Overview
State Bank of India (SBI), India’s largest public sector bank, invites applications for 996 Specialist Cadre Officer positions in Wealth Management across India. This is an excellent opportunity for experienced professionals in banking and finance.
Organization: State Bank of India (SBI)
Total Vacancies: 996 Posts
Post Type: Banking – Public Sector
Job Type: Contractual (5 Years, Renewable for 4 more years)
Application Mode: Online only
Official Website: sbi.bank.in
📅 Important Dates
| Event | Date |
|---|---|
| Online Application Start | 02/12/2025 |
| Last Date to Apply Online | 23/12/2025 |
| Interview Date | To be notified |
📍 Vacancy Details
| Post Name | Vacancies | Age Limit | CTC (Upper Range) |
|---|---|---|---|
| VP Wealth (Senior Relationship Manager) | 506 | 26-42 years | ₹44.70 Lakhs |
| AVP Wealth (Relationship Manager) | 206 | 23-35 years | ₹30.20 Lakhs |
| Customer Relationship Executive | 284 | 20-35 years | ₹6.20 Lakhs |
| Total | 996 |
Contract Period: Initial 5 years (Renewable for another 4 years based on performance)
🎓 Educational Qualifications
Minimum Qualification (All Posts):
- Graduation from Government recognized University or Institution
Preferred Qualifications:
- MBA in Banking/Finance/Marketing
- Professional certifications: NISM V-A, XXI-A, CFP, CFA
Additional Requirements:
- Indian Citizens only
- Good character and clean antecedents
- No adverse reports on moral turpitude
- Teaching and training experience will NOT be counted
Disqualifications:
- False information or suppression of facts
- Adverse character reports
- Candidates with questionable integrity
💰 Salary Details (per month)
VP Wealth (Senior Relationship Manager)
CTC Upper Range: ₹44.70 Lakhs per annum
- Fixed Pay: ₹30 Lakhs
- Allowances: ₹1.16 Lakhs
- Performance Linked Pay (PLP): 45% of Fixed Pay
- Annual Increment: 0-25%
AVP Wealth (Relationship Manager)
CTC Upper Range: ₹30.20 Lakhs per annum
- Fixed Pay: ₹20 Lakhs
- Allowances: ₹1.16 Lakhs
- Performance Linked Pay (PLP): 45% of Fixed Pay
- Annual Increment: 0-25%
Customer Relationship Executive
CTC Upper Range: ₹6.20 Lakhs per annum
- Fixed Pay: ₹4 Lakhs
- Allowances: ₹0.77 Lakhs
- Performance Linked Pay (PLP): 35% of Fixed Pay
- Annual Increment: 0-25%
Note: CTC includes fixed pay, allowances, PLP, and increments. Actual CTC will be negotiated during interview.
🎯 Selection Process
The selection process consists of three main stages:
Stage 1: Application Shortlisting
- Candidates will be shortlisted based on application details
- Educational qualifications and experience will be evaluated
- Only shortlisted candidates will be called for interview
Stage 2: Interview (100 Marks)
- Personal interview OR
- Telephonic interview OR
- Video interview (as decided by SBI)
- Assessment of technical knowledge and soft skills
- Communication skills evaluation
Stage 3: CTC Negotiation
- Salary negotiation based on experience and qualifications
- Final offer within the prescribed CTC range
Merit List:
- Based on interview performance (out of 100 marks)
- Category-wise merit list will be prepared
- Final selection subject to document verification
⏳ Age Limit
Age as on 01/05/2025:
| Post | Minimum Age | Maximum Age |
|---|---|---|
| VP Wealth (SRM) | 26 years | 42 years |
| AVP Wealth (RM) | 23 years | 35 years |
| Customer Relationship Executive | 20 years | 35 years |
Age Relaxation:
- As per Government of India guidelines for reserved categories
- SC/ST/OBC/EWS/PwBD: Age relaxation applicable
- Ex-Servicemen: As per Government norms
💳 Application Fee
| Category | Fee Amount |
|---|---|
| General/OBC/EWS | ₹750 |
| SC/ST/PwBD | Nil (No Fee) |
Payment Mode: Online only (Debit Card/Credit Card/Net Banking/UPI)
📑 How to Apply
Follow these simple steps to apply:
Step 1: Visit Official Website
- Go to https://bank.sbi/web/careers/current-openings
- Or visit recruitment.sbi.bank.in
Step 2: Registration
- Click on “Apply Online” for SCO Recruitment 2025
- Register with valid email ID and mobile number
- Create a password for future login
Step 3: Fill Application Form
- Login with registered credentials
- Fill personal details carefully
- Enter educational qualifications
- Provide work experience details
- Mention current/expected CTC
Step 4: Upload Documents
- Recent photograph (passport size, colored)
- Signature (on white paper with black/blue ink)
- Updated resume/CV
- Identity proof (Aadhaar/PAN/Voter ID)
- Age proof (Birth certificate/10th certificate)
- Caste certificate (if applicable)
- PwBD certificate (if applicable)
- All educational certificates
- Experience certificates
- Form-16/Latest salary slip/Offer letter
- NOC from current employer (if applicable)
- Biodata
Step 5: Pay Application Fee
- Pay ₹750 for General/OBC/EWS (Nil for SC/ST/PwBD)
- Payment through online mode only
- Keep payment receipt for future reference
Step 6: Submit Application
- Review all entered information
- Verify uploaded documents
- Submit the application
- Take printout of submitted application
Step 7: Keep Safe
- Save application number
- Print acknowledgement receipt
- Keep all documents ready for interview
⚙️ Key Documents Required
Essential Documents for Upload:
- Photograph & Signature:
- Recent colored passport-size photograph
- Signature on white paper with black/blue ink
- Both in JPG/JPEG format
- Identity Proof:
- Aadhaar Card
- PAN Card
- Voter ID
- Passport (any one)
- Age Proof:
- Birth Certificate
- 10th/SSC Certificate
- Transfer Certificate
- Educational Certificates:
- All degree certificates (10th, 12th, Graduation, Post-graduation)
- All mark sheets/transcripts
- MBA/Professional course certificates (if applicable)
- NISM/CFP/CFA certificates (if applicable)
- Experience Certificates:
- Relieving letters from previous employers
- Experience/Service certificates