IRFC has released Advertisement No. 01/2026 for recruitment to Assistant (NE5 Level) and Assistant Manager (Finance) (E1 Level) posts. The official notification dated 04 April 2026 opens the online application process from 04 April 2026 and keeps it active until 01 May 2026 at 23:45 hrs. In total, 23 vacancies have been notified, including 16 Assistant posts and 7 Assistant Manager (Finance) posts.
This recruitment is more specialized than many headline summaries suggest. For the Assistant post, IRFC has asked for a three-year Bachelor's degree in Commerce with at least 60% marks along with Intermediate qualification from ICAI or ICMAI. For Assistant Manager (Finance), the requirement is either B.Com with 60% plus CA/CMA, or a regular two-year MBA (Finance) or PGDM (Finance). Candidates who were assuming a broad 'any graduate' eligibility should read the notification carefully before applying.
The selection route also differs by post. Assistant candidates will go through CBT, document verification, and medical examination, while Assistant Manager (Finance) candidates will also face an interview. This article brings together the notification details in a practical order so applicants can quickly check dates, vacancy breakup, eligibility, fee, exam pattern, and the online application steps.
IRFC Assistant Recruitment 2026 Overview
Indian Railway Finance Corporation Limited has issued its detailed recruitment notification for Assistant and Assistant Manager (Finance) posts under Advertisement No. 01/2026 dated 04 April 2026. The recruitment is being conducted through online mode only on the IRFC website.
This notification covers two posts: Assistant (NE5 Level) and Assistant Manager (Finance) (E1 Level). The total number of vacancies is 23. The age band for both posts is 18 to 30 years, the medical category is C1, and the tentative schedule for the Computer Based Test is June 2026.
Applicants should note that IRFC has laid down post-specific professional qualifications. The Assistant post is aimed at candidates with a commerce background plus ICAI or ICMAI Intermediate qualification, while the Assistant Manager (Finance) post is intended for candidates with stronger finance credentials such as CA, CMA, MBA (Finance), or PGDM (Finance).
Important Dates
| Event | Date |
|---|---|
| Notification date | 04 April 2026 |
| Opening date of online registration | 04 April 2026 |
| Last date for online registration and fee payment | 01 May 2026, 23:45 hrs |
| Tentative Computer Based Test | June 2026 |
IRFC has not announced the exact CBT date in the notification. Candidates should keep checking the official website and their registered email and mobile number for further updates.
Post-wise Vacancy Details and Reservation
| Post | Pay Scale | Total | UR | SC | ST | OBC-NCL | EWS |
|---|---|---|---|---|---|---|---|
| Assistant (NE5 Level) | Rs. 21,000-74,000 | 16 | 6 | 2 | 1 + 1 backlog | 4 | 2 |
| Assistant Manager (Finance) (E1 Level) | Rs. 40,000-1,40,000 | 7 | 2 | 1 | 1 | 1 + 1 backlog | 1 |
Horizontal reservation is also applicable. For Assistant, 1 vacancy is identified under PwBD and 2 under Ex-Servicemen. For Assistant Manager (Finance), no separate PwBD vacancy is shown, while 1 vacancy is identified for Ex-Servicemen. These horizontal reservations are included within the total vacancies and are not additional posts.
Eligibility Criteria
| Post | Essential Qualification | Age Limit | Medical Category |
|---|---|---|---|
| Assistant (NE5 Level) | Three-year Bachelor's Degree in Commerce from a recognized university or institute with at least 60% marks, and Intermediate Examination passed from the Institute of Chartered Accountants of India or Institute of Cost Accountants of India | 18-30 years | C1 |
| Assistant Manager (Finance) (E1 Level) | Either three-year Bachelor's Degree in Commerce with at least 60% marks plus qualified CA or CMA, or a regular two-year MBA (Finance) or PGDM (Finance) from a recognized university or institute | 18-30 years | C1 |
The notification clearly states that candidates must possess the essential qualification by the closing date of online registration. Candidates awaiting final results of the prescribed qualification are not eligible to apply.
