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the Nainital Bank Probationary Officer salaries in India

Annual salary range
0 - 2 years exp.
₹7 Lakhs - ₹7.6 Lakhs
Salary of majority employees
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8% less than the average Probationary Officer Salary in Financial Services Companies for 0 - 2 years of experience

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Last Updated: 23 Jun 2022

Companies similar to the Nainital Bank for Probationary Officer

Company name Avg Annual Salary Open Jobs
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Karnataka Bank Probationary Officer Salary

0 - 4 years exp. (33 salaries)

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₹6 L/yr - ₹11 L/yr

arrow icon 30% more
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Karur Vysya Bank Probationary Officer Salary

0 - 5 years exp. (4 salaries)

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₹3.2 L/yr - ₹6.6 L/yr

arrow icon 21% less
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South Indian Bank Probationary Officer Salary

0 - 2 years exp. (107 salaries)

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₹4.8 L/yr - ₹13 L/yr

arrow icon 42% more
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Federal Bank Probationary Officer Salary

0 - 2 years exp. (260 salaries)

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₹6 L/yr - ₹15.2 L/yr

arrow icon 78% more
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City Union Bank Probationary Officer Salary

0 - 4 years exp. (12 salaries)

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₹4 L/yr - ₹6.5 L/yr

arrow icon 25% less
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₹3.6 L/yr - ₹8 L/yr

arrow icon 8% less
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CSB Bank Probationary Officer Salary

0 - 5 years exp. (4 salaries)

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₹3.3 L/yr - ₹5.2 L/yr

arrow icon 43% less
Probationary Officer salary at the Nainital Bank ranges between ₹7 Lakhs to ₹7.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of the Nainital Bank.

Experience wise the Nainital Bank Probationary Officer salaries

Last Updated: 23 Jun 2022

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹7 L/yr - ₹7.6 L/yr
1 year  (3 salaries)

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₹7 L/yr - ₹7.2 L/yr
2 years (AmbitionBox Estimate)

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₹7 L/yr - ₹7 L/yr

Similar Designation salaries in the Nainital Bank

Deputy Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
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₹3.6 L/yr - ₹12 L/yr

Salary related reviews for the Nainital Bank

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

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.

read more

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

read more
  • Skill development - Bad
    +4 more

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.

read more
  • Salary - Good
    +5 more

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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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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  • Job security - Excellent
    +1 more

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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  • Skill development - Poor

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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  • Skill development - Excellent
    +2 more

Dislikes

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

  • Promotions - Bad

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.

read more
  • Salary - Excellent
    +6 more

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 Probationary Officer Salary FAQs

What is the salary of Probationary Officer at the Nainital Bank?
Probationary Officer salary at the Nainital Bank in India ranges between ₹7.0 Lakhs to ₹7.6 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 8% less than the average Probationary Officer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of the Nainital Bank India.
How does the salary of a Probationary Officer at the Nainital Bank India compare with the average salary range for this job?
The average salary of a Probationary Officer at the Nainital Bank is 8% less than the average salary of a Probationary Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than the Nainital Bank to a Probationary Officer in India?
  • Federal Bank Probationary Officer Salary - ₹6.0 Lakhs to ₹15.2 Lakhs per year
  • South Indian Bank Probationary Officer Salary - ₹4.8 Lakhs to ₹13.0 Lakhs per year
  • Karnataka Bank Probationary Officer Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Probationary Officer in companies similar to the Nainital Bank in India?
  • Tamilnad Mercantile Bank Probationary Officer Salary - ₹3.6 Lakhs to ₹8.0 Lakhs per year
  • Karur Vysya Bank Probationary Officer Salary - ₹3.2 Lakhs to ₹6.6 Lakhs per year
  • City Union Bank Probationary Officer Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
  • CSB Bank Probationary Officer Salary - ₹3.3 Lakhs to ₹5.2 Lakhs per year
What is the estimated take home salary of a Probationary Officer at the Nainital Bank in India?
The estimated take-home salary of a Probationary Officer at the Nainital Bank ranges between ₹53,047 per month to ₹54,367 per month in India. The take-home salary calculation is based on the average the Nainital Bank Probationary Officer salary in India which ranges between ₹7.0 Lakhs to ₹7.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Probationary Officer at the Nainital Bank?
According to AmbitionBox, 100% of the the Nainital Bank Probationary Officers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

the Nainital Bank Probationary Officer salary in India ranges between ₹7 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 the Nainital Bank latest salaries received from various employees of the Nainital Bank.