NCGTC Chief Executive Officer Recruitment 2025 – Apply Now

Posted on: October 22, 2025
Category: Finance Government Jobs in India
Qualification: MBA Government Jobs in India
Location: Delhi
Last date to apply: 11 Nov, 2025

Ministry of Finance, Government of India, Department of Financial Services is inviting application for the post of Chief Executive Officer (CEO) of National Credit Guarantee Trustee Company Ltd. (NCGTC), a fully owned Government of India company incorporated on March 28, 2014, under the Companies Act, 1956. The candidates from Public Sector Banks (PSBs) and Financial Institutions (FIs) of the Department of Financial Services meeting the eligibility conditions may apply for this prestigious Finance Government Jobs in India role on or before November 11, 2025. Candidates must possess the mentioned eligibility conditions, i.e., qualification, experience and vigilance clearance. Selection procedure is committee evaluation based on Annual Performance Appraisal Reports (APARs) and personal interaction and ultimately the Finance Minister’s approval.

Category Wise Vacancy Details

Post NameCategoryNo. of Posts
Chief Executive Officer (CEO)CGM Level (SIDBI)1
Total Posts1

Eligibility Criteria

Post NameEligibility Criteria
Chief Executive Officer 
  • Chief General Managers (CGMs) or General Managers (GMs) in Public Sector Banks
    (PSBs) or Financial Institutions (FIs) under the Department of Financial Services.
  • Should have sufficient years of service as GM to be eligible for CGM selection in
    PSBs/FIs.
  • Should have at least two years of residual service as of the vacancy date.
  • Educational qualification: MBA or equivalent professional qualification preferred,
    commensurate with senior managerial roles in PSBs/FIs.
  • Minimum service requirement may be relaxed with the approval of the Finance
    Minister if sufficient candidates are not available.

Important Dates

  • Application Begin: October 21, 2025
  • Last Date for Apply: November 11, 2025 (or the next working day if a public holiday)

Age Limit

  • Minimum Age: Not specified.
  • Maximum Age: Residual service of at least 2 years at the date of vacancy.

Application Fee

  • Not specified in the notification.

Application Mode

  • Offline submission in a closed cover.
  • Superscripted “Application for Chief Executive Officer, National Credit Guarantee Trustee Company Ltd.”
  • Addressed to Sh. Anil Kumar, Under Secretary, Department of Financial Services, Ministry of Finance, Room No. 16, Jeevan Deep Building, 3rd Floor, Sansad Marg, New Delhi – 110 001
  • Deadline: November 11, 2025 (or next working day if a public holiday)

Pay Scale

  • Equivalent consolidated pay of CGM level of SIDBI for contractual appointment.
  • Deputation allowance according to prevalent guidelines of lending institution (PSBs/FIs) in case of deputation.
  • Allowances equivalent to CGM SIDBI, as according to revised guidelines in case of approval by the authorized authority.

Selection Process

  • The selection committee to be led by Secretary with Executive Director appointed by RBI, two experts appointed by FSIB and Joint Secretary (IF Division, DFS) Member Secretary.
  • Evaluation on 50% weightage of APAR grades (2020-21 to 2024-25, max. 10 marks per year; previous years taken into account if APARs are not received).
  • Judgment by 50% weightage on interaction with committee to assess technical abilities, managerial abilities, range of experience, economic awareness and personality.
  • Ranked recommendations with comments forwarded to Finance Minister for sanction.
  • Pre-appointment clearance from vigilance of PSB/FI CVO, Central Vigilance Commission and RBI.

How to Apply for NCGTC Recruitment 2025

  • Visit the website of the Department of Financial Services https://financialservices.gov.in
  • Visit the “Vacancies” tab and click “View All”
  • Find and click on the notice titled “Appointment to the Post of Chief Executive Officer in the National Credit Guarantee Trustee Company Ltd.”
  • Download the application form from the notice.
  • Complete the application form with details like name, date of birth, qualification, experience and employer details.
  • Attach one recent passport size photograph (signed across), curriculum vitae, CVO vigilance clearance and xerox copies of 2020-21 to 2024-25 authenticated APARs.
  • Send application in superscripted closed envelope “Application for Chief Executive Officer, National Credit Guarantee Trustee Company Ltd.” To Sh. Anil Kumar, Under Secretary, Department of Financial Services, Ministry of Finance, Room No. 16, Jeevan Deep Building, 3rd Floor, Sansad Marg, New Delhi – 110 001.
  • Send for submission on November 11, 2025 (or the following business day if a public holiday)
  • Keep a copy of the application to refer to.

FAQs

The applicants eligible should be Chief General Manager/General Manager rank officers from Public Sector Banks/FIs of the Department of Financial Services. They should possess sound leadership skills, a strong track record of financial management and at least two years of residual service as of the date of the vacancy.

The selection is through an interaction with a committee and scrutiny of the past five APARs of the candidate. Final selection and appointment shall be concluded by the Finance Minister.

Shortlisted applicants need to download the application form from DFS website, fill it correctly, affix necessary documents like APARs and vigilance clearance and submit the same to DFS office at New Delhi by November 11, 2025.

Important Links 

Official Notificationwww.financialservices.gov.in
Official Websitewww.financialservices.gov.in

 Don’t Miss This: Browse All Delhi Government Job Vacancies – Stay Ahead with Aavedan.co

Category

Finance

Qualification

MBA

Location

Delhi

Last date to apply

11 Nov, 2025

Stay Updated!

Join our WhatsApp channel for real-time notifications.

aavedan
Join WhatsApp Channel
factofun-ad