Table of Contents
National Housing Bank (NHB) released the NHB Notification PDF on 28th June 2024 for the recruitment of 48 vacancies for 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, and Protocol Officer posts on a regular and 03-year contract basis.
The online application process for NHB Recruitment 2024 has been started on 29th June 2024 at www.nhb.org.in.
NHB Notification 2024 Out
The detailed NHB Notification under advertisement no. NHM/HRMD/Recruitment 2023-24/03 has been released on the official website www.nhb.org.in. Notification PDF is an important document that contains the details including vacancy, eligibility, selection process, exam pattern, and details. Candidates should ensure their eligibility for released posts before submitting the application form. Download the details advertisement pdf by clicking on the below link.
NHB Recruitment 2024- Highlights
The National Housing Bank (NHB) is a statutory body established under the National Housing Bank and regulates housing finance companies in India. NHB invites online applications from the eligible candiadtes for Manager and Officer vacancies. A brief overview of the recruitment process and requirements has been provided below in the table.
| NHB Recruitment 2024- Highlights | |
| Organization | National Housing 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, and Protocol Officer |
| Vacancies | 48 |
| Category | Govt. Jobs |
| Registration Dates | 29th June to 19th July 2024 |
| Mode of Application | Online |
| Selection Process | Online Test and Interview |
| Salary | Post Wise |
| Official Website | www.nhb.org.in |
NHB Recruitment 2024- Important Dates
Along with the details notification pdf, NHB has released the registartion dates for NHB Recruitment 2024. The online application process has been scheduled from 29th June to 19th July 2024. Candidates should bookmark the dates to avoid any deadline.
| Events | Dates |
| Notification release date | 28th June 2024 |
| Apply online starts | 29th June 2024 |
| Last date to apply online | 19th July 2024 |
National Housing Bank Vacancy 2024
Through the recruitment drive, the National Housing Bank (NHB) aims to fill a total of 48 vacancies on a regular and 03-year contract basis. The posts include the 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, and Protocol Officer. Check post-wise and category-wise vacancy details from the below table.
| Post Name | SC | ST | OBC | EWS | UR | Total |
|
General Manager (Project Finance)
|
– | – | – | 01 | 01 | |
|
Assistant General Manager (Credit)
|
01 | – | – | – | – | 01 |
| Deputy Manager (Credit) | 01 | – | 02 | – | – | 03 |
| Assistant Manager (Generalist) | 04 | – | 05 | 03 | 06 | 18 |
| Total | 06 | – | 07 | 03 | 07 | 23 |
| Re- Advertised Contractual Positions | SC | ST | OBC | EWS | UR | Total |
|
Chief Economist (on contract deputation)
|
– | – | – | – | 01 | 01 |
|
Application Developer
|
– | – | – | – | 01 | 01 |
|
Senior Project Finance Officer
3 Years
|
01 | 01 | 05 | 02 | 01 | 10 |
|
Project Finance Officer
3 Years
|
01 | 01 | 03 | 02 | 05 | 12 |
| Protocol Officer (Delhi) | – | – | – | – | 01 | 01 |
| Total | 02 | 02 | 08 | 04 | 09 | 25 |
NHB Recruitment 2024 Apply Online Link
The online application link for NHB Recruitment 2024 has been activated on 29th June 2024 on the official portal National Housing Bank. Candidates can submit their application forms through online mode only applications in any other mode will be accepted. The direct link to apply online for NHB Vacancy is also shared here. Click on the below link and submit application forms before the last date arrives which is 19th July 2024.
Steps to Apply Online NHB Recruitment 2024
- Visit the official website of the National Housing Bank i.e.www.nhb.org.in.
- On the bottom side of the homepage Click on the link “opportunities NHB”< “Current Advertisement”< “Recruitment Under Advertisement No. NHB/HRMD/Recruitment2023-24/03”<“Click here to Apply Online” which opens a new screen.
- To register the application, choose the tab “Click here for New Registration” and enter your Name, Contact details and Email.
- A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.
- Fill in the required details in the application form, including personal information, educational qualifications, and work experience.
- Upload scanned copies of necessary documents, such as educational certificates, identity proof, and passport-sized photographs, as per the prescribed format and size mentioned in the instructions.
- Pay the application fee through the provided online payment options.
- Once submitted, note down the registration number or take a printout of the application confirmation page for future reference.
