SIDBI Assistant Manager Eligibility Criteria 2024- Check Age Limit, Educational Qualification

    Happy 8th Birthday to Us!! 52% Off on All Courses

    Use coupon code: BDAY52

    SIDBI Grade A/B Demo Course

    • 10+ Video Lessons and Study Notes (PDF) for Descriptive English
    • 30+ Video Lessons for Dynamic GA
    • 30+ Study Notes in the PDF format for Dynamic GA
    • 500+ MCQs for Dynamic GA
    • 50+ Video Lessons for Static Banking and Financial Awareness

    SIDBI Grade A Eligibility Criteria 2024  

    SIDBI Grade A eligibility criteria is one of the main aspects that should be known before you apply for the exam. The release of the SIDBI notification 2024 has sparked enthusiasm amongst aspirants. This year, SIDBI has released a total of 50 vacancies for the SEBI Grade A post.  

    There are several reasons that make the SIDBI Grade A recruitment extremely popular among those aspiring for jobs in the banking and finance sector as compared to other jobs in the same sector.  

    First and foremost, the salary and benefit package is highly attractive through the Assistant Manager role offered through SIDBI Grade A. Moreover, SIDBI also provides the status of being a member of one of India's premier financial institutions that focuses on promoting and developing the MSME sector. For individuals who desire to contribute toward growth and development, the role in SIDBI brings about one-of-a-kind satisfaction related to working for an impactful organization striving to achieve national objectives. This collision of individual, as well as societal impact, makes the role even more coveted.  

    The SIDBI Grade A recruitment selects candidates through an extensive process of all competencies. The promising career advancement promises can be found in SIDBI. With access to vast training programs and professional development initiatives, employees can continuously grow within this organization, paving the way for long-term career progression. Given these factors, the SIDBI Grade A recruitment has become so popular among job seekers in the financial sector.  

    To clear this recruitment, one of the first steps must be to review the SIDBI Assistant Manager eligibility criteria. Candidates must focus on understanding the SIDBI Grade A eligibility criteria to make sure their candidature does not get cancelled at any stage of the recruitment.  

    SIDBI Grade A Eligibility Criteria: Nationality  

    A candidate must be either  

    (i) a citizen of India or  

    (ii) a subject of Nepal or  

    (iii) a subject of Bhutan or  

    (iv) a Tibetan refugee (who came over to India before 1st January1962) with the intention of permanently settling in India; or  

    (v) a 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.  

    Provided that a candidate belonging to categories (ii), (iii), (iv) or (v) 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.  

    SIDBI Grade A Eligibility Criteria: Age Limit  

    SIDBI has set certain SIDBI Grade A eligibility criteria regarding the age of candidates as well. The age limit for candidates applying for the position of Officer in Grade ‘A’ is set as of November 08, 2024. Applicants must be at least 21 years old and not older than 30 years to be eligible for this role.  

    This means that only those born on or after November 08, 1994, and on or before November 09, 2003, inclusive of both dates, are eligible to apply for the position.  

    PostAge Limit
    Assistant Manager (General Stream) Not exceeding 30 years. (candidates born not earlier than November 09, 1993 are only eligible to apply)

    SIDBI Grade A Age Relaxation  

    SIDBI offers age relaxation on the specified age limit for candidates from certain categories as part of the SIDBI Assistant Manager eligibility criteria. To understand the number of years of relaxation granted to each eligible category, candidates should refer to the table given below

    CategoryAge Relaxation
    OBC (Non-Creamy Layer) 3 years
    SC/ST 5 years
    Persons affected by 1984 riots 5 years
    Ex-servicemen candidates (as per the provisions of Ex-Servicemen (Reemployment in Central Civil Services and Posts) Amendment Rules, 2012 ) 5 years
    PwD General 10 years
    OBC 13 years
    SC/ST 15 years

    Note: Here a few points to keep in mind for those availing the SIDBI Grade A age relaxation  

    The maximum age limitation that is mentioned is in regard to General and Economically Weaker Sections applicants.  

    Applicants for the Age relaxation need to furnish appropriate certificate(s) at the time of interview as mentioned under the SIDBI Grade A eligibility criteria. Relevant original and photocopies may be required during any or all subsequent rounds of recruitment process as deemed appropriate by SIDBI.  

    Applicants of SC, ST, OBC and PWBD categories, while furnishing the requisite caste/category certificate, may be issued by the appropriate competent authority in the Government of India's prescribed formats only as per the SIDBI Assistant Manager eligibility criteria. OBC candidates must ensure that their certificate would clearly have an exemption clause that they do not fall under the "creamy layer" that is exempted from reservation benefits in civil posts and services under the Government of India. OBC category candidates falling under the creamy layer are not eligible to receive any kind of OBC reservation benefit under the SIDBI Assistant Manager eligibility criteria. They must mention their category as "General" while filling up the online application form. Candidates should have a valid OBC certificate issued with the condition of Non-Creamy Layer.  

