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SIDBI Grade B Notification 2024 Out for 22 Manager Posts, Official PDF

Small Industries Development Bank of India (SIDBI) has invited online applications from eligible candidates for the recruitment of 22 vacancies of Manager (Grade B) in the General and Specialist Streams. The selection of the candidates for Grade B posts is based on a three-phase selection process which are Phase I (Online Screening Exam), Phase II (Online Examination), and Phase III (Interview). The online application process for SIDBI Grade B Exam 2024 has been started at https://www.sidbi.in/ from 8th November 2024 onwards. For detailed information regarding the recruitment drive refer to the complete article.

SIDBI Grade B Notification 2024 Out

The SIDBI Grade B Notification 2024 PDF has been released on 8th November 2024 at the official website https://www.sidbi.in/ along with complete details including vacancy, important dates, eligibility, exam pattern etc. The notification has been released for Grade ‘B’ Manager posts in the General and Specialist Stream. Candidates can download the notification pdf from the overview table and go through the information before applying.

SIDBI Grade B Recruitment 2024- Highlights

The Small Industries Development Bank of India (SIDBI) is a financial institution that promotes, finances and develops micro, small, and medium enterprises (MSMEs) in India. The SIDBI invites online applications from interested candidates for the Manager Posts on a deputation basis. Have a look at the overview details from the table below.

SIDBI Grade B Recruitment 2024
Exam Details
Organization – Small Industries Development Bank of India (SIDBI)
Post Name – Manager Posts in Grade ‘B’ (General and Specialist Stream)
Mode of Application – Online
Official Website – https://www.sidbi.in/
Important Dates
Notification Release Date – 8th November 2024
Apply Online Starts – 8th November 2024
Last Date to Apply Online and Pay fee- 2nd December 2024
Phase 1 Exam Date- 22nd December 2024
Phase 2 Exam Date- 19th January 2025
Eligibility
Educational Qualification – Graduation
Age Limit – 25 to 33 years
Vacancies
22
Selection Process
Phase I (Online Screening Exam), Phase II (Online Examination), Phase III (Interview)
Application Fees
Gen/ OBC/ EWS – Rs. 1100/-
SC/ST/ PwD – Rs. 175/-
Important Links
SIDBI Grade B Recruitment 2024 Notification
SIDBI Grade B 2024 Apply Online Link
Others 
Pay Scale – Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years)]

SIDBI Grade B Vacancy 2024

A total of 22 vacancies for Manager Posts in Grade ‘B’ (General Stream) have been released by SIDBI under SIDBI Recruitment 2024. Out of the total vacancies, 10 are released for General, 6 for Legal and 6 for IT stream.

sidbi-vacancy-gradea-b

SIDBI Grade B 2024 Online Application Form

The online application process for SIDBI Grade B 2024 has been started from 8th November 2024 onwards on the official website Small Industries Development Bank of India (SIDBI) https://www.sidbi.in/. To avoid last-minute technical glitches candidates are advised to submit their application forms before the last date arrives which is 2nd December 2024.

SIDBI Grade B 2024 Application Fee

Candidates are required to pay an application fee while submitting the application form. The Non-Refundable fee will be paid online payment gateway through Debit Cards (RuPay / Visa / Master Card / Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.

Category Application Fee Intimation Charges Total Charges
Gen/ OBC/ EWS Rs. 925/- Rs. 175/- Rs. 1100/-
SC/ST/ PwD Nil Rs. 175/- Rs. 175/-
Staff Candidates Nil Nil Nil

SIDBI Grade B Recruitment 2024 Eligibility Criteria

Candidates should go through the detailed notification pdf to ensure that they fulfill the required eligibility for SIDBI Grade B posts.  Check required eligibility in terms of education qualification and age limit from here.

Educational Qualification (as on 8/11/2024)

Candidates must have completed their graduation from any stream from the recognized university and board. Check SIDBI Officer-wise educational qualification from the table below.

Stream Educational Qualification  Work Experience
General
  • Candidates must have completed thier Graduation in any discipline /Equivalent technical or professional qualification with a minimum of 60% marks (50% for SC/ST/PwBD applicants)
  • Post-graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.
  • At least Five years of experience as
    an officer (permanent) in:
    (a) Reserve Bank of India (RBI),
    Securities and Exchange Board of
    India (SEBI). (OR)
    b) All India Financial Institutions –
    Export-Import Bank of India (EXIM
    Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI
    (c) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934 OR
    (d) NBFCs registered with RBI
Legal
  • Bachelor’s degree in law from any University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with a minimum of 50% (45% for SC/ST and PwBD candidates, if vacancies are reserved for them) marks or equivalent in the aggregate of all semesters/years and enrolled as an advocate with the Bar Council of India.
  • Desirable: Candidates who possess a Master’s Degree in Law / Company Secretary (CS) Qualified will be preferred and have Proficiency in computer applications.
  • At least Five years’ work experience, post bachelor’s degree in law, as a Law Officer [permanent / on full time direct contract (not outsourced)] in the Legal Department of:
    (a) Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI) OR
    (b) Any All-India Financial Institution like – Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI. (OR)
    (c) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934. (OR)
    (d) Central Public Sector Enterprises (CPSEs) (OR)
    (e) NBFCs registered with RBI
Information Technology
  • Bachelor’s degree in engineering /
    technology in Computer Science/ Computer Technology/ Information Technology/ Electronics/ Electronics & Communications from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with 60% marks (SC/ST/PWBD applicants 55%) in aggregate.
  • MCA from a University/ Institution,
    recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with 60% marks (SC/ST/PWBD applicants 55%) in
    aggregate.
  • At least Five years experience in Information Technology as an IT/ System officer [permanent / on full-time direct contract (not outsourced)] in
    (a) All India Financial Institution –
    Export-Import Bank of India (EXIM
    Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI. (OR)
    (b) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934. (OR)
    (c) Listed Companies. (OR)
    (d) NBFCs registered with RBI

Age Limit (as on 8/11/2024)

To be eligible to apply online for SIDBI Grade B Recruitment 2024, the candidate’s age must be at least 25 and not more than 33 as of 8/11/2024. Candidates born not earlier than 08.11.1991 and not later than 09.11.1999 [both days including] are only eligible to apply.

