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Updates NHB Assistant Manager and Other Post Recruitment 2024

NHB Assistant Manager Recruitment 2024, Notification Detail, Application Fee, Exam Pattern, Selection Process and More.

National Hoursing Bank NHB is inviting applications from qualified candidates for several 48 positions. These include General Manager Scale – VII (Project Finance), Assistant General Manager Scale-V (Credit), Deputy Manager Scale – II (Credit), Assistant Manager Scale-I, Chief Economist (on contract/deputation basis), Protocol Officer in Delhi (on contract), Application Developer (on contract), Senior Project Finance Officer (on contract), and Project Finance Officer (on contract). Online application is Started on 26 June 2024 and will close on 19 July 2024. It is a great opportunity for students who wish to make career in Banking section in India.

NHB Assistant Manager Recruitment Notification 2024 Out

The detailed NHB Notification under advertisement no. NHM/HRMD/Recruitment 2023-24/03 has been published on the official website, www.nhb.org.in. Candidates are advised to verify their eligibility for the advertised positions before submitting their application forms. The detailed advertisement PDF can be downloaded by clicking on the link below. There are a total of 48 posts, and applications can be submitted from June 26, 2024, to July 19, 2024.

NHB Assistant Manager Recruitment Notification - PDF Download

NHB Recruitment 2024 - Insights

The National Housing Bank (NHB), a statutory body regulating housing finance companies in India, has released a detailed recruitment notification for 2024 on its official website. NHB invites online applications for 48 Manager and Officer vacancies, including positions such as General Manager, Assistant General Manager, Deputy Manager, and more. The application period is from June 26 to July 19, 2024.

NHB Recruitment 2024 - Overview

Highlights Description
Recruitment Organization National Hoursing Bank
Post Name General Manager (Project Finance), Assistant General Manager (Credit), Deputy Manager (Credit), Assistant Manager (Generalist), Chief Economist, Application Developer, Senior Project Finance Officer, Project Finance Officer, Protocol Officer and more
Total Seats 48
Category Govt Jobs
Registration & Online Application Submission Dates 29th June to 19th July, 2024
Application Fee UR/OBC/EWS : ₹850
SC/ST : ₹175
Last Date to Make Payment 19th July 2024
Selection Process CBT Exam & Interview
Minimum Age 20-60 Year (Post Wise)
Maximum Age 30-63 Years (Post Wise)
Download Notification Download
Official Website www.nhb.org.in

NHB Recruitment 2024 - Important Dates

The National Housing Bank (NHB) invites online applications for 48 Manager and Officer vacancies, including positions like General Manager and Deputy Manager. The application period is from June 29 to July 19, 2024, with the last date for payment being July 19, 2024.

NHB Various Post Recruitment 2024 - Important Dates

Events Dates
Notification Released On 28th June 2024
Application Begin 29th June 2024
Last Date to Submit Application 19th July 2024
Last Date to Make Payment 19th July 2024

NHB Recruiment 2024 - Application Fee

The National Housing Bank is currently inviting applications for various posts including Assistant Manager, Application Developer, and more. General, OBC, and EWS candidates are required to pay an application fee of ₹850, while SC and ST candidates need to pay ₹175. Payment can be made through Debit Card, Credit Card, Net Banking, or UPI for successful submission of applications.

