The IIFCL Grade A 2026 detailed notification has been released for a total of 37 vacancies, and candidates can apply online from 18th March 2026 to 10th April 2026. Aspirants interested in the IIFCL Grade A/B recruitment must go through the notification PDF before applying online, as it includes details about qualifications, age limit, exam dates, exam pattern, and more.
In this blog, we have provided all the important details, such as vacancies, the application process, salary, and the direct link to download the notification PDF.
When will the IIFCL Grade A/B notification release?
The IIFCL recruitment notification for the posts of Assistant Manager (Grade A) and Manager (Grade B) was released on 18th March 2026, and the registration process for the same has also started. The key details released through the detailed notification are as follows:
| Particulars | Details |
|---|
| Exam Name | IIFCL Grade A Recruitment 2026 |
| Conducting Body | India Infrastructure Finance Company Limited (IIFCL) |
| Post Name | Assistant Manager (Grade A) |
| Notification Status | Released |
| Total Vacancies | 37 |
| Application Start Date | 18th March 2026 |
| Application Last Date | 10th April 2026 |
| Official Website | iifcl.in |
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Download the IIFCL Grade A Notice 2026
The IIFCL Grade A and Grade B notifications have been released separately. Aspirants can download the PDFs through the direct links provided below.
When will the online application start for the IIFCL Grade A/B posts?
The online application process has started, and the last date to fill out the online application form is 10th April 2026. The important dates, including the exam date, are provided in the table below.
| Event | Date |
|---|
| Notification Release Date | 18 March 2026 |
| Online Application Start Date | 18 March 2026 |
| Online Application Last Date | 10 April 2026 |
| Exam Date | May/June 2026 |
How many vacancies has been released for IIFCL Grade A/B posts?
As per the released notification PDF, a total of 37 vacancies have been announced.
| Post | Vacancy Details | PwBD Reservation |
|---|
| Assistant Manager (Grade A) | UR: 11 SC: 08 ST: 02 OBC: 06 EWS: 06 Total: 33 | A: 2 B: 1 C: 1 D: 1 |
| Manager (Grade B) | UR: 02 SC: NA ST: 01 OBC: NA EWS: 01 Total: 04 | NA |
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What is the eligibility criteria to apply for the IIFCL Grade A post?
To apply for the IIFCL Grade A post, candidates must meet the basic eligibility conditions related to nationality, age limit, and educational qualification. The detailed IIFCL Grade A 2026 notification has been released along with the eligibility details.
What is the nationality criteria for IIFCL Grade A/B post?
As per the last detailed notification, the candidate must be a citizen of India to apply for the IIFCL Grade A post.
| Particular | Details |
|---|
| Nationality | Candidate must be a citizen of India |
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What is the age limit and relaxation for IIFCL Grade A?
The IIFCL Grade A and Grade B posts have different age limit criteria as of 28th February 2026. For the Grade A post, candidates must have attained the age of 21 years and must not have attained the age of 30 years. For the Grade B post, candidates must not have attained the age of 40 years on the same date. Candidates belonging to reserved categories are eligible for age relaxation as per Government of India guidelines.
| Post | Age Limit |
|---|
| Grade A | Candidates must have attained the age of 21 years and must not have attained the age of 30 years as on February 28, 2026. |
| Grade B | Candidates must not have attained the age of 40 years as on February 28, 2026. |
Age relaxation for the IIFCL Grade A and Grade B posts
The upper age limit is relaxable for candidates belonging to reserved categories such as SC, ST, OBC, PwBD, Ex-Servicemen, and children/family members of those who died in the 1984 riots. The table below shows the age relaxation along with the revised maximum age for both Grade A and Grade B posts.
| Category of Candidate | Age Relaxation | Grade A Maximum Age After Relaxation | Grade B Maximum Age After Relaxation |
|---|
| Scheduled Caste (SC) / Scheduled Tribe (ST) | 5 years | 35 years | 44 years |
| Other Backward Classes (OBC) – Non-Creamy Layer | 3 years | 33 years | 42 years |
| PwBD – Unreserved / EWS | 10 years | 40 years | 49 years |
| PwBD – OBC | 13 years | 43 years | 52 years |
| PwBD – SC / ST | 15 years | 45 years | 54 years |
| Ex-Servicemen | 5 years | 35 years | 44 years |
| Children / family members of those who died in the 1984 riots | 5 years | 35 years | 44 years |
What is the educational qualification require to apply for the IIFCL Grade A post?
