SIDBI Mumbai Deputy Chief Technology Officer Recruitment 2026 – Apply by Email for 1 Post

Vacancies: 1 · Posts: 1 · Type: Contractual · Mode: Email · Fee: Nil · Apply: By 08 September 2026 · Remuneration: Up to ₹70 lakh CTC p.a. · Selection: Shortlisting + Online Interview · Location: Mumbai

SIDBI has opened a senior technology leadership role that few development financial institutions advertise this year. With one Deputy Chief Technology Officer post on a full-time contract in Mumbai, the Small Industries Development Bank of India is looking for a seasoned IT professional who can own enterprise infrastructure, networking and cybersecurity under the CTO.

Applications are accepted only by email till 08 September 2026. Candidates need a Bachelor’s degree in Engineering from a premium institute and at least 20 years of post-qualification IT experience, including substantial time in regulated financial-sector organisations or large technology firms serving BFSI.

The maximum CTC is around ₹70 lakh per annum plus group insurance and a variable component. The initial contract runs for three years and can be extended by up to two more years at the Bank’s discretion.

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Who Should Apply?

Engineering graduates from premium institutes with deep BFSI technology leadership experience → Deputy Chief Technology Officer (Dy CTO) – 1 post

• Minimum 20 years post-qualification IT experience
• At least 12 of those years in banks, NBFCs, insurance companies or large tech organisations serving the BFSI sector
• Minimum 10 years managing enterprise infrastructure, networking and cyber security
• Minimum 8 years across Data Centre, Disaster Recovery, Cloud Infrastructure and Enterprise Network Management
• Minimum 5 years at senior management level leading large-scale infrastructure, network transformation and cyber security programmes

Preferred background: Zero Trust architecture, SASE/SD-WAN, IAM/PAM, SOC leadership, cloud security (public/private/hybrid), RBI cyber security framework compliance, and certifications such as CISSP, CISM, CCIE Security, CCSP or TOGAF.

Who Cannot Apply

• Candidates above 52 years as on 31 July 2026 (including all relaxations)
• Those without a Bachelor’s degree in Engineering from a premium institute
• Applicants with less than the mandatory experience thresholds listed above
• Non-Indian citizens

PwBD (Visually Impaired) candidates may apply under the horizontal reservation.

Important Dates

Quick Overview – SIDBI Dy CTO 2026

• Organisation: Small Industries Development Bank of India (SIDBI)
• Sector: Development Banking / MSME Finance
• Advertisement No.: 05/2026-27
• Post: Deputy Chief Technology Officer (Dy CTO)
• Total Vacancies: 1 (UR) with horizontal PwBD (VI)
• Job Type: Full-time Contractual
• Place of Posting: Mumbai
• Contract Tenure: 3 years (extendable by up to 2 years)
• Remuneration: Maximum CTC around ₹70 lakh per annum + Group Insurance + variable component
• Age Limit: Maximum 52 years as on 31 July 2026
• Application Mode: Email only
• Official Website: SIDBI Careers page
• Apply by Email: Send application to recruitment@sidbi.in
• Notification PDF: Download SIDBI Dy CTO Recruitment 2026 PDF

What Posts Are Available? – SIDBI Vacancy & Eligibility 2026

SIDBI has released only one senior specialist post under this advertisement. The role reports directly to the Chief Technology Officer and carries responsibility for the technology roadmap, enterprise architecture, infrastructure modernisation, networking and end-to-end cyber security.

Interpretation note: This is a single, high-responsibility leadership vacancy. The horizontal PwBD (Visually Impaired) reservation is included within the parent category. Candidates with strong Zero Trust, cloud security and RBI compliance experience stand a better chance of shortlisting.

Eligibility – Education, Age & Experience

Educational Qualification: Bachelor’s degree in Engineering from a Premium Institute. MBA will be an added advantage.

