SBI SCO Recruitment 2026: 207 Vacancies for Officers
SBI SCO Recruitment 2026 Overview
The State Bank of India (SBI) has released a recruitment notification for Specialist Cadre Officers (SCO) on a contract basis. This recruitment drive aims to fill 207 vacant positions across various posts within the bank's Wealth Management vertical. Applications are invited from eligible Indian citizens.
The engagement is on a contract basis for 5 years, with a possibility of renewal for another 4 years based on the bank's discretion. The recruitment is being conducted under Advertisement No. CRPD/SCO/2026-27/23.
| Recruiting Authority | State Bank of India, Central Recruitment & Promotion Department |
|---|---|
| Advertisement Number | CRPD/SCO/2026-27/23 |
| Total Vacancies | 207 |
| Nature of Engagement | Contract basis (5 years, renewable) |
| Application Mode | Online |
| Job Location | Pan-India, across 17 SBI Circles |
Job Highlights
SBI is looking to recruit Specialist Cadre Officers for roles such as Zonal Head (Retail), Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth. These positions are spread across 17 Circles nationwide.
The selection process involves shortlisting of applications, followed by an interview and negotiation of the Cost to Company (CTC).
Important Dates
Candidates should note the following important dates for the SBI SCO recruitment:
| Event | Date |
|---|---|
| Start of online registration and fee payment | Not specified in the official notification. |
| Last date for online registration and fee payment | Not specified in the official notification. |
Note: The official notification mentions that eligible candidates can apply online through a specific period, but the exact start and end dates are not provided in the source material. Please refer to the official notification for precise dates.
Vacancy Details
A total of 207 tentative vacancies have been announced for various Specialist Cadre Officer posts. The vacancies are distributed across different categories, including SC, ST, OBC, EWS, and UR. The exact number of vacancies for each post and category is detailed in the official notification.
The mentioned vacancies are indicative. SBI reserves the right to transfer selected officers to any of its offices, associates, subsidiaries, or other organizations.
Post Names:
- Zonal Head (Retail)
- Regional Head (RH)
- Relationship Manager–Team Lead
- Investment Specialist (IS)
- Investment Officer (IO)
- VP Wealth
- AVP Wealth
Horizontal PwBD reservations are also included within these totals for most posts.
Eligibility Criteria
Candidates must meet the post-specific educational qualification and experience criteria to be eligible for the SBI SCO recruitment. The criteria are to be reckoned as on a specific date, which is not specified in the provided source material.
Educational Qualification and ExperienceThe required educational qualifications and post-qualification experience vary for each post:
| Post | Educational Qualification (Mandatory) | Post-Qualification Experience (Mandatory) |
|---|---|---|
| Zonal Head (Retail) | Graduate from a Government-recognized University/Institution (MBA in Banking/Finance/Marketing and CFP/CFA/NISM certifications preferred) | Minimum 15 years in managing sales in Wealth Management/Retail Banking/AMCs, including at least 5 years leading a large team of Relationship Managers and Team Leads |
| Regional Head (RH) | Graduate (MBA and CFP/CFA/NISM certifications preferred) | Minimum 12+ years in relationship management, preferably in wealth management with leading banks/wealth firms/AMCs, including 5+ years leading a large team |
| Relationship Manager–Team Lead | Graduate (MBA and CFP/CFA/NISM certifications preferred) | Minimum 8 years in relationship management, preferably in wealth management; experience as a Team Lead preferred |
| Investment Specialist (IS) | PG Degree/Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, or Actuarial Science, or CA/CFA | Minimum 6 years of post-qualification experience as an investment advisor/counsellor/officer/product-team member in Wealth Management Firms/AMCs |
| Investment Officer (IO) | PG Degree/Diploma as above, or CA/CFA | Minimum 4 years of post-qualification experience as above |
| VP Wealth | Graduate (MBA and NISM V-A/XXI-A/CFP/CFA preferred) | Essential: 6 years in sales & marketing with leading banks/wealth firms/AMCs. Preferred: minimum 6 years as a Relationship Manager or similar role in wealth management |
| AVP Wealth | Graduate (PG in finance/marketing/banking preferred; NISM V-A/XXI-A/CFP/CFA preferred) | 3 years in sales & marketing with leading banks/wealth firms/AMCs, or 4 years as an SBI Wealth CRE. Preferred: minimum 3 years as a Relationship Manager or similar role in wealth management |
Teaching and training experience will not be counted. Experience of less than six months in any organization will not be considered.
