SIDBI Recruitment 2024: Officers in Grade ‘A’ and Grade ‘B

SIDBI Recruitment 2024—The Small Industries Development Bank of India (SIDBI) has released the job notification for Assistant Manager – Grade ‘A’/Manager – Grade ‘B posts. There are 76 openings for this position. Candidates with Any degree/PG degree/B.E/B.Tech/B.Com/B.Sc/BBA/MCA/LLB/LLM/CMA/ICWA/MBA/PGDM qualification are eligible to apply for this post. Interested and eligible candidates can apply for SIDBI Jobs on or before 02 December 2024. The detailed eligibility and application process are given below. Interested candidates can also try Bank of Baroda Recruitment.

SIDBI Recruitment 2024 – Overview:

Job Role	Assistant Manager/Manager
Job Category	Bank Jobs
Qualification	Any degree/PG degree/B.E/B.Tech/MCA/LLB/LLM/CMA/ICWA/MBA/PGDM
Experience	2 – 5 Years
No.of Vacancies	72 Posts
Salary/CTC	Rs. 1,00,000 – 1,15,000/-
Job Location	Across India
Application Last Date	02 December 2024

Detailed Eligibility – SIDBI Jobs:

Educational Qualification:

Assistant Manager Grade ‘A’: 

General Stream: 

• 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 [in Any Discipline (the course must be full-time time 2 years)] / from a University/ Institution recognized by the University Grant Commission (UGC) / Govt. of India/approved by Govt. regulatory bodies
• Experience: At least two years experience in credit dispensation in the areas of MSME/Corporate and lending to trading and small commercial loans etc.(experience pertaining to personal loans, educational loans, Vehicle Loan, Housing Loan, etc. would not be considered) as an officer (permanent)

Manager Grade ‘B:

General Stream: 

• 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
• Experience: At least Five years experience as an officer (permanent)

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.
• Desirable: (a) The candidates who possess a Master’s Degree in Law / Company Secretary (CS) Qualified will be preferred. (b) Proficiency in computer applications.
• Experience: 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

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.
• Desirable: The candidates who possess the following relevant industry certifications will be preferred: AI / ML / Data Science OR
• Full Stack Application Development OR
• Certifications CISSP, CISM, CEH, or equivalent OR
• ITIL Foundation Certified in IT Service Management
• Experience: At least Five years experience in Information Technology as an IT/ System officer [permanent / on full-time direct contract (not
  outsourced)

Note: The selected candidates would be on probation for a period of 2 years which is extendable up to maximum 4 years at the discretion of SIDBI

Age Limit (As on 08 November 2024):

• For officers in Grade ‘A: 21 – 30 Years, (Candidates born not earlier than 08.11.1994 and not later than 09.11.2003 [both days including]
• For officers in Grade ‘B’: 25 – 33 Years (Candidates born not earlier than 08.11.1991 and not later than 09.11.1999 [both days including]

Age Relaxation: 

• Scheduled Caste/Scheduled Tribe 5 years
• Other Backward Classes (Non- creamy layer) 3 years
• PwBD [Unreserved/EWS]
• Persons With Benchmark Disability as defined under “The Rights of Persons with Disabilities Act, 2016”. 10 years
• PwBD [OBC candidates] [cumulative with OBC relaxation] 13 years
• PwBD [SC / ST candidates] [cumulative with SC/ST relaxation] 15 years
• Ex-servicemen 5 Years
• Persons affected by 1984 riots 5 Years

Salary – SIDBI Vacancy 2024: 

• Assistant Manager Grade ‘A’: Rs.1,00,000/-
• Manager Grade ‘B: Rs.1,15,000/-

SIDBI Bank Vacancy 2024: 72 Posts

• Assistant Manager Grade ‘A’:
  • General Stream: 50 Posts
• Manager Grade ‘B: 22 Posts
  • General Stream: 10 Posts
  • Legal: 06 Posts
  • IT: 06 Posts

Selection Process of SIDBI Jobs:

• The selection procedure would include a three-stage process i.e.
• Phase I (online screening examination consisting of one paper comprising seven (7) sections of a total of 200 marks),
• Phase II (online examination consisting of two papers of a total of 200 marks) and
• Phase III [Interview of 100 marks, which shall include 25% marks for notable achievement in extracurricular activities (District/ State/ National Level), awards/ recognition in service etc.
• The Bank shall conduct an online Psychometric Test or any other suitable test through a third-party agency to assess the personality, level of communication, clarity & problem-solving innovativeness, level of efficiency, willingness to work in any part of the country, suitability for the post, etc. of the shortlisted candidates after the Phase II exam.
• The final selection and ranking of the applicants for the post of Assistant Manager in Grade ‘A’ (General Stream) and Manager in Grade ‘B’ (General & Specialist Stream) will be based on their performance in the Phase-II Examination and Interview.

Phase-I exam (For All Stream/ Grades):

The pattern of written examination and syllabus will be as follows:

Name of the Test	No. of Questions	Maximum Marks
English Language	30	30
Reasoning Aptitude	25	25
Quantitative Aptitude	25	25
Computer Knowledge	20	20
General Awareness	20	20
MSMEs: Policy, Regulatory and Legal Framework; Finance and Management (with a focus on MSME)	30	30
Stream Specific Test	50	50
Total	200	200

• Duration: 200 questions
• Bilingual i.e., Hindi and English (except test of English language).

Phase-II exam:

Assistant Manager Grade ‘A’ and Manager Grade ‘B’ (General Stream)

Paper	Name of the Test	Type of Paper	No. of Questions	Maximum Marks	Time
Paper -I	English Language	Online Descriptive	3	75	75 minutes
Paper II	MSMEs	Online Objective	50	75	60 minutes
		Online Descriptive	10	50	75 minutes

Manager Grade ‘B’ (Legal):

Paper	Name of the Test	Type of Paper	No. of Questions	Maximum Marks	Time
Paper -I	English Language	Online Descriptive	3	75	75 minutes
Paper II	General Knowledge of Law	Online Objective	50	75	60 minutes
		Online Descriptive	06	50	75 minutes

Manager Grade ‘B’ (IT):

Paper	Name of the Test	Type of Paper	No. of Questions	Maximum Marks	Time
Paper -I	English Language	Online Descriptive	3	75	75 minutes
Paper II	IT topics	Online Objective	50	75	60 minutes
		Online Descriptive	10	50	75 minutes

Application Fees:

• SC/ST/PwBD: Rs. 175/- (Intimation Charges Only)
• Others (including OBCs/EWS and General Candidates: 1100/-  (Rs. 925 Application Fee- Rs. 175 Intimation Charges Only )
• Staff Candidates- Nil

Payment Mode:

• The payment can be made by using Debit Cards (RuPay / Visa / Master Card / Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets by providing information as asked on the screen

How to Apply for SIDBI Recruitment 2024?

All interested and eligible candidates can apply online on or before 02 December 2024.

For More Details: Click here.

To Apply: Click here.

• Opening of Online Registration Gateway/payment of fees November 08, 2024
• Closing of On-line Registration Gateway /payment of fees December 02, 2024
• Cut- off date for determining Eligibility Criteria with regard to age November 08, 2024
• Cut-off date for determining Eligibility Criteria with regard to educational qualification / Post 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