IFSCA Grade A Cut off for Phase 1 & 2: 2025 Phase 1 Marks Out

IFSCA has released the detailed IFSCA Grade A Phase 1 marks for Paper 1 and Paper 2 (exam held on 11 October 2025) on 19 November 2025. 

If you appeared for the exam, you can now check your marks. If you’re preparing for the next recruitment cycle, understanding the cut-off will help you measure the level of competition and set realistic targets.

In this article, you’ll find the complete IFSCA Assistant Manager cut-off details for 2025, 2024, and 2023. Use these insights to plan your preparation more effectively.

IFSCA Grade A Cut Off 2025

Below you’ll find the IFSCA Grade A 2025 cut offs marks criteria for Phase 1 (Paper 1 + Paper 2). 

Click on the link below to download the list of IFSCA Grade A 2025 Phase 1 Detailed Marks.

IFSCA Assistant Manager Phase 1 Cut Off 2025

• IFSCA Grade A Phase 1 is qualifying in nature.
• You must clear the sectional and overall cut offs in both IFSCA Grade A Paper 1 and Paper 2. 
• The cut off is the same for all categories.

Below is the IFSCA Grade A Phase 1 cut off marks criteria:

These are the minimum qualifying marks for each section and the combined score. Clearing all 3 is mandatory to be shortlisted for Phase 2.

Note: Even if you score high in Paper 2, failing to meet the Paper 1 cut off (vice versa) will lead to disqualification.

IFSCA Assistant Manager Phase 2 Cut Off 2025

The IFSCA Grade A Phase 2 exam was held on 15 November 2025, and the result is currently awaited.

IFSCA Grade A Cut Off 2024

Below are the official IFSCA Grade A 2024 cut offs for the General Stream.

IFSCA Assistant Manager Phase 1 Cut Off 2024

IFSCA Grade A 2024 Phase 1 cut off is the same for all categories.

IFSCA Assistant Manager Phase 2 Cut Off 2024

• IFSCA Grade A Phase 2 is the most important written stage in the IFSCA Grade A exam.
• It consists of two papers: Descriptive English and a specialized stream paper.
• This round carries weightage in the final merit list, so the cut-offs are relatively competitive.

Here are the official IFSCA Grade A Phase 2 cut-off marks (2024) for the General Stream:

These are the minimum marks required to be shortlisted for the interview round.

Reminder: In Phase 2, the cutoff of Paper 2 (specialized subject) is 40% and holds 2/3rd weightage of the total marks, while the cutoff of Paper 1 (Descriptive English) is 30% and holds 1/3rd weightage.

IFSCA Assistant Manager Final Cut Off 2024

The IFSCA Grade A final cut off 2024 is the deciding factor for your selection as an Assistant Manager. It is calculated by combining your Phase 2 marks and your interview score, with a weightage of 85:15, respectively.

Below are the category-wise IFSCA Grade A final cut off marks for the General Stream:

IFSCA Grade A Cut Off 2023

To understand how competitive the exam has been in previous years, let’s take a look at the IFSCA Grade A 2023 cut off, too. 

This will help you estimate the expected trend for the upcoming cycle and plan your strategy accordingly.

IFSCA Assistant Manager Phase 1 Cut Off 2023

In 2023, the IFSCA Grade A Phase 1 cut off was fixed. It followed a minimum qualifying mark system for both papers.

If you scored above the minimum in both papers and crossed the aggregate mark, you moved to Phase 2.

IFSCA Assistant Manager Phase 2 Cut Off 2023

After clearing Phase 1, candidates had to meet the prescribed IFSCA Grade A Phase 2 cut off 2023 to qualify for the interview round. The cut-off varied slightly across categories.

The IFSCA Grade A cut off 2023 shows how close the scores were across categories. It reflects a moderately tough paper and stiff competition.

IFSCA Assistant Manager Final Cut Off 2023

The final selection was based on combined marks from Phase 2 and the interview round, with an 85:15 weightage, respectively. 

Below is the IFSCA Grade A final cut off 2023 for the General Stream:

IFSCA Assistant Manager Cut Off: Key Takeaways

These cut off trends give a real picture of the competition and help you shape a smart IFSCA Grade A preparation strategy.

1. Phase 2 Cut Off Has Increased Sharply

In 2023, the Phase 2 cut off for the General category was 59.67. In 2024, it jumped to 69.66. That’s almost a 10-mark rise in just one year.

You need to aim higher for Phase 2. A safe target should be 70+ marks, especially if you’re in the General category.

2. Final Selection Depends Heavily on Phase 2

The final cut off in 2024 for the General category was 72.44, while the Phase 2 cut off was already 69.66. That means interview marks made a small difference.

Since Phase 2 carries 85% weight, your written score decides your fate. Even if your interview goes average, a high written score can carry you through.

3. Descriptive English Can Be a Deciding Factor

Many candidates perform well in MCQs but fall short in the English descriptive paper.

Don’t ignore descriptive English. Practice essay, precis, and comprehension regularly to avoid last-minute panic.

4. Paper 2 Needs Core Concept Clarity

Candidates often focus only on current affairs, but most questions in Phase 2 Paper 2 test your concepts in finance, markets, and IFSCA-related topics.

Revise fundamentals well. Just reading headlines won’t fetch you a high Paper 2 score.

5. Every Stage Matters

From Phase 1 to Final Merit, the level of competition is rising each year. Cut offs are getting tighter and selection margins are smaller.

You cannot afford to be casual at any stage. Treat every paper, Phase 1, Phase 2, and Interview with full focus.

How to Check IFSCA Assistant Manager Cut Off?

Once the exam is conducted and results are out, the IFSCA Grade A cut off is published on the official website. Here’s how you can check it:

1. Visit the Official IFSCA Website

Go to IFSCA website.

2. Click on the ‘Careers’ Section

Scroll to the bottom of the homepage and click on ‘Careers’ under the Quick Links.

3. Find the Cut Off Notification

Look for the recruitment section titled “Declaration of Cutoff marks” for the correct year and click on the “eye” icon in the adjacent column. A PDF will open up.

4. Download the PDF

The IFSCA Assistant Manager cut off will be mentioned in the marks notice PDF. Download and scroll to the cut-off section.

5. Check Your Category and Stream

Make sure you check the cut off for the correct stream (General) and category (UR, EWS, etc.)

Closing Note

The IFSCA Grade A cut off helps you understand the competition and set a clear target. Whether you’re aiming for Phase 1, Phase 2, or the final selection, knowing the cut-offs gives your preparation a proper direction.

Stay consistent, keep revising, and use the IFSCA Grade A cut off as a benchmark. 

Best of luck with your preparation!