National Bank for Agriculture and Rural Development (NABARD) is a development financial institution in India that was established in 1982. It is headquartered in Mumbai and operates throughout India through its regional offices.
The primary focus of National Bank for Agriculture and Rural Development is to provide financial and developmental support to agriculture and rural sectors of the country. It provides loans, grants, and other financial services to various institutions such as rural cooperatives, rural banks, and other financial institutions.
National Bank for Agriculture and Rural Development also works towards promoting sustainable agriculture and rural development through various initiatives such as watershed development, soil conservation, and renewable energy projects. It also plays a significant role in promoting rural entrepreneurship, skill development, and employment generation in rural areas.
NABARD Highlights 2023
Year | Highlights |
|---|---|
| 2021 | Launched a new loan scheme to provide credit support to NBFCs for funding agriculture and rural sectors. |
| 2021 | Launched a new digital platform called ‘NAB-Sanjivani’ to help rural customers access healthcare services remotely. |
| 2020 | NABARD announced a special liquidity facility of Rs. 25,000 crores for refinancing regional rural banks and cooperative banks. |
| 2020 | NABARD announced a new scheme called ‘Structured Finance and Partial Guarantee Program for NBFCs’ to provide credit support to NBFCs for lending to agriculture and rural sectors. |
| 2019 | Launched a new project called ‘NABARD Climate-Smart Agriculture Program’ to promote climate-resilient and sustainable agriculture practices in India. |
| 2018 | NABARD raised Rs. 2,200 crore through the issuance of its first-ever green masala bonds to fund renewable energy projects in India. |
NABARD Reviews
Agriculture and Rural Development:: National Bank for Agriculture and Rural Development has been playing a significant role in providing financial and developmental support to agriculture and rural sectors. Many farmers and rural entrepreneurs have benefited from NABARD’s loan programs and initiatives, which have helped in creating employment opportunities and promoting sustainable agriculture practices. However, some farmers and rural communities have also raised concerns about the availability and accessibility of NABARD’s services in remote areas.
Financial Inclusion: National Bank for Agriculture and Rural Development has been actively working towards promoting financial inclusion in rural areas. It has been supporting the development of digital payment infrastructure in rural areas and providing financial literacy training to rural customers. Many people living in rural areas have been able to access formal banking services and credit through NABARD’s initiatives. However, some people have also raised concerns about the effectiveness of these initiatives in reaching the most marginalized and underprivileged communities.
Regulation: As a regulator of cooperative banks and regional rural banks, National Bank for Agriculture and Rural Development has been responsible for ensuring the soundness and stability of these institutions. Many experts and stakeholders have praised NABARD’s efforts in regulating these banks and promoting their growth and development. However, some have also criticized National Bank for Agriculture and Rural Development performance in identifying and addressing issues of non-performing assets and financial irregularities in some of these banks.
NABARD Exam Dates 2023
Event | Tentative Date |
|---|---|
| Notification Release | July 2023 |
| Application form | July 2023 |
| The last date to apply online | August 2023 |
| Prelims exam for NABARD Grade-A (RDBS/Rajbhasha) | September 2023 |
| Prelims admit card | August 2023 |
| Result date | October 2023 |
| Mains exam | October 2023 |
| Mains admit card | To be Announced |
| Mains result | To be Announced |
NABARD Vacancy and Fees 2023
Category | Assistant Manager in Grade A (RDBS & Rajbhasha) | Assistant Manager in Grade A (P & SS) |
|---|---|---|
| General Category | Rs. 800/- | Rs. 750/- |
| SC/ST/PWD Categories | Rs. 150/- | Rs. 100/- |
Eligibility criteria
Eligibility Criteria | Grade A Officers | Grade B Officers |
|---|---|---|
| Nationality | Must be a citizen of India or hold citizenship of Nepal/Bhutan | Must be a citizen of India or hold citizenship of Nepal/Bhutan |
| Age Limit | Minimum 21 years and Maximum 30 years as of the specified date (age relaxation is provided to certain categories) | Minimum 25 years and Maximum 40 years as of the specified date (age relaxation is provided to certain categories) |
| Educational Qualification | Bachelor’s degree with a minimum of 50% marks (45% for SC/ST/PwBD) in Agriculture, Agriculture Engineering, Horticulture, Animal Husbandry, Fisheries, Dairy Technology, Forestry, Veterinary Science or any other related field from a recognized university | Master’s degree in any discipline from a recognized university with a minimum of 60% marks (55% for SC/ST/PwBD) or a Ph.D. in any discipline from a recognized university |
| Work Experience | No prior work experience is required | Minimum of 3 years of work experience in Banking, Finance, Agriculture and rural development, Social work, Management consultancy, Teaching/Research, Law |
NABARD Group A,B,C Cutoff 2023
The cutoff marks for different categories (General, SC/ST, OBC, etc.) are also different. The official cutoff for National Bank for Agriculture and Rural Development Group A, B, C exams in 2023 will be announced through official notifications on the National Bank for Agriculture and Rural Development website (www.nabard.org) or in leading newspapers and job portals. So, it’s best to keep an eye on these sources for the latest information on National Bank for Agriculture and Rural Development Group A, B, C cutoff marks in 2023.
