Small Industries Development Bank of India (SIDBI) Vacancy 02 Monitoring and Evaluation Experts Recruitment 2023

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.


Small Industries Development Bank of India (SIDBI) is a specialized financial institution that plays a pivotal role in promoting and supporting the growth of micro, small, and medium enterprises in India. Through its financial and non-financial initiatives, SIDBI aims to facilitate the development of a vibrant and robust MSME sector in the country.


Mode of Apply:-

Traditionally, the application process for various schemes and programs offered by SIDBI was primarily conducted through offline channels. This means that interested individuals or entities had to physically obtain the application forms from designated SIDBI branches or offices.


To apply offline, applicants typically needed to follow these steps:


1. Obtain the application form: Visit the nearest SIDBI branch or office to collect the relevant application form. These forms are usually available free of cost, and applicants may need to provide some basic information or documentation for identification purposes.


2. Fill out the application form: Complete the application form accurately and legibly, ensuring that all the required fields are appropriately filled in. Make sure to provide the necessary supporting documents as mentioned in the application form or guidelines.


3. Attach supporting documents: Gather the required supporting documents such as identification proof, address proof, business plan, financial statements, and any other documents specified by SIDBI for the particular scheme or program.


4. Submit the application: Once the application form is duly filled and supporting documents are attached, submit the application package to the designated SIDBI branch or office. Ensure that all the necessary documents are enclosed, and the application is signed by the applicant or authorized signatory.


5. Follow up: After submitting the application, it is advisable to keep track of the application status by maintaining regular communication with the SIDBI officials. They can provide updates and inform you about any additional requirements or steps that need to be completed.


Vacancy Details:-

SIDBI Vacancy Details: Monitoring and Evaluation Experts - 02


SIDBI periodically advertises job vacancies for various positions, including Monitoring and Evaluation Experts. Here is a description of the vacancy details for this particular position:


Position: Monitoring and Evaluation Experts

Number of Vacancies: 02


Responsibilities:

1. Conduct monitoring and evaluation activities for SIDBI's projects and initiatives.

2. Develop monitoring frameworks and tools to track project progress and outcomes.

3. Collect and analyze data to assess the effectiveness and impact of SIDBI's interventions.

4. Prepare reports on monitoring and evaluation findings and provide recommendations for improvement.

5. Collaborate with internal teams and external stakeholders to ensure effective monitoring and evaluation processes.

6. Stay updated with industry trends and best practices in monitoring and evaluation.


Qualifications and Experience:

1. Educational Qualification: The specific educational qualification required for the position of Monitoring and Evaluation Experts may vary. It is advisable to refer to the official job advertisement or SIDBI's website for the exact qualification details.

2. Experience: Candidates are typically required to have relevant work experience in the field of monitoring and evaluation, preferably in the financial or development sector. The required experience may vary based on the seniority of the position and the specific requirements mentioned in the job advertisement.


Application Process:

1. Application Submission: Interested candidates need to submit their applications as per the instructions provided in the job advertisement. The application submission process may involve filling an online application form or sending the application by post.

2. Document Submission: Along with the application form, candidates may be required to submit supporting documents such as educational certificates, experience certificates, curriculum vitae (CV), and any other documents specified in the job advertisement.

3. Screening and Selection: After the application submission deadline, SIDBI will screen the received applications and shortlist candidates based on the eligibility criteria and qualifications mentioned in the job advertisement. Shortlisted candidates will be invited for further selection rounds, which may include written tests, interviews, or other assessment methods.

4. Final Selection: The final selection of candidates for the Monitoring and Evaluation Experts position will be based on their performance in the selection rounds and the discretion of the selection committee.

5. Offer and Joining: Successful candidates will receive job offers from SIDBI, and upon acceptance, they will be provided with joining instructions, including the date, location, and other formalities to complete before joining the organization.


It's important to note that the vacancy details, application process, and eligibility criteria can change from one recruitment cycle to another. It is advisable to refer to the official job advertisement or SIDBI's website for the most accurate and up-to-date information regarding the specific vacancy of Monitoring and Evaluation Experts.


Education Info:-

Job finders interested in the specific position mentioned should have the following educational qualifications:


Bachelor's Degree in Engineering/Technology: Candidates should have completed a Bachelor's degree in Engineering or Technology from a well-recognized institute or board. The specific engineering or technology discipline required may vary depending on the job advertisement or the requirements of the position.


Good Academic Records: Candidates are expected to have maintained good academic records throughout their undergraduate studies. Good academic records typically imply a consistently high academic performance, such as a high GPA (Grade Point Average) or equivalent.


 Candidates are advised to refer to the official job advertisement or the organization's website for the most accurate and up-to-date information regarding the educational qualifications required for the desired job.


