In this article, you will find the detailed Phase I (Online Examination) and Phase II (Interview) syllabus and exam pattern for IIFCL Grade A and Grade B. Candidates can also download the complete syllabus and exam pattern PDF to streamline their preparation for these prestigious officer roles.
| Organization | India Infrastructure Finance Company Limited (IIFCL) |
| Exam Name | IIFCL Recruitment 2026 |
| Post | Assistant Manager (Grade A) and Manager (Grade B) |
| Test I Sections | Reasoning, Quantitative Aptitude, English, and Current Affairs |
| Test II Sections | Professional/Domain Knowledge (Finance, Banking, ESG, etc.) |
| Negative Marking | 0.25 (1/4th) for each incorrect answer |
| Online Examination | May/June 2026 (Tentative) |
| Interview Process | June/July 2026 (Tentative) |
IIFCL Grade A & B Exam Pattern
The selection process for IIFCL Grade A and Grade B consists of an online examination followed by a behavioral and technical interview. The online test evaluates candidates on both general aptitude and domain-specific professional knowledge.
IIFCL Online Examination Pattern
The online examination consists of two tests conducted in a single session. Candidates must qualify in both tests to be eligible for the interview round.
| Test | Subject | No. of Questions | Max Marks | Duration |
| Test I | Reasoning, Quantitative Aptitude, English Language & General Awareness (Financial) | 100 | 100 | 60 Minutes |
| Test II | Professional Knowledge / Domain Knowledge | 50 | 100 | 60 Minutes |
| Total | 150 | 200 | 120 Minutes |
IIFCL Grade A & B Syllabus 2026
The syllabus is bifurcated into General Aptitude (Test I) and Domain-Specific Knowledge (Test II). While Test I is common for all, Test II varies based on the stream (Generalist or Environment) you apply for.
IIFCL Phase I: General Aptitude Syllabus
This section tests the candidate’s basic mental ability and awareness of the financial sector.
- English Language: Reading Comprehension, Error Detection, Cloze Test, Para Jumbles, Fill in the blanks, and Vocabulary.
- Reasoning: Syllogism, Blood Relations, Puzzles, Seating Arrangement (Circular/Linear), Direction Sense, and Coding-Decoding.
- Quantitative Aptitude: Data Interpretation (Tabular/Pie Chart), Number Series, Quadratic Equations, Arithmetic Word Problems (Profit & Loss, SI/CI, Time & Work).
- Current Affairs (Financial): Recent RBI/SEBI circulars, Union Budget, Economic Survey, Banking Awareness, and Infrastructure Sector News.
IIFCL Phase II: Professional Knowledge Syllabus
Test II focuses on the core competencies required for the role of an officer in an infrastructure lending institution.
| Subject | Detailed Syllabus Topics |
| Generalist Stream | Project Finance, Risk Management, Credit Appraisal, Corporate Governance, Financial Statement Analysis, Derivatives, and Fixed Income Securities. |
| Environment Stream | Environmental Impact Assessment (EIA), Social Safeguard Policies, Sustainability reporting, Environmental Laws in India, and International ESG standards. |
(Read: [Subject-wise detailed syllabus for IIFCL Project Finance & Banking] for more in-depth topics)
IIFCL Grade A & B Syllabus PDF
Candidates are advised to save the official syllabus PDF for reference during their preparation. Having a hard copy helps in tracking covered topics and managing time effectively.
FAQs
Yes, there is a penalty of 0.25 (1/4th) marks for every wrong answer in the online examination.
The final merit list is prepared with a weightage of 40% for the Online Examination and 60% for the Interview.
The broad sections (Test I and Test II) remain the same; however, the level of difficulty and depth of professional experience questions in the interview is higher for Grade B.
Yes, Test I and Test II have a fixed duration of 60 minutes each.
Candidates must score at least 50% (45% for SC/ST/OBC/PwBD) in the interview to be considered for final selection.
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