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Industrial Finance Corporation of India (IFCI)

  • Recruitment Board : Industrial Finance Corporation of India (IFCI)
  • Location : India

Sector

  • Goverment job

Qualification

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Examination Fee

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Vacancy Details

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Age Limit

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Important Date and Links

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Online Links

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Post Date : 2025-06-16

Last Date : 2025-06-19

Brief Description

Industrial Finance Corporation of India (IFCI) invites online applications for 40 permanent posts of Officer Trainee (Stockholding Corporation). Eligible candidates should submit their applications by 19-06-2025 after verifying eligibility norms.

 

Vacancies & Eligibility Criteria:

PostVacancyAgeQualificationPay
Officer Trainee3021-28 yrsGraduation/Post Graduation with min 60% marksRs 25100
Officer Trainee –IT1021-28 yrsB.E. / B.Tech. (Computer Science / IT/ Electronics) with min 60% marks OR MCA / M.Sc. (Computer Science) or equivalent Post Graduation with min 60% marksRs 25100

* candidates are advised to check the official notice.

 

Dates to Consider:

Online Application forms will be received by : 19-06-2025.

Exam Date : 29-06-2025

 

Mode of Recruitment :

Selection of candidates will be carried out based on a multi-stage process which includes shortlisting of applications as per the prescribed eligibility criteria, followed by an online test and a final interview. Candidates must qualify at each stage to move forward in the recruitment process and be considered for the final panel interview.

 

The shortlisting process will be carried out in multiple stages as :

 

a) StockHolding retains the right to limit the number of candidates called for each stage of the recruitment process. The indicative ratio of candidates to be called for online test and interview is as :

Recruitment RoundNo. of Candidates to be calledBasis of Selection
Online TestUp to 20 times of vacancyAggregate percentage of marks or any other screening criteria as decided by StockHolding
InterviewUp to 5 times of vacancyScores secured in the online test based on merit

The online test will consist of the these three sections:

TestSubject / Section
IEnglish
IILogical
IIIQuantitative
  • The online test will be of approximately 1 hour and 30 minutes duration.
  • Candidates must pass in each subject or section individually to qualify.
  • The minimum passing score in each section is 40%, and the overall minimum score required is also 40%.

c) Interviews will be conducted virtually through an online platform.

 

Fee Structure :

No Application fee.

 

How to Apply :

Candidates can submit applications through the offered online facility on or before 19-06-2025. Before filling out the application, please review the provided instructions carefully. It is the applicant responsibility to ensure that all personal and educational information is included in the appropriate sections of the online application, in accordance with their certifications. On the online application, applicants are requested to upload a scanned photo of themselves along with their signature. We recommend printing out the online application and keeping it for future reference.

 

 

Related :

  • Official Notification
PositionOfficer Trainee
*No. of Positions- 30
Vacancy CodeHWD/Vacancy/25-26/REGHO/01
Job LocationAnywhere in India
Eligibility CriteriaOnly Indian citizens are eligible to apply
Age Limit:Minimum Age: 21 Years as on 1st June 2025
Age Limit: Less than 28 years as on 1st June 2025
Educational Qualification as on 1st June 2025:

Must have passed Graduation/Post Graduation with minimum 60% marks in aggregate from a recognized UGC University/Institution

