Nainital Bank Nainital Bank - Home Page
  • 96th Annual General Meeting will be held on Tuesday, the 31st day of July, 2018 at 10:00 A.M Click here for more detail new

  • Bank has opened its 138th Branch at Dineshpur – Rudrapur and 139th Branch at Nanakmatta – Sitarganj. new

  • Inviting applications for Appointment of Practicing Company Secretary Firm for carrying out Secretarial Audit Functions in The Nainital Bank Limited. Click here for details
    last date April 30, 2018new

  • Bank has opened its 136th Branch at Shimla Pistore, Rudrapur and 137th Branch at Satwan Bujurg, Shahjahanpur. new

  • Bank invites application for Empanelment of Hardware & Software Vendors.– Click here for details...

  • The Naini Business Center ,Regional Office-Delhi and Naini Loan Point-Delhi has been functional w.e.f. 21st October 2017 at 4th Floor,C-20/1A, UPRNN Building, Sector-62 Noida, District-Gautam Budh Nagar, Uttar Pradesh. new

  • Exercise for recruitment of Management Trainees.-new

  • MOU signed between The Nainital Bank Limited and Future Generali India Insurance Company Limited on 05/06/2017new

  • MOU signed between Nainital Bank & India First Life Insurancenew

  • Bank has opened its specialized Loan Processing Centre "Naini Loan Point" at Lucknow, New Delhi, Dehradun, Haldwani and

  • Application for converting existing saving account to PMJDY( Basic Saving Bank Deposit ) Account. – Click here for download

  • Bank conferred with Excellence Award for excellent performance under Pradhan Mantri Jan Dhan Yojna(PMJDY).

  • Notice for the customers regarding CTS-2010 Standard Cheque Forms. Click here…

139 Branches - 100% CBS/RTGS/NEFT Enable
Naini Udhyog Suvidha for MSME


Coverage & Eligibility:

Micro, Small and Medium Enterprises– as defined in MSMED Act 2006 engaged in Manufacturing or Service sector (other than Retail Trade) established in the line of business for a minimum period of 2 years and financed/proposed to be financed under sole banking arrangement.
The unit proposed to be financed should preferably be registered with DIC.
The borrowers already availing working capital facility under general finance for the manufacturing/ service can not be financed under the scheme simultaneously; however such borrowers may switch over to this scheme if they otherwise qualify for the same.

Purpose :

For working capital requirement.

Nature of facility :

Over Draft ( Against Land and Building belonging to unit or Promoters of the unit or close relatives viz. father, mother, spouse, son or daughter only, provided they stand as guarantors.

Amt. of facility :

Minimum 15,00,000/( Rs. Fifteen Lac only)
Maximum Rs.2, 00, 00,000/- (Rs. Two Hundred Lac only)

Rate of Interest:

2.00% Over Base rate At present with monthly rest.

Method of assessment of working capital:

The credit limit to be considered as under:

Maximum amount of limit will be lowest of the followings:
20% of accepted projected sales subject to verification of sales tax returns of previous years/quarters
Advance value of collateral (after adjusting of margin)
Rs.2,00,00,000/- (Rs. Two Hundred Lac only).

Margin on collateral security:

On the value of Immovable property (Only Commercial or Residential property to be taken as security) - 40%.

Prime Security:

Hypothecation of stocks.
Hypothecation of Book Debts.
Hypothecation of Assets created out of bank finance.

Collateral Security:

Mortgage of immovable property (Only Commercial or Residential property to be taken as security).
Important:The immovable property proposed to be mortgaged as security must have some construction on it or it must be demarcated by proper boundary wall for easy identification of the property.
One credit facility against one property is to be allowed

Age of Property:

Maximum 25 Years (building). In case the same exceeds 25 years, branch to get the property inspected by the approved architect of the bank and a certificate is obtained regarding soundness and remaining age of the construction (building) from him.


-12- Months, subject to annual review