IIFCL Assistant Manager Salary 2024, Job Profile, Pay Scale

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    IIFCL Grade A Salary 2024

    Government jobs have a high popularity rate in India for some time now. This is true especially among Indian youth. One of the most important reasons for this popularity is the high salary that they offer along with additional benefits. Keeping this in mind, let’s talk more about the IIFCL Grade A salary .

    If you are one of those people who are eager for the IIFCL Grade A Notification 2024, you should know that while waiting for the 2024 recruitment drive to begin, you can brush up on the basic of the last notification to get an insight into what will await you. The IIFCL Grade A Exam is an important milestone that aspirants to this opportunity need to know. The notification will provide a lot of details about the exam including the IIFCL Grade A Exam Pattern and Syllabus and other information like the IIFCL Exam Date and Eligibility Criteria to name just a few. Your basic salary as an IIFCL Grade A Recruit will be around Rs 28,150/-. This means that your pay amounts to a gross monthly salary of Rs. 80,000/- and to a CTC of Rs. 18 lakhs.

    If you want more information on the IIFCL Assistant Manager salary for this year, take a look at the table below.

    PostSalary
    Assistant Manager

    Pay Scale : Rs. 44500 - 2500 (4) - 54500 -2850 (7) - 74450 - EB -2850 (4) - 85850 - 3300 (1) - 89150 (17 Years)

    Gross Salary : Rs. 44500/- p.m.

    Please Note:

    Candidates who possess JAIIB/CAIIB/Professional Qualification may be given additional one/two increments in the pay scale given above as per IIFCL’s policy.

    In the case of deserving candidates also, the management may grant further increments (maximum two) in the scale of pay fixed for this Grade.

    Perks & Allowances

    Apart from the gross salary mentioned above, an IIFCL Grade A Officer is also entitled to receive the following perks and allowances-

    • Leased accommodation facility (in lieu of HRA)
    • Gratuity
    • Leave Fare Concession
    • Leave Encashment
    • Reimbursement of Medical Expenses
    • Conveyance Facility
    • Mobile, Residential, Telephone, Newspaper, Household Expenses
    • Mobile Handset Charges
    • Children’s Education

    IIFCL Assistant Manager Probation

    All the candidates selected as Assistant Managers in Grade A will be required to undergo a probationary period of 2 years from the date of joining. Furthermore, IIFCL will have the authority to extend this period for up to a period of 4 years.

    Note:

    All updates or notices regarding this recruitment will be made available on the IIFCL website. If you are interested in applying for the position, you need to constantly check the website for more details.

    Conclusion

    The salary is an important factor of concern for aspirants of any job across any sector. If you are applying for a job, not just for this IIFCL Grade A position, but for any sector, you need to understand the salary details better. Regarding this position, as you go up the ladder in this position, you can only expect your salary to increase significantly over time. So as not to miss this opportunity, prepare for the IIFCL Assistant Manager (Grade A) exam 2024, with our exclusive IIFCL Online Course for Assistant Manager and our invaluable IIFCL Assistant Manager Free Mock Tests to ensure top-class preparation and confidence for success in your IIFCL AM examination endeavours.

    IIFCL Gr A recruitment - Free Mock Tests

    IIFCL Grade A 2024 Section 1 Mock Test 1

    IIFCL Grade A 2024 Section 1 Mock Test 1

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    IIFCL Grade A Section II Mock Test 1

    IIFCL Grade A Section II Mock Test 1

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    Iifcl Am Salary FAQs

    An IIFCL AM (Assistant Manager) may be posted and transferred to any location in India where IIFL has its Offices. The recruited officers may be posted to any department of IIFCL as well.
    Yes, the IIFCL Assistant Managers are awarded allowances such as Leased accommodation facility (in lieu of HRA), Gratuity, LFC, Leave Encashment, Reimbursement of Medical Expenses, Conveyance Facility, Mobile, Residential, Telephone, Newspaper, Household Expenses, Mobile Handset Charges, Children’s Education and more.
    Yes, you have to undergo a probation of 2 years in IIFCL from the date of joining. Furthermore, IIFCL will have the discretion to extend this probationary period up to a maximum period of 4 years.
    All employees who are appointed for the position of an IIFCL Grade A Officer will receive a basic pay of Rs. 28,150/-, and a gross monthly salary of Rs. 80,000/- (approx.). Furthermore, the approximate CTC of a Grade A Assistant Manager in IIFCL will be around Rs. 18 lakhs.

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