- It is advisable to take a printout of the completed application form and payment receipt for your records.
NHB Recruitment 2024 Application Fee
The candidates have to pay the online application fee to complete the NHB registration process. The fee has to be paid online mode only through Net Banking / Credit card / Debit card. Check the category-wise fee in the table below:
| Category | Application Fees |
| SC/ST/PwBD | Rs. 175/- (Intimation Charges only) |
| Other than SC/ST/PwBD | Rs. 850/- (Application Fee including Intimation Charges) |
NHB Eligibility Criteria 2024
Before submitting the application forms for NHB Recruitment 2024, candidates should ensure that they fulfill the required eligibility in terms of educational qualification and age limit for the Manager and Officers vacancy. The post-wise eligibility parameters have been discussed here as mentioned in the notification pdf.
Educational Qualification
Candidates should hold a degree from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. Regulatory Bodies. The post-wise educational qualification is as follows:
| Post Name | Educational Qualification |
|
General Manager (Project Finance)
|
Candidates must have completed graduation in any discipline with ICWAI/ICAI/CFA/MBA (Finance) or equivalent |
|
Assistant General Manager (Credit)
|
Candidates must have complete graduation in any discipline along with ICWAI/ICAI/CFA/MBA (Finance) or equivalent/FRM from GARP/PRM from PRMIA |
| Deputy Manager (Credit) | Graduate in any discipline along with ICWAI/ICAI/CFA/MBA (Finance) or equivalent/FRM from GARP/PRM from PRMIA |
|
Chief Economist (on contract deputation)
|
Candidates must possess a master’s degree in economics with a specialization in monetary economics or Econometrics from a recognized Indian/ Foreign University. Desirable: A doctorate degree in Economics / Banking / Finance from a recognized University will be preferable. |
|
Application Developer
|
B.E.(CS/IT)/B.Tech. (CS/IT)/ MCA/M. Tech (CS/IT)/B.Sc. (CS/IT)/ M.Sc. (CS/IT) |
|
Senior Project Finance Officer
3 Years
|
Graduate in any discipline CA/ICWA/MBA (Finance) or equivalent will be preferred. |
|
Project Finance Officer
3 Years
|
Graduate in any discipline CA/ICWA/MBA (Finance) or equivalent will be preferred |
| Protocol Officer (Delhi) | Graduate in any discipline from a recognized university/institution. |
Work Experience (as on 01.07.2024)
| Post Name | Minimum Post-qualification Experience |
|
General Manager (Project Finance)
|
Minimum 15 years of experience in the Banks/ FIs/ regulated lending entities of which minimum 12 years in handling credit / project finance in Banks/ FIs/ regulated lending entities and the current post held by the candidate should be at Scale – VI or equivalent in PSBs / Grade D in AIFIs/equivalent in lending entities. |
|
Assistant General Manager (Credit)
|
Minimum 10 years of experience as an officer in the Banks/ FIs/ Regulatory bodies/regulated lending entities of which minimum 8 years of experience in either in Corporate Credit or Project Finance. |
| Deputy Manager (Credit) | Minimum 2 years of experience as an officer in the Banks/ FIs/ Regulatory bodies/regulated lending entities either in Corporate Credit or Project Finance. |
|
Chief Economist (on contract deputation)
|
Overall experience of at least 15 years in a Commercial Bank / FI/ reputed Rating Agencies / Government Bodies. Out of which minimum 10 years of experience in the areas related to Indian Economy and sectoral economy (preferably housing sector) in a Commercial Bank/ Fl/ Rating Agencies / Government Bodies. Preference: Candidates with work experience as Economist in Commercial Banks / FIs/ Rating Agencies/ Government Bodies |
|
Application Developer
|
Greater than 24 months to less than <48 months (Relevant experience as per the Job Profile mentioned in this recruitment shall be considered) |
|
Senior Project Finance Officer
3 Years
|
Officers with minimum working experience of 15 years in SCBs/Financial Institutions of which minimum 10 years of experience in handling Credit/ Project Finance. The last post held by the candidate 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 |
|
Project Finance Officer
3 Years
|
Officers with minimum working experience of 10 years in SCBs/Financial Institutions of which minimum 5 years of experience in handling Credit/ Project Finance |
| Protocol Officer (Delhi) | The candidate should be a retired officer from RBI/PSB/FI in India and should have worked in Senior Management level. Minimum 25 years of experience in RBI/PSB/FIs in India out of which at least 05 years work experience should be in the area of Public Relation/Protocol Duty. |
Age Limit (As on 01/07/2024)
The post-wise minimum and maximum age limits have been tabulated below in the table.