The educational qualification and work experience for the IIFCL Grade A and Grade B posts differ based on the stream and level. For Grade A, candidates must have the required educational qualification along with at least 2 years of post-qualification experience in the officer cadre. For Grade B, candidates must also meet the same stream-wise qualification, but the experience requirement is higher, including at least 2 years in relevant areas and a minimum of 7 years of overall experience in the officer or executive cadre. For both posts, qualifications must be from recognized institutions, and only post-qualification experience will be counted.
| Post / Stream | Educational Qualification | Work Experience |
|---|
| Assistant Manager (Grade A) – Generalist | • Postgraduate degree/diploma in any discipline
• OR LLB / BA+LLB (5-year course)
• OR CA / CS / CMA (ICWA)
• OR B.Tech / B.E. | • Minimum 2 years post-qualification experience
• Experience in officer cadre
• In Banks / Financial Institutions / Govt. / PSUs / reputed organisations |
| Assistant Manager (Grade A) – Environment & Social Safeguard | • Degree/diploma in Environmental Management / Environmental Sciences
• OR M.Sc. in relevant subjects
• OR Postgraduate in Social Work / Sociology / Anthropology / Economics / Development Studies | • Minimum 2 years post-qualification experience
• Experience in officer cadre
• In Banks / Financial Institutions / Govt. / PSUs / reputed organisations |
| Manager (Grade B) – Generalist | • Postgraduate degree/diploma in any discipline
• OR LLB / BA+LLB (5-year course)
• OR CA / CS / CMA (ICWA)
• OR B.Tech / B.E. | • Minimum 7 years total experience
• At least 2 years in relevant financial sector roles
• Experience in Banks / Financial Institutions / PSUs / reputed corporates preferred
• Experience in officer/executive cadre or equivalent grade in Financial Institutions / Banks / PSUs |
| Manager (Grade B) – Environment & Social Safeguard | • Degree/diploma in Environmental Management / Environmental Sciences
• OR M.Sc. in relevant subjects
• OR Postgraduate in Social Work / Sociology / Anthropology / Economics / Development Studies | • Minimum 7 years total experience
• At least 2 years in relevant areas
• Preference for experience in environmental & social impact assessment
• Experience in implementing environmental & social management plans and safeguard documents |
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How to apply online for IIFCL Grade A posts?
Candidates can apply online for the IIFCL Grade A post only through the official IIFCL website. Before filling out the form, they should keep the required scanned documents ready, including the photograph, signature, left thumb impression, and handwritten declaration. They should also have a valid email ID, mobile number, and payment details ready. After registration, candidates need to fill in the application form, upload the documents, verify all details carefully, pay the application fee online, and submit the form. After successful submission, they should download and keep a copy of the application form and e-receipt for future use.
- Visit the website: Go to the official IIFCL website and click on the Apply Online link.
- Complete registration: Click on New Registration, then enter your name, contact details, and email ID to generate the registration number and password.
- Fill the form: Enter all personal, educational, and other required details carefully in the online application form.
- Upload documents: Upload the scanned photograph, signature, left thumb impression, and handwritten declaration in the prescribed format.
- Check details: Preview the complete application form and verify that all details and uploaded files are correct.
- Submit registration: Click on Complete Registration only after checking everything properly.
- Pay the fee: Open the Payment tab and pay the application fee through online mode.
- Final submission: Submit the application form after successful fee payment.
- Save proof: Download and keep a printout of the application form and e-receipt for future reference.
Apply Online for the IIFCL Grade A Post
What documents are required for the IIFCL Grade A online application process?
For the IIFCL Grade A online application process, candidates need to keep a few important documents ready before starting the form. These include the scanned copy of a recent passport-size photograph, signature, left thumb impression, and a handwritten declaration in the candidate's own handwriting in English. Along with this, candidates should also keep their valid email ID, mobile number, and online payment details ready to complete the application smoothly.
- Photograph: A recent passport-size colour photograph as per the prescribed size and format.
- Signature: Scanned signature done on white paper with black ink.
- Left thumb impression: Scanned left thumb impression on white paper with black or blue ink.
- Handwritten declaration: A handwritten declaration in English on white paper with black ink in the candidate's own handwriting.
- Email ID and mobile number: A valid personal email ID and mobile number for registration and future updates.
- Payment details: Debit card, credit card, internet banking, IMPS, cash card, or mobile wallet details for fee payment.
What is the application fee for IIFCL Grade A 2026?
The application fee for IIFCL Grade A 2026 varies according to the candidate's category. Candidates belonging to the SC, ST, and PwBD categories need to pay only the intimation charges, while candidates from all other categories have to pay both the examination fee and intimation charges. The fee must be paid in online mode only, and once paid, it will not be refunded under any circumstances.
| Category | Application Fee | Remarks |
|---|
| SC / ST / PwBD | Rs. 100 | Intimation Charges |
| Others including UR / EWS / OBC | Rs. 600 | Examination Fee and Intimation Charges |
What is the selection process for the IIFCL Grade A Assistant Manager post?
The selection process for the IIFCL Grade A Assistant Manager post includes 2 stages an online examination and an interview. Candidates are shortlisted based on their performance in the online exam and those who clear the cut-off are called for a technical and behavioural interview. The final selection is made using a combined score, with 40% weightage for the online exam and 60% for the interview.
