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NaBFID Highlights 2024
NaBFID is one of the most crucial organizations playing an essential role in enhancing the infrastructural development of the country. The NaBFID (National Bank for Financing Infrastructure and Development Bank) has been set up under the NaBFID Act 2021 with the aim of fulfilling the long-term financial requisites of the infrastructure sector of India.
Almost every year, the NaBFID invites applications for various posts under various departments, including Human Resources, Accounts, Operation, Risk Management, Legal, Administration, and many more. Last year, the National Bank for Financing Infrastructure and Development (NaBFID) had released its notification for 56 vacancies of Analysts under Risk Management, Generalist Administration, Accounts, Lending operations, and other various fields. Now that the Interview for 2023 recruitment took place from February 6 to 8, 2024, the recruitment process for 2023 can be considered successfully completed, and NaBFID aspirants are encouraged to look forward to the upcoming notification of 2024.
If you are someone willing to explore more details about the recruitment process of NaBFID, then this is the right time to do so. The best part is you are at the right place where you will get to know every detail described in the official notification of the NaBFID Exam 2024. The application process for 2023 NaBFID recruitment had started from October 23 and lasted till November 13, 2023. Interested individuals can go through the previous year notification details here, on the NaBFID exam for guidance and preparation. Please note that on this page, we will be discussing the details of the NaBFID Risk Management, Accounts, Generalist Administration, and Lending Operations posts only.
NaBFID Highlights 2023
| Conducting Authority | NaBFID |
|---|---|
| Official Website | nabfid.org |
| Posts | Lending Operations, Human Resources, Investment & Treasury, Information Technology & Operations, General Administration, Risk Management, Legal, Internal Audit & Compliance, Company Secretariat, Accounts, Strategic Development and Partnerships, Economist |
| Mode of Application | Online |
| Stages of Exam |
|
| Maximum Marks & Time Duration |
|
| Online Registration and Payment of Online Fees/Intimation Charges | October 23, 2023 to November 13, 2023 |
| Online Exam Date 2023 | December 16, 2023 |
| NaBFID list of selected candidates | |
| No. of Vacancies | 56 |
| Official Notification 2023 | |
NaBFID Notification 2024
Anticipation builds as the impending NaBFID notification 2024 is eagerly awaited. Last year NABFID released its notification for 56 posts on October 23, 2023. The application process was open/live till November 13, 2023. But before applying for the post, aspirants must read the detailed notification of the NaBFID Exam 2024 to know about the exam dates, educational qualifications, selection process, age limit, and much more about the exam.
NaBFID Exam 2024 - Vacancy
Building a career as a NaFID Official is no less than a matter of prestige, and kickstarting your career in a government organization like NaBFID is an excellent idea to attain your professional goals. For NaBFID exam 2024, it is a great approach to start your preparation by knowing the number of vacancies for a specific role. This will provide a clear vision regarding the level of competition you are going to face throughout the recruitment process. The new release of vacancies is awaited, but please refer to the table below to get a complete record of the number of vacancies published under the official notification of the NaBFID 2023.
| Sr. No. | Stream | SC | ST | OBC | EWS@ | General | Total |
|---|---|---|---|---|---|---|---|
| 1 | Lending Operations | 2 | 1 | 3 | 1 | 8 | 15 |
| 2 | Human Resources | - | - | - | 2 | 2 | |
| 3 | Investment & Treasury | - | - | 1 | - | 3 | 4 |
| 4 | Information Technology & Operations | - | - | 1 | - | 3 | 4 |
| 5 | General Administration | 1 | - | 1 | - | 5 | 7 |
| 6 | Risk Management | 1 | - | 2 | 1 | 6 | 10 |
| 7 | Legal | - | - | - | - | 2 | 2 |
| 8 | Internal Audit & Compliance | - | - | - | - | 3 | 3 |
| 9 | Company Secretariat | - | - | - | - | 2 | 2 |
| 10 | Accounts | - | - | - | - | 2 | 2 |
| 11 | Strategic Development and Partnerships | - | - | 1 | - | 3 | 4 |
| 12 | Economist | - | - | - | - | 1 | 1 |
NaBFID Exam 2024 : How to Apply
The application window opens for the NaBFID Exam right after the release of the notification; therefore, we advise you to apply for this exam as soon as the notification is released. This is because if you wait for the last date to apply, it may cause a rush, and also, most of the time, you may face a website crash. Please follow the below steps in order to apply for the NabFID Exam 2024.
