SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA Recruitment 2025

Recruitment of Officers in Grade ‘A’ and Grade ‘B’ – General and Specialist Stream – 2025

In Reference to Advertisement No. 03 /Grade ‘A’ and ‘B’ / 2025-26
Application Starts From: 14/07/2025
Applications Last Date: 11/08/2025

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA Recruitment 2025

Applications are invited from eligible candidates for the post of officers in Grade ‘A’ and Grade ‘B’ (General and Specialist Stream) in Small Industries Development Bank of India (SIDBI).

VACANCY DETAILS

Name of Post: Assistant Manager Grade ‘A’ – General Stream
Pay scale: [44500 – 2500(4) – 54500 – 2850(7) – 74450 -EB – 2850(4) – 85850 – 3300(1) – 89150 (17 years)]
Minimum Gross emoluments (p.m.): 1,00,000/ – approx.
No. of total vacancies: Total- 50

Name of Post: Manager Grade ‘B’ – General and Specialist Stream
Pay Scale: [55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years)]
Minimum Gross emoluments (p.m.): 1,15,000/- approx
No. of total vacancies: Total- 26

Essential Educational Qualifications:

Name of Posts: Assistant Manager Grade ‘A’
Stream: General
Age (Y): 30
Educational Qualification:
(i) Graduation in Commerce/ Economics/ Mathematics / Statistics/ Business Administration/ Engineering with minimum 60% marks (50% for SC/ST/PwBD applicants)
OR
(ii) Company Secretary (CS) / Certified Management Accountant (CMA/ ICWA)/ Chartered Financial Analyst (CFA)
OR
(iii) Chartered Accountant (CA)
OR
(iv) MBA/ PGDM [in Any Discipline (the course must be of full time 2 years)] / from a University/ Institution recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies.
Note: At Graduation Level, candidates having taken any such course from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies that is taken after Class XII and is at least having 3 years’ duration, will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
At Post-Graduation Level/ master’s degree, candidates having taken any such course from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies that is taken after Graduation and is at least having 2 years’ duration will be eligible for admission to the examination.
Note: The Candidates appearing in the final year are also eligible to apply, provided they shall be required to submit the final marksheet and provisional / final post-graduation degree certificate, in original at the time of joining (if selected).

Minimum post qualification work experience:
Only for candidates having educational qualification of (i) Graduation in Commerce/ Economics/ Mathematics / Statistics/ Business Administration/ Engineering with minimum 60% marks (50% for SC/ST/PwBD applicants)
OR
(ii) Company Secretary (CS) / Certified Management Accountant (CMA/ICWA)/ Chartered Financial Analyst (CFA).

Essential:
A. At least two years’ experience in credit dispensation in the areas of MSME/Corporate and lending to trading and small commercial loans etc. (experience pertaining to personal loan, educational loan, Vehicle Loan, Housing Loan, etc. would not be considered) as an officer (permanent) in
(a) All India Financial Institutions – Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI.
OR
(b) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934
OR
(c) NBFCs registered with RBI
Note: Candidates who have combined experience (as at Sl no. (a), (b), and (c) above) of two years are eligible to apply.
OR
B. Candidates having atleast 2 years’ experience (core functioning) in:
i. Entities dealing in Investment Banking / Merchant Banking registered with SEBI
OR
ii. Entities dealing in Alternative Investment Funds (AIFs) registered with SEBI
OR
iii. Asset Reconstruction Companies (ARCs) registered with RBI
OR
iv. Subsidiary of Scheduled Commercial Banks dealing in MSME segment
OR
v. Project management (viz. administration and implementation of projects/ Schemes of national importance) with consultancy firms of national stature having experience of consulting & project management in similar line for more than 10 years and should have specific experience of consulting/ Project management Government project implementation / Govt. Project management / Digital project related to lending / Consultancy for Govt. Projects.

NOTE: Minimum post qualification work experience criteria are not required, for candidates having educational qualification as indicated at Sr No. (iii) & (iv).

Name of Posts: Manager Grade ‘B’
Stream: General
Age (Y): 33
Educational Qualification:
Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants)
OR
Post-Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
Note: At Graduation Level, candidates having taken any such course from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies that is taken after Class XII and is at least having 3 years’ duration, will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
At Post-Graduation Level/ master’s degree, candidates having taken any such course from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies that is taken after Graduation and is at least having 2 years’ duration will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.

Essential:
At least Five years’ experience as an officer (permanent) in:
(a) Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI).
OR
(b) All India Financial Institutions – Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI.
OR
(c) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934
OR
(d) NBFCs registered with RBI
Note: Candidates having combined experience (as at Sl no. (a), (b), (c) and (d) above) of Five years are eligible to apply.

Desirable: Preferably passed JAIIB & CAIIB examination conducted by Indian Institute of Banking & Finance (IIBF).

Name of Posts: Manager Grade ‘B’
Stream: Legal
Age (Y): 33
Educational Qualification:
Essential: Bachelor’s degree in law from any University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with a minimum of 50% (45% for SC/ST and PwBD candidates, if vacancies are reserved for them) marks or equivalent in the aggregate of all semesters/years
and
enrolled as an advocate with the Bar Council of India.

