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IIFCL Deputy General Manager Recruitment 2026: Apply Offline for 06 Posts

📅 Posted: 08/05/2026 📝 Updated: 08/05/2026
Total Vacancy06
SalaryGrade D (₹1,10,050 - ₹1,39,550) [Approx. ₹4.8L/Month CTC]
LocationAll India
Last Date08/06/2026

Short Information: Are you a highly experienced professional aiming for a senior leadership role in a premier government enterprise? India Infrastructure Finance Company Limited (IIFCL) has published the notification for the recruitment of Deputy General Manager (DGM) Grade D. Offering an exceptionally lucrative CTC of approximately ₹58.25 Lakhs per annum, this role is designed for industry veterans. IIFCL is seeking to fill 06 vacancies across critical streams including Deputy CFO (Finance & Accounts), Deputy CRO (Risk Management), and Project Finance/Credit Monitoring. To be eligible, candidates must possess a robust 16 years of post-qualification experience, with at least 11 years in the financial or banking sector. The maximum age limit is set at 50 years as of 30 April 2026. This is a purely offline application process. Interested candidates must send their comprehensively filled application forms along with all self-attested documents to the IIFCL New Delhi office on or before 08 June 2026. Dive into the detailed notification below for stream-wise educational qualifications and specific experience requirements.

IIFCL DGM Grade D 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 DGM Grade D Recruitment 2026 2026Application Fee

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

IIFCL Deputy General Manager Recruitment 2026: Apply Offline for 06 PostsVacancy Details & Age Limit

Age Limit: Maximum 50 Years (as on 30/04/2026)

(SC/ST: 5 Years, OBC (Non-Creamy Layer): 3 Years, PwBD (UR/EWS): 10 Years, PwBD (OBC): 13 Years, PwBD (SC/ST): 15 Years, Ex-Servicemen: 5 Years)

Post Name (Stream)Tentative PostEligibility
Deputy CFO / Finance & Accounts01CA/CMA/MBA/PG + Min 16 Yrs Total Exp (11 Yrs in Financial Sector/Banks/FIs).
Deputy CRO / Risk Management01CA/CMA/MBA/B.E./B.Tech/PG in Maths/Stats/Econ/Commerce/Mgt + Min 16 Yrs Total Exp (11 Yrs in Financial Sector).
Project Finance / Sustainable Dev Finance / Credit Monitoring / Strategy04CA/CMA/MBA Finance or B.E./B.Tech/PG in Maths/Stats/Econ/Commerce/Mgt + Min 16 Yrs Total Exp (11 Yrs in Financial Sector).
Total Vacancy6

Recruitment Table: Category Wise Vacancy

Post NameUROBCSCSTTotal
Deputy General Manager (All Streams)31116
Total31116

Recruitment Table: Horizontal Reservation Breakup (Included in Total)

CategoryVacancy
PwBD (Persons with Benchmark Disabilities)01

IIFCL DGM Grade D Recruitment 2026Eligibility Criteria

  • Candidate must be a citizen of India.
  • Candidates must hold the minimum specified Post-Qualification Experience (16 Years overall, with 11 years in the respective domain).
  • Candidate must currently be working in Scale IV of a Public Sector Bank OR equivalent Grade C in Financial Institutions/Govt OR drawing a minimum CTC of ₹40 Lakhs per annum in the private sector.

IIFCL DGM Grade D Recruitment 2026Pay Scale / Salary Structure

Post NameSalary Level
Deputy General Manager (DGM)Grade D (₹1,10,050 - ₹1,39,550)

IIFCL DGM Grade D 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 DGM Grade D 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 leadership 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
Deputy CFO / Finance & AccountsOversee enterprise financial planning, accounting, taxation, IndAS compliance, and manage large-scale corporate financial operations.
Deputy CRO / Risk ManagementFormulate enterprise risk management frameworks, oversee credit risk, market risk, and implement risk mitigation strategies for infrastructure projects.
Project Finance / CreditLead project loan appraisals, manage credit proposals, loan syndication, infrastructure project financing, and ensure effective credit monitoring.

IIFCL DGM Grade D 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 evaluated on the following domain areas:

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

IIFCL DGM Grade D 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 extensive experience details.
  3. Attach self-attested photocopies of all required documents including Age proof, Education certificates, Experience certificates, and Caste/PwBD certificates.
  4. Place the application and documents in a sealed envelope superscribed as 'Application for the post of Deputy General Manager (Grade D)'.
  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 ₹1,10,050, DGMs 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 ₹58.25 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/2026/05 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 Deputy General Manager (DGM)
Total Vacancy 06
Salary Grade D (₹1,10,050 - ₹1,39,550) [Approx. ₹4.8L/Month CTC]
Job Location All India
Apply Mode Online
Last Date 08/06/2026
Official Website Visit Website ↗

💡 Expert Tip

For the IIFCL DGM Grade D application, bear in mind that this is strictly an OFFLINE application process. Your physical application form, accompanied by all self-attested documents, must reach the IIFCL New Delhi office by the strict deadline of 08 June 2026. Postal delays will lead to outright rejection, so dispatch your application well in advance. Moreover, your experience certificates must explicitly highlight your expertise in the required specialized areas (e.g., Project Finance, Risk Management, Corporate Credit) to successfully meet the 11-year domain-specific experience criteria. Generic experience letters may lead to disqualification during the initial shortlisting phase.

Common Questions (FAQs)

Q.1 What is the in-hand salary for Deputy General Manager?
Ans: The post falls under the Grade D scale (₹1,10,050 - ₹1,39,550). After adding allowances like IDA, HRA, and Special Allowances, the estimated CTC is around ₹58.25 Lakhs per annum, making the starting in-hand salary exceptionally 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) category candidates is 50 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/2026/05) 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 DGM?
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 16 years of overall post-qualification experience.
Q.7 What is the selection process for Deputy 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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