NHB Recruitment 2023 Notification PDF:  Eligibility, Salary and Application & Selection Procedure

NHB Recruitment Notification has been released. The National Housing Board has released the notification in a recruitment drive to fill 43 vacancies for several posts including Project Finance, Chief Financial Officer, Senior Project Finance Officer, Economist, Chief Economist, Application Developer, Chief Application Developer and MIS.

NHB Recruitment 2023 Application can be submitted online at the official website @nhb.org.in. The deadline of online application submission is September 18, 2023. You can apply by directly clicking on a link or download the NHB Notification 2023 PDF.

NHB Recruitment 2023 Notification Announced

The National Housing Bank has announced the official notification for NHB Recruitment 2023 on their official website www.nhb.org.in. It is a great opportunity for banking job aspirants to work in a reputed institution like NHB. There are 43 openings for different posts. Eligible candidates can apply online for the posts and the last date of submitting application is October 18, 2023.

Selection of candidates will be done through Online Test and Personal Interviews. To get the details about notification, online link, application fee and others related to NHB Recruitment 2023, read the article till the end.

NHB Recruitment 2023: An Overview

Banking aspirants may apply online for NHB Recruitment 2023 till October 18, 2023. All the important information related to the recruitment drive is disclosed along with the NHB Recruitment 2023 Notification. Candidates should be aware of all the details before applying online. Here is an overview of the NHB Recruitment 2023 details:

Exam to Be Conducted By:        National Housing Bank

Posts:                                        Project Finance, Chief Financial Officer, Economist, MIS, Chief Economist, Senior Application Developer, Application Developer, Senior Project Finance Officer posts

Total Vacancies:                        43

Category:                                  Government Jobs

Application Mode:                        Online

Registration Starts From:               September 28, 2023

Deadline For Online Application:   October 18, 2023

Selection Process                        Online Test & Personal Interview

Job Location:                             All Over India

Official Website:                             www.nhb.org.in.

NHB Recruitment Notification 2023

Candidates can download NHB Recruitment Notification 2023 (Advt. No.– NHB/HRMD/Recruitment/2023-24/02) from the official website. For the convenience of eligible candidates, we have provided all the details in the article. Candidates should go through the details before applying online for the NHB Recruitment 2023.

NHB Recruitment Notification 2023: Important Dates

Online application dates for NHB Recruitment Notification 2023 have already been released. Online application process commenced on September 28, 2023 and will continue till October 18, 2023. The examination dates will soon be notified through their official website.

NHB Recruitment Notification 2023: Vacancies

NHB has notified a total of 43 vacancies for different posts including Projects Finance, Senior Project Finance Officer, Economist, Chief Economist, Chief Financial Officer, Application Developer, Senior Application Developer and MIS.

NHB Recruitment Notification 2023: Post-Wise Vacancies

NHB Posts                                      Vacancies

Project Finance                                       1

Chief Financial Officer                           1

Economist (Dy. Manager)                       1

Economist (Assistant GM)                     1

Generalist (Assistant Manager)             16

Chief Economist (Contractual)               1

Application Developer (Contractual)          2

Senior Application Developer (Contractual)  1

Project Finance Officer (Contractual)        8

Senior Project Finance Officer (Contractual) 7

MIS                                                             3

Hindi                                                               1

Grand Total 43

NHB Recruitment Notification 2023: Apply Online

Candidates can apply either by clicking on the direct link or on the official website of NHB Recruitment Notification 2023. The direct link can be easily found online. The potential applicants must not be in hurry but must complete their online application process before the deadline i.e. October 18, 2023.

NHB Recruitment Notification 2023: Application Fee

The category-wise application fees have been mentioned below. These are according to the NHB Recruitment Notification 2023. Candidates can submit application fee online through Net Banking, Credit Card or Debit Card.

Category           Application Fee

UR                        Rs. 850

SC/ST/PwBD                Rs. 175

NHB Recruitment Notification 2023: How to Apply?

A step-wise guide regarding the online application process has been mentioned below:

Step 1: Visit @nhb.org.in, the official website of NHB.

Step 2: The Home page will open. On the home page, locate the “Apply Online” option anchored in the right side corner.

Step 3: A registration form will appear on your computer screen.

Step 4: Fill out the form with correct information in the provided places.

Step 5: Upload the documents as specified in the registration form.

