Presiding Officer Vacancy at Department of Financial Services, New Delhi
The Department of Financial Services, Ministry of Finance, Government of India has invited applications for the posts of Presiding Officer in Debts Recovery Tribunals (Vacancy Circular No. F. No. 07/09/2026-DRT dated 01.10.2026, as amended by the corrigendum dated 10.10.2026). The circular covers 20 identified posts — 4 existing vacancies and 16 anticipated vacancies — along with any unforeseen vacancies in Debts Recovery Tribunals across the country arising up to 30.04.2027. The last date for receipt of applications is 09 November 2026 (till 5:00 PM).
Position at a Glance
| Post | Presiding Officer, Debts Recovery Tribunal |
| Number of Vacancies | 20 identified posts (4 existing + 16 anticipated), plus unforeseen vacancies arising up to 30.04.2027 |
| Nature of Engagement | Tenure of five years or till attaining the age of seventy years, whichever is earlier |
| Location | Various Debts Recovery Tribunals across India (a selected Presiding Officer may be posted at any place of vacancy) |
| Application Mode | Offline — by post, through proper channel wherever applicable |
| Last Date | 09 November 2026 (till 5:00 PM) |
Eligibility
The qualifications, eligibility, salary and other terms and conditions of appointment are governed by the Tribunal (Conditions of Service) Rules, 2021, as amended from time to time. A person shall not be qualified for appointment as Presiding Officer of a Debts Recovery Tribunal unless he or she is, or has been, a District Judge. As per the corrigendum, a person who is, or has been, a member of the Indian Legal Service in Grade I or above is also qualified, and a person holding or having held the post of Chairperson or Member of a Tribunal is eligible for re-appointment. Where the person appointed is a serving Judge of the Supreme Court or a High Court, or a serving member of any service of the Central or State Government or their undertakings, he or she shall either resign or obtain voluntary retirement from the parent service before joining the Tribunal.
How to Apply
Applications of eligible and willing officers are requested through proper channel (wherever applicable) in the prescribed proforma at Annexure-I to the circular, accompanied by the certificate of the employer/head of office/forwarding authority (Annexure-II), attested photocopies of the up-to-date CR/APAR dossier containing CR/APARs of at least the last five years (2021-22 to 2025-26), cadre clearance (for serving candidates), integrity certificate/clearance from the vigilance and disciplinary angle (Annexure-III, for serving candidates), and a statement of major or minor penalties, if any, imposed during the last ten years. The advertisement and the prescribed application form are available on the Department’s website at financialservices.gov.in/vacancies. Duly filled original applications in the prescribed format should reach the Under Secretary (DRT), Department of Financial Services, 3rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi-110001, latest by 5:00 PM on or before 09.11.2026. Incomplete applications and applications received after the due date will not be entertained, and no TA/DA will be admissible to candidates called for interaction.
Role and Importance
Debts Recovery Tribunals are established under the Recovery of Debts and Bankruptcy Act, 1993, for the expeditious adjudication and recovery of debts due to banks and financial institutions and for matters connected therewith or incidental thereto. There are 39 Debts Recovery Tribunals in India. Selection will be made by the Search-cum-Selection Committee constituted under the Tribunal Reforms Act, 2021, which will scrutinise the applications, shortlist candidates for personal interaction, and make the final selection on the basis of overall evaluation of qualification, experience and personal interaction.
Deadline Alert
The last date for receipt of applications is 09 November 2026 (till 5:00 PM) — 12 days remaining.
Official Link: https://financialservices.gov.in/vacancies
