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SIDBI has been set up under an Act of Parliament to promote, finance and develop the Ministry of Micro, Small and Medium Enterprises (MSME) sector in India. Small Industries Development Bank of India is releasing vacancies and recruitment updates for Grade- A and B (General and Specialist Stream) employees conducting Phase 1, Phase 2, and interview for selection who will be shortlisted to fill 72 vacancies. Interested candidates having necessary eligible qualifications should submit their online application form on the official website https://www.sidbi.in/ with registration dates also announced time release of official report. Applications are being accepted while the link is up and running on November 8, 2024.
SIDBI Grade A & B Recruitment 2024
The Small Industries Development Bank of India (SIDBI) will be hiring qualified candidates for the positions of Assistant Manager and Manager through the SIDBI Recruitment 2024. Check the key highlights in the table below.
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SIDBI Recruitment 2024
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Organisation
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Small Industries Development Bank of India
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Post Name
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Assistant Manager (Grade-A) and Manager (Grade-B)
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Stream
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General and Specialist Stream
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Vacancy
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72
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Category
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Govt. Jobs
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Application Mode
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Online
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Online Registration
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8th November to 2nd December 2024
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Exam Level
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National
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Selection Process
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Phase 1 Examination
Phase 2 Examination
Group Discussion and Interview
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SIDBI Salary
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Grade A- Rs. 1,00,000/-
Grade B- Rs. 1,15,000/-
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Official website
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sidbi.in
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SIDBI Grade A, B Notification 2024 PDF
1: What does the acronym "ATM" stand for in banking?
The official SIDBI Recruitment 2024 notification PDF for the posts of Assistant Manager (Grade A) and Manager (Category B) has been released on 8th November 2024 on the official website https://www.sidbi.in/. A direct link to download the SIDBI Notification PDF will also be provided below. Meanwhile, interested candidates can read all the details of SIDBI Assistant Manager and Manager Recruitment 2024 by clicking on the below link.
SIDBI Grade A 2024 Important Dates
SIDBI Phase 1 and Phase 2 Exam Date 2024 and other important dates have been released along with SIDBI Grade A & B Notification 2024 on 8th November 2024. Online registration is scheduled from 8th November to 2nd December 2024. The phase 1 exam will be conducted on 22nd December 2024 and phase 2 on 19th January 2025. the over agenda relevant to sidbi enlisting 2024 has been updated inch the board below,
| SIDBI Grade A Recruitment 2024- Important Dates | |
| Events | Dates |
| SIDBI Grade A Notification 2024 Release | 8th November 2024 |
| SIDBI Grade A Online Application Begins | 8th November 2024 |
| Last date to apply online for SIDBI Grade A | 2nd December 2024 |
| Last date to pay the application fee | 2nd December 2024 |
| Last date to print the application form | — |
| SIDBI Grade A Exam Date 2024 Phase 1 | 22nd December 2024 |
| SIDBI Grade A Exam Date 2024 Phase 2 | 19th January 2025 |
SIDBI Vacancy 2024
Through this recruitment drive, a total of 72 vacancies will be filled. Of these, 50 vacancies have been announced for Grade A posts and 22 for Grade B.
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Category
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Grade A Vacancies
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Grade B Vacancies
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UR
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23
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11
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SC
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6
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3
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ST
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4
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–
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OBC
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14
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6
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EWS
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3
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2
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Total
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50
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22
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SIDBI Recruitment 2024 Online Form
Link to Apply Online for SIDBI Recruitment 2024 for Grade A and Grade B Posts
Steps to Apply Online for SIDBI Recruitment 2024
- Visit the official SIDBI website at sidbi.in.
- Click on the “Apply Online” link for SIDBI Recruitment 2024.
- Register by entering your personal details.
- Log in to your account.
- Fill out the application form with the required information.
- Upload your documents in the specified format and size.
- Pay the application fee and submit your application.
- Download and save your application for future reference.
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SIDBI Recruitment 2024 Application Fee
The candidates have to pay a requisite application fee while filling out their SIDBI Grade A and Grade B Application Form as per their category. The fees once paid will not be refunded.
| Category | Application Fee | Intimation Charges | Total Charges |
| Gen/ OBC/ EWS | Rs. 925/- | Rs. 175/- | Rs. 1100/- |
| SC/ST/ PwD | Nil | Rs. 175/- | Rs. 175/- |
| Staff Candidates | Nil | Nil | Nil |
SIDBI Grade A 2024 Eligibility Criteria
The applicant must fulfil the required SIDBI Eligibility criteria to be eligible to appear for SIDBI Grade-A and B 2024. Check education qualification and age limit required for SIDBI Grade A Recruitment 2024.
SIDBI Grade A Education Qualification (as on 8/11/2024)
The candidates must hold any of the below-mentioned degrees to be eligible to apply for SIDBI Grade A Recruitment 2024-
- Graduation in Commerce/ Economics/ Mathematics / Statistics/ Business Administration/ Engineering with minimum 60% marks (50% for SC/ST/PwBD applicants)
- Chartered Accountant (CA)/ Company Secretary (CS) / Certified Management Accountant (CMA/ ICWA)/ Chartered Financial Analyst (CFA)
- Bachelor’s degree in Law / Bachelor’s Degree in Engineering with a minimum of 60% marks (SC / ST / PwBD applicants – 55%) in aggregate from Universities / Institutions recognized by GoI / UGC / AICTE.
