IIFCL Grade A & B Syllabus and Exam Pattern 2026
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) |
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.
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 |
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.
This section tests the candidate’s basic mental ability and awareness of the financial sector.
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)
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.
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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