The SIDBI Grade B Recruitment 2024 Notification has been released to recruit Grade B Managers in both General and Specialist Streams for its various branches across India. The Small Industries Development Bank of India (SIDBI) released the official notification for the Grade B Manager recruitment on 8th November 2024, along with details about the number of vacancies.
In this article, candidates can find complete details about the SIDBI Grade B Notification 2024, including the number of vacancies, eligibility criteria, exam pattern, selection process, application process, and important dates.
SIDBI Grade B Notification 2024
This year, the SIDBI Grade B Notification has been released with a total of 22 Manager post vacancies, and SIDBI will conduct a Computer-Based Test. The SIDBI Grade B 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 B Notification 2024 PDF
The SIDBI Grade B Notification for SIDBI Recruitment 2024 has been released on the official SIDBI website. A major update this year is that the SIDBI Grade B Recruitment will take place in three phases. The selection process includes two computer-based exams and an interview. Candidates can download the SIDBI Grade B Notification PDF using the direct link given below.
SIDBI Grade B Notification 2024 PDF
SIDBI Grade B Apply Online Link
Graduates who meet the SIDBI eligibility criteria can apply for the positions at the Small Industries Development Bank of India. The registration link for SIDBI Recruitment 2024 has been activated along with the release of the official notification and application dates. The direct link to apply online is provided below and the link will be active until 2nd December 2024.
SIDBI Grade B Apply Online Link
SIDBI Grade B Notification 2024 – Overview
Before looking at the important dates for SIDBI Grade B Recruitment 2024, it’s essential to understand some basic details about the exam. The detailed overview of the SIDBI Grade B exam to help you get a clear idea about the exam.
| Particulars | Details |
| Exam Conducting Authority | Small Industries Development Bank of India (SIDBI) |
| Exam Name | SIDBI Grade B Recruitment 2024 |
| Post Name | Grade B Manager |
| Total Vacancies | 22 |
| Application Mode | Online |
| Exam Level | National |
| Official Website | sidbi.in |
Important Dates for SIDBI Grade B Notification 2024
The SIDBI Grade B Notification has been released, including important dates for the application process and exam. Candidates who want to apply for the SIDBI Grade B Recruitment 2024 should check the important dates given below.
| Event | Important Date |
| Notification Release Date | 8th November 2024 |
| Online Application Start Date | 8th November 2024 |
| Last Date to Apply | 2nd December 2024 |
| Phase I Online Exam Date | 22nd December 2024 |
| Phase II Online Exam Date | 19th January 2025 |
| Interview Date | February 2025 |
SIDBI Grade B Vacancy 2024
The SIDBI Grade B Notification 2024 has announced a total of 22 vacancies for the post of Grade B Manager. The detailed category-wise distribution of vacancies is as follows:
| Stream | Total Vacancies |
| General | 10 |
| Legal | 6 |
| Information Technology (IT) | 6 |
| Total | 22 |
SIDBI Grade B Category Wise Vacancy
The details of the category wise vacancy are as follows:
| Category | General | Legal | Information Technology (IT) |
| SC | 1 | 1 | 1 |
| ST | – | – | – |
| OBC | 3 | 2 | 1 |
| EWS | 1 | – | 1 |
| UR | 5 | 3 | 3 |
| Total | 10 | 6 | 6 |
How to Apply Online For SIDBI Grade B Manager Post
The online application process for SIDBI Grade B Notification 2024 has begun on 8th November 2024. Interested candidates can follow the steps below to apply:
- Visit the Official Website: Go to the official SIDBI website.
- Go to the Careers Section: Click on the “Careers” section and select SIDBI Grade B Recruitment 2024.
- New Registration: Click on “New Registration” and complete the registration process.
- Fill the Application Form: Provide your personal, educational, and professional details in the application form.
- Upload Required Documents: Upload the necessary documents, including your photograph and signature.
- Pay the Application Fee: Pay the required application fee and submit your application form.
