PFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts
Important details
| Name of post | PFC Recruitment 2026 – Apply Online for Chairman & Managing Director Posts |
|---|---|
| Organisation | Power Finance Corporation |
| Advertisement no. | 109/2026) |
| Job location | All India |
| Total vacancies | 1 posts |
| Last date to apply | 30 October 2026 |
| Pay / salary | The selected candidate will receive a pay scale of Rs. 200000 - 370000 (IDA). |
| Selection process | The selection process is conducted by the Public Enterprises Selection Board through a selection meeting for qualified candidates short-listed for interview. |
| Posted on | 12 Oct 2026 |
| Last updated | 12 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 Name | Scale of Pay | Date of Vacancy | Total Vacancies |
|---|---|---|---|
| Chairman & Managing Director | Rs. 200000 - 370000 (IDA) | 01.05.2027 | 1 |
- The Public Enterprises Selection Board has advertised 1 post for Chairman & Managing Director (a schedule 'A' CPSE) in Power Finance Corporation Limited (PFC).
Qualification
| Post | Qualification Required |
|---|---|
| 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. |
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
| Stage | Who Takes It | Scored or Qualifying |
|---|---|---|
| Selection Meeting / Interview | Shortlisted qualified candidates | Scored / Evaluated for selection |
Official Links
| Link | Details |
|---|---|
| Official Notification PDF | Download the detailed advertisement notice |
| Official Website | Visit the official PESB portal |
- FOLLOW US
More Details
- Who Can Apply
Mode of Selection
- 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
- Fill up the Application Form online only against the Job Description on the website of PESB - PESB Application Form.
- Submit the application through the proper channel based on your employment category (such as Cadre Controlling Authority, Administrative Ministry, or Competent Authority).
- Ensure the application is submitted online by the applicant by 03:00 PM on 30.10.2026.
- Ensure the nodal officer or competent authority forwards the online application to PESB by 17.00 hours on 09.11.2026.
- 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.
Important Links
| Apply At (PESB Application Form) | Click Here pfcindia.co.in |
|---|---|
| Official Notification PDF | Download cms.pfcindia.co.in |
| Official Website | Click Here pfcindia.co.in |
| Particulars | Details |
| Organisation or Board | Public Enterprises Selection Board (PESB) for Power Finance Corporation Limited (PFC) |
| Advertisement No. and date | Advt. No. 109/2026 / Dated: 09/10/2026 (No. 6/11/2026-PESB) |
| Posts | Chairman & Managing Director |
| Total Vacancies | 01 |
| Who Can Apply | Internal and external candidates meeting specific employment status, scale, and eligibility criteria |
| Pay | Rs. 200000 - 370000 (IDA) |
| Application Fee | Not stated in the notice |
| Application Window | Online submission up to 17.00 hours on 09.11.2026 |
| Exam Date | Not stated in the notice |
| Selection | Selection meeting scheduled by PESB |
| Link | Details |
| Official Notification PDF | Download the detailed advertisement notice |
| Official Website | Visit the official PESB portal |
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/.