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SBI Recruitment 2025: 996 Specialist Cadre Officers – Salary Up to ₹44.70 Lakh CTC!

Overview

State Bank of India (SBI), the nation’s largest public sector bank, has announced a golden opportunity for experienced banking professionals! With 996 Specialist Cadre Officer positions offering highly competitive packages up to ₹44.70 Lakhs CTC, this is your chance to join India’s most trusted bank in wealth management roles.


🏢 Quick Information

Detail Information
Organization State Bank of India (SBI)
Total Vacancies 996 Posts
Post Type Specialist Cadre Officers (Wealth Management)
Job Type Contract (5 Years, Renewable for 4 more years)
Application Mode Online Only
Official Website sbi.bank.in

📅 Important Dates

Event Date
Start of Online Application 2nd December 2025
Last Date to Apply Online 23rd December 2025
Result / Selection List Release To be notified on official website

Limited Time: Only 21 days to apply! Don’t miss this opportunity!


📍 Vacancy Details

Total Posts: 996

Post Name Vacancies CTC (Upper Range)
VP Wealth (SRM) – Senior Relationship Manager 506 ₹44.70 Lakhs
AVP Wealth (RM) – Relationship Manager 206 ₹30.20 Lakhs
Customer Relationship Executive 284 ₹6.20 Lakhs

📌 Job Locations:

Pan-India Posting – All states and union territories where SBI branches are operational, including:

  • Metro Cities: Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad
  • Tier 1 & 2 Cities: Pune, Ahmedabad, Jaipur, Lucknow, Chandigarh, Kochi, and more
  • State Capitals and Major Towns across India

🎓 Educational Qualifications

Basic Requirement for All Posts:

Essential:

  • Graduation from a Government recognized University or Institution
  • Indian Citizenship mandatory

Preferred Qualifications:

  • MBA in Banking / Finance / Marketing
  • Professional Certifications:
    • NISM V-A (Mutual Funds)
    • NISM XXI-A (Pension)
    • CFP (Certified Financial Planner)
    • CFA (Chartered Financial Analyst)

Post-Specific Requirements:

1. VP Wealth (Senior Relationship Manager)

  • Graduation + Relevant experience in wealth management
  • Proven track record in managing HNI/UHNI clients
  • Strong understanding of investment products

2. AVP Wealth (Relationship Manager)

  • Graduation + Experience in banking/financial services
  • Client relationship management skills
  • Knowledge of wealth products

3. Customer Relationship Executive

  • Graduation (Any discipline)
  • Good communication skills
  • Customer service orientation

🚫 Important Notes:

  • Only full-time regular courses are acceptable
  • Part-time/Correspondence/Distance learning NOT eligible
  • Teaching & Training experience will NOT be counted for eligibility
  • Candidates with adverse reports regarding character/antecedents are not eligible

💰 Salary Details (Per Month / Annual)

Detailed CTC Breakdown:

1. VP Wealth (SRM) – ₹44.70 Lakhs (Upper Range)

Component Amount
Fixed Pay ₹30.00 Lakhs
Allowances ₹1.16 Lakhs
Performance Linked Pay (PLP) 45% of Fixed (₹13.50 Lakhs)
Annual Increment 0-25%
Total CTC (Upper Range) ₹44.70 Lakhs
Approximate Monthly ₹3.72 Lakhs

2. AVP Wealth (RM) – ₹30.20 Lakhs (Upper Range)

Component Amount
Fixed Pay ₹20.00 Lakhs
Allowances ₹1.16 Lakhs
Performance Linked Pay (PLP) 45% of Fixed (₹9.00 Lakhs)
Annual Increment 0-25%
Total CTC (Upper Range) ₹30.20 Lakhs
Approximate Monthly ₹2.51 Lakhs

3. Customer Relationship Executive – ₹6.20 Lakhs (Upper Range)

Component Amount
Fixed Pay ₹4.00 Lakhs
Allowances ₹0.77 Lakhs
Performance Linked Pay (PLP) 35% of Fixed (₹1.40 Lakhs)
Annual Increment 0-25%
Total CTC (Upper Range) ₹6.20 Lakhs
Approximate Monthly ₹51,666

Additional Benefits:

  • Performance-based Incentives (up to 25% increment)
  • Medical Benefits as per SBI norms
  • Leave Benefits – Casual Leave, Privilege Leave
  • Contract Period: 5 years (Renewable for another 4 years)
  • Career Growth opportunities in India’s largest bank

🎯 Selection Process

No Written Examination! Selection is based on:

Step 1: Application Screening

  • Shortlisting based on eligibility criteria
  • Verification of qualifications and experience

Step 2: Personal / Telephonic / Video Interview

  • Interview Marks: 100 points
  • Assessment of:
    • Technical knowledge (Banking/Wealth management)
    • Communication skills
    • Client relationship management ability
    • Product knowledge
    • Sales acumen

Step 3: CTC Negotiation

  • Negotiation based on:
    • Candidate’s current CTC
    • Relevant experience
    • Skill set and expertise
    • Market standards

Step 4: Merit List Preparation

  • Final selection based on interview performance
  • Merit list prepared in descending order of marks
  • Category-wise reservation applicable

Step 5: Document Verification & Joining

  • Original documents verification
  • Medical fitness certificate
  • Offer letter issuance

⏳ Age Limit (As on 1st May 2025)

Post Name Minimum Age Maximum Age Age Bracket
VP Wealth (SRM) 26 years 42 years 26-42 years
AVP Wealth (RM) 23 years 35 years 23-35 years
Customer Relationship Executive 20 years 35 years 20-35 years

Age Relaxation:

As per Government of India guidelines for reserved categories:

  • SC/ST: 5 years
  • OBC (Non-Creamy Layer): 3 years
  • PwBD (General): 10 years
  • PwBD (OBC): 13 years
  • PwBD (SC/ST): 15 years
  • Ex-Servicemen: As per Government rules

📑 How to Apply

Step-by-Step Application Process:

STEP 1: Visit Official Website

STEP 2: Register Yourself

  • Click on “Apply Online” for Specialist Cadre Officers
  • Register with valid Email ID and Mobile Number
  • Create Login credentials (User ID & Password)
  • Note down Registration Number for future reference

STEP 3: Fill Application Form

  • Login with credentials
  • Fill all mandatory fields:
    • Personal Details
    • Educational Qualifications
    • Professional Experience
    • Current Employment Details
    • Preferred Location

STEP 4: Upload Documents

Upload the following scanned documents (Format: PDF/JPEG):

  1. Recent Passport Size Photograph (3.5 cm × 4.5 cm, white background)
  2. Signature (on white paper with black ink)
  3. Updated Resume/CV (PDF format)
  4. ID Proof (Aadhaar Card / PAN Card / Passport / Voter ID)
  5. Age Proof (10th Certificate / Birth Certificate)
  6. Category Certificate (SC/ST/OBC/EWS – if applicable)
  7. PwBD Certificate (if applicable)
  8. Educational Certificates (All degrees and marksheets)
  9. Experience Certificates from previous employers
  10. Salary Proof:
    • Latest 3 months’ salary slips
    • Form-16 / Offer Letter
    • Relieving Letter from previous employer
  11. NOC (No Objection Certificate) – if currently employed
  12. Professional Certifications (NISM/CFP/CFA – if any)
  13. Detailed Biodata

STEP 5: Pay Application Fee

Category Application Fee
General / OBC / EWS ₹750
SC / ST / PwBD NIL (No Fee)

Payment Mode:

  • Online payment through Net Banking / Debit Card / Credit Card / UPI
  • Keep payment receipt for future reference

STEP 6: Final Submission

  • Review all entered details carefully
  • Preview the application form
  • Submit the application
  • Take printout for future reference

STEP 7: Post-Submission

  • Note down Application Number
  • Check registered email regularly for updates
  • Keep checking official website for shortlist/interview dates

⚙️ Key Documents Required

📂 Mandatory Documents Checklist:

Identity & Age Proof:

  • Aadhaar Card (mandatory for identity verification)
  • PAN Card (mandatory)
  • 10th Certificate (for Date of Birth proof)
  • Passport size photographs (recent, colored)
  • Signature sample (on white paper)

Educational Certificates:

  • 10th Certificate & Marksheet
  • 12th Certificate & Marksheet
  • Graduation Degree Certificate
  • All Semester/Year Marksheets (showing aggregate percentage)
  • MBA/PGDM Certificates (if applicable)
  • Professional Certifications (NISM/CFP/CFA – if any)

Experience Documents:

  • Experience Certificates from all previous employers
  • Appointment Letters
  • Relieving Letters from previous organizations
  • Latest 3 months’ Salary Slips
  • Form-16 (Income Tax Document)
  • Current Offer Letter (if employed)

Category Certificates:

  • Caste Certificate (SC/ST/OBC-NCL – from Competent Authority)
  • EWS Certificate (if claiming EWS reservation – valid for current financial year)
  • PwBD Certificate (Disability Certificate from competent medical authority)

