IIFCL 2026 Notification: 39 Manager & Assistant Manager Vacancies, Eligibility & How to Apply
India Infrastructure Finance Company Limited (IIFCL) has released two exciting recruitment notifications for the posts of Manager (Grade B) and Assistant Manager (Grade A). A total of 39 vacancies are available across Generalist and Environment & Social Safeguard streams. If you have a postgraduate degree or a professional qualification like CA, CS, or CMA, this is a wonderful chance to join a Government of India Enterprise with a CTC of up to ₹23.5 Lakhs per annum.
The online application window is open from 18 March 2026 to 10 April 2026. Whether you are a graduate with relevant experience or a fresh postgraduate looking for a career in the financial sector, this recruitment covers both entry-level and mid-career opportunities. Read this full article carefully on GovtJobsAlert.in so you don’t miss any important detail — from eligibility and salary to the step-by-step application process. If you’re looking for PSU jobs in India, this notification deserves your full attention.
Key Highlights — IIFCL Recruitment 2026
India Infrastructure Finance Company Limited (IIFCL) is a Government of India Enterprise that provides long-term financial assistance to infrastructure projects. Established in 2006 and headquartered in New Delhi, IIFCL plays a vital role in financing roads, power, airports, and other critical sectors. This recruitment is being conducted through IBPS for regular appointments.
- Post Names: Manager (Grade B) and Assistant Manager (Grade A)
- Total Vacancies: 39 posts (Manager: 6, Assistant Manager: 33)
- Salary / Pay Scale: ₹44,500 – ₹99,750 (CTC up to ₹23.5 Lakhs per annum)
- Job Location: New Delhi
- Last Date to Apply: 10 April 2026
How Many Vacancies Are Available in IIFCL Recruitment 2026?
| Post Name | Streams | Vacancies |
|---|---|---|
| Manager (Grade B) | Generalist + Environment & Social Safeguard | 6 |
| Assistant Manager (Grade A) | Generalist + Environment & Social Safeguard | 33 |
| Total | 39 |
Manager (Grade B) — Category Breakdown (Generalist Stream):
| Category | Vacancies |
|---|---|
| UR | 2 |
| ST | 1 |
| EWS | 1 |
| Environment & Social Safeguard | 2 |
| Total | 6 |
Assistant Manager (Grade A) — Category Breakdown:
| Category | Vacancies |
|---|---|
| UR | 11 |
| SC | 8 |
| ST | 2 |
| OBC | 6 |
| EWS | 6 |
| Total | 33 |
What Is the Eligibility Criteria for IIFCL Manager & Assistant Manager 2026?
Educational Qualification
For Manager (Grade B) — Generalist (4 posts):
- Postgraduate Degree / Diploma in any discipline, OR
- LLB / BA+LLB (5-year integrated), OR
- CA / CS / CMA (ICWA), OR
- B.Tech / B.E.
- Experience: Minimum 7 years overall experience in officer cadre, including at least 2 years in financial sector, Banks, FIs, or PSUs
For Manager (Grade B) — Environment & Social Safeguard (2 posts):
- Engineering / PG Degree / Diploma in Environmental Management, Environmental Sciences, M.Sc., or PG in Social Works, Sociology, Anthropology, Economics, or Development Services
- Experience: Minimum 7 years overall experience with at least 2 years in related field
For Assistant Manager (Grade A) — Generalist (31 posts):
- Postgraduate Degree / Diploma in any discipline, OR
- LLB / BA+LLB (5-year), OR
- CA / CS / CMA (ICWA), OR
- B.Tech / B.E.
- Experience: Minimum 2 years in officer cadre in Banks, FIs, Government, PSUs, or reputed organisations
For Assistant Manager (Grade A) — Environment & Social Safeguard (2 posts):
- Engineering / PG Degree / Diploma in Environmental Management, Environmental Sciences, M.Sc., Social Works, Sociology, Anthropology, Economics, or Development Services
- Experience: Minimum 2 years in officer cadre
All qualifications must be from a university or institution recognised by UGC / AICTE / Government. If you are a graduate looking for government jobs, the Assistant Manager post is a great fit.
Age Limit (As on 28 February 2026)
Manager (Grade B): Maximum 40 years
Assistant Manager (Grade A): 21 to 30 years
| Category | Relaxation |
|---|---|
| SC / ST | 5 years |
| OBC (Non-Creamy Layer) | 3 years |
| PwBD (General / EWS) | 10 years |
| PwBD + OBC | 13 years |
| PwBD + SC / ST | 15 years |
| Ex-Servicemen | 5 years |
What Is the Salary for IIFCL Manager & Assistant Manager 2026?
