IFCI Recruitment 2016 – Apply for 41 Managerical Positions

IFCI Recruitment 2016 – Apply for 41 Managerical Positions. Industrial Finance Corporation of India (IFCI) Limited has announced a job notification for Indian nationals. IFCI is the first financial institution established by Indian Government, in the year 1948. This foremost financial institution has 41 vacancies for Managerical Positions under different domains.

Highly skilled, enthusiastic and post graduated aspirants only need to apply. Also, they must possess necessary Post qualification experience in relevant areas. The total vacancies are tentative and may change at any time.

IFCI Recruitment 2016:

The selected individuals are liable to get transferred anywhere in India under any of the Regional/ Head Offices/ Subsidiaries/ Associates of IFCI. Interview and/ or Group Discussion shall be the selection process followed by IFCI. Aspirants those who wish to apply for more than one post must submit separate applications for each designation. The job requirements and on-line mode of application procedure are provided in below section.

Organization Industrial Finance Corporation of India (IFCI) Limited
Designation General Manager, DGM, Manager, etc..
Vacancy Nos 41 Last Date 20-06-2016
Education MBA/ LLM/ LLB/ CA/ B.E/ B.Tech/ MCA/ PG

IFCI Vacancy Details:

No Name of Post Pay Scales Posts
1 General Manager (Credit, NPA Resolution & Recovery) Rs42300 – 52000/- 2
2 Deputy General Manager (Credit, Internal & Credit Audit) Rs39850 – 46150/- 4
3 Assistant General Manager (Technical) Rs28350 – 41400/- 1
4 Manager (Finance) Rs21000 – 36400/- 17
(Legal) 1
5 Assistant Manager (Finance) Rs17100 – 33200/- 15
(IT) 1
Grand Total 41

IFCI Recruitment Required Qualifications:

Persons willing to apply for Managerical Positions in IFSC should have finished MBA/ LLM/ LLB/ CA/ B.E/ B.Tech/ MCA/ Post Graduation or any equivalent qualification in relevant subjects from any government approved colleges.

Desirable Experiences for Managerical Posts:

In addition to the aforementioned qualification, the applying candidates must have an experience of 1 to 15 years in pertain fields. But fresher’s can also apply (only for Assistant Manager post).

Note: These qualifications and experiences vary according to the Position you are applying, in IFCI recruitment 2016.

Technical Skills Needed for Managerical Posts:

He/ She applying for General Manager (GM)/ Deputy GM vacancies in IFCI should have team building skills, capable to lead & work with team members and also must be able to inspire & communicate with them.

For Assistant General Manager designation, the preferable skills are that they should be well versed with systems & procedures for awards/ Banks & CVC guidelines etc. Apart from this, they should have knowledge in latest Fire Safety Systems and norms of office building, staff colonies etc.

IFCI Age Limits:

Age limit for General Manager post is from 45 to 50 years, Deputy General Manager is from 40 to 45 years and the upper age for Assistant General Manager should be below 50 years. The minimum age limit for Manager designation is 30 years and maximum age limit is 35 years. For Assistant Manager post the age limit is from 22 to 30 years.

The maximum age limit is computed as on March 31, 2016. The individuals applying for Managerical vacancies in IFCI will get age relaxations based on category, as mentioned below.

The SC/ ST/ PWD/ J&K Domicile candidates and Ex-Servicemen & Commissioned Officers will be given 5 years of upper age relaxation. OBC (NCL) category aspirants will get relaxation till 3 years. The PWD (SC / ST) persons will get maximum age reduction of 10 years and PWD (OBC) candidates shall get 8 years of age relaxation.

IFCI Modes of Selection:

The selection process contains Interview only. IFCI may also reject the unsuitable candidates based on higher qualifications and experiences. In that case, shortlisted individuals will only be permitted to attend the Interview process as intimated by institution.

If the applicants are invited for interview, they should submit their “5 years Performance Appraisal Ratings/ Confidential Reports” to “Ms. Pooja S Mahajan, General Manager (Human Resources), IFCI Limited, IFCI Tower, 61, Nehru Place, New Delhi – 110019” before scheduled date (given below in table).

Note: Sometimes Group Discussion will also be conducted by IFCI, to shortlist the number of applicants for interview.

Scale of Pay Given by IFCI:

The IFCI will give salary from Rs.17100 – 52000/- per month, based on designations (as mentioned in above table). Also, the appointees for Managerical Posts will get Dearness Allowance, Company Accommodation, Gratuity, PF, Group Personal Accident Insurance, Leave Fare Concession and other loans etc.

Fee Payment Mode of IFCI Recruitment 2016:

Both On-line and Offline mode of fee payment is accepted by IFCI. He/ She applying under Offline mode can pay the fee in any SBI Branch. Individuals applying through On-line mode can use Debit / Credit Cards / Internet Banking etc. for payment. For remitting fee, use Pre Acknowledgement Payment (PAP) form (also known as Bank Challan).

Except SC/ ST/ PWD category applicants, the appliers under General and OBC category should remit a fee of Rs.500/-. This application fee is non-refundable.

How to Apply for Managerical Posts in IFCI:

Eligible candidates can submit their applications through On-line mode. Click on the official website link of IFCI. Fill the details and verify it. After proper checking, submit your applications. Also, upload your self-attested photocopies of relevant credentials. Take printout copy of submitted application form, for future use.

Note: Aspirants working in any organization must upload a copy of “No Objection Certificate” as prescribed by IFCI.

Official Notification:

Click here

IFCI Recruitment 2016 Dates to Remember:

Starting date for On-line registration 1st June, 2016
Last date of application submission through On-line 20th June, 2016
Closing date for sending documents before interview Before 1 week of interview date.
Updated: 15-07-2016 — 10:33 am

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