Overview
State Bank of India (SBI), India's largest public sector bank, has announced a recruitment drive for Specialist Cadre Officers (SCO) within its Wealth Management & Premier Banking Department. This initiative, under Advertisement No. CRPD/SCO/2026-27/25, aims to fill 6 contractual vacancies for experienced professionals. Selected candidates will be engaged for an initial term of five years, with potential for renewal. This presents a significant opportunity for banking professionals looking to contribute to SBI's specialized banking operations with attractive remuneration packages.
Important Dates
| Event | Date |
|---|---|
| Notification Release Date | 30.09.2026 |
| Online Application & Fee Payment Start Date | 30.09.2026 |
| Last Date for Online Application & Fee Payment | 21.10.2026 |
| Reference Date for Age, Qualification & Experience | 31.08.2026 |
| Interview Date | To be announced |
Vacancy Details
A total of 6 Specialist Cadre Officer positions are open for recruitment across the Wealth Management & Premier Banking Department. These vacancies are distributed among five distinct roles:
- Head Sales: 1 vacancy
- Central Research Team (Product Lead): 2 vacancies
- Manager (Business Process): 1 vacancy
- Project Development Manager (Technology): 1 vacancy
- Central Operations Team (COT) Support: 1 vacancy (including 1 horizontal reservation for Visually Impaired PwBD)
Candidates should note that the number of vacancies is provisional and may be adjusted based on the bank's operational requirements.
Eligibility Criteria
Applicants must be Indian citizens and fulfill the following criteria as of August 31, 2026:
Age Limit:
Candidates should generally be between 25 and 52 years of age. The exact age requirement varies by specific post, and candidates are advised to refer to the detailed official notification for post-wise age bands.
Educational Qualification:
The minimum educational requirements include degrees such as Any Graduate, B.Tech/B.E, CA, M.E/M.Tech, MBA/PGDM, PGDBM, or PGDM from recognized universities or institutions. Specific posts may also prefer or require qualifications like CFP/CFA/NISM certifications.
Experience:
Relevant post-qualification experience is mandatory for all posts, with specific durations and fields of experience outlined in the official notification. Experience less than six months in any organization will not be considered. Teaching and training experience will not count towards eligibility. Candidates working in SBI Group companies must furnish a No Objection Certificate (NOC) when applying. Certain conditions regarding previous non-joining or resignation from similar SBI engagements also apply, potentially debarring candidates for two years.
Selection Process
The selection methodology for SBI Specialist Cadre Officers involves a two-stage process:
- Shortlisting: Applications received will be rigorously screened based on candidates' qualifications, experience, and other eligibility parameters. Only those who meet the bank's stringent criteria will be shortlisted.
- Interview cum CTC Negotiation: Shortlisted candidates will be invited for an interview. This stage will also involve discussions and negotiations regarding the Cost To Company (CTC), which ranges from Rs. 37.20 lakhs to Rs. 199.00 lakhs annually, depending on the role and experience.
How to Apply
Interested and eligible candidates must apply online through the official career portal of State Bank of India. The application window is open from September 30, 2026, to October 21, 2026. Before proceeding with the application, it is highly recommended that candidates download and thoroughly read the official detailed notification PDF to understand all aspects of the recruitment, including specific eligibility for each post, application instructions, and any associated fees. Ensure all required documents are prepared and information is accurate before submitting the online form and making the fee payment.