Age Limit
The age limit for candidates applying for the SBI SCO posts is not specified in the provided source material. The notification mentions that the maximum age indicated is for Unreserved category candidates, and relaxation in the upper age limit is available for reserved category candidates as per government rules. Specific age details for each post are not provided.
Application Fee
The application fee details are as follows:
- ₹750 for UR/EWS/OBC candidates.
- Candidates belonging to SC/ST/PwBD categories are exempted from paying the application fee.
Salary / Pay Scale
The salary structure for the Specialist Cadre Officers is not specified in the official notification. However, the recruitment mentions "CTC negotiation" as part of the selection process, indicating that the compensation will be determined based on the candidate's profile and negotiation.
Selection Process
The selection of candidates for the Specialist Cadre Officer posts will be based on the following stages:
- Shortlisting: Applications will be shortlisted based on eligibility criteria, qualifications, and experience.
- Interview: Shortlisted candidates will be called for an interview.
- CTC Negotiation: The final selection will involve negotiation of the Cost to Company (CTC).
How to Apply
Interested and eligible candidates can apply online through the official SBI recruitment website. The application process involves registration, filling in personal and educational details, uploading necessary documents, and paying the application fee (if applicable).
Candidates applying for the Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth posts must indicate three different preferred Circles while applying. No changes to Circle preferences will be allowed later.
Documents Required
While the official notification does not list specific documents to be uploaded at the time of application, candidates are generally advised to keep the following ready:
- Scanned copy of their recent passport-size photograph.
- Scanned copy of their signature.
- Copies of educational qualification certificates and mark sheets.
- Copies of experience certificates.
- Category certificate (if applicable).
- Any other relevant supporting documents as per the detailed advertisement.
Candidates should carefully check the official notification for the exact list and specifications of required documents.
Important Instructions
- Candidates must ensure they meet all eligibility criteria before applying.
- Applications submitted through any other mode will not be accepted.
- Candidates should fill in the application form carefully and accurately.
- No request for change of details in the application form will be entertained after submission.
- Candidates are advised to keep a printout of the submitted application form for future reference.
- For the posts of Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth, candidates must choose three preferred Circles.
FAQs
- What is the total number of vacancies for SBI SCO Recruitment 2026?
- There are 207 tentative vacancies for Specialist Cadre Officers (SCO) posts.
- What is the last date to apply for SBI SCO posts?
- The last date for online registration and fee payment is not specified in the official notification provided.
- What is the application fee for SBI SCO posts?
- The application fee is ₹750 for UR/EWS/OBC candidates. SC/ST/PwBD candidates are exempted.
- What is the selection process for SBI SCO Recruitment 2026?
- The selection process includes shortlisting of applications, followed by an interview and CTC negotiation.
- Is there any age relaxation for reserved categories?
- Yes, relaxation in the upper age limit is available to reserved category candidates as per government rules, but specific age limits are not provided in the source material.
Important Links
Official Website → Click Here
Notification PDF → Click Here
Job Summary
| Board | SBI |
| State | All India |
| Qualification | Any Graduate, Any Post Graduate, MBA/PGDM, PG Diploma |
| Salary | 25-09-2026 |
| Apply Mode | Online |
| Last Date | 25 Sep 2026 |
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Note: While every effort is made to provide accurate and up-to-date information, candidates are strongly advised to verify all details, including eligibility criteria, important dates, application procedures, and official notifications, from the respective official government websites before applying.