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SIDBI Grade A Eligibility Criteria 2024
SIDBI Grade A Assistant Manager eligibility criteria is one of the main aspects that should be known before you apply for the exam. Applying for the SIDBI exam without fulfilling the SIDBI eligibility criteria will lead to the cancellation of your application. In 2023, you can see a significant change in the eligibility criteria in the SIDBI notification 2024. This year, SIDBI has left aspirants looking up to build their careers in AIFIs like SIDBI in complete shock and a little bit of disappointment. As per the SIDBI Grade A Assistant Manager notification 2024, you must fulfill all the criteria, including educational and work experience. More details on the SIDBI Grade A Assistant Manager qualification are discussed below.
SIDBI Grade A Educational Criteria (As on November 28, 2023)
In 2023, SIDBI announced a major change in the SIDBI eligibility criteria 2024 along with the SIDBI Assistant Manager exam pattern 2024. As per the SIDBI Grade A Assistant Manager notification 2023, along with the educational criteria, you must have work experience that needs to be fulfilled for you to become a SIDBI Grade A Assistant Manager. You must be aware of the SIDBI Grade A Assistant Manager qualifications as mentioned below.
Please Note: The Candidates appearing in the final year exam are also eligible to apply, provided they submit the final mark sheet and provisional/final degree certificate at the time of interview.
| Post | Education Qualification | |
|---|---|---|
| Assistant Manager |
OR
|
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 |
Conversion from CGPA to Percentage
Also, if your University/Institute has CGPA/OGPA/CPI or other similar systems, given below is the table to check how much percentage you have scored in your Graduation.
| Equivalent CGPA/ OGPA/ CPI or Similar Terminologies | Class / Division | Aggregate % of Marks |
|---|---|---|
| 6.75 | I (First) | 60% |
| 6.25 | II (Second) | 55% |
SIDBI Grade A Age Criteria (As on November 08, 2023)
You must lie within the SIDBI Assistant Manager age limit to be eligible for its recruitment process. The maximum age to apply for SIDBI Grade A is 30 years. This is important for you to understand that this year, SIDBI has added work experience to be a mandatory criterion for the Grade A officer position. Hence, the maximum Age criteria has been increased from 28 to 30 years. Further details on the Age eligibility for SIDBI Assistant Manager Grade A is given below.
| Post | Age 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 Assistant Manager recruitment 2024 provides age relaxation to the candidates belonging to reserved categories. This relaxation on upper age varies from one reserved category to another. You need to produce a valid document for claiming age relaxation whenever asked by the bank. The detailed SIDBI Assistant Manager age relaxation is provided below.
| Category | Age 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: If you are a SIDBI employee, you are eligible for age relaxation.
SIDBI Gr A Recruitment - Free Mock Tests
SIDBI Gr A Recruitment - Previous Year Question Paper
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