SIDBI Assistant Manager Recruitment 2022, Apply Online For 100 Vacancies!

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SIDBI Grade A Assistant Manager New Notification Out on 13th December 2022! This recruitment has been released under advt no. 01/Grade A/2022-23. The Small Industries Development Bank of India (SIDBI) has released a detailed notification for the Grade A post in General Stream. A total number of 100 vacancies are released for SIDBI Assistant Manager Recruitment 2022. The candidates will be able to apply online from 14th December 2022 to 3rd January 2023.

  • The selection process includes an online examination consisting of both objective and descriptive test and a personal interview.
  • Age of the candidates must be between 21 – 28 years to apply for the SIDBI Assistant Manager Recruitment 2022.
  • The exact exam date has not been released yet but it is notified that the online test will be conducted in January/February 2023 and the interview will be conducted in February 2023.

SIDBI Assistant Manager Overview

It is very important to know about the exam you are going to appear in. So, check out the below table for the overview of SIDBI Assistant Manager.

SIDBI Assistant Manager Overview

Recruiting Body

Small Industries Development Bank of India (SIDBI) 

Official website



Grade A

Number of Vacancies


Application Start Date

14th December 2022

Last Date to Apply

3rd January 2023

Admit Card Release Date

Will be announced

Exam Date

January/February 2023

Interview Date

February 2023

Download SIDBI Assistant Manager Recruitment Notification 2022 PDF

SIDBI Assistant Manager Vacancy 2022

A total number of 100 vacancies have been released for SIDBI Grade A Recruitment 2022. Below are the category-wise vacancy details. The number of vacancies may vary from year to year and it totally depends upon the authority to increase or decrease the number of openings for the SIDBI Assistant Manager post.















How to Apply for SIDBI Assistant Manager Recruitment 2022?

The application process will start from 14th December 2022 to 3rd January 2023. Follow the steps which are mentioned below to apply for the recruitment process.

Direct Link to Apply for SIDBI Assistant Manager Recruitment

Step 1: Click on the direct link mentioned above.

Step 2: Fill in all the necessary details like name, father’s name, address, educational qualification, etc.

Step 3: Attach the required documents like SSC Certificate, Category Certificate etc.

Step 4: Upload your recent passport size photograph. You can use the PrepForSure Cropping Tool which helps you to upload Your Image & Signature in specific dimensions.

Step 5: Pay the required fees and click on the submit button.

Step 6: Download and take a printout of the application form for future reference.

Application Fee

Below are the category-wise application fee details.

Category of Candidate

Application Fee (in INR)

Intimation Charges (in INR)

Total Charges (in INR )



175/ – (Rupees One hundred and Seventy -Five Only)

175/ – (Rupees One hundred and Seventy – Five Only)

Others (including OBCs/EWS and General Candidates)

925/ – (Rupees Nine hundred and Twenty Five Only)

175/ – (Rupees One hundred and Seventy Five Only)

1100/ – (Rupees One Thousand and One hundred Only)

Staff Candidates




Read more about SIDBI IT Specialists Recruitment.

SIDBI Assistant Manager Selection Process 2022

The candidates will undergo 2 stages of the selection process – 

  • Online Examination
  • Interview

The online examination will be conducted across a number of cities in India. The interested candidates will have to add their preferred cities in the SIDBI application form. Requests for changing the examination location will not be entertained at any cost. SIDBI reserves the right to cancel any of the Examination Centres and/ or add some other Centres, at its discretion, depending upon the response, administrative feasibility, etc. SIDBI also reserves the right to allot the candidate to any centre other than the one he/she has opted for.

SIDBI Assistant Manager Eligibility Criteria 2022 

Eligibility Criteria act as a gateway to attend the selection process. The applicants will be rejected if any of them do not meet the eligibility. 

Age Limit (As on 14th December 2022)

Candidates must be between the age of 21 – 28 years to apply for the recruitment. However, age relaxations are applicable for reserved category candidates.

Age Relaxation

Below are the category-wise age relaxation details.


Upper Age Relaxation

OBC (Non- creamy layer)

3 years


5 years

PwBD [Unreserved/EWS] Persons With Benchmark Disability as defined under “The Rights of Persons with Disabilities Act, 2016”

10 years

PwBD [OBC candidates] [cumulative with OBC relaxation]

13 years

PwBD [SC / ST candidates] [cumulative with SC/ST relaxation]

15 years

Ex-servicemen candidates (as per the provisions of ExServicemen (Re – employment in Central Civil Services and Posts) Amendment Rules, 2012) Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment

5 years

Persons affected by 1984 riots

5 years

Educational Qualification (As on 3rd January 2023)

The candidates must have:

Bachelor’s degree in Law or Engineering (Preferable: Civil, Mechanical or Electrical) OR

Master’s/Post Graduation Degree in any discipline from a recognized university. OR

CA/CS/CWA/CFA/CMA OR Ph.D from institutions recognized by GOI/UGC

Know about SIDBI Assistant Manager Eligibility Criteria 

SIDBI Assistant Manager Syllabus 2022

The syllabus for SIDBI Assistant Manager written test is mentioned in the table below:



