IFCI Ltd Recruitment 2016-17 41 Managers & Other Posts Apply Online at www.ifciltd.com


Industrial Finance Corporation of India (IFCI) Ltd has circulated employment notification for the appointment of 41 General Managers, Deputy General Managers, Assistant General Managers, Managers and Assistant Managers in various departments like Credit, Recovery, Audit, Legal, Technical and IT functions. Eligible candidates may apply online from 01.06.2016 to 20.06.2016. Details regarding age limit, educational qualification, selection procedure & how to apply are given below:-.

Description of IFCI Ltd Vacancy 2016:

Total Available Job Openings: 41 Posts

Classification of Posts:-

1. General Manager - 02 Posts
(i) Credit
(ii) NPA Resolution and Recovery
2. Deputy General Manager - 04 Posts
(i) Credit
(ii) Internal and Credit Audit
3. Assistant General Manager (Technical) - 01 Post
4. Manager - 18 Posts
(i) Finance - 17 Posts
(ii) Legal - 01 Post
5. Assistant Manager -16 Posts
a. Finance -15 Posts
b. IT - 01 Post


Educational Qualification:

1. General Manager (Credit) – Post Graduation/MBA/Chartered Accountant with 15 years experience.

2. GM (NPA Resolution & Recovery) – LLM/LLB preferably with MBA and 15 years experience in concerned field.

3. Dy. Gen. Manager (Credit) - Post Graduation/MBA/Chartered Accountant with 10-15 years experience.

4. DGM (Internal  & Credit Audit) - Post Graduation/MBA/Chartered Accountant with 10-15 years experience.

5. AGM (Technical) – B.E./B.Tech in Civil Engineering with minimum 10 years experience.

6. Manager (Finance) – MBA (Finance) or equivalent preferably with BE/B.Tech./CA and 5 years of post qualification experience.

7. Manager (Legal) LLM/LLB preferably with MBA and minimum 5 years experience
Asstt. Manager (Finance) - MBA (Finance) or equivalent preferably with BE/B.Tech./CA and 1-2 year experience.

8. Asstt. Manager (IT) – B.E./B.Tech (Comp. Science)/MCA with 1-2 years post qualification experience.

Age Limitation: Candidates age as on 31st March 2016 will be considered in the following manner –

  • General Manager – 45 years to 50 years
  • Dy. General Manager – 40 years to 45 years
  • Asstt. General Manager – Below 50 years
  • Manager – 30 years to 35 years
  • Asstt. Manager – 22 years to 30 years


Relaxation in upper age limit will be applicable to SC/ ST/ OBC (NCL)/ PWD/ Ex-Serviceman/ J & K domicile category as per GOI rules.


Pay Scale:

  • General Manager – Rs. 42,300 – 52,000/-
  • Dy. General Manager – Rs. 39,850 – 46,150/-
  • Asstt. General Manager - Rs. 28,350 – 41,400/-
  • Manager – Rs. 21,000 – 36,400/-
  • Asstt. Manager – Rs. 17,100 – 33,200/-


Application Cost: General & OBC candidates will have to pay Rs. 500/- as application fee through online mode using debit card, credit card, internet banking facilities or through any SBI branch through Pre Acknowledgement Payment (PEP) . There is an exemption for fee payment in case of SC/ST/PWD category applicants.

Selection Pattern: Shortlisted candidates will be selected for the posts on the basis of performance in personal interview.

How to Apply: Eligible candidates may apply online through the IFCI website www.ifciltd.com from 01.06.2016 to 20.06.2016. Candidates are advised to read advertisement thoroughly before proceeding to apply online. Candidates must scan their photograph & signature and all the documents/certificates before starting online registration.


Instructions for Online Application:

(i) Go to the website www.ifciltd.com
(ii) Click on “Current Openings”,
(iii) Select the desired post & Click on Apply Now,
(iv) Fill all the details carefully & submit the online form,
(v) Now take a print out of online application for future use.

Important Dates:

  • Opening date to apply online: 01.06.2016
  • Last date to apply online: 20.06.2016


For any kind of information & query, kindly visit official website www.ifciltd.com

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