital Bank PO & Clerk is approximately 44,000. Hence the CTC will be almost INR 3.70 lakhs each year. Allowance which is also a part of the salary structure includes Special and Dearness Allowance. The special allowance paid shall be 7.75% of basic pay along with dearness allowance.
|Post||Nainital Bank Clerk|
|Salary||Pay Scale of ₹ 17900-1000/3-20900-1230/3-24590-1490/4-30550-1730/7-42660-3270/1-45930-1990/1-47920 Plus applicable allowances.|
|Special Allowance||7.75% of basic pay|
|Indemnity Bond Clerical Post||1 lakh for a Bond Period of 2 years at the time of joining|
Candidates should note that they will be required to execute an Indemnity Bond for prescribed amount with two sureties for serving the Bank for a specified period. If the candidate resigns from their position before completion of the specified period, they will indemnify the Bank for the amount of Bond for all costs, charges and expenses incurred by the Bank. Selected candidates can execute the Indemnity Bond before joining the Bank’s service. That will be the Nainikal Bank Salary Structure for the clerikal post.
Nainital Bank Exam 2022 – Allowances
Along with the salary comes the allowances too for the Nainital Bank Clerks. The selected candidates have fixed allowances in their Nainital Bank Clerk salary. The allowances available are as follows.
- Dearness Allowance
- House Rent Allowance
- Fuel Expenses
- Special Allowance
Nainital Bank Exam 2022 – Promotion
Candidates are recruited to the Nainital Bank as they clear both the stages of the recruitment process. A candidate recruited to the Nainital Bank Clerical Post will have duties and responsibilities on them.
The responsibilities include
- Document verification
- Issuing cash receipts
- Passbook updation of customers
- Receipt gathering
- Balance tally and so on.
If recruited as the Nainital Bank Clerk, you will be in charge of safeguarding the bank’s money and assets. Due to digitisation, the candidate needs to have computer knowledge as well. Thus only if the above mentioned responsibilities are duly practised, the candidate will have a chance of being promoted.
Candidates recruited by the bank to the Clerical Post do have the benefits of being promoted but only after the successful completion of their probation period. This completion of the probationary period of 2 years is mandatory. After the probationary period, the recruited candidate, currently the employee of the bank, should undergo a screening process. Later, depending on their work experience or promotional exams, the recruited candidate is likely to be promoted in the bank as a Grade II officer.
By clearing or being recruited in Nainital Bank Clerk Exam 2022 process, the candidate is offered to work as officer/assistant at manager level. According to the year of experience, they can be promoted to the following posts.
- General Manager
- Executive Level Post in the Ban
- Deputy General Manager
- Assistant General Manager
- Chief Manager
- Senior Manager
- Officer/Assistant Manager
Nainital Bank Exam 2022 – Benefits
We have always been hearing no matter what our graduation is in, to try for a government job. Family and elder people in the house keeps asking us to try for a government job no matter what our intrests are. Have you thought why they have been asking us to do so? So hear is the trade secret. Once you are recruited as a Nainital Bank employee, along with your post and salary comes extra benifits of being a Government employee. Now you might be thinking what are the additional benefits. Lets get to it.
- You will be provided with Transport facility or a vehicle
- All you holidays are paid
- You will be provided with Government accommodation
- Ofcourse with good and better experience you will enjoy increments and incentives
- You have ample days for paternal and maternal leave
- Provision for good medical facilities
- Approves Leave and travel concessions
- You will have Health insurance and Child safety schemes
- And Bonus for the unconditional and exeptional works
Being a part of the Nainital Bank gives you the same opportunities and advantages as any other bank. The Nainital Bank Clerical Post gives you the opportunity to grow higher into different levels in a shorter span of time compared to other main banks provided, you have the skills. Getting a job is not it. Being adept and accomplished in the field will only enhance your growth. Expand and flourish your capabilities. Don’t worry if your growth is slow but be worried if you’re standing still. Entri Wishes you all the best to conquer great heights.