Power Finance Corporation Limited (PFC), a prestigious Maharatna CPSE under the Ministry of Power, invites applications for multiple dynamic roles across various disciplines. Based in New Delhi, PFC is hiring for positions such as Officers and Deputy Officers in IT, Civil Engineering, Law, and Finance domains. This is a golden opportunity to work in one of India’s leading organizations contributing to the nation’s power and infrastructure growth.
Job Title
Multiple Positions at Power Finance Corporation Limited (PFC)
Job Positions Available
- Officer (E2 Grade)
- Deputy Officer-1 (E1 Grade) – Legal
- Deputy Officer-2 (E1 Grade) – Company Secretary
- Deputy Officer-3 (E1 Grade) – IT Security/Network/Data Center Operations
- Deputy Officer-4 (E1 Grade) – Software Development
- Deputy Officer-5 (E1 Grade) – IT Configuration and Maintenance
- Deputy Officer-6 (E1 Grade) – Civil Engineering
Employer Name and Overview
Power Finance Corporation Limited (PFC) is a Maharatna CPSE under the Ministry of Power, Government of India. PFC is renowned for financing entities in the power and infrastructure sectors. It ranks 37th in Fortune 500 India and recently crossed ₹1 trillion in market capitalization, showcasing its position as an industry leader. With a net profit of ₹14,367 crores in FY 2023-24, PFC continues to make significant contributions to India’s development.
PFC provides employees with a healthy working environment, professional growth opportunities, and a chance to be part of impactful projects in the power sector.
Key Qualifications and Requirements
| Job Title | Minimum Qualification | Experience |
|---|---|---|
| Officer (E2 Grade) | Full-time B.E./B.Tech. + 2-Year MBA/PGDM/PGP in Finance/Power with 60% marks. | Not mandatory. |
| Deputy Officer-1 | Full-time LLB (3 years) or Integrated LLB (5 years) with 60% marks. | 1 year of experience in legal drafting and contract management. |
| Deputy Officer-2 | Company Secretary (CS) from ICSI with 60% marks (LLB desirable). | 1 year of experience in regulatory compliance and corporate governance. |
| Deputy Officer-3 | Full-time B.E./B.Tech. in CS/IT with 60% marks. | 1 year in IT security, cybersecurity, or network operations. |
| Deputy Officer-4 | Full-time B.E./B.Tech. in CS/IT with 60% marks. | 1 year in software development (e.g., .NET Core, SAP ABAP, S/4HANA). |
| Deputy Officer-5 | Full-time B.E./B.Tech. in CS/IT with 60% marks. | 1 year in IT configuration, network maintenance, or IT security administration. |
| Deputy Officer-6 | Full-time B.E./B.Tech. in Civil Engineering with 60% marks. | 1 year in estate management, safety compliance, or procurement. |
Important Dates
| Event | Date |
|---|---|
| Commencement of Applications | 24th January 2025 |
| Last Date to Submit Application | 13th February 2025 |
| Last Date for Payment | 13th February 2025 |
Salary Details
| Designation | Pay Scale (IDA) | Fixed Emoluments (Approx.) |
|---|---|---|
| Officer (E2 Grade) | ₹50,000 – ₹1,60,000 | ₹1,04,850 per month |
| Deputy Officer (E1) | ₹40,000 – ₹1,40,000 | ₹83,880 per month |
In addition to the basic pay, the compensation package includes:
- Housing Rent Allowance (HRA): 27% of basic pay.
- Perks and Allowances: 35% of basic pay.
- Other Benefits: Medical reimbursements, leased accommodation, group insurance, and performance-related pay (PRP).
Application Fees
| Category | Fee |
|---|---|
| General/OBC/EWS | ₹500 (non-refundable) |
| SC/ST/PwBD/ESM | No fee |
Application Process
- Online Registration
Visit PFC’s official website and register on the application portal. - Document Upload
Upload self-attested copies of the following documents:- Proof of date of birth (Class X certificate)
- Educational qualifications and marksheets
- Caste/category certificates (if applicable)
- Recent passport-sized photograph and scanned signature
- Payment of Fees
Pay the application fee online via Net Banking, Debit Card, or Credit Card. - Final Submission
Review your application details and submit it. Keep a printout of the application form and payment receipt for future reference.
Compensation and Benefits
PFC is committed to employee welfare and professional growth. The corporation offers a robust compensation package that includes:
- Medical facilities
- Superannuation benefits
- Loans and advances
- Group insurance
- Performance-related pay (PRP)
Additionally, employees gain access to professional training and development programs to enhance their skills.
Frequently Asked Questions (FAQs)
- What is the last date to apply?
Applications close on 13th February 2025. - What qualifications are required for the Officer position?
Full-time B.E./B.Tech. and a 2-year MBA/PGDM in Finance/Power with 60% marks. - Is work experience mandatory for all roles?
Experience is required for Deputy Officer roles, but not mandatory for the Officer (E2 Grade) role. - What is the salary range for these positions?
₹40,000 – ₹1,60,000, depending on the role and grade. - What is the application fee?
₹500 for General/OBC/EWS applicants. SC/ST/PwBD/ESM candidates are exempt. - Where are the job locations?
Primarily in New Delhi, with potential postings across PFC’s units. - Can I edit my application after submission?
No, applications cannot be edited after final submission. - Is remote work an option?
No, these roles are primarily based in physical office locations. - How do I know if my application is successful?
You will receive a confirmation email after successful submission and payment. - What is the selection process?
Shortlisted candidates may have to appear for written tests and interviews.
Important Links:
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