SMFCL Executive Recruitment 2026 is your chance to land a well-paying PSU job with a Government of India enterprise. Sagarmala Finance Corporation Limited (SMFCL), formerly known as Sagarmala Development Company Limited, has officially released Recruitment Advertisement No. 01/2026 for 12 Executive vacancies in E-1 Grade across five disciplines — Finance, Projects, Legal, Company Secretary, and Information Technology.
SMFCL is a registered Non-Banking Finance Company (NBFC) under the Reserve Bank of India (RBI) and works under the Ministry of Ports, Shipping and Waterways. This is a rare opening in a niche, growth-oriented PSU that offers a pay scale of ₹40,000–₹1,40,000 per month along with a full package of allowances and benefits.
Track every open notification & never miss a deadline
Online applications are open at the official website www.sdclindia.com and the last date to apply is 18 June 2026 (11:45 PM). If you hold a CA, CMA, B.E./B.Tech, LLB, CS degree, or B.Tech in Computer Science, read on — this post covers everything you need.
Table of Contents
SMFCL Executive Recruitment 2026 – Quick Overview
| Detail | Information |
|---|---|
| Organisation | Sagarmala Finance Corporation Limited (SMFCL) |
| Advertisement No. | Rectt. Advt. No. 01/2026 |
| Post Name | Executive (E-1 Grade) |
| Total Vacancies | 12 |
| Pay Scale | ₹40,000 – ₹1,40,000 per month |
| Application Mode | Online |
| Apply Starts | 20 May 2026 (4:00 PM) |
| Last Date to Apply | 18 June 2026 (11:45 PM) |
| CBT Exam Date | July 2026 (Exact date on Admit Card) |
| Official Website | www.sdclindia.com |
Important Dates for SMFCL Executive 2026
Missing a deadline is the easiest way to lose an opportunity. Mark these dates right now.
| Event | Date |
|---|---|
| Notification Release | May 2026 |
| Online Application Opens | 20 May 2026 (4:00 PM) |
| Last Date to Apply Online | 18 June 2026 (11:45 PM) |
| Last Date for Fee Payment | 18 June 2026 (11:45 PM) |
| Tentative CBT Date | July 2026 |
| Admit Card Release | To be announced on sdclindia.com |
| Interview Date | To be intimated after CBT results |
| Result | To be announced |
⚠️ Don’t wait for the last day! Government portals slow down near deadlines — submit your application at least 3–4 days before 18 June 2026 to avoid technical issues.
📌 Also Read: Latest Government Job Notifications 2026 – All PSU & Central Govt Openings
SMFCL Executive Vacancy 2026 – Post-wise Breakdown
SMFCL has released a total of 12 Executive vacancies in E-1 Grade across five specialised disciplines. One post is reserved for Persons with Benchmark Disabilities (PwBD).
| Post Code | Discipline | No. of Posts |
|---|---|---|
| 01 | Finance | 05 |
| 02 | Projects | 04 |
| 03 | Legal | 01 |
| 04 | Company Secretary | 01 |
| 05 | Information Technology (IT) | 01 |
| Total | 12 |
Note: One post across the above disciplines is reserved for PwBD candidates. Candidates eligible for more than one post must submit separate applications with separate fees for each.
SMFCL Executive Eligibility Criteria 2026
Before you fill the form, make sure you meet both the educational and age requirements. These are non-negotiable.
Educational Qualification (Post-wise)
| Discipline | Required Qualification |
|---|---|
| Finance | Chartered Accountant (CA) or Cost and Management Accountant (CMA) |
| Projects | B.E./B.Tech in Civil / Electrical / Electrical & Electronics / Electronics & Communication / Electronics / Mechanical Engineering with minimum 60% marks |
| Legal | Full-time regular LLB (3-year) with First Division OR 5-year integrated LLB with First Division from a recognised university |
| Company Secretary | Graduate with Associate or Fellow Membership of the Institute of Company Secretaries of India (ICSI) |
| IT | B.E./B.Tech in Computer Science with minimum 60% marks from a recognised institution/university |
✅ All qualifications must be from a recognised university or institution. Make sure your degree is from an institution approved by the relevant statutory body (BCI for Legal, ICSI for CS, ICAI/ICMAI for Finance).
