Are you a Commerce graduate with CA/CMA or MBA (Finance)? Indian Railway Finance Corporation Limited (IRFC) — one of India’s most profitable Navratna PSUs under the Ministry of Railways — has officially released IRFC Recruitment 2026 through Advertisement No. 01/2026 dated 04 April 2026. A total of 23 vacancies are open for two posts: Assistant (NE-5 Level) and Assistant Manager Finance (E-1 Level). Online applications are open from 04 April 2026, and the last date to apply is 1 May 2026 (23:45 hrs). The Computer-Based Test (CBT) is tentatively scheduled for June 2026.
This is one of the most prestigious PSU government jobs in India in 2026 — IRFC posted a turnover of ₹27,152.14 crore and a net worth of ₹52,667.77 crore as on March 31, 2025, and has consistently been rated EXCELLENT by the Government of India for MOU target achievements. Read every detail before you apply.
IRFC Recruitment 2026 — Complete Overview at a Glance
| Detail | Information |
|---|---|
| Organisation | Indian Railway Finance Corporation Limited (IRFC) |
| Advertisement No. | 01/2026 dated 04.04.2026 |
| Post Names | Assistant (NE-5) & Assistant Manager Finance (E-1) |
| Total Vacancies | 23 |
| Application Mode | Online Only — irfc.co.in |
| Application Opens | 04 April 2026 |
| Last Date to Apply | 01 May 2026 (23:45 hrs) |
| CBT Exam Date | June 2026 (Tentative) |
| Job Location | New Delhi (HQ) |
| CTC — Assistant | Approx. ₹8.00 Lakh per annum |
| CTC — Asst. Manager | Approx. ₹16.00 Lakh per annum |
| Category | PSU Government Job — Navratna CPSE |
| Under Ministry | Ministry of Railways, Govt. of India |
What is IRFC? — Why This PSU Job Is a Game-Changer in 2026
Indian Railway Finance Corporation Limited (IRFC) is a Schedule ‘A’, Navratna Public Sector Undertaking under the administrative control of the Ministry of Railways, Government of India. IRFC is India’s dedicated financing arm for the Indian Railways and functions as a Public Finance Institution engaged in supporting railway infrastructure creation across the country.
Its core business includes leasing of Rolling Stocks — Locomotives, Passenger Coaches, and Freight Wagons — and financing major Railway projects. IRFC raises funds from diverse financial markets using a range of instruments and channels those resources directly into Indian Railways’ expansion.
The financial scale of IRFC makes this one of the most stable PSU employers in India:
Annual Turnover (FY2024-25): ₹27,152.14 crore. Net Worth: ₹52,667.77 crore. Government Rating: Consistently EXCELLENT for MOU target achievement.
For any finance professional or commerce graduate looking for a high-paying, rock-solid government PSU job in 2026, IRFC Recruitment 2026 is without question one of the best opportunities available this year.
IRFC Vacancy 2026 — Post-wise Details, Eligibility & Salary
| Post 1: Assistant — NE-5 Level |
| Total Vacancies: 16 |
Vacancy Breakdown (Vertical Reservation):
| Category | Vacancies |
|---|---|
| Unreserved (UR) | 02 |
| SC | 01 |
| ST | 01 |
| OBC-NCL | 01+01*backlog |
| EWS | 01 |
| Total | 07 |
Horizontal Reservation: Ex-Servicemen — 01 vacancy PwBD — Not applicable for this post
Pay Scale: ₹40,000 – ₹1,40,000 Approximate CTC: ₹16.00 Lakh per annum (at minimum of pay scale) Age Limit: 18 to 30 years (as on 01.01.2026) Medical Category: C1
Essential Qualification:
Candidates must hold (i) AND either (ii) or (iii):
(i) Three-year Bachelor’s Degree in Commerce from a recognised University/Institute with minimum 60% marks.
AND
(ii) Qualified CA (Chartered Accountant) from ICAI OR CMA (Cost Management Accountant) from ICMAI.
OR
(iii) Two-year Regular MBA (Finance) OR Post Graduation Diploma in Management (Finance) from a recognised University/Institute.
