On 22 June 2016, Small Industries Development Bank of India (SIDBI Bank) has come up with a recruitment notification to recruit for ” Assistant Manager & More Vacancies ” post. Through this recruitment notification, Small Industries Development Bank of India (SIDBI Bank) Desires to hire candidates who have completed MBA, CA, GraduationPost Graduation, B.E, B.Tech for the post of ” Assistant Manager & More Vacancies “. Small Industries Development Bank of India (SIDBI Bank) is planning to recruit 8 candidates for the post of ” Assistant Manager & More Vacancies “. Interested and eligible candidates can apply before 5/7/2016.
Small Industries Development Bank of India (SIDBI Bank) proposes to receive the application from applicants in Online Mode. Eligible candidates can submit their application to Small Industries Development Bank of India (SIDBI Bank) before the 5/7/2016. All those aspiring to apply can check out various information like eligibility criteria, salary, Total vacancy, Selection Procedure, Job description, last date, Application procedure and other key information required for the post below. Kindly go through all the below details before submitting your application Online. We wish all the very best to all candidates applying through Fresherslive.
Key Highlight About the Recruitment Notification:
| Company Name | Small Industries Development Bank of India (SIDBI Bank) |
| Vacancy Name | Assistant Manager & More Vacancies |
| Education Requirement | MBA MA B.E B.Tech |
| Total Vacancy to be filled | 08 Posts |
| Salary Range | Rs.17100 – 47,000/- Per Month |
| Job Location | Chennai |
| Last Date To Apply | 5/7/2016 |
| Address For The Job | Overseas Towers, 756-L, Anna Salai, Chennai, Tamil Nadu 600002 |
Eligibility & Details:
Assistant Manager Post:
Candidates can Get the Assistant Manager & More Vacancies Post details such as Job Description, Number of vacancy, Qualification, Age limit, Eligibility and etc., from the table given below.
| Post Name | Assistant Manager – Grade ‘A’: Security Private Secretary |
| Total Vacancy | 2 Posts |
| Education required | Graduation from recognized University or equivalent. Proficiency in computers is essential |
| Experience | An officer with minimum 5 years commissioned service in the Army/Navy/Air Force. |
| Pay Scale | 17100 – 1000 (11) – 28100 – EB – 1000(4) – 32100 – 1100 (1) – 33200 (17 years) ` 47,000/- approx |
| Age Limit | Not below 25 years and not exceeding 35 years. (Candidates born not earlier than 22.06.1981 and not later than 21.06.1991 [both days including] are only eligible to apply |
| Application Fee For The Job | SC/ST/PwD – 50/- (Rupees fifty only)Others (including OBCs and General) – `500/- (Rupees Five hundred only)Staff Candidates – Nil |
| Location of Job | Chennai |
Private Secretary – Grade ‘A’ Post
| Post Name | Private Secretary – Grade ‘A’ |
| Total Vacancy | 3 Posts |
| Education required | I. Graduation or Post Graduation with minimum 60% marks in aggregate from a recognized University. II. A Pass in Stenography Lower / Junior Grade Examination in English conducted by State Board of Examination / Board of Technical Examination / Board of Technical Education and Training. III. A Pass in Typewriting Higher / Senior Grade Examination in English conducted by State Board of Examination / Board of Technical Examination / Board of Technical Education and Training. |
| Experience | Minimum 2 years of relevant work experience. |
| Pay Scale | 17100 – 1000 (11) – 28100 – EB – 1000(4) – 32100 – 1100 (1) – 33200 (17 years) ` 47,000/- approx |
| Age Limit | Not below 21 years and not exceeding 28 years. (Candidates born not earlier than 22.06.1988 and not later than 21.06.1995 [both days including] are only eligible to apply. |
| Application Fee For The Job | SC/ST/PwD – 50/- (Rupees fifty only)Others (including OBCs and General) – `500/- (Rupees Five hundred only)Staff Candidates – Nil |
| Location of Job | Chennai |
Manager – Grade ‘B’
| Post Name | Manager – Grade ‘B’ |
| Total Vacancy | 1 Posts |
