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IIFCL

IIFCL Manager Salary 2026: verify Pay Scale, Perks, Allowances as well as Responsibilities

NewsPublished 20 Mar 2026
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IIFCL Manager Salary 2026 starts at ₹55,200 basic pay (pay scale ₹55,200–99,750). verify allowances, perks, CTC ₹23.5 lakhs, job profile & career growth in this Central PSU role.

At a glance

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)

Details

IIFCL Manager Salary Structure 2026
  • The salary follows IDA pattern (Industrial Dearness Allowance) applicable to CPSEs.
  • Basic Pay: ₹55,200 (initial)
  • The official notification states that, 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
  • Interested applicants should know that, Post-EB: ₹80,850 + ₹2,850 (2 times) → ₹86,550
  • Final phase: ₹86,550 + ₹3,300 (4 times) → ₹99,750 (maximum after ~16 years)
  • Basic Pay: ₹55,200 (initial)
  • As per the official update, 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 applicants with JAIIB/CAIIB, professional qualifications, or exceptional experience/skills, at IIFCL's discretion.
  • get Authorized IIFCL Manager Salary 2026 - Follow this link
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)
  • The department has confirmed that, City Compensatory Allowance (CCA)
  • The official notification states that, 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
  • As per the official update, Children’s Education Allowance, Book Grant
  • The conducting body has announced that, Briefcase Allowance, Furniture Allowance
  • It is informed that, 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
  • The official notification states that, 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)
  • The conducting body has announced that, Grade Allowance / Special Allowance
  • Conveyance Allowance
  • Medical Facilities & Reimbursement
  • Leave Travel Concession (LTC) / Leave Fare Concession
  • Provident Fund (PF) & New Pension Scheme (NPS)
  • Gratuity
  • As per the official update, Leave Encashment
  • Candidates should note that, Newspaper Reimbursement, Mobile/Residential Telephone
  • Children’s Education Allowance, Book Grant
  • Briefcase Allowance, Furniture Allowance
  • Festival Advance (up to one month’s gross salary)
  • According to the latest notice, 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 along with evaluation of infrastructure project proposals (transport, energy, urban development, telecom, social sectors)
  • Financial analysis, risk assessment, feasibility studies
  • As per the official update, 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
  • Appraisal in addition to evaluation of infrastructure project proposals (transport, energy, urban development, telecom, social sectors)
  • Financial analysis, risk assessment, feasibility studies
  • It is informed that, Loan structuring, syndication, monitoring & recovery
  • Coordination with government bodies, banks, PSUs, private stakeholders
  • As per the official update, 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.

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Last checked 13 Jul 2026.

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