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IIFCL AGM Grade C Recruitment 2026: Apply Offline for 09 Posts

📅 Posted: 08/05/2026 📝 Updated: 08/05/2026
Total Vacancy09
SalaryGrade C (₹77,950 - ₹1,16,050) [Approx. ₹3.5L/Month CTC]
LocationAll India
Last Date08/06/2026

Short Information: Are you an experienced professional looking to take your career to the next level in a prestigious government enterprise? India Infrastructure Finance Company Limited (IIFCL) has released the notification for the recruitment of Assistant General Manager (AGM) Grade C. With a lucrative CTC of approximately ₹42.91 Lakhs per annum, this is an outstanding mid-to-senior management role. IIFCL is looking to fill 09 vacancies across various streams including Risk Management, IT, CISO, Treasury, Project Finance, and Environment & Social Safeguard. Candidates need a solid 12 years of post-qualification experience to be eligible for this grade. The maximum age limit is set at 45 years as of 30 April 2026. Interested candidates must send their applications via offline post, ensuring it reaches the IIFCL New Delhi office on or before 08 June 2026. Read the detailed notification below for stream-wise educational qualifications and specific experience requirements.

IIFCL AGM Grade C Recruitment 2026 2026Important Dates

Notification Released08/05/2026
Application Begin08/05/2026
Last Date of Receipt of Application08/06/2026
Cut-off Date for Age/Experience30/04/2026
Interview DateTo be notified

IIFCL AGM Grade C Recruitment 2026 2026Application Fee

All Candidates₹0
Payment: N/A (Exempted)

IIFCL AGM Grade C Recruitment 2026: Apply Offline for 09 PostsVacancy Details & Age Limit

Age Limit: Maximum 45 Years (as on 30/04/2026)

(SC/ST: 5 Years, OBC (Non-Creamy Layer): 3 Years, PwBD (UR/EWS): 10 Years, PwBD (SC/ST): 15 Years, Ex-Servicemen: 5 Years)

Post Name (Stream)Tentative PostEligibility
AGM (Risk Management)02CA/CMA/MBA or PG in Maths/Stats/Econ/Commerce/Management + Min 12 Yrs Total Exp (7 Yrs in Risk/Credit/Treasury).
AGM (IT)02BE/B.Tech/MCA/M.Tech in CS/IT/SE/ECE + Min 12 Yrs Total Exp (7 Yrs in IT/Banking sector).
AGM (CISO)01BE/B.Tech/MCA/M.Tech in CS/IT/SE/ECE + CISSP/CISA/CISM/CompTIA Security+ + Min 12 Yrs Total Exp (7 Yrs in Cyber Security).
AGM (Treasury / Forex)01CA/CMA/MBA Finance or PG + Min 12 Yrs Total Exp (7 Yrs in Money Market/Forex/Treasury).
AGM (Project Finance / Credit)02CA/CMA/MBA Finance or BE/B.Tech/PG in Maths/Stats/Econ + Min 12 Yrs Total Exp (7 Yrs in Corporate Credit/Project Finance).
AGM (Environment & Social)01PG/M.Sc in Environment Management/Science OR PG in Social Work/Sociology/Climate Science + Min 12 Yrs Exp.
Total Vacancy9
Note: Total vacancies across all streams are capped at 09 posts. The stream-wise numbers listed below are tentative.

Recruitment Table: Category Wise Vacancy

Post NameUROBCSCSTEWSTotal
Assistant General Manager (All Streams)620019
Total620019

Recruitment Table: Horizontal Reservation Breakup (Included in Total)

CategoryVacancy
PwBD (Persons with Benchmark Disabilities)01

IIFCL AGM Grade C Recruitment 2026Eligibility Criteria

  • Candidate must be a citizen of India.
  • Candidates must hold the minimum specified Post-Qualification Experience (12 Years overall, with 7 years in the respective domain).
  • Candidate must currently be working in Scale III of a Public Sector Bank OR equivalent Grade B in Financial Institutions/Govt OR drawing a minimum CTC of ₹30 Lakhs per annum in the private sector.