SIDBI Grade B Application Fee
The details of the SIDBI Grade B application fee details are as follows:
| Category | Application Fee (₹) | Intimation Charges (₹) | Total (₹) |
| SC/ST/PwBD | Nil | 175 | 175 |
| General/OBC/EWS | 925 | 175 | 1100 |
| SIDBI Staff Candidates | Nil | Nil | Nil |
Guidelines for Scanning and Uploading Documents for SIDBI Grade A Exam
Before applying for the SIDBI Grade B exam, candidates must upload their photograph, signature, left thumb impression, and hand-written declaration as per the specified guidelines.
| Document | Specifications | File Type & Size |
| Photograph | – Recent passport-size color photo with light background – No caps/hats; clear face, no reflections | – JPG/JPEG – 200 x 230 pixels – 20 KB – 50 KB |
| Signature | – Sign on white paper with black ink – No capital letters | – JPG/JPEG – 140 x 60 pixels – 10 KB – 20 KB |
| Left Thumb Impression | – Use black or blue ink on white paper – Must be clear and well-scanned | – JPG/JPEG – 240 x 240 pixels – 20 KB – 50 KB |
| Hand-Written Declaration “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” | – Write in English on white paper with black ink – Must be the candidate’s own handwriting | – JPG/JPEG – 800 x 400 pixels – 50 KB – 100 KB |
Key Points:
- Resolution: Set the scanner to at least 200 DPI and use ‘True Color’.
- Uploading Process: Select files and upload them using the provided links in the application form. Preview to ensure clarity.
- Note: Incorrect uploads or unclear images may lead to application rejection. Ensure all uploads match the required specifications.
Eligibility Criteria for SIDBI Grade B Notification 2024
Candidates must meet the eligibility criteria as specified in the SIDBI Grade B Notification 2024. The eligibility includes age limits, educational qualifications, and nationality requirements.
Nationality
Candidates must be:
- A citizen of India, or
- A subject of Nepal/Bhutan, or
- A Tibetan refugee who came to India before 1st January 1962 with the intention of permanently settling in India, or
- A person of Indian origin who has migrated from countries like Pakistan, Burma, Sri Lanka, etc., with the intention of settling in India permanently.
Age Criteria
- Minimum Age: The candidate must be at least 25 years old.
- Maximum Age: The candidate must not be older than 33 years.
- Eligible Birth Dates: Candidates must have been born between 8th November 1991 and 9th November 1999 (both dates inclusive) to be eligible to apply.
SIDBI Grade B Age Relaxation
| 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 |
Educational Qualifications
To be eligible for the SIDBI Grade B Manager post, candidates must meet the following requirements:
| Position | Manager – Legal | Manager – Information Technology (IT) |
| Educational Qualifications | – Bachelor’s degree in law from a recognized university/institution (50% marks, 45% for SC/ST/PwBD candidates) – Enrolled as an advocate with the Bar Council of India | – Bachelor’s degree in Engineering/Technology (Computer Science/IT/Electronics) or MCA (60% marks, 55% for SC/ST/PwBD candidates) |
| Desirable Qualifications | – Master’s Degree in Law/Company Secretary (CS) – Proficiency in computer applications | – Industry certifications in AI/ML/Data Science – Full Stack Application Development certifications – ITIL Foundation certification |
| Experience Required | – Minimum 5 years as a Law Officer in: (a) RBI, SEBI, EXIM Bank, NABARD, NHB, NaBFID, SIDBI, Scheduled Commercial Banks, CPSEs, NBFCs – Knowledge of Banking Law, Company Law, etc. | – Minimum 5 years in IT as an IT/System Officer in: (a) All-India Financial Institutions (EXIM Bank, NABARD, SIDBI), Scheduled Commercial Banks, or NBFCs – Experience in AI/ML or web application development |
| Specific Experience Requirements | – Experience in Banking Law, Company Law, Labour Law, Recovery, Insolvency & Bankruptcy Laws, etc. | – 2 years in AI/ML solutions (hands-on with algorithms) – 2 years in Python, R, SQL, RDBMS, or web application development – Experience in IT Security or Infrastructure Management |
| Desirable Skills | – Drafting pleadings and legal documents – Special knowledge of laws like Recovery, Insolvency, and Property | – Exposure to working in Remote Process Automation tools – UI skills – Designing and managing security/network solutions |
SIDBI Grade B Selection Process
The SIDBI Grade B Recruitment 2024 Selection Process involves several stages to assess candidates’ skills, knowledge, and overall suitability for the role of Assistant Manager in Grade B. This process ensures that the most qualified candidates are chosen for the position.
