IIFCL Recruitment 2026: Apply Online for 37 Assistant Manager & Manager Posts

IIFCL Recruitment 2026 : The India Infrastructure Finance Company Limited (IIFCL), a wholly-owned Government of India enterprise, has published an official employment notification inviting applications for the recruitment of Officers in Grade A (Assistant Manager) and Grade B (Manager). Under Advertisement Numbers IIFCL/HCM/2026/03 and IIFCL/HCM/2026/04, the organization aims to fill a total of 37 vacancies on a regular basis. This presents a prestigious opportunity for dynamic and experienced professionals who wish to contribute to the nation’s infrastructure development and secure a highly rewarding career in the financial sector.

IIFCL Recruitment 2026 : Eligible and interested candidates can submit their applications exclusively through the online mode using the official IIFCL recruitment portal. The online application and fee payment window officially opened on the 18th of March 2026 and will remain active until the strict deadline of 10th April 2026. Candidates are strongly advised to carefully read the detailed official advertisements to ensure they meet the specific age limits, educational qualifications, and minimum post-qualification work experience criteria before completing the online registration. The selection will be based on a competitive Online Examination followed by a Personal Interview.

Key Highlights of IIFCL Recruitment 2026

Vacancy Details of IIFCL Recruitment 2026

The total 37 vacancies are divided between two grades and specific streams (Generalist and Environment & Social Safeguard):

Educational Qualification & Experience of IIFCL Recruitment 2026

• Assistant Manager (Grade A): Candidates must possess a Postgraduate degree/diploma in any discipline OR a Bachelor’s Degree in Law (LLB) / BA+LLB (5 year) OR be a Chartered Accountant (CA) / Company Secretary (CS) / Certified Management Accountant (CMA/ICWA) OR hold a B.Tech/B.E. degree.
• Experience: At least 2 years of post-qualification experience in the officer cadre in Banks/Financial Institutions/Central or State Govt/PSUs or organizations of repute. Manager (Grade B): Similar educational qualifications as above (depending on the stream).
• Experience: Minimum 2 years in related areas in the financial sector/Banks/PSUs/reputed corporates AND an overall experience of a minimum of 7 years in the officer/executive cadre. Note: For the Environment and Social Safeguard stream, the degree/PG must specifically be in Environmental Management, Environmental Sciences, Social Works, Sociology, Anthropology, Economics, or Development Services.

Age Limit for IIFCL Recruitment 2026

• Assistant Manager (Grade A): Minimum 21 Years and Maximum 30 Years.
• Manager (Grade B): Must not have attained the age of 40 Years (Maximum 40 Years).
• Age Relaxation: Standard age relaxations apply: 5 years for SC/ST, 3 years for OBC (Non-Creamy Layer), and 10 years for PwBD candidates as per Government of India guidelines.

Pay Scale & Benefits for IIFCL Recruitment 2026

Selected candidates will receive highly lucrative salary packages alongside various allowances (DA, HRA, Lease facility, Medical, etc.):

• Assistant Manager (Grade A): Starting basic pay of ₹ 44,500/- per month. (Approximate CTC: ₹ 19 Lakhs per annum).
• Manager (Grade B): Starting basic pay of ₹ 55,200/- per month. (Approximate CTC: ₹ 23.5 Lakhs per annum).

Application Fee

• General / OBC / EWS Candidates: ₹ 600/- (Examination Fee & Intimation Charges)
• SC / ST / PwBD Candidates: ₹ 100/- (Only Intimation Charges)
• Payment Mode: Online via Debit/Credit Cards, Internet Banking, IMPS, or Mobile Wallets before 10th April 2026.

Selection Process

The recruitment process will be conducted in two rigorous phases:

1. Phase I – Online Examination: An objective-type test comprising 150 questions for 200 marks. It includes Reasoning, Quantitative Aptitude, English Language, Current Affairs (Financial Sector), and Domain Knowledge. There is a negative marking of 1/4th of the assigned marks for incorrect answers.
2. Phase II – Personal Interview: Shortlisted candidates from Phase I will be called for a Technical and Behavioural Interview (100 Marks). The final merit list will be prepared with a weightage of 40:60 for the Online Exam and Interview, respectively.

Important Dates

Important Links

Key Takeaways

• A total of 37 high-level vacancies are available for experienced professionals in the financial and environmental sectors.
• The online application window closes strictly on 10th April 2026.
• Candidates must have the mandatory post-qualification experience (2 years for Grade A, 7 years overall for Grade B) calculated as of 28th February 2026.
• The written exam will have a substantial focus on Domain Knowledge (100 marks), carrying a penalty for wrong answers.
• Candidates currently employed in Government/PSU sectors must obtain a “No Objection Certificate” to present at the interview stage.

FAQs

Q1. Can freshers apply for the IIFCL Assistant Manager (Grade A) post?
Ans. No, freshers are not eligible. A minimum of 2 years of post-qualification experience in the officer cadre is mandatory for the Grade A post.

Q2. What is the last date to submit the IIFCL online application?
Ans. The last date to complete the online registration and pay the application fee is 10 April 2026.

Q3. Is there any negative marking in the IIFCL Online Examination?
Ans. Yes, there is a negative marking of 1/4th of the marks assigned to a question for every incorrect answer.

Q4. What is the upper age limit for the Manager (Grade B) position?
Ans. Candidates applying for the Manager (Grade B) position must not have attained the age of 40 years as of 28 February 2026.

Final Thoughts

The IIFCL recruitment is a phenomenal career advancement opportunity for banking and finance professionals looking to enter a premier Government of India enterprise. The lucrative CTC and career progression make this a highly competitive drive. Ensure that your experience certificates clearly state your designation, duration, and nature of duties, as document verification will be stringent. Since the written examination heavily emphasizes domain knowledge, start brushing up on Project Finance, RBI circulars, and the Indian Economy immediately.

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