National Housing Bank Recruitment 2023
NHB Recruitment 2023: The National Housing Bank (NHB) has released a notification for the recruitment of Assistant Managers. The notification was released on 28th September 2023 on the official website of NHB (https://nhb.org.in/). Candidates interested in applying for the 43 posts released can find more information about the recruitment in the article below.
National Housing Bank Recruitment 2023 – Overview
The National Housing Bank is a premier financing institution in the country. It regulates the national housing finance system. The NHB helps refinance different primary lenders and directly lends funding for projects undertaken for the construction of various housing infrastructures. The NHB recruitment is a golden opportunity for candidates to work with the bank. The following table gives a brief overview of the details regarding this recruitment.
| Head | Details |
|---|---|
| Name of Recruitment | NHB Assistant Manager |
| Conducting Authority | National Housing Bank |
| Notification release date | 28th September 2023 |
| Number of Vacancies | 43 |
| Post | Assistant Manager |
| Window of Registration | 28th September 2023 to 18th October 2023 |
| Scheme of Exam | Phase 1: Online Exam Phase 2: Interview |
| Official Website | https://nhb.org.in/ |
National Housing Bank Recruitment 2023 – Important Dates
The registration for the NHB recruitment began on 28 September 2023. Candidates who want to take part in the recruitment should know the schedule of the recruitment. This will make sure you don’t miss out on any important updates. The following table provides, at a glance, all the important events in the duration of this recruitment.
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| Event | Date |
|---|---|
| Notification release | 28th September 2023 |
| Registration start | 28th September 2023 |
| Registration close | 18th October 2023 |
| Editing of Application | 18th October 2023 |
| Printing of Application | 18th October 2023 |
| Online Fee Payment | 18th October 2023 |
| Call Letter download for Phase 1 (Online Exam) | TBA |
| Phase 1 (Online Exam) | TBA |
| Declaration of Result for Online Exam | TBA |
| Call Letter download for Phase 2 (Interview) | TBA |
| Phase 2 (Interview) | TBA |
| Declaration of Result for Phase 2 (Interview) | TBA |
National Housing Bank Recruitment 2023 – PDF Download
Candidates should make sure to read through the notification of the recruitment thoroughly. All the details about the NHB recruitment is provided in the notification. The link to download the NHB Notification 2023 is given below.
National Housing Bank Recruitment 2023 – Apply Online
The application form for the NHB Recruitment is currently live on the official website of NHB. Candidates can begin submitting their applications for the recruitment process. The last date to complete the process is 18 October 2023. Candidates are advised to complete their registration before the last date. The link to apply for NHB Assistant Manager 2023 is given below.
National Housing Bank Recruitment 2023 – Vacancies
There are a total of 43 vacancies for the NHB Recruitment of assistant managers in 2023. Candidates can find a more detailed breakdown of these vacancies below.
| A. | FRESH RECRUITMENT | |||||
| Regular Posts | ||||||
| SC | ST | OBC-NCL^ | EWS | UR | Total | |
| General Manager (Scale – VII) | ||||||
| 1. Project Finance | – | – | – | – | 1 | 1 |
| Deputy General Manager (Scale – VI) | ||||||
| 1. Chief Financial Officer | – | – | – | – | 1 | 1 |
| Assistant General Manager (Scale V) | ||||||
| Economist | 1 | – | – | – | – | 1 |
| Dy. Manager (Scale – II) including one backlog vacancy under SC category | ||||||
| 1. Economist | – | – | 1 | – | – | 1 |
| 2. MIS | 1 | – | 2 | – | – | 3 |
| Assistant Manager (Scale-I) | ||||||
| 1. Generalist | 2 | 1 | 3 | 1 | 9 | 16 |
| 2. Hindi | – | – | 1 | – | 0 | 1 |
| Contractual Post | ||||||
| 1. Chief Economist | – | – | – | – | 1 | 1 |
| 2. Senior Application Developer | – | – | – | – | 1 | 1 |
| 3. Application Developer | – | – | – | – | 2 | 2 |
| 4. Senior Project Finance Officer* | 2 | 1 | 4 | – | – | 7 |
| 5. Project Finance Officer* | 1 | 1 | 4 | 2 | – | 8 |
| *Remaining positions as against earlier advertisement no. NHB/HR&Admin./Recruitment/2022-23/2 | ||||||
| Grand Total | 7 | 3 | 15 | 3 | 15 | 43 |
National Housing Bank Recruitment 2023 – Eligibility Criteria
Candidates applying for the NHB Recruitment should know the eligibility criteria before they do so. The official notification for NHB recruitment states the eligibility criteria. The detailed criteria is given below.
