SIDBI Grade A Notification 2024
The SIDBI last date to apply 2024 is 2nd December 2024 so the candidates who has not yet filled the applications must not wait anymore. The SIDBI Recruitment 2024 is conducted for the selection of Grade A Assistant Managers (General Stream) for its branches across the country. The Small Industries Development Bank of India released the SIDBI Grade A Notification 2024 and announced the vacancies on 8th November 2024. Check all the details such as exam pattern, number of vacancies, eligibility criteria, and more about SIDBI Recruitment 2024 in this blog.
SIDBI Grade A 2024 Notification Out
This year, the SIDBI Grade A Notification has been released with a total of 50 vacancies, and SIDBI will conduct a Computer Based Test. If you are preparing for this exam, then do check out the SIDBI Grade A Online Coaching. The SIDBI Grade A Officer Recruitment Process will include three phases of examination:
- Phase I: Online screening examination with one paper.
- Phase II: Online examination with two papers.
- Phase III: Interview of 100 marks.
SIDBI Grade A Notification 2024 – Overview
Before moving on to the important dates for SIDBI Recruitment 2024, it is important to have a clear idea about this exam. Check out some basic information about SIDBI Grade A here.
| Particulars | Important Overview |
| Exam Conducting Authority | SIDBI (Small Industries Development Bank of India) |
| Exam Name | SIDBI Grade A |
| Post Name | Grade A Officer (Assistant Manager) |
| Stream | General Stream |
| Application Mode | Online |
| Exam Level | National |
| SIDBI Grade A Vacancy 2024 | 50 |
| Official Website | SIDBI |
SIDBI Grade A Notification PDF 2024
The SIDBI Grade A Notification for 2024 has been released and some major changes were seen in this year’s notification. This year, the recruitment process includes three phases, two computer based exams followed by an interview. You can find the link to download the SIDBI Grade A Notification PDF below.
Download SIDBI Grade A Notification
SIDBI Grade A Notification 2024
The official SIDBI Grade A Notification 2024 has been released on the official website i.e. https://www.sidbi.in/. To be eligible for SIDBI Recruitment 2024, the candidates must possess a Graduation/ Bachelor’s degree in the relevant discipline and should not exceed 30 years of age.
SIDBI Grade A Notification Important Dates
It is important to know the dates related to SIDBI Grade A Notification 2024. Check out all the important dates in the table below.
| Events | Important Dates |
| SIDBI Notification Release Date | 8th November 2024 |
| SIDBI Grade A Online Application Begins | 8th November 2024 |
| SIDBI Grade A Last Date to Apply | 2nd December 2024 |
| Cut off Date for Determining Eligibility Criteria (Age) | 8th November 2024 |
| SIDBI Exam Date 2024 (Phase I) – Tentative | 22nd December 2024 |
| SIDBI Exam Date 2024 (Phase II) – Tentative | 19th January 2025 |
| SIDBI Schedule of Interview – Tentative | February 2025 |
SIDBI Vacancy 2024
This year, the SIDBI Grade A Notification has been released for a total of 50 vacancies. The detailed category-wise vacancy information is provided in the table below.
| Categories | 2024 |
| SC | 6 |
| ST | 4 |
| OBC | 14 |
| EWS | 3 |
| UR | 23 |
| Total | 50 |
SIDBI Grade A Apply Online Link
Interested graduates who fulfill the SIDBI eligibility criteria can apply for the position at the Small Industries Development Bank of India. The link to register for SIDBI Recruitment 2024 has been activated along with the release of the official notification. The direct link to apply online is provided below and will remain active only until 2nd December 2024.
SIDBI Grade A Apply Online – Direct Link
SIDBI Grade A Apply Online Steps
Check out the complete SIDBI Grade A Apply Online Steps here:
- Visit the Application Link – Use the provided link to begin the application process.
- Start New Registration – Click on the link at the top right corner that says “Click here for New Registrations.”
