IIFCL Assistant Manager Exam Date 2024 for 40 Grade A Posts

India Infrastructure Finance Company Limited (IIFCL) has announced the IIFCL Assistant Manager Recruitment 2024 for Grade A positions across various disciplines. The online registration window for 40 vacancies is closed and IIFCL Assistant Manager Exam Date will be released soon for the online exam. This article covers details such as vacancies, selection process, exam pattern, salary, and more. Check this article for complete details on IIFCL Assistant Manager Recruitment 2024.

IIFCL Assistant Manager Recruitment 2024 Notification Out

The IIFCL Assistant Manager Recruitment 2024 opens for registration and will ends on  23 December 2024, providing a promising opportunity for candidates aspiring to build a career in infrastructure finance. As a wholly-owned enterprise of the Government of India, IIFCL plays a crucial role in financing infrastructure development nationwide. The Assistant Manager Grade A position offers a platform to contribute to nation-building while advancing professionally in a dynamic and fulfilling environment.

IIFCL Recruitment 2024: Overview

If you’re interested in this recruitment, review all the key details about the IIFCL Assistant Manager Recruitment 2024.

IIFCL Assistant Manager Recruitment 2024
Organization	India Infrastructure Finance Company Limited (IIFCL)
Post	Assistant Manager
Vacancy	40
Category	Recruitment
Eligibility	Varies Post-Wise
Age limit	Min: 21 Years, Max: 30 Years
Mode of Application Enrollment	Online
Selection Process	Online Examination & Interview
Application Fees	General/EWS/OBC-Rs.600 SC/ST/PwBD-Rs.100
IIFCL Assistant Manager Salary	Rs. 44,500/- p.m. (Basic Pay)
Official Website	www.iifcl.in/careers
WhatsApp Official Channel	Join WhatsApp Channel
Telegram Official Channel	Join Telegram Channel

IIFCL Assistant Manager Recruitment 2024 Notification PDF

The IIFCL Assistant Manager Recruitment 2024 offers a golden opportunity for individuals passionate about making a difference in the infrastructure finance sector. With 40 Grade A vacancies, the recruitment drive might attract many candidates. The organization offers a competitive salary package, benefits, and a structured career growth pathway. To be eligible for the IIFCL Assistant Manager post, candidates must meet specific educational and professional criteria (varies as per post). The application process is entirely online, and candidates must complete their registration before the deadline of 23 December 2024.

IIFCL Assistant Manager 2024 Notification PDF: Download Now

IIFCL Notification 2024: Important Dates

The organization has released the notification PDF with IIFCL Assistant 2024 exam dates and other important dates. A summary of the important dates for IIFCL Assistant Recruitment 2024 is given in the table below. Make sure to mark these dates and stay updated throughout the recruitment process.

Event	Important Date
Online Registration Closes	23 December 2024
Cut-off Date for Age Eligibility	30 November 2024
Cut-off Date for Educational Qualification / Post-Qualification Experience	30 November 2024
IIFCL Assistant Manager Exam Date 2024	January 2025*
Tentative Interview Schedule	January / February 2025*
Final Result Declaration	January / February 2025*

IIFCL Assistant Manager Recruitment 2024 Application Link

Candidates eager to apply for the IIFCL Assistant Manager Recruitment 2024  will be able to complete their registration through the direct Apply Online link provided below. The registration window was closed 23 December 2024, and applicants must ensure they meet the eligibility criteria before proceeding. By clicking on the link, candidates can fill in the required details, upload necessary documents, and pay the application fee to finalize their submission. Apply early to avoid last-minute hassles and secure your chance to join IIFCL as an Assistant Manager.

IIFCL Assistant Manager Recruitment 2024: Click Here to Apply Online [Online Registration Window- Closed]

Steps To Apply Online For IIFCL Assistant Manager 2024

The following steps should be followed while submitting the application form for IIFCL Recruitment 2024 for Assistant Manager.

