Additional Information

IIFCL Recruitment 2026: Apply Now for 37 Manager & Assistant Manager Vacancies

The India Infrastructure Finance Company Limited (IIFCL), a premier Government of India enterprise, has officially opened doors for ambitious professionals. On 18 March 2026, the IIFCL Recruitment 2026 notification was released, inviting applications for Grade A (Assistant Manager) and Grade B (Manager) positions.

If you are looking to build a career in infrastructure financing and government banking, this is your chance. The online registration window is currently active and will remain open until 10 April 2026.

IIFCL Notification 2026: At a Glance

IIFCL plays a critical role in providing long-term financial backing to viable infrastructure projects across India. This year, they are looking to fill 37 vacancies on a regular basis.

Vacancy Breakdown

The distribution of posts is focused heavily on entry-level officer roles, though specialized management roles are also available:

• Assistant Manager (Grade A): 33 Posts

• Manager (Grade B): 04 Posts

• Total: 37 Posts

IIFCL Salary Structure 2026: Pay & Perks

One of the most attractive aspects of IIFCL recruitment is the lucrative pay scale.

Assistant Manager (Grade A) Salary

• Starting Basic Pay: ₹44,500

• Approximate Gross Monthly Salary: ₹80,000

• Benefits: Dearness Allowance (DA), Grade Allowance, HRA, Special Allowance, and various other government-mandated benefits.

Manager (Grade B) Salary

• Starting Basic Pay: ₹55,200

• Maximum Basic Pay: ₹99,750

• Increments: The pay scale follows a structured progression (₹55,200 – ₹99,750) ensuring steady financial growth over the years of service.

Selection Process: How to Get Hired

The IIFCL selection process is rigorous, designed to test both your academic aptitude and professional personality. It consists of four main stages:

1. Preliminary Screening: Initial shortlisting based on eligibility.

2. Written Assessment: An online competitive exam (detailed below).

3. Behavioral Evaluation: Assessing decision-making and communication skills.

4. Final Interview: A deep dive into your domain knowledge and professional experience.

IIFCL Exam Pattern 2026

The written exam is divided into two parts, totaling 200 marks with a duration of 120 minutes (2 hours).

Warning: There is a negative marking of 1/4th (0.25) for every wrong answer. Accuracy is key!

Syllabus Highlights

To ace the IIFCL 2026 exam, candidates must master the following domains:

• General Subjects: Puzzles, Seating Arrangement, Data Interpretation, Arithmetic, Reading Comprehension, and Sentence Improvement.

• Financial Current Affairs: Focus on RBI/SEBI guidelines, budget updates, mergers, and digital banking reforms.

• Domain Knowledge: This is the most scoring part. Study Project Finance, Public-Private Partnerships (PPP), Risk Management (Basel Norms), Corporate Governance, and the Indian Economy.

How to Apply for IIFCL Recruitment 2026

1. Visit the official website: www.iifcl.in.

2. Go to the "Careers" section and click on the IIFCL Grade A & B Recruitment link.

3. Complete the registration and upload necessary documents (photo, signature).

4. Pay the application fee online before 10 April 2026.

5. Print the application form for your records.

Final Pro-Tip for Aspirants

Since IIFCL is an infrastructure-focused company, your Domain Knowledge (Section II) should specifically cover Infrastructure Financing and Project Appraisal. This is often where the merit list is decided.