Age Limit for SMFCL Executive 2026
Age is calculated as on the application closing date. The upper age limit for General category candidates is 30 years, with the following relaxations:
| Category | Upper Age Limit | Relaxation |
|---|---|---|
| General / Unreserved (UR) | 30 years | – |
| Economically Weaker Section (EWS) | 30 years | – |
| Other Backward Classes – Non-Creamy Layer (OBC-NCL) | 33 years | 3 years |
| Scheduled Caste (SC) | 35 years | 5 years |
| Scheduled Tribe (ST) | 35 years | 5 years |
| Persons with Benchmark Disabilities (PwBD) | 40 years | 10 years |
| Ex-Servicemen | As per Govt. of India rules | As applicable |
| Central/State Govt or PSU employees (permanent) | 35 years | 5 years |
| Domicile of Kashmir Division (01.01.1980 – 31.12.1989) | 35 years | 5 years |
| Children/family members of 1984 riot victims | 35 years | 5 years |
SMFCL Executive Salary 2026 – What Will You Actually Earn?
This is the section most candidates want to get to — so here it is.
SMFCL Executive posts are placed in the E-1 Grade Pay Scale of ₹40,000 – ₹1,40,000 per month. Beyond the basic pay, selected candidates receive a full suite of allowances:
| Component | Details |
|---|---|
| Basic Pay | ₹40,000/month (starting) |
| Pay Scale | ₹40,000 – ₹1,40,000 |
| Dearness Allowance (DA) | As per govt. norms (revised periodically) |
| Perks & Allowances | As per company rules |
| Medical Reimbursement | Yes |
| Provident Fund (PF) | Yes |
| Gratuity | Yes |
| Accommodation | Company leased accommodation OR House Rent Allowance (HRA) |
Estimated In-Hand Salary: Including DA, HRA/accommodation, and perks, the effective monthly in-hand package for a fresh E-1 Executive at SMFCL is estimated between ₹55,000 – ₹70,000 per month, depending on the posting city and applicable allowances. Final figures depend on the DA rate at the time of joining.
💡 Pro Tip: SMFCL’s compensation is at par with other Central Government PSU executives. As an RBI-registered NBFC under the Ministry of Ports, Shipping & Waterways, the job also comes with strong career growth prospects in India’s expanding maritime infrastructure sector.
📌 Also Read: PSU Jobs 2026 – Latest Vacancies in Central Government Enterprises
Application Fee for SMFCL Executive 2026
The application fee is non-refundable and must be paid online at the time of form submission. The fee is inclusive of all applicable taxes.
| Category | Application Fee |
|---|---|
| UR / EWS / OBC-NCL | ₹1,000 |
| SC / ST / PwBD | NIL (Exempted) |
Important: SC/ST/PwBD candidates must upload the relevant certificate to claim the fee exemption. Applications where fee payment is not successful will be treated as incomplete and summarily rejected. No refund will be issued under any circumstances.
Payment Mode: Online (Net Banking, Debit Card, Credit Card, UPI)
Selection Process for SMFCL Executive 2026
The selection happens in two clear stages. There is no physical test or group discussion — just a written exam and an interview.
Stage 1: Computer Based Test (CBT) — 85% Weightage
| Section | No. of Questions | Maximum Marks | Duration |
|---|---|---|---|
| MCQs — Domain/Discipline Specific | 90 | 90 | Combined |
| General Aptitude (English, Quant, Reasoning, General Awareness) | 60 (15 each) | 60 | 2 hours total |
| Total | 150 | 150 | 2 hours |
Key points to remember:
- Negative Marking: 0.25 marks deducted for every wrong answer
- Medium: Bilingual — Hindi and English
- Test Centres: Bhopal, Bangalore, Chennai, Delhi, Guwahati, Hyderabad, Jammu, Kolkata, Lucknow, Mumbai, Patna
Stage 2: Personal Interview — 15% Weightage
- Candidates who qualify in the CBT will be shortlisted in the ratio of 1:7 (i.e., 7 candidates per vacancy) for the interview
- Interview call letters will be uploaded on the SMFCL website and communicated by SMS and email
- Final merit is calculated as: CBT Score (85%) + Interview Score (15%)
⚠️ With only 12 vacancies and thousands of applicants expected, the CBT cut-off is likely to be high. Focus on your domain paper — 90 marks from domain questions gives you a big edge.
📌 Also Read: IRFC Recruitment 2026 – Executive Posts in Railway Finance Corporation
How to Apply for SMFCL Executive Recruitment 2026 (Step by Step)
Applications are accepted only through the online portal. Follow these steps carefully.
- Visit the official website www.sdclindia.com and go to the Careers section, OR use the direct apply link provided below.