Group A Cut Off 2021: Year-Wise percentile
Year | Category | Prelims Cutoff (Percentile) | Mains Cutoff (Percentile) |
|---|---|---|---|
| 2021 | General | 120.50 | 152.75 |
| SC/ST | 103.75 | 133.50 | |
| OBC | 116.50 | 141.50 | |
| PwBD | – | 115.75 |
Group B Cut Off 2021: Year-Wise percentile
Year | Category | Phase I Cutoff (Percentile) | Phase II Cutoff (Percentile) |
|---|---|---|---|
| 2020 | General | 122.25 | 196.25 |
| SC/ST | 100.75 | 179.50 | |
| OBC | 109.50 | 184.75 | |
| PwBD | 98.50 | 182.25 |
NABARD Placements 2023
National Bank for Agriculture and Rural Development is a reputed organization in the banking and financial sector in India. The organization offers attractive salary packages and good growth opportunities to its employees. The salary structure for different positions in NABARD varies depending on the role, location, and experience.
For the post of Assistant Manager in Grade A, the salary structure ranges from Rs. 28,150 – Rs. 55,600 per month. For the post of Manager in Grade B, the salary structure ranges from Rs. 35,150 – Rs. 62,400 per month. In addition to the basic salary, employees are also entitled to various allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), and Medical Allowance.
National Bank for Agriculture and Rural Development also provides a conducive work environment and ample opportunities for skill development and career advancement. The organization offers regular training programs and encourages employees to pursue further education and professional certifications. National Bank for Agriculture and Rural Development also provides various employee benefits such as health insurance, group insurance, and retirement benefits.
NABARD Application Form:
The NABARD Application Form is the first step towards applying for the National Bank for Agriculture and Rural Development Recruitment Exam. The application process is generally conducted online on the official website of NABARD. The following are the steps involved in the National Bank for Agriculture and Rural Development Application Form process:
- Registration: Candidates have to register themselves on the official website of National Bank for Agriculture and Rural Development by providing their name, email ID, phone number, and other details.
- Filling up the Application Form: Once the registration is complete, candidates have to fill up the application form by providing details such as personal information, educational qualifications, work experience, etc.
- Uploading Documents: Candidates have to upload scanned copies of their photograph and signature as per the prescribed format and size.
- Payment of Application Fee: After filling up the application form, candidates have to pay the application fee through online mode using credit/debit card, net banking, or other payment modes as specified.
- Final Submission: After completing all the above steps, candidates have to submit the application form and take a printout of the same for future reference.
It is important to note that the National Bank for Agriculture and Rural Development Application Form process and dates may vary each year, so candidates are advised to refer to the official website for the latest updates and instructions.
NABARD Infrastructure:
- Regional Offices: NABARD has a network of 31 Regional Offices located in different parts of the country. These offices act as the interface between NABARD and its stakeholders, including State Governments, Banks, NGOs, and other organizations.
