Indian Railway Finance Corporation Recruitment Notification 2015

 Indian Railway Finance Corporation Limited (IRFC) has issued a recruitment notification for the recruitment of Managing Director through recruitment notification –  Indian Railway Finance Corporation Limited (IRFC) Recruitment 2015 –  NO. 6/7/2015-PESB. Candidates who have completed CA, ICWA, MBA  can apply for the new recruitment notification from  Indian Railway Finance Corporation Limited (IRFC).

Eligible candidates can apply offline for the Managing Director Job on or before 05/10/2015. Find more information about the vacancy like Age limit, Selection Process, Qualification, Application fee, How to apply etc can be found below.

Company Name :   Indian Railway Finance Corporation Limited (IRFC)
Vacancy Name : Managing Director
Educational Qualification : CA, ICWA, MBA/PGDM
Total No of Vacancy : 01 Post
Salary : Rs. 80,000-1,25,000/-  p.m
Job Location : New Delhi
Last Date to Apply for this job : 05/10/2015
Address for the Job Vacancy : (Department of Personnel and Training) Block No.14, C.G.O. Complex, Lodhi Road New Delhi – 110003

Detail of  Indian Railway Finance Corporation Limited (IRFC) Managing Director Recruitment:

Sub: Selection for the post of MANAGING DIRECTOR, INDIAN RAILWAY FINANCE CORPN. LTD(IRFC) in schedule ‘A’ of the CPSE. The Public Enterprises Selection Board (PESB) is seeking qualified candidates for the post of MANAGING DIRECTOR, INDIAN RAILWAY FINANCE CORPN. LTD(IRFC) in schedule “A” of the CPSE, the scale of pay of the post being Rs. 80,000-1,25,000/- (REVISED). A copy of the job description for the post is enclosed. It is requested that names of candidates seniority-wise who are eligible as per job description for the said post alongwith their up-to-date bio-data (in the prescribed form) duly endorsed may kindly be forwarded to PESB by 05 October 2015 . It is also requested that advance action may be taken to keep the ACRs for last 5 years, of those candidates ready alongwith their latest vigilance profile [(i) penalty imposed, if any during the last 10 years (ii) details of disciplinary action initiated/being initiated if any, etc.] to be furnished as and when the selection meeting is scheduled. In case the relevant details are not received within the stipulated time, it will be assumed that there are no eligible candidates to be sponsored for the post.

Post              No of post Qualification Salary Age
MANAGING DIRECTOR 1 The applicant should be a graduate with good academic record from a recognised university/institution. He should possess adequate experience at a senior level of management in a large organisation of repute. Persons preferably with CA/ICWA/MBA qualifications and having experience in management and familiarity with Finance will have added advantage. Knowledge of financial accounting including lease accounting and Company practices is desirable. Officers of CPSEs. Candidate should, on the date of vacancy, be working in the following or a higher pay scale: Rs. 8250-9250 (IDA) Rs. 11500–13500 (IDA) Post 01.01.1992 Rs. 23750–28550 (IDA) Post 01.01.1997 Rs. 62000–80000 (IDA) Post 01.01.2007 Rs. 22400-24500 (CDA) Rs. 67000–79000 (2006 – CDA) The minimum length of service required in the eligible scale will be one year for internal candidates, and two years for others as on the date of vacancy
  1. Internal 45-58
  2. Others 45- 57
  1. DURATION OF APPOINTMENT The appointment shall be for a period of five years or upto the date of superannuation whichever is earlier.
  2. SUBMISSION OF APPLICATIONS Prospective candidates from the Central Public Sector and Government officers shall submit their applications, through proper channel, in the format at Annexure. The applications for various categories of the officers are routed through proper channel as follows: a) For Government Servants: through Cadre Controlling authority. b) For CMD’s/MD’s/Director’s in CPSE: through the concerned administrative Ministry. c) For below Board level in CPSE: through the concerned CPSE.
  3. UNDERTAKING BY THE APPLICANT/CANDIDATE a) An applicant has to give an undertaking as a part of the application that he/she will join the post, if selected. If an applicant does not give such undertaking, the application would be rejected. b) If a candidate who appeared for the interview and is selected by the PESB, conveys his/her unwillingness to join after the interview is held, but before the appointment is processed, he/she would be debarred for a period of two years for being considered for a Board level post in any CPSE other than the one to which the candidate belongs. c) If a candidate gives his/her unwillingness to join after the issue of offer of appointment, he/she would be debarred for a period of two years from the date of offer of appointment from being considered for a Board level post in any CPSE other than the one to which the candidate belongs. d) In the above cases, no request for relaxation or otherwise would be entertained.


Selection Procedure for  Indian Railway Finance Corporation Limited (IRFC) – Managing Director Post: 

  1. Candidates can apply on or before    05/10/2015.
  2. No detailed information about the selection procedure is mentioned in the recruitment notification.


How to apply for Managing Director Vacancy in  Indian Railway Finance Corporation Limited (IRFC) :

  1. Annexure may be downloaded from the website of PESB.
  2. Last date of receipt of applications in PESB is 05 October 2015. No application shall be entertained under any circumstances after the stipulated date. Incomplete applications and applications not submitted as per the prescribed format are liable to be REJECTED.
  3. Board reserves the right to shortlist candidates for interview.
  4. Applications are to be addressed to SHRI RAJIV RAI, Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi- 110003.


Important dates to remember :

Last Date to Apply for this job 05/10/2015


 Indian Railway Finance Corporation Limited (IRFC) Recruitment 2014 –  NO. 6/7/2015-PESB.

Similar Jobs
State Bank of India
Bangalore Metro Rail Corporation limited
West Central Railway
Bharat Electronics Limited
India Post
Hindustan Copper Limited
Tata Motors Limited
Hindustan Aeronautics Limited
Bharat Heavy Electricals Limited