Banking Job Alert 2024: This free employment news Blog delivers the latest recruitment updates of the SIDBI grade A and B post-2024. Read in this portal all about the eligibility, vacancies, last date to apply, application procedures, preparation tips, application fee details, etc.
The Small Industries Development Bank of India has invited eligible candidates in India for the Group A and B post-general and specialist streams.n Eligible candidates can apply for this recruitment at the official website (www.sidbi.in) of the SIDBI online before 2/12/2024. For any help regarding the registration or any other, candidates may also contact at website www.cgrs.ibps.in.
Important Dates of SIDBI Grade A and B Recruitment 2024
| Start date of Registration or payment of fees | 08/11/2024 |
| Last date of Online registration or Closing of payment fees | 02/12/2024 |
| The cutoff date to determine eligibility criteria for age | 08/11/2024 |
| Educational qualification eligibility criteria determining the last date | 02/12/2024 |
| Phase I online examination date | 22/12/2024 |
| Phase II online exam | 19/01/2024 |
| Interview date | February 2025 |
Vacancies Details
The total number of vacancies detail for The grade A and B stream is as follows
| Grade | Stream | No of vacancies |
| A | General | 50 |
| B | General | 10 |
| B | Legal | 10 |
| B | Information Technology | 6 |
| Total Number of vacant post | 72 | |
What is the age limit to apply for SIDBI grade A and B posts?
The maximum and minimum age limit details to apply for the SIDBI grade A and B post are as follows
| Grade | Minimum Age | Maximum Age |
| A | 21 years | 30 years |
| B | 25 Years | 33 years |
Relaxation of Age details
The age relaxation details for various categories are as follows
| Category | No of years relaxed |
| Scheduled caste/Scheduled tribe | 5 years |
| OBC(Non creamy layers) | 3 years |
| PWbD(UR -EWS) | 10 years |
| PWbD(OBC) | 13 years |
| PWbD (SC/ST) | 15 years |
| Ex-Servicemen | 5 years |
| Person affected by 1984 riots | 5 years |
Educational Qualification Requirements
| Post Name | Stream | Age limit (Max) | Educational qualification requirement | Minimum post-qualification work experience requirement |
| Assistant Manager Grade A | General | 30 years | Graduate in commerce/economics/ maths/statistics/business administration/engineering with 60% marks(50% for SC/ST/PWbD) OR CS(Company secretary)/CMA/ICWA/CFA OR CA Chartered Accountant MBA/[GDM | Graduation in commerce/maths/economics/statistics/business administration with Minimum 60%marks(50 % for SC/ST/PwBD) OR CS/CMA/ICWA/CFA certified Essential: 2 years experience in Credit dispensation in MSME (Visit the official website of SIDBI for more information) |
| Manager Grade B | General | 33 years | Graduation with 60% (50% for SC/ST/PwBD ) | Essential: At least 5 years experience as an officer permanent in RBI/SEBI/EXIM/NABARD/NHB/NaBFID/SIDBI/Scheduled commercial bank/NBFC (See the official notification for more info) |
| Manager Grade B | Legal | 33 years | Bachelor’s degree in law from any university/institution recognized by UGC or Govt of India with 50% marks (45% for SC/ST and PwBd applicant | At least 5 years of Work Experience, PosT bachelor’s degree I Law as law officer permanent /full-time direct contracting the legal dept of RBI/SEBI/EXIM/NABARD/NHB/Scheduled commercial bank/CPSEs/NBFCs (See the official notification for more details) |
| Manager Grade B | Information Technology | 33 | Bachelor’s degree in engineering/technology in computer science/computer technology/IT/electronics/ECE with 60% marks for General and OBC while 55% for SC/ST/PwBD candidates OR MCA with 60 % for UR and OBC while 55% for SC/ST/PwBD | At least 5 years experience in Information technology as an IT System officer in EXIM/NABARD/NHB/NaBHD /scheduled commercial bank/listed companies/NBFCs registered with RBI (See the official notification for more details) |
Selection procedure and subjects to prepare
The selection procedure of the various posts of SIDBI includes two stages i.e. Phase I, Phase II, and Phase III. The Phase I exam comprises one paper of 7 sections that carries a total of 200 marks, the Phase II exam consists of 2 papers of 200 marks and Phase 3 consists of an interview of 100 marks.
