IFCI Limited, a Government of India undertaking and the country's first development financial institution, has announced recruitment for 14 Associate Director and Senior Associate positions on a contractual basis. The roles are based mainly at the company's head office in New Delhi and support its work as a Project Management Agency for central government schemes, covering areas such as credit, infrastructure, human resources and administration.
IFCI Recruitment 2026 - Associate Director and Senior Associate Posts
Posted 01 Oct 2026Updated 01 Oct 2026IFCI/2026-27/02
Total Vacancies
14
Last Date
27 Sept
Closed
Apply Mode
Online
Contract
Status
Application Closed
Recruitment status
Applications closed on 27 Sept 2026
- Notification02 Sept
- Applications Open
- Applications Closed27 Sept
About IFCI Limited Associate Director and Senior Associate Recruitment 2026
Job Overview
- Organization
- IFCI Limited
- Advertisement No.
- IFCI/2026-27/02
- Post Name
- Associate Director, Associate Director - Estates, Services and Administration and 9 more
- Job Location
- New Delhi, Delhi
- Who Can Apply
- Candidates from anywhere in India
- Job Type
- Contract
- Age Limit
- Up to 62 years
- Gender
- All
- Nationality
- Indian
- Credentials Required
- ICAI membership for candidates qualifying through Chartered Accountancy
- Tenure
- Initially three years, extendable on mutual agreement
Vacancy Breakdown
Associate Director
2
UR 1OBC 1
Associate Director - Estates, Services and Administration
1
UR 1
Senior Associate
3
UR 2OBC 1
Senior Associate - Technical, Advanced Chemistry Cell
1
UR 1
Senior Associate - Credit Risk Management
1
UR 1
Senior Associate - Credit Monitoring and Recovery
1
UR 1
Senior Associate - Estates, Services and Administration
1
UR 1
Senior Associate - Human Resources
1
UR 1
Senior Associate - Technical, Electronic Component Manufacturing Scheme
1
UR 1
Senior Associate - Technical, Chemical and Petrochemical Sector
1
UR 1
Senior Associate - Technical, Infrastructure Projects
1
UR 1
Total14
| Post Name | UR | OBC | Total |
|---|---|---|---|
| Associate Director | 1 | 1 | 2 |
| Associate Director - Estates, Services and Administration | 1 | — | 1 |
| Senior Associate | 2 | 1 | 3 |
| Senior Associate - Technical, Advanced Chemistry Cell | 1 | — | 1 |
| Senior Associate - Credit Risk Management | 1 | — | 1 |
| Senior Associate - Credit Monitoring and Recovery | 1 | — | 1 |
| Senior Associate - Estates, Services and Administration | 1 | — | 1 |
| Senior Associate - Human Resources | 1 | — | 1 |
| Senior Associate - Technical, Electronic Component Manufacturing Scheme | 1 | — | 1 |
| Senior Associate - Technical, Chemical and Petrochemical Sector | 1 | — | 1 |
| Senior Associate - Technical, Infrastructure Projects | 1 | — | 1 |
| Grand Total | 12 | 2 | 14 |
Eligibility Details
Requirements differ by post — open a post to see its own.
Associate Director2 posts
- Qualification
- Chartered Accountant (CA) holding membership from the ICAI or B.Com/B.Tech/B.E with MBA/equivalent from a recognized University. Graduate along with Executive MBA/PGDM will also be eligible. For candidates who joined Public Sector Banks (PSBs)/Public Sector FIs as Probationary Officer/Scale I/II or equivalent posts, the required qualification would be Graduate in any discipline.
- Experience
- At least 15 years of experience in Public Sector Banks/Financial sector/Consulting/dealing with Government Departments/Ministries. Credit appraisal of proposals; project/financial modelling; portfolio monitoring and recovery actions.
- Age Limit
- 62 years as on 31/07/2026
Associate Director - Estates, Services and Administration1 post
- Qualification
- B.E/B.Tech Civil/Mechanical/Electrical from a recognized University. Relevant master's degree is preferred.
- Experience
- At least 15 years of work experience in estates/properties/buildings matters in Corporates/Public Sector Organisations, operation and maintenance of commercial and residential buildings, civil works, vendor/contractor/service provider management, procurement through GeM Portal, CVC guidelines for procurement, security management and fire safety mechanisms.
