SIDBI Assistant Manager Recruitment 2023 for 50 Grade A Vacancies, Eligibility

Small Industries Development Bank of India (SIDBI) has issued a job notification for filling the vacancies of 50 Assistant Manager (Grade A) posts. Interested and Eligible candidates can apply online from 08 to 28 November 2023. Other details like Eligibility criteria, age limit, qualification, selection process, examination fee are given below.

Apply for SIDBI Assistant Manager Recruitment 2023

Total No.of Vacancies: 50 posts
Name of the Post : Assistant Manager Grade ‘A’ – General Stream

Details of the Posts:

  • General – 22 Posts
  • SC – 8 Posts
  • ST – 4 Posts
  • OBC – 11 Posts
  • EWS – 5 Posts

SIDBI Assistant Manager Eligibility criteria:

Educational Qualification: 

Bachelor’s Degree with minimum 60% (55% for SC/ST) marks in aggregate in any stream  from  a recognized institute / University.


CA / CS / CWA / CFA / CMA.

Minimum Post Qualification work experience:

2 years in Scheduled Commercial Banks / All India Financial Institution in areas of MSME lending (except personal loan, educational loan, Vehicle Loan, Housing Loan, etc.)


3 years in systemically important NBFCs in MSME lending / Non-Individual lending / Corporate Lending.

Age limit
: not exceeding 30 years.

Candidates born not earlier than 09 November 1993 are only eligible to apply.

Selection Process
: After preliminary screening with reference to prescribed qualification, suitability / experience, Candidates will be selected based on their performance in Group discussion and Interview.

Application Fee: General/ OBC / EWS Candidates should have to pay Rs. 1100/- (Rs. 175/- for SC/ ST/ PwD candidates). There is no fee for SIDBI Permanent staff.

Important Dates –

  • Starting Date to Apply Online: 08 November 2023.
  • Last Date of filling Online form: 28 November 2023
  • Exam date: December 2023 / January 2024

Candidate need to upload following documents in online form. So they need to have them scanned and ready in mentioned sizes and format before applying online.

  • Photograph (4.5 cm* 3.5 cm)
  • Signature (with black ink and not in capital letters)
  • left thumb impression (on white paper with black or blue ink)
  • a hand written declaration (on a white paper with black ink) (text given below)
  • Brief Resume (PDF)
  • Educational Certificates
  • Experience certificate
  • No Objection certificate (NOC) or Experience cum NOC (PDF).
SIDBI Assistant Manager Salary 2023:
Rs. 90000 (approx.) as per Pay Scale Rs. 44500 – 2500(4) – 54500 – 2850(7) – 74450 -EB – 2850(4) – 85850 – 3300(1) – 89150 (17 years).
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