| 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. |
SIDBI Grade B Exam Pattern
Candidates should note that SIDBI has changed the selection process for 2024. The detailed exam pattern is as follows:
Phase I Online Objective Examination
The first phase of the SIDBI Grade B selection process is an Online Objective Examination. This exam is designed to test the basic skills of candidates in various subjects. The exam is divided into multiple sections, each covering different areas of knowledge.
Structure of Phase I Exam
- Total Questions: 200
- Total Marks: 200
- Duration: 2 hours (120 minutes)
| Name of the Test | No. of Questions | Maximum Marks |
| English Language | 30 | 30 |
| Reasoning Aptitude | 25 | 25 |
| Quantitative Aptitude | 25 | 25 |
| Computer Knowledge | 20 | 20 |
| General Awareness (with special reference to Banking, Financial Sector, and Economic & 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 |
**Stream Specific Test
- Topics include:
1. General (Grade ‘B’):
- MSME Financing: Due diligence, KYC, financial ratios, assessment of term loans, and working capital.
- NPA and Recovery: IRAC norms, NBFC financing, and credit risk assessment.
- Note: Syllabus is indicative; additional topics may be included.
2. Legal (Grade ‘B’):
- General Law Knowledge: Key acts such as Constitutional Law, Administrative Law, and Contract Act, 1872.
- Other Laws: Includes Transfer of Property Act, Negotiable Instruments Act, Registration Act, Bharatiya Nyaya Sanhita, RTI Act, SARFAESI Act, RDB Act, and IBC.
- Additional Topics: Legal drafting and related legal frameworks.
3. IT (Grade ‘B’):
- Domain Knowledge: Focus on recent IT developments and industry trends.
- Technical Skills: Includes programming, database management, networking, security, AI/ML, and system design.
Remarks:
- The syllabus provided is only indicative and not exhaustive.
Candidates must clear the cut-off marks set by SIDBI in this phase to qualify for Phase II. It is important to note that there is negative marking in this exam, with 1/4th of the marks deducted for each incorrect answer.
Phase II: Online Descriptive Examination
Candidates who clear Phase I are eligible to appear for Phase II, which is an Online Descriptive Examination. This phase assesses the candidate’s writing skills, knowledge of the sector, and analytical thinking.
- Time for each paper is 75 minutes for descriptive and 60 minutes for objective papers.
- Descriptive answers must be typed using a keyboard, either in English or Hindi (Remington or Inscript).
- Marks per question: Some questions are worth 1-2 marks depending on the type and difficulty level.
Phase-II Exam Details for Manager Grade ‘B’
| Paper | Name of the Test | No. of Questions/Maximum Marks | Time |
| Paper I Online Descriptive | English Language (Essay, Précis Writing, Comprehension, Business/Office Correspondence) | 3/75 | 75 minutes |
| Paper II Online Objective | General Knowledge of Law (Legal Stream) | 50/75 | 60 minutes |
| Online Descriptive | Legal Knowledge (Legal Stream) | 4 out of 6 (attempted)/50 | 75 minutes |
Important Notes for Legal Stream
- Paper I: Assess writing skills and comprehension abilities.
- Paper II: Focus on Legal topics such as Constitutional Law, Statutory Interpretation, Contract Act, etc.
- Online Descriptive: 4 out of 6 questions to be attempted, with 15-mark and 10-mark questions.
