NHB Assistant Manager (Hindi) Salary 2024

One of the reasons why aspirants in India gravitate towards government/banking jobs is because they offer job security along with handsome salaries. Not only this, but the selected candidates are also eligible for certain perks and additional benefits. So, therefore, before applying to the NHB recruitment 2024, it is essential that you are aware of the NHB Assistant Manager salary before you apply for the NHB Assistant Manager exam 2024.

The basic pay for an NHB Assistant Manager is Rs 36000 - 1490/7 – 46430 - 1740/2 – 49910 - 1990/7- 63840 per month (Junior Management Grade Scale 1). An NHB Assistant Manager’s in-hand salary would be Rs. 60,056.72 (approx) per month. Refer to the table below for more details regarding the NHB Assistant Manager salary 2024. Other than Assistant Manager, Deputy Manager, Assistant General Manager, Deputy General Manager and General Manager salary have also been given in the table below.

PostScalePay ScaleSalary Per Month (Approx.)
Assistant Manager Scale 1 36000 - 1490/7 – 46430 - 1740/2 – 49910 - 1990/7- 63840 Rs. 60,056.72/- per month

Perks & Allowances

Apart from the basic salary, an NHB Assistant Manager will also be entitled to receive certain perks and additional benefits. If selected as an NHB Manager, you will receive the following perks and allowances-

  • Dearness Allowance
  • Special Pay
  • Special DA,
  • House Rent Allowance
  • City Compensatory Allowance
  • Reimbursement of expenses for medical/hospitalization
  • Telephone/mobile charges
  • Newspaper Allowance
  • Knowledge Allowance
  • Residential furnishing
  • Conveyance Allowance
  • Festival advance

Please note that all the candidates selected as NHB Assistant Managers (Hind) will be covered under the National Pension System governed by the PFRDA.

Probation 

Upon selection as an NHB Assistant Manager (Hindi), you will be on probation for a period of 2 years. It is imperative to complete the 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 analyzed and judged by the seniors. Furthermore, you can be posted in any department and can be transferred all over India.

PostProbation Period
Assistant Manager (Hindi) 2 years which is extendable at the discretion of the bank

Job Description (Assistant Manager)

As an NHB Assistant Manager (Hindi), you will be required to perform a specific set of duties. Therefore, it is essential that you understand the NHB Assistant Manager job description correctly. Given below are some of the responsibilities that you will be expected to take care of.

  • 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.
  • Efficient and accurate completion of tasks assigned by senior management.

Career Growth

As an NHB Assistant Manager, you will become eligible for additional increments after qualifying the JAIIB/CAIIB exam conducted by the bank regularly. After clearing these exams successfully, 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 below-

  • Executive Director - Special Grade
  • General Manager(s) (Scale 7) - Top Executive Grade
  • Deputy General Manager(s) (Scale 6) - Top Executive Grade
  • Asst. General 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 —> You are here