What's in this article?
The India Infrastructure Finance Company Limited (IIFCL) has released a notification for 37 Officer vacancies, inviting applications for Assistant Manager (Grade A) and Manager (Grade B) posts. This recruitment offers a significant opportunity for candidates with postgraduate degrees or professional qualifications like LLB, CA, CS, CMA/ICWA, B.Tech/B.E. The online application window is open from 18 March 2026 to 10 April 2026, with an all-India selection process.
IIFCL Officer Recruitment 2026: Key Details
ProJobAlert.IN |
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|---|---|
| IIFCL Assistant Manager & Manager Vacancy 2026 Advertisement No.:- 2026/04 (Grade A) & 2026/03 (Grade B) | |
| Recruitment Authority | India Infrastructure Finance Company Limited (IIFCL) |
| Post Name | Assistant Manager (Grade A) Manager (Grade B) |
| Total Vacancies | 37 Posts |
| Job Location | New Delhi (All India Service Liability) |
| Start Date to Apply | 18 March 2026 |
| Last Date to Apply | 10 April 2026 |
| Qualification | Postgraduate Degree / Professional Qualification (LLB, CA, CS, CMA/ICWA, B.Tech/B.E.) |
| Age Limit | Assistant Manager: 21-30 Years Manager: Max 40 Years |
| Selection Process | Online Examination & Interview |
| Salary | Grade A: Rs. 44,500 – 89,150 Grade B: Rs. 55,200 – 99,750 |
| Application Fees |
UR / OBC / EWS: ₹600/- SC / ST / PwBD: ₹100/- (Includes Examination Fee + Intimation Charges) |
| Application Mode | Online |
| Syllabus & PYQs PDF | Download PDF |
| Official Notification | Download PDF |
| Official Website | www.iifcl.in |
| 👉 Apply Online Now | |
Important Date
- Notification Released: 18 March 2026
- Application Start: 18 March 2026
- Last Date : 10 April 2026
- Correction Date: To be Notified
- Exam Date: May / June 2026 (Tentative)
- Admit Card: Update Soon
Age Limit
- Minimum Age: 21 Years (for Assistant Manager)
- Maximum Age: 30 Years (for Assistant Manager)
- Maximum Age: 40 Years (for Manager)
- Age Relaxation:
- SC/ST: 5 Years
- OBC (NCL): 3 Years
- PwBD: 10-15 Years (as per category)
- Ex-Servicemen & 1984 Riots Victims: As per GoI Rules
- Note: Kindly Read Full Official Notification Before Apply.
Application Fees
- UR / OBC / EWS & Other Categories: ₹600/- (₹500 Examination Fee + ₹100 Intimation Charges)
- SC / ST / PwBD Candidates: ₹100/- (Intimation Charges Only)
- Payment Mode: Online through Debit Card, Credit Card, Net Banking, UPI.
Qualification
- Assistant Manager (Grade A): Postgraduate Degree/Diploma in any discipline OR Professional Qualifications like LLB/BA+LLB, CA, CS, CMA/ICWA, B.Tech/B.E. from a recognized University/Institution.
- Manager (Grade B): Postgraduate Degree/Diploma in any discipline OR Professional Qualifications like LLB/BA+LLB, CA, CS, CMA/ICWA, B.Tech/B.E. from a recognized University/Institution.
- Note: Specific qualifications apply for Environment & Social Safeguard streams.
Full Eligibility
Candidates must meet specific eligibility criteria for IIFCL Assistant Manager (Grade A) and Manager (Grade B) posts, including Indian citizenship, age limits, and educational qualifications with relevant experience as of 28 February 2026. Ensure all academic degrees are from UGC/AICTE/Government-approved institutions.
| Post Name | Educational Qualification | Experience Required |
|---|---|---|
| Assistant Manager (Grade A) - Generalist | Postgraduate Degree/Diploma in any discipline OR LLB/BA+LLB OR CA/CS/CMA/ICWA OR B.Tech/B.E. | Minimum 2 years of post-qualification officer-cadre experience in Banks/Financial Institutions/PSUs/Government or reputed organizations. |
| Assistant Manager (Grade A) - Environment & Social Safeguard | Engineering or Postgraduate Degree/Diploma in Environmental Management/Sciences OR M.Sc. or Post-Graduation in Social Work/Sociology/Anthropology/Economics Development Services. | Minimum 2 years of post-qualification officer-cadre experience in environment and social impact assessment and safeguards. |
| Manager (Grade B) - Generalist | Postgraduate Degree/Diploma in any discipline OR LLB/BA+LLB OR CA/CS/CMA/ICWA OR B.Tech/B.E. | Overall 7 years of officer/executive experience, including a minimum of 2 years in relevant areas. |
| Manager (Grade B) - Environment & Social Safeguard | Engineering or Postgraduate Degree/Diploma in Environmental Management/Sciences OR M.Sc. or Post-Graduation in Social Work/Sociology/Anthropology/Economics Development Services. | Overall 7 years of officer/executive experience, including a minimum of 2 years in relevant areas of environment and social impact assessment and safeguards. |
Salary Structure
IIFCL offers an attractive salary package for its Officers, with Assistant Managers (Grade A) receiving a basic pay of ₹44,500/- and Managers (Grade B) starting at ₹55,200/-. In addition to the basic pay, employees are entitled to various allowances and benefits, making the overall compensation highly competitive in the financial sector.
