India Infrastructure Finance Company Limited (IIFCL) has launched its much-awaited IIFCL Assistant Manager Recruitment 2024 for Grade A positions, offering 40 vacancies for eligible candidates. This recruitment drive is an excellent opportunity for fresh graduates and professionals seeking a promising career in the financial and infrastructure sectors. With positions available across various categories, including General, SC, ST, OBC, and EWS, this IIFCL recruitment opens the door for candidates from diverse backgrounds to apply.
The IIFCL Assistant Manager 2024 notification provides complete details about eligibility criteria, application process, selection procedure, and salary structure. Candidates who meet the age limit of 21 to 30 years and hold the necessary educational qualifications such as MBA, B.Tech, CA, and others can apply online through the official website, iifcl.in. The online application process begins on 7th December 2024 and ends on 23rd December 2024, giving ample time for interested candidates to submit their applications.
This Artical covers everything you need to know about the IIFCL Assistant Manager recruitment 2024, including important dates, vacancy details, exam pattern, selection process, and more. Whether you’re a graduate looking for an entry-level financial job or an experienced professional seeking growth in the infrastructure sector, this recruitment offers a rewarding career path. Read on to learn more about the IIFCL Assistant Manager vacancy 2024 and how you can apply for this prestigious opportunity!
IIFCL Assistant Manager Recruitment 2024 Notification Overview:
The IIFCL Assistant Manager 2024 role offers a highly competitive and attractive salary package, making it an excellent opportunity for eligible candidates. Below is an overview table highlighting the Details for the Assistant Manager position under the 2024 recruitment drive:
| Category | Details |
|---|---|
| Recruitment Organization | India Infrastructure Finance Company Limited (IIFCL) |
| Post Name | Assistant Manager (Grade A) |
| Advertisement Number | IIFCL/HR/2024/04 |
| Total Vacancies | 40 |
| Mode of Application | Online |
| Registration Process Start Date | 07th December 2024 |
| Registration Process End Date | 23rd December 2024 |
| Selection Process | • Preliminary Screening • Online Written Examination (200 marks) • Behavioral Examination • Personal Interview (100 marks) |
| Age Limit | 21 to 30 years |
| Official Website | https://www.iifcl.in/ |
| Official Notification PDF | Download PDF |
| Job Location | Across India |
| Helpline Number | 91-11-24662777 |
| Helpline Mail | information@iifcl.in |
IIFCL Assistant Manager Recruitment 2024 PDF:
India Infrastructure Finance Company Limited (IIFCL) has officially released the notification for the recruitment of Assistant Manager (Grade A) for the year 2024. This is an excellent opportunity for eligible candidates who wish to work with IIFCL. Interested candidates can apply online for the Group A Assistant Manager position by ensuring they meet the required age and qualification criteria.To learn more about the recruitment details, including eligibility, vacancies, application process, selection criteria, and important dates, please refer to the official notification PDF below.
IIFCL Assistant Manager Recruitment 2024 Important Dates:
The India Infrastructure Finance Company Limited (IIFCL). Recruitment 2024 online registration dates have been released. Below are the important dates related to the Assistant Manager (Grade A) Recruitment 2024.
| Event | Date |
|---|---|
| Notification Released Date | 6th December 2024 |
| Registration Process Start Date | 7th December 2024 |
| Registration Process Last Date | 23rd December 2024 |
| Online Fee Payment Date | 23rd December 2024 |
| Preliminary Examination (Tentative) | January 2025 |
| Behavioral Examination & Personal Interview (Tentative) | January/February 2025 |
| Declaration of Final Result (Tentative) | January/February 2025 |
IIFCL Assistant Manager Recruitment 2024 Vacancy Details:
The India Infrastructure Finance Company Limited (IIFCL) has released the vacancy details for the Assistant Manager (Grade A) post under the 2024 recruitment drive. Below is the category-wise distribution of the total 40 vacancies:
| Category | Total Vacancies |
|---|---|
| Scheduled Castes (SC) | 05 |
| Scheduled Tribes (ST) | 02 |
| Other Backward Classes (OBC) | 11 |
| General (UR) | 17 |
| Economically Weaker Sections (EWS) | 05 |
IIFCL Assistant Manager Recruitment 2024 Eligibility Criteria:
Candidates aspiring to apply for the IIFCL Assistant Manager (Grade A) position must meet the eligibility criteria outlined by the India Infrastructure Finance Company Limited (IIFCL). The eligibility parameters are as follows:
► IIFCL Assistant Manager Recruitment 2024 Educational Qualification:
- Minimum Qualification: Candidates must possess a Post-Graduate Degree in relevant disciplines such as Economics, Finance, Business Administration, or other equivalent fields from a recognized university or institution.
- Professional qualifications: Candidates with CA, CFA, CS, ICWA, MBA, or equivalent qualifications will be given preference.
► IIFCL Assistant Manager Recruitment 2024 Age Limit:
- Minimum Age: 21 years
- Maximum Age: 30 years
Cut-Off Date: The age will be calculated as of November 30, 2024.
