The India Infrastructure Finance Company Limited has released an official notification for the recruitment of Assistant Manager (Grade A) and Manager (Grade B) posts. This is a golden opportunity for candidates looking to secure a prestigious position in a Government of India enterprise working in the infrastructure finance sector.
IIFCL plays a crucial role in funding major infrastructure projects across India, making it an ideal workplace for professionals seeking growth, stability, and exposure.
📌 IIFCL Recruitment 2026 Overview
- Organization Name: India Infrastructure Finance Company Limited (IIFCL)
- Post Name: Assistant Manager (Grade A) & Manager (Grade B)
- Total Vacancies: 37 Posts
- Application Mode: Online
- Job Location: Across India
- Category: Central Government Jobs
📅 Important Dates
Candidates must keep track of the following important dates to avoid missing the opportunity:
- Online Application Start Date: 18 March 2026
- Last Date to Apply Online: 10 April 2026
- Tentative Exam Date: May/June 2026
- Interview Schedule: June/July 2026
It is recommended to apply well before the last date to avoid last-minute technical issues.
📊 Vacancy Details
🔹 Assistant Manager (Grade A)
- Total Posts: 33
- Streams:
- Generalist
- Environment & Social Safeguard
🔹 Manager (Grade B)
- Total Posts: 04
- Streams:
- Generalist
- Environment & Social Safeguard
The final number of vacancies may vary depending on organizational requirements.
💰 Salary and Benefits
One of the biggest attractions of this recruitment is the excellent salary structure along with multiple perks.
💼 Assistant Manager (Grade A)
- Starting Basic Pay: ₹44,500 per month
- Approximate Annual CTC: ₹19 Lakhs
💼 Manager (Grade B)
- Starting Basic Pay: ₹55,200 per month
- Approximate Annual CTC: ₹23.5 Lakhs
🎁 Additional Perks
Employees are entitled to several benefits such as:
- House Rent Allowance or leased accommodation
- Medical reimbursement
- Leave travel concession
- Children education allowance
- Loans at concessional rates (car, housing, etc.)
- Pension benefits under NPS
These benefits make IIFCL one of the most attractive PSU employers in India.
🎓 Eligibility Criteria
📍 Age Limit (as on 28 February 2026)
- Grade A: 21 to 30 years
- Grade B: Maximum 40 years
Age relaxation is applicable for reserved categories as per government norms.
📍 Educational Qualification
For Assistant Manager (Grade A)
Candidates must have any of the following:
- Postgraduate degree in any discipline
- B.Tech / BE
- LLB
- CA / CS / CMA
Along with a minimum of 2 years of post-qualification experience in relevant fields such as banking, financial institutions, or PSUs.
For Manager (Grade B)
- Similar educational qualifications as Grade A
- Minimum 7 years of experience, including at least 2 years in relevant sectors like finance, banking, or infrastructure
Candidates should also possess strong analytical, communication, and computer skills.
📝 Selection Process
The selection process consists of two stages:
Phase 1: Online Examination
- Objective type test
- Total Marks: 200
- Duration: 120 minutes
Subjects include:
- Reasoning Ability
- Quantitative Aptitude
- English Language
- Financial Awareness
- Domain Knowledge
There will be negative marking for incorrect answers.
Phase 2: Interview
Candidates shortlisted from the written exam will be called for an interview. The interview assesses both technical knowledge and behavioral skills.
📊 Final Selection
- Written Exam Weightage: 40%
- Interview Weightage: 60%
Final selection will be based on overall merit.
🌍 Job Location and Posting
Selected candidates may be posted anywhere in India. IIFCL has offices and operational presence across multiple cities, and candidates should be ready for transfers as per organizational needs.
🔗 Important Links
- 👉 Official Notification Manager Grade: Click Here
- 👉 Official Notification Assistatnt Manager Grade: Click Here
- 👉 Apply Online: Click Here
- 👉 Helpdesk for Queries: https://cgrs.ibps.in
⚠️ Important Instructions
- Applications must be submitted online only
- Candidates should ensure they meet all eligibility criteria before applying
- Keep all documents ready for verification during the interview
- Only one application per candidate is allowed
📢 Why You Should Apply for IIFCL Jobs?
- High-paying PSU job with excellent perks
- Opportunity to work on national-level infrastructure projects
- Strong career growth and learning opportunities
- Job security and government benefits
🏁 Final Words
The IIFCL Recruitment 2026 offers a promising career path for professionals in finance, engineering, and management fields. With a competitive salary package and exposure to large-scale infrastructure financing, this is an opportunity you should not miss.
Interested candidates should apply as soon as possible and start preparing strategically for the selection process.