Are you looking for a rewarding career in the infrastructure finance sector? IIFCL Projects 2025 Recruitment, a wholly owned subsidiary of India Infrastructure Finance Company Limited, has announced exciting job opportunities for qualified professionals. This comprehensive guide breaks down everything you need to know about their latest recruitment drive for Manager (Grade B) and Assistant Manager (Grade A) positions.
Job Overview: What’s on Offer?
IPL is currently recruiting for:
- 4 Manager (Grade B) positions – with an attractive starting basic pay of ₹55,200 per month
- 4 Assistant Manager (Grade A) positions – with a starting basic pay of ₹44,500 per month
The approximate cost to company (CTC) for these roles is impressive – approximately ₹23.5 lakhs for Managers and ₹19 lakhs for Assistant Managers.
About IIFCL Projects Limited
Established in February 2012, IPL provides financial and infrastructure advisory services to various central and state government entities, local bodies, and private developers. The company specializes in:
- Financial advisory services
- Infrastructure project consulting
- Capacity building
- Policy advocacy
IPL works across various infrastructure sectors including roads, highways, ports, airports, power (including renewable), tourism, urban infrastructure, water supply, sewerage projects, and solid waste management.
Key Dates to Remember
| Event | Important Date |
|---|---|
| Online Registration Opens | April 16, 2025 |
| Online Registration Closes | May 14, 2025 |
| Cut-off date for eligibility criteria | March 31, 2025 |
| Tentative Online Examination | May/June 2025 |
| Tentative Interview Schedule | May/June 2025 |
| Declaration of Final Result | June/July 2025 |
Eligibility Criteria
Age Limit (as on March 31, 2025)
- Manager (Grade B): Maximum 40 years
- Assistant Manager (Grade A): Maximum 30 years
Age relaxation is available for SC/ST/OBC/PwBD/Ex-Servicemen as per government guidelines.
Educational Qualifications
For both positions, candidates must have:
- Post-Graduate/Graduate in any discipline, OR
- MBA/PGDBM, OR
- B.Tech, OR
- Chartered Accountant (CA), OR
- Cost Accountant (CWA), OR
- LLB
Experience Requirements
For Manager (Grade B):
- 2 years in Financial Advisory/PPP structuring/Contract Management/Public Procurement/Syndication/Project Finance/Project Management/Project Appraisal/Bid Process Management/Corporate Strategy/Legal Advisory/Policy Advocacy/Credit Rating/Fund Raising/Risk Analysis/Technical Report Writing/DPR in financial sector/Banks/Financial Institutions/PSUs/reputed corporates
- Overall experience of minimum 7 years
For Assistant Manager (Grade A):
- Minimum post qualification experience of 2 years in Finance Institution or commercial Bank, OR
- Minimum post qualification experience of 2 years in Financial Advisory/PPP structuring/Contract Management/Public Procurement/Syndication/Project Finance/Project Management/Project Appraisal/Bid Process Management/Corporate Strategy/Legal Advisory/Policy Advocacy/Credit Rating/Fund Raising/Risk Analysis/Technical Report Writing/DPR in financial sector/Financial Institutions/PSUs
Selection Process
The selection process consists of two phases:
Phase I – Online Examination (Objective Type)
- Total marks: 200
- Duration: 120 minutes (60 minutes for each test)
Test Structure:
- Test I (100 marks): Reasoning, Quantitative Aptitude, English Language, Current Affairs related to Financial Sector
- Test II (100 marks): Domain Knowledge including Project Finance, Corporate Banking, Treasury, Risk Management, Corporate Governance, Accounting and Taxation, Indian Economy, Financial/Banking System in India, etc.
Phase II – Interview (Technical and Behavioral)
- 100 marks
- Candidates can opt for interview in either Hindi or English
The final selection will be based on a merit list prepared by adding marks from both phases, with a weightage of 40:60 for the Online Examination and Interview respectively.
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Application Fee
| Category | Fee | Description |
|---|---|---|
| SC/ST/PwBD | ₹100 | Intimation Charges |
| Others (including UR/EWS/OBC) | ₹600 | Examination Fee and Intimation Charges |
How to Apply
Applications must be submitted ONLINE through IPL’s website (www.iifclprojects.in). The application process includes:
- Registration with personal details
- Uploading required documents:
- Recent passport-style color photograph (4.5cm × 3.5cm)
- Signature (with black ink)
- Left thumb impression (on white paper with black or blue ink)
- Handwritten declaration (on white paper with black ink)
- Payment of application fee
- Submission of application
Benefits and Perks
Selected candidates will enjoy numerous benefits including:
- Dearness Allowance
- Grade Allowance
- Local Allowance
- House Rent Allowance (15% of Basic Pay if lease facility not availed)
- Family allowance
- Special Allowance
- Leased accommodation facility
- Gratuity
- Leave fare concession
- Leave encashment
- Medical expense reimbursement
- Meal card
- Mobile and residential telephone allowance
- Educational benefits for children
- Various loans at concessional rates
Career Growth and Service Conditions
- Probation Period: 2 years (extendable up to 4 years at IPL’s discretion)
- Posting/Transfer: Selected candidates may be posted anywhere in India as per IPL’s requirements
- Additional increments may be provided for candidates with JAIIB/CAIIB/professional qualifications
Pre-Recruitment Training
IPL will conduct free Pre-recruitment Training (PRT) in online mode for SC/ST/OBC(NCL)/PwBD candidates who successfully clear Phase I of the selection process. Interested candidates should indicate their willingness while filling the online application form.
Important Tips for Applicants
- Double-check eligibility: Ensure you meet all requirements before applying
- Keep documents ready: Prepare all necessary certificates and identification proofs
- Mark important dates: Don’t miss application deadlines and exam dates
- Practice for the exam: Familiarize yourself with both general and domain knowledge topics
- No mobile phones: Electronic devices are strictly prohibited during the examination
- Document verification: Be prepared with original documents for verification during the interview
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FAQs:
Conclusion
The IIFCL Projects Limited recruitment drive offers an excellent opportunity for professionals seeking a rewarding career in the infrastructure finance sector. With attractive compensation packages, excellent benefits, and growth opportunities, these positions are highly coveted.
Remember to submit your application before May 14, 2025, and prepare thoroughly for the selection process. Visit IPL’s official website (www.iifclprojects.in) regularly for updates and notifications regarding the recruitment process.
Disclaimer: This blog post is based on the information provided in IIFCL Projects Limited’s official advertisement (Advt. No. 2025/02). For the most accurate and up-to-date information, always refer to the official website.
Have you worked in the infrastructure finance sector before? Are you planning to apply for these positions? Share your thoughts and questions in the comments below!
