Overview of Stree Nidhi and 2026 Recruitment Drive
Stree Nidhi Credit Cooperative Federation Ltd., Telangana, is a state-level apex credit society promoted jointly by the Government of Telangana and federations of Self Help Groups (SHGs). It operates under the Telangana State Cooperative Societies Act, 1964 and has been supporting rural credit and livelihoods since October 2011.
For 2026–27, Stree Nidhi has announced a major recruitment drive for three broad categories of positions:
- Head Office Consultants on contract
- Fixed Term Employees (FTEs) at Head Office and in field leadership roles
- Assistant Managers – Field Operations across Telangana districts
These roles are open to experienced professionals from banking, NBFCs, microfinance, rural development, SHG ecosystem and allied sectors, with clearly defined qualifications, age limits, remuneration and detailed job profiles.
Consultant Posts at Head Office – High-End Specialist Roles
The “Consultants” notification targets senior and mid‑senior professionals to work at Stree Nidhi’s Head Office in Hyderabad purely on a one‑year renewable contract. These are not government or permanent jobs and are governed entirely by Stree Nidhi HR policy and individual contract agreements.
Key Consultant Designations and Indicative Pay
The notification covers a structured set of senior positions with consolidated monthly remuneration, subject to organizational norms and experience:
Consultants are entitled only to consolidated remuneration with annual increments as per policy, and all positions are presently based in the Head Office, subject to administrative exigencies.
Consultant Eligibility: Age, Qualification & Experience
Each post carries specific eligibility norms; some key highlights:
- General Manager (Code 01):
- Age: 50–63 years
- Qualification: Post‑graduate; preference for CA, MBA/PGDBM in Finance, M.Com, Agriculture, Rural Management, Commerce; CAIIB preferred for retired bankers.
- Experience: Minimum 20 years overall, with 10–15 years in senior leadership in credit management, policy, microfinance/SHG financing, BFSI domain and large credit portfolios.
- DGM – Funds & Accounts (Code 02):
- DGM – IT, MIS & Procurement (Code 03):
- DGM – Monitoring (Code 04):
Mid‑level posts such as Assistant General Managers, Senior Managers, Managers and Research/Consultancy roles require 3–15 years of relevant experience, familiarity with SHG/VOS/MS federations and strong IT, analytical and communication skills in Telugu and English.
Consultant Job Profiles: Strategic and Specialist Mandates
Each consultant profile is clearly defined to support Stree Nidhi’s credit, IT, fund and HR systems:
- General Manager:
- DGM – Funds & Accounts:
- DGM – IT, MIS & Procurement:
- DGM – Monitoring:
Other posts (AGMs, Senior Managers and Managers in IT, Funds, Accounts, HR, Research, Financial Inclusion and Insurance) provide operational leadership in their domains – from preparing financial proposals and MIS dashboards to managing HR strategy, field monitoring, BC networks and claims management.
Application Process and Fee for Consultant Positions
For consultant posts, applications are offline and must follow Stree Nidhi’s prescribed format:
- Download the application form (Annexure II) from Stree Nidhi’s website (Careers section).
- Pay non‑refundable application fee via NEFT/RTGS to the notified Stree Nidhi account, retaining the transaction reference and receipt.
- Enclose a printed copy of the transaction receipt with the application.
Application fee (including GST):
- Rs. 885 for posts such as GM, DGMs, AGMs, Team Leader, Associate, Chief Managers and Senior IT Consultant.
- Rs. 590 for Senior Managers & Managers.
Completed applications, superscribing the post name and code, must reach the Managing Director, Stree Nidhi Credit Cooperative Federation Ltd., My Home Sarovar Plaza, Secretariat Road, Saifabad, Hyderabad – 500063, by the specified last date (20.05.2026 in this notification).
Only shortlisted candidates (up to 1:5 ratio) will be called for personal interviews, and Stree Nidhi’s decision is final.
Fixed Term Employees (FTEs): Credit, Regional Management & PS to MD
The second notification covers Fixed Term Employees (FTEs), recruited on contract but with a longer‑term framework (probation plus 5‑year contract, renewable annually based on performance).
FTE Posts and Pay Structure
Stree Nidhi is filling the following FTE posts at Head Office and in the field:
| Post | Code | No. of Posts | Gross Monthly Remuneration (Rs.) |
|---|---|---|---|
| Assistant General Manager – Credit & Monitoring | FTE01 | 2 | 56,000 |
| Regional Manager / Chief Manager | FTE02 | 7 | 50,370 |
| PS to Managing Director | FTE03 | 1 | 35,822 |
Salary is linked to organizational norms, experience and knowledge, with possible future revisions at Stree Nidhi’s discretion.
FTE Employment Terms and General Conditions
- All FTE posts are contractual; this is neither a government job nor a permanent appointment.
- Selected candidates serve one year probation, followed by a 5‑year contractual appointment, renewed annually based on performance.
- Regional Managers in the field must be prepared to tour for a minimum of 20 days per month from their district headquarters.
- Appointment is subject to HR policy, medical fitness, background verification and signed contract agreement.
