For candidates aiming to build a career in finance within the railway sector, this is a highly specialized opportunity. The Indian Railway Finance Corporation has released its IRFC Recruitment 2026 notification for 23 posts of Assistant and Assistant Manager.
The application window is open from 04 April to 01 May 2026, and eligible candidates can apply through the official website irfc.co.in.
This recruitment stands out because it targets finance professionals and commerce graduates, making it ideal for candidates with CA, CMA, or MBA (Finance) backgrounds.
Summary of IRFC Recruitment 2026 Notification
The IRFC recruitment is conducted under Advt No. 01/2026 and offers positions at both entry-level (Assistant) and executive level (Assistant Manager).
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| Particulars | Details |
|---|---|
| Organization | Indian Railway Finance Corporation (IRFC) |
| Advertisement No. | 01/2026 |
| Post Name | Assistant, Assistant Manager (Finance) |
| Total Vacancies | 23 |
| Application Dates | 04 April to 01 May 2026 |
| Exam Mode | Computer Based Test (CBT) |
| Official Website | irfc.co.in |
Vacancy, Eligibility, Qualification, and Salary Details
The recruitment includes two categories of posts with different qualification requirements and pay scales.
| Post Name | Vacancies |
|---|---|
| Assistant (NE5) | 16 |
| Assistant Manager (Finance) | 07 |
| Total | 23 |
Eligibility Criteria
Candidates must meet specific educational qualifications depending on the post:
- Assistant (NE5 Level):
- Bachelor’s Degree in Commerce (B.Com) with 60% marks
- Passed Intermediate exam of ICAI / ICMAI
- Assistant Manager (Finance – E1 Level):
- B.Com with 60% marks AND
- CA / CMA qualification OR MBA/PGDM (Finance)
The age limit is 18 to 30 years, with relaxation applicable as per government rules.
Salary Structure
IRFC offers strong financial packages compared to many government jobs in similar domains:
- Assistant (NE5): ₹21,000 – ₹74,000 (CTC approx. ₹8 LPA)
- Assistant Manager (E1): ₹40,000 – ₹1,40,000 (CTC approx. ₹16 LPA)
Additional benefits include allowances, medical facilities, and other PSU perks.
Selection Process and Exam Pattern
The selection process is structured and includes both objective testing and interview (for higher posts).
Selection Stages:
- Computer Based Test (CBT)
- Document Verification
- Interview (only for Assistant Manager)
- Medical Test
CBT Exam Pattern
- Total Questions: 100 MCQs
- Duration: 90 minutes
- Negative Marking: 0.25 marks
Sections:
- Mathematics & Reasoning
- General Awareness
- IRFC/Railway Knowledge
- Finance/Accounting (subject-specific)
Final merit for Assistant Manager will be based on:
- CBT: 80%
- Interview: 20%
Important Dates
| Event | Date |
|---|---|
| Application Start | 04 April 2026 |
| Last Date | 01 May 2026 |
| CBT Exam | June 2026 (Tentative) |
Application Fee
| Category | Fee |
|---|---|
| UR / OBC / EWS | ₹500 |
| SC / ST / PwBD / Ex-Servicemen | No Fee |
How to Apply for IRFC Recruitment 2026
- Visit the official IRFC website
- Register with email ID and mobile number
- Fill the application form carefully
- Upload photo, signature, and required documents
- Pay application fee (if applicable)
- Submit and download the application form
Why This Job Matters – Karmakaro Insight
IRFC is not a typical PSU—it is the financial backbone of Indian Railways, handling funding and leasing operations. That means this job offers exposure to corporate finance, infrastructure financing, and government-backed financial operations. Compared to general banking jobs, this role is more specialized and finance-focused. If you are from a commerce or finance background and want a high-growth PSU career, this recruitment is significantly more aligned with your skillset than generic exams.
Important Links
| Description | Link |
|---|---|
| Apply Online | Click Here |
| Official Notification PDF | Click Here |
| Official Website | Click Here |
FAQs – IRFC Recruitment 2026
Q1. How many vacancies are available?
There are 23 posts available.
Q2. What is the last date to apply?
The last date is 01 May 2026.
Q3. What qualification is required for Assistant Manager?
CA/CMA or MBA/PGDM (Finance) along with B.Com.
Q4. Is there an interview?
Yes, only for Assistant Manager posts.
Q5. What is the salary?
Up to ₹16 LPA CTC for Assistant Manager.
Disclaimer
All details are based on the official IRFC notification. Candidates must verify complete eligibility and instructions from the official website before applying.