Visit the official website of NaBFID and go to the ‘Careers’ section.
There, click on the option "APPLY ONLINE" which will open a new screen.
To register application, choose the tab "Click here for New Registration" and enter your Name, Contact details, and Email. A Provisional Registration Number and Password will be generated by the system and displayed on the screen.
In case the candidate is unable to complete the application form in one go, the data already entered can be saved by choosing "SAVE AND NEXT" tab.
Upload Photo & Signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature.
Click on the 'Payment' Tab and proceed for payment.
Click on the 'Submit' button.
NaBFID Application Fee 2024
Once you have successfully completed the NaBFID Online Form 2024, the next step is to pay the application fee. It's important to note that your application will only be considered complete once the fee is paid. The NaBFID exam fee details for various categories are as follows:
| Category | Application Fee |
|---|---|
| General/ EWS/ OBC | ₹ 800/- plus applicable taxes |
| SC/ ST/ PwBD | ₹ 100/-plus applicable taxes (Only Intimation charges) |
NaBFID Admit card 2024
The admit cards for NaBFID will be made available a few days before the exam. All information regarding the examination center, venue, date, and time for both the Online Preliminary and Online Main examinations, as well as the Interviews, will be communicated through the NaBFID "call letter." Please be aware that no physical copies of the NaBFID Exam 2024 call letter or Information Handout will be dispatched via postal mail or courier.
NaBFID Exam Dates 2024
The NaBFID Exam Dates are another aspect to kickstart your preparation for the exam. The exam dates give direction and help to identify the preparation speed and create an effective strategy. The exam calendar of the NaBFID recruitment contains all the details about the exam, admit card release, results, and many other important dates that are essential from the examination perspective of a candidate. Please refer to the table below to get details about the important dates of the NaBFID Exam 2024.
NaBFID Syllabus and Exam Pattern 2024
NaBFID Exam Pattern 2024
The NaBFID consists of two stages of recruitment, i.e., the Online Exam and the Personal Interview. You have to crack both stages in order to become a NaBFID professional. This means according to the exam pattern of NaBFID Exam, if you clear the written exam only, then you will become eligible for the final interview round in the whole recruitment process of the NaBFID exam 2024. The written exam consists of objective-type questions only. You will get 5 options in each question, out of which you have to select the right one. As the exam is divided into two sections, you will get a sectional time of 30 minutes for both.
NaBFID Exam 2024: Interview
The personal interview is completely based on your performance and is qualifying in nature. Most probably, the bank will conduct a psychometric test. You are required to be confident, and this stage is entirely based on how to answer the questions. This stage doesn't require any specific knowledge about anything. It is all about your personality and basics.
NaBFID Syllabus 2024
To score the highest marks in the exam, it's essential for candidates to have a solid understanding of the NaBFID Syllabus 2024 . This syllabus outlines the main topics and their potential relevance to the exam.
NaBFID Salary 2024
Salary plays an important role in boosting the motivation among aspirants to prepare and make efforts in preparation for any exam. After qualifying for the NaBFID exam, the professional enjoys an attractive amount of salary with some other benefits and allowances. As per 2023 notification, the annual fixed salary for the Analyst grade appointed in the service of the Bank will be Rs 14.83 lakh (approximately). Apart from this, variable pay (performance bonus) of up to 20% on fixed compensation may be paid on the basis of performance, as decided by the Bank from time to time. Compensation may be revised at suitable intervals, as approved by the Board. Group Insurance (Medical, Accidental & Term Life) will be provided by the Bank, which will be over and above the compensation mentioned above.
| Post | Salary |
|---|---|
| NaBFID | 14.83 lakh (approximately) per Annum |
NaBFID Eligibility Criteria 2024
In order to apply for any of the profiles under NaBFID recruitment 2024, knowing the essential NaBFID eligibility criteria is a must. You need to be assured about whether you are eligible to apply for the required post or not. This is to avoid the probability of candidature cancellation in the recruitment process later. Likewise, every government exam, to apply for the NaBFID exam, you have to fulfill all the eligibility criteria, including education, Age limit, and Work experience (if any).
