India Infrastructure Finance Company Limited (IIFCL) is looking for suitable and willing candidates for the post of Assistant Manager (Grade A).
Khushi Vishwakarma | Dec 10, 2024 |
IIFCL Recruitment 2024: Monthly Salary Up To Rs. 44500, Notification Out For Assistant Manager Post
IIFCL Recruitment 2024: India Infrastructure Finance Company Limited (IIFCL) is looking for suitable and willing candidates for the post of Assistant Manager (Grade A) in various streams. There are 40 vacancies open for the stated post. The chosen candidates will be awarded a salary of up to Rs.44500 per month. Additionally, they will also be eligible for Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance, Family Allowance, Special Allowance, etc. as per rules in force from time to time. The engagement of candidates will be on probation for a period of 02 years which is extendable up to a maximum of 4 years at the discretion of IIFCL.
As given in the official notification of IIFCL Recruitment 2024, The candidate should have a minimum age of 21 years and not attained the age of 30 years. The selection will depend on the basis of an Online Examination and interview. The examination will be held in various centres all over India. The examination and intimation fee is Rs.600 for UR/EWS/OBC categories and for SC/ST/PwBD, the intimation fee is Rs.100. Based on the official notification of IIFCL Recruitment 2024, eligible and desirous candidates can visit the official website of IIFCL to fill the online application on or before the due date. The online application has already started from 07.12.2024.
According to the official notification of IIFCL Recruitment 2024, there are 40 openings to be filled for the post of Assistant Manager (Grade A).
| Post Name | UR | SC | ST | OBC | EWS | Total | Out of Total Reserved for PwBD# | |||
| A | B | C | D | |||||||
| Assistant Manager (Grade A) | 17 | 5 | 2 | 11 | 5 | 40 | 1 | 1 | 1 | 1 |
To apply for IIFCL Recruitment 2024, the candidate must have attained the age of 21 years and should not have attained the age of 30 years on November 30, 2024.
The candidates must have the required qualifications as described in the official notification of IIFCL Recruitment 2024. The stream-wise required qualification is given below-
For Project Financing, Stressed Asset Management-
Desirable–
Experience–
For Accounts-
Experience–
For Resource and Treasury-
Desirable–
Experience–
To read more details about the required qualifications and experience of more streams, candidates can visit the official notification of IIFCL Recruitment 2024.
The selected candidates for IIFCL Recruitment 2024 will be paid a monthly remuneration of Rs.44500 in the pay scale of Rs.44500 – 2500 (4) – 54500 -2850 (7) – 74450 – EB -2850 (4) – 85850 – 3300 (1) – 89150 (17 Years) applicable to Officers in Grade A and they will also be eligible for Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance, Family allowance, Special Allowance etc. as per rules in force from time to time.
The selected candidates for IIFCL Recruitment 2024, The selected candidates would be on probation for a period of 2 years which is extendable up to a maximum of 4 years at the discretion of IIFCL.
Place of Posting:
The selected candidates will be liable to be posted/transferred at the discretion of IIFCL to any office/verticals/subsidiaries of IIFCL anywhere in India, as per discretion and requirement of IIFCL, from time to time and on such terms and conditions as may be decided by IIFCL.
As given in the official notification of IIFCL Recruitment 2024, the candidates will be selected on the basis of an online examination and interview- Technical and Behavioural (Phase II). The structure of the Written Examination will be as follows:
| Section of Test | Type | No. of Questions | Max. Marks | Time |
| Reasoning | Objective | 25 | 25 | 60 minutes |
| Quantitative Aptitude | Objective | 25 | 25 | |
| English Language | Objective | 25 | 25 | |
| Current Affairs related to Financial Sector | Objective | 25 | 25 | |
| Total (Test 1) | 100 | 100 | ||
| Domain Knowledge* 1. Project Finance 2. Corporate Banking, Treasury 3. General Management 4. Corporate Governance in Banking Sector 5. Accounting and Taxation 6. Indian Economy 7. Financial/Banking System in India- Structure and Concerns, Financial Institutions 8. Laest RBI/SEBI Circulars, Guidelines on NBFCs, Project Finance, NPA etc. Annual reports of RBI, SEBI, IIFCL etc. | Objective | 50 | 100 | 60 minutes |
| Grand Total (Test 1 + Test 2) | 150 | 200 |
| Name of the Centres |
| Ahmedabad/ Gandhinagar |
| Bengaluru |
| Bhopal |
| Bhubaneswar |
| Chandigarh/Mohali |
| Chennai |
| Dehradun |
| Guwahati |
| Hyderabad |
| Jaipur |
| Jammu |
| Kolkata/Greater Kolkata |
| Lucknow |
| Mumbai/Navi Mumbai/ Thane/Greater Mumbai/MMR Region |
| Nagpur |
| New Delhi-NCR |
| Patna |
| Raipur |
| Ranchi |
| Thiruvananthapuram |
| Visakhapatnam |
Candidates who belong to the SC/ST PwBD category have to pay Rs.100 as an Intimation Charge and the rest of the others (UR/EWS/OBC) have to pay Rs.600 as an examination fee and intimation charges, as per the official notification of IIFCL Recruitment 2024.
The important dates of IIFCL Recruitment 2024 are stated below in the table-
| Events | Important Date |
| Opening of Online Registration Gateway/payment of fees | December 07, 2024 |
| Closing of On-line Registration Gateway /payment of fees | December 23, 2024 |
| Cut- off date for determining Eligibility Criteria with regard to age | November 30, 2024 |
| Cut-off date for determining Eligibility Criteria with regard to educational qualification / Post qualification Experience | November 30, 2024 |
| Tentative Date for Online Examination | January 2025* |
| Tentative Schedule of Interview | January /February 2025* |
| Declaration of Final Result | January / February 2025* |
Candidates who meet the eligibility criteria as given in the official notification of IIFCL Recruitment 2024 can apply online through the official website of IIFCL on or before the closing date. The other mode of application will not be accepted.
The closing date for submitting the online application is 23.12.2024.
There are some frequently asked questions regarding IIFCL Recruitment 2024 as given below-
Que 1. How many openings are available in IIFCL Recruitment 2024?
Que 2. What is the selection process according to IIFCL Recruitment 2024?
Que 3. What is the last date to submit the online application of IIFCL Recruitment 2024?
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