The Department of Financial Services, Ministry of Finance, Government of India, is inviting applications from eligible candidates for the position of Chief Executive Officer (CEO) in the National Credit Guarantee Trustee Company Ltd (NCGTC). NCGTC is a wholly-owned Government of India company. The appointment will be on a deputation or contract basis.
Job Details
| Particulars | Details |
| Organization | National Credit Guarantee Trustee Company Ltd (NCGTC) |
| Employment Type | Deputation / Contract Basis |
| Job Title | Chief Executive Officer (CEO) |
| Total Vacancies | 01 |
| Location | New Delhi |
| Application End Date | 11-11-2025 |
| Application Method | Offline (Postal) |
| Official Site | To be uploaded on DFS and NCGTC websites |
Advertisement No.
No 1/12/2011-IF- II (Vol. III)
Post and Vacancy Details
| Post Name | Total Vacancies |
| Chief Executive Officer (CEO) | 01 |
Salary Details
The remuneration for the CEO position is as follows:
- On Contract Basis: The CEO will receive a consolidated salary equivalent to that of a Chief General Manager (CGM) at SIDBI.
- On Deputation Basis: The salary will be as per the extant guidelines of the lending institution (PSB/FI), along with a deputation allowance.
- Perquisites: The perquisites will be the same as those for a CGM at SIDBI until new guidelines are approved.
Educational Qualification
While specific academic qualifications are not detailed, eligibility is based on professional rank and experience. Applicants must be:
- Chief General Managers (CGMs) or General Managers (GMs) from Public Sector Banks (PSBs) or Financial Institutions (FIs) under the administrative purview of the Department of Financial Services.
- Candidates serving as GMs must have the minimum years of service required to be eligible for selection as a CGM in their respective organizations.
- Candidates must have a residual service of at least two years on the date of the vacancy.
Age Limit
There is no specific age limit mentioned. However, candidates must have a minimum of two years of service remaining as of the date of the vacancy.
Selection Process
The selection process involves the following stages:
- Application Screening: Applications will be screened for eligibility.
- Interaction with Selection Committee: Shortlisted candidates will be called for an interaction with a selection committee chaired by the Secretary, DFS.
- Weightage System:
- 50% weightage will be given to the Annual Performance Appraisal Report (APAR) scores from the preceding five years (2020-21 to 2024-25).
- 50% weightage will be based on the interaction, which assesses technical knowledge, managerial skills, diversity of experience, and overall personality.
- Vigilance Clearance: A candidate will only be considered for the interaction if vigilance clearance from the Chief Vigilance Officer of their parent organization is available. Final appointment is also subject to clearance from the Central Vigilance Commission and the Reserve Bank of India.
How to Apply
- Applications must be submitted offline in the prescribed format.
- The application must be forwarded by the respective organization.
- The following documents must be included:
- Completed application form with a signed passport-size photograph.
- Vigilance clearance from the Chief Vigilance Officer (CVO).
- Curriculum Vitae (CV).
- Attested copies of Annual Performance Assessment Reports (APARs) for the last five years (2020-21 to 2024-25).
- The application should be sent in a closed cover, superscribed with “Application for Chief Executive Officer, National Credit Guarantee Trustee Company Ltd.”.
- The application must be sent to the following address:
Address:
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.
Instructions
- The term of appointment will be for an initial period of three years, which may be extended based on performance up to the age of superannuation.
- The government reserves the right to cancel the selection process at any stage without assigning any reason.
- Late applications will not be considered.
Important Dates
| Event | Date |
| Application Start Date | 21-10-2025 |
| Last Date for Application Receipt | 11-11-2025 |
Important Links
- Notification link- click here
- Application link – click here