Category Age Relaxation
Scheduled Caste/Scheduled Tribe 5 years
Other Backward Classes(OBC), Non-Creamy layer (OBC-NCL) 3 years
PWD (person with disabilities)(General) 10 years
PWD (person with disabilities) (SC/ST) 15 years
PWD (person with disabilities) (OBC) 13 years
Ex-Service-men/ Disabled Ex-Service-men 5 years
Persons affected by 1984 riots 5 years

SIDBI Grade B Recruitment 2024 Selection Process

Selection of the candidates for Manager Posts in Grade ‘B’ (General Stream) will be based on 3 phases of the selection process. Phase I (Online Screening Exam), Phase II (Online Examination), and Phase III (Interview) The interview can be held either online or face-to-face.

  • Phase I (Online Screening Exam)
  • Phase II (Online Examination)
  • Phase III (Interview)

SIDBI Grade B Exam Pattern 2024

Candidates who are going to appear for SIDBI Grade B 2024 must know the exam pattern to prepare in the right direction. We have discussed below the SIDBI Grade B Exam Pattern 2024 for Phase 1 and Phase 2 exams.

SIDBI Grade B Exam Pattern 2024- Phase 1

SIDBI Grade B Exam Pattern 2024
Subjects No. of Questions Total Marks Time Duration
English Language 30 30 120 minutes
Reasoning Aptitude 25 25
Quantitative Aptitude 25 25
Computer Knowledge 20 20
General Awareness (With special reference to Banking and Financial Sector and Economic and Social Issues) 20 20
MSMEs: Policy, Regulatory and Legal Framework; Finance and Management (with focus on MSME) 30 30
Stream Specific Test 50 50
Total 200 200

SIDBI Manager Grade B Salary 2024

All the provisionally selected & joined candidates for the Manager Posts in Grade ‘B’ (General Stream) will be offered pay scale of Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years). Along with a monthly stipend candidates will be provided Other benefits including house allowance, transport/conveyance, LFC medical benefits etc. The per month salary is approximately Rs. 1,15,000/- per month.

Post Name Salary
Manager Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years)

SIDBI Manager Grade B Exam Centre 2024

The SIDBI Manager Grade B online examination for Phase I will be held at the following Centres:

State Name Exam Centre
Andhra Pradesh Vijayawada/Guntur, Visakhapatnam, Kurnool, Rajahmundry, Guntur
Arunachal Pradesh Naharlagun
Assam Guwahati, Dibrugarh
Bihar Darbhanga, Patna, Muzzafarpur, Bhagalpur,
Chandigarh Chandigarh – Mohali
Chhaƫsgarh Raipur, Bhilai, Bilaspur (CG)
Dadra and Nagar Haveli & Daman and Diu Surat
Delhi Delhi NCR
Goa Panaji
Gujarat Ahmedabad, Rajkot, Surat, Vadodara
Haryana Faridabad, Gurugram, Ambala
Himachal Pradesh Shimla, Hamirpur
Jammu and Kashmir Jammu & Samba, Srinagar
Jharkhand Dhanbad, Ranchi, Jamshedpur
Karnataka Bengaluru, Belgavi, Mysore, Hubli, Gulbarga
Kerala Thiruvananthapuram, Ernakulam, Kozhikode
Ladakh Leh
Madhya Pradesh Bhopal, Indore, Jabalpur
Maharashtra ChhatrapaƟ Sambhajinagar (Aurangabad), AmravaƟ, Kolhapur, Nanded, Mumbai/ Navi Mumbai/Thane, Nagpur, Nashik, Pune
Manipur Imphal
Meghalaya Shillong
Mizoram Aizwal
Nagaland Kohima
Odisha Bhubaneshwar, CuƩack, Rourkela, Dhenkanal
Puducherry Puducherry
Punjab Amritsar, Jalandhar, BhaƟnda, PaƟala, Ludhiana
Rajasthan Jaipur, Jodhpur, Kota, Ajmer
Sikkim Gangtok
Tamil Nadu Chennai, Coimbatore, Madurai, Thiruchirapalli, Salem
Telangana Hyderabad, Warangal, Karimnagar
Tripura Agartala
Uttarakhand Dehradun, Haldwani, Roorkee
Uttar Pradesh Agra, Prayagraj, Ghaziabad, Kanpur, Lucknow, Ayodhya, Meerut, Varanasi, Gorakhpur, Moradabad, Noida
West Bengal Kolkata/Greater Kolkata, Asansol
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SIDBI Grade B Notification 2024- FAQs

Yes, SIDBI Grade B Notification 2024 has been released on 8th November 2024 on the official website https://www.sidbi.in/.

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