IMPORTANT INSTRUCTIONS FOR THE POSITION OF OFFICER TRAINEE

  • Application to be received only in online mode through the career page of StockHolding. Applications received through any other mode shall be summarily rejected.
  • Candidates are advised to go through the requirements of educational qualification, age etc. and satisfy themselves before applying that they are eligible.
  • Candidates are advised to keep their e-mail ID and mobile connection active for receiving future communication.
  • StockHolding reserves the right to conduct document verification at any stage (i.e. during Preliminary screening / Online test / Interview / Joining etc.
  • StockHolding reserves the right to cancel / modify the recruitment process entirely or partially at any stage / time, if so warranted, without assigning any reason thereof. StockHolding also reserves the right to change the notified vacancies without assigning any reason(s), whatsoever.
  • Before submission of the application, candidates must check that they have filled in correct details in each respective field of the application form. After submission of online applications, no changes /corrections/modifications will be allowed under any circumstances. Requests received in this regard in any form like Post, Email, by hand etc. shall not be entertained and will be summarily rejected.
  • To ascertain eligibility, StockHolding may obtain additional information from the candidates. In case, it is detected at any stage of engagement process, that a candidate does not fulfil the eligibility norms and/or that he/she has furnished any incorrect/false information or has suppressed any material fact (s), his/her candidature will stand automatically cancelled. If any of the above shortcoming(s) is/are detected even after appointment, his/her services are liable to be terminated without notice.
  • The preliminary screening of the candidate will be carried out on merit or any other screening parameter decided by the corporation from time to time. Fulfilling eligibility criteria doesn’t accrue any claim/ right to a candidate to be called for online test and interview.
  • The selected candidates may be offered letter of intent/ appointment in the corporation subject to their completing other formalities such as verification of credentials, certificates, satisfactory reports from the references, medical examination and verification of antecedents etc.
  • Candidates against whom there is / are adverse report regarding character & antecedents, moral turpitude etc. are not eligible to apply for the post. If any such adverse orders / reports against the shortlisted/ selected candidates is found/ received by the company post their selection, their candidature/ service will be rejected/terminated forthwith.
  • At the time of interview/final selection, the candidates will be required to provide details regarding criminal case(s) pending against him/ her, if any. The company will also conduct independent verification, inter alia, including verification of police records etc. StockHolding reserves right to deny the appointment depending upon such disclosures and/ or independent verification.
  • Candidates furnishing false information / suppressing the facts will be disqualified and shall be liable for debarment and legal/criminal action. Candidates who attempt fraud/impersonation shall be liable to be debarred from future recruitment process conducted by the company.
  • Candidate should not submit more than one application for the same position and vacancy code.
  • Candidate will also be required to undergo pre- recruitment medical examination as a part of recruitment process upon selection. Appointment in the Corporation is subject to candidate being found medically fit by the Corporation’s notified medical practitioners.
  • The selected candidate for the position of Officer Trainee will have to execute a Service Bond to pay the Corporation liquidated damages equal to 6 (six) month’s gross salary( last drawn salary) paid to him/her in case the candidate resigns from the service of the Corporation before expiry of two years from the date of joining.
  • On joining, the selected candidates will be designated as “Officer Trainee (OT)”. They will be subjected to continuous performance assessment as per Corporation’s extant policy during the training period (1 year). The OTs, whose performance management review will be satisfactory and who obtain the required certifications as determined by the Corporation from time to time during the training period will be designated as Executive on completion of the training period and will be on probation for one year. Upon satisfactory completion of the probation period, the Executive shall be confirmed in the services of the Corporation. If any candidate fails to achieve the minimum standards stipulated, his/ her services may be terminated and/or training/probation period shall be extended as per policy of the Corporation in force at the material time.
Remuneration
  • The remuneration for the position of Officer Trainee will be Rs.25,100/- approximately per month which includes HRA, Special Allowance and Medical Allowance but excludes Group Medical Insurance, Group Life Insurance, Group Accident Insurance, and PF which will be subject to statutory deductions as applicable.
Selection Process
  • The selection will be based on shortlisting of applications based on eligibility criteria, online test and interview. The candidate needs to qualify in each stage of recruitment process to be called for interview before a panel.
  • In case more than one candidate score same marks as cut-off marks in the final merit list (common marks at cut-off point), such candidates will be ranked in the merit according to their age in descending order.
Shortlisting Process
  • a) StockHolding reserves its right to limit the no. of candidates to be called for online test/interview. Indicative ratio of candidates to be called for online test and interview is as follows:
Recruitment RoundNo. of Candidates to be calledBasis of Selection
Online TestUpto 20 times of vacancyAggregate percentage of marks or any other screening criteria as decided by the StockHolding.
InterviewUpto 5 times of vacancyScores secured in the online test based on Merit.
  • b) The Online test will have the following sections:
TestSubject / Section
IEnglish
IILogical
IIIQuantitative
  • Duration of the online test will be 1 hour 30 minutes (approx).
  • It is mandatory to pass in each Subject/Section.
  • Minimum passing score for each Subject/Section is 40% and overall minimum passing score is 40%.
  • c) Interviews will be conducted in virtual mode.
  • d) Final merit list shall be prepared based on the performance in the interview.
  • e) Based on suitability and at the discretion of StockHolding, a waiting list may be maintained which shall be valid for 6 months from the date of interview.

Note: Online test is scheduled to be held on 29th June 2025. In case of any change in date of online test, the same shall be notified on StockHolding’s website.