- Read the full notification PDF carefully before proceeding.
- Click on the “Apply Online” link for SMFCL Executive Recruitment 2026.
- Register using your active email ID and mobile number. Note down your login credentials.
- Fill in personal, educational, and contact details accurately. Double-check before saving.
- Upload the required documents: recent passport-size photo, signature, and educational certificates in the prescribed format.
- Pay the application fee (₹1,000 for UR/EWS/OBC-NCL) through the online payment gateway.
- Submit the form and download the confirmation page with your application number.
💡 Keep ready before you start: Scanned photo (JPG, 20–50 KB), scanned signature (JPG, 10–40 KB), and scanned copies of degree certificates. Having these ready saves time and prevents upload errors.
📌 Also Read: NTPC Executive Trainee Recruitment 2026 – Apply for Top PSU Engineering Posts
Important Links – SMFCL Executive Recruitment 2026
| Resource | Link |
|---|---|
| Official Notification PDF | Download from sdclindia.com |
| Apply Online (Direct Link) | Apply at cdn.digialm.com |
| Official Website | www.sdclindia.com |
| Admit Card | To be released on sdclindia.com |
| Syllabus / Exam Pattern | Refer to official notification |
Frequently Asked Questions – SMFCL Executive Recruitment 2026
How many vacancies are available under SMFCL Executive Recruitment 2026?
A total of 12 vacancies have been announced for Executive posts in E-1 Grade. These are spread across five disciplines: Finance (5), Projects (4), Legal (1), Company Secretary (1), and IT (1). One post is reserved for Persons with Benchmark Disabilities (PwBD).
What is the last date to apply for SMFCL Executive 2026?
The online application window closes on 18 June 2026 at 11:45 PM. The last date for fee payment is also 18 June 2026. Do not wait until the last day — apply at least 3–4 days early.
What is the educational qualification required for SMFCL Executive posts?
It varies by discipline. Finance requires CA or CMA. Projects and IT require B.E./B.Tech with minimum 60% marks. Legal requires a First Division LLB. Company Secretary requires an Associate/Fellow membership of ICSI along with a graduation degree.
What is the age limit for SMFCL Executive Recruitment 2026?
The upper age limit is 30 years for General/UR category candidates. SC/ST candidates get a 5-year relaxation (up to 35 years), OBC-NCL candidates get a 3-year relaxation (up to 33 years), and PwBD candidates get a 10-year relaxation (up to 40 years).
Is there negative marking in the SMFCL CBT exam?
Yes. For every wrong answer, 0.25 marks will be deducted. The CBT consists of 150 questions worth 150 marks and must be completed in 2 hours. Unanswered questions do not attract any penalty.
What is the salary for SMFCL Executive (E-1 Grade) posts?
The pay scale is ₹40,000 – ₹1,40,000 per month. In addition to basic pay, selected executives receive Dearness Allowance (DA), perks, medical reimbursement, Provident Fund, Gratuity, and either company leased accommodation or House Rent Allowance (HRA). The estimated effective in-hand salary is ₹55,000–₹70,000 per month for new joiners.
Can I apply for more than one post in SMFCL Executive Recruitment 2026?
Yes, but you must submit a separate application form with a separate fee payment for each post. If you submit multiple applications for the same post, only the latest application will be considered valid.
Summing Up…
The SMFCL Executive Recruitment 2026 is an excellent opportunity for professionals in Finance, Engineering, Law, Company Secretaryship, and IT to build a career in a Central Government enterprise at the heart of India’s maritime infrastructure growth story. With 12 vacancies, an attractive pay scale of ₹40,000–₹1,40,000, and a transparent two-stage selection process, this notification deserves your attention.
The application window is open right now — it closes on 18 June 2026. Read the official notification, confirm your eligibility, and apply at www.sdclindia.com without delay.
Stay ahead of application deadlines — follow Govtserviceinfo.com for daily Sarkari Naukri alerts on PSU jobs, central government vacancies, and exam updates.
Disclaimer
This article on SMFCL Executive Recruitment 2026 is compiled from information published officially by Sagarmala Finance Corporation Limited (SMFCL) on their website www.sdclindia.com. Govtserviceinfo.com does not represent SMFCL or any government authority. We strongly advise all candidates to read the complete official notification PDF before applying. Information such as vacancy numbers, eligibility, dates, and fee details is subject to change as per SMFCL’s official announcements. For the latest and most accurate information, always refer to the official website.
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