Indian Railway Finance Corporation Limited (IRFC) Recruitment 2026 is a golden opportunity for commerce and finance graduates looking to build a career in a reputed Central Government PSU. IRFC is a Schedule 'A' Navratna Public Sector Undertaking operating under the Ministry of Railways, Government of India. The corporation plays a vital role in funding railway infrastructure by leasing rolling stock and financing major railway projects across the country. For the year 2026, IRFC has released an official notification inviting online applications for two posts — Assistant at NE5 Level and Assistant Manager (Finance) at E1 Level. A total of 23 vacancies are available across both posts, with reservations provided for SC, ST, OBC-NCL, EWS, PwBD, and Ex-Servicemen candidates as per Government of India norms. The Assistant (NE5) post carries a pay scale of ₹21,000–₹74,000 with an approximate CTC of ₹8 lakh per annum, while the Assistant Manager (Finance) (E1) post offers a pay scale of ₹40,000–₹1,40,000 with an approximate CTC of ₹16 lakh per annum. Both are regular positions and selected candidates will be placed on probation for one year from the date of joining. Candidates applying for the Assistant post must hold a Bachelor's degree in Commerce with at least 60% marks along with having cleared the Intermediate Examination from ICAI or ICMAI. For the Assistant Manager (Finance) post, candidates need either a qualified CA/CMA certification or a two-year regular MBA/PGDM in Finance from a recognized university or institution, in addition to the B.Com degree requirement. The selection process for the Assistant post involves a Computer Based Test (CBT), Document Verification, and Medical Examination. For the Assistant Manager (Finance) post, an additional Interview round is included, with final merit calculated on 80% CBT marks and 20% Interview marks. The CBT will be held tentatively in June 2026 at examination centres in Delhi/NCR, Kolkata, Mumbai, and Chennai. The exam consists of 100 objective-type questions divided into Part A (General Awareness, Mathematics, Reasoning, and Railways/IRFC Knowledge) and Part B (Finance, Accounting, Taxation, and related professional subjects). Each question carries one mark and negative marking of 0.25 marks per wrong answer applies. Candidates who are shortlisted must execute a Service Bond — ₹2 lakh for Assistant and ₹3 lakh for Assistant Manager (Finance) — committing to serve IRFC for a minimum of two years. Pay protection is available for candidates already working in PSUs or Government organisations, as per DPE guidelines. This is a highly competitive and prestigious recruitment drive. Finance professionals, CA/CMA aspirants, and commerce graduates are strongly encouraged to apply before the deadline of 01 May 2026 through the official IRFC website at https://irfc.co.in.
Authority - Central Government
Application Mode - Online
Job Type - Regular
Advertisement - 01/2026
Posted On
04 Apr 2026, 02:10 pm
Total Posts
23
Organization
Indian Railway Finance Corporation Limited (IRFC)
| Sl. No | Post Name | No. of Posts | Qualification | Pay Scale |
|---|---|---|---|---|
| 1 | Assistant (NE5 Level) — Post Code 01 | 16 | B.Com (60%) + CA/CMA Intermediate | ₹21,000–₹74,000 |
| 2 | Assistant Manager Finance (E1 Level) — Post Code 02 | 07 | B.Com (60%) + Qualified CA/CMA or MBA Finance | ₹40,000–₹1,40,000 |
Reservation Breakup — Assistant (Post Code 01): UR: 06 | SC: 02 | ST: 02 (incl. 1 backlog) | OBC-NCL: 04 | EWS: 02 | PwBD: 01 | Ex-SM: 02
Reservation Breakup — Assistant Manager Finance (Post Code 02): UR: 02 | SC: 01 | ST: 01 | OBC-NCL: 02 (incl. 1 backlog) | EWS: 01 | Ex-SM: 01
Kindly read the complete official notification carefully before applying!

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