Age Limit and Relaxation
The base age limit for both posts is 18 to 30 years, and age will be reckoned as on 01 January 2026.
| Category | Relaxation |
|---|---|
| SC/ST | 5 years |
| OBC-NCL | 3 years |
| PwBD | 10 years |
| PwBD belonging to SC/ST | 15 years |
| PwBD belonging to OBC-NCL | 13 years |
| Ex-Servicemen | Length of defence service plus 3 years, subject to the conditions in the notification |
| Regular employees of IRFC | 8 years |
For Ex-Servicemen, the notification also gives community-wise age relaxation after deduction of defence service: 3 years for UR/EWS, 6 years for OBC-NCL, and 8 years for SC/ST. The maximum upper age, including all possible relaxations, should not exceed 56 years.
Salary, Benefits, Bond and Probation
| Post | Pay Scale | Approx. CTC |
|---|---|---|
| Assistant (NE5 Level) | Rs. 21,000-74,000 | About Rs. 8.00 lakh |
| Assistant Manager (Finance) (E1 Level) | Rs. 40,000-1,40,000 | About Rs. 16.00 lakh |
The CTC mentioned in the notification is calculated at the minimum of the pay scale. It includes Basic Pay, Dearness Allowance, House Rent Allowance, retirement benefits, cafeteria allowance, admissible performance related pay, and other perks and benefits. Medical facilities, gratuity, leave encashment, and other admissible benefits are also available as per company rules.
Selected candidates for Assistant will have to execute a service bond of Rs. 2 lakh plus GST for a minimum period of two years. Selected candidates for Assistant Manager (Finance) will have to execute a service bond of Rs. 3 lakh plus GST for a minimum period of two years. The probation period is one year from the date of joining.
Selection Process
| Post | CBT | Document Verification | Interview | Medical Test |
|---|---|---|---|---|
| Assistant (NE5 Level) | Yes | Yes | No | Yes |
| Assistant Manager (Finance) (E1 Level) | Yes | Yes | Yes | Yes |
For both posts, the recruitment begins with a Computer Based Test. Assistant candidates are then shortlisted for document verification and medical examination. Assistant Manager (Finance) candidates are shortlisted for document verification and interview, followed by medical examination.
For Assistant Manager (Finance), candidates up to three times the number of vacancies, category-wise, will be called for interview based on CBT merit and reservation rules. Final merit for Assistant Manager (Finance) will be prepared with 80% weightage to CBT marks and 20% weightage to interview marks.
For the Assistant post, the number of candidates called for document verification will be equal to the number of vacancies, category-wise. The notification also says that no stand-by list or panel will be maintained.
CBT Exam Pattern and Indicative Syllabus
IRFC has prescribed a single-stage CBT consisting of Part A and Part B. There will be 100 multiple-choice objective questions of 1 mark each. The duration is 90 minutes, or 120 minutes for eligible PwBD candidates using a scribe. Negative marking applies, and one-fourth of the marks assigned to a question will be deducted for each wrong answer.
| Part A for Both Posts | Questions |
|---|---|
| Mathematics / Numerical Ability | 20 |
| General Awareness | 10 |
| Logical Reasoning / General Intelligence | 10 |
| Knowledge about Railways / IRFC | 10 |
| Total | 50 |
Part B is post-specific and carries 50 marks. For Assistant, the indicative areas include corporate accounting, income tax laws and practice, indirect tax laws, corporate laws, cost accounting, computer application in business, management principles, fundamentals of financial management, auditing and corporate governance, financial reporting and analysis, project management, e-filing of returns, banking and insurance, and related subjects.
For Assistant Manager (Finance), the indicative areas include accounting and Ind AS standards, financial reporting, strategic financial management, auditing, professional ethics, cost and management accounting, corporate and economic laws, direct tax laws, indirect tax laws, enterprise information systems, risk management, financial services and capital markets, computer application in business, e-filing of returns, and related subjects.
Minimum qualifying marks in CBT are 40% for UR/EWS, 30% for SC/OBC-NCL, and 25% for ST. The question paper will be in English and Hindi, but the English version will prevail if any discrepancy arises.
