The National Housing Bank (NHB) has posted the NHB Notification PDF, which announces 48 openings for various positions. The NHB Recruitment 2024 application online link was launched on June 29, 2024 at www.nhb.org.in.
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About National Housing Bank (NHB)
The National Housing Bank (NHB) is the apex regulatory body overseeing the regulation and licensing of housing finance companies in India. It operates under the jurisdiction of the Ministry of Finance, Government of India, and was established on 9th July 1988 under the National Housing Bank Act, 1987.
NHB serves as the primary financial institution for housing in India, aiming to promote housing finance institutions at both local and regional levels. It provides financial and other forms of support to these institutions and handles related matters.
NHB Recruitment 2024
The National Housing Bank (NHB) has announced the NHB Recruitment 2024, with a total of 48 openings for various positions. The official website, www.nhb.org.in, provides full information about eligibility requirements, exam dates, compensation, selection procedure, and more. The registration time for this recruiting is from June 29th to July 19th, 2024. For more information, candidates should refer to the NHB Recruitment announcement, which is published on the official website.
NHB Recruitment 2024 Overview
| Organization Name | National Housing Bank (NHB) |
| Post Name | various positions |
| Vacancies | 48 |
| Education qualification | Graduate |
| Application Start Date | 29th June 2024 |
| Application End Date | 19th July 2024 |
| Job Location | Across India |
| Mode of Application | Online |
NHB Recruitment 2024 Education Qualification
Chief Economist (On Contract/Deputation)
- Qualification: Master’s degree in Economics with a specialization in Monetary Economics or Econometrics.
- Desirable: Doctorate in Economics, Banking, or Finance.
- Experience: Minimum 15 years in Commercial Banks, FIs, Rating Agencies, or Government Bodies, with at least 10 years in the Indian Economy and sectoral economy (preferably the housing sector).
- Preference: Candidates with Economist experience in Commercial Banks, FIs, Rating Agencies, or Government Bodies preferred.
General Manager (Project Finance)
- Qualification: Graduate in any discipline with ICWAI/ICAI/CFA/MBA (Finance) or equivalent.
- Experience: Minimum 15 years of experience in Banks, FIs, or regulated lending entities, with at least 12 years specifically in handling credit/project finance in Banks, FIs, or regulated lending entities.
- Current Position: The candidate should currently hold a post at Scale – VI or equivalent in PSBs, Grade D in AIFIs, or equivalent in lending entities.
Assistant General Manager (Credit)
- Qualification: Graduate in any discipline along with ICWAI/ICAI/CFA/MBA (Finance) or equivalent, or FRM from GARP/PRM from PRMIA.
- Experience: Minimum 10 years of experience as an officer in Banks, FIs, Regulatory bodies, or regulated lending entities, with at least 8 years of experience in either Corporate Credit or Project Finance.
- Current Position: The candidate should currently hold a post at Scale – IV in PSBs, Grade C in AIFIs, or equivalent in lending entities.
Deputy Manager (Credit)
- Qualification: Graduate in any discipline along with ICWAI/ICAI/CFA/MBA (Finance) or equivalent, or FRM from GARP/PRM from PRMIA.
- Experience: Minimum 2 years of experience as an officer in Banks, FIs, Regulatory bodies, or regulated lending entities, specifically in Corporate Credit or Project Finance.
- Current Position: The candidate should currently hold a post at Scale – in PSBs, Grade A in AIFIs, or equivalent in lending entities.
Senior Project Finance Officer (On Contract)
- Qualification: Graduate in any discipline. CA/ICWA/MBA (Finance) or equivalent qualification will be preferred.
- Experience: Officers must have a minimum of 15 years of working experience in Scheduled Commercial Banks (SCBs) or Financial Institutions, with at least 10 years of experience specifically in handling Credit/Project Finance. The candidate’s last position in SCBs/FIs should be at SMG Scale V & above in PSBs or equivalent to Grade D & above in Financial Institutions or equivalent. The last drawn gross salary should not be less than that of SMG Scale-V of the IBA scale as of 01.07.2024.
