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SAIL Recruitment 2024 Check Post, Age Limit, Qualification, Salary And Procedure To Apply

SAIL Recruitment 2024: Steel Authority of India Limited(SAIL) has recently released a Recruitment Notification for Director Vacancies on May 07, 2024. Online Applications are invited through SAIL Website sail.co.in. The application process for SAIL Recruitment 2024 started on May 07, 2024, and the deadline to apply ending on June 04, 2024.

by Gayathri

Updated May 08, 2024

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SAIL Recruitment 2024 Check Post, Age Limit, Qualification, Salary And Procedure To Apply

SAIL Recruitment 2024 Notification Out Director Vacancies, Check Eligibility at sail.co.in

Steel Authority of India Limited (SAIL), established under the Indian Companies Act, 1956, aims to develop the iron and steel industry efficiently. Governed by "The Public Sector Iron and Steel Companies (Restructuring and Miscellaneous Provisions) Act, 1978," SAIL operates as a Schedule 'A' / Maharatna PSE within the Ministry of Steel's jurisdiction.

SAIL's Director of Finance oversees financial policies and implementation, reporting to the Chairman. The eligibility criteria for this role include being employed in a regular capacity in specified sectors, holding relevant qualifications such as CA, Cost Accountant, or MBA/PGDM in Finance, and having substantial experience in corporate financial management.

The pay scale for the Director (Finance) position ranges from Rs. 180,000 to Rs. 340,000 (IDA). The appointment tenure is five years, extendable, and applications must be submitted online through the PESB website within the specified timeline.

Company Name

SAIL

Post Name

Director

Salary

Rs.180000-340000/-

Age Limit

45 years

Job Location

New Delhi

Last Date to Apply

04.06.2024

Official Website

sail.co.in

Qualifications Details for SAIL Recruitment 2024

  • The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA/PGDM course with specialization in Finance with good academic record from a recognized University/Institution. Preference would be given to Chartered Accountant.
  • Officers of Organized Group ‘A’ Accounts Services [i.e. Indian Audit and Accounts Service, Indian Defence Accounts Service, Indian Railway Accounts Service, Indian Civil Accounts Service, Indian P&T Accounts & Finance Service and Indian Cost Accounts Service] working in the appropriate level are exempted from these educational qualifications.
  • Further, applicants from the Central Govt./Armed Forces of the Union/All India Services, will also be exempted from the educational qualifications as per above provided the applicants have ‘the relevant experience’ as mentioned.
  • In respect of applicants from Organized Group ‘A’ Accounts Services/Central Government/Armed Forces of the Union/All India Services, Chartered Accountant/Cost Accountant/MBA/PGDM will be a desirable educational qualification.
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Age Limit for SAIL Recruitment 2024

The superannuation age for the Director (Finance) position is set at 60 years. Internal candidates must have a minimum of 45 years of age and a residual service of at least 2 years concerning the date of vacancy relative to the superannuation date. External candidates should also have a minimum age of 45 years but require a residual service of 3 years from the date of vacancy in relation to the superannuation date.

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Pay Scale for SAIL Recruitment 2024

The pay scale for the Director (Finance) position is as follows:

  • Rs. 180,000 – 340,000 (IDA) for the current designation.
  • Rs. 7,250-8,250 (IDA) prior to January 1, 1992.
  • Rs. 9,500-11,500 (IDA) after January 1, 1992.
  • Rs. 20,500-26,500 (IDA) after January 1, 1997.
  • Rs. 51,300-73,000 (IDA) after January 1, 2007.
  • Rs. 120,000-280,000 (IDA) after January 1, 2017.
  • Rs. 18,400-22,400 (CDA) prior to January 1, 1996 (pre-revised).
  • Rs. 37,400-67,000 with a Grade Pay of Rs. 10,000 (CDA) after January 1, 2006.
  • Rs. 144,200-218,200 (Level 14) (CDA) after January 1, 2016.

Selection Process for SAIL Recruitment 2024

An applicant has to give an undertaking as a part of the application that he/she will join the post, if selected. If an applicant does not give such undertaking, the application would be rejected.

SAIL Recruitment 2024 Last Date to Apply Online at sail.co.in

  • Applicants should submit their applications on-line only as per the format
  • fill up the Application Form online only against this Job Description on the website of PESB - https://pesb.gov.in/ and thereafter forward it online or
  • fill up the Application Form online only against this Job Description on the website of PESB - https://pesb.gov.in/, take a printout and send it offline
  • Total timeline for receipt of applications in PESB is 30 days from the date of publication of advertisement in leading National Dailies. Last date for submission of applications by the applicants is 04.06.2024. Last date for nodal officers to forward applications to PESB is 13.06.2024 . No application shall be entertained under any circumstances after the stipulated date. Incomplete applications and applications received after the stipulated date shall be Rejected
  • Applications are to be addressed to Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, BlockNo. 14, CGO Complex, Lodhi Road, New Delhi-110003
  • Last Date: 04.06.2024
  • Apply Online

Notification PDF for SAIL Recruitment 2024

Official notification for SAIL Recruitment 2024 is now available in PDF format. Click the link provided to access the detailed information regarding the recruitment process. The notification contains essential details such as vacancies, eligibility criteria, and application procedures. Stay informed and access the official notification to apply for SAIL Recruitment 2024.

Click For The Official Notification




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