Experience (mandatory)

• Minimum 20 years post-qualification experience in Information Technology
• Out of the above, minimum 12 years in a regulated financial sector organisation (Banks, Financial Institutions, NBFCs, Insurance Companies) or large technology organisations serving the BFSI sector
• Minimum 10 years managing enterprise infrastructure, networking and cyber security functions
• Minimum 8 years in Data Centre, Disaster Recovery, Cloud Infrastructure and Enterprise Network Management
• Minimum 5 years at senior management level leading large-scale IT Infrastructure, Network Transformation and Cyber Security programmes

Desired technical exposure includes Zero Trust Architecture, Micro-Segmentation, SASE/SD-WAN, IAM/PAM, SOC operations, cloud security posture management, vulnerability management, ransomware preparedness and regulatory compliance (RBI Cyber Security Framework, CERT-In, DPDP Act).

What Is the Age Limit?

Maximum age: 52 years as on 31 July 2026.

Examples: ✅ A 51-year-old UR candidate born on 01 August 1975 — eligible (within the 52-year limit as on 31 July 2026). ❌ A 53-year-old UR candidate born on 01 July 1973 — not eligible (exceeds maximum age by 1 year).

Use our Age Eligibility Calculator to check instantly.

What Is the Remuneration? – SIDBI Dy CTO 2026

Maximum Cost to Company (CTC) remuneration is around ₹70 lakh per annum. The exact offer is fixed on the basis of the candidate’s qualification, experience and overall suitability.

Additional components:

• Group Insurance and other facilities
• Provision for annual increment on the finalised CTC (performance-linked)
• Suitable variable component

The figure is CTC, not pure fixed pay. Actual take-home will depend on the fixed-versus-variable split, tax deductions and any other statutory contributions applicable under the contract.

Use our Income Tax Calculator for an indicative estimate of tax liability on this CTC band.

What Is the Application Fee?

No application fee is prescribed for any category.

How to Apply by Email?

Applications are accepted only by email. No online portal or offline postal mode is available.

1. Download the prescribed application format from the SIDBI website (or use the format given in the notification).
2. Fill the form in English or Hindi. Paste a recent passport-size photograph and sign across it with the date.
3. Prepare a detailed Curriculum Vitae.
4. Attach self-attested copies of identity, address, age, educational certificates/mark sheets and experience certificates.
5. The subject line of the email must be exactly: Application for the post of 01 Deputy Chief Technology Officer (Dy CTO) [Your Full Name]
6. Send the complete set to recruitment@sidbi.in on or before 08 September 2026.
7. Keep a copy of the sent email and all attachments for your records.

Handwritten applications or CVs will be summarily rejected. Incomplete applications or those received after the deadline will not be entertained.

Common Mistakes to Avoid

• Using a generic subject line instead of the exact format prescribed above.
• Sending a handwritten CV or application form.
• Forgetting to paste the photograph and sign across it with the date.
• Submitting without self-attested experience certificates that specifically mention the required domains (enterprise infrastructure, networking, cyber security).
• Applying after 08 September 2026 or from a non-working email address that cannot receive interview communication.

SIDBI मुंबई उप मुख्य प्रौद्योगिकी अधिकारी भर्ती 2026 – 1 पद के लिए ईमेल से आवेदन

सिडबी ने मुंबई में डिप्टी चीफ टेक्नोलॉजी ऑफिसर (Dy CTO) के एक वरिष्ठ संविदा पद की भर्ती जारी की है। अंतिम तिथि 08 सितंबर 2026 है। प्रीमियम संस्थान से इंजीनियरिंग डिग्री और कम से कम 20 वर्ष का आईटी अनुभव अनिवार्य है।

कौन आवेदन कर सकता है? प्रीमियम इंस्टीट्यूट से बी.ई./बी.टेक डिग्रीधारी उम्मीदवार जिनके पास बैंक, एनबीएफसी या बीएफएसआई सेक्टर में न्यूनतम 12 वर्ष का अनुभव हो। एंटरप्राइज इंफ्रास्ट्रक्चर, नेटवर्किंग और साइबर सिक्योरिटी में वरिष्ठ नेतृत्व का अनुभव जरूरी है। अधिकतम आयु 31 जुलाई 2026 को 52 वर्ष है।

