IIFCL Assistant Manager 2024 Recruitment
India Infrastructure Finance Company Limited (IIFCL) has released the IIFCL Assistant Manager 2024 Recruitment Notification on its official website, www.iifcl.in. This recruitment drive is conducted to fill 40 vacancies for the post of Assistant Manager Grade A. The online application window closes on 23rd December 2024. The examination for this position is scheduled to take place in January 2025, providing aspiring candidates with ample time to prepare. Interested applicants are encouraged to apply online and seize this opportunity to build a rewarding career in the government sector.
IIFCL Assistant Manager 2024 Exam Date
The IIFCL Assistant Manager 2024 Exam is scheduled to be held in January 2025. Candidates who have successfully applied for the position will be required to appear for the written exam on the designated date. It is crucial for applicants to keep an eye on the official website for any updates or changes regarding the exam schedule. This exam will assess the candidates’ knowledge and skills required for the role, so it is recommended to start preparing early to ensure success.
Parameters | Details |
Organization | India Infrastructure Finance Company Ltd. |
Exam Name | IIFCL Assistant Manager 2024 |
Post | Assistant Manager Grade A |
Vacancies | 40 |
Exam Date | January 2025 |
Job Location | All India |
Official Website | www.iifcl.in |
IIFCL Assistant Manager 2024 Admit Card
The IIFCL Assistant Manager 2024 Admit Card will be released a few weeks before the exam date. Candidates who have successfully submitted their applications will be able to download their admit cards from the official website www.iifcl.in. The admit card will contain important details such as the exam date, time, venue, and instructions for the exam day. It is essential for candidates to carry the printed admit card along with a valid photo ID to the exam center.
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IIFCL Assistant Manager Notification 2024
The IIFCL Assistant Manager Recruitment presents a valuable opportunity for individuals interested in the infrastructure finance sector. With 40 Grade A vacancies, IIFCL offers a competitive salary, benefits, and career growth. Eligible candidates must meet specific educational and professional criteria. The application process is online, and candidates must complete their registration by 23 December 2024.
Important Dates for IIFCL Assistant Manager
Check the important dates for the IIFCL Assistant Manager in the table below.
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Event | Date |
Notification Release Date | 6th December 2024 |
Application Start Date | 7th December 2024 |
Last Date to Apply | 23rd December 2024 |
Exam Date | January 2025 |
IIFCL Assistant Manager Vacancy 2024
The IIFCL Assistant Manager recruitment is for a total of 40 vacancies distributed across different categories. Check the vacancy bifurcation in the table below.
Here is the table for the IIFCL Assistant Manager Recruitment 2024:
Category | Number of Vacancies |
General | 13 |
OBC | 5 |
SC | 4 |
ST/EWS | 2 |
PWD | 4 |
Ex-Serviceman | 3 |
Total | 40 |
IIFCL Assistant Manager Apply Online 2024
The IIFCL Assistant Manager Recruitment 2024 application process is closing today, 23 December 2024. Candidates interested in applying must complete their registration through the direct Apply Online link provided. Ensure you meet the eligibility criteria before proceeding, as you will need to fill in the necessary details, upload documents, and pay the application fee to complete your submission.
How to Apply for IIFCL Assistant Manager 2024?
The application process for the IIFCL Assistant Manager 2024 will commence on 7th December 2024. Follow these steps to complete your application process:
- Visit the official website of IIFCL at www.iifcl.in.
- Click on the recruitment section and locate the IIFCL Assistant Manager 2024 application link.
- Fill in your personal, academic, and professional details carefully.
- Upload the required documents, including your photograph and signature.
- Pay the applicable application fee.
- Submit your application and take a printout for future reference.
Application Fees for IIFCL Assistant Manager 2024
Category | Application Fee |
UR/EWS/OBC | ₹500/- |
SC/ST/PwD | NIL |
Eligibility Criteria for IIFCL Assistant Manager 2024
The IIFCL Assistant Manager 2024 recruitment offers a fantastic opportunity for individuals aspiring to work in a prestigious government organization. Ensure you meet the eligibility criteria and apply before the deadline.
Educational Qualification
Candidates must hold a Post-Graduate degree in any discipline, MBA/PGDM, LLB, BA+LLB (5 years), CA, B.Tech, or B.E. Additionally, they should have at least one year of experience in an officer cadre role within the financial sector, banks, financial institutions, PSUs, or reputed corporates.
