Last Date:16 February,2021
Indian Railway Finance Corporation Limited (IRFC)
All India
IRFC Assistant Notification 2021 is open (03/-2020) and inviting application for the posts of 09 Assistant, Hindi Translator & Various Vacancy from Any Degree, Degree PG, Graduate pass candidates interested in sarkari result IRFC Assistant Online application can apply before 16 February 2021. Please go through this article and follow each tables for full vacancy details, educational qualification, eligibility criteria, pay scale, salary and How to apply Indian Railway Finance Corporation Limited IRFC Assistant job opening at official website www.irfc.nic.in
Employment Notification 09 Assistant, Hindi Translator & Various Vacancy – IRFC,All India
JOB DETAILS:
Name of the post – Assistant, Hindi Translator & Various
No of post – 09
Pay Scale – 21000 – 98000/- Per Month
Educational Qualification:
Any Degree, Degree PG, Graduate.
Apply to 09 Assistant, Hindi Translator & Various Vacancy – IRFC,All India
General Conditions:
- Indian Railway Finance Corporation Limited (“IRFC” or “Company”) was incorporated on 12th December, 1986 as a wholly Govt. owned Company under the Administrative control of Ministry of Railways. The Company is a Public Finance Institution engaged in supporting creation of infrastructure in Railway Sector in India. Its main business activity has been leasing of Rolling Stocks (Locomotives, Passenger Coaches and Freight Wagons) to Indian Railways. The Company raises financial resources from diverse financial markets using a variety of instruments to fund acquisition of these assets. IRFC is Schedule ‘A’ Organization and has consistently been rated as EXCELLENT by Govt. of India in the achievement of its MOU targets. As of March 31st2020 the turnover of the Company is Rs.13838.46 Crore and net worth is Rs.30962.43 Crore.
- All qualifications should be from Universities/Institutions recognized and approved in India by AICTE / UGC / Appropriate Statutory Authority.
- Candidates belonging to Government / Semi-Government Organization / PSUs should send their application through proper channel. However, in case application has not been routed through proper channel, a No Objection Certificate (NOC) from present employer should be produced at the time of Written Test. However, in the event of difficulty in forwarding the application through proper channel/getting NOC from their parent department, they may submit an undertaking at the time of written test that they will produce proper relieving order from their organization, in case selected; otherwise they will not be allowed to join. In both cases, pay protection will be given.
- Incomplete Application(s) or applications received late will be summarily rejected.
- The cutoff date for reckoning maximum age limit / minimum experience requirement / qualification (whichever applicable) shall be last date of receipt of application i.e. 16.02.2021.
- The mere fact that a candidate has submitted the application against the advertisement and apparently fulfilling criteria as prescribed in the advertisement would not bestow on him/her the right to be called for interview / considered for selection process.
- The total number of projected vacancy indicated in this advertisement may increase /decrease/ or to be cancelled at the discretion of IRFC Management, if need so arises, without any further notice and without assigning any reason thereof.
- While applying for the post, the applicant should ensure that he / she fulfills the eligibility and other norms mentioned above, as on the specified date and that the particulars furnished are correct in all respects. In case it is detected at any stage of recruitment that a candidate does not fulfill the eligibility norms and / or that he / she has furnished any incorrect / false information or has suppressed any material fact(s), his / her candidature shall 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 any notice.
- Any legal proceeding in respect of any matter of claim or dispute arising out of this advertisement and / or any application in response there to can be instituted only in Delhi and courts / tribunal / forums at Delhi only shall have sole and exclusive jurisdiction to try any such case / dispute.
- In case any ambiguity/dispute arises on account of interpretation in version other than English, English version will prevail.
- The original testimonials/documents along with one self-attested copy will have to be produced by the candidates at the time of Selection.
- No person shall be eligible for appointment if he/she has been convicted in a court of law for any offence involving moral turpitude.
- The candidate should submit only single application for one vacancy and application once submitted cannot be altered. A valid e-mail ID and mobile number are essential for submission of application. IRFC will not be responsible for bouncing of any e-mail sent to the candidates. However, a candidate can apply for any number of vacancies.
