IOCL Recruitment of Assistant Officer Finance Recruitment 2025 Notification Out for CMA Inter, CA Inter

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Indian Oil is looking for experienced, energetic and dedicated Assistant Officers in Finance function with bright academic record and rich experience to join the organization. Details of eligibility criteria regarding prescribed educational qualification, upper age limit, relevant work experience, relaxation/reservation and other eligibility criteria, shortlisting methodology, application procedure etc. are mentioned below.

Indian Oil Corporation Limited (IOCL), a Maharatna company and one of the leading energy enterprises in India, has announced the recruitment of Assistant Officers (Grade A0) in the Finance Function. This is a great opportunity for finance professionals looking to work in one of India’s most prestigious public sector enterprises.

In this blog, we cover all essential details, including educational qualifications, experience requirements, age limits, salary, selection process, and how to apply for the IOCL Assistant Officers Recruitment 2025.

1. Educational Qualifications

To be eligible for the position of Assistant Officer in the Finance Function, candidates must meet the following educational criteria:

• Minimum Qualification: A three-year graduation degree (full-time regular course) in any discipline from an AICTE/UGC-recognized institution with minimum marks:
  • General, OBC (NCL), and EWS: 55% marks
  • SC, ST, PwBD: 50% marks
• Professional Qualification: Candidates must have passed CA Intermediate or CMA Intermediate.
• Candidates who have completed CA Final or CMA Final are NOT eligible to apply.

2. Essential Post Qualification Experience

• Candidates must have at least three years of relevant work experience in finance as of January 31, 2025.
• Relevant work experience includes Finance, Accounts, Taxation, Cost Accounting, Auditing, etc.
• Articleship training or internships will not be considered as valid work experience.

3. Age Limit

As of June 30, 2025, the maximum age limit is:

• General/EWS: 30 years
• OBC (NCL): 33 years
• SC/ST: 35 years
• PwBD candidates: Additional 10 years of relaxation

Candidates must provide valid age proof (such as a matriculation certificate) to claim age relaxation.

4. Salary & Benefits

• Selected candidates will receive a starting basic pay of ₹40,000 per month in the ₹40,000 - ₹1,40,000 pay scale.
• Additional benefits include:
  • Dearness Allowance (DA)
  • House Rent Allowance (HRA) or Subsidized Housing
  • Medical Benefits for self and dependents
  • Provident Fund, Gratuity, Leave Encashment, Performance-Related Pay (PRP)
  • Travel Allowances and Loans for housing and conveyance
• The total remuneration, including benefits, is approximately ₹14.23 lakh per annum.

5. Selection Process

The selection process consists of:

1. Shortlisting based on CA/CMA Intermediate scores
2. Group Discussion (GD) & Group Task (GT)
3. Personal Interview (PI)

The final merit will be based on a weighted combination of these components.

6. How to Apply?

Candidates can apply online only through the official IOCL website.

Steps to Apply:

1. Visit IOCL Careers Page.
2. Click on the Assistant Officers (Finance) Recruitment 2025 link.
3. Register with a valid email ID and mobile number (this cannot be changed later).
4. Fill in the online application form carefully.
5. Upload required documents:
   • Recent passport-size photograph (taken after January 2025)
   • Scanned signature
6. Review the application and submit it before the deadline.
7. Save a PDF copy of the submitted application for future reference.

Important Dates:

• Application Start Date: February 25, 2025
• Last Date to Apply: March 18, 2025 (5:00 PM IST)

7. Additional Information

• Service Bond: Selected candidates must sign a bond to serve IOCL for a minimum of 3 years.
  • General category: ₹2,00,000
  • Reserved categories (SC/ST/OBC-NCL/EWS/PwBD): ₹35,000
• Posting Locations: Candidates can be posted anywhere in India based on company requirements.
• No Application Fee: There is no fee for applying.

8. Conclusion

IOCL’s Assistant Officer (Finance) Recruitment 2025 is an excellent career opportunity for finance professionals. With an attractive salary, benefits, and growth prospects, this job is a prestigious option for those in the finance sector.

Interested candidates should apply before March 18, 2025, and ensure they meet all eligibility criteria to avoid disqualification.

IOCL Job 2025- Important Links
To Download IOCL Jobs Notification 2025 PDF	Download
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Author: Divyanshu Kr Ranjan

Published: February 25, 2025

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