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SIDBI Grade A 2023 Notification

SIDBI is the Principal Financial Institution set up under an Act of Parliament for promotion, financing, and development of Micro, Small and Medium Enterprises (MSMEs) sector in India. Grade A 2022 Notification has been released by SIDBI. This time there are 100 vacancies and it's a very good opportunity for government job aspirants. We are providing all the important details of this notification below. Have a look:

SIDBI Grade A 2023 Important Dates

SIDBI Grade A 2023 Vacancies Details

Below are the category-wise details of SIDBI Grade A Vacancies

Note: The selected candidate will be required to execute a Service Bond undertaking to serve the SIDBI for a period of 3 years or to pay SIDBI a sum of `2 Lakh in case he/she leaves SIDBI before the completion of the 3 year service period.

SIDBI Grade A Eligibility Criteria

Please read these details carefully. Not meeting with the eligibility criteria may lead to the cancellation of your candidatureship.

Age Details

Not below 21 years and not exceeding 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)

Relaxation in the Upper Age Limit

Educational Qualification Details

Bachelors' Degree in Law, OR Bachelors' Degree in Engineering (Preferably Civil/ Electrical/ Mechanical)

OR

Master's Degree in any discipline (Preferably from Commerce/ Economics/ Management subject) from an institute/ University recognized by the University Grant Commission (UGC)/ Central Government

OR

CA/ CS/ CWA/ CFA

OR

Ph.D. from Institutions recognized by GOI/UGC.

The candidate must have scored minimum 60% marks or first class (55% or Second class, in case of SC/ST), in aggregate in any of the above indicated qualifications.

Note: Proper document from Board / University / Institution for having declared the result on or before March 24, 2022, has to be submitted at the time of Interview. The date of passing the eligibility examination will be the date appearing on the marksheet or provisional certificate issued by University/ Institution.

SIDBI Grade A 2023 Selection Procedure

The selection procedure of SIDBI Grade A 2022 is an online examination comprising of objective test as well as descriptive test followed by Personal Interview. Candidates who qualify based on the minimum cut -off marks decided by SIDBI, would be called for interview. 

Note:

• All tests, except test of English Language and Descriptive test will be provided in both English and Hindi.
• All the objective questions will have multiple choices. Out of the five answers, to a question only one will be the correct answer. The Candidate will have to select the most appropriate answer and ‘mouse click' that alternative which you feel is appropriate/ correct. The alternative/ option that the candidate has clicked on will be treated as his/her answer to that question.
• For objective type of tests, there will be penalty for wrong answers marked by the candidates. For every wrong answer marked by a candidate, 1/4 of the marks assigned to that question will be deducted as penalty.
• Cutoffs may be applied in two stages:
  -On scores in individual tests
  -On Total Score
• The total marks of the examination will be 250 which include 50 marks of the English Descriptive Section.
• Candidates will be shortlisted for Interview on the basis of marks scored in objective and descriptive section taken together against full marks of 250. 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.