Nainital Bank - Home Page
  • BANK OPENED ITS 149th BRANCH AT BHAUWALA, DEHRADUN AND 150th BRANCH AT CHIDDERWALA, DEHRADUN ON 6th NOVEMBER, 2020. SH. DINESH PANT, CHAIRMAN & CEO INAUGURATED BOTH THE BRANCHES

  • BANK OPENED ITS 148TH BRANCH AT BHANIYAWALA, DEHRADUN ON 5TH OCTOBER, 2020. MR. DINESH PANT, CHAIRMAN & CEO INAUGURATED SAHASTRADHARA AND BHANIYAWALA BRANCHES.new

  • Bank opened its 146th Branch at Danpur, Rudrapur on 29.09.2020 and 147th Branch at Govindpuram, Ghaziabad on 30.09.2020. Mr. Dinesh Pant, Chairman & CEO of the Bank inaugurated both the branches.new

  • 98th Annual General Meeting of Nainital Bank held on 10th September,2020 through VC at Bank's Head Office, Nainital.new

  • Bank paid tribute to its founder father Bharat Ratna Pt. Govind Ballabh Pant on his 133rd birth anniversary on 10th September,2020.new

  • Notice for shareholders new

  • Bank celebrated its 99th Foundation day with great fervour and enthusiasm by organizing simple events and remembering and paying tribute to its founder fathers including Bharat Ratna Pt. Govind Ballabh Pant.new

  • Bank has opened its 145th branch at Jail Road Crossing, Haldwani on the auspicious day of Bank's 99th Foundation day. Our hon'ble Chairman & CEO Sh. Dinesh Pant inaugurated the branch.new

  • To fulfill its CSR responsibilities Bank adopted Himalayan black bear, Red Panda, Goral, Kaliji Pheasant and love bird for one year at G.B.O\Pant High Altitude Zoo at Nainital alongwith tree plantation activity on ceremonial occasion of Bank's 99th Foundation Day.new

  • IN VIEW OF COVID-19 CRISIS 'EMERGENCY CREDIT LINE GUARANTEE SCHEME' IS AVAILABLE IN OUR BANK FOR MEETING THE ADDITIONAL TERM LOAN/WORKING CAPITAL FACILITY UPTO 20% OF TOTAL OUTSTANDING AS ON FEBRUARY,29,2020 TO ELIGIBLE BUSINESS ENTERPRISES /MSMEs.new

  • Our Chairman & CEO Mr. Dinesh Pant has been elevated to TEG Grade / Scale VII in the rank of General Manager in Bank of Baroda w.e.f. 01.04.2020.new

  • Bank has launched COVID Emergency Credit Line (NCECL) loan scheme to provide liquidity support to borrowers impacted by COVID-19 pandemic.new

  • Bank has formulated Naini Kissan Credit Card (NKCC) scheme for meeting working capital requirements for animal husbandry and fisheries activities to help the farmers.new

  • Bank has also revised its SEED POLICY for credit facilities to seed processing units for FY-2020-21 wherein interest rate has been linked with CMR rating and collateral coverage.new

  • Mr. Dinesh Pant, Chairman & CEO, Nainital Bank donated his ONE month salary to "PM CARES" for COVID 19 outbreak victims.new

  • Nainital Bank is contributing Rs. 11.00 lakh (Rs. Eleven lakh only) for Chief Minister Relief Fund under CSR for COVID 19 outbreak victims. new

  • Employees of Nainital Bank contributed Rs. 14.20 lakh (Rs. Fourteen lakh twenty thousand only ) for "PM CARES" for COVID 19 outbreak victims.new

  • "Bank requires career oriented professionals as specialist officers in the category of Chartered Accounts, Credit Officers, Marketing Officers, IT Officers,Risk Officer, Planning Officer and Law officer". For details visit the Bank's website. new

  • Bank's esteemed customers are informed that the ATM withdrawal limit per Card per day reduced from Rs 40,000/- to Rs 20,000/- w.e.f. November 01,2018.

  • All esteemed customers holding magnetic cards are requested to get their cards replaced with EMV chip cards for uninterrupted card services.

150 Branches - 100% CBS/RTGS/NEFT Enable
GYANI
Educational Loan Scheme

The scheme aims at providing financial support to deserving students to pursue studies for Professional & Technical Curses in India and abroad.

Eligibility:
  • The student should be an Indian National

  • Should have secured admission to a higher education course in recognized institutions in India or Abroad through Entrance Test/ Merit Based Selection process after completion of HSC (10 plus 2 or equivalent). The Selection procedure should be transparent in nature.

Students admitted under Management Quota are also eligible for loan. In respect of admission through Management Quota, the fees to be considered should be within the fees structure as approved by the State Government or a Government approved Regulatory Body for admission to payment seats in Government Colleges/ Private Self Financing Colleges, Co-operatives and Colleges run by Universities, as the case may be.


Courses Eligibility :

A- Studies in India:

  • Professional courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental Management, Computer, Ayurveda, Homeopath, Physiotherapy.

  • Computer certificate courses of reputed institutes accredited to Department of Electronics or Institutes affiliated to University.

  • Courses like ICWA, CA, CFA, CS.

  • Courses conducted by IIM. IIT, IISc, XLRI, NIFT etc.

  • Evening Professional courses of Institutes approved by State /Central Government/UGC/ Universities.

  • Other courses leading to diploma/degree etc., conducted by colleges/universities approved by UGC/Govt/ AICTE/AIBMS/ICRM.

  • Courses offered by National Institutes and other reputed private institutions.

References for Verifying accreditation /reputation of Institute/ University: https://mhrd.gov.in,www.ugc.ac.in, https://www.aicte-india.org/, www.naac.gov.in; www.nbaind.org etc.


B -Studies Abroad :

  • Graduation for job oriented professional/technical courses offered by reputed universities.

  • Post-graduation MCA, MBA, MS.

  • Courses conducted by CIMA –London, CPA in USA.

Name/ Ranking of the University/Institutions for studies abroad may be verified from website: www.webometrics.info.


Quantum of Finance :

Need based finance to meet the expenses worked out will be considered taking in to account margins subject to the following ceilings:

  • Studies in India: -Maximum up to Rs.35 Lac.

  • For Study of Medical Science (MBBS & MD/MS) in India: Maximum up to Rs.75 Lac

  • Studies Abroad: -Maximum up to Rs.70 Lac.

Margins :
    1. For Loans Up to Rs.4.00 Lakh : 05%
    2. For Loans above Rs.4.00 Lakh : 15%

Scholarship/assistantship to be included in margin

Margin may be brought in on year to year basis as and when disbursements are made on a pro-rata basis.


Repayment Period :
  • Up to Rs. 7.5 lacs - 120 Months

  • Above Rs. 7.5 Lacs - 180 Months

The above repayment period is exclusive of repayment holiday.


Rate Of Interest :

Click here for latest Rate of Interest