What is the NHB Salary 2023?

The post wise details on NHB Salary 2023 are given above.

Are allowances included in NHB Salary 2023?

The details on allowances have been covered above.

What is the probation period as per the NHB Finance Officer Recruitment?

There is probation for few posts like posts in scale MMGS – II to TEGS – VII, and Assistant Manager (Scale I). Candidates can refer to the official PDF for the details on probation.

How many vacancies are announced for NHB Recruitment 2023?

A total of 43 vacancies are announced for NHB Recruitment 2023.

NHB Salary 2023, Structure, Perks & Allowances

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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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