SIDBI Bank Grade A & B Recruitment 2024 Apply Now Online for 72 Post

The Small Industries Development Bank of India (SIDBI) has released a notification for recruitment to Grade A and B positions, aimed at qualified candidates across India. The SIDBI 2024 recruitment offers a substantial opportunity for those with relevant education and experience to apply for posts as Assistant Managers and Managers. Here’s an in-depth guide to help you understand the recruitment process, eligibility requirements, and how to apply.

Overview

Important Dates

Applicants must keep track of these key dates to ensure timely submission and preparation:

• Application Start Date: November 8, 2024
• Application End Date: December 2, 2024
• Last Date for Fee Payment: December 2, 2024
• Phase I Exam: December 22, 2024
• Phase II Exam: January 19, 2025

Position Details and Eligibility

The SIDBI 2024 recruitment offers two primary roles with different responsibilities and eligibility criteria:

Grade A: Assistant Manager (50 Posts)

• Educational Qualification: Bachelor’s degree in any stream with 60% marks (SC/ST/PH: 55%) or CA/CS/CWA/CFA/CMA or an LLB degree with 60% marks (SC/ST/PH: 50%).
• Experience: Relevant experience is preferable.
• Age Limit: Minimum 21 years, maximum 30 years as of December 2, 2024.

Grade B: Manager (22 Posts)

The Grade B positions are offered in three specialized domains:

• General (10 Posts):
  • Qualification: Bachelor’s degree with 60% marks (SC/ST/PH: 50%) or Master’s degree in any field with 60% marks (SC/ST/PH: 55%).
  • Experience: Minimum of 5 years of relevant experience.
• Legal (6 Posts):
  • Qualification: Bachelor’s degree in Law (LLB) with a minimum of 50% marks (SC/ST/PH: 45%) from a recognized university. Must be enrolled as an Advocate with the Bar Council of India.
  • Experience: 5 years of experience in legal practice.
• Information Technology (6 Posts):
  • Qualification: Bachelor’s degree in Engineering in fields such as Computer Science, IT, Electronics, or related disciplines with 60% marks (SC/ST/PH: 55%).
  • Experience: 5 years of experience in IT.
• Age Limit for Grade B: Minimum 25 years and maximum 33 years as of December 2, 2024.

Application Fees

The application fees for the SIDBI 2024 recruitment are categorized as follows:

• General/OBC/EWS: Rs. 1100
• SC/ST/PH: Rs. 175

Note: Fees must be paid online through debit/credit card or net banking.

Age Relaxation

SIDBI provides age relaxation in accordance with government regulations:

• SC/ST candidates: 5 years
• OBC candidates: 3 years
• PwD candidates: 10 years

Selection Process

The recruitment process for SIDBI Grade A & B positions involves the following stages:

1. Phase I Exam: Objective exam testing quantitative aptitude, reasoning, general awareness, and English language proficiency.
2. Phase II Exam: Subject-specific questions, particularly for managerial positions in IT and Legal.
3. Interview: Candidates who clear the written exams will be invited for an interview to assess their professional expertise, communication, and leadership abilities.

How to Apply

Follow these steps to successfully apply for the SIDBI 2024 recruitment:

1. Visit the official website: Go to the SIDBI official recruitment page.
2. Register: Create a new account by providing a valid email ID and contact number.
3. Fill Out the Application Form: Complete all sections, including personal details, academic qualifications, and experience.
4. Upload Documents: Prepare scanned copies of documents such as a recent photograph, signature, and ID proof.
5. Review and Submit: Check all the details thoroughly, as errors can lead to disqualification.
6. Fee Payment: Pay the application fee using debit/credit card or net banking.
7. Print Confirmation: After submitting the form, download and print the confirmation for future reference.

Exam Pattern and Syllabus

The exam structure for both Grade A and B includes sections that evaluate quantitative, analytical, and language skills. Here’s an outline:

Phase I Exam:

• Quantitative Aptitude: Tests analytical and mathematical ability.
• Reasoning Ability: Focuses on logical thinking and problem-solving.
• General Awareness: Covers current affairs, especially topics relevant to banking and finance.
• English Language: Assesses reading comprehension, vocabulary, and grammar.

Phase II Exam (Only for Grade B Positions):

Specialized questions related to the candidate’s area of expertise, such as Legal, IT, or Finance, ensuring they possess the professional knowledge required for managerial roles.

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Salary and Benefits

• Grade A (Assistant Manager): Approximate starting salary: ₹60,000 per month, including various allowances.
• Grade B (Manager): Approximate starting salary: ₹75,000 per month, inclusive of allowances.

SIDBI provides additional benefits such as medical insurance, housing facilities, leave travel concessions, and retirement benefits, making it a highly desirable opportunity.

Preparation Tips

Here are some tips to excel in the SIDBI recruitment exams:

• Know the Exam Pattern: Familiarize yourself with the types of questions asked in previous years.
• Current Affairs: Keep updated with recent developments in finance, banking, and government policies related to MSMEs.
• Practice Quantitative Aptitude: Regularly solve quantitative problems to improve speed and accuracy.
• Improve Communication Skills: Focus on clarity and articulation, as these skills are crucial for the interview phase.

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