July 4, 2025

Sagarmala Finance Corporation Limited (SMFCL) Recruitment 2025 – Apply Now

Sagarmala Finance Corporation Limited (SMFCL), a Schedule ‘B’, Mini Ratna Category-I CPSE under the Ministry of Ports, Shipping and Waterways, Government of India, is inviting applications for various managerial posts on a permanent basis. The company, a registered NBFC under RBI, plays a key role in financing India’s port-led development initiatives.

Important Dates

Start of Application Process: Ongoing
Last Date to Submit Application: 04 August 2025 (by 18:00 Hrs)
Mode of Application: Offline (By Post Only)

Vacancy Details

Post Name	Discipline	Level	Vacancies	Category
Chief Manager (IT)	IT	E-6	01	UR
Chief Manager (Legal)	Legal	E-6	01	UR
Manager (Projects)	Projects	E-4	01	OBC-NCL (Backlog)
Manager (F&A)	Finance	E-4	01	UR
Assistant Manager (F&A)	Finance	E-2	02	UR:1, OBC-NCL:1 (Backlog)

Application Fee

General/OBC Candidates: ₹590/- (₹500 + 18% GST)
SC/ST/PwD Candidates: No Fee
Payment Method: Demand Draft drawn in favor of Sagarmala Finance Corporation Limited.

Age Limit (as on 04.08.2025)

Post Name	Upper Age Limit
Chief Manager (IT/Legal)	47 Years
Manager (Projects/F&A)	40 Years
Assistant Manager (F&A)	35 Years

Age relaxation is applicable for SC/ST/OBC-NCL/PwD/Ex-Servicemen as per Government of India norms.

Salary Details (IDA Scale)

Post Name	Pay Scale (₹)
Chief Manager (E-6)	₹90,000 – ₹2,40,000
Manager (E-4)	₹70,000 – ₹2,00,000
Assistant Manager (E-2)	₹50,000 – ₹1,60,000

Other Benefits: DA, HRA/Lease, PRP, NPS, Provident Fund, Gratuity, Medical for self and dependents, etc.

Eligibility Criteria

1. Chief Manager (IT)

Qualification: B.E./B.Tech in Computer Science with 60% marks
Experience: 13 years in IT infrastructure, security, governance, software development
Private Sector: CTC ≥ ₹16 Lakh p.a.

2. Chief Manager (Legal)

Qualification: LLB (3-year) or integrated 5-year law degree with first division
Experience: 13 years in legal documentation, due diligence, arbitration, DRT/NCLT
Private Sector: CTC ≥ ₹16 Lakh p.a.

3. Manager (Projects)

Qualification: B.E./B.Tech in Civil, Electrical, Electronics, Mechanical with 60% marks
Desirable: MBA/PGDM (Finance)
Experience: 7 years in project planning, appraisal, procurement (preferably in NBFC/Ports)
Private Sector: CTC ≥ ₹12 Lakh p.a.

4. Manager (F&A)

Qualification: CA/ICWA
Experience: 7 years in financial management, ERP, budgeting, risk, audits, banking
Private Sector: CTC ≥ ₹12 Lakh p.a.

5. Assistant Manager (F&A)

Qualification: CA/ICWA
Experience: Minimum 1 year
Private Sector: CTC ≥ ₹8 Lakh p.a.

How to Apply

Eligible candidates must submit their application in offline mode only.

Application Procedure:

Download the application form (Annexure-A) from the official website.
Fill in all required details carefully.
Attach the following documents:
- Demand Draft (if applicable)
- Self-attested copies of all educational & experience certificates
- Proof of age, category, Aadhar Card
- Mark sheets of all academic qualifications
- Passport-sized photo pasted on the form

Selection Process

Shortlisting: Based on educational qualifications and experience.
Interview: Shortlisted candidates will be notified via email.
Document Verification: Required at the time of interview.
Final Selection: Based on interview performance only.

Key Instructions

Applications without supporting documents or incomplete details will be rejected.
Candidates working in Govt/PSUs must apply through proper channel or submit NOC at the time of interview.
Submissions received beyond the closing date will not be considered.
The eligibility with respect to age, educational qualification, and experience will be determined as on 04.08.2025.