IIFCL Assistant Manager Recruitment 2024: The India Infrastructure Finance Company Limited (IIFCL) has released the recruitment notification for 40 Assistant Manager (Grade-A) posts. The notification was released on December 6, 2024. The recruitment process provides a good opportunity for candidates to get into the infrastructure finance sector.
The online application process will start from December 7 to December 23, 2024. This article details the recruitment notification, eligibility criteria, application process, selection methodology, and more.
Overview Of IIFCL Recruitment 2024
| Details | Information |
|---|---|
| Recruitment Organization | India Infrastructure Finance Company Limited (IIFCL) |
| Post Name | Assistant Manager (Grade-A) |
| Total Vacancies | 40 |
| Job Location | Pan India |
| Application Mode | Online |
| Official Website | iifcl.in |
Important Dates
| Event | Date |
|---|---|
| Notification Date | December 6, 2024 |
| Start Date for Online Applications | December 7, 2024 |
| Last Date to Apply | December 23, 2024 |
Application Fee Structure
The application fee depends on the category of the candidate:
| Category | Application Fee (INR) | Intimation Charges (INR) | Total Fee (INR) |
|---|---|---|---|
| General/OBC/EWS | 500 | 100 | 600 |
| SC/ST/PwBD | Nil | Nil | Nil |
Vacancy Distribution and Qualifications
Recruitment notification has stated that the total of 40 vacancies is divided among the categories as follows:
- UR: 17
- SC: 5
- OBC: 11
- EWS: 5
Educational Qualification
Candidates are required to hold one of the following qualifications from an accredited institution:
- PG
- MBA
- PGDM
- LLB
- BA+LLB (5 years)
- CA
- B.Tech or B.E.
In addition, applicants must have at least one year of relevant experience in the financial sector or reputed corporates.
Age Limit
Applicants’ age limit should be between 21 to 30 years as on December 7, 2024. However, the age relaxation for SC/ST/OBC and other categories is according to the government norms.
Pay Scale and Allowances
The selected applicants will be offered a competitive pay scale as follows:
- ₹28,150 to ₹55,600, gross approx. monthly salary ₹80,000/-.
- The estimated salary with various allowances would run approximately around ₹18 lakhs per year.
Selection Method
The IIFCL Assistant Manager Recruitment has three selection stages:
- Preliminary Screening: Based on eligible criteria.
- Written Examination: Subject to objective-type questions concerning the following:
- English Language
- Reasoning
- Quantitative Aptitude
- Financial Sector Awareness
- Domain Knowledge about Project Finance, Treasury, and Risk Management.
- Behavioural Examination: Personality-related to the job.
- Personal Interview: Based on experience and professional competence.
Application Form
IIFCL Assistant Manager Eligible candidates may follow these steps to apply.
- Log in at iifcl.in (official website of IIFCL).
- Visit the recruitment page and search for the link “IIFCL Assistant Manager Recruitment 2024.”
- Get registered by entering all the required details and obtain a login ID.
- Fill up the online application form with accurate information.
- Attach all the required documents according to the notification.
- Pay the application fee as applicable.
- Submit the application before December 23, 2024.
Exam Time Table
While the dates for the written examination have not yet been declared, it will likely take place in January 2025. Finally, interviews and final result announcements are expected to release in January or February 2025.
Frequently Asked Question
How many vacancies have been declared in total?
A total of 40 Assistant Manager (Grade-A) vacancies are available.
What are the dates for registration?
The online application process begins on December 7, 2024, and closes on December 23, 2024.
What is the application fee?
For General/OBC/EWS candidates, it is ₹600; SC/ST/PwBD candidates are exempted from fees.
What is the age limit to apply?
Candidates must be between the ages of 21 to 30 years as on December 7, 2024.
How can I apply?
Applications can be submitted online through the official IIFCL website.
Conclusion
IIFCL Assistant Manager Recruitment 2024 presents a great opportunity for all eligible candidates to join this field of infrastructure finance. With competitive salary scales and a structured selection process assessing knowledge and behavioural attributes, this recruitment exercise looks forward to attracting some skilled professionals who are willing to make a difference in the development of India’s infrastructure.
Eligible candidates should adequately prepare and meet all qualifications to gain their positions within this distinguished institution through both interviews and written examinations.