RVNL Recruitment 2025: Apply Online for Director (Finance) Post – Salary up to ₹3.4 Lakh

Rail Vikas Nigam Limited (RVNL), a Navratna CPSE under the Ministry of Railways, has released a notification for the recruitment of Director (Finance), a prestigious board-level position with a pay scale of ₹1,80,000 – ₹3,40,000 (IDA).

Eligible candidates must be senior finance professionals from CPSEs, Government, Armed Forces, SPSEs, or large private companies (₹5,000 crore+ turnover), with at least five years of senior-level corporate finance/account experience and qualifications such as CA, CMA, or MBA/PGDM (Finance).

The last date to apply is 24th September 2025, through the PESB official website (https://pesb.gov.in/). This role offers not only an attractive salary and perks but also the chance to play a key part in shaping RVNL’s financial strategies for major infrastructure projects.

RVNL Recruitment 2025: Apply Online for Director (Finance) Post – Eligibility, Salary, Selection & Application Guide

If you are an ambitious finance professional aiming for a leadership role in a Navratna Public Sector Enterprise (PSE), here’s your chance. Rail Vikas Nigam Limited (RVNL), under the Ministry of Railways, has invited applications for the post of Director (Finance).

This board-level position is one of the most prestigious finance jobs in India’s public sector. With a lucrative pay package, long-term stability, and the responsibility of shaping financial policies of a major PSU, the opportunity is one of a kind.

About Rail Vikas Nigam Limited (RVNL)

Rail Vikas Nigam Limited, incorporated under the Companies Act, 1956, is a Schedule ‘A’ Navratna CPSE. It was established with the vision of becoming India’s most efficient rail infrastructure provider, delivering projects on time with global standards and robust financial management.

RVNL plays a pivotal role in strengthening the Golden Quadrilateral, enhancing port connectivity, and building logistics and rail infrastructure projects. Over the years, the company has expanded into:

• Solar energy projects for sustainable growth
• Metro rail development in domestic and international markets
• Highways & multimodal logistics parks for faster freight movement
• Marine and port infrastructure projects to boost trade connectivity
• Consultancy services in India and abroad

As of 31st March 2025, RVNL has 208 regular employees and an authorized capital of ₹3,000 crore with a paid-up capital of ₹2,085 crore. The Government of India holds 72.84% equity stake, ensuring strong governance and financial stability.

This robust foundation makes RVNL one of the most sought-after employers in the Indian infrastructure sector.

Director (Finance) – Role and Responsibilities

The Director (Finance) is a strategic leadership role within RVNL’s Board of Directors. Reporting to the Chairman and Managing Director (CMD), the position involves managing and guiding all financial operations of the company.

Key responsibilities include:

• Framing and implementing financial policies in line with organizational goals
• Supervising corporate accounts, budgeting, and audits
• Ensuring compliance with financial regulations and corporate governance norms
• Mobilizing funds for large-scale infrastructure projects
• Coordinating with ministries, stakeholders, and international partners for project financing
• Supporting strategic expansion into sectors like metro rail, logistics, and renewable energy

This role is about steering RVNL’s financial health while contributing to India’s infrastructure growth. It demands vision, financial acumen, and leadership.

Eligibility Criteria for RVNL Director (Finance)

The eligibility rules are carefully framed to ensure only the most qualified candidates apply. Here’s a detailed breakdown:

Employment Status

On the date of application and interview, the applicant must hold a regular position (not contractual/ad-hoc) in one of the following:

• CPSE (Central Public Sector Enterprises): including full-time functional Directors on CPSE Boards
• Central Government Group ‘A’ officers: including All India Services and Armed Forces officers
• State Public Sector Enterprises (SPSEs): where annual turnover is ₹5,000 crore or more
• Private sector companies: with annual turnover of ₹5,000 crore or more (listed companies preferred)

(Turnover is considered as the average of the last three audited financial years before the advertisement year.)

Educational Qualification

• Chartered Accountant (CA) or Cost Accountant, or
• Full-time MBA/PGDM in Finance from a recognized university/institution
• Preference will be given to Chartered Accountants due to their strong grounding in financial management and audit practices.

Exemption: Officers from organized Group ‘A’ Accounts Services (like IRAS, ICAS, IDAS, IA&AS, etc.) or applicants from Central Government/Armed Forces/All India Services are exempted from these specific educational qualifications if they have equivalent finance experience.

