Indian Railway Finance Corporation Limited (IRFC), a Schedule ‘A’ Navratna PSU under the Ministry of Railways, has released Advertisement No. 01/2026 dated 04.04.2026 inviting online applications for Assistant (NE5 Level) and Assistant Manager (Finance) – E1 Level posts. IRFC plays a crucial role in financing railway infrastructure and rolling stock projects across India.
Key Highlights
Notification No.: 01/2026
Application Start Date: 4 April 2026
Last Date to Apply: 1 May 2026 (till 23:45 hrs)
Tentative CBT Exam: June 2026
Mode of Application: Online only
Selection Process: Computer Based Test (CBT) → Document Verification → Interview → Medical Test
Vacancy Details & Qualifications
Assistant (NE5 Level)
Post Code | Scale of Pay | Vacancies | Reservation (Vertical) | Horizontal Reservation | Qualification | Age Limit | Medical Category |
01 | ₹21,000 – 74,000 | 16 | UR – 6, SC – 2, ST – 1+1* (backlog), OBC‑NCL – 4, EWS – 2 | PwBD – 1, Ex‑Servicemen – 2 | 3‑year Bachelor’s Degree in Commerce with min 60% marks AND Passed Intermediate Exam of ICAI/ICMAI | 18–30 yrs | C1 |
Assistant Manager (Finance) – E1 Level
Post Code | Scale of Pay | Vacancies | Reservation (Vertical) | Horizontal Reservation | Qualification | Age Limit | Medical Category |
02 | ₹40,000 – 1,40,000 | 7 | UR – 2, SC – 1, ST – 1, OBC‑NCL – 1+1* (backlog), EWS – 1 | Ex‑Servicemen – 1 | 3‑year Bachelor’s Degree in Commerce with min 60% marks AND CA/CMA OR 2‑year MBA/PGDM (Finance) | 18–30 yrs | C1 |
Age Relaxation
SC/ST – 5 years
OBC (NCL) – 3 years
PwBD – 10 years (SC/ST PwBD – 15; OBC PwBD – 13)
Ex‑Servicemen – As per Govt. rules (UR/EWS – 3 yrs, OBC – 6 yrs, SC/ST – 8 yrs)
IRFC employees – 8 years
Max age including relaxations – 56 years
Pay Scale & CTC
Post | Pay Scale | Approx. CTC |
Assistant (NE5) | ₹21,000 – 74,000 | ₹8.00 lakh |
Assistant Manager (Finance) – E1 | ₹40,000 – 1,40,000 | ₹16.00 lakh |
Additional benefits: DA, HRA, Retirement Benefits, Cafeteria Allowance, PRP, Medical Facilities, Gratuity, Leave Encashment, and other perks.
Selection Process
Post | CBT | Document Verification | Interview | Medical Test |
Assistant (NE5) | ✔ | ✔ | ✔ | ✔ |
Assistant Manager (Finance) – E1 | ✔ | ✔ | ✔ | ✔ |
Selection will be strictly merit‑based following reservation rules.
CBT followed by DV, Interview (for Assistant Manager), and Medical Test.
Official Links
Download Official Notification (PDF): IRFC Recruitment 2026 Notification
Apply Online: IRFC Recruitment Portal
This recruitment drive by IRFC offers 23 vacancies for Assistant and Assistant Manager (Finance) posts with attractive pay packages and career growth opportunities in a prestigious Navratna PSU. Candidates with commerce, CA/CMA, or MBA (Finance) backgrounds should not miss this chance to contribute to India’s railway infrastructure financing.