IIFCL Officers Recruitment 2026 — Apply Online for 37 Posts
India Infrastructure Finance Company Limited (IIFCL), a Central Public Sector Undertaking wholly owned by the Government of India under the Ministry of Finance, has officially released its Officers Recruitment 2026 notification. The organisation is inviting online applications for direct recruitment to 37 officer-level positions — comprising 33 Assistant Manager (Grade A) and 4 Manager (Grade B) vacancies — on a regular basis. Eligible candidates may submit their applications through the official IIFCL website between 18 March 2026 and 10 April 2026.
Established in 2006, IIFCL plays a pivotal role in providing long-term financial assistance to viable infrastructure projects across the country. This recruitment drive represents one of the most significant employment opportunities in the public sector finance domain in 2026, offering competitive compensation packages, career progression, and the chance to contribute meaningfully to India’s infrastructure development agenda.
IIFCL Recruitment 2026 — Key Highlights
| Parameter | Details |
|---|---|
| Organisation | India Infrastructure Finance Company Limited (IIFCL) |
| Advertisement Numbers | IIFCL/HCM/2026/03 and IIFCL/HCM/2026/04 |
| Post Names | Assistant Manager (Grade A) and Manager (Grade B) |
| Total Vacancies | 37 |
| Application Start Date | 18 March 2026 (Wednesday) |
| Last Date to Apply | 10 April 2026 (Friday) |
| Application Mode | Online only |
| Official Website | Click here |
Vacancy Distribution
The total of 37 vacancies under this recruitment drive is divided across two grades and two specialised streams. The table below provides a comprehensive breakdown:
| Post | Grade | Stream | Number of Vacancies |
|---|---|---|---|
| Assistant Manager | Grade A | Generalist | 31 |
| Assistant Manager | Grade A | Environment & Social Safeguard | 2 |
| Manager | Grade B | Generalist | 2 |
| Manager | Grade B | Environment & Social Safeguard | 2 |
| Total | — | — | 37 |
Important Dates
| Event | Date |
|---|---|
| Official Notification Release | 18 March 2026 |
| Online Application Opens | 18 March 2026 |
| Last Date to Submit Application | 10 April 2026 |
| Experience Calculation Cut-off Date | 28 February 2026 |
| Admit Card (Tentative) | May/June 2026 |
| Result Declaration (Tentative) | July/August 2026 |
Important Links
| Description | Link |
|---|---|
| Apply Online | Click here |
| Official Notification PDF (Assistant Manager Grade A) | Click here |
| Official Notification PDF (Manager Grade B) | Click here |
| Official Website | Click here |
Eligibility Criteria
Educational Qualification
Assistant Manager (Grade A) — Generalist Stream: Candidates must hold a Postgraduate Degree or Diploma (two-year programme) in any discipline, or a Bachelor’s Degree in Law (LLB / BA+LLB integrated five-year programme), or a professional qualification such as Chartered Accountant (CA), Company Secretary (CS), or Certified Management Accountant (CMA/ICWA), or a B.Tech/B.E. degree from a recognised university or institution.
Assistant Manager (Grade A) — Environment & Social Safeguard Stream: Applicants must possess a degree in Engineering, or a Postgraduate Degree/Diploma in Environmental Management or Environmental Sciences, or a Postgraduate qualification in Social Work, Sociology, Anthropology, or Economics.
Manager (Grade B) — Generalist Stream: The qualifications are the same as those prescribed for the Grade A Generalist post, however, candidates must additionally demonstrate an overall work experience of seven years, including a minimum of two years in directly related areas within the financial sector, Banking, PSUs, or reputed corporate organisations.
Manager (Grade B) — Environment & Social Safeguard Stream: Qualifications align with those of the Grade A Environment stream, with a requirement of seven years of overall experience, with specific exposure to environmental and social impact assessments, safeguard documentation, and management planning.
Work Experience Requirements
| Post | Minimum Post-Qualification Experience | Experience Cut-off Date |
|---|---|---|
| Assistant Manager (Grade A) | Minimum 2 years in officer cadre at Banks/Financial Institutions/Govt/PSUs/reputed organisations | 28 February 2026 |
| Manager (Grade B) | Overall 7 years (including at least 2 years in relevant domains) in officer/executive cadre in financial sector/Banks/PSUs/reputed corporates | 28 February 2026 |
Note: Freshers are not eligible for either post. A minimum post-qualification experience in the officer cadre is mandatory for all applicants.
