sidbi assistant manager notification -The Small Industries Development Bank of India (SIDBI) released the recruitment notification for SIDBI Grade A Assistant Manager on November 8, 2023. This notification pertains to the recruitment of Assistant Managers in Grade ‘A’ (General Stream). Eligible candidates who are interested in applying for the SIDBI Grade A AM position can submit their applications from November 8 to November 28, 2023, by accessing the official SIDBI website.
SIDBI has unveiled 50 vacancies for the position of Assistant Manager. The selection process comprises Group Discussions and Interviews to screen candidates. These rounds are slated to occur in either December 2023 or January 2024. It is highly recommended for potential candidates to thoroughly peruse this article for extensive insights into the SIDBI Assistant Manager 2023 Recruitment process.
sidbi assistant manager vacancy
Establishedby an Act of Parliament, SIDBI stands as the primary financial institution committed to promoting, financing, and fostering the growth of the Micro, Small, and Medium Enterprises (MSMEs) sector in India. SIDBI has announced 50 vacancies for the Assistant Manager position. Prospective candidates are encouraged to submit their applications well ahead of the deadline to prevent any potential technical glitches.
SIDBI Grade A Assistant Manager Job Profile
Officers in Grade ‘A’ are expected to play an active role in various key operational domains of the Bank, including:
a. Facilitating credit expansion in the MSME, Microfinance, and Startup/Venture Capital sectors through direct and indirect credit disbursal methods while implementing robust monitoring mechanisms.
b. Championing entrepreneurship and skill development initiatives within the MSME sector by fostering partnerships and collaboration with a diverse array of stakeholders.
c. Contributing significantly to Business Analytics and the decision-making process by consistently collecting market feedback and conducting research. Officers are tasked with updating Management on sectoral trends, aiding in the prioritization of new ventures and projects.
d. Engaging in internal management, administrative tasks, and monitoring functions to ensure the Bank’s adaptability and responsiveness amidst evolving dynamics in the MSME sector and the broader economy.
e. Undertaking additional responsibilities as assigned by the Bank as per requirements.
SIDBI Grade A Admit Card 2023 (Inactive) |
SIDBI Grade A Result 2023 (Inactive) |
SIDBI Assistant Manager 2023: Overview
The Small Industries Development Bank of India is set to hire candidates for 50 vacancies in the Assistant Manager (Grade-A) position within the General Stream through the SIDBI Grade A Recruitment 2023. Candidates can check this table for the key highlights of SIDBI Recruitment 2023:-sidbi assistant manager notification
| Attribute | Details |
|---|---|
| Exam Conducting Organization | Small Industries Development Bank of India (SIDBI) |
| Exam Name/Post Name | Grade ‘A’ Assistant Manager in General Stream |
| Vacancies | 50 |
| Application Dates | 8 November to 28 November 2023 |
| Application Mode | Online |
| Level | National |
| Selection Process | Psychometric Test |
| Group Discussion and Interview |
SIDBI Assistant Manager Important Dates 2023
SIDBI Assistant Manager Interview will take place in the month of December 2023 or January 2024. To check all the important dates related to the recruitment. sidbi assistant manager notification
| Event | Date |
|---|---|
| Notification Release Date | 8 November 2023 |
| Application Start Date | 8 November 2023 |
| Last Date to Apply | 28 November 2023 |
| Last Date to Pay The Application Fee | 28 November 2023 |
| Cut-off Date for Eligibility Criteria | Age Limit: 8 November 2023 <br> Qualification Experience: 28 November 2023 |
| Group Discussion & Interview | December 2023/January 2024 (Tentative) |
SIDBI Grade A 2023 Recruitment: Important Links
The online application process for eligible graduates/post-graduates commenced on 8 November 2023, as announced by the Small Industries Development Bank of India. As per the SIDBI Notification, candidates interested in SIDBI Grade A can submit their applications until 28 November 2023. The application link for SIDBI Grade A Recruitment 2023 is available on the official website, and for your convenience, we have provided all relevant direct links below.
SIDBI Assistant Manager 2023 Vacancy
A total of 50 vacancies are announced by the SIDBI for SIDBI Grade ‘A’ Assistant Manager in General Stream. Category-wise vacancy distribution is tabulated below for a clearer view of the vacancies:-
SIDBI Assistant Manager Vacancies 2023 | |
Category | Vacancy |
SC | 8 |
ST | 4 |
OBC | 11 |
EWS | 5 |
UR | 22 |
Total | 50 |
SIDBI Assistant Manager Eligibility Criteria 2023
To apply for the SIDBI Assistant Manager 2023, candidates should check the eligibility criteria first. Eligibility criteria include nationality, age limit, educational qualifications, work experience, etc. In this section, we are providing brief information about SIDBI Grade A Post eligibility criteria:-
Nationality
To be eligible for the SIDBI Assistant Manager post, candidates must meet one of the following criteria:
(i) Citizen of India
(ii) Subject of Nepal
(iii) Subject of Bhutan
(iv) Tibetan refugee who arrived in India before January 1, 1962, with the intention of permanent settlement
(v) Person of Indian origin who migrated from Pakistan, Burma, Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia, and Vietnam, with the intention of permanently settling in India.