| Post Name | Minimum Age | Maximum Age |
|
General Manager (Project Finance)
|
40 Years | 55 Years |
|
Assistant General Manager (Credit)
|
32 Years | 50 Years |
| Deputy Manager (Credit) | 23 Years | 32 Years |
|
Chief Economist (on contract deputation)
|
– | 62 years |
|
Application Developer
|
23 Years | 32 Years |
|
Senior Project Finance Officer
3 Years
|
40 Years | 59 Years |
|
Project Finance Officer
3 Years
|
35 Years | 59 Years |
| Protocol Officer (Delhi) | 50 Years | 62 years |
National Housing Bank Recruitment 2024 Selection Process
The selection process for various Manager and Officer posts will be based on an Online Exam Interview. Based on the aggregate marks scored in the Objective Test a category-wise merit list will be prepared and candidates will be shortlisted for the Interview exam.
- Stage 1 – Online Examination
- Stage 2 – Interview
| Post Name | Selection Stage |
| Assistant Manager (Generalist) | Online Exam and Interview |
| Chief Economist (On Deputation) | Scrutiny of Application Form |
| General Manager (Scale VII), Chief Economist, Assistant General Manager (Scale V), Dy. Managers (Scale II), Senior Project Finance Officer, Application Developer, Protocol Officer and Project Finance Officer | Interview |
NHB Exam Pattern 2024
- The NHB Online examination will consist of both Objective and Descriptive Tests.
- Objective Tests will consist of a total of 155 questions for a total of 200 marks.
- The time duration of the exam is 3 hours.
- There is a negative marking, 1/4 mark will be deducted for the wrong answer.
- A descriptive test is a test of the English Language for 25 marks.
- Test consisting of two parts Letter Writing and Essay. Candidates will have to answer the Descriptive Test by typing on the computer.
- .The time duration for the descriptive test is 30 minutes.
| Name of Tests | No. of Questions | Total Marks | Time Duration |
| Reasoning and Computer Aptitude |
45 | 60 | 60 minutes |
| General Awareness (with a special focus on Economy & Banking) and Computer Knowledge. | 50 | 50 | 40 minutes |
| English Language | 25 | 30 | 35 minutes |
| Quantitative Aptitude (with special emphasis on Data analysis and interpretation) | 35 | 60 | 45 minutes |
| Total | 155 | 200 | 180 minutes |
| English Language (Letter Writing and Essay) (Descriptive ) | 02 | 25 | 30 minutes |
NHB Salary 2024
Selected candiadtes under NHB Recruitment 2024 will be offered an attractive monthly salary. Along with the salary, candidates will also provided facilities like reimbursement of expenses for medical/hospitalization, telephone/mobile charges, knowledge allowance, residential furnishing, conveyance allowance etc. Other benefits such as housing loan, vehicle loans, festival advances, LTC, gratuity, leave encashment, coverage under National Pension System governed by PFRDA etc. Check post-wise salary details from the table below.
|
Post Name
|
Scale | Scale of Pay |
|
General Manager (Project Finance)
|
Scale – VII | 116120 – 3220/4 – 129000 |
|
Assistant General Manager (Credit)
|
Scale -V | 89890 – 2500/2 – 94890 – 2730/2 – 100350 |
| Deputy Manager (Credit) | Scale – II | 48170 – 1740/1 – 49910 – 1990/10 – 69810 |
| Assistant Manager | Scale-I | 36000 – 1490/7 – 46430 – 1740/2 – 49910 – 1990/7-63840 |
|
Chief Economist (on contract deputation)
|
— | Fixed pay of Rs 3.75 lacs and variable pay of Rs 1.25 lacs) |
|
Application Developer
|
— | Rs. 0.85 lacs per month |
|
Senior Project Finance Officer
3 Years
|
— | Fixed compensation of Rs 3.5 lacs per month |
|
Project Finance Officer
3 Years
|
— | Rs 2.5 lacs per month |
| Protocol Officer (Delhi) | — | Rs. 0.75 lac per month |
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