    For grade 'A' officers, applicants should be between the age group of 21-30 years. Only candidates born between November 08, 1994 and November 09, 2003 will be considered for this post as part of the SIDBI eligibility criteria.  

    Ex-servicemen candidates who have applied for vacancies even before their first civilian employment can avail themselves of reservation benefits for ex-servicemen in subsequent employment under the SIDBI Grade A eligibility criteria. To do that, they will need to provide a self-declaration furnishing date-wise details of all such applications filed even before joining the first civilian employment. This reservation benefit is available only for direct recruitment vacancies for which ex-servicemen reservation is applicable. Again, there is no ex-servicemen reservation for Officers' Cadre in the SIDBI Assistant Manager eligibility criteria.  

    Relaxation for age is not available on a cumulative basis as per the SIDBI Assistant Manager eligibility criteria except as mentioned in the above table and for departmental/staff candidates, who are eligible for an additional five-year relaxation, as a matter of policy for Government of India guidelines.  

    SIDBI Grade A Eligibility Criteria: Educational Qualification  

    The SIDBI Grade A eligibility criteria for education are quite extensive and include the different qualifications that are related to work experience. For becoming eligible in the SIDBI Grade A recruitment process, candidates have to fulfill certain educational qualifications required by SIDBI. The right educational qualification gives proof that a candidate has enough knowledge base and skills required for the responsibility of the role.  

     While the SIDBI Grade A eligibility criteria is mandatory to be met by applicants, they also need to reflect some amount of relevant experience to be eligible, as listed under the eligibility criteria. Thus, this requirement would ensure that all applicants bring hands-on practical experience that would help them perform the responsibilities of a SIDBI Grade A officer.  

     Candidates can refer to the table below to gain complete details on specific educational and work experience under the SIDBI Grade A eligibility criteria. This ensures that candidates know beforehand if they satisfy all the requirements for those specific experience areas before making their applications. 

    PostEducation Qualification 
    Assistant Manager
    • Bachelor’s degree in any subject from any recognized University / Institution with a minimum of 60% marks (SC / ST / PwBD applicants - 55%) in aggregate from Universities / Institutions recognized by GoI / UGC.

    OR

    • 2. CA / CS / CWA / CFA / CMA OR Bachelor’s degree in Law / Bachelors’ Degree in Engineering with a minimum of 60% marks (SC / ST / PwBD applicants - 55%) in aggregate from Universities / Institutions recognized by GoI / UGC / AICTE.
    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.) OR 3 years in systemically important NBFCs in MSME lending / Non-Individual lending / Corporate Lending

    Importance of Knowing the SIDBI Grade Eligibility Criteria 

    Understanding the SIDBI Grade A eligibility criteria is important for any candidate interested in getting appointed as a SIDBI Assistant Manager. SIDBI eligibility criteria include stipulated requirements in the educational qualifications, age limits, and nationality and at some stages relevant work experience. Reviewing all these requirements, candidates can be sure about meeting all the conditions required for application. Moreover, knowing the SIDBI Assistant Manager eligibility criteria in advance allows the applicant to prepare in an organized manner, not squandering resources by focusing on gaps in the profile that are required and lack at SIDBI. 

    Educational qualification related SIDBI Assistant Manager eligibility criteria would require having passed with eligibility, holding a bachelor's or master's degree in relevant subjects. This is important because this would be part of the needed skill set that the Assistant Managers for the organization of SIDBI would require. Knowing this requirement allows applicants to set academic pursuits appropriately or to acquire further qualifications where necessary. For those already qualified, knowing that they meet this SIDBI Grade A eligibility criteria qualification relieves the candidates from wasting their time and resources when seeking employment since they know they are not eligible to apply for certain jobs. 

    The age limit is another significant characteristic of the SIDBI Assistant Manager eligibility criteria that often describes the minimum and maximum ages to be applied to the applicants. Understanding this criterion is essential, as it ensures that candidates only apply if they fall within the specified age range, avoiding disqualification at a later stage. Some of the relaxations are done for the candidates under the reserved categories when it comes to age. So, that within the SIDBI eligibility criteria, more candidates are accepted. Awareness of the relaxations will be fruitful to the eligible candidate who can apply candidly without bringing any concern for the age eligibility. 

    The SIDBI Assistant Manager eligibility criteria, claim that the candidate must be an Indian citizen. This is perhaps the most straightforward SIDBI Grade A eligibility criteria, but in case a candidate has dual citizenship, then it is also important to confirm. For some people, this SIDBI Assistant Manager eligibility criteria will provide relief, while for others, analysis can be made to check whether alternative routes may exist for determining the eligibility. 

