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IIFCL Recruitment 2026: India Infrastructure Finance Company Limited (IIFCL), a Government of India enterprise, has released the official notification for Manager (Grade B) Recruitment 2026. IIFCL plays a crucial role in financing infrastructure projects across India including transport, energy, water and communication sectors.
As per the official notification released on 18 March 2026, eligible candidates can apply online for Grade B Officer posts through open competition across India.
📊 Recruitment Overview
| Particular | Details |
|---|---|
| Organization | India Infrastructure Finance Company Limited (IIFCL) |
| Post Name | Manager (Grade B) |
| Total Vacancies | 04 Posts |
| Advertisement No. | IIFCL/HCM/2026/03 |
| Job Type | Regular (Permanent) |
| Application Mode | Online |
| Selection Mode | Exam + Interview |
📌 Vacancy Details
| Post | UR | SC | ST | EWS | Total |
|---|---|---|---|---|---|
| Manager (Grade B) | 02 | 00 | 01 | 01 | 04 |
Note: Vacancies are provisional and may change.
🎓 Educational Qualification
- Postgraduate Degree/Diploma in any discipline OR
- Bachelor’s Degree in Law (LLB / BA+LLB)
- CA / CS / CMA (ICWA)
- B.E./B.Tech in relevant field
Note: Candidates must have relevant work experience in finance/banking/infrastructure sectors.
🎂 Age Limit (As on 28 Feb 2026)
| Criteria | Details |
|---|---|
| Maximum Age | 40 Years |
- SC/ST – 5 years relaxation
- OBC – 3 years relaxation
- PWD – Up to 15 years
- Ex-Servicemen – As per rules
💼 Experience Required
- Minimum 2 years relevant experience
- Total experience of minimum 7 years in officer/executive cadre
- Experience in Banking / Financial Institutions / PSU / Infrastructure preferred
💰 Salary & Benefits
| Component | Details |
|---|---|
| Basic Pay | ₹55,200/month |
| Pay Scale | ₹55,200 – ₹99,750 |
| CTC | ₹23.5 LPA (Approx) |
- HRA / Lease Accommodation
- Medical Benefits
- Gratuity & Pension (NPS)
- Loans (Car, Housing, etc.)
- Leave Encashment & LTC
🧪 Selection Process
- Phase I: Online Written Examination
- Phase II: Interview (Technical + Behavioural)
Final selection: Based on combined marks (40% Exam + 60% Interview).
📝 Exam Pattern
| Section | Questions | Marks |
|---|---|---|
| Reasoning | 25 | 25 |
| Quantitative Aptitude | 25 | 25 |
| English Language | 25 | 25 |
| Financial Awareness | 25 | 25 |
| Domain Knowledge | 50 | 100 |
| Total | 150 | 200 |
- Total Time: 120 Minutes
- Negative Marking: 1/4th marks deducted
💳 Application Fees
| Category | Fees |
|---|---|
| SC/ST/PwBD | ₹100 |
| Others (UR/OBC/EWS) | ₹600 |
📅 Important Dates
| Event | Date |
|---|---|
| Application Start | 18 March 2026 |
| Last Date | 10 April 2026 |
| Exam Date | May/June 2026 |
| Interview | June/July 2026 |
📝 How to Apply
- Visit official website www.iifcl.in
- Click on “Apply Online”
- Register with email & mobile
- Fill application form carefully
- Upload required documents
- Pay application fee
- Submit and take printout
🔗 Important Links
- Official Notification – Download PDF
- Apply Online – Click to Apply
- Official Website – www.iifcl.in
❓ FAQs
1. How many vacancies are available?
Total 4 vacancies for Manager (Grade B).
2. What is salary?
Approx ₹23.5 LPA.
3. What is selection process?
Online exam + Interview.
4. Is experience required?
Yes, minimum 7 years experience required.
5. What is age limit?
Maximum 40 years.
