DreamAi

SIDBI Recruitment 2024: Apply for Assistant Manager & Manager Posts!

The Small Industries Development Bank of India (SIDBI) is a financial institution established by an Act of Parliament to promote, finance, and develop the Micro, Small and Medium Enterprises (MSMEs) sector in India. SIDBI plays a pivotal role in supporting the growth and development of MSMEs, contributing significantly to India's economic growth.

SIDBI Recruitment 2024: Overview Of The Job Notification

Details of the SIDBI Job Notification 2024:

  • Organization: Small Industries Development Bank of India (SIDBI)

  • Vacancies: 72

  • Post Name: Assistant Manager Grade 'A' (General Stream) and Manager Grade 'B' (General, Legal, and Information Technology)

  • Location: Various locations across India

  • Salary:

    • Assistant Manager Grade 'A': 1,00,000/- per month (approx.)

    • Manager Grade 'B': 1,15,000/- per month (approx.)

SIDBI Recruitment 2024: Find Out if You’re Eligible for Various Job Posts

SIDBI Recruitment 2024: Qualification and Eligibility

Assistant Manager Grade 'A' (General Stream)

  • Educational Qualification: Graduation in Commerce/ Economics/ Mathematics/ Statistics/ Business Administration/ Engineering with minimum 60% marks (50% for SC/ST/PwBD applicants) OR Company Secretary (CS) / Certified Management Accountant (CMA/ICWA) / Chartered Financial Analyst (CFA) OR Chartered Accountant (CA) OR MBA/PGDM (full-time 2 years) from a UGC/Govt. recognized institution.

  • Experience: Minimum two years' experience in credit dispensation in areas of MSME/Corporate lending (experience in personal/educational/vehicle/housing loans will not be considered).

Manager Grade 'B' (General Stream)

  • Educational Qualification: Graduation in any discipline/Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) OR Post-Graduation in any discipline/Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate.

  • Experience: At least Five years' experience as an officer (permanent) in RBI, SEBI, All India Financial Institutions (EXIM Bank, NABARD, NHB, NaBFID, and SIDBI), Scheduled Commercial Banks, or NBFCs registered with RBI.

Manager Grade 'B' (Legal Stream)

  • Educational Qualification: Bachelor's degree in law from a UGC/Govt. recognized institution with a minimum of 50% marks (45% for SC/ST/PwBD candidates) and enrolled as an advocate with the Bar Council of India.

  • Experience: At least Five years' work experience post-bachelor's degree in law as a Law Officer (permanent/full-time direct contract) in RBI, SEBI, All India Financial Institutions, Scheduled Commercial Banks, Central Public Sector Enterprises (CPSEs), or NBFCs registered with RBI.

Manager Grade 'B' (Information Technology - AI/ML Automation/Full Stack Application Development/Security/Infrastructure and Network)

  • Educational Qualification: Bachelor's degree in engineering/technology in Computer Science/Computer Technology/Information Technology/Electronics/Electronics & Communications from a UGC/Govt. recognized institution with 60% marks (SC/ST/PWBD applicants 55%) in aggregate OR MCA from a UGC/Govt. recognized institution with 60% marks (SC/ST/PWBD applicants 55%) in aggregate.

  • Experience: At least Five years’ experience in Information Technology as an IT/System officer (permanent/full-time direct contract) in All India Financial Institutions, Scheduled Commercial Banks, Listed Companies, or NBFCs registered with RBI.

SIDBI Recruitment 2024: Age Limit

General Category

  • Assistant Manager Grade 'A': 21-30 years

  • Manager Grade 'B': 25-33 years

Relaxations in Upper Age Limit:

  • SC/ST: 5 years

  • OBC (Non-creamy Layer): 3 years

  • PwBD (Unreserved/EWS): 10 years

  • PwBD (OBC): 13 years (cumulative with OBC relaxation)

  • PwBD (SC/ST): 15 years (cumulative with SC/ST relaxation)

  • Ex-servicemen: 5 years

  • Persons affected by 1984 riots: 5 years

SIDBI Recruitment 2024: Salary

Post Name

Minimum Gross Emoluments (INR per month)

Assistant Manager Grade 'A'

1,00,000/- (approx.)

Manager Grade 'B'

1,15,000/- (approx.)

SIDBI Recruitment 2024: Vacancies Table

Post Name

Total Vacancies

Assistant Manager Grade 'A' (General Stream)

50

Manager Grade 'B' (General Stream)

10

Manager Grade 'B' (Legal Stream)

6

Manager Grade 'B' (Information Technology)

6

Total

72

SIDBI Recruitment 2024: Selection Process

  • Phase I: Online Screening Examination consisting of seven sections (200 marks)

  • Phase II: Online Examination consisting of two papers (200 marks)

  • Phase III: Interview (100 marks)

Step-by-Step Guide to Apply Online

  1. Visit the SIDBI Website: Go to www.sidbi.in .

  2. Click on "APPLY ONLINE": Find the link for "APPLY ONLINE" on the homepage.

  3. New Registration: Click on "Click here for New Registration" and enter your name, contact details, and email address.

  4. Provisional Registration: Note your Provisional Registration Number and Password, which will be displayed on the screen and sent via email and SMS.

  5. Complete Application: Fill out the online application form completely and upload your photograph, signature, left thumb impression, and handwritten declaration.

  6. Preview Application: Click "Preview Tab" to review your application before submitting.

  7. Payment: Click on the "Payment Tab" and complete the payment process using Debit/Credit cards, Internet Banking, IMPS, Cash Cards, or Mobile Wallets.

  8. Submit Application: After successful payment, click "Submit."

SIDBI Recruitment 2024: Important Links

SIDBI Recruitment 2024: Important Dates

  • Opening of Online Registration Gateway/Payment of Fees: November 08, 2024

  • Closing of Online Registration Gateway/Payment of Fees: December 02, 2024

  • Cut-off date for determining Eligibility Criteria (Age): November 08, 2024

  • Cut-off date for determining Eligibility Criteria (Educational Qualification/Experience): December 02, 2024

  • Tentative Date of Online Examination (Phase I): December 22, 2024

  • Tentative Date of Online Examination (Phase II): January 19, 2025

  • Tentative Schedule of Interview: February 2025

Frequently Asked Questions (FAQs)

1. What is the last date to apply for SIDBI recruitment 2024?

The last date to apply online for SIDBI recruitment 2024 is December 02, 2024.

2. What is the salary for Assistant Manager Grade 'A' at SIDBI?

The minimum gross emoluments for Assistant Manager Grade 'A' is approximately `1,00,000/- per month.

3. What are the key eligibility criteria for the Manager Grade 'B' (Legal Stream) position?

Candidates must have a Bachelor's degree in law from a recognized university with at least 50% marks, be enrolled as an advocate with the Bar Council of India, and have at least five years of experience as a Law Officer.

4. Is there any age relaxation for PwBD candidates applying for SIDBI recruitment?

Yes, PwBD candidates are eligible for an age relaxation of 10 years for unreserved/EWS categories and 13 years for OBC candidates (cumulative with OBC relaxation), and 15 years for SC/ST candidates (cumulative with SC/ST relaxation).

5. Where can I find the Disability Certificate format for applying to SIDBI recruitment?

The Disability Certificate format is available on SIDBI's official website.

PDF