• Visit the Official Website: Go to the official website of India Infrastructure Finance Company Limited (IIFCL): www.iifcl.in.
• Access the Recruitment Section: Navigate to the “Careers” or “Recruitment” section on the homepage to find relevant information about the job openings.
• Find the Notification: Locate the IIFCL Assistant Manager Recruitment 2024 notification. Click on the notification to read the full advertisement, including the eligibility criteria and job details.
• Register as a New User: If you are a new applicant, click on the “New Registration” option. Provide your basic details, such as:
  • Full Name
  • Email ID
  • Mobile Number
  • After successful registration, you will receive a registration ID and password via email or SMS.
• Login to the Portal: Use your newly received registration ID and password to log in to the application portal.
• Fill Out the Application Form: Complete the online application form by entering your personal details, educational qualifications, work experience, and other required information.
• Upload Required Documents: Upload scanned copies of the necessary documents, including:
  • Passport-size photograph
  • Signature
  • Relevant certificates (educational, caste, experience, etc.)
• Review the Application: Carefully review all the details provided in the application form. Ensure there are no errors, and make any necessary corrections before submission.
• Pay the Application Fee: Proceed to pay the application fee through the available online payment methods, such as debit/credit card, net banking, or others. Make sure to download the fee receipt for future reference.
• Submit the Application: After the fee payment, click on the “Submit” button to complete the application process.
• Download and Print the Application: Once the application is submitted, download the confirmation page or application form. Print a copy for your records and future use.

IIFCL Assistant Manager Vacancy 2024

The India Infrastructure Finance Company (IIFCL) has announced 40 vacancies for the position of Assistant Manager in 2024. Check the below table for the different categories.

Category	Number of Vacancies
General	13
OBC	5
SC	4
ST/EWS	2
PWD	4
Ex-Serviceman	3
Total	40

IIFCL Assistant Manager Recruitment 2024 Application Fee

For the IIFCL Assistant Manager Recruitment 2024, the application fee and intimation charges vary based on the category. For General, OBC, and EWS candidates, the total fee is 600 INR, which includes an application fee of 500 INR and intimation charges of 100 INR. For SC, ST, and PwBD candidates, the total fee is 100 INR, which only includes the intimation charges, as there is no application fee for these categories.

Category	Total Fee (INR)
UR/EWS/OBC	600
SC/ST/PwBD	100

IIFCL Assistant Manager Recruitment 2024 Eligibility Criteria

Before applying for IIFCL Assistant Manager Recruitment 2024, candidates must check the eligibility criteria prescribed by IIFCL. This includes educational qualification and age limit, which are detailed in the section below.

IIFCL Assistant Manager Educational Qualification

Various types of educational qualifications have been prescribed for IIFCL Assistant Manager Recruitment 2024, which you can check through the table given below.

Project Financing, Stressed Asset Management

Educational Qualification:

• Post-Graduate Degree / Diploma in Management with Specialization in Finance / Banking & Finance
  OR
• Chartered Accountant (CA) / Certified Management Accountant (CMA/ICWA)
• Desirable: Chartered Financial Analyst (CFA)

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Work experience in handling project financing, mid-large corporate credit appraisals, stressed asset management, recovery, and related areas.
  Experience related to the infrastructure sector is desirable.

Accounts

Educational Qualification:

• Chartered Accountant (CA) / Certified Management Accountant (CMA/ICWA)

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.
• Area of Experience:
  Experience in accounting and taxation-related areas.

Resource and Treasury

Educational Qualification:

• Post-Graduate Degree / Diploma in Management with Specialization in Finance / Forex / Banking & Finance
  OR
• Chartered Accountant (CA) / Certified Management Accountant (CMA/ICWA)
• Desirable: CFA / Certification in Treasury / Forex

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Experience in treasury functions, investment desk, asset-liability management, back-office functions such as settlements, reconciliation, valuation, forex & derivatives.
• Experience in fund-raising and institutional resources mobilization.

Legal

Educational Qualification:

• Bachelor’s Degree in Law (LLB)
• Desirable: LLM

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs / Law firms / Practicing at Bar / Judicial Services or any other reputed organization.

