Home India National Housing Bank In exercise of the powers conferred by section 55 of the Nat...
Date: 2025-10-30 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 55 of the National Housing Bank Act, 1987 53 of 1987, the Board, with the previous approval of the Central Government, hereby makes the following regulations further to amend the National Housing Bank

Issued by National Housing Bank · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document publishes the National Housing Bank (Officers') Service (Amendment) Regulations, 2025, effective from the date of its publication in the Official Gazette (October 30, 2025). The regulations amend the 1997 service regulations to introduce a provision for voluntary retirement for employees meeting specific service requirements. The regulations are issued under the authority of Section 55 of the National Housing Bank Act, 1987. **Key Points / Main Content** * **Regulation Title:** National Housing Bank (Officers') Service (Amendment) Regulations, 2025. * **Effective Date:** Date of publication in the Official Gazette (October 30, 2025). * **Amendment to 1997 Regulations (Regulation 14):** * Clause (c) of sub-regulation (2) is renumbered as clause (c) (i). * A new sub-clause (ii) is inserted before the first proviso, concerning voluntary retirement. * **Voluntary Retirement Conditions:** * Employees can voluntarily retire after giving the Competent Authority three months' written notice. * Condition 1: If the employee is not governed by the National Housing Bank (Employees') Pension Regulations, 2003, they must have completed twenty years of service. * Condition 2: If the employee is governed by the National Housing Bank (Employees') Pension Regulations, 2003, they must have completed twenty years of qualifying service as defined in those regulations. **Impact Analysis** **National Housing Bank Employees** * **Impact:** Provides an additional option for voluntary retirement for eligible employees. * **Action Required:** Employees considering voluntary retirement should review the eligibility criteria (20 years of service/qualifying service) and adhere to the three-month notice period. **Competent Authority** * **Impact:** Responsible for receiving and processing voluntary retirement notices from employees. * **Action Required:** Ensure adherence to the revised regulations when processing voluntary retirement applications, verifying eligibility, and handling the notice period.

