{"id":33251,"date":"2019-03-25T15:41:05","date_gmt":"2019-03-25T10:11:05","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=33251"},"modified":"2020-09-11T17:26:40","modified_gmt":"2020-09-11T11:56:40","slug":"nhb-assistant-manager-salary","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/nhb-assistant-manager-salary\/","title":{"rendered":"NHB Assistant Manager &#8211; Salary and Other Benefits"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/nhb-assistant-manager-salary\/#1_NHB_Assistant_Manager_Salary_%E2%80%93_Other_Benefits_and_Allowances\" >1. NHB Assistant Manager Salary \u2013 Other Benefits and Allowances<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/nhb-assistant-manager-salary\/#2_Probation_Period_Transfer\" >2. Probation Period &amp; Transfer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/nhb-assistant-manager-salary\/#3_NHB_Assistant_Manager_Career_Growth\" >3. NHB Assistant Manager Career Growth\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<p>National Housing Bank (NHB) has released a recruitment notification for the post of Assistant Manager <a href=\"https:\/\/nhb.org.in\/\">@nhb.org.in.<\/a> The posts for which NHB Recruitment notification is released is Assistant Managers in Junior Management Grade (Scale I). The candidates who fulfill the required eligibility criteria can apply for <a href=\"https:\/\/www.oliveboard.in\/nhb-assistant-manager\/?ref=Content-SVS\">National Housing Bank Assistant Manager<\/a> Recruitment till 18th September 2020. It is advised that the candidates apply online well in advance before the closing date to avoid last-minute rush. The NHB Online Exam 2020 will be conducted in the month of October\/November 2020 and the admit cards for the same will be uploaded within 10 days prior to the exam. Let us take a good look into NHB Assistant Manager salary and other related details.<\/p>\n<table class=\"tg\">\n<thead>\n<tr>\n<th class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">Application Mode<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/th>\n<th class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">Online<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">Vacancy<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/td>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">16<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">Starting Date To\u00a0\u00a0\u00a0Apply<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/td>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">29th August 2020<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">Last Date To\u00a0\u00a0\u00a0Apply<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/td>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">18th September\u00a0\u00a0\u00a02020<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">Last Date To Pay\u00a0\u00a0\u00a0Fee<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/td>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">18th September\u00a0\u00a0\u00a02020<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<span style=\"color: black;\">Official Website<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/td>\n<td class=\"tg-v2cq\"><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><br \/>\n<a href=\"https:\/\/nhb.org.in\/\"><span style=\"color: black;\">nhb.org.in<\/span><span style=\"background-color: transparent;\">\u00a0\u00a0\u00a0<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>National Housing Bank, a Government of India owned entity, was set up on 9 July 1988 under the National Housing Bank Act, 1987. NHB is an apex financial institution for housing.<\/p>\n<p>Knowing the details about NHB Assistant manager salary, NHB Scale I job profile and NHB Scale I career growth, will help create interest and better motivation behind preparation of the exam. So, we at <strong>Oliveboard<\/strong> are providing all the details about the National housing finance (NHB) Assistant Manager salary.<\/p>\n<p>Below sections contain the complete details of <strong>NHB Assistant Manager Salary &amp; Other Benefits.<\/strong><\/p>\n<ul>\n<li>Starting Basic pay is Rs. 23,700\/- p.m. in the scale of Rs. 23,700-980\/7-30,560-1,145\/2-32,850-1,310\/7-42,020 applicable to Junior Management Grade Scale-I.<\/li>\n<li><strong>The present pay scale is under revision<\/strong>.<\/li>\n<li>Selected candidates will also be eligible for\u00a0\u00a0 Dearness\u00a0Allowance\u00a0(DA),\u00a0\u00a0Special\u00a0\u00a0 Pay,\u00a0\u00a0 Special\u00a0\u00a0 DA,\u00a0\u00a0 House Rent Allowance and City Compensatory Allowance as per rules in force from time to time.<\/li>\n<li>Current total emoluments are\u00a0<strong>Rs. 48,330\/- p.m. (approx.)<\/strong>.<\/li>\n<li>Selected candidates will be entitled to additional increments for passing JAIIB\/CAIIB exams.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.oliveboard.in\/nhb-assistant-manager\/?ref=Content-SVS\">Attempt a FREE NHB Asst. Manager mock test here.<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"1_NHB_Assistant_Manager_Salary_%E2%80%93_Other_Benefits_and_Allowances\"><\/span><strong>1. NHB Assistant Manager Salary \u2013 Other Benefits and Allowances<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Apart from the salary the Assistant Managers are also entitled to other allowances and benefits like:<\/p>\n<ol>\n<li><strong>Dearness Allowance<\/strong><\/li>\n<li><strong>Housing Rent Allowance<\/strong><\/li>\n<li><strong>City Compensatory Allowance<\/strong><\/li>\n<li><strong>Provident Fund<\/strong><\/li>\n<li><strong>Pension<\/strong><\/li>\n<li><strong>Recovery of Housing Rent<\/strong><\/li>\n<li><strong>Fixed Personal Pay<\/strong><\/li>\n<li><strong>Professional Qualification Pay<\/strong><\/li>\n<li><strong>Other Allowances (Deputation Allowance, Halting Allowance, Compensation on Transfer, Mode of Travel and Expenses on Travel, Leave Travel Concession etc).