PFC Chairman & Managing Director Recruitment 2026
Quick Info
- Vacancies
- Vacancies: 1
- Employment Type
- Employment Type: Full Time
- Pay Scale
- Pay Scale: ₹200,000 - ₹370,000 per month
- Qualification
- Qualification: Engineering Graduate, Chartered Accountant, Cost Accountant, or Graduate/Post Graduate with MBA/PGDM from a leading institute.
- Experience Required
- Experience Required: Minimum 5 years cumulative exposure during the last 10 years in Finance, Business Development, Operations, or Project Management in a large organization.
- Age Limit
- Age Limit: Between 45 to 60 years
- Application Mode
- Application Mode: Apply Online
- Deadline
- Deadline:
Power Finance Corporation Limited is inviting applications for the executive post of Chairman & Managing Director in 2026. This prestigious Schedule A Maharatna appointment carries a monthly pay scale of ₹2,00,000–₹3,70,000 (IDA) alongside standard executive allowances. Candidates holding an Engineering degree, CA, Cost Accountant qualification, or MBA/PGDM from a recognized institute with relevant top-level management experience are invited to apply. It represents an influential leadership opportunity directing strategic operations across India's power finance sector.
- Minimum age eligibility is 45 years with required residual service prior to 60-year superannuation.
- Monthly pay matrix is structured at ₹2,00,000–₹3,70,000 under IDA scale guidelines.
- Requires at least 5 years of senior management experience in finance, business development, or operations within the past decade.
- Selection involves initial shortlisting by the Public Enterprises Selection Board followed by an interview.
- Online submissions must be completed on the PESB portal prior to the deadline on 30 October 2026.
Official Information
Use these links to view the official notification, recruitment page, or updates. They are not additional application steps unless stated in How to Apply.
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Additional Salary Information
Scale of Pay: Rs. 200000 – 370000 (IDA)
Important Dates
Selection Process
Shortlisting of applications Interview
Application Fees
No Application Fee
Reservation
As per Government of India directives for CPSE Board-level appointments.
How to Apply
- Visit the official portal of PESB at https://pesb.gov.in/.
- Fill out the online application form against the Chairman & Managing Director post for PFC.
- Submit the application online before 03:00 PM on 30 October 2026.
- Ensure proper channel endorsement or forwarding through the Nodal Officer by 05:00 PM on 09 November 2026 where required.
Frequently Asked Questions
The pay scale for the Chairman & Managing Director position ranges from ₹2,00,000 to ₹3,70,000 per month (IDA).
Applicants must be an Engineering Graduate, Chartered Accountant, Cost Accountant, or a Post Graduate/Graduate with an MBA/PGDM from a leading institute.
The minimum age is 45 years on the date of occurrence of vacancy, with maximum age subject to residual service prior to superannuation at 60 years.
