NHB Assistant Manager Salary 2021: National Housing Bank Limited has recently announced the recruitment notification for the engagement of the Assistant Manager Junior Management Scale (Grade 1) posts. One of the most awaited recruitment notifications among the banking aspirants. The NHB Assistant Manager online application begins from 01st December 2021. The final date for the submission of the online application gets ends on 30th December 2021. Interested candidates have to check the eligibility criteria before the starting of the online application process. After that candidates of each and everyone have to know the NHB Assistant Manager Salary, pay scale, allowances, and promotion details which makes you more interested to prepare effectively for the upcoming recruitment drive. The National Housing Bank is governed and run by the Indian Government. Further details regarding the NHB Assistant Manager Salary 2021 and other details have been given below for your reference.
Check here the NHB Assistant Manager Notification 2021
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NHB Assistant Manager Important Dates:
Check the NHB Assistant Manager Salary structure 2021 details in this article.
| Events | Dates |
| (NHB) Notification release date | 30th November 2021 |
| Online application starts | 01st December 2021 |
| Last date for the online application | 30th December 2021 |
| Last date to pay a fee | 30th December 2021 |
| Online Examination for Scale- I and II only | 10 days prior exam |
| Result of online examination | January/February 2022 |
| Interview call letter for Scale- I, II & IV | February /March 2022 |
| Interview date | March/April 2022 |
| (NHB) Final result | April/May 2022 |
NHB Assistant Manager Salary Structure 2021:
Check the NHB Assistant Manager Salary 2021 details tabulated below.
| Post | Scale | The scale of Pay* (in Rs.) | Consolidated Remuneration per month^ (in Rs.) (approx.) |
| Assistant Manager | (Scale I) | 36000 – 1490/7 – 46430 – 1740/2 – 49910 – 1990/7- 63840 |
60,056.72/- |
- Besides emoluments as per the pay scale given above, the Post will carry other facilities like Bank’s accommodation (at the discretion of the Bank subject to availability of accommodation as determined by the Bank from time to time), reimbursement of expenses for medical/hospitalization, telephone/mobile charges, knowledge allowance, residential furnishing, conveyance allowance, etc. as per eligibility.
- Other benefits such as housing loan, vehicle loan, festival advance, LTC, gratuity, leave encashment, coverage under National Pension System governed by PFRDA, etc. shall be as per rules in force.
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NHB Assistant Manager Probation Period
Check the NHB Assistant Manager Salary structure 2021 details in this article. The Probation Period for a candidate appointed for the posts is provided as under:
| Post | Probation Period |
| Assistant Manager (Scale I) | 2 years which is extendable at the discretion of the Bank |
| Deputy Manager (Scale II) | 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. |
| Regional Manager (Scale IV) | 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. |
The selected candidate will be liable to be posted/transferred at the sole discretion of the Bank to its various offices from time to time and on such terms and conditions as may be decided by the Bank.
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NHB Assistant Manager Perks and Benefits
Here we have provided some of the perks and benefits for assistant manager posts in National Housing Bank Recruitment. Check the NHB Assistant Manager Salary structure 2021 details in this article.
- City compensatory allowance:Â CCA is an allowance provided by companies to their employees to compensate for the higher cost of living in metropolitan cities.
- Dearness allowance: Dearness Allowance is paid by the government to its employees as well as a pensioner to offset the impact of inflation.
- Housing rent allowance: HRA is an allowance that’s paid by an employer to the employee as an aid for their housing expenses.
- Deputation allowance:Â DA is an allowance admissible to an employee being a civil servant or employee of a public authority other than the University and appointed to a post in the University.
- Provident fund:Â AÂ provident fund is a retirement savings scheme.
- Halting allowance:Â Halting Allowance is a payment made to an employee in addition to other emoluments for any day during which an employee is absent from duty.
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NHB Assistant Manager Allowances:
Apart from the NHB Assistant Manager salary 2021, the Assistant Managers are also entitled to other allowances and benefits like:
- Dearness Allowance
- Housing Rent Allowance
- City Compensatory Allowance
- Provident Fund
- Pension
- Recovery of Housing Rent
- Fixed Personal Pay
- Professional Qualification Pay
- Other Allowances (Deputation Allowance, Halting Allowance, Compensation on Transfer, Mode of Travel and Expenses on Travel, Leave Travel Concession, etc).
NHB Assistant Manager Promotion/Career Growth:
Job prospects at the National Housing Bank are good. If you join as Assistant Manager at a young age, you can reach up to the General Manager post. This depends on your age and your performance. Check the NHB Assistant Manager Salary structure 2021 details in this article. Also, in NHB you will have a chance to get promoted every 4 years.
Career progression is:
- Assistant Manager
- Deputy Manager
- Manager-Regional
- Manager-Additional General Manager
- Deputy General Manager
- General Manager
- Executive Director
- CFO- Managing Director
