The Stree Nidhi Credit Cooperative Federation Ltd, under the Department of Rural Development, Government of Telangana, has released Notification No: 24/Admin/2025-26 for the recruitment of Deputy Managing Director (DMD). Applications are invited from qualified professionals in the banking/microfinance sector to lead financial empowerment of SHG women across the state.
Key Highlights
| Particulars | Details |
|---|---|
| Organization | Stree Nidhi Credit Cooperative Federation Ltd (Govt of Telangana) |
| Post Name | Deputy Managing Director (DMD) |
| Location | Head Office, Hyderabad |
| Total Vacancies | 01 |
| Application Mode | Offline (email) |
| Last Date to Apply | 18 June 2025 |
| Official Website | www.streenidhi.telangana.gov.in |
About Stree Nidhi
Stree Nidhi is a state-level apex society, jointly promoted by the Govt. of Telangana and SHG federations, operating since October 2011. It provides affordable credit and financial services to 64 lakh SHG women across Telangana, empowering them through:
- Microfinance loans & savings
- Financial inclusion & banking services
- Digital platforms (Apps, e-Docs, UPI, biometric ID)
- Capacity building & digital literacy
Eligibility Criteria
| Criteria | Requirement |
|---|---|
| Age Limit | Minimum 50 years, Maximum 61 years (as on 01.05.2025) |
| Qualification | PGDM (IIM/ISB/IRMA) or MBA (Reputed Institute) or Graduate in relevant field |
| Experience | 20–25 years total, including 10–15 years in rural banking/microfinance roles |
| Language Skills | Telugu is mandatory (read/write/speak fluently) |
| Location Mobility | Willingness to travel across Telangana & other states |
Additional Expertise Required
- Microfinance, FPO/SHG/SME finance
- Digital banking & technology platforms
- Project formulation & appraisal
- Strategic leadership, regulatory compliance, stakeholder coordination
Salary & Benefits
| Component | Details |
|---|---|
| Consolidated Salary | ₹2.25–2.50 Lakhs/month (based on profile) |
| Housing | Leased accommodation provided |
| Transport | Official vehicle with driver |
| Other Benefits | Annual increment & health insurance |
| Final Approval | Subject to Govt approval and Management Committee |
Application Process
- Download the official application form from:
www.streenidhi.telangana.gov.in - Fill out the form and attach:
- Resume (CV)
- Proof of education & experience
- Cover letter highlighting suitability
- Send your application to:
cmadmin.tg@streenidhi.in
Subject Line: Application for the post of Deputy Managing Director - Deadline: 18 June 2025
General Instructions
- Only eligible candidates will be considered.
- Final selection subject to interview and government clearance.
- Incomplete applications will be rejected.
- All supporting documents must be self-attested.
For detailed information, eligibility matrix, and application form, visit:
🔗 www.streenidhi.telangana.gov.in
Stay tuned for further government job updates across Telangana and India!
5 FAQs
Q1. What is the last date to apply for the Stree Nidhi DMD post?
▶️ The last date to apply via email is 18 June 2025.
Q2. What is the salary offered for Deputy Managing Director in Stree Nidhi?
▶️ The salary ranges between ₹2.25 to ₹2.50 lakh per month, along with leased accommodation and official vehicle.
Q3. Who is eligible to apply for this recruitment?
▶️ Professionals aged 50–61 with a PGDM/MBA or relevant graduate degree and 20–25 years of experience in banking/microfinance.
Q4. Is knowledge of Telugu mandatory?
▶️ Yes, the candidate must be able to read, write, and speak Telugu fluently.
Q5. How do I apply for this job?
▶️ You must download the application form from the official website and send it by email to cmadmin.tg@streenidhi.in with all supporting documents.