- Read Instructions and Continue – You will be redirected to a new page; carefully read the instructions and click on “Continue.”
- Fill in the Application Form – Complete the form with your personal, educational, and professional details, then update and save the form.
- Upload Photograph and Signature – Upload your recent photograph and signature as per the guidelines.
- Submit and Make Payment – Review your details, click “Submit,” and proceed with the payment.
SIDBI Grade A Application Fees
For the staff candidates, there is no application fee. The SC/ST/PWD candidates have to only pay the intimation charges. Check out the detailed SIDBI Grade A Application Fees.
| Category of Candidate | Application Fee (in ₹) | Intimation Charges (in ₹) | Total Charges (in ₹) |
| SC/ST/PwBD | Nil | ₹175/- | ₹175/- |
| Others (OBCs/EWS & UR) | ₹925/- | ₹175/- | ₹1100/- |
| Staff Candidates | Nil | Nil | Nil |
Guidelines for Scanning and Uploading Documents for SIDBI Grade A Exam
Before applying for the SIDBI Grade A exam, candidates must upload their photograph, signature, left thumb impression, and hand-written declaration as per the specified guidelines.
| Document | Specifications | Additional Notes |
| Photograph – JPG/JPEG – 200 x 230 pixels (4.5 cm x 3.5 cm) – 20 KB – 50 KB | Recent passport-size color photo; light-colored or white background; no caps/hats, clear face | No reflections if wearing glasses, avoid red-eye; religious headwear is allowed but must not cover the face |
| Signature – JPG/JPEG – 140 x 60 pixels – 10 KB – 20 KB | Black ink on white paper; no capital letters | Should match the signature on the exam day documents |
| Left Thumb Impression – JPG/JPEG – 240 x 240 pixels (3 cm x 3 cm) – 20 KB – 50 KB | Black or blue ink on white paper | Must be clear and properly scanned |
| Hand-Written Declaration – JPG/JPEG – 800 x 400 pixels (10 cm x 5 cm) – 50 KB – 100 KB | In English, on white paper with black ink; the candidate’s own handwriting | “I, _ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required” |
Scanning and Uploading Procedure
- Resolution: Set the resolution to at least 200 DPI (dots per inch).
- Color Setting: Use ‘True Color’ for better image quality.
- Format: Save files in JPG or JPEG format.
- File Size and Quality: Adjust settings to meet size limits and preview the image to ensure clarity.
Uploading Steps:
- Use separate links to upload each document (Photo, Signature, Thumb Impression, Declaration).
- Select the file from your device and click ‘Upload’.
- Preview the uploaded image for a quality check; re-upload if unclear.
Important Reminders:
- Ensure that photos, signatures, and documents are uploaded in the correct fields.
- Incorrect or unclear uploads may lead to application rejection.
- Take a printout of the application form after submission for future reference.
SIDBI Grade A Eligibility
The eligibility criteria for SDIBI Recruitment 2024 may consist of nationality, age criteria & educational qualifications. Check out the complete eligibility below:
SIDBI Grade A Nationality / Citizenship
A 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 Notification – Age Criteria
The reference date for the calculation of the age limit is provided below.
- Candidates should be at least 21 years old and not more than 30 years old.
- Candidates born not earlier than 8th November 1994 and not later than 9th November 2003 [both days including] are only eligible to apply.
