The Small Industries Development Bank of India (SIDBI) has released its 2024 recruitment notification for Grade A (Assistant Manager) and Grade B (Manager) positions. A total of 72 vacancies are available across various streams, and candidates can now apply online.
About SIDBI
SIDBI is a government institution set up under an Act of Parliament to support and develop the Micro, Small, and Medium Enterprises (MSME) sector in India. The bank plays a crucial role in financing and promoting MSMEs, contributing to economic growth.
Key Details of SIDBI Recruitment 2024
| Organization | Small Industries Development Bank of India (SIDBI) |
|---|---|
| Post Name | Assistant Manager (Grade A) & Manager (Grade B) |
| Total Vacancies | 72 (50 for Grade A, 22 for Grade B) |
| Application Mode | Online |
| Online Registration | 8th November – 2nd December 2024 |
| Selection Process | Phase 1 Exam, Phase 2 Exam, Group Discussion & Interview |
| Official Website | sidbi.in |
Important Dates
| Event | Date |
|---|---|
| Notification Release | 8th November 2024 |
| Online Application Start | 8th November 2024 |
| Last Date to Apply | 2nd December 2024 |
| Phase 1 Exam | 22nd December 2024 |
| Phase 2 Exam | 19th January 2025 |
Vacancy Details
Grade A – Assistant Manager (General Stream)
| Category | Vacancies |
|---|---|
| UR | 23 |
| SC | 06 |
| ST | 04 |
| OBC | 14 |
| EWS | 03 |
| Total | 50 |
Grade B – Manager (General & Specialist Stream)
| Category | Vacancies |
|---|---|
| UR | 10 |
| SC | 03 |
| ST | 02 |
| OBC | 05 |
| EWS | 02 |
| Total | 22 |
Eligibility Criteria
1. Education Qualification
For Grade A (Assistant Manager):
- Graduation in Commerce, Economics, Mathematics, Statistics, Business Administration, or Engineering with 60% marks (50% for SC/ST/PwBD).
- Professional qualifications like CA, CS, CFA, CMA or MBA/PGDM are also accepted.
For Grade B (Manager):
- Graduation in any discipline with 60% marks (50% for SC/ST/PwBD).
- Post-graduation or equivalent qualifications are preferred.
- Work Experience: Minimum 5 years in relevant sectors like RBI, SEBI, Commercial Banks, NBFCs, etc.
2. Age Limit
| Post | Minimum Age | Maximum Age |
|---|---|---|
| Grade A | 21 years | 30 years |
| Grade B | 25 years | 33 years |
Age Relaxation:
- SC/ST: 5 years
- OBC (Non-Creamy Layer): 3 years
- PwBD: 10-15 years (depending on category)
Application Fee
| Category | Application Fee | Intimation Charges | Total |
|---|---|---|---|
| General/OBC/EWS | Rs. 925 | Rs. 175 | Rs. 1100 |
| SC/ST/PwBD | Nil | Rs. 175 | Rs. 175 |
| Staff Candidates | Nil | Nil | Nil |
How to Apply Online for SIDBI Recruitment 2024
- Visit the official SIDBI Website
- Navigate to the “Careers” section and select “Application for Assistant Manager ‘Grade-A’ in General Stream”.
- Click on “Apply Online” and register by providing your details.
- Log in using your Registration Number and Password.
- Fill out the application form with accurate details.
- Upload necessary documents:
- Photograph (4.5 cm x 3.5 cm)
- Signature (black ink)
- Left thumb impression (on white paper)
- Handwritten declaration (black ink)
- Pay the required fee and submit the application.
- Download and print the application form for future reference.
Selection Process
The recruitment process includes three stages:
- Phase 1 Exam (Online)
- Phase 2 Exam (Subject-specific)
- Interview & Group Discussion
Note: The Phase 1 exam is common for all streams, while the Phase 2 exam is stream-specific.
SIDBI Salary Structure
| Post | Basic Salary | Monthly Salary (Approx.) |
|---|---|---|
| Grade A | Rs. 44,500 | Rs. 1,00,000/- |
| Grade B | Rs. 55,200 | Rs. 1,15,000/- |
