Permanent

RITES Assistant Manager Recruitment 2026

Sourced from Official Government PDF
Sep. 18, 2026
Assistant Manager / Transaction AdvisoryAssistant Manager (Transaction Advisory)
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Quick Recruitment Snapshot

Key recruitment parameters at a glance before you apply

Vacancies
3 Posts
Pay Scale
IDA Pay Scale: Rs. 40,000 - 1,40,000/- (E-1)
Age Limit
Up to 32 Years (as on 08.10.2026)
Job Location

Crucial Recruitment Dates

Official schedule & key deadlines

Published

Sep 17, 2026

2

Starts

Sep 17, 2026

3

Deadline

Oct 8, 2026

4

Exam Date

Oct 25, 2026

Application Window17 Sep – 8 Oct 2026
Exam / Test Date25 Oct 2026

Eligibility Criteria & Educational Qualifications

Who is eligible to apply for this recruitment? Check essential educational qualifications, branch/stream criteria, and age limits.

Educational Qualification

Educational Qualification: Full-time Bachelor's degree in any branch of Engineering (B.E./B.Tech) AND a full-time two (2) years MBA or equivalent Post Graduate Degree with specialization in Finance or related subjects from an AICTE/UGC recognized university.
Minimum Percentage: Minimum 60% marks (First Class) for UR/EWS applicants, and minimum 50% marks for OBC(NCL)/SC/ST/PwBD candidates applying against reserved vacancies.
Post-Qualification Experience: Minimum 2 years of relevant post-qualification experience in PPP transaction advisory, infrastructure asset monetization, financial modeling, valuation, project finance, bid management, concession agreements, or M&A / investment banking.
Note: Training (except on-the-job), internships, teaching, fellowships, and Ph.D. research will not count as experience. Apprenticeship training under the Apprentices Act 1961 in the relevant area will be considered.

Age Limit & Relaxations

Maximum age limit is 32 years as on the crucial cut-off date (08.10.2026). Age relaxation of 3 years is admissible for OBC (NCL), 5 years for SC/ST, 10 years for PwBD (plus category relaxation), and 5 years for departmental RITES employees.

Check Your Age Eligibility

Selection Procedure & Screening Stages

Verified Official Source

How will candidates be selected? Multi-stage screening roadmap from application to final merit list.

Written Examination (CBT/OMR)

OnlineMerit Scored

Document Scrutiny & Original Verification

OfflineQualifying Only

Personal Interview

OfflineMerit Scored

Pre-Employment Medical Examination

OfflineQualifying Only

The selection process comprises a Written Test followed by Document Scrutiny and Personal Interview:

  • Written Test (60% Weightage): 125 objective questions (1 mark each, duration 2.5 hours) with no negative marking. Minimum qualifying marks: 50% for UR/EWS and 45% for reserved posts.
  • Interview (40% Weightage): Candidates shortlisted in a 1:6 ratio based on written test merit will be invited for interview (30 marks for Technical & Professional proficiency + 10 marks for Personality & Communication). Minimum qualifying marks: 60% for UR/EWS and 50% for reserved posts.
  • There is no minimum aggregate qualifying cutoff. Appointment is subject to clearing the medical examination as per RITES medical fitness standards.

Syllabus & Exam Pattern Overview

Verified Official Source

What is the examination structure? Mode of test, total marks, duration, and negative marking rules.

Exam Tier / Mode

Written Screening Test

Total Duration

150 Minutes

Negative Marking

No negative marking (0 marks deducted for incorrect answers)

Subject / SectionQuestionsMax Marks
PPP Frameworks, Infrastructure Context & Sector Fundamentals2525
Financial Modeling, Valuation, Project Finance & M&A3030
Bid Process Management, Procurement & Concession Agreements2525
Legal, Corporate & Regulatory Environment1515
Asset Monetization (InvITs/REITs/NMP) & Sustainable Finance1515
IT & Analytics (Advanced Excel, Financial Functions & Python)1515
Total125125

Previous Recruitment Cutoff Benchmarks

Verified Official Source

Historical qualifying marks and eligibility benchmarks for prior recruitment cycles.

YearCategory / Post StreamCutoff / Qualifying Criteria
General
General

Aspirant Ground Reality & Career Trajectory

Verified Official Source

Practical service rules, posting locations, transfer policy, and promotion ladder curated from official gazettes.

Work Culture & Environment

Office/fieldwork balance, duties, organizational environment.

Stationed initially at RITES Corporate Office (Shikhar, Sector-29, Gurgaon) or Regional Project Offices. The Transaction Advisory division handles premier advisory mandates for public-private partnership (PPP) infrastructure projects, National Asset Monetization Pipeline (NMP) assets, financial feasibility appraisal of mega rail, road, urban transit, airport, and port corridors, concession drafting, and project financing. Demands high quantitative acumen in financial modeling (DCF, NPV, DSCR), bid process management, and liaising with top government bodies including Ministry of Railways, NITI Aayog, and NHAI.

Posting & Transfer Policy

Initial posting criteria, zone preferences, transfer liability.

Selected candidates are liable for posting across any project site, regional office, or corporate office in India, as well as overseas assignments based on organizational requirements. Initial appointment is on probation for 1 year with a mandatory confirmation screening test. Employees are subject to a 2-year cooling period during which applications for outside employment will not be forwarded.

Career & Promotion Ladder

Promotion timeline, seniority ladder, pay grade scaling.

