APSFC Recruitment 2019 – Andhra Pradesh State Financial Corporation, Vijayawada has released the job notifications for the post of Managers, Deputy Managers and Assistant Managers for 38 vacancies. Candidates with the qualification of B.E/B.Tech/MBA/CA/LLB with required work experience can apply for this job. The selection process is based on an online test and interview. Eligible candidates can apply for this post online from 06 November to 25 November 2019. Here we discussed the detailed eligibility and application process.
About APSFC – Andhra Pradesh State Financial Corporation was established in the year 1956 by the Andhra Pradesh government. APSFC is the state-level Development Financial Institution to promote the small and large scale industry in the Andhra Pradesh state. The mains aim of this APSFC is to give the loans for the customers from Rs.800 lakhs to 2000 lakhs limit
APSFC Recruitment 2019:
| Job Role | Managers, Deputy Managers and Assistant Managers |
| Qualification | B.E/B.Tech/MBA/CA/LLB |
| Total Vacancies | 38 |
| Experience | Experienced |
| Salary | Rs.35,120-1,08,330/-Month |
| Job Location | Andhra Pradesh |
| Application Starting Date | 06 November 2019 |
| Last Date | 25 November 2019 |
Detailed Eligibility:
Educational Qualification:
For Manager/ Dy. Manager (Finance):
- CA/CMA or B.Tech. 1st class with MBA or PGDM (from any reputed B-School) with first-class with min. 60% marks from a recognized University.
- Experience: For Manager 3 years experience and Dy. Manager 2 years experience
For Asst. Manager (Finance)
- CA (Inter) or CMA (Inter) or MBA or PGDM from any reputed B-Schools] with first class with min. 60% marks from a recognized University.
- Proficiency in computer skills like MS Office, Financial modelling etc., is required.
- Experience: Min. of 1-year experience on a full-time basis in Banks / Financial Institutions
For Asst. Manager (Technical):
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- B.Tech. first-class with min. 60% marks in the discipline of Mechanical only from a recognized University.
- Proficiency in computer skills like MS Office, Financial modelling etc., is required.
- Experience: Min. of 1-year experience on a full-time basis in Banks / Financial Institutions
For Asst. Manager (Law):
- First Class Bachelor or Post Graduate Degree in Law in Business / Commercial Laws from a recognized university with min. 60% marks.
- Proficiency in MS Office is required.
- Experience: Min. of 3 years of Bar experience in practising Business and allied Civil Laws in High Court
Age Limit (as on 01.10.2019): 21 to 34 years
- In-service candidates of APSFC: Maximum age limit 45 years
Relaxation in Upper Age limit:
- SC/ST Candidates 5 years
- OBC Candidates 3 years
- Physically Challenged Candidates 10 years
Post-Wise Vacancies:
- Manager (Finance): 9 Posts
- Dy. Manager (Finance): 3 Posts
- Asst. Manager (Finance) : 16 Posts
- Asst. Manager (Technical): 5 Posts
- Asst. Manager (Law): 5 Posts
Pay Scale:
- Manager Rs.66,330 – 1,08,330/-
- Deputy Manager Rs.49,870 – 1,00,770/-
- Assistant Manager Rs.35,120 – 87,130/-
APSFC Recruitment Selection Process:
The selection process is based on an online test and interview.
Online test:
- The online test will be conducted in English
- Online test marks: 200
- There will be 50 objective type questions in Professional knowledge with 2 marks for each question
- 25 objective type questions with 1 mark each for others.
- The time allotted for attempting the questions will be 120 minutes.
- There shall be Negative Marking for wrong answers in the online examination
Exam question contents:
- Professional knowledge
- Reasoning
- Quantitative Aptitude
- English
- General & Financial Awareness (with Emphasis on MSMEs, etc.)
Application Fee:
- SC/ST: Rs. 413/-
- General/BC: Rs. 590/-
Mode of Payment: The payment can be made by using Debit Cards (RuPay/ Visa/ MasterCard/ Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.
How to Apply for APSFC Recruitment 2019?
All interested and eligible candidates can apply for this post online from 06 November to 25 November 2019.
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