Area of Experience:

• As a Law Officer in Banks/financial institutions in public or private sector of repute / PSUs.
• Or as an Advocate (including as an associate in an Advocate’s or solicitor’s office or Law firm) after being enrolled under the Advocates Act, 1961 (25 of 1961).
• Or experience in Supreme Court of India / High Courts / other Courts and Tribunals or equivalent/ Ministry of Law (Govt. of India) / Statutory Legal Institutions (Govt. of India) / National Law Universities / recognized Research Institutions / Public Sector Undertakings / Semi-Government / other
• Government Bodies in the field of Law or related experience in the field of law.

Secretarial Functions

Educational Qualification:

• Qualified Company Secretary (CS) from the Institute of Company Secretaries of India (ICSI)

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• As a Company Secretary or experience in Company Secretarial Compliances, Corporate Governance, conducting Board Meetings, and related works.

Corporate Social Responsibility

Educational Qualification:

• Post-Graduate Degree / Diploma in Corporate Social Responsibility (CSR) / Master in Social Work or equivalent.

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Handling CSR-related activities.

Environment and Social Safeguard

Educational Qualification:

• Post-Graduate Degree / Diploma in Engineering, Environmental Management, Environmental Sciences, M.Sc.
  OR
• Post-Graduation in Social Work / Sociology / Anthropology / Economics / Development Services.

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Working with environmental and social impact assessment, implementing environmental and social management plans, preparation of environmental and social safeguards documents, and related work.

Risk Management

Educational Qualification:

• Post-Graduate Degree / Diploma in Management with Specialization in Finance / Banking & Finance.
  OR
• Chartered Accountant (CA)
• Desirable: FRM or equivalent Risk Management Certification

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Risk management, ALM function, operational risk, credit risk, market risk, credit monitoring, or related work.

Procurement

Educational Qualification:

• Postgraduate degree / diploma in any discipline.

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Administration/Procurement in any Central or State Govt / Govt Deptt. / PSUs / PSBs / any other Govt entity handling procurement and related activities, with first-hand experience of working on GeM portal and knowledge of General Financial Rules of GoI.

Human Resource

Educational Qualification:

• Post-Graduation Degree / Diploma in Management with Specialization in Human Resources / Industrial Relations / Personnel Management.

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

Handling core HR activities or functions such as recruitment, salary management, training and development, knowledge of reservation guidelines, rosters, etc.
Experience in Govt. Deptt / PSU / PSBs is desirable.

Research and Analysis

Educational Qualification:

• Post-Graduation Degree / Diploma in Economics / Statistics

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Exposure in economic research, banking and financial sector, policy formulation, analysis of macro trends, or related research works.

Rajbhasha

Educational Qualification:

• Post-Graduate Degree / Diploma in Hindi / Hindi Translation with English as a subject at the Bachelor’s degree level;
  OR
• Master’s Degree in English / Sanskrit / Economics / Commerce with Hindi as a subject at the Bachelor’s degree level along with a Post-Graduation diploma in translation;
  OR
• Master’s Degree in both English and Hindi / Hindi Translation.

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Experience, preferably in Government Departments/ Public Sector Undertakings/ Banks/ Academic Professional Institutions, in translation from English to Hindi and vice versa.
• Knowledge of shorthand / typing in Hindi and knowledge of rules and procedures of the Government regarding the official language.

Compliance and Audit

Educational Qualification:

• Postgraduate degree/diploma in any discipline.
• Desirable: CISA (Certified Information Security Auditor) or CIA or Certified Accounting & Audit Professional from IIBF

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Compliance and audit-related matters in RBI regulated entities.
• Or in internal audit, statutory audit, accounting, data analytics, forensic investigation, information technology, etc. or related fields.

Corporate Communications

Educational Qualification:

• Post-graduation degree / Diploma in Corporate Communication / Mass Communication / Advertising / Journalism or related fields.

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Experience in a corporate house/media organization/advertising or public relations agency or related activities.
  Or experience in creating content, planning & arranging media activities (social / broadcast) for a Government agency/department/entity, and management of Government communication.

General

Educational Qualification:

• Postgraduate degree/diploma in any discipline / Bachelor’s Degree in Law (LLB) / BA+LLB (5 years) / Chartered Accountant (CA) / B Tech / B.E.

Minimum Experience:

• At least 1 year of post-qualification experience in officer cadre in Banks / Financial Institutions / Central or State Govt. / PSUs or any other reputed organization.

