India Infrastructure Finance Company Limited (IIFCL), a wholly owned Government of India enterprise under the Ministry of Finance, has released Advertisement No. IIFCL/HCMD/2026/05 for Direct Recruitment of Deputy General Manager (Grade D Officer) on a regular basis. This is a prestigious opportunity for experienced professionals to contribute to India’s infrastructure financing sector.
📌 Key Highlights
Notification Date: 8 May 2026
Application Mode: Offline (by post only)
Last Date for Receipt of Application: 8 June 2026
Cut‑off Date for Eligibility: 30 April 2026
Selection Process: Interview (psychometric, technical & behavioural assessment)
Total Vacancies: 6
📊 Vacancy Details
Post | UR | SC | ST | OBC | EWS | Total | PwBD Reserved |
Deputy General Manager (Grade D) | 3 | 1 | 1 | 1 | – | 6 | – |
💼 Service Conditions & Pay Scale
Component | Details |
Pay Scale | ₹110,050 – 139,550 (Grade D) |
Starting Basic Pay | ₹110,050 per month |
Allowances | DA, HRA (15% if lease not availed), Grade Allowance, Local Allowance, Special Allowance |
Perquisites | Leased accommodation, gratuity, medical reimbursement, meal card, mobile/telephone, children education, book grant, festival advance, concessional loans (car, housing, PC, etc.) |
CTC | Approx. ₹58.25 lakhs annually |
Probation | 1 year (extendable up to 2 years) |
Posting/Transfer | Anywhere in India/abroad across IIFCL offices/verticals/subsidiaries |
🎓 Eligibility Criteria
Criteria | Requirement |
Nationality | Indian citizen |
Age Limit (as on 30.04.2026) | Not more than 50 years |
Age Relaxation | SC/ST – 5 yrs, OBC – 3 yrs, PwBD – 10–15 yrs, Ex‑Servicemen – 5 yrs |
Education | CA/CMA/MBA/BE/B.Tech/Post‑graduation in relevant fields (Finance, Risk, Economics, Statistics, Commerce, Business Administration) |
Experience | Minimum 16 years in officer/executive cadre, with at least 11 years in relevant areas (Finance, Risk, Project Finance, Credit, Infrastructure) |
Minimum Position Last Held | Scale IV (Chief/Divisional Manager) in PSU Banks/Financial Institutions OR Grade C (AGM) in DFIs/PFIs OR equivalent PSU grades OR CTC ≥ ₹40 lakhs in private sector |
📊 Stream-wise Posts & Qualifications
Post Code | Stream | Tentative Posts | Essential Qualification | Experience |
D1 | Deputy CFO / Finance & Accounts | 1 | CA/CMA (ICMAI), CS, IndAS; Desirable: CFA/MBA | 16 yrs (11 yrs in finance/accounts/taxation/SAP) |
D2 | Deputy CRO / Risk Management | 1 | CA/CMA/MBA/BE/B.Tech/PG in Maths/Stats/Economics/Commerce; Desirable: FRM/PRM/CFA | 16 yrs (11 yrs in risk/credit/treasury/investments/climate risk) |
D3 | DGM – Project Finance / Sustainability Finance / Credit Monitoring / Strategy | 4 | CA/CMA/MBA (Finance)/BE/B.Tech/PG in relevant fields; Desirable: CFA/CAIIB | 16 yrs (11 yrs in project finance, credit appraisal, syndication, monitoring) |
📝 Selection Process
Mode: Interview (psychometric, technical & behavioural)
Merit List: Based on interview marks (≥60% for UR/EWS, ≥55% for SC/ST).
Additional Assessment: Group Discussion or other tools may be used.
Final Result: Published on IIFCL website.
📮 How to Apply
Mode: Offline only (by post).
Application Form: Download, fill, and send with self‑certified documents.
Address:
Head of Department (HoD),
Human Capital Management Department (HCMD),
India Infrastructure Finance Company Limited,
5th Floor, Plate A & B, Office Block 2,
NBCC Tower, East Kidwai Nagar,
New Delhi – 110023
Superscription: “APPLICATION FOR THE POST OF DEPUTY GENERAL MANAGER (GRADE ‘D’)”
Deadline: 8 June 2026 (applications received after this date will not be considered).
📥 Official Links
Download Official Notification (PDF): IIFCL DGM Recruitment 2026
Download Application Form: IIFCL Application Form
🛠️ Helpful Tools for Candidates
Age Calculator: Check Age Eligibility
Date Calculator: Calculate Dates
Photo Resizer/Editor: Resize Photos for Application
✨ Final Note
The IIFCL Deputy General Manager Recruitment 2026 offers 6 vacancies across Finance, Risk, and Project Finance streams. With an attractive pay scale, comprehensive perks, and the opportunity to shape India’s infrastructure financing, this is a golden chance for seasoned professionals to step into a leadership role in a premier government enterprise.