- No correspondence will be entertained from the candidates not selected for interview /appointment.
- Canvassing in any form will be a disqualification.
Selection Process:
Vacancy Notice 09 Assistant, Hindi Translator & Various Vacancy – IRFC,All India
- A written test / Computer based test may be conducted for all the post specified above. The test will comprise of questions on the Aptitude & Reasoning, General English, General Awareness, Quantitative Aptitude / Professional Ability. The centers of written/CBT test for all the post(s) shall be in Delhi and NCR only. There will be no interview for the above notified post(s).
- The candidates applying for the post for serial number 1,2 and 3 above after qualifying the Written/CBT Test, has to undergo for a skill test in Short-Hand and Typing and Translation.
- The Minimum Qualifying marks in written test / CBT shall be as under:
(i) For General / OBC(NCL): Minimum 50% marks
(ii) For SC/ST/PwBD (for Reserved Vacancies) – Minimum 40 % Marks - In case of tie of marks obtained by more than one candidate, the resolution will be done in the following order:
(i) The candidate with earlier/older Date of Birth, will be placed higher i.e. the candidate in age seniority will be placed higher.
(ii) In case of tie as mentioned at (a) above, the candidate with higher percentage pass marks in qualifying examination, as per eligibility criteria, will be placed higher. - Appointment of successful candidates will be subject to verification of original documents relating to age, Qualification, Caste, Experience & Medical fitness certificate issued by the Medical Authorities as prescribed under the rules of IRFC
About Us:
- To be the pivotal and premier Financial Services Company for the development of Rail Transport Sector while maintaining its symbiotic relationship with the Ministry of Railways.
- To make IRFC one of the leading Financial Service Companies in the country, for raising funds from the capital market at competitive cost for augmenting railway plan finances, duly ensuring that the Corporation makes optimum profits from its operations.
- In achieving the mission, the objectives of the Corporation are:
- Indian Railway Finance Corporation (IRFC) was set up on 12th December, 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic as well as overseas Capital Markets.
- IRFC is a Schedule ‘A’ Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India. It is also registered as Systemically Important Non–Deposit taking Non Banking Financial Company (NBFC – ND-SI) and Infrastructure Finance Company (NBFC- IFC) with Reserve Bank of India (RBI).
- In more than 30 years of existence, IRFC has played a significant role in supporting the expansion of the Indian Railways and related entities by financing a significant proportion of its annual plan outlay.
- The primary objective of IRFC is to meet the predominant portion of ‘Extra Budgetary Resources’ (EBR) requirement of the Indian Railways through market borrowings at the most competitive rates and terms. The Company’s principal business therefore is to borrow funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways.
- IRFC’s cumulative funding to rail sector has crossed Rs.1.80 lakh crore as of 31st March, 2017 and is all set to cross Rs.2.20 lakh crore by the end of March, 2018. The funds are utilized for acquiring rolling stock assets and also building up infrastructure, constituting significant part of annual capital expenditure of Indian Railways. So far, it has funded acquisition of 8998 locomotives, 47910 passenger coaches, 2,14,456 wagons, which constitute around 70% of the total rolling stock fleet of Indian Railways.
- From 2011-12 onwards, IRFC has forayed into funding of railway projects and capacity enhancement works. The Company has been assigned the additional task of funding Railway Projects through Institutional Finance to the extent of Rs.1.50 Lakh Crore by 2019-20.
- IRFC has also been lending to various entities in Railway sector like Rail Vikas Nigam Limited (RVNL), Railtel, Konkan Railway Corporation Limited (KRCL), Pipavav Railway Corporation Limited (PRCL) etc.
- IRFC’s constant endeavor has been to diversify its borrowing portfolio in terms of instruments, markets and investors which has led to the Company meeting the targeted borrowings year after year, through issue of both taxable and tax-free bonds, term loan from banks/financial institutions besides off shore borrowings, at competitive market rate.
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