SIDBI Grade A and Grade B Recruitment 2024: Small Industries Development Bank of India (SIDBI) invites applications from eligible candidates for the positions of Officers in Grade ‘A’ and Grade ‘B’ for both General and Specialist Streams. This is an excellent opportunity for candidates seeking a challenging career in the banking sector.
SIDBI Grade A and Grade B Recruitment 2024 Key Details
| SIDBI Grade A and Grade B Recruitment 2024 WWW.SARKARIJOBLIST.COM | |
| Event | Date |
|---|---|
| Opening of Online Registration & Fee Payment | November 8, 2024 |
| Closing of Online Registration & Fee Payment | December 2, 2024 |
| Eligibility Cut-off Date (Age) | November 8, 2024 |
| Eligibility Cut-off Date (Education/Experience) | December 2, 2024 |
| Date of Online Exam (Phase I) | December 22, 2024 |
| Tentative Date of Online Exam (Phase II) | January 19, 2025 |
| Tentative Interview Schedule | February 2025 |
SIDBI Grade A and Grade B Recruitment 2024 Vacancy Details
1. Assistant Manager Grade ‘A’ – General Stream
| SIDBI Grade A Recruitment 2024 WWW.SARKARIJOBLIST.COM | |||||
|---|---|---|---|---|---|
| Post | Pay Scale | Minimum Gross Emoluments (₹) | Total Vacancies | Reserved Vacancies | Reserved for PwBD |
| Assistant Manager | ₹44,500 – ₹89,150 (17 years) | ₹1,00,000 (approx.) | 50 | SC: 6, ST: 4, OBC: 14, EWS: 3, General: 23 | – VI: 1 – HI: 2 |
2. Manager Grade ‘B’ – General Stream
| SIDBI Grade B Recruitment 2024 WWW.SARKARIJOBLIST.COM | |||||
|---|---|---|---|---|---|
| Post | Pay Scale | Minimum Gross Emoluments (₹) | Total Vacancies | Reserved Vacancies | Reserved for PwBD |
| General | ₹55,200 – ₹99,750 (16 years) | ₹1,15,000 (approx.) | 10 | SC: 1, ST: 3, OBC: 1, EWS: 5 | VI: 1 |
| Legal | ₹55,200 – ₹99,750 (16 years) | ₹1,15,000 (approx.) | 6 | SC: 1, ST: 2, OBC: 3 | – |
| Information Technology (IT) | ₹55,200 – ₹99,750 (16 years) | ₹1,15,000 (approx.) | 6 | SC: 1, ST: 1, OBC: 1, EWS: 3 | OC: 1 |
3. Total Summary
| SIDBI Grade A and Grade B Recruitment 2024 Vacancy WWW.SARKARIJOBLIST.COM | |||
|---|---|---|---|
| Stream | Total Vacancies | Reserved Vacancies | Reserved for PwBD |
| Assistant Manager | 50 | SC: 6, ST: 4, OBC: 14, EWS: 3, General: 23 | VI: 1, HI: 2 |
| Manager General | 10 | SC: 1, ST: 3, OBC: 1, EWS: 5 | VI: 1 |
| Manager Legal | 6 | SC: 1, ST: 2, OBC: 3 | – |
| Manager IT | 6 | SC: 1, ST: 1, OBC: 1, EWS: 3 | OC: 1 |
Additional Notes:
- Backlog Vacancies: There is 1 backlog vacancy for HI and MD/ID under the General and Manager positions.
- PwBD Sub-categories: If no suitable candidate is found from MD/ID, the vacancy will be filled by a candidate from other PwBD sub-categories.
