Department of Financial Services, Ministry of Finance
Permanent

DFS DRAT Chairperson Recruitment 2026

Sourced from Official Government PDF
Oct. 14, 2026
ChairpersonChairperson, Debts Recovery Appellate Tribunal

Required Qualification

Professional20
LLB17
Judicial2
★
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Quick Recruitment Snapshot

Key recruitment parameters at a glance before you apply

Vacancies
2
Pay Scale
Rs. 2,50,000/- per month (Fixed) as per Tribunal Rules 2021
Age Limit
Up to 70 Years (Term of 5 years or till attaining 70 years)
Job Location
Uttar Pradesh28West Bengal19+2 More...

Crucial Recruitment Dates

Official schedule & key deadlines

Published

Oct 1, 2026

2

Starts

Oct 1, 2026

3

Deadline

Nov 9, 2026

4

Exam Date

TBA

Application Window1 Oct – 9 Nov 2026
Exam / Test DateTo Be Announced

Eligibility Criteria & Educational Qualifications

Who is eligible to apply for this recruitment? Check essential educational qualifications, branch/stream criteria, and age limits.

Educational Qualification

A person shall not be qualified for appointment as Chairperson of Debts Recovery Appellate Tribunal unless he/she: (i) is, or has been, a Judge of a High Court; OR (ii) has been a member of the Indian Legal Service (ILS) with 10 years of litigation experience and held the post of Additional Secretary or higher; OR (iii) has held the office of Presiding Officer of a Debts Recovery Tribunal (DRT) for at least 3 years. Serving Judges/Officers must resign or seek voluntary retirement prior to joining.

Age Limit & Relaxations

As per Section 17(1)(a) of the Tribunal Reforms Act, 2021, Chairperson of a DRAT shall hold office for a term of 5 years or till attaining the age of 70 years, whichever is earlier.

Check Your Age Eligibility

Selection Procedure & Screening Stages

Verified Official Source

Multi-stage interview and rubric-based evaluation procedure.

Search-Cum-Selection Committee Scrutiny & Experience Evaluation

OfflineQualifying Only

Personal Interaction & Judicial Suitability Evaluation

Offline/InterviewMerit Scored

The Search-Cum-Selection Committee constituted under the Tribunal Reforms Act, 2021 scrutinizes applications with respect to suitability, adjudicating track record, and case disposal record, followed by personal interaction. Final selection is based on overall merit evaluation by the Committee.

Selection Criteria & Marking Scheme

Verified Official Source

Official weightage breakdown, qualification scoring, and interview evaluation criteria.

Evaluation Parameter / ComponentMax Marks / WeightageAssessment Criteria & Guidelines
Judicial / Litigation Track Record & Seniority35 MarksLength of service as High Court Judge, Additional Secretary in ILS, or Presiding Officer of DRT.
Adjudicating Track Record & Commercial Debt Recovery Disposals30 MarksEvaluation of complexity and volume of case judgments disposed of under RDB Act 1993, SARFAESI Act 2002, and IBC 2016 in the past 2 years.
Integrity, Vigilance Clearance, & APAR Dossier Grading15 MarksClean integrity certificate, absence of penalties, and Outstanding/Very Good APAR grading over the last 5 years.
Personal Interaction with Search-Cum-Selection Committee20 MarksAssessment of judicial temperament, vision for reducing pendency in debt recovery appeals, and personal interaction.

Aspirant Ground Reality & Career Trajectory

Verified Official Source

Practical service rules, posting locations, transfer policy, and promotion ladder curated from official gazettes.

Work Culture & Environment

Office/fieldwork balance, duties, organizational environment.

High-level judicial and appellate adjudicatory environment at the Debts Recovery Appellate Tribunal (DRAT) in Allahabad and Kolkata. As the sole presiding appellate authority over regional Debts Recovery Tribunals (DRTs), the Chairperson hears appeals against interlocutory and final orders under the Recovery of Debts and Bankruptcy Act (RDB Act) 1993 and Section 18 of the SARFAESI Act 2002, adjudicating multi-crore non-performing asset (NPA) bank recovery disputes.

