ADVERTISEMENT TO BE PUBLISHED IN EMPLOYMENT NEWS / PFC WEBSITE

POWER FINANCE CORPORATION LIMITED

(A Government of India Undertaking)
Urjanidhi 1 Barakhamba Lane,
New Delhi-110 001.
Website: www.pfcindia.com

Advertisement No: 04/2016

Power Finance Corporation Ltd. (PFC), a Navratna Company providing financial assistance to the various entities in the power sector has consistently been
rated as Excellent by the Government of India in the achievement of its MOU targets.

Having cumulative sanctions ofs`5.27 lakh crores (approx.) and disbursement of `3.92 lakh crores (approx.) upto 31 March, 2016; PFC is geared up to meet
st

the challenges faced by the Power Sector. In order to augment manpower resources, PFC is looking for dynamic, committed and self-motivated professionals
for its various units:

S.No Position Scale of Total Reservation Qualification Experience & Age Limit
pay vacancies
1. Deputy Manager `32900- 01 ST* B.E. / B.Tech. (Electrical/ Electronics/ Minimum 7 years post qualification experience
(Technical) 3%-58000 Instrumentation & Control/ Electronics in Power Sector in general and at least 2 years
(on IDA & Communication/ Electronics & in Renewable Energy Sector (Wind, Small
pay Telecommunication/ Mechanical/
Manufacturing/ Industrial/ Production/
Hydro, Biomass, Solar).
pattern)
Power/ Energy or any combination of
these specializations) Preferably should have experience in any of the
areas in Project Design, Implementation and
AND Operation & Maintenance.

MBA/ PGP/ PGDM/ PGDBM/ The candidate should have worked for
PGDBA with specialization in minimum 3 years in the scale of `29100-3%-
Finance/ Power 54500 under IDA pattern or equivalent.

(Minimum 60% marks in both Maximum age limit: 35 years

Graduation and Post Graduation)

2. Assistant Manager Rs. 29,100- 02 UR-01 Graduate in any Stream and Minimum 4 year post qualification experience in
(Administration) 3%-54,500 ST-01 * Full time MBA/Post Graduate executive cadre in Govt. /PSU - in General office
/E4 Degree/Diploma of 2 years full time Administration like Housekeeping/Security/Tours,
(on IDA regular program with specialization in Travel, transport, Hotel arrangement/Canteen/Store
HR or PGP/PGDM/PGDBM/PGDBA of and Inventory/Logistic arrangement/handling contract
pay
2 years full time regular program with labour/Compliances of statutory provision relating to
pattern)
S.No Position Scale of Total Reservation Qualification Experience & Age Limit
pay vacancies
specialization in HR (Min. 60% marks in labour laws/Liaison with Govt. agencies, ministry,
both Graduation & Post Graduation) etc./ experience in procurement, contracts and
material management.
(OR)
The candidate should have worked for
BE/B.Tech. (Electrical/ Mechanical) minimum 3 years in the scale of `24900-3%-
60% marks.
MBA (F) / (2 years full time) is desirable
50500 under IDA pattern or equivalent

Maximum age limit: 32 years

3. Asstt. Manager `29100- 01 OBC (NCL)* Essential: BE /

Total post Qualification Experience of five
(Technical)/E4 3%-54500 B.E./ B.Tech. (IT/CS)
(on IDA years in the following areas:
pay Desirable: Essential:
pattern) MBA Conceptualization of IT Project in
Distribution and its Project Management.
(Minimum 60% marks in both IT based Project Management of
Graduation and Post-Graduation) Infrastructure Projects
Desirable:
Web designing and Web based application
development / Contemporary Mobile App
Development
IT System designing

The candidate should have worked for

minimum 3 years in the scale of `24900-3%-
50500 under IDA pattern or equivalent.

