Managing Director – National Backward Classes Finance & Development Corporation 2026
Quick Info
- Vacancies
- Vacancies: 1
- Employment Type
- Employment Type: Full Time
- Pay Scale
- Pay Scale: ₹160,000 - ₹290,000 per month
- Qualification
- Qualification: Engineering Graduate, Chartered Accountant, Cost Accountant, or Post Graduate/Graduate with MBA/PGDIM from a recognized institute.
- Experience Required
- Experience Required: Minimum 5 years of cumulative experience in Finance, Business Development, Production, Operations, Marketing, or Project Management in a large organization.
- Age Limit
- Age Limit: Between 40 to 60 years
- Application Mode
- Application Mode: Hybrid Application
- Deadline
- Deadline:
National Backward Classes Finance & Development Corporation is seeking a visionary Managing Director to serve as the Chief Executive for this Schedule 'C' CPSE. The successful candidate will oversee 1 vacancy and manage all corporate activities including financial, personnel, and project implementation with a lucrative pay scale of ₹1,60,000–₹2,90,000. Applicants must hold an Engineering degree, CA, or MBA and possess at least 5 years of senior-level experience in finance or business development. This high-impact role offers the unique opportunity to lead national-level economic development initiatives for backward classes under the Ministry of Social Justice and Empowerment.
- The appointment is for a fixed term of five years or until the date of superannuation at 60 years.
- Candidates must have at least 5 years of experience in Finance, Business Development, or Operations within the last 10 years.
- Applicants from private sector companies must belong to entities with an annual turnover of at least ₹500 crore.
- The selection process involves shortlisting followed by a personal interview conducted by the PESB.
- Online applications must be submitted by 3:00 PM on June 15, 2026, followed by proper channel forwarding.
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Additional Salary Information
Pay Scale: ₹1,60,000 – ₹2,90,000 (IDA) plus applicable allowances and benefits as per Schedule 'C' CPSE norms.
Important Dates
Selection Process
Shortlisting of Applications Personal Interview Document Verification Medical Examination
Application Fees
No application fee
Reservation
Refer official detailed notification for category-specific details
How to Apply
- Visit the official PESB portal at https://pesb.gov.in/ Register and fill out the online application form for the Managing Director post.
- Submit the online application before the deadline of 15.06.2026 (03:00 PM).
- Print the submitted application form.
- Forward the printed application through the proper channel (Cadre Controlling Authority or Administrative Ministry).
- Private sector candidates should submit the application and required documents directly to PESB.
- Ensure all documents reach the Secretary, PESB, New Delhi by the specified nodal officer deadline.
Frequently Asked Questions
The monthly pay scale for the Managing Director position is ₹1,60,000 to ₹2,90,000 in the IDA pattern.
Candidates should be an Engineering Graduate, Chartered Accountant, Cost Accountant, or hold a Graduate/Post Graduate degree with an MBA or PGDIM.
The minimum age required is 40 years, with the maximum age being the date of superannuation, which is 60 years.