Project Finance Officer (on Contract)
- Qualification: Graduate in any discipline. CA/ICWA/MBA (Finance) or equivalent qualification will be preferred.
- Experience: Officers must have a minimum of 10 years of working experience in Scheduled Commercial Banks (SCBs) or Financial Institutions, with at least 5 years of experience specifically in handling Credit/Project Finance. The candidate’s last position in SCBs/FIs should be at MMG Scale III & above in PSBs or equivalent to Grade B & above in Financial Institutions or equivalent. The last drawn gross salary should not be less than that of MMG Scale-III of the IBA scale as of 01.07.2024.
Protocol Officer – Delhi (On Contract)
- Qualification: Graduate in any discipline from a recognized university/institution.
- Experience: The candidate should be a retired officer from RBI/PSB/FI in India and should have worked at the Senior Management level. Minimum 25 years of experience in RBI/PSB/FIs in India, out of which at least 5 years should be in the area of Public Relations/Protocol Duty.
Application Developer (on Contract)
- Qualification: B.E.(CS/IT)/B.Tech. (CS/IT)/MCA/M. Tech (CS/IT)/B.Sc. (CS/IT)/M.Sc. (CS/IT).
- Experience: Greater than 24 months to less than 48 months (Relevant experience as per the Job Profile mentioned in this recruitment shall be considered).
JMGS-I (Assistant Manager):
- Qualification: Bachelor’s degree with minimum 60% marks (55% for SC/ST/PwBD) or Master’s degree with minimum 55% marks (50% for SC/ST/PwBD). Chartered Accountants, CMAs, and Company Secretaries are also eligible.
- Experience: No prior experience is required, but relevant experience is advantageous.
- Skills Required: Strong communication (written and oral), analytical ability, and understanding of economic scenarios.
NHB Recruitment 2024 Age Limit
| Post | Age Limit (Minimum) | Age Limit (Maximum) |
| Chief Economist (on Contract/Deputation) | – | 62 Years |
| General Manager (Scale – VII) | 40 Years | 55 Years |
| Assistant General Manager (Scale-V) | 32 Years | 50 Years |
| Dy. Manager (Scale – II) | 23 Years | 32 Years |
| Assistant Manager (Scale-I) | 21 Years | 30 Years |
| Senior Project Finance Officer (on Contract) | 40 Years | 59 Years |
| Project Finance Officer (on Contract) | 35 Years | 59 Years |
| Protocol Officer (on Contract) | 50 Years | 62 Years |
| Application Developer (on Contract) | 23 Years | 32 Years |
These age limits specify the minimum and maximum age requirements for each post as of 1st July 2024.
NHB Recruitment 2024 Salary
Here are the pay scales for regular posts at the National Housing Bank:
- General Manager (Scale VII): Rs. 116120 – 3220/4 – 129000
- Assistant General Manager (Scale V): Rs. 89890 – 2500/2 – 94890 – 2730/2 – 100350
- Deputy Manager (Scale II): Rs. 48170 – 1740/1 – 49910 – 1990/10 – 69810
- Assistant Manager (Scale I): Rs. 36000 – 1490/7 – 46430 – 1740/2 – 49910 – 1990/7 – 63840
These pay scales outline the basic salary ranges for each scale, including increments and allowances as per NHB norms.
Here are the details for contractual posts at the National Housing Bank:
- Chief Economist:
- Compensation: Rs. 5 lacs/month (Rs. 3.75 lacs fixed + Rs. 1.25 lacs variable). Includes travel and halting allowances as per Scale VII.
- Contract Period: 3 years, extendable up to 5 years or age 65.
- Senior Project Finance Officer:
- Compensation: Rs. 3.5 lacs/month. Includes travel and halting allowances as per TEG Scale VI.
- Contract Period: 3 years, extendable up to 5 years or age 65.
- Project Finance Officer:
- Compensation: Rs. 2.5 lacs/month. Includes travel and halting allowances as per Scale IV.
- Contract Period: 3 years, extendable up to 5 years or age 65.
- Protocol Officer (Delhi):
- Compensation: Rs. 0.75 lac/month. Includes travel and halting allowances as per Scale III.
