Power Finance Corporation Limited Chairman & Managing Director Recruitment 2026

Public Enterprises Selection Board (PESB) for Power Finance Corporation Limited (PFC)All India1 Vacancies

The Public Enterprises Selection Board (PESB) invites applications for the Chairman & Managing Director position at Power Finance Corporation Limited (PFC) in 2026. Candidates who meet the eligibility criteria, including a minimum age of 45 years and required service period, can apply online by 9 November 2026.

Important: Always verify details on the official website. Dates, vacancies, and eligibility criteria may change. We collect data from various sources for informational purposes.

Power Finance Corporation Limited Chairman & Managing Director Recruitment 2026 – Overview

Application ModeOnline
Official Websitehttps://www.pfcindia.co.in/

Eligibility Explained

To be eligible for the Chairman & Managing Director post, candidates must be at least 45 years old and have a residual service period before superannuation. Internal candidates need a minimum of two years of residual service, while external candidates must have at least three years remaining before the retirement age of 60. Educationally, applicants should hold an engineering degree, or be a qualified Chartered Accountant, Cost Accountant, postgraduate, or a graduate with an MBA or PGDM from a reputed institution. Meeting these requirements is essential to be considered for shortlisting and further evaluation.

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.

Important Dates

Last Date to Apply09 November 2026

Important Links

PESB Application FormClick Here ↗
Official Notification PDFClick Here ↗

Frequently Asked Questions

Q: Who is eligible to apply for the Chairman & Managing Director post at PFC?
Candidates must be at least 45 years old with a minimum residual service period of 2 years if internal, or 3 years if external, before the age of 60. Educational qualifications include an engineering degree, Chartered Accountant, Cost Accountant, postgraduate degree, or an MBA/PGDM from a recognized institute.
Q: What is the last date to apply for the Chairman & Managing Director vacancy?
The last date to submit applications online through the PESB portal is 9 November 2026 by 5:00 PM.
Q: How many vacancies are there for the Chairman & Managing Director position at PFC?
There is one vacancy available for the Chairman & Managing Director role.
Q: Is there an application fee for applying to this position?
The notification does not mention any application fee for this recruitment.
Q: What is the pay scale offered for the Chairman & Managing Director post?
The pay scale for this position ranges from Rs. 2,00,000 to Rs. 3,70,000 under the Industrial Dearness Allowance (IDA) pattern.
Q: Where can I submit my application for this recruitment?
Applications must be submitted online through the Public Enterprises Selection Board (PESB) portal, accessible via the official PESB or PFC website.
Q: What is the selection process for the Chairman & Managing Director vacancy?
Shortlisted candidates will be called for a selection meeting or interview conducted by the PESB, where they will be evaluated for the final appointment.
Q: Can both internal and external candidates apply for this post?
Yes, the recruitment is open to both internal and external candidates, provided they meet the specified eligibility criteria including age and service requirements.