वेतन और चयन प्रक्रिया क्या है? अधिकतम सीटीसी लगभग ₹70 लाख प्रति वर्ष प्लस ग्रुप इंश्योरेंस और वेरिएबल कंपोनेंट। चयन शॉर्टलिस्टिंग और ऑनलाइन व्यक्तिगत साक्षात्कार के आधार पर होगा। अनुबंध शुरू में तीन वर्ष का है, जो बैंक के विवेक से दो वर्ष तक बढ़ाया जा सकता है।

आवेदन कैसे करें? आवेदन केवल ईमेल से भेजें। निर्धारित फॉर्मेट में भरा आवेदन, फोटो, सीवी और स्वप्रमाणित दस्तावेज recruitment@sidbi.in पर 08 सितंबर 2026 तक भेजें। विषय पंक्ति में पद कोड और नाम स्पष्ट रूप से लिखें। हस्तलिखित आवेदन स्वीकार नहीं होंगे। विस्तृत जानकारी sidbi.in पर उपलब्ध है।

How Are Candidates Selected?

Selection is a two-stage process:

1. Shortlisting of applications on the basis of eligibility, experience and suitability. Merely meeting the minimum criteria does not guarantee an interview call. The Bank reserves the right to raise the eligibility bar if applications are large in number.
2. Online Personal Interview before the Selection Committee on a date to be informed later.

Merit list will be prepared solely based on interview scores. In case of a tie at the cut-off, the older candidate will be ranked higher. SIDBI may also maintain a wait list.

No written examination is conducted for this post.

Why Does SIDBI Mumbai Matter?

Small Industries Development Bank of India was established on 2 April 1990 under an Act of Parliament. It is the Principal Financial Institution for the promotion, financing and development of the Micro, Small and Medium Enterprise (MSME) sector in India.

SIDBI works under the overall framework of the Government of India and focuses on facilitating access to capital and building the capacity of MSMEs so they can integrate into Indian and global value chains. The Bank places strong emphasis on people, processes and technology to deliver operational excellence.

Why candidates search for SIDBI roles: Senior technology professionals look at SIDBI because it sits at the intersection of development banking and digital transformation of the MSME ecosystem. The Mumbai posting offers exposure to regulated financial-sector technology governance, RBI compliance and large-scale infrastructure programmes.

One downside: this is a pure contractual engagement. There is no automatic conversion to permanent service, and the contract can be terminated with three months’ notice on either side.

The SahisarkariJobs.in Analyst’s Take

Compared with similar senior technology roles advertised by SBI, Bank of Baroda or other public-sector banks for Deputy CTO or Enterprise Architecture positions, SIDBI’s requirement is narrower and more experience-heavy. The 20-year bar plus mandatory regulated-sector exposure makes the applicant pool smaller than a typical bank SO, or PSU IT leadership drive.

Best fit: Senior technology leaders currently working in banks, NBFCs or large BFSI technology vendors who already own infrastructure, networking and cyber security verticals and want a three-to-five-year high-impact contractual stint in a development finance institution.

Who should skip: Candidates with pure product or application-development backgrounds, those below the 20-year threshold, or professionals seeking permanent absorption and pension benefits. This is not an entry or mid-career lateral move.

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Practical tip: Highlight quantifiable outcomes of Zero Trust, SD-WAN or ransomware-preparedness programmes you have led. The shortlisting will almost certainly prioritise evidence of regulatory compliance and large-scale transformation delivery over generic IT experience.

What Documents Are Required?

• Duly filled application form in the prescribed format (English or Hindi)
• Recent passport-size photograph pasted and signed across
• Detailed Curriculum Vitae
• Self-attested proof of identity, address and age
• Educational certificates and mark sheets
• Experience certificates clearly mentioning domains and duration
• Any professional certifications claimed (CISSP, CISM, etc.)
• Category / PwBD certificate if claiming reservation or relaxation

Government / PSU employees must produce a No Objection Certificate at the time of interview.

What Happens After Selection?

