SIDBI Assistant Manager Salary 2025, Job Profile, Pay Scale

SIDBI Grade A/B Salary 2025

The SIDBI Assistant Manager/Manager job is a golden opportunity for banking aspirants aiming to secure a high-ranking role in the banking and financial sector. Known for its prestigious standing and extensive growth potential, the SIDBI Assistant Manager role, also known as SIDBI Grade A/B Officer, offers a range of benefits that make it a very attractive career choice.

Those who successfully clear the SIDBI  Grade A/B Exam will be welcomed as Class A officers in this reputable institution. As an Assistant Manager at SIDBI, employees will enjoy professional status, a wealth of responsibilities, and numerous privileges that highlight their role within the organization.

The SIDBI Grade A Notification for the 2025 recruitment cycle has just been released, prompting enthusiastic candidates to pursue this exceptional job opportunity. All details related to the SIDBI  Grade A/B eligibility criteria and the SIDBI Grade A/B Exam Date are available in the notification, making it easier for candidates to prepare well in advance.

One of the most appealing aspects of this role is the SIDBI Assistant Manager Salary. For SIDBI Grade A officers, the starting salary is set at Rs. 44,500/- per month, forming a structured salary scale of Rs. 44,500 - 2500(4) - 54,500 - 2850(7) - 74,450 - EB - 2850(4) - 85,850 - 3300(1) - 89,150 over a period of 17 years.

This means that the initial SIDBI Assistant Manager Salary begins at Rs. 44,500, and with four annual increments of Rs. 2,500, it reaches Rs. 54,500 by the fifth year. Over time, the SIDBI Grade A Salary can reach up to Rs. 89,150 as employees progress through their tenure. Additionally, the take-home SIDBI Assistant Manager Salary reaches approximately Rs. 90,000 per month when combined with allowances and benefits, making it one of the most lucrative starting packages in the industry.

On the other hand SIDBI Manager Salary has also been made offical for aspirants. SIDBI Grade B Officers receive a starting salary of Rs. 55200  per month. So, the salary scale will be 55200 - 2850 (9) – 80850 – EB - 2850 (2) – 86550 - 3300 (4) - 99750 - over a period of 16 years.

For those confused, this means that the inital salary will begin at Rs 55,200 per month and with 9 annual increments of Rs 2850, it will reach Rs 80850 by the 10th year Over time, it can reach upto Rs. 99750 over a period of 16 years. Additionally, the take-home SIDBI Manager Salary reaches approximately Rs. 1,00,000 per month when combined with allowances and benefits, making it one of the most lucrative starting packages in the industry.

Working as an Assistant Manager or Manager in SIDBI not only promises a rewarding SIDBI Grade A Salary but also offers a dynamic work environment that is both challenging and fulfilling. This role opens doors to significant career advancement and leadership opportunities within the banking sector. With such an attractive SIDBI Assistant Manager Salary and Class A status, this position represents a secure and promising future for any aspirant.

For further details on the SIDBI Assistant Manager/Manager salary have a look at the table below.

SIDBI Grade A/B Perks & Allowances

In addition to the SIDBI Assistant Manager/Manager Salary, employees enjoy a range of attractive perks and allowances that enhance the overall SIDBI Grade A/BSalary package. These include housing or lease accommodation, medical facilities, leave travel concession, and furniture allowances, all contributing to a comfortable and balanced lifestyle.

The SIDBI Assistant Manager/Manager Salary is further complemented by a generous performance-linked incentive, adding financial security and growth potential. With these added benefits, the SIDBI Grade A Salary becomes a highly competitive and comprehensive package, making this position even more desirable for aspiring banking professionals. Some of the perks and allowances that you will receive are mentioned below.

