Monthly pay scale up to ₹1.40 lakh along with PSU benefits makes SMFCL Executive Recruitment 2026 a major opportunity for engineering, finance, legal, IT, and company secretary professionals. Sagarmala Finance Corporation Limited is recruiting Executive-level officers in E-1 Grade through an online application process for multiple disciplines under a Mini Ratna Category-I CPSE.
SMFCL Executive Recruitment 2026 is ideal for young professionals seeking a long-term government-sector career in maritime finance and infrastructure development. The organization functions under the Ministry of Ports, Shipping and Waterways and focuses on financing infrastructure projects, logistics modernization, shipbuilding, and coastal development. Candidates selected through this recruitment process may receive exposure to high-impact national infrastructure projects along with attractive salary packages and career advancement opportunities.
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Recruitment Overview
| Particulars | Details |
|---|---|
| Organization Name | Sagarmala Finance Corporation Limited (SMFCL) |
| Post Name | Executive (E-1 Grade) |
| Total Vacancies | 12 |
| Job Location | Across India |
| Application Mode | Online |
| Job Type | PSU Government Job |
| Advertisement Number | SMFCL Rectt. Advt. No. 01/2026 |
| Salary/Pay Scale | ₹40,000 – ₹1,40,000 |
| Qualification | CA/CMA, B.E./B.Tech, LLB, CS |
| Age Limit | Maximum 30 Years |
| Experience | Not Mandatory |
| Application Fee | ₹1,000 |
| Selection Process | CBT and Interview |
| Official Website | SMFCL Official Website |
Important Dates
| Event | Date |
|---|---|
| Notification Release Date | 20 May 2026 |
| Online Application Start Date | 20 May 2026 |
| Last Date to Apply Online | 18 June 2026 |
| Last Date for Fee Payment | 18 June 2026 |
| Tentative CBT Date | July 2026 |
| Interview Date | To Be Announced |
Vacancy Details
SMFCL Executive Recruitment 2026 includes vacancies across five major disciplines.
| Discipline | Vacancies |
|---|---|
| Finance | 05 |
| Projects | 04 |
| Legal | 01 |
| Company Secretary | 01 |
| IT | 01 |
Category-Wise Vacancy Distribution
| Category | Vacancies |
|---|---|
| UR | 05 |
| OBC-NCL | 03 |
| SC | 02 |
| ST | 01 |
| EWS | 01 |
One post is reserved for PwBD candidates.
Eligibility Criteria
Educational Qualification
Candidates applying for SMFCL Executive Recruitment 2026 must possess discipline-specific qualifications.
Finance Discipline
Applicants should hold CA or CMA qualifications from recognized institutions.
Projects Discipline
Candidates must possess a B.E./B.Tech degree in Civil, Electrical, Mechanical, Electronics, Electrical & Electronics, or Electronics & Communication Engineering with at least 60% marks.
Legal Discipline
Applicants should have either a 3-year LLB degree or a 5-year integrated law degree with first division or equivalent CGPA.
Company Secretary Discipline
Candidates should be graduates with Associate or Fellow Membership of the Institute of Company Secretaries of India (ICSI).
IT Discipline
Applicants must possess B.E./B.Tech in Computer Science with minimum 60% marks.
Age Limit
The maximum age limit for all posts under SMFCL Executive Recruitment 2026 is 30 years as on 18 June 2026.
Age Relaxation
| Category | Relaxation |
|---|---|
| SC/ST | 5 Years |
| OBC-NCL | 3 Years |
| PwBD | 10 Years |
| Ex-Servicemen | As per Government Rules |
| Govt/PSU Employees | Up to 5 Years |
Experience
The notification does not mandate prior work experience for Executive E-1 Grade posts. However, candidates with internships, PSU exposure, project work, or technical certifications may have an advantage during the interview process.
