- Vacancies & Dates: A total of 33 vacancies have been announced for the post of Assistant Manager (Grade A). The online application process opens on March 18, 2026, and the last date to apply is April 10, 2026.
- Selection Process: Candidates must be between 21 to 30 years of age (as of February 28, 2026) and possess a Postgraduate degree/diploma or professional qualification like CA/CS/ICWA/B.Tech/B.E. along with at least 2 years of experience. The process includes an Online Examination (Phase I) and a Technical & Behavioural Interview (Phase II).
- Salary and Growth: Selected candidates will start with a basic pay of Rs. 44,500/- p.m. in a scale reaching up to Rs. 89,150/-. The approximate total Cost to Company (CTC) is Rs. 19 lakhs per annum, including various allowances and perquisites.
IIFCL Grade A Recruitment 2026
India Infrastructure Finance Company Limited (IIFCL) has released a recruitment notification on March 18, 2026, on its official website www.iifcl.in for a total of 33 posts of Assistant Manager (Grade A). This direct recruitment is for regular positions to support IIFCL’s mandate of financing viable infrastructure projects across India.
Exam Highlights
| Organisation | India Infrastructure Finance Company Limited (IIFCL) +1 |
| Post Name | Assistant Manager (Grade A) |
| Exam Name | IIFCL Grade A Recruitment 2026 |
| Vacancy | 33 for Grade A and 04 for Grade B |
| Exam Dates | Tentative: May/June 2026 |
| Participating Banks | N/A (IIFCL is a standalone Govt. Enterprise) |
| Exam Mode | Online |
| Recruitment Process | Phase I: Online Exam; Phase II: Interview |
| Salary | Basic Pay Rs. 44,500/- (Approx. CTC Rs. 19 Lakhs) |
| Official Website | www.iifcl.in |
IIFCL Grade A Exam Dates
The recruitment schedule is tentative, and IIFCL reserves the right to modify these dates based on requirements. Candidates are advised to visit the official website regularly for updates.
| Events | Important Date |
| Opening of Online Registration/Fee Payment | March 18, 2026 |
| Closing of Online Registration/Fee Payment | April 10, 2026 |
| Cut-off date for Age & Qualification | February 28, 2026 |
| Online Examination (Phase I) | May/June 2026 (Tentative) |
| Interview (Phase II) | June/July 2026 (Tentative) |
| Declaration of Final Result | July/August 2026 (Tentative) |
IIFCL Grade A Vacancy 2026
IIFCL has invited applications for 33 vacancies in the Assistant Manager (Grade A) cadre, distributed across various reserved and unreserved categories.
IIFCL Grade A Vacancy 2026
| Category | Vacancies |
|---|---|
| Unreserved (UR) | 11 |
| Scheduled Castes (SC) | 08 |
| Scheduled Tribes (ST) | 02 |
| Other Backward Classes (OBC) | 06 |
| Economically Weaker Sections (EWS) | 06 |
| Total Vacancies | 33 |
Category-wise Distribution:
- Unreserved (UR): 11
- OBC (Non-Creamy Layer): 06
- SC: 08 | ST: 02 | EWS: 06
- PwBD: 05 (Horizontal Reservation)
Note on PwBD Reservations: Out of the total 33 vacancies, 5 posts are reserved for Persons with Benchmark Disabilities (PwBD) across various sub-categories (A, B, C, and D) as a horizontal reservation.
Stream-wise Distribution
The total vacancies are also divided into the following professional streams:
- Generalist: 31 Posts
- Environment and Social Safeguard: 02 Posts
IIFCL Grade B Vacancy 2026
| Post/Stream | UR | SC | ST | OBC | EWS | Total | PwBD (A) | PwBD (B) | PwBD (C) | PwBD (D) |
|---|---|---|---|---|---|---|---|---|---|---|
| Manager (Grade B) | 02 | – | 01 | – | 01 | 04 | – | – | – | – |
IIFCL Grade A & B Eligibility Criteria
Preparing for IIFCL Grade A & B requires clarity on eligibility before diving into preparation. Aspirants must understand the academic qualifications, professional experience, and age limits that define who can apply. Since IIFCL is a key financial institution, its eligibility rules are slightly stricter than other regulatory exams. Knowing these details early helps candidates avoid last‑minute surprises and ensures they align their preparation with the official requirements.
Educational Qualification (As of 28.02.2026):
- Generalist: Postgraduate degree/diploma (2 years) in any discipline, OR Bachelor’s Degree in Law (LLB), OR Professional qualifications like CA/CS/ICWA, OR B.Tech/B.E. degree.
- Experience: Minimum 2 years of post-qualification experience in officer cadre in Banks/FIs/Govt/PSUs or reputed organisations.
Age Limit (As of 28.02.2026):
- Minimum Age: 21 years
- Maximum Age: 30 years
- Relaxations: SC/ST (5 years), OBC (3 years), PwBD (10-15 years), and Ex-Servicemen (5 years).
IIFCL Grade A & B Application Fees
| Category | Fee |
| General, OBC & EWS | Rs. 600/- |
| SC, ST & PwBD | Rs. 100/- |
How to Apply For IIFCL 2026?
- Go to www.iifcl.in and click on the Recruitment section.
- Register using your email and mobile number.
- Fill out the application form carefully and upload your photo and signature.
- Pay the fee and download the confirmation page.
IIFCL Grade A & B Pattern & Syllabus
The examination consists of two tests held in a single session for a total of 120 minutes.
| Test | Section | Questions | Marks | Time |
| Test I | Reasoning, Quant, English, Current Affairs (Financial) | 100 | 100 | 60 Mins |
| Test II | Domain Knowledge (Project Finance, Banking, Risk, etc.) | 50 | 100 | 60 Mins |
| Total | 150 | 200 | 120 Mins |
Negative Marking: 1/4th mark will be deducted for each wrong answer.- Interview: Shortlisted candidates will face an interview for 100 marks. The final merit weightage for Exam and Interview is 40:60.
IIFCL Grade A Salary
Selected Assistant Managers will receive a basic pay of Rs. 44,500/-. Including allowances like DA, HRA (15%), and various perquisites (Medical, Meal Card, Gratuity, etc.), the total CTC is approximately Rs. 19 Lakhs per annum.
IIFCL Grade A Admit Card & Result
- Admit Card: Will be issued tentatively in May/June 2026 on the official website.
- Result: Final results will be released in July/August 2026 after the completion of interviews.
Preparation Tips
- Focus on Domain Knowledge: Test II carries 100 marks for 50 questions; focus on Project Finance and RBI/SEBI circulars.
- Practice Speed: You have 60 minutes for 100 questions in Test I.
- Stay Updated: Read annual reports of RBI, SEBI, and IIFCL for the Current Affairs and Domain sections.
- Sign Up on Practicemock for Updated Current Affairs, Topic Tests and Mini Mocks
- Sign Up Here to Download Free Study Material
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