English Language

  • Active and Passive Voice
  • Cloze Tests
  • Commonly Misspelled Words
  • Direct & Indirect Speech
  • Editing
  • Error Spotting
  • Fill in the Blanks
  • Grammar
  • Idioms and Phrases
  • Jumble Words
  • Jumbled up sentences
  • Miscellaneous
  • One word Substitution
  • Paragraph Completion
  • Passage Making
  • Phrase Substitution
  • Reading Comprehension
  • Sentence Correction
  • Sentence Framing
  • Sentence Improvement
  • Spelling Test
  • Spotting Errors
  • Synonyms & Antonyms
  • Verbal Ability
  • Vocabulary

Quantitative Aptitude

  • Age problems
  • Algebra
  • Alligation or Mixture
  • Area
  • Averages
  • Banker’s Discount
  • Boats and Streams
  • Case Studies
  • Charts and Graphs
  • Compound Interest
  • Data Interpretation
  • Decimal Fraction
  • HCF and LCM
  • Mensuration – Cylinder, Cone, Sphere
  • Number Systems
  • Partnership
  • Percentages
  • Permutation, Combination, and Probability
  • Pipes and Cisterns
  • Profit and Loss
  • Quadratic Equations
  • Ratio and Proportion
  • Sequence and Series
  • Set Theory
  • Simple Interest 
  • Compound Interest
  • Simplification
  • Speed, Distance and Time
  • Square Root and Cube Root
  • Stocks and Shares
  • Surds and Indices


  • Alphabet Test
  • Alphanumeric Series
  • Analogy
  • Arrangement and Pattern
  • Assertion and Reason
  • Blood Relations
  • Causes and Effects
  • Circular Arrangement
  • Coded Inequalities
  • Coding-Decoding
  • Data Sufficiency
  • Decision Making
  • Direction and Distance
  • Direction Sense Test
  • Figure Series Test
  • Floor Puzzle
  • Inequality
  • Input-Output
  • Linear Arrangement
  • Logical Reasoning
  • Machine Input Output
  • Number
  • Odd man out
  • Ordering and Ranking
  • Puzzle and Arrangements
  • Ranking and Time
  • Ranking/Direction/Alphabet Test
  • Scheduling
  • Seating Arrangement
  • Series Test
  • Statement and Arguments
  • Statement and Assumption
  • Statement and Conclusion
  • Syllogism
  • Tabulation
  • Verbal Reasoning
  • Word Formation

General Awareness

  • General Knowledge
  • Banking and Insurance Awareness
  • Govt. Schemes and Policies
  • Static Awareness
  • Awards & Honours
  • Banking & Insurance Industry
  • Books & Authors
  • Budget
  • Countries & Capitals
  • Current Affairs– National & International
  • Important Days
  • Important Financial & Economic News
  • International & National Organisations
  • Science- Inventions & Discoveries

SIDBI Assistant Manager Exam Pattern 2022 

Below is the detailed exam pattern of the SIDBI Assistant Manager online test.


Name of the Test

Type of


No. of






English Language




20 Minutes


General Awareness

(With special reference to Banking and Financial Sector and Economic and

Social Issues)




30 Minutes


Reasoning Aptitude




40 Minutes


Quantitative Aptitude




30 Minutes






120 Minutes


Online descriptive test: Candidates will be required to answer by typing on computer


Comprising of two Essays on Financial / Banking / Economic and Social Issues in India (20 Marks each) and one Business Letter Writing (10 Marks)

Note: It is essential to attempt all three questions.




60 minutes





180 Minutes

  • The exam will be conducted for 250 marks
  • A total number of 163 questions will be asked.
  • The duration of the examination will be 3 hours.
  • There will be a penalty for wrong answers in the objective type test i.e. for every wrong answer, one-fourth of the mark assigned to that question will be deducted.

Check out SIDBI Development Executive Recruitment here!

SIDBI Assistant Manager Exam Dates 2022

By knowing the exam dates prior, the applicants can prepare for the examination well before the exam date. Check the important dates and events of the recruitment from the below table.



Application Start Date

14th December 2022

Last Date to Apply

3rd January 2023

Admit Card Release Date

To be announced

Exam Date

January/February 2023

Result Date

To be announced

SIDBI Assistant Manager Admit Card 2022

The SIDBI admit card is necessary for the SIDBI Assistant Manager written examination. Make sure to get your SIDBI Assistant Manager Admit Card when it is released on the SIDBI official website. The processes outlined here will assist candidates in obtaining their admit cards. To avoid any last-minute stress and issues, download the SIDBI Assistant Manager test admission card as soon as feasible.

Step 1: Go to SIDBI's official website.

Step 2: Log in using the information you provided during registration.

Step 3: Password/Date of Birth and Number/Roll Number.

Step 4: Print the admission card and attach the same photograph that you used to register for the SIDBI Assistant Manager Recruitment.

Step 5: Print and save the document for future use.