<\/strong><\/li>\n<\/ol>\n<ul>\n<li>Besides emoluments as per the pay scale given above, the Post will carry other facilities like Bank\u2019s accommodation (at the discretion of the Bank subject to availability of accommodation as determined by the Bank from time to time),<\/li>\n<li>Reimbursement of expenses for medical\/hospitalization,<\/li>\n<li>Telephone\/mobile charges, newspapers, magazine, book grant, residential furnishing, maintenance of vehicle for official purpose etc. as per eligibility.<\/li>\n<li>Other benefits such as housing loan, vehicle loan, festival advance, LTC, gratuity, leave encashment, coverage under National Pension System governed by PFRDA etc. shall be as per rules.<\/li>\n<\/ul>\n<p><strong><a href=\"https:\/\/www.oliveboard.in\/nhb-assistant-manager\/?ref=Content-SVS&amp;next=https:\/\/practice.oliveboard.in\/banking2\/sectionaltests.php\">Attempt FREE sectional tests to crack the NHB Asst. Manager exam!<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"2_Probation_Period_Transfer\"><\/span><strong>2. Probation Period &amp; Transfer<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>A candidate appointed as Assistant Manager will be on probation for a period of 2 years which is extendable at the discretion of the Bank.<\/li>\n<li>The selected candidate is liable to be posted in any department and transferred to anywhere in India.<\/li>\n<\/ul>\n<p>Job prospects at the National Housing Bank is good. If you join as Assistant Manager at a young age, you can reach till General Manager post. This depends on your age and your performance. Also, in NHB you will have a chance to get promoted every 4 years.<\/p>\n<p>The work life balance is good. And you will spend most of your career in Delhi. It&#8217;s a small organisation having 120\u2013125 employees in total, so people know each other by face and name.<\/p>\n<p><a href=\"https:\/\/www.oliveboard.in\/nhb-assistant-manager\/?ref=Content-SVS\">Attempt a FREE NHB Asst. Manager mock test here.<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"3_NHB_Assistant_Manager_Career_Growth\"><\/span><strong>3. <\/strong><strong>NHB Assistant Manager Career Growth\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Job prospects at the National Housing Bank is good. If you join as Assistant Manager at a young age, you can reach upto General Manager post. This depends on your age and your performance. Also, in NHB you will have a chance to get promoted every 4 years.<\/p>\n<p><strong>Career progression is:<\/strong><\/p>\n<ul>\n<li>Assistant Manager<\/li>\n<li>Deputy Manager<\/li>\n<li>Manager-Regional<\/li>\n<li>Manager-Additional General Manager<\/li>\n<li>Deputy General Manager<\/li>\n<li>General Manager<\/li>\n<li>Executive Director<\/li>\n<li>CFO- Managing Director.<\/li>\n<\/ul>\n<p><strong><a href=\"https:\/\/www.oliveboard.in\/nhb-assistant-manager\/?ref=Content-SVS\">Attempt a FREE NHB Asst. Manager mock test here.<\/a><\/strong><\/p>\n<p>So, go ahead and start your preparations today with the help of <a href=\"https:\/\/www.oliveboard.in\/bank-exams\/?ref=Content-SVS\">Oliveboard<\/a>.<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/www.oliveboard.in\/nhb-assistant-manager\/?ref=Content-SVS\" target=\"_blank\" rel=\"noopener noreferrer\">Attempt a Free Oliveboard NHB Asst. Manager Mock Test<\/a><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><a href=\"https:\/\/www.oliveboard.in\/nhb-assistant-manager\/?ref=Content-SVS\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-33065 size-full\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2019\/03\/nhb-bank.png\" alt=\"NHB Mock Test\" width=\"639\" height=\"118\" \/><\/a><\/h2>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Housing Bank (NHB) has released a recruitment notification for the post of Assistant Manager @nhb.org.in. The posts for which<\/p>\n","protected":false},"author":50,"featured_media":61810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,31,10208],"tags":[],"class_list":["post-33251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-bank-exams","category-nhb-assistant-manager","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NHB Assistant Manager Salary - National Housing Bank - Oliveboard<\/title>\n<meta name=\"description\" content=\"Get to know the NHB Assistant Manager Salary and other benefits. 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I'm a dedicated Government Job aspirant turned passionate writer &amp; content marketer. My blogs are a one-stop destination for accurate and comprehensive information on exam categories like Regulatory Bodies, Banking, SSC, State PSCs, and more. I am on a mission to provide you with all the details you need, conveniently in one place. When I am not writing and marketing, you will find me happily experimenting in the kitchen, cooking up delightful treats. Join me on this journey of knowledge and flavors!\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NHB Assistant Manager Salary - National Housing Bank - Oliveboard","description":"Get to know the NHB Assistant Manager Salary and other benefits. 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