Area of Experience:

• Preference will be given to candidates with relevant work experience in the banking and finance industry.

IIFCL Assistant Manager Recruitment 2024 Selection Process

The selection process for the IIFCL Assistant Manager Recruitment 2024 consists of four stages:

• Preliminary Screening: This step ensures that only eligible candidates are considered for the next stages of the recruitment process.
• Written Examination: This is an objective-type test that evaluates candidates on subjects like Quantitative Aptitude, English, Reasoning, Current Affairs, and Domain Knowledge (including Project Finance, Corporate Banking, Risk Management, etc.).
• Behavioural Examination: Candidates who pass the written test move on to this stage, which assesses their personality traits and behavior related to the job role.
• Personal Interview: The final stage involves an interview where candidates are evaluated on their experience, knowledge, and overall suitability for the position.

Each stage is designed to ensure that only the most qualified candidates are selected for the Assistant Manager role.

IIFCI Assistant Manager 2024 Exam Pattern

The candidates have to clear the online examination to be qualified for the Interview. In the Online examination, questions will appear from the Reasoning Quantitative Aptitude English Language Current Affairs (Finacial Sector) and Domain knowledge section. There will be a negative marking of one-fourth for each answer marked wrong. The exam will be of 200 marks of 150 questions, out of which 50 questions are from the Domain Knowledge section of 100 marks (i.e. 2 marks for each question).

IIFCI Assistant Manager 2024 Exam Pattern
Test	Section	No. of Qs.	Max. Marks	Duration
Test I	Reasoning	25	25	60 minutes
	Quantitative Aptitude	25	25
	English Language	25	25
	Current Affairs (Financial Sector)	25	25
	Total (Test I)	100	100	1 hour
Test II	Domain Knowledge	50	100	60 minutes
Total (Test I + Test II)		150	200	2 hour

The domain knowledge includes the following topics (indicative and not exhaustive):

• Project Finance
• Corporate Banking, Treasury
• General Management
• Risk Management
• Corporate Governance in the 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

IIFCL Assistant Manager 2024 Syllabus

The IIFCL Assistant Manager exam syllabus covers a range of important topics. The written exam includes sections on Reasoning, Quantitative Aptitude, English, and Current Affairs related to the financial sector. In addition, candidates will need to focus on specific topics such as Risk Management, Corporate Governance in the Banking Sector and the Indian Economy. By understanding the syllabus and preparing these areas thoroughly, candidates can improve their chances of performing well in the exam.

How to Prepare for the IIFCL Assistant Manager Exam?

To prepare for the IIFCL Assistant Manager exam, candidates should start by understanding the exam syllabus and pattern. Knowing the topics covered in the exam will help you focus your efforts on the most important areas. Next, create a study plan based on the syllabus, giving more time to challenging subjects. Practice with previous year’s papers, sample tests, and mock exams to identify your strengths and weaknesses. Regularly revise the material to ensure you retain the information. Also, check the previous year’s cut-off scores to understand the competition. Consistent preparation and revision are key to scoring well in the exam.

IIFCI Assistant Manager 2024 Exam Centers

Candidates must choose their preferred exam centre when applying, but IIFCL has the right to change the centre if needed. Requests to change the exam centre, date, or session will not be accepted. If a centre has too few or too many candidates, IIFCL can assign a new centre. Candidates appear at their own risk and expense. If the exam is held in multiple sessions, scores will be adjusted for difficulty differences. Misbehaving during the exam can lead to disqualification. The online exam (Phase I) will be held in various cities across India, with a tentative list of centres has been given below.

Sr. No.	Name of the Centres
1	Jaipur
2	Bhopal
3	Patna
4	Dehradun
5	Visakhapatnam
6	Ahmedabad/Gandhinagar
7	Thiruvananthapuram
8	Bengaluru
9	Chandigarh/Mohali
10	Bhubaneswar
11	Chennai
12	Kolkata/Greater Kolkata
13	Lucknow
14	Mumbai/Navi Mumbai/Greater Mumbai/MMR
15	Nagpur
16	New Delhi – NCR
17	Raipur
18	Ranchi
19	Hyderabad
20	Guwahati
21	Jammu

 

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