IIFCL Announces Assistant Manager and Manager Recruitment 2026; Direct Apply Link Here
IIFCL recruitment drive aims to strengthen the organisationโs workforce in sectors like infrastructure financing, focusing on long-term lending in critical sectors.
The Indian Infrastructure Finance Company Limited has announced recruitment for Grade A Assistant Manager and Grade B Manager positions. The total vacancies combined are 37, and both vacancies are on a full-time regular basis. The notification was released on 18th March on the official website, along with an advertisement on various public media platforms. The online registration for the recruitment commences from today (18 March) itself. The application window closes on 10, April, 2026. Candidates are advised to fill out the application form at the earliest, completing the full fee payment.ย
IIFCL Recruitment 2026: Direct Apply Link
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IIFCL Recruitment 2026: Steps to Apply

- Open the official IIFCL website: www.iifcl.in
- Go to the Careers/recruitment section
- Go to โNew Registrationโ and complete the initial registration
- Log in with your registration number and newly created password
- Fill in the required fields, like personal and educational details.
- Upload required documents like your recent passport-size photograph and signature in the required pixel sizes.
- Pay the application fee and complete the registration.
Please note that IIFCL has specified that no other mode of application except the online mode is acceptable.
IIFCL Notification Recruitment Details
IIFCL recruitment drive aims to strengthen the organisationโs workforce in sectors like infrastructure financing, focusing on long-term lending in critical sectors. The critical sectors include: roads, ports, energy, railways and urban infrastructure.
IIFCL Vacancy Breakdownย
The total vacancies released by IIFCL are 37, of which there
- Grade A Assistant Manager: 33 Posts
- Grade B Manager: 4 Posts
These positions are open for eligible Indian citizens. This vacancy reflects IIFCLโs effort to strengthen its depleted workforce and bring in skilled professionals in finance, risk management, project appraisals, and related domains.
| Particulars | Details |
| Organization | India Infrastructure Finance Company Limited (IIFCL) |
| Post Names | Assistant Manager (Grade A), Manager (Grade B) |
| Total Vacancies | 37 |
| Assistant Manager (Grade A) | 33 |
| Manager (Grade B) | 4 |
| Application Mode | Online only |
| Notification Release | March 18, 2026 |
| Online Application Start | March 18, 2026 |
| Last Date to Apply | April 10, 2026 |
| Official Website | www.iifcl.in |
| Selection Stages | Preliminary Screening, Written Test, Behavioural Test, Interview |
IIFCL Recruitment Full Selection Process
The IIFC recruitment is a multistage selection process that includes 4 rounds, which are described below:
- Written Exam: An online CBT (Computer-Based Test) will be conducted. The test will have sections: English Language, Quantitative Aptitude, Reasoning, Current Affairs and Domain Specific Knowledge (eg, project finance, infrastructure sectors, risk management).
- Behavioural Test: Evaluation of personality traits, decision-making, communication, and suitability for PSU roles.
- Interview: Final round where you will face an interview panel, where you will be evaluated on your personality, general awareness and domain awareness as well.
IIFCL Recruitment Eligibility
While the full official eligibility criteria are not out yet. However, based on similar PSU recruitment earlier, the following will be the IIFCL recruitment eligibility.
- The upper age limit for the Grade A Assistant Manager posts will be 28 years, and the Grade B Manager will be 40 years.
- In the Grade A positions, educational qualifications like CA/ICWA, MBA/PGDM in Economics/Finance will be considered for some positions, along with Graduates in any stream with 60% and above marks.
- For Grade B Manager positions with graduate level educational qualification, there is 3-5 years of professional experience in related domains and in financial institutions like banks, NBFCs, etc.
Age relaxation for reserved categories (SC/ST/OBC/EWS/PwBD) as per Government norms.
IIFCL Recruitment Exam Date
Although the exam date hasn’t been confirmed officially. With the registrations closing on 18, April, we can expect the written exam date to happen in June, 2026.
IIFCL Salary Structure & Pay Scale (Grade A & Grade B)
The salary offered by IIFCL will be at par with Assistant Manager and Manager jobs in PSUs. The salary is highly competitive with an attractive pay scale, perks and multiple allowances. Below is the salary breakdown of the Grade A Assistant Manager and the Grade B Manager posts:
| Component | Assistant Manager (Grade A) | Manager (Grade B) |
| Starting Basic Pay | โน44,500/month | โน55,200/month |
| Pay Scale | โน44,500 โ 2,500 (4) โ 54,500 โ 2,850 (7) โ 74,450 โ EB โ 2,850 (4) โ 85,850 โ 3,300 (1) โ 89,150 | โน55,200 โ 2,850 (9) โ 80,850 โ EB โ 2,850 (2) โ 86,550 โ 3,300 (4) โ 99,750 |
| Gross Monthly Salary (Approx.) | โน75,000 โ โน80,000 | โน1,10,000+ (approx.) |
| Annual CTC (Approx.) | โน18 โ 19 Lakhs | โน23 โ 24 Lakhs |
| House Rent Allowance (HRA) | 15% of Basic (if accommodation not provided) | 15% of Basic |
| Pension Scheme | NPS (New Pension Scheme) | NPS (New Pension Scheme) |
| Other Benefits | Medical, Leave Travel, Loans, Education Allowance | Same as Grade A |
IIFCL Recruitment 2026 Syllabusย
The IIFCL Recruitment 2026 written examination is expected to assess candidates across multiple areas, including aptitude, language skills, awareness, and domain-specific knowledge. While the official syllabus is yet to be released, candidates can refer to the expected syllabus based on previous PSU and financial institution recruitment exams.
