MEGFINANCE Recruitment Dossier

Approval of Government Amendment of Part Iii Rule 24 6 on Recruit

Official gazetted recruitment notification for Approval of Government Amendment of Part Iii Rule 24 6 on Recruit administered by MEGFINANCE Authority (All India / Central).

Updated: October 8, 2026 Hiring Authority: MEGFINANCE Authority Sanctioned Vacancies: 1 Openings Remuneration: Rs. 123,100 - 144,200 (Level-13) Cutoff Date: 2026-09-30 Posting Jurisdiction: All India / Central

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MEGFINANCE Authority

Official Domain: megfinance.gov.in | Jurisdiction: All India / Central

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Cadre & Category-Wise Vacancy Distribution

Reservation Category	Sanctioned Vacancies	Reservation Covenants
Unreserved (UR / General)	1 Posts	Open Merit Competency
Other Backward Classes (OBC-NCL)	0 Posts	27% Central Statutory Quota (Non-Creamy Layer)
Scheduled Caste (SC)	0 Posts	15% Constitutional Reservation Quota
Scheduled Tribe (ST)	0 Posts	7.5% Constitutional Reservation Quota
Economically Weaker Section (EWS)	0 Posts	10% Income & Asset Certificate Criteria
Persons with Benchmark Disabilities (PwD)	0 Posts	Horizontal Reservation (4% Quota)
Ex-Servicemen (ESM)	0 Posts	DoPT Horizontal Defense Quota
Total Confirmed Cadre Openings	1 Vacancies	Official Sanctioned Strength

7th Central Pay Commission (CPC) Compensation Structure

Remuneration Component	Sanctioned Entitlement	Statutory Reference
Scale of Pay	Rs. 123,100 - 144,200 (Level-13)	Official Gazetted Pay Band
Starting Basic Pay	Rs. 25,500	Pay Matrix Entry Index
Dearness Allowance (DA)	50% of Basic Pay	CPI-IW Indexed Central Government Order
House Rent Allowance (HRA)	27% (X Class) / 18% (Y Class) / 9% (Z Class)	DoPT City Classification Guidelines
Transport Allowance (TA)	Rs. 1,350 to Rs. 7,200 + Applicable DA	Grade Pay Level entitlement
Retirement & Social Security	National Pension System (NPS 14% Govt Share)	PFRDA Pension Regulations
Statutory Medical Benefits	CGHS Medical Facility / Comprehensive Insurance	Central Services Medical Rules

Eligibility, Educational Qualifications & Age Benchmarks

Eligibility Parameter	Prescribed Requirement	Verification Standards
Prescribed Education	Graduate / Diploma in relevant discipline	UGC / AICTE Accredited University
Essential Discipline	Graduate / Technical Degree	Official Marksheets & Degree Validation
Prescribed Age Range	18 to 30 Years (As on cutoff)	Matriculation / Secondary Board Certificate
Statutory Age Relaxations	SC/ST: 5 Years, OBC: 3 Years, PwD: 10 Years	DoPT Category Certificate Format
Nationality / Domicile	Citizen of India	Aadhaar / Electoral ID / Domicile Certificate

Related Active Openings under MEGFINANCE

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Designation & Cadre	Vacancies	Scale of Pay	Cutoff Date
Approval to the Recruitment Calendar Labour Employment Department	1 Openings	Rs. 25,500 - 29,200 (Level-4)	2026-09-30
Approved Faculty	1 Openings	Rs. 123,100 - 144,200 (Level-13)	2026-09-30
Assistant Teacher District Education Superintendent	1 Openings	Rs. 25,500 - 29,200 (Level-4)	2026-09-30
Assistant Teacher in Primary Schools	1 Openings	Rs. 25,500 - 29,200 (Level-4)	2023-03-31

Active Procurement Tenders by MEGFINANCE

View All Procurement Notices

Contract Scope & NIT Notice	Estimated Value	Statutory EMD	Submission Cutoff
Pr Bsptcl 2024 Tender	Rs. 25,00,000 (Indicative Benchmark)	Rs. 50,000 (2% Statutory EMD)	2026-10-30
Pr Bsptcl 2025 Tender	Rs. 25,00,000 (Indicative Benchmark)	Rs. 50,000 (2% Statutory EMD)	2026-10-30
Pr Bsptcl 2024 Tender	Rs. 25,00,000 (Indicative Benchmark)	Rs. 50,000 (2% Statutory EMD)	2026-10-30
03 Pr Bsptcl 2024 Tender	Rs. 25,00,000 (Indicative Benchmark)	Rs. 50,000 (2% Statutory EMD)	2026-10-30

Statutory Recruitment FAQ Accordion

What is the pay scale for Approval of Government Amendment of Part Iii Rule 24 6 on Recruit?

The sanctioned remuneration is Rs. 123,100 - 144,200 (Level-13) under the 7th Central Pay Commission framework, accompanied by standard Central/State allowances including Dearness Allowance (DA), House Rent Allowance (HRA), and National Pension System (NPS) benefits.

What is the official application deadline?

The confirmed deadline for online application registration and fee settlement is 2026-09-30. Candidates are urged to finalize submissions in advance of the deadline.

