Total Vacancies
23 Posts
Apply Mode
Online
Posted Date
28 April 2026
Last Date
01 May 2026
Candidates looking for a finance-focused PSU recruitment with a relatively small but specialized vacancy count should pay attention to this IRFC cycle. The 2026 notification is for 23 posts split between Assistant and Assistant Manager (Finance), and the official application window closes on 1 May 2026. This is not a general graduate recruitment; the eligibility is clearly finance and accounts oriented.
| Organization | Indian Railway Finance Corporation Limited (IRFC) |
|---|---|
| Advertisement Number | 01/2026 |
| Posts | Assistant (NE5 Level) and Assistant Manager (Finance) E1 Level |
| Total Vacancies | 23 |
| Application Mode | Online |
| Opening Date | 04 April 2026 |
| Closing Date | 01 May 2026, 23:45 hrs |
| Tentative CBT | June 2026 |
| Medical Category | C1 |
| Official Website | IRFC Careers section |
Read this if: you have a finance, commerce, CA or CMA background and want a railway-sector PSU role that is more finance-function driven than field-operational. This recruitment is especially relevant if you are comfortable with CBT-based shortlisting and, for Assistant Manager, an interview stage.
You may skip this if: you are applying with only a generic graduation profile. The qualification filter is strict, and the notice is clearly designed for commerce and finance candidates rather than broad all-stream applicants.
| Post | Vacancies | Qualification | Age | Pay Scale |
|---|---|---|---|---|
| Assistant (NE5 Level) | 16 | 3-year Bachelor’s Degree in Commerce with at least 60% marks and Intermediate passed from ICAI or ICMAI | 18-30 years | Rs. 21,000-74,000 |
| Assistant Manager (Finance) E1 | 7 | 3-year Bachelor’s Degree in Commerce with at least 60% marks and qualified CA/CMA, or 2-year regular MBA (Finance) / PGDM (Finance) | 18-30 years | Rs. 40,000-1,40,000 |
Assistant: this role suits candidates who are already on the CA/CMA pathway and have cleared Intermediate. It is a better fit for those who want an entry-level PSU finance role rather than a general assistant job.
Assistant Manager (Finance): this is the stronger option for candidates who already hold CA/CMA qualification or a regular finance-focused management degree. The selection path is also more involved because interview is part of the process for this post.
One practical caution: both posts are finance-track roles, so candidates from unrelated academic backgrounds are likely better off skipping this recruitment instead of forcing a weak-fit application.
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| Opening date of online registration | 04 April 2026 |
|---|---|
| Closing date of online registration and fee payment | 01 May 2026, 23:45 hrs |
| Tentative CBT | June 2026 |
| Application fee | Rs. 500 for UR/OBC-NCL/EWS candidates |
| Fee exemption | SC/ST/PwBD/Ex-Servicemen/Transgender candidates are exempted |
| Age limit | 18-30 years; age reckoned as on 01 January 2026 |
The official pay scales are Rs. 21,000-74,000 for Assistant and Rs. 40,000-1,40,000 for Assistant Manager (Finance). IRFC also gives approximate CTC figures at the minimum of the pay scale: about Rs. 8 lakh for Assistant and Rs. 16 lakh for Assistant Manager.
The notice states that the CTC calculation includes basic pay, DA, HRA, retirement benefits, cafeteria allowance, admissible PRP and other benefits as per policy. From a practical angle, this recruitment suits candidates who want a finance-domain PSU career and are comfortable with a two-year service bond and one-year probation.
The official selection stages are straightforward but not identical for both posts.
The CBT is a single-stage exam with Part A and Part B, 100 objective questions in total, 90 minutes duration, and negative marking of one-fourth mark for each wrong answer. For Assistant Manager, final merit is prepared with 80% weightage to CBT and 20% to Interview.
The online application and fee submission close on 01 May 2026 at 23:45 hrs.
There are 23 vacancies in total: 16 for Assistant and 7 for Assistant Manager (Finance).
No. The notice asks for additional finance credentials beyond B.Com, such as CA/CMA Intermediate for Assistant, and CA/CMA or regular MBA/PGDM Finance for Assistant Manager.
No. Interview is part of the process only for Assistant Manager (Finance), not for Assistant.
UR/OBC-NCL/EWS candidates have to pay Rs. 500. SC/ST/PwBD/Ex-Servicemen/Transgender candidates are exempted.
Yes. Assistant carries a bond of Rs. 2 lakh plus GST for two years, and Assistant Manager carries a bond of Rs. 3 lakh plus GST for two years.
The basic age limit is 18 to 30 years, with relaxation as per category rules in the official notice.
To apply for this job please visit irfc.co.in.
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