1. Shortlisted candidates receive interview intimation only by email or through the SIDBI website.
2. Online interview is conducted before the Selection Committee.
3. Merit list is prepared on interview scores; a wait list may be maintained.
4. Selected candidate undergoes medical fitness examination by the Bank’s Medical Officer.
5. Character and antecedent verification, previous employer references and other pre-recruitment formalities are completed.
6. Offer of engagement is issued on contractual terms (initially three years). The candidate must produce a discharge certificate from the current employer at the time of joining.
7. The contract is subject to interim review and may be extended by up to two years at the sole discretion of the Bank. Either party can terminate with three months’ notice or salary in lieu.

Contact & Helpline

Email for applications and queries: recruitment@sidbi.in

Official website: https://www.sidbi.in

Postal address (for general correspondence, not applications): Small Industries Development Bank of India, SIDBI Tower, 15, Ashok Marg, Lucknow – 226001

⚠️ Contact details sourced from the official notification/website. Verify before contacting. NEVER pay any money over the phone or to any person claiming to offer job assistance. Report fraud to cybercrime.gov.in.

Important Links – SIDBI Dy CTO 2026

FAQs – SIDBI Dy CTO Recruitment 2026

Q1: What is the last date to apply for SIDBI Dy CTO 2026?

A: 08 September 2026. Late applications are not accepted. No extension has been announced as of 19 August 2026.

Q2: What is the age limit for SIDBI Dy CTO?

A: Maximum 52 years as of 31 July 2026 for the Unreserved category. OBC gets 3 years, SC/ST 5 years, and PwBD 10 years of relaxation.

Q3: Is there an exam for SIDBI Dy CTO, or is it interview-based?

A: No written exam. Selection is through shortlisting of applications followed by an online personal interview before the Selection Committee.

Q4: What is the salary of SIDBI Dy CTO?

A: Maximum CTC is around ₹70 lakh per annum plus group insurance and a performance-linked variable component. Exact offer depends on experience and suitability.

Q5: Can final-year students or result-awaited candidates apply for SIDBI 2026?

A: No. Candidates must already possess the Bachelor’s degree in Engineering from a premium institute and the full required years of experience.

Q6: Is SIDBI Dy CTO a permanent government job?

A: No. It is a full-time contractual engagement for an initial period of three years, extendable by up to two more years at the Bank’s discretion.

Q7: Can candidates from other states apply for SIDBI recruitment?

A: Yes. This is an all-India contractual post. Indian citizenship is required; no state domicile restriction is mentioned.

Q8: Where will I be posted if I get selected for SIDBI Dy CTO?

A: Mumbai. The notification clearly states the place of posting as Mumbai.

Q9: Is there any application fee for SIDBI Dy CTO?

A: No. The notification does not prescribe any application fee for any category.

Q10: What is the contract duration and notice period?

A: Initial contract of three years with interim review. Extendable by up to two years. Either side can terminate with three months’ notice or salary in lieu.

Q11: What are the disadvantages of this SIDBI contractual role?

A: Here’s the catch — there is no automatic absorption into permanent service and no pension. The contract can be ended with three months’ notice, so long-term job security is limited compared with regular bank officer posts.

Q12: How much do senior technology officers earn in development financial institutions?

A: CTC packages in the ₹60–80 lakh range are common for Deputy CTO or equivalent roles in DFIs and large public-sector banks, depending on experience and negotiation.

Q13: Is experience in private IT companies accepted for SIDBI Dy CTO?

A: Only if the company is a large technology organisation serving the BFSI sector. Pure product or non-BFSI IT experience does not fully meet the 12-year regulated-sector requirement.

Final Checklist – Is This the Right Job for You?

• You are 52 years or below as of 31 July 2026 (after applicable relaxation).
• You hold a Bachelor’s degree in Engineering from a premium institute.
• You have 20+ years of post-qualification IT experience with the mandatory domain split.
• You are comfortable with a pure contractual engagement (no permanent absorption).
• You can submit a complete email application with the exact subject line by 08 September 2026.
• You are willing to work in Mumbai on a three-to-five-year contract.

📄 Source: Official notification released by SIDBI on 19 August 2026. All details sourced from the SIDBI official notification PDF.