- IFCI Limited invites applications for a contractual Senior Director position from experienced banking and finance professionals with at least 25 years of relevant experience. Apply by November 18, 2026.
New Delhi. :IFCI Limited has invited applications from experienced professionals for the position of Senior Director on a contractual basis. The recruitment has been announced under Advertisement No. IFCI/2026-27/04, dated November 3, 2026.
The organisation is seeking senior-level professionals with substantial experience in banking, finance and related business functions, particularly in areas such as credit, recovery, risk management, audit, compliance and finance and accounts.
The application deadline is November 18, 2026.
IFCI Recruitment 2026: Key Details
|
Particulars |
Details |
|---|---|
|
Organisation |
IFCI Limited |
|
Advertisement Number |
IFCI/2026-27/04 |
|
Post |
Senior Director |
|
Number of vacancies |
1 |
|
Appointment type |
Contractual |
|
Minimum qualification |
Graduation in any discipline |
|
Minimum experience |
25 years |
|
Maximum age |
62 years |
|
Advertisement date |
November 3, 2026 |
|
Last date to apply |
November 18, 2026 |
|
Registered office |
New Delhi |
Educational Qualification
Candidates must possess a graduation degree in any discipline from a recognised university.
Age Limit
The maximum age prescribed for the Senior Director position is 62 years. Candidates should not have attained 62 years of age as of November 3, 2026.
Experience Requirements
Applicants must have a minimum of 25 years of experience in various business functions in the Banking and Finance industry, preferably in Public Sector or Nationalised Banks and Financial Institutions.
The advertisement specifies the following experience conditions:
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At least two years in Scale VII or above in a Public Sector Bank; or
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At least two years in Grade F or above in a Public Sector Financial Institution; or
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At least two years at the first two levels immediately below Board level in other organisations.
Required Professional Skills and Experience
Candidates should demonstrate experience and expertise in the following areas:
1. Recovery and Resolution of Stressed Assets
Applicants should have experience leading the recovery and resolution of non-performing and stressed assets. Relevant experience includes:
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Action under the SARFAESI Act.
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Proceedings before Debt Recovery Tribunals.
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Resolution under the Insolvency and Bankruptcy Code.
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Assignments to Asset Reconstruction Companies.
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One-time and compromise settlements.
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Enforcement of guarantees.
2. Credit Policy and Administration
Candidates should have experience in formulating or administering credit policy at an institutional level, including:
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Risk acceptance criteria.
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Exposure norms.
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Appraisal and sanction standards.
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Delegation of financial powers.
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Pricing.
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Credit monitoring framework.
3. Banking and Financial Business Functions
Experience in business functions such as the following is expected:
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Credit.
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Recovery.
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Risk.
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Audit and Compliance.
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Finance and Accounts.
4. Leadership Experience
Candidates should have experience handling leadership positions during their professional careers.
How to Apply for IFCI Senior Director Recruitment 2026?
Interested and eligible candidates should visit the official IFCI website to access the detailed advertisement, eligibility conditions, key responsibilities and application instructions.
Application procedure:
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Visit the official IFCI website at https://www.ifciltd.com/.
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Open the recruitment or careers section.
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Locate Advertisement No. IFCI/2026-27/04 for the Senior Director position.
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Read the detailed eligibility criteria and terms of engagement.
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Follow the application instructions provided in the official advertisement.
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Submit the application before November 18, 2026.
Important Dates
|
Event |
Date |
|---|---|
|
Advertisement date |
November 3, 2026 |
|
Last date for application submission |
November 18, 2026 |
Important Instructions
The position is offered on a contractual basis. Candidates should carefully review the detailed advertisement for the role's responsibilities, contractual terms and application procedure before applying.
Any corrigendum or addendum to the advertisement will be published only on the official IFCI website. Applicants are advised to check the website regularly for updates.
Official website: https://www.ifciltd.com/
FAQs
1. Which organisation has announced the Senior Director vacancy?
IFCI Limited has invited applications for a Senior Director position on a contractual basis.
2. How many vacancies are available under IFCI Recruitment 2026?
The advertisement specifies one Senior Director position.
3. What is the educational qualification required?
Candidates must have a graduation degree in any discipline from a recognised university.
4. How much professional experience is required?
Applicants must have at least 25 years of experience in banking, finance or related business functions, along with the specified senior-level experience.
5. What is the maximum age limit?
Candidates should not have attained 62 years of age as of November 3, 2026.
6. Is the Senior Director appointment permanent?
No. The advertisement specifies that the position is on a contractual basis.
7. What professional experience is preferred?
Experience in credit, recovery, stressed asset resolution, risk, audit, compliance, finance and accounts, along with leadership experience, is required.
8. What is the last date to apply for IFCI Recruitment 2026?
The last date for submitting the application is November 18, 2026.
9. Where can candidates find the official recruitment advertisement?
Candidates can visit the IFCI website at https://www.ifciltd.com/ for the detailed advertisement and updates.
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