FTE applicants must be natives of Telangana, and a nativity certificate issued by a competent government authority is mandatory.
FTE Eligibility and Role Highlights
Assistant General Manager – Credit & Monitoring (FTE01):
- Age: 40–55 years.
- Qualification: Post‑graduate in Finance/Banking/Economics/Rural Management/MBA/PGDBM.
- Experience: 12–15 years with at least 5 years in project appraisal, microfinance/SHG financing, livelihood/MSME/FPO financing, credit policy and portfolio management.
- Responsibilities:
Regional Manager / Chief Manager (FTE02):
- Age: 35–45 years.
- Qualification: Post‑graduation (preference to MBA, Rural Development, MSW, M.Com).
- Experience: 8–10 years in microfinance/SHG financing/banking, rural development and CBO operations, with hands‑on credit monitoring, recovery and internal inspection/social audits.
- Responsibilities:
- Support senior management on credit operations and monitor district‑wise disbursement and recovery.
- Guide district managers/assistant managers, oversee documentation, conduct CBO ratings and promote sustainable community‑based enterprises.
- Design training for staff and CBOs and coordinate audits and compliance closure.
PS to Managing Director (FTE03):
- Age: 28–35 years.
- Qualification: Post‑graduate in any discipline; preference for MBA/PGDBM in Management/HR or diploma in Secretarial Practice/Office Management.
- Experience: 3–5 years in administration, executive assistance or secretarial support.
- Responsibilities:
Application & Selection Process for FTEs
The FTE application process mirrors that of consultants but with one key additional requirement: nativity certificate.
- Download the FTE application form (Annexure II) from Stree Nidhi’s website.
- Pay the non‑refundable fee (Rs. 885 for AGM & Regional Manager/Chief Manager; Rs. 590 for PS to MD) via online transfer into the notified account and attach proof.
- Enclose all required documents including nativity certificate, CV, experience and relieving letters.
- Submit the application to the Managing Director at the Hyderabad Head Office on or before 20.05.2026.
Shortlisted candidates are called for interview, with Stree Nidhi reserving full discretion over shortlisting, selection and cancellation of recruitment at any stage.
Assistant Managers – Field Operations: 123 Vacancies Across Telangana
The third notification invites ONLINE applications for 123 Assistant Manager (Field Operations) posts across Telangana mandals, to be applied through IBPS via a link on Stree Nidhi’s website.
Key Dates and Mode of Application
- Online application and fee payment window: 09.05.2026 (00:00 hrs) to 29.05.2026 (24:00 hrs).
- Applications are accepted only online; no other mode is permitted.
- Candidates must apply via IBPS link hosted on Stree Nidhi’s official website under Careers.
Any information found incorrect at later stages leads to cancellation of candidature, even after provisional selection.
Reservation & SHG Member Quota
Stree Nidhi voluntarily follows reservation principles aligned to cooperative sector social justice norms, with reservation and roster as per Government benchmarks.
- 10% of Assistant Manager posts in each district are reserved for SHG members (12 posts per district).
- SHG applicants must not be defaulters to Stree Nidhi or any bank at the time of application, and cannot remain SHG members after selection.
- For Persons with Disabilities, reservation is restricted to OH (Orthopedically Handicapped) category, considering the intensive field nature of the job.
District‑wise and category‑wise vacancy distribution is given in Annexure I of the notification.
Assistant Manager Eligibility: Education, Age & Other Requirements
Educational Qualification:
- Bachelor’s degree from a recognized university under Central/State Acts or UGC‑recognized institutions.
- Minimum qualifying marks:
- 65% for OC candidates
- 60% for BC candidates
- 55% for SC/ST/PwD candidates
- Degree certificate must be obtained prior to the notification date; final‑semester students are ineligible.
- Working knowledge of MS Office is mandatory.
Age Limits:
- 25 to 30 years as on the notification reference date.
- Relaxation: 3 years for BCs; 5 years for SC/ST/PwD candidates.
- Ability to read, write and speak Telugu and English.
- Must be a native of Telangana; nativity certificate issued by MRO is mandatory.
- Must declare the native mandal in the application and apply only for their native district; applications to other districts are not considered.
- Must be willing to tour at least 20 days per month in the allotted area.
- Must own a two‑wheeler (or acquire within three months of joining) and a valid driving license (on or within two months of joining). Candidates without vehicle and licence will be discontinued.
- Must accept all contract conditions and submit relieving letter from previous employer, if employed.
Nature of Assistant Manager Job and Caution Deposit
Assistant Manager is a purely contractual, field‑intensive role:
- One‑year probation; after successful probation, contract for 5 years, renewable yearly based on performance.
- Work involves extensive travel from the allotted headquarters, visiting Mandal Samakhyas/Town Level Federations (MSs/TLFs) and Village/Slum Level Federations (VOs/SLFs).
- Selected candidates must deposit Rs. 35,000 as caution deposit with Stree Nidhi for two years at the time of joining.
Salary, Allowances and Approximate Monthly Emoluments
Stree Nidhi offers a structured pay and allowance package for Assistant Managers:
Total emoluments work out to around Rs. 33,960 per month, inclusive of basic pay, special allowance, HRA, CCA and PF contributions (employer and employee).
