IIFCL Assistant Manager Salary 2024, Basic Pay, Allowances and Job Profile

The India Infrastructure Finance Company offers an excellent salary package for the post of assistant manager. The candidates must be curious about the IIFCL Assistant Manager Salary 2024, as the IIFCL Assistant Manager 2024 vacancy has been released by the board. The IIFCL Assistant Manager 2024 Salary will be based on the pay scale and selected candidates will get a salary of Rs. 45,500 per month. Along with the basic pay in IIFCL Assistant Manager Salary 2024, the selected employees also get other allowances and benefits.

IIFCL Assistant Manager Salary 2024

In IIFCL Assistant Manager (Grade A) will be paid according to a set pay scale with extra benefits. The candidates who qualify for this post get Rs. 44,500 per month in the starting period which increases day by day according to the positions. When allowances and other benefits like medical insurance, provident fund, and gratuity are taken into account, the remuneration package can eventually reach up to Rs.18 lakhs annually.

IIFCL Assistant Manager Salary 2024

One of the most attractive features of the Assistant Manager post in the 2024 recruitment process is the pay scale which every candidate eagerly awaits. For your convenience, we have created a simplified table below which will provide candidates with all the information about IIFCL Assistant Manager Salary 2024.

IIFCL Assistant Manager 2024 Salary Structure

In terms of a pay scale, allowances, and other benefits the IIFCL Assistant Manager (Grade A) salary structure for 2024 is excellent. Along with the inclusion of additional benefits and bonuses, the salary is set up to allow for increases in the future. For more details related to salary must read the below table.

IIFCL Assistant Manager Exam Date 2024 – Click to Check

IIFCL Assistant Manager Admit Card 2024 – Click to Download

IIFCL Assistant Manager Salary 2024- Perks & Allowances

Along with monthly salary, the IIFCL provides many perks& allowances such as Dearness Allowance (DA), Grade Allowance, Local Allowanc,e and House Rent Allowance (HRA) etc. Apart from this, candidates will also get some other benefits, some of which are mentioned below.

1. Dearness Allowance (DA)
2. Grade Allowance
3. Local Allowance
4. House Rent Allowance (HRA) – 15% of basic pay, if lease facility is not availed
5. Family Allowance
6. Special Allowance
7. Gratuity
8. Conveyance Facility
9. Leave Fare Concession
10. Residential Telephone
11. Household Expenses
12. Children’s Education Allowance
13. Leave Encashment
14. Reimbursement of Medical Expenses
15. Reimbursement of Mobile Handset Charges
16. Newspaper Allowance
17. Loans

IIFCL Assistant Manager 2024- Job Profile

The job profile of IIFCL Assistant Manager (Grade A) has a wide range of duties. However, the position involves some common responsibilities and activities which are mentioned below.

1. The candidate who clears the IIFCL exam and takes up the post of Assistant Manager will maintain the financial accounts of the project.
2. The candidate holding the position of Assistant Manager will have to take care of the safety and security of the company’s finances so that no one can commit fraud in his career.
3. The Assistant Manager has to keep the legal documents of every project being worked on in the company.
4. Assistant Manager will coordinate across sections, deliver presentations, and manage client and stakeholder communications.