The IIFCL Grade A 2026 recruitment is one of the most awaited opportunities for candidates aiming to start their careers with the Indian Infrastructure Finance Company Limited. With 37 vacancies announced for the Grade A and Grade B posts, aspirants must understand the exam pattern, selection stages, and online exam structure. Knowing the exam pattern in detail helps candidates plan their preparation, manage time effectively, and focus on important sections.
In this blog, we have provided all the details about the IIFCL Grade A exam pattern, online marking scheme, interview process, exam dates, and more.
What is the exam pattern for IIFCL Grade A online exam?
The online exam for IIFCL Grade A is objective in nature and divided into 2 tests, Test 1 covering general subjects and Test 2 focusing on domain knowledge. Each test has a separate time duration, and the total marks for the online exam are 200. Candidates are tested on reasoning, quantitative aptitude, English language, current affairs, and banking or finance-related knowledge.
| Test | Section | Type | Questions/Marks | Time |
|---|
| Test 1 | Reasoning | Objective | 25/25 | 60 min |
| Quantitative Aptitude | Objective | 25/25 |
| English Language | Objective | 25/25 |
| Current Affairs (Financial Sector) | Objective | 25/25 |
| Total Test I | 100/100 |
| Test 2 | Domain Knowledge (Banking, Finance, Management, Project Finance, Treasury, Corporate Governance, Risk Management, Accounting, Indian Economy, RBI/SEBI Circulars, NBFC guidelines, Annual Reports) | Objective | 50/100 | 60 min |
| Grand Total | 150/200 | 120 min |
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What is the selection process for IIFCL Grade A 2026?
As per the released notification PDF, the IIFCL Grade A selection process for the Assistant Manager post includes an online exam and an interview. Candidates are first shortlisted based on their online exam performance, followed by the interview. IIFCL may also conduct additional assessments, such as a Group Discussion or Psychometric Test, if required.
| Phase | Description | Weightage | Notes |
|---|
| Phase I | Online Examination | 40% | Objective test covering reasoning, quantitative aptitude, English, current affairs, and domain knowledge. |
| Phase II | Interview (Technical & Behavioural) | 60% | Conducted in Hindi or English to assess problem-solving, communication, and professional skills. |
| Additional Assessment | GD or Psychometric Test (if required) | - | May be conducted to check interpersonal and behavioural skills. |
| Final Selection | Combined marks of Phase I & II | 100% | Merit list prepared with weightage considered. |
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When will the IIFCL Grade A exam be conducted?
The IIFCL Grade A 2026 online exam is tentatively scheduled for May/June 2026, as per the schedule released along with the notification PDF. The online application process started on 18th March 2026 and will close on 10th April 2026, according to the short notice. Candidates must submit their applications before the last date to be eligible for the exam.
| Event | Date (2026) |
|---|
| Opening of Online Registration / Payment of Fees | 18th March 2026 |
| Closing of Online Registration / Payment of Fees | 10th April 2026 |
| Cut-off date for Age Eligibility | 28th February 2026 |
| Cut-off date for Educational Qualification / Post-Qualification Experience | 28th February 2026 |
| Tentative Online Examination | May/June 2026 |
| Tentative Interview | June/July 2026 |
| Declaration of Final Result | July/August 2026 |
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When will the IIFCL Grade A interview be conducted?
The IIFCL Grade A interview is the second stage of the selection process for Assistant Manager and Manager posts. Candidates are shortlisted based on their performance in the Phase 1 online examination as per the cut-off decided by IIFCL. The interview is expected to be held in June/July 2026 and carries 60% weightage in the final selection, while the online exam carries 40%. The final merit list is prepared based on combined scores, and candidates must qualify both stages to be selected.
- Shortlisting Criteria: Based on Phase 1 online exam marks as per IIFCL cut-off
- Interview Schedule: Tentatively June/July 2026
- Interview Marks: 100 marks with evaluation of technical and behavioural aspects
- Language Option: Hindi or English as per candidate choice
- Call Letter: Downloaded from the official IIFCL website after shortlisting
- Document Verification: Original documents along with self-attested copies required
- Additional Assessments: Group Discussion or Psychometric Test may be conducted if required
- Final Selection: Based on combined marks of online exam (40%) and interview (60%), subject to qualifying both stages
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