NHB Recruitment 2024 Apply Online: Assistant Manager/Application Developer

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NHB Recruitment 2024: National Housing Bank announced notification for the posts of Chief Economist/General Manager/Assistant General Manager/Dy. Manager/Assistant Manager/Senior Project Finance Officer/Project Finance Officer/Protocol Officer/Application Developer. There are 48 NHB vacancy 2024 available for the posts. Candidates with the qualification of Any degree/B.E/B.Tech/M.E/M.Tech/M.Sc/M.A/MCA/MBA/ICWAI/ICAI/CFA are eligible to apply for the job. Interested and eligible candidates can apply online. The detailed eligibility and selection process for NHB Jobs are explained below.

The Bank of Baroda has announced notification for the Managers/Credit Analyst/Other posts. If interested can apply here -> Bank of Baroda Recruitment.

nhb-recruitment

NHB Vacancy 2024:

The National Housing Bank (NHB) invites applications from eligible candidates for appointment to various posts viz. General Manager Scale – VII (Project Finance), Assistant General Manager Scale-V (Credit), Deputy Manager Scale – II (Credit), Assistant Manager Scale-I, Chief Economist (On Contract/Deputation basis), Protocol Officer Delhi (on contract), Application Developer (On contract), Senior Project Finance Officer (on contract) and Project Finance Officer (on contract).  If you want to know more details regarding the job, like salary, age, mode of application, examination, selection, application fee, important dates, and job location, you can find them below. You can check the official notification below if you still have any doubts. The selection process will be based on Interviews. The postings for this role will be across India. Candidates with requisite qualifications from recognized universities/boards/institutions must only apply. The online application will be accepted till 19 July 2024. For more details about NHB Careers, visit www.nhb.org.in.

NHB Recruitment 2024 Details:

Job Role Chief Economist/General Manager/Assistant General Manager/Dy. Manager/Assistant Manager/Senior Project Finance Officer/Project Finance Officer/Protocol Officer/Application Developer
Job Category Bank Job Vacancy 2024
Qualification Any degree/B.E/B.Tech/M.E/M.Tech/M.Sc/M.A/MCA/MBA/ICWAI/ICAI/CFA
Experience Experienced
No.of.Vacancy 48 Posts
Salary Rs 36,000 – 1,29,000/- Per Month
Job Location Across India
Last Date 19 July 2024

Detailed Eligibility of NHB Opportunities:

Educational Qualification:

Chief Economist (on Contract/Deputation): 

  • 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.
  • Experience:  
    • 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 ICWAI/ICAI/CFA/MBA (Finance) or equivalent
  • Experience: 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) : 

  • Graduate in any discipline along with ICWAI/ICAI/CFA/MBA (Finance) or equivalent/FRM from GARP/PRM from PRMIA
  • Experience: 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.
  • The current post held by the candidate should be at Scale – IV in PSBs / Grade C in AIFIs/equivalent in lending entities.

Dy. Manager (Credit):

  • Graduate in any discipline along with ICWAI/ICAI/CFA/MBA (Finance) or equivalent/FRM from GARP/PRM from PRMIA
  • Experience: Minimum 2 years of experience as an officer in the Banks/ FIs/ Regulatory bodies/regulated lending entities either in Corporate Credit or Project Finance.
  • The current post held by the candidate should be at Scale – 1 in PSBs / Grade A in AIFIs or equivalent.

Senior Project Finance Officer (On Contract):

  • Graduate in any discipline CA/ICWA/MBA (Finance) or equivalent will be preferred
  • Experience: 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 should not be less than that of SMG Scale-V of IBA scale

Project Finance Officer (on Contract):

  • Graduate in any discipline CA/ICWA/MBA (Finance) or equivalent will be preferred.
  • Experience: Officers with minimum working experience of 10 years in  SCBs/Financial Institutions of which minimum 5 years of experience in handling Credit/ Project Finance.
  • The last post held by the candidate in SCBs/FIs should be at MMG Scale III & above in PSBs or equivalent to Grade B & above in Financial Institutions or equivalent. The last drawn gross salary should not be less than that of MMG Scale-III of IBA scale

Protocol Officer (on Contract): 

  • Graduate in any discipline from a recognized university/institution
  • Experience: 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

Application Developer (on Contract):

  • B.E.(CS/IT)/B.Tech. (CS/IT)/MCA/M. Tech (CS/IT)/B.Sc. (CS/IT)/ M.Sc. (CS/IT)
  • Experience: 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:

  • 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/postgraduate/Chartered Accountant/CMA/ Company Secretary (wherever applicable) as on 01.07.2024 and indicate the percentage of marks obtained in Graduation/Post graduation/professional qualifications while registering online.
  • Experience: While no prior experience is required, any relevant experience would be given weightage

Age Limit ( As on 01 July 2024 ):

