Nainital Bank Specialist Officer Applications Close September 7; ICMAI Flags Credit and Company Secretary Roles for Qualified CMAs
The Institute of Cost Accountants of India (ICMAI) flagged a recruitment drive at The Nainital Bank Limited for qualified Cost Accountants, with online applications closing on 7 September 2026. The ICMAI Professional Development updates page states that Nainital Bank Limited invites applications from qualified Cost Accountants for positions such as Manager (Credit), Manager (Company Secretary) and Senior Manager (Credit), with 7 September 2026 as the last date.
The bank's own notification for the posts of Specialist Officers in Grade/Scale-I, II and III, dated 14 August 2026, covers 41 vacancies across 14 posts. Online registration ran from 15 August 2026 to 7 September 2026, and the online examination is tentatively scheduled for October 2026. The process is run through IBPS.
Post-wise vacancies
| Post | Grade/Scale | Vacancies |
|---|---|---|
| Risk Officer | I | 2 |
| HR Officer | I | 3 |
| IT Officer (developer and administrator roles) | I | 10 |
| Data Scientist/Analyst | I | 2 |
| Civil Engineer/Architect | I | 2 |
| Manager (Credit) | II | 5 |
| Manager (Law) | II | 2 |
| Manager (Risk) | II | 2 |
| Manager (Company Secretary) | II | 1 |
| Manager (Security Officer) | II | 3 |
| Senior Manager (Credit) | III | 4 |
| Senior Manager (Forex) | III | 2 |
| Senior Manager (Treasury) | III | 2 |
| Senior Manager (Law) | III | 1 |
Where CMA, CA and CS qualifications count
None of the finance posts is reserved exclusively for one professional qualification, so the post-wise wording matters.
- Manager (Credit), Scale-II: a regular full-time graduate or postgraduate degree in MBA (Finance) is the stated qualification. The notification adds that professional qualifications like CA, CMA or CFA "shall be an added advantage". Minimum three years of post-qualification experience in credit is mandatory.
- Senior Manager (Credit), Scale-III: a regular full-time graduate degree in any discipline and a postgraduate degree in Finance. CA, CMA, CS, ICWA or CFA is listed as desirable. Minimum five years of experience handling a credit portfolio is required.
- Manager (Company Secretary), Scale-II: the candidate must be an Associate Member of the Institute of Company Secretaries of India. A law degree, CA, ICWA, CMA or FRM is desirable. Minimum three years of experience as a company secretary in the banking sector is required.
- Senior Manager (Treasury) and Senior Manager (Forex), Scale-III: both call for a graduate degree with a two-year MBA or equivalent postgraduate management qualification in finance (international business is also accepted for Forex) and at least five years of specialised experience in trading and asset-liability work or in currency markets with knowledge of FEMA and FEDAI rules.
In practice, a qualified CMA with only the CMA credential should check carefully before assuming eligibility for Manager (Credit), since the core qualification there is an MBA (Finance) and the professional qualification is an added advantage.
Age, pay and selection
Age is reckoned as on 1 August 2026: 21 to 32 years for Scale-I, 25 to 35 years for Scale-II and 25 to 38 years for Scale-III posts. The pay scales stated in the notification are Rs 48,480 to Rs 85,920 for Scale-I, Rs 64,820 to Rs 93,960 for Scale-II and Rs 85,920 to Rs 1,05,280 for Scale-III.
Selection is through an online written test followed by an interview for those who qualify. The objective test has five sections (reasoning, English, general awareness, professional knowledge and quantitative aptitude) carrying 200 marks in 145 minutes, with a penalty of 0.25 marks for each wrong answer. Selected candidates must execute an indemnity bond of Rs 3 lakh for two years. Postings can be at any branch or office of the bank in Uttarakhand, Uttar Pradesh, Delhi, Haryana and Rajasthan. Candidates may apply for one post only, and only full-time regular qualifications from recognised institutions are accepted.
After the closing date
The application window closed on 7 September 2026. The bank's careers page now carries an addendum dated 18 August 2026 and a link for applicants to download their admit card for the online examination. Candidates who registered should download the call letter, carry a valid photo identity document and keep original qualification and experience documents ready, since documents are verified during the process.
Updated on 28 September 2026: added the official ICMAI update and the bank's notification, the complete post-wise vacancy table, eligibility wording for credit, company secretary, treasury and forex posts, age limits, pay scales, exam pattern and the admit card status.
