INDIAN RAILWAY FINANCE CORPORATION LIMITED

Advt. No. 04/2024 dated 13.11.2024

Indian Railway Finance Corporation Limited (“IRFC” or “Company”) was incorporated on 12 th December, 1986 as a wholly
Govt. owned Company under the Administrative control of Ministry of Railways. The Company is a Public Finance
Institution engaged in supporting creation of infrastructure in Railway Sector in India. Its main business activity has
been leasing of Rolling Stocks (Locomotives, Passenger Coaches and Freight Wagons) and Railway projects to Indian
Railways. The Company raises financial resources from diverse financial markets using a variety of instruments to fund
acquisition of these assets. IRFC is Schedule “A” Organization and has consistently been rated as EXCELLENT by Govt.
of India in the achievement of its MOU targets. As of March 31 st, 2024 the turnover of the Company is Rs. 26,645 crore
and net worth is Rs. 49,178 crores.

IRFC invites applications from the dedicated, committed and self-motivated young professionals for the following post:

S. Post and Scale of Pay/No. of Essential Qualification Experience Upper Age Limit
No. Posts
01. Personal Staff Officer (PSO) Graduate in any stream. Minimum 10 Years’ experience of 52 Years
to Chairman and Managing having worked as Secretary to
Director Directors/ Joint Secretary in Govt. The applicant
with the ability to take decisions, should not be
Grade – (E3 or E4 or E5) make presentations on Power Point, more than 52
plan tours in India/abroad, draw years of age as
Scale of Pay on 01-01-2025
minutes of meetings, ability to
E-3- Rs. 60,000-1,80,000/-
monitor/coordinate various activities
E-4-Rs.70,000-2,00,000/-
E-5-Rs.80,000-2,20,000/- with senior level officers, preparation
of MIS etc. Candidates worked with
Total Posts: - Board Level Officers of
01 (One) CPSES/officers of JS rank and above
will be preferred.
(UR–01)
Candidates applying for E-3 (Rs.
60,000-1,80,000/-) Grade of pay,
should have minimum 02 years of

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 working experience in the immediate
lower grade/scale of Rs.50,000 –
1,60,000/- or Pay Matrix Level 8
(CDA) of 7th CPC. Other candidate
should be drawing CTC of at least
Rs.25 lakhs p.a.

OR
Candidate applying for E-4 (Rs.
70,000-2,00,000/-) Grade of pay,
should have minimum 02 years of
experience working in the immediate
lower grade/scale of Rs.60,000 –
1,80,000/- or Pay Matrix Level 9
(CDA) of 7th CPC. Other candidate
should be drawing CTC of at least
Rs.30 lakhs p.a.

OR

Candidate applying for E-5 (Rs.

80,000-2,20,000/-) Grade of pay,
should have minimum 02 years’
experience of working in the
immediate lower grade/scale of
Rs.70,000 – 2,00,000/- or Pay Matrix
Level 11 (CDA) of 7th CPC. Other
candidates should be drawing CTC of
at least Rs.35 lakhs p.a.

Note: Candidates working in other than Government /PSUs should be drawing the minimum CTC as stated above and
should submit Documentary evidence in support by Form16/Salary Slip/or any other suitable document.

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1. RELAXATIONS and CONCESSIONS:

(i) Reservation / Relaxation / Concession to EWS /SC/ST/OBC (NCL) / PWD / Ex-Servicemen /J&K Domicile
would be provided against reserved posts (where applicable) as per extant Government orders.
2. Selection Procedure:

(i) The applications received shall be screened for eligibility. The candidates may be shortlisted for selection.
The Company reserves the right to shortlist the number of candidates for interview out of eligible candidates
at the ratio of 1:10.

(ii) Only shortlisted candidates who are found eligible will be called for participation in the selection process.
The final selection of the candidate shall be based on performance in interview / power point presentation
to the selection committee. The names of the shortlisted candidates shall be displayed on the website of
IRFC www.irfc.co.in. Also, Email shall be sent to the shortlisted candidates for interview / power point
presentation.

3. GENERAL TERMS AND CONDITIONS:

(i) The qualification mentioned above should be recognized by Govt. of India.
(ii) All qualifications should be from Universities/Institutions recognized and approved in India by AICTE / UGC
/ Appropriate Statutory Authority of Govt. of India.
(iii) Candidates belonging to Government / Semi-Government Organization / PSUs/PSB should send their
application through proper channel. However, in case application has not been routed through proper
channel, a No Objection Certificate (NOC) from present employer should be produced at the time of interview.
However, in the event of difficulty in forwarding the application through proper channel/getting NOC from
their parent department, they may submit an undertaking at the time of interview that they will produce
proper relieving order from their organization, in case selected, otherwise they will not be allowed to join. In
both cases, pay protection will be given.
(iv) Incomplete Application(s) or applications received late will be summarily rejected.
(v) The cutoff date for reckoning maximum age limit / minimum experience requirement / qualification
(whichever applicable) shall be last date of receipt of application i.e 03.12.2024 Post qualification executive
experience on a post shall be counted only from the date of assumption of charge and training period shall
not be counted.
(vi) 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.

