🔔 NAVRATNA PSU RECRUITMENT 2026
IRFC Recruitment 2026 — 23 Assistant & Assistant Manager (Finance) Posts, Apply Online
Indian Railway Finance Corporation Limited (IRFC) | Advt. No. 01/2026 | Navratna CPSE, Ministry of Railways | Released: 04 April 2026
|
Total Posts
23
|
App. Fee (UR/OBC)
₹500
|
Age Limit
18–30 Yrs
|
Max Salary (AM)
₹1,40,000/mo
|
The IRFC Recruitment 2026 notification has been officially released by the Indian Railway Finance Corporation Limited (IRFC) — a prestigious Schedule ‘A’ Navratna Public Sector Undertaking (PSU) under the Ministry of Railways — for 23 vacancies of Assistant (NE-5 Level) and Assistant Manager / Finance (E-1 Level) posts. This is one of the most sought-after PSU job opportunities of 2026 for commerce graduates and finance professionals in India.
The IRFC Assistant & Assistant Manager Recruitment 2026 (Advt. No. 01/2026) offers a salary ranging from ₹21,000 – ₹74,000 for the Assistant post and ₹40,000 – ₹1,40,000 for the Assistant Manager (Finance) post, making it one of the highest-paying entry-level PSU recruitments currently open. The approximate annual CTC for the AM (Finance) post is ₹16 Lakh per annum.
The online application process started on 04 April 2026 and the last date to apply online is 01 May 2026 (23:45 hours) at the official IRFC website irfc.co.in. Selection will be through a Computer-Based Test (CBT), followed by Document Verification, Interview (only for AM Finance), and Medical Test.
With only 23 vacancies and a national applicant pool, competition is expected to be very high. Read below for complete details on eligibility, salary, exam pattern, category-wise vacancy, and how to apply.
📅 IRFC Recruitment 2026 — Important Dates
Candidates must note all key dates for the IRFC Assistant & Assistant Manager Recruitment 2026 carefully. The application window is open for just about 4 weeks — apply early to avoid last-minute technical issues on the portal.
| Event | Date |
|---|---|
| Advt. No. 01/2026 Released | 04 April 2026 |
| Online Application Start Date | 04 April 2026 |
| Last Date to Apply Online & Pay Fee | 01 May 2026 (23:45 hrs) |
| Age Calculated As On | 01 January 2026 |
| CBT Exam (Tentative) | June 2026 (To Be Confirmed) |
| CBT Cities | Delhi/NCR, Mumbai, Kolkata, Chennai |
📋 IRFC Vacancy 2026 — Post-Wise & Category-Wise Details
A total of 23 vacancies have been announced under IRFC Recruitment 2026 across two posts — Assistant (NE-5 Level) with 16 posts and Assistant Manager / Finance (E-1 Level) with 7 posts. Both are regular/permanent positions at IRFC’s headquarters in New Delhi.
| Post Name | UR | SC | ST | OBC-NCL | EWS | Total |
|---|---|---|---|---|---|---|
| Assistant (NE-5) | 06 | 02 | 02* | 04 | 02 | 16 |
| Asst. Manager Finance (E-1) | 02 | 01 | 01 | 02* | 01 | 07 |
📌 * Vacancies marked with asterisk (*) include backlog positions. PwBD and Ex-Servicemen seats are adjusted within the above category-wise vacancies as per Government of India reservation norms.
| Post | Pay Scale (IDA) | Approx. Annual CTC |
|---|---|---|
| Assistant (NE-5 Level) | ₹21,000 – ₹74,000/month | ~₹8 LPA |
| Asst. Manager Finance (E-1 Level) | ₹40,000 – ₹1,40,000/month | ~₹16 LPA |
✅ IRFC Recruitment 2026 — Eligibility Criteria
The IRFC Recruitment 2026 has two distinct sets of eligibility criteria — one for each post. Educational qualifications must be met as on the closing date of registration (01 May 2026). Candidates who fail to meet the criteria at any stage will be disqualified.
Post Code 01 — Assistant (NE-5 Level)
- Degree: B.Com with a minimum of 60% marks from a recognised University.
- Professional Qualification: Must have passed the Intermediate examination of CA (Chartered Accountancy) or CMA (Cost Management Accountancy).
- Computer Knowledge: Desirable.
