SIDBI Consultant Credit Analyst Recruitment 2026
Apply Online for 50 Contractual CCA Vacancies (Full Time)
1. Critical Recruitment Overview
The Small Industries Development Bank of India (SIDBI), the Principal Financial Institution for MSME promotion in India, has released Advertisement No. 03/2026-27. SIDBI is inviting applications for the engagement of Consultant Credit Analyst (CCA) on a full-time contractual basis.
A total of 50 vacancies are available. This recruitment drive is specifically targeted at Newly Qualified Chartered Accountants and is being organized through the ICAI Placement Directorate. Selected candidates will be posted at Head Office Verticals (Mumbai, Delhi, Lucknow) and various Branch Offices across India.
2. Important Dates & Timelines
Candidates must adhere to the schedule provided by the ICAI Placement Directorate. The crucial cut-off dates for eligibility are as follows:
| SIDBI CCA Recruitment Schedule 2026 | |
|---|---|
| Official Advertisement Date: | 20 July 2026 |
| Crucial Date for Age Calculation: | 30 June 2026 |
| Online Registration Window: | As per ICAI Placement Portal Schedule |
| Interview Dates: | To be notified via ICAI |
3. Category-Wise Vacancy Breakup
The 50 vacancies for Consultant Credit Analyst (CCA) (Post Code: 01) are distributed across categories as follows:
| Category | Number of Vacancies |
|---|---|
| Unreserved (UR) | 23 |
| Other Backward Classes (OBC) | 09 |
| Scheduled Caste (SC) | 08 |
| Scheduled Tribe (ST) | 06 (Includes 3 backlog vacancies) |
| Economically Weaker Section (EWS) | 04 |
| Total Vacancies | 50 |
Note on PwBD Reservation: Out of the 50 vacancies, 2 are horizontally reserved for Persons with Benchmark Disabilities (PwBD) - specifically 1 for VI (Visually Impaired) and 1 for ID/MD. Both are backlog vacancies.
4. Eligibility Criteria (Age, Qualification, Experience)
A. Educational Qualification
- Required Qualification: The candidate must be a Qualified Chartered Accountant (CA).
- Attempt Limit: The candidate should have cleared the CA Final exams in not more than two attempts. (This criteria may be relaxed for SC/ST/OBC/EWS/PwBD candidates, if required by the Bank).
B. Work Experience
- Experience Required: Nil. Fresh Chartered Accountants are eligible to apply.
C. Age Limit (As on 30.06.2026)
- Maximum Age: The candidate should not be more than 28 years old as on June 30, 2026.
| Category | Upper Age Relaxation |
|---|---|
| SC / ST Candidates | 5 Years |
| OBC Candidates | 3 Years |
| Persons with Benchmark Disabilities (PwBD) | 10 Years |
5. Remuneration & Contract Details
- Remuneration (CTC): Selected candidates will be offered a remuneration of ₹ 12.00 lakh per annum on a Cost to Company (CTC) basis. This is inclusive of fixed and variable components, plus other facilities like Group Insurance.
- Increments & Variable Pay: There will be a provision for an annual increment based on performance review. The salary also includes a suitable variable component of 10%, released subject to satisfactory performance.
- Contract Period: Initially for a period of three years (subject to interim review). Extendable up to a further two years at the sole discretion of the Bank. The contract can be terminated with 3 months' notice on either side.
6. Scope of Work & Job Profile
The CCA will be posted either at Branch Offices/Regional Offices (BOS/ROs) or Head Office Verticals.
At BOS/ROs:
- Business development and appraisal of MSME credit proposals.
- Handling sanctions, disbursements, and customer management.
- Credit monitoring & follow-up, and timely completion of review/renewals of accounts.
- Representing SIDBI on various fora and participating in Credit committees.
At Verticals (Mumbai, New Delhi, Lucknow):
- Handling operational work for respective Verticals such as Risk Management, Institutional Finance, Venture Finance, Direct Credit, NBFC, Digital Initiatives, Strategy, Audit, etc.
7. Selection Procedure & Interview Locations
The selection process is exclusively routed through the ICAI Placement Directorate.
- Selection Stages: The selection will involve Shortlisting, an online Psychometric Test (or other suitable tests to assess personality, communication, and problem-solving), followed by a Personal Interview.
- Interview Locations: Interviews will be tentatively held at Mumbai, New Delhi, Chennai, and Ahmedabad centers listed by ICAI.
- Merit List: The final merit list will be prepared in descending order based solely on the scores obtained in the interview. A waitlist may also be drawn.
- Tie-Breaking Rule: In case of a tie in interview marks, candidates will be ranked according to their age in descending order (older candidate ranked higher).
8. Step-by-Step Application Protocol
Important: Applications sent directly to SIDBI will NOT be entertained under any circumstances.
- ICAI Campus Placement: The selection is being organized by the ICAI Placement Directorate for Newly Qualified Chartered Accountants.
- Visit ICAI Portal: Interested candidates must visit the official ICAI Campus Placement website at https://icaiplacements.icai.org/#/.
- Registration: Follow the Indicative Guidelines and Procedure for Registration available on the ICAI portal to apply for the SIDBI CCA role.
- Interview Scheduling: Shortlisted candidates will be notified regarding the Psychometric Test and Interview schedule via the ICAI placement process.
9. Important Official Links
10. Frequently Asked Questions (FAQs)
This career brief is created strictly for guidance and informational purposes based on Advertisement No. 03/2026-27 issued by SIDBI. Applicants are strongly advised to verify all eligibility requirements, interview locations, and registration procedures directly on the official ICAI Placement portal (https://icaiplacements.icai.org/#/) before applying.
