The Small Industries Development Bank of India (SIDBI) has released its official notification for the recruitment of Officers in Grade ‘A’ and Grade ‘B’. This recruitment drive offers 72 positions across different streams, including General, Legal, and Information Technology (IT). SIDBI plays a pivotal role in developing the Micro, Small, and Medium Enterprises (MSME) sector in India, and this is a remarkable opportunity to work with a prestigious institution.
This blog provides a comprehensive guide to SIDBI Recruitment 2024, covering all essential aspects such as eligibility, application process, exam details, and more.
Table of Contents
Recruitment Overview
| Aspect | Details |
| Organization | Small Industries Development Bank of India (SIDBI) |
| Post Name | Officers in Grade ‘A’ and ‘B’ |
| Total Vacancies | 72 |
| Application Mode | Online |
| Official Website | www.sidbi.in |
SIDBI is an equal opportunity employer committed to diversity and inclusion in the workplace. It seeks dynamic and ambitious individuals to contribute to its mission of promoting sustainable growth in the MSME sector.
Vacancy Details
The following table provides detailed information about the vacancies:
| Post | Grade | Number of Vacancies |
| Assistant Manager | A | 50 |
| Manager (General Stream) | B | 10 |
| Manager (Legal Stream) | B | 6 |
| Manager (IT Stream) | B | 6 |
Category-Wise Distribution
| Post | SC | ST | OBC | EWS | UR | Total |
| Grade A | 6 | 4 | 14 | 3 | 23 | 50 |
| Grade B (General) | 1 | – | 3 | 1 | 5 | 10 |
| Grade B (Legal) | 1 | – | 2 | – | 3 | 6 |
| Grade B (IT) | 1 | – | 1 | 1 | 3 | 6 |
PwBD Reservation Details
| Post | Stream | Total PwBD Reserved Vacancies | Category of Disability Eligible |
| Assistant Manager (Grade A) | General | 3 | – VI (Visually Impaired)– HI (Hearing Impaired)– MD/ID (Multiple Disabilities/Intellectual Disabilities) |
| Manager (Grade B) | General | 1 | – HI (Hearing Impaired) |
| Manager (Grade B) | Legal | 0 | – |
| Manager (Grade B) | Information Technology (IT) | 1 | – MD/ID (Multiple Disabilities/Intellectual Disabilities) |
Important Dates
Candidates should note the following timelines:
| Event | Date |
| Online Application Start Date | November 8, 2024 |
| Online Application End Date | December 2, 2024 |
| Cut-off Date for Age Criteria | November 8, 2024 |
| Phase I Online Examination | December 22, 2024 |
| Phase II Online Examination | January 19, 2025 |
| Tentative Interview Dates | February 2025 |
Eligibility Criteria
1. Citizenship Requirements
Candidates must meet one of the following criteria:
- Citizen of India.
- Subject of Nepal or Bhutan.
- Tibetan refugee who arrived in India before January 1, 1962, intending to settle permanently.
- Person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, or East African countries.