Service Conditions and Career Prospects in SIDBI
The Small Industries Development Bank of India (SIDBI) offers competitive service conditions, career prospects, and benefits for its officers. Below are the detailed terms and conditions for candidates selected as Officers in Grade ‘A’ and ‘B’:
1. Compensation and Benefits
| SIDBI Recruitment 2024 Compensation WWW.SARKARIJOBLIST.COM | |
|---|---|
| Aspect | Details |
| Gross Emoluments | Includes Dearness Allowance, Grade Allowance, Special Allowance, Local Compensatory Allowance, etc. |
| Defined Contribution Pension Scheme | Governed by the New Pension Scheme (NPS) or any other scheme as notified by the Government of India. |
| Additional Facilities | Gratuity, Leave Fare Concession (once every two years for self, spouse, and eligible dependents), reimbursement of medical expenses, vehicle maintenance/allowance, lounge expenses, telephone expenses, newspaper subscription, book grant, education allowance, residence furnishing allowance, festival advance (up to one month’s gross emoluments), and concessional loans for car, housing, travel, personal computer/tablets. |
| CTC Range | – Grade ‘A’: ₹19 lakh to ₹21 lakh per annum (depending on the place of posting). – Grade ‘B’: ₹23.5 lakh to ₹26 lakh per annum (depending on the place of posting). |
2. Incremental Benefits
| SIDBI Grade A and Grade B Recruitment 2024 WWW.SARKARIJOBLIST.COM | |
|---|---|
| Criteria | Details |
| JAIIB/CAIIB Qualification | Candidates qualifying JAIIB/CAIIB before joining SIDBI may be eligible for one/two advance increments in the pay scale. Documentary evidence is required. |
| Special Experience or Academic Qualification | Up to 4 advance increments (including JAIIB/CAIIB increments) may be granted for exceptional academic qualifications or valuable experience. Decisions are case-specific and finalized after joining. |
3. Probation and Posting
| SIDBI Grade A and Grade B Recruitment 2024 WWW.SARKARIJOBLIST.COM | |
|---|---|
| Aspect | Details |
| Probation Period | Initial probation period of 2 years, extendable up to 4 years at SIDBI’s discretion. |
| Posting/Transfer | Selected candidates can be posted or transferred to any office, vertical, associate, or subsidiary of SIDBI across India. Terms are decided by SIDBI. |
4. Skill Upgradation
SIDBI emphasizes continuous skill development to ensure officers stay updated with industry trends, fostering career growth and organizational excellence.
5. Career Progression
Officers in Grade ‘D’ and higher grades will follow a single General Stream, or as decided by the Bank. Career advancement is structured to provide growth opportunities based on performance and organizational needs.
SIDBI Grade A and Grade B Recruitment 2024 Age Limit
| Category | Age Limit | Born Between Dates (Both Inclusive) |
|---|---|---|
| Officers in Grade ‘A’ | 21 – 30 years | 08.11.1994 to 09.11.2003 |
| Officers in Grade ‘B’ | 25 – 33 years | 08.11.1991 to 09.11.1999 |
Relaxation in Upper Age Limit
| SIDBI Grade A and Grade B Recruitment 2024 Age Limit WWW.SARKARIJOBLIST.COM | |
| Category | Age Relaxation |
|---|---|
| Scheduled Caste (SC) / Scheduled Tribe (ST) | 5 years |
| Other Backward Classes (Non-creamy layer) (OBC) | 3 years |
| Persons with Benchmark Disabilities (PwBD): | |
| – Unreserved / EWS | 10 years |
| – PwBD OBC (cumulative with OBC relaxation) | 13 years |
| – PwBD SC/ST (cumulative with SC/ST relaxation) | 15 years |
| Ex-servicemen (including ECOs/SSCOs) as per Central Civil Services rules | 5 years |
| Persons affected by 1984 riots | 5 years |
Key Notes:
- Age limits and relaxation will be calculated as of November 08, 2024.
- Candidates must meet the age criteria including relaxation, if applicable, to be eligible for the respective positions.
