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SIDBI Recruitment 2024: Apply Now for Grade A & B Officer Positions

SIDBI Grade A and B Officer Recruitment 2024, Salary Upto 1,00,000

 The Small Industries Development Bank of India (SIDBI) has announced its official notification recruitment drive for Grade A and Grade B Officers for the year 2024. This is a golden opportunity for candidates looking to join one of India’s leading institutions supporting the MSME (Micro, Small, and Medium Enterprises) sector. Applications are now open for these prestigious roles, with positions available across General, Legal, and IT streams. If you are interested for finance, development, and economic growth, this could be your ideal career move.


Key Highlights For SIDBI Official Notification Recruitment 2024

  • Organization - Small Industries Development Bank of India (SIDBI)
  • Positions Available - Grade ‘A’ (Assistant Manager) and Grade ‘B’ (Manager)
  • Total Vacancy -  72
  • Application Dates - 8th November 2024 to 2nd December 2024
  • Application Mode - Online

SIDBI Grade A and B Officer Recruitment 2024 Job Vacancy Details 

There are total 72 vacancies, and all the essential category-wise job vacancy details for SIDBI Grade A and B Recruitment 2024 are given below:

PostStreamTotal VacanciesURSCSTOBCEWS
Assistant ManagerGeneral502364143
ManagerGeneral1051-31
ManagerLegal631-2-
ManagerInformation Technology (IT)63-111

Salary and Benefits for SIDBI Grade A and B Officers

SIDBI offers an attractive salary package for Grade A and Grade B officers, including numerous benefits:
  • Grade ‘A’ (Assistant Manager): Approx. INR 1,00,000 per month.
  • Grade ‘B’ (Manager): Approx. INR 1,15,000 per month.
In addition to the base salary, selected candidates are eligible for benefits, including housing allowances, medical reimbursement, and loan facilities for housing and vehicles.

Eligibility Criteria for SIDBI Recruitment 2024

Candidate are advised to check the eligibility criteria before applying for the SIDBI Recruitment 2024 Grade A and B Position:

1. Assistant Manager (Grade A):

  • Education: Bachelor’s degree in Commerce, Economics, Engineering, or related fields with 60% marks (50% for SC/ST/PwBD).
  • Professional Qualifications: CA, CS, CMA, CFA.
  • Experience: Minimum of two years in relevant fields like MSME lending or corporate banking.
  • Age Limit: 21-30 years as of 8th November 2024.

2. Manager (Grade B):

  • General Stream: Graduation in any field with 60% marks (50% for SC/ST/PwBD).
  • Legal Stream: Bachelor’s in Law with a minimum of 50% marks.
  • IT Stream: Bachelor’s in Engineering or Technology in relevant IT fields.
  • Experience: Five years in fields like banking, financial institutions, or IT.
  • Age Limit: 25-33 years as of 8th November 2024.

Category-Wise Age Relaxation for SIDBI Recruitment 2024

To know the category-wise age relaxation for SIDBI Recruitment 2024, applicants must check the information in the given table.

CategoryAge Relaxation
Scheduled Caste (SC) / Scheduled Tribe (ST)5 years
Other Backward Classes (OBC – Non-Creamy Layer)3 years
Persons with Benchmark Disabilities (PwBD) (UR/EWS)10 years
Persons with Benchmark Disabilities (PwBD) (OBC)13 years
Persons with Benchmark Disabilities (PwBD) (SC/ST)15 years
Ex-Servicemen5 years
Persons affected by the 1984 riots5 years

Important Dates for SIDBI Recruitment 2024

There are given all key dates that are important to know the candidates for applying to the SIDBI Recruitment 2024 Grade A and B Position.

Important Dates
Notification Release Date8th November 2024
Start Date for Online Applications8th November 2024
Last Date for Online Applications2nd December 2024
Phase I Exam Date22nd December 2024
Phase II Exam Date19th January 2024
Interview (Tentative)February 2025

Application Fees for SIDBI Grade A and B Recruitment 2024

  • General/OBC/EWS: INR 1,100 (includes application fee and intimation charges).
  • SC/ST/PwBD: INR 175 (intimation charges only).
  • SIDBI Staff: No application fee (waived for SIDBI permanent employees).

Selection Process for SIDBI Recruitment 2024

  1. Phase I - Online Screening Exam: This initial online test includes sections on English, Reasoning, Quantitative Aptitude, Computer Knowledge, and MSME policies. Candidates must achieve the minimum cut-off scores in each section to qualify for the next phase.
  2. Phase II - Objective & Descriptive Exam: Covers specialized topics relevant to each stream and consists of both objective questions and descriptive questions to assess knowledge and writing skills.
  3. Phase III - Interview: Shortlisted candidates undergo an interview where psychometric assessments evaluate personality, problem-solving skills, and overall suitability.

