NHB Recruitment 2024: Apply Online for 48 Vacancies at National Housing Bank
The National Housing Bank (NHB) has officially released the NHB Notification PDF for the recruitment of 48 vacancies across various managerial and officer positions. The online application process for NHB Recruitment 2024 began on 29th June 2024 and will continue until 19th July 2024. This recruitment drive aims to fill positions on both regular and contract basis for a period of three years. Below is a detailed analysis of the recruitment process, important dates, eligibility criteria, selection process, and more.
Overview of NHB Recruitment 2024
The National Housing Bank, a statutory body established under the National Housing Bank Act, regulates housing finance companies in India. NHB is inviting online applications for several key positions, including 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. These positions offer candidates an excellent opportunity to work in a prestigious government organization with attractive salaries and benefits.
Important Dates
- Notification Release Date: 28th June 2024
- Online Application Start Date: 29th June 2024
- Last Date to Apply Online: 19th July 2024
Candidates must ensure that they complete their applications within these dates to avoid missing the deadline.
Vacancies and Post-wise Details
The recruitment drive is intended to fill a total of 48 vacancies. These vacancies are distributed among various posts as follows:
Regular Positions
| Post Name | SC | ST | OBC | EWS | UR | Total |
|---|---|---|---|---|---|---|
| General Manager (Project Finance) | - | - | - | 1 | 1 | 2 |
| Assistant General Manager (Credit) | 1 | - | - | - | - | 1 |
| Deputy Manager (Credit) | 1 | - | 2 | - | - | 3 |
| Assistant Manager (Generalist) | 4 | - | 5 | 3 | 6 | 18 |
| Total | 6 | - | 7 | 3 | 7 | 23 |
Re-Advertised Contractual Positions
| Post Name | SC | ST | OBC | EWS | UR | Total |
|---|---|---|---|---|---|---|
| Chief Economist (on contract) | - | - | - | - | 1 | 1 |
| Application Developer | - | - | - | - | 1 | 1 |
| Senior Project Finance Officer | 1 | 1 | 5 | 2 | 1 | 10 |
| Project Finance Officer | 1 | 1 | 3 | 2 | 5 | 12 |
| Protocol Officer (Delhi) | - | - | - | - | 1 | 1 |
| Total | 2 | 2 | 8 | 4 | 9 | 25 |
Detailed Analysis of NHB Recruitment 2024
Eligibility Criteria
Candidates must ensure they meet the specified eligibility criteria for the post they are applying for. The eligibility criteria include educational qualifications and age limits, which vary by position.
Educational Qualifications
| Post Name | Educational Qualification |
|---|---|
| General Manager (Project Finance) | Graduation in any discipline with ICWAI/ICAI/CFA/MBA (Finance) or equivalent |
| Assistant General Manager (Credit) | Graduation in any discipline with ICWAI/ICAI/CFA/MBA (Finance) or equivalent/FRM from GARP/PRM from PRMIA |
| Deputy Manager (Credit) | Graduation in any discipline with ICWAI/ICAI/CFA/MBA (Finance) or equivalent/FRM from GARP/PRM from PRMIA |
| Chief Economist (on contract) | Master’s degree in Economics with specialization in monetary economics or econometrics; a doctorate in Economics preferred |
| Application Developer | B.E./B.Tech. in CS/IT, MCA, M.Tech. in CS/IT, B.Sc. in CS/IT, or M.Sc. in CS/IT |
| Senior Project Finance Officer | Graduation in any discipline; CA/ICWA/MBA (Finance) or equivalent preferred |
| Project Finance Officer | Graduation in any discipline; CA/ICWA/MBA (Finance) or equivalent preferred |
| Protocol Officer (Delhi) | Graduation in any discipline from a recognized university/institution |
Age Limits
The age limits for each post, as of 1st July 2024, are as follows:
| 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) | - | 62 years |
| Application Developer | 23 years | 32 years |
| Senior Project Finance Officer | 40 years | 59 years |
| Project Finance Officer | 35 years | 59 years |
| Protocol Officer (Delhi) | 50 years | 62 years |
Selection Process
The selection process for NHB Recruitment 2024 involves two stages:
- Online Examination: For some positions, candidates will have to appear for an online exam that includes both objective and descriptive tests.
- Interview: Candidates who qualify in the online examination will be called for an interview. Some positions may only require an interview based on the scrutiny of the application form.
Online Examination Pattern
The online exam consists of objective tests and a descriptive test in English.
Objective Tests:
| Test Name | No. of Questions | Total Marks | Time Duration |
|---|---|---|---|
| Reasoning and Computer Aptitude | 45 | 60 | 60 minutes |
| General Awareness (Economy & Banking) | 50 | 50 | 40 minutes |
| English Language | 25 | 30 | 35 minutes |
| Quantitative Aptitude (Data Analysis) | 35 | 60 | 45 minutes |
| Total | 155 | 200 | 180 minutes |
Descriptive Test:
| Test Name | No. of Questions | Total Marks | Time Duration |
|---|---|---|---|
| English Language (Letter Writing & Essay) | 2 | 25 | 30 minutes |
Application Fee
Candidates are required to pay an application fee to complete the registration process. The fee structure is as follows:
- SC/ST/PwBD: Rs. 175/- (Intimation Charges only)
- Other than SC/ST/PwBD: Rs. 850/- (Application Fee including Intimation Charges)
Salary Structure
Selected candidates will receive attractive salaries along with additional benefits such as medical reimbursements, housing and vehicle loans, festival advances, LTC, gratuity, leave encashment, and coverage under the National Pension System.
Salary Details (Post-wise)
| 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) | - | 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 |
Steps to Apply
To apply for NHB Recruitment 2024, follow these steps:
- Visit the official website of NHB: www.nhb.org.in.
- On the homepage, click on "Opportunities NHB" > "Current Advertisement" > "Recruitment Under Advertisement No. NHB/HRMD/Recruitment2023-24/03" > "Click here to Apply Online".
- Register by entering your name, contact details, and email. A provisional registration number and password will be generated.
- Fill in the required details, upload necessary documents, and pay the application fee.
- Submit the application and note down the registration number. Take a printout for future reference.
FAQs
Q1. Is NHB Notification PDF 2024 released? Yes, the NHB Notification 2024 PDF was released on 28th June 2024.
Q2. When did the NHB online application process start? The online application process started on 29th June 2024.
Q3. How many vacancies are announced under NHB Recruitment 2024? A total of 48 vacancies have been announced.
Conclusion
The NHB Recruitment 2024 offers a significant opportunity for candidates aspiring to build a career in the banking and finance sector. With a structured selection process, attractive salary packages, and a range of positions to apply for, candidates are encouraged to review the eligibility criteria and apply promptly to secure their desired role in the National Housing Bank.