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SIDBI Grade A Recruitment 2024: Are you aspiring to secure a prestigious position in the public sector? If so, here’s your chance! The Small Industries Development Bank of India (SIDBI) has announced the recruitment for Assistant Manager (Grade ‘A’) positions. Whether you are an experienced professional in finance, law, IT, or a fresh graduate, this opportunity could be the stepping stone to a rewarding government career.
In this guide, we’ll take you through all the essential details of the SIDBI Grade A Recruitment 2024, helping you understand the eligibility criteria, salary structure, selection process, and how to apply.
SIDBI Recruitment 2024: Overview of Key Details
| Category | Details |
|---|---|
| Organization | Small Industries Development Bank of India (SIDBI) |
| Post | Assistant Manager (Grade ‘A’) |
| Streams | General and Specialist (Legal, IT) |
| Mode of Application | Online |
| Start Date | November 8, 2024 |
| End Date | December 2, 2024 |
| Phase I Exam | December 22, 2024 (Tentative) |
| Phase II Exam | January 19, 2025 (Tentative) |
| Interview Date | February 2025 (Tentative) |
| Total Vacancies | 72 (50 for Grade ‘A’, 22 for Grade ‘B’) |
| Salary (Approx.) | ₹1,00,000 per month |
| Official Website | www.sidbi.in |
Vacancy Details for SIDBI Grade A Recruitment 2024
SIDBI is offering a total of 72 vacancies in various streams, with 50 positions for Assistant Manager (Grade ‘A’). This is a wonderful opportunity for candidates with backgrounds in fields like commerce, law, engineering, or IT.
| Post Name | Vacancy |
|---|---|
| Assistant Manager (Grade ‘A’) | 50 |
Eligibility Criteria for SIDBI Recruitment 2024
Before applying, ensure you meet the educational and age requirements for the position you’re interested in. Here’s a breakdown of the eligibility criteria:
Educational Qualifications
To be eligible for the Assistant Manager (Grade ‘A’) post, candidates must have one of the following qualifications:
- Bachelor’s Degree in Commerce, Economics, Mathematics, Statistics, Business Administration, or Engineering with at least 60% marks (50% for SC/ST/PwBD candidates).
- OR a Professional Qualification such as Chartered Accountant (CA), Company Secretary (CS), or Chartered Financial Analyst (CFA).
- OR a Master’s Degree like MBA/PGDM from a recognized university (full-time, 2-year program).
Age Limit
- Candidates must be 30 years or younger as of November 8, 2024.
- Age relaxation is applicable as per government norms:
- SC/ST: 5 years
- OBC: 3 years
- PwBD: 10 years for general candidates with disabilities.
SIDBI Grade A Salary and Benefits
The Assistant Manager (Grade ‘A’) role at SIDBI comes with an attractive salary package. The starting basic pay is ₹44,500 per month, and with increments, it can go up to ₹89,150 over a span of 17 years.
In addition to the basic pay, the total salary includes various allowances like:
- Dearness Allowance
- Accommodation or House Rent Allowance (HRA)
- Travel Allowances
- Medical Expenses
This brings the total monthly salary to approximately ₹1,00,000, making it a highly competitive package in the government sector.
Selection Process for SIDBI Grade A Recruitment 2024
The selection process for SIDBI’s Assistant Manager post involves three stages:
Phase I: Online Screening Exam
The screening test will evaluate candidates on the following subjects:
- English Language
- Reasoning Aptitude
- Quantitative Aptitude
- Computer Knowledge
- General Awareness
- MSME-related topics (specific to SIDBI)
The exam consists of 200 marks and has a time limit of 120 minutes.
Phase II: Main Exam
The main examination will consist of:
- Objective questions related to MSME financing, finance, and management.
- Descriptive questions to assess your English language skills and understanding of MSME regulations.
This phase is also worth 200 marks.
Phase III: Interview
Candidates who clear the main exam will be called for an interview in February 2025. The interview carries 100 marks, with 25% weightage given to achievements in extracurricular activities or any awards.
The final selection will be based on the combined scores of the Phase II exam and the interview.
How to Apply for SIDBI Recruitment 2024
All applications for SIDBI Recruitment must be submitted online. Follow these steps to apply:
- Visit the Official Website: Go to www.sidbi.in and head over to the Careers section.
- Register: Click on the recruitment notification for Grade ‘A’ Assistant Manager and complete the registration by entering your basic details.
- Fill Out the Application: Provide all required personal and educational information in the online form.
- Upload Documents: Upload your photograph, signature, and other relevant documents.
- Pay the Application Fee: Complete the payment using net banking, credit/debit card, or other available options.
- Submit: Once you have reviewed your details, submit the application. Don’t forget to save a copy of the form for future reference.
Application Fees:
- SC/ST/PwBD: ₹175 (Intimation Charges only)
- General/OBC/EWS: ₹1,100 (₹925 Application Fee + ₹175 Intimation Charges)
- SIDBI Staff Candidates: No fee
Important Dates to Remember
| Event | Date |
|---|---|
| Application Start Date | November 8, 2024 |
| Application End Date | December 2, 2024 |
| Phase I Exam | December 22, 2024 (tentative) |
| Phase II Exam | January 19, 2025 (tentative) |
| Interview | February 2025 (tentative) |
Final Thoughts
The SIDBI Grade A Recruitment 2024 is a golden opportunity for aspiring candidates seeking a career in finance, law, IT, and more. With its competitive salary, excellent growth prospects, and the chance to work in a highly respected government institution, this recruitment drive offers a promising pathway for professionals and freshers alike.
Make sure to submit your application well before the deadline and prepare thoroughly for the selection process to maximize your chances of securing this prestigious role.
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