MAHAGENCO F&A Recruitment 2026 is finally here! The Maharashtra State Power Generation Company Ltd has officially released a notification to hire dynamic candidates for various Finance & Accounts positions, including General Manager, Senior Manager, and Deputy Manager. This is a brilliant chance for CA, ICWA, M.Com, and MBA Finance professionals to secure a highly respected, high-paying job. In this article, I will walk you through all the real and official details, from the application dates to the exact salary structure, so you have everything you need to apply smoothly. 👉 best online pdf tool
MAHAGENCO F&A Recruitment 2026 Overview
Information Category
Official Details
Organization Name
Maharashtra State Power Generation Company Ltd. (MAHAGENCO)
Advertisement Number
Advt. No. 03/2026
Post Names
General Manager, Asst. General Manager, Sr. Manager, Manager, and Dy. Manager (F&A)
Any Indian Citizen is fully eligible to apply for this job.
Reservation Benefits
To claim age relaxation or category reservation (SC/ST/OBC/SEBC/EWS/Woman), the candidate must have a valid Maharashtra State Domicile Certificate.
Other State Candidates
Candidates from states other than Maharashtra are eligible to apply, but they will be considered under the “OPEN” category and cannot claim reservation benefits.
Secondary School Certificate (SSC/CBSC/ICSE) clearly showing your Date of Birth.
Educational Certificates
Degree or Provisional Degree mark sheets in support of your qualification.
Experience Proof
Form-16 or Salary Certificate from your employer with a clear breakdown, plus a self-explanatory experience certificate showing your work nature.
Caste & Domicile Proof
Valid Caste Certificate, Caste Validity Certificate, and Maharashtra State Domicile Certificate (if applying under a reserved category).
Other Important Docs
Current year Non-Creamy Layer Certificate/Income Certificate (for VJ-A/NT/SBC/OBC/SEBC/EWS), PwD Swawalamban Certificate (UDID), and Marathi language Performa.
MAHAGENCO F&A Recruitment 2026 Syllabus Overview
Subject / Section
Description
Professional Knowledge
Core topics of Finance, Accounts, Audit, Taxation, and Corporate Laws matching the CA/ICWA/MBA standard.
General Aptitude
Assessment of Reasoning Ability and Quantitative Aptitude.
Language Knowledge
Knowledge of the Marathi language is highly desirable. Candidates who do not possess it will need to clear a departmental Marathi exam within three years of joining.
Candidates will face an Assessment Centre Test which includes an In-Basket Exercise, Group Discussion, Case Discussion, Problem Solving, and Presentation Skills.
Junior Level (Manager, Dy. Manager)
Candidates will have to clear an Online Written Test featuring objective-type questions.
Minimum Qualifying Marks
Open category candidates must secure at least 30% marks, while Backward Category candidates must secure at least 20% marks.
Selection Process
Post Category
Selection Steps
General, Asst. General & Sr. Manager
Step 1: Assessment Centre Test. Step 2: Personal Interview. Final selection is based on combined performance.
Manager & Dy. Manager
Step 1: Online Written Test. Step 2: Document Verification. Step 3: Personal Interview.
Visit the official MAHAGENCO website (www.mahagenco.in) and navigate to the “Careers” section.
Step 2
Find Advertisement No. 03/2026 and click on the “Click here for Online application” link.
Step 3
Complete your registration by providing a valid, active personal email ID and Mobile Number.
Step 4
Fill out the detailed online application form. Ensure your name, caste, and DOB strictly match your certificates.
Step 5
Upload a clear photograph, your signature, and all the required educational/experience documents in the specified format.
Step 6
Pay your respective application fee securely online using Net Banking, Debit Card, or Credit Card.
Step 7
Submit the form. Important Note for GM, AGM, and Sr. Manager Applicants: You must take a printout of the final form and send the hard copy along with all attached documents to the Dy. General Manager (HR-RC) office in Mumbai before 20/03/2026.
What is the last date to apply for MAHAGENCO F&A Recruitment 2026?
The last date to register and pay the application fee for MAHAGENCO Finance and Accounts positions is March 20, 2026.
What is the educational qualification for MAHAGENCO Deputy Manager (F&A)?
Candidates must have passed Inter CA/ICWA with 1 year of experience, or hold an MBA (Finance) or M.Com degree with 3 years of relevant experience.
What is the age limit for MAHAGENCO General Manager (F&A) posts?
The maximum age limit for the General Manager post is 48 years as of March 20, 2026, with relaxation available for reserved categories and departmental employees.
How much is the application fee for the MAHAGENCO F&A exam?
Open category candidates must pay Rs. 944 (including GST), while reserved category candidates (SC/ST/OBC/EWS/SEBC) need to pay Rs. 708. PwBD candidates are exempted from fees.
What is the selection process for Manager and Deputy Manager posts?
The selection process for these junior-level roles involves an Online Written Test, followed by Document Verification and a Personal Interview.
What is the salary scale for a Senior Manager (F&A) in MAHAGENCO?
The selected Senior Manager (F&A) will receive a pay scale ranging from Rs. 97,220 to Rs. 2,09,445 under Pay Group 1.
Can candidates from other states apply for MAHAGENCO Recruitment 2026?
Yes, Indian citizens from any state can apply, but they will be treated as “OPEN” category candidates and must apply without reservation benefits.
Candidates are advised to cross-check the latest information on the official website before applying.
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