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SIDBI Recruitment 2015-2016 for 100 Assistant Manager Jobs

SIDBI Recruitment 2015-2016 for 100 Assistant Manager Jobs. Small Industries Development Bank of India (SIDBI) has released notification for the recruitment of 100 Assistant Manager (Grade ‘A’ – General Stream) vacancies. Eligible candidates may apply online from 21-12-2015 to 11-1-2016.

About SIDBI:

Small Industries Development Bank of India is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSME) in India. Set up on April 2, 1990 through an act of parliament, it was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India. Currently the ownership is held by 33 Government of India owned / controlled institutions. Beginning as a refinancing agency to banks and state level financial institutions for their credit to small industries, it has expanded its activities, including direct credit to the SME through 100 branches in all major industrial clusters in India. Besides, it has been playing the development role in several ways such as support to micro-finance institutions for capacity building and onlending. Recently it has opened seven branches christened as Micro Finance branches, aimed especially at dispensing loans up to ₹5 lakh.

It is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.

SIDBI has also floated several other entities for related activities. Credit Guarantee Fund Trust for Micro and Small Enterprises provides guarantees to banks for collateral-free loans extended to SME. SIDBI Venture Capital Ltd. is a venture capital company focussed at SME. SME Rating Agency of India Ltd. (SMERA) provides composite ratings to SME. Another entity founded by SIDBI is ISARC – India SME Asset Reconstruction Company in 2009, as specialized entities for NPA resolution for SME.

The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.[3] Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.

SIDBI Recruitment 2015-2016 Details:

Total Number of Vacancies: 100posts

Name of the Posts: Assistant Manager (Grade ‘A’ – General Stream)

1. SC: 15 Posts
2. ST: 8 Posts
3. OBC: 27 Posts
4. PwD: 8 Posts
5. UR: 42 Posts

Important Dates:

Start Date to Apply & for Payment of Fees: 21-12-2015
Last Date to Apply & for Payment of Fee: 11-1-2016
Last Date for Editing Application details: 11-1-2016
Last date for Printing your Application: 26-1-2016.

Age Limit:

Not below 21 years and not exceeding 28 years as on 21-12-2015. Upper age limit is relaxable up to 3 years for OBC, 5 years for SC/ ST, 10 years for PwD, 13 years for PwD (OBC) & 15 years for PwD (SC/ ST) candidates and for other categories as per Govt. Rules.

Pay Scale:

Rs.17,100 – 1000 (11) – 28,100 – EB – 1000 (4) – 32,100 – 1100 (1) – 33,200 (17 years) – Rs.36,000/- approx.

Educational Qualification:

Candidates must have passed Bachelor’s or Master’s Degree with minimum 60% marks in aggregate in any stream, in either of the two qualifications, from a recognized institute/ University.

Selection Process:

Candidates will be selected based on online examination and Personal Interview.

Application Fee:

Candidates must have to pay Rs.500/- Others and Rs.50/- for SC/ ST/ PwD candidates through online using Debit Cards (RuPay/ Visa/ MasterCard/ Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.

How to Apply:

The eligible candidates may apply online through the website www.sidbi.in from 21-12-2015 to 11-1-2016.

Recruitment Advertisement in English: Click Here
Recruitment Advertisement in Hindi: Click Here
Apply Online: Click Here
How to Apply: Click Here
Form of OBC Certificate: Click Here
Form of SC/ ST Certificate: Click Here
Form of Disability Certificate: Click Here
Scribe Declaration Form for PWD Candidates: Click Here

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