IRFC 2026 Salary & CTC — Full Breakdown
| Post | Pay Scale | Approx. CTC (Annual) | Age Limit |
|---|---|---|---|
| Assistant NE-5 | ₹21,000 – ₹74,000 | ₹8.00 Lakh | 18–30 years |
| Asst. Manager Finance E-1 | ₹40,000 – ₹1,40,000 | ₹16.00 Lakh | 18–30 years |
The CTC figures above include Basic Pay, Dearness Allowance (DA), House Rent Allowance (HRA), Cafeteria Allowance, admissible Performance Related Pay (PRP), and Retirement Benefits calculated at the minimum of the pay scale.
Age Limit & Age Relaxation — IRFC Recruitment 2026
General Age Limit: 18 to 30 years (reckoned as on 01 January 2026). Maximum age, including all relaxations, must not exceed 56 years.
Age Relaxation (Upper Age Limit):
SC/ST candidates — 5 years relaxation. OBC-NCL candidates — 3 years relaxation. PwBD candidates — 10 years (15 years for PwBD belonging to SC/ST; 13 years for PwBD belonging to OBC-NCL). Ex-Servicemen — Relaxation up to the extent of defence service rendered plus 3 years, provided minimum 6 months post-attestation service. Regular IRFC employees — 8 years relaxation.
Note: Age relaxation for PwBD candidates applies irrespective of whether the post is reserved, provided the post is identified as suitable for the concerned PwBD category.
IRFC 2026 Selection Process — Step by Step
| Stage | Assistant NE-5 | Asst. Manager Finance E-1 |
|---|---|---|
| Computer-Based Test (CBT) | ✅ Yes | ✅ Yes |
| Document Verification | ✅ Yes | ✅ Yes |
| Interview | ❌ No | ✅ Yes |
| Medical Test | ✅ Yes | ✅ Yes |
For the Assistant Manager Finance (E-1) post, candidates up to 3 times the number of vacancies (community-wise) will be called for an interview based on CBT merit. Final merit for this post is calculated as: 80% weightage to CBT + 20% weightage to Interview.
For the Assistant (NE-5) post, candidates equal to the number of vacancies (community-wise) will be called for Document Verification based strictly on CBT merit. No interview is conducted.
Application Fee — IRFC 2026
| Category | Fee |
|---|---|
| UR / OBC-NCL / EWS | ₹500 (non-refundable) |
| SC / ST / PwBD / Ex-Servicemen / Transgender | NIL (Exempted) |
Payment is accepted online only via UPI, Credit Card, or Net Banking through the integrated payment gateway on the IRFC application portal. Fee once paid is non-refundable under any circumstances.
If you are applying for both posts (Post Code 01 and Post Code 02), you must submit a separate application form and pay a separate fee for each post code. Note that the CBT schedules for the two postcodes may coincide.
How to Apply for IRFC Recruitment 2026 — Step-by-Step Guide
All applications must be submitted exclusively online at https://irfc.co.in. No offline applications or postal submissions will be accepted.
Step 1: Visit the official IRFC website at https://irfc.co.in and go to the “Career” section.
Step 2: Click “Register” on the IRFC Recruitment Home page for new registration. Fill in the post applied for, your name, a valid mobile number, and an active email ID.
Step 3: Generate OTP, accept Terms & Conditions, and verify your details. You will receive your Login ID and Password on your registered mobile and email.
Step 4: Log in and fill the complete Online Application Form — personal details, educational qualifications, reservation category, exam city preference (3 choices), and all other required fields.
Step 5: Upload scanned images of your Photograph (100-200 KB, JPG), Signature (80-150 KB, JPG), Left Thumb Impression (80-150 KB, JPG), and relevant Certificates (100-1000 KB, JPG/PDF).
Step 6: Preview your application carefully before final submission. Once submitted, NO changes are allowed.
Step 7: Pay the ₹500 application fee (if applicable) via the payment gateway. After successful payment, your application will be confirmed. Download and save the generated Application Form for future reference — do NOT send it to IRFC.
Helpdesk: For technical issues, contact +91-9513044823 or email recruitment_helpdesk@irfc.co.in.out ₹500 application fee (if applicable) via
Closing Date & Time: 01 May 2026 at 23:45 hrs — Do not wait for the last day.