Post Name and Vacancies for SIDBI Recruitment 2024:

SIDBI is looking for capable candidates for the post of Manager in Grade ‘B’ (General Stream). There are 35 vacant seats available for the aforementioned position.

Tenure for SIDBI Recruitment 2024:

The period of engagement for SIDBI Recruitment 2024 is given below:

• The appointment for the post will be on a deputation basis for an initial period of upto 03 years, extendable, at the sole discretion of the Bank, for a further period of up to 02 years. The appointment will be reviewed at the end of three years and on such review, if the Bank continue to require and the performance is found to be satisfactory, the appointment may be extended further for upto two years.

Required Qualification for SIDBI Recruitment 2024:

The required essential qualifications to apply for SIDBI Recruitment 2024 are described below-

For Branch offices-

• The candidate should be Graduate of any discipline

Preferred –

• The candidate should have MBA/MMS/MS/PGDM in Finance, CA, CFA, FRM, MCom, ICWA, CA, MSc/MA (Maths/ Statistics/ economics), BMS, BBA, JAIIB/CAIIB, etc.
• The candidate should have a Certified Credit Professional course of IIBF/ Certified Credit Research Analyst from NISM or similar courses in credit management.

For Risk Management Vertical (RiMV)-

• The candidate should have Graduate in any discipline
• The candidate should haveMBA/MMS/MS/PGDM in Finance, MSc Risk Management, MSc/MA (Maths/Statistics/ economics)
• The candidate should have BE/BTech with professional qualifications viz. Financial Risk Manager (FRM) or Professional Risk Manager (PRM), etc.
• Certificate in Risk and Financial Services course of IIBF or similar courses in Risk Management.

For Treasury and Resource Management Vertical (TRMV)-

• The candidate should have graduated in any discipline
• The candidate should have MBA/MMS/MS/PGDM in Finance/CFA, MSc/BE/BTech with professional qualifications viz. Certified Treasury
  The professional course of IIBF or similar courses in Treasury.

Experience –

• The candidate should have Minimum 4 years of experience in the Officer Cadre (regular employee) in the public sector banks, out of which 2 years of experience shall be in respective domains for which the candidates are applying (viz. Branch offices, RiMV and TRMV).
• The candidate should have Experience in analytics, financial technologies, and related fields would be an added advantage.

Age Criteria for SIDBI Recruitment 2024:

According to the official notification of SIDBI Recruitment 2024, the age limit is menetioned below:

• The candidate should not be more than 37 years of age as on August 31, 2024.

Posting Location for SIDBI Recruitment 2024:

The selected applicants for SIDBI Recruitment 2024 will be posted in various locations- Ahmedabad, Erode, Ludhiana, Faridabad, Odhav, Gurugram, Jaipur, Surat, Tirupur, New Delhi, Morbi, Vadodara, Rajkot, Changodar, Nasik, Pune, Kurichi, Chinchwad, Coimbatore, Thane, Bengaluru, Chennai, Noida, Kochi, Chandigarh, Vatva, Indore, Ambattur, Hosur, Nagpur, Bahadurgarh, Bhopal, Haridwar, Dehradun, Ranchi and Lucknow.

Salary for SIDBI Recruitment 2024:

Referring to the official notification of SIDBI Recruitment 2024, the salary is mentioned below:

• The present pay scale for the Manager (Grade ‘B’) in SIDBI is `[Rs. 55200 -Rs. 2850 (9) – Rs. 80850 – EB – Rs. 2850 (2) – Rs. 86550 -Rs.  3300 (4) – Rs. 99750 (16 years)]
• Other benefits including house allowance, transport/conveyance, LFC, and medical benefits will be admissible.
• The officers will have the option to retain the pay scale, personal pay, DA, and other allowances and perquisites of his / her original employer along with deputation allowance or select pay scale, allowances, and perquisites of SIDBI. The option once
  exercised shall be final.

Selection Process for SIDBI Recruitment 2024:

The mode of selection for SIDBI Recruitment 2024 will be based on personal interviews to be held online or face-to-face.

How to Apply for SIDBI Recruitment 2024:

Based on the official notification of SIDBI Recruitment 2024, interested candidates who meet the above criteria should obtain the application form from the official notification, take a printout of it, and send their duly filled application form along with the required documents to the mentioned address before the last date. The application should be sent by address and mail.

• By Adress: CGM(HRDV), SWAVALAMBAN BHAVAN, Plot No. C-11, ‘G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051
  Maharashtra
• By Email: They should also be sent by mail to [email protected] before the last date.
• Last date: The last date for submitting the application form is 30.10.2024.

FAQs for SIDBI Recruitment 2024:

There are some FAQs for SIDBI Recruitment 2024 listed below:

Q.1: In which field experience is required to apply for SIDBI Recruitment 2024?

• Ans. The candidate should have Experience in analytics, financial technologies, and related fields for SIDBI Recruitment 2024.

Q.2: What is the last date to fill out the application form?

• Ans. The deadline for the application form is 30.10.2024.

Q.3: What is the name of the post for SIDBI Recruitment 2024?

• Ans. The post name for SIDB Recruitment 2024 is Manager in Grade ‘B’ (General Stream).