SIDBI Recruitment 2024 Documents Required

  1. Recent Passport-Sized Photograph: Must meet specific size and format requirements (generally JPEG format, with a certain resolution).
  2. Signature: A scanned copy of your signature, which must meet specified size and quality requirements.
  3. Proof of Identity: Any government-issued ID such as Aadhaar Card, PAN Card, Passport, or Voter ID.
  4. Educational Certificates: Include all mark sheets and degree certificates for your graduation and post-graduation (if applicable), showing your eligibility for the post.
  5. Experience Certificates: Proof of relevant work experience as per the requirements for Grade A or B positions.
  6. Category Certificate: For candidates applying under SC/ST/OBC/PwBD/EWS categories, provide the latest certificate issued by a recognized authority.
  7. Disability Certificate: For PwBD candidates, a disability certificate issued by a medical board recognized by the government is mandatory.
  8. Proof of Date of Birth: A Birth Certificate or Class 10th Certificate (showing date of birth) as age proof.
  9. Income and Asset Certificate: Required for candidates applying under the Economically Weaker Section (EWS) category, obtained from a competent authority.

SIDBI Grade A and B Officer Recruitment 2024 Exam Pattern

The SIDBI Grade A and B officer recruitment 2024 exam pattern for both Phase I and Phase II. Each phase has its own structure, with sections on English, Reasoning, MSME policies, and stream-specific topics for comprehensive evaluation.

Phase I: Online Screening Examination

SectionType of TestNo. of QuestionsMax MarksDurationRemarks
English LanguageObjective3030120 minsBilingual except for English
Reasoning AptitudeObjective2525
Quantitative AptitudeObjective2525
Computer KnowledgeObjective2020
General Awareness (Banking/Financial Sector)Objective2020
MSMEs: Policy, Regulatory & Legal FrameworkObjective3030
Stream Specific Test (General, Legal, IT)Objective5050Subject-focused test
Total200200120 mins

Phase II: Objective & Descriptive Examination

PaperTestType of PaperNo. of QuestionsMax MarksDuration
Paper IEnglish Language (Essay, Precis, Comprehension)Descriptive (Typed)37575 mins
Paper IIMSMEs, Regulatory Framework & Stream-Specific TopicsObjective & Descriptive50 Objective + 4 Descriptive125135 mins

Exam Syllabus for SIDBI Grade A and B Officer Recruitment 2024

Check the detailed SIDBI Grade A and B Officer syllabus, covering essential topics like MSME policies, Legal requirements, and IT advancements. The syllabus outlines core subjects needed for General, Legal, and IT streams in SIDBI exams.

Phase I Syllabus (General for All Streams)

SectionTopics
English LanguageReading Comprehension, Grammar, Vocabulary, Sentence Completion, Error Detection
Reasoning AptitudeLogical Reasoning, Coding-Decoding, Puzzles, Data Sufficiency, Blood Relations
Quantitative AptitudeArithmetic, Data Interpretation, Algebra, Geometry, Percentage, Profit and Loss
Computer KnowledgeBasics of Computers, MS Office, Internet, Email, Keyboard Shortcuts, Networking
General AwarenessBanking, Financial Sector, Economic and Social Issues, Current Affairs
MSMEs: Policy, Regulatory FrameworkMSME Policies, Financial Ratios, NPA Recovery, IRAC Norms, Credit Assessment

Phase II Syllabus (Stream-Specific)

StreamTopics Covered
GeneralMSME Financing, Term Loan Assessment, NBFC Financing, Risk Management, Credit Risk Assessment
LegalConstitutional Law, Banking Law, Contract Act, SARFAESI Act, IBC 2013, Negotiable Instruments Act
Information TechnologyData Structures, Programming (C, C++, Java, Python), Cybersecurity, Networking, AI/ML, Database Management

How to Apply for SIDBI Recruitment 2024?

  1. Visit the Official Website: Go to www.sidbi.in and access the recruitment section or Click Here for direct apply.
  2. Register and Login: Complete the initial registration to create a login ID and password.
  3. Fill the Application Form: Provide personal, educational, and professional details as required.
  4. Upload Documents: Submit scanned copies of all required documents in the specified format and file size.
  5. Pay Application Fee: Complete the application by paying the required fee through online payment methods.
  6. Submit Application: Review all entered information and submit the form.
  7. Print Application: After submitting the application form, take a printout of the form for further reference.

SIDBI Grade A and B Recruitment 2024 Important Links 

Candidates can check all the important links for the SIDBI Grade A and B Recruitment 2024 in the given below table:
Important Links
Apply OnlineClick Here
Official NotificationClick Here
Join Government Job Updates ChannelWhatsApp | Telegram
Official WebsiteSIDBI Official Website

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