The Nainital Bank Limited has issued a job notification inviting applications for various positions in the bank. The available positions are Associate Vice President in the Credit Department and Associate Vice President or Vice President in the Central Internal Audit Division.
Nainital Bank Recruitment 2023 Overview
| SR No | Name of the Post | No of Vacancies | Age Limit | Pay Scale |
|---|---|---|---|---|
| 1 | Associate Vice President – Credit Department | 3 | 32-45 | Rs. 76,010-1,00,350 |
| 2 | Associate Vice President – Central Internal Audit Division Or Vice President – Central Internal Audit Division | 1 | 34-48 | Rs. 76,010-1,00,350 or Rs. 89,890-1,00,350 |
There are a total of 3 vacancies available for the position of Associate Vice President in the Credit Department, while only 1 vacancy is available for the position of Associate Vice President or Vice President in the Central Internal Audit Division. The age limit for these positions is between 32 to 45 years for the Associate Vice President in the Credit Department and between 34 to 48 years for the Associate Vice President or Vice President in the Central Internal Audit Division.
The selected candidates for the Associate Vice President in the Credit Department will be placed in Officers’ Grade/ Scale IV, while the selected candidate for the Associate Vice President or Vice President in the Central Internal Audit Division will be placed in Officers’ Grade/ Scale IV or V. The pay scale for these positions ranges from Rs. 76,010 to Rs. 1,00,350, depending on the position and the grade/scale.
The Cost to Company (CTC) for both positions is approximately Rs. 19.50 Lakhs per annum, which includes various other benefits. However, for the position of Vice President in the Central Internal Audit Division, the CTC can go up to Rs. 24.00 Lakhs per annum, depending on the candidate’s qualifications and experience.
Interested and eligible candidates are advised to go through the eligibility criteria for each position carefully and apply for the position they are interested in.
Nainital Bank Recruitment 2023, Eligibility Criteria
The eligibility criteria for the various posts in The Nainital Bank Recruitment 2023 are as follows:
1. Associate Vice President in Officers’ Grade/ Scale IV – Credit Department:
- The candidate must have a CA/CFA qualification or a full-time MBA in Finance from a recognized university/institute, or a B.Com/M.Com degree with relevant experience of 8 years.
- The candidate should have additional qualifications, preferably JAIIB & CAIIB.
- The candidate should have a minimum of 8 years of post-qualification experience of working in the Credit/Advances/Loan Processing units of a Bank/FIs/NBFCs as an Officer or equivalent.
- The candidate should be proficient in MSME/Retail/Corporate lending/processing appraisal and sanctioning of large credit proposals.
2. Associate Vice President- Central Internal Audit Division Or Vice President – Central Internal Audit Division:
- The candidate must have a CA/CFA/ICWA qualification or a full-time MBA in Finance from a recognized university/institute, or a B.Com/M.Com/Other Post Graduation degree.
- The candidate should have additional qualifications, preferably JAIIB & CAIIB and Certification in the relevant field.
- The candidate should have a minimum of 7 years of post-qualification experience of working in the FIs/NBFCs, out of which minimum 2 years of experience should be of having worked as Senior Manager/Grade III or equivalent in the Inspection Department of a Bank/Financial Institution.
- The candidate should have requisite professional competence, knowledge, and experience of Internal Audit.
- The candidate should possess requisite skills to audit all areas of the Bank.
How to Apply for Nainital Bank Recruitment 2023
To apply for the Nainital Bank Recruitment 2023, candidates need to have a valid email ID which should remain active until the result is declared. This will enable them to receive call letters, interview advices, and other relevant information through email. Therefore, it is essential to provide an active email ID while applying for the recruitment. Candidates can follow the instructions provided in the official notification to apply for the desired post. It is advised to read the eligibility criteria and other details carefully before applying for the recruitment.