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IIFCL Assistant Manager Salary 2024, Salary Structure, Basic Pay

The India Infrastructure Finance Company Limited has released 40 vacancies for the post of Assistant Manager and interested candidates can get details of the IIFCL Assistant Manager Salary 2024, Basic Pay, and allowances. The recruitment authority offers a handsome salary with a basic pay of Rs 44,500 per month. The candidates who qualify for all the stages of the recruitment process will be appointed and enjoy a salary with allowances like DA, Grade Allowances, HRA, etc.

IIFCL Assistant Manager Salary 2024

The detailed IIFCL Assistant Manager Salary 2024 and salary structure have been mentioned in the IIFCL AM Notification 2024 for the candidates. Also, the candidates who possess JAIIB/CAIIB/Professional Qualification may get additional increments after a few years during the promotion period. The management may consider granting a further maximum of two increments in the scale of pay fixed for the Grade in which the appointment is proposed to be made, in the case of deserving candidates. Management reserves the right to grant additional increments on the above two counts.

IIFCL Assistant Manager Pay Scale 2024

The candidates who are selected for the post of Assistant Manager will have a starting basic pay of Rs 44,500. The overall pay scale is Rs. 44500 – 2500 (4) – 54500 -2850 (7) – 74450 – EB -2850 (4) – 85850 – 3300 (1) – 89150 (17 Years). This is a golden opportunity for the candidates to grab a reputed job in the India Infrastructure Finance Company Limited and enjoy a highly beneficial salary and promotion.

IIFCL Grade A Salary Structure 2024

The IIFCL Grade A Salary Structure 2024 will help the candidates to understand the pay scale and the gross salary per month.

IIFCL Grade A Salary Structure 2024
Pay Scale Gross Salary (Monthly)
Rs. 44,500 – 2,500 (4) – 54,500 – 2,850 (7) – 74,450 – EB – 2,850 (4) – 85,850 – 3,300 (1) – 89,150 (17 years) Rs 80,000

IIFCL Assistant Manager Salary 2024: Allowances

The IIFCL Assistant Manager Salary 2024 is offered with several allowances and benefits. The House Rent Allowance (HRA) of 15% of Basic Pay will be paid if the lease facility is not availed. Further, candidates selected for the post will be governed by ‘the defined contribution New Pension Scheme (NPS)’, or such other scheme as notified by the Government of India from time to time.

  • House Rent Allowance
  • Dearness Allowance
  • Grade Allowance
  • Special Allowance
  • Conveyance Facility
  • Leave Fare Concession
  • Newspaper Allowances
  • Leave Encashment
  • Residential Telephone
  • Educational Allowances for Children
  • Gratuity
  • Medical Expenses

IIFCL Grade A Probation

The selected candidates would be on probation for 2 years which is extendable up to a maximum of 4 years at the discretion of IIFCL. The selected candidates will be liable to be posted/transferred at the discretion of IIFCL to any office/verticals/subsidiaries of IIFCL anywhere in India, as per discretion and requirement of IIFCL, from time to time and on such terms and conditions as may be decided by IIFCL.

Links Related to IIFCL Assistant Manager
IIFCL Assistant Manager Recruitment 2024 IIFCL Assistant Manager Syllabus 2024

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FAQs

1. What is the salary of assistant manager in Iifcl?

Ans. The IIFCL Assistant Manager Salary 2024 is Rs 44500 per month.

2. What are the allowances of IIFCL Assistant Manager Salary 2024?

Ans. The IIFCL Assistant Manager Salary 2024 comes with several allowances which includes Dearness Allowances, HRA, Loans, Medical Insurances, etc.