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

    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 fulfil 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 

    Every candidate willing to apply for the SIDBI Grade A Exam must fulfil the eligibility criteria mentioned in the notification. Even if you know details about the eligibility criteria, you must not rely completely on that. Because SIDBI has all rights to make changes int he eligibility criteria, be it age or education. Therefor,e candidates are advised that they should apply for the SIDBI Grade A Exam, only if they fulfil the eligibility criteria completely. In case you missed any criteria to be fulfilled, your candidature will get cancelled without giving you any prior notice and you won't be able to give the SIDBI Grade A Exam. In 2023, SIDBI announced a major change in the SIDBI eligibility criteria 2024 along with the SIDBI Assistant Manager exam pattern 2024. To apply for the SIDBI Grade A Assistant Manager Exam 2024, 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. 

    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

    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 TerminologiesClass / DivisionAggregate % of Marks
    6.75 I (First) 60%
    6.25 II (Second) 55%

    SIDBI Grade A Age Criteria 

    Age criteria is another eligibility criterion that must be fulfilled by each and every candidate willing to apply for the SIDBI Grade A Officer Exam. 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. It 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.

    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 

    Age relaxation is given based on the reserved categories. You should check whether you are eligible to take the benefit of that age relaxation. Generally in such an age relaxation scenario, the upper age limit is increased for the candidates belonging to the reserved categories. This is completely based on the constitutional benefits borne by the reserved categories. However, the candidates belonging to the reserved category must possess some sort of verification documents that proves they belong to that specific category in regard with religion, community or tribe. SIDBI Assistant Manager recruitment 2024 provides age relaxation to the candidates belonging to reserved categories. This relaxation in 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.

    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: If you are a SIDBI employee, you are eligible for age relaxation.

    SIDBI Gr A Recruitment - Free Mock Tests

    SIDBI Gr A Officer 2022 Mock Test 3

    SIDBI Gr A Officer 2022 Mock Test 3

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    • 160 Questions
    • 200 Marks
    SIDBI Gr A Officer 2022 Mock Test 2

    SIDBI Gr A Officer 2022 Mock Test 2

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    • 200 Marks
    SIDBI Gr A Officer 2022 Mock Test 1

    SIDBI Gr A Officer 2022 Mock Test 1

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    • 160 Questions
    • 200 Marks

    SIDBI Gr A Recruitment - Previous Year Question Paper

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    SIDBI Gr A Officer 2022 Previous Year Paper

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    SIDBI Gr A Officer 2016 Previous Year Paper

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    Sidbi Assistant Manager Eligibility Criteria FAQs

    Yes, in such case you will be eligible for a grant of one / two advance increments in the pay scale only if you have documentary evidence related to it.
    You will be eligible for a maximum of 4 advance increments in such case.
    No, such candidates need to apply under General Category in the SIDBI Assistant Manager recruitment 2024.
    No, 59.99% will be treated as less than 60%. Therefore, you are not eligible to apply for the SIDBI Grade A exam. This % criteria is for the General category.
    The maximum age to apply for the SIDBI Grade A exam is 28 years. Furthermore, you need to be 21 years old to apply for the SIDBI Grade A 2022-23 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 2022-23 notification clearly states that candidates who are appearing in the final year are also eligible to apply, provided they submit the final marksheet and provisional / final degree certificate, in original at the time of interview.
    No, there is no such age relaxation for the candidates belonging to the EWS category.
    Yes, you can avail the benefit of reservation provided to ex-servicemen under SIDBI Grade A notification.

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