DFS Debts Recovery Tribunal Presiding Officer Recruitment 2026
Department of Financial Services, Ministry of Finance
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DFS Debts Recovery Tribunal Presiding Officer Recruitment 2026
Department of Financial Services, Ministry of Finance
Quick facts
About the role
Department of Financial Services under the Ministry of Finance has issued an updated corrigendum notification inviting applications for 20 vacancies of Presiding Officer across Debts Recovery Tribunals located throughout India. This tenure-based recruitment is open to practicing advocates from the private bar, retired district judges, and senior corporate legal practitioners with at least ten years of proven commercial litigation or banking dispute experience. Candidates appointed to these tribunal benches will adjudicate high-value debt recovery applications, securitisation claims, and related insolvency disputes filed by commercial banks and financial lenders. Selected candidates receive a consolidated monthly salary of ₹2,25,000 without allowances, serving a fixed term of up to four years or until reaching 67 years of age. Applications must be completed and submitted through the official portal of the department before the deadline of 09 Nov 2026. Senior advocates and private legal professionals seeking judicial responsibilities in financial arbitration should review the eligibility terms and submit their nominations promptly.
Highlights
- Twenty Presiding Officer vacancies across Debts Recovery Tribunals nationwide
- Consolidated monthly compensation fixed at ₹2,25,000 per month
- Open to practicing advocates and commercial litigation lawyers with 10 years at the bar
- Tenure appointment for a term of 4 years or until attaining 67 years of age
- Online application window closes on 09 Nov 2026 with no application fee
Selection process
- 1Scrutiny of applications and verification of bar standing or judicial track record
- 2Shortlisting of eligible advocates and legal professionals by the Search-cum-Selection Committee
- 3Personal interview and interaction before the high-level judicial selection committee
- 4Integrity verification, medical clearance, and formal appointment order issue
How to apply
- 1Visit the recruitment section on the Department of Financial Services portal at financialservices.gov.in.
- 2Open the vacancy circular for Presiding Officer in Debts Recovery Tribunals and fill in your professional details.
- 3Upload your law degree certificates, bar council registration proof, experience profile, and recent judgments or argued cases list.
- 4Review all entered information carefully and submit the online application form before 09 Nov 2026.
- 5Download and save the system-generated acknowledgement slip along with the PDF of the completed form for reference.
Important dates
- Corrigendum Notification Date10 Oct 2026
- Online Registration Commenced10 Oct 2026
- Last Date to Apply Online09 Nov 2026
- Interview Schedule AnnouncementDec 2026
Official source & verification
Application status tracker
- Last date to apply09 Nov 2026
Frequently asked questions
Can practicing advocates from the private bar apply for the Presiding Officer post?
Yes. Advocates with a minimum of ten years of active standing in commercial, civil, or banking litigation before High Courts or the Supreme Court can apply. Candidates must submit verified certificates of practice from their respective State Bar Councils along with sample judgments or orders demonstrating commercial law practice.
What is the upper age limit for Presiding Officer vacancies in DRTs?
Applicants must have attained 50 years of age on the closing date of application and must not exceed 67 years. The statutory tenure runs for a period of four years or until the appointee reaches 67 years of age, whichever occurs earlier, as per prevailing tribunal rules.
What is the monthly salary structure for selected Presiding Officers?
Selected candidates receive a consolidated salary of ₹2,25,000 per month without standard grade pay allowances. For candidates who have retired from judicial service or public sector undertakings, their pay is fixed according to central government rules on pension deduction from the consolidated sum.
Is there any application fee required for this recruitment?
No application fee is charged. The Department of Financial Services allows candidates from all categories, including General, OBC, SC, ST, and EWS, to submit their applications online free of cost through the official departmental recruitment interface before the specified closing date.
How will candidates be selected for the Presiding Officer role?
The Search-cum-Selection Committee screens all submitted portfolios and shortlists applicants based on legal experience, standing at the bar, and judicial suitability. Shortlisted candidates must attend a personal interview. Recommendations of selected candidates are forwarded to the competent authority for issuance of appointment letters.