For Manager Grade ‘B’ General Stream
| Paper | Name of the Test | No. of Questions/Maximum Marks | Time |
| Paper I Online Descriptive | English Language (Essay, Précis Writing, Comprehension, Business/Office Correspondence) | 3/75 | 75 minutes |
| Paper II Online Objective | MSMEs: Policy, Regulatory, and Legal Framework; Finance and Management | 50/75 | 60 minutes |
| Online Descriptive | MSME and Financial Knowledge | 4 out of 10 (attempted)/50 | 75 minutes |
Important Notes for General Stream
- Paper I: Focuses on writing skills, including expressing and understanding topics.
- Paper II: Covers MSME topics including finance, risk assessment, NPA, and investment banking.
- Online Descriptive: Attempt 4 questions out of 10, with 15-mark and 10-mark questions.
For Manager Grade ‘B’ IT Stream
| Paper | Name of the Test | No. of Questions/Maximum Marks | Time |
| Paper I Online Descriptive | English Language (Essay, Précis Writing, Comprehension, Business/Office Correspondence) | 3/75 | 75 minutes |
| Paper II Online Objective | IT Knowledge and Technical Skills (Programming, Networking, AI, Data Management) | 50/75 | 60 minutes |
| Online Descriptive | IT Knowledge (Algorithm, Big Data, Cybersecurity, IoT) | 4 out of 10 (attempted)/50 | 75 minutes |
Important Notes for IT Stream
- Paper I: Tests writing skills and comprehension.
- Paper II: Covers IT concepts such as software, programming languages, data management, AI, and cybersecurity.
- Online Descriptive: Attempt 4 out of 10 questions, including 15-mark and 10-mark questions.
SIDBI Grade B Exam Structure – Qualifying and Merit Sections
The SIDBI Grade B Phase-I exam is divided into two parts: the Qualifying Section and the Merit Section.
1. Qualifying Section
- Tests Included:
- English Language: Assesses basic English language skills such as grammar, comprehension, and vocabulary.
- Reasoning Aptitude: Evaluates logical thinking and problem-solving abilities.
- Quantitative Aptitude: Tests mathematical skills and numerical problem-solving.
- Computer Knowledge: Checks basic understanding of computer operations and IT-related concepts.
- Purpose: The tests in this section are designed to evaluate candidates’ basic aptitude and language skills.
- Important Note: Scores from this section are not considered for shortlisting in the next phase.
2. Merit Section
- Subjects Covered:
- General Awareness: Focuses on topics related to Banking, the Financial Sector, and Economic & Social Issues.
- MSMEs (Micro, Small, and Medium Enterprises): Includes knowledge of policies, regulatory frameworks, legal aspects, finance, and management related to MSMEs.
- Stream-Specific Test: A specialized test based on the candidate’s selected stream (e.g., Finance, IT, Legal).
- Purpose: The scores in this section determine the candidates’ merit ranking and eligibility for the next phase of the selection process.
3. Shortlisting for Phase II
- Candidates are shortlisted for Phase II based solely on their marks in the Merit Section.
- The scores from the Qualifying Section are not considered for shortlisting.
SIDBI Grade B Manager Post Salary
The SIDBI Manager Grade ‘B’ – General and Specialist Stream [55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years)] 1,15,000/- approx This means that the candidates who will get selected as per SIDBI Recruitment 2024 will receive the salary as approximately 1,15,000/-.
SIDBI Grade B Notification 2024 – Conclusion
The SIDBI Grade B Notification 2024 offers a promising opportunity for candidates seeking a managerial position in a reputed financial institution. With a well-structured selection process and attractive salary, it is an ideal chance for eligible candidates to build a career in the banking sector.
| Related Links | Related Links |
| SIDBI Grade B Selection Process | SIDBI Grade B Apply Online |
| SIDBI Grade B Eligibility | SIDBI Grade B Exam Date 2024 |
SIDBI Grade B Notification 2024 – FAQs
The SIDBI Grade B notification was released on 8th November 2024.
The last date to apply online for SIDBI Grade B is on 2nd December 2024.
There are 22 vacancies for Grade B Manager posts.
The selection process includes Online Screening Examination (Phase I), Online Examination (Phase II), and an Interview (Phase III).
The approximate SIDBI Grade B salary is around ₹1, 15,000 per month.
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