SIDBI Bank Recruitment 2024: Apply Online for 72 Assistant Manager Posts

SIDBI Recruitment of Assistant Manager Grade A 2024: The Small Industries Development Bank of India (SIDBI) invites online applications from dynamic and ambitious Young bachelor’s Degree Holders for recruitment of Officers / Assistant Manager Grade ‘A’ and Grade ‘B’ – General and Specialist Stream 2024 for fill up 72 vacancies. Eligible candidates should apply online only @ SIDBI Online Application portal from 8th November 2024. The last date for registration of online applications is 2nd December 2024.

SIDBI Bank Recruitment 2024 – Notification Overview

Name of the Post

Assistant Manager Grade ‘A’ and Grade ‘B’

Total Vacancies

72

Age Limit

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

Pay Scale

Grade A: ₹ 44500 – 89150/-, Grade B: ₹ 55200 – 99750/-

Educational Qualification

Degree, Post Graduate

Selection Process

Examination, Interview

Closing Date

02/12/2024

Job Location

Across India

SIDBI Assistant Manager Vacancy 2024:

Name of Post

Total Vacancies

Assistant Manager Grade ‘A’ – General Stream

50

Assistant Manager Grade ‘B’ – General

10

Assistant Manager Grade ‘B’ – Legal

06

Assistant Manager Grade ‘B’ – IT

06

SIDBI Assistant Manager Age Limit:

✔ Grade A: Not below 21 years and not exceeding 30 years
✔ Grade B: Not below 25 years and not exceeding 33 years
✔ The upper age relaxation – 05 years for SC / ST, 03 years for OBC (NCL), 10 years for PwBD and 05 years Ex-servicemen and Persons affected by 1984 riots

SIDBI Assistant Manager Pay Scale:

✔ Assistant Manager Grade ‘A’ – General Stream [₹ 44500 – 2500(4) – 54500 – 2850(7) – 74450 -EB – 2850(4) – 85850 – 3300(1) – 89150 (17 years)] ₹ 1,00,000/ – approx.
✔ Manager Grade ‘B’ – General and Specialist Stream [₹  55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years)] ₹  1,15,000/- approx.

SIDBI Assistant Manager Eligibility Criteria:

Assistant Manager Grade ‘A’ – General Stream:

(1) Graduation in Commerce/ Economics/ Mathematics / Statistics/ Business Administration/ Engineering (OR) Company Secretary (CS) / Certified Management Accountant (CMA/ ICWA)/ Chartered Financial Analyst (CFA) (OR) Chartered Accountant (CA) (OR) MBA/ PGDM [in Any Discipline.
(2) At least 02 years’ experience.

Assistant Manager Grade ‘B’ – General:

(1) Graduation in any discipline / equivalent technical or professional qualification (OR) Post-Graduation in any discipline / Equivalent technical or professional qualification.
(2) At least 05 years’ experience.

Assistant Manager Grade ‘B’ – Legal:

(1) Bachelor’s degree in law (BL).
(2) Enrolled as an advocate with the Bar Council of India.
(3) At least 05 years’ work experience.

Assistant Manager Grade ‘B’ – IT:

(1) B.E. / B.Tech in Computer Science/Computer Technology/ Information Technology/ Electronics/ Electronics & Communications (OR) MCA.
(2) At least 05 years’ experience.

SIDBI Assistant Manager Application Fee:

✔ ₹ 175/- for SC / ST / PwBD category candidates.
✔ ₹ 1100/- for General and OBC category candidates.
✔ No fee for Staff candidates.
✔ The fee can be made through online payment mode.

SIDBI Assistant Manager Selection Process:

The SIDBI Assistant Manager selection process includes three stages:-

Phase I: Online screening exam with one paper (7 sections, total 200 marks).
Phase II: Online exam with two papers (total 200 marks).
Phase III: Interview (100 marks), including up to 25% for notable extracurricular achievements, awards, or recognition in service (subject to documentary evidence).

How to Apply SIDBI Assistant Manager Recruitment?

➢ Eligible candidates can apply online only through SIDBI’s Online Application Portal.
➢ The candidates should upload scanned copy of Photograph, Signature, Left thumb impression, a hand written declaration and other required documents.
➢ The last date for registration of online applications is 02/12/2024 (Monday) up to 11:59 Hours.

✅ Important Links:

SIDBI Assistant Manager Important Dates:

Opening for Online Registration and payment of application fees: November 08, 2024
Closing of Online Registration and payment of application fees: December 02, 2024
Tentative Date of Online examination (Phase I): December 22, 2024
Tentative Date of Online examination (Phase II): January 19, 2025
Tentative schedule of Interview: February 2025

SIDBI Assistant Manager 2024


FAQs about SIDBI Assistant Manager 2024:

What is last date for apply SIDBI Assistant Manager recruitment in 2024?

2nd December 2024.

What is the total number of vacancies for the SIDBI Assistant Manager recruitment in 2024?

A total of 72 vacancies are available for the Assistant Manager positions across various streams:

Grade A – General Stream: 50 vacancies
Grade B – General: 10 vacancies
Grade B – Legal: 6 vacancies
Grade B – IT: 6 vacancies

What are the educational qualifications required for SIDBI Assistant Manager recruitment?

Grade A – General Stream: Graduation in Commerce, Economics, Mathematics, Statistics, Business Administration, Engineering, or equivalent professional qualifications (e.g., CA, MBA, CFA).
Grade B – General: Graduation or Post-Graduation in any discipline or equivalent technical qualification.
Grade B – Legal: Bachelor’s degree in law (BL) and enrolled as an advocate with the Bar Council of India.
Grade B – IT: B.E./B.Tech in Computer Science, Information Technology, Electronics, or MCA.

What is the selection process for the SIDBI Assistant Manager recruitment?

The selection process involves:

Phase I: Online screening examination (200 marks)
Phase II: Online examination (2 papers, 200 marks)
Phase III: Interview (100 marks), which includes up to 25% marks for notable extracurricular achievements (documentary evidence required).

What is the pay scale for the SIDBI Assistant Manager positions?

Grade A: ₹44,500 – ₹89,150 per month (approx. ₹1,00,000/-).
Grade B: ₹55,200 – ₹99,750 per month (approx. ₹1,15,000/-).

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