IIFCL AGM Grade C Recruitment 2026Pay Scale / Salary Structure

Post NameSalary Level
Assistant General Manager (AGM)Grade C (₹77,950 - ₹1,16,050)

IIFCL AGM Grade C Recruitment 2026Selection Process Steps

  1. Shortlisting of Applications (Based on Eligibility & Experience)
  2. Personal Interview (Psychological, Technical, and Behavioral Assessment)
  3. Group Discussion (May be conducted if required)
  4. Document Verification

IIFCL AGM Grade C Recruitment 2026Detailed Exam Pattern

Recruitment Details: Interview & Evaluation Process

  • Mode: Offline Personal Interview at IIFCL New Delhi office.
  • Components: The interview will assess candidates on Psychological, Technical (Domain), and Behavioral parameters.
  • Group Discussion: IIFCL may conduct a Group Discussion to assess suitability for the senior management role.
  • Qualifying Marks: Candidates must secure a minimum of 60% marks in the interview (55% for SC/ST candidates) to be considered for the final merit list.
  • Negative Marking: No negative marking as there is no written test.

Recruitment Table: Job Profile by Post

Post NamePrimary Responsibilities
AGM (Risk Management)Oversee enterprise risk management, credit risk, market risk, and formulate risk mitigation policies for large infrastructure projects.
AGM (IT) & AGM (CISO)Manage banking IT projects, network applications, financial information systems, and enforce robust cyber security and data protection policies.
AGM (Treasury / Forex)Handle integrated treasury operations, interbank forex trading, portfolio management, and formulate investment strategies.
AGM (Project Finance)Process credit proposals, conduct project loan appraisals, loan syndication, and ensure effective credit monitoring.
AGM (Environment & Social)Assess environmental and social impacts of commercial projects, ensure ESG compliance, and liaise with multilateral development agencies.

IIFCL AGM Grade C Recruitment 2026Subject-wise Syllabus Topics

The selection is strictly based on a Personal Interview and past professional experience. There is no written examination syllabus, but candidates will be tested on the following domain areas:

📚 Expected Interview Topics
  • Domain Knowledge: Deep expertise in the applied stream (Risk, IT, Treasury, Project Finance, or ESG).
  • Behavioral & Psychological Assessment: Leadership skills, decision making, and cultural fit for senior management.
  • Current Affairs & Infrastructure Sector: Knowledge of India's infrastructure development, NIP, and macro-economic trends.
  • Regulatory Compliance: RBI guidelines, corporate governance, and financial policies.

IIFCL AGM Grade C Recruitment 2026How to Apply

  1. Visit the official IIFCL website (www.iifcl.in) and download the prescribed application format.
  2. Fill out the physical application form completely with accurate personal, educational, and experience details.
  3. Attach self-attested photocopies of all required documents including Age proof, Education certificates, Experience certificates, and Caste/EWS certificates.
  4. Place the application and documents in a sealed envelope superscribed as 'Application for the post of Assistant General Manager (Grade C)'.
  5. Send the application via Post/Courier to: Head of Department, Human Capital Management, India Infrastructure Finance Company Limited, 5th Floor, Plate A & B, Office Block 2, NBCC Tower, East Kidwai Nagar, New Delhi-110023.
  6. Ensure the application reaches the office on or before 08 June 2026.

Recruitment Note: About India Infrastructure Finance Company Limited (IIFCL)

India Infrastructure Finance Company Limited (IIFCL) is a wholly-owned Government of India enterprise established in 2006 with the objective of providing long-term financial assistance to viable infrastructure projects. As a premier long-term lending institution, IIFCL is one of the most diversified public sector infrastructure lenders, authorized to finance both green-field and brown-field projects across sectors notified in the Harmonized Master List of Infrastructure Sub-sectors. This includes transport, energy, water, sanitation, communication, and social infrastructure.

