Sagarmala Finance Corporation Recruitment 2026: Eligibility, CBT Pattern & Salary

Sagarmala Finance Corporation Recruitment 2026 notification has been officially released by Sagarmala Finance Corporation Limited (SMFCL), formerly known as Sagarmala Development Company Limited. The recruitment drive aims to fill Executive E-1 grade vacancies in multiple disciplines including Finance, Projects, Legal, Company Secretary, and IT. Candidates looking for a government PSU job with an attractive salary package and career growth opportunity can apply online through the official website.

SMFCL is a Mini Ratna Category-I CPSE under the Ministry of Ports, Shipping and Waterways, Government of India. The organization is registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India and focuses on maritime financing, coastal connectivity, logistics, and infrastructure development.

Sagarmala Finance Corporation Recruitment 2026 Overview

ParticularsDetails
Organization NameSagarmala Finance Corporation Limited (SMFCL)
Advertisement Number01/2026
Post NameExecutive (E-1 Grade)
Total Vacancies12 Posts
Job LocationAcross India
Application ModeOnline
SalaryRs. 40,000 – Rs. 1,40,000
Selection ProcessCBT + Interview
Official Websitewww.sdclindia.com
Online Application Start Date20 May 2026
Last Date to Apply18 June 2026

Sagarmala Finance Corporation Recruitment 2026 Vacancy Details

SMFCL has announced vacancies for different disciplines. Candidates can check the post-wise distribution below.

DisciplineVacancies
Finance05
Projects04
Legal01
Company Secretary01
IT01
Total12

One post is reserved for PwBD candidates as per Government of India norms.

Eligibility Criteria for SMFCL Recruitment 2026

Candidates must fulfill the required educational qualifications and age limit before applying.

Educational Qualification

PostQualification
FinanceCA/CMA
ProjectsB.E./B.Tech in Civil/Electrical/Electronics/Mechanical with minimum 60% marks
LegalLLB (3 Years) or Integrated 5-Year Law Degree with first division
Company SecretaryGraduate with Associate/Fellow Membership of ICSI
ITB.E./B.Tech in Computer Science with minimum 60% marks

Age Limit

The maximum age limit is 30 years as on the last date of application submission.

Age Relaxation

CategoryRelaxation
SC/ST5 Years
OBC (NCL)3 Years
PwBD10 Years
Government/PSU Employees5 Years
Ex-ServicemenAs per Government Rules

Sagarmala Finance Corporation Recruitment 2026 Salary Structure

Selected candidates will receive an attractive PSU salary package.

Pay ScaleRs. 40,000 – Rs. 1,40,000

Apart from the basic pay, employees will also get several benefits including:

  • Dearness Allowance
  • Medical reimbursement
  • Provident Fund
  • Gratuity
  • HRA or leased accommodation
  • Leave benefits
  • Other allowances as per company rules

The recruitment offers a stable government career with long-term growth opportunities.

Sagarmala Finance Corporation Recruitment 2026 CBT Pattern

The selection process includes a Computer Based Test (CBT) followed by a personal interview.

CBT Exam Pattern

SectionQuestionsMarks
Discipline-Specific Questions9090
General Aptitude6060
Total150150

General Aptitude Subjects

The aptitude section includes:

  • General English
  • Quantitative Aptitude
  • Reasoning
  • General Awareness

Important CBT Details

  • Exam Duration: 2 Hours
  • Negative Marking: 0.25 marks for each wrong answer
  • Language: Hindi and English
  • Exam Mode: Computer Based Test

CBT Exam Cities

The examination is planned in the following cities:

  • Delhi
  • Kolkata
  • Mumbai
  • Chennai
  • Bangalore
  • Hyderabad
  • Patna
  • Lucknow
  • Bhopal
  • Guwahati
  • Jammu

Interview and Final Merit

Candidates qualifying the CBT will be shortlisted for the interview in a ratio of 1:7 depending on availability.

The final merit list will be prepared based on:

CriteriaWeightage
CBT Marks85%
Interview15%

Application Fee

CategoryFee
UR / OBC / EWSRs. 1,000
SC / ST / PwBDExempted

The application fee is non-refundable and must be paid online.

How to Apply for SMFCL Recruitment 2026

Candidates can follow the steps below to complete the online application process.

  1. Visit the official website of SMFCL.
  2. Open the Careers section.
  3. Click on the Executive Recruitment 2026 notification.
  4. Complete the online registration process.
  5. Fill in personal, academic, and communication details carefully.
  6. Upload the required documents.
  7. Pay the application fee online.
  8. Submit the form and download the final application copy.

Documents Required

Applicants need to upload the following documents during online application:

  • High School Certificate
  • Educational Qualification Certificates
  • Mark Sheets
  • Category Certificate (if applicable)
  • Aadhaar/PAN/Voter ID
  • Passport Size Photograph
  • Experience Certificates (if any)

Important Dates

EventDate
Online Application Start Date20 May 2026
Last Date to Apply18 June 2026
Tentative CBT DateJuly 2026
Interview DateTo Be Announced

Why Candidates Should Apply for SMFCL Recruitment 2026

The recruitment offers an excellent opportunity for candidates seeking PSU jobs in the finance and infrastructure sector. Some major advantages include:

  • Attractive salary package
  • Government PSU job security
  • Career growth opportunities
  • All India exposure
  • Professional work environment
  • Additional perks and allowances

Candidates with engineering, finance, legal, CS, and IT backgrounds can benefit from this opportunity.

FAQs

1. What is the last date to apply for Sagarmala Finance Corporation Recruitment 2026?
The last date to submit the online application form is 18 June 2026.

2. What is the salary offered under SMFCL Executive Recruitment 2026?
Selected candidates will receive a pay scale of Rs. 40,000 to Rs. 1,40,000 along with allowances and PSU benefits.

3. What is the selection process for Sagarmala Finance Corporation Recruitment 2026?
The selection process includes a Computer Based Test (CBT) and a personal interview.

4. Is there any negative marking in the CBT exam?
Yes, 0.25 marks will be deducted for every incorrect answer in the CBT.

5. Who can apply for the Finance Executive post?
Candidates possessing CA or CMA qualification are eligible to apply for the Finance Executive position.

Conclusion

Sagarmala Finance Corporation Recruitment 2026 is a valuable opportunity for candidates looking for a secure and high-paying PSU job in India. With vacancies across multiple disciplines, attractive salary packages, and a transparent selection process, the recruitment drive is expected to attract a large number of applicants. Interested candidates should carefully check the eligibility criteria and complete the online application before the deadline to avoid last-minute issues.


Editor’s Note:
Written by Karmabandhan Editorial Team.
We encourage all aspirants to verify information from official sources and apply carefully.

Disclaimer: This is not an official government website. Candidates must verify details from the official notification.

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