The Small Industries Development Bank of India (SIDBI) has opened applications for the SIDBI Grade A & B Recruitment 2024, providing an excellent opportunity for candidates aspiring to work in the banking sector. SIDBI’s Grade A (Assistant Manager) and Grade B (Manager) posts offer secure careers with attractive salaries, career growth opportunities, and the chance to contribute to the development of India’s small and medium enterprises (SMEs). Here’s everything you need to know about this recruitment drive, including eligibility criteria, application process, exam pattern, and preparation tips.
SIDBI Grade A & B Recruitment 2024: Key Highlights
- Conducting Authority: Small Industries Development Bank of India (SIDBI)
- Positions: Grade A (Assistant Manager), Grade B (Manager)
- Application Mode: Online
- Selection Process: Online Written Examination and Interview
- Official Website: www.sidbi.in
SIDBI Grade A & B Recruitment 2024: Important Dates
SIDBI has set tentative dates for the recruitment process, with specific dates for the application process, examination, and interview rounds. Candidates should keep a close eye on the official SIDBI website for the final dates.
Event Date Starting Date for Submission of Application 08.11.2024 Last Date for Submission of Application 02.12.2024 Cut-off Date for Determining Eligibility (Age Limit) 08.11.2024 Cut-off Date for Determining Eligibility (Qualification/Experience) 02.12.2024 Date of Examination (Phase I) 22.12.2024 Date of Examination (Phase II) 19.01.2025 Tentative Schedule of Interview February 2025
| Post Name | Total Vacancies | Approximate Monthly Pay |
|---|---|---|
| Assistant Manager Grade ‘A’ – General Stream | 50 | ₹1,00,000 |
| Manager Grade ‘B’ – General Stream | 10 | ₹1,15,000 |
| Manager Grade ‘B’ – Legal Stream | 6 | ₹1,15,000 |
| Manager Grade ‘B’ – IT Stream | 6 | ₹1,15,000 |
SIDBI Grade A & B Recruitment 2024: Eligibility Criteria
SIDBI sets specific eligibility criteria for each position. Candidates must meet the educational and age requirements to apply for the Grade A or Grade B roles.
| Post Name | Educational Qualification | Age Limit |
|---|---|---|
| Assistant Manager Grade ‘A’ – General Stream | Bachelor’s Degree in relevant field from a recognized university | 21 to 28 years |
| Manager Grade ‘B’ – General Stream | Bachelor’s Degree with relevant experience | 21 to 30 years |
| Manager Grade ‘B’ – Legal Stream | Degree in Law (LL.B) from a recognized university | 21 to 30 years |
| Manager Grade ‘B’ – IT Stream | Bachelor’s Degree in Computer Science, IT, or related field | 21 to 30 years |
1. Educational Qualification
- Grade A (Assistant Manager): Bachelor’s or Master’s degree in Finance, Economics, Law, Engineering, or a related field from a recognized university.
- Grade B (Manager): Master’s degree in Business, Economics, Finance, Law, or related fields. Professional qualifications such as CA, CFA, or ICWA are often preferred.
2. Age Limit
- Grade A (Assistant Manager): Minimum 21 years and maximum 28 years.
- Grade B (Manager): Minimum 25 years and maximum 35 years.
- Age relaxations are applicable for reserved categories as per government norms.
3. Experience
- For Grade B, candidates should have relevant work experience, typically a minimum of two years in a managerial or supervisory role in finance, banking, or related fields.
SIDBI Grade A & B Recruitment 2024: Links
Officical portal: SIDBI Recruitment 2024 Official Notification PDF
apply link: apply only ON-LINE through Bank’s website www.sidbi.in or IBPS portal
SIDBI Grade A & B Recruitment 2024: Application Process
The application process is entirely online, and candidates need to follow these steps to apply for SIDBI Grade A or B posts:
- Visit the Official Website: Go to www.sidbi.in.
- Registration: Click on the “Careers” section, select the recruitment link, and register with a valid email ID and phone number.
- Complete the Application Form: Provide all the required details, including educational qualifications and personal information.
- Upload Documents: Attach scanned copies of your photograph, signature, and relevant documents.
- Pay Application Fee: The application fee varies based on the candidate’s category and will be specified in the official notification.
- Submit and Print: Double-check all information, submit the form, and print a copy for future reference.
SIDBI Grade A & B Recruitment 2024: Selection Process
The selection process for SIDBI Grade A and B positions involves two stages:
1. Online Written Examination
- The written exam includes objective-type questions and is designed to test candidates on various aspects of banking, financial awareness, and reasoning abilities.
- Subjects: General Awareness (with special reference to banking), Reasoning, Quantitative Aptitude, English Language, and Professional Knowledge (for Grade B).
- Exam Duration: Typically, 2–3 hours, but specifics will be detailed in the official notification.
2. Interview
- Candidates who clear the online examination will be invited for a personal interview. This stage assesses a candidate’s technical knowledge, communication skills, and overall suitability for the role.
SIDBI Grade A & B 2024 Exam Pattern
Understanding the exam pattern is crucial for effective preparation. Here’s a general overview of what to expect:
| Subject | No. of Questions | Marks |
|---|---|---|
| Reasoning | 40 | 60 |
| Quantitative Aptitude | 40 | 60 |
| English Language | 40 | 40 |
| General Awareness (Banking) | 50 | 50 |
| Professional Knowledge* | 50 | 100 |
*Note: Professional Knowledge is specifically tested in the Grade B Manager exam.
- Total Marks: 300
- Negative Marking: 0.25 marks deduction for every wrong answer.
- Duration: 2–3 hours (exact timing varies for each section).
Preparation Tips for SIDBI Grade A & B Exam 2024
- Understand the Syllabus: The syllabus is extensive, covering topics in reasoning, quantitative aptitude, banking awareness, and more. Begin by reviewing each subject’s core topics.
- Stay Updated on Banking & Financial News: General awareness, especially in banking, plays a crucial role. Keep up with current affairs, banking terms, and financial policies.
- Practice Mock Tests: Mock tests simulate the actual exam environment, improving your speed and accuracy. Many online platforms provide SIDBI-specific mock tests.
- Revise Regularly: Set aside time to review topics, especially quantitative aptitude and reasoning, to strengthen your fundamentals.
- Focus on Professional Knowledge: For Grade B applicants, professional knowledge in finance, economics, and industry-specific topics is essential.
Salary and Benefits of SIDBI Grade A & B Posts
SIDBI offers attractive compensation packages for its Grade A and Grade B positions:
- Grade A (Assistant Manager): Basic pay generally starts around Rs. 28,000 per month, with gross monthly emoluments reaching approximately Rs. 70,000–75,000, inclusive of various allowances.
- Grade B (Manager): Basic pay begins around Rs. 35,000, with gross emoluments amounting to Rs. 85,000–90,000 per month.
Additional benefits include health insurance, provident fund, leave travel concessions, and more.
How to Download the SIDBI Admit Card 2024
- Visit the SIDBI official website and navigate to the “Careers” section.
- Click on the “Download Admit Card” link.
- Enter your registration ID and password.
- Download and print the admit card, as it is required on exam day.
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