IIFCL Grade B Notification 2026 Recruitment PDF

The IIFCL Grade B 2026 notification was released on 18 March 2026. This year, IIFCL has announced 4 vacancies for the IIFCL Grade B post.

The IIFCL Grade B exam registration process is now live, and you can submit your application forms until 10 April 2026.

In this article, I’ll cover all the important IIFCL Grade B 2026 notification details, including exam dates, vacancy breakdown, eligibility criteria, and other key highlights mentioned in the official IIFCL Manager recruitment notification.

IIFCL Grade B 2026 Notification: Important Dates

Here are the important dates mentioned in the IIFCL Grade B notification for the 2026 recruitment cycle:

Vacancy Number in IIFCL Grade B Notification 2026

The IIFCL Grade B 2026 notification mentions a total of 4 vacancies. Detailed category-wise distribution is provided below:

How to Download the IIFCL Grade B Notification PDF?

Click on the link to download the latest IIFCL Grade B 2026 Notification in PDF format.

Is the IIFCL Grade B Notification Available in Hindi?

Yes, click on the link to download the IIFCL Grade B 2026 Hindi notification in PDF format.

What Crucial Information is Mentioned in the IIFCL Grade B Notification PDF?

Below, I’ve listed other key information that you will find in the official IIFCL Grade B 2026 notification:

Salary of an IIFCL Grade B Officer

As per the latest IIFCL Grade B notification, below are the IIFCL Grade B salary details: 

• Basic Pay: ₹55,200 per month.
• Pay Scale: ₹55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years)
• CTC: ₹23.5 lakhs approx.
• Allowances: Dearness Allowance, Grade Allowance, Local Allowance, House Rent Allowance, Family allowance, Special Allowance, etc.
• Benefits: Along with the gross salary, IIFCL Grade B officers are entitled to several benefits (as mentioned in the notification), including:
  • Leased accommodation (in place of HRA)
  • Gratuity, leave encashment & leave travel concession
  • Medical reimbursement
  • Meal card and communication allowances (mobile, telephone, newspaper)
  • Education allowance, book grant & briefcase
  • House furnishing allowance
  • Festival advance (interest-free)
  • Loans at concessional rates (car, housing, PC, etc.)

Eligibility to Apply for IIFCL Grade B

The following eligibility criteria are mentioned in the official IIFCL Grade B notification: 

• Age Limit
  • Minimum Age: No restrictions
  • Maximum Age: 40 Years
    • Age Relaxation is given to the reserved categories
• Educational Qualifications
  • You must have any of the following qualifications:
    • Postgraduate degree or diploma in any discipline
    • Bachelor’s degree in Law (LLB) or BA + LLB (5 years)
    • Chartered Accountant (CA)
    • Company Secretary (CS)
    • Certified Management Accountant (CMA/ICWA)
    • B.Tech / B.E
• Work Experience
  • Minimum 7 years of experience in officer/executive roles, including at least 2 years in the financial sector, banks, financial institutions, PSUs, or reputed corporates.
• Nationality: Indian citizens only
• Number of Attempts: NO restriction

Important Note: Preference will be given to candidates with relevant experience in the banking, finance, or infrastructure sector.

Selection Process of the IIFCL Grade B Exam

As per the notification, the IIFCL Grade B selection procedure is a 2-stage process:

• Phase 1: Online Examination (Objective Type)
• Phase 2: Interview (Technical and Behavioural)

IIFCL Grade B Phase 1 Exam Pattern

• Mode: Online Objective Test
• Number of Papers: 2
  • Test 1: General Aptitude (Reasoning, Quantitative Aptitude, English, Current Affairs)
    • 100 marks, 100 questions, 60 minutes
  • Test 2: Domain Knowledge (Project Finance, Corporate Banking, Treasury, Risk Management, Accounting, Indian Economy, RBI/SEBI guidelines, etc.)
    • 100 marks, 50 questions, 60 minutes
• Total Marks: 200 (100 + 100)
• Total Questions: 150 (100 + 50)
• Duration: 120 minutes (60 + 60)
• Sectional Timing: No
• Negative Marking: 1/4th
  • Test 1: 0.25 marks per wrong answer
  • Test 2: 0.5 marks per wrong answer

You must secure a minimum aggregate mark as decided by IIFCL to qualify for the next stage.

IIFCL Grade B Interview Pattern

• Mode: In person
• Marks: 100
• Language: Hindi or English

Final Selection

• Selection is based on aggregate marks in Phase 1 (Test 1 & 2) and the interview.
• Weightage: Phase 1:Interview = 40:60.

IIFCL Grade B Syllabus 2026

IIFCL only states the subjects’ names and specifically mentions that this is just an indicative syllabus and not exhaustive. 

Here is the syllabus mentioned in the official IIFCL Grade B notification 2026: 

• Test 1 Syllabus:
  • Reasoning
  • Quantitative Aptitude
  • English Language
  • Current Affairs related to the Financial Sector
• Test 2 Syllabus: Domain Knowledge
  • Project Finance 
  • Corporate Banking, Treasury 
  • General Management 
  • Risk Management 
  • Corporate Governance in the Banking Sector 
  • Accounting and Taxation 
  • Indian Economy Financial / Banking System in India – Structure and concerns, Financial Institutions. 
  • Latest RBI/SEBI Circulars, Guidelines on NBFCs, Project Finance, NPA, etc. Annual reports of RBI, SEBI, IIFCL, etc.

Here you’ll find the detailed IIFCL Grade B Syllabus.

IIFCL Grade B Registration Guidelines

The official IIFCL Grade B notification provides crucial registration guidelines and explains how to apply for the exam:

Photograph Guidelines

• A recent, coloured passport-size photo with a white background
• Format: JPEG/JPG
• Dimensions: 200 x 230 pixels
• Size: 20–50 kb
• No hats, caps, or sunglasses

Signature Guidelines

• Sign on white paper with black ink
• Do not sign in CAPITAL letters
• Dimensions: 140 x 60 pixels
• Format: JPEG/JPG
• Size: 10–20 kb

Left Thumb Impression Guidelines

• Put your left thumb impression on a white paper with black or blue ink
• Dimensions: 240 x 240 pixels
• Format: JPEG/JPG
• Size: 20–50 kb

Declaration Guidelines

• Write the declaration clearly in English on white paper with black ink.
• Dimensions: 800 x 400 pixels
• Format: JPEG/JPG
• Size: 50–100 kb

How to Apply Online for the IIFCL Grade B 2026 Exam

• Visit the official IIFCL website and go to the Careers section.
• Click on “IIFCL Recruitment 2026 – Apply Online” for Assistant Manager/Manager.
• Register using your name, email, and mobile number.
• Log in and complete the application form:
  1. Personal details
  2. Education and work experience
  3. Professional qualifications (if any)
• Upload documents: photograph, signature, left thumb impression, declaration, and certificates.
• Pay the application fee online.
• Submit the form and save/print the confirmation for your records.

IIFCL Grade B Application Fee 2026

Here is the category-wise application fee to apply for the IIFCL Grade B 2026 exam:

• General/EWS/OBC: ₹600 (Examination Fee and Intimation Charges).
• SC/ST PwBD/Women: ₹100 (intimation charges only).
• Employees of IIFCL: NIL

IIFCL Grade B Exam Centers 2026

IIFCL conducts its Phase 1 in multiple cities across India to ensure nationwide access for candidates. Here is the tentative list of examination centers mentioned in the official IIFCL Grade B notification:

IIFCL Grade B Notification 2026: Things You Should Not Miss

Here are some other important things that you should not miss:

IIFCL Grade B Pre-Recruitment Training

IIFCL may conduct Pre-Recruitment Training (PRT) for candidates belonging to SC/ST/OBC/PwBD categories.

• The training is free of cost and is conducted online.
• It is held before Phase 1 (online exam) to help candidates understand:
  • The exam interface of the online test
  • The exam pattern and structure

Important Note: The Pre-Recruitment Training is optional and non-mandatory.

Action Against Misconduct Mentioned in the IIFCL Grade B Notification

You must provide true and complete information in your IIFCL Grade B application. Any of the following actions will be considered misconduct:

• Using unfair means in the exam or interview
• Impersonation or helping someone impersonate
• Misbehaving or leaking exam content
• Using improper methods to support candidature
• Carrying mobile phones or electronic devices in exam/interview

Consequences:

• Disqualification from the exam
• Debarment from future IIFCL exams (temporary or permanent)
• Termination of service if already employed with IIFCL
• Possible criminal action

What is Missing in the IIFCL Grade B Notification?

One of the most important aspects for aspirants is the complete recruitment timeline, and it is not mentioned in the official IIFCL Grade B notification.

To help you plan better, here is the complete timeline of the past 5 years. This will give you a clear idea of what to expect for the upcoming recruitment cycle, based on previous trends.

IIFCL Grade A Recruitment Timeline 

Here is the recruitment timeline of the previously conducted IIFCL Grade A exams:

IIFCL Grade A Recruitment Timeline: Key Takeaways

• IIFCL Grade A recruitment has not been conducted every year.
  • Recruitment was held in 2021, 2025, and 2026, while no recruitment took place in 2022–23 and 2023–24.
• The recruitment cycle has become faster.
  • In 2025–26, the process from notification to final result was completed in around 5 months, compared with around 8 months in 2024–25.
• The 2025–26 cycle was the fastest among the three cycles shown.
  • The Phase 1 exam was held about 3 months after the notification, and the final result was declared just one day after the interview.
• The gap between the Phase 1 result and the interview has varied.
  • It was around 3 weeks in 2025–26, compared with around 6 weeks in 2024–25.
• Interview-to-final-result time has reduced significantly.
  • In 2025–26, the final result was declared the next day, whereas it took around 8 days in 2024–25 and around 3 weeks in 2021–22.
• For future aspirants
  • The key takeaway is to keep interview preparation ready soon after the Phase 1 result, as the gap between the result and interview can be short.

IIFCL Grade A Application and Participation Trends

The table below shows the number of applications received and candidates who appeared at different stages of the IIFCL Grade B recruitment process.

Key Takeaways

• Applications more than doubled
  • Applications increased from 326 in 2021–22 to 689 in 2024–25, indicating a significant rise in interest in IIFCL Grade B recruitment.
• General category formed the majority
  • General category applicants accounted for 277 of 326 applications in 2021–22 and 518 of 689 applications in 2024–25.
• Aspirants should not judge competition only by applications
  • Not every applicant appears for the exam or reaches the interview. 
  • So, focus on clearing each stage rather than worrying about the total number of applications.

Final Thought

With the release of the IIFCL Grade B notification for 2026, it is an excellent opportunity for aspirants with a strong finance background. With only 4 vacancies in the IIFCL Grade B recruitment, competition will be high, so careful preparation and understanding of the exam pattern, syllabus, and eligibility are essential.

Remember, time is limited, so start early, stay organized, and make the most of all available resources to maximize your chances of securing this prestigious IIFCL Grade B position.