State Bank of India (SBI) has invited online applications from experienced professionals for 207 Specialist Cadre Officer vacancies in its Wealth Management and Premier Banking business. All seven roles are offered on contract, not as regular permanent officer posts.
Applications under advertisement CRPD/SCO/2026-27/23 are open from 4 September to 25 September 2026. Every post requires relevant post-qualification work experience, so this recruitment is not suitable for fresh graduates.
SBI SCO Recruitment 2026 Overview
| Particular | Officially verified detail |
|---|---|
| Organization | State Bank of India (SBI) |
| Department | Central Recruitment & Promotion Department, Corporate Centre, Mumbai |
| Recruitment | Specialist Cadre Officers for Wealth Management and Premier Banking |
| Advertisement number | CRPD/SCO/2026-27/23 |
| Vacancies | 207 |
| Engagement | Contract basis |
| Contract period | 5 years, renewable for another 4 years at SBI's discretion |
| Application period | 4–25 September 2026 |
| Selection | Shortlisting, interview and CTC negotiation |
| Official careers page | https://sbi.bank.in/web/careers/current-openings |
Vacancy Details
| Post | Vacancies |
|---|---|
| Zonal Head (Retail) | 1 |
| Regional Head | 5 |
| Relationship Manager – Team Lead | 24 |
| Investment Specialist | 9 |
| Investment Officer | 4 |
| VP Wealth | 91 |
| AVP Wealth | 73 |
| Total | 207 |
The total includes regular and backlog category positions. The published combined category count is 62 UR, 65 OBC, 30 SC, 39 ST and 11 EWS. Circle preferences apply to relevant posts, and a vacancy does not guarantee posting in the applicant's preferred location.
Important Dates
| Event | Date or status |
|---|---|
| Advertisement date | 4 September 2026 |
| Online registration starts | 4 September 2026 |
| Last date to apply and pay the fee | 25 September 2026 |
| Age, qualification and experience cut-off | 31 August 2026 |
| Shortlisting date | Not announced |
| Interview date | To be communicated to shortlisted candidates |
| Final result | Not announced |
Candidates should apply early and monitor their registered email plus SBI's Careers page. SBI may issue changes, clarifications or interview information only through official channels.
Application Fee
| Category | Fee |
|---|---|
| General / EWS / OBC | ₹750 |
| SC / ST / PwBD | No fee |
The fee is paid online through the application gateway. Once paid, it is not refundable or adjustable against another recruitment. Women do not receive a separate fee exemption unless they belong to an exempt category listed above.
Qualification and Experience
All experience is counted as on 31 August 2026 and must be supported by clear certificates. Teaching and training experience does not count toward the required professional experience.
| Post | Minimum qualification and relevant experience |
|---|---|
| Zonal Head (Retail) | Graduate from a recognized institution with 15 years' experience in wealth-management, retail-banking or AMC sales, including the required leadership exposure |
| Regional Head | Graduate with 12 years' relevant experience, including team or regional leadership experience specified by SBI |
| Relationship Manager – Team Lead | Graduate with 8 years' relevant experience in wealth-management, retail-banking or an AMC |
| Investment Specialist | Eligible PG degree / PG diploma in a listed finance-related field, or CA / CFA, with 6 years' relevant experience |
| Investment Officer | Eligible PG degree / PG diploma in a listed finance-related field, or CA / CFA, with 4 years' relevant experience |
| VP Wealth | Graduate with 6 years' relevant experience; preferred qualifications or certifications apply as stated in the advertisement |
| AVP Wealth | Graduate with 3 years' relevant experience; preferred qualifications or certifications apply as stated in the advertisement |
For Investment Specialist and Investment Officer, the accepted postgraduate fields include Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance and Actuarial Science. Applicants must read the official post-specific experience, certification and role requirements before paying.
Age Limit and Relaxation
Age is calculated on 31 August 2026.
| Post | Minimum age | Maximum age |
|---|---|---|
| Zonal Head (Retail) | 35 years | 50 years |
| Regional Head | 35 years | 50 years |
| Relationship Manager – Team Lead | 28 years | 42 years |
| Investment Specialist | 28 years | 42 years |
| Investment Officer | 28 years | 40 years |
| VP Wealth | 26 years | 42 years |
| AVP Wealth | 23 years | 35 years |
Any upper-age relaxation is available only where the official advertisement and applicable Government rules permit it. The public SBI listing does not show a separate numerical relaxation table, so no extra years have been assumed here. Candidates claiming relaxation must verify the full advertisement and provide the prescribed certificate.
