SIDBI Recruitment 2024 – 72 Officer (Grade A, and B) Posts, Online Apply

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.

Recruitment Overview

AspectDetails
OrganizationSmall Industries Development Bank of India (SIDBI)
Post NameOfficers in Grade ‘A’ and ‘B’
Total Vacancies72
Application ModeOnline
Official Websitewww.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:

PostGradeNumber of Vacancies
Assistant ManagerA50
Manager (General Stream)B10
Manager (Legal Stream)B6
Manager (IT Stream)B6

Category-Wise Distribution

PostSCSTOBCEWSURTotal
Grade A641432350
Grade B (General)131510
Grade B (Legal)1236
Grade B (IT)11136

PwBD Reservation Details

PostStreamTotal PwBD Reserved VacanciesCategory of Disability Eligible
Assistant Manager (Grade A)General3VI (Visually Impaired)HI (Hearing Impaired)MD/ID (Multiple Disabilities/Intellectual Disabilities)
Manager (Grade B)General1HI (Hearing Impaired)
Manager (Grade B)Legal0
Manager (Grade B)Information Technology (IT)1MD/ID (Multiple Disabilities/Intellectual Disabilities)

Important Dates

Candidates should note the following timelines:

EventDate
Online Application Start DateNovember 8, 2024
Online Application End DateDecember 2, 2024
Cut-off Date for Age CriteriaNovember 8, 2024
Phase I Online ExaminationDecember 22, 2024
Phase II Online ExaminationJanuary 19, 2025
Tentative Interview DatesFebruary 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

PostStreamEssential QualificationDesirable QualificationExperience
Assistant ManagerGeneral– 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).
ManagerGeneral– 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.
ManagerLegal– 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.
ManagerInformation 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

  1. Universities/Institutions: Degrees must be from recognized institutions by UGC, Government of India, or approved regulatory bodies.
  2. 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%.
  3. 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

CategoryFee (INR)
General/OBC/EWS1100
SC/ST/PwBD175

Salary Structure

The pay scale and approximate gross salary are outlined below:

PostPay Scale (INR)Approx. Gross Salary (INR)
Assistant Manager44,500 – 89,1501,00,000
Manager55,200 – 99,7501,15,000

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.

SectionTypeNumber of QuestionsMaximum MarksTimeRemarks
English LanguageObjective3030120 MinutesBilingual, except for the English Language section.
Reasoning AptitudeObjective2525
Quantitative AptitudeObjective2525
Computer KnowledgeObjective2020
General Awareness (Banking Focus)Objective2020Focus on Banking, Financial Sector, and Current Affairs
MSME Policy & Regulatory FrameworkObjective3030Includes Finance and Management topics related to MSMEs
Stream-Specific TestObjective5050Questions based on stream expertise.
Total200200120 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

PaperTypeNumber of QuestionsMarksTimeSyllabus Highlights
Paper I: English LanguageDescriptive37575 MinutesEssay writing, précis writing, comprehension, and business correspondence.
Paper II: MSME & FinanceObjective + Descriptive50 (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.
PaperTypeNumber of QuestionsMarksTimeSyllabus Highlights
Paper I: English LanguageDescriptive37575 MinutesEssay writing, précis writing, comprehension, and business correspondence.
Paper II: Law KnowledgeObjective + Descriptive50 (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

PaperTypeNumber of QuestionsMarksTimeSyllabus Highlights
Paper I: English LanguageDescriptive37575 MinutesEssay writing, précis writing, comprehension, and business correspondence.
Paper II: IT KnowledgeObjective + Descriptive50 (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

  1. General Awareness:
    • Focus on the banking and financial sector, including MSME regulations, government policies, and economic developments.
  2. 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.
  3. Penalty for Wrong Answers:
    • For objective questions, 1/4th marks are deducted for every incorrect answer.

How to Apply

Follow these steps to apply:

  1. Visit official website.
  2. Register using your email and mobile number.
  3. Fill out the application form with accurate details.
  4. Upload scanned documents, including a photograph and signature.
  5. Pay the required application fee.
  6. Submit and download the confirmation receipt for reference.

Exam Dates and Admit Card

EventDate
Admit Card Release (Tentative)December 15, 2024
Phase I ExamDecember 22, 2024
Phase II ExamJanuary 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:

  1. Phase I Exam: Preliminary screening.
  2. Phase II Exam: Mains with objective and descriptive tests.
  3. 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.
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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.

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