Action Against Candidates Found Guilty of Misconduct During Selection Process:

  • a. Candidates are cautioned that they should not furnish any particulars or documents that are false, tampered/ fabricated and they should not suppress any material information while filling up the application form.
  • b. At the time of examination/ interview, if a candidate is (or has been) found guilty of:
  • (i) using unfair means during the examination or (ii) impersonating or procuring impersonation by any person or (iii) resorting to any irregular or improper means in connection with his/ her candidature for selection or (iv) obtaining support for his/ her candidature by any unfair means, such a candidate may, in addition to rendering himself/ herself liable to criminal prosecution, will also be liable to be:
    • Disqualified from the examination for which he/ she is a candidate
    • Debarred, either permanently or for a specified period, from any examination or recruitment conducted by StockHolding.
  • c. The use of any Mobile phones (even in switched off mode) or any other electronic communication devices or storage media like pen drive, smart watches or camera or bluetooth devices or calculator or any other storage devices or related accessories are not allowed while appearing for online test/ inside the premises where the examination/ interview is held. Any infringement of these instructions shall entail cancellation of candidature and disciplinary action including ban from future examinations.
 Only specific query related to system issues faced while applying for the position may be emailed to recruitment@stockholding.com along with screen shot of the error page. Resume or any other general query, if any received through E-mail will not be entertained.
 The online application window will open after 11:00 AM on 13th June, 2025 and will be available till 6:00 PM on 19th June, 2025.
 APPLY NOW
PositionOfficer Trainee –IT
* No. of Positions- 10
DepartmentIT
Vacancy CodeHWD/Vacancy/25-26/IT/01
Job LocationNavi Mumbai/Mumbai (*)
(*) However, candidate may be posted anywhere across India as per exigencies of the Corporation
Eligibility CriteriaOnly Indian citizens are eligible to apply
Age Limit:Minimum Age: 21 years as on 1st June 2025
Age Limit: Less than 28 years as on 1st June 2025
Educational Qualifications
  • a) Must have passed the B.E./B.Tech. (Computer Science / IT/ Electronics) with minimum 60% marks in aggregate from a recognized UGC/AICTE recognized University/Institution
  • b) MCA / M.Sc. (Computer Science) or equivalent Post Graduation with minimum 60% marks in aggregate from a UGC/AICTE recognized University/Institution
  • c) Students who are in the Final Year/Semester (Graduation/Post Graduation) may also apply provisionally subject to the condition that, if called for interview, they will have to produce proof of having passed the final examination with minimum 60% of marks in aggregate on or before 30th June 2025.
Skill Set:
  1. Knowledge of SQL Database Concepts, Software Development Life cycle and TestingConcepts
  2. Quick Learner and willing to accept responsibility
  3. Functional knowledge of Capital Market will be an advantage
 

