Small Industries Development Bank of India (SIDBI) is a financial institution in India that was established on April 2, 1990, under an Act of Parliament. It serves as the principal financial institution for the promotion, financing, and development of small-scale industries (SSI) in the country.
SIDBI's main objective is to facilitate the growth and development of micro, small, and medium enterprises (MSMEs) in India by providing them with financial and non-financial support. It offers a range of financial products and services tailored to the specific needs of MSMEs, including loans, working capital assistance, venture capital, and project financing.
The bank plays a crucial role in addressing the funding and developmental gaps faced by MSMEs, which often struggle to access adequate credit from traditional banks. SIDBI provides financial assistance through various programs and schemes, both directly and through its network of partner institutions.
In addition to financial support, SIDBI also offers non-financial assistance to MSMEs. This includes capacity building initiatives, skill development programs, technology upgradation support, and entrepreneurial training. The aim is to enhance the competitiveness and sustainability of MSMEs, enabling them to contribute effectively to the Indian economy.
SIDBI works in close collaboration with various stakeholders, including commercial banks, state financial corporations, industry associations, and government agencies. It acts as a catalyst, coordinating and channeling funds from multiple sources to support MSMEs across different sectors and regions of the country.
Over the years, SIDBI has played a significant role in fostering entrepreneurship, promoting innovation, and generating employment opportunities in India. It has been instrumental in nurturing the growth of MSMEs, which form a critical segment of the Indian economy and contribute significantly to GDP, exports, and employment.
Mode of Apply:-
Applying for a loan or any other financial service from the Small Industries Development Bank of India (SIDBI) can be done through offline mode. Here is a description of the typical offline application process:
1. Obtain the Application Form: The first step is to obtain the application form, which can be obtained from the nearest SIDBI branch or downloaded from their official website. The form is typically available in a printed format and can be filled manually.
2. Fill in the Application Form: Once you have the application form, carefully read the instructions and provide all the required information accurately. The form will typically ask for details such as personal information, business details (if applicable), loan amount required, purpose of the loan, financial statements, and any other supporting documents as per the loan type.
3. Gather Required Documents: Along with the filled application form, you will need to gather the necessary documents as specified by SIDBI. These documents may include identity proof, address proof, business registration documents, financial statements, bank statements, income tax returns, and any other relevant documents.
4. Visit the SIDBI Branch: After completing the application form and gathering the required documents, visit the nearest SIDBI branch in person. You can inquire about the branch location and working hours from their website or customer service helpline.
5. Submit the Application: Once at the branch, submit the filled application form along with the supporting documents to the designated SIDBI representative. They will verify the details provided and guide you through any additional steps or requirements.
6. Application Processing: After submitting the application, SIDBI will review your application, conduct a thorough evaluation of the submitted documents, and assess your eligibility for the requested financial service. This may include conducting background checks, evaluating creditworthiness, and assessing the viability of the business (if applicable).
7. Follow-up and Communication: During the processing period, SIDBI may contact you for any additional information or clarifications. Ensure that you provide prompt responses and cooperate with the bank to expedite the process. You can also check the status of your application by contacting the branch or using any online tracking facility provided by SIDBI.
8. Decision and Disbursement: Once the application is processed, SIDBI will communicate the decision regarding your application. If approved, they will guide you through the further steps, including loan agreement signing and disbursement of funds. The disbursement may be in the form of a direct credit to your bank account or any other mode specified by SIDBI.
Vacancy Details:-
SIDBI Vacancy Details:
Position: Monitoring and Evaluation Experts
Number of Vacancies: 02
The Small Industries Development Bank of India (SIDBI) has announced vacancies for the position of Monitoring and Evaluation Experts. This role is crucial for assessing and analyzing the performance and impact of various programs and initiatives undertaken by SIDBI.
Responsibilities:
1. Conduct monitoring and evaluation activities to assess the effectiveness and efficiency of SIDBI's programs.
2. Design and implement monitoring frameworks, indicators, and data collection tools.
3. Analyze data collected and prepare reports highlighting key findings and recommendations.
4. Evaluate the impact and outcomes of SIDBI's initiatives and projects.
5. Provide recommendations for improvement based on evaluation findings.
6. Collaborate with internal teams and external stakeholders to gather relevant data and insights.
7. Stay updated with best practices and emerging trends in monitoring and evaluation methodologies.
8. Support in building capacity and knowledge sharing on monitoring and evaluation within the organization.
Requirements:
1. Educational Qualifications: Candidates should possess a relevant postgraduate degree (such as Economics, Statistics, Development Studies, or related fields) from a recognized university or institution.
2. Experience: Candidates should have a minimum of [X] years of experience in monitoring and evaluation roles, preferably in the development sector or financial institutions.
