IFRCL Assistant Manager Recruitment 2026: Apply Online for 23 Posts, Salary Up to ₹16 Lakh, CBT in June

IRFC Assistant Manager & Assistant Recruitment 2026: Salary, Eligibility & Complete Guide

If you are a commerce graduate or a qualified CA / CMA looking for a career in a top PSU organisation, here is a great opportunity for you. Indian Railway Finance Corporation Limited (IRFC), a Schedule ‘A’ Navratna Public Sector Undertaking under the Ministry of Railways, has released Advt. No. 01/2026 for the recruitment of Assistant (NE5 Level) and Assistant Manager/Finance (E1 Level). A total of 23 vacancies are available with an attractive CTC of up to ₹16 Lakh per annum.

The online application started on 4 April 2026 and the last date to apply is 1 May 2026. The Computer Based Test (CBT) is tentatively scheduled for June 2026. Whether you are a B.Com graduate with CA Inter or a qualified Chartered Accountant, this article on GovtJobsAlert.in covers every detail — vacancies, eligibility, salary, exam pattern, and how to apply. Read it carefully so you don’t miss anything.

What are the Key Highlights of IRFC Recruitment 2026?

Indian Railway Finance Corporation Limited (IRFC) is one of the largest borrowers in the Indian debt market and a key arm of Indian Railways for mobilising funds. As a Navratna PSU, IRFC offers excellent career growth, job stability, and competitive compensation. This recruitment is for finance and accounts professionals who want to build a career in the railway sector.

• Post Names: Assistant (NE5 Level), Assistant Manager/Finance (E1 Level)
• Total Vacancies: 23
• CTC: ₹8 Lakh – ₹16 Lakh per annum
• Job Location: IRFC Corporate Office (Delhi/NCR)
• Application Start Date: 4 April 2026
• Last Date to Apply: 1 May 2026
• Tentative CBT Date: June 2026

How Many Vacancies Are Available in IRFC Recruitment 2026?

Out of the 23 total vacancies, 16 posts are for Assistant (NE5 Level) and 7 posts are for Assistant Manager/Finance (E1 Level). There is also 1 PwBD and 2 Ex-Servicemen horizontal reservation for the Assistant post, and 1 Ex-Servicemen for the Assistant Manager post. These are included within the totals above.

What are the Eligibility Criteria for IRFC Recruitment 2026?

Educational Qualification

For Assistant (NE5 Level):

• Three-year Bachelor’s Degree in Commerce from a recognised university with minimum 60% marks
• AND Intermediate Examination passed from the Institute of Chartered Accountants of India (ICAI) or Institute of Cost Accountants of India (ICMAI)

For Assistant Manager/Finance (E1 Level) — Any ONE of:

• B.Com with minimum 60% marks AND qualified CA / CMA from ICAI or ICMAI
• OR Two-year regular MBA (Finance) or PGDM (Finance) from a recognised institution

Age Limit

Age is calculated as on 1 January 2026. Additional relaxation: PwBD candidates get 10 years extra, and Ex-Servicemen get relaxation as per government rules. Regular IRFC employees get 8 years relaxation. The overall upper age limit including all relaxations is 56 years.

What is the Salary for IRFC Recruitment 2026?

IRFC, being a Navratna PSU, offers an excellent pay package with multiple components beyond the basic pay.

• Assistant (NE5 Level): Pay Scale ₹21,000 – ₹74,000; CTC approximately ₹8 Lakh per annum at minimum pay
• Assistant Manager/Finance (E1 Level): Pay Scale ₹40,000 – ₹1,40,000; CTC approximately ₹16 Lakh per annum at minimum pay

With DA, HRA, Cafeteria Allowance, Performance Related Pay (PRP), and other perks, the total CTC ranges from ₹8 Lakh (Assistant) to ₹16 Lakh (Assistant Manager) per annum — among the best in the PSU sector.

Additional benefits include medical facilities, gratuity, leave encashment, NPS, and opportunities for promotion to higher grades as per company policy. Selected candidates must serve a 1-year probation period and execute a service bond of ₹2 Lakh (Assistant) or ₹3 Lakh (Assistant Manager) plus GST for a minimum 2-year service.

What is the Selection Process for IRFC Recruitment 2026?

The selection involves a multi-stage process including a Computer Based Test, document verification, and interview (for E1 level only).

Stage 1: Computer Based Test (CBT)

The CBT will have 100 MCQ questions for 100 marks with a duration of 90 minutes (120 minutes for PwBD candidates with scribe). The test has two parts:

• Part A (Common — 50 marks): Mathematics / Numerical Ability (20), General Awareness (10), Logical Reasoning (10), Knowledge about Railways/IRFC (10)
• Part B (Post-Specific — 50 marks): Corporate Accounting, Income Tax, Indirect Tax, Corporate Laws, Cost Accounting, Financial Management, Auditing, and related subjects.

Negative marking: 1/4th mark deducted for each wrong answer. Exam will be held in Delhi/NCR, Kolkata, Mumbai, and Chennai in English and Hindi.

Stage 2: Document Verification

Candidates shortlisted based on CBT merit will be called for document verification. For the Assistant post, candidates equal to the number of vacancies will be called. For Assistant Manager, up to 3 times the vacancies will be shortlisted.

Stage 3: Interview (Only for Assistant Manager — E1 Level)

Shortlisted candidates for the E1 post will face an interview. The final merit is calculated with 80% weightage to CBT and 20% to interview.

Qualifying Marks

PwBD candidates get an additional 2% relaxation from their respective category marks.

How to Apply Online for IRFC Recruitment 2026?

Before you start, keep your educational certificates, marksheets, caste certificate (if applicable), passport-size photograph, signature scan, and left thumb impression ready.

1. Visit the official IRFC website and go to the Career tab (direct link in Essential Links below).
2. Click on Register and enter your name, mobile number, and email ID.
3. Verify using OTP and receive your Login ID and Password on your registered mobile and email.
4. Log in and fill the complete application form with your personal details, educational qualifications, and category information.
5. Upload scanned photograph (200×230 px, 100-200 KB), signature (140×60 px, 80-150 KB), and left thumb impression as per specifications.
6. Pay the examination fee online via UPI, Credit Card, or Net Banking.
7. Preview and submit the application — no changes allowed after submission.
8. Save the confirmation page and note your application number for future reference.

Important: If applying for both posts, submit separate applications with separate fees for each post code.

What are the Important Dates for IRFC Recruitment 2026?

What is the Application Fee for IRFC Recruitment 2026?

Payment can be made online only through UPI, Credit Card, or Net Banking. The fee is non-refundable. Failed or incomplete payments will result in rejection of the application.

Essential Links — IRFC Recruitment 2026

• Download Official Notification PDF
• Apply Online for IRFC Recruitment 2026
• Visit IRFC Official Website
• Join WhatsApp Channel for Government Jobs
• Join Telegram Channel for Government Jobs

This is an excellent opportunity for commerce and finance professionals to join a prestigious Navratna PSU. With a CTC up to ₹16 Lakh per annum and just 23 vacancies, competition will be high — so don’t wait until the last moment. The deadline is 1 May 2026, and the CBT is expected in June 2026. Start preparing now and complete your application today. Keep visiting GovtJobsAlert.in for more PSU job alerts and exam updates.