To Check Your Age Eligibility: Click Here
Educational Qualifications and Experience for SIDBI Recruitment 2024
| SIDBI Recruitment 2024 Educational Criteria WWW.SARKARIJOBLIST.COM | ||||
|---|---|---|---|---|
| Name of Post | Stream | Age Limit | Educational Qualifications | Experience Required |
| Assistant Manager Grade ‘A’ | General | 30 Years | (i) Graduation in Commerce/Economics/Mathematics/Statistics/Business Administration/Engineering with min 60% marks (50% for SC/ST/PwBD applicants). (ii) CS / CMA/ CFA / CA. (iii) MBA/PGDM (Full-time 2 years). | At least 2 years’ experience in credit dispensation related to MSME/Corporate lending, excluding personal/vehicle/housing loans. |
| Manager Grade ‘B’ | General | 33 Years | (i) Graduation in any discipline with min 60% marks (50% for SC/ST/PwBD applicants). (ii) Post-Graduation with min 55% marks (pass marks for SC/ST/PwBD applicants). | At least 5 years’ experience as an officer in RBI/SEBI/All-India Financial Institutions/NBFCs/Scheduled Commercial Banks. |
| Manager Grade ‘B’ | Legal | 33 Years | Bachelor’s degree in law with min 50% marks (45% for SC/ST/PwBD candidates). Desirable: Master’s Degree in Law/CS qualification preferred. | At least 5 years’ experience in Legal Department of RBI/SEBI/All-India Financial Institutions/CPSEs/Scheduled Commercial Banks or NBFCs. |
| Manager Grade ‘B’ | Information Technology (IT) | 33 Years | Bachelor’s degree in Engineering/Technology in Computer Science/IT/Electronics & Communication with 60% marks (55% for SC/ST/PwBD). OR MCA with 60% marks (55% for SC/ST/PwBD). Desirable: Certifications in AI/ML, Full-Stack Development, or IT Security. | At least 5 years’ experience in IT as an IT/System officer in All-India Financial Institutions/Scheduled Commercial Banks/Listed Companies/NBFCs. |
Notes:
- Desirable Qualifications: Candidates with professional certifications like AI/ML, CISSP, CISM, or relevant technical credentials are preferred in IT roles.
- Work Experience: Only permanent or full-time direct contractual roles will be considered, excluding outsourced positions.
Additional Information:
- The educational qualifications and experience must be valid as of the cut-off date.
- Candidates need to provide documentary evidence of qualifications and work experience during the selection process.
Selection Procedure for SIDBI Grade ‘A’ and ‘B’ Officers Recruitment 2024
The selection process for SIDBI recruitment consists of three phases:
- Phase I: Online Screening Exam
- Phase II: Online Exam
- Phase III: Personal Interview
Phase I: Online Screening Exam Pattern
| SIDBI Recruitment 2024 Exam Pattern Phase I WWW.SARKARIJOBLIST.COM | |||||
|---|---|---|---|---|---|
| Name of the Test | Type of Test | No. of Questions | Maximum Marks | Time (Minutes) | Remarks |
| English Language | Objective | 30 | 30 | 120 | Bilingual: Hindi & English (except for English language test). |
| Reasoning Aptitude | Objective | 25 | 25 | ||
| Quantitative Aptitude | Objective | 25 | 25 | ||
| Computer Knowledge | Objective | 20 | 20 | ||
| General Awareness (with focus on Banking & Finance) | Objective | 20 | 20 | ||
| MSMEs: Policy, Regulatory & Legal Framework, Finance, Mgmt. | Objective | 30 | 30 | ||
| Stream-Specific Test | Objective | 50 | 50 | Covers domain-specific knowledge like MSME Financing, IT, and Legal as per stream. | |
| Total | – | 200 | 200 | 120 Minutes | – |
Phase II: Online Exam Pattern
For Assistant Manager Grade ‘A’ and Manager Grade ‘B’ (General Stream)
| SIDBI Recruitment 2024 Exam Pattern Phase II WWW.SARKARIJOBLIST.COM | ||||||
