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IIFCL Recruitment 2026 - 37 Manager, Assistant Manager Posts

Post Date Info Last Date
26-03-2026 37 Manager, Assistant Manager 10-04-2026

IIFCL Assistant Manager Recruitment 2026 - Complete Details

India Infrastructure Finance Company Limited (IIFCL) is inviting applications for permanent positions of Assistant Manager (Grade A) (33 vacancies) and Manager (Grade B) (04 vacancies), with the last date to apply being 10-04-2026. Candidates are advised to carefully check eligibility compliance before applying to ensure they meet all prescribed criteria.

The roles involve handling infrastructure financing functions such as project appraisal, financial analysis, and supporting large-scale infrastructure projects, along with managerial responsibilities including oversight of operations and strategic decision-making.

India Infrastructure Finance Company Limited (IIFCL), founded in 2006, is a wholly owned Government of India enterprise that offers long-term financial support to commercially viable infrastructure projects, including sectors like roads, power, and airports. Operating as an RBI-registered NBFC-ND-IFC, the company promotes infrastructure growth through mechanisms such as direct lending, takeout financing, and credit enhancement.

Vacancies & Eligibility Criteria:

Post Name Vacancies Age Limit as on 28-02-2026 Qualification Emoluments
Manager (Grade B) Total: 04
  • General: 02
  • Environment: 01
  • Social Safeguard: 01
  • (UR: 02, ST: 01, OBC: 01)
Under 40 Years

General (2 Posts): Post Graduate Degree / Diploma in any Trade / LLB / BA+LLB (5years) / BTECH in any Trade /Chartered Accountant / Company Secretary / CMA

Environment and Social Safety (2 Posts): Engineering / Postgraduate Degree / Diploma in Environmental Management, Environmental Science, M.Sc., or Postgraduate Degree in Social Work / Sociology / Anthropology / Economics / Development Studies

Experience: Min. 7 years (including 2 years in Officer cadre).

Pay Scale: ₹55200-99750.

CTC: ₹23.5 Lakhs approx. per annum.

Assistant Manager (Grade A) Total: 33
  • General: 31
  • Environment: 01
  • Social Safeguard: 01
  • (UR: 11, SC: 08, ST: 02, OBC: 06, EWS: 06)
21-30 Years

General (31 Posts): Post Graduate Degree / Diploma in any Trade / LLB / BA+LLB (5years) / BTECH in any Trade /Chartered Accountant / Company Secretary / CMA

Environment and Social Safety (2 Posts) : Engineering / Postgraduate Degree / Diploma in Environmental Management, Environmental Science, M.Sc., or Postgraduate Degree in Social Work / Sociology / Anthropology / Economics / Development Studies

Experience: Min. 2 year post-qualification experience.

Pay Scale: ₹44500-89150.

CTC: ₹19 Lakhs approx. per annum.

  • Upper Age Limit Relaxation
    • SC/ST: 5 Years.
    • OBC (NCL): 3 Years.
    • PwBD: 10 to 15 Years (As per category).
  • Other Eligibility Conditions
    • Candidates from all states may apply.
    • Candidates can apply for both posts if they meet experience criteria, but separate applications and fees are required.
    • These are Permanent posts with Probation Period of 2 years, which can be extended up to 4 years based on performance.

Dates to Consider:

  • Last Date for Online Application: 10-04-2026
  • Online Examination (Tentative): May/June 2026
  • Interview (Tentative): June/July 2026
  • Final Result (Tentative): July/August 2026
  • Cut-off Date for Age & Eligibility: 28-02-2026

Mode of Recruitment :

Selection process will consist of an Online Examination (Stage I), followed by Interview (Stage II).

Stage I - Online Examination (Objective Type)

The online exam will have 2 parts, carrying 200 marks. Questions in Part 1 will carry 1 mark each, while questions in Part 2 will carry 2 marks each. There will be negative marking of 1/4th marks for each wrong answer (0.25 marks for Part 1 questions and 0.5 marks for Part 2 questions). Total duration of the test will be 120 minutes, with separate timing allocated for each part.

Part Section Type No. of Questions Maximum Marks Time
I Quantitative Aptitude Objective 25 25 60 Minutes
Reasoning Ability Objective 25 25
English Language Objective 25 25
Financial Awareness Objective 25 25
Total (Exam I) 100 100
II Professional Knowledge (Domain-specific subjects including Project Finance, Corporate Banking, Treasury, Risk Management, Corporate Governance, Accounting, Indian Economy, Financial System, Infrastructure Institutions, Latest Updates, etc.) Objective 50 100 60 Minutes
Total (Exam I + Exam II) 150 200 120 Minutes

Online examination will be conducted at several centres in mentioned cities - Ahmedabad/Gandhinagar, Bengaluru, Bhopal, Bhubaneswar, Chandigarh/Mohali, Chennai, Dehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata/Greater Kolkata, Lucknow, Mumbai/Navi Mumbai/Thane/Greater Mumbai/MMR Region, Nagpur, New Delhi-NCR, Patna, Raipur, Ranchi, Thiruvananthapuram, Visakhapatnam.

