IIFCL Assistant Manager Recruitment 2026: Apply Now!
IIFCL Assistant Manager Vacancy 2026: Prestigious Govt Finance Careers, ₹19 Lakh CTC, and Online Application Guide
The India Infrastructure Finance Company Limited (IIFCL) has officially announced the IIFCL Assistant Manager Recruitment 2026, offering a prestigious career path for ambitious professionals in the infrastructure finance sector. This highly sought-after recruitment drive for Grade A Officers seeks talented individuals from diverse backgrounds, including CA, CS, Law, and Engineering, to contribute to India’s massive infrastructure growth.
As a wholly government-owned organization, IIFCL provides an elite work environment and the chance to fund nation-building projects in energy, transport, and social infrastructure. Selected Assistant Managers will enjoy an exceptional remuneration package with an approximate CTC of ₹19 Lakhs per annum and a starting basic pay of ₹44,500. With the online application window open from March 18 to April 10, 2026, this is a golden opportunity for candidates with at least two years of experience to secure a stable and high-growth “Grade A” position in the public sector
Also Read: Bank of Baroda Recruitment 2026: Apply for Wealth Management Vacancies
Table of Contents
Vacancy Details
| Post | Assistant Manager (Grade A) |
|---|---|
| UR | 11 |
| SC | 8 |
| ST | 2 |
| OBC | 6 |
| EWS | 6 |
| Total | 33 |
| Reservations for PwBD | 4 |
Salary and Benefits
The selected candidates of IIFCL Assistant Manager Recruitment 2026 will receive a starting basic pay of Rs. 44,500 per month in the pay scale of Rs. 44,500 – 25,00 (4 increments) – 54,500 – 2,850 (7 increments) – 74,450 – EB – 2,850 (4 increments) – 85,850 – 3,300 (1 increment) – 89,150 over 17 years. Along with the pay, they will be eligible for allowances such as Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Special Allowance. The approximate cost to company for an Assistant Manager is around Rs. 19 lakhs per annum. Additional increments may be granted for professional qualifications like JAIIB/ CAIIB. Other benefits include leased accommodation, gratuity, leave concession, reimbursement of medical expenses, loans at concessional rates, and more.
Eligibility Criteria
Nationality
Candidate must be a citizen of India.
Age Limit (As on 28th February 2026)
- Minimum age: 21 years
- Maximum age: 30 years
- Age relaxations are applicable as per government norms for SC/ST, OBC (Non-Creamy Layer), PwBD, Ex-Servicemen, and other categories.
Educational Qualifications and Experience
| Stream/Post | Number of Posts | Essential Educational/Professional Qualification | Minimum Post-Qualification Experience |
|---|---|---|---|
| Assistant Manager (Grade A) – Generalist | 31 | Postgraduate degree/ diploma in any discipline, Bachelor’s Degree in Law (LLB/ BA+LLB), Chartered Accountant (CA), Company Secretary (CS), Certified Management Accountant (CMA/ ICWA), B.Tech or B.E. | At least 2 years post-qualification experience as officer in Banks, Financial Institutions, Government, PSUs, or reputed organizations. |
| Assistant Manager (Grade A) – Environment and Social Safeguard | 2 | Engineering/Postgraduate degree/ diploma in Environmental Management/ Sciences, Social Work, Sociology, Anthropology, Economics, Development Services. | At least 2 years post-qualification experience as officer in Banks, Financial Institutions, Government, PSUs, or reputed organizations. |
All qualifications must be from recognized institutions or universities. Candidates should have excellent communication, analytical, drafting skills, and proficiency in computer use.
Selection Process
The selection of IIFCL Assistant Manager Recruitment 2026 will be carried out in two phases:
- Phase I: Online Examination (Objective Type) consisting of Reasoning, Quantitative Aptitude, English Language, Current Affairs related to Financial Sector, and Domain Knowledge.
- Phase II: Interview (Technical and Behavioural) based on marks secured in Phase I. The final selection will be based on the combined merit of Online Examination and Interview.
Exam Pattern of IIFCL Assistant Manager Recruitment 2026
| Test | Section | Type of Questions | No. of Questions | Maximum Marks | Duration |
|---|---|---|---|---|---|
| Test I | Reasoning, Quantitative Aptitude, English Language, Current Affairs related to Financial Sector | Objective | 100 | 100 | 60 minutes |
| Test II | Domain Knowledge covering Project Finance, Corporate Banking, Treasury, General Management, Risk Management, Corporate Governance, Accounting and Taxation, Indian Economy, Financial System, RBI/ SEBI Guidelines | Objective | 50 | 100 | 60 minutes |
There is negative marking of one-fourth for each wrong answer. Candidates must clear minimum aggregate marks fixed by IIFCL to qualify for the interview.
Documents Required
- Proof of Date of Birth (Birth Certificate/ SSLC/ Std. X Certificate)
- Photo Identification Proof (PAN Card, Passport, Driving Licence, Voter ID, Aadhaar, etc.)
- Proof of Permanent Address
- Educational Certificates and Mark Sheets
- Caste/ Category Certificates (SC/ ST/ OBC/ EWS/ PwBD) as applicable
- Disability Certificate in prescribed format (if applicable)
- Income and Asset Certificate for EWS candidates
- Ex-Servicemen relevant certificates
- No Objection Certificate for candidates employed in Government/ PSUs
- Experience Certificates with clear details of the service
How to apply for IIFCL Assistant Manager Recruitment 2026?
- Visit official website of IIFCL Assistant Manager Recruitment 2026 (Link GIven Beow).
- Register with personal details and obtain Provisional Registration Number and Password.
- Fill the application form carefully and save your details periodically.
- Upload scanned photograph, signature, left thumb impression, and handwritten declaration as per specifications.
- Verify all details and complete registration.
- Make online payment of the application fee.
- Take a printout of the application form after submission for future reference.
Application Fees
| Category | Fee |
|---|---|
| SC/ST/PwBD | Rs. 100/- |
| Others (UR/EWS/OBC) | Rs. 600/- |
Key Dates
| Event | Date |
|---|---|
| Opening of Online Registration Gateway and Fee Payment | 18th March 2026 |
| Closing of Online Registration Gateway and Fee Payment | 10th April 2026 |
| Cut-off Date for Age Eligibility | 28th February 2026 |
| Cut-off Date for Educational Qualification and Experience | 28th February 2026 |
| Tentative Schedule for Online Examination | May/ June 2026 |
| Tentative Schedule for Interviews | June/ July 2026 |
| Declaration of Final Result | July/ August 2026 |
Important Links
| Official IIFCL Website |
| IIFCL Assistant Manager Recruitment 2026 Notification |
| Online Application Portal of IIFCL Assistant Manager Recruitment 2026 |
Frequently Asked Questions
What is the application mode for IIFCL Assistant Manager Recruitment 2026?
Applications are accepted online only through IIFCL’s official website.
What is the age requirement for applying to the Assistant Manager post?
The age should be between 21 and 30 years as on 28th February 2026, with applicable relaxations.
Are candidates from reserved categories eligible for fee relaxation?
Yes, SC/ST/PwBD candidates pay Rs. 100 as intimation charges only, while others pay Rs. 600.
What is the selection procedure for the Assistant Manager post?
The selection involves an online examination followed by a technical and behavioural interview.
Is post-qualification experience mandatory?
Yes, a minimum of 2 years of post-qualification experience in relevant organizations is required.
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