Work Experience Required

Candidates must demonstrate significant professional experience in handling high-level finance operations:

• At least five years of cumulative experience in the last ten years at a senior management level in Corporate Financial Management/Corporate Accounts.
• Candidates from government services or armed forces must have equivalent finance/account management experience at senior levels.

This ensures that applicants can confidently handle the financial complexities of large-scale rail and infrastructure projects.

Age Limit for RVNL Director (Finance)

• Minimum age: 45 years as of the date of vacancy (01.06.2025).
• Maximum age: Depends on the residual service before retirement at 60 years.
  • Internal candidates: At least 2 years of service left.
  • Others: At least 3 years of service left.

This age range balances the need for experienced leadership while ensuring continuity in governance.

Pay Scale and Perks

The pay scale for Director (Finance) is ₹1,80,000 – ₹3,40,000 (IDA). This competitive package places it among the highest in the PSU sector.

Eligible scales include:

• ₹1,20,000 – ₹2,80,000 (IDA) (post 01.01.2017)
• ₹1,44,200 – ₹2,18,200 (CDA Level 14, post 01.01.2016)
• Equivalent senior pay scales in government and PSUs

In addition to the base salary, selected candidates will enjoy:

• Dearness allowance
• Performance-related pay (PRP)
• Perks and benefits as per PSU guidelines
• Retirement benefits and pension entitlements

This makes the post highly rewarding, both financially and professionally.

Duration of Appointment

The appointment will be for a period of five years, or up to the age of superannuation (60 years), whichever is earlier. Extensions may be possible depending on government norms and performance.

How to Apply for RVNL Director (Finance)

Candidates must apply online only through the official PESB website: https://pesb.gov.in.

Application Process

1. Fill out the online application form available against the job description.
2. Forward the application through the proper channel:
   • Govt. officers → Cadre Controlling Authority
   • CPSE officers → Concerned Administrative Ministry/Department
   • SPSE officers → State Administrative Secretary/Cadre Authority
   • Private sector candidates → Direct submission to PESB

Additional Documents for Private Sector Applicants:

• Annual reports for the last three financial years
• Proof of listing status (if listed)
• Evidence of working at Board level or just below Board level
• Self-attested documents supporting age and qualifications
• Details of key jobs handled in the past

Important Dates

• Last date for application submission: 24th September 2025, 3:00 PM
• Last date for nodal officers to forward applications: 3rd October 2025, 5:00 PM

Applications received late or incomplete will be rejected.

Selection Process

The selection will be conducted by the Public Enterprises Selection Board (PESB).

• Shortlisting will be done based on eligibility and experience.
• Shortlisted candidates will be called for interview.
• Final selection will be based on merit and approval from the Appointments Committee of the Cabinet (ACC).

Applicants must provide an undertaking that they will join the post if selected. Those unwilling after interview or offer may face a two-year debarment from applying for other CPSE board-level posts.

Why Apply for RVNL Director (Finance)?

Joining as Director (Finance) at RVNL is not just a career move—it’s an opportunity to:

• Be part of a Navratna CPSE with strong financial standing.
• Work on nation-building projects in rail, metro, ports, and renewable energy.
• Lead financial strategy at the boardroom level of a PSU.
• Enjoy stability, prestige, and excellent retirement benefits.

For senior finance professionals, this role provides unmatched scope, authority, and recognition.

Secure Your Future with RVNL

The RVNL Director (Finance) vacancy 2025 is a prestigious and career-defining opportunity for finance leaders across CPSEs, government services, and private corporates. With a lucrative pay scale, long-term appointment, and board-level authority, this post is ideal for those who aspire to contribute to India’s infrastructure growth while enjoying professional recognition.

👉 Apply now through PESB Official Website before 24th September 2025 and take a decisive step towards becoming a board-level finance leader in India’s public sector.

✨ AUBSP Tip for Aspirants: Ensure your CV highlights strategic financial leadership, corporate accounts expertise, and project funding experience—these will strongly align with RVNL’s requirements and boost your chances of shortlisting.

FAQs on RVNL Recruitment 2025

What is the RVNL Recruitment 2025 notification about?
RVNL has announced recruitment for the post of Director (Finance), a board-level position offering a high salary package under the Ministry of Railways.