Candidates need to carry their individual admit cards to the respective allotted examination centres. It is advisable to keep the admit cards safely until the final selection happens. The candidates need to download the call letters for the online examination and the interview from the official website. The details regarding the date, time, and address of the venue where the written test and interview will take place will be communicated through call letters/admit cards, e-mail, and SMS. No hard copies of the admit card will be sent by post.

No changes in location will be entertained for the SIDBI Assistant Manager Interview. However, SIDBI reserves the right to change the date/ venue/ time/ centre, etc. of the interview or hold a supplementary process for a particular date/ session/venue. 

SIDBI Assistant Manager Salary 2022

The salary structure for SIDBI Assistant Manager post is drawn in the table below:

Name of the post


Assistant Manager Grade A

28150-1500(4 Increments)-34350

34350-1750(7 Increments)-46600

46600-EB-1750(4 Increment)-53600


After 17 years of service, the basic salary will be 55600

Net Salary-70000/ Rupees approx

The candidates who are finally selected for the SIDBI Assistant Manager post are entitled to a number of perks and benefits, like:

  • Pension
  • Gratuity
  • Leave Fare Concession
  • Reimbursement of medical expenses
  • Reimbursement of vehicle maintenance
  • Vehicle Loan
  • Housing Loan
  • Bank’s accommodation/Leased Flat Facility

SIDBI Assistant Manager Cut off 2022

Only 100 candidates will be chosen from a large number of applicants for the position of SIDBI Assistant Manager. The concerned department determines the qualifying marks prior to the exam in order to choose the most qualified and worthy candidates, and these qualifying marks are also the cut-off marks required to qualify for the merit list. The following factors derive the qualifying marks/cut-offs for SIDBI Assistant Manager Recruitment 2022:

  • The number of candidates applying for the post.
  • The difficulty level of the SIDBI Assistant Manager paper.
  • The performance of the SIDBI Assistant Manager applicants.

Know about SIDBI Assistant Manager cut off in detail.

SIDBI Assistant Manager Answer Key 2022

The answer key shall help the applicants boost confidence in their performance in the written test. Candidates may obtain the SIDBI Assistant Manager Answer Key 2022 by following the methods outlined below. Carefully follow the steps outlined here.

Step 1: First, go to the official website.

Step 2: Click on the 'SIDBI Assistant Manager Answer Key' active link. A new page in the form of a PDF will appear on the candidate's screen.

Step 3: Now that you have the answer key, you may start comparing your answers to it.

Step 4: After that, save the solution key for further use. Keep track of your score and compare it to the published cutoff.

How to Prepare for SIDBI Assistant Manager Examination 2022?

Check out the below points to understand the tips to excel in the online exam and interview.

Preparation Tips for SIDBI Assistant Manager Examination

  • Schedule timings for preparation and take breaks.
  • Refer to the syllabus thoroughly and revise concepts.
  • Appear for the mock test papers and keep a track of the scores.
  • Work on the areas of improvement and give more time to those topics.
  • Be aware of the negative marking.
  • Do some physical exercise often as it boosts confidence and keeps your body and mind healthy.

Preparation Tips for SIDBI Assistant Manager Interview

  • Dress formally and maintain a neat, presentable, and tidy appearance.
  • Beards should be clipped and hair should be brushed appropriately.
  • Girls should wear their hair in a neat bun and appear confident.
  • While answering questions from the interviewer or the entire panel of interviewers, keep a grin on your face and remain cool.
  • If you get the chance, don't be afraid to ask questions.
  • Don't speed through the interview in one sitting.
  • Take some time to consider your options and thoughtfully respond to the situational questions.
  • Examine the interview tapes and, if possible, strike up a conversation with those who applied for the job earlier.
  • Be truthful to the interviewer and avoid bluffing.
  • Read the SIDBI Assistant Manager’s roles and responsibilities carefully.
  • Clear your mind before the interview and walk in with confidence.

Recommended Books for SIDBI Assistant Manager Examination 2022

Applicants may refer to the SIDBI Assistant Manager books mentioned below and start their preparation to avoid the last-minute hustle. They should take up mock tests and practice time and again to keep up with the pace and performance.






Objective General English

SP Bakshi


Reasoning Aptitude

A Modern Approach to Verbal & Non-Verbal Reasoning

Dr. R S Aggrawal

S. Chand

Quantitative Aptitude

Quantitative Aptitude for Competitive Examinations

Dr. R S Aggrawal

S. Chand

General Awareness

General Knowledge 2022

Manohar Pandey


SIDBI Assistant Manager Result 2022

The SIDBI Assistant Manager Final Result will be released on the bank's website. The steps to check and download the SIDBI Assistant Manager result are:

Step 1: Visit the SIDBI official website.

Step 2: Select “SIDBI Assistant Manager Examination Results 2022”.

Step 3: Enter the login credentials and submit.

Step 4: Check and download the results. Take a printout for future reference.

We hope you found this article on SIDBI Assistant Manager informative and helpful and please do not hesitate to contact us with any doubts. You can also download our PrepForSure App which is free and start preparing for any competitive examination. This app provides you with Test Series, Mock tests, PDFs, Previous year’s question papers, and much more.