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.
| 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 |
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 has invited applications for 33 vacancies in the Assistant Manager (Grade A) cadre, distributed across various reserved and unreserved categories.
| 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 |
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.
The total vacancies are also divided into the following professional streams:
| Post/Stream | UR | SC | ST | OBC | EWS | Total | PwBD (A) | PwBD (B) | PwBD (C) | PwBD (D) |
|---|---|---|---|---|---|---|---|---|---|---|
| Manager (Grade B) | 02 | – | 01 | – | 01 | 04 | – | – | – | – |
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.
| Category | Fee |
| General, OBC & EWS | Rs. 600/- |
| SC, ST & PwBD | Rs. 100/- |
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 |
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.
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