The online exam has 2 tests covering Reasoning, Quantitative Aptitude, English Language, Financial Sector Current Affairs, and Domain Knowledge, with negative marking of 1/4 for wrong answers. Candidates must qualify both stages, and IIFCL may also conduct a Group Discussion or Psychometric Test if required.
| Stage | Details |
|---|
| Phase 1 | Online Examination (Objective Type) |
| Phase 2 | Interview (Technical and Behavioural) |
| Online Exam Marks | 200 marks |
| Interview Marks | 100 marks |
| Final Merit Basis | Combined marks of online exam and interview |
| Weightage | Online Exam: 40% and Interview: 60% |
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What is the exam pattern for IIFCL Grade A?
The IIFCL Grade A exam pattern includes an online objective test followed by an interview. The online examination carries 200 marks and is divided into two tests. Test 1 checks reasoning, quantitative aptitude, English language, and current affairs related to the financial sector, while Test 2 checks domain knowledge. There is negative marking in the online exam, and candidates who qualify are called for the interview stage.
| Test | Section of Test | Type | Questions/Marks | Time |
|---|
| 1 | Reasoning | Objective | 25/25 | 60 Minutes |
| Quantitative Aptitude | 25/25 |
| English Language | 25/25 |
| Current Affairs related to Financial Sector | 25/25 |
| Total (Test I) | 100/100 |
| 2 | Domain Knowledge (Project Finance, Corporate Banking, Treasury General Management, Risk Management, Corporate Governance in Banking Sector, Accounting and Taxation, Indian Economy, Financial / Banking System in India – Structure and concerns, Financial Institutions, Latest 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 I + Test II) | 150/200 | 120 Minutes |
Also Check: IIFCL Grade A Syllabus
What is the IIFCL Grade A salary ?
The IIFCL Grade A and Grade B posts offer an attractive pay scale along with multiple allowances, perquisites, and long-term career growth opportunities. The Grade A post comes with a starting basic pay of Rs. 44,500, while the Grade B post offers a starting basic pay of Rs. 55,200. In addition to the basic pay, selected candidates are eligible for Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance, Family Allowance, Special Allowance, and other benefits as per company rules. Both posts also come with probation, transfer liability across India, and pension benefits under the New Pension Scheme.
| Particulars | Grade A | Grade B |
|---|
| Starting Basic Pay | Rs. 44,500 per month | Rs. 55,200 per month |
| Pay Scale | Rs. 44,500 - 2,500 (4) - 54,500 - 2,850 (7) - 74,450 - EB - 2,850 (4) - 85,850 - 3,300 (1) - 89,150 | Rs. 55,200 - 2,850 (9) - 80,850 - EB - 2,850 (2) - 86,550 - 3,300 (4) - 99,750 |
| Career Span in Pay Scale | 17 years | 16 years |
| Approximate Cost to Company | Rs. 19 lakhs approx. | Rs. 23.5 lakhs approx. |
| Allowances | Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance, Family Allowance, Special Allowance, etc. | Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance, Family Allowance, Special Allowance, etc. |
| HRA | 15% of Basic Pay if lease facility is not availed | 15% of Basic Pay if lease facility is not availed |
| Pension Scheme | Defined Contribution New Pension Scheme (NPS) or any other scheme notified by Government of India | Defined Contribution New Pension Scheme (NPS) or any other scheme notified by Government of India |
| Probation Period | 2 years, extendable up to 4 years | 2 years, extendable up to 4 years |
| Posting / Transfer | Can be posted / transferred anywhere in India to any office / vertical / subsidiary of IIFCL | Can be posted / transferred anywhere in India to any office / vertical / subsidiary of IIFCL |
What allowances and benefits are included in the IIFCL Grade A salary?
The IIFCL Grade A salary includes Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Special Allowance. Along with these, candidates also get benefits such as leased accommodation facility in lieu of HRA, gratuity, leave fare concession, leave encashment, reimbursement of medical expenses, meal card, mobile, residential telephone, newspaper, eye refraction, household expenses, mobile handset charges, children education allowance, book grant, briefcase, furnishing allowance for residence, interest-free festival advance, and concessional loans for car, housing, travel, and personal computer/tablets.
The HRA is 15% of the basic pay if the lease facility is not availed. Grade A officers are also covered under the New Pension Scheme (NPS).
Can candidates get extra increments with the IIFCL Grade A salary?
Yes, candidates can get extra increments with the IIFCL Grade A salary. Candidates who possess JAIIB, CAIIB, or other professional qualifications may be given one or two additional increments in the pay scale as per the company's policy. Apart from this, the management may also grant up to two more increments in deserving cases. However, the grant of these additional increments is subject to the discretion of the management.
