Are you looking for a rewarding career in the banking sector? Do you want to work for an organization that supports the growth and development of small and medium enterprises in India? If yes, then you might be interested in the SIDBI Grade A Recruitment 2023.
SIDBI, or Small Industries Development Bank of India, is a premier financial institution that provides credit and other services to the micro, small, and medium enterprises (MSME) sector in India. SIDBI also acts as a nodal agency for several government schemes and initiatives for the MSME sector.
SIDBI has recently released the notification for the recruitment of 50 Assistant Managers in Grade A (General Stream) for the year 2023. This is a golden opportunity for candidates who want to join SIDBI and contribute to the nation’s economic development.
SIDBI Grade A Vacancy 2023
The SIDBI Grade A Notification 2023 has announced a total of 50 vacancies for the post of Assistant Manager in Grade A (General Stream). The vacancies are distributed among various categories as follows:
- General: 21
- OBC: 14
- EWS: 5
- SC: 7
- ST: 3
- PwBD: 4 (1 each for VH, HH, OH, and MD)
The number of vacancies is provisional and may change at the discretion of SIDBI. The reservation for the categories will be as per the government rules and regulations.
SIDBI Grade A Eligibility Criteria 2023
Before applying for the SIDBI Grade A Recruitment 2023, candidates must ensure that they meet the eligibility criteria prescribed by SIDBI. The eligibility criteria include the following aspects:
- Age Limit: The candidate must not be more than 30 years of age as of November 08, 2023. This means that the candidate must have been born not earlier than November 09, 1993. However, there is a relaxation in the upper age limit for the reserved categories as per the government norms. The relaxation is as follows:
- SC/ST: 5 years
- OBC (Non-Creamy Layer): 3 years
- PwBD: 10 years
- Ex-Servicemen: 5 years
- Persons affected by 1984 riots: 5 years
- Educational Qualification: The candidate must have a bachelor’s degree in any subject from any recognized university or institution with a minimum of 60% marks (55% for SC/ST/PwBD candidates) in aggregate from universities or institutions recognized by the Government of India or UGC. The candidate must also have a working knowledge of computers.
- Post Qualification Experience: The candidate must have a minimum of 2 years of full-time work experience in any of the following fields:
- Banking
- Financial Institutions
- Rating Agencies
- NBFCs
- RBI
- NABARD
- SIDBI
- Other institutions engaged in financing, development, and promotion of the MSME sector
The work experience must be as of November 28, 2023. The candidate must also have a valid score card of any of the following examinations:
- IBPS PO/MT 2022-23
- SBI PO 2022-23
- RBI Grade B 2022-23
The scorecard must be valid as of November 28, 2023. The candidate must have scored at least 60% marks (55% for SC/ST/PwBD candidates) in the online examination of the above-mentioned examinations.
SIDBI Grade A Application Fee 2023
The candidates who want to apply for the SIDBI Grade A Recruitment 2023 have to pay an application fee through online mode only. The application fee is non-refundable and varies according to the category of the candidate. The application fee is as follows:
- General/OBC/EWS: Rs. 1100/-
- SC/ST/PwBD: Rs. 175/-
The application fee includes the intimation charges and the GST. The payment can be made through debit card, credit card, net banking, or any other online mode available on the website.
SIDBI Grade A Selection Process 2023
The selection process for the SIDBI Grade A Recruitment 2023 consists of three stages:
- Psychometric Test
- Group Discussion
- Interview
The candidates who fulfill the eligibility criteria and pay the application fee will be shortlisted for the psychometric test. The psychometric test will be conducted online and will assess the personality, communication, problem-solving, efficiency, suitability, and other aspects of the candidates. The psychometric test will be qualifying in nature and the marks obtained will not be considered for the final selection. The candidates who clear the psychometric test will be called for the group discussion and interview.
The group discussion and interview will be conducted at various SIDBI offices across the country. The candidates will have to appear for both the group discussion and interview on the same day. The maximum marks for the group discussion and interview will be 100 each. The candidates will be evaluated based on their knowledge, skills, attitude, aptitude, and other relevant factors.
The final selection will be based on the combined marks obtained by the candidates in the group discussion and interview. The candidates will also have to undergo a medical examination and document verification before joining SIDBI. The candidates will have to produce the original and self-attested copies of the following documents:
- Proof of identity (Aadhaar card, PAN card, passport, etc.)
- Proof of date of birth (birth certificate, matriculation certificate, etc.)
- Proof of educational qualification (mark sheets, degree certificates, etc.)
- Proof of work experience (experience certificates, salary slips, etc.)
- Proof of category (caste certificate, disability certificate, etc.)
- Proof of scorecard (IBPS PO/MT, SBI PO, RBI Grade B, etc.)
- Any other relevant document
SIDBI Grade A Application Form 2023
The candidates who are interested and eligible for the SIDBI Grade A Recruitment 2023 can apply online through the official website of SIDBI, www.sidbi.in. The online application process started on November 08, 2023, and will end on November 28, 2023. The candidates have to follow the steps given below to fill out the SIDBI Grade A Application Form 2023:
- Visit the official website of SIDBI, www.sidbi.in.
