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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 1 (one) Qualification:
Manager (Legal) annual increment of Graduate in any subject with
Grade C Rs.1250/-/- LL.B / five years integrated
course of law with 50% marks
Total emoluments at in aggregate and below the
initial basic will be age of 45 years.
Rs 52,700/- (approx) Experience:
per month. At least 10 years experience
(due for revision) as Advocate or as Legal
Officer in a large Financial
Medical facilities Institution or Bank.
and other perks will Candidates having 7 to 10
be as per rules of the years experience may be
Corporation. considered for a post in a
lower 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 15 for both grade Qualification:
Grade B annual increment of A&B First class engineering
Rs.1000/- graduate, First class master
degree in economics /
Total emoluments at agriculture / agri economics
initial basic will be preferably with MBA
Rs 42,400/- (approx) Or
per month. Graduate in any subject with
(due for revision) 60% marks (55% for reserved
category) from reputed
Medical facilities institutions / University with
and other perks will MBA/ CA or any other
be as 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 Qualification:
Grade A annual increment of First class engineering
Rs.750/- graduate, First class master
degree in economics /
Total emoluments at agriculture / agri economics
initial basic will be preferably with MBA
Rs 38,200/- (approx) Or
per month. Graduate in any subject with
(due for revision) 60% (55% for reserved
category) marks from reputed
Medical facilities institutions / University with
and other perks will MBA /CA or any other
be as per rules of the professional qualification and
Corporation. below the age of 30 years.
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 1 (one) Qualification:
(Legal) annual increment of Graduate in any subject with
Grade A Rs.750/- LL.B / five years integrated
course of law with 50% marks
Total emoluments at in aggregate and below the
initial basic will be age of 30 years.
Rs 38,200/- (approx) Experience:
per month. 1/2 post qualification working
(due for revision) experience in the legal
department of a bank/
Medical facilities financial institution/ legal firm
and other perks will or practicing at court dealing
be as per rules of the with Civil matters including
Corporation. 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.