The first bank in India was established in 1770. State Bank of India is the largest bank of the India. It is one of three banks funded by the presidencies of British India Government. The banking sector of India has been classified into scheduled banks, which includes public sector banks, regional rural banks, private sector banks and foreign banks and non scheduled banks.  The regulation of the scheduled banks is done under the Banking Regulation Act, 1949.

Getting a job in the banking sector requires immense knowledge, preparation and learning.  Recently, SIDBI Bank has invited applications for the recruitment of assistant manager (Grade A) in 2016. Interested candidates can fill in their application forms from 21st December, 2015 to 11th January, 2016.

Detailed Assistant Manager Job Description

Number of Positions- 100

Position and Number of Vacancies- Assistant Manager Grade A

Age Criteria–  The age of the interested candidate applying for the post of assistant manager should not be more than 28 years as an 21st December 2015.  Candidates within the age limits 22.12.1987 to 21.12.1994 are only eligible to apply.  Age relaxation is also provided to the eligible candidates as per the laws.

Educational Eligibility– A candidate must have received bachelors or master’s degree with minimum 60% marks in relevant stream from a reputed college or university.  However, preference would be given to candidates who have received qualifications like CA, ICWA, CS, MBA, Engineering or Diploma in Banking.

Selection Procedure– The candidates would be selected according to their performance in an online exam followed by interview.  The cut off marks would be decided by the authorities of SIDBI Bank.

Application fee- The candidates would be required to make an online payment using their Debit cards, credit cards, cash cards or mobile wallets.  The application fee for SC/ST/PWD candidates is Nil and for OBC and general candidates, it is Rs 450/.

Application Process– The eligible candidates can fill in their application forms and submit on or before 11/01/2016.

Last Date to Apply–  11/01/2016.