RITES follows a structured Navratna CPSE executive cadre progression: Assistant Manager (E-1 / Rs. 40,000 - 1,40,000) -> Manager (E-2 / Rs. 50,000 - 1,60,000) -> Senior Manager (E-3 / Rs. 60,000 - 1,80,000) -> Additional General Manager (AGM / E-4) -> Joint General Manager (JGM / E-5) -> General Manager (GM / E-6). Progression is based on annual performance appraisals (APAR) and residency tenure.
Crucial Application Warnings & Eligibility Traps

Avoid common application rejection triggers, photo/signature guidelines, and certificate validity windows.

  • Strict B.E./B.Tech + Full-Time 2-Year MBA (Finance) Mandate: Both qualifications must be full-time regular degrees from recognized universities with minimum 60% marks (50% for reserved category); distance or part-time degrees will be rejected.
  • Consolidated Single-PDF Experience Proof: All post-qualification experience certificates (minimum 2 years in PPP/financial modeling) must be combined chronologically into a single PDF. Offer letters are not accepted as valid experience proof; joining letters, relieving orders, and latest salary slips / Form 16 are required.
  • No Negative Marking: The written test carries 125 objective questions with no negative marking. Candidates should strategically attempt all questions.
  • Written Test Centers & Tentative Date: The exam will be conducted across 6 locations (Delhi/Gurgaon, Kolkata, Bangalore, Mumbai, Guwahati, Bhubaneswar) tentatively on 25.10.2026.
  • No Outside Job Applications for 2 Years: Selected candidates cannot have their applications forwarded for external employment until completing 2 full years of regular service at RITES.

Category-Wise Vacancy Breakdown & Pay Scale

Detailed post distribution across UR, OBC, EWS, SC, ST quotas and 7th CPC Pay Matrix / Monthly Stipend.

Category-Wise Vacancy Distribution

  • UR2
  • OBC (NCL)1
  • Total3
Total Vacancies3 Posts

Pay Scale & Monthly Remuneration

Selected candidates will be placed in the IDA Pay Scale of Rs. 40,000 - 1,40,000/- at the minimum of the scale. Pay protection (Basic+DA) is available for candidates joining from Central/State Govt, PSUs, or Banks through proper channel with NOC.

IDA scale of Rs. 40,000 - 1,40,000 (E-1 Executive Level). In addition to Basic Pay, employees receive IDA, HRA/company lease accommodation, Performance Related Pay (PRP), medical facilities, superannuation benefits, and post-retirement medical scheme.

Central Govt Salary Calculator

How to Apply Online Step-by-Step?

Follow this verified step-by-step application procedure on the official recruitment portal.

Application Procedure

  1. Online Registration: Visit the official RITES website (rites.com) and navigate to the Career > Online Registration section.
  2. Fill Details: Complete the online application form with accurate personal, educational, and experience details under VC No. RG/46/26. Note down the system-generated Registration Number.
  3. Upload Mandatory Documents: Upload clear, legible scanned copies of the following documents:
    • High School Certificate as proof of Date of Birth.
    • Certificates and all semester/year marksheets of Engineering Degree (B.E./B.Tech) and MBA (Finance).
    • Percentage conversion formula/undertaking from the university (if CGPA is awarded).
    • Valid Category Certificate (OBC-NCL / EWS / SC / ST / PwBD) in Govt. of India format.
    • Photo ID & Address Proof (Aadhaar Card / Voter ID / Passport) and PAN Card.
    • Chronologically merged single PDF containing proofs of all claimed experience (appointment/joining letters, relieving letters, and recent salary slips / Form 16). Offer letters alone are not accepted.
    • Latest Form 16 / salary slip as proof of current CTC.
  4. Pay Application Fee: Pay the non-refundable fee (Rs. 600/- for Gen/OBC; Rs. 300/- for EWS/SC/ST/PwBD) through the online payment gateway. Download the payment invoice.
  5. Download Application Form: Post fee payment, download and print the final submitted application form. Retain a signed copy along with self-attested document sets to be presented during document verification. Do not send physical hard copies to RITES office.

Application Fee & Category Concessions

General / OBC Candidates: Rs. 600/- plus applicable taxes.
EWS / SC / ST / PwBD Candidates: Rs. 300/- plus applicable taxes.
Refund Policy: The fee charged from SC / ST / PwBD candidates during online application will be refunded to their source account upon appearing in the written test / interview, after scrutiny of category certificates.

Official Notification & Portal Verification

Direct links to the authorized government portal, official notification PDF, and career portal.

Verified Official Domain
Visit Official Website

Frequently Asked Questions & Crucial Aspirant Queries

5 Queries Resolved

Clear, verified answers to top eligibility, exam format, salary calculation, and application queries for this notification.

Candidates must possess a full-time Bachelor’s degree in Engineering (any branch) AND a full-time 2-year MBA in Finance (or equivalent) with minimum 60% marks (50% for reserved categories), plus at least 2 years of post-qualification experience in PPP transaction advisory, financial modeling, or infrastructure project finance.

Sarkari Job Khojo is an independent information service and job discovery platform. All recruitment insights, syllabi, previous year exam cutoffs, and selection stages are compiled from official government notifications, gazettes, and recruitment portals. We are not affiliated with, authorized by, or an official representative of any government agency or recruitment board. Always verify details in the official advertisement PDF before applying.

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