- Age Limit
- 55 years as on 31/07/2026
Senior Associate3 posts
- Qualification
- Chartered Accountant (CA) or B.Tech./B.E. with MBA or equivalent from a recognized University.
- Experience
- At least 06 years of post-qualification experience in Financial Sector/Consulting etc., credit appraisal of proposals, project/financial modelling, portfolio monitoring and recovery actions. Experience in dealing with Government Departments/Ministries regarding Consulting/Advisory assignments is an added advantage.
- Age Limit
- 38 years as on 31/07/2026
Senior Associate - Technical, Advanced Chemistry Cell1 post
- Qualification
- Bachelor's degree in Chemical/Electrical/Mechanical/Electronics Engineering or Master's degree in Sciences/Technology/Engineering in related field.
- Experience
- For Bachelor's degree in Chemical/Electrical/Electronics Engineering, 05 years; for Master's degree in Sciences/Technology/Engineering in related field, 04 years. Experience should include Advanced Chemistry Cell, energy storage, manufacturing/research in the field of emerging technologies of batteries, energy storage, electric mobility or similar activities.
- Age Limit
- 38 years as on 31/07/2026
Senior Associate - Credit Risk Management1 post
- Qualification
- Graduate in any discipline with MBA/PGDBA/PGDBM/Chartered Accountant/Cost Management Accountant/CFA/Master degree in Economics, Statistics, Mathematics or Commerce. Preferred certifications: FRM/PRM/NISM Certifications/Certificate in Credit Risk Management from IIBF/Professional Credit Risk Certifications.
- Experience
- Minimum 6 years of post-qualification experience in Banks/FIs/NBFCs/Consulting Firm in credit risk management, risk modelling, risk policy or ECL computation. Risk modelling, ECL computation, understanding of IRAC norms and the regulatory framework for NBFCs, analytical skills and risk-policy drafting.
- Age Limit
- 38 years as on 31/07/2026
Senior Associate - Credit Monitoring and Recovery1 post
- Qualification
- Graduate in any discipline with MBA/PGDBA/PGDBM/Chartered Accountant/Cost Management Accountant/CFA.
- Experience
- Minimum 6 years of post-qualification experience in a Bank/FI/NBFC/Consulting Firm in any one or more of resolution of stressed assets, corporate credit, project finance, appraisal, monitoring, recovery.
- Age Limit
- 38 years as on 31/07/2026
Senior Associate - Estates, Services and Administration1 post
- Qualification
- B.E/B.Tech Civil/Mechanical/Electrical or any other from a recognized University. Relevant master's degree is preferred.
- Experience
- At least 6 years of post-qualification work experience in estates/properties/buildings matters, operation and maintenance of commercial and residential buildings, civil works, vendor/contractor/service provider management, procurement through GeM Portal, CVC guidelines, security management and fire safety mechanisms.
- Age Limit
- 38 years as on 31/07/2026
Senior Associate - Human Resources1 post
- Qualification
- Post Graduate Degree/Diploma in Human Resources Management/Personnel Management or Industrial Relations, or MBA/PGDM with specialisation in Human Resources. Diploma or Degree in Law is preferable.
- Experience
- Minimum 6 years post-qualification experience in the Human Resources function in Banks/FIs/NBFCs or other organizations, covering one or more of recruitment, performance management, compensation, employee relations and HR policy implementation.
- Age Limit
- 38 years as on 31/07/2026
Senior Associate - Technical, Electronic Component Manufacturing Scheme1 post
- Qualification
- B.E./B.Tech. or equivalent in Electronics/Electronics & Communication/Electronics & Instrumentation from a recognized University. An additional qualification of MBA (Finance) or equivalent would be preferred.
- Experience
- Minimum 6 years of post-qualification experience, preferably in a manufacturing entity in the Electronics/Electronic components Industry, with exposure to analysis of capex items like machinery, utilities and technology used in manufacturing of electronic items and components.
- Age Limit
- 38 years as on 31/07/2026
Senior Associate - Technical, Chemical and Petrochemical Sector1 post
- Qualification
- B.E./B.Tech. in Chemical Engineering/Petrochemical Engineering or equivalent from a recognized University.
