The Debts Recovery Tribunal (DRT) is a specialized quasi-judicial body established under the Recovery of Debts due to Banks and Financial Institutions Act, 1993. It handles cases related to loan recovery for banks and financial institutions. Candidates seeking a stable career in a reputable organization can explore DRT career paths. General eligibility often includes a Bachelor's degree, with specific requirements varying based on the post.
Aspiring candidates should note that DRT recruitment is conducted periodically, and adherence to prescribed age limits and educational qualifications is crucial for application.
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About Debts Recovery Tribunal
Debts Recovery Tribunal (DRT) is the office of Debts Recovery comes under the Recovery of Debts to Bank and Financial Institute (RDDBFI). The DRT recognised as Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI).
The main objective of DRT is to custodian all the records of the Debts and functions for disbursal office (cash and accounts) office of the DRT. The office providing Certified Copies of case or proceeding through registry. They processes the application and issues certified copies of the records applied for.
DRT management consultancy delivering comprehensive high level services through a single window mechanism. Each wing is managed by the very best in their field with year of experience behind them cost effective and focused they providing services like :
Legal Services, Investment Services, Due Diligence Services, Funding Services, Debt Restructuring Services, Valuation Services, Asset Advertise Services, M&A Services, FADS Services, etc.
Official Address
Contact Information
- 9968265868
- Visit Official Website
About Debts Recovery Tribunal Careers
| Details | Recruitment for various officer and staff positions. |
| Type | Statutory Body (Quasi-Judicial) |
| HQ | New Delhi (with benches across India) |
| Entry Gateways | Direct recruitment, internal promotions. Specific entry points may involve departmental exams or prescribed application processes. |
| Salary Range | Pay Scale varies by post, typically starting from Level 4 and going up to Level 10 or higher for administrative and judicial posts. |
Organization Overview
The Debts Recovery Tribunals (DRTs) play a pivotal role in the Indian financial system by facilitating the speedy recovery of debts owed to banks and financial institutions. Established to expedite the debt recovery process, DRTs function as quasi-judicial bodies. They aim to provide an efficient mechanism for resolving disputes related to recovery of money. The organization structure comprises Presiding Officers, Registrars, and other administrative and support staff, offering a spectrum of career opportunities for individuals interested in law, administration, and finance.
Key Job Profiles
DRT offers various roles designed to support its operational and judicial functions. Prominent job profiles include:
- Registrar
- Recovery Officer
- Administrative Officer
- Section Officer
- Dealing Assistant
- Stenographer
- Clerk
The specific responsibilities and qualifications differ significantly for each role, catering to a diverse pool of applicants.
Salary & Benefits
Salaries at the Debts Recovery Tribunal are structured as per the Central Government scales and pay commissions. Employees enjoy a comprehensive benefits package, including:
- Basic Pay as per the applicable Pay Matrix (e.g., Level-4, Level-7, Level-10).
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- Travel Allowance (TA)
- Medical facilities
- Pension benefits (as per government norms)
- Leave Encashment
- Other allowances as admissible.
Selection Process
The selection process for DRT recruitment generally involves multiple stages to assess the suitability of candidates. Common stages include:
- Written Examination: Objective or descriptive tests to assess knowledge in relevant subjects like law, general awareness, English, and reasoning.
- Skill Test/Typing Test: For posts like Stenographer and Clerk, assessing proficiency in typing and shorthand.
- Interview: Personality assessment and evaluation of suitability for the role.
- Document Verification: To confirm the authenticity of submitted certificates and testimonials.
Candidates are advised to strictly follow the guidelines mentioned in the official recruitment notification.
How to Crack DRT Exams
Cracking DRT examinations requires a strategic approach and dedicated preparation. Here are some expert tips:
- Understand the Syllabus: Thoroughly analyze the official syllabus for the applied post. Focus on key areas like law, general knowledge, English comprehension, and quantitative aptitude.
- Study Material: Utilize standard textbooks and reference materials for each subject. Pay special attention to laws and Acts relevant to DRT functions.
- Practice Previous Papers: Solving previous years' question papers helps in understanding the exam pattern, difficulty level, and important topics.
- Mock Tests: Regularly take mock tests to assess your preparation level, improve time management, and identify areas needing improvement.
- Stay Updated: Keep abreast of current affairs, especially those related to banking, finance, and legal matters.
- Revision: Consistent revision is key to retaining information and performing well under pressure.
All details are sourced from official notifications. MySarkariNaukri.com provides informational guidance only and is not affiliated with any government agency.
Verification Source: https://drt.gov.in/
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