| Education required | Manager Grade ‘B’ (Electrical Engineer) Premises Graduation in Engineering in Electrical with minimum 60% marks in aggregate from a recognized University. Post Graduates in the same discipline will be preferred.Manager Grade ‘B’ Economist Post Graduation Degree in Economics from a recognized University. Candidates should have excellent communication and writing skills. |
| Experience | Minimum 2 years as an Economist or Analyst with Financial Institutions / Banks / Industry Chambers / Rating Agencies. Preference will be given to candidates having background in macroeconomic forecasting and analysis. II. Candidates having hands on experience in Econometric packages like STATA (Data Analysis and Statistical Software), SAS (Statistical Analysis System) and EVIEWS will be given preference. |
| Pay Scale | 21000 – 1000 (9) – 30000 – EB – 1000 (2) – 32000 – 1100 (4) – 36400 (16 years) |
| Age Limit | Manager – Grade ‘B’ Premises – Electrical Engineer Not below 24 years and not exceeding 32 years. (Candidates born not earlier than 22.06.1984 and not later than 21.06.1992 [both days including] are only eligible to applyManager – Grade ‘B’ Economist Not below 21 years and not exceeding 28 years. (Candidates born not earlier than 22.06.1988 and not later than 21.06.1995 [both days including] are only eligible to apply. |
| Application Fee For The Job | SC/ST/PwD – 50/- (Rupees fifty only)Others (including OBCs and General) – `500/- (Rupees Five hundred only)Staff Candidates – Nil |
| Location of Job | Chennai |
Consultant (Merchant Banking, On Contract Basis)
| Post Name | Consultant (Merchant Banking, On Contract Basis) |
| Total Vacancy | 2 Posts |
| Education required | MBA (Finance) / Chartered Accountant / Company Secretary / Post Graduate |
| Desirable | Experience as lead Manager for raising of Debt/ Equity in SME platforms of BSE / NSE. |
| Experience | Minimum 10 years in Financial sector / Law firms along with 5 years experience working with SEBI recognized Category – I Merchant Banker handling issue Management, Merger, Acquisition, Listing, De-listing, ESOP Valuation, Project Appraisal, Loan Syndication, etc. |
| Pay Scale | CTC – `22.00 Lakh per annum, approx |
| Age Limit | Not below 35 years and not exceeding 55 years. (Candidates born not earlier than 22.06.1961 and not later than 21.06.1981 [both days including] are only eligible to apply. |
| Application Fee For The Job | SC/ST/PwD – 50/- (Rupees fifty only)Others (including OBCs and General) – `500/- (Rupees Five hundred only)
Staff Candidates – Nil |
| Location of Job | Chennai |
Selection Procedure:
Candidates can apply on or before 5/7/2016
Candidate for the post of Consultant (Merchant Banking) on contract basis will be shortlisted on the basis of Interview. The selection process for all the posts in Grade ‘A’ would be by way of an online examination, followed by Personal Interview. The selection process for all the posts in Grade ‘B’ would be by way of an online examination, followed by Group Discussion and Personal Interview. Candidates who qualify based on the minimum cut-off marks decided by the Bank, would be called for interview. All tests, except test of English Language and Descriptive Paper will be provided in English and Hindi. Test of English Language and Descriptive Paper will be only in English. 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. 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. The Scores of Online Examination will be obtained by adopting the following procedure: (i) Number of questions answered correctly by a candidate in each objective test is considered for arriving at the Corrected Score after applying penalty for wrong answers.
The Corrected Scores so obtained by a candidate are made equivalent to take care of the minor difference in difficulty level, if any, in each of the objective tests held in different sessions to arrive at the Equated Scores* (*Scores obtained by candidates on any test are equated to the base form by considering the distribution of scores of all the forms.)
