Assistant Manager – IIFCL
Quick Info
- Vacancies
- Vacancies: 31
- Employment Type
- Employment Type: Full Time
- Pay Scale
- Pay Scale: ₹44,500 - ₹89,150 per month
- Qualification
- Qualification: Postgraduate degree / diploma in any discipline / Bachelor’s Degree in Law (LLB) / BA+LLB (5 year) / Chartered Accountant (CA) / Company Secretary (CS) / Certified Management Accountant (CMA/ ICWA) / B. Tech / B.E.
- Experience Required
- Experience Required: At least 02 year of post qualification experience in officer cadre in Banks / Financial Institutions / Central or State Government / PSUs or any other organization of repute.
- Age Limit
- Age Limit: Between 21 to 30 years
- Application Mode
- Application Mode: Online
- Deadline
- Deadline:
India Infrastructure Finance Company Limited (IIFCL), a Government of India enterprise, is recruiting dynamic and experienced professionals for Assistant Manager (Grade A) and Manager (Grade B) positions in 2026. This is a fantastic government job opportunity for eligible Indian citizens with relevant qualifications and experience to contribute to the nation's infrastructure development. Candidates can apply online for various streams, including Generalist and Environment & Social Safeguard, offering competitive salaries and comprehensive benefits.
- IIFCL invites online applications for Assistant Manager (Grade A) and Manager (Grade B) posts.
- Total 37 vacancies available across Generalist and Environment & Social Safeguard streams.
- Attractive pay scales with a starting basic pay of ₹44,500 for Grade A and ₹55,200 for Grade B.
- Eligibility requires specific postgraduate/bachelor's degrees or professional qualifications with relevant experience.
- The application process is entirely online, with a deadline of April 10, 2026.
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Additional Salary Information
Selected candidates for Grade A will draw a starting basic pay of Rs. 44500/- p.m. in the pay scale of Rs. 44500 - 2500 (4) - 54500 -2850 (7) - 74450 - EB -2850 (4) - 85850 - 3300 (1) - 89150 (17 Years). Selected candidates for Grade B will draw a starting basic pay of Rs. 55200/- p.m. in the pay scale of Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years). Both grades are eligible for Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance, Family allowance, Special Allowance, and other perquisites as per company rules. The approximate cost to company for an Assistant Manager (Grade A) is Rs. 19 lakhs approx. and for a Manager (Grade B) is Rs. 23.5 lakhs approx. Candidates with JAIIB/CAIIB/professional qualifications may receive additional increments.
Important Dates
Selection Process
Online Examination (Phase I - Objective Type)
Interview (Phase II - Technical and Behavioural)
Document Verification
Medical Examination
Application Fees
SC/ST/PwBD: ₹100/- (Intimation Charges)
Others (including UR/EWS/OBC): ₹600/- (Examination Fee and Intimation Charges)
Reservation
Reservations/Relaxations/Concessions are provided to SC/ST/OBCs (Non-Creamy Layer)/EWSs/Persons with Benchmark Disability (PwBD)/Ex-Servicemen candidates as per Government of India guidelines.
OBC candidates in the 'Creamy Layer' are not entitled to OBC reservation and should apply as 'General (GEN) / Unreserved (UR)'.
EWS vacancies are tentative and subject to Government of India directives; candidates must possess a valid 'Income and Asset Certificate' by the application closure date.
Reservation for PwBD is horizontal and within the overall vacancies for the Post, requiring a latest disability certificate.
How to Apply
- Visit the official IIFCL website (www.iifcl.in) and click on the 'APPLY ONLINE' link.
- Register for new application by providing Name, Contact details, and Email-id to generate a Provisional Registration Number and Password.
- Log in using the generated credentials and fill in the online application form with all required details.
- Upload scanned copies of your photograph, signature, left thumb impression, and a hand-written declaration as per the specified dimensions and file sizes.
- Preview the application form to verify all details before clicking 'COMPLETE REGISTRATION'.
- Proceed to the 'Payment' tab and pay the application fee online using Debit Cards, Credit Cards, Internet Banking, etc.
- After successful payment, take a printout of the e-Receipt and the completed online Application Form for future reference.
Frequently Asked Questions
The selection process involves an Online Examination (Phase I) followed by an Interview (Phase II). The online examination will be objective type, covering Reasoning, Quantitative Aptitude, English Language, Current Affairs related to Financial Sector, and Domain Knowledge. Candidates shortlisted from Phase I will proceed to the Technical and Behavioural Interview.
Yes, age relaxations are provided as per Government of India guidelines. SC/ST candidates receive a 5-year relaxation, OBC (Non-Creamy Layer) candidates get 3 years, PwBD candidates receive 10-15 years depending on category, and Ex-Servicemen get 5 years. Children/family members of those who died in the 1984 riots also receive a 5-year relaxation.
Candidates must be Indian citizens. For Assistant Manager (Grade A), the age limit is 21-30 years, and for Manager (Grade B), the maximum age is 40 years, both as of February 28, 2026. Educational qualifications vary by stream but generally require a Postgraduate degree/diploma, Bachelor's in Law/Engineering, or professional qualifications like CA/CS/CMA, along with a minimum of 2 years of post-qualification experience in officer cadre.
