IIFCL Grade A- AM Recruitment 2023 | Notification, Eligibility

Ripul Agarwal | Updated On - March, 23 2023

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IIFCL Grade A- AM Recruitment 2023 | Notification

India Infrastructure Finance Company Limited has published the IIFCL Grade A - AM Recruitment 2023 Notification on its official website @www.iifcl.in. The notification is about recruiting candidates for the 26 posts of Assistant Manager. Candidates can submit their application form from 11 March 2023 to 02 April 2023.
Official Notification (English)
Official Notification (Hindi)

IIFCL Grade A- AM Recruitment 2023 | Overview

Candidates can check the complete overview of IIFCL Grade A- AM Recruitment 2023 in the table below-
Particulars Dates
Organization India Infrastructure Finance Company Ltd
Exam Name IIFCL Exam 2023
Post Assistant Manager Grade A
Vacancy 26
Category Government Job
Job Location All India
Application Mode Online
Official Website Click Here

IIFCL Grade A- AM Recruitment 2023 | Important dates

Candidates can check the table below for important dates for the IIFCL Grade A- AM Recruitment 2023 recruitment exam-
Events  Dates
IIFCL Recruitment 2023 Short Notice 1st March 2023
Apply Online Start Date 11th March 2023
Apply Online Close Date 2nd April 2023
Exam Date (Tentative) April 2023

IIFCL Grade A- AM Recruitment 2023 | Application Fee

Candidates appearing for IIFCL Grade A- AM Recruitment 2023 can check the table below for category-wise application fees-
Category  Application Fees Intimation Charges
UR/EWS/OBC Rs. 500/- Rs. 100/-
SC/ST/PwD NIL NIL

IIFCL Grade A- AM Recruitment 2023 | Eligibility

Admission criteria is one of the most important factors, which includes age limit and educational qualifications. Here we have provided the complete eligibility criteria for IIFCL Grade A- AM Recruitment 2023.
Educational Qualification
As mentioned in the Notification PDF, candidates should possess the following Educational Qualification for IIFCL Recruitment 2023-
  • Candidates must be a Post-Graduate in any discipline /MBA/PGDM/LLB/ BA+LLB (5 years)/CA/B.Tech/B.E
Age Limit
Candidates can check the minimum and maximum age limit (as on 28 February 2023) for IIFCL Recruitment 2023 in the table below-
Minimum  Maximum
21 Year 30 Year
Work Experience Criteria
Grade Minimum post qualification work experience
A(regular) Essential: 01 year in officer cadre in 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

IIFCL Grade A- AM Recruitment 2023 | Vacancy

As per the IIFCL Recruitment 2023 notification, IIFCL has announced a total number of 26 vacancies for the post of Assistant Manager Grade A under the IIFCL Grade A- AM Recruitment 2023-
Category No. of Posts
UR 8++
ST 02
SC 04
OBC 08
EWS 04
Total 26

IIFCL Grade A- AM Recruitment 2023 | Selection Process

The selection process for the IIFCL Grade A- AM Recruitment 2023 is given below-
  •  The selection would be done by way of screening, written examination, behavioural examination and interview. IIFCL reserves the right to call only the requisite number of candidates for the written examination, behavioural examination and interview only after preliminary screening/ shortlisting about the candidate’s qualifications, experience, suitability, etc. The decision of IIFCL shall be final and binding.
  •  Candidates are to apply online at the link on the website of IIFCL.
  • Candidates have to ensure that the data they have filled in regarding work experience, age, education qualification etc. is correct. In case it is found that any such data provided is incorrect, the candidature is liable to be cancelled and no representation in this regard would be entertained. The candidates would be screened based on their eligibility for the post.
  • The provisionally eligible candidates would then be called for a written test.

IIFCL Grade A- AM Recruitment 2023 | Exam Pattern

Candidates eligible for IIFCL Grade A- AM Recruitment 2023 can check the table below for the exam pattern-

Section

Section of Test

Type of Test

Weightage (%)

No. of Questions

Max. Marks

Time

Section I

Test of Reasoning

Objective

20

25

25

60 Minutes

Quantitative Aptitude

Objective

20

25

25

English Language

Objective

15

20

20

Current Affairs related to Financial Sector

Objective

10

30

30

Total

 

 

100

100

Section 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

 