Testwise scores and scores on total is reported with decimal points upto two digits. Note: Cutoffs may be applied in two stages: (i) On scores in individual tests (ii) On Total Score The total marks of the examination will be 200 for all posts except Manager – Grade ‘B’: Economist 250 for which total marks would be 250 which include 50 marks of the Descriptive Section. In Grade ‘B’ (Economist Stream) the objective type examination will be followed by a Descriptive test – 2 Essays (4 internal options) for 45 minutes Candidates will be shortlisted for Interview on the basis of marks scored in objective and descriptive section (wherever applicable) taken together against full marks of 250. Descriptive Test will only be evaluated for those candidates who qualify in the Objective type of tests (on total and individual sections of objective tests) and are placed adequately high as per total marks in the objective test. Descriptive test to the extent of fixed number of times the number of vacancies will be evaluated. The various qualifying cut off marks in each of the objective tests, total objective test and the descriptive paper will be decided by the Bank. Questions of Online descriptive test will be displayed on the screen of your computer. Answers are to be typed using the keyboard. Before start of typing answers to questions in Descriptive Paper please check all key functions of the keyboard. SIDBI reserves the right to modify the structure of the examination which will be intimated through its website. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letters from the SIDBI’s website www.sidbi.in.
How To Apply?:
Candidates can apply online only from SIDBI’s website and no other mode of application will be accepted
Scan their photograph and signature ensuring that both the photograph and signature adhere to the required specifications as given in Guidelines for Scanning and Upload of Photograph and Signature below.
Keep the necessary details/documents for Online Payment of the requisite application fee/ intimation charges ready.
Have a valid personal email ID, which should be kept active at least till the declaration of results of online exam. SIDBI will send intimation to download call letters for PRT/On-Line Exam/Interview on this e-mail ID only. Under no circumstances, a candidate should share with/mention e-mail ID to / of any other person. In case a candidate does not have a valid personal e-mail ID, he/she should create his/her new e-mail ID before applying on-line and must maintain that email account.
Before filling in the application form, the candidates must ensure that they fulfill all the eligibility criteria with respect to age, educational qualification, work experience etc. as on June 21, 2016 and July 05, 2016 as the case may be in respect of the post for which he / she is making the application and that the particulars furnished in the application form are correct in all respects.
Appointments of selected candidates will be subject to his / her being declared medically fit by Bank Medical Officer, satisfactory report about his / her character and antecedents by the Police Authorities, satisfactory report from his / her previous employer and referees, verification of caste / tribe and class certificate and completion of all other pre recruitment formalities to the complete satisfaction of the Bank. Further, such appointment shall also be subject to Service and Conduct Rules of the Bank.
Printout of the online application form and any other document (in original or copy thereof) SHOULD NOT BE SENT to any office / branch of SIDBI.
Candidates are cautioned that they should not furnish any particulars or information that are false, tampered/fabricated or should not suppress any material information while applying on line. In case it is detected at any stage that a candidate does not fulfill any of the eligibility criteria for the post applied for and / or that he / she has furnished any incorrect information or has suppressed any material fact(s), his / her candidature will stand cancelled. If any of these shortcomings is/are detected even after the appointment, his/her services are liable to be terminated.
All educational qualifications must have been obtained on or before the last date of submission of application form from recognized Universities / Institutions in India as indicated in this Advertisement. If grades are awarded instead of marks, candidates should attach a copy of the Conversion Chart of Grade into Numeric value, which has been duly attested by the Head of the Department/ Institute, in case the same is not indicated in the mark sheet.
Decision of the Bank in all matters relating to recruitment viz. eligibility of the candidate, the stages at which such scrutiny of eligibility is to be undertaken, the documents to be produced for the purpose of conduct of interview / selection etc. and any other matter will be binding on the candidates. No correspondence or personal inquires shall be entertained by the Bank in this regard.
The Bank reserves the right to raise / relax the minimum eligibility standard, etc., in order to restrict the number of candidates to be called for interview to commensurate with the number of vacancies. No separate communication / notification shall be issued in this regard.
The Bank shall not entertain requests from the candidates seeking advice about their eligibility to apply.