Posting & Transfer Policy

Initial posting criteria, zone preferences, transfer liability.

Statutory tenure of 5 years or until attaining the age of 70 years, whichever is earlier, governed by the Tribunal Reforms Act 2021. Stationed at DRAT Allahabad (Prayagraj) or DRAT Kolkata, with jurisdiction covering subordinate DRTs across multiple states.

Career & Promotion Ladder

Promotion timeline, seniority ladder, pay grade scaling.

Statutory apex tribunal appointment; re-appointment is permissible under the Tribunal (Conditions of Service) Amendment Rules 2023 subject to age ceiling and recommendation of the Search-Cum-Selection Committee.
Crucial Application Warnings & Eligibility Traps

Avoid common application rejection triggers, photo/signature guidelines, and certificate validity windows.

  • Candidates who applied in response to the earlier vacancy circular No. 07/19/2025-DRT dated 25.10.2025 must submit fresh applications; earlier submissions will not be considered.
  • Serving High Court Judges or members of organized services must obtain voluntary retirement or resign from parent service before formally joining the Tribunal.
  • Applications must be forwarded through proper channel along with Cadre Clearance, Vigilance/Integrity Certificate (Annexure-III), statement of penalties (last 10 years), and attested APAR dossiers for the last 5 years.
  • The physical application dossier must reach the Under Secretary (DRT), Department of Financial Services, 3rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi - 110001 on or before November 9, 2026 (5:00 PM).

Category-Wise Vacancy Breakdown & Pay Scale

Detailed post distribution across UR, OBC, EWS, SC, ST quotas and 7th CPC Pay Matrix / Monthly Stipend.

Category-Wise Vacancy Distribution

  • UR2
Total Vacancies2

Pay Scale & Monthly Remuneration

Fixed salary of Rs. 2,50,000/- per month as prescribed under the Tribunal (Conditions of Service) Rules, 2021 as amended.

Fixed monthly salary of Rs. 2,50,000/- as per Tribunal (Conditions of Service) Rules, 2021, with standard allowances, HRA/official residence, and transport facilities admissible to Appellate Tribunal Chairpersons.

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How to Apply Online Step-by-Step?

Follow this verified step-by-step application procedure on the official recruitment portal.

Application Procedure

  1. Download the vacancy circular and application proforma (Annexure-I) from the Department of Financial Services website (financialservices.gov.in/vacancies).
  2. Complete the bio-data format detailing judicial service, ILS tenure, or DRT Presiding Officer experience, along with a 200-word write-up on adjudicating/administrative experience and details of cases disposed of in the past 2 years.
  3. Forward the application through proper channel (wherever applicable) along with Cadre Clearance, Integrity/Vigilance Clearance (Annexure-III), statement of penalties, and attested APAR/ACR dossiers for the last 5 years (2021-22 to 2025-26).
  4. Send the completed physical application dossier to: Under Secretary (DRT), Department of Financial Services, 3rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi - 110001.
  5. Ensure the application reaches on or before 09.11.2026 by 5:00 PM. Applications received after the due date will not be entertained.

Application Fee & Category Concessions

No application fee is required.

Official Notification & Portal Verification

Direct links to the authorized government portal, official notification PDF, and career portal.

Verified Official Domain
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Frequently Asked Questions & Crucial Aspirant Queries

5 Queries Resolved

Clear, verified answers to top eligibility, exam format, salary calculation, and application queries for this notification.

As per Rule 3(9) of the Tribunal Rules 2021, a candidate must be or have been a High Court Judge; OR a member of the Indian Legal Service (ILS) with 10 years of litigation experience who has held the post of Additional Secretary or higher; OR has served as Presiding Officer of a Debts Recovery Tribunal (DRT) for at least 3 years.

Sarkari Job Khojo is an independent information service and job discovery platform. All recruitment insights, syllabi, previous year exam cutoffs, and selection stages are compiled from official government notifications, gazettes, and recruitment portals. We are not affiliated with, authorized by, or an official representative of any government agency or recruitment board. Always verify details in the official advertisement PDF before applying.

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