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NHB Salary 2023
National Housing Bank has invited applications for 43 vacancies of various posts like Chief Financial Officer, Senior Project Finance Officer and Project Finance Officer. The NHB Salary 2023 is attractive and matches the best salaries in the government sector. As per the official notification the salary varies for various posts as per the grade. The selected personnel will also be eligible for allowances and benefits. Here in this article, we have covered the detailed NHB Salary 2023.
Click Here for NHB Recruitment 2023 PDF
NHB Salary 2023 Structure
The NHB Salary 2023 is mentioned in the official notification. The officers who are selected as Senior Project Finance Officer and Project Finance Officer have a chance of earning 6-digit salary and helping in the growth of the organization. Along with salary, there are a few allowances given too, that will cover day-to-day expenses related to routine work. In this space, we have covered the NHB Salary 2023 in detail.
NHB Salary 2023 Overview
The NHB Recruitment 2023 is now out for various contractual and regular jobs. Here is a brief overview of NHB Salary 2023. Interested officers can also check out the exam-related details here.
| NHB Salary 2023 | |
| Organization | National Housing Bank |
| Exam Name | NHB Exam 2023 |
| Post | Various |
| Category | Salary |
| Vacancy | 43 |
| Job Location | All across India |
| Application Mode | Online |
| Official Website | @www.nhb.org.in |
NHB Salary 2023: Amount
The Senior Project Finance Officer and Project Finance Officer are paid a monthly salary in the range of 2.5 to 3.5 lakhs. The details on other salaries as per the grade of post is given below.
| Post | Scale of Pay |
|---|---|
| General Manager Scale – VII | Rs. 116120 – 3220/4 – 129000 |
| Deputy General Manager Scale – VI | Rs. 104240 – 2970/4 – 116120 |
| Assistant General Manager Scale -V | Rs. 89890 – 2500/2 – 94890 – 2730/2 – 100350 |
| Deputy Manager Scale – II | Rs. 48170 – 1740/1 – 49910 – 1990/10 – 69810 |
| Assistant Manager Scale-I | Rs. 36000 – 1490/7 – 46430 – 1740/2 – 49910 – 1990/7-63840 |
| Post (Contractual) | Details |
| 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 per month (consolidated) |
| Application Developer | Rs. 0.85 lacs per month (consolidated) |
| 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. |
NHB Salary 2023: Allowances
In addition to the salary mentioned in the pay scale, the selected candidates for these posts will receive other benefits such as bank-provided housing or housing allowance (if available), medical expense reimbursement, phone/mobile expense coverage, a knowledge allowance, help with residential furnishing, conveyance allowance, and more based on eligibility. They may also have access to benefits like housing loans, vehicle loans, festival advances, leave encashment, and coverage under the National Pension System, as per the prevailing rules. Which will be over and above the monthly salary mentioned above.
NHB Salary 2023: Job Profile
The NHB Recruitment has been released for various posts. For detailed information about the job profiles at NHB, it is advisable that the candidates refer to the official NHB 20223 PDF. It has the details on the roles and responsibilities associated with each post.
NHB Salary 2023: Carrer Growth
National Housing Bank is a 100% government-owned financial institution. The work in NHB relates to mega-building projects. There is a great scope for growth and learning at the same time an opportunity to contribute towards the growth of the housing sector. The candidates can refer to the officail PDF for details on growth and career advancement.
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