MT is better, one of my relative join an internship program (long internship- for one year) - of a Govt. own bank (under Ministry of finance) in Jan 2009 till June 2010 (1.5 year),
He was offered internship for one year and than extended further six months at a monthly stipend of Rs.12,000/- per month, but after that he was jobless for near about 6 months than he got job inn Meezan Bank.
It my suggestion go for a job as MT not for NIP internship.