Role | Educational Qualification | Minimum Experience | Area of Experience |
Project Financing, Stressed Asset Management | Post-Graduate Degree in Management (Finance/Banking & Finance) or CA/CMA | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Project financing, corporate credit appraisals, stressed asset management, recovery, infrastructure sector experience desirable. |
Accounts | CA/CMA | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Experience in accounting and taxation-related areas. |
Resource and Treasury | Post-Graduate Degree in Management (Finance/Forex/Banking) or CA/CMA | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Experience in treasury functions, asset-liability management, settlements, reconciliation, forex, fund-raising, institutional resource mobilization. |
Legal | LLB (Desirable: LLM) | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs/Law firms | Law Officer experience in Banks/Financial Institutions or Judicial Services, or as an Advocate in a law firm after enrollment under the Advocates Act, 1961. |
Secretarial Functions | Qualified Company Secretary (CS) | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Company secretarial compliance, corporate governance, conducting board meetings, and related works. |
Corporate Social Responsibility | Post-Graduate Degree/Diploma in CSR or Social Work | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Handling CSR-related activities. |
Environment and Social Safeguard | Post-Graduate Degree/Diploma in Environmental Management, Social Work, Sociology, etc. | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Environmental and social impact assessment, environmental safeguards document preparation, and implementation of management plans. |
Risk Management | Post-Graduate Degree in Management (Finance/Banking) or CA (Desirable: FRM Certification) | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Risk management, ALM function, credit/market risks, credit monitoring, or related work. |
Procurement | Postgraduate Degree/Diploma in any discipline | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Administration/Procurement in Govt./PSUs, experience with GeM portal and General Financial Rules of GoI. |
Human Resource | Post-Graduation Degree/Diploma in HR/Personnel Management | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Core HR functions: recruitment, salary management, training, and development. Experience in Govt./PSU/PSBs is desirable. |
Research and Analysis | Post-Graduation Degree/Diploma in Economics/Statistics | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Economic research, banking, financial sector analysis, policy formulation, and macro trends. |
Rajbhasha | Post-Graduate Degree/Diploma in Hindi/Hindi Translation or English/Sanskrit/Economics | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Translation (English-Hindi) experience, shorthand/typing in Hindi, and knowledge of Government procedures regarding official language. |
Compliance and Audit | Postgraduate Degree/Diploma in any discipline (Desirable: CISA, CIA) | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Experience in compliance, audit, internal audit, accounting, IT, data analytics, forensic investigation. |
Corporate Communications | Post-Graduation in Corporate Communication, Mass Communication, Journalism, etc. | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Experience in media, content creation, public relations, or managing government communication activities. |
General | Postgraduate Degree/Diploma in any discipline or CA/B.Tech/LLB | At least 1 year in officer cadre in Banks/Financial Institutions/Govt./PSUs | Preference for candidates with work experience in banking and finance. |
Age Limit
As of 30th November 2024, candidates must meet the following age criteria:
- Minimum Age: 21 years
- Maximum Age: 30 years
Selection Process for IIFCL Assistant Manager 2024
The selection process for IIFCL Assistant Manager 2024 involves the following stages:
- Preliminary Screening
- Written Examination
- Behavioral Examination
- Interview
IIFCL Assistant Manager Exam Pattern
To qualify for the IIFCL Assistant Manager role, candidates must clear an online examination followed by an interview. The online test consists of multiple sections, including Reasoning, Quantitative Aptitude, English Language, Current Affairs (with a focus on the financial sector), and Domain Knowledge.
- The exam will have a total of 150 questions worth 200 marks.
- The Domain Knowledge section holds significant weightage, with 50 questions carrying 100 marks (2 marks per question).
- Additionally, a penalty of 0.25 marks will be applied for each incorrect answer.
Test | Section | No. of Questions | Maximum Marks | Duration |
Test I | Reasoning | 25 | 25 | 60 minutes |
Quantitative Aptitude | 25 | 25 | ||
English Language | 25 | 25 | ||
Current Affairs (Financial Sector) | 25 | 25 | ||
Total (Test I) | 100 | 100 | 1 hour | |
Test II | Domain Knowledge | 50 | 100 | 60 minutes |
Total (Test I + Test II) | 150 | 200 | 2 hours |
IIFCL Assistant Manager Syllabus
The exam covers essential topics, divided into general sections and domain-specific knowledge. Candidates should prepare for the following:
- General Sections:
- Reasoning
- Quantitative Aptitude
- English Language
- Current Affairs (with a focus on the financial sector)
- Domain Knowledge (Indicative Topics):
- Project Finance
- Corporate Banking and Treasury
- General Management
- Risk Management
- Corporate Governance in the Banking Sector
- Accounting and Taxation
- Indian Economy
- Financial/Banking System in India
- Latest RBI/SEBI Guidelines, Circulars on NBFCs, Project Finance, NPAs, etc.
IIFCL Assistant Manager Exam Centers
Candidates must select their preferred exam center while applying. IIFCL reserves the right to reallocate centers if required. Changes in exam centers, dates, or sessions will not be entertained. Below is the tentative list of centers:
Sr. No. | Exam Center |
1 | Jaipur |
2 | Bhopal |
3 | Patna |
4 | Dehradun |
5 | Visakhapatnam |
6 | Ahmedabad/Gandhinagar |
7 | Thiruvananthapuram |
8 | Bengaluru |
9 | Chandigarh/Mohali |
10 | Bhubaneswar |
11 | Chennai |
12 | Kolkata/Greater Kolkata |
13 | Lucknow |
14 | Mumbai/Navi Mumbai/MMR |
15 | Nagpur |
16 | New Delhi – NCR |
17 | Raipur |
18 | Ranchi |
19 | Hyderabad |
20 | Guwahati |
21 | Jammu |
Salary for IIFCL Assistant Manager
Selected candidates will receive an attractive pay scale along with additional perks and allowances.
Pay Scale | Gross Monthly Salary (Approx.) |
₹28,150-1,550(4)-34,350-1,750(7)-46,600-EB-1,750(4)-53,600-2,000(1)-55,600 (17 years) | ₹80,000/- |
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