SIDBI Grade A Notification 2023: Apply Online For 50 Assistant Manager Vacancies

SIDBI Grade A Notification 2023: The Small Industries Development Bank of India (SIDBI) has recently released the much-anticipated SIDBI Grade A Notification 2023. This notification aims to fill 50 vacancies for the post of Assistant Manager (Grade A) in the General Stream. Interested candidates can apply for these positions through the official website www.sidbi.in. In this comprehensive guide, we will provide you with all the essential information about the SIDBI Grade A Recruitment 2023, including important dates, eligibility criteria, application process, selection process, and more.

Overview of SIDBI Grade A Notification 2023: 

Before we dive into the details, let’s have a quick overview of the SIDBI Grade A Notification 2023:

  • Recruitment Organization: Small Industries Development Bank of India (SIDBI)
  • Post Name: Assistant Manager (Grade A)
  • Stream: General Stream
  • Vacancies: 50
  • Application Mode: Online
  • Application Period:8th November 2023 to 28th November 2023
  • Selection Process: Group Discussion and Interview
  • Notification PDF Link: Click Here 
  • Apply Online: Click Here
  • Official Website: www.sidbi.in

Important Dates – SIDBI Grade A Notification 2023: 

Here are the important dates to remember for the SIDBI Grade A Recruitment 2023:

  • Notification Release Date: 8th November 2023
  • Online Registration Starts: 8th November 2023
  • Online Registration Ends: 28th November 2023
  • The cut-off date for determining Eligibility Criteria (Age): 8th November 2023
  • The cut-off date for determining Eligibility Criteria (Experience): 28th November 2023
  • Tentative Date of Group Discussion & Interview: December 2023/January 2024

It is crucial for candidates to keep these dates in mind and complete the application process within the specified timeline.

Vacancy Details – SIDBI Grade A Notification 2023: 

The SIDBI Grade A Recruitment 2023 offers a total of 50 vacancies for the post of Assistant Manager (Grade A) in the General Stream. The category-wise distribution of vacancies is as follows: 

  • UR: 22
  • SC: 11   
  • ST: 8 
  • OBC: 4
  • EWS: 5

Candidates from different categories can apply for the vacancies as per their eligibility.

Eligibility Criteria – SIDBI Grade A Notification 2023: 

To apply for the SIDBI Grade A Recruitment 2023, candidates must fulfill certain eligibility criteria set by SIDBI. Let’s take a look at the eligibility requirements:

Age Limit:

The maximum age limit for candidates applying for the Assistant Manager (Grade A) post is 30 years. Candidates born not earlier than November 9, 1993, are eligible to apply. However, certain age relaxations are provided for candidates belonging to reserved categories as per government norms.

Educational Qualification:

Candidates must possess a Bachelor’s degree in any subject from a recognized university or institution. The minimum aggregate marks required are 60% for general category candidates and 55% for SC/ST/PwBD applicants. Alternatively, candidates with a CA/CS/CWA/CFA/CMA qualification or a Bachelor’s degree in Law/Engineering with the specified aggregate marks are also eligible to apply.

Work Experience:

Candidates must have a minimum of 2 years of work experience in Scheduled Commercial Banks/All India Financial Institutions in areas of MSME lending or 3 years of work experience in systemically important NBFCs in MSME lending/Non-Individual lending/Corporate Lending.

Application Process For SIDBI Grade A Notification 2023: 

The application process for the SIDBI Grade A Recruitment 2023 is conducted online through the official website. Here are the steps to apply:

  • Click on the “Careers” section and select the “Application for Assistant Manager ‘Grade-A’ in General Stream” link.
  • Read the instructions carefully and click on the “Click here to apply online” link.

  • Register yourself by providing the required details and generate a provisional registration number and password.

  • Login using the registration number and password to fill in the application form.

  • Upload the necessary documents, including a photograph, signature, left thumb impression, and a handwritten declaration, as per the specified dimensions.
  • Pay the application fee online through the provided payment gateway.
  • Review the application form and submit it before the last date.

Candidates are advised to double-check all the information provided before submitting the application form to avoid any errors or discrepancies.

Application Fee – SIDBI Grade A Notification 2023: 

Candidates need to pay the application fee as per their category. The fee details are as follows:

  • General/OBC/EWS: Rs. 1100/-
  • SC/ST/PWD: Rs. 175/-

The application fee can be paid online using various payment modes available on the website.

Selection Process – SIDBI Grade A Notification 2023: 

The selection process for the SIDBI Grade A Recruitment 2023 consists of two stages:

  • Group Discussion (GD)
  • Interview

Candidates who qualify for the GD round will be shortlisted for the interview round. The final selection will be based on the candidate’s performance in the interview.

Salary Details – SIDBI Grade A Notification 2023: 

The selected candidates for the Assistant Manager (Grade A) post will receive a competitive salary package. The approximate salary for the position is Rs. 90,000/- per month. The pay scale is 44500 – 2500(4) – 54500 – 2850(7) – 74450 – EB – 2850(4) – 85850 – 3300(1) – 89150 (17 years).

Frequently Asked Questions (FAQs) About SIDBI Grade A Notification 2023:

Here are answers to some commonly asked questions about the SIDBI Grade A Recruitment 2023:

Q1. How many vacancies are released under SIDBI Grade A Notification 2023?

A1. A total of 50 vacancies are released under the SIDBI Grade A Notification 2023.

Q2. What is the application online date for SIDBI Grade A Notification 2023?

A2. The online registration process for SIDBI Grade A Recruitment 2023 starts on 8th November 2023.

Q3. How can I apply for SIDBI Grade A Notification 2023?

A3. To apply for SIDBI Grade A Recruitment 2023, visit the official website of SIDBI and follow the step-by-step application process mentioned in the notification.

The SIDBI’s Grade A Notification 2023 presents a great opportunity for candidates looking to join the Small Industries Development Bank of India. Interested candidates are advised to carefully go through the official notification and ensure that they meet all the eligibility criteria before applying. The application process is conducted online, and candidates must submit their applications before the specified deadline. With thorough preparation and dedication, candidates can boost their chances of securing a position as an Assistant Manager (Grade A) in SIDBI.

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