Desirable:
(a) The candidates who possess Master’s Degree in Law / Company Secretary (CS) Qualified will be preferred.
(b) Proficiency in computer applications.

Essential:
At least Five years’ work experience, post bachelor’s degree in law, as a Law Officer [permanent / on full time direct contract (not outsourced)] in the Legal Department of:
(a) Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI)
OR
(b) Any All-India Financial Institution like – Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI.
OR
(c) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934.
OR
(d) Central Public Sector Enterprises (CPSEs)
OR
(e) NBFCs registered with RBI

Note: Candidates who have combined experience (as at Sl no. (a), (b), (c), (d) and (e) above) of five years are eligible to apply.

Desirable: Special knowledge of Banking Law, Company Law, Labour Law, Constitutional Law, Recovery, Insolvency & Bankruptcy Laws, Property and Revenue matters etc. and experience in drafting of pleadings and documents.

Name of Posts: Manager Grade ‘B’
Stream: Information Technology (IT) (skill set – AI/ML Automation / Full Stack Application Development / Security / Infrastructure and Network)
Age (Y): 33
Educational Qualification:
Essential:
Bachelor’s degree in engineering / technology in Computer Science/ Computer Technology/ Information Technology/ Electronics/ Electronics & Communications from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with 60% marks (SC/ST/PWBD applicants 55%) in aggregate.
OR
MCA from a University/ Institution, recognized by the University Grant Commission (UGC) / Govt. of India/ approved by Govt. regulatory bodies with 60% marks (SC/ST/PWBD applicants 55%) in aggregate.

Desirable:
The candidates who possess following relevant industry certifications will be preferred:

• AI / ML / Data Science
  OR
• Full Stack Application Development
  OR
• Certifications CISSP, CISM, CEH, or equivalent
  OR
• ITIL Foundation Certified in IT Service Management

Essential:
At least Five years’ experience in Information Technology as an IT/ System officer [permanent / on full time direct contract (not outsourced)] in
(a) All India Financial Institution – Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), National Bank for Financing Infrastructure and Development (NaBFID) and SIDBI.
OR
(b) Scheduled Commercial Banks included in the Second Schedule of the RBI Act, 1934.
OR
(c) Listed Companies.
OR
(d) NBFCs registered with RBI
Note: Candidates having combined experience (as at Sl no. (a), (b), (c) and (d) above) of five years are eligible to apply.

Out of the five years’ experience mentioned above:

• At least 2 years’ experience shall be in AI/ML Solutions with hands-on experience in development of ML/ Deep Learning algorithms and
• At least 2 years’ experience shall be in Python, R programming.
  OR
• At least 2 years’ experience shall be in web application development and
• At least 2 years’ experience shall be in RDBMS, SQL and PL SQL programming.
  OR
• 5 years of experience with IT Security Management.
  OR
• 5 years of experience in IT Infrastructure and Network Management.

Desirable:

• Exposure of working in Remote process automation tools.
  OR
• Exposure of working in UI Skills.
  OR
• Experience in designing, implementing, and managing enterprise-level security solutions.
• Experience of working with diverse teams and stakeholders to implement security measures.
  OR
• Experience in designing, implementing and managing Network, Virtualization/ Cloud and storage technologies.
• Experience with infrastructure design principles ensuring high availability, reliability and scalability.

Selection Procedure

The selection procedure would include a three-stage process i.e. Phase I (on-line screening examination consisting of one paper comprising seven (7) sections of total 200 marks), Phase II (on-line examination consisting of two papers of total 200 marks) and Phase III [Interview of 100 marks, which shall include marks for notable achievement in extracurricular activities (District/ State/ National Level), awards/ recognition in service etc. subject to the submission of documentary evidence].

Candidates who qualify Phase I examination based on the minimum cut-off marks decided by SIDBI, would be called for Phase II examination. Candidates who qualify Phase II examination based on the minimum cut-off marks decided by SIDBI, would be called for interview.

The Bank shall conduct online Psychometric Test or any other suitable test through third party agency to assess the personality, level of communication, clarity & problem-solving innovativeness, level of efficiency, willingness to work in any part of the country, suitability for the post, etc. of the shortlisted candidates after Phase II exam. The finding of the test may be placed before the interview panel for having a thorough perspective on the candidates.

After completion of Psychometric Test, the candidates shall be called to appear for Personal Interview, which will take place in SIDBI Office(s).

The final selection and ranking of the applicants for the post of Assistant Manager in Grade ‘A’ (General Stream) and Manager in Grade ‘B’ (General & Specialist Stream) will be based on their performance in the Phase-II Examination and Interview.

Application Process

Candidates are requested to apply only ON-LINE through Bank’s website www.sidbi.in after carefully going through all the instructions contained in this application and general instructions given in this advertisement. No other means /mode of Application / Printout will be accepted.

📌Note: Refer to the Notice / Advertisement for full information on Vacancy.
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