- Training Institutes: NABARD has two training institutes, namely NABARD Rural Development Institute (NRDI) and NABARD Consultancy Services (NABCONS) that provide training and capacity building to various stakeholders in the rural sector.
- Technology Infrastructure: NABARD has a robust technology infrastructure that includes a Data Centre, Disaster Recovery Centre, and various software applications for its operations.
- Financial Infrastructure: NABARD has a strong financial infrastructure with a Capital base of over Rs. 50,000 crore and a Credit Guarantee Fund for Micro, Small and Medium Enterprises (CGTMSE) of over Rs. 55,000 crore.
- Collaborations and Partnerships: NABARD has partnerships and collaborations with various organizations, including State Governments, Banks, International Development Agencies, and NGOs, to promote rural development and agriculture.
- Research and Development: NABARD has a Research and Development wing that conducts research on various aspects of rural development and agriculture to provide insights and recommendations for policy formulation and implementation.
NABARD Results 2023
- NABARD Grade A Prelims 2020: The result for National Bank for Agriculture and Rural Development Grade A Prelims 2020 was declared on September 24, 2020. The exam was conducted on September 24, 2020. A total of 3,460 candidates were selected for the mains exam.
- NABARD Grade A Mains 2020: The result for National Bank for Agriculture and Rural Development Grade A Mains 2020 was declared on December 24, 2020. The exam was conducted on September 24, 2020. A total of 222 candidates were selected for the interview round.
- NABARD Grade A Final Result 2020: The final result for National Bank for Agriculture and Rural Development Grade A 2020 was declared on January 12, 2021. A total of 154 candidates were selected for various posts in NABARD.
- NABARD Grade B Prelims 2020: The result for National Bank for Agriculture and Rural Development Grade B Prelims 2020 was declared on September 24, 2020. The exam was conducted on September 24, 2020. A total of 3,796 candidates were selected for the mains exam.
- NABARD Grade B Mains 2020: The result for National Bank for Agriculture and Rural Development Grade B Mains 2020 was declared on December 24, 2020. The exam was conducted on September 24, 2020. A total of 165 candidates were selected for the interview round.
- NABARD Development Assistant Prelims 2020: The result for National Bank for Agriculture and Rural Development Development Assistant Prelims 2020 was declared on November 24, 2020. The exam was conducted on November 29, 2020. A total of 14,088 candidates were selected for the mains exam.
- NABARD Development Assistant Mains 2020: The result for National Bank for Agriculture and Rural Development Development Assistant Mains 2020 was declared on January 20, 2021. The exam was conducted on December 20, 2020. A total of 887 candidates were selected for the final round.
Vacancy Process:
- Release of Notification: NABARD releases recruitment notifications for various positions on its official website.
- Online Application: Candidates who meet the eligibility criteria can apply online by filling out the application form and paying the application fee.
- Admit Card: Candidates who successfully apply for the exam can download their admit card from the official website.
- Preliminary Exam: Candidates who clear the preliminary exam are eligible to appear for the main exam.
- Main Exam: Candidates who clear the main exam are called for an interview.
- Interview: The final selection is based on the candidate’s performance in the interview.
- Document Verification: Candidates who are selected for the post are required to produce their original documents for verification.
- Final Appointment: Candidates who clear all the stages of the recruitment process are offered the job.
The number of vacancies and the recruitment process may vary depending on the position and the level for which the recruitment is being conducted.
Frequently Asked Questions on NABARD
The National Bank for Agriculture and Rural Development is known as NABARD. It is India’s top development bank that offers rural communities financing options, assistance with rural development, and other financial services.
On their official website, you can apply for a loan from NABARD online, or you can go to one of their branches to do so.
The eligibility criteria for a loan from NABARD depend on the scheme for which you are applying. Generally, applicants must be Indian citizens and meet certain income and asset criteria
There are three exams—a preliminary exam, a main exam, and an interview—involved in the NABARD hiring procedure. Candidates who pass the preliminary exam are qualified to take the main exam, and those who pass the main exam receive an interview invitation.
The salary of a Grade A officer in NABARD is around Rs. 63,000 per month.
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