Government jobOwn pay structureGroup NANon‑gazetted
SIDBI Grade A Officer (Assistant Manager)
सिडबी ग्रेड ए अधिकारी (सहायक प्रबंधक)
Officer in the development bank for small businesses — appraising and monitoring loans to MSMEs and lenders.
Small Industries Development Bank of India (SIDBI) · bank government
- Exam
- SIDBI Grade A
- Qualification
- Graduate
- Age limit
- 21–30 years
- Transfers
- Anywhere in India
- Work hours
- Regular office hours, with travel for unit visits
- Probation
- As per the advertisement
Monthly salary (gross)
₹1,00,000
From SIDBI's Grade A and B advertisement of March 2025: pay scale ₹44,500–₹89,150 with gross emoluments of about ₹1,00,000 a month at the minimum of the scale. The advertisement notes the scale is due for revision.
What you will actually do
- Appraising loan proposals from small and medium enterprises
- Monitoring borrower accounts and recovering dues
- Managing refinance to banks, NBFCs and microfinance institutions
- Running credit guarantee, fund-of-funds and promotional schemes
- Visiting units and preparing credit notes
A typical day
In a branch you handle a portfolio of MSME borrowers: studying balance sheets, visiting factories, writing appraisal notes and following up on overdue accounts. In the head office or a vertical you work on refinance to other lenders, start-up funds or scheme design. Compared with a commercial bank branch there is no retail counter and far fewer customers, but each credit decision is examined closely.
Promotion path
Timelines are ranges and vary by cadre. See how promotions and MACP work.
SIDBI Grade A Officer (Assistant Manager) (joining)
Own pay structure
Manager (Grade B)
3–5 years · via dpc
Assistant General Manager (Grade C)
Further 4–6 years · via dpc
Promotion timelines vary by cadre and vacancies. If not promoted, MACP gives a pay upgrade after 10, 20 and 30 years.
How to get in
Small Industries Development Bank of India
- 1.Phase I online examination
- 2.Phase II online examination
- 3.Interview
Eligibility: For the General stream, a bachelor's degree in specified disciplines (such as commerce, economics, mathematics, statistics, business administration or engineering) with 60% marks, or CA, CS, CMA, MBA or equivalent, as listed in the advertisement. Age 21–30. SC/ST: 5 years, OBC (non-creamy layer): 3 years, PwBD: 10 years, as per the notification.
The good
- Pay comparable to NABARD Grade A
- Credit work without retail sales targets
- Offices in cities and industrial towns
The hard parts
- Small number of vacancies
- All-India transfers
- Responsibility for loans that turn bad
Postings
Head office in Lucknow, a large office in Mumbai, and branch and regional offices in industrial centres across India. Transfers are all-India.
Questions people ask
What is the qualification and age limit for SIDBI Grade A Officer (Assistant Manager)?+
For the General stream, a bachelor's degree in specified disciplines (such as commerce, economics, mathematics, statistics, business administration or engineering) with 60% marks, or CA, CS, CMA, MBA or equivalent, as listed in the advertisement. Age: 21–30 years. Relaxation: SC/ST: 5 years, OBC (non-creamy layer): 3 years, PwBD: 10 years, as per the notification.
Which exam do I need to clear for SIDBI Grade A Officer (Assistant Manager)?+
SIDBI Grade A (Small Industries Development Bank of India).
Is there a service bond?+
SIDBI has asked selected candidates for a service bond in past cycles. Check the amount and period in the current advertisement.
Compare with similar posts
NABARD Grade A (Assistant Manager)
नाबार्ड ग्रेड ए (सहायक प्रबंधक)
Officer in NABARD — financing and supervising rural credit and development projects, with district-level field work.
RBI Grade B Officer
आरबीआई ग्रेड बी अधिकारी
Officer in the Reserve Bank of India — bank supervision, currency, markets and policy work, with city postings and high pay.
SEBI Grade A Officer (Assistant Manager)
सेबी ग्रेड ए अधिकारी (सहायक प्रबंधक)
Officer in India's securities market regulator — supervision, investigation and policy work, almost entirely in Mumbai.
Books to prepare for SIDBI Grade A
- See on Amazon
Indian Economy
Ramesh Singh (McGraw Hill)
Explains concepts behind the economy syllabus. Read selectively and add the Economic Survey and Budget for current data.
- See on Amazon
Indian Financial System
Bharati V. Pathak (Pearson)
Markets, institutions and regulators explained in depth for the finance paper.
- See on Amazon
Principles and Practices of Banking
Indian Institute of Banking and Finance (Macmillan)
The JAIIB text. Reliable for banking concepts and regulation.
All 6 books for RBI Grade B and NABARD Grade A
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Sources
This profile is being reviewed. Confirm details in the latest official notification. Salary computed from pay rules as of January 2026.