► IIFCL Assistant Manager Recruitment 2024 Age Relaxation:
Relaxation in the upper age limit is applicable for candidates belonging to reserved categories as per government rules:
| Category | Relaxation |
|---|---|
| SC/ST | 5 years |
| OBC (Non-Creamy Layer) | 3 years |
| PwBD | 10 years |
| Ex-Servicemen | As per Government norms |
| Others (e.g., J&K domicile) | As per Government norms |
IIFCL Assistant Manager Recruitment 2024 Selection Process:
The selection process for the IIFCL Assistant Manager (Grade A) position is designed to assess candidates’ skills, knowledge, and overall suitability for the role. The process includes multiple stages, as detailed below:
- Preliminary Screening
- Online Written Examination (200 marks)
- Behavioral Examination
- Personal Interview (100 marks)
IIFCL Assistant Manager Recruitment 2024 Application Fee:
To complete the application process for the IIFCL Assistant Manager (Grade A) Recruitment 2024, candidates are required to pay a non-refundable application fee. The fee details are categorized based on the candidates’ reservation status as follows:
| Category | Application Fee |
|---|---|
| SC/ST and Ex-servicemen candidates | ₹ 100/- |
| General and OBC candidates | ₹ 600/- |
Note: (The application fee is non-refundable and must be paid online using Debit Card, Credit Card, Net Banking, or UPI. Ensure successful payment to complete the application process and keep the receipt for future reference.)
IIFCL Assistant Manager Recruitment 2024 Application Form link:
IIFCL Assistant Manager Recruitment 2024 Exam Pattern:
The exam pattern for the IIFCL Assistant Manager Recruitment 2024 is designed to assess candidates on various parameters, including general aptitude and domain-specific knowledge. The structure is as follows:
► Test I: General Aptitude (Objective)
| Section | Section | Section | Time |
|---|---|---|---|
| Reasoning | 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 | . |
► Test II: Domain Knowledge (Objective)
| Section | Section | Section | Time |
|---|---|---|---|
| • 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 Circulars. • Annual Reports. • Financial / Banking System in India. | 50 | 100 | 60 Minutes |
| Total (Test II) | 50 | 100 | . |
► Grand Total (Test I + Test II)
| Total Questions | Total Marks | Total Duration |
|---|---|---|
| 150 | 200 | 120 Minutes |
Key Details
- Exam Mode: Online
- Negative Marking: 1/4th marks deducted for incorrect answers.
IIFCL Assistant Manager Recruitment 2024 Exam Syllabus:
The IIFCL Assistant Manager (Grade A) Recruitment 2024 exam will consist of two major sections: Test I and Test II. Below is a detailed syllabus for both tests:
► Test I: General Awareness & Aptitude
- Reasoning Ability
- Logical Reasoning
- Verbal Reasoning
- Analytical Ability
- Syllogism
- Coding-Decoding
- Direction and Distance
- Blood Relations
- Quantitative Aptitude
- Number Series
- Simplification
- Percentage
- Average
- Ratio & Proportion
- Time and Work
- Speed and Distance
- Profit and Loss
- Data Interpretation
- English Language
- Reading Comprehension
- Error Spotting
- Sentence Correction
- Para Jumbles
- Cloze Test
- Vocabulary
- Current Affairs (Financial Sector)
- Financial and Economic News
- RBI/SEBI Guidelines and Policies
- Stock Market Trends
- Government Schemes Related to Finance
- Important Budget Proposals and Developments
- International Financial Institutions
► Test II: Domain Knowledge
- Project Finance
- Concepts and Basics
- Project Appraisal
- Risk Analysis in Project Finance
- Funding of Projects
- Corporate Banking & Treasury
- Types of Loans and Advances
- Treasury Management in Banking
- Corporate Banking Services
- General Management
- Organizational Behavior
- Human Resource Management
- Business Strategy
- Risk Management
- Types of Financial Risks
- Risk Management Frameworks
- Techniques for Mitigating Risks
- Corporate Governance in Banking Sector
- Governance Models
- Regulatory Frameworks
- Best Practices in Banking Governance
- Accounting and Taxation
- Basics of Accounting
- Financial Statements
- Taxation Laws in India
- Indian Economy
- Key Economic Indicators
- Growth & Development Strategies
- Economic Reforms and Policies
- Financial / Banking System in India
- Structure of Indian Financial System
- Key Financial Institutions (RBI, SEBI, IIFCL, etc.)
- Financial Regulations
- Latest RBI/SEBI Circulars
- Recent Policies
- Guidelines on NBFCs, Project Finance, NPA, etc.
- Annual Reports of RBI, SEBI, IIFCL
IIFCL Assistant Manager Recruitment 2024 Application Process: How to Apply?
To apply for the IIFCL Assistant Manager (Grade A) Recruitment 2024, follow these steps:
- Visit the Official Website: Go to the official IIFCL website: www.iifcl.in.
- Navigate to the Careers Section: On the homepage, find and click on the “Careers” or “Recruitment” section.