Age Limit & Relaxation
The maximum age limit for the Assistant Manager post is 30 years i.e. candidates born on or after November 09, 1993, are eligible to apply. Age relaxation is extended to certain special categories. The relaxation in the upper age limit is as follows:
SIDBI Assistant Manager Age Relaxation | |
Category | Relaxation Age |
Scheduled Caste / Scheduled Tribe | 5 years |
Other Backward Classes (Non – creamy layer) | 3 years |
PwBD [Unreserved / EWS] | 10 years |
PwBD [OBC candidates | 13 years |
PwBD [SC / ST candidates] | 15 years |
Ex-servicemen | 5 years |
Persons affected by 1984 riots | 5 years |
Educational Qualification
Bachelor’s degree in any discipline from a recognized University/Institution with at least 60% marks (55% for SC/ST/PwBD applicants) in aggregate. The degree should be from Universities/Institutions recognized by the Government of India (GoI) or UGC. OR
Qualification as a CA/CS/CWA/CFA/CMA. OR
Bachelor’s degree in Law/ Bachelor’s Degree in Engineering with a minimum of 60% marks (55% for SC/ST/PwBD applicants) in aggregate from Universities/Institutions recognized by the Government of India (GoI), UGC, or AICTE.sidbi assistant manager notification
Work Experience
To be eligible for the SIDBI Grade A post, candidates must have a minimum of 2 years of experience in Scheduled Commercial Banks/All India Financial Institutions, with a focus on MSME lending (excluding personal loans, educational loans, vehicle loans, housing loans, etc.). Alternatively, candidates should possess a minimum of 3 years of experience in systemically important NBFCs, particularly in MSME lending, non-individual lending, or corporate lending.
SIDBI Assistant Manager Application Process
To apply for the SIDBI Grade A Recruitment, candidates must complete the online application form between November 8 and November 28, 2023, by following these steps:
- Begin by visiting the official website of the Small Industries Development Bank of India.
- Navigate to the “Careers” section located at the top of the homepage. This will direct you to a page showcasing current job openings.
sidbi assistant manager result
- Choose “Application for Assistant Manager ‘Grade-A’ in General Stream” and then proceed to “SIDBI invites Applications for Recruitment of Officers in Grade ‘A’– General Stream.” Click on “Click here to apply online.”
- Register for the application process by selecting “Click here for New Registration” and providing your Name, Contact details, and Email-id.
- Upon registration, you will receive a Provisional Registration Number and Password, which will be displayed on the screen.
- Log in using the Registration Number and Password generated, and proceed to fill in the required details in the SIDBI Grade A Application Form 2023.
- Upload the necessary documents according to the specified dimensions: Photograph (4.5 cm x 3.5 cm), signature (using black ink), left thumb impression (on white paper with black or blue ink), and a handwritten declaration (on white paper with black ink).
- Make the requisite online payment for the application fee and submit the completed application form before the deadline of November 28, 2023.
- Save a printout of the final submission page for future reference.
Application Fees
Applicants are required to remit the application fee to finalize the application process, and it is non-refundable. Payment can be made using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/Mobile Wallets, by providing the necessary details as prompted on the screen. Check the category-wise application fee presented in the table below:
SIDBI Assistant Manager Application Fee | |||
Category | Application Fee | Intimation Fee | Total Charges |
SC / ST / PwBD | Nil | INR 175/- | INR 175/- |
Others (including OBCs / EWS and General Candidates) | INR 925/- | INR 175/- | INR 175/- |
Staff Candidates (only for permanent/regular employees of SIDBI) | Nil | Nil | Nil |
SIDBI Assistant Manager 2023 Selection Process
The selection process aims to assess candidates comprehensively, considering their qualifications, suitability, communication skills, problem-solving abilities, and overall suitability for the Assistant Manager post at SIDBI.
Preliminary Screening:
- Initial review of online applications to shortlist eligible candidates.
- Criteria include qualifications, experience, and information provided in the application and uploaded documents.
Psychometric Test:
- Shortlisted candidates undergo an online test.
- Evaluation covers personality, communication, problem-solving, innovation, and willingness to work nationwide.
Group Discussion and Interview:
- Candidates passing the Psychometric Test proceed to Group Discussion and Interview.
- Sessions held on the same day at various SIDBI offices.
- Maximum marks: 100 for each.
Final Selection:
- Combined marks from Group Discussion and Interview determine final selection.
- Overall performance across both assessments influences final decision.
SIDBI Assistant Manager Admit Card
The SIDBI Admit Card can be downloaded from the official website approximately 10 to 15 days before the scheduled interview dates. There will be no distribution of hardcopies or individual notifications regarding the SIDBI Grade A Admit Card 2023. Once released, candidates can access their admit cards by visiting the official SIDBI website. Below, we offer a direct link to download the SIDBI Grade A Admit Card 2023, which will become active upon its release by SIDBI: