Overview of SMFCL Executive Recruitment 2026

Sagarmala Finance Corporation Limited (SMFCL), a Mini Ratna Category-I CPSE under the Ministry of Ports, Shipping and Waterways, has announced 12 vacancies for Executive (E-1 Grade) positions. This is a prestigious opportunity for qualified professionals in Finance, Projects, Legal, Company Secretary, and IT disciplines to work with a leading government entity.

Key Highlights

• Organization: Sagarmala Finance Corporation Limited (SMFCL)
• Post Name: Executive (E-1 Grade)
• Total Vacancies: 12 Posts
• Salary Scale: Rs. 40,000 – 1,40,000/- (IDA Pattern)
• Selection Process: Computer Based Test (CBT) and Personal Interview

Important Dates

Vacancy Details

The recruitment covers five key disciplines. Candidates should ensure they meet the specific academic criteria before applying.

Eligibility Criteria

Age Limit: The upper age limit is 30 years as of 2026-06-18. Age relaxation is applicable for SC/ST/OBC/PwBD categories as per Government of India guidelines.

Education: Candidates must possess a final degree/passing certificate as of the cut-off date (2026-06-18). Engineering and IT candidates must have secured at least 60% aggregate marks.

Selection Process

The selection is based on a two-stage process:

1. Computer Based Test (CBT): A 150-mark objective test comprising 90 domain-specific questions and 60 General Aptitude questions. Note: Negative marking of 0.25 applies.
2. Personal Interview: Shortlisted candidates will be called for an interview in a 1:7 ratio. Final merit is calculated with 85% weightage for CBT and 15% for the Interview.

How to Apply

Follow these steps to submit your application:

1. Visit the official SMFCL website at http://www.sdclindia.com.
2. Navigate to the 'Careers' section.
3. Complete the registration using valid personal and academic details.
4. Upload scanned documents including photograph, signature, and educational certificates.
5. Pay the application fee (Rs. 1,000 for UR/OBC/EWS; Nil for SC/ST/PwBD).
6. Download and print the final submitted application form for future reference.

Frequently Asked Questions (FAQs)

• Q: Is there any application fee for SC/ST candidates?
  A: No, SC/ST and PwBD candidates are exempted from the application fee.
• Q: Can I apply for multiple posts?
  A: Yes, but if CBT sessions overlap, you can only appear for one post.
• Q: What is the salary package for E-1 Grade?
  A: The pay scale is Rs. 40,000 – 1,40,000 plus DA and other company perks.
• Q: Are final year students eligible?
  A: No, only candidates possessing final pass results as of 2026-06-18 are eligible.
• Q: Where will the CBT be held?
  A: The exam is planned in 11 major cities across India, including Delhi, Mumbai, Kolkata, and Chennai.