IIFCL Recruitment: Assistant Manager Grade A Positions

About India Infrastructure Finance Company Limited (IIFCL) is a wholly owned Government of India enterprise established in 2006. As one of India's most diversified public sector infrastructure lenders, IIFCL provides long-term financial assistance to viable infrastructure projects across transportation, energy, water, sanitation, communication, and commercial sectors. The organization finances both greenfield and brownfield projects, playing a crucial role in national development. IIFCL seeks dynamic professionals with expertise and commitment to contribute meaningfully to infrastructure development while building their careers in a forward-oriented, innovative organization providing comprehensive employee development opportunities. Descriptions This direct recruitment opens excellent opportunities for experienced professionals to join IIFCL's officer cadre on an all-India basis. Selected candidates become part of an organization financing critical national infrastructure that shapes India's development. The position offers competitive compensation, comprehensive benefits, job security characteristic of government enterprises, structured career progression, and exposure to diverse infrastructure sectors. Successful candidates will work on complex project appraisal, risk assessment, and strategic financial decisions impacting substantial infrastructure investments. APPLY FOR – Post Names Assistant Manager (Grade A) – Generalist Stream Assistant Manager (Grade A) – Environment and Social Safeguard Stream Vacancies Total Positions: 33 📅 Important Dates Online Application Opens: March 18, 2026 Application Deadline: April 10, 2026 (11:59 PM) Eligibility Criteria: Nationality: Must be Indian citizen. Age Limit (As on February 28, 2026): Minimum 21 years; Maximum 30 years Age Relaxation: SC/ST: 5 years OBC (Non-Creamy Layer): 3 years PwBD (Unreserved/EWS): 10 years PwBD (OBC): 13 years PwBD (SC/ST): 15 years Ex-Servicemen: 5 years Educational Qualifications (As on February 28, 2026): Generalist Stream: Postgraduate degree/diploma in any discipline OR LLB OR B.Tech/B.E. OR CA OR CS OR CMA/ICWA; Minimum 2 years officer cadre experience in Banks/Financial Institutions/Government/PSUs/reputable organizations Environment and Social Safeguard Stream: Engineering/Postgraduate degree/diploma in Environmental Management, Environmental Sciences, M.Sc., or Social Work/Sociology/Anthropology/Economics Development Services; Minimum 2 years officer cadre experience in Banks/Financial Institutions/Government/PSUs/reputable organizations Important Notes: Postgraduate qualifications must be minimum 2 years duration. All qualifications must be from UGC/AICTE-recognized institutions or Government-approved bodies. Valid mark sheets and degree certificates must be possessed on registration date. No category change permitted after application submission. Experience must be from officer cadre positions only. 📝 Selection Process Phase I: Online Examination (200 marks, 120 minutes total) Test I (60 minutes, 100 marks): Reasoning (25 questions), Quantitative Aptitude (25), English Language (25), Current Affairs Financial Sector (25) Test II (60 minutes, 100 marks): Domain Knowledge (50 questions, 2 marks each) covering Project Finance, Corporate Banking, Treasury, General Management, Risk Management, Corporate Governance, Accounting, Taxation, Indian Economy, Banking System, RBI/SEBI Guidelines, and NBFC knowledge Negative Marking: 1/4th mark per incorrect answer in both tests Phase II: Interview (100 marks) Technical and behavioural interview at New Delhi office; language option in Hindi or English; conducted based on Phase I performance and minimum cut-off marks determined by IIFCL relative to vacancies Final Selection: Merit list prepared using 40:60 weightage (Phase I:Phase II). Candidate must qualify both examination and interview and achieve sufficiently high ranking for selection. Application Fees SC/ST/PwBD: Rs. 100/- General/EWS/OBC: Rs. 600/- Why People Want This Job Job Security: Government enterprise employment provides stable career, predictable benefits, and protection under government service rules. Work-Life Balance: Government organizations typically offer regulated working hours and structured leave policies. Merit-Based Advancement: Transparent promotion policies based on merit and performance ensure clear career progression. Nationwide Access: All-India recruitment pattern enables equal competition on merit basis across regions. Purposeful Work: Contributing to nation's infrastructure development through project financing decisions impacting millions provides purposeful career.

📄 Application Process Before Applying: Scan photograph (4.5cm×3.5cm, color, 20-50 KB, 200×230 pixels), signature (black ink, 10-20 KB, 140×60 pixels), left thumb impression (3cm×3cm, 20-50 KB, 240×240 pixels), handwritten declaration in English (10cm×5cm, 50-100 KB, 800×400 pixels). Prepare handwritten declaration stating: "I declare all information in my application is correct, true, valid, and subject to satisfactory document verification. I will present supporting documents as required. If found ineligible at any stage, my candidature may be cancelled without further notice." Registration Steps: Visit www.iifcl.in, click "APPLY ONLINE," select "New Registration," enter name/contact/email. System generates provisional registration number and password (sent via email/SMS). Complete application form using "SAVE AND NEXT" facility. Upload photograph/signature per specifications. Fill educational, experience, category, and preferred examination center details. Preview entire application before final submission. Pay fees through payment gateway. Click "SUBMIT" for confirmation. Important: All details must be verified before final registration; no changes allowed afterward. Photograph and signature must be uploaded correctly at designated locations. If documents are unclear or smudged, application may be rejected. Examination Centers: 21 tentative cities including Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi-NCR, Patna, Raipur, Ranchi, Thiruvananthapuram, Visakhapatnam. Candidates indicate preference during application; IIFCL reserves right to allot different centers based on capacity and administrative feasibility.