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Job Description

Overview

The Department of Financial Services, operating under the Ministry of Finance, Government of India, has announced a recruitment drive for 20 Presiding Officer positions within various Debts Recovery Tribunals (DRTs) nationwide. This role is critical for the effective adjudication of financial disputes and the enforcement of debt recovery laws across the country. Professionals with extensive legal experience are invited to contribute to the judicial framework governing India's financial sector.

Key Responsibilities

  • Preside over legal proceedings within the Debts Recovery Tribunal to ensure fair and timely adjudication of financial cases.
  • Review and analyze complex financial documents, evidence, and legal arguments presented by involved parties.
  • Issue judicial orders and judgments in accordance with the Tribunal Reforms Act and relevant financial regulations.
  • Maintain the decorum and integrity of the tribunal proceedings while ensuring compliance with procedural laws.
  • Coordinate with administrative staff to manage the tribunal's caseload and ensure efficient disposal of pending matters.
  • Provide expert legal oversight on debt recovery matters to uphold the mandate of the financial justice system.

Why Apply

Serving as a Presiding Officer offers a prestigious opportunity to influence the financial legal landscape of India. The position provides a platform for experienced legal professionals to utilize their expertise in a high-impact judicial capacity, contributing significantly to the stability of the national financial infrastructure.

Important Dates

  • Notification Date: 01 October 2026
  • Application Deadline: 09 November 2026
  • Unforeseen Vacancy Cut-off: 30 April 2027

Quick Facts

  • Total Vacancies: 20
  • Pay Scale: As per Tribunal (Conditions of Service) Rules, 2021
  • Location: Various DRTs across India
  • Category: Other Jobs

Department of Financial Service Presiding Officer Recruitment 2026 Overview

Registration Date
01 Oct 2026 – 09 Nov 2026
Salary
As per Tribunal (Conditions of Service) Rules, 2021
Vacancies
20
Eligibility
District Judge or Member of Indian Legal Service

Vacancy Details

  • Debts Recovery Tribunal-3, Mumbai
  • Debts Recovery Tribunal-2, Chandigarh
  • Debts Recovery Tribunal, Allahabad
  • Debts Recovery Tribunal, Lucknow
  • Debts Recovery Tribunal-1, Chandigarh
  • Debts Recovery Tribunal, Visakhapatnam
  • Debts Recovery Tribunal-1, Hyderabad
  • Debts Recovery Tribunal, Cuttack
  • Debts Recovery Tribunal-1, Ernakulam
  • Debts Recovery Tribunal-1, Bengaluru
  • Debts Recovery Tribunal-2, Ernakulam
  • Debts Recovery Tribunal, Guwahati
  • Debts Recovery Tribunal, Pune
  • Debts Recovery Tribunal-3, Chandigarh
  • Debts Recovery Tribunal, Dehradun
  • Debts Recovery Tribunal-1, Kolkata
  • Debts Recovery Tribunal, Patna
  • Debts Recovery Tribunal, Nagpur
  • Debts Recovery Tribunal, Siliguri
  • Debts Recovery Tribunal-1, Chennai

How to Apply

  1. Download the official application format from the Department of Financial Services website.
  2. Fill in the bio-data in the prescribed proforma (Annexure-I).
  3. Prepare all required enclosures, including the certificate from the forwarding authority (Annexure-II) and the integrity certificate (Annexure-III).
  4. Attach attested copies of CR/APAR dossiers for the last five years.
  5. Ensure all documents are attested by a Group A officer.
  6. Submit the completed application through the proper channel to the Under Secretary (DRT), Department of Financial Services, 3rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi-110001.
  7. Ensure the application reaches the destination by 5:00 PM on 09 November 2026.
  8. Keep a photocopy of the submitted application and all attachments for your personal records.

Cutoff Marks

Not applicable.

Application Fee

Not specified in the notification.

Age Limit

Maximum 70 years

Selection Process

The selection process is managed by a Search-Cum-Selection Committee established under the Tribunal Reforms Act 2021. The committee conducts a thorough scrutiny of all received applications, evaluating candidates based on their professional qualifications and relevant experience. Shortlisted individuals are invited for a personal interaction. The final selection is determined by the committee's comprehensive assessment of the candidate's background, expertise, and performance during the personal interaction phase.

Exam Pattern

Not applicable as the selection is based on qualification, experience, and personal interaction.

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Organization

The Department of Financial Services is a key division under the Ministry of Finance, Government of India. It is responsible for overseeing the banking sector, insurance companies, and financial institutions in the country. The department plays a pivotal role in formulating policies that ensure the stability and growth of India's financial system. It manages various tribunals, including the Debts Recovery Tribunals, to facilitate the resolution of financial disputes and maintain the integrity of the national economy.

Frequently Asked Questions

The last date for the receipt of duly filled applications is 09 November 2026, up to 5:00 PM. Ensure your application reaches the specified address well before this deadline to avoid any postal delays.

There are a total of 20 vacancies for the post of Presiding Officer across various Debts Recovery Tribunals (DRTs) in India. These include both current and anticipated vacancies.

Candidates must be or have been a District Judge, or must be or have been a member of the Indian Legal Service in Grade I or above to be eligible for this appointment.

The maximum age limit for the position is 70 years. The tenure is fixed for a term of five years or until the candidate attains the age of seventy, whichever is earlier.

Applications must be submitted offline in the prescribed format. You need to send the original application through the proper channel to the Under Secretary (DRT), Department of Financial Services, New Delhi.

The official notification does not mention any application fee for this recruitment. Please refer to the detailed vacancy circular for any specific instructions regarding the submission process.

The selection is conducted by a Search-Cum-Selection Committee. The process involves a thorough scrutiny of applications followed by a personal interaction with the shortlisted candidates based on their qualifications and experience.

You can download the official notification and the prescribed application form (Annexure-I, II, III) from the official website of the Department of Financial Services or the provided link in the notification section.
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