SIDBI Recruitment 2024 Notification: Latest Opportunities for Grade ‘A’ and ‘B’ Officers
Are you on the lookout for a promising career in banking? The SIDBI Recruitment 2024 Notification is here, announcing opportunities for dynamic professionals to join the Small Industries Development Bank of India (SIDBI) as officers in Grade ‘A’ (Assistant Manager) and Grade ‘B’ (Manager). Here’s everything you need to know about the SIDBI 2024 recruitment process, from eligibility criteria to key dates and more. Let’s dive in!
Overview of SIDBI Recruitment 2024
SIDBI, India’s principal financial institution for the promotion and development of Micro, Small, and Medium Enterprises (MSMEs), is seeking to strengthen its workforce by recruiting officers. This year, the SIDBI Recruitment 2024 Notification aims to attract talented professionals ready to support India’s growing MSME sector. With roles across various streams like General, Legal, and Information Technology (IT), SIDBI promises an exciting career path with attractive benefits.
Also Read: SIDBI Assistant Manager and Manager Salary 2024
Important Dates and Deadlines
| Event | Date |
|---|---|
| Online Registration Start Date | November 8, 2024 |
| Last Date for Registration | December 2, 2024 |
| Cut-off for Age Eligibility | November 8, 2024 |
| Phase I Online Exam | December 22, 2024 |
| Phase II Online Exam | January 19, 2025 |
| Interview Tentative Schedule | February 2025 |
Make sure to mark these dates and complete your application in time to avoid missing out!
Eligibility Criteria for SIDBI Recruitment 2024
SIDBI has laid down specific eligibility criteria for both Grade ‘A’ and Grade ‘B’ officer roles:
- Nationality: Applicants must be Indian citizens or individuals from select other countries as specified.
- Age Limits:
- Grade ‘A’: 21 to 30 years
- Grade ‘B’: 25 to 33 years
- Educational Qualifications:
- Grade ‘A’: Bachelor’s or Master’s degree in relevant fields with minimum marks.
- Grade ‘B’: Bachelor’s or Master’s degree in Law, IT, or other disciplines with required experience.
Vacancy Details and Reservations
| Position | Vacancies | Reserved for UR | Reserved for PwBD |
|---|---|---|---|
| Assistant Manager Grade ‘A’ (General) | 50 | 23 | 3 |
| Manager Grade ‘B’ (General) | 10 | 5 | 1 |
| Manager Grade ‘B’ (Legal) | 6 | 3 | – |
| Manager Grade ‘B’ (IT) | 6 | 3 | 1 |
Reservations are as per the Government of India’s guidelines for SC/ST, OBC, EWS, and PwBD categories.
SIDBI Recruitment 2024: Application Process
- Visit the official SIDBI website: www.sidbi.in.
- Click on the “Careers” section and select “Apply Online” for SIDBI Recruitment 2024.
- Register and fill out the application form.
- Upload the required documents, including photo and signature.
- Pay the application fee online.
- Submit your application and download the confirmation.
Be sure to review your details carefully before submission, as incomplete applications will be disqualified.
Selection Process for SIDBI Recruitment 2024
The selection process for SIDBI Grade ‘A’ and ‘B’ Officers includes three stages:
- Phase I: Online Screening Exam (objective test).
- Phase II: Main Exam (objective and descriptive tests).
- Phase III: Interview and Psychometric Assessment.
Candidates must clear each stage to proceed to the next. Final selection is based on scores in Phase II and the interview.
Exam Pattern and Syllabus
| Section | Questions | Marks | Duration |
|---|---|---|---|
| English Language | 30 | 30 | 120 min |
| Reasoning Aptitude | 25 | 25 | |
| Quantitative Aptitude | 25 | 25 | |
| Computer Knowledge | 20 | 20 | |
| General Awareness | 20 | 20 | |
| MSME and Finance Awareness | 30 | 30 | |
| Stream Specific Test | 50 | 50 |
Job Profiles and Responsibilities
- Grade ‘A’ Assistant Manager: Managing MSME credit proposals, credit monitoring, and customer management.
- Grade ‘B’ Manager (General): Enhancing MSME credit reach, supporting entrepreneurship initiatives.
- Grade ‘B’ Manager (Legal): Overseeing legal compliance, representing SIDBI in court, handling property recovery.
- Grade ‘B’ Manager (IT): IT development in areas like AI, ML, cybersecurity, and network management.
Salary and Benefits
| Grade | Monthly Salary | Annual CTC (approx.) |
|---|---|---|
| Grade ‘A’ | INR 1,00,000 | INR 19-21 Lakh |
| Grade ‘B’ | INR 1,15,000 | INR 23.5-26 Lakh |
Additional benefits include medical expenses, leave, retirement benefits, travel allowance, and loans at concessional rates.
Reservations and Relaxations
SIDBI adheres to reservation policies as per government norms. Relaxations in upper age limits are available for SC/ST, OBC, EWS, and PwBD categories. For example, SC/ST candidates receive a 5-year age relaxation, while PwBD candidates receive 10-15 years based on their reservation status.
Important Documents for SIDBI Recruitment 2024
Candidates applying for the SIDBI Recruitment 2024 are required to submit certain essential documents to complete their application. Make sure to have the following documents ready:
- Identity Proof: Aadhar card, PAN card, passport, voter ID, or any government-issued ID.
- Educational Certificates: Original certificates and mark sheets of educational qualifications (Graduation/Post-graduation) as per eligibility requirements.
- Experience Certificates: Documents proving relevant work experience, as specified for Grade ‘A’ and ‘B’ positions.
- Category Certificate (if applicable): Valid certificate for SC/ST/OBC/EWS/PwBD candidates as per government norms.
- Photograph and Signature: Recent passport-size photograph and signature in the specified format.
- Disability Certificate (if applicable): For candidates applying under PwBD category, a certificate issued by a competent authority.
Ensure all documents are in the required format and available at the time of online application and interview to avoid disqualification.
Key Skills and Experience
Candidates should ideally possess skills and experience specific to the job role they’re applying for:
- For IT roles: Proficiency in Python, R, and machine learning for AI-focused roles, or Java, Angular, and cybersecurity for web development and security-focused roles.
- For Legal roles: Knowledge in laws related to banking, recovery, SARFAESI, and IBC Act is preferred.
- For General roles: Prior experience in MSME financing, credit risk assessment, and related functions.
Also Read: IDBI Sales And Operations Executive Salary 2024
Preparing for SIDBI Recruitment 2024
To prepare effectively:
- Review the syllabus for Phase I and Phase II exams, especially the General Awareness and MSME topics.
- Practice past SIDBI exams or similar banking exams.
- Brush up on descriptive writing for the Phase II exam.
- Stay updated with MSME, financial sector developments, and regulatory changes.
The SIDBI Recruitment 2024 Notification presents an incredible opportunity to be part of a growing sector in India. From attractive salaries to meaningful work in India’s MSME ecosystem, SIDBI offers a platform for career growth. Don’t miss the deadlines, prepare well, and get ready for an exciting journey with SIDBI!