Nationality
A candidate must be either –
- a citizen of India or
- a subject of Nepal or a subject of Bhutan or a Tibetan refugee (who came over to India before 1st January, 1962) with the intention of permanently settling in India or
- a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, Provided that a candidate belonging to categories (ii) and (iii) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.
Age Limit
The age limit for NHB Assistant Manager aspirants is as follows-
| Post | Age (Minimum ) | Age (Maximum) |
|---|---|---|
| Chief Economist (on Contract) | – | 62 Years |
| General Manager (Scale – VII) | 40 Years | 55 Years |
| Deputy General Manager (Scale – VI) | 40 Years | 55 Years |
| Assistant General Manager (Scale-V) | 32 Years | 50 Years |
| Dy. Manager (Scale – II) | 23 Years | 32 Years |
| Senior Application Developer | 25 Years | 35 Years |
| Application Developer | 23 Years | 32 Years |
| Assistant Manager (Scale-I) | 21 Years | 30 Years |
| Senior Project Finance Officer | 40 Years | 59 Years |
| Project Finance Officer | 35 Years | 59 Years |
Educational Qualifications
The educational qualifications for the various posts under NHB Recruitment are given in the table below.
| Post | Minimum Educational/Professional Qualification | Minimum Post-qualification Experience (as on 01.09.2023) |
|---|---|---|
| Chief Economist (On Contract) | A Master’s Degree in Economics with specialization in monetary economics or Econometrics from a recognized Indian/ Foreign University. Desirable: Doctorate degree in Economics / Banking / Finance from a recognized University will be preferable. | The candidate must have an 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 shall be given to candidates with work experience as Economist in Commercial Banks / Fis/ Rating Agencies/ Government Bodies. Contribution to leading financial journals/ Newspapers will be added advantage |
| General Manager (Project Finance) | Graduate in any discipline with Chartered Accountant | 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 |
| Deputy General Manager (CFO) | Chartered Accountant Desirable educational qualifications: PRM/ FRM Certification and/ or CFA. | Minimum 12 years’ post qualification experience of which five years’ of work experience in overseeing financial operations i.e accounting, taxation, budgeting matters, in PSBs/ AIFIs / Regulatory Bodies in India, and the current post held by the candidate should be at Scale – V in PSBs / Grade D in AIFIs/Regulatory Bodies. |
| Assistant General Manager (Economist) | Post Graduate degree in Economics. Desirable: M.Phil., Ph.D | 10 years’ experience in Banks/Financial Institutions /Government Institutions / other public sector institutions of which 8 years in the areas related to economic research or strategic planning and the current post held by the candidate should be at Scale IV in PSBs / Grade B in AIFIs/equivalent in lending entities. |
| Deputy Manager (Economist) | Post Graduate degree in Economics. Desirable: M.Phil., Ph.D | 2 years’ experience in Banks/Financial Institutions /Government Institutions / other public sector institutions in the areas related to economic research or strategic planning. Relevant experience in Banks/ Financial Institutions will be preferred. The current post held by the candidate should be at Scale I in PSBs / Grade A in AIFIs/equivalent in lending entities. |
| Deputy Manager (MIS) | Post Graduate degree in Statistics OR Post Graduate degree/ diploma in Operation Research. Desirable: M.Phil., Ph.D | 2 years’ experience in Banks / Financial Institutions / Government Institutions / other public sector institutions in the areas related to MIS / Data Analytics / forecasting. The current post held by the candidate should be at Scale I in PSBs / Grade A in AIFIs/ equivalent in lending entities. |
| Senior Project Finance Officer (on contract) | Officers with minimum working experience of 15 years in SCBs/ Financial Institutions of which minimum 10 years of experience in handling Credit/ Project Finance. | Appraisal and handling of credit/project proposals and monitoring. Experience in Project Evaluation, Financial Modelling & Project Assessment. |
| Project Finance Officer (on contract) | Officers with minimum working experience of 10 years in SCBs/ Financial Institutions of which minimum 5 years of experience in handling Credit/ Project Finance. | Appraisal and handling of credit/project proposals and monitoring. Experience in Project Evaluation, Financial Modelling & Project Assessment. |
