Get Hired as Assistant Manager at IIFCL: 2023 Recruitment Notification

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India Infrastructure Finance Company has released the IIFCL Assistant Manager recruitment notification 2023 on its official website. The notification includes the important information about the opening of the online registrations that will begin on March 11, 2023. All eligible candidates can send in their applications till April 02, 2023. 

Make sure to read this blog till the end to  acquaint  yourself with important information related to IIFCL like important dates, eligibility criteria, application fees, selection process, etc. 

IIFCL Assistant Manager Recruitment 2023

Notification PDF details of IIFCL Recruitment 2023

According to the notification, there are a total of 26 vacancies. The recruitment process will be conducted in two phases – an Online Examination and an Interview. 

Want to read more about the process, below is the link to the IIFCL Grade A Notification PDF. 

IIFCL AM Recruitment 2023 PDF

Brief Overview Of IIFCL Recruitment 2023

The India Infrastructure Finance Company Limited (IIFCL) is a leading infrastructure financing company in India. It was established in 2006 by the Indian government with the objective of providing long-term financial assistance to infrastructure projects. IIFCL is a wholly-owned government company that has been instrumental in providing funding to various infrastructure projects across the country.

For more information check out the below mentioned table.

Name of Organization India Infrastructure Finance Company Ltd
Name of ExamIIFCL Exam 2023
PostAssistant Manager grade A
Total no. Or Vacancies 26
Category Government Job
Location Pan India
Official Website www.iifcl.in
Mode of application Online

IIFCL Recruitment: Official Dates To Bookmark 

Now candidates can easily remember all the dates and schedule themselves by bookmarking these important dates. 

Notification Release DateMarch 01, 2023
Applying Online Date StartMarch 11, 2023
Last Date to Apply for the Exam April 02, 2023

Steps to apply for IIFCL Recruitment 2023

If you’re interested in applying for IIFCL recruitment in 2023, here are the steps you need to follow:

  1. Visit the official website of IIFCL at https://iifcl.org/.
  2. Click on the “Career” section on the homepage.
  3. Look for the latest IIFCL recruitment notification or else you can click on the direct link .
  4. Read the notification carefully and check if you meet the eligibility criteria for the post.
  5. If you meet the eligibility criteria, click on the “Apply Online” link.
  6. Fill in the required details in the application form carefully.
  7. Upload the required documents such as your photograph, signature, and educational qualification certificates.
  8. Pay the application fee online using the prescribed mode of payment.
  9. After submitting the application form, take a printout of the confirmation page for future reference.

IIFCL Recruitment 2023: Application Fees 

The India Infrastructure Finance Company Limited (IIFCL) Recruitment 2023 application fees will vary based on the category of the applicant. General and OBC candidates will be required to pay an application fee of Rs. 500, while SC/ST/PWD candidates are exempted from paying any application fee. 

The payment can be made online using a debit card, credit card, or internet banking facility. It is important to note that the application fee is non-refundable under any circumstances. Candidates should ensure that they have made the payment before submitting the application form, as incomplete applications or those without the application fee will not be considered for further processing.

IIFCL Recruitment 2023: Vacancy

According to the recent notification by IIFCL the total number of vacancies is 26 for the post of Assistant Manager grade A. Check out the below-mentioned table for more details. 

IIFCL RECRUITMENT 2023NO. OF VACANCIES 
UR08
ST02
SC04
OBC08
EWS04
Total26

Eligibility Criteria for IIFCL Recruitment 2023:

Candidates who wish to apply for the post of Assistant Manager in IIFCL must meet the following eligibility criteria:

  • The candidate must have a minimum percentage in graduation from a recognized university.
  • The age of the candidate should be between 21 to 30 years as on February 28, 2023.
  • The candidate must be an Indian citizen.

IIFCL Recruitment 2023: Educational Qualifications

The most important aspects to be considered while applying for the exam is its eligibility criteria. Make sure to check out the eligibility criteria before applying for the IIFCL Exam. Here, below we have mentioned the eligibility criteria. 

  • Candidates must be Post-Graduate in any discipline/MBA/PGDM/LLB/ BA+LLB (5 years)/CA/B.Tech/B.E.
  • Applicants must have one year of experience working as an officer in the financial industry, banks, financial institutions, PSUs, or well-known corporations.

IIFCL Recruitment 2023: Age limit

According to IIFCL information, there’s an age limit for the position of Assistant Manager Grade A. Candidates in between age limit can apply for the exam. 

  • Minimum: 21 years
  • Maximum: 30 years

Furthermore, candidates belonging to the reserved categories will be eligible for relaxation in the upper age limit.

IIFCL Recruitment 2023: Exam Pattern

The IIFCL Assistant Manager will be chosen through a baseline Screening Procedure, Written Exam, Behavior Test, and Interview round, according to the official IIFCL Grade A notification PDF.

  • Online Examination: The online examination will be conducted for all the eligible candidates. The online examination will consist of objective type questions from various subjects such as Reasoning, English, Quantitative Aptitude, and General Awareness.

The Online Exam is divided into 2 sections, of which:

  1.  The first section is Quant, Reasoning, English, etc.
  2.  The second section is Domain specific. 
  • Interview: The shortlisted candidates from the online examination will be called for an interview. The interview will be conducted to evaluate the candidate’s knowledge, skills, and experience in the relevant field.

Salary and Benefits for IIFCL Recruitment 2023:

Just like every government job, IIFCL offers a handsome salary to the candidates selected as Assistant Managers in Grade A. The salary for the post of Assistant Manager will be in the range of:  Rs. 28150-1550(4) — 34350 -1750(7) —46600—EB — 1750(4) — 53600 —2000(1) -55600 (17 years). 

The basic salary of an Assistant Manager in IIFCL will be Rs. 28,150/-, and the gross monthly salary will be Rs. 80,000/-. Furthermore, the approximate CTC of a Grade A Assistant Manager in IIFCL will be around Rs. 18 lakhs.

Not only this, but the selected candidates will also be entitled to receive various benefits and perks such as Medical Insurance, Provident Fund, Gratuity, Leave Encashment, etc.

Why IIFCL Recruitment 2023 is a Great Opportunity for Job Seekers?

IIFCL recruitment 2023 is a great opportunity for young professionals who are looking for a challenging and rewarding career in the infrastructure finance sector. 

IIFCL is a well-established company that has been providing funding to various infrastructure projects across the country. Working with IIFCL will provide a platform for young professionals to learn and grow in the field of infrastructure finance.

Therefore, this is a good chance for candidates who have been eagerly waiting for IIFCL recruitment, and they should make the most of it by applying before the deadline.

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