- Click on the “Careers” tab on the homepage.
- Click on the link that says “SIDBI invites Applications for Recruitment of Officers in Grade ‘A’– General Stream – 2023”.
- Read the detailed advertisement carefully and check the eligibility criteria.
- Click on the link that says “Click here to APPLY ONLINE”.
- Register yourself by providing your name, email id, mobile number, and other details.
- A provisional registration number and password will be generated and sent to your email id and mobile number.
- Login with your registration number and password and fill out the application form with your personal, educational, work experience, and other details.
- Upload your scanned photograph, signature, and other documents as per the specifications given in the notification.
- Pay the application fee through online mode and submit the application form.
- Take a printout of the application form and the e-receipt for future reference.
SIDBI Grade A Notification 2023: Comparison with Previous Year
The SIDBI Grade A Notification 2023 has some changes and updates as compared to the previous year’s notification. The major changes are as follows:
- The number of vacancies has increased from 40 to 50.
- The online written test has been eliminated and replaced by a psychometric test.
- The candidates have to have a valid scorecard of IBPS PO/MT, SBI PO, or RBI Grade B examinations.
- The candidates have to have a minimum of 2 years of work experience in the relevant fields.
These changes indicate that SIDBI is looking for candidates who have a strong aptitude, personality, and experience in the banking and financial sector. The candidates who want to apply for the SIDBI Grade A Recruitment 2023 should prepare accordingly and focus on their group discussion and interview skills.
Conclusion
If you are interested in applying for the SIDBI Grade A Recruitment 2023, you should not miss this opportunity and apply online before the last date, i.e., November 28, 2023.
SIDBI Grade A Recruitment 2023 is a great chance for candidates who want to work for a prestigious organization that supports the MSME sector in India. SIDBI offers a lucrative salary, attractive perks, and a challenging work environment for its employees. SIDBI also provides ample opportunities for learning, growth, and career development for its employees.
So, what are you waiting for? Apply for the SIDBI Grade A Recruitment 2023 and get ready to join SIDBI as an Assistant Manager in Grade A (General Stream). We wish you all the best for your preparation and selection.
FAQs:
Q: What is SIDBI?
A: SIDBI stands for Small Industries Development Bank of India, which is a premier financial institution that provides credit and other services to the micro, small, and medium enterprises (MSME) sector in India.
Q: What is the SIDBI Grade A Recruitment 2023?
A: The SIDBI Grade A Recruitment 2023 is a recruitment process for the post of Assistant Manager in Grade A (General Stream) in SIDBI. The notification for the recruitment was released on November 08, 2023.
Q: How many vacancies are there for the SIDBI Grade A Recruitment 2023?
A: There are a total of 50 vacancies for the SIDBI Grade A Recruitment 2023, distributed among various categories as per the government rules and regulations.
Q: What are the eligibility criteria for the SIDBI Grade A Recruitment 2023?
A: The eligibility criteria for the SIDBI Grade A Recruitment 2023 include the age limit, educational qualification, work experience, and scorecard of any of the following examinations: IBPS PO/MT 2022-23, SBI PO 2022-23, or RBI Grade B 2022-23.
Q: What is the application fee for the SIDBI Grade A Recruitment 2023?
A: The application fee for the SIDBI Grade A Recruitment 2023 is Rs. 1100/- for General/OBC/EWS candidates and Rs. 175/- for SC/ST/PwBD candidates. The application fee is non-refundable and includes the intimation charges and the GST.
Q: How to apply for the SIDBI Grade A Recruitment 2023?
A: The candidates who are interested and eligible for the SIDBI Grade A Recruitment 2023 can apply online through the official website of SIDBI, www.sidbi.in. The online application process started on November 08, 2023, and will end on November 28, 2023.
Q: What is the selection process for the SIDBI Grade A Recruitment 2023?
A: The selection process for the SIDBI Grade A Recruitment 2023 consists of three stages: psychometric test, group discussion, and interview. The candidates who clear the psychometric test will be called for the group discussion and interview. The final selection will be based on the combined marks obtained by the candidates in the group discussion and interview.
Q: What are the salary and perks for the SIDBI Grade A Recruitment 2023?
A: The salary and perks for the SIDBI Grade A Recruitment 2023 are as follows:
- Basic Pay: Rs. 36,000/- per month
- Dearness Allowance: As per the prevailing rate
- House Rent Allowance: 7%, 8%, or 9% of the basic pay depending on the place of posting
- City Compensatory Allowance: 3%, 4%, or 5% of the basic pay depending on the place of posting
- Other Allowances: Medical, conveyance, entertainment, newspaper, etc.
- Total Emoluments: Rs. 60,000/- per month (approx.)
- Other Benefits: Provident Fund, Gratuity, Pension, Leave Fare Concession, Medical Reimbursement, etc.
Q: What are the important dates for the SIDBI Grade A Recruitment 2023?
A: The important dates for the SIDBI Grade A Recruitment 2023 are as follows:
- Online Application Start Date: November 08, 2023
- Online Application End Date: November 28, 2023
- Psychometric Test Date: To be notified later
- Group Discussion and Interview Date: To be notified later