IMPORTANT INSTRUCTIONS FOR THE POSITION OF OFFICER TRAINEE-IT

  • Application to be received only in online mode through the career page of StockHolding. Applications received through any other mode shall be summarily rejected.
  • Candidates are advised to go through the requirements of educational qualification, age etc. and satisfy themselves before applying that they are eligible.
  • Candidates are advised to keep their e-mail ID and mobile connection active for receiving future communication.
  • StockHolding reserves the right to conduct document verification at any stage (i.e. during Preliminary screening / Online test / Interview / Joining etc.
  • StockHolding reserves the right to cancel / modify the recruitment process entirely or partially at any stage / time, if so warranted, without assigning any reason thereof. StockHolding also reserves the right to change the notified vacancies without assigning any reason(s), whatsoever.
  • Before submission of the application, candidates must check that they have filled in correct details in each respective field of the application form. After submission of online applications, no changes /corrections/modifications will be allowed under any circumstances. Requests received in this regard in any form like Post, Email, by hand etc. shall not be entertained and will be summarily rejected.
  • To ascertain eligibility, StockHolding may obtain additional information from the candidates. In case, it is detected at any stage of engagement process, that a candidate does not fulfil the eligibility norms and/or that he/she has furnished any incorrect/false information or has suppressed any material fact (s), his/her candidature will stand automatically cancelled. If any of the above shortcoming(s) is/are detected even after appointment, his/her services are liable to be terminated without notice.
  • The preliminary screening of the candidate will be carried out on merit or any other screening parameter decided by the corporation from time to time. Fulfilling eligibility criteria doesn’t accrue any claim/ right to a candidate to be called for online test and interview.
  • The selected candidates may be offered letter of intent/ appointment in the corporation subject to their completing other formalities such as verification of credentials, certificates, satisfactory reports from the references, medical examination and verification of antecedents etc.
  • Candidates against whom there is / are adverse report regarding character & antecedents, moral turpitude etc. are not eligible to apply for the post. If any such adverse orders / reports against the shortlisted/ selected candidates is found/ received by the company post their selection, their candidature/ service will be rejected/terminated forthwith.
  • At the time of interview/final selection, the candidates will be required to provide details regarding criminal case(s) pending against him/ her, if any. The company will also conduct independent verification, inter alia, including verification of police records etc. StockHolding reserves right to deny the appointment depending upon such disclosures and/ or independent verification.
  • Candidates furnishing false information / suppressing the facts will be disqualified and shall be liable for debarment and legal/criminal action. Candidates who attempt fraud/impersonation shall be liable to be debarred from future recruitment process conducted by the company.
  • Candidate should not submit more than one application for the same position and vacancy code.
  • Candidate will also be required to undergo pre- recruitment medical examination as a part of recruitment process upon selection. Appointment in the Corporation is subject to candidate being found medically fit by the Corporation’s notified medical practitioners.
  • The selected candidate for the position of Officer Trainee will have to execute a Service Bond to pay the Corporation liquidated damages equal to 6 (six) month’s gross salary( last drawn salary) paid to him/her in case the candidate resigns from the service of the Corporation before expiry of two years from the date of joining.
  • On joining, the selected candidates will be designated as “Officer Trainee (OT)”. They will be subjected to continuous performance assessment as per Corporation’s extant policy during the training period (1 year). The OTs, whose performance management review will be satisfactory and who obtain the required certifications as determined by the Corporation from time to time during the training period will be designated as Executive on completion of the training period and will be on probation for one year. Upon satisfactory completion of the probation period, the Executive shall be confirmed in the services of the Corporation. If any candidate fails to achieve the minimum standards stipulated, his/ her services may be terminated and/or training/probation period shall be extended as per policy of the Corporation in force at the material time.
Remuneration
  • The remuneration for the position of Officer Trainee will be Rs.25,100/- approximately per month which includes HRA, Special Allowance and Medical Allowance but excludes Group Medical Insurance, Group Life Insurance, Group Accident Insurance, and PF which will be subject to statutory deductions as applicable.
Selection Process
  • The selection will be based on shortlisting of applications based on eligibility criteria, online test and interview. The candidate needs to qualify in each stage of recruitment process to be called for interview before a panel.
  • In case more than one candidate score same marks as cut-off marks in the final merit list (common marks at cut-off point), such candidates will be ranked in the merit according to their age in descending order.
Shortlisting Process
  • a) StockHolding reserves its right to limit the no. of candidates to be called for online test/interview. Indicative ratio of candidates to be called for online test and interview is as follows:
Recruitment RoundNo. of Candidates to be calledBasis of Selection
Online TestUpto 20 times of vacancyAggregate percentage of marks or any other screening criteria as decided by the StockHolding.
InterviewUpto 5 times of vacancyScores secured in the online test based on Merit.
  • b) The Online test will have the following sections:
TestSubject / Section
IEnglish
IILogical
IIIQuantitative
IVSQL
VBasic Computer Literacy
  • Duration of the online test will be 2 hours (approx).
  • It is mandatory to pass in each Subject/Section.
  • Minimum passing score for each Subject/Section is 40% and overall minimum passing score is 40%.
  • c) Interviews will be conducted in virtual mode.
  • d) Final merit list shall be prepared based on the performance in the interview.
  • e) Based on suitability and at the discretion of StockHolding, a waiting list may be maintained which shall be valid for 6 months from the date of interview.

Note: Online test is scheduled to be held on 29th June 2025. In case of any change in date of online test, the same shall be notified on StockHolding’s website.

Action Against Candidates Found Guilty of Misconduct During Selection Process:

  • a. Candidates are cautioned that they should not furnish any particulars or documents that are false, tampered/ fabricated and they should not suppress any material information while filling up the application form.
  • b. At the time of examination/ interview, if a candidate is (or has been) found guilty of:
  • (i) using unfair means during the examination or (ii) impersonating or procuring impersonation by any person or (iii) resorting to any irregular or improper means in connection with his/ her candidature for selection or (iv) obtaining support for his/ her candidature by any unfair means, such a candidate may, in addition to rendering himself/ herself liable to criminal prosecution, will also be liable to be:
    • Disqualified from the examination for which he/ she is a candidate
    • Debarred, either permanently or for a specified period, from any examination or recruitment conducted by StockHolding.
  • c. The use of any Mobile phones (even in switched off mode) or any other electronic communication devices or storage media like pen drive, smart watches or camera or bluetooth devices or calculator or any other storage devices or related accessories are not allowed while appearing for online test/ inside the premises where the examination/ interview is held. Any infringement of these instructions shall entail cancellation of candidature and disciplinary action including ban from future examinations.
 Only specific query related to system issues faced while applying for the position may be emailed to recruitment@stockholding.com along with screen shot of the error page. Resume or any other general query, if any received through E-mail will not be entertained.
 The online application window will open after 11:00 AM on 13th June, 2025 and will be available till 6:00 PM on 19th June, 2025.
 APPLY NOW

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