SIDBI Recruitment 2024: Officer Posts in Grade ‘A’ and ‘B’
SIDBI is one of the popular in banking sector in India. The Small Industries Development Bank of India (SIDBI) has announced an exciting opportunity for eligible candidates to join as Officers in Grade ‘A’ and ‘B’ (General and Specialist Stream). With its mission to support the MSME sector, SIDBI offers a rewarding career in the financial domain. Here are the key details about this recruitment.
1. Key Dates for SIDBI Recruitment 2024
Start Date for Online Applications: November 8, 2024
Last Date to Apply: December 2, 2024
Phase I Examination Date: December 22, 2024
Phase II Examination Date: January 19, 2025
Interview Date: February 2025
2. Total Vacancies of SIDBI Recruitment 2024
| Post | Street | Vacancies |
| Assistant Manager (Grade ‘A’) | General Stream | 50 |
| Manager (Grade ‘B’) | General Stream | 10 |
| Manager (Grade ‘B | Legal Streem | 6 |
| Manager (Grade ‘B’) | IT Specialist Stream | 6 |
*Note: Reservations are applicable for SC/ST/OBC/EWS categories as per Government norms.*
3. Eligibility Criteria for SIDBI Recruitment 2024
Educational Qualifications
Assistant Manager (Grade ‘A’):
Graduation or Post Graduation in relevant fields such as Commerce, Economics, Business Administration, or Engineering with a minimum of 60% marks (50% for SC/ST/PwBD).
Specialized qualifications such as CA, CS, CFA, or MBA are also eligible.
Manager (Grade ‘B’ General):
Graduation or Post Graduation with a minimum of 60% marks (50% for SC/ST/PwBD). Relevant work experience (5 years) in financial institutions is mandatory.
Manager (Grade ‘B’ Legal):
Bachelor’s Degree in Law with 50% marks (45% for SC/ST/PwBD). Preference for candidates with a Master’s Degree in Law or CS.
Manager (Grade ‘B’ IT):
Engineering/Technology degree in IT, Computer Science, or MCA with 60% marks (55% for SC/ST/PwBD). Five years of experience in IT fields like AI/ML, cybersecurity, or infrastructure management is required.
Age Limit
Assistant Manager (Grade ‘A’): 2130 years
Manager (Grade ‘B’): 2533 years
Age Relaxation:
SC/ST: +5 years
OBC: +3 years
PwBD: +10 years
4. Application Fee for SIDBI Recruitment 2024
General/OBC/EWS: ₹1100
SC/ST/PwBD: ₹175
5. Selection Process for SIDBI Recruitment 2024
Phase I (Screening Exam)
Objective type test: English, Reasoning, Quantitative Aptitude, Computer Knowledge, General Awareness, and MSME related topics.
Total: 200 marks in 120 minutes.
Phase II (Descriptive and Subjective Test)
Papers on MSME policies, regulatory framework, and specialization based questions.
Includes essay writing and comprehension.
Interview
Candidates shortlisted after Phase II will be called for an interview worth 100 marks.
6. Salary and Perks for SIDBI Recruitment 2024
| Post | Pay Scale | CTC |
| Assistant Manager | ₹44,500- ₹89,150 | ₹19- ₹21 lakh/year |
| Manager | ₹55,200- ₹99,750 | ₹23.5 -₹26 lakh/year |
Additional benefits include allowances for housing, medical, travel, and other facilities.
7. How to Apply for SIDBI Recruitment 2024
1. Visit SIDBI’s [official website](https://www.sidbi.in).
2. Complete the online registration.
3. Upload documents: photograph, signature, and certificates.
4. Pay the application fee.
5. Submit the application form before the deadline.
8. FAQs about SIDBI Recruitment 2024
1. What is the last date to apply?
December 2, 2024.
2. Can final year students apply?
Yes, provided they submit proof of graduation before the interview.
3. Is prior work experience mandatory?
Yes, for Manager positions in Grade ‘B’.
4. Will the examination be bilingual?
Yes, except for the English language test.
5. Is there negative marking?
Yes, 0.25 marks will be deducted for each wrong answer.
6. What is the mode of application?
Applications are accepted online only.
7. Can I apply for multiple posts?
No, candidates can apply for only one post.
8. What is the exam syllabus for IT posts?
Topics include programming, data structures, cybersecurity, and AI/ML.
9. Are there any age relaxations?
Yes, as per Government norms.
10. Where will the interview be held?
At SIDBI offices across major cities.
This recruitment is a golden opportunity for professionals seeking to advance their careers in banking and finance with a reputed institution like SIDBI. Apply now! Best of Luck from www.getgovjobs.com