| Senior Application Developer (on contract) | B.E. (CS/IT)/B.Tech. (CS/IT)/MCA/MTech (CS/IT)/B.Sc. (CS/ IT)/M.Sc. (CS/IT) | Greater than or equal to 48 months (Relevant experience as per the Job Profile mentioned in this recruitment shall be considered) |
| Application Developer (on contract) | B.E. (CS/IT)/B.Tech. (CS/IT)/MCA/Mtech (CS/IT)/B.Sc. (CS/ IT)/M.Sc. (CS/IT) | Greater than 24 months to less than <48 months (Relevant experience as per the Job Profile mentioned in this recruitment shall be considered) |
Assistant Manager
The educational/professional qualifications for the post of Assistant Manager are as follows –
| Academic qualification | Post Qualification Experience | Broad skill sets required |
|---|---|---|
| Generalist A full time bachelor’s degree in any discipline with minimum of 60% marks (55% in case of SC/ST/PwBD) or a full time Master’s Degree in any discipline with aggregate minimum of 55% marks (50% in case of SC/ST/PwBD) from a recognized University or any equivalent qualification recognized as such by the Central Government. Candidates possessing qualification of Chartered Accountant/CMA/Company Secretary may also apply. The candidate must possess valid Mark-sheet / Degree Certificate/ Professional qualification certificate that he/ she is a graduate/post-graduate/ Chartered Accountant/CMA/ Company Secretary (wherever applicable) as on 01.09.2023 and indicate the percentage of marks obtained in Graduation/ Post-graduation/professional qualifications while registering online. | While no prior experience is required, any relevant experience would be given weightage. | Communication skills written and oral, analytical ability and general understanding of economic scenario. |
| Hindi Bachelor’s Degree in HINDI from a recognized University with aggregate minimum of 60% marks Or Master’s Degree in Hindi with aggregate minimum of 50% with ENGLISH as one of the main subject at degree level. | While no prior experience is required, preference will be given to candidates, having experience preferably in Government Department/ Public Sector Undertakings/ Banks/ Academic Professional Institutions in translation from English to Hindi and vice versa. Knowledge of shorthand/typing in (HINDI) and knowledge of rules and procedures of Government as regards official languages. | Facilitate usage of Hindi at all levels. Hindi typing / translation knowledge, Preparation of reference material/ circulars/ letters/ publicity materials etc. for effective communication. Organize Hindi workshop/ training. Assist Bank in compliance with provisions of O.L. Act, Government guidelines etc. |
National Housing Bank Recruitment 2023 – Application Process
The process of application for NHB is detailed in this section.
Application Fees
The NHB recruitment application fees is as given below-
| Sr. No. | Category | Amount* |
|---|---|---|
| 1 | SC/ST/PwBD | Rs. 175/- (Intimation Charges only) |
| 2 | Other than SC/ST/PwBD | Rs. 850/- (Application Fee including Intimation Charges) |
How to Apply for National Housing Bank Recruitment 2023
Candidates can follow the instructions given below to register for the NHB Recruitment process-
- Candidates to go to the National Housing Bank website www.nhb.org.in click on the section “opportunities@NHB” > “CURRENT VACANCIES” > “Recruitment of Officers in Various Posts – 2023” > “Click here to Apply Online” which will open a new screen.
- To register application, choose the tab “Click here for New Registration” and enter Name, Contact details and Email-id. 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. They can reopen the saved data using Provisional registration number and password and edit the particulars if needed.
- Candidates are required to upload their –
- Photograph
- Signature
- Left thumb impression
- A handwritten declaration as per the specifications given in Point 11 (C) to this Advertisement.
- In case the candidate is unable to complete the application form in one go, he / she can save the data already entered by choosing “SAVE AND NEXT” tab. Prior to submission of the online application candidates are advised to use the “SAVE AND NEXT” facility to verify the details in the online application form and modify the same if required. Visually Impaired candidates should fill the application form carefully and verify/ get the details verified to ensure that the same are correct prior to final submission.
