SIDBI Bank Recruitment 2022-23: 100 Assistant Manager General Stream Vacancies

SIDBI Recruitment 2022-23 For Recruitment of Assistant Manager in Grade ‘A’ – General Stream: SIDBI (Small Industries Development Bank of India) is the Principal Financial Institution set up under an Act of Parliament for promotion, financing and development of MSME sector in India. With the recent announcement from SIDBI, there are a few vacancies of Assistant Manager in Grade ‘A’ – General Stream intended to be filled up through competent recruitment norms.

SIDBI Advertisement No 01/Grade A/2022-23

Name of the Vacancy Announced: Assistant Manager in Grade ‘A’ – General Stream

Number of Vacancies: Total 100 Vacancies

Important Dates:

Starting Date for On-line Registration/ Submission of Online Application 13 December 2022
Last Date for On-line Registration/ Submission of Online Application 03 January 2023
Last Date for Payment of Fee January 03, 2023
Date of Online Exam
January/ February, 2023
Tentative Schedule of Interview
February, 2023

Academic Qualification: Candidates must possess Post-Graduation Degree in any discipline (Preferably from Commerce/ Economics/ Management subject) from an institute / University recognized by the University Grant
Commission (UGC)/ Central Government. OR

Possess Bachelors’ Degree in Law / Bachelors’ Degree in Engineering (Preferably Civil / Electrical / Mechanical). OR

CA / CS / CWA / CFA / CMA OR Ph.D. from Institutions recognized by GOI/UGC.

Age Considerations As on 14-December-2022: The candidates applying for these vacancies must have attained the minimum age of 21 years and should not have exceeded the maximum of 28 years. However, for candidates belonging to reserved categories as demarcated by the Government of India, the upper age limit will be relaxed based on the norms specified.

Selection Procedure: The selection is done in the mode of Online Written Test followed by a Personal Interview. Candidates qualifying the personal interview will be considered for final short-listing.

Online examination comprising of

Objective test- 200 Marks covering topics English Language, Reasoning Aptitude, Quantitative Aptitude and General Awareness; as well as

Descriptive test- 50 Marks Comprising of two Essays on Financial/ Banking/ Economic and Social Issues in India (20 Marks each) and one Business Letter Writing (10 Marks).

Probation Period: The selected candidates would be on a probation for a period of two years which is extendable up to maximum four years at the discretion of the Bank.

Pay Scale and Stipendiary Provisions: The candidates successfully joining SIDBI will be eligible for remuneration in the scale of Rs. 28150 – 55600/- (17 years) as applicable for Grade-A service. Candidates will also be eligible for other allowances as per norms. The initial monthly emoluments at the time of induction will be approximately Rs.36000 per month. As per the existing guidelines of the Bank, candidates having already qualified JAIIB/ CAIIB (prior to joining SIDBI) will be eligible to be considered for grant of one/ two advance increments in the pay scale subject to production of documentary evidence to the satisfaction of the Bank in this regard.

Application Fee:
For SC/ST/PwBD: Rs. 175/-
For All others including OBCs/ EWS and General Candidates: Rs. 1100/-
The candidates only have the option of remitting fees via ONLINE MODE where they can pay through Internet Banking/ Debit/ Credit Card by following the instructions.

How to Apply: Apply Online Here 
The interested candidates can apply through Online mode only through the website of the SIDBI at

The candidates should ensure that they fulfill all eligibility before applying. One must refer to official recruitment advertisement before applying for the same. The application form should be filled in accurately and should be verified before submission.

After completing the procedure of applying on-line including payment of fees, the candidate should take a printout of the system generated online application form, ensure the particulars filled in are accurate and retain it along with Registration Number and Password for future reference. The candidates should follow the Career section of the website of SIDBI at in regular intervals for updates and announcements.

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All candidates whether in Government Service or in Government owned undertaking or other similar organizations/ Corporations/ Boards/ Bodies or in private employments should forward his/ her application through his/ her Controlling Officer/ Employer for applying to SIDBI Bank Recruitment 2022-23: 100 Assistant Manager General Stream Vacancies 2023.

About Pankaj Singh

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