Key Entities Referenced

National Housing Bank Act, 1987: The primary legislation authorizing the National Housing Bank and its functions. National Housing Bank: The regulatory body whose service regulations are being amended. National Housing Bank (Officers') Service Regulations, 1997: The original service regulations being amended by this notification. National Housing Bank (Employees') Pension Regulations, 2003: Regulations that affect the conditions of voluntary retirement.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-01112025-267321 xxxGIDHxxx CG-DL-E-01112025-267321 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 699] नई दिल्ली, बृहस्ट्प जतवार, अक्त बू र 30, 2025/ कार्तकव 8, 1947 No. 699] NEW DELHI, THURSDAY, OCTOBER 30, 2025/ KARTIKA 8, 1947 राष्ट्रीय आवास बकैं अजधसचू ना नई दिल्ली, 27 अक् तूबर, 2025 स.ं िी.एस.आर. एचओ/एचआरएमडी/डीओसी/2025/03246.— राष्ट्रीय आवास बैंक अजधजनयम, 1987 (1987 का 53) की धारा 55 द्वारा प्रित्त िजियों के प्रयोग से, जनिेिक मंडल, केन्द्र सरकार के पूवव अनमु ोिन से, राष्ट्रीय आवास बैंक (अजधकारी) सेवा जवजनयमन, 1997 में संिोजधत करन ेके अजतररि जनम्नजलजखत जवजनयमों का जनमावण करता ह,ै यथा - 1. (1) इन जवजनयमों को राष्ट्रीय आवास बैंक (अजधकारी) सेवा (सिं ोधन) जवजनयम, 2025 कहा िा सकता ह।ै (2) ये आजधकाररक रािपत्र म ेंप्रकािन की जतजथ स ेलाग ूहोंगे। 2. राष्ट्रीय आवास बैंक (अजधकारी) सेवा जवजनयम, 1997 के जवजनयम 14 के उप-जवजनयम (2) म,ें खंड (ग) को खडं (ग) (i) के रूप म ेंपुनःसंखयांदकत दकया िाएगा और इस प्रकार पुनःसंखयांदकत उप-खंड (i) के पश्चात् और प्रथम परंतुक के पूव,व जनम्नजलजखत उप- खंड अंतःस्ट्थाजपत दकया िाएगा, यथा: “ (ii) उप-खडं (i) पर प्रजतकूल प्रभाव डाले जबना, कोई कमी सक्षम प्राजधकारी को जलजखत में तीन महीने का नोरिस िेने के पश्चात ् स्ट्वेच्छा स े सेवाजनवृत्त हो सकता ह,ै बिते दक उसने बीस वर्व का सेवाकाल पूणव कर जलया हो, यदि वह राष्ट्रीय आवास बैंक (कमवचारी) पिें न जवजनयम, 2003 स े िाजसत नहीं ह,ै और यदि वह राष्ट्रीय आवास बैंक (कमवचारी) पिें न जवजनयम, 2003 द्वारा िाजसत ह,ै तो उसन े राष्ट्रीय आवास बैंक (कमवचारी) पेंिन जवजनयम, 2003 म ें पररभाजर्त बीस वर्व की अहकव सेवा परू ी कर ली हो। रंिन कुमार बरुन, महाप्रबधं क [जवज्ञापन-III/4/असा./426/2025-26] 7225 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] [नोि: राष्ट्रीय आवास बैंक (अजधकारी) सेवा जवजनयम, 1997 भारत के रािपत्र, असाधारण, भाग II, खडं 3, उपखंड (i) म ेंसंखया सा.का.जन. 213 (ई), दिनांक 11 अप्रलै , 1997 द्वारा प्रकाजित दकए गए थ,े और तत्पश्चात ् संखया सा.का.जन. 650 (ई), दिनांक 30 अक्िूबर, 1998, सखं या एनएचबी/एसिीएफ/पीओएल/27, दिनांक 12 जसतंबर, 2007 और संखया िी.एस.आर. एनएचबी/एसईआर/01/2014, दिनांक 23 मई, 2014 द्वारा संिोजधत दकए गए थे।] NATIONAL HOUSING BANK NOTIFICATION New Delhi, the 27th October, 2025 No. G.S.R. HO/HRMD/DOC/2025/03246.___In exercise of the powers conferred by section 55 of the National Housing Bank Act, 1987 (53 of 1987), the Board, with the previous approval of the Central Government, hereby makes the following regulations further to amend the National Housing Bank (Officers’) Service Regulations, 1997, namely: - 1. (1) These regulations may be called the National Housing Bank (Officers’) Service (Amendment) Regulations, 2025. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the National Housing Bank (Officers’) Service Regulations, 1997, in regulation 14, in sub-regulation (2), clause (c) shall be renumbered as clause (c) (i) and after sub-clause (i) as so renumbered and before the first proviso, the following sub-clause shall be inserted, namely: - “ (ii) Without prejudice to sub-clause (i), an employee may voluntarily retire after giving to the Competent Authority three months' notice in writing provided he has completed twenty years of service if he is not governed by the National Housing Bank (Employees’) Pension Regulations, 2003, and twenty years of qualifying service as defined in the National Housing Bank (Employees’) Pension Regulations, 2003, if he is governed by the National Housing Bank (Employees’) Pension Regulations, 2003.”. RANJAN KUMAR BARUN, General Manager [जवज्ञापन-III/4/असा./426/2025-26] [Noted: The National Housing Bank (Officers’) Service Regulations, 1997 were published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide No. G.S.R.213 (E), dated the 11th April, 1997, and were subsequently amended vide No. G.S.R. 650(E), dated the 30th October, 1998, No. NHB/STF/POL/27, dated the 12th September, 2007 and No. G.S.R. NHB/SER/01/2014, dated the 23rd May, 2014.] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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