Stage II - Interview

Candidates will be shortlisted for the interview based on their marks obtained in the online exam. Number of candidates to be called for interview will be decided later by IIFCL. Interview will carry 100 marks and may be conducted in Hindi or English.

Final selection will be based on combined marks obtained in the online exam and interview, with a weightage of 40:60 respectively. Candidates must qualify both stages separately.

Fee Structure :

Applicable application fee is to be paid online. Fee structure is -

  • SC / ST / PwBD – ₹100 (Intimation Charges)
  • Others (General / OBC / EWS) – ₹600 (Examination Fee + Intimation Charges)

How to Apply :

To apply for concerned posts in IIFCL, the detailed application process has been listed below.

Online Application Process

  • In the provided online application facility, select "Click here for New Registration" and enter Name, Contact Details, and Email ID.
  • A Provisional Registration Number and Password will be generated. It is advisable to note these carefully, as they will also be sent via SMS/Email.
  • The "Save and Next" option may be used to proceed step-by-step and prevent any data loss.
  • Upload Photograph, Signature, Left Thumb Impression, and Hand-written Declaration as per the prescribed format.
    • Photograph: A recent color passport-size photo (4.5 cm x 3.5 cm). Dimensions should be 200 x 230 pixels and file size between 20 KB to 50 KB. Background should be light or white. A live photo capture will also be required during the application process.
    • Signature: Signature should be done on white paper using black ink. Dimensions should be 140 x 60 pixels and file size between 10 KB to 20 KB. Avoid using capital letters.
    • Left Thumb Impression: Use black or blue ink on white paper. Dimensions should be 240 x 240 pixels (3 cm x 3 cm) and file size between 20 KB to 50 KB. File must be in JPG/JPEG format.
    • Hand-written Declaration: The declaration must be written in English on white paper using black ink. Dimensions should be 800 x 400 pixels (10 cm x 5 cm) and file size between 50 KB to 100 KB. Do not write in capital letters Declaration Text:
      • "I, _______ (Candidate Name), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required."
  • Before clicking on "Complete Registration", it is recommended to check all details using the "Preview" tab, as no modifications will be allowed afterward.
  • After verification, proceed to the "Payment" tab and pay the application fee as per the applicable category.
  • Once payment is successful, an E-receipt will be generated. It is advisable to keep a copy for future reference.
  • Finally, click on the "Submit" button to complete the application process. No changes will be allowed thereafter.
  • There is no requirement to send a hard copy of the application form or documents to India Infrastructure Finance Company Limited.
  • It is advisable to keep a printout of the application form and fee receipt for future use during document verification.
  • In case of any issue while filling the application form, making payment of application/processing fee, or downloading the admit card, queries can be raised through the link https://cgrs.ibps.in

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Frequently Asked Questions (FAQs) - IIFCL Assistant Manager Recruitment 2026

Q.
How many vacancies are announced under IIFCL Assistant Manager Recruitment 2026?
A.
A total of 37 vacancies are announced, including 33 for Assistant Manager (Grade A) and 4 for Manager (Grade B).
Q.
What is the last date to apply for IIFCL Assistant Manager Recruitment 2026?
A.
The last date to submit the online application form is 10-04-2026.
Q.
What is the selection process for IIFCL Assistant Manager Recruitment 2026?
A.
The selection process consists of two stages: Online Examination (Stage I) followed by Interview (Stage II). In online exam, there will be negative marking of 1/4th marks allotted for a question.
Q.
What is the salary under IIFCL Assistant Manager Recruitment 2026?
A.
Assistant Manager (Grade A) has an approximate CTC of ₹19 lakh per annum, while Manager (Grade B) has around ₹23.5 lakh per annum.
Q.
Is experience required for IIFCL Assistant Manager Recruitment 2026?
A.
Yes, Assistant Manager requires minimum 2 years of experience, while Manager requires minimum 7 years of experience.
Q.
What is the application fee for IIFCL Assistant Manager Recruitment 2026?
A.
SC/ST/PwBD candidates need to pay ₹100, while General/OBC/EWS candidates need to pay ₹600.