- MBA/ PGDM [in Any Discipline (the course must be of full time 2 years)] / from a University/ Institution recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies.
SIDBI Grade A Work Experience
At least two years’ experience in credit dispensation in the areas of MSME/Corporate and lending to trading and small commercial loans etc.
OR
Candidates having atleast 2 years’ experience (core functioning) in (any one):
- Entities dealing in Investment Banking / Merchant Banking registered with SEBI
- Entities dealing in Alternative Investment Funds (AIFs) registered with SEBI
- Asset Reconstruction Companies (ARCs) registered with RBI
- Subsidiary of Scheduled Commercial Banks dealing in MSME segment
- Project management (viz. administration and implementation of projects/ Schemes of national importance) with consultancy firms of national stature having experience of consulting & project management in similar line for more than 10 years and should have specific experience of consulting/ Project management Government project implementation / Govt. Project management / Digital project related to lending / Consultancy for Govt. Projects.
SIDBI Grade B Education Qualification & Work Experience (as on 8/11/2024)
| Streams | Education Qualification | Work Experience |
| General | 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 of all semesters / years. |
At least Five years’ experience as an officer (permanent) in (any one):
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| Legal | Bachelor’s degree in law from any University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with a minimum of 50% (45% for SC/ST and PwBD candidates, if vacancies are reserved for them) marks or equivalent in the aggregate of all semesters/years and enrolled as an advocate with the Bar Council of India. | At least Five years’ work experience, post bachelor’s degree in law, as a Law Officer [permanent / on full time direct contract (not outsourced)] in the Legal Department of (any one):
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| IT | Bachelor’s degree in engineering / technology in Computer Science/ Computer Technology/ Information Technology/ Electronics/ Electronics & Communications from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with 60% marks (SC/ST/PWBD applicants 55%) in aggregate. OR MCA from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with 60% marks (SC/ST/PWBD applicants 55%) in aggregate |
At least Five years’ experience in Information Technology as an IT/ System officer [permanent / on full time direct contract (not outsourced)] in:
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SIDBI Age Limit (as on 8/11/2024)
SIDBI Grade A Age Limit- Not below 21 years and not exceeding 30 years. (Candidates born not earlier than 08.11.1994 and not later than 09.11.2003 [both days including] are only eligible to apply)
SIDBI Grade B Age Limt- Not below 25 years and not exceeding 33 years. (Candidates born not earlier than 08.11.1991 and not later than 09.11.1999 [both days including] are only eligible to apply)
Age relaxation is provided for the reserved categories as per the government norms. See the table below:-
| Category | Age Relaxation |
| SC/ST | 5 years |
| Other Backward Classes(OBC), Non-Creamy layer (OBC-NCL) | 3 years |
| PWD (person with disabilities)(General) | 10 years |
| PWD (person with disabilities) (SC/ST) | 15 years |
| PWD (person with disabilities) (OBC) | 13 years |
| Ex-Service-men/ Disabled Ex-Service-men | 5 years |
| Persons affected by 1984 riots | 5 years |
SIDBI Recruitment 2024 Selection Process
A candidate will be qualified for the SIDBI Grade A Assistant Manager and Grade B Manager posts if he/she does well in the selection phases of the SIDBI Exam 2024. A three-stage recruitment process will be carried out in order to select candidates for 72 Grade A and B posts.
- Stage 1- Phase 1 Examination (Common for All Streams/Grades)
- Stage 2- Phase 2 Examination (Different for General and Specialist Stream)
- Stage 3- Interview
Appointment would be made on the basis of merit in the combined competitive examination and interview for Assistant Manager Grade ‘A’ General Stream and Manager Grade ‘B’ General & Specialist Stream in order of ranking of candidates obtained after Phase-II Examination and Interview.
SIDBI Recruitment 2024 Exam Pattern
The phase 1 exam for SIDBI Recruitment 2024 is common for all streams and posts, however, the question varies in Stream Specific Tests. There will be a negative marking of ¼th mark (0.25 marks) for each incorrect answer.
| SIDBI Phase 1 Exam Pattern 2024 | ||||
| Subjects | Qualifying/Merit | No. of Questions | Marks | Duration |
| English Language | Qualifying | 30 | 30 | 120 minutes |
| Reasoning Aptitude | Qualifying | 25 | 25 | |
| Quantitative Aptitude | Qualifying | 25 | 25 | |
| Computer Knowledge | Qualifying | 20 | 20 | |
| General Awareness (With special reference to Banking and Financial Sector and Economic and Social Issues) |
Merit Section | 20 | 20 | |
| MSMEs: Policy, Regulatory and Legal Framework; Finance and Management (with focus on MSME) | Merit Section | 30 | 30 | |
| Stream Specific Test | Merit Section | 50 | 50 | |
| Grand Total | 200 | 200 | ||
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