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The Small Industries Development Bank of India (SIDBI) has announced the commencement of its recruitment process for the year 2023. The SIDBI Grade A recruitment is for the position of Assistant Manager (Grade A), with a total of 50 vacancies available. The SIDBI Grade A 2023 Notification for the recruitment was released on the bank’s official website, sidbi.in, on November 8, 2023. Prospective candidates can submit their applications online, starting on the same date. The application window will remain open until November 28, 2023.
Candidates interested in applying are advised to familiarize themselves with the recruitment procedure in detail. This includes understanding the eligibility criteria, selection process, required experience, salary structure, and other relevant information. Please refer to the official notification for comprehensive details.
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SIDBI Grade A Notification 2023 Out
An official announcement has been made regarding the availability of positions for Officers in Grade- A (General Stream). The official notification for SIDBI Grade A recruitment was released on the bank’s official website, [https://www.sidbi.in/], on November 8, 2023.
For those interested, a direct link to download the SIDBI Grade A Notification PDF is provided below. By clicking on this link, candidates can access comprehensive details about the SIDBI Assistant Manager Recruitment process. Please ensure to read all the details thoroughly before proceeding with your application.
SIDBI Grade A Recruitment 2023
Here are the key details for the SIDBI Grade A Recruitment 2023:
|Organisation||Small Industries Development Bank of India|
|Post Name||Assistant Manager (Grade-A)|
|Online Registration||8th to 28th November 2023|
|Selection Process||Psychometric Test, Group Discussion and Interview|
|SIDBI Salary||Rs. 90,000/- per month|
Please note that the selection process involves a psychometric test followed by a group discussion and an interview. The selected candidates will receive a monthly salary of Rs. 90,000/-.
Important Dates for SIDBI Grade A Recruitment 2023
Here are the important dates for the SIDBI Grade A Recruitment 2023:
|SIDBI Grade A Notification 2023 Release||8th November 2023|
|SIDBI Grade A Online Application Begins||8th November 2023|
|Last date to apply online for SIDBI Grade A||28th November 2023|
|Last date to pay the application fee||28th November 2023|
|Last date to print the application form||13th December 2023|
|SIDBI Grade A GD & Interview||December 2023/January 2024|
Please note that the dates are subject to change and it’s always a good idea to check the official website for the most up-to-date information.
SIDBI Grade A Vacancy 2023
|SIDBI Grade A Assistant Manager Vacancy 2023|
Application Fee for SIDBI Assistant Manager Recruitment 2023
The SIDBI Assistant Manager Recruitment 2023 presents a great opportunity for candidates. The application fee for the SIDBI Grade A Recruitment 2023 has been clearly specified by the organization. Candidates belonging to the SC/ST/PwBD categories are required to pay a fee of Rs. 175/-. Meanwhile, candidates from the OBC, EWS, and General categories will need to pay Rs. 1,100/-. Please refer to the table below for more details.
|Category||Application Fee||Intimation Charges||Total Charges|
|Gen/ OBC/ EWS||Rs. 925/-||Rs. 175/-||Rs. 1100/-|
|SC/ST/ PwD||Nil||Rs. 175/-||Rs. 175/-|
SIDBI Assistant Manager Recruitment 2023 Eligibility Criteria
The eligibility criteria for the SIDBI Assistant Manager Recruitment 2023 are as follows:
Age Limit For the post of Assistant Manager Grade A, the age limit is set to not exceed 30 years as of November 08, 2023. This means that candidates born not earlier than November 09, 1993 are eligible to apply. Please note that there are age relaxations applicable for certain categories.
Educational Qualification Candidates interested in the Assistant Manager Grade ‘A’ position must meet the following educational qualifications:
- A Bachelor’s degree in any subject from a recognized University / Institution with a minimum of 60% marks (55% for SC/ ST / PwBD applicants) in aggregate. The degree must be from Universities / Institutions recognized by GoI / UGC.
- Alternatively, candidates can hold a CA / CS / CWA / CFA / CMA qualification.
- Candidates with a Bachelor’s degree in Law or Engineering with a minimum of 60% marks (55% for SC/ ST / PwBD applicants) in aggregate from Universities / Institutions recognized by GoI / UGC /AICTE are also eligible.
SIDBI Grade A Recruitment 2023 Salary
The Small Industries Development Bank of India (SIDBI) offers a competitive salary for the position of Assistant Manager. According to the SIDBI Grade A Recruitment 2023 notification, the approximate monthly salary is Rs. 90,000/-. The pay scale structure is as follows: 44500 – 2500(4) – 54500- 2850(7) – 74450 -EB -2850(4) – 85850 -3300(1) – 89150, spanning over 17 years. In addition to the base salary, selected candidates will also receive various benefits and allowances.
SIDBI Grade A Work Experience
Candidates should have a minimum of 2 years of experience in Scheduled Commercial Banks or All India Financial Institutions, specifically in the area of MSME lending (excluding personal loans, educational loans, vehicle loans, housing loans, etc.). Alternatively, candidates with 3 years of experience in systemically important NBFCs in MSME lending, non-individual lending, or corporate lending are also eligible.
SIDBI Grade A Recruitment 2023 Selection Process
The SIDBI Grade A Recruitment 2023 selection process involves several stages. Initially, a preliminary screening of the applications is conducted. Following this, an online Psychometric Test is administered. Candidates who successfully pass the Psychometric Test are then invited to participate in an interview round. The final selection of candidates is based on their performance in these stages.