SIDBI Recruitment 2024, Notification Out, Check Apply Online Process, Vacancy Details etc

By Jyotika Singh

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SIDBI Recruitment 2024

SIDBI Recruitment 2024: The Small Industries Development Bank of India (SIDBI) has released its SIDBI Recruitment 2024 notification to fill 72 vacancies for Grade A and Grade B positions in the General and Specialist streams. The application process is online and has started on November 8, 2024. The last date to submit the application is December 2, 2024. Interested candidates can apply through the official website, sidbi.in.

SIDBI Recruitment 2024 Overview

OrganisationSmall Industries Development Bank of India (SIDBI)
PostGrade A (Assistant Manager) & Grade B (Manager)
Vacancy72
Application ModeOnline
Application Fee₹1,100 (General/EWS/OBC) & ₹175 (SC/ST/PwBD)
Selection ProcessPhase I, Phase II, Interview
Official Websitesidbi.in

SIDBI Recruitment 2024: Vacancy Details

Grade A: Assistant Manager (50 Vacancies)

CategoryVacancies
UR23
EWS03
OBC14
SC06
ST04

Grade B: Manager (22 Vacancies)

StreamURSCSTOBCEWSTotal
General513110
Legal3126
IT31116

SIDBI Recruitment 2024: Eligibility Criteria

Age Limit

  • Grade A: 21 to 30 years (Born between November 8, 1994, and November 9, 2003).
  • Grade B: 25 to 33 years (Born between November 8, 1991, and November 9, 1999).

Educational Qualification

  • Grade A (General Stream):
    • Graduation in Commerce, Economics, Mathematics, Statistics, Business Administration, or Engineering with at least 60% marks (50% for SC/ST/PwBD).
    • Professional qualifications like CA, CS, CMA, or CFA are also acceptable.
    • MBA or PGDM from a recognized institution is valid.
  • Grade B (General Stream):
    • Graduation with 60% marks or post-graduation with 55% marks.
    • Five years’ experience in roles like corporate lending, credit appraisal, or financial consulting.
  • Grade B (Legal Stream):
    • Bachelor’s degree in Law with at least 50% marks (45% for SC/ST/PwBD).
    • Enrollment with the Bar Council of India.
  • Grade B (IT Stream):
    • Bachelor’s degree in IT, Computer Science, or related fields with 60% marks.

SIDBI Recruitment 2024: Selection Process

The selection process includes:

  1. Phase I: Preliminary Examination (Online).
  2. Phase II: Mains Examination.
  3. Interview: Final round for shortlisted candidates from Phase II.

SIDBI Grade A and B: Salary Structure

PostPay Scale
Grade A (Assistant Manager)₹44,500 – ₹89,150
Grade B (Manager)₹55,200 – ₹99,750

The annual salary ranges for Grade A and B positions are approximately ₹19 Lakh – ₹21 Lakh and ₹23.5 Lakh – ₹26 Lakh, respectively.

Steps to Apply for SIDBI Recruitment 2024

  1. Visit the official website: Go to sidbi.in.
  2. Click on Recruitment Link: Find the link for SIDBI Recruitment 2024.
  3. Register Yourself: Fill in your personal details to create an account.
  4. Fill Application Form: Enter educational and professional details as required.
  5. Upload Documents: Attach scanned copies of your photograph, signature, and certificates.
  6. Pay Application Fee: Complete payment through online modes such as credit/debit cards or internet banking.
  7. Submit and Save: Submit the form and download a copy for reference.

SIDBI Exam Pattern 2024

The SIDBI Exam Pattern 2024 consists of two phases: Phase 1 and Phase 2, tailored to different streams and grades (Grade A and Grade B). Below are the details for each phase and stream.