The pay structure for both posts follows the IIFCL pay scale with generous allowances and perks.
Manager (Grade B):
- Basic Pay: ₹55,200 per month
- Pay Scale: ₹55,200 – ₹99,750
- Approximate CTC: ₹23.5 Lakhs per annum
Assistant Manager (Grade A):
- Basic Pay: ₹44,500 per month
- Pay Scale: ₹44,500 – ₹89,150
- Approximate CTC: ₹19 Lakhs per annum
With all allowances combined — DA, HRA, Grade Allowance, Special Allowance, and other perks — the total in-hand salary is very attractive for both posts.
Apart from the salary, employees enjoy benefits like leased accommodation, LTC, medical reimbursement, meal card, mobile and telephone allowance, children’s education allowance, interest-free Festival Advance, and concessional loans for housing, car, and personal computers. Pension is under the New Pension Scheme (NPS).
What Is the Selection Process for IIFCL Recruitment 2026?
The selection will be conducted in two phases with a 40:60 weightage split.
Phase I: Online Examination (200 Marks)
Test I (100 marks, 60 minutes):
| Subject | Questions | Marks |
|---|---|---|
| Reasoning | 25 | 25 |
| Quantitative Aptitude | 25 | 25 |
| English Language | 25 | 25 |
| Current Affairs (Financial Sector) | 25 | 25 |
Test II — Domain Knowledge (100 marks, 60 minutes):
- 50 questions × 2 marks each
- Covers Project Finance, Corporate Banking, Risk Management, Accounting, Indian Economy, Banking System, RBI / SEBI Guidelines, etc.
- Negative marking: 1/4th of marks for wrong answers
Phase II: Interview (100 Marks)
Shortlisted candidates will be called for a Technical and Behavioural Interview at IIFCL office in New Delhi. IIFCL may also conduct Group Discussion and Psychometric tests. You can prepare using the syllabus and exam pattern resources available on our site.
How to Apply Online for IIFCL Manager & Assistant Manager 2026?
Before starting, keep your scanned photograph (4.5×3.5 cm), signature, left thumb impression, and a handwritten declaration ready in JPEG format.
- Visit the official IIFCL website and click “Apply Online” (direct link in Essential Links below).
- Click “New Registration” and enter your name, contact details, and email ID.
- Note down the Provisional Registration Number and Password sent via email and SMS.
- Fill in all required details — personal information, educational qualifications, and work experience.
- Upload your photograph, signature, left thumb impression, and handwritten declaration as per specifications.
- Preview and verify all details carefully, then click “Complete Registration”.
- Proceed to payment of application fee through online mode.
- Submit the form and take a printout of the e-Receipt and application form.
IIFCL Recruitment 2026 Important Dates: Application Timeline
| Event | Date |
|---|---|
| Online Registration Starts | 18 March 2026 |
| Last Date to Apply & Pay Fee | 10 April 2026 |
| Eligibility Cut-off Date (Age & Qualification) | 28 February 2026 |
| Online Examination (Tentative) | May / June 2026 |
| Interview (Tentative) | June / July 2026 |
| Final Result (Tentative) | July / August 2026 |
IIFCL Recruitment 2026 Application Fee: Category-Wise Details
| Category | Fee Amount |
|---|---|
| General / OBC / EWS | ₹600 |
| SC / ST / PwBD | ₹100 (Intimation charges only) |
Payment can be made online through:
- Debit Card (RuPay, Visa, MasterCard, Maestro)
- Credit Card
- Internet Banking
- IMPS
- Cash Cards
- Mobile Wallets
Essential Links — IIFCL Manager & Assistant Manager Recruitment 2026
- Download Official Notification PDF
- Apply Online for IIFCL Recruitment 2026
- Visit IIFCL Official Website
- Join WhatsApp Channel for Government Jobs
- Join Telegram Channel for Government Jobs
This is a rare opportunity to join a Government of India Enterprise with an excellent salary and benefits package. If you meet the eligibility for either Manager or Assistant Manager, don’t wait until the last minute — apply before 10 April 2026. Keep visiting GovtJobsAlert.in for the latest PSU job notifications and admit card updates.