Now, that the SIDBI Grade A Notification 2024 has been released, it is mandatory to check the SIDBI Grade A Eligibility Criteria and apply before the last date. Candidates can check the age limit, age relaxation, educational qualifications, nationality, and other details here.
SIDBI Grade A Eligibility
SIDBI has announced 50 vacancies for Grade A Assistant Manager post. SIDBI Grade A Eligibility must be known to each candidate. The candidates must make sure that they meet all the SIDBI exam eligibility parameters to avoid any kind of issue in their recruitment process. The parameters on which eligibility is checked are nationality, age limit, educational qualification, experience, etc.
SIDBI Grade A Eligibility 2024
Before we move on to the detailed SIDBI Grade A Eligibility, let us look at the cut off dates that are extremely important. This means that the candidates must meet the SIDBI Grade A Eligibility as on or before the dates mentioned below.
Criteria | Cut Off Dates |
Cut Off date for determining eligibility with regard to age | 8th November 2024 |
Cut Off date for determining eligibility with regard to post qualification experience | 8th November 2024 |
SIDBI Exam Eligibility
In this section, we will discuss all the parameters on which eligibility is measured. The candidates must fulfill all the SIDBI Grade A eligibility as failure in any of these may result in the cancellation of the candidature.
SIDBI Grade A Nationality
To fulfill the SIDBI Grade A Nationality, candidate must be either-
- a citizen of India or
- a subject of Nepal or
- a subject of Bhutan or
- a Tibetan refugee (who came over to India before 1st January 1962) with the intention of permanently settling in India; or
- a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malwi, Zaire, Ethiopia, and Vietnam with the intention of permanently settling in India.
SIDBI Grade A Age Limit
The eligible age limit for applicants is a minimum of 21 years and a maximum of 30 years. Candidates who were born on or after November 8, 1994, and on or before November 9, 2003 (inclusive of both dates) are eligible to apply.
Download SIDBI Grade A Previous Year Interview Questions Ebook
SIDBI Grade A Age Relaxation
Certain age relaxations are provided to some categories. We have mentioned the SIDBI Grade A age relaxation criteria for different categories in the table below:
Category | Age Relaxation |
SC/ST | 5 years |
OBC (Non- creamy layer) | 3 years |
PwBD [Unreserved/EWS] | 10 years |
PwBD [OBC candidates] | 13 years |
PwBD [SC / ST candidates] | 15 years |
Ex-servicemen candidates, Commissioned Officers including ECOs/ SSCOs | 5 years |
Persons affected by the 1984 riots | 5 years |
SIDBI Grade A Educational Qualification
Check out the educational qualification & experience required below:
SIDBI Grade A Educational Qualification |
The candidate shall possess any of the following education qualifications: A). Graduation in Commerce, Economics, Mathematics, Statistics, Business Administration, or Engineering with a minimum of 60% marks (50% for SC/ST/PwBD applicants). OR B). Qualification as a Company Secretary (CS), Certified Management Accountant (CMA/ICWA), or Chartered Financial Analyst (CFA). OR Chartered Accountant (CA) qualification. OR C). MBA/PGDM (in any discipline), must be a full-time, 2-year course from a University/Institution recognized by the University Grants Commission (UGC) or Government of India, or approved by regulatory bodies. Minimum of 60% marks (SC / ST / PwBD applicants – 55%) in aggregate from Universities / Institutions recognized by GoI / UGC/ AICTE. |
SIDBI Grade A Post-Qualification Work Experience Requirements
Check the work experience requirement for the post of SIDBI Grade A Assistant Manager post.
Stream | Work Experience |
Graduation | Graduation in Commerce, Economics, Mathematics, Statistics, Business Administration, or Engineering with a minimum of 60% marks (50% for SC/ST/PwBD applicants). |
CS/CMA/ICWA/ CFA. | Minimum two years’ experience, As on Officer (permanent), in credit dispensation for MSME/Corporate sectors and lending for trading and small commercial loans in: A). All India Financial Institutions (EXIM Bank, NABARD, NHB, NaBFID, SIDBI) B). SCBs C). NBFCs registered with RBI Candidates must have at least 2 years of core experience in any of the following areas: SEBI-registered entities involved in Investment Banking or Merchant Banking. SEBI-registered entities dealing with Alternative Investment Funds (AIFs). RBI-registered Asset Reconstruction Companies (ARCs). Subsidiaries of Scheduled Commercial Banks specializing in the MSME segment. Project management with nationally recognized consultancy firms, focusing on the administration and implementation of projects or schemes of national importance. This experience should include consulting and managing government project implementation, government project management, digital projects related to lending, or government consultancy projects, with the firm having at least 10 years of experience in similar fields. |
SIDBI Grade A Number of Attempts
There is no mention of the number of attempts in the official notification. We will update the changes here. However, it is expected that the candidates can sit for the exam until and unless they meet the complete SIDBI Grade A Eligibility.
Topper’s Corner | Topper’s Corner |
SIDBI Grade A Topper Aniket Tembhurne | SIDBI Grade A Topper Dayyala Krishna |
SIDBI Grade B Eligibility
Well, Grade B post is for Managers. If you are looking for SIDBI Grade B Eligibility, then you are at a right place. If we talk about SIDBI Grade B Age limit, the candidate should not be more than 37 years of age as on August 31, 2024. To fulfill the SIDBI Grade B Eligibility in terms of educational qualification, the candidates must be graduates in relevant discipline and should have at least 4 years experience in officers cadre in public sector banks.
SIDBI Grade A Eligibility – FAQs
SIDBI Grade A Eligibility is checked based on nationality, age, qualification, experience, etc.
The candidates’ age must not be exceeding 30 years for Grade A Posts.
The minimum educational qualification required is Graduation or MBA/CA/ CS/ CWA/ CFA/ CMA.
Ans. Yes, for SIDBI Grade A posts, candidates need to have some post-qualification experience. The detailed experience criteria is mentioned in the official notice and on this page as well.
Yes, SIDBI releases the cut-off dates along with the notification. The cut off date for age limit and educational qualification is 8th November 2024.
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