NaBFID Highlights 2024
The NaBFID 2024 notification has been released on the official NaBFID website. 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, Information Technology & Operations, Strategic Development and Partnerships, and many more. The 2024 NaBFID recruitment has been released. For 2024, the NaBFID invites applications for 41 posts for the year 2024 with vacancies divided across different reserved and unreserved categories.
The 2024 NaBFID recruitment notification has complete details regarding important exam dates, application process, eligibility criteria, selection process and all necessary details that aspiring candidates need to apply and successfully begin their preparations for the NaBFID exam.
NaBFID Highlights 2024
| 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 | July 10, 2024 to July 30, 2024 |
| NaBFid Online Exam Date 2024 | August 2024 |
| No. of Vacancies | 37 |
| NabFid Official Notification PDF 2024 | |
NaBFID Notification 2024
The 2024 NaBFID notification has been released and is inviting applications from eligibile candidates for 41 posts across ten streams. The streams are Lending Operations, Human Resources, Investment & Treasury, Information Technology & Operations, Administration, Accounts, Risk Management, Risk Management-Information Security, Strategic Development and Partnerships, and Economist.
The notification mentions several important points regarding the exam conduction and selection process. According to the 2024 NaBFID recruitment notification, candidates who qualify for the NaBFID exam will be called for an interview which will only take place in Mumbai and candidates will have to travel to Mumbai to give the interview without fail to be considered further for selection. The notification also specifies the states where the exam centers for the NaBFID exam will be located and how selected candidates can be posted anywhere across India.
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. The NaBFID has 41 vacancies for the year 2024. The vacancies range across 10 different roles under the NaBFID. For each post, the vacancies are spread across reserved and unreserved categories. Risk Management and Lending Operations happen to hold the most vacancies; 10 and 14 respectively each. The notification also mentions that candidates cna only apply for only post. You can refer to the table below to get an idea of the NaBFID 2024 vacancies.
| SR. NO. | STREAM | SC | ST | OBC* | EWS** | GEN | TOTAL | PwBD |
|---|---|---|---|---|---|---|---|---|
| 1 | Lending Operations | 2 | 1 | 4 | 1 | 6 | 14 | 4 (VI-1 HI-1 LD-1 d&s-1) |
| 2 | Human Resources | 2 | 2 | |||||
| 3 | Investment & Treasury | 1 | 1 | 2 | ||||
| 4 | Information Technology & Operations | 1 | 1 | 2 | ||||
| 5 | Administration | 1 | 1 | |||||
| 6 | Accounts | 1 | 1 | |||||
| 7 | Risk Management | 2 | 1 | 2 | 5 | 10 | ||
| 8 | Risk Management-Information Security | 1 | 1 | |||||
| 9 | Strategic Development and Partnerships | 1 | 2 | 3 | ||||
| 10 | Economist | 1 | 1 |
NaBFID Exam 2024 : How to Apply
According to the 2024 NaBFID notification, online applications will begin from 10th July 2024 and end on 30th July 2024. 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 steps below 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 is critical to remember that the application wil only be considered in online format and no hard copies of the application sent to the office of the NaBFID will be considered. 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 10 days before the exam. All information regarding the examination center, venue, date, and time for both the online examination will be mentioned on the admit card. It is mandatory for candidates to carry the admit card on the day of the exam to the exam venue. All other exam-related information 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 exact 2024 NaBFID Exam Dates have not yet been mentioned in the 2024 NaBFID recruitment notification. The notification mentions that the exam will be conducted in August. The call letter sent to candidates regarding the exam will mention the exact date of the NaBFID exam in August. Candidates should also keep regularly checking the official NaBFID website for any updates regarding the exact date of the examination.
The application for registering for the NaBFID 2024 exam begin on 10th July 2024 and end by 30th July 2024, which is a considerably short window for applying. Candidates should fill out their application forms immediately and dedicate the rest of their time in preparing for the upcoming NaBFID exam.
Please refer to the table below to get details about the important dates of the NaBFID Exam 2024.
| Events | Tentative Dates |
|---|---|
| Online Registration and Payment of Online Fees/Intimation Charges | July 10, 2024 to July 30, 2024 |
| NABFID Online Exam Admit Card | 10 days before the Examination |
| NABFID Online Exam Date | August, 2024 |
| NABFID Online Exam Result | To be notified later |
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 that 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 exam is divided into two sections of 40 objective questions each for which you will get 30 minutes for each section. Both sections of the written exam consist of objective-type questions only. Candidates will get 5 options in each question, out of which they have to select the right one. The minimum qualifying marks for each section of the exam are 40% for general candidates and 35% for reserved categories. The overall qualifying marks for Sections A and B combined will be 50% for general candidates and 45% for reserved candidates.
NaBFID Exam 2024: Interview
The personal interview is completely based on your performance and is qualifying in nature. The candidates who clear the online exam will have to go to Mumbai to appear for their interview. If a candidate is able to clear the interview, their submitted documents must be verified. After this verification of documents only will they be appointed ot their applied posts.
The NaBFIDBFID reimburses travel expenses incurred by candidates called for interviews. This reimbursement is capped at the cost of a second-class air-conditioned train ticket (round trip) and requires a copy of the tickets as proof of travel. Timely submission is crucial, as claims received after the interview date won't be processed. If a candidate opts for a more expensive mode of transportation, reimbursement will only be provided for the equivalent cost of a second-class air-conditioned train ticket on a mail or express train route.
Travel expenses cannot be reimbursed for candidates who don't meet the eligibility criteria (age, education, experience etc.) for the advertised position. This applies even if the candidate attends the interview in error. Reimbursement of travel expenses will not influence the candidate's selection for the role.
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.
Section A of the online exam will consist of Reasoning and Quantitative Aptitude, English Language, and Data Analysis and Interpretation. Section B will include 40 questions from Professional Knowledge. Professional Knowledge.
NaBFID Exam Dates 2024
The exact 2024 NaBFID Exam Dates have not yet been mentioned in the 2024 NaBFID recruitment notification. The notification mentions that the exam will be conducted in August. The call letter sent to candidates regarding the exam will mention the exact date of the NaBFID exam in August. Candidates should also keep regularly checking the official NaBFID website for any updates regarding the exact date of the examination.
The application for registering for the NaBFID 2024 exam begin on 10th July 2024 and end by 30th July 2024, which is a considerably short window for applying. Candidates should fill out their application forms immediately and dedicate the rest of their time in preparing for the upcoming NaBFID exam.
Please refer to the table below to get details about the important dates of the NaBFID Exam 2024.
| 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. The 2024 NaBFID recruitment notification clearly states that the cutoff for all eligibility criteria for the 2024 NaBFID exam is 1st June 2024. 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.
NaBFID Educational Criteria 2024
As per the 2024 NaBFID notification for the NaBFID Exam, of 41 vacancies, there are 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 for 2024 mention that the applying candidates should not be younger than 21 years and not more than 32 years of age to be eligible for the exam. Refer to the table below to know about the Age Limits for vacancies under the NaBFID recruitment 2024.
| Post | Age Criteria |
|---|---|
| NaBFID | Maximum Age - 21 years/ Maximum Age - 32 years |
NaBFID Age Relaxation 2024
As per the 2024 NaBFID 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.