KRCL Director Finance Recruitment 2026: Elite Board-Level PSU Job with ₹3.4 Lakh Salary (Apply via PESB)

KRCL Director (Finance) Recruitment 2026 | Board-Level PSU Job | Salary up to ₹3.4 Lakh | Apply by 6 Feb

By Sarkari Naukri Front | Post Published on 19 January 2026 | Last Updated on 19 January 2026

The Public Enterprises Selection Board (PESB) has officially released a high-profile recruitment notification for the post of Director (Finance) in Konkan Railway Corporation Limited (KRCL), a Schedule ‘A’ Central Public Sector Enterprise (CPSE) under the Ministry of Railways, Government of India.

This is a rare board-level PSU opportunity offering a premium pay scale of ₹1,80,000 – ₹3,40,000 per month (IDA) along with strategic leadership responsibility over finance, accounts, IT, HR, company secretarial, and medical functions of one of India’s most respected railway infrastructure organizations.

Senior executives from CPSEs, Government services, State PSUs, Armed Forces, Banks, Financial Institutions, and large private sector companies are eligible to apply through the PESB selection process.

Total Vacancies

01 Post

Advertisement No.

Advt. No. 8/2026 | File No. 7/69/2025-PESB

Short Description: KRCL Director Finance Recruitment 2026

Public Enterprises Selection Board (PESB) invites applications for the post of Director (Finance) in Konkan Railway Corporation Limited (KRCL). The post carries a pay scale of ₹1,80,000 – ₹3,40,000 (IDA) and is a Board of Directors-level appointment. The selected executive will be overall in charge of finance, accounts, funds management, and key corporate functions, playing a critical role in the financial governance of a Schedule ‘A’ PSU under the Ministry of Railways

Public Enterprises Selection Board (PESB) has officially released a notification for recruitment for Director (Finance) in Konkan Railway Corporation Limited (KRCL). Detailed eligibility, terms of reference, and application instructions are available in the KRCL Official Notification (PDF) .

Important Dates and Application Fee: KRCL Director Finance Recruitment 2026

Application Begins

16 January 2026

Last Date to Apply (Online by Applicants)

06 February 2026 (03:00 PM)

Last Date for Nodal Officers to Forward Applications

16 February 2026 (05:00 PM)

Admit Card

Not Applicable (Board-level selection)

Examination Date

Not Applicable (Selection through interview)

Application Fee

No application fee is required for PESB Board-level posts.

Mode of Payment

Not Applicable

Posts, Vacancy, Age Limit, Pay Scale, and Qualification Details

Post Name / Pay Scale	Total Vacancy	Educational Qualification
Director (Finance) – ₹1,80,000–₹3,40,000 (IDA)	01	CA / Cost Accountant / MBA-Finance / PGDM (Finance)

About Konkan Railway Corporation Limited (KRCL)

Konkan Railway Corporation Limited was established in 1991 to construct and operate the strategic Roha–Mangalore Broad Gauge rail line. After completing construction in 1998, KRCL became a full-fledged operating railway system known as Konkan Railway.

KRCL is currently executing multiple national infrastructure projects, including:

• USBRL new rail line (53 km)
• Port connectivity projects
• Road tunnel projects in Kerala
• Bridges and ROBs under ECoR
• International railway rehabilitation projects (Kenya)
• PMC, consultancy, and inspection works across India

The corporation is a Schedule ‘A’ CPSE under the Ministry of Railways, headquartered in Navi Mumbai, with over 5,000 regular employees and paid-up capital of ₹2,351.34 crore as on 31.03.2025

Note

• This is a Board of Directors-level position
• Selection is governed by PESB guidelines
• Appointment requires vigilance clearance
• The government reserves the right to modify or cancel recruitment

Age Limit & Eligibility

Age Limit (as on Date of Occurrence of Vacancy – 01.06.2026)

Category	Minimum Age	Maximum Age
Internal Candidates	45 Years	2 years residual service
External Candidates	45 Years	3 years residual service

Age of Superannuation

60 Years

Cut-Off Date for Age Calculation

01 June 2026

Employment Status (Mandatory Requirement)

Applicants must be employed in a regular capacity (not contractual/ad hoc) in one of the following:

• Central Public Sector Enterprises (CPSEs)
• Central Government Group ‘A’ Officers / AIS / Armed Forces
• Public Sector Banks / Financial Institutions
• State PSUs with turnover ≥ ₹2,000 crore

Private sector companies with turnover ≥ ₹2,000 crore (preference to listed companies)

Educational Qualification

Applicants must possess:

• Chartered Accountant (CA) or
• Cost Accountant (CMA) or
• Full-time MBA / PGDM in Finance with a good academic record

Officers of the organized Group ‘A’ Accounts Services are exempted from the educational qualification requirement, subject to relevant experience.

Experience Requirement

Applicants must have a minimum of 5 years of cumulative experience during the last 10 years at a senior level in:

• Corporate Financial Management
• Corporate Accounts
• Government/PSU Financial Operations
• Large organization financial governance

Experience in railways, infrastructure, capital-intensive projects, or large PSUs will be considered an added advantage.

Pay Scale & Eligibility Scales

IDA Pay Scale

₹1,80,000 – ₹3,40,000 per month

Eligible Pay Scales for Applicants

• ₹1,20,000–₹2,80,000 (IDA)
• ₹51,300–₹73,000 (IDA)
• Level 14 CDA (₹1,44,200–₹2,18,200)
• Joint Secretary level (CDA) or equivalent
• Board-level or immediate below Board-level positions

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Duration of Appointment

• 5 years from the date of joining
  OR
• Till superannuation (60 years)
  (whichever is earlier)

How to Apply (PESB Process): KRCL Director Finance Recruitment 2026

Candidates may apply using either of the following methods:

Option 1: Online Only

1. Visit https://pesb.gov.in
2. Fill application form online
3. Forward online through the proper channel

Option 2: Online + Offline

1. Apply online at the PESB website
2. Take a printout of the KRCL Director of Finance Recruitment
3. Send offline through the proper channel

Postal Address

Secretary, PESB
Public Enterprises Bhawan
Block No. 14, CGO Complex
Lodhi Road, New Delhi – 110003

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Documents Required: KRCL Director Finance Recruitment 2026

• Online application form printout
• Proof of age
• Qualification certificates
• Experience certificates
• Annual reports (private sector candidates)
• Proof of listed company (if applicable)
• Board-level employment proof
• Vigilance clearance
• Undertaking to join if selected

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Selection Process: KRCL Director Finance Recruitment 2026

1. Shortlisting by PESB
2. Personal Interview
3. Recommendation to the Appointments Committee of the Cabinet (ACC)
4. Vigilance & background verification
5. Appointment order issuance

Important Instructions

• Applications received after the deadline will be rejected
• Incomplete applications not accepted
• Vigilance clearance mandatory
• No relaxation in eligibility norms
• Canvassing will lead to disqualification
• Final appointment of Konkan Railway Jobs is subject to ACC approval
• PESB reserves the right to shortlist applicants

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FAQs:

Important Links

• PESB Official Website
• KRCL Website
• Ministry of Railways
• Application Portal: PESB Online
• Address: PESB, CGO Complex, New Delhi

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