SIDBI Grade A & B Recruitment 2024: Apply for 72 Officer Positions
The Small Industries Development Bank of India (SIDBI) has announced 72 vacancies for Grade A and Grade B Officer positions in the General, Legal, and IT streams. This SIDBI Recruitment 2024 provides a valuable opportunity for those looking to work with a reputed financial institution focused on developing India’s MSME sector. This post offers a comprehensive guide on eligibility criteria, application process, selection stages, important dates, and application fees.
Overview of SIDBI Recruitment 2024
Here’s a quick summary of SIDBI Grade A & B Recruitment 2024:
| Organization | Small Industries Development Bank of India (SIDBI) |
|---|---|
| Posts | Grade A (Assistant Manager) and Grade B (Manager) |
| Total Vacancies | 72 |
| Application Mode | Online only |
| Last Date to Apply | December 2, 2024 |
| Selection Process | Phase I Exam, Phase II Exam, Interview |
| Official Website | www.sidbi.in |
Important Dates for SIDBI Recruitment 2024
Ensure you complete each step on time. Here are the critical dates:
- Application Start Date: November 8, 2024
- Last Date to Apply Online: December 2, 2024
- Last Date for Fee Payment: December 2, 2024
- Phase I Exam Date: December 22, 2024
- Phase II Exam Date: January 19, 2025
Vacancy Details for SIDBI Recruitment 2024
SIDBI has posted vacancies for both Grade A and Grade B officers. Here’s a breakdown by position and category:
SIDBI Grade A Vacancy (50 Positions)
| Category | Vacancies |
|---|---|
| UR | 23 |
| OBC | 14 |
| SC | 6 |
| ST | 4 |
| EWS | 3 |
| Total | 50 |
SIDBI Grade B Vacancy (22 Positions)
The Grade B positions are divided into General, Legal, and IT streams:
| Stream | UR | SC | ST | OBC | EWS | Total |
|---|---|---|---|---|---|---|
| General | 5 | 1 | – | 3 | 1 | 10 |
| Legal | 3 | 1 | – | 2 | – | 6 |
| IT | 3 | 1 | – | 1 | 1 | 6 |
| Total | 11 | 3 | 0 | 6 | 2 | 22 |
Application Fee for SIDBI Recruitment 2024
Candidates must pay an application fee based on their category:
- General / EWS / OBC: ₹1100 (includes ₹175 intimation charge)
- SC / ST / PwBD: ₹175 (intimation charge only)
- SIDBI Staff: No Fee
Note: The fee can be paid using Debit/Credit Cards, Internet Banking, IMPS, or Mobile Wallets.
Eligibility Criteria for SIDBI Grade A & B Recruitment 2024
Candidates must ensure they meet the eligibility criteria before applying. Here’s what you need to know:
Age Limit (as of December 2, 2024)
- Grade A (Assistant Manager): 21 to 30 years
- Grade B (Manager): 25 to 33 years
Age Relaxation is applicable for reserved categories as per SIDBI’s guidelines.
Educational Qualifications and Work Experience
The qualifications and experience vary depending on the role. Here’s a simplified breakdown:
- Grade A (Assistant Manager – General)
- Qualification: Bachelor’s in Commerce, Economics, Statistics, Mathematics, Engineering, or equivalent with 60% marks (55% for SC/ST/PwBD).
- Experience: 2 years in credit, MSME financing, or related banking fields for graduates. No experience is required for CA or MBA holders.
- Grade B (Manager – General)
- Qualification: Bachelor’s with 60% marks or Master’s with 55% marks (relaxation for SC/ST/PwBD).
- Experience: 5 years in financial institutions like SIDBI, RBI, or scheduled commercial banks.
- Grade B (Manager – Legal)
- Qualification: Bachelor’s degree in Law (LLB) with 50% marks (45% for SC/ST/PwBD).
- Experience: 5 years as a Law Officer in banks or financial institutions.
- Desirable Skills: Knowledge in Banking, Company, Labour, and Insolvency laws.
- Grade B (Manager – IT)
- Qualification: Bachelor’s in Computer Science, IT, Electronics, or Communications with 60% marks (55% for SC/ST/PwBD).
- Experience: 5 years in IT roles, with expertise in AI/ML, IT Security, Web Development, etc.
Salary Structure for SIDBI Grade A & B Officers
SIDBI offers an attractive salary with additional allowances. Here’s the approximate annual package:
- Grade A: ₹19 – 21 Lakhs
- Grade B: ₹23.5 – 26 Lakhs
The monthly pay scale includes increments over the years, ensuring good growth in the role:
- Grade A: ₹44,500 – ₹89,150
- Grade B: ₹55,200 – ₹99,750
Selection Process for SIDBI Recruitment 2024
SIDBI follows a three-stage selection process for Grade A and B recruitment:
- Phase I Exam: Preliminary screening
- Phase II Exam: Main examination
- Interview: Final stage for shortlisted candidates
How to Apply for SIDBI Grade A & B Recruitment 2024
Follow these steps to apply online for SIDBI Recruitment 2024:
- Visit the Official Website: Go to www.sidbi.in.
- Register: Click on the recruitment link and complete the registration.
- Fill Out Application: Provide your personal and educational details.
- Upload Documents: Upload scanned copies of your photo, signature, and other required documents.
- Pay the Application Fee: Use any of the accepted payment methods.
- Submit: Double-check your information and submit the application.
- Print Confirmation: Save a copy of the application form for future reference.
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Important Tips for Candidates
- Check Eligibility Carefully: Ensure you meet all educational and experience criteria.
- Prepare Documents: Keep digital copies of all required documents.
- Monitor Important Dates: Complete each step by the deadline.
Frequently Asked Questions (FAQs)
Q1: What is the last date to apply for SIDBI Recruitment 2024?
A1: The last date to apply online is December 2, 2024.
Q2: What is the application fee for SIDBI Recruitment 2024?
A2: For General/OBC/EWS, the fee is ₹1100. For SC/ST/PwBD, it’s ₹175.
Q3: What are the educational qualifications for Grade A Assistant Manager?
A3: Graduation in relevant fields with 60% marks, or professional certifications like CA/CMA, or an MBA degree.
Q4: What is the selection process for SIDBI Recruitment 2024?
A4: Selection includes Phase I and II exams followed by an interview.
Q5: Is there an age limit for Grade A and B positions?
A5: Yes, Grade A: 21-30 years, Grade B: 25-33 years (with age relaxation for reserved categories).
Q6: Where can I apply for SIDBI Recruitment 2024?
A6: Apply online at www.sidbi.in.
SIDBI’s Grade A & B Recruitment 2024 offers a significant opportunity for eligible candidates to establish their careers in the banking sector. Be sure to review eligibility requirements, follow the application steps, and submit your application promptly.