• Dearness Allowance (DA): Dearness Allowance is a cost-of-living adjustment paid to employees to counteract inflation. For SIDBI Assistant Managers and Managers, DA is revised quarterly based on the All India Consumer Price Index, providing financial security against rising living costs and directly enhancing the SIDBIGrade A/B Salary.
• Grade Allowance: Grade Allowance is a special allowance given to employees based on their designation. As a SIDBI Grade A Officer, the Grade Allowance further elevates the SIDBI Assistant Manager/Manager Salary, recognizing the high responsibilities and expertise required for this position.
• Special Allowance: Special Allowance is a benefit extended to SIDBI employees, calculated as a percentage of basic pay. This allowance rewards employees for the nature of their duties, adding to the SIDBI Assistant Manager/Manager Salary and ensuring that the total compensation is competitive and rewarding.
• Local Compensatory Allowance (LCA): Local Compensatory Allowance is provided to employees based on their posting location, particularly in high-cost urban areas. LCA in the SIDBI Grade A/B Salary structure addresses city-specific expenses, ensuring employees can maintain a comfortable lifestyle irrespective of location.
• Gratuity: Gratuity is a lump sum paid to SIDBI employees after a specific period of service. This retirement benefit secures future financial stability, rewarding Assistant Managers for their commitment, and enhances the overall SIDBI Assistant Manager/Manager Salary over the long term.
• Leave Fare Concession (LFC): LFC enables SIDBI employees to take a reimbursed leave for travel and vacation. This perk is designed to support work-life balance, allowing Assistant Managers to travel and relax while their expenses are partially or fully covered.
• Medical Expenses Reimbursement: SIDBI provides medical reimbursement to cover hospitalization and general medical expenses for Assistant Managers and their families. This benefit supports financial well-being by covering a significant portion of medical expenses, contributing to the overall SIDBI Grade A/B Salary package.
• Telephone Expenses: Telephone expenses are reimbursed as part of the SIDBI Assistant Manager/Manager Salary package to ensure employees have seamless communication for professional and personal needs. This allowance covers monthly phone bills, enabling easy connectivity.
• Newspaper Allowance: SIDBI offers a newspaper allowance to keep employees informed and engaged with current affairs. This helps Assistant Managers stay updated on industry trends and developments, which can benefit their professional growth.
• Internet Allowance: Internet allowance supports SIDBI employees with internet expenses, enabling efficient remote work and constant connectivity. It enhances productivity and is a valuable addition to the SIDBI Grade A/B Salary, especially for those working in digitally-focused roles.
• Loans and Advances at Concessional Rates: SIDBI provides loans and advances to employees at reduced interest rates for housing, vehicles, and personal needs. This facility makes essential financial support accessible, adding long-term value to the SIDBI Assistant Manager/Manager Salary package.
• Education Expenses: SIDBI may cover or reimburse certain education expenses for employees’ children. This benefit alleviates the financial burden of education costs, underscoring SIDBI’s commitment to supporting employees’ family needs alongside the SIDBI Grade A/B Salary.
• Vehicle Maintenance Expenses: Vehicle maintenance expenses cover repairs, fuel, and general upkeep for employees’ vehicles. This allowance assists SIDBI Assistant Managers in maintaining their transportation, adding practical financial support to the SIDBI Assistant ManagerManager Salary.
• Book Grant Allowance: The book grant allowance provides SIDBI employees with funds to purchase books and study materials. It encourages continuous learning and development, further enriching the SIDBI Grade A/B Salary package for career growth and skill enhancement.
• Furniture Allowance: Furniture allowance enables SIDBI employees to purchase or maintain home furniture, promoting a comfortable living environment. This one-time or recurring benefit complements the SIDBI Assistant Manager Salary by addressing employees' personal and family needs. You will also be covered under the New Pension Scheme.

These benefits, combined with the SIDBI Grade A/B Salary, create a comprehensive and competitive package that ensures financial security, professional satisfaction, and work-life balance for Assistant Managers.

SIDBI Grade A/B Job Profile 

As a SIDBI Grade A or Grade B Officer, your role is important in supporting the Small Industries Development Bank of India (SIDBI) across diverse initiatives. Grade A (Assistant Manager) officers focus on managing day-to-day operations, assisting small businesses in strengthening financially, and thoroughly reviewing loan proposals. Grade B officers, with higher responsibilities, oversee teams, monitor policy implementation, and ensure smooth execution of large-scale projects.

Both roles involve assessing the financial viability of projects, analyzing market trends, and closely collaborating with clients to address their unique needs. Grade B officers also play a key part in policy formulation and strategic decision-making to enhance SIDBI’s impact.

Strong communication skills are essential at both levels, as you engage frequently with clients, colleagues, and stakeholders. These positions allow you to make a significant difference in empowering small businesses across India, reflecting the vital role of SIDBI Grade A and B officers in shaping the nation’s financial landscape.

SIDBI Grade A/B Promotional Structure 

As a SIDBI Grade A (Assistant Manager) or Grade B (Manager), your career path is designed to offer structured growth and recognition based on your qualifications, performance, and experience. Starting as an Assistant Manager (Grade A), you can advance to Manager (Grade B), followed by senior roles such as Assistant General Manager, Deputy General Manager, and General Manager.

With consistent performance and leadership, you may further progress to top executive positions like Chief General Manager, Deputy Managing Director, and eventually Managing Director or Chief Executive Officer.

For Grade B officers, the journey begins at a mid-management level, where you oversee teams and key projects. From here, you can move into senior leadership positions with broader responsibilities in policy-making and organizational strategy. At both levels, SIDBI emphasizes continuous learning, professional development, and exposure to diverse functional areas, equipping officers with the skills required for higher responsibilities.

This career trajectory reflects SIDBI’s commitment to nurturing talent and creating opportunities for its officers to contribute meaningfully to the growth of India’s MSME sector while achieving personal career fulfillment.

SIDBI Grade A/B Probation Period

Starting your career as a SIDBI Grade A Officer means a probationary period of 2 years, extendable to 4. During this time you will learn and grow in your banking role. You may also be asked to work in SIDBIy offices if needed. Think of it as a journey where you gain valuable experience. You have to be flexible and open to change, like an explorer. This testing period is your opportunity to build a strong career in banking and make a positive impact at SIDBI.