The details for the Phase I exam is as follows
| Test Name | Type | No of questions | Max Marks | Time |
| English | MCQ | 30 | 30 | 2 HOURS |
| Reasoning Aptitude | MCQ | 25 | 25 | |
| Quantitative aptitude | MCQ | 25 | 25 | |
| General Awareness | MCQ | 20 | 20 | |
| MSME policy, regulatory and legal framework, finance and management | MCQ | 20 | 20 | |
| Stream Specific | MCQ | 50 | 50 | |
| Computer knowledge | MCQ | 20 | 20 |
Stream-specific syllabus details
| Stream | Subjects |
| General Grade A and B post | MSME financing ,NPA and recovery, NBFC financing, Credit risk assessment |
| Legal Grade B | GK of law, constitutional law, administrative law, principles of statutory interpretation, contract act 1872, transfer of property act1882, negotiable instrument act 1881, registration act 1908, Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita, Bharatiya Sakshya abhinaya, legal drafting, RDB act,1993, SARFAESI 2002, RTI act, Limitation act, IBC, etc |
| IT grade B | Domain specific knowledge in IT/Industry/technical skill assessment, coding, database management, networking, security, AI/ML, system design, Architecture |
Details for Phase II exam for assistant manager Grade A Gneral stream and manager Grade B General stream
| Paper | Test Name | Type of Paper | No of Question | Max Marks | Duration |
| Paper I | English language : essay, precis writing, comprehension, business/office correspondence | Descriptive online | 3 | 75 | 75 minutes |
| Paper II | MSME: Policy, regulatory and legal framework, finance and m, management, NPA and recovery; NBFC; Creedit risk assessment | MCQ | 50 | 75 | 60 min |
| Paper II | Investment banking, merchant banking, equity, alternative investment funds,ARCs, Promotion and developmental MSME in India | Online descriptive | 10 | 50 | 75 minutes |
Details of Phase II Manage Grade B legal exam
| Paper | Test Name | Type of Paper | No of question | Max Marks | Duration |
| Paper I | English language | Online descriptive | 3 | 75 | 75 minutes |
| Paper II | GK of law | MCQ | 50 | 75 | 60 minutes |
| Paper II | General knowledge of Law | Online descriptive | 6 | 50 | 75 minutes |
Details of Phase II exam for manager GradeB IT
| Paper Name | Subjects | Type of paper | Number of Questions | Max Marks | Time |
| Paper I | Englihs Language | Descriptive online | 3 | 75 | 75 min |
| Paper II | Intro to software, computer fundamentals, data structure, file structureProgramming through C, C++, Java, and python, system analysis, | Online Objective | 50 | 75 | 60 |
| Online descriptive | 10 Questions | 50 | 75 |
Application Fee details
The various application fee details for various categories inclusive of GST is as below
| Category | Application fee | Intimation charge | Total charge |
| SC/ST/PwBD | Nil | 175 Rs | Rs 175 |
| UR/OBC/EWS | Rs 925 | Rs 175 | Rs 1100 |
| Staff candidates | Nil | Nil | Nil |
How to apply?
Eligible candidates willing to apply for the various posts of SIDBI recruitment in 2024 may visit the official website. Before applying the application form online, make sure the candidate has a photograph of 4.5 cm x 3.5 cm,a signature not in capital letters, a hand thumb impression, and a declaration written by hand.
To apply follow the steps below
- Visit the website www.sidbi.in, find the APPLY ONLINE link, click on it
- The second step is to click on the tab “new registration“, then enter your name, contact details, and email id. After this, a provisional registration number and password will be sent to you via email or SMS and it will also be displayed on the screen. Candidates need to note down the registration number and password.
- After this log in again and enter the full details, like the father’s name, educational qualification uploaded photo and signature, declaration written by hand, etc.
- Review the application before the submission then click on Complete Registration
- After this step click on the payment button to pay the fees online and submit it.
