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PFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts

Important details

Name of postPFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts
OrganisationPower Finance Corporation
Advertisement no.109/2026)
Job locationAll India
Total vacancies1 posts
Last date to apply30 October 2026
Pay / salaryThe selected candidate will receive a pay scale of Rs. 200000 - 370000 (IDA).
Selection processThe selection process is conducted by the Public Enterprises Selection Board through a selection meeting for qualified candidates short-listed for interview.
Posted on12 Oct 2026
Last updated12 Oct 2026

Official source: The official notification could not be read automatically (login page, scanned image or blocked). Please confirm on the official website. Official notification (cms.pfcindia.co.in)

Important Dates

  • Date of Notification09 October 2026
  • Total timeline for receipt of applications30 days from the date of uploading the Job Description on website of PESB
  • Last date to apply30 October 2026

Age Limit

  • On the date of occurrence of vacancy (01.05.2027), the age of superannuation is 60 years. For internal candidates, the minimum age is 45 years with 2 years residual service as on the date of vacancy w.r.t. the date of superannuation. For other candidates, the minimum age is 45 years with 3 years residual service as on the date of vacancy w.r.t. the date of superannuation.
  • The age of superannuation is 60 years. For internal candidates, the minimum age is 45 years with 2 years residual service. For others, the minimum age is 45 years with 3 years residual service as on the date of vacancy (01.05.2027).

Total Post

1 Posts

Salary / Pay Scale

  • The selected candidate will receive a pay scale of Rs. 200000 - 370000 (IDA).

Vacancy Details

Post NameScale of PayDate of VacancyTotal Vacancies
Chairman & Managing DirectorRs. 200000 - 370000 (IDA)01.05.20271
  • The Public Enterprises Selection Board has advertised 1 post for Chairman & Managing Director (a schedule 'A' CPSE) in Power Finance Corporation Limited (PFC).

Qualification

PostQualification Required
Chairman & Managing DirectorThe applicant should be an Engineering Graduate or Chartered Accountant or Cost Accountant or Post graduate or Graduate with MBA/PGDM from a leading Institute.

Experience Requirements

  • (i) The applicant should possess cumulative experience/exposure for at least 5 years during the last 10 years in Finance or Business Development or Production or Operations or Marketing or Project Management in a large organization of repute. Applicants having experience in Power Sector/ Infrastructure Finance will be given preference.
  • (ii) The applicants should possess cumulative experience of at least 5 years in core HR/IR/Personnel Management along with at least 3 years cumulative experience during the last 10 years in Finance or Business Development or Production or Operations or Marketing or Project Management in a large organization of repute. Applicants having experience in Power Sector/ Infrastructure Finance will be given preference.

Employment Status

  • The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the following: Central Public Sector Enterprise (CPSE) including a full-time functional Director on the Board; Central Government Group 'A' Officers including the Armed Forces of the Union and All India Services and officers from Public Sector Banks/ Financial Institutions/ Autonomous Bodies, etc.; State Public Sector Enterprise (SPSE) where annual turnover is Rs. 10,000 crore or more; Private Sector Company/ Joint Venture (JV) [50:50 JVs of Central Government/ State Governments and JVs of CPSEs with other CPSEs/ organisations (50:50 JVs)]/ National and State level Cooperative Federations whose annual turnover is Rs. 10,000 crore or more. In case of Private company, preference would be given to candidates from listed companies.

Selection Process and Exam Pattern

StageWho Takes ItScored or Qualifying
Selection Meeting / InterviewShortlisted qualified candidatesScored / Evaluated for selection

Official Links

LinkDetails
Official Notification PDFDownload the detailed advertisement notice
Official WebsiteVisit the official PESB portal
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More Details

  • Who Can Apply

Mode of Selection

  1. The selection process is conducted by the Public Enterprises Selection Board through a selection meeting for qualified candidates short-listed for interview.

How to Apply for PFC Recruitment 2026

  1. Fill up the Application Form online only against the Job Description on the website of PESB - PESB Application Form.
  2. Submit the application through the proper channel based on your employment category (such as Cadre Controlling Authority, Administrative Ministry, or Competent Authority).
  3. Ensure the application is submitted online by the applicant by 03:00 PM on 30.10.2026.
  4. Ensure the nodal officer or competent authority forwards the online application to PESB by 17.00 hours on 09.11.2026.
  5. Attach required documents including annual reports, board-level evidence, age proof, qualification certificates, and the 13 points proforma vigilance profile prescribed by CVC where applicable.
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Frequently asked questions

What is the last date to apply for PFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts?

The last date to apply is 30 October 2026.

How many vacancies are there in PFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts?

There are 1 posts in total.

What is the age limit for PFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts?

On the date of occurrence of vacancy (01.05.2027), the age of superannuation is 60 years. For internal candidates, the minimum age is 45 years with 2 years residual service as on the date of vacancy w.r.t. the date of superannuation. For other candidates, the minimum age is 45 years with 3 years residual service as on the date of vacancy w.r.t. the date of superannuation; The age of superannuation is 60 years. For internal candidates, the minimum age is 45 years with 2 years residual service. For others, the minimum age is 45 years with 3 years residual service as on the date of vacancy (01.05.2027).

What qualification is needed for PFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts?

Chairman & Managing Director: The applicant should be an Engineering Graduate or Chartered Accountant or Cost Accountant or Post graduate or Graduate with MBA/PGDM from a leading Institute. | Applicants should be an Engineering Graduate or Chartered Accountant or Cost Accountant or Post graduate or Graduate with MBA/PGDM from a leading Institute.

What is the selection process for PFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts?

The selection process is conducted by the Public Enterprises Selection Board through a selection meeting for qualified candidates short-listed for interview.

What is the official website for PFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts?

The official website is https://www.pfcindia.co.in/.