3. Strong analytical skills with the ability to interpret and analyze data effectively.
4. Proficiency in using statistical software and data analysis tools.
5. Excellent written and verbal communication skills.
6. Ability to work independently and collaboratively in a team environment.
7. Knowledge of development finance and small-scale industries will be an added advantage.
8. Candidates must meet the age criteria as specified by SIDBI.
Application Process:
Interested and eligible candidates can apply for the position of Monitoring and Evaluation Experts by following the application process prescribed by SIDBI. This may include filling out the application form, attaching relevant documents, and submitting them within the specified deadline. Details regarding the application process, deadline, and contact information can be found on the official SIDBI website or the recruitment notification.
Note: The information provided is a general description of the vacancy details for the position of Monitoring and Evaluation Experts at SIDBI. It is advisable to refer to the official SIDBI website or the recruitment notification for the most accurate and up-to-date information regarding the specific vacancy, including qualifications, experience requirements, application process, and deadlines.
Education Info:-
Job seekers interested in the vacancy mentioned should have completed a Bachelor's Degree in Engineering/Technology from a well-recognized institute or board. Here are the key details regarding the educational requirements:
Degree: Bachelor's Degree
Field of Study: Engineering/Technology
Academic Records: Candidates should have a good academic record throughout their undergraduate studies. While the specific criteria for a "good" academic record may vary, it generally implies consistently high grades or a satisfactory performance in the chosen field of study.
Institute/Board Recognition: The degree should be obtained from a well-recognized institute or board. This implies that the institute or board should have a reputable standing in the educational domain and be recognized by relevant authorities.
It's important to note that the specific engineering or technology discipline may or may not be mentioned in the provided information. Candidates interested in the job vacancy should refer to the official job advertisement or the website of the organization to obtain precise details regarding the preferred engineering or technology disciplines, if any.
Additionally, it's advisable for candidates to review the complete job requirements, including any additional qualifications or experience, mentioned in the official job advertisement. This will provide a comprehensive understanding of the eligibility criteria and ensure accurate application submission.
Age Limit:-
According to the provided information, the age limit for applying candidates must not exceed 45 years. Here are the key details regarding the age limit:
Maximum Age Limit: 45 years
Applying candidates should ensure that their age does not exceed 45 years at the time of application. This implies that candidates who have crossed the age of 45 are not eligible to apply for the mentioned job vacancy.
It's advisable for candidates to refer to the official job advertisement or the organization's website to obtain the most accurate and up-to-date information regarding the age limit for the particular vacancy they are interested in.
Candidates should carefully review the age limit criteria mentioned in the official job advertisement to determine their eligibility. Any relaxation in the age limit, if applicable (such as for reserved categories or as per government regulations), should also be considered and clarified in the official job advertisement.
Pay Scale:-
The pay scale mentioned, Rs. 1,50,000 - 2,00,000/-, refers to the salary range offered to individuals who are successfully appointed in a specific recruitment or job position. The pay scale indicates the minimum and maximum salary that can be earned by employees in that particular role.
In this case, the successful contenders appointed through the recruitment process will receive a monthly salary within the range of Rs. 1,50,000 to Rs. 2,00,000. The exact amount within this range would depend on factors such as the candidate's qualifications, experience, and the organization's salary structure.
It's important to note that the salary mentioned is a gross salary, typically before the deduction of taxes and other statutory deductions. The actual take-home salary may be lower than the gross salary due to these deductions.
The recruiting organization, which is not specified in your query, will be responsible for determining the salary within this range based on various factors, including industry standards, job responsibilities, and the candidate's qualifications and experience.
Postal Address:-
The postal address to send the application is as follows:
General Manager
Green Climate Finance Vertical
12th floor, Atmaram House
Tolstoy Marg
New Delhi – 110001
When sending your application, it is important to ensure that you include all the necessary documents and follow any specific instructions provided by the organization. Double-check the address to ensure accuracy and include any additional details, such as a department or reference code if provided.
The address mentioned is the location where the General Manager of the Green Climate Finance Vertical is based. Tolstoy Marg is the street name, and Atmaram House is the name of the building. New Delhi, with the postal code 110001, indicates the city and the specific area where the organization is located.
It is recommended to use proper packaging to protect your application documents and to choose a reliable postal service to ensure that your application reaches its destination safely and on time.
Important Date:-
The important date mentioned is the last date for submitting the application form, which is specified as 17-07-2023.
This date indicates the deadline by which interested individuals must complete and submit their application form for the specific recruitment or opportunity. It is crucial to adhere to this deadline to ensure that the application is considered for further evaluation and selection.
Applicants should note that the date format mentioned follows the day-month-year sequence, where "17" represents the day, "07" represents the month (July), and "2023" represents the year.
It is advisable to carefully read and follow any instructions provided regarding the submission process to ensure that the application is received within the given timeframe.
Official Website :-
