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NEDFi, Guwahati

APPOINTMENT

North Eastern Development Finance Corporation Ltd. (NEDFi) , is a public financial institution
incorporated under the Companies Act 1956, and promoted by IDBI, SBI, LICI, and other All India
Financial Institutions and SUUTI. NEDFi was established for the development of North Eastern Region by
providing credit and support facilities to industries, infrastructure, agriculture and allied activities. NEDFi
is looking for professionals for the following posts from candidates with keen understanding of
development issues and zeal for working in the North Eastern Region.
Sl. Name of post Scale of pay Number of Requirement
No. vacancies
1. Assistant General Rs. 19,500 with annual 1 (one) Qualification:
Manager (Legal) increment of Graduate in any subject with
Grade C Rs.1250/-/- LL.B / five years integrated
course of law with 50% marks in
Total emoluments at aggregate and below the age of
initial basic will be Rs 45 years.
52,700/- (approx) per Experience:
month. At least 10 years experience as
(due for revision) Advocate or as Legal Officer in a
large Financial Institution or
Medical facilities and Bank. Candidates having 7 to 10
other perks will be as years experience may be
per rules of the considered for a post in a lower
Corporation. grade.
The candidate will be responsible
for all legal work including
drafting, conveyancing, title
investigation, legal
documentation, and filing of civil
suits for recovery of loans and
handling of DRT cases and any
litigation involving NEDFi.
2. Manager Rs. 14,500 with annual 15 for both grade Qualification:
Grade B increment of Rs.1000/- A&B First class engineering graduate,
First class master degree in
Total emoluments at economics / agriculture / agri
initial basic will be Rs economics preferably with MBA
42,400/- (approx) per Or
month. Graduate in any subject with 60%
(due for revision) marks (55% for reserved
category) from reputed
Medical facilities and institutions / University with
other perks will be as MBA/ CA or any other
per rules of the professional qualification and
Corporation. below the age of 40 years.
Experience:
Minimum 7 years post
qualification experience
preferably in areas of
appraisal and follow up
of projects in a reputed
bank / financial
institution / financial
services organization.
3. Assistant Manager Rs. 12,500 with annual Qualification:
Grade A increment of Rs.750/- First class engineering graduate,
First class master degree in
Total emoluments at economics / agriculture / agri
initial basic will be Rs economics preferably with MBA
38,200/- (approx) per Or
month. Graduate in any subject with 60%
(due for revision) (55% for reserved category)
marks from reputed institutions /
Medical facilities and University with MBA /CA or any
other perks will be as other professional qualification
per rules of the and below the age of 30 years.
Corporation. Experience:
1/2 years post qualification on the
job experience preferably in areas
of appraisal and follow up of
projects in a reputed bank /
financial institution / financial
services organization.
Candidates having less than 1
(one) year experience may be
considered for the post of
Management Trainee.
4. Assistant Manager Rs. 12,500 with annual 1 (one) Qualification:
(Legal) increment of Rs.750/- Graduate in any subject with
Grade A LL.B / five years integrated
Total emoluments at course of law with 50% marks in
initial basic will be Rs aggregate and below the age of
38,200/- (approx) per 30 years.
month. Experience:
(due for revision) 1/2 post qualification working
experience in the legal
Medical facilities and department of a bank/ financial
other perks will be as institution/ legal firm or
per rules of the practicing at court dealing with
Corporation. Civil matters including Debts
Recovery Tribunal. Must have
experience in drafting,
conveyancing, title investigation,
legal documentation etc.
Knowledge of local laws / rules
etc. applicable in North Eastern
states is desirable.
Candidates having less than 1
(one) year experience will be
considered for the post of
Management Trainee.
General:
i. Management has the right to increase / decrease the number or not to fill up the posts at its
discretion.
ii. Candidates working in State/ Central Government / PSUs/ Autonomous Body should apply
through proper channel and must produce NOC for appearing in interview.
iii. Candidates will not be allowed to appear in group discussion / interview if a set of self
attested copies of education / caste certificate/ experience certificate mentioning nature of
duty performed etc. are not enclosed with the application form and the original is not
produced at the time of interview.
iv. Hands on knowledge in computer are essential.
v. Relaxation of age & reservations for SC / ST/ OBC & person with disability shall be given
as per directives / guidelines of Govt. of India.
vi. Group Discussion / Interview will be held in New Delhi, Kolkata and Guwahati depending
upon the responses. However final selection will be held in Guwahati.
vii. Applications are to be submitted as per the Application Form which is available at
www.nedfi.com. [All applications are to be accompanied with self attested copies of
testimonials as mentioned in (iii) above.]
viii. Applications must be accompanied with Non-refundable crossed Demand Draft of Rs. 250/-
(Rupees two hundred fifty) only Rs.100/- (Rupees one hundred) only for SC/ST candidates
drawn on any Nationalised Bank in favour of “North Eastern Development Finance
Corporation Ltd.” payable at Guwahati.
ix. Applications with the name of the post applied for and two recent passport sized photograph
duly attested should reach the General Manager & Company Secretary North Eastern
Development Finance Corporation Ltd. (NEDFi), “NEDFi House” G.S. Road, Dispur,
Guwahati – 781006 latest by December 03, 2010. Phone (0361) 6115555 (30 channels) Fax
(0361) 6115556 and 2229933.

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