2.Educational Qualifications for SIDBI Recruitment 2024
| Post | Stream | Essential Qualification | Desirable Qualification | Experience |
| Assistant Manager | General | – Graduation in Commerce/Economics/Mathematics/Statistics/Business Administration/Engineering with 60% marks (50% for SC/ST/PwBD). | – MBA/PGDM (2 years full-time).- Professional Qualifications: CA/CS/CFA/CMA/ICWA. | No mandatory work experience required for candidates with professional qualifications (CA/CS/CFA/CMA). |
| Manager | General | – Graduation with 60% marks (50% for SC/ST/PwBD).- Post-graduation with 55% marks (pass for SC/ST/PwBD). | – JAIIB/CAIIB certification preferred. | At least 5 years as a permanent officer in RBI, SEBI, All India Financial Institutions, Scheduled Commercial Banks, or NBFCs registered with RBI. |
| Manager | Legal | – Bachelor’s Degree in Law (LLB) with 50% marks (45% for SC/ST/PwBD).- Enrollment as an advocate with the Bar Council of India. | – Master’s Degree in Law.- Company Secretary (CS) qualification.- Proficiency in computer applications. | At least 5 years of post-qualification experience in legal roles at RBI, SEBI, All India Financial Institutions, Scheduled Commercial Banks, CPSEs, or NBFCs. Expertise in Banking Law, Recovery, and Legal Drafting preferred. |
| Manager | Information Technology (IT) | – Bachelor’s Degree in Engineering/Technology in Computer Science, IT, Electronics, or Communications.- MCA with 60% marks (55% for SC/ST/PwBD). | – Certifications in AI/ML, Full Stack Development, CISSP, CISM, or CEH.- ITIL Foundation Certification. | At least 5 years of IT experience, including 2 years in AI/ML, web application programming (e.g., Python, Java), IT Security, or Infrastructure Management. |
Key Notes
- Universities/Institutions: Degrees must be from recognized institutions by UGC, Government of India, or approved regulatory bodies.
- CGPA/OGPA Conversion: If marks are awarded in CGPA/OGPA format, they must be converted to percentages as per university guidelines. For unspecified conversions, a CGPA of 6.75 on a scale of 10 equals 60%.
- Final Year Candidates: Final-year students must provide proof of qualification (marksheet and certificate) at the time of joining if selected.
This table provides clarity on the qualifications and experience required for each post, ensuring applicants meet the criteria effectively.
3. Age Limit
- Grade A: 21–30 years
- Grade B: 25–33 years
Age relaxation is provided as per government norms for SC/ST, OBC, PwBD, and other eligible categories.
4. Application Fee
| Category | Fee (INR) |
| General/OBC/EWS | 1100 |
| SC/ST/PwBD | 175 |
Salary Structure
The pay scale and approximate gross salary are outlined below:
| Post | Pay Scale (INR) | Approx. Gross Salary (INR) |
| Assistant Manager | 44,500 – 89,150 | 1,00,000 |
| Manager | 55,200 – 99,750 | 1,15,000 |
SIDBI officers also enjoy additional benefits like Dearness Allowance, House Rent Allowance, Grade Allowance, medical facilities, and more.
Exam Pattern and Syllabus
Phase I – Preliminary Examination
The Preliminary Exam comprises objective-type questions designed to test candidates’ reasoning, numerical ability, general awareness, and stream-specific knowledge.
| Section | Type | Number of Questions | Maximum Marks | Time | Remarks |
| English Language | Objective | 30 | 30 | 120 Minutes | Bilingual, except for the English Language section. |
| Reasoning Aptitude | Objective | 25 | 25 | ||
| Quantitative Aptitude | Objective | 25 | 25 | ||
| Computer Knowledge | Objective | 20 | 20 | ||
| General Awareness (Banking Focus) | Objective | 20 | 20 | Focus on Banking, Financial Sector, and Current Affairs | |
| MSME Policy & Regulatory Framework | Objective | 30 | 30 | Includes Finance and Management topics related to MSMEs | |
| Stream-Specific Test | Objective | 50 | 50 | Questions based on stream expertise. | |
| Total | 200 | 200 | 120 Minutes |
Phase II – Mains Examination
The Mains Exam includes objective and descriptive components aimed at evaluating candidates’ writing skills, job-specific knowledge, and professional aptitude.