Age Limit
| Post | Minimum Age | Maximum Age | Age Reference Date |
|---|---|---|---|
| Assistant Manager (Grade A) | 21 years | 30 years | 28 February 2026 |
| Manager (Grade B) | — | 40 years | 28 February 2026 |
Age Relaxation: Relaxation in the upper age limit is applicable for reserved category candidates as per Government of India norms — SC/ST candidates receive a relaxation of 5 years, OBC candidates receive 3 years, PwBD candidates receive 10–15 years, and Ex-Servicemen receive 5 years.
Application Fee
| Category | Application Fee |
|---|---|
| General / EWS / OBC (Non-Creamy Layer) | ₹600 |
| SC / ST / PwBD | ₹100 |
Fees can be remitted through Debit Cards (RuPay, Visa, MasterCard, Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards, or Mobile Wallets. Candidates are advised to note that the application fee is non-refundable under any circumstances, including cases where the application is rejected or not considered by IIFCL. GST and transaction charges, where applicable, are to be borne by the candidate.
Salary Structure & Benefits
| Post | Starting Basic Pay | Pay Scale | Approximate Gross Monthly Salary | Approximate Annual CTC |
|---|---|---|---|---|
| Assistant Manager (Grade A) | ₹44,500 | ₹44,500 – 2,500(4) – 54,500 – 2,850(7) – 74,450 – EB – 2,850(4) – 85,850 – 3,300(1) – 89,150 (17 years) | Approx. ₹80,000 | Approx. ₹19 Lakhs |
| Manager (Grade B) | ₹55,200 | ₹55,200 – 2,850(9) – 80,850 – EB – 2,850(2) – 86,550 – 3,300(4) – 99,750 (16 years) | Higher than Grade A | — |
In addition to the basic pay, selected officers are entitled to several allowances and benefits including Dearness Allowance (DA), House Rent Allowance (HRA at 15%) or leased accommodation, Grade Allowance, Local Allowance, Family Allowance, Special Allowance, Medical Reimbursement, Leave Fare Concession (LFC), Gratuity, Leave Encashment, National Pension System (NPS), and Meal Card benefits.
Selection Process
The selection procedure for IIFCL Officers Recruitment 2026 consists of three sequential stages. Candidates must clear each stage to progress to the next.
- Stage 1 — Online Written Examination: This is a computer-based objective test conducted in a single session of 120 minutes. The examination carries a total of 200 marks and is divided into two parts:
- Test I (General Awareness and Aptitude — 100 marks, 100 questions, 60 minutes): Covers Quantitative Aptitude, English Language, Reasoning, and Financial Current Affairs.
- Test II (Domain Knowledge — 100 marks, 50 questions, 60 minutes): Evaluates candidates on post-specific subjects including Project Finance, Corporate Banking, Treasury, Risk Management, Corporate Governance, Accounting and Taxation, Indian Economy, and latest RBI/SEBI Circulars and Guidelines on NBFCs, NPA, etc.
Negative Marking: A penalty of 1/4th of the marks assigned to a question is imposed for every incorrect response. Unattempted questions do not attract any penalty.
- Stage 2 — Behavioural Examination: Candidates who qualify the written test are invited for a behavioural assessment, which evaluates personality traits, decision-making capabilities, communication skills, and overall suitability for the position.
- Stage 3 — Personal Interview (100 marks): The final stage is a structured interview that assesses the candidate’s professional knowledge, relevant work experience, and overall compatibility with the role. The final merit is determined on a 40:60 weightage between the written examination and interview scores respectively.
How to Apply Online
Candidates must note that only online applications will be accepted. No other mode of submission is permitted. The following is the step-by-step procedure to complete the IIFCL Recruitment 2026 application:
- Visit the official IIFCL website at Click here and navigate to the Recruitment or Careers section.
- Click on the applicable recruitment notification link — Grade A or Grade B — and select the New Registration option.