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 (vii) The total number of projected vacancy indicated in this advertisement may increase / to be cancelled at the
discretion of IRFC Management, if need so arises, without any further notice and without assigning any
reason thereof.
(viii) Single to and fro fare by shortest route as per Company rule will be paid to outstation candidates called for
interview on production of ticket / proof of journey.
(ix) While applying for the post, the applicant should ensure that he / she fulfills the eligibility and other norms
mentioned above, as on the specified date 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 shall 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.
(x) Any legal proceeding in respect of any matter of claim or dispute arising out of this advertisement and / or
any application in response there to can be instituted only in Delhi and courts / tribunal / forums at Delhi
only shall have sole and exclusive jurisdiction to try any such case / dispute.
(xi) In case any ambiguity/dispute arises on account of interpretation in version other than English, English
version will prevail.
(xii) The original testimonials/documents along with one self-attested copy will have to be produced by the
candidates at the time of interview.
(xiii) No person shall be eligible for appointment if he/she has been convicted in a court of law for any offence
involving moral turpitude.
(xiv) No correspondence will be entertained from the candidates not selected for interview /appointment.
(xv) Canvassing in any form will be a disqualification.

4. Compensation Package: Basic Pay, Dearness Allowance, House Rent Allowance, Perks & Allowances Transport
Allowance. Performance Related Pay (Variable Based on Performance Rating), Medical Benefits including indoor
medical benefits for self and dependent family members, employer contribution towards provident funds and
gratuity, Superannuation Benefits (Pension and Post-Retirement Medical Scheme), welfare schemes and other
fringe benefits as per rules of the Company.

5. The following documents in the given order only (from top to bottom) may be enclosed with the application:

1. Colour photograph to be pasted in the application form.

2. Proof of Date of Birth (class X certificate)
3. Certificates of Academic & Professional qualifications and statements of marks of all the qualifications for
all semesters / years (Xth, XIIth, PG Diploma / Graduation / Post-Graduation as applicable)

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 4. Category certificate SC / ST / OBC (NCL) /Ex. Servicemen /PwBD if applicable as mentioned in Relaxation
and Concessions column above.
5. Domicile of J & K during 01-01-1980 and 31-12-1989 (if applicable).
6. Proof of Identity & Address (Passport/Voter ID/Driving License/UIAD Aadhaar Card.)
7. PAN Card
8. Proof of different periods of experience as claimed in your application. (if applicable)
9. Any other document in support of your candidature i.e. NOC if applicable and 12months salary certificate
in case candidates working in other than Government/PSUs.
10. Any other document in support of your candidature.

6. DOCUMENTS IN SUPPORT OF WORK EXPERIENCE:

a) Joining-Relieving Letter from Company/Organization.
b) Experience /Service Certificate issued by Company/Organization. (Experience Certificates produced should
clearly indicate date of joining and date of relieving from each organization were worked
c) Salary Certificate or ITR return or Form-16 issued by present / past employers(s).

7. PROCEDURE FOR APPLYING: -

(i) Before applying candidates should ensure that they satisfy all the necessary conditions and requirement of the
position.
(ii) No fee is required to be paid for applying to the above post.
(iii) Application will be received through offline process only and all further communication will be made to the
applicants through Email. Interested candidates fulfilling the above laid down eligibility criteria are requested to
apply in the attached application format available in the career section of IRFC website www.irfc.co.in
(iv) Enclosing all the documents as mentioned in clause 5 above.

8. All the eligible candidates are requested to forward their application in the format enclosing therewith the self-
attached documents as mentioned above in a cover subscribing “Application for the Post of PSO to CMD address
to General Manager (F) & (HR & Admin), Indian Railway Finance Corporation Limited, Upper Ground Floor, East
Tower, NBCC Place, Pragati Vihar, Lodhi Road, New Delhi – 110 003.

9. All the application forms along with requisite enclosures should reach Indian Railway Finance Corporation Limited
by 03.12.2024 however in respect of application received by post / speed post from the candidates residing in
North-East, Jammu and Kashmir, Andaman and Nicobar Island or Lakshadweep, the last date for receipt of
application shall be 10.12.2024

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In case of any enquiry/ clarification, relating to the above advertisement, please feel free to contact the Support contact
Number 011-24361480 (Monday–Friday from 10:30 Hrs to 18:00 Hrs) and Helpdesk Email ID:
recruitment_helpdesk@irfc.co.in

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 Indian Railway Finance Corporation Limited
New Delhi

Before filling the application, form candidates should invariably read the detailed
vacancy/Advisement No. 04/2024 dated 13.11.2024 in ‘careers’ section at IRFC’s website
www.irfc.co.in

Application for the post of: ______________________________________________

1 Name in full (In Block

letters) Paste a self
2 Father’s Name attested passport
size photograph in
3 Date of Birth this space
(DD-MM- YYYY)

4 Age as on 01.01.2025:

5 Category
(Gen/OBC/SC/ST/PwBD/
Ex-servicemen)
6 Religion

7 Correspondence Address (in

BLOCK letters with PIN)

8 Permanent Address

(in BLOCK letters with PIN)

9 Mobile Numbers

10 E-Mail Addresses

11 Aadhar number

12 PAN No.

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13 Qualifications: (Give information for Matriculation, +2 level, Graduation and Professional
qualifications only in chronological order) (May attach additional sheet in the same format,
if space below is insufficient)
Exam Year of Name of Board / University / Institute Percentage of marks
Passed Passing obtained

14 Work Experience
In chronological order (attach separate sheet in the same format, if required). May attach
bio data with details of experience, if desired by candidate)
Post and scale Name & full Period of work experience Brief nature of
of pay address of From To Total duration assignment
Employer (in Yrs. &
Months)

15. Area of Experience (in Brief)

(i) Brief Nature of Assignments undertaken:

(ii) Major Achievements during last 3 years:

Declaration
I declare that I have read the detailed vacancy advertisement uploaded on IRFC’s website
very carefully. The information furnished above by me is true to the best of my knowledge
and belief and that nothing material has been concealed. I understand that if it is found
that I have concealed any information or have provided the wrong information my
candidature is liable to be cancelled / service is liable to be terminated forthwith without
any notice.
Place : _______________
Date : _______________
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 Signature of Candidate