India Infrastructure Finance Company offers an excellent salary package for the post of Assistant Manager. Candidates must be curious about IIFCL Assistant Manager Salary 2024, as IIFCL Assistant Manager 2024 vacancy has been released by the board. IIFCL Assistant Manager 2024 Salary will be based on pay scale and selected candidates will get a salary of Rs. 45,500 per month. Employees selected in IIFCL Assistant Manager Salary 2024 get the basic salary as well as other allowances and benefits.
IIFCL Assistant Manager Salary 2024
Assistant Manager (Grade A) in IIFCL will be paid as per a fixed pay scale with additional benefits. Candidates who qualify for this post will get Rs. 44,500 per month initially which increases day by day as per the posts. When allowances and other benefits like medical insurance, provident fund and gratuity are taken into account, the remuneration package can ultimately reach Rs 18 lakh annually.
IIFCL Assistant Manager Salary 2024
One of the most attractive features of the Assistant Manager post in the recruitment process 2024 is the pay scale which every candidate eagerly waits for. For your convenience, we have created a simplified table below that will provide candidates with all the information about IIFCL Assistant Manager Salary 2024.
IIFCL Assistant Manager 2024 Salary Structure
The IIFCL Assistant Manager (Grade A) salary structure for 2024 is excellent in terms of pay scale, allowances and other benefits. With the inclusion of additional benefits and bonuses, salaries are set to allow for future growth. For more information related to salary, please read the table given below.
IIFCL Assistant Manager Salary 2024 | |
basic salary | Rupee. Rs 44,500 per month (initial) |
pay scale | Rupee. 44,500 – Rs.2500 (varies with increase in years) |
gross salary | Rupee. 80,000 (approximate, including allowances) |
Salary increment | Pay scale increases with regular increments over 17 years |
Annual CTC | Approximately Rs 18 lakh (including benefits and allowances) |
additional allowances | Medical Insurance, Provident Fund, Gratuity, etc. |
other benefits | Leave Encashment, Pension Scheme, etc. |
IIFCL Assistant Manager Salary 2024- Perks & Allowances
Along with monthly salary, IIFCL offers many allowances and facilities like Dearness Allowance (DA), Grade Allowance, Local Allowance, E and House Rent Allowance (HRA) etc. Apart from this, candidates will also get some other benefits, some of which are mentioned below.
- Dearness Allowance (DA)
- grade allowance
- local allowance
- House Rent Allowance (HRA) – 15% of basic pay if lease facility is not availed.
- family allowance
- special allowance
- Gift
- transportation facility
- leave fare concession
- residential telephone
- household expenses
- children’s education allowance
- leave encashment
- Reimbursement of Medical Expenses
- Reimbursement of mobile handset charges
- newspaper allowance
- Loan
IIFCL Assistant Manager 2024- Job Profile
The job profile of IIFCL Assistant Manager (Grade A) has a wide range of duties. However, this position involves some general responsibilities and activities which are mentioned below.
- The candidate who qualifies the IIFCL exam and joins the post of Assistant Manager will maintain the financial accounts of the project.
- The candidate holding the post of Assistant Manager will have to take care of the security of the company’s finances so that no one can commit fraud in his/her career.
- The Assistant Manager has to keep with him the legal documents of every project going on in the company.
- The Assistant Manager will coordinate all sections, give presentations and manage customer and stakeholder communications.