The Rajasthan Financial Corporation (RFC) is a premier statutory body of the Government of Rajasthan, dedicated to the industrial development of the state. Established in 1955 under the SFCs Act, RFC acts as a financial catalyst, providing long-term support to Micro, Small, and Medium Enterprises (MSMEs). A career at RFC offers the stability of a Government Undertaking with a professional environment focused on project appraisal, law, and technical feasibility. Recruitment typically targets Engineers, Legal Professionals, and Finance Experts for middle-management roles like Assistant Managers.
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About Rajasthan Financial Corporation
About Rajasthan Financial CorporationRajasthan Financial Corporation (RFC) is a pivotal state government undertaking established under the State Financial Corporations Act, 1951. It functions as a key development finance institution dedicated to strengthening the industrial and economic infrastructure of the state. The corporation provides essential long-term and short-term financial assistance primarily to small, medium, and large-scale industries, as well as to tourism, healthcare, transport, and infrastructure projects. Its core mission is to foster entrepreneurship, generate employment, and drive inclusive socio-economic growth across Rajasthan, aligning with broader national development objectives.Role in Public Service and EmploymentAs a premier public sector entity, RFC plays a significant role in delivering public welfare through financial empowerment. For aspirants of government jobs in Rajasthan, RFC represents a credible and stable career destination. The organization regularly publishes latest sarkari naukri notifications for various roles, offering a wide spectrum of public sector careers. Professionals looking for Rajasthan Financial Corporation recruitment opportunities can find openings in finance, administration, legal, and technical domains.Recruitment OverviewProspective candidates preparing for government jobs, including SSC, UPSC, and various state-level examinations, can monitor RFC's official channels for Rajasthan Financial Corporation recruitment updates. The corporation ensures transparent and merit-based selection processes, contributing significantly to the state's employment landscape. By joining RFC, individuals contribute directly to the state's financial stability and industrial progress, making it a sought-after destination for those aspiring to a career in public service and national development.
Official Address
Contact Information
- 0141-2385522
- Visit Official Website
This organization has released 1 recruitment notifications in the last 3 years.
Expired / Closed Notifications
About Rajasthan Financial Corporation Careers
| Feature | Organization Details |
| Organization Type | Statutory Body (Govt. of Rajasthan Undertaking) |
| Headquarters | Jaipur, Rajasthan (Udyog Bhawan) |
| Primary Entry Gate | IBPS Online Examination & Descriptive Test |
| Salary Range | ₹31,100 (Fixed Probation) - ₹1,40,100 (Pay Level-12) |
🏛️ Organization Overview
The Rajasthan Financial Corporation (RFC) was constituted on January 17, 1955, under the State Financial Corporations (SFCs) Act, 1951. Its primary objective is to provide financial assistance for setting up new industrial units and for the expansion or modernization of existing ones. RFC plays a crucial role in implementing state industrial policies and offering tailor-made loan schemes for specific entrepreneurial classes.
With a network of 34 branches and 7 regional offices across 32 districts, RFC has a widespread presence. The corporation operates various departments, including Loan Appraisal, Recovery, Technical, and Law, ensuring a holistic approach to industrial credit. For employees, the work involves evaluating the technical feasibility and economic viability of diverse projects, ranging from textile units and hotels to mining and commercial complexes.
💼 Key Job Profiles (Evergreen Roles)
- Assistant Manager (Technical): Focuses on evaluating the suitability of locations, adequacy of plant and machinery, and technical feasibility of industrial projects. Requires a Bachelor's degree in Mechanical, Electrical, or Civil Engineering with 2 years of experience.
- Assistant Manager (Law): Deals with the execution of loan documents, title examinations, and legal compliance. Requires an LLB (60%) with experience or an LLM degree.
- Assistant Manager (Finance): Responsible for mobilization of resources, project implementation monitoring, and loan disbursement. Typically requires a CA/ICWA or MBA (Finance).
- Officer (Administration/Accounts): Manages the internal governance, payroll, and maintenance of financial records for the corporation's regional and head offices.
💰 Salary & Employee Benefits
RFC employees are compensated under the 7th Pay Commission pay matrix of the Rajasthan Government.
- Pay Level: Assistant Manager roles are placed at Pay Matrix Level-12.
- Probation Pay: During the 2-year "Probation Trainee" period, candidates receive a fixed remuneration of ₹31,100 per month.
- Post-Probation Salary: Upon successful completion, the starting basic pay is ₹44,300.
- Gross Emoluments: The initial monthly gross salary (including DA, HRA, and CCA) is approximately ₹79,854 at Jaipur.
- Allowances: Employees are eligible for Dearness Allowance (DA), House Rent Allowance (HRA), and medical benefits as per RFC Staff Regulations.
🎯 Selection Process
The recruitment for Group 'A' positions like Assistant Manager is typically outsourced to professional bodies like IBPS:
- Online Examination: A comprehensive test covering General Aptitude, Reasoning, English, and Professional Knowledge.
- Descriptive Paper: For specialized roles (Technical/Law), a descriptive test is conducted to assess drafting and professional writing skills.
- Document Verification: Shortlisted candidates must present original academic and experience certificates.
- CIBIL Check: As a financial institution, RFC maintains strict standards regarding the credit history of its employees.
💡 Expert Tips: How to Crack RFC Exams
Focus on Professional Knowledge
The professional knowledge section often carries the highest weightage (up to 75 marks). Law candidates should master the SFCs Act, SARFAESI, and Insolvency Code, while Technical candidates must be thorough with engineering fundamentals and industrial safety standards.
Working Knowledge of Hindi
As per Rajasthan Government norms, a working knowledge of Hindi written in Devanagari script and familiarity with Rajasthani culture is often a prerequisite. Ensure you are comfortable with official terminology in Hindi.
CIBIL & Credit Conduct
Before applying, ensure you have a clean financial record. RFC specifically checks for Credit History (CIBIL score) during the final selection stages; defaults or poor scores can lead to disqualification.
Mandatory Disclaimer: All details are sourced from official notifications. MySarkariNaukri.com provides informational guidance only and is not affiliated with any government agency.
Verification Source: Verify at: https://rfc.rajasthan.gov.in/
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