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 for the successfully appointed contenders in this recruitment is set at Rs. 1,50,000 - 2,00,000/-. This indicates the range of salary that the selected candidates can expect to receive from the recruiting organization.


The salary mentioned consists of two figures, the lower limit being Rs. 1,50,000 and the upper limit being Rs. 2,00,000. The actual salary offered to an individual within this range may depend on factors such as their qualifications, experience, job responsibilities, and the organization's salary structure.


It's important to note that the mentioned salary is in Indian Rupees (INR). The salary range provided suggests a competitive pay scale, and the exact salary within this range will be determined based on various factors as mentioned earlier.


It's advisable for candidates to refer to the official job notification or contact the recruiting organization for specific details regarding the salary structure, allowances, benefits, and any other relevant information related to the compensation package.



Postal Address:-

The postal address provided for sending the application is as follows:


General Manager,

Green Climate Finance Vertical,

12th floor, Atmaram House,

Tolstoy Marg,

New Delhi – 110001.


Applicants who wish to submit their application for the specified position should address their envelope with the above details and send it to this postal address.


It is important to ensure the accuracy of the address and include all the necessary details, such as the recipient's designation (General Manager), the specific department (Green Climate Finance Vertical), the floor number (12th floor), the building name (Atmaram House), and the complete postal address including the street name (Tolstoy Marg) and the city (New Delhi). The postal code provided is 110001.


By following these instructions, the applicants can ensure that their application reaches the intended recipient at the given address.


Important Date:-

The important date provided is as follows:


Last date to submit application form: 17-07-2023.


This date indicates the deadline by which applicants must submit their application forms for the specified opportunity. It signifies the final day on which applications will be accepted by the relevant authority or organization.


Applicants interested in applying for the opportunity should ensure that they complete and submit their application forms before the mentioned date, which is July 17, 2023. It is crucial to meet this deadline to ensure that the application is considered for further evaluation and potential selection.


To avoid any last-minute complications, it is advisable for applicants to submit their application forms well in advance of the deadline. This allows for sufficient time for any required documentation, verification, or delivery processes that may be involved.


Official Website :-

The official website of the Small Industries Development Bank of India (SIDBI) is www.sidbi.in.

The website serves as a digital platform for SIDBI to provide information, services, and resources to various stakeholders, including entrepreneurs, small business owners, financial institutions, and the general public. It serves as a comprehensive source of information about SIDBI's initiatives, programs, financial products, and services related to the development of micro, small, and medium enterprises (MSMEs) in India.

On the official website, visitors can access a range of information and resources, such as:

1. About SIDBI: Details about the bank's mission, objectives, history, and organizational structure.

2. Products and Services: Information about the various financial products and services offered by SIDBI to support MSMEs, including loans, credit facilities, refinancing schemes, and venture capital funding.

3. Development Initiatives: Updates and details about SIDBI's developmental initiatives aimed at promoting entrepreneurship, skill development, technology adoption, and capacity building among MSMEs.

4. Online Applications: Online application facilities for various loan schemes or financing options provided by SIDBI.

5. Publications and Reports: Access to reports, research papers, publications, and knowledge resources related to MSME development, entrepreneurship, and financial management.

6. News and Announcements: Latest news, press releases, and updates about SIDBI's activities, partnerships, and collaborations.

7. Contact Information: Contact details, including address, phone numbers, and email addresses, for reaching out to SIDBI's offices or departments for specific inquiries or assistance.

The official website serves as a reliable source of information for individuals and organizations seeking to understand and engage with SIDBI's initiatives and support mechanisms for the MSME sector in India.




FAQs:-

1. General Information:
- What is SIDBI and its role?
- How can SIDBI help small businesses?
- Who is eligible to apply for SIDBI's financial assistance?

2. Loan and Financing:
- What types of loans does SIDBI offer?
- What is the loan application process?
- What are the eligibility criteria for obtaining a loan?
- What is the interest rate charged by SIDBI?
- How can I check the status of my loan application?

3. Repayment and EMI:
- What are the repayment terms for SIDBI loans?
- How can I calculate my Equated Monthly Installments (EMIs)?
- Can I prepay my loan? Are there any charges for prepayment?

4. Collateral and Security:
- Do I need to provide collateral for a SIDBI loan?
- What are the acceptable forms of collateral?
- Are there any alternatives to collateral for obtaining a loan?

5. Online Services:
- How can I access my SIDBI loan account online?
- What services can I avail through SIDBI's online portal?
- How do I register for online services?

6. Contact and Support:
- How can I contact SIDBI for further assistance?
- Are there any regional offices or branches near my location?
- What are the contact details for specific departments or programs?


 
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