NHB Recruitment 2024 - Application Fee

Category Application Fee in ₹
General / OBC / EWS 850/-
ST / SC / 175/-

National Hoursing Bank Post Wise Vacancy Detail 2024

Post Name Age Limit Eligibility
Chief Economist (on Contract/ Deputation) - upto 62 Years
  • Master’s degree in economics with specialization in monetary economics or Econometrics.
  • Desirable: Doctorate degree in Economics / Banking / Finance.
  • Overall experience of at least 15 years in a Commercial Bank / FI / reputed Rating Agencies / Government Bodies.
  • Minimum 10 years of experience in areas related to Indian Economy and sectoral economy (preferably housing sector).
  • Preference for experience as Economist in Commercial Banks / FIs/
    Rating Agencies/ Government Bodies.
General Manager (Scale – VII) 40 Years to 55 Years
  • Graduate in any discipline with ICWAI/ICAI/CFA/MBA (Finance) or equivalent.
  • Minimum 15 years of experience in Banks/ FIs/ regulated lending entities.
  • Minimum 12 years in handling credit / project finance.
  • Current post held should be at Scale – VI or equivalent in PSBs / Grade D in AIFIs/ equivalent in lending entities.
Assistant General Manager (Scale-V) 32 to 50 Years
  • Graduate in any discipline along with ICWAI/ICAI/CFA/MBA (Finance) or equivalent/FRM from GARP/PRM from PRMIA.
  • Minimum 10 years of experience as an officer in Banks/ FIs/ Regulatory bodies/regulated lending entities.
  • Minimum 8 years of experience in Corporate Credit or Project Finance.
  • Current post held should be at Scale – IV in PSBs / Grade C in AIFIs/equivalent in lending entities.
Deputy Manager (Scale – II) 23 to 32 Years
  • Graduate in any discipline along with ICWAI/ICAI/CFA/MBA (Finance) or equivalent/FRM from GARP/PRM from PRMIA.
  • Minimum 2 years of experience as an officer in Banks/ FIs/ Regulatory bodies/regulated lending entities in Corporate Credit or Project Finance.
  • Current post held should be at Scale – 1 in PSBs / Grade A in AIFIs or equivalent.
Assistant Manager (Scale-I) 21 to 30 Years
  • Full-time bachelor’s degree in any discipline with minimum of 60% marks (55% for SC/ST/PwBD) or a full-time Master’s Degree in any discipline with aggregate minimum of 55% marks (50% for SC/ST/PwBD).
  • Qualifications like Chartered Accountant/
    CMA/Company Secretary are also acceptable.
  • No prior experience required, but relevant experience is given weightage.
Senior Project Finance Officer (on Contract) 40 to 59 Years
  • Graduate in any discipline.
  • CA/ICWA/MBA (Finance) or equivalent preferred.
  • Minimum 15 years of experience in SCBs/Financial Institutions.
  • Minimum 10 years in handling Credit/ Project Finance.
  • Last post held should be at SMG Scale V & above in PSBs or equivalent to Grade D & above in Financial Institutions or equivalent.
  • Last drawn gross salary not less than that of SMG Scale-V of IBA scale.
Project Finance Officer (on Contract) 35 to 59 Years
  • Graduate in any discipline.
  • CA/ICWA/MBA (Finance) or equivalent preferred.
  • Minimum 10 years of experience in SCBs/Financial Institutions.
  • Minimum 5 years in handling Credit/ Project Finance.
  • Last post held should be at MMG Scale III & above in PSBs or equivalent to Grade B & above in Financial Institutions or equivalent.
  • Last drawn gross salary not less than that of MMG Scale-III of IBA scale.
Protocol Officer-Delhi (on Contract) 50 to 62 years
  • Graduate in any discipline from a recognized university/institution.
  • Retired officer from RBI/PSB/FI in India with Senior Management level experience.
  • Minimum 25 years of experience in RBI/PSB/FIs in India.
  • At least 05 years of work experience in Public Relation/Protocol Duty.
Application Developer (on Contract) 23 to 32 Years
  • B.E.(CS/IT)/B.Tech. (CS/IT)/MCA/M. Tech (CS/IT)/B.Sc. (CS/IT)/ M.Sc. (CS/IT)
  • 24-48 months of relevant experience.

NHB Recruitment 2024 - Category Wise Relation in Upper Age Limit

Category of Candidate Age Relaxation
Scheduled Caste and Scheduled Tribe (SC/ST) 5 years
Other Backward Classes (Non-Creamy Layer) (OBC) 3 years
Persons with Benchmark Disabilities (PwBD) - UR 10 years
Persons with Benchmark Disabilities (PwBD) - SC/ST 15 years
Persons with Benchmark Disabilities (PwBD) - OBC 13 years
Ex-servicemen (including ECOs/SSCOs) 5 years
ECOs/SSCOs with extended military service 5 years

NHB Recruitment 2024 - Category Wise Vacancy Detail

Post SC ST OBC-NCL EWS UR Total
General Manager (Scale – VII) - Project Finance - - - - 1 1
Assistant General Manager (Scale V) - Credit* 1 - - - - 1
Dy. Manager (Scale – II) - Credit 1 - 2 - - 3
Assistant Manager (Scale-I) - Generalist 4 - 5 3 6 18
Chief Economist (on Contract / Deputation) - - - - 1 1
Senior Project Finance Officer 1 1 5 2 1 10
Project Finance Officer 1 1 3 2 5 12
Protocol Officer-Delhi - - - - 1 1
Application Developer - - - - 1 1
Total 8 2 15 7 14 48

Post Wise Vacancy detail

Selection Process for JMGS-I (Assistant Manager - Generalist)

  • Phase I: Online Examination
    • Structure: Objective Tests (200 marks) consisting of Reasoning, General Awareness, English Language, and Quantitative Aptitude.
    • Duration: 3 hours with separate timings for each section.
    • Descriptive Test (25 marks): English Language (Letter Writing and Essay), 30 minutes duration, immediately after the Objective Test.
    • Penalty: 1/4th mark deducted for each wrong answer in Objective Tests.
    • Cut-off Scores: Candidates need to secure minimum scores in each section of the Objective Test.
  • Phase II: Interview
    • Merit list preparation based on aggregate marks from the Objective Test.
    • Minimum aggregate cut-off marks for Interview to be decided by the Bank.
    • Interview conducted at NHB head office in New Delhi.
    • Total Marks: 50 (Interview).
    • Weightage: Online Examination (80%) and Interview (20%).
    • Final Selection: Merit list prepared by combining scores from Online Examination and Interview.

