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Housing and Urban Development Corporation Limited
PermanentMay. 30, 2026

Director (Finance) Recruitment 2026 at Housing & Urban Development Corporation Limited (HUDCO) - 1 Vacancy

Vacancies
1
Pay Scale
Rs. 1,80,000 - 3,40,000 (IDA)
Age Limit
Minimum 45 years with required residual service as on 01-06-2024

Important Dates

Published

Dec. 20, 2023

2

Starts

Dec. 20, 2023

3

Deadline

Jan. 17, 2024

4

Exam Date

TBA

About Housing and Urban Development Corporation Limited

About HUDCO

Housing & Urban Development Corporation Ltd. (HUDCO) is a national-level techno-financial organization established to meet the financial needs of institutions in the housing and urban sector. This includes housing boards, development authorities, municipalities, and cooperatives across India, primarily through project financing. HUDCO operates as a Schedule 'A', Mini-Ratna CPSE under the administrative jurisdiction of the Ministry of Housing and Urban Affairs. As of March 31, 2023, the company employed 673 regular employees and maintains its Registered and Corporate offices in New Delhi. The Government of India holds an 81.81% shareholding in HUDCO.

Job Posts

Director (Finance)

Eligibility Criteria

Educational Qualification

  • The applicant must hold one of the following qualifications from a recognized University/Institution:
    • Chartered Accountant (CA)
    • Cost Accountant (CMA)
    • Full-time MBA/PGDM with specialization in Finance (with good academic record)
  • Preference will be given to Chartered Accountants.
  • Exemptions: Officers of Organized Group 'A' Accounts Services (e.g., Indian Audit and Accounts Service, Indian Defence Accounts Service) and applicants from Central Government/Armed Forces of the Union/All India Services are exempt from the above educational qualifications, provided they possess the 'relevant experience' as defined. For these exempted categories, CA/CMA/MBA/PGDM is considered a desirable qualification.

Age Limit Details

  • The applicant's eligibility is determined based on residual service until the age of superannuation, which is 60 years.
  • Internal Candidates: Must have at least 2 years of residual service as on the date of vacancy (01-06-2024).
  • Other Candidates: Must have at least 3 years of residual service as on the date of vacancy (01-06-2024).
  • A minimum age of 45 years is mentioned in the context of these residual service requirements.
Check Your Age Eligibility

Salary & Pay Scale

The appointed Director (Finance) will be placed in the Industrial Dearness Allowance (IDA) pay scale of Rs. 1,80,000 - 3,40,000.

The notification also lists various eligible pay scales for Central Public Sector Enterprises (CPSEs) and Central Government officers depending on the revision period, with a minimum service length required in the eligible scale (one year for internal candidates, two years for others) as on the date of vacancy.

Delhi Govt Salary Calculator

How to Apply

How to Apply

Applicants must submit their applications online only through the Public Enterprises Selection Board (PESB) website. The process involves:

  1. Online Application: Fill out the Application Form online against this Job Description on the PESB website: https://pesbnew.nic.in/.
  2. Submission Process (Based on Current Employment):
    • Group 'A' Central Government Officers, Armed Forces, All India Services: Submit through their Cadre Controlling authority.
    • Public Sector Banks/Financial Institutions/Autonomous Bodies: Submit through their Administrative Ministry/Department of the Govt. of India.
    • CMDs/MDs/Functional Directors in CPSE: Through the concerned Administrative Ministry.
    • Below Board level in CPSE: Through the concerned CPSE.
    • CMDs/MDs/Functional Directors in State PSE: Through the concerned Administrative Secretary and Cadre Controlling Authority.
    • Below Board level in SPSE: Through the concerned SPSE.
    • Private Sector: Apply directly to the PESB. Private sector applicants must also submit specific documents including Annual Reports for the last 3 financial years (with URL/copies), proof of company listing (if applicable), evidence of working at Board level or immediately below, self-attested copies of age and qualification documents, and details of relevant past jobs.
  3. Timeline: The total timeline for receipt of applications in PESB is 30 days from the date of publication of the advertisement. The last date for submission of applications by applicants is January 17, 2024. Nodal officers must forward applications to PESB by January 29, 2024. Applications received after the stipulated dates will be rejected.

Official Links

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