• About Us
    • About Us

      Background

      Milestones

      Organogram

      Governance

      Board of Directors

      Corporate Social Responsibility

      Lotedh Scheme

      Social Club

      Management

      Senior Management

      Management Staff

  • Employers
    • Registration

      Process

      Requirements

      Membership

      Remittance of contribution

      Retirement of Employee

  • Products and Services
    • Scheme

      Joining the scheme

      Retirement from service

      Member Loan

      Housing Loan

      Member Home Loan

      Member Loan

      Education Loan

      Student Loan

      Pensioners

      Preparing for Retirement

      Benefits

      Dos and Don'ts for pensioners/beneficiaries and pension disbursing agencies.

      Benefit Disbursement

      Becoming a pensioner

      Eligibility Criteria and Benefit Formula

      Compliance Matters

  • Fund Management
    • Investment Product and Service

      Corporate Loans

      Real Estates

      Returns

      NPPF Venture Fund

  • Announcement
    • Announcements

      Career

      Other Annoucement

      Tender/Quotation

      Flat Vacancy

  • Downloads
    • Legislations

      Grievance Management procedure 2020

      Executive Order

      Housing Management Rules and Regulations, 2018

      Publication

      Annual Reports

      Pension and PF Forms

      PF Claim Form

      PF Remittance Format

      Non-Remarriage Certificate

      Lotedh Agreement

      Private PF Scheme Guidelines

      Enrolment Form

      Agreement for Private PF Scheme

      Form for updating spouse, children and nomination

      Private PF Claim Form

      Loan Forms

      Loan Care Insurance Form

      Member Home Loan Form (Corporations and RBA/RBG)

      Student Loan Application Form (Corporations and RBA/RBG)

      Student Loan Application Form (Civil and RBP)

      Education Loan Form (Corporations and RBA/RBG)

      Member Loan Application Form (For Civil Servant and RBP)

      Housing Loan Form

      Education Loan Form (For Civil Servant and RBP)

      Member Home Loan Form (For Civil Servant and RBP)

      Member Loan Application Form (Corporations and RBA/RBG)

      HR Forms

      Job Application Form

      Customer Grievance Forms

  • e-Services
    • Pension & PF Services
    • Loan Services

Vacancies Announcement for the post of Director, Investment Department.


Posted On   2021-11-26   |  Job

The National Pension and Provident Fund, Thimphu is pleased to announce the vacancy for the post of  Director, Investment Department (ToR ).

Qualification

- Should have a minimum of a Bachelors’ degree (full time) from a recognized university in Commerce / Economics / Finance.   

- Preference shall be given to applicants with Master’s Degree (full time) in Commerce / Economics / Finance during shortlisting only.  

Experience

- Should have a minimum of 15 years of relevant work experience (maximum of 18 months of study period for Master’s Degree and above shall be considered as active service); and   

- Should have served in a senior management position of Chief / General Manager / P1 level or above for a minimum of 3 (three) years.

Employment

- On contract for an initial term of 3 (three) years; and    

- The contract may be renewed for an additional term only depending on the performance, need, employees’ feedback.    

Remuneration

- Basic Pay of Nu. 75,000/-.  

- Contract Allowance - 40% of Basic Pay. 

- Other entitlements as per NPPF SRR.  

Other conditions:

  1. The candidate should not be more than 54 years of age at the time of submitting application;
  2. The selected candidate shall produce a ‘No Objection Letter’ from one’s employer, if currently employed before issuance of an appointment order; and
  3. NPPF shall not be responsible for the disqualification of your candidature resulting from non-submission of full and complete supporting document within the application deadline. 

Interested Bhutanese nationals who meet the above eligibility criteria may apply along with the following document copy: 

  1. Filled NPPF Job Application Form( Click here for application form );
  2. Latest signed resume;
  3. Academic transcripts with completion certificates (Masters / Bachelors) and relevant training certificates;
  4. Citizenship Identity Card;
  5. Medical fitness certificate for employment;
  6. Valid RBP security clearance;
  7. Valid audit clearance certificate;
  8. Recommendation letter from two referees (Current or past employers);
  9. Certified documents to support total number of years of work experience and position(s) held along with duration as per requirement given above;
  10. Any other documents and testimonials, as may be applicable to the vacancy;

Please note that the original documents must be presented during the time of job application submission. The shortlisted candidates shall be required to attend the selection interview at their own expense. The date and venue of the selection interview will be notified to shortlisted candidates only.

Candidates are requested to submit the application with above documents to Chief HRD. The application deadline is on or before 12 noon,26th December 2021.

The NPPF reserves the right to cancel the recruitment and selection process without assigning any reason thereof.

For further queries, please contact the HRAD at +975-2-324140 (Extn. 117) during office hours.

Lending Rate

"Available during office hours"

Contact Us



In line with RMA’s notification on the 3rd revision of MLR from 6.66% to 6.51% dated August 03, 2017, the National Pension and Provident Fund (NPPF) would like to inform that there is no change in the interest rates for member loan products. However, interest rate for corporate clients has been revised.

Revised Lending Rate
# Loan Product Tenor (Years) Current Rate
1 Education Loan 5 9.50%
10 9.70%
15 10.00%
2 Housing Loan (Commerical) 20 10.50%
3 Member Home Loan 20 9.0 % (fixed) and 8.0% (5-years reset)
4 Student Loan up to 15 8% during gestation 9% thereafter
5 Member Loan 5 8.5%
6 Flat Purchase 20 8.75% (fixed) and 7.75% (5-years reset)

© 2017 National Pension & Provident Fund. All Rights Reserved | Design by ICT team