IIFCL Manager Recruitment 2026: Apply Now for Grade B Roles
IIFCL Manager Vacancy 2026: Elite Infrastructure Finance Careers, ₹23.5 Lakh CTC, and Application Guide
The India Infrastructure Finance Company Limited (IIFCL) has officially announced the IIFCL Manager Recruitment 2026, offering a prestigious leadership opportunity for seasoned professionals in the infrastructure sector. This recruitment drive for Grade B Officers is designed for experts in Finance, Law, Engineering, and Social Sciences who are ready to drive India’s national development. As a premier government-owned financial institution, IIFCL provides a high-growth environment for those looking to manage large-scale projects in energy, transportation, and urban infrastructure.
Selected Managers will receive an exceptional remuneration package with an approximate CTC of ₹23.5 Lakhs per annum and a starting basic pay of ₹55,200. With the online application window open from March 18 to April 10, 2026, this is a golden opportunity for professionals with 7 years of experience to secure a strategic and stable career in public sector financing.
Also Read: IIFCL Assistant Manager Recruitment 2026: Apply Now!
Table of Contents
Vacancy Details
| Post | Manager (Grade B) |
|---|---|
| UR | 2 |
| SC | 0 |
| ST | 1 |
| OBC | 0 |
| EWS | 1 |
| Total | 4 |
Salary and Benefits
Selected candidates of IIFCL Manager Recruitment 2026 will start with a basic pay of Rs. 55,200/- per month in the pay scale of Rs. 55,200 – 28,50 (9 increments) – 80,850 – EB – 28,50 (2 increments) – 86,550 – 33,00 (4 increments) – 99,750 (over 16 years). They will also receive Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance (15% of basic pay if lease facility is not availed), Family Allowance, Special Allowance, and other benefits. The gross salary package amounts to approximately Rs. 23.5 lakhs per annum.
Additional increments may be granted to candidates possessing JAIIB/CAIIB or relevant professional qualifications. The appointment includes benefits like leased accommodation, gratuity, leave travel concession, medical reimbursement, loans at concessional rates, and more as per company rules.
Eligibility Criteria
Nationality
Candidate must be a citizen of India.
Age Limit (as on 28th February 2026)
- Maximum age: 40 years.
- Age relaxation as per government norms for SC/ ST/ OBC/ PwBD/ Ex-Servicemen.
Educational Qualification and Experience (as on 28th February 2026)
| Post | Number of Posts | Essential Qualification | Experience Required |
|---|---|---|---|
| Manager (Grade B) – Generalist | 2 | Postgraduate degree/ diploma in any discipline, LLB/ BA+LLB (5-year), Chartered Accountant (CA), Company Secretary (CS), Certified Management Accountant (CMA/ ICWA), B.Tech/ B.E. | Minimum 2 years in the related financial sector fields and overall 7 years in officer/ executive cadre or equivalent. Experience in environmental/ social impact assessment and safeguards documents required. |
| Manager (Grade B) – Environment and Social Safeguard | 2 | Engineering/Postgraduate degree/diploma in Environmental Management, Environmental Sciences, Social Work, Sociology, Anthropology, Economics, Development Services. | Minimum 2 years in the related financial sector fields and overall 7 years in officer/ executive cadre or equivalent. Experience in environmental/ social impact assessment and safeguards documents required. |
Selection Process of IIFCL Manager Recruitment 2026
The IIFCL Manager Recruitment 2026 selection consists of two phases:
- Phase I: Online Examination (Objective Type).
- Phase II: Technical and Behavioural Interview.
Only candidates who qualify in the online examination will be called for the interview. The final selection is based on combined merit from both the exam and interview scores.
Exam Pattern
The online examination (Phase I) consists of two tests with a total of 150 questions for 200 marks. The total duration is 120 minutes.
| Test | Section | Question Type | Number of Questions | Maximum Marks | Duration (minutes) |
|---|---|---|---|---|---|
| Test I | Reasoning | Objective | 25 | 25 | 60 |
| Quantitative Aptitude | Objective | 25 | 25 | ||
| English Language | Objective | 25 | 25 | ||
| Current Affairs (Financial Sector) | Objective | 25 | 25 | ||
| Test II | Domain Knowledge (e.g., Project Finance, Corporate Banking, Risk Management, Accounting, Indian Economy) | Objective | 50 | 100 | 60 |
| Total | 150 | 200 | 120 | ||
Negative marking of 0.25 marks for each wrong answer applies. Minimum qualifying marks will be decided by IIFCL.
Documents Required
- Proof of Date of Birth
- Photo Identity Proof
- Proof of Permanent Address
- Mark Sheets and Certificates of Educational Qualifications
- Caste/ Category Certificate (if applicable)
- Disability Certificate (if applicable)
- Income and Asset Certificate for EWS category
- Service or Discharge Book and Pension Order for Ex-servicemen
- No Objection Certificate from current employer (if applicable)
- Experience Certificates
Steps to Apply
- Visit the official IIFCL website and click on “APPLY ONLINE” (Link Given Below).
- Register with your name, contact details, and email.
- Fill out the application form with the required details.
- Upload scanned copies of photograph, signature, left thumb impression, and hand-written declaration as per specifications.
- Pay the application fee online through the available payment modes.
- Submit the application form and take a printout of the submission and the fee receipt.
Application Fees
| Category | Fee (INR) | Remarks |
|---|---|---|
| SC/ ST/ PwBD | 100 | Intimation Charges |
| Others (UR/ EWS/ OBC) | 600 | Examination Fee and Intimation Charges |
Key Dates
| Events | Date |
|---|---|
| Opening of Online Registration Gateway / Payment of Fees | 18th March 2026 |
| Closing of Online Registration Gateway / Payment of Fees | 10th April 2026 |
| Cut-off Date for Eligibility (Age and Qualifications) | 28th February 2026 |
| Tentative Schedule for Online Examination | May/ June 2026 |
| Tentative Schedule for Interview | June/ July 2026 |
| Declaration of Final Result | July/ August 2026 |
Important Links
| Official IIFCL Website |
| Online Application Portal of IIFCL Manager Recruitment 2026 |
| Official Notification of IIFCL Manager Recruitment 2026 |
Frequently Asked Questions
What is the age limit for IIFCL Manager Recruitment 2026?
The maximum age limit is 40 years as on 28th February 2026 with applicable relaxations.
How can I apply for the IIFCL Manager Recruitment 2026?
Applications are accepted only online through the official IIFCL website.
What are the educational qualifications required for the Manager posts?
Qualifications vary by stream and include postgraduate degrees, professional certifications, or engineering degrees with relevant work experience.
Is there any negative marking in the online examination?
Yes, there is a negative marking of 0.25 marks for each wrong answer in the online exam.
What is the approximate salary for the Manager (Grade B) position?
The starting basic pay is Rs. 55,200/- with total benefits approximating Rs. 23.5 lakhs per annum.
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