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Jobs in SIDBI(Small Industries Development Bank of India)

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Poster of SIDBI

Introduction of Recruiting Department:

SIDBI (Small Industries Development Bank of India) is a regulatory body that oversees the regulation and licensing of MSME (Micro, small, and Medium (Enterprise) Finance companies that are located in India. It aims to ease the credit facilitation process to small organizations and businesses that operate out of India.

SIDBI has advertised 100 vacancies of Officers in Grade ‘A’– General Stream.

Also must read : Jobs in Oil India Limited

1. Jobs in SIDBI: Particulars of the Job

Reference of notificationAdvertisement published on 04/03/2022
Mode of applicationOnline application
City of JobAnywhere in India
State of JobAnywhere in India (Any vertical / subsidiary of SIDBI)
Country of JobIndia
Name of Department/ Organisation/ CompanySmall Industries Development Bank of India (SIDBI)
Start Date of submission of Application04-03-2022
Last date and time of submission of Application24-03-2022
Date of Issue of Admit CardYet to be declared
Date of examination (Online mode only)16-04-2022
Date of resultsYet to be notified
Interview scheduleMay 2022 (tentative)

2. Jobs in SIDBI: Post, vacancies, pay scale, qualification, and age limit

Name of the postOfficers in Grade ‘A’– General Stream
Vacancies100
Pay scale( INR) 28150 – 1550(4) – 34350 – 1750(7) – 46600 -EB – 1750(4) – 53600 – 2000(1) – 55600 (17 years) ` 70,000/ – approx ( Minimum  Gross Emoluments per month)
Qualification ## (As on 24 March, 2022)Bachelors’ Degree in Engineering
(Preferably Civil or Electrical or
Mechanical) / Bachelors’ Degree in Law ;
OR
Post Graduate Degree in any subject
from an Institute / University recognized
by the University Grant Commission
(UGC) or Central Government;
OR
CA / CS / CWA / CFA from ICAI / ICSI /
ICWAI / CFA Institute.
Notes * : (i) The Candidates appearing in the final year exam are also eligible to apply, provided they submit the final mark sheet and provisional / final degree certificate, in original at the time of interview.
## The minimum essential qualification has been amended in terms of Corrigendum No 01/Grade A/2021-22. Refer official corrigendum
https://www.sidbi.in/files/careers/Corrigendum_SIDBI_Officers_General_Stream_IBPS.pdf

(ii) The candidate should have obtained a minimum of 60% marks or first class in any of the above qualifications mentioned.  
(iii) For SC/ST 55% or second class in any of the above qualifications mentioned.
Age Limit (As on 4th March 2022)Not below 21 years and not above 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)
Eligibility criteriaThe candidate should be a
1. Citizen of India (or)
2. Subject of Nepal (or)
3. Subject of Bhutan (or)
4. Tibetian refugee who came to India before 1st Jan 1962
5. Person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malwi, Zaire, Ethiopia, and Vietnam with the intention of permanently settling in India.
Note: Provided that a candidate belonging to categories (2), (3, (4) or (5 above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination / interview conducted by SIDBI but on final selection, the offer of appointment may be given only after the necessary eligibility certificates have been issued to him / her by the Government of India.

*For Institutes/ Universities awarding CGPA, following minimum must be obtained.

Equivalent CGPA / OGPA/CPI or similar terminologies allotted on 10 -point scale Class / Division   Aggregate % of Marks
          6.75            I [First]60%
          6.25            II [Second]55%

Note:    Relaxation in age limit is applicable to different reservation categories as per official notification released by SIDBI.

3. Jobs in SIDBI: Examination Pattern

Selection procedure is consisting of :

(i) On line Computer based Test

(ii) Interview of shortlisted candidates based on CBT ( To be held at 10 Centres given in notification).

The candidates will have to take an online computer-based test which has both objective and descriptive type questions. It is to be noted that the question paper will be in both English and Hindi language (except for the English language test and descriptive test). The examination pattern will be as follows:

S.No.Section NameTypeNo of questionsMaximum marksTime
1English LanguageObjective303020 mins
2General Awareness (With special reference to Banking and Financial Sector and Economic and Social Issues)Objective505030 mins
3Reasoning AptitudeObjective406040 mins
4Quantitative AptitudeObjective406030 mins
5Online descriptive test: Candidates will be required to answer by typing on computer   Comprising of two Essays on Financial / Banking / Economic and Social Issues in India (20 Marks each) and one Business Letter Writing (10 Marks)   Note : It is compulsory to attempt all the 03 questions.Descriptive35060 mins
TOTAL163250180 mins

Notes:

  • 1/4th of the marks allotted to that question will be deducted for wrong answers in objective-type questions.
  • Only if the candidate clears the minimum cut-off in the objective section, their descriptive part will be evaluated.
  • Both sections-wise and overall test scores will be taken to determine the cut-off for the candidates.
  • The Descriptive Test will be evaluated only for those candidates who qualify in the Objective type of tests (on total and individual sections of objective tests) and are ranked adequately high as per total marks in the objective test.

Must Read : GK for competitive Exams

4. Jobs in SIDBI: Particulars of Fees to be paid along with Application

CategoryApplication Fee (in INR)Intimation Charges (in INR)Total (in INR)
SC/ST/PwBDNil175175
OBCs/EWS and General Candidates9251751100
Staff CandidatesNilNilNil

Note: Fees can be paid only through online mode either by Debit Cards, Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.

5. Jobs in SIDBI: How to Apply

Step 1: Log on to: www.sidbi.in

Step 2: Go to the careers page, and find the notification for the post: Applications for Recruitment of Officers in Grade ‘A’– General Stream.

Step 3: Click on new registration if you are visiting for the first time and fill in all mandatory details to obtain a provisional registration number and password.

Step 4: Go through all the instructions carefully and fill out the form completely without making any mistakes. If you are not able to complete it in one stretch, you can save the progress and complete it later on as well.

Step 5: The following documents need to be uploaded by the candidates before completing the registration.

  • Photograph (photograph (4.5 cm* 3.5 cm)
  • Signature (with black ink)
  • Left thumb impression (on white paper with black or blue ink)
  • Handwritten declaration (on white paper with black ink). The text is given below (should be uploaded only in the English language:

“I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true, and valid. I will present the supporting documents as and when required.”

Step 6: Click on the “Complete Registration” button to save all the details and submit the application

Step 7: You will be redirected to the “Payment” tab where payment needs to be made and click on submit to complete the process.

Note: Candidates need to save the e-receipt and online application that is generated after the payment step for future reference purposes. In case E-receipt is not generated it indicates a payment failure.

6. Jobs in SIDBI: Important Links

Official websitehttps://www.sidbi.in/
Careers page of SIDBIhttps://www.sidbi.in/en/careers
Job notificationhttps://www.sidbi.in/files/careers/SIDBI_Officers_General_Stream_English.pdf

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