SIDBI Grade A Age Relaxation
Certain relaxations have been provided to some categories as per the government norms, check it out 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 Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) | 5 years |
| Persons affected by the 1984 riots | 5 years |
SIDBI Grade A Educational Qualification
The details of the educational qualification & experience required by 8th November 2024 is provided below:
| Qualification | Assistant Manager Grade ‘A’ (General) |
| Educational Qualifications | 1. Graduation in: – Commerce – Economics – Mathematics – Statistics – Business Administration – Engineering Minimum Marks: 60% (50% for SC/ST/PwBD) OR 2. Company Secretary (CS) / Certified Management Accountant (CMA/ICWA) / Chartered Financial Analyst (CFA) OR 3. Chartered Accountant (CA) OR 4. MBA/PGDM (2-year full-time course) from a recognized institution approved by UGC/Govt. of India. |
| Note | – No post-qualification work experience required for candidates with Chartered Accountant (CA) or MBA/PGDM qualifications. |
| Essential Experience | – At least 2 years’ experience in credit dispensation in MSME/Corporate lending and small commercial loans. – Personal loans, educational loans, vehicle loans, housing loans are not considered. |
| Eligible Sectors for Experience | 1. All India Financial Institutions: EXIM Bank, NABARD, NHB, NaBFID, SIDBI 2. Scheduled Commercial Banks (included in the Second Schedule of the RBI Act, 1934) 3. NBFCs registered with RBI OR Combined experience of 2 years in these sectors. |
| Alternative Experience Criteria | – 2 years of core experience in: 1. Investment Banking / Merchant Banking (SEBI registered) 2. Alternative Investment Funds (SEBI registered) 3. Asset Reconstruction Companies (RBI registered) 4. Subsidiaries of Scheduled Commercial Banks (MSME segment) 5. Project Management in Government Projects/Digital Project Management related to lending. |
SIDBI Grade A Selection Process
The SIDBI Grade A Selection Process includes a detailed evaluation of candidates through multiple stages. This process aims to assess the overall skills, knowledge, and suitability of candidates for the post of Assistant Manager in Grade A.
| Selection Phase | Details |
| Phase I – Online Screening Examination | – Online test with one paper divided into 7 sections, totaling 200 marks. – Candidates must secure the minimum cut-off marks set by SIDBI to qualify for Phase II. |
| Phase II – Online Examination | – Online test with two papers, totaling 200 marks. – Candidates who meet the cut-off marks will be shortlisted for the interview round. |
| Phase III – Interview | – Carries 100 marks, with 25% weightage given to achievements in extracurricular activities (District/State/National level), awards, and recognition, based on submitted documents. |
| Psychometric Test | – Conducted by a third-party agency after Phase II. – Assesses personality, communication skills, problem-solving ability, and willingness to work in different locations. – Results are shared with the interview panel for comprehensive evaluation. |
| Personal Interview | – Candidates who pass the Psychometric Test are invited for a Personal Interview at SIDBI offices. |
| Final Selection | – Based on performance in the Phase II Examination and the Interview. |
Download SIDBI Grade A Previous Year Interview Questions Ebook
SIDBI Grade A Exam Pattern
The online test also has two parts i.e. an objective exam and a descriptive exam. The SIDBI Grade A Exam Pattern has 7 subjects for a total of 200 marks. Let us see the detailed SEBI Grade A Exam Pattern for each of these parts in detail.
Phase 1 Exam Pattern
The SIDBI Grade A Exam is an objective test with different sections. Each section has a set number of questions, marks, and time limits. The General Awareness section will mainly focus on Banking, Finance, Economics, and Social Issues. The detailed exam pattern for the SIDBI Grade A online test is as follows:
- Subjects: Reasoning, English Language, Quantitative Aptitude, General Awareness.
- Total Questions: 200 Multiple Choice Questions.
- Exam Duration: 2 hours (120 minutes).
- Negative Marking: ¼th mark deducted for each incorrect answer.
- Qualifying Sections: English Language, Reasoning Aptitude, Quantitative Aptitude, Computer Knowledge (qualifying in nature).
- Shortlisting Criteria: Based on marks in General Awareness, MSMEs, and Stream Specific Test.
