The National Housing Bank (NHB) has released a notification for 48 various vacancies on both regular and contract basis. The available positions include General Manager (Project Finance), Assistant General Manager (Credit), Deputy Manager (Credit), Assistant Manager (Generalist), Chief Economist, Protocol Officer, Application Developer, Senior Project Finance Officer, and Project Finance Officer. Applications can be submitted online from June 29, 2024, to July 19, 2024. This guide provides comprehensive details about the NHB Recruitment 2024, including the selection process, age limits, educational requirements, fees, exam dates, and more.
Table of Contents:-
Overview of NHB Recruitment 2024
Overview |
|
|---|---|
| Organization | National Housing Bank (NHB) |
| Exam Name | National Housing Bank Recruitment for Various Posts 2024 |
| Post Name | General Manager (Project Finance), Assistant General Manager (Credit), Deputy Manager (Credit), Assistant Manager (Generalist), Chief Economist, Protocol Officer, Application Developer, Senior Project Finance Officer, and Project Finance Officer |
| Regular Posts Period | Permanent |
| Contract Posts Period | 3 years (5 years extendable) |
| Vacancies | 48 |
| Qualification | Click Here |
| Category | Bank Job |
| Job Location | Anywhere in India |
| Application Mode | Online |
| Notification Date | 28-06-2024 |
| Apply Online Start Date | 29-06-2024 |
| Apply Online Last Date | 19-07-2024 |
| Selection Process | Online Exam, Interview |
| Mode of Exam | Online |
| Questions Type | Objective (MCQs) |
| Exam Language | English, Hindi |
| Apply Link | Click Here |
| Notification | Click Here |
| Official Website | Click Here |
Vacancy Details
The National Housing Bank recruitment offers 48 available positions. Detailed information on these vacancies is provided below.
| Post Name | Posts |
|---|---|
| Regular Posts | |
| General Manager (Project Finance) | 1 |
| Assistant General Manager (Credit) | 1 |
| Deputy Manager (Credit) | 3 |
| Assistant Manager (Generalist) | 18 |
| Contractual Posts | |
| Chief Economist (on contract/ deputation) | 1 |
| Senior Project Finance Officer | 10 |
| Project Finance Officer | 12 |
| Protocol Officer (Delhi) | 1 |
| Application Developer | 1 |
| Total | 48 |
Educational Qualification
Minimum Educational/ Professional Qualification and Post-qualification Experience (as on 01.07.2024) for advertised posts:
JMGS-I (Assistant Manager):
Age Limit
According to this notification, the age requirements for the position of Clerk, as of 01-07-2024, are outlined below:
| Post Name | Min | Max |
|---|---|---|
| Chief Economist (on Contract/ Deputation) | – | 62 |
| General Manager (Scale – VII) | 40 | 55 |
| Assistant General Manager (Scale-V) | 32 | 50 |
| Dy. Manager (Scale – II) | 23 | 32 |
| Assistant Manager (Scale-I) | 21 | 30 |
| Senior Project Finance Officer (on Contract) | 40 | 59 |
| Project Finance Officer (on Contract) | 35 | 59 |
| Protocol Officer (on Contract) | 50 | 62 |
| Application Developer (on Contract) | 23 | 32 |
Application Fee for NHB Recruitment 2024
The table below shows the application fees for each category.
| Category | Application Fee |
|---|---|
| SC/ ST/ PwBD Candidates | Rs.175 + GST |
| All Others | Rs.850 + GST |
Exam Pattern
Among all the posts in NHB Recruitment 2024, only the JMGS-I (Assistant Manager) position will have an exam. The online examination will consist of both Objective and Descriptive Tests. The Objective Test, worth 200 marks, will have a duration of 3 hours and will consist of 4 sections. Each section of the objective test will have separate timing. The exam will be conducted in both English and Hindi. The details of the online test structure are as follows:
JMGS-I (Assistant Manager):
Note:-
- Descriptive Test: Candidates will have to answer the Descriptive Test by typing on the computer. The Descriptive Test will commence immediately after the completion of the Objective Test. The Descriptive Test is of qualifying nature, and candidates must secure a minimum score to pass. Evaluation of the Descriptive Test paper is subject to the candidate attaining minimum marks in the Objective Test.