| Post Name | Pay Scale (Monthly) | Approx. Basic Pay (Monthly) | Approx. Gross Salary (Monthly) | Approx. CTC (Annually) |
|---|---|---|---|---|
| Assistant Manager (Grade A) | ₹44,500 – 2500 (4) – 54,500 – 2850 (7) – 74,450 – EB – 2850 (4) – 85,850 – 3300 (1) – 89,150 (17 Years) | ₹44,500/- | ₹80,000/- | ₹18-19 Lakhs |
| Manager (Grade B) | ₹55,200 – 2850 (9) – 80,850 – EB – 2850 (2) – 86,550 – 3300 (4) – 99,750 (16 Years) | ₹55,200/- | ₹1.5 Lakhs | ₹23.5 Lakhs |
- Selected candidates will also receive Dearness Allowance (DA), House Rent Allowance (HRA) or leased accommodation, Medical Reimbursement, Provident Fund, Gratuity, and other allowances as per company rules.
- Additional increments may be granted for candidates with JAIIB/CAIIB/Professional Qualifications.
- The posts are covered under the New Pension Scheme (NPS).
Selection Process
The IIFCL Officer Recruitment 2026 selection process involves two main phases: an Online Examination (Phase I) followed by a Technical and Behavioural Interview (Phase II). Candidates must qualify in both stages to be considered for the final merit list.
- Phase I: Online Examination - An objective-type test of 200 marks, comprising two tests: Test I (General Aptitude) and Test II (Domain Knowledge).
- Phase II: Interview - Candidates shortlisted from Phase I will be called for a 100-mark interview, which may be conducted in Hindi or English in New Delhi.
- Final Merit List - Prepared by combining marks from the Online Examination and Interview with a weightage of 40:60 respectively.
- Additional Assessments - IIFCL reserves the right to conduct Group Discussion, psychometric tests, or other assessment tools.
Exam Pattern
The IIFCL Officer Online Examination is an objective-type test divided into two parts, each with specific subjects and marking schemes. It assesses both general aptitude and specialized domain knowledge, with a total of 150 questions for 200 marks and a negative marking of 1/4th for incorrect answers.
| Test | Subjects | No. of Questions | Marks | Duration |
|---|---|---|---|---|
| Test I (General Aptitude) | Reasoning Ability Quantitative Aptitude English Language Current Affairs (Financial Sector) |
100 | 100 | 60 Minutes |
| Test II (Domain Knowledge) | Project Finance Corporate Banking, Treasury General Management Risk Management Corporate Governance in Banking Sector Accounting and Taxation Indian Economy Financial / Banking System in India Latest RBI/SEBI Circulars, Guidelines on NBFCs, Project Finance, NPA etc. |
50 | 100 | 60 Minutes |
| Total | 150 | 200 | 120 Minutes |
- Negative Marking: 1/4th (0.25) of the marks allotted for each wrong answer.
- Exam Language: English.
- Syllabus for Reasoning: Puzzles, Seating Arrangements, Direction Sense, Blood Relations, Syllogism, Coding-Decoding, Inequalities, Alpha-Numeric-Symbol Series, Data Sufficiency, Logical Reasoning.
- Syllabus for Quantitative Aptitude: Number System, Percentages, Ratio and Proportion, Simplification/Approximation, Data Interpretation, Speed, Time & Distance, Work & Time, Mixtures & Alligations, Profit & Loss, Mensuration, Probability, Algebra, Set Theory, Coordinate Geometry, Trigonometry.
- Syllabus for English Language: Reading Comprehension, Sentence Improvement, Paragraph-Based Questions, Cloze Test, Jumbled Paragraph, Fillers, Sentence Errors, Vocabulary.
