IIFCL DGM Grade D Recruitment 2026

About This Job

India Infrastructure Finance Company Limited (IIFCL) is hiring 6 Deputy General Manager (Grade D) officers on a regular basis. If you are a Chartered Accountant, CMA, MBA, or B.E./B.Tech holder with at least 16 years of work experience in finance or banking, you can apply. The starting basic pay is Rs. 1,10,050 per month and the total cost to company is around Rs. 58.25 lakhs per year. The last date to send your application by post is 8 June 2026.

India Infrastructure Finance Company Limited (IIFCL) DGM Grade D Recruitment 2026 - 6 Posts

India Infrastructure Finance Company Limited (IIFCL), a wholly owned Government of India company set up in 2006 to fund long-term infrastructure projects, has released notification number IIFCL/HCMD/2026/05 for 6 Deputy General Manager (Grade D) posts across three streams. These are senior officer-level posts in Finance & Accounts, Risk Management, and Project/Credit functions. There is no written exam — selection is done through an interview only. This is a chance for experienced finance professionals to join one of India's leading infrastructure lenders.

Vacancy Breakdown by Stream

• DGM - Project Finance / Sustainability Finance / Credit Monitoring / Credit Strategy (D3): 4 posts
• Deputy CFO - Finance & Accounts (D1): 1 post
• Deputy CRO - Risk Management (D2): 1 post

Category-wise Breakdown (total 6 posts):

• Unreserved (UR): 3
• Scheduled Castes (SC): 1
• Scheduled Tribes (ST): 1
• Other Backward Classes (OBC): 1

Posts are filled across all categories with horizontal reservation. A candidate recruited in any stream may be posted to any department of IIFCL as per requirement.

Who Can Apply?

For DGM - Project / Sustainability / Credit (D3) - 4 Posts

• Qualification: CA / CMA / MBA (Finance or equivalent) / B.E. / B.Tech / Post-graduation in Mathematics, Statistics, Economics, Commerce, Business Administration / 2-year PG Degree or Diploma in Finance or Management from a recognised university
• Desirable: CFA / CAIIB / other certification in credit or risk
• Experience: At least 16 years in officer/executive cadre, of which 11 years in finance, banks, financial institutions, PSUs, or reputed corporates

For Deputy CFO - Finance & Accounts (D1) - 1 Post

• Qualification: CA or CMA (mandatory)
• Desirable: CFA / MBA / IndAS certification / Company Secretary (CS)
• Experience: 16 years total, with 11 years in finance/accounts/taxation; preference for banking, finance, or infrastructure sector experience

For Deputy CRO - Risk Management (D2) - 1 Post

• Qualification: CA / CMA / MBA / B.E. / B.Tech / PG in Mathematics, Statistics, Economics, Commerce, or Business Administration
• Desirable: FRM / PRM / CFA / SCR certification
• Experience: 16 years total, with 11 years in finance; preference for risk, credit, treasury, or forex experience

All qualifications must be from a university or institution recognised by UGC / AICTE / Government of India. Only post-qualification experience counts towards the minimum experience.

Age Limit

• You must not have crossed 50 years of age as on 30 April 2026.
• Age Relaxation: SC/ST get 5 years, OBC (non-creamy layer) get 3 years, PwBD get 10 years (13 years for OBC-PwBD, 15 years for SC/ST-PwBD), Ex-Servicemen get 5 years.
• There is no reservation for Ex-Servicemen in the officers' cadre, though age relaxation applies.

Salary

• Starting basic pay: Rs. 1,10,050 per month in the Grade D pay scale (Rs. 1,10,050 - 1,39,550).
• You also get Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance (15% of basic if lease facility is not used), and Special Allowance.
• The total cost to company (CTC) for a DGM is around Rs. 58.25 lakhs per year.
• Other benefits include leased accommodation, gratuity, leave encashment, medical reimbursement, meal card, children education and book grant, and loans at concessional rates.
• The pay scale is currently due for revision. Candidates with JAIIB/CAIIB or professional qualifications may get extra increments.

Selection Process (No Written Exam)

Selection is done in the following way:

1. Shortlisting: IIFCL screens applications and shortlists the required number of candidates based on qualification, experience, and suitability.
2. Interview: A psychometric, technical, and behavioural interview held at the IIFCL office in New Delhi. You can choose to give the interview in Hindi or English.

Final selection is based on the merit list prepared from interview marks. You need 60% marks or above (55% for SC/ST) in the interview to be placed on the merit list. IIFCL may also conduct a Group Discussion as an additional assessment.

How to Apply

1. Download the application form from the IIFCL website at www.iifcl.in.
2. Fill in the form completely and sign it.
3. Attach all required documents (qualification, experience, category, and age proof).
4. Send the completed application by post only to IIFCL's registered office in New Delhi.
5. Make sure your application reaches IIFCL by 8 June 2026.

Applications by any other mode (online or email) will not be accepted. Submit only one application.

Important Dates

• Notification Date: 8 May 2026
• Cut-off Date for Eligibility (age, qualification, experience): 30 April 2026
• Last Date for Receipt of Application by Post: 8 June 2026
• Interview Date: To be announced

• Handle project finance, credit appraisal, and processing of credit proposals for infrastructure projects
• Manage credit syndication, credit monitoring, and credit rating activities
• Prepare and review financial reports, risk assessments, and sustainability finance plans
• Monitor large corporate credit and infrastructure project portfolios
• Work with internal teams on credit strategy planning and risk management frameworks
• Follow IIFCL policies and Government of India guidelines on lending and reporting
• Assist senior management with financial decisions, audits, and compliance