- Contract Period: 3 years, extendable up to 5 years or age 65.
- Application Developer (on Contract):
- Compensation: Rs. 0.85 lacs/month.
- Initial Tenure: 2 years, extendable up to 3 years.
These positions offer competitive compensation packages and allowances based on the respective scales and contractual terms.
NHB Recruitment 2024 Selection Process
Here’s a brief overview of the selection processes at the National Housing Bank (NHB):
- Assistant Manager (JMGS-I):
- Online Examination with Objective and Descriptive Tests.
- Objective Test covers Reasoning, General Awareness, English Language, and Quantitative Aptitude.
- Descriptive Test includes Letter Writing and Essay.
- Interview conducted in New Delhi, carrying 50 marks.
- Final Selection based on combined scores of Online Examination and Interview (80:20).
- Chief Economist (On Deputation):
- Deputation for 3 years, extendable based on performance.
- Options for salary from parent organization or equivalent to TEG Scale VII in NHB.
- Selection is based on performance review, tenure, and suitability.
- General Manager, Assistant General Manager, Dy. Managers, Senior Project Finance Officer, Application Developer, Protocol Officer, Project Finance Officer (On Contract):
- Shortlisting based on qualifications and experience.
- Interview for shortlisted candidates.
- Final Selection based on interview performance and merit ranking.
These processes ensure rigorous assessment and selection of candidates for various positions at NHB, emphasizing qualifications, experience, and interview performance.
NHB Recruitment 2024 Salary Application Fee
Here are the details regarding the application fees for National Housing Bank (NHB) Recruitment:
- SC/ST/PwBD Candidates:
- Application Fee: Rs. 175/-
- This fee covers only intimation charges.
- Other than SC/ST/PwBD Candidates:
- Application Fee: Rs. 850/-
- This fee includes both the application fee and intimation charges, excluding GST.
These fees are applicable for candidates applying to various positions at NHB and are subject to the specified categories mentioned.
NHB Recruitment 2024 Salary Application Process
To apply for positions at the National Housing Bank (NHB), follow these steps for online application registration:
- Visit the NHB Website:
- Go to the official National Housing Bank website at www.nhb.org.in.
- Navigate to the “Opportunities@NHB” section.
- Navigate to Current Vacancies:
- Click on “CURRENT VACANCIES” under the Opportunities@NHB section.
- Look for “Recruitment of Officers in Various Posts – 2023-24”.
- Click on Apply Online:
- Select “Click here to Apply Online”. This will open a new registration screen.
- New Registration:
- Choose the option “Click here for New Registration”.
- Enter your Name, Contact details, and Email.
- A Provisional Registration Number and Password will be generated. Note down these details.
- An Email & SMS with the Provisional Registration number and Password will also be sent to you.
- Complete Application Form:
- Fill in the application form with all required details carefully.
- Upload scanned copies of:
- Photograph
- Signature
- Left thumb impression
- Handwritten declaration (as per specifications provided)
- Save and Verify:
- Use the “SAVE AND NEXT” tab to save your entered data if you are unable to complete the form in one go.
- Before final submission, use the “SAVE AND NEXT” facility to verify all details entered.
- Ensure all information is correct and as per the specifications provided.
- Validate and Preview:
- Validate your details using the ‘Validate your details’ button.
- Preview the entire application form by clicking on the Preview Tab.
- Verify all details thoroughly.
- Final Submission:
- Once verified, click on the “COMPLETE REGISTRATION” button.
- After this step, no changes can be made to the application form.
- Upload Supporting Documents:
- Upload documents supporting your eligibility criteria as specified.
- Ensure all documents are uploaded correctly.
- Payment:
- Proceed to the ‘Payment’ tab and make the required payment as per your category.
- SC/ST/PwBD candidates: Rs. 175/- (Intimation Charges only)
- Other candidates: Rs. 850/- (Application Fee including Intimation Charges)
- Submit Application:
- After payment, click on the ‘Submit’ button to complete your application process.
Ensure you follow all instructions carefully and meet the eligibility criteria before applying. For any specific queries or updates, refer to the official NHB website or the recruitment notification.
Official Notification: Click Here