📢 Overview
India Infrastructure Finance Company Limited (IIFCL), a prestigious Government of India enterprise, has officially announced recruitment for Grade A (Assistant Manager) and Grade B (Manager) positions on a regular basis. This is a premium PSU opportunity for candidates looking to build a strong career in the financial and infrastructure sector.
Established in 2006, IIFCL plays a crucial role in financing large-scale infrastructure projects across India. The organization funds projects in sectors such as transportation, energy, water supply, sanitation, and urban infrastructure.
With attractive salary packages, excellent perks, and exposure to high-impact national projects, this recruitment drive is one of the most important PSU opportunities of 2026.
📲 For verified private job openings, government job alerts, and career guidance:
Follow GrowInJob on Social Media
📅 Important Dates
- Application Start Date: 18 March 2026
- Last Date to Apply: 10 April 2026
- Cut-off Date for Eligibility: 28 February 2026
- Online Examination: May / June 2026 (Tentative)
- Interview: June / July 2026
- Final Result: July / August 2026
- Official website: www.iifcl.in
👉 Candidates are advised to apply early to avoid last-minute server issues.
📊 Vacancy Details
🔹 Grade A (Assistant Manager)
- Total Vacancies: 33 Posts
🔹 Grade B (Manager)
- Total Vacancies: 4 Posts
👉 Total Vacancies: 37 Posts
These vacancies are distributed across various streams and categories. Final posting may be in any department based on organizational requirements.
💰 Salary Insight
Grade A (Assistant Manager)
- Pay Scale: ₹44,500 – ₹89,150
- Approx CTC: ₹19 LPA
Grade B (Manager)
- Pay Scale: ₹55,200 – ₹99,750
- Approx CTC: ₹23.5 LPA
Additional Benefits & Perks
- Dearness Allowance (DA)
- House Rent Allowance (HRA – 15%)
- Medical reimbursement
- Leave Travel Concession (LTC)
- Mobile, newspaper & education allowances
- Low-interest loans (car, housing, etc.)
- Pension under NPS
👉 These benefits make IIFCL one of the highest-paying PSU organizations in India.
🎓 Eligibility Criteria
Nationality
- Must be an Indian citizen
Age Limit (As on 28 Feb 2026)
- Grade A: 21 to 30 years
- Grade B: Maximum 40 years
Age relaxation applies for SC/ST/OBC/PwBD/Ex-servicemen as per Government norms.
Educational Qualification
For Grade A (Assistant Manager)
Candidates must have:
- Postgraduate degree/diploma OR
- CA / CS / CMA OR
- LLB (3-year or 5-year) OR
- B.Tech / BE
👉 Minimum 2 years of experience in banking, financial institutions, PSUs, or reputed organizations required.
For Grade B (Manager)
Candidates must have:
- Similar qualifications as above
- Minimum 7 years total experience
- At least 2 years in relevant financial/infrastructure sector
👉 Preference given to candidates with experience in project finance and banking.
📝 Selection Process
The recruitment process is divided into two major phases:
🔹 Phase I: Online Examination (Objective)
Total Marks: 200
Duration: 120 minutes
Sections:
- Reasoning
- Quantitative Aptitude
- English Language
- Financial Sector Awareness
- Domain Knowledge
👉 Negative marking: 0.25 marks per wrong answer
🔹 Phase II: Interview
- Total Marks: 100
- Language: Hindi / English
🏁 Final Selection
- Weightage:
- Online Exam: 40%
- Interview: 60%
👉 Final merit list prepared based on combined score.
📍 Job Location
- Posting anywhere in India
- Transferable job across IIFCL offices
👉 Candidates must be willing to relocate.
💳 Application Fees
- SC/ST/PwBD: ₹100
- UR/OBC/EWS: ₹600
📌 Importance of Role
Working at IIFCL means contributing directly to India’s economic backbone. The organization finances mega infrastructure projects that shape the country’s future.
As an officer:
- You will work on high-value financial decisions
- Gain exposure to national-level projects
- Develop expertise in project finance and risk analysis
👉 This role is ideal for candidates aiming for leadership positions in the financial sector.
🎯 Who Should Apply?
This recruitment is ideal for:
- Banking & Finance professionals
- Chartered Accountants, MBAs, Engineers
- Candidates targeting high-paying PSU jobs
- Professionals with infrastructure or risk management experience
👉 Freshers are NOT eligible — experience is mandatory.
📚 Preparation Guide
To crack IIFCL exams, candidates should follow a structured approach:
1. Focus on Financial Awareness
- RBI policies
- Banking regulations
- Budget & Economic Survey
2. Strengthen Core Subjects
- Quantitative Aptitude
- Logical Reasoning
- English comprehension
3. Master Domain Knowledge
- Project Finance
- Corporate Banking
- Risk Management
- Accounting & Taxation
4. Practice Mock Tests
- Improve speed & accuracy
- Analyze weak areas
👉 Consistent preparation is key due to high competition.
🔗 Related Job Opportunities
Explore similar opportunities to increase your chances:
- https://growinjob.com/nbcc-recruitment-01-2026/
- https://growinjob.com/svnit-surat-legal-officer-recruitment-2026/
- https://growinjob.com/bel-assistant-manager-deputy-manager-legal-recruitment-2026/
- https://growinjob.com/bel-deputy-engineer-recruitment-2026/
- https://growinjob.com/job/mis-manager-lodha-mumbai/
- https://growinjob.com/job/manager-operation-strategy-lodha-mumbai/
❓ Frequently Asked Questions (FAQ)
Q1. What is the last date to apply?
👉 10 April 2026
Q2. How many total vacancies are available?
👉 37 posts
Q3. Is prior experience mandatory?
👉 Yes, both Grade A & B require experience
Q4. What is the selection process?
👉 Online exam + Interview
Q5. What is the salary range?
👉 ₹19 LPA to ₹23.5 LPA
🔑 Key Takeaway
IIFCL Recruitment 2026 offers a rare opportunity to join a top-tier PSU with excellent salary and growth prospects. Candidates with finance, banking, or infrastructure experience should prioritize this application.
⚠️ GrowInJob Disclaimer
GrowInJob.com does not charge any fee at any stage of the recruitment process. For queries, contact info@growinjob.com.
For full disclaimer, visit: https://growinjob.com/disclaimer/
