SIDBI Recruitment 2024: The Small Industries Development Bank of India (SIDBI) is recruiting for 50 posts of Grade ‘A’ (Assistant Manager) for its General and Specialist streams in recruiting Officers. Selected candidates will be engaged in various roles such as MSME financing, legal support, IT management and business development, with a commitment to support and advance MSMEs in India. Eligible and interested candidates may apply Online only through the official website of the SIDBI (See the Official PDF below).
Candidates must apply by December 2, 2024, and the recruitment process includes an online test and an interview. Required educational qualifications and other details are given below for informational purposes to assist job-seekers.
Overview Details for SIDBI Recruitment 2024
Here is a simple table summarizing the SIDBI Recruitment 2024 for Officers in Grade ‘A’:
| Category | Details |
|---|---|
| Organization | Small Industries Development Bank of India (SIDBI) |
| Posts | Assistant Manager (Grade ‘A’) |
| Streams | General and Specialist (Legal, IT) |
| Application Mode | Online |
| Application Start Date | November 8, 2024 |
| Application End Date | December 2, 2024 |
| Phase I Exam Date | December 22, 2024 |
| Phase II Exam Date | January 19, 2025 |
| Interview Date | February 2025 (Tentative) |
| Eligibility | Varies by post; includes qualifications in fields like Commerce, Law, IT, and Engineering |
| Total Vacancies | 72 (50 for Grade ‘A’ and 22 for Grade ‘B’) |
| Salary (Approx.) | Grade ‘A’: ₹1,00,000/- per month |
| Official Website | www.sidbi.in |
Vacancy Details for SIDBI Recruitment 2024
The Small Industries Development Bank of India (SIDBI) invites applications (Online mode only) from the below-mentioned posts. Vacancy Details are given in the box below.
| Name of the Posts | Vacancy |
| Assistant Manager (Grade ‘A’) | 50 |
Eligibility Criteria
To be eligible for SIDBI Recruitment 2024, candidates must meet certain educational and age requirements:
Educational Qualification:
(i) Graduation in Commerce, Economics, Mathematics, Statistics, Business Administration, or Engineering with at least 60% marks (50% for SC/ST/PwBD applicants).
(ii) OR a professional qualification such as Company Secretary (CS), Chartered Accountant (CA), or Chartered Financial Analyst (CFA).
(iii) OR a Master’s degree like MBA/PGDM (must be a full-time, 2-year program) from a recognized university.
Age Limit: Candidates should be between 30 years of age as of November 8, 2024.
Age relaxations apply for SC/ST (5 years), OBC (3 years), and PwBD (10 years for general category candidates with disabilities) according to government rules.
SIDBI Grade ‘A’ Assistant Manager Salary and Benefits:-
The post of Assistant Manager in SIDBI comes with an attractive salary. Grade ‘A’ basic pay starts at ₹44,500 per month and can go up to ₹89,150 in 17 years. Apart from the basic salary, candidates will receive allowances for dearness allowance, accommodation, travel and medical expenses, resulting in a total monthly salary of around ₹1,00,000.
Selection Process for SIDBI Recruitment 2024
SIDBI’s selection process for Assistant Manager (Grade ‘A’) involves three stages:
- Phase I – Online Screening Exam:
- This test includes sections like English Language, Reasoning Aptitude, Quantitative Aptitude, Computer Knowledge, General Awareness, MSME-related topics, and stream-specific questions.
- The exam is worth 200 marks and has a time limit of 120 minutes.
- Phase II – Main Exam:
- This includes both objective questions on topics related to MSME financing, finance, and management, as well as descriptive questions to test your English language skills and understanding of MSME regulations.
- This phase is scored out of 200 marks.
- Interview:
- Candidates who clear the Phase II exam will be called for an interview in February 2025. The interview is scored out of 100 marks, with 25% marks allocated for achievements in extracurricular activities and awards, if any.
The final merit list for SIDBI Recruitment 2024 will be based on scores from Phase II and the interview.
For more details regarding candidates’ selection norms and other details, please go through the official website or officially released advertisement (See Link/ PDF given below).
How to Apply for SIDBI Recruitment 2024
All applications for SIDBI Recruitment 2024 must be submitted online. Here’s how to apply:
- Visit the SIDBI Official Website: Go to www.sidbi.in and navigate to the “Careers” section.
- Register: Click on the recruitment notification for Grade ‘A’ Assistant Manager and complete the registration process by entering your details.
- Fill Out the Application: Complete the online application form carefully. You will need to enter your personal information, educational qualifications, and other relevant details.
- Upload Documents: Upload your recent photograph, signature, and any other documents as required by SIDBI.
- Pay the Application Fee: Complete the payment of the application fee online through net banking, credit/debit card, or other available payment options.
- Submit the Application: After reviewing your details, submit your application. Remember to download and save a copy of the completed form for future reference.
Application Fee:
SC/ST/PwBD Candidates: ₹175 (Intimation Charges only)
General/OBC/EWS Candidates: ₹1,100 (₹925 Application Fee + ₹175 Intimation Charges)
SIDBI Staff Candidates: No fee
For detailed instructions on how to apply Online, please go through the officially released advertisement (See the below-given link/ PDF file for more details).
Important Dates
Application Start Date: November 8, 2024
Application End Date: December 2, 2024
Phase I Exam Date: December 22, 2024 (tentative)
Phase II Exam Date: January 19, 2025 (tentative)
Interview Date: February 2025 (tentative)
Important Links for SIDBI Recruitment 2024
The above-given information is in brief. Before applying Online please go through the officially released Advertisement.
SIDBI – Official Website Link
SIDBI – Official Notification Link
FAQs about SIDBI Recruitment 2024
- Who can apply for SIDBI Recruitment 2024?
SIDBI Recruitment 2024 invites applications from graduates in specific streams like Commerce, Economics, and Engineering, as well as professionals like CS, CA, and CFA holders. Applicants must be between 30 years old. - How do I apply for SIDBI Recruitment 2024?
Applications must be submitted online on SIDBI’s official website, www.sidbi.in, by December 2, 2024. The entire process, including fee payment, is completed through their online portal. - When is the SIDBI Recruitment 2024 Phase I exam scheduled?
The tentative date for the Phase I online screening exam is December 22, 2024. - What is the selection process for the Assistant Manager post?
The selection process includes an online screening exam (Phase I), a main exam (Phase II), and an interview. Final selection will be based on Phase II and interview scores. - What is the monthly salary for SIDBI Grade ‘A’ Assistant Manager?
The approximate monthly salary is around ₹1,00,000, including allowances for housing, travel, and other benefits.