SIDBI Grade B Managerial Recruitment 2024 : Check Eligibility Criteria, Application Process, Vacancy Details

The Small Industries Development Bank of India (SIDBI) has announced the recruitment of officers for the position of Manager in Grade ‘B’ on a deputation basis for 2024-25. SIDBI plays a crucial role in the promotion, financing, and development of the Micro, Small, and Medium Enterprises (MSME) sector.

There are 35 vacant posts, and the last date to apply is September 30, 2024. Interested candidates should consider reading this article until the end to get a better understanding of eligibility criteria, the application process, and more.

Contents

1 Overview of SIDBI Grade B Managerial Recruitment 2024
2 Eligibility Criteria of SIDBI Grade B Managerial Recruitment 2024
3 Vacancy Breakdown of SIDBI Grade B Managerial Recruitment
4 How To Apply for SIDBI Grade B Manager Recruitment 2024?
- 4.1 Important
5 Selection Process of SIDBI Grade B Manager Recruitment 2024
6 FAQs

Overview of SIDBI Grade B Managerial Recruitment 2024

SIDBI is inviting applications for the Manager in Grade ‘B’ position on a deputation basis for 2024-25. This role supports the development of the MSME sector across India.

Below are the key details:

Organization	Small Industries Development Bank of India (SIDBI)
Recruitment Announcement	Recruiting for Manager in Grade ‘B’ on deputation for 2024-25.
Application Last Date	September 30, 2024
Purpose	Promote, finance, and develop the MSME sector.
Total Vacancies	35 (30 in Branch Offices, 5 in Verticals)
Deputation Period	Up to 3 years, extendable for another 2 years
Pay Scale	₹55,200 – ₹99,750 with additional benefits
Official Website	sidbi.in
Official Notification	Click Here

Eligibility Criteria of SIDBI Grade B Managerial Recruitment 2024

To be eligible for this recruitment drive, you must meet the following eligibility criteria –

Post Name	Educational Qualifications	Age Limit
Manager in Grade ‘B’ (General Stream)	Graduate in any discipline; preferred: MBA, CA, CFA, or similar certifications	37 years
Risk Management Vertical	Graduate in any discipline with MBA/PGDM in Finance, MSc Risk Management, or BE/BTech with risk management qualifications	37 years
Treasury & Resource Management Vertical	Graduate in any discipline with MBA/PGDM in Finance or similar qualifications	37 years

Vacancy Breakdown of SIDBI Grade B Managerial Recruitment

A total of 35 vacancies for Manager Posts in Grade ‘B’ (General Stream) have been released by SIDBI.

Here is a quick breakdown of the listed vacancies –

Post	SIDBI Office/ Vertical	Total Vacancies
Manager in Grade ‘B’ (General Stream)	Branch offices	30
	Risk Management Vertical (RiMV)	02
	Treasury & Resource Management Vertical(TRMV)	03
Total		35

How To Apply for SIDBI Grade B Manager Recruitment 2024?

Interested candidates must carefully follow these steps to ensure their applications for the Manager in Grade ‘B’ position are submitted correctly:

Download and fill out the application form in the prescribed format available on the SIDBI website.
Attach a recent passport-sized photograph.
Attach the necessary documents, including:
- Employer certification
- Annual Performance Appraisal Reports (last four years)
- Vigilance clearance certificate
- Self-attested copies of:
  - Proof of identity
  - Proof of age
  - Educational qualifications (certificates/mark sheets)
  - Work experience certificates
  - Caste certificate (if applicable)
  - PwBD certificate (if applicable)
Lastly, submit your application online by mailing your application form and other documents to the [email protected]. Ensure the subject line reads: “Application for the post of Manager in Grade ‘B’ (General Stream) On Deputation <Name of Candidate>.”
Alternatively, you can submit your application by courier. For this, put hard copies of all the documents along with the filled application form in an envelope and write “Application for the post of Manager in Grade ‘B’ (General Stream) On Deputation <Name of Candidate>” on the envelope.
Then, courier the envelope to:
CGM (HRDV) SWAVALAMBAN BHAVAV, Plot No. C-11, ‘G’ Block,
Bandra Kurla Complex, Bandra (East),
Mumbai – 400051, Maharashtra

Important

Double-check that your application includes all required documents and is signed. Consider checking the official notification for more.

Download Official Notification of SIDBI Grade B Manager Recruitment

Applications missing any document or not in the correct format will be rejected.
Ensure your application is submitted on or before September 30, 2024.
Ensure that your email and phone number remain active for any communication regarding the application and interview process.

Selection Process of SIDBI Grade B Manager Recruitment 2024

The selection process for the Manager in Grade ‘B’ position is designed to find the best candidates.

Here’s how it works:

Initial Screening: The bank will perform preliminary screening of applications to shortlist eligible candidates.
Personal Interview: Shortlisted candidates will be invited for a personal interview (online or face-to-face).
Merit List Preparation: A merit list will be prepared based on interview scores, with candidates ranked by age in case of a tie.
Wait List Creation: The bank may also create a wait list to accommodate additional candidates if needed.

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