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the Nainital Bank Associate Vice President salaries in Nainital

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₹30 Lakhs - ₹38.3 Lakhs
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Last Updated: 14 Aug 2023

Associate Vice President salary at the Nainital Bank ranges between ₹30 Lakhs to ₹38.3 Lakhs per year for employees with 17 years of experience. Salary estimates are based on 1 latest salaries received from various employees of the Nainital Bank.

Salary related reviews for the Nainital Bank

4.6

Rated by 2 employees for salary & benefits

Strategic & Top Management Department

4.0
  •  posted on 17 Feb 2019

3.0
 for  Salary and Benefits

Likes

...d not able to compete with other banks due to non upgradation of technology .Salary is based on IBA agreement, no such pressure of work. Learning opportunity is limited. No such travels . BOB is holding 99 % shares and Chairman and COO are on deputation which hampers working, change of frequent policies.

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Dislikes

Chairman and COO are from BOB and governed by service conditions of BOB ,hence not accountable for working in Nainital Bank . Bank was established in 1922 and total business is app 10000 crore. It is implications of deputation.

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Full Time

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BFSI, Investments & Trading Department

2.0
  •  posted on 06 Jul 2023

3.0
 for  Salary and Benefits

Likes

...e bank. Bank is running very well and its presence is in just 5 northern states. salary structure is as per IBA norms.

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Dislikes

Too much pressure on staff .. no job security.. everyday a new threat from management.. undhe pressure of work without sufficient staff and infrastructure. No-one is there to listen you but many superior are there to harras you

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Research & Development Department

4.0
  •  posted on 14 Apr 2018

4.0
 for  Salary and Benefits

Likes

...AND,HARYANA.HIMANCHAL PRADESH,JAIPUR) Job security is satisfactory as it's a 98.60% subsidiary of Bank of Baroda and one will be getting a handsome salary. Moreover, in the coming years of 2019-2020 there would be ample of opportunity for in respect of promotions because dozens of employees is at the verge of retirement currently. In addition, you will be getting some credit /operational trainings time to time.

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Dislikes

Every organization has some pros and cons, so why not Nainital Bank? No doubt, one will definitely feel the pressure of public and If you are a Branch Manager, there will be more pressure of meeting the quarterly targets of deposits and advances. Moreover, you will be responsibile for generating leads for third party products.

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BFSI, Investments & Trading Department

3.0
  •  posted on 31 May 2022

3.0
 for  Salary and Benefits

Likes

Job security is Good but there is no career growth , you may struggle 10 years to get a single promotion. No fastrack promotion. Nothing.

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Dislikes

No Fastrack Promotions , No favourable postings . No career growth . No appreciation for good Work.

Other Department

5.0
  •  posted on 11 Aug 2021

5.0
 for  Salary and Benefits

Likes

Since bank is an associate of Bank of Baroda, it has mixed work culture of the both bank. Relations between management, superiors, peers and subordinates are excellent. Salaries are same as in nationalised bank.

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Dislikes

Small bank but a beautiful bank. Bank is expanding very fast and the prospect of carrer growth is good

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the Nainital Bank Associate Vice President salary in Nainital ranges between ₹30 Lakhs to ₹38.3 Lakhs. This is an estimate based on latest salaries received from employees of the Nainital Bank.