IIFCL Recruitment 2023: Govt. Job | CTC INR 18 LPA| Selection Via Exam

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IIFCL Recruitment 2023: Govt. Job | CTC INR 18 LPA| Selection Via Exam

India Infrastructure Finance Company (IIFCL) is seeking dynamic professionals with a zeal to contribute to building the backbone of the nation’s economy for the post of Grade A Assistant Manager positions.

IIFCL is a company wholly owned by the Government of India. It is a future–oriented organization that fosters an innovative work culture and provides varied opportunities to employees for their holistic development. It is counted amongst the most diversified public sector infrastructure lenders in terms of eligible infrastructure sub-sectors and product offerings.

The details of this job opportunity are given below.

IIFCL Assistant Manager Recruitment 2023: Important Details

The total number of vacancies for the post of Assistant Manager Grade A (Regular) is 26.
The gross monthly salary would be INR 80,000. Besides gross salary, the post indicated above shall carry other facilities like leased accommodation facility (in lieu of HRA), gratuity, leave fare concession, leave encashment, reimbursement of medical expenses, conveyance facility, mobile, residential telephone, newspaper, household expenses, mobile handset charges, children education, etc. The approximate cost to company for an Assistant Manager Grade A is INR 18 LPA.
Minimum qualification: Post-Graduation in any discipline/MBA/PGDM/LLB/ BA+LLB (5 years)/CA/B.Tech/B.E
Work experience criteria: One year in officer cadre in the Financial sector/Banks/ Financial Institutions/ PSUs/ reputed corporates. Preference will be given to candidates having relevant work experience in project finance/corporate finance/treasury/credit loan accounting/NPA and recovery.
Age limit: A maximum age limit of 30 years as of 28th February 2023. The minimum age limit is 21 years.

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IIFCL Assistant Manager Recruitment 2023: Selection Process

The candidates would be screened based on their eligibility for the post. The provisionally eligible candidates would be called for a written test. The format of the written test is as follows:

Section of test	Type	Weightage	No. of Questions	Max. Marks	Time
Paper I
Test of Reasoning	Objective	20	25	25	60 minutes
Quantitative Aptitude	Objective	20	25	25
English	Objective	15	20	20
Current affairs related to the financial sector	Objective	10	30	30
Paper II
Domain Knowledge: Project Finance, Corporate Banking, Treasury, General Management, Risk Management, Corporate Governance, Accounting Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc. Latest RBI/SEBI Circulars, Guidelines on NBFCs, Project Finance, NPA etc. Annual reports of RBI, SEBI, IIFCL, etc.	Objective	35	50	50	60 minutes

The written test round may be followed by an interview round.

How to Apply?

Interested candidates have to register on the online portal and then apply for the above opportunity using this link. The last date for submission of the online application is 2nd April 2023.

For more information, you can refer to IIFCL’s official notification.

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Edited by

Shreeya Thakur

Sr. Associate Content Writer at Unstop

I am a biotechnologist-turned-content writer and try to add an element of science in my writings wherever possible. Apart from writing, I like to cook, read and travel.

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