The Small Industries Development Bank of India (SIDBI) has announced its recruitment drive for 2024, offering 72 vacancies for Assistant Manager Grade ‘A’ and Manager Grade ‘B’ positions. These roles present excellent opportunities for individuals aspiring to build a rewarding career in the financial and developmental sector.
Key Details
| Aspect | Details |
|---|---|
| Positions Available | 72 (Assistant Manager Grade ‘A’ and Manager Grade ‘B’) |
| Eligibility | Bachelor’s/Master’s in Commerce, Economics, Mathematics, Law, Engineering, or MBA/PGDM |
| Age Limit | Grade ‘A’: 21–30 years Grade ‘B’: 25–33 years |
| Selection Process | Online Test and Personal Interview |
| Salary | ₹1,00,000–₹1,15,000 per month |
| Application Dates | November 8 – December 2, 2024 |
| Application Mode | Online |
About SIDBI
Established in 1990, SIDBI is a premier financial institution dedicated to the growth and development of micro, small, and medium enterprises (MSMEs) in India. It plays a pivotal role in empowering entrepreneurs and strengthening the nation’s economy. Working with SIDBI provides individuals a chance to contribute to meaningful economic development while enjoying professional growth.
Available Roles
Assistant Manager Grade ‘A’
- Role Overview:
Responsible for supporting senior management in policy implementation, project analysis, and financial operations.
Manager Grade ‘B’
- Role Overview:
Supervisory responsibilities, including overseeing teams, strategic decision-making, and ensuring compliance with banking policies.
Eligibility Criteria
- Educational Qualifications:
- Candidates must hold a Bachelor’s or Master’s degree in disciplines such as Commerce, Economics, Mathematics, Law, or Engineering.
- Professional qualifications like MBA/PGDM are also accepted for managerial roles.
- Age Limit:
- Assistant Manager (Grade A): 21–30 years
- Manager (Grade B): 25–33 years
- Age relaxation is applicable for reserved categories as per government norms.
Selection Process
The recruitment process involves two stages:
- Online Examination:
- Objective questions focusing on Quantitative Aptitude, English Language, Reasoning, and General Awareness.
- Professional knowledge related to banking and finance is also tested.
- Personal Interview:
- Candidates shortlisted from the online test will be invited for an interview.
- The interview assesses communication skills, domain knowledge, and suitability for the role.
Application Process
Interested candidates can apply online through the official SIDBI website. Follow these steps for a smooth application process:
- Registration:
Create an account using a valid email address and mobile number. - Form Submission:
Fill in personal, educational, and professional details in the online application form. - Document Upload:
Upload scanned copies of a passport-size photograph, signature, and relevant certificates. - Fee Payment:
Pay the application fee online:
- General/OBC: ₹850
- SC/ST/PwD: ₹175
- Final Submission:
Review the form and submit it. Save a copy of the acknowledgment receipt for future reference.
Important Dates
| Event | Date |
|---|---|
| Start of Application | November 8, 2024 |
| Application Deadline | December 2, 2024 |
| Online Examination Date | December 16, 2024 |
| Interview Date | January 2025 (tentative) |
Salary and Benefits
SIDBI offers attractive remuneration and a comprehensive benefits package:
- Salary: ₹1,00,000–₹1,15,000 per month (including allowances).
- Perks:
- Medical insurance
- Leave benefits
- Provident fund
- Performance-linked incentives
Tips for Success
- Understand the Exam Pattern:
Familiarize yourself with the test structure and syllabus to strategize your preparation. - Study Resources:
Refer to banking awareness books, quantitative aptitude guides, and professional knowledge material. - Practice Mock Tests:
Regular mock tests will help improve speed and accuracy. - Stay Updated:
Keep abreast of current financial news and banking policies to excel in the general awareness and interview rounds.
Why Choose SIDBI?
- Reputation:
Working with SIDBI gives you the opportunity to be part of an esteemed organization that supports India’s economic development. - Career Growth:
The roles offer excellent prospects for professional advancement, with opportunities to take on greater responsibilities and leadership roles. - Impactful Work:
Employees at SIDBI play a direct role in supporting MSMEs, fostering entrepreneurship, and contributing to the nation’s progress.
Conclusion
SIDBI Recruitment 2024 is a gateway to a prestigious and fulfilling career in the banking sector. With attractive salaries, professional growth opportunities, and the chance to make a real impact, this recruitment drive is not to be missed.
Candidates are encouraged to review the eligibility criteria carefully, prepare thoroughly, and apply within the stipulated dates. Joining SIDBI is not just about securing a job—it’s about contributing to India’s economic growth and development.
For more details, visit the official SIDBI website.
Click Here SIDBI Recruitment 2024 Notification