India Infrastructure Finance Company Limited (IIFCL) has announced the Assistant Manager Recruitment 2024, offering 40 vacancies for aspiring candidates to become part of a leading financial institution. This recruitment is an excellent opportunity for individuals aiming to contribute to the nation’s infrastructure financing sector while securing a stable and rewarding career.
Overview of IIFCL Recruitment 2024
| Organization | India Infrastructure Finance Company Limited (IIFCL) |
|---|---|
| Post Name | Assistant Manager (Grade A) |
| Number of Vacancies | 40 |
| Application Mode | Online |
| Job Location | Across India |
| Official Website | www.iifcl.in |
Important Dates
| Event | Date |
|---|---|
| Notification Release Date | December 2024 |
| Online Application Start Date | December 2024 |
| Last Date to Apply | January 2025 |
| Admit Card Release | To be announced |
| Online Examination Date | To be announced |
Eligibility Criteria
Educational Qualification
- Candidates must have completed a Post-Graduate Degree in any discipline or MBA/PGDM/CA/ICWA/CS from a recognized university or institute.
- Specialization in finance, economics, or infrastructure-related fields will be an advantage.
Age Limit
- Minimum Age: 21 years
- Maximum Age: 30 years (as of January 1, 2024).
- Age Relaxation:
- SC/ST: 5 years
- OBC (Non-Creamy Layer): 3 years
- Persons with Disabilities (PwD): 10 years
Work Experience
- Freshers are eligible, though prior experience in financial services or infrastructure finance is preferred.
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Application Fee
| Category | Application Fee |
|---|---|
| General/OBC/EWS | ₹1,000 |
| SC/ST/PwD | ₹200 |
Payment can be made online via net banking, credit/debit cards, or UPI.
Vacancy Details
| Category | Number of Posts |
|---|---|
| General | 18 |
| OBC (Non-Creamy Layer) | 10 |
| SC | 6 |
| ST | 3 |
| EWS | 3 |
| Total | 40 |
Selection Process
1. Online Examination
The written test evaluates candidates on various parameters:
| Section | No. of Questions | Marks | Duration |
|---|---|---|---|
| General Awareness | 30 | 30 | 30 minutes |
| Reasoning and Quantitative Aptitude | 40 | 40 | 40 minutes |
| English Language | 30 | 30 | 30 minutes |
| Professional Knowledge (Finance, Economics, Infrastructure) | 50 | 50 | 60 minutes |
| Total | 150 | 150 | 160 minutes |
- Negative Marking: 0.25 marks deducted for every incorrect answer.
2. Group Discussion (GD)
Shortlisted candidates from the online test will participate in a group discussion.
3. Personal Interview
The final stage includes a personal interview assessing technical and interpersonal skills.
4. Document Verification
Selected candidates must submit original documents for verification before the final appointment.
How to Apply
- Visit the Official Website:
- Go to www.iifcl.in.
- Register/Login:
- Click on the recruitment link and create a new account using a valid email ID and mobile number.
- Complete the Application Form:
- Enter your personal, educational, and professional details accurately.
- Upload Documents:
- Recent passport-sized photograph, signature, and necessary educational certificates.
- Pay Application Fee:
- Use the available online payment methods.
- Submit the Application:
- Verify the details and submit the form. Save a copy of the acknowledgment for future reference.
Salary and Perks
| Component | Details |
|---|---|
| Basic Pay | ₹28,150/month |
| Gross Emoluments (Approx.) | ₹70,000–₹80,000/month |
Perks and Benefits:
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- Leave Travel Concession (LTC)
- Medical Benefits
- Provident Fund and Gratuity
- Performance-based incentives
Preparation Tips
- Understand the Exam Pattern: Familiarize yourself with the syllabus and structure of the online examination.
- Practice Aptitude and Reasoning: Use previous question papers and mock tests to improve accuracy and speed.
- Update General Awareness: Read newspapers and financial magazines to stay informed about current affairs, especially in the infrastructure finance sector.
- Enhance Domain Knowledge: Focus on topics related to finance, economics, and infrastructure development.
- Mock Interviews and GDs: Prepare for group discussions and interviews by practicing with peers and seeking feedback.
Why Choose IIFCL?
- Prestige: Work with a leading institution in infrastructure financing.
- Professional Growth: Access to training programs and opportunities for advancement.
- Job Security: Be part of a government-backed organization.
- Dynamic Environment: Contribute to nation-building projects and gain valuable experience.
Important Links
| Resource | Link |
|---|---|
| Official Notification | Download Here |
| Apply Online | Click Here |
| Telegram Updates | Join Here |
| Instagram Notifications | Follow Us |
Conclusion
The IIFCL Assistant Manager Recruitment 2024 is an incredible opportunity for individuals with a passion for infrastructure finance and a vision to contribute to India’s development. Aspiring candidates are advised to apply promptly and prepare effectively to secure their place in this prestigious organization.
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