Who can apply for RVNL Director (Finance) recruitment 2025?
Senior finance professionals from CPSEs, Central/State Government, Armed Forces, SPSEs with ₹5,000+ crore turnover, or private companies of similar scale are eligible.

What is the salary for RVNL Director (Finance)?
The pay scale is ₹1,80,000 – ₹3,40,000 (IDA) along with perks, allowances, and retirement benefits as per PSU norms.

What qualifications are required for RVNL Director (Finance)?
Applicants should be Chartered Accountants, Cost Accountants, or hold a full-time MBA/PGDM in Finance from a recognized university or institution.

Is preference given to Chartered Accountants for RVNL Director (Finance)?
Yes, preference is given to Chartered Accountants due to their strong expertise in financial management and auditing.

What is the minimum work experience required for RVNL Director (Finance)?
Applicants must have at least five years of cumulative senior-level experience in corporate finance or corporate accounts within the last ten years.

What is the minimum age for applying to RVNL Director (Finance)?
The minimum age requirement is 45 years as of the date of vacancy.

What is the maximum age limit for RVNL Director (Finance)?
Applicants should have at least two to three years of service left before the superannuation age of 60 years.

What is the tenure of appointment for RVNL Director (Finance)?
The tenure is five years from the date of joining or up to the date of superannuation, whichever is earlier.

What is the date of vacancy for RVNL Director (Finance)?
The date of vacancy is 1st June 2025.

When is the last date to apply for RVNL Director (Finance)?
The last date for submission of applications is 24th September 2025 by 3:00 PM.

When is the last date for forwarding applications by nodal officers?
The last date for nodal officers to forward applications is 3rd October 2025 by 5:00 PM.

Where can candidates apply for RVNL Director (Finance)?
Applications can be submitted online through the Public Enterprises Selection Board (PESB) website at https://pesb.gov.in/.

Can private sector candidates apply for RVNL Director (Finance)?
Yes, private sector candidates from companies with annual turnover of ₹5,000 crore or more can apply, with preference for those from listed companies.

What documents are required from private sector applicants?
They must provide annual reports of the last three financial years, proof of listing status, evidence of board-level or equivalent position, and age/qualification proof.

What is the selection process for RVNL Director (Finance)?
The selection is conducted by PESB through shortlisting and interview, followed by final approval from the Appointments Committee of the Cabinet (ACC).

Is there an undertaking required from applicants?
Yes, applicants must give an undertaking to join if selected, otherwise they may face a two-year debarment from CPSE board-level positions.

What happens if a candidate declines after selection?
If a candidate declines after the interview or offer, they will be debarred for two years from applying for board-level positions in CPSEs.

Who should Central Government officers route their application through?
They should apply through their Cadre Controlling Authority.

How should CPSE officers forward their application?
Functional Directors or CMDs/MDs of CPSEs must apply through their Administrative Ministry, while below board-level officers apply through their respective CPSE.

How should SPSE officers apply?
SPSE officers must route applications through their State Administrative Secretary or Cadre Controlling Authority.

What is the retirement age for RVNL Director (Finance)?
The age of superannuation is 60 years.

Which officers are exempted from educational qualification requirements?
Group ‘A’ Accounts Service officers such as IRAS, ICAS, IDAS, IA&AS, ICAS, and officers from Central Government/All India Services/Armed Forces with relevant finance experience are exempt.

What are the pay scale equivalencies accepted for eligibility?
Applicants should be in eligible IDA/CDA pay scales such as ₹1,20,000 – ₹2,80,000 (IDA post-2017) or Level 14 (₹1,44,200 – ₹2,18,200 CDA post-2016).

Can officers from Public Sector Banks apply?
Yes, officers from Public Sector Banks/Financial Institutions holding board-level or immediately below board-level posts for at least one year are eligible.

Can Armed Forces officers apply for RVNL Director (Finance)?
Yes, provided they hold at least the rank of Major General in the Army or equivalent rank in Navy/Air Force on the date of application.

Is this post a board-level appointment?
Yes, Director (Finance) is a board-level position in Rail Vikas Nigam Limited reporting directly to the CMD.

Why should finance professionals apply for RVNL Director (Finance)?
It offers a prestigious board-level role in a Navratna CPSE, high salary, career stability, and the chance to contribute to India’s infrastructure development.