Selection Process for Chief Economist (On Deputation)

  • Selection Process for Chief Economist (On Deputation)
    • Tenure and Pay Scale
      • Initial deputation period: 3 years, extendable based on annual performance review.
      • Option for salary/perquisites of parent organization + deputation allowance or TEG Scale – VII (GM) in NHB.
      • Maximum Age: 55 years with minimum residual service of 5 years as of the last date of application.
      • Location: Candidates willing to serve anywhere in India may apply.
    • Application Process
      • Application submission via Speed-Post/Registered Dak to NHB, New Delhi.
      • Deadline: Applications must reach by 19th July 2024.
      • Required Documents: ACRs/APARs for last 5 years, NOC, Vigilance Clearance Certificate through proper channel.

Selection Process for Other Posts (GM, AGM, Dy. Managers, Senior Project Finance Officer, Application Developer, Protocol Officer, Project Finance Officer - Contractual)

  • Selection Criteria
    • Shortlisting and Interview based on educational qualifications, professional experience, and performance.
    • Preliminary screening for shortlisting eligible candidates.
    • Online examination may be conducted for certain posts if required.
    • Final selection based on Interview performance and final marks.
  • Interview Details
    • Conducted at NHB head office in New Delhi.
    • Interview marks combined with other selection criteria for final merit list.
    • Candidates must produce specified documents at the time of interview, failing which candidature may be canceled.

NHB Assistant Manager Exam Pattern 2024

Sr. No Name of Tests No. of Ques -
tions
Max Mark Med-
ium of Exam
Time allo-
tted for each test (Sepa-
rately timed)
1 Reasoning and Computer Aptitude 45 60 English & Hindi 60 min
2 General Aware-
ness (with special focus on Economy & Banking) and Computer Know-
ledge
50 50 English & Hindi 40 min
3 English Language 25 30 English 35 min
4 Quan-
titative Aptitude (with special emphasis on Data analysis and inter-
pretation)
35 60 English & Hindi 45 min
Total 155 200 03 hours
English Language* (Letter Writing and Essay) *Descriptive Test is a test of English Language for 25 marks. Test will be of 30 minutes duration consisting of two parts Letter Writing and Essay. Candidates will have to answer Descriptive Test by typing on the computer. Descriptive Test will commence immediately after completion of the Objective Test. Descriptive Test is of qualifying nature and candidates have to secure minimum score in the Descriptive Test. Evaluation of Descriptive Test paper is subject to candidate attaining minimum marks in Objective Test.
NHB Recruitment 2024 Salary Detail for Each Post
Post Scale Scale of Pay
Regular Posts*
General Manager Scale – VII 116120 – 3220/4 – 129000
Assistant General Manager Scale -V 89890 – 2500/2 – 94890 – 2730/2 – 100350
Deputy Manager Scale – II 48170 – 1740/1 – 49910 – 1990/10 – 69810
Assistant Manager Scale-I 36000 – 1490/7 – 46430 – 1740/2 – 49910 – 1990/7 – 63840
Contractual Posts
Chief Economist Market-linked compensation of Rs 5 lacs per month (with a fixed pay of Rs 3.75 lacs and variable pay of Rs 1.25 lacs). The variable pay to be linked to the performance rating. In case of outstation duty, travelling and halting allowances will be as applicable to Scale – VII officers of the Bank. The period of contract shall be initially for a period of 3 years, subject to yearly review, which can be extended for a maximum term of 5 years (one year at a time) or 65 years of age whichever is earlier.
Senior Project Finance Officer Fixed compensation of Rs 3.5 lacs per month. In case of outstation duty, travelling and halting allowances will be as applicable to TEG Scale VI cadre (IBA Scale). The period of contract shall be initially for a period of 3 years, subject to yearly review, which can be extended for a maximum term of 5 years (one year at a time) or 65 years of age whichever is earlier.
Project Finance Officer Fixed compensation of Rs 2.5 lacs per month. In case of outstation duty, travelling and halting allowances will be as applicable to Scale IV cadre (IBA Scale). The period of contract shall be initially for a period of 3 years, subject to yearly review, which can be extended for a maximum term of 5 years (one year at a time) or 65 years of age whichever is earlier.
Protocol Officer - Delhi Rs. 0.75 lac per month (consolidated). Travelling and halting allowances shall be paid as per eligibility of Scale III Officers of the Bank. Initially for a period of 3 years, subject to yearly review, which can be extended for a maximum term of 5 years (one year at a time) or 65 years of age whichever is earlier.
Application Developer (on Contract) Rs. 0.85 lacs per month (consolidated) Initial tenure for a period of 2 years which can be extended for a maximum term of 3 years (subject to annual review).

FAQs for NHB Assistant Manager and Other Post Recruitment 2024

What is the application period for the NHB Recruitment 2024, and when does it commence and end?

⬇️

The online application process for the National Housing Bank (NHB) Recruitment 2024 begins on June 29, 2024, and concludes on July 19, 2024.

How can I apply for the post of Chief Economist ?

⬇️

For the Cheif Economist you have to submit you Application From via speed post. You can get Offline Application from Official Notification. Take care cutoff date , your application should reached on described address before 19th July 2024.