Maximum age limit: 33 years

S.No Position Scale of Total Reservation Qualification Experience & Age Limit
pay vacancies
4. Officer(Finance)/ `24900- 02 UR-01 Graduation with minimum 60% marks Minimum 1 year post qualification experience in
E3 3%-50500 PWD (HH)*- & CA/ICWA(CMA) NBFC / Bank / Financial Institution / RBI/ Power
(on IDA 01 (additional qualification of MBA- Sector in the field of Resource Mobilization/
pay Finance is desirable) Disbursement/ Recovery/ Corporate Accounts/
pattern) Taxation/ Lending Policy, etc.
OR
B.Com. & MBA/ PGP/ PGDM/ Maximum age limit: 29 years
PGDBM/ PGDBA with specialization in
Finance
(Min. 60% marks in both Graduation
and Post-Graduation)

5. Junior Officer Rs. 03 UR-03 Graduate in any Stream and Minimum 8 year experience in different areas
(Protocol & 12,600- MBA/Post Graduate of working level in protocol services/
Administration) 3%- Degree/Diploma of 2 years with employees welfare/ contract
/E0 32,500 specialization in HR or labour/Establishment in Govt/ PSU.
(on IDA PGP/PGDM/PGDBM/PGDBA of 2
pay years with specialization in HR Maximum age limit 36 years.
patern) (Min. 50% marks in both
Graduation & Post Graduation)

6. Translator `15500- 02 PWD (HH)- 1.Post graduation in Hindi with Minimum 3 years of post-qualification
(Hindi)/ (W07) 3%-34500 01* English as a subject in graduation experience in a Central/ State Govt
(on IDA UR-01 or Department/ PSU relating to translation work
pay Post-graduation in English with from English to Hindi and Hindi to English.
pattern) Hindi as a subject in Graduation
Preference shall be given to candidates having
(Minimum50% marks in both experience of translation of technical and
Graduation and Post Graduation) financial documents.

AND Knowledge of proofreading is desirable.

2.Degree/Diploma in Translation Maximum age limit: 31 years.

(English to Hindi and Hindi to
English) or 3-month course
conducted by Central Translation
Bureau, Ministry of Home Affairs
in translation
S.No Position Scale of Total Reservation Qualification Experience & Age Limit
pay vacancies
AND

3.Knowledge of MS Office
applications is mandatory

NOTE:

1. Candidates working in private sector must have worked for minimum 3 years at minimum CTC of `87,400/- per month and `74,700/-pm for applying to a post
at the level of Deputy Manager and Assistant Manager, respectively.

2. A written test/ computer-based test may be conducted in case the eligible applications received against any of the above posts are large in number. The test
will comprise of questions on the knowledge about power sector, general awareness and aptitude test (reading comprehension, verbal/ non-verbal reasoning,
numerical ability/ quantitative aptitude, data interpretation, etc.).

COMPENSATION PACKAGE:

The company offers compensation package which includes Basic pay and DA (on IDA pay pattern) with benefits such as leased accommodation, conveyance
reimbursement, medical facilities, group insurance, CPF, Gratuity and other fringe benefits. Performance Related Pay (PRP) will be payable as per norms.

Fixed Emoluments
Designation at Minimum of Basic Salary at Maximum of Basic Salary Other benefits
(Minimum Basic Pay+ DA+ HRA+ 49.9% of (Maximum Basic Pay+ DA+ HRA+ 49.9% of
Perks & Allowances) Perks & Allowances)
Deputy Manager `98,700/- approx. `1,74,000/- approx. Lease in Lieu of HRA, Monthly
Conveyance Reimbursement,
Assistant `87,400/- approx. `1,63,600/- approx. Uniform Reimbursement,
Manager Medical Reimbursement,
Officer `74,700/- approx. `1,51,000/- approx. Performance Related Pay (PRP),
Superannuation benefits @ 30%
Junior Officer `37,800/- approx. `97,500/- approx.

Translator (Hindi) `46,500/- approx. `1,03,000/- approx.