Examination center city list
| Vijayawada,kurnool,Guntur, rajahmundry | Naharlagun | Guwahati, Dibrugarh | Darbhanga ,Muzzafarpur, patna, bhagalpur | Shillong |
| Bhopal,Indore ,Jabalpur | Chatrapati sambhajinagar,Amravati,navi Mumbai, Pune,Nashik,Thane | Imphal | Chandigarh | Aizawl |
| Kohima | Raipur, Bhilai,bilaspur | Kohima | Surat | Bhubaneshwar, Cuttack, Rourkela, Dhenkanal |
| Puducherry | Delhi NCR | Amritsar, jalandhar, Bhatinda,patiala,Ludhiana | Jaipur,jodhpur,kota, ajmer | Gangtok |
| Panaji | Ahmedabad, rajkot,Surat,Vadodara | Faridabad . gurugrasm,Ambala | Chennai, Coimbatore,madurai,thiruchirapalli,Salem | Agartala |
| Leh | Kolkata, greater asansol | Agra, Prayagraj, Ghaziabad, Kanpur, Lucknow, Ayodhya, Meerut, Varanasi, Gorakhpur, Noida, Moradabad | Bengaluru, Belagavi, Mysore, Hubli, Gulbarga | Dhanbad, Ranchi, Jamshedpur |
| Shimla, Hamirpur | Dhanbad, Ranchi, Jamshedpur | Thiruvananthapuram, Ernakulam,Kozhikode | Hyderabad, Warangal, Karimnagar | Raipur,Bhilai, Bilaspur |
| Naharlagun Arunachal poradesh | Delhi NCR | Shimla Hamirpur | Dehradun, Haldwani, Roorkee | Jammu and Smaba, Srinagar |
How to prepare for SIDBI grade A and B recruitment 2024?
To prepare for the SIDBI Grade A and B recruitment, aspirants can follow these useful preparation strategies as follows
- Understand well the exam topics exam pattern and syllabus
- Keep focussing on banking, finance, and economic topics
- Try improving quantitative aptitude, reasoning, and English language skills
- The practice also mock tests, previous years’ question papers
- Stay updated with recent current affairs related to MSME (Micro small medium enterprise)
- Develop Knowledge of SIDBI functions, objectives, initiatives
- Practice problem-solving and analytical skills
- Magem time and create study plan also
- Daily revision of weak topics, previous year questions, etc
Recommended book list for preparation fo SIDBI Grade and Grade B post-recruitment 2024
The list of the names of the recommended books for preparation for SIDBI bank recruitment for grade A and B posts are as follows
| General Awareness | Quantitative aptitude | Reasoning | English Language | SIDBI related Books |
| Arihant Banking awareness | RS aggarwal Quantitative aptitude | RS aggarwal Logical reasoning | Wren and Martin English language | BankExmasToday SIDBI Officers exam guide |
| Disha Financial awareness | Arun Sharma Data interpretation | Arihant Reasoning ability | Disha English for bank exams | SIDBI assistant manager by Disha experts |
| Ramesh Economy for bank exams | Kiran Mathematics | MK Pandey Analytical reasoning | RS aggarwal IObjective general English | Small Industries Development Bank of India by Upkar |
Apart from these books, aspirants may also refer to online learning sites like the SIDBI official website, BankExamsToday, Oliveboard, TestBook, and Gradeup.
Conclusion
SIDBI Small Industries Development Bank of India provides great opportunities and a rewarding career for aspirants looking for jobs in the banking sector in India. We suggest candidates keep the focus on building a strong foundation in banking, finance, economy, Aptitude, etc to increase the chance of selection.
FAQs Frequently asked questions
Q1. What is SIDBI?
Answer: SIDBI stands for Small Industries Development Bank of India and is a financial institution focused on promoting and financing MSMEs (Micro small and medium enterprises in India)
Q2. What are the eligibility criteria for SIDBI recruitment?
The eligibility criteria for the SIDBI grade A and B post-2024 varies according to post. Wwe suigegst visit the official website to view ther fuill recruitmetn details
Q3. What is the salary structure of SIDBI Employees?
The salary varies depending on the post but in general, it ranges between 8-20 lakhs Yearly
Q4. What are the benefits of working at SIDBI?
Various benefits are working at SIDBI and some of the benefits are a competitive salary, allowances, medical benefits, leave travel, concession, opportunities for professional growth, etc.
Q5. How can I apply for SIDBI recruitment?
Candidates can apply SIDBI recruitment at it official website
Q6. Can I edit my application after submission?
No, you cannot edit the application once it is submitted
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