Salary & Benefits
Selected candidates under SMFCL Executive Recruitment 2026 will receive E-1 Grade pay scale benefits.
| Pay Scale | ₹40,000 – ₹1,40,000 |
|---|
Additional Benefits
Candidates may also receive:
- Dearness Allowance
- HRA or leased accommodation
- Provident Fund
- Medical reimbursement
- Leave benefits
- Gratuity
- Other PSU allowances
Working in a Mini Ratna PSU can significantly improve long-term career prospects in finance, infrastructure, logistics, engineering, and public-sector management.
Application Fee
| Category | Fee |
|---|---|
| UR/EWS/OBC-NCL | ₹1,000 |
| SC/ST/PwBD | Exempted |
Payment Mode
The application fee must be paid online during the application process.
Selection Process
SMFCL Executive Recruitment 2026 selection will be conducted in two major stages.
Computer Based Test (CBT)
Eligible candidates will first appear for a Computer Based Test consisting of:
- 90 questions from discipline/domain subjects
- 60 questions from General Aptitude
The General Aptitude section includes:
- English
- Quantitative Aptitude
- Reasoning
- General Awareness
The CBT will carry 150 marks with a duration of 2 hours. Negative marking of 0.25 marks will apply for each wrong answer.
Personal Interview
Candidates qualifying in the CBT will be shortlisted for interviews in a 1:7 ratio depending on vacancy availability. The final merit will be prepared with:
- 85% weightage to CBT
- 15% weightage to Interview
Candidates should focus strongly on technical concepts from their discipline because the written test carries the highest weightage.
How to Apply – Step by Step
Step 1:
Visit the official website: SMFCL Careers Portal
Step 2:
Open the SMFCL Executive Recruitment 2026 notification link.
Step 3:
Read the detailed notification carefully and verify eligibility conditions.
Step 4:
Click on “Apply Online” and complete registration using your email ID and mobile number.
Step 5:
Fill in personal details, educational qualifications, and category information correctly.
Step 6:
Upload scanned copies of photograph, signature, certificates, ID proof, and required documents.
Step 7:
Pay the online application fee and submit the application form.
Step 8:
Download and save the final submitted application form and registration number for future reference.
Is This Job Right for You?
SMFCL Executive Recruitment 2026 is a strong opportunity for candidates aiming to build a professional career in PSU finance, infrastructure development, legal compliance, engineering projects, and technology management. Fresh graduates and early-career professionals with technical qualifications may particularly benefit from this recruitment because the organization provides both financial stability and long-term exposure to national infrastructure initiatives.
Candidates who are comfortable with technical learning, government-sector discipline, and nationwide postings should seriously consider applying. However, applicants looking for fully remote roles or private-sector startup environments may not find PSU work culture suitable.
One important preparation tip is to thoroughly revise discipline-specific concepts because the CBT gives major weightage to technical subjects. Candidates should also practice aptitude questions regularly to improve speed and accuracy.
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Frequently Asked Questions
Q1. What is the last date to apply for SMFCL Executive Recruitment 2026?
The last date to apply online is 18 June 2026.
Q2. What is the salary under SMFCL Executive Recruitment 2026?
Selected candidates will receive a pay scale of ₹40,000 to ₹1,40,000.
Q3. What is the eligibility for SMFCL Executive Recruitment 2026?
Candidates must possess qualifications such as CA, CMA, B.E./B.Tech, LLB, or Company Secretary certification depending on the discipline.
Q4. How can I apply for SMFCL Executive Recruitment 2026?
Candidates must apply online through the official SMFCL website.
Q5. What is the selection process for SMFCL Executive Recruitment 2026?
The selection process includes a Computer Based Test followed by a personal interview.
Q6. Is there negative marking in the CBT?
Yes, 0.25 marks will be deducted for every wrong answer.
Q7. How many vacancies are available in SMFCL Executive Recruitment 2026?
A total of 12 vacancies have been announced.
Conclusion
SMFCL Executive Recruitment 2026 offers an excellent PSU career opportunity for finance, engineering, legal, IT, and company secretary professionals. With competitive salaries, government benefits, and opportunities to work in maritime infrastructure financing, the recruitment drive is attractive for ambitious candidates. Interested applicants should complete the online registration process before 18 June 2026 and begin preparing seriously for the CBT examination.
Official Website: SMFCL Official Website
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