- Experience
- Minimum 6 years of post-qualification experience, preferably in Chemical, Petrochemical, Specialty Chemicals or Process Industry projects, with exposure to planning, appraisal, implementation or monitoring of chemical projects, industrial infrastructure projects or common utility facilities.
- Age Limit
- 38 years as on 31/07/2026
Senior Associate - Technical, Infrastructure Projects1 post
- Qualification
- B.E./B.Tech. in Civil/Mechanical/Electrical/Electronics Engineering or equivalent qualification from a recognised institution.
- Experience
- Minimum 6 years of post-qualification experience in infrastructure development, industrial parks, large-scale projects, project management, EPC/PMC or infrastructure consultancy, appraisal, planning, implementation and monitoring of infrastructure projects, preferably Bulk Drug/Pharmaceutical Parks, industrial parks or common infrastructure projects.
- Age Limit
- 38 years as on 31/07/2026
Age Limit
Maximum 62 years for Associate Director, 55 years for Associate Director (Estates, Services and Administration) and 38 years for all Senior Associate posts, as on 31-07-2026.
Age Relaxation
Age relaxation for Persons with Disabilities (PwD) candidates as per Government of India guidelines.
Selection Process
- 1Scrutiny of Online Resume/Biodata
Initial scrutiny of the online Resume or Biodata submitted by candidates.
- 2Shortlisting
Shortlisting based on qualification and experience; IFCI may restrict the number of candidates called for interview on the basis of qualifications and experience higher than the minimum prescribed.
- 3Interview
Personal or online interview, carried out at New Delhi or held in online mode as decided by IFCI.
- 4Document Verification
Verification of the documents and certificates of shortlisted candidates.
Salary Structure
Market driven salary; remuneration will not be a constraint for a suitable candidate.
How to Apply
- 1Visit the IFCI official website and open the Careers section.
- 2Read Advertisement No. IFCI/2026-27/02 and download the prescribed CV format available under the Careers section.
- 3Fill the complete online application form.
- 4Upload the Resume or Biodata only in the prescribed format.
- 5Verify the entered information before submission.
- 6Submit the online application on or before 27 September 2026.
Documents to Carry / Upload
•No Objection Certificate from the current employer
•Vigilance clearance certificate
•Certificate that no disciplinary proceedings are pending or contemplated
•Integrity certificate (for Central or State Government
•Semi-government
•Autonomous body
•CPSE
•PSU and PSE employees shortlisted for interview)
Important Details
- Selected candidates must execute an indemnity bond with a surety to serve IFCI for at least one year; resigning before that period means paying IFCI Rs. 1 lakh besides serving the notice period or paying salary in lieu of notice.
- Candidates working in Central or State Government, semi-government organisations, autonomous bodies, CPSEs, PSUs or PSEs may apply without the employer documents but must produce a No Objection Certificate, vigilance clearance, a certificate that no disciplinary proceedings are pending or contemplated, and an integrity certificate on the day of interview if shortlisted.
- The advertised positions are for the IFCI Head Office at New Delhi, and selected candidates can be transferred to any regional office, subsidiary or associate anywhere in India.
- SC and ST candidates called for a physical interview are eligible for travelling allowance as per Government of India guidelines; no TA/DA is paid for online interviews.
- IFCI may increase, decrease or cancel the vacancies without further notice, and may restrict the number of candidates called for interview on the basis of qualifications and experience higher than the minimum.
- Legal disputes fall under the exclusive jurisdiction of courts in Delhi.
- Post-qualification experience is counted only after acquiring the prescribed qualification, and the date of declaration of result or issuance of mark sheet is deemed the date of acquiring the qualification.
Contact
Email: [email protected]
Phone: 011-41732000/26487444
Frequently Asked Questions
Will IFCI pay travel expenses to candidates attending the interview?
SC and ST candidates called for a physical interview are eligible for reimbursement of travelling allowance as per Government of India guidelines. If the interview is held online, no TA/DA is paid to any category of candidate.
What details must a candidate mention in the CV?
The CV should mention total experience, current CTC, expected CTC, notice period, current location and date of birth.
Spotted a mistake in this post? Report it
Tags
Organization