A Premium Central PSU Opening for Professionals
Here is a high-value opportunity for qualified professionals who want to join a Central Government Mini Ratna company. Sagarmala Finance Corporation Limited (SMFCL), formerly Sagarmala Development Company Limited, has invited applications for 12 Executive posts in the E-1 Grade. SMFCL is a Mini Ratna Category-I CPSE under the Ministry of Ports, Shipping and Waterways and is registered as an NBFC with the RBI — making this a prestigious place to build a career in maritime finance. The company finances ports, shipyards and the wider maritime ecosystem, so the work is both nation-building and future-focused.
The posts are open across five disciplines: Finance, Projects, Legal, Company Secretary and IT. With an attractive pay scale and a strong brand, competition will be high — so apply on time. In this guide we explain the vacancies, eligibility, salary, selection process, fees and apply steps in simple words. If you are hunting for top PSU government jobs, bookmark this GovtJobsAlert.in page and read till the end.
Key Highlights — SMFCL Executive 2026
The Executive (E-1) is an entry-level officer role across professional disciplines. Here is a quick overview:
- Organisation: Sagarmala Finance Corporation Limited (SMFCL)
- Post: Executive (E-1 Grade)
- Total Vacancies: 12
- Pay Scale: ₹40,000 – ₹1,40,000 per month
- Job Location: New Delhi (pan-India postings possible)
- Last Date to Apply: 18 June 2026
Vacancy Details — Discipline-wise Breakup
The 12 posts are divided across five disciplines. One post is reserved for PwBD candidates (within the total). The exact split is given below.
| Discipline | Vacancies |
|---|---|
| Finance | 5 |
| Projects | 4 |
| Legal | 1 |
| Company Secretary | 1 |
| IT | 1 |
| Total | 12 |
Eligibility Criteria — SMFCL Executive 2026
The qualification depends on the discipline you choose. Please match your professional qualification to the right post.
Educational Qualification
- Finance: CA or CMA.
- Projects: B.E./B.Tech in Civil, Electrical, Electrical & Electronics, Electronics & Communication, Electronics or Mechanical Engineering with minimum 60% marks.
- Legal: A 3-year LLB or a 5-year integrated Law degree with first division.
- Company Secretary: Graduate with Associate/Fellow Membership of the ICSI.
- IT: B.E./B.Tech in Computer Science with minimum 60% marks.
Candidates from commerce, finance and professional backgrounds such as CA, CMA and CS will find the Finance and Company Secretary posts a strong match.
Age Limit
The upper age limit is 30 years as on the last date of application (18 June 2026). Age relaxation is provided as per Government of India rules — 5 years for SC/ST, 3 years for OBC-NCL, 10 years for PwBD, and relaxation for Ex-Servicemen and other eligible categories.
Salary & Pay Scale — How Much Will You Earn?
SMFCL offers an attractive package. The E-1 Grade carries a pay scale of ₹40,000 – ₹1,40,000 per month. In addition to basic pay, you receive Dearness Allowance, perks and other benefits such as leave, medical reimbursement for self and dependent family, Provident Fund, Gratuity, and company leased accommodation or HRA as per company rules.
For a young professional, this is one of the better-paying entry-level officer roles in the Central PSU space, with strong growth prospects in a fast-developing maritime finance sector.
Beyond the pay, an Executive role in a Mini Ratna CPSE carries structured promotions, job stability and the prestige of working with a Government of India enterprise. For a young CA, engineer, lawyer or company secretary, joining at the E-1 level opens a long runway towards senior management positions over the years ahead.
Selection Process — How Are Candidates Selected?
Selection is through a Computer Based Test (CBT) followed by a Personal Interview, then document verification and a medical examination before joining. Candidates who clear the CBT are shortlisted for the interview in a 1:7 ratio. The final merit gives 85% weightage to the written test and 15% to the interview. You can review the exam pattern and preparation tips to plan ahead.
Exam Pattern
The CBT has 150 questions for 150 marks over 2 hours:
- Section 1 — Domain/Discipline: 90 questions, 90 marks.
- Section 2 — General Aptitude: 60 questions, 60 marks (General English, Quantitative Aptitude, Reasoning and General Awareness, 15 each).
There is negative marking of 0.25 mark for each wrong answer. The test medium is Hindi and English (the General English section is in English only). Because the final merit gives heavy weight to the written test, focus most of your energy on the domain section, which alone carries 90 of the 150 marks — a strong, well-prepared performance in your discipline can comfortably secure your interview call.
How to Apply Online for SMFCL Executive 2026?
The application is fully online. Follow these steps:
- Visit the official online application portal (link in Essential Links below).
- Register with your basic details to generate your Registration Number.
- Fill in your personal, educational and professional details.
- Upload your photograph, signature and required documents.
- Pay the application fee online (UR/EWS/OBC candidates).
- Submit the form and keep a printout for your records.
Apply separately for each post if you are eligible for more than one. Do not wait for the last day.
Important Dates — SMFCL Executive 2026
Keep these dates handy.
| Event | Date |
|---|---|
| Application Start Date | 20 May 2026 |
| Last Date to Apply | 18 June 2026 |
| Last Date to Pay Fee | 18 June 2026 |
| Tentative CBT | July 2026 |
Application Fees — SMFCL Executive 2026
The fee is shown below and is non-refundable. SC/ST/PwBD candidates are exempted. Payment is online only.
| Category | Fee |
|---|---|
| UR / EWS / OBC-NCL | ₹1,000 |
| SC / ST / PwBD | No Fee (Exempted) |
Essential Links — SMFCL Executive 2026
- Download Official Notification PDF
- Apply Online for SMFCL Executive 2026
- Visit SMFCL Official Website
- Join WhatsApp Channel for Government Jobs
- Join Telegram Channel for Government Jobs
This SMFCL Executive recruitment is a rare chance to join a Central Mini Ratna company at the start of your career with an excellent pay scale. If you are a CA, CMA, engineer, lawyer, company secretary or IT graduate, prepare well and apply online before 18 June 2026. For more PSU and central government job updates, keep visiting GovtJobsAlert.in and share this with eligible friends.