IIFCL Assistant Manager Grade 'A'
Total Vacancy:40
Short Notice: Online applications are invited from Indian citizens who fulfill the essential qualifications and other eligibility conditions for Various posts as Assistant Manager on Grade 'A' Posts. Eligible candidates who are interested in the post and meet all eligibility criteria can refer to the notification for other details like qualifications, exam date, syllabus, age limit and pay scale and Apply Online on official website of IIFCL till Last Date: 23/12/2022.
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IMPORTANT DETAILS:
Important Dates
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Age Limit
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Application Fee
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Important Links |
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Apply Online | Click Here |
Notification | IIFCL Notification |
Official Website | IIFCL Offical Website |
Eligibility Criteria for Various Posts
Post | Total Posts | Eligibility Criteria |
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Project Financing, Stressed Asset Management | 4 |
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Accounts | 5 |
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Resource and Treasury | 2 |
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Information Technology | 2 |
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Legal | 2 |
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Secretarial functions | 1 |
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Corporate Social Responsibility | 1 |
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Environment and Social Safeguard | 2 |
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Risk Management | 2 |
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Procurement | 1 |
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Human Resource | 2 |
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Research and Analysis | 1 |
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Rajbhasha | 1 |
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Compliance and Audit | 1 |
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Corporate Communications | 1 |
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General | 12 |
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Selection Procedure for Various Posts
Selection Process Overview
Selection for the aforementioned posts will be done through ONLINE Examination (Phase – I) and Interview – Technical and Behavioural (Phase II).
Phase I - Online Examination (Objective Type)
This will comprise a single Paper for 200 marks. A candidate, however, must appear for examination in only one shift on the given day. The date, time, and venue on which a candidate has to appear for the examination will be specified in the Admission Letter (AL) to be downloaded by the candidate from our website (www.iifcl.in).
The Structure of Written Examination will be as follows:
Test | Max Marks | Time |
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Reasoning | 25 | 60 Minutes |
Quantitative Aptitude | 25 | 60 Minutes |
English Language | 25 | 60 Minutes |
Current Affairs related to Financial Sector | 25 | 60 Minutes |
Total (Test I) | 100 |
Test | Max Marks | Time |
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Domain Knowledge* | 100 | 60 Minutes |
Grand Total (Test I + Test II) | 200 |
A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test (I and II). Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the Admission letter for the examination from IIFCL’s website.
Candidates have to secure minimum marks in aggregate, as may be prescribed by IIFCL. However, IIFCL reserves the right to waive/modify the minimum qualifying marks without any prior intimation.
Phase II - Interview (Technical and Behavioural)
Candidates will be shortlisted for the interview based on marks obtained in Phase-I (Written Examination). The minimum aggregate cut off marks for being shortlisted for Interview will be decided by IIFCL in relation to the number of vacancies.
The Interview held by IIFCL will be of 100 marks. Candidates may opt for the interview either in Hindi or English.
Final Selection will be through a merit list, which will be prepared by adding marks secured by candidates in the Written Examination (Phase I) and Interview (Phase II) as applicable as per extant rules.
GENERAL GUIDELINES for IIFCL
- Candidate who is eligible and desires to apply for the post should submit an ON-LINE application with requisite fee/ intimation charges (wherever applicable). No other means/mode of application will be accepted.
- Candidates should satisfy themselves about their eligibility for the post applied for. Candidates seeking reservation/ relaxation benefits available for SC/ST/OBC/EWS/PwBD/Ex-servicemen must ensure that they are entitled to such reservation/ relaxation as per eligibility prescribed. At the time of the interview, they should also be in possession of all the requisite certificates in the prescribed format in support of their claim as stipulated for such benefits. Candidates not in possession of requisite certificate at the time of interview will not be allowed to appear in interview. SC/ST/OBC(NCL) candidates belonging to states where caste certificate issued by the Competent Authority is valid only.
- Before filling in the application form, the candidates must ensure that they fulfil all the eligibility criteria with respect to age, educational qualification, work experience etc. as on November 30, 2024 in respect of the post for which he / she is making the application and that the particulars furnished in the application form are correct in all respects.
