Introduction
The National Housing Bank (NHB) has launched a recruitment drive for a number of posts, including Assistant Manager Scale I, Project Finance, AGM Credit, Deputy Manager Credit, Project Finance Officer, Finance Officer, Application Developer, and Protocol Officer. This is an amazing chance for those looking to build a career in banking and finance. This handbook contains thorough information on eligibility requirements, significant dates, application procedures, and other topics to assist candidates in successfully navigating the recruiting process.
Overview
The National Housing Bank: Facilitating Housing Finance
The National Housing Bank (NHB) is a specialized financial institution established by the Government of India in 1988. While not a traditional commercial bank, it plays a vital role in India’s housing sector.
NHB’s Function:
- Regulates Housing Finance Companies: NHB ensures the smooth functioning of Housing Finance Companies (HFCs) by setting norms and regulations.
- Promotes Housing Finance: It promotes a robust housing finance system by providing refinance to HFCs, mobilizing resources, and promoting housing research.
- Supervises and regulates housing finance institutions.
Salary of Assistant Manager:
The starting salary of an Assistant Manager at NHB can vary depending on experience and pay commission revisions. However, estimates suggest a basic pay scale of ₹36,000 – ₹63,840 per month (as per Junior Management Grade Scale 1). With allowances and deductions, the in-hand salary can be around ₹44,000 per month.
Selection Process:
NHB recruits Assistant Managers through a competitive exam followed by an interview. The exam typically tests reasoning, quantitative aptitude, English language, and housing finance knowledge.
For the latest information on recruitment, exam patterns, and detailed salary structures, it’s best to refer to the official NHB website or notifications published for specific openings.
Important Dates
- Application Start Date: June 29, 2024
- Application End Date: July 19, 2024
- Last Date for Payment of Exam Fee: July 19, 2024
- Exam Date: As per schedule
- Admit Card Availability: Before the exam
Eligibility Criteria and Vacancy Details
- Minimum Age: 21 years (varies by post)
- Maximum Age: 63 years (varies by post)
- Age Relaxation: As per NHB rules
Application Fee
- General/OBC/EWS: ₹850
- SC/ST: ₹175
- Payment Mode: Debit Card, Credit Card, Net Banking, UPI
Post Details:
- Assistant Manager Scale I: 18 posts – Bachelor’s Degree in any stream with 60% marks or Master’s Degree with 55% marks (5% relaxation for SC/ST/PH candidates)
- Project Finance: 1 post – Bachelor’s Degree in any stream with CA/ICAI/CFA/MBA and 15 years of experience
- AGM Credit: 1 post – Bachelor’s Degree in any stream with ICWA/ICAI/CFA/MBA Finance and 10 years of experience
- Deputy Manager Scale II Credit: 3 posts – Bachelor’s Degree in any stream with CA/ICWA/MBA Finance and 15 years of experience
- Chief Economist: 1 post – Master’s Degree in Economics with 15 years of experience
- Senior Project Finance Officer: 10 posts – Bachelor’s Degree in any stream with CA/ICWA/MBA Finance and 15 years of experience
- Project Finance Officer: 12 posts – Bachelor’s Degree in any stream with CA/ICWA/MBA Finance and 10 years of experience
- Protocol Officer Delhi: 1 post – Bachelor’s Degree in any stream (Retired Officer from RBI/PSB/FI)
- Application Developer: 1 post – B.E. (CS/IT), B.Tech. (CS/IT), MCA, M.Tech. (CS/IT), B.Sc. (CS/IT), M.Sc. (CS/IT) with relevant experience
Application Procedure
- Preparation:
- Gather necessary documents, including educational certificates, proof of age, and identity proof.
Important Links
- Apply Online: Click Here
- Official Website: Click here
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