- Note for Ex-Servicemen: The 60% marks criteria may not be insisted upon if they possess an equivalent qualification acquired through military training and produce an Equivalence Certificate.
Post Code 02 — Assistant Manager / Finance (E-1 Level)
- Option A: B.Com with minimum 60% marks + Final qualification of CA (Chartered Accountant) or CMA (Cost Management Accountant).
- Option B: B.Com with minimum 60% marks + MBA / PGDM in Finance with minimum 60% marks from a recognised institution.
- Computer Knowledge: Desirable. Finance domain expertise strongly preferred.
Age Limit (as on 01 January 2026)
The age limit for both posts is 18 to 30 years. Age relaxation is applicable as per Government of India rules. The maximum age limit including all relaxations shall not exceed 56 years.
| Category | Age Relaxation | Max. Age |
|---|---|---|
| UR / General | NIL | 30 years |
| OBC (Non-Creamy Layer) | +3 years | 33 years |
| SC / ST | +5 years | 35 years |
| PwBD (General) | +10 years | 40 years |
| Regular IRFC Employees | +8 years | 38 years |
📌 For Ex-Servicemen: Age relaxation is as per Government of India rules — UR/EWS +3 years, OBC-NCL +6 years, SC/ST +8 years (after deduction of length of service from age). Maximum upper age limit shall not exceed 56 years in any case.
💳 IRFC Recruitment 2026 — Application Fee
The application fee for IRFC Recruitment 2026 must be paid online through the application portal. The fee is non-refundable under any circumstances. SC/ST, PwBD, Ex-Servicemen, and Transgender candidates are fully exempted from paying the fee.
| Category | Application Fee |
|---|---|
| UR / General, OBC-NCL, EWS | ₹500/- |
| SC / ST / PwBD / Ex-Servicemen / Transgender | NIL (Exempted) |
📌 Payment Mode: Online only — Debit Card / Credit Card / Net Banking / UPI. Fee once paid is non-refundable in any case.
💰 IRFC Salary 2026 & Benefits
IRFC follows the Industrial Dearness Allowance (IDA) pay pattern, which is revised every quarter based on the Consumer Price Index. This means the effective in-hand salary increases with every DA revision — a key benefit of working in a Navratna PSU.
The Assistant Manager (Finance) post at E-1 level offers an approximate CTC of ₹16 Lakh per annum. In-hand salary will be lower after deductions, but the package includes a range of non-monetary benefits that make the total compensation very attractive.
Benefits & perks for selected candidates include:
- Dearness Allowance (DA) — revised quarterly under IDA pattern
- House Rent Allowance (HRA)
- Transport Allowance (TA)
- Performance Related Pay (PRP)
- Medical benefits and health insurance for self and family
- Gratuity, Leave Encashment & Provident Fund (PF)
- Cafeteria allowance
- Structured career progression and regular promotions
- Job posting at IRFC Headquarters, New Delhi (not a field/zonal posting)
🏆 IRFC Selection Process 2026
The selection process for IRFC Recruitment 2026 is different for the two posts. The Assistant post does NOT have an interview — final selection is purely merit-based through CBT. For the Assistant Manager post, an Interview carrying 20% weightage is included in the final merit calculation.
| Stage | Post Code 01 — Assistant (NE-5) | Post Code 02 — Asst. Manager Finance (E-1) |
|---|---|---|
| Stage 1 | Computer-Based Test (CBT) | Computer-Based Test (CBT) |
| Stage 2 | Document Verification (DV) | Document Verification + Interview (20% weightage) |
| Stage 3 | Medical Examination (C1 Category) | Medical Examination (C1 Category) |
| Merit | 100% CBT marks | 80% CBT + 20% Interview |
📌 For Assistant (NE-5): Candidates equal to the number of vacancies (community-wise) will be called for DV. For AM (Finance): Candidates up to 3 times the number of vacancies will be called for DV and Interview.