SIDBI Phase 1 Exam Pattern 2024

  • The Phase 1 exam is an online test with multiple-choice questions (MCQs).
  • Subjects include Reasoning, English Language, Quantitative Aptitude, General Awareness, MSME topics, and Stream-Specific Tests.
  • A total of 200 questions will be asked, carrying 200 marks in a duration of 2 hours (120 minutes).
  • Negative marking: 1/4th mark deducted for each incorrect answer.
  • Marks in General Awareness, MSME, and Stream-Specific Tests will be considered for shortlisting candidates for Phase 2.
SubjectsNo. of QuestionsMarksDuration
English Language3030120 minutes
Reasoning Aptitude2525
Quantitative Aptitude2525
Computer Knowledge2020
General Awareness (Banking, Financial Sector, Economic & Social Issues)2020
MSME: Policy, Regulatory and Legal Framework, Finance, Management3030
Stream-Specific Test5050
Total2002002 hours

SIDBI Phase 2 Exam Pattern 2024

Grade A and B (General Stream)

  • Paper 1: English Language (Descriptive) with three questions for 75 marks (75 minutes).
  • Paper 2: MSME-focused topics (Objective) with 50 questions for 75 marks (60 minutes) and a Descriptive section with four questions for 50 marks (75 minutes).
  • The difficulty level varies between Grade A and B.

Grade B (Legal Stream)

  • Paper 1: English Language (Descriptive) with three questions for 75 marks (75 minutes).
  • Paper 2: Law-specific topics (Objective) with 50 questions for 75 marks (60 minutes) and a Descriptive section with four questions for 50 marks (75 minutes).

Grade B (IT Stream)

  • Paper 1: English Language (Descriptive) with three questions for 75 marks (75 minutes).
  • Paper 2: IT-specific topics (Objective) with 50 questions for 75 marks (60 minutes) and a Descriptive section with four questions for 50 marks (75 minutes).

SIDBI Phase 2 Syllabus

Below is the syllabus for the Phase 2 examination, presented in tabular format for clarity:

StreamTopics
General (Grade A and B)MSME financing (Due Diligence/KYC, Financial ratios, Assessment of Term Loan/Working Capital, Documentary credit, NPA recovery, NBFC Financing, Credit Risk Assessment).
Legal (Grade B)Constitutional Law, Administrative Law, Contract Act, Transfer of Property Act, Negotiable Instruments Act, Registration Act, Bharatiya Nyaya Sanhita, SARFAESI, RTI Act, Limitation Act, IBC 2013, and Legal Drafting.
IT (Grade B)Introduction to Software, Programming (C, C++, Java, Python), Data Structures, Systems Analysis, Numerical Computing, Data Communication, Network Security, IoT, Mobile Computing, AI/ML, Cybersecurity, Big Data Analytics, and Data Visualization.

Application Fee

CategoryApplication FeeTotal Fee
General/EWS/OBC₹925 + ₹175₹1,100
SC/ST/PwBD₹0 + ₹175₹175

Important Dates

EventDate
Notification Release DateNovember 8, 2024
Application Start DateNovember 8, 2024
Application End DateDecember 2, 2024
Phase I Exam DateDecember 22, 2024

Important Links

DescriptionLink
Official WebsiteVisit Now
Our HomepageClick Here

FAQs: SIDBI Recruitment 2024

Q1. What is the last date to apply for SIDBI Recruitment 2024?

The last date to apply is December 2, 2024.

Q2. What is the application fee for SIDBI Recruitment 2024?

The application fee is ₹1,100 for General/EWS/OBC candidates and ₹175 for SC/ST/PwBD candidates.

Q3. What is the selection process for SIDBI Grade A and B?

The selection process includes Phase I (Preliminary Exam), Phase II (Mains Exam), and an Interview.

Q4. What is the age limit for Grade A and Grade B positions?

Grade A: 21 to 30 years.
Grade B: 25 to 33 years.

Jyotika Singh

Jyotika Singh is an adaptable creative professional with expertise in both writing and graphic design. She creates exam-related topics such as admit cards, answer keys, and result announcements and also creates eye-catching visuals that connect audiences with the content. Her combined skills in words and visuals allow her to effectively deliver exceptional solutions.

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