7th Pay Commission latest news: The Union Public Service Commission (UPSC) has issued notification for the permanent recruitment to the post of Assistant Director (Banking) at Serious Fraud Investigation Office SFIO, Ministry of Corporate Affairs. The total number of vacancies are four out of which 2 are reserved for UR category applicants and one each for SC and Physically Handicapped applicants. According to the UPSC notification, the posts are permanent, General Central Service, Group B (Gazetted) (Non-Ministerial). Interested candidates can log in at the official website of the UPSC — upsconline.nic.in — for further updates like essential qualification, desirable qualification, how to apply, etc.

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7th Pay Commission Pay Scale
After selection, the selected candidate will be appointed as Group B Gazetted officers in Level-8 position. According to the 7th CPC recommendations, which was accepted by the central government, the pay matrix of the Level-8 employees is Rs 47,600 to Rs 1,51,100. Therefore, the selected candidates in the recruitment process will be eligible for the pay matrix of Rs 47,600 to Rs 1,51,100.

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Age Limit
The interested candidate should not be exceeding 30 years as on normal closing date, not exceeding 35 years for SC candidates as on normal closing date in respect of vacancy reserved for them. Relaxable for regularly appointed Central/UT Government Servant upto five years as per instructions/orders issued by Government of India from time to time. For age concession applicable to some other categories of applicants, please see relevant paras of the ‘Instructions and Additional Information to Candidates for Recruitment by Selection.

Essential Qualification
Essential Chartered Accountant or Cost and Management Accountant or Company Secretary or Chartered Financial Analyst or Post Graduate Diploma in Management (Finance) or Master’s of Business Administration (Finance) or Master’s of Business Economics or Master’s of Commerce.

Experience
One year’s experience in finance or banking affairs from any Govt. listed private organization.