  • Chief Economist (on Contract/Deputation): 62 Years
  • General Manager (Scale – VII): 40 Years – 55 Years
  • Assistant General Manager (Scale-V): 32 Years – 50 Years
  • Dy. Manager (Scale – II): 23 Years  – 32 Years
  • Assistant Manager (Scale-I): 21 Years –  30 Years
  • Senior Project Finance Officer (on Contract): 40 Years – 59 Years
  • Project Finance Officer (on Contract): 35 Years – 59 Years
  • Protocol Officer (on Contract): 50 Years – 62 years
  • Application Developer (on Contract): 23 Years – 32 Years

Age Relaxation of NHB Recruitment:

  • Scheduled Caste and Scheduled Tribe 5 years
  • Other Backward Classes (Non-Creamy Layer) 3 years
  • Persons with Benchmark Disabilities (PwBD) as defined under
  • The Rights of Persons with Disabilities Act, 2016”.
    • PwBD (UR) – 10 Years
    • PwBD (SC/ST) – 15 Years
    • PwBD (OBC) – 13 Years
  • Ex-servicemen (including ECOs/SSCOs) provided applicants have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 6 months) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or/on account of physical disability or have been released on account of physical disability attributable to military service or on invalidment.
  • ECOs/SSCOs who have completed their initial period of assignment of five years of Military Service but whose assignment has been extended beyond five years and in whose case the Ministry of Defense issues certificate that in case of selection they would be released within three months from the date of receipt of offer of appointment. – 5 years

Salary:

  • General Manager (Scale – VII): Rs. 116120 – 129000/-
  • Assistant General Manager (Scale-V): Rs. 89890 – 100350/-
  • Dy. Manager (Scale – II): Rs. 48170 – 69810/-
  • Assistant Manager (Scale-I): Rs. 36000 – 63840/-

NHB Vacancy 2024: 48 Posts

  • Chief Economist (on Contract/Deputation): 01 Post
  • General Manager (Scale – VII): 01 Post
  • Assistant General Manager (Scale-V): 01 Post
  • Dy. Manager (Scale – II): 03 Posts
  • Assistant Manager (Scale-I):  18 Posts
  • Senior Project Finance Officer (on Contract):  10 Post
  • Project Finance Officer (on Contract): 12 Posts
  • Protocol Officer (on Contract):  01 Post
  • Application Developer (on Contract): 01 Post

Selection Process of NHB Careers:

For JMGS-I (Assistant Manager):

Phase I: Online Examination:

  • Online examination will consist of both Objective and Descriptive Tests. Objective Tests for 200 marks will be of 3 hours duration consisting of 4 sections.
  • The objective test will have separate timing for each section.
  • The details of online test structure will be as follows
Name of Tests
(NOT BY SEQUENCE) 
No. of
Questions 
Maximum
Marks 
Medium of
Exam 
Time allotted
for each test
(Separately
timed)
Type of test 
Reasoning and
Computer Aptitude
45 60 English &
Hindi
60 minutes Objective
General Awareness
(with special focus on
Economy & Banking) and
Computer Knowledge.
50 50 English &
Hindi
40 minutes
English Language 25 30 English 35 minutes
Quantitative Aptitude
(with special emphasis
on Data analysis and
interpretation)
35 60 English &
Hindi
45 minutes
Total 155 200 03 hours
English Language*
(Letter Writing and
Essay)
02 25 English &
Hindi
30 minutes Descriptive

Penalty for Wrong Answers: 



  • For every wrong answer marked, one fourth of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate, there will be no penalty for that question.

Phase II – Interview:

  • A category wise merit list will be prepared on the basis of the aggregate marks scored in the Objective Test. The minimum aggregate cut off marks for being shortlisted for Interview will be decided by the Bank in relation to the number of vacancies.
  • Roll No. of the candidates shortlisted for interview will be published on NHB website. Interviews will be conducted at NHB head office in New Delhi ONLY

For Other Posts:



  • The selection will be based on shortlisting and Interview. In case the number of candidates who apply and fulfil the eligibility criteria are more, a preliminary screening of the applications by the Screening Committee, will be carried out for short-listing eligible candidates to be called for the Interview.
  • For the post of DM, if, in case, Bank receives higher number of applications, Bank will conduct online-examination of the candidates as qualifying test and candidates clearing the cut-off shall be called for interview. The examination pattern and testing methodology shall be notified separately.

Application Fees:

  • SC/ST/PwBD: Rs. 175/- (Intimation Charges only)
  • Other than SC/ST/PwBD: Rs. 850/- (Application Fee including Intimation Charges)

Payment Mode:

  • The payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.

How to apply for NHB Recruitment 2024?

Interested and eligible candidates can apply for the NHB Recruitment Notification 2024 online on their official website latest by 19 July 2024.

For more details: Click here

To Apply: Click here

Important Dates of MHB Opportunities:

  • Cut-off date for eligibility criteria: 01 July 2024
  • Website link open for Online registration of Applications and payment of fees/ intimation charges: 29 June 2024
  • Last date for online registration of Applications and payment of fees/intimation charges: 19 July 2024
  • Download of e-Call Letter/Conduct of Interview /Declaration of Final Result: The intimation shall be uploaded on NHB’s website

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Reviewed by Prasanth S