IRFC CBT Exam Pattern 2026
The IRFC CBT 2026 is a single-stage examination with 100 MCQ questions of 1 mark each, to be completed in 90 minutes (120 minutes for eligible PwBD candidates using a scribe). The paper is divided into Part A (common for both posts) and Part B (post-specific finance topics).
| Section | Subject / Topic | Marks |
|---|---|---|
| Part A | Mathematics / Numerical Ability | 20 |
| Part A | General Awareness | 10 |
| Part A | Logical Reasoning | 10 |
| Part A | Knowledge about Railways / IRFC | 10 |
| Part B | Subject-Specific — Corporate Accounting, Finance, Taxation, Auditing, Cost Accounting, IND AS | 50 |
| Parameter | Details |
|---|---|
| Total Questions | 100 MCQ (1 mark each) |
| Total Marks | 100 Marks |
| Duration | 90 minutes (120 mins for PwBD with Scribe) |
| Negative Marking | −0.25 marks per wrong answer |
| Qualifying Marks — UR/EWS | 40% |
| Qualifying Marks — SC / OBC-NCL | 30% |
| Qualifying Marks — ST | 25% |
| Language | English & Hindi (English version prevails in case of conflict) |
📝 How to Apply for IRFC Recruitment 2026
Eligible candidates must apply online only through the official IRFC portal. Offline / postal applications will not be accepted. Follow the steps below and complete your application before 01 May 2026 at 23:45 hours.
- Visit the official IRFC website: irfc.co.in
- Click on the Career section in the menu bar.
- Click on Recruitment Notice 01/2026 and read the full notification carefully.
- Click on Apply Online — you will be redirected to the application portal.
- Click Register to create your account and get a User ID and Password (sent to your registered email and mobile).
- Log in with your credentials and complete the application form with accurate personal and academic details.
- Upload scanned copies of your photograph, signature, and all required documents.
- Pay the application fee of ₹500 online (if applicable as per category).
- Submit the application form and download/print the confirmation page for your records.
- For queries: Contact IRFC Helpdesk at +91-9513044823 or email recruitment_helpdesk@irfc.co.in
Important Conditions — Service Bond
• Assistant (NE-5): Bond value ₹2 Lakh + applicable GST
• Assistant Manager (Finance) (E-1): Bond value ₹3 Lakh + applicable GST
Documents Required for Application & DV
- Matriculation / 10th Certificate (Age proof)
- B.Com Degree & Marksheets (with 60% marks)
- CA / CMA Intermediate or Final Certificate (as applicable)
- MBA / PGDM (Finance) Degree & Marksheets (for AM post)
- Category Certificate — OBC-NCL / SC / ST / EWS (valid for current financial year)
- Ex-Servicemen Discharge Certificate / NOC (if applicable)
- PwBD Certificate with minimum 40% disability (if applicable)
- Passport-size photograph (recent, colour, plain background)
- Scanned signature on plain white paper
❓ Frequently Asked Questions — IRFC Recruitment 2026
Here are the most commonly asked questions about IRFC Recruitment 2026:
Q1. How many total vacancies are there in IRFC Recruitment 2026?
There are 23 total vacancies — 16 for Assistant (NE-5 Level) and 7 for Assistant Manager / Finance (E-1 Level) under Advt. No. 01/2026 dated 04 April 2026.
Q2. What is the last date to apply for IRFC Recruitment 2026?
The last date to apply online and pay the application fee is 01 May 2026 at 23:45 hours. Late submissions will not be accepted under any circumstances.
Q3. What is the salary for IRFC Assistant Manager (Finance) post?
The pay scale for Assistant Manager (Finance) is ₹40,000 – ₹1,40,000 per month with an approximate annual CTC of ₹16 Lakh, plus DA (revised quarterly), HRA, TA, PRP, and other allowances.
Q4. Is there an interview for the IRFC Assistant (NE-5) post?
No. There is no interview for Post Code 01 (Assistant NE-5). Final selection is based entirely on CBT marks, followed by Document Verification and Medical Examination only.
Q5. What is the eligibility for IRFC Assistant Manager Finance post?
Candidates need a B.Com with minimum 60% marks plus either a Final CA / CMA qualification, or an MBA / PGDM in Finance with 60% marks from a recognised institution.
Q6. Is there negative marking in the IRFC CBT 2026?
Yes, there is negative marking of −0.25 marks (1/4th mark) for each wrong answer. Candidates should attempt questions carefully and avoid random guessing.
🔗 Important Links — IRFC Recruitment 2026
| Resource | Link |
|---|---|
| Apply Online — IRFC Recruitment 2026 | Click Here ↗ |
| Download Official Notification PDF (Advt. No. 01/2026) | Click Here ↗ |
| Official IRFC Website | irfc.co.in ↗ |
| Recruitment Helpdesk | +91-9513044823 | recruitment_helpdesk@irfc.co.in |