Are you looking for a career in the finance sector? Andhra Pradesh State Financial Corporation (APSFC) is hiring! APSFC is a state-owned financial corporation that provides financial assistance and other services to small and medium enterprises in Andhra Pradesh. In this article, we will discuss the job openings, eligibility criteria, and application process for APSFC recruitment.
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Andhra Pradesh State Financial Corporation (APSFC) Recruitment
APSFC is a reputed financial corporation that offers excellent career opportunities for candidates in the finance sector. If you meet the eligibility criteria and are interested in a career with APSFC, apply for the job openings and take the first step towards building a successful career in finance.
Latest Andhra Pradesh State Financial Corporation (APSFC) Vacancies
Job Openings
APSFC has announced job openings for the following positions:
- Assistant Manager
- Manager
- Deputy Manager
- Chief Manager
The number of vacancies for each position will be announced at the time of recruitment. The job responsibilities and requirements for each position are as follows:
Assistant Manager
- Job responsibilities: To assist in the management of the organization’s operations, including loan processing, financial analysis, and customer service.
- Educational qualifications: Bachelor’s degree in Commerce, Business Administration, or related field.
- Work experience: Minimum of 2 years of experience in a financial institution.
Manager
- Job responsibilities: To manage the operations of the organization, including loan processing, financial analysis, and customer service.
- Educational qualifications: Master’s degree in Commerce, Business Administration, or related field.
- Work experience: Minimum of 5 years of experience in a financial institution.
Deputy Manager
- Job responsibilities: To assist the Manager in the management of the organization’s operations, including loan processing, financial analysis, and customer service.
- Educational qualifications: Bachelor’s degree in Commerce, Business Administration, or related field.
- Work experience: Minimum of 3 years of experience in a financial institution.
Chief Manager
- Job responsibilities: To oversee the operations of the organization, including loan processing, financial analysis, and customer service.
- Educational qualifications: Master’s degree in Commerce, Business Administration, or related field.
- Work experience: Minimum of 10 years of experience in a financial institution.
3. Eligibility Criteria
To be eligible for APSFC recruitment, candidates must meet the following criteria:
- Educational qualifications: Candidates must have a Bachelor’s or Master’s degree in Commerce, Business Administration, or a related field from a recognized university.
- Work experience: Candidates must have a minimum of 2-10 years of experience in a financial institution, depending on the position applied for.
- Age limit: Candidates must be between 21-45 years of age, depending on the position applied for.
4. Application Process
Candidates who meet the eligibility criteria can apply for APSFC recruitment by following these steps:
- Visit the APSFC official website (https://esfc.ap.gov.in/) and click on the “Careers” tab.
- Select the position you want to apply for and click on the “Apply” button.
- Fill in the application form with your personal details, educational qualifications, and work experience.
- Upload your resume and any other relevant documents.
- Submit the application form and take note of the application ID for future reference.
- The selection process for APSFC recruitment includes a written test and an interview. Candidates who qualify in the written test will be called for an interview.
About Andhra Pradesh State Financial Corporation (APSFC)
Andhra Pradesh State Financial Corporation (APSFC) is a state-owned financial institution that was established in 1956 under the provisions of the State Financial Corporations Act, 1951. The primary objective of the corporation is to provide financial assistance and other services to small and medium enterprises (SMEs) in Andhra Pradesh. The APSFC has played a vital role in the development of the state’s industrial and entrepreneurial landscape.
The APSFC offers a wide range of financial products and services to SMEs in Andhra Pradesh, including term loans, working capital loans, equipment finance, bill discounting, export finance, and bridge finance. The corporation has also launched several special schemes to promote entrepreneurship, such as the Self Employment Scheme for Educated Unemployed Youth (SEEUY), the Self Employment Scheme for Women (SESW), and the Scheme for Financing Solar Power Projects (SFSPP).
The APSFC has a robust network of branches and regional offices across the state, with its headquarters located in Vijayawada. The corporation’s operations are overseen by a Board of Directors, which is appointed by the Government of Andhra Pradesh. The current Managing Director of APSFC is Sri N. Srinivasa Rao.
Apart from providing financial assistance, the APSFC also offers various support services to SMEs, such as project appraisal, techno-economic feasibility studies, and market research. The corporation has a team of highly qualified professionals who are experts in their respective fields, and they provide valuable insights and guidance to SMEs in Andhra Pradesh.
The APSFC has received several awards and recognitions for its contribution to the development of SMEs in Andhra Pradesh. In 2020, the corporation received the Best State Financial Corporation award from the Federation of Indian Chambers of Commerce and Industry (FICCI).
Frequently Asked Questions (FAQs)
APSFC is a state-owned financial corporation that provides financial assistance and other services to small and medium enterprises in Andhra Pradesh.
APSFC has job openings for Assistant Manager, Manager, Deputy Manager, and Chief Manager positions.
To be eligible for APSFC recruitment, candidates must have a Bachelor’s or Master’s degree in Commerce, Business Administration, or a related field, a minimum of 2-10 years of experience in a financial institution, and be between 21-45 years of age.
Candidates can apply for APSFC recruitment by visiting the APSFC official website https://esfc.ap.gov.in/, selecting the position they want to apply for, filling in the application form, and submitting it online.
The selection process for APSFC recruitment includes a written test and an interview.