NHB Assistant Manager Salary 2024: Job Profile, Allowances, Perks & Benefits

NHB Assistant Manager Salary 2024

National Housing Bank exam 2024 notification is yet to be announced. However, referring to the recruitment notification from the previous year will give you insight into what to anticipate. Along with other informations like NHB Assistant Manager eligilibity criteria, syllabus and exam pattern, you must also know the NHB Assistant Manager salary before you apply for the NHB AM 2024 exam. The basic pay for NHB Assistant Manager is Rs 36000 - 1490/7 – 46430 - 1740/2 – 49910 - 1990/7- 63840 per month (Junior Management Grade Scale 1), as of the last notification. Consolidated Remuneration for an NHB Assistant Manager or an NHB Assistant Manager gross salary would be 60,056.72 (approx) rupees per month. You will be eligible for Dearness Allowance, Special Pay, Special DA, House Rent Allowance, and City Compensatory Allowance if selected as NHB Assistant Manager. Besides emoluments, other facilities like Bank's accommodation, reimbursement of expenses for medical/hospitalization, telephone/mobile charges and newspapers will be given. Other than Assistant General Manager, Deputy General Manager, Assistant General Manager and Deputy Manager salary has also been given in the table below.

istant General Manager and Deputy Manager salary has also been given in the table below.

PostScaleScale of Pay
Regular Posts
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
Contractual Posts Period of Contract
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). The variable pay to be linked to the performance rating. In case of outstation duty, travelling and halting allowances will be as applicable to Scale – VII officers of the Bank. The period of contract shall be Initially for a period of 3 years, subject to yearly review, which can be extended for a maximum term of 5 years (one year at a time) or 65 years of age whichever is earlier.
Senior Application Developer Rs. 1.25 lacs month (consolidated) Initial tenure for a period of 2 years which can be extended for a maximum term of 3 years (subject to annual review). Application Developer Rs. 0.85 lacs per month (consolidated) Initial tenure for a period of 2 years which can be extended for a maximum term of 3 years (subject to annual review).
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). The period of contract shall be Initially for a period of 3 years, subject to yearly review, which can be extended for a maximum term of 5 years (one year at a time) or 65 years of age whichever is earlier.
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). The period of contract shall be Initially for a period of 3 years, subject to yearly review, which can be extended for a maximum term of 5 years (one year at a time) or 65 years of age whichever is earlier.

Probation Period

If you are appointed as an NHB Assistant Manager, you will be on probation for a period of 2 years. You can be posted in any department and can be transferred all over India. You have to complete a probation period in order to enjoy all the perks and benefits of the post of NHB Assistant Manager. During probation, your performance and work ethic will be analysed and judged by the seniors.

PostProbation Period
Assistant Manager (Scale 1) 2 years which is extendable at the discretion of the Bank
Regional Manager (Scale 4) The selected candidate will be on probation for a period of 1 year of active service from the date of his/her joining the Bank which is extendable at the discretion of the Bank
Deputy General Manager (Scale 6)

Job Profile (Assitant Manager)

After being selected as an NHB Assistant Manager, you will be required to perform certain duties. You will be assigned some set of work which you will be responsible for. The NHB Assistant Manager job description has been provided below.

  • Provide Assistance to the Manager
  • Recruiting and training new employees
  • Supervise day-to-day operations of the Bank
  • Providing constant feedback to the staff
  • Management of payroll and personal databases.

Career Growth

After being selected for the post of Assistant Manager, you will become eligible for additional increments To progress in your career, you have to qualify for the JAIIB/CAIIB exam conducted by the bank regularly. Through these exams, you will be promoted to a higher grade in the department of the National Housing Bank. The NHB Assistant Manager career growth hierarchy, along with Deputy Manager, Assistant General Manager, Deputy General Manager and General Manager, is given in the bullets below:

  • Executive Director - Special Grade
  • General Manager(s) (Scale 7) - Top Executive Grade
  • Deputy General Managers (Scale 6)- Top Executive Grade
  • Asst. General Managers (Scale 5)- Senior Management Grade
  • Regional Managers (Scale 4)- Senior Management Grade
  • Managers (Scale 3) - Middle Management Grade
  • Deputy Managers (Scale 2) - Middle Management Grade
  • Assistant Managers (Scale 1) - Junior Management Grade

NHB Assistant Manager Online Course 2024

To help you with the NHB Assistant Manager Exam, ixamBee is launching a comprehensive and well-curated Online Course for NHB Assistant Manager Exam. This course has all that is needed to ace the exam. This NHB Assistant Manager online course is designed by our expert faculty. The Course consists of Video Lessons, Live Online classes for doubt clarification and Study notes designed by expert faculties. Some features of the NHB Assistant Manager Online Course have been provided below:

  • Video Lessons covering the entire syllabus for all papers of NHB Assistant Manager.
  • Study Notes designed by expert faculty covering the NHB Assistant Manager syllabus.
  • Full-length Mock Tests for NHB Assistant Manager, adhering to NHB Assistant Manager's new exam pattern.
  • Practice questions apart from mock tests covering all the new subjects/topics.
  • Daily Live Online Classes for doubt clarification with the subject experts.
  • You will be assisted by our experts for the Interview.

National Housing Bank (NHB) Assistant Manager - Free Mock Tests

NHB Assistant Manager 2023 Mock Test 4

NHB Assistant Manager 2023 Mock Test 4

  • 180 Minutes
  • 155 Questions
  • 200 Marks
NHB Assistant Manager 2023 Mock Test 3

NHB Assistant Manager 2023 Mock Test 3

  • 180 Minutes
  • 155 Questions
  • 200 Marks
NHB Assistant Manager 2023 Mock Test 2

NHB Assistant Manager 2023 Mock Test 2

  • 180 Minutes
  • 155 Questions
  • 200 Marks
NHB Assistant Manager 2023 Mock Test 1

NHB Assistant Manager 2023 Mock Test 1

  • 180 Minutes
  • 155 Questions
  • 200 Marks

National Housing Bank (NHB) Assistant Manager - Previous Year Question Paper

NHB Assistant Manager Exam 2022 Previous Year Paper(6 March)

NHB Assistant Manager Exam 2022 Previous Year Paper(6 March)

  • 180 Minutes
  • 155 Questions
  • 200 Marks
NHB Assistant Manager Exam 2022 Previous Year Paper(24 December)

NHB Assistant Manager Exam 2022 Previous Year Paper(24 December)

  • 180 Minutes
  • 155 Questions
  • 200 Marks
NHB Assistant Manager 2020 Previous Year Paper

NHB Assistant Manager 2020 Previous Year Paper

  • 180 Minutes
  • 155 Questions
  • 200 Marks
NHB Assistant Manager 2019 Previous Year Paper

NHB Assistant Manager 2019 Previous Year Paper

  • 180 Minutes
  • 155 Questions
  • 200 Marks

FAQs

National Housing Bank AM is an all India job, therefore, you may be posted and transferred anywhere in India where the organization has its branches. This nationwide scope presents the possibility of postings and transfers to diverse regions as per organizational requirements.
The NHB exam 2024 is yet to be announced. In the previous recruitment cycle, the National Housing Bank online exam for Assistant Manager took place on December 23, 2023.
In the examination venue, you need to carry Call Letter/Admit Card printout and one ID card proof in original as well as xerox.

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