Overview of SIDBI Consultant Credit Analyst Recruitment 2026
The Small Industries Development Bank of India (SIDBI) has officially announced a recruitment drive for 50 Consultant Credit Analyst (CCA) positions through its latest notification dated July 20, 2026. This initiative aims to engage qualified Chartered Accountants on a contractual, full-time basis. Interested candidates can apply via the ICAI Placement Directorate process, making this a significant opportunity for newly qualified professionals in the finance sector.
Key Highlights of SIDBI CCA Recruitment 2026
| Particulars | Details |
|---|---|
| Organization | Small Industries Development Bank of India (SIDBI) |
| Advertisement Number | 03/2026-27 |
| Position | Consultant Credit Analyst (CCA) |
| Post Code | 01 |
| Type of Engagement | Full-Time Contractual |
| Total Vacancies | 50 |
| Notification Date | July 20, 2026 |
| Application Mode | Through ICAI Placement Directorate (not directly to SIDBI) |
| Interview Locations | Mumbai / New Delhi / Chennai / Ahmedabad |
| Salary | ₹12.00 lakh per annum (CTC) |
Important Dates for SIDBI CCA Recruitment 2026
| Event | Date |
|---|---|
| Notification Release | July 20, 2026 |
| Application Start Date | July 20, 2026 |
| Application End Date | August 21, 2026 |
It’s essential for candidates to verify the specific registration schedule on the ICAI Placements portal, as the SIDBI notification does not provide separate timelines for application submission.
Vacancy Distribution for SIDBI CCA Recruitment 2026
SIDBI has outlined a total of 50 vacancies for the Consultant Credit Analyst post, with a categorized reservation breakdown categorized in the following manner:
| Post | Post Code | Total Vacancies | SC | ST | OBC | EWS | UR |
|---|---|---|---|---|---|---|---|
| Consultant Credit Analyst (CCA) | 01 | 50 | 8 | 6 | 9 | 4 | 23 |
PwBD (Persons with Benchmark Disabilities) Vacancy Breakdown
| Category | Vacancies |
|---|---|
| VI (Visually Impaired) | 2 (inclusive of 1 backlog vacancy) |
| HI (Hearing Impaired) | 1 |
| MD/ID (Multiple Disabilities / Intellectual Disability) | 1 (inclusive of 1 backlog vacancy) |
Please note that the ST category includes 3 backlog vacancies. Additionally, PwBD vacancies are horizontally distributed and included in the overall category counts.
Eligibility Criteria for SIDBI CCA Positions
Age Limit
Candidates should not exceed the age of 28 years as of June 30, 2026. The following age relaxations are applicable:
| Category | Age Relaxation |
|---|---|
| SC/ST | 5 years |
| OBC | 3 years |
| PwBD | 10 years |
Educational Qualification
A candidate must be a qualified Chartered Accountant. Furthermore, candidates should have passed the CA Final examination within a maximum of two attempts. This requirement might be relaxed for candidates from SC/ST/OBC/EWS/PwBD categories, if necessary.
Experience Requirement
No previous work experience is required for this position, making it accessible for fresh graduates entering the workforce.
Salary and Benefits
Selected individuals will receive a remuneration package of ₹12.00 lakh per annum calculated on a Cost to Company basis, which includes both fixed and variable components. Additional benefits such as Group Insurance will also be accessible. Moreover, candidates may receive an annual increment based on performance reviews. A variable component of 10% will depend on satisfactory performance as determined by the Bank.
Posting Locations
Successful candidates will be assigned to the Head Office Verticals located in Mumbai, Delhi, and Lucknow or to various Branch Offices of SIDBI, particularly in Tamil Nadu, Gujarat, Rajasthan, and the surrounding areas. SIDBI reserves the authority to either post or transfer contractual staff based on service needs, including assignments to associates, subsidiaries, or other organizations.
Contract Duration
The initial contract for the CCA role will be for a duration of 3 years with an option for extension for another up to 2 years at the Bank's discretion. Either party can terminate the contract with a notice period of 3 months or through the payment of equivalent salary/allowances.
Roles and Responsibilities of a Consultant Credit Analyst
The Consultant Credit Analyst will engage in various responsibilities, including but not limited to:
- Business development and evaluation of MSME credit applications, sanction processes, and customer management.
- Conducting credit monitoring and necessary follow-ups at both Branch and Regional Offices.
- Ensuring timely reviews and renewals of accounts and proposals.
- Representing SIDBI in several forums and participating as a member in credit committees.
- Involvement in operational tasks at the SIDBI Verticals, including Risk Management, Institutional Finance, and other strategic initiatives.
- Completing any additional assignments as directed by the Bank.
Selection Procedure for SIDBI CCA 2026
The selection process involves shortlisting candidates followed by a personal interview at specified locations including Mumbai, New Delhi, Chennai, and Ahmedabad. Additionally, an online Psychometric Test or other relevant assessments may be administered to evaluate candidates’ personality traits, communication abilities, problem-solving skills, and overall suitability for the role. The results of any Psychometric Test could be shared with the interview panel to provide further insights into the candidates. The SIDBI may also adjust the selection process as required.
A merit list will be prepared based solely on interview scores, and a waitlist may be created to address actual hiring needs. In the event of a tie in interview scores, candidates will be prioritized by age, giving preference to older applicants.
Required Documentation
While the notification does not specify a detailed list of required documents, candidates from reserved categories must present a certificate issued by a competent authority in accordance with Government of India guidelines when claiming reservation or relaxation. For detailed documentation requirements at the interview stage, candidates should refer to the instructions provided on the ICAI Placements portal.
Application Process for SIDBI CCA Recruitment 2026
Interested candidates should apply through the ICAI Placement Directorate process, specifically meant for newly qualified Chartered Accountants. Applications sent directly to SIDBI will not be accepted under any circumstances. Candidates are encouraged to visit the official ICAI Placements portal for detailed guidelines and registration procedures. Interviews are tentatively planned to be conducted in Mumbai, New Delhi, Chennai, and Ahmedabad.
Important Notices
Applicants must be citizens of India, and the number of vacancies is provisional. The designation may change at the discretion of SIDBI without prior notification. Appointment to the post is contingent upon candidates being declared medically fit by the Bank’s Medical Officer and satisfactory verification of character, background, and referee details. If any candidate is found to not meet eligibility criteria or has provided false information, their candidacy may be canceled even after appointment.
Decisions made by SIDBI regarding eligibility, shortlisting, interviews, and selections are final and binding, and no correspondence will be made in this regard. Canvassing in any form will result in disqualification. It’s important to note that PwBD candidates may not find employment opportunities in every office or department, and assignments will be determined as per the Bank’s decisions.
Useful Links
- Official Notification PDF
- Application Form for EWS
- Application Form for OBC
- Application Form for PwBD
- Application Form for SC/ST
- ICAI Placements Portal
- Official Website
Frequently Asked Questions (FAQs)
What is the total number of vacancies in SIDBI CCA Recruitment 2026?
There are 50 vacancies available for the Consultant Credit Analyst (CCA) role under Advertisement No. 03/2026-27.
What is the age limit for the SIDBI CCA post?
The maximum age limit for candidates is 28 years as of June 30, 2026. There are age relaxations: 5 years for SC/ST, 3 years for OBC, and 10 years for PwBD candidates.
What educational qualifications are needed for SIDBI CCA?
Candidates must hold a qualification as a Chartered Accountant and have cleared the CA Final examination in no more than two attempts. Relaxations apply for SC/ST/OBC/EWS/PwBD candidates if necessary.
What is the salary for the SIDBI Consultant Credit Analyst position?
Selected candidates will be compensated with ₹12.00 lakh per annum (CTC), which includes fixed and variable components, along with additional benefits like Group Insurance and performance-based increments.
Is work experience required for the SIDBI CCA recruitment?
No prior work experience is required for this position, as stated in the official notification.
How can I apply for SIDBI CCA Recruitment 2026?
Applications must be submitted through the ICAI Placement Directorate process meant for newly qualified Chartered Accountants; applications submitted directly to SIDBI will not be accepted.
What is the application fee for SIDBI CCA?
The official notification does not mention any application fee.