1. Quantitative Aptitude
This section evaluates numerical ability, problem-solving skills, and data interpretation.
Important Topics:
- Simplification and Approximation
- Number Series (Missing/Wrong)
- Data Interpretation (Tables, Pie Charts, Line Graphs, Caselets)
- Percentage, Profit and Loss
- Ratio and Proportion
- Time, Speed and Distance
- Time and Work
- Simple & Compound Interest
- Average, Mixtures & Allegations
- Permutation & Combination, Probability
- Quadratic Equations
2. Reasoning Ability
This section tests logical thinking, analytical ability, and decision-making skills.
Important Topics:
- Puzzles (Seating Arrangement, Floor-Based, Box-Based)
- Coding-Decoding
- Inequality
- Syllogism
- Blood Relations
- Direction Sense
- Order and Ranking
- Input-Output
- Alphanumeric Series
- Data Sufficiency
- Logical Reasoning (Cause-Effect, Statement-Conclusion, Assumptions)
3. English Language
This section evaluates grammar, vocabulary, and comprehension skills.
Important Topics:
- Reading Comprehension
- Cloze Test
- Error Detection
- Sentence Improvement
- Para Jumbles
- Fill in the Blanks
- Vocabulary (Synonyms, Antonyms)
- Sentence Rearrangement
- Idioms and Phrases
4. General Awareness / Current Affairs
This section focuses on awareness of national and international events, especially related to finance and economy.
Important Topics:
- Current Affairs (Last 6 months)
- Banking and Financial Awareness
- Indian Economy
- Budget and Economic Survey
- Government Schemes and Policies
- RBI Guidelines and Monetary Policy
- Static GK (Important Days, Capitals, Organizations)
- Infrastructure and Development Projects
5. Professional Knowledge (Domain-Specific)
This is the most crucial section, especially for candidates applying for finance-related roles.
Important Topics:
- Financial Management
- Project Finance and Infrastructure Financing
- Risk Management
- Banking Concepts and Financial Institutions
- Corporate Finance
- Accounting Principles
- Capital Markets (Equity, Debt, Derivatives)
- Public-Private Partnerships (PPP Models)
- Economic Analysis
- Basel Norms
- Credit Appraisal and Financial Statements Analysis
IIFCL vs Other PSU Finance Jobs
The IIFCL vacancies can be compared with other top PSU finance vacancies, like with RBI Grade B, NABARD Grade A, and SIDBI Grade A. Hereโs a detailed comparison to help you understand where IIFCL stands:
| Particulars | IIFCL (Grade A/B) | RBI Grade B | NABARD Grade A/SIDBI Grade A |
| Organization Type | PSU (Infrastructure Financing NBFC) | Central Bank of India | Development Bank (Agriculture & Rural) |
| Starting Basic Pay | โน44,500 (Grade A) | โน55,200 | โน44,500 |
| Gross Salary (Approx.) | โน75Kโโน1L+ | โน1Lโโน1.2L | โน80Kโโน90K |
| Annual CTC (Approx.) | โน18โ24 LPA | โน25โ30 LPA | โน20โ22 LPA |
| Work Profile | Infrastructure Financing, Project Appraisal, Risk Analysis | Monetary Policy, Banking Regulation, Economic Research | Rural Development, Agriculture Finance / MSME Financing, Credit Support |
| Job Location | Mostly Metro Cities | Mostly Mumbai | Across India (including rural postings for NABARD) / Mostly Urban (for SIDBI) |
| Work-Life Balance | Moderate | Good | Moderate |
| Exam Difficulty | Moderate | High (Very Competitive) | ModerateโHigh |
| Selection Process | CBT + Behavioural Test + Interview | Prelims + Mains + Interview | Prelims + Mains + Interview |
| Career Growth | Stable PSU Growth | Fastest Growth, Top Authority | Stable Growth |
| Posting Nature | Office-based (Finance Projects) | Policy + Office | Field + Office Mix / Office-based (for SIDBI) |
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