- Syllabus for Current Affairs (Financial Sector): Recent RBI Monetary Policy, Banking reforms, NPAs, Government policies in financial sector, Fintech, SEBI regulations, Indian economy, Budget highlights, Important financial regulatory bodies.
Post / Category Wise Vacancy
The IIFCL Recruitment 2026 aims to fill a total of 37 Officer vacancies, with 33 posts for Assistant Manager (Grade A) and 4 posts for Manager (Grade B). These vacancies are distributed across Generalist and Environment & Social Safeguard streams, with reservations as per Government of India norms.
| Category | Assistant Manager (Grade A) | Manager (Grade B) | Total Posts |
|---|---|---|---|
| Unreserved (UR) | 11 | 2 | 13 |
| Scheduled Castes (SC) | 8 | 1 | 9 |
| Scheduled Tribes (ST) | 2 | 0 | 2 |
| Other Backward Classes (OBC – NCL) | 6 | 0 | 6 |
| Economically Weaker Sections (EWS) | 6 | 1 | 7 |
| Total Posts | 33 | 4 | 37 |
Job Profile & Responsibility
As an IIFCL Officer, you will play a crucial role in India's infrastructure development by managing financial accounts, ensuring financial security, and handling legal documentation for various projects. The role demands strong analytical, communication, and computer skills to contribute effectively to project funding, credit analysis, and risk management within the company.
| Post Name | Key Responsibilities |
|---|---|
| Assistant Manager (Grade A) | Maintain financial accounts of infrastructure projects. Ensure financial security and prevent fraud. Manage legal documents for projects. Coordinate across sections and deliver presentations. Assist in project funding and implementation of financial policies. |
| Manager (Grade B) | Make crucial financial and operational decisions. Infrastructure project financing & appraisal. Credit analysis & risk management. Corporate banking & treasury operations. Monitoring large-value loans. Policy and financial decision support. Handling stressed assets & recovery. MIS reporting & strategic operations. |
- Officers are responsible for project funding, credit analysis, and financial operations.
- The role involves working in a lean, officer-oriented organization focused on long-term infrastructure finance.
- Opportunities for career growth and promotion to higher grades based on performance and experience.
How To Apply
The application process for IIFCL Assistant Manager & Manager Recruitment 2026 is entirely online. Eligible candidates must visit the official IIFCL website, complete the registration, fill out the application form, upload necessary documents, and pay the application fee before the deadline of 10 April 2026.
- Step 1: Visit the official website www.iifcl.in and navigate to the "Careers" section.
- Step 2: Click on the relevant notification link (Advt. No. 2026/04 for Assistant Manager or Advt. No. 2026/03 for Manager) and select "Apply Online".
- Step 3: Complete the new registration with basic details to obtain a provisional registration number and password.
- Step 4: Log in and fill the online application form with personal details, category, stream, academic qualifications, and work experience.
- Step 5: Upload scanned copies of your photograph, signature, left thumb impression, and handwritten declaration as per the prescribed format.
- Step 6: Pay the applicable online application fee/intimation charges.
- Step 7: Review all details carefully in the preview section and submit the form. No changes are allowed after final submission.
- Step 8: Download and print the final submitted application form and fee receipt for future reference.
Important Links
| Apply Online | 👉 Click Here |
| Download Notification (Assistant Manager) | 👉 Click Here |
| Download Notification (Manager) | 👉 Click Here |
| Official Website | 👉 Click Here |
| Latest Govt Jobs 2025 | Click Here |
| All India Govt Jobs | Click Here |
| Home Page | Click Here |
FAQs
What are the total vacancies in IIFCL Officer Recruitment 2026?
There are a total of 37 Officer vacancies, including 33 Assistant Manager (Grade A) and 4 Manager (Grade B) posts.
What is the application start and last date for IIFCL Recruitment 2026?
The online application started on 18 March 2026 and the last date to apply is 10 April 2026.
What is the age limit for IIFCL Assistant Manager and Manager posts?
For Assistant Manager (Grade A), the age limit is 21 to 30 years. For Manager (Grade B), the upper age limit is 40 years, as on 28 February 2026.
What is the selection process for IIFCL Officer Recruitment?
The selection process involves an Online Examination (Phase I) followed by a Technical and Behavioural Interview (Phase II).
What is the salary for IIFCL Assistant Manager and Manager?
The basic pay for Assistant Manager (Grade A) starts at ₹44,500/- per month, with an annual CTC of around ₹18-19 Lakhs. For Manager (Grade B), the basic pay starts at ₹55,200/- per month, with an annual CTC of approximately ₹23.5 Lakhs.
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