- Candidates are advised to carefully fill and verify the details filled in the online application themselves as no change will be possible/ entertained after clicking the COMPLETE REGISTRATION BUTTON.
- The Name of the candidate or his /her father/ Husband etc. should be spelt correctly in the application as it appears in the Certificates/ Mark sheets/Identity proof. Any change/alteration found may disqualify the candidature.
- Validate your details and save your application by clicking the ‘Validate your details’ and
- ‘Save & Next’ button.
- Candidates can proceed to upload Photo & Signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature detailed under Point 11 (C) below.
- Candidates are required to upload their documents supporting the eligibility criteria on the IBPS portal at the time of registration.
- Candidates can proceed to fill other details of the Application Form.
- Click on the Preview Tab to preview and verify the entire application form before COMPLETE REGISTRATION.
- Modify details, if required, and click on COMPLETE REGISTRATION’ ONLY’ after verifying and ensuring that the photograph, signature uploaded, and other details filled by you are correct.
- Click on ‘Payment’ Tab and proceed for payment.
- Click on ‘Submit’ button.
National Housing Bank Recruitment 2023 – Exam Pattern
The NHB recruitment is a two-phase process of selection. Candidates will be subjected to an online test, followed by an interview. The exam pattern for the same is detailed in this section.
NHB Exam Pattern
The exam pattern for the online test of the NHB Recruitment is as follows-
For JMGS-1, Assistant Manager (Generalist)
| Sr. No | Name of Tests (NOT BY SEQUENCE) | No. of Questions | Maximum Marks | Medium of Exam | Time allotted for each test (Separately timed) | Type of test |
|---|---|---|---|---|---|---|
| 1 | Reasoning and Computer Aptitude | 45 | 60 | English & Hindi | 60 minutes | Objective |
| 2 | General Awareness (with special focus on Economy & Banking) and Computer Knowledge. | 50 | 50 | English & Hindi | 40 minutes | Objective |
| 3 | English Language | 25 | 30 | English | 35 minutes | Objective |
| 4 | Quantitative Aptitude (with special emphasis on Data analysis and interpretation) | 35 | 60 | English & Hindi | 45 minutes | Objective |
| Total | 155 | 200 | 03 hours | |||
| English Language* (Letter Writing and Essay) | 2 | 25 | English | 30 minutes | Descriptive |
For JMGS-1, Assistant Manager (Hindi)
| Sr. No | Name of Tests (NOT BY SEQUENCE) | No. of Questions | Maximum Marks | Medium of Exam | Time allotted for each test (Separately timed) | Type of test |
|---|---|---|---|---|---|---|
| 1 | Reasoning and Computer Aptitude | 45 | 45 | English & Hindi | 45 minutes | Objective |
| 2 | General Awareness (with special focus on Economy & Banking) and Computer Knowledge. | 50 | 50 | English & Hindi | 45 minutes | |
| 3 | English Language | 25 | 30 | English | 30 minutes | |
| 4 | Professional Knowledge | 50 | 75 | Hindi | 60 minutes | |
| Total | 170 | 200 | 03 hours | |||
| Hindi Language* (Letter Writing and Essay) | 2 | 25 | English & Hindi | 30 minutes | Descriptive |
National Housing Bank Recruitment 2023 – Salary and Job Profile
Candidates can find a detailed description of the salary and allowances for NHB employees in the official notification. A brief overview is given below.
| Post | Scale | Scale of Pay |
| Regular Posts* | ||
| General Manager | Scale – VII | 116120 – 3220/4 – 129000 |
| Deputy General Manager | Scale – VI | 104240 – 2970/4 – 116120 |
| 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 | Period of Contract | |
| 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 Application Developer | Rs. 1.25 lacs 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). |
| Application Developer | 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). |
| 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. |
NHB Recruitment 2023 – Frequently Asked Questions
Q1. When was the notification for NHB Recruitment 2023 released?
A1. NHB released the notification for recruitment on 28th September 2023.
Q2. How many vacancies for NHB Recruitment 2023?
A2. NHB has released 43 vacancies.
Q3. What is the full form of NHB?
A3. NHB stands for National Housing Bank.
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