IIFCL Assistant Manager Recruitment 2024
Overview
The India Infrastructure Finance Company Limited (IIFCL) has announced the recruitment of Assistant Managers (Grade A) for 40 vacancies across multiple streams. This recruitment drive is an excellent opportunity for qualified and motivated professionals to contribute to the infrastructure sector under this prestigious Government of India enterprise. Interested candidates can apply online through the official IIFCL website.
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Advt. No.: IIFCL/HR/2024/04
Important Dates
| Event | Date |
|---|---|
| Opening of Online Registration | December 7, 2024 |
| Closing of Online Registration | December 23, 2024 |
| Cut-off Date for Age/Eligibility | November 30, 2024 |
| Online Examination (Tentative) | January 2025 |
| Interview Schedule (Tentative) | January/February 2025 |
Application Fee
| Category | Fee (INR) |
|---|---|
| General/OBC/EWS | 600 |
| SC/ST/PwBD | 100 |
Eligibility Criteria
| Criteria | Details |
|---|---|
| Educational Qualification | Relevant degree/post-graduate qualifications as specified for each stream in the official notification. |
| Age Limit | Minimum 21 years, Maximum 30 years as of November 30, 2024 (age relaxation as per Govt. norms). |
Vacancy Details
| Post Name | Category-wise Vacancies | Total Vacancies |
|---|---|---|
| Assistant Manager (Grade A) | UR: 17, SC: 5, ST: 2, OBC: 11, EWS: 5 | 40 |
Salary IIFCL Assistant Manager Recruitment 2024
The selected candidates will receive a starting basic pay of ₹44,500 per month under the pay scale of ₹44,500 – ₹89,150. Additionally, allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), and other perks will be provided. The total cost to the company (CTC) is approximately ₹19 lakhs per annum.
Selection Procedure
The selection process consists of two phases:
Phase I – Online Examination:
- Objective test of 200 marks, including reasoning, quantitative aptitude, and domain knowledge.
Phase II – Interview:
- Candidates shortlisted based on Phase I will be called for an interview, which carries 100 marks.
The final selection will be made based on merit, with a weightage of 40% for the online exam and 60% for the interview.
Syllabus for Online Examination
The examination consists of two sections:
Phase I – Online Examination (Objective Type)
Test I – General Aptitude (100 Marks)
| Subject | Questions | Marks | Time |
|---|---|---|---|
| Reasoning | 25 | 25 | 60 minutes |
| Quantitative Aptitude | 25 | 25 | |
| English Language | 25 | 25 | |
| Current Affairs (Financial) | 25 | 25 |
Test II – Domain Knowledge 100 Marks: Time 60 Min
| Topics | Questions | Marks |
|---|---|---|
| Project Finance, Corporate Banking, Treasury | 50 | 100 |
| General Management | ||
| Risk Management | ||
| Corporate Governance in Banking Sector | ||
| Accounting and Taxation | ||
| Indian Economy | ||
| Financial / Banking Systems in India – Structure and Concerns | ||
| Regulatory Circulars and Guidelines from RBI/SEBI/NBFCs/Project Finance | ||
| NPA Management and Annual Reports of RBI, SEBI, and IIFCL |
Phase II – Interview
- Behavioral and Technical Interview: Based on candidate’s performance in Phase I.
- Weightage: 40% for Online Exam and 60% for Interview.
How to Apply IIFCL Assistant Manager Recruitment 2024
Candidates can apply online through the official website of IIFCL: www.iifcl.in.
Steps to Apply:
- Visit the official website and click on “Apply Online.”
- Register with your email and contact details to get your login credentials.
- Fill out the application form and upload the required documents.
- Pay the application fee online.
- Submit the application before the deadline.
Important Links
| Action | Link |
|---|---|
| Apply Online | Click Here |
| Notification | Download Here |
| Telegram Group | Join Now |
| WhatsApp Group | Join Now |
| Official Website | Click Here |
FAQs IIFCL Assistant Manager Recruitment 2024
1. What is the last date to apply for IIFCL Assistant Manager Recruitment 2024?
The last date for online application submission is December 23, 2024.
2. What is the age limit for this recruitment?
Candidates must be between 21 and 30 years of age as of November 30, 2024.
3. What is the selection process?
The recruitment involves an online examination and an interview.
4. What is the salary for Assistant Managers at IIFCL?
The starting basic pay is ₹44,500, with a total CTC of approximately ₹19 lakhs per annum.
Head Office Address
India Infrastructure Finance Company Limited
5th Floor, Plate A & B, Office Block 2,
NBCC Towers, East Kidwai Nagar,
New Delhi – 110023
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IIFCL Assistant Manager Recruitment 2024