SIDBI is seeking qualified and enthusiastic individuals for the positions of Manager (Grade-B) in the General and Specialist Stream and Assistant Manager (Grade-A) in the General Stream.
swastika suhal | Nov 12, 2024 |
SIDBI Recruitment 2024: Notification Out For 72 Vacancies For Grade A and B Posts, Apply Now
SIDBI Recruitment 2024: The Small Industries Development Bank of India (SIDBI) is seeking qualified and enthusiastic individuals for the positions of Manager (Grade-B) in the General, Legal and Information Technology Stream and Assistant Manager (Grade A) in the General Stream. According to the official SIDBI Recruitment 2024 notification, there are 72 openings for the aforementioned positions. Candidates applying for the position of Manager must have at least five years of experience in their respective fields, while those applying for the position of Assistant Manager must have at least two years of experience in their respective fields. Applicants in Grade ‘A’ should not be less than 21 years old or not be more than 30 years of age. Candidates in Grade ‘B’ should not be less than 25 years of age or more than 33 years of age when they apply for the position.
The official SIDBI Recruitment 2024 notification states that the committee will conduct an examination and interview to select the qualified applicants. Probation will be used to choose the qualified applicants. The probationary term will be in effect for a suitable two-year period, and SIDBI may decide to extend it further. Applicants for the aforementioned positions must pay an application fee based on the reservation for their category (given below according to the categories). Candidates who fulfil all eligibility conditions for the position may apply online by visiting SIDBI’s official website, according to the official notification of SIDBI Recruitment 2024. On or before the deadline, candidates must submit their applications and all pertinent supporting documentation as requested by the committee.
According to the official SIDBI Recruitment 2024 notification, there is an opportunity to apply for the positions of Manager (Grade ‘B’) and Assistant Manager (Grade ‘A’). For the positions listed here, there are 72 vacancies.
| Post Name and Streams | Vacancies |
| Assistant Manager (Grade A) in the stream of General | 50 |
| Manager in General Stream (Grade B) | 10 |
| Manager in Legal Stream (Grade B) | 6 |
| Manager in Information Technology Stream (Grade B) | 6 |
| Total | 72 |
According to the official notification of SIDBI Recruitment 2024, candidates must meet the educational qualifications listed below for the positions –
Assistant Manager Grade ‘A’ –
Post Qualification Experience –
The applicants should have at least 02 years of experience in credit dispensation in the areas of MSME/ Corporate and lending to trading and small commercial loans etc. (experience pertaining to personal loans, educational loans, Vehicle Loan, Housing Loan, etc. would not be considered) as an officer (permanent) in –
Manager Grade ‘B’ –
The applicants should have at least 05 years of work experience, post bachelor’s degree in law, as a Law Officer [permanent / on full-time direct contract (not outsourced)] in the Legal Department of:
With reference to the official SIDBI Recruitment 2024 notification, the age criteria for the positions are stated below –
| Post Name | Age Limit |
| Grade A | 21-30 years |
| Grade B | 23-33 years |
The selection procedure would include a three-stage process i.e.
Candidates who qualify Phase I examination based on the minimum cut-off marks decided
by SIDBI, will be called for the Phase II examination. Candidates who qualify Phase II
examination based on the minimum cut-off marks decided by SIDBI would be called for
an interview
According to the official SIDBI Recruitment 2024 notification, qualifying candidates will be selected through probation. SIDBI may choose to prolong the probationary time after it has been in place for an appropriate two years.
As per official notification of SIDBI Recruitment 2024, When filling out their SIDBI Grade A and Grade B Application Forms, candidates must pay the appropriate application fee for their category. The fees paid will not be refunded.
| Category | Application Fee | Intimation Charges | Total Charges |
| Gen/ OBC/ EWS | Rs. 925/- | Rs. 175/- | Rs. 1100/- |
| SC/ST/ PwD | Nil | Rs. 175/- | Rs. 175/- |
| Staff Candidates | Nil | Nil | Nil |
According to the official SIDBI Recruitment 2024 notification, the following dates are significant:
As stated in the official SIDBI Recruitment 2024 notification, eligible applicants can apply online by following some of the steps given below.
Application Procedure
Some Frequently Asked Questions about SIDBI Recruitment 2024 are listed below:
Q.1 How many vacancies are announced by the SIDBI Grade A & B Post?
Ans. There are a total of 72 Vacancies, Out of which 50 vacancies for Assistant Manager (Grade A) in the General stream and 22 vacancies for Manager (Grade B) in the General and Specialist stream have been announced with the official notification.
Q. 2 What will be the salary package of candidates for SIDBI Recruitment 2024?
Ans. The selected candidate will be paid upto Rs.115000 per month.
Q.3. What is the Probation Period for SIDBI Recruitment 2024?
Ans. Candidates will be appointed on a Probation period of 02 years which is extendable upto a maximum of 04 years at the discretion of SIDBI.
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