SIDBI Grade A Notification 2024

SIDBI Grade A Notification 2024

SIDBI is the Principal Financial Institution set up under an Act of Parliament for promotion, financing, and development of Micro, Small and Medium Enterprises (MSMEs) sector in India. SIDBI Grade A 2024 Notification has been released by SIDBI. This time there are 50 vacancies and it's a very good opportunity for government job aspirants. We are providing all the important details of this notification below. Have a look:

SIDBI Grade A Notification 2024 Important Dates

SIDBI Grade A 2024 Vacancies Details

SIDBI Grade A Vacancy 2024 will be released soon on the official website. Last year vacancy has been given below.

Note: The selected candidate will be required to execute a Service Bond undertaking to serve the SIDBI for a period of 3 years or to pay SIDBI a sum of `2 Lakh in case he/she leaves SIDBI before the completion of the 3 year service period.

SIDBI Grade A 2024 Job Profile

1. Augmenting credit penetration in MSME, Microfinance, Startup/Venture Capital Sector through Direct / Indirect Credit Delivery and Monitoring Mechanisms.
2. Contributing in entrepreneurship promotion & skill development activities of the Bank for the MSME sector, including facilitating co-operation and co-ordination with various stakeholders.
3. To be key input providers in Business Analytics and decision-making process by gathering regular market feedback/research and update the Management with the trends in their areas/clusters to assist Bank in prioritization of various new initiatives and projects.
4. participate in internal management/administration, control and monitoring related functions to ensure that the Bank remains an adaptable and responsive organization amidst changing dynamics of MSME sector and overall economy.
5. Any other work as assigned by the Bank from time to time.

SIDBI Grade A 2024 Salary Details & Career Prospects

Below are all the salary & career progression details of SIDBI Grade A:

SIDBI Grade A Salary Details

The Small Industries Development Bank of India offers an attractive pay scale for its Assistant Manager Post, as mentioned in the SIDBI Grade A 2024 notification PDF. The salary range is estimated at around Rs. 90,000/-. The pay scale structure includes stages like 44500 – 2500(4) – 54500- 2850(7) – 74450 -EB -2850(4) – 85850 -3300(1) – 89150 (17 years). In addition to the competitive salary, selected candidates will also enjoy numerous benefits and allowances.

Presently, the gross emolument includes Dearness Allowance, Grade Allowance, Special Allowance, Local Compensatory Allowance etc. Further, candidates selected for the post will be governed by "the defined contribution New Pension Scheme (NPS)'. Besides emoluments as per the pay scale given above, the posts indicated above shall carry other facilities   like   gratuity, leave fare concession (once in two years for self, spouse and eligible dependents), reimbursement of medical expenses, vehicle maintenance expenses/ allowance, lounge expenses, telephone expenses, newspaper, book grant, education expenses, allowance for furnishing the residence, interest free festival advance upto one month's gross emoluments, SIDBI's accommodations or leased flat facility in lieu thereof, Loans and Advances at concessional rates for car, housing, travel, personal computer/tablets etc., as per SIDBI's rules. Amount may vary depending upon the place of posting.

SIDBI Grade A Career Prospects

SIDBI, at its discretion, may grant not more than 4 advance increments (including JAIIB/CAIIB increments) in the pay scale in which the candidate has been offered the post, to such candidates who possess good academic qualification or special experience of value to SIDBI. However, such requests shall be examined on a case-to-case basis by SIDBI only after the candidate has reported for duty and submitted necessary documentary evidence, as required by SIDBI. The decision of SIDBI for grant of such advance increments or otherwise, as also the date of grant of such advance increments, shall be final and binding on the candidate and no correspondence in this regard shall be entertained.

Probation and posting / transfer - The selected candidates would be on probation for a period of 2 years which is extendable upto maximum 4 years at the discretion of SIDBI. The selected candidates will be liable to be posted / transferred at discretion of SIDBI to various offices/ verticals/ associates/ subsidiaries of SIDBI from time to time and on such terms and conditions as may be decided by SIDBI.

SIDBI Grade A Eligibility Criteria

Please read these details carefully. Not meeting with the eligibility criteria may lead to the cancellation of your candidatureship.

Nationality

Review all SIDBI Grade A nationality criteria and take note of the essential rules to excel in your GD/PI preparation.

• Candidates possessing Indian nationality are eligible to participate in the SIDBI Grade A 2024 GD/PI, as per the eligibility criteria outlined by SIDBI. 
• Additionally, individuals with citizenship from Nepal, Bhutan, and Tibetan refugees who arrived in India prior to January 1, 1962, with genuine intentions of residing here, can also qualify for the GD/PI. 
• It's important to note that while candidates who need to provide certificates for eligibility can take the GD/PI, the issuance of offer letters will be subject to verification based on the SIDBI Grade A eligibility criteria.

Age Details

Not below 21 years and not exceeding 28 years.

