The Small Industries Development Bank of India (SIDBI) has announced recruitment for two prestigious contractual positions – Economic Advisor (EA) and Project Manager (Premises) [PMP]. This is an excellent opportunity for experienced professionals to work with a leading financial institution dedicated to the development of the MSME sector.
SIDBI is offering an attractive salary package of up to ₹55 lakh per annum, along with a dynamic work environment in Mumbai. Interested candidates must review the eligibility criteria, selection process, and application details before applying.
Important Dates
- Application Start Date: March 2025
- Last Date to Apply: To be announced
- Cut-off Date for Age & Experience: February 28, 2025
- Interview Date: To be notified
Application Fees
- General/OBC/EWS Candidates: ₹750
- SC/ST/PwBD Candidates: Exempted
The application fee must be paid online and is non-refundable.
Age Limit (As on February 28, 2025)
| Post | Minimum Age | Maximum Age |
|---|---|---|
| Economic Advisor (EA) | 24 years | 45 years |
| Project Manager (Premises) (PMP) | 35 years | 55 years |
Vacancy Details
SIDBI has announced two vacancies on a contractual basis for its Mumbai office.
| Post | Total Vacancies | Category |
|---|---|---|
| Economic Advisor (EA) | 1 | UR |
| Project Manager (Premises) (PMP) | 1 | UR |
Salary & Benefits
SIDBI offers an attractive Cost to Company (CTC) package for these roles.
| Post | Maximum CTC (Per Annum) | Salary Structure |
|---|---|---|
| Economic Advisor (EA) | ₹40 lakh | Fixed + Variable Pay |
| Project Manager (PMP) | ₹55 lakh | Fixed + Variable Pay |
Annual increments will be based on performance reviews.
Eligibility Criteria
1. Economic Advisor (EA)
- Educational Qualification:
- Mandatory: Master’s degree in Economics/Applied Economics from a recognized university.
- Preferred: Ph.D. in Economics/Banking/Finance is desirable.
- Candidates with published research papers in relevant fields will be given preference.
- Work Experience:
- Minimum 4 years of experience in banking, finance, economic research, and policy analysis.
- Strong understanding of macroeconomic trends, financial sector policies, budgeting, and forecasting.
2. Project Manager (Premises) [PMP]
- Educational Qualification:
- Mandatory:
- Graduate/Postgraduate degree in Civil Engineering (BE/BTech/ME/MTech) or Architecture (BArch/MArch) from a recognized university.
- Mandatory:
- Work Experience:
- Minimum 15 years in civil construction, project management, and infrastructure development.
- Experience in banking/financial institutions or infrastructure companies preferred.
Selection Process
- Shortlisting:
- Applications will be screened based on eligibility criteria and experience.
- Only shortlisted candidates will be called for an interview.
- Interview & Final Selection:
- The selection will be based on performance in the interview.
- Final salary negotiation will take place after selection.
Note: If multiple candidates score the same in the interview, age seniority will be considered.
How to Apply for SIDBI Recruitment 2025?
- Visit the official website of SIDBI.
- Click on “Careers” → “Recruitment of Economic Advisor & Project Manager (Premises)”.
- Fill out the online application form with accurate details.
- Upload relevant documents (resume, ID proof, educational & experience certificates, etc.).
- Pay the application fee (if applicable) and submit the form.
- Save the application receipt for future reference.
Why Join SIDBI?
- Work with a prestigious financial institution that drives MSME growth.
- High salary packages with performance-based incentives.
- Challenging roles that offer leadership and strategic responsibilities.
- Opportunities to contribute to economic and infrastructure development.
- Secure work environment with equal employment opportunities.
