APSFC Assistant Manager Recruitment 2023: Eligibility, Salary, and FAQs

APSFC Assistant Manager Recruitment 2023: Andhra Pradesh State Financial Corporation (APSFC) has recently announced recruitment for the position of Assistant Manager. This is an excellent opportunity for candidates aspiring to work in the financial sector and contribute to the growth and development of the state. In this article, we will discuss the eligibility criteria, and salary details, and answer some frequently asked questions about the APSFC Assistant Manager Recruitment.

APSFC Recruitment 2023
Job Recruitment Board	Andhra Pradesh State Financial Corporation (APSFC)
Notification No.	Recruitment Notification
Post	Assistant Manager
Vacancies	20
Job Location	AP Vijayawada
Job Type	Govt Jobs
Application Mode	Online

APSFC Assistant Manager Recruitment 2023

Applications are invited for an Appointment to the post of Assistant Manager on CONTRACT BASIS in the Andhra Division of Andhra Pradesh State Financial Corporation, Vijayawada.

The APSFC Assistant Manager Recruitment 2023 aims to fill vacant positions in the organization and strengthen its workforce. APSFC plays a vital role in promoting industrial growth and development in Andhra Pradesh. The corporation provides financial assistance to various sectors, including small and medium enterprises, infrastructure, and energy. As Assistant Managers, candidates will have the opportunity to contribute to the organization’s mission and make a significant impact on the state’s economy.

Important Dates
Opening date for ON-LINE Registration of Application	31-5-2023
Closing date for ON-LINE Registration of Application	30-6-2023
Last date for Payment of Application Fee (ONLINE remittance only through Net Banking/Debit Card)	30-6-2023
APSFC Assistant Manager Online test (tentative)	In the month of July 2023

APSFC Vacancy 2023 Details

Assistant Manager
- Finance – 10
- Technical – 5
- Legal – 5

APSFC Assistant Manager Recruitment 2023 Eligibility Criteria

Age Limits

Minimum 21 Years
Maximum 30 Years

Relaxation in Upper Age limit:

Scheduled Caste/Scheduled Tribe Candidates – 5 years
Backward Class Candidates – 3 years
Physically Challenged Candidates – 10 years

Education Qualification

Asst.
Manager
(Finance)

CA (Inter) or CMA (Inter) or MBA or
PGDM from any reputed B-Schools]with 1st class with min. 60% marks from
a recognized University.
Proficiency in computer skills like MS
Office, Financial modeling etc., is
required.

Min. of 1 year experience on
full time basis

Asst.
Manager
(Technical)

B.Tech. 1st class with min. 60% marks
in the discipline of Mechanical / Civil
Engineering only from a recognized
University. Post Graduate preferred.
Proficiency in computer skills like MS
Office, Financial modeling etc., is
required.

Min. of 1 year experience on
full time basis in Banks

Assistant
Manager
(Law)

Graduate Degree in Law in Business /
Commercial Laws from a recognized
university with min. 55% marks. Post
Graduate preferred.
Proficiency in MS Office is required.

Min. of 2 years Bar
experience

Knowledge of Languages:
Speaking, Reading and Writing knowledge of English and Telugu are essential.

APSFC Assistant Manager Salary /Pay Scale

Remuneration will be Rs. 35,000/- consolidated pay per month for a fixed-term contract of 36 months.

Selection Procedure

The selection of the candidates shall be made on the basis of Online test and interview. The Online test will be conducted in English. All the eligible candidates who apply with the requisite fee and whose applications are received in time will be called for Online test, which will comprise the following:

(a) Online test marks: 200
(b) There shall be Negative Marking for wrong answers in the online examination
(c) Exam question / Syllabus contents would be as under.

For Assistant Manager (Financial)

i) Professional knowledge
ii) Reasoning
iii) Quantitative Aptitude
iv) English
v) General & Financial Awareness (with Emphasis on MSMEs, etc.)

For Assistant Manager (Technical)

i) Professional knowledge
ii) Reasoning
iii) Quantitative Aptitude
iv) English
v) General & Financial Awareness (with Emphasis on MSMEs, etc.)

For Assistant Manager (Law)

i) Professional knowledge Test on Law
ii) Reasoning
iii) Quantitative Aptitude
iv) English
v) General & Financial Awareness

Exam Pattern For APSFC Assistant Manager Recruitment 2023

There will be 70 objective-type questions in Professional knowledge
2 marks for each question and 15 objective-type questions with 1 mark each for others.
The time allotted for attempting the questions will be 120 minutes.

The structure of the test for the post of Asst. manager is as under:

Name of the Test	No. of questions	Maximum Marks	Version	Duration
Professional Knowledge	70	140	Only English	60 minutes
Reasoning	15	15		15 minutes
Quantitative Aptitude	15	15		15 minutes
English	15	15		15 minutes
General & Financial Awareness (with emphasis on MSMEs etc.)	15	15		15 minutes
Total	130	200		120 minutes

The structure of the test for the post of Asst. Manager (Technical) is as under:

APSFC Manager Job Online Application Fee

Application Fee including Bank and other charges (Non-Refundable)

SC/ST- Rs. 354/-
General / BC – Rs. 590/-
Candidates have to pay requisite fees/intimation charges through the ONLINE mode only.

Get Daily Job Updates On Telegram

How to Apply Online For APSFC Recruitment 2023

Application Registration
Payment Fee
Upload Documents

Detailed Process of APSFC Assistant Manager Online Form 2023

The Candidates Should Visit the Official Website @https://esfc.ap.gov.in/
Next, Find & Download the Advertisement and Check the Eligibility Criteria Very Carefully.
Select the Desired Post from Online Application Section and Click on the Apply Now Button.
Fill Registration Along with Some Basic Information Like Name, Date of Birth, Caste, Etc. With Registered Mobile Number and Email.
Pay the Application Fee Through Online.
Then Upload the Photo, Sign & Photo Identity Card.
Last, Submit the Application Form & Download or Take a Printout For Future Use.

Note: The Applicants Are Requested to Read the Official Notification Carefully Before Applying.

APSFC Assistant Manager Recruitment 2023 Important Links
Apply Online	Click Here
APSFC Assistant Manager Recruitment 2023 Official Notification	Download
APSFC Official Website	Check Here
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APSFC Assistant Manager Jobs 2023 FAQs

Q1. What is APSFC?

A1. APSFC stands for Andhra Pradesh State Financial Corporation. It is a financial institution that provides financial assistance and support to various sectors in Andhra Pradesh, such as small and medium enterprises, infrastructure, and energy.

Q2. How can I apply for the APSFC Assistant Manager Recruitment 2023?

A2. Interested candidates can apply online through the official APSFC website. The detailed application process is mentioned On this Page or recruitment notification.

Q3. Is work experience mandatory for the Assistant Manager position?

A3. Yes, Min. of 1-year experience on a full time basis in Banks / Financial Institutions / a Industry with exposure in project appraisal / financing / Accounting / TEV study etc.

Q4. What is the selection process for APSFC Assistant Manager Recruitment?

A4. Online test and interview.

Q5. What is the age limit for APSFC Assistant Manager Recruitment?

A5. The minimum age to apply is 21 years, and the maximum age limit is 30 years. However, age relaxations may apply for candidates belonging to reserved categories.

Q6. What is the Apsfc Assistant Manager’s salary?

A6. An amount of Rs. 35,000/- consolidated pay per month

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