- Penalty for Wrong Answers: Each question in the Objective Tests will have five choices, with one correct answer. For every wrong answer, one fourth of the marks assigned to that question will be deducted. There is no penalty for questions left blank.
Selection Process
(A). Selection Process for JMGS-I (Assistant Manager):
The selection process for JMGS-I (Assistant Manager) includes an online examination and an interview.
Phase I: Online Examination
- Consists of both Objective and Descriptive Tests.
- Objective Test:
- 200 marks
- 3 hours duration
- 4 sections with separate timing for each
- Minimum score required in each section and overall to qualify for the interview
- Descriptive Test:
- Qualifying nature (marks not counted for shortlisting)
- Minimum score required
- Evaluation subject to attaining minimum marks in Objective Test
- Candidates shortlisted for interview based on cut-offs decided by vacancies
- Scores of online examination and interview not shared before completion of selection process
- For detailed information on the exam pattern, click here.
Phase II: Interview
- Merit list prepared based on aggregate marks from Objective Test
- Minimum aggregate cut-off marks decided by the Bank
- Roll numbers of shortlisted candidates published on NHB website
- Interviews at NHB head office in New Delhi
- Interview details provided in the e-Call Letter
- Interview can be in Hindi or English
- Total interview marks: 50
- Minimum qualifying marks in interview decided by the Bank
- Weightage: Online Examination (80%) and Interview (20%)
- Final selection based on combined merit of online examination and interview
(B). Selection Process for Chief Economist (On Deputation)
- Tenure:
- Initial period of 3 years, subject to annual performance review
- Extendable for 2 years based on performance
- Pay Scale:
- Option to draw salary, perquisites, and benefits of parent organization plus deputation allowance or pay applicable to TEG Scale – VII (GM) in NHB
- Age Limit:
- Maximum age: 55 years
- Minimum residual service of 5 years as of the last date of application
- Eligibility:
- Willing to serve anywhere in India
- Application forwarded with attested copies of ACRs/APARs for the last 5 years, NOC, and Vigilance Clearance Certificate through proper channel
- Application form enclosed as Annexure-I
- Application Submission:
- Send via Speed Post/Registered Dak to NHB’s office by July 19, 2024
- Envelope inscription: “For the post of Chief Economist on Deputation”
- Address: The DGM (HRMD), National Housing Bank, Core 5-A, 5th Floor, India Habitat Centre, Lodhi Road, New Delhi – 110003
- Additional Notes:
- Selected candidate can be sent back to the parent department before the completion of the deputation period
- No lien or claim on Bank’s regular establishment for such officers
(C). Selection Process for Various Positions:
General Manager (Scale VII), Chief Economist (On Contract), Assistant General Manager (Scale V), Dy. Managers (Scale II), Senior Project Finance Officer (On Contract), Application Developer (On Contract), Protocol Officer (On Contract), and Project Finance Officer (On Contract)
- Selection Criteria: Based on shortlisting and Interview.
- Preliminary Screening: Applications will undergo preliminary screening by the Screening Committee if the number of eligible applicants is high. Shortlisted candidates will be called for the Interview.
- For Deputy Managers (Scale II): In case of a large number of applications, an online examination may be conducted as a qualifying test. Candidates clearing the cut-off will proceed to the interview. Examination details will be notified separately.
- Selection Basis: Evaluated on educational qualifications, professional experience, and performance in the Interview.
- Minimum Marks: Candidates must secure minimum marks in the Interview and overall to be considered for final rank lists.
- Merit List: Prepared in descending order based on Interview scores. In case of tie (common marks), candidates will be ranked by age.
- Note: Meeting minimum educational and professional qualifications does not guarantee an Interview call. The Bank reserves the right to decide shortlisting criteria and the number of candidates called for Interview.
Salary Information
Regular Posts:
| Post | Scale | Scale of Pay |
|---|---|---|
| General Manager | Scale – VII | 116120 – 3220/4 – 129000 |
| 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 |