Step 6: Pay the online application fee. This fee is non-refundable.

Step 7: After the registration form is duly filled, press the ‘Submit’ button.

Step 8: Take the hard copy of the application fee payment for further references. 

NHB Recruitment Notification 2023: Eligibility Criteria

Before applying, candidates must go through the eligibility criteria to make sure that they are eligible for the advertised posts. The must-have educational qualification and work experience along with age limit have been mentioned below according to the NHB Recruitment Notification 2023.

NHB Recruitment Notification 2023 Educational Qualification

The NHB Recruitment 2023 post-wise qualification and experience details are mentioned below:

Post: Chief Economist                   

Minimum Educational/Professional Qualification: A Master’s Degree in Economics with specialization in monetary economics or Econometrics from a recognized Indian/Foreign University.

Desirable Qualification: A doctorate degree in Economics/Banking/Finance from a recognized University will be preferable.

Post: General Manager (Project Finance)  

Minimum Educational/Professional Qualification: Graduate in any discipline with Chartered Accountant

Post: Deputy General Manager (CFO)      

Minimum Educational/Professional Qualification: Chartered Accountant

Desirable Qualification: PRM/FRM Certification and/or CFA.

Post: Assistant General Manager (Economist)      

Minimum Educational/Professional Qualification: Post Graduate degree in Economics.

Desirable Qualification: M.Phil., Ph.D

Post: Deputy Manager (Economist)  

Minimum Educational/Professional Qualification: Post Graduate degree in Economics.

Desirable Qualification: M.Phil., Ph.D

Post: Deputy Manager (MIS)

Minimum Educational/Professional Qualification: Post Graduate degree in Statistics OR Post Graduate degree/diploma in Operation Research.

Desirable Qualification: M.Phil., Ph.D

Post: Senior Project Finance Officer (on contract)

Working Experience: Officers with a minimum working experience of 15 years in SCBs/Financial Institutions, with at least 10 years of experience in handling Credit/Project Finance

Post: Project Finance Officer (on contract)

Working Experience: Officers with a minimum working experience of 10 years in SCBs/Financial Institutions, with at least 5 years of experience in handling Credit/Project Finance

Post: Senior Application Developer (On Contract)

Minimum Educational/Professional Qualification: B.E. (CS/IT)/B.Tech. (CS/IT)/MCA/MTech (CS/IT)/B.Sc. (CS/IT)/M.Sc. (CS/IT)

Post: Application Developer (on contract)

Minimum Educational/Professional Qualification: B.E. (CS/IT)/B.Tech. (CS/IT)/MCA/Mtech (CS/IT)/B.Sc. (CS/IT)/M.Sc. (CS/IT)

Post: Generalist     

Minimum Educational/Professional Qualification: A full-time bachelor’s degree in any discipline with a minimum of 60% marks (55% in case of SC/ST/PwBD) or a full-time Master’s Degree in any discipline with a minimum of 55% marks (50% in case of SC/ST/PwBD) from a recognized University or equivalent qualification recognized by the Central Government.

Post: Hindi

Minimum Educational/Professional Qualification: Bachelor’s Degree in HINDI from a recognized University with aggregate minimum of 60% marks OR Master’s Degree in Hindi with a minimum of 50% with ENGLISH as one of the main subjects at the degree level.

NHB Recruitment Notification 2023: Age Limit

The post-wise age limit according to the NHB Recruitment Notification 2023 has been mentioned below:

Post:                                                   Minimum Age      Maximum Age

Chief Economist (on Contract)                 –              62 Years

General Manager (Scale – VII)             40 Years        55 Years

Assistant General Manager (Scale-V)      32 Years            50 Years

Deputy General Manager (Scale – VI)     40 Years            55 Years

Dy. Manager (Scale – II)                      23 Years             32 Years

Assistant Manager (Scale-I)                   21 Years            30 Years

Application Developer                          23 Years            32 Years

Senior Application Developer                   25 Years                 35 Years

Senior Project Finance Officer             40 Years        59 Years

Project Finance Officer                         35 Years            59 Years

NHB Recruitment Notification 2023: Experience Required

Post: Chief Economist       

Minimum Post-qualification Experience: At least 15 years of overall experience in a Commercial Bank/FI/reputed Rating Agencies/Government Bodies.

Minimum 10 years of experience in areas related to the Indian Economy and sectorial economy (preferably housing sector) in a Commercial Bank/FI/Rating Agencies/Government Bodies.