- Difficulty Level: May vary between Grade ‘A’ and Grade ‘B’.
| Subjects | No. of Questions | Marks |
| English Language | 30 | 30 |
| Reasoning Aptitude | 25 | 25 |
| Quantitative Aptitude | 25 | 25 |
| Computer Knowledge | 20 | 20 |
| GA (Banking, Financial Sector, Economic & Social Issues) | 20 | 20 |
| MSMEs: Policy, Regulatory & Legal Framework; Finance and Management (focus on MSME) | 30 | 30 |
| Stream Specific Test | 50 | 50 |
| Grand Total | 200 | 200 |
Phase 2 Exam Pattern
Candidates will be required to answer by typing on the computer. The following is the exam pattern of the descriptive test which will be followed by the objective test. It is essential to attempt all three questions. The total duration of the descriptive test will be 60 minutes.
- Scoring Format: In Paper II, some questions carry different marks (either 1 or 2 marks).
- Answer Mode: For descriptive questions, answers must be typed using a keyboard.
- Bilingual Option: Objective questions are available in both Hindi and English.
- Indicative Syllabus: Topics provided are not exhaustive but give a broad outline of what to expect in the exam.
| Paper | Test Name | Details |
| Paper I | English Language (Essay, Précis, Comprehension, Business Correspondence) | – Type: Descriptive (Online) – Questions: 3 – Marks: 75 – Time: 75 minutes – Focus on writing skills, expression, and understanding the topic. |
| Paper II | MSMEs (Policy, Regulatory Framework, Finance, MSME Financing, etc.) | – Type: Objective (Online, Bilingual) – Questions: 50 (mixed 1 or 2 marks) – Marks: 75 – Time: 60 minutes – Topics include NPA recovery, investment banking, credit risk, and MSME policies. |
| – | MSMEs Descriptive Questions | – Type: Descriptive (Online in English/Hindi) – Questions: 10 (attempt any 4) – Marks: 50 – Time: 75 minutes – Choose 2 questions of 15 marks each and 2 of 10 marks each. |
SIDBI Grade A Exam Structure – Qualifying and Merit Sections
The SIDBI Grade A Phase I exam is divided into two parts: the Qualifying Section and the Merit Section.
| Section | Details |
| 1. Qualifying Section | – |
| Tests Included | – English Language: Assesses basic grammar, comprehension, and vocabulary skills. – Reasoning Aptitude: Tests logical thinking and problem-solving. – Quantitative Aptitude: Focuses on mathematical and numerical skills. – Computer Knowledge: Evaluates understanding of basic computer operations and IT concepts. |
| Purpose | The purpose of this section is to evaluate basic aptitude and language skills of candidates. |
| Important Note | Scores from this section are not considered for shortlisting to the next phase. |
| 2. Merit Section | – |
| Subjects Covered | – General Awareness: Covers topics related to Banking, Financial Sector, and Economic & Social Issues. – MSMEs (Micro, Small, and Medium Enterprises): Focuses on policies, regulations, and management related to MSMEs. – Stream-Specific Test: A test tailored to the candidate’s chosen stream (e.g., Finance, IT, Legal). |
| Purpose | The scores in this section are used to determine candidates’ merit ranking and eligibility for the next phase of selection. |
| 3. Shortlisting for Phase II | Candidates are shortlisted for Phase II based only on their performance in the Merit Section. The scores from the Qualifying Section are not considered. |
SIDBI Grade A Salary
The SIDBI Grade A Pay Scale is [44500 – 2500(4) – 54500-2850(7) – 74450 -EB -2850(4) – 85850 -3300(1) – 89150 (17 years). This means that the candidates who will get selected as per SIDBI Recruitment 2024 will receive the salary as approximately 1,00,000/-.
| Topper’s Corner | Topper’s Corner |
| SIDBI Grade A Topper Aniket Tembhurne | SIDBI Grade A Topper Dayyala Krishna |
SIDBI Grade A Notification 2024 – FAQs
The apply online start date for SIDBI Recruitment 2024 is 8th November 2024.
The SIDBI last date to apply 2024 is on 2nd December 2024.
The SIDBI Vacancy 2024 has been released for a total of 50 vacancies.
The candidates must be Graduates with experience.
The approximate salary for a SIDBI Grade A officer is Rs 1,00,000.
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