Other Documents:

  • NOC (No Objection Certificate) – if currently employed in Government/PSU
  • Updated Resume/CV in prescribed format
  • Detailed Biodata with all career details
  • Character Certificate (if required)
  • Medical Fitness Certificate (for final joining)

Document Specifications:

  • Photograph Size: 3.5 cm × 4.5 cm (white background, recent colored)
  • Signature Size: Within 3.5 cm × 1.5 cm box
  • File Format: PDF or JPEG only
  • File Size: As specified in the application form (typically 50KB-200KB)
  • Scan Quality: Clear and readable (minimum 200 DPI)

📘 Important Links

Resource Link
📝 Apply Online Click Here to Apply
📄 Official Notification PDF Download Notification
🌐 Official Website sbi.bank.in
💼 Careers Page SBI Careers Portal

💡 Important Instructions

⚠️ Critical Points to Remember:

  1. Application Window: Only 21 days from 2nd Dec to 23rd Dec 2025. Apply early!
  2. Contract Basis: These are contract positions for 5 years (renewable for another 4 years). Not permanent positions.
  3. Single Application: Candidates can apply for multiple posts if eligible, but must pay separate fees.
  4. Current Employment: If currently employed, obtain NOC before joining.
  5. Salary Negotiation: CTC is negotiable based on current salary and experience. Be prepared with salary slips.
  6. Interview Mode: May be conducted personally, telephonically, or via video conference.
  7. Teaching Experience: Will NOT be counted for eligibility. Only corporate/banking experience is valid.
  8. False Information: Providing false information or suppressing facts will lead to immediate disqualification.
  9. Medical Fitness: Selected candidates must be medically fit as per SBI standards.
  10. Location Preference: Mention preferred locations, but posting will be at SBI’s discretion.
  11. Email & Mobile: Provide active email and mobile number. All communications will be electronic.
  12. Document Verification: Keep all original certificates ready. Photocopies will not be accepted during verification.

🎯 Why Join SBI as Specialist Cadre Officer?

India’s Largest Bank – Work with the most trusted banking brand
Attractive Package – CTC up to ₹44.70 Lakhs per annum
Performance Incentives – Up to 25% annual increment
Wealth Management – Work with HNI/UHNI clients
Career Growth – Excellent learning and growth opportunities
Pan-India Presence – Posting opportunities across India
Job Security – 5+4 years contract with India’s most stable bank
Professional Development – Exposure to premium banking
Work-Life Balance – Better than most private banks
Brand Value – SBI brand adds immense value to your resume


❓ Frequently Asked Questions (FAQs)

Q1. Is there a written exam for this recruitment?
❌ No, there is no written examination. Selection is through interview only.

Q2. Can fresh graduates apply?
⚠️ While graduation is the minimum requirement, relevant work experience in banking/wealth management is preferred and gives an advantage.

Q3. What is the contract period?
📅 Initial contract: 5 years, renewable for another 4 years (Total: 9 years possible).

Q4. Will I become a permanent SBI employee?
❌ No, these are contract positions, not permanent employment.

Q5. Can I negotiate my CTC?
✅ Yes! CTC is negotiable based on your current salary, experience, and skill set.

Q6. Is the salary mentioned gross or net?
💰 The CTC mentioned is gross annual package including all components (fixed pay + allowances + PLP).

Q7. What is Performance Linked Pay (PLP)?
📊 PLP is a variable component based on your performance. It ranges from 35-45% of fixed pay with 0-25% increment potential.

Q8. Can I apply for multiple posts?
✅ Yes, you can apply for multiple posts if you meet the eligibility criteria for each.

Q9. Is there any bond after joining?
📋 As per the 5-year contract terms. Check the detailed notification for bond clauses.

Q10. What documents are needed for salary negotiation?
📄 Latest 3 months’ salary slips, Form-16, offer letter, and experience certificates showing your current CTC.


🚨 Don’t Miss This Golden Opportunity!

996 positions in India’s #1 Bank
Salary up to ₹44.70 Lakh CTC per annum
No written exam – Direct interview
Performance-based incentives up to 25%
Work with HNI clients in wealth management

⏰ Application Deadline: 23rd December 2025

👉 Apply Now Before It’s Too Late!


Disclaimer: This article is for informational purposes only. For complete and accurate information, please refer to the official notification on sbi.bank.in. FreeJobAlert.com is not responsible for any errors or changes in the official notification.


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