Application Fee
| Category | Fee |
|---|---|
| UR / OBC-NCL / EWS | Rs. 500 |
| SC / ST / PwBD / Ex-Servicemen / Transgender | Exempted |
In addition to the application fee, payment gateway or bank charges, if applicable, will be borne by the candidate. Payment can be made online through UPI, credit card, or online net banking.
Candidates applying for more than one post must submit a separate application form and fee for each post code. IRFC has also warned that the CBT schedule for two post codes may coincide, or the allotted exam city may differ.
How to Apply Online
- Visit the IRFC website and go to the Career section.
- Open the recruitment page and click on Register for new registration.
- Enter the post applied for, name, valid mobile number, and valid email ID.
- Generate OTP, verify the details, and complete registration.
- Log in using the Login ID and Password received on the registered email and mobile number.
- Fill in the application form carefully and upload scanned photo, signature, left thumb impression, and relevant certificates.
- Use the Preview option, make corrections if needed, and submit the form.
- Pay the fee online if applicable.
- Download and keep the generated application form for future reference.
IRFC has made it clear that applications through any other mode will not be accepted and no hard copy needs to be sent by post. Once Step II is submitted, no change or edit is allowed in the application. Name, post applied, email ID, and mobile number cannot be changed after submission.
For application or fee payment issues, the notification mentions the Helpdesk tab in the application portal, the recruitment helpdesk email recruitment_helpdesk@irfc.co.in, and helpdesk number +91-9513631887.
Exam Cities, Admit Card and Exam-Day Instructions
The notification says the CBT may be held at Delhi/NCR, Kolkata, Mumbai, and Chennai. These cities are indicative and may change depending on technical and logistical feasibility. Candidates have to indicate their order of preference for three examination cities while filling the form, but final city allocation will depend on availability.
E-admit cards for the CBT will be sent to the candidate's registered email ID. On the exam day, candidates must carry the e-admit card and an original valid photo identity proof issued by the Government of India.
The notification also instructs candidates to report at least one and a half hours before the exam starts. Entry gates will close half an hour before the commencement of the examination. Mobile phones, watches, earphones, Bluetooth devices, calculators, papers, books, bags, and similar prohibited items are not allowed inside the test centre.
What Is Not Announced Yet
As of the detailed notification dated 04 April 2026, IRFC has not announced the exact CBT date, city-wise schedule, admit card release date, document verification dates, interview dates for Assistant Manager (Finance), or the final result date.
The notification only gives a tentative CBT schedule of June 2026. Candidates should therefore avoid assuming unofficial timelines and should track only the IRFC website, the active jobs page, and the communication sent to their registered email ID and mobile number.
Frequently Asked Questions
How many vacancies are there in IRFC Assistant Recruitment 2026?
There are 23 vacancies in total: 16 for Assistant and 7 for Assistant Manager (Finance).
What is the last date to apply for IRFC Assistant Recruitment 2026?
The last date for online registration and fee payment is 01 May 2026 up to 23:45 hrs.
What is the qualification for the IRFC Assistant post?
The Assistant post requires a three-year B.Com degree with at least 60% marks and Intermediate qualification from ICAI or ICMAI.
Is there an interview for the IRFC Assistant post?
No. The Assistant post does not have an interview. The selection stages are CBT, document verification, and medical test.
What is the application fee for IRFC Recruitment 2026?
UR, OBC-NCL, and EWS candidates have to pay Rs. 500. SC, ST, PwBD, Ex-Servicemen, and Transgender candidates are exempted.
What is the CBT pattern for IRFC Recruitment 2026?
The CBT has 100 objective questions for 100 marks, with a duration of 90 minutes and negative marking of one-fourth mark for each wrong answer.
Can final-year candidates apply for IRFC Assistant Recruitment 2026?
No. Candidates awaiting final results of the prescribed qualification are not eligible to apply.
When will the IRFC CBT be held?
The notification gives only a tentative CBT schedule of June 2026. The exact exam date has not been announced yet.