Are you looking for a good job in banking? The Small Industries Development Bank of India (SIDBI) has announced job openings for Managers and Assistant Managers. This is a great chance to work in a famous organization with a good salary.
What is SIDBI?
SIDBI helps small businesses grow by giving them money and support. It plays an important role in India’s economy. Working at SIDBI means you help small businesses succeed.
Important Dates
- Start Date: July 14, 2024
- Last Date to Apply: August 11, 2024
- Phase 1 Exam: September 6, 2024
- Phase 2 Exam: October 4, 2024
- Interviews: Around November 2024
Available Positions
SIDBI is hiring for two main positions:
- Assistant Manager (Grade A)
- Manager (Grade B)
Assistant Manager (Grade A)
- Total openings: 50
Manager (Grade B)
- Total openings: 26
- Some of these jobs are for IT (Information Technology).
Who Can Apply?
Age Limits
- Assistant Manager (Grade A): 21 to 30 years old
- Manager (Grade B): 25 to 33 years old
- Age relaxation is available for some groups, as per government rules.
Education Needed
Assistant Manager (Grade A):
- A degree in Commerce, Economics, or Mathematics with at least 60% marks,
OR - A degree in these fields and a Company Secretary qualification,
AND - Two years of work experience.
Manager (Grade B):
- A degree in any subject, or a technical/professional degree with at least 60% marks (55% for some groups),
AND - Five years of experience working as an officer in a bank or financial organization.
Manager (Grade B) – IT:
- A Bachelor’s degree in Computer Science, Computer Technology, IT, Electronics, or Electronics and Communication with at least 60% marks (50% for some groups),
OR - A Master’s degree in Computer Applications (MCA),
AND - Five years of experience as an IT System Officer.
How to Get Selected
The selection process has three steps:
- Written Exam (Phase 1)
- Written Exam (Phase 2)
- Interview
Phase 1 Exam
This exam has several sections:
- English
- Reasoning
- Math
- Computer Knowledge
- General Knowledge (especially banking topics)
- Policies for Small Businesses (MSME)
- Specific Test for Your Field
- There will be 200 questions in total.
- You will have 120 minutes to finish the exam.
- The exam will be in Hindi and English.
IT Specific Test
For IT applicants, the “Specific Test” will include:
- IT knowledge
- Coding and databases
- Networking and Security
- Artificial Intelligence (AI) and Machine Learning (ML)
- System Design
Note: You must pass English, Reasoning, Math, and Computer Knowledge sections. The final score is mainly based on General Knowledge and Policy sections.
Phase 2 Exam
If you pass Phase 1, you can attend Phase 2.
IT Positions Phase 2
- Paper 1: English essay writing (75 minutes, 75 marks).
- Paper 2: Technical questions (C++, Data Structures, Networks, Databases, AI, ML).
- Multiple-choice questions (75 marks)
- Essay-type questions (50 marks)
If you pass Phase 2, you will be called for an interview.
Negative Marking
There is negative marking in multiple-choice questions. For every wrong answer, 1/4 of the marks will be cut.
Get Ready!
This is a great opportunity to work at SIDBI. If you meet the age and education requirements, apply before the deadline. Study well for the exams, and good luck!

My name is Shree and I am an Content writer and SSC aspirant. Whenever any vacancy was announced by the government, many of my friends had a lot of trouble finding the notification, then I started this blog so that people could get all the information easily.