PESB PFC Recruitment 2026: 1 Chairman & Managing Director – Apply Online @ pesb.gov.in

Notice information

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Post-Wise Vacancy & Pay Scale

Educational Qualification for CMD

• Engineering Graduate, OR
• Chartered Accountant (CA), OR
• Cost Accountant (CMA), OR
• Post Graduate in any discipline, OR
• Graduate with MBA / PGDM from a leading Institute

Age Limit & Residual Service

• Superannuation age: 60 years (as on date of occurrence of vacancy — 01.05.2027)
• Internal candidates: Minimum 45 years with 2 years residual service as on date of vacancy
• All other candidates: Minimum 45 years with 3 years residual service as on date of vacancy

Selection Process & Screening Clause

• The selection is carried out by the Public Enterprises Selection Board (PESB) through a selection meeting (interview) with shortlisted qualified candidates. Key details:
• Stage 1 — Application Screening: Applications received through proper channel are screened for eligibility against prescribed qualifications, experience, age, and employment status criteria.
• Stage 2 — Selection Meeting / Interview: Shortlisted candidates are evaluated in a scored selection meeting conducted by PESB.
• TA/DA: Candidates must check the official notification for TA/DA provisions.
• No written examination is prescribed. Selection is based entirely on the interview/selection meeting.

How to Apply for PFC Chairman & Managing Director Recruitment 2026

• Fill up the application form online on the PESB website against the Job Description for CMD, PFC.
• Submit the application through the proper channel based on your employment category (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 / 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).

Required Documents & Instructions for Candidates

• Age Proof Certificate (Matriculation / Birth Certificate)
• All Degree and Qualification Certificates (Engineering / CA / CMA / PG / MBA / PGDM)
• Cumulative Experience Certificates on Official Letterhead for the last 10 years
• Annual Reports and Board-Level Evidence of current organisation
• 13 Points Proforma Vigilance Profile prescribed by CVC (if applicable)
• Valid Category / Caste Certificate in Central Government prescribed format (if applicable)
• Two recent passport-size photographs and valid Photo ID proof

Is there any application fee for PESB PFC CMD Recruitment 2026?

• The official notification does not state any application fee for this recruitment. Candidates should verify in the detailed notification PDF.

What is the monthly pay scale for the Chairman & Managing Director of PFC?

• The pay scale is Rs. 2,00,000 – Rs. 3,70,000 (IDA) per month, corresponding to a senior executive board-level position at a Schedule 'A' CPSE.

What educational qualification is required for PFC CMD Recruitment?

• The candidate must be an Engineering Graduate, or Chartered Accountant, or Cost Accountant, or Post Graduate, or a Graduate with MBA/PGDM from a leading Institute, along with minimum 5 years of relevant senior-level experience in a large organisation.