    Some categories in SIDBI entail specific work experience years gained in a banking and finance-related field. For anyone looking to apply for the post of SIDBI Assistant Manager, he/she should check against the set standards on the eligibility for this Grade A position in SIDBI. When you are conversant with the SIDBI Assistant Manager eligibility criteria on experience, you will know whether your work experience fits what SIDBI is looking for. This is especially crucial for experienced individuals to ensure that their work experience meets the given requirement without any miscommunication in the application process.  

    For candidates qualifying under the SIDBI Assistant Manager eligibility, this knowledge empowers them to begin preparations for exams without any qualms about eligibility, and they can focus on the exams without ever worrying about eligibility. It can also be a motivating factor for candidates working to build their qualifications, as they understand exactly what SIDBI looks for in an Assistant Manager. For those who do not yet meet the SIDBI eligibility criteria, early awareness of these requirements allows time to pursue the necessary qualifications or experience, creating a clear pathway to future eligibility. 

     After all, the SIDBI Assistant Manager eligibility criteria is very much fundamental for any serious candidate to know. Confirming readiness to proceed with the application through SIDBI Grade A eligibility criteria not only empowers candidates but also prepares them strategically in the context of matching their professional or academic achievements with SIDBI's standards. Such knowledge allows them to focus fully on the process of the examination, as they would be well qualified and positioned to compete rigorously for that coveted SIDBI Assistant Manager post. 

    SIDBI Gr A Recruitment - Free Mock Tests

    SIDBI Phase 1 2024 Mock Test 2

    SIDBI Phase 1 2024 Mock Test 2

    • 120 Minutes
    • 200 Questions
    • 200 Marks
    SIDBI Phase 1 2024 Mock Test 1

    SIDBI Phase 1 2024 Mock Test 1

    • 120 Minutes
    • 200 Questions
    • 200 Marks

    SIDBI Gr A Recruitment - Previous Year Question Paper

    SIDBI Gr A Officer 2022 Previous Year Paper

    SIDBI Gr A Officer 2022 Previous Year Paper

    • 120 Minutes
    • 160 Questions
    • 200 Marks
    SIDBI Gr A Officer 2016 Previous Year Paper

    SIDBI Gr A Officer 2016 Previous Year Paper

    • 120 Minutes
    • 200 Questions
    • 200 Marks

    Sidbi Assistant Manager Eligibility Criteria FAQs

    The maximum age to apply for the SIDBI Grade A exam is 30 years. Furthermore, you need to be 21 years old to apply for the SIDBI Grade A 2024 exam, which is the minimum age. However, the upper age limit will be relaxed for those candidates who belong to the reserved categories.
    The SIDBI Grade A 2024 notification clearly states that candidates who are 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).
    If you possess exceptional academic qualifications or specialized experience that holds significant value for SIDBI, you may be eligible for additional financial benefits in the form of advance increments. Specifically, candidates with these qualifications may be granted a maximum of 4 advance increments at the time of joining.
    No, OBC applicants who fall under the 'Creamy Layer' are not eligible for any relaxations in the SIDBI Grade A recruitment 2024. Such candidates must apply under the General Category in the SIDBI Assistant Manager recruitment 2024, as per the guidelines. Only OBC candidates within the 'Non-Creamy Layer' are eligible for category-based relaxations.
    No, with 59.99%, you will not meet the required 60% minimum, as SIDBI strictly considers 59.99% as less than 60%. Therefore, you are ineligible to apply for the SIDBI Grade A exam if you fall under the General category. It’s important to meet the precise percentage specified in the eligibility criteria to qualify.
    No, there is no age relaxation provided for candidates belonging to the Economically Weaker Sections (EWS) category. The age relaxation benefits in most recruitment exams, including the SIDBI Grade A exam, are typically extended to candidates from SC, ST, OBC, and other reserved categories but do not apply to EWS category candidates.
    Yes, ex-servicemen are eligible for certain concessions in the SIDBI Grade A recruitment 2024 under the provisions set by the SIDBI notification. This includes benefits like age relaxation and reservation, which are specifically designed to support the transition of ex-servicemen into civilian roles. The SIDBI Grade A notification outlines the exact eligibility criteria for ex-servicemen to avail of these benefits.
    Yes, if you have qualified JAIIB/CAIIB prior to clearing the SIDBI Grade A exam, you may be eligible for one or two advance increments in the pay scale, depending on the qualifications you possess. However, this benefit is only applicable if you provide valid documentary evidence of your JAIIB/CAIIB qualification during the recruitment process.

    PYP
    FMT
    Get Updates