|---|---|---|---|---|---|---|
| Paper | Name of Test | Type of Paper | No. of Questions | Maximum Marks | Time (Minutes) | Remarks |
| Paper I | English Language (Essay, Précis writing, Comprehension, Business/Office Correspondence) | Online Descriptive (keyboard typing) | 3 | 75 | 75 | Assesses writing skills, including expressions and topic understanding. |
| Paper II | MSMEs: Policy, Regulatory & Legal Framework, Finance, Management, MSME financing, NPA recovery, Credit risk assessment | Objective + Descriptive | 50 (Objective) + 4 (Descriptive) | 75 (Objective) + 50 (Descriptive) | 135 Minutes | Descriptive answers typed in English or Hindi (Remington/ Inscript). |
For Manager Grade ‘B’ (Legal)
| SIDBI Recruitment 2024 Grade B Phase (Legal) WWW.SARKARIJOBLIST.COM | ||||||
|---|---|---|---|---|---|---|
| Paper | Name of Test | Type of Paper | No. of Questions | Maximum Marks | Time (Minutes) | Remarks |
| Paper I | English Language (Essay, Précis writing, Comprehension, Business/Office Correspondence) | Online Descriptive (keyboard typing) | 3 | 75 | 75 | Assesses writing skills, including expressions and topic understanding. |
| Paper II | General Knowledge of Law: Constitutional Law, Administrative Law, Contracts, IBC 2013, SARFAESI, Legal Drafting, RTI Act, 2005, etc. | Objective + Descriptive | 50 (Objective) + 4 (Descriptive) | 75 (Objective) + 50 (Descriptive) | 135 Minutes | Descriptive answers typed in English or Hindi (Remington/ Inscript). |
For Manager Grade ‘B’ (IT)
| SIDBI Recruitment 2024 Grade B Phase (IT) WWW.SARKARIJOBLIST.COM | ||||||
|---|---|---|---|---|---|---|
| Paper | Name of Test | Type of Paper | No. of Questions | Maximum Marks | Time (Minutes) | Remarks |
| Paper I | English Language (Essay, Précis writing, Comprehension, Business/Office Correspondence) | Online Descriptive (keyboard typing) | 3 | 75 | 75 | Assesses writing skills, including expressions and topic understanding. |
| Paper II | IT (Software, Programming in C/C++, Java, DBMS, IoT, Networking, Operating Systems, AI/ML) | Objective + Descriptive | 50 (Objective) + 4 (Descriptive) | 75 (Objective) + 50 (Descriptive) | 135 Minutes | Domain-specific knowledge and technical expertise. |
Phase III: Personal Interview
- Marks: 100
- Includes 25% weightage for extracurricular achievements like awards, recognition, and service-related distinctions (with documentary evidence).
- Psychometric Test: Conducted before the interview to evaluate communication, problem-solving, efficiency, and suitability for the role.
Key Notes:
- Qualifying Sections: English Language, Reasoning, Quantitative Aptitude, and Computer Knowledge (Phase I).
- Merit Sections: General Awareness, MSME Policy & Legal Framework, Stream-Specific Tests.
- Final Selection: Based on cumulative scores from Phase II and Interview.
Application Fee and Intimation Charges for SIDBI Recruitment 2024
| SIDBI Recruitment 2024 Application Fee WWW.SARKARIJOBLIST.COM | |||
|---|---|---|---|
| Category of Candidate | Application Fee (in ₹) | Intimation Charges (in ₹) | Total Charges (in ₹) |
| SC/ST/PwBD | Nil | ₹175/- | ₹175/- |
| Others (including OBCs/EWS & General) | ₹925/- | ₹175/- | ₹1100/- |
| Staff Candidates | Nil | Nil | Nil |
Notes:
- The application fee and intimation charges are non-refundable.
- SC/ST/PwBD candidates are exempted from the application fee but are required to pay the intimation charges.
- Staff candidates are exempted from both application and intimation charges.
| Download Admit Card Phase I | Grade A Click Here |
| Grade B Click Here | |
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