The Bank does not furnish the mark-sheet of selection process to candidates.
Application once made will not be allowed to be withdrawn and the Application cum processing fee/postal charges once paid will NOT BE refunded on any account nor would be held in reserve for any future examination or selection.
Sufficient copies of the recent passport size colour photograph (without dark glasses) which is pasted on the ‘ON LINE’ call letter, should be retained for subsequent recruitment formalities. Candidates are advised not to change their appearance till the entire recruitment process is over. Failure to produce the same photograph subsequently may lead to disqualification.
In respect of candidates belonging to OBC category, the Class certificate should have been issued in the prescribed format and by authorities empowered to issue such certificate. The OBC certificate should specifically indicate that the candidate does not belong to Creamy Layer Section excluded from the benefits of reservation for OBC in Civil Posts and Services under Govt. of India and that the OBC Certificate should not be more than one year old from the date of closure of on line registration gateway.
The competent authority for the issue of the Certificate to OBC is (i) District Magistrate / Additional Distt. Magistrate / Collector / Deputy Commissioner / Additional Deputy Commissioner / Dy. Collector / First Class Stipendary Magistrate / Sub-Division Magistrate / Taluka Magistrate / Executive Magistrate / Extra Assistant Commissioner (ii) Chief Presidency Magistrate / Additional Chief Presidency Magistrate / Presidency Magistrate (iii) Revenue Officer not below the rank of Tahsildar (iv) Sub Divisional Officer of the area where the candidate and / or his family normally resides.
The candidate’s appointment will remain provisional subject to tribe / class certificate being verified through proper channel and verification of testimonials. The candidate’s service will be liable to be terminated forthwith without assigning any reason in case the verification reveals that his / her claim for belonging to OBC (including not belonging to creamy layer) and other testimonials is false. The Bank also reserves its right to take such further action against the candidate, as it may deem proper for production of false certificate(s).
Option for use of Hindi/English will be available during interview. Candidates may note to indicate their choice at appropriate place in the application form.
The candidates will have to appear for the Pre-Recruitment Training / Online examination / Personal Interview at their own cost and risk. The Bank shall not be responsible for any injury / loss etc of any nature to any candidate.
Candidates will have to appear for the interview at their own expense. However, eligible outstation SC/ST/Persons with Disabilities category candidates called for interview will be paid II AC class to & fro railway/ bus fare or actual expenses incurred, whichever is less, by shortest route on production of proof of travel (rail/ bus ticket etc.). The above concession will not be admissible to SC/ST/Persons with Disabilities category candidates who are already in service in Central / State Government, Corporations, Public Undertakings / Local Government, Institutions and Panchayats etc.
Selected Candidates, who are already in service of Government / Quasi-Government organizations, Public Sector Banks / Undertakings, must produce a ‘proper relieving letter / discharge certificate in original’ form their present Employer at the time of reporting for duty, failing which they shall not be allowed to report for duty. Therefore, candidates, who are already in service of Government / Quasi-Government organizations, Public Sector Banks / Undertakings, may like to obtain prior permission / No objection certificate from their present employer before applying in SIDBI as per rules / regulations of their present employers in this regard.
Only candidates willing to serve anywhere in India may apply.
In the examination hall as well as at the time of interview, the call letter along with original and a photocopy of the candidate’s currently valid photo identity such as PAN Card/ Passport/ Driving License/ Voter’s Card/ Bank Passbook with photograph/ Photo identity proof issued by a Gazzetted Officer on official letterhead/ Photo identity proof issued by a People’s Representative on official letterhead/ valid recent Identity Card issued by a recognized College/ University/ Aadhar card with a photograph/ Employee ID/ Bar Council Identity Card with photograph should be submitted to the invigilator for verification. The candidate’s identity will be verified with respect to his/her details on the call letter, in the Attendance List and requisite documents submitted. If identity of the candidate is in doubt the candidate may not be allowed to appear for the Examination.
Important Dates To Remember:
Last Date to Apply for this job 5/7/2016