Post: General Manager (Project Finance)  

Working Experience: Minimum 15 years of experience in Banks/FIs/regulated lending entities, with at least 12 years in handling credit/project finance in Banks/FIs/regulated lending entities.

Current post held should be at Scale – VI or equivalent in PSBs/Grade D in AIFIs/equivalent in lending entities.

Post: Deputy General Manager (CFO)      

Working Experience: Minimum 12 years of post-qualification experience, with at least five years of work experience in overseeing financial operations (accounting, taxation, budgeting matters) in PSBs/AIFIs/Regulatory Bodies in India.

Current post held should be at Scale – V in PSBs/Grade D in AIFIs/Regulatory Bodies.

Post: Assistant General Manager (Economist)      

Working Experience: 10 years of experience in Banks/Financial Institutions/Government Institutions/other public sector institutions, with at least 8 years in areas related to economic research or strategic planning.

Current post held should be at Scale IV in PSBs/Grade B in AIFIs/equivalent in lending entities.

Post: Deputy Manager (Economist)  

Working Experience: 2 years of experience in Banks/Financial Institutions/Government Institutions/other public sector institutions in areas related to economic research or strategic planning

Current post held should be at Scale I in PSBs/Grade A in AIFIs/equivalent in lending entities.

Post: Deputy Manager (MIS)      

Working Experience: 2 years of experience in Banks/Financial Institutions/Government Institutions/other public sector institutions in areas related to MIS/Data Analytics/forecasting.

The current post held should be at Scale I in PSBs/Grade A in AIFIs/equivalent in lending entities.

Post: Senior Project Finance Officer (on contract)

Working Experience: Experience in appraisal and handling of credit/project proposals and monitoring. Experience in Project Evaluation, Financial Modelling & Project Assessment.

Post: Project Finance Officer (on contract)

Working Experience: Experience in appraisal and handling of credit/project proposals and monitoring. Experience in Project Evaluation, Financial Modelling & Project Assessment.

Post: Senior Application Developer (on contract)

Working Experience: Greater than or equal to 48 months (Relevant experience as per the Job Profile mentioned in this recruitment shall be considered).

Post: Application Developer (on contract)

Working Experience: Greater than 24 months to less than <48 months (Relevant experience as per the Job Profile mentioned in this recruitment shall be considered).

Post: Generalist     

Working Experience: While no prior experience is required, any relevant experience would be given weightage.

Post: Hindi

Working Experience: 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

NHB Recruitment Notification 2023: Selection Process

Candidates applying for the NHB Recruitment 2023 must be aware of the NHB Selection process 2023. The candidates will be recruited through two stages – Online Test and Personal Interview.

Online Test: Applicants will have to take an online test which will cover the topics of Quantitative Aptitude, Reasoning and Computer Aptitude and General Awareness.

Personal Interview: Candidates, who will pass the online test, will be selected for personal interview. Based on the second phase, candidates will selected for final recruitment. Personal interviews will be conducted to evaluate candidates’ personality.

Video Credit : Adda247

NHB Recruitment Notification 2023:Post-Wise Salary 

The candidates will get a handsome pay package under NHB Recruitment Notification 2023. The Post-wise NHB Recruitment 2023 salary details have been tabulated below:

Post                                                                               Salary

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

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)

Application Developer                            Rs. 0.85 lacs per month (consolidated).

Senior Application Developer                 Rs. 1.25 lacs per month (consolidated).

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)

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)

NHB Recruitment Notification 2023:  FAQs

What are the first and last dates of applying online as per the NHB Recruitment Notification 2023?

Online application process commenced on September 28, 2023 and will continue till October 18, 2023.

What is the lower and upper age limit required for the NHB Recruitment 2023?

The prescribed age limit according to the NHB Recruitment Notification 2023 has already been tabulated in this article.

How many job vacancies are advertised under NHB Recruitment 2023?

A total of 43 vacancies for different posts will be filled in through the NHB Recruitment Notification 2023 drive.

What is the application fee for NHB Recruitment 2023?

The application fee for NHB Recruitment 2023 is Rs. 850/- for the UR Category.

How can I apply for NHB Recruitment 2023?

You can apply by either clicking on the direct link easily available online. Alternatively, you can visit the official website of the NHB Recruitment 2023 and fill out the application form.