(Candidates born not earlier than 05.03.1994 and not later than 04.03.2001 [both days including] are only eligible to apply)

Relaxation in the Upper Age Limit

Educational Qualification Details

Bachelors' Degree in Law, OR Bachelors' Degree in Engineering (Preferably Civil/ Electrical/ Mechanical)

OR

Master's Degree in any discipline (Preferably from Commerce/ Economics/ Management subject) from an institute/ University recognized by the University Grant Commission (UGC)/ Central Government

OR

CA/ CS/ CWA/ CFA

OR

Ph.D. from Institutions recognized by GOI/UGC.

The candidate must have scored minimum 60% marks or first class (55% or Second class, in case of SC/ST), in aggregate in any of the above indicated qualifications.

SIDBI Grade A Selection Procedure 2024

Candidates aspiring for the SIDBI Grade A positions will undergo a rigorous selection process, including a Psychometric Test, Group Discussion, and Interview. According to the SIDBI Grade A 2024 Notification, Group Discussions and Interviews will take place in Lucknow, Mumbai, New Delhi, Chennai, and Kolkata.

SIDBI Grade A 2024 Admit Card

The SIDBI Grade A Admit Card is a vital document that is mandatory for entry into the GD/PI hall. It is typically made available approximately one week before the scheduled GD/PI date.

You can download the SIDBI Grade A 2024 admit card by following these steps:

• Visit the official SIDBI website.
• Provide your registration number or roll number along with your password or date of birth.
• Enter the captcha code.
• Download the SIDBI 2024 GD/PI Admit Card and print it for reference

SIDBI Grade A 2024 Online Application

SIDBI Grade A Candidates are exclusively allowed to apply online through the SIDBI website, with no alternative method of application accepted.

Step 1:To initiate the SIDBI Grade A application process, candidates should visit the SIDBI website at www.sidbi.in and click on the "APPLY ONLINE" option, which will open a new window.

Step 2: For SIDBI Grade A registration, select the "Click here for New Registration" tab and input your Name, Contact information, and Email-id. The system will generate a Provisional Registration Number and Password, displayed on the screen. Make sure to note down these details. An Email and SMS will also be sent, confirming the Provisional Registration Number and Password.

Step 3: SIDBI Grade A candidates need to save partially completed application data, they can do so by selecting the "SAVE AND NEXT" tab. Before submitting the online application, it's advisable to utilize the "SAVE AND NEXT" feature for verifying and, if necessary, modifying the details. Visually Impaired candidates should diligently fill and review the application for accuracy before final submission.

Step 4: Candidates applying for SIDBI Grade A should take extreme care when filling and verifying the details in the online application, as changes will not be possible in SIDBI Grade A online application after clicking the "COMPLETE REGISTRATION" BUTTON.

Step 5: The candidate's name, as well as that of their Father/Husband, should match the details in certificates, mark sheets, and identity proof. Any discrepancies in SIDBI Grade A online application form may lead to disqualification.

Step 6: After validating the details, save your application by clicking the ‘Validate your details' and ‘Save & Next' options.

Step 7: SIDBI Grade A candidates can then proceed to upload their Photo and Signature, adhering to the specifications outlined in the Guidelines for Scanning and Upload of Photograph and Signature provided under point "C."

Step 8: Following this, candidates can fill in the remaining sections of the SIDBI Grade A Application Form.

Step 9: Click on the Preview Tab to review and verify the entire SIDBI Grade A application form before clicking "COMPLETE REGISTRATION."

Step 10: If needed, modify any details and ensure that the uploaded photograph and signature, as well as other entered information, are correct before clicking ‘COMPLETE REGISTRATION.'

Step 11: Finally, click on the ‘Payment' Tab and proceed with the payment process, followed by clicking the ‘Submit' button to complete your application.

SIDBI Grade A 2024 Fee Details

Candidates must submit the necessary application fee corresponding to their category while completing their SIDBI Grade A Application Form. It's important to note that the fees are non-refundable once paid

• Payment can be processed through various methods, including Debit Cards (RuPay / Visa / Master Card / Maestro), Credit Cards, Internet Banking, IMPS, and Cash Cards/ Mobile Wallets, as instructed on the screen. 
• Once the SIDBI Grade-A Candidate enters the payment details in the online application, kindly await confirmation from the server. Avoid pressing the back or refresh button to prevent duplicate charges. 
• Upon a successful transaction, the SIDBI Grade A candidate will receive an E-Receipt for your reference.

SIDBI GD PI 2024 Excellence Course

We are providing the SIDBI GD PI 2024 excellence course. The course includes the following features:

• Mock Interview with Ex-Interview Panel Member (Ex CGM, RBI) with detailed feedback from the interviewers 
• Around 25+ detailed sessions for All-Round interview preparation
• Comprehensive PDF materials to enhance your preparation
• Personalised doubt clearing sessions on whatsapp
• Sessions for Personality Development 

Buy this SIDBI GD PI Excellence Course and secure your position.