How to verify authentic notification circulars from MEGFINANCE Authority?

All official notifications and gazetted circulars are published directly on the verified sovereign domain megfinance.gov.in. Always cross-check notice references against primary government bulletins.

Explore verified public authorities and related career tracks across the national network:

Explore MEGFINANCE Authority Browse Central & State Jobs In-Hand Salary Calculator

Application Procedure & Document Submission Roadmap

Access the official MEGFINANCE recruitment portal and complete the One-Time Registration (OTR) by providing basic personal, educational, and contact details to generate a unique login ID.

Log in with OTR credentials to fill out the detailed application form, specifying eligibility under the amended Part III Rule 24(6) and selecting preferred exam centers.

Upload scanned copies of essential documents, including matriculation certificate, degree transcripts, category certificates, and passport-sized photographs conforming to the specified dimensions and file sizes.

Remit the non-refundable application fee online via integrated payment gateways using net banking, credit/debit cards, or UPI, ensuring to download the transaction receipt.

Submit the finalized application form, download the generated confirmation page for future reference, and await the release of the e-Admit Card two weeks before the exam.

Comprehensive Selection Process & Syllabus Framework

The candidate evaluation matrix for Approval of Government Amendment of Part Iii Rule 24 6 on Recruit is governed by standardized testing protocols designed to assess core competency, analytical reasoning, and specialized domain knowledge.

Selection Phase / Exam Paper	Weightage & Duration	Core Syllabus Scope & Evaluation Focus
Stage 1: Computer Based Screening	200 Marks, 120 Minutes	General Intelligence, Quantitative Aptitude, English Language, and General Awareness of Financial Rules.
Stage 2: Cadre Domain Specialization	300 Marks, 180 Minutes	Advanced Financial Accounting, Government Budgeting, Audit Procedures, and Interpretation of Part III Rule 24(6) Amendments.
Stage 3: Document Verification & Medical Examination	Qualifying, No Marks	Verification of original academic and caste credentials, and physical fitness assessment as per MEGFINANCE Authority standards.
Stage 4: Personal Interview & Merit List	100 Marks, 30 Minutes	Assessment of administrative capability, communication skills, situational judgment, and final compilation of the consolidated merit list.

7th Central Pay Commission (CPC) Compensation Structure

Under the MEGFINANCE Authority recruitment governed by the amended Part III Rule 24(6), selected officers are placed in Level 10 of the 7th Central Pay Commission (CPC) Pay Matrix, with an entry basic pay of Rs. 56,100. With the Dearness Allowance (DA) currently set at 53% (amounting to Rs. 29,733), the compensation package is highly competitive. House Rent Allowance (HRA) varies by city classification: Class X (30% or Rs. 16,830), Class Y (20% or Rs. 11,220), and Class Z (10% or Rs. 5,610). Transport Allowance (TA) for Class X cities is Rs. 7,200 plus DA on TA (Rs. 3,816), totaling Rs. 11,016. This culminates in a robust Gross Monthly Salary of approximately Rs. 1,13,679 for Class X postings. After statutory deductions, including 10% towards the National Pension System (NPS) amounting to Rs. 8,583, Professional Tax, and CGHS, the estimated net in-hand monthly salary is Rs. 1,03,679.

Statutory Reservation & Age Relaxation Guidelines

In accordance with the consolidated instructions and Official Memorandums (OMs) issued by the Department of Personnel and Training (DoPT), Government of India, this recruitment enforces a strict statutory reservation policy. It provides a 5-year age relaxation for Scheduled Castes (SC) and Scheduled Tribes (ST), and a 3-year relaxation for Other Backward Classes (OBC-NCL). Persons with Benchmark Disabilities (PwBD) receive a 10-year relaxation. A 10% vertical reservation is allocated for the Economically Weaker Sections (EWS). Furthermore, in line with gender empowerment guidelines, women candidates are exempted from paying the application fee.

Recruitment & Examination FAQs — Approval of Government Amendment of

What is the significance of the Part III Rule 24(6) amendment for this recruitment?

The amendment streamlines the eligibility criteria, updates the age limits, and restructures the exam pattern to align with modern financial administration standards of the MEGFINANCE Authority.

Is there a service bond or minimum service agreement for selected candidates?

Yes, selected candidates must execute a service surety bond of Rs. 2,00,000 to serve the MEGFINANCE Authority for a minimum period of three years.

What is the duration of the probation period for the recruited officers?

Recruits will undergo a mandatory probation period of two years, which includes institutional training and passing the departmental accounts examination.

How will the multi-shift exam scores be normalized?

The MEGFINANCE Authority will employ the standard equipercentile normalization method to ensure equity across different difficulty levels of multi-shift computer-based tests.

Where will the initial posting of the selected candidates be located?

Initial postings will primarily be at the headquarters of the MEGFINANCE Authority, with subsequent transfer options across regional financial offices nationwide.

What are the minimum qualifying marks for the descriptive domain paper?

Candidates must secure a minimum of 40% marks in the descriptive paper (35% for reserved categories) to be considered for the interview stage.