- Enter your basic details such as name, mobile number, and email address. A registration number and password will be generated and communicated via SMS and email.
- Log in using the registration credentials and carefully fill out the application form with personal, educational, and professional information.
- Upload scanned copies of the required documents, including a recent passport-size photograph, signature, left thumb impression, and a handwritten declaration in the prescribed format. Also upload educational certificates, mark sheets, experience certificates, and category/caste certificates where applicable. Candidates from Government/PSU organisations must submit a No Objection Certificate (NOC) at the time of the interview.
- Pay the applicable application fee through the preferred online payment mode.
- Submit the application form and download the confirmation page along with the fee receipt. Retain a printout of both documents for future reference.
Important: Candidates may apply for only one post — either Grade A or Grade B. No alterations in category or other submitted data are permitted after final submission. Applications submitted without the prescribed fee will be summarily rejected.
Pre-Recruitment Training
IIFCL offers a complimentary online Pre-Recruitment Training (PRT) programme for candidates belonging to SC, ST, OBC (Non-Creamy Layer), and PwBD categories. Eligible candidates may opt into this programme at the time of completing their application form.
Frequently Asked Questions (FAQ)
Q1. What is the total number of vacancies announced under IIFCL Recruitment 2026?
A total of 37 vacancies have been announced — 33 for the post of Assistant Manager (Grade A) and 4 for the post of Manager (Grade B).
Q2. What is the last date to submit the online application for IIFCL Recruitment 2026?
The final date to complete the online registration and submit the application form, including fee payment, is 10 April 2026 (Friday).
Q3. Are freshers eligible to apply for the IIFCL Assistant Manager (Grade A) post?
No. A minimum of 2 years of post-qualification experience in the officer cadre at a Bank, Financial Institution, Government body, PSU, or reputed organisation is mandatory for Grade A applicants. Freshers are not eligible.
Q4. What is the age limit for the Assistant Manager (Grade A) post?
Candidates applying for the Grade A post must be between 21 and 30 years of age as of 28 February 2026. Age relaxation is applicable for SC/ST (5 years), OBC (3 years), PwBD (10–15 years), and Ex-Servicemen (5 years) categories as per government guidelines.
Q5. What is the upper age limit for the Manager (Grade B) post?
Candidates applying for the Manager (Grade B) post must not have attained the age of 40 years as of 28 February 2026.
Q6. What is the application fee for IIFCL Officers Recruitment 2026?
The application fee is ₹600 for General (UR), EWS, and OBC (Non-Creamy Layer) candidates, and ₹100 for SC, ST, and PwBD candidates. The fee is non-refundable under any circumstances.
Q7. What is the selection process for IIFCL Recruitment 2026?
Selection involves three stages: an Online Written Examination (200 marks), a Behavioural Examination, and a Personal Interview (100 marks). The final merit is determined on a 40:60 ratio between the written exam and interview scores.
Q8. Is there negative marking in the IIFCL written examination?
Yes. A deduction of 1/4th of the marks allocated to a question is applied for every incorrect answer. No penalty is levied for questions left unattempted.
Q9. What is the starting salary for an IIFCL Assistant Manager (Grade A)?
The initial basic pay for Grade A officers is ₹44,500 per month. Including allowances and benefits, the approximate gross monthly salary is ₹80,000, with a total annual Cost to Company (CTC) of approximately ₹19 Lakhs.
Q10. Can a candidate apply for both Grade A and Grade B posts simultaneously?
No. Candidates may apply for only one post — either Assistant Manager (Grade A) or Manager (Grade B). Dual applications are not permitted.
Q11. What qualifications are required for the Environment & Social Safeguard stream?
Applicants for this stream must hold an Engineering degree or a Postgraduate Degree/Diploma in Environmental Management or Environmental Sciences, or a Postgraduate qualification in Social Work, Sociology, Anthropology, or Economics. Experience requirements remain the same as the respective grade — 2 years for Grade A and 7 years overall for Grade B.
Q12. Where should the application be submitted?
Applications must be submitted exclusively through the online portal on the official IIFCL website. No offline or postal applications will be accepted. Visit the official website at Click here to apply.