For Grade A (General) and Grade B (General) Streams
| Paper | Type | Number of Questions | Marks | Time | Syllabus Highlights |
| Paper I: English Language | Descriptive | 3 | 75 | 75 Minutes | Essay writing, précis writing, comprehension, and business correspondence. |
| Paper II: MSME & Finance | Objective + Descriptive | 50 (Objective) + 4 (Descriptive) | 75 (Objective) + 50 (Descriptive) | 135 Minutes (Combined) | MSME Policy, NPA recovery, credit risk assessment, and general financial knowledge, including term loans and working capital. |
For Grade B (Legal) Stream
| Paper | Type | Number of Questions | Marks | Time | Syllabus Highlights |
| Paper I: English Language | Descriptive | 3 | 75 | 75 Minutes | Essay writing, précis writing, comprehension, and business correspondence. |
| Paper II: Law Knowledge | Objective + Descriptive | 50 (Objective) + 4 (Descriptive) | 75 (Objective) + 50 (Descriptive) | 135 Minutes (Combined) | Constitutional law, contract law, SARFAESI, Insolvency and Bankruptcy Code (IBC), and legal drafting. |
For Grade B (IT) Stream
| Paper | Type | Number of Questions | Marks | Time | Syllabus Highlights |
| Paper I: English Language | Descriptive | 3 | 75 | 75 Minutes | Essay writing, précis writing, comprehension, and business correspondence. |
| Paper II: IT Knowledge | Objective + Descriptive | 50 (Objective) + 4 (Descriptive) | 75 (Objective) + 50 (Descriptive) | 135 Minutes (Combined) | Programming (Python, C++, Java), database management, AI/ML, cybersecurity, and IT architecture. |
Phase III – Interview
- The interview is conducted for 100 marks.
- It includes a psychometric test to assess communication, decision-making, and adaptability.
- Extracurricular achievements and professional awards (up to 25% weightage) are considered.
Key Notes on Syllabus
- General Awareness:
- Focus on the banking and financial sector, including MSME regulations, government policies, and economic developments.
- Stream-Specific Topics:
- Legal Stream: Topics include legal drafting, banking laws, and statutes like SARFAESI and IBC.
- IT Stream: Emphasis on programming, AI/ML, cybersecurity, and enterprise IT solutions.
- Penalty for Wrong Answers:
- For objective questions, 1/4th marks are deducted for every incorrect answer.
How to Apply
Follow these steps to apply:
- Visit official website.
- Register using your email and mobile number.
- Fill out the application form with accurate details.
- Upload scanned documents, including a photograph and signature.
- Pay the required application fee.
- Submit and download the confirmation receipt for reference.
Exam Dates and Admit Card
| Event | Date |
| Admit Card Release (Tentative) | December 15, 2024 |
| Phase I Exam | December 22, 2024 |
| Phase II Exam | January 19, 2025 |
Admit cards will be available on the official website. Candidates must carry a valid photo ID along with their admit card.
Selection Process
The selection comprises the following stages:
- Phase I Exam: Preliminary screening.
- Phase II Exam: Mains with objective and descriptive tests.
- Interview: Includes psychometric tests and a final personal interview.
Result Process
- Results for each phase will be declared on the SIDBI website.
- Final selection is based on the combined performance in Phase II and the interview.
Important Web-Links
| Online Application Form | Click Here |
| Advertisement Details | Click Here |
| Official Website | Click Here |
Conclusion
SIDBI Recruitment 2024 offers a promising career opportunity for individuals passionate about contributing to the MSME sector. Candidates are advised to prepare diligently and comply with all eligibility requirements to enhance their chances of selection.
FAQs
What is the total number of vacancies reserved for PwBD candidates?
A total of 5 vacancies are reserved for PwBD candidates across different posts and streams in SIDBI Recruitment 2024.
Can final-year students apply for SIDBI Recruitment 2024?
Yes, final-year students can apply, provided they submit their final degree and marksheet before joining if selected.
What is the application fee for SC/ST and PwBD candidates?
The application fee for SC/ST and PwBD candidates is INR 175, which includes intimation charges.
What are the age limits for Grade A and Grade B posts?
Grade A: 21–30 years
Grade B: 25–33 years
Age relaxation is applicable for reserved categories as per government norms.
Will there be negative marking in the SIDBI recruitment exam?
Yes, for every wrong answer in the objective-type tests, 1/4th of the marks assigned to that question will be deducted as a penalty.