NaBFID Educational Criteria 2024
As per the previous notification for the NaBFID Exam, of 56 vacancies, there were various posts belonging to various fields that required a specific ground of educational qualification to be fulfilled. Hence, it is important for you to identify and look closely at the educational eligibility criteria for the profile for which you are applying. Please refer to the table below to infer the eligibility standards of educational qualification for your desired profile, for NaBFID 2024.
| Post | Educational Qualification |
|---|---|
| Lending Operations | MBA (Finance)/ICWA/ CFA / CMA/CA /Post-Graduation Degree /Diploma in Management with Specialization in Finance |
| Human Resources | Post-graduation degree/ Diploma in Management with Specialization in Human Resources / Industrial Relations |
| Investment & Treasury | MBA (Finance) / ICWA / CA / CFA/ Post Graduation Degree / Diploma in Management with Specialization in Finance / Forex |
| Information Technology & Operations | MCA / MTech / M. E. / Postgraduate in Computer Science, AI & ML, Software Engineering, IT, Cyber Security from recognized University / Institution |
| General Administration | Postgraduate in any discipline from a recognized University / Institution |
| Risk Management | MBA (Finance) / CA / ICWA/ CFA/ Post Graduation Degree / Diploma in Management with Specialization in Finance |
| Legal | Masters in law from a recognized University / Institution in India |
| Internal Audit & Compliance | MBA (Finance) / CA /ICWA / Post Graduation Degree / Diploma in Management with Specialization in Finance |
| Company Secretariat | Member of the Institute of Company Secretaries of India(ICSI) |
| Accounts | MBA (Finance) / CA /ICWA / Post Graduation Degree / Diploma in Management with Specialization in Finance |
| Strategic Development and Partnerships | Post-graduation degree/ Diploma in Management with Specialization in Finance, Business/ Sustainability Management, Economics, Humanities |
| Economist | Master’s degree in economics with specialization in monetary economics or Econometrics or mathematical economics or equivalent from a recognized University /Institution |
NaBFID Age Limit 2024
The Age limit criteria for the posts under NaBFID are subject to category and also work experience, hence, you should have a detailed glance at the age limit for the NaBFID post you are applying for. Refer to the table below to know about the Age Limits for each post under the NaBFID recruitment 2024.
| Post | Age Criteria |
|---|---|
| NaBFID | Maximum Age - 21 years/ Maximum Age - 32 years |
NaBFID Age Relaxation 2024
As of last year notification, the minimum age to apply for the NaBFID Exam is 21 years and the maximum is 32. Also, there is a certain upper Age limit Relaxation given to candidates according to the categories, i.e., SC/ST, OBC, EWS, PWD, Ex-Serviceman, etc. You have to check carefully on which category you are falling to take benefit of the age relaxation. Refer to the table below to identify and check the Age Relaxation provided to various categories according to the NaBFID Notification.
| Category | Age Relaxation |
|---|---|
| Scheduled Caste (SC)/ Scheduled Tribe (ST) | 05 years |
| Other Backward Classes (Non-Creamy Layer) | 03 years |
| PwBD (SC/ST) | 15 years |
| PwBD (OBC) | 13 years |
| PwBD (GEN/EWS) | 10 years |
| Ex-Servicemen | 05 years |
NaBFID Online Courses
For guaranteed success, ixambee has launched NABFID Online Courses tailored to different profiles, i.e., Risk Management, Accounts, Generalist officer, and Lending Operations. In that series, the courses are as follows: Online course on Risk Management, Online course on NadBFID Accounts, Online course on Generalist Administration, and Online course on Lending Operations.These courses have been carefully designed by our experts to align with the latest exam pattern. We've assembled a team of top experts in their respective fields to support your NABFID Exam 2024 preparation. These accomplished individuals have created concise study materials to help you achieve your goal of becoming a legal officer.