SUITABILITY OF POSTS FOR PWD CANDIDATES:

Reservation and appointment to PWDs shall be admissible in accordance with DoPT O.M. No. 36012/24/2009-Estt(Res) dated 03.12.2013. Persons suffering
from not less than 40% of the relevant disability shall alone be eligible for the benefit of reservation. Disabilities identified for the above posts are as follows:-

DISCIPLINE POSTS IDENTIFIED SUITABLE FOR PWD TYPE OF DISABILITY LEGEND

Technical Posts at S.No 1 & 3 SUITABLE FOR OL, OL = one leg, OA=one arm, HH = hearing handicapped, LV=
OA, LV, HH low vision
Rajbhasha Posts at S.No 6 SUITABLE FOR OA, OA=one arm, OL=one leg, BL=both legs, B=Blind, LV=low
OL, BL, B, LV, HH vision, HH= hearing handicapped,
Finance Posts at S. No 4 SUITABLE FOR OA, OA=one arm, OL = one leg, BL = both legs, HH = hearing
OL, BL, HH handicapped
Administration Posts at S. No 2 and 5 SUITABLE FOR OA, OA=one arm, OL=one leg, BL=both legs, OAL=one arm & one
OL, BL, OAL, B, LV, leg, B=Blind, LV=low vision, HH= hearing handicapped,
HH

RELAXATIONS/ CONCESSIONS:

*All criteria mentioned above are for general candidates, however, relaxation of age, experience, percentage of marks in qualification, etc. as per Govt.
guidelines shall be applicable for the vacancies reserved for SC/ST/OBC/PwD and Ex-Servicemen candidates.

The reserved category candidates are required to submit the caste/ category certificate in prescribed format of Government of India, issued by the
Competent Authority, in support of their claim. In addition, the OBC-NCL (OBC-Non Creamy layer) candidates will be required to submit a valid caste
certificate in the revised format applicable for the purpose of reservation in appointment to posts under Government of India/ Central Government
Public Sector Undertaking as contained in DoPT OM No 36036/2/2013-Esstt(Res.) dated May 30, 2014 from a Competent Authority. The revised
format can also be downloaded from our website www.pfcindia.com (career page). Further, the OBC-NCL candidates will have to submit an
undertaking at the time of Personal Interview, if called for, indicating that they belong to OBC-Non Creamy Layer.

The OBC candidates who belong to Creamy Layer are not entitled for concession admissible to OBC-NCL candidates and such candidates will have
to indicate their category as General.

If the SC/ST/OBC/PwD certificate has been issued in a language other than English/Hindi, then the candidates will be required to submit a self-certified
translated copy of the same in either English or Hindi.

Maximum age limit is relaxable by 5 years for SC & ST category and 3 years for OBC-NCL category for reserved vacancies. Maximum age limit is
relaxable by 10 years for PwD from UR category, 13 years for PWD from OBC-NCL category and 15 years for PwD from SC/ST category for all
vacancies subject to suitability of post for the type of disability.

Maximum age limit is relaxable by 5 years for candidates domiciled in Jammu & Kashmir between 01.01.1980 and 31.12.1989.

In case of Ex-servicemen who have put in not less than six months continuous service in the Armed Forces of the Union, they shall be allowed to
deduct the period of such service from their actual age, and if the resultant age does not exceed by more than 03 years the maximum age limit
prescribed for the post/ services for which a candidate seeks appointment, he/ she be deemed to satisfy the conditions regarding the age limit.

Relaxed standards in minimum percentage of marks in qualification for the vacancies reserved for SC, ST & PwD candidates is pass grade.
 Relaxation in minimum post qualification experience for the vacancies reserved for SC, ST & PwD candidates is a) A maximum of one year if
prescribed experience is 3-5 years b) A maximum of two years if prescribed experience is 6-10 years

GENERAL CONDITIONS:

1. All qualifications w.r.t. posts at S No. 1, 2, 3 and 4 should be full time.

2. All qualifications for the above posts should be from Universities/Institutions recognized and approved in India by AICTE/ UGC / appropriate
statutory authority.

3. Candidates belonging to Government/Semi-Government organization/PSU should normally send their application through proper channel. However, in
the event of difficulty, they may send the application directly and they will have to produce relieving order from their organization in the event of their
selection.

4. Incomplete applications or applications received late will be summarily rejected.

5. All computations of age/minimum experience requirement/qualification shall be done w.r.t. December 12, 2016. The date of declaration of
result/issuance of mark sheet shall be deemed to be the date of acquiring the qualification and there shall be no relaxation on this account. Post
qualification executive experience on a post/level shall be counted only from the date of assumption of charge.