Recruitment Note: Benefits & Perks Beyond Salary

Beyond the basic pay of ₹77,950, AGMs at IIFCL enjoy a highly lucrative compensation package. Allowances include Industrial Dearness Allowance (IDA), Grade Allowance, Local Allowance, and HRA (15% if the lease facility is not availed). The estimated CTC goes up to ₹42.91 Lakhs per annum. Additional perks comprise medical expense reimbursement, meal cards, residential telephone/mobile allowances, newspaper allowance, briefcase, and furnishing allowance. Employees also get access to concessional loans for car, housing, and personal computers, along with Leave Travel Concession (LTC) and Gratuity benefits.

Recruitment Note: Probation Period Details

Selected candidates will be placed on a mandatory probation period of 1 year, which can be extended up to a maximum of 2 years at the discretion of IIFCL management. Confirmation in the company's services will be strictly subject to satisfactory performance and a formal written confirmation notice.
Apply Offline (Download Form) Application Window: 08/05/2026 to 08/06/2026 Click Here ↗
Download Notification Advt No. IIFCL/HCMD/2026/06 Click Here ↗
Official Website Click Here ↗
Disclaimer Information provided here is for quick reference. Verify all details on the official website before taking action.

Quick Overview

🚀 Recruitment Overview

Quick Summary of the Notification

Organization Government Board Logo IIFCL
Post Name Assistant General Manager (AGM)
Total Vacancy 09
Salary Grade C (₹77,950 - ₹1,16,050) [Approx. ₹3.5L/Month CTC]
Job Location All India
Apply Mode Online
Last Date 08/06/2026
Official Website Visit Website ↗

💡 Expert Tip

For the IIFCL AGM Grade C application, remember that this is strictly an OFFLINE application process. Your physical application form, along with all self-attested documents, must reach the IIFCL office by the strict deadline of 08 June 2026. Do not wait for the last day, as postal delays will lead to outright rejection. Also, your experience certificates must explicitly mention the required specialized areas (e.g., Project Finance, Cyber Security) to meet the 7-year domain-specific experience criteria. Generic experience letters without role specifics might get you disqualified during the initial screening.

Common Questions (FAQs)

Q.1 What is the in-hand salary for Assistant General Manager?
Ans: The post falls under the Grade C scale (₹77,950 - ₹1,16,050). After adding allowances like IDA, HRA, and Special Allowances, the estimated CTC is around ₹42.91 Lakhs per annum, making the starting in-hand salary highly lucrative.
Q.2 What is the last date to apply online?
Ans: This is an OFFLINE application process. The last date for the receipt of the physical application form, along with all supporting documents, at the IIFCL New Delhi office is 08 June 2026.
Q.3 Is there any negative marking in the exam?
Ans: There is no written examination for this recruitment. Selection is based purely on a Personal Interview and Group Discussion. Hence, no negative marking is applicable.
Q.4 What is the age limit for General Category?
Ans: The maximum age limit for Unreserved (General) and EWS category candidates is 45 years as of 30 April 2026. Age relaxations apply for reserved categories like SC/ST, OBC, and PwBD.
Q.5 How to download the IIFCL Notification PDF?
Ans: You can download the official notification PDF (Advt No. IIFCL/HCMD/2026/06) from the careers section of the official IIFCL website (www.iifcl.in) or through the direct link provided in our important links section.
Q.6 What is the educational qualification required for AGM?
Ans: Candidates must hold a PG Degree, MBA, CA, CMA, or B.E./B.Tech depending on the specific stream applied for, along with a mandatory minimum of 12 years of overall post-qualification experience.
Q.7 What is the selection process for Assistant General Manager?
Ans: The selection process involves shortlisting of applications based on experience and qualifications, followed by a Personal Interview (assessing Psychological, Technical, and Behavioral parameters) and a potential Group Discussion.

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