Contract and Salary
The initial contract is 5 years and may be renewed for a further 4 years at SBI's discretion. These figures are annual CTC upper ranges, not guaranteed fixed salary or monthly in-hand pay.
| Post | Upper annual CTC range |
|---|---|
| Zonal Head (Retail) | Up to ₹97.00 lakh |
| Regional Head | Up to ₹66.40 lakh |
| Relationship Manager – Team Lead | Up to ₹51.80 lakh |
| Investment Specialist | Up to ₹44.50 lakh |
| Investment Officer | Up to ₹27.10 lakh |
| VP Wealth | Up to ₹44.70 lakh |
| AVP Wealth | Up to ₹30.20 lakh |
CTC is negotiated and may include fixed and performance-linked components. The offered package depends on the post, experience, current compensation and SBI's decision; an applicant should not treat the upper range as an assured offer.
Selection Process
- SBI screens applications against its shortlisting parameters.
- Shortlisted candidates attend one or more personal, telephonic or video interviews.
- The interview carries 100 marks; SBI decides the qualifying score.
- Candidates who qualify proceed to CTC negotiation where applicable.
- SBI prepares the merit list in descending order of interview marks; ties at the cut-off are ranked by age, older first.
- Original documents, background information and medical fitness are checked before engagement.
Merely meeting the minimum qualification and experience does not guarantee an interview. SBI can set shortlisting criteria and call an appropriate number of candidates.
Exam Pattern
There is no written or online examination in the notified selection process. Therefore, no question count, syllabus, duration or negative-marking scheme applies. Selection is based on shortlisting and an interview carrying 100 marks, followed by CTC negotiation and required checks.
Documents Required
- Recent photograph and scanned signature
- Detailed resume / curriculum vitae
- Government-issued identity proof
- Date-of-birth proof
- Educational marksheets and degree, diploma, CA or CFA certificates, as applicable
- Detailed experience certificates showing dates, designation, duties and relevant field
- Current employment and salary / CTC evidence requested by SBI
- SC, ST, OBC, EWS or PwBD certificate in the prescribed format, where applicable
- No Objection Certificate for candidates employed by government, a PSU, nationalized bank or SBI group company
- SBI biodata and CTC-negotiation forms where required
- Any other post-specific certification or supporting document listed in the advertisement
Upload clear, readable files in the exact formats and sizes shown on the portal. If an experience certificate does not establish the required field and duration, SBI may reject the application. A hard copy does not need to be sent unless SBI later instructs otherwise.
How to Apply Online
- Visit https://sbi.bank.in/web/careers/current-openings.
- Find Engagement of Specialist Cadre Officers on Contract Basis for Wealth Management & Premier Banking.
- Open advertisement CRPD/SCO/2026-27/23 and read the complete PDF.
- Choose Apply Online from the same official SBI listing.
- Register with an active personal email address and mobile number.
- Select the post and enter personal, education, employment and experience details exactly as supported by documents.
- Upload the photograph, signature, resume and all required qualification, experience and category files.
- Preview the form carefully before final submission.
- Pay ₹750 by 25 September if the portal shows that you are not exempt.
- Submit the form and save the application printout and e-receipt.
Use only the application link published on SBI's official Careers page. Do not pay an agent or send documents to an unofficial email or messaging account.
Official Links
Official SBI Careers current-openings page, advertisement and application link: https://sbi.bank.in/web/careers/current-openings
Official SBI Careers portal: https://sbi.bank.in/web/careers
Official SBI recruitment application domain: https://recruitment.sbi.bank.in/
The direct advertisement PDF address can change when SBI republishes its Careers assets. Use the advertisement link under CRPD/SCO/2026-27/23 on the official current-openings page to obtain the current document.
Frequently Asked Questions
How many SBI SCO vacancies are available?
The advertisement covers 207 vacancies across seven Wealth Management and Premier Banking roles.
What is the last date to apply?
Online registration and fee payment close on 25 September 2026.
Are these permanent SBI jobs?
No. These are contract positions, initially for five years, with possible renewal for another four years at SBI's discretion.
Can fresh graduates apply?
No. Every notified post requires at least 3 to 15 years of relevant post-qualification experience, depending on the role.
Is there a written examination?
No. SBI uses application shortlisting, an interview carrying 100 marks, and CTC negotiation.
What is the application fee?
General, EWS and OBC applicants pay ₹750. SC, ST and PwBD applicants are exempt.
What is the maximum offered CTC?
The highest published upper range is ₹97 lakh per year for Zonal Head (Retail). It is an upper negotiable CTC, not guaranteed take-home pay.
Can one person apply for more than one post?
Candidates should follow the application portal and advertisement rules for multiple applications and fees. Do not assume one form automatically covers every post.
Where can I download the official notification?
Open https://sbi.bank.in/web/careers/current-openings and select the English advertisement listed under CRPD/SCO/2026-27/23.
Official-Source Verification Disclaimer
This article was verified on 6 September 2026 against SBI's official Careers listing for CRPD/SCO/2026-27/23, its official advertisement entry and recruitment portal. The contract status, 207 vacancies, seven post names, application dates, fee, post-wise age limits, qualifications, experience, upper CTC ranges, selection method and official links were checked. There is no written exam, and the upper CTC figures are not guaranteed salaries. Applicants must read the current SBI advertisement and any corrigendum before applying because SBI's official records take precedence.