6. The mere fact that a candidate has submitted the application against the advertisement and apparently fulfilling criteria as prescribed in the
advertisement would not bestow on him/her the right to be called for interview/considered for selection process.

7. The total number of projected vacancies indicated in this advertisement may increase/ decrease/ be cancelled at the discretion of PFC Management, if
need so arises, without any further notice and without assigning any reason thereof.

8. Positions are advertised for PFC, postings can be at any of the Units/Projects/Regional Offices/JVs/Subsidiaries of PFC. All posts are transferable at
the sole discretion of the Management.

9. Single to and fro fare by the shortest route as per the Corporations rules will be paid to outstation candidates called for interview on production of
ticket/ proof of journey.

10. The eligibility w.r.t. Nationality will be as per the existing policy of the Corporation. While applying for any post, the applicant should ensure that he/she
fulfills the eligibility and other norms mentioned above, as on the specified dates and that the particulars furnished are correct in all respects. In case it
is detected at any stage of recruitment that a candidate does not fulfill the eligibility norms and/or that he/she has furnished any incorrect /false
information or has suppressed any material fact(s), his/her candidature will stand automatically cancelled. If any of the above shortcoming(s) is/are
detected even after appointment, his/her services are liable to be terminated without any notice.

11. Any legal proceeding in respect of any matter of claim or dispute arising out of this advertisement and/or any application in response thereto can be
instituted only in Delhi and courts/ tribunals/ forums at Delhi only shall have sole and exclusive jurisdiction to try any such cause/dispute.

12. PFC will not be responsible for any postal delay/ loss in transit in submission of documents within specified time.

13. In case any ambiguity/dispute arises on account of interpretation in version other than English, English Version will prevail.

HOW TO APPLY:
Eligible applicants would be required to Register and Apply Online through PFC's website i.e. www.pfcindia.com (career page) from 1000 hours on
November 21, 2016 to 1700 hours on December 12, 2016. After successful registration, a copy of challan form will be generated in triplicate with a unique
application ID printed over it. Applicants will be required to deposit a non-refundable application fee of `500/- (not applicable for SC/ST/PwD/Ex-servicemen
candidates) in cash at any SBI branch along with the Bank copy of challan form on any day after the generation of challan form (not on the same day) but
not later than December 15, 2016. In addition to the application fee of `500/-, the Bank charges (as applicable) shall be paid separately to the Bank directly by
the candidate as per the challan form. Candidates are required to take printout of the system generated Registration-cum-Application form. A recent passport
size photograph must be affixed on the Registration-cum-Application form and the same should be sent along with the PFC copy of challan and the self
attested photo copy of proof of date of birth, category, qualifications (showing percentage, specialisation, etc.), experience (showing the date of joining,
relieving & the desired pay scale for three years, etc.) and last emoluments drawn by Post, in a cover superscribing APPLICATION FOR THE POST OF
, Application No addressed to The Deputy Manager (HR), Power Finance Corporation Limited, 1, Urjanidhi,
Barakhamba Lane, New Delhi 110 001.

All the Registration-cum-Application forms along with requisite enclosures and PFC copy of challan duly stamped by SBI branch should reach us by December
16, 2016. However, in respect of the applications received (only by Post/ Speed Post) from the candidates residing in Assam, Meghalaya, Arunachal Pradesh,
Mizoram, Manipur, Nagaland, Tripura, Sikkim, Jammu & Kashmir, Lahaul & Spiti district and Pangi sub division of Chamba District of Himachal Pradesh,
Andaman & Nicobar Island or Lakshadweep or abroad, the last date for receipt of applications is December 23, 2016.The benefit of extended date will be
available only in respect of applications received by Post/ Speed Post from the above mentioned areas/regions. In case of applications received by hand or
through courier service, benefit of extended time will not be available regardless of the place of residence of the applicant.

Note All the applicants are requested to forward only their system generated applications along with requisite enclosures.

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