FTA and Daily Allowance are paid as per current guidelines, while Vehicle Maintenance Allowance is payable only when the Assistant Manager uses their own two‑wheeler with a valid licence for official visits.
Online Application, Documents and Fees
The application process involves registration, detailed data entry, uploading scanned documents and fee payment.
Application fee (including GST):
- Rs. 770 for SC/ST/PwD
- Rs. 885 for all other categories
- Register on IBPS portal via the link on Stree Nidhi website to obtain provisional registration number and password.
- Fill the online form carefully, using “Save & Next” before final submission.
- Upload:
- Recent passport‑size photograph and a live photograph capture
- Signature (black ink on white paper)
- Left thumb impression (or right thumb where applicable)
- Handwritten declaration in English (not in capitals) with prescribed text.
- Pay the fee online using debit/credit card, net banking, IMPS, wallets etc.
- Download and print the e‑receipt and final application form for records.
Image file sizes, formats and dimensions must follow strict guidelines, and any mismatch or unclear uploads can lead to rejection or denial of entry to the exam centre.
Online Examination Pattern and Cut‑Offs
Selection is based primarily on an online test conducted by IBPS, with the following structure:
| Test | Questions | Marks | Duration |
|---|---|---|---|
| Quantitative Aptitude | 25 | 25 | 90 minutes total |
| Reasoning | 25 | 25 | |
| English Language | 25 | 25 | |
| General Awareness (including Banking) | 25 | 25 | |
| Total | 100 | 100 |
- Exam medium is English only.
- Calculators, mobiles and electronic gadgets are strictly prohibited.
- Negative marking: 0.25 mark deduction for each wrong answer; unanswered questions carry no penalty.
- Candidates must qualify in each test and in aggregate, with cut‑offs decided by Stree Nidhi.
Scores are normalized across sessions, reported up to two decimal places and used to rank candidates category‑wise and district‑wise. Final shortlisting depends on vacancies in the specific district and category, and on candidates clearing minimum scores in individual tests and total.
Examination Centres and Call Letters
The online examination is proposed at multiple centres within Telangana such as Adilabad, Hyderabad, Karimnagar, Khammam, Kothagudem, Mahabubnagar, Nalgonda, Nizamabad, Peddapalli and Warangal, though Stree Nidhi can change, cancel or add centres as required.
- Candidates download call letters from Stree Nidhi website using registration number and password/date of birth.
- They must carry the printed call letter, an original valid photo ID (Aadhaar/e‑Aadhaar, Passport, PAN, driving licence, voter ID, etc.) and a photocopy of the same to the exam centre.
- Name on call letter and ID must exactly match; in case of name change, original gazette/marriage certificate/affidavit is necessary.
Late reporting beyond the time on call letter leads to denial of entry. The total time at venue is about 2.5 hours, including verification and instructions.
Assistant Manager Job Profile – Field Credit and SHG Ecosystem
Assistant Managers drive Stree Nidhi’s field‑level credit operations and community engagement:
- Credit Management
- Manage credit portfolio in assigned mandals/towns covering multiple MSs/TLFs and VOs/SLFs.
- Prepare cluster‑wise credit plans, ensure annual targets are met, and oversee e‑documentation of loans using tablets.
- Identify viable income‑generating activities, prepare Household Livelihood Plans and ensure proper end‑use of credit.
- Repayment & Deposits
- Capacity Building & Meetings
- Business Correspondent (BC) Operations
- Insurance & Social Audit
Assistant Managers also handle technical troubleshooting in the field, promote the Mana Stree Nidhi app and contribute directly to Stree Nidhi’s image and impact at grassroots level.
Common Instructions, Disqualifications and Legal Conditions
All three notifications include strict general instructions and disqualification clauses that applicants must note:
- Eligibility and Truthful Information:
- Candidates must ensure they meet all eligibility criteria and that all information and documents are correct.
- Any false information, suppression of facts or ineligible candidature discovered at any stage leads to cancellation of appointment and further action.
- Restrictions on Applications:
- Ineligibility:
- Candidates with criminal background, disciplinary proceedings or fraud involvement are not eligible.
- Individuals whose previous contract/employment with Stree Nidhi was terminated are barred from applying for any current or future positions.
- For Assistant Managers, candidates who have defaulted with Stree Nidhi/Banks/NBFCs/other financial institutions and have not regularised dues are ineligible; defaults during the recruitment process also disqualify them.
- Medical Fitness and TA/DA:
- Appointment is subject to medical fitness certified by a doctor not below the rank of Assistant Civil Surgeon.
- No TA/DA is paid for attending interviews or joining duty.
- Recruitment Control & Legal Jurisdiction:
- The Managing Director reserves full rights to modify, cancel or keep recruitment in abeyance without assigning reasons.
- Legal disputes are restricted to the jurisdiction of Hyderabad courts/tribunals only.
Stree Nidhi also retains the right to verify references and background, and all revisions/corrigenda to these notifications are published only on the official website, so candidates must check it regularly.