- Click on the Application Link: Look for the “IIFCL Assistant Manager Recruitment 2024” notification and click on the “Apply Online” link.
- Register Yourself: If you are a new user, click on the “New Registration” button. Provide the required personal details such as your name, email ID, mobile number, and create a password.
- Fill in the Application Form: Complete the online application form by entering your educational qualifications, work experience (if applicable), and other relevant details as per the instructions.
- Upload Documents: Upload scanned copies of your photograph, signature, and other necessary documents as per the specifications mentioned in the application.
- Pay the Application Fee: After filling in the form, proceed to make the payment for the application fee. The fee can be paid using Debit/Credit cards, Net Banking, or UPI. Remember, the fee is non-refundable.
- Submit the Application: Once all details are filled in and the payment is completed, review the application form for accuracy and click the “Submit” button.
- Take a Printout: After submission, download and print the confirmation page for your reference.
IIFCL Assistant Manager Recruitment 2024 Salary:
The salary structure for the Assistant Manager (Grade A) position in the India Infrastructure Finance Company Limited (IIFCL) is highly competitive and includes a lucrative pay scale along with various allowances and benefits. Here are the key details regarding the salary package:
► Salary Structure:
The Assistant Manager (Grade A) position at India Infrastructure Finance Company Limited (IIFCL) offers the following salary structure:
- Pay Scale: ₹28,150 – ₹55,600/- (Basic Pay)
- Grade Pay: As per IIFCL norms for Group A employees.
- Gross Monthly Salary: Estimated to range between ₹75,000 – ₹85,000/-, depending on the posting location and allowances.
► Additional Benefits (Allowances):
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- Special Allowances
- Medical Benefits
- Leave Travel Concession (LTC)
- Provident Fund and Pension Scheme
- Gratuity and Insurance
- Performance-Linked Incentives
- Relocation Assistance
IIFCL Assistant Manager Recruitment 2024 FAQs:
Q1. What is the salary for the IIFCL Assistant Manager (Grade A) 2024 position?
The starting basic pay is Rs. 40,000 per month, with additional allowances like Dearness Allowance (DA), House Rent Allowance (HRA), Special Allowances, Medical Benefits, and others as per the norms
Q2. How much time is allotted for the IIFCL Assistant Manager 2024 exam?
• Test I (General Awareness & Aptitude): 60 minutes
• Test II (Domain Knowledge): 60 minutes
(Both sections together amount to 2 hours for the online written examination.)
Q3. Is there negative marking in the IIFCL Assistant Manager 2024 exam?
Yes, there is negative marking in the IIFCL Assistant Manager 2024 online examination. For every wrong answer, 1/4th of the marks assigned to the question will be deducted.
Q4. What is the selection process for the IIFCL Assistant Manager Recruitment 2024?
• Preliminary Screening
• Online Written Examination (200 marks)
• Behavioral Examination
• Personal Interview (100 marks)
Q5. What is the total weightage of the IIFCL Assistant Manager Recruitment 2024 exam?
• Online Written Examination: 200 marks
• Personal Interview: 100 marks
Q6. How many vacancies are available for IIFCL Assistant Manager Recruitment 2024?
A total of 40 vacancies are available for the Assistant Manager (Grade A) position under IIFCL Recruitment 2024.
Q7. What is the minimum qualification for IIFCL Assistant Manager Recruitment 2024?
Candidates must have a Bachelor’s Degree in any discipline from a recognized university, along with the required age criteria. Specific domain knowledge in finance, banking, and related fields is an added advantage.
Q8. How can I apply for IIFCL Assistant Manager Recruitment 2024?
Interested and eligible candidates can apply online through the official IIFCL website (www.iifcl.in) from 7th December 2024 to 23rd December 2024. Ensure to fulfill the eligibility criteria and submit the required documents along with the application form.
Q9. What are the important dates for IIFCL Assistant Manager Recruitment 2024?
• Application Start Date: 7th December 2024
• Application End Date: 23rd December 2024
• Tentative Date for Online Exam: January 2025
• Tentative Interview Dates: January/February 2025
Q10. What is the job profile for the IIFCL Assistant Manager (Grade A) position?
The IIFCL Assistant Manager (Grade A) role primarily involves responsibilities related to project finance, corporate banking, treasury operations, risk management, and governance in the banking sector. Key duties include:
• Financial Analysis
• Project Appraisal
• Compliance & Reporting
• Strategy Development
• Cross-Departmental Coordination
Q11. What is the age limit for IIFCL Assistant Manager recruitment?
• Minimum Age: 21 years
• Maximum Age: 30 years
Q12. What are the application fees for IIFCL Assistant Manager recruitment?
• General and OBC Candidates: ₹600
• SC/ST/PWD Candidates: ₹100
Q13. Are there any additional benefits or allowances for the IIFCL Assistant Manager role?
• Dearness Allowance (DA)
• House Rent Allowance (HRA)
• Medical Benefits,
• Leave Travel Concession (LTC)
• Provident Fund and Pension Scheme
• Gratuity and Insurance
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