IIFCL Manager Salary 2026: Check Pay Scale, Perks, Allowances and Responsibilities
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India Infrastructure Finance Company Limited Important Dates 2026
India Infrastructure Finance Company Limited Job Details & Overview
IIFCL Manager Salary 2026 starts with a basic pay of ₹55,200 per month under the official pay scale of ₹55,200 – 2,850 (9) – 80,850 – EB – 2,850 (2) – 86,550 – 3,300 (4) – 99,750 (over 16 years), as per the latest IIFCL recruitment notification (Advt. No. 2026/03, dated March 2026).
This Grade B Manager post in India Infrastructure Finance Company Limited (a Central PSU under the Ministry of Finance) offers attractive emoluments, allowances, and benefits, with an approximate annual CTC of ₹23.5 lakhs.
IIFCL Manager Salary 2026: Check Pay Scale, Perks, Allowances and Responsibilities
| Particulars | Details |
|---|---|
| Organization | India Infrastructure Finance Company Limited (IIFCL) |
| Post Name | Manager (Grade B) |
| Basic Pay (Starting) | ₹55,200 per month |
| Pay Scale | ₹55,200 – 2,850 (9) – 80,850 – EB – 2,850 (2) – 86,550 – 3,300 (4) – 99,750 |
| Approximate Annual CTC | ₹23.5 lakhs (including allowances & benefits) |
| Job Type | Central Public Sector Undertaking (PSU) |
| Probation Period | 2 years (extendable up to 4 years) |
IIFCL Manager Salary Structure 2026
The salary follows IDA pattern (Industrial Dearness Allowance) applicable to CPSEs.
Basic Pay : ₹55,200 (initial) Pay Progression : Structured increments every few years, with an Efficiency Bar (EB) at ₹80,850. First phase : ₹55,200 + ₹2,850 increments (9 times) → ₹80,850 Post-EB : ₹80,850 + ₹2,850 (2 times) → ₹86,550 Final phase: ₹86,550 + ₹3,300 (4 times) → ₹99,750 (maximum after ~16 years)
Additional increments (up to 2) may be granted for candidates with JAIIB/CAIIB, professional qualifications, or exceptional experience/skills, at IIFCL's discretion.
Download Official IIFCL Manager Salary 2026 - Click Here
IIFCL Manager Allowances & Perks
Dearness Allowance (DA) – As per Government/CPSE norms House Rent Allowance (HRA) or Leased Accommodation (15% of basic if no govt quarter; often leased housing preferred) City Compensatory Allowance (CCA) Grade Allowance / Special Allowance Conveyance Allowance Medical Facilities & Reimbursement Leave Travel Concession (LTC) / Leave Fare Concession Provident Fund (PF) & New Pension Scheme (NPS) Gratuity Leave Encashment Newspaper Reimbursement, Mobile/Residential Telephone Children’s Education Allowance, Book Grant Briefcase Allowance, Furniture Allowance Festival Advance (up to one month’s gross salary) Concessional Loans/Advances (car, house, gold, PC) Other perks: Meal card, Eye testing, Domestic help reimbursement
IIFCL Manager Job Profile & Responsibilities
Manager (Grade B) roles focus on infrastructure financing:
Appraisal and evaluation of infrastructure project proposals (transport, energy, urban development, telecom, social sectors) Financial analysis, risk assessment, feasibility studies Loan structuring, syndication, monitoring & recovery Coordination with government bodies, banks, PSUs, private stakeholders Policy implementation, financial reporting, documentation Project finance advisory, PPP structuring, bid process management
Postings: Anywhere in India (transferable to offices/subsidiaries). High-responsibility role in a key infrastructure PSU.
Important Links
| Link | URL |
|---|---|
| Click Here | iifcl.in |
IIFCL Manager Salary 2026: Check Pay Scale, Perks, Allowances and Responsibilities FAQs
- Where can I download IIFCL Manager Salary 2026: Check Pay Scale, Perks, Allowances and Responsibilities? From the official website link provided in the Important Links section above.
India Infrastructure Finance Company Limited Important Links
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India Infrastructure Finance Company Limited Recruitment FAQs
What is IIFCL Manager Salary 2026: Check Pay Scale, Perks, Allowances and Responsibilities?
IIFCL Manager Salary 2026: Check Pay Scale, Perks, Allowances and Responsibilities is a government recruitment notification published by India Infrastructure Finance Company Limited. Apply before the last date to be considered for the post.
When do applications open for India Infrastructure Finance Company Limited Recruitment 2026?
Online applications for India Infrastructure Finance Company Limited Recruitment 2026 start on 20 March 2026.