- Decision of IIFCL in all matters regarding eligibility of the candidate, the stages at which such scrutiny of eligibility is to be undertaken, the documents to be produced for the purpose of the interview, selection, interview, assessment, prescribing minimum qualifying standards in both the Examination and Interview, in relation to number of vacancies, communication of the result and any other matter relating to recruitment will be final and binding on the candidates. No correspondence or personal enquires shall be entertained by IIFCL in this regard.
- In case it is detected at any stage of recruitment that a candidate does not fulfil the eligibility norms and/or that he/she has furnished any incorrect / false information / certificate / documents or has suppressed any material fact(s), his/her candidature will stand cancelled. If any of these shortcomings is/are detected even after appointment, his/her services are liable to be terminated.
- IIFCL reserves the right to raise/ relax the minimum eligibility standard, etc., in order to restrict the number of candidates to be called for interview to commensurate with the number of vacancies. No separate communication / notification shall be issued in this regard.
- Printout of the online application form and any other document (in original or copy thereof) SHOULD NOT BE SENT to IIFCL.
- IIFCL does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of or for any other reason.
- Any request for change of address / change of centre for written examination and / or interview shall not be entertained.
- IIFCL has the right to reject any application/ candidature at any stage without assigning any reason and the decision of IIFCL shall be final.
- IIFCL has the right to reject/cancel, entirely or partially, the selection process/advertisement at any stage without assigning any reason and the decision of IIFCL shall be final in this regard.
- Application once made will not be allowed to be withdrawn and the Application cum processing fee/ postal charges once paid will NOT BE refunded on any account nor would be held in reserve for any future examination or selection.
- Sufficient copies of the recent passport size, colour photograph (without dark glasses) which is pasted on the ‘ONLINE’ call letter, should be retained for subsequent recruitment formalities. Candidates are advised not to change their appearance till the entire recruitment process is over. Failure to produce the same photograph subsequently may lead to disqualification.
- The candidates will have to appear/ attend for the Pre-Recruitment Training / Online examination / Personal Interview at their own cost and risk. IIFCL shall not be responsible for any injury / loss etc. of any nature to any candidate.
- Candidates will have to appear for the interview (as applicable) at their own expense. However, eligible outstation SC/ST/Persons with Disabilities category candidates called for interview will be reimbursed to and fro IIIrd AC rail ticket (mail/express only) or bus fare or actual expenses incurred, whichever is less, by shortest route on production of proof of travel (rail/ bus ticket etc.). Request for local conveyance will not be entertained. A candidate, if found ineligible for appearing in interview will not be reimbursed any travel fare. No reimbursement will be made for non-submission or late submission, after the date of the interview. In case a candidate travels by higher mode of travel, the reimbursement will be as per IIIrd AC rail fare of mail express train only.
- At the time of interview, the candidate will be required to provide details regarding criminal cases(s), vigilance cases pending against him/ her, if any. IIFCL may also conduct independent verification, inter alia, including verification of police records etc. IIFCL reserves the right to deny the selection/appointment depending upon such disclosures and/ or independent verification.
- For currently employed Govt. / Public Sector / Autonomous Bodies employees, candidates have to produce “No Objection Certificate” from the current employer at the time of interview, failing which candidate will not be allowed to appear for interview.
- Selected Candidates, who are already in service of Government / Quasi –Government organizations, Public Sector Banks / Undertakings, must produce a ‘proper relieving letter / discharge certificate in original’ from their present Employer at the time of reporting for duty, failing which they shall not be allowed to report for duty. Therefore, candidates, who are already in service of Government / Quasi -Government organizations, Public Sector Banks / Undertakings, may like to obtain prior permission / No objection certificate from their present employer before applying in IIFCL as per rules / regulations of their present employers in this regard.
- Any notice/communication meant for the candidates displayed on the IIFCL’s website or sent by Registered/Speed Posts or conveyed to the email id mentioned in the application at the time of registration with IIFCL, shall be deemed to be sufficient service of communication upon the candidate, for all purposes.
- In case of any corrigendum issued on the above advertisement and further announcements, it will be published only on IIFCL’s website www.iifcl.in.
- Any resulting dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at New Delhi.
- Canvassing in any form will lead to disqualification.
- Any changes /modifications/notices with reference to this recruitment advertisement will be placed on Company’s website only. Candidates applying for the post are advised to visit the website (www.iifcl.in) regularly for updates.