IFCI Factors Limited Recruitment 2026: Career Guide & Vacancy Details

About IFCI Factors Limited Careers

Organization Overview

IFCI Factors Limited plays a crucial role in providing working capital finance through factoring and other trade finance instruments. As a subsidiary of the Industrial Finance Corporation of India (IFCI) Limited, it leverages the extensive experience and market presence of its parent company. The organization is committed to supporting the growth of businesses, particularly Micro, Small, and Medium Enterprises (MSMEs), by offering efficient financial solutions. Its operations are guided by principles of professionalism, integrity, and customer-centricity, making it an attractive employer in the financial services sector.

Key Job Profiles

IFCI Factors Limited offers diverse career opportunities across various functions. While specific roles are advertised as per requirement, typical positions include:

• Manager (Operations): Overseeing factoring operations, client management, and process efficiency.
• Assistant Manager (Finance & Accounts): Handling financial reporting, accounting, compliance, and budgeting.
• Executive (Business Development): Focusing on client acquisition, market expansion, and product promotion.
• Legal Officer: Providing legal expertise, drafting agreements, and ensuring regulatory compliance.
• Credit Analyst: Assessing creditworthiness of clients and managing risk associated with factoring.

Salary & Benefits

Employees at IFCI Factors Limited can expect competitive remuneration packages that include basic pay, dearness allowance, house rent allowance, and other benefits as per company policy and prevailing norms. The salary structure is typically benchmarked against industry standards for financial institutions. Depending on the role and level, benefits may also include performance-based incentives, medical insurance, leave travel concessions, and opportunities for professional development and training.

Selection Process

The selection process at IFCI Factors Limited is designed to identify candidates with the requisite skills, knowledge, and aptitude. It generally involves multiple stages:

• Shortlisting: Based on the applications received and meeting the prescribed eligibility criteria.
• Written Examination: For certain entry-level or specialized positions, a written test may be conducted to assess domain knowledge and aptitude.
• Group Discussion (GD): To evaluate communication skills, teamwork, and problem-solving abilities.
• Personal Interview (PI): The final stage where candidates are assessed for their suitability for the role and the organization's culture.

How to Crack IFCI Factors Limited Exams

Preparing for recruitment at IFCI Factors Limited requires a strategic approach. Candidates should:

• Understand the Syllabus: Thoroughly review the official notification for detailed information on the syllabus for different sections like quantitative aptitude, reasoning, English, and domain-specific knowledge.
• Practice Regularly: Engage in consistent practice of questions from all sections, focusing on speed and accuracy. Mock tests are essential for simulating exam conditions.
• Develop Domain Knowledge: For specialized roles, a deep understanding of financial markets, factoring, NBFC regulations, and accounting principles is crucial.
• Improve Communication Skills: For group discussions and interviews, clear articulation, logical reasoning, and confidence are key. Stay updated on current affairs, especially in the finance sector.
• Work on Soft Skills: Emphasize leadership potential, teamwork, and adaptability during interview stages.