RITES Limited (Rail India Technical and Economic Service), a Navratna Central Public Sector Enterprise under the Ministry of Railways, has released Advertisement No. RG_46_26 for 3 vacancies of Assistant Manager / Transaction Advisory on a regular basis.
This is a specialised role and is not for freshers. RITES is looking for candidates who combine a full-time engineering degree with a full-time MBA in Finance and have at least 2 years of hands-on experience in areas like PPP transaction advisory, financial modelling, asset monetisation, project finance, or bid process management.
The online application process started on 17 September 2026 and the last date to apply is 8 October 2026. The salary ranges from ₹40,000 to ₹1,40,000 per month (E-1 Grade). Selection is based on a Written Test (60%) and Personal Interview (40%). Read below for complete details including eligibility, selection process, salary, and step-by-step application instructions.
| Organization | RITES Limited |
|---|---|
| Organization Type | Navratna Central Public Sector Enterprise, Ministry of Railways |
| Advertisement No. | RG_46_26 |
| Post Name | Assistant Manager / Transaction Advisory |
| Total Vacancies | 3 |
| Pay Scale | ₹40,000 – ₹1,40,000 per month (E-1 Grade) |
| Job Location | Anywhere in India (Corporate Office, Projects, JVs, etc.) |
| Application Mode | Online only |
| Official Website | www.rites.com |
The official notification for RITES Assistant Manager (Transaction Advisory) Recruitment 2026 was released on 17 September 2026. The online application process commenced on the same day and will remain open until 8 October 2026. The tentative date for the written examination is 25 October 2026. Candidates are advised to read the official notification carefully and apply well before the deadline.
| Event | Date |
|---|---|
| Notification Release Date | 17 September 2026 |
| Online Application Start Date | 17 September 2026 |
| Online Application End Date | 8 October 2026 |
| Cut-off Date for Eligibility (Age) | 8 October 2026 |
| Tentative Written Test Date | 25 October 2026 |
| Admit Card | Will be intimated |
| Result Date | Will be updated here |
Candidates are advised to verify all dates from the official RITES website.
| Category | Application Fee |
|---|---|
| General / OBC | ₹ 600/- plus taxes as applicable |
| EWS / SC / ST / PwBD | ₹ 300/- plus taxes as applicable |
Payment Mode: Online through the available payment gateway.
| Criteria | Details |
|---|---|
| Maximum Age (General / UR) | 32 Years |
Age Relaxation:
| Category | Relaxation |
|---|---|
| OBC (NCL) | 3 Years |
| SC / ST | 5 Years |
| PwBD | 10 Years (plus category relaxation) |
| J&K Domicile | 5 Years |
| RITES Regular / Contract Employees | 5 Years |
A total of 3 vacancies have been announced for the post of Assistant Manager / Transaction Advisory on a regular basis.
| Post Name | Grade | Vacancies |
|---|---|---|
| Assistant Manager / Transaction Advisory | E-1 | 3 |
| Total | 3 |
Educational Qualification:
Candidates must possess both of the following qualifications from a recognized university or institution:
Minimum Marks Required:
| Category | Minimum Marks |
|---|---|
| UR / EWS | 60% (First Class) |
| OBC (NCL) / SC / ST / PwBD | 50% |
Work Experience:
A minimum of 2 years of post-qualification experience is mandatory. The experience must be in at least one of the following areas:
The selection process is multi-stage and designed to test both technical knowledge and professional suitability:
Weightage & Qualifying Marks:
| Stage | Weightage | Qualifying Marks (UR/EWS) | Qualifying Marks (Reserved) |
|---|---|---|---|
| Written Test | 60% | 50% | 45% |
| Interview | 40% | 60% | 50% |
Exam Pattern (Indicative):
| Feature | Details |
|---|---|
| Mode | Online (Computer-Based Test) |
| Total Questions | 125 Objective Questions |
| Total Marks | 125 |
| Duration | 2.5 Hours (150 Minutes) |
| Negative Marking | No |
Selected candidates will be placed in the E-1 Grade with a competitive IDA pay scale:
| Post | Grade | Pay Scale (Per Month) |
|---|---|---|
| Assistant Manager / Transaction Advisory | E-1 | ₹ 40,000 – ₹ 1,40,000 |
Additional Benefits:
Before starting the application process, keep these documents scanned and ready:
Follow these steps to submit your online application:
Step 1: Visit the Official Website
Step 2: Find the Notification
Step 3: Read the Notification
Step 4: Register
Step 5: Fill the Application Form
Step 6: Upload Documents
Step 7: Pay the Fee
Step 8: Review and Submit
Step 9: Save Confirmation
Ans: A total of 3 vacancies have been announced.
Ans: The last date for online application is 8 October 2026.
Ans: Candidates must have a full-time Bachelor's Degree in Engineering and a full-time two-year MBA in Finance or related subjects.
Ans: Yes, a minimum of 2 years of post-qualification experience in transaction advisory, financial modelling, project finance, or related areas is mandatory.
Ans: The maximum age limit is 32 years as on 8 October 2026.
Ans: The application fee is ₹600 for General/OBC candidates and ₹300 for EWS/SC/ST/PwBD candidates, plus applicable taxes.
Ans: The pay scale is ₹40,000 – ₹1,40,000 per month (E-1 Grade).
Ans: The selection process includes a Written Test (60% weightage), Document Scrutiny, and a Personal Interview (40% weightage), followed by a Medical Examination.
Ans: No, there is no negative marking in the written test.
Ans: The tentative written test date is 25 October 2026.
The RITES Assistant Manager (Transaction Advisory) Recruitment 2026 is a specialised opportunity for professionals who combine an engineering background with a finance MBA and relevant transaction advisory experience. With 3 vacancies, a pay scale of up to ₹1.40 lakh per month, and a clear selection process, this role rewards expertise and credentials.
The application window is open from 17 September to 8 October 2026. Read the official notification carefully, check your eligibility, and submit your application online at www.rites.com well before the deadline. The written test is tentatively scheduled for 25 October 2026, so start your preparation early. Best of luck!