IIFCL Grade A- AM Recruitment 2023 | Syllabus

Candidates eligible for the recruitment process for IIFCL Grade A- AM Recruitment 2023 can check below for the detailed syllabus-
Reasoning
-Puzzles
-Seating Arrangements
-Direction Sense
-Blood Relation
-Syllogism
-Order and Ranking
-Coding-Decoding
-Machine Input-Output
-Inequalities
-Alpha-Numeric-Symbol Series
-Data Sufficiency
-Logical Reasoning (Passage Inference, Statement, Assumption, Conclusion,)
Quantitative Aptitude-
-Number System
-Percentages
-Ratio and Proportion.
-Algebra
-Set Theory
-Probability
-Lines and Angles, Triangles, Quadrilaterals, Circles, Coordinate Geometry.
-Mensuration: Areas and Volumes.
-Trigonometry: Trigonometric Ratios, Heights, and Distances.
-Data Interpretation: Tabulation, Bar Graphs, Line Graphs, Pie Charts.
-Speed, Time, and Distance
-Work and Time
-Mixtures and Allegations
English-
-Reading Comprehension
-Chose Test
-Fillers
-Sentence Errors
-Vocabulary
-Sentence Improvement
-Jumbled Paragraph
-Paragraph Based Questions
Current Affairs-
-Recent trends and developments in the banking sector.
-Introduction and implementation of various government policies related to the financial sector.
-Important financial regulatory bodies and their recent updates.
-Merger and acquisition deals in the banking and finance industry.
-Banking reforms and restructuring efforts by the government.
-Changes in the interest rate by the Reserve Bank of India.
-Launch of new financial schemes and services by banks.
-Performance of the Indian economy and its impact on the financial sector.
-Initiatives to promote digital and cashless transactions.
-Changes in the tax regime and their impact on the financial sector.
-Update on Non-Performing Assets (NPAs) and their resolution.
-Fintech companies and their contribution to the financial sector.
-India’s position in the global financial market.
-Updates on the Securities and Exchange Board of India (SEBI) and stock markets.
-Recent developments in the insurance sector
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

IIFCL Grade A- AM Recruitment 2023 | Answer Key

Candidates  who qualify for the IIFCL Grade A- AM Recruitment 2023 selection process can check the answer key after completion of the examination on the official website of IIFCL. The answer key will be uploaded on the official website after the completion of the exam.

IIFCL Grade A- AM Recruitment 2023 | Result

The results for IIFCL Grade A- AM Recruitment 2023 will be published on the official website of IIFCL after the completion of the exam.

IIFCL Grade A- AM Recruitment 2023 | Previous Year Question Paper

Click on the link below for previous year's question papers-
Quantitative-Aptitude-Model-Question-Papers-1-1
Reasoning-Eng-Gen-Question-NM
Old-Model-Questions-NM

IIFCL Grade A- AM Recruitment 2023 | Recommended Books

Reasoning-
Quantitative Aptitude-
English-
Current Affairs

IIFCL Grade A- AM Recruitment 2023 | Quick Links

Particulars Quick Links
IIFCL Grade A - AM Recruitment 2023 Notification Download Notification 
Previous Year Question Paper Old Model Q Paper
Previous Year Reasoning Q Paper Download
Previous Year Quantitative Aptitude Download
IIFCL Official Website Click Here

IIFCL Grade A- AM Recruitment 2023 | FAQs

Q 1. How many vacancies have been announced under the IIFCL Recruitment 2023?
Ans. There are a total number of 26 vacancies announced under the IIFCL Recruitment 2023.
Q 2. What is the last date to apply for IIFCL Recruitment 2023?
Ans. The last date to apply for IIFCL Recruitment 2023 is 02 April 2023.
Q 3. What is the prescribed age limit for IIFCL Recruitment 2023?
Ans. The prescribed age limit for IIFCL Recruitment 2023 is 21 to 30 years.
Q 4. What is the Application Start Date?
Ans. Candidates can apply online from 11.03.2023.
Q 5. What is the Gross Monthly Salary of an Assistant Manager Grade A in IIFCL?
Ans. The Approximate Cost To a Company For An Assistant Manager Grade A Is Rs. 18 Lakhs. The pay scale is Rs. 28150-1550(4) — 34350 -1750(7) —46600 —EB — 1750(4) — 53600 —2000(1) -55600 (17 Years). Gross Monthly Salary (Approx.) Is Rs. 80,000.
Q 6. How many sections are there in IIFCL Grade A Syllabus 2023?
Ans. There are 5 sections in IIFCL Grade A Syllabus 2023, namely - Reasoning, Quantitative Aptitude, English Language, and Current Affairs related to the Financial Sector and domain knowledge.

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