Existing Career Growth Opportunities for Executives in PFC

Grade/ Designation

Minimum Experience Required for Next Promotion

Existing Pay Scale (Pre-revised)

E2 to E3

(Dy Officer to Officer)

1 year

E3 `24,900-3%-50,500/-

E3 to E4

(Officer to AM)

3 years

E4 `29,100-3%-54,500/-

E4 to E5

(AM to DM)

3 years

E5 `32,900-3%-58,000/-

E5 to E6

(DM to Manager)

3 years

E6 `36,600-3%-62,000/-

E6 to E7

(Manager to SM)

3 years

E7 `43,200-3%-66,000/-

E7 to E8

(SM to DGM)

4 years

E8 `51,300-3%-73,000/-

E8 (DGM to AGM)

(Re-designation)

3 years

E8 `51,300-3%-73,000/-

E8 (AGM to GM)

(Re-designation)

3 years

E8 `51,300-3%-73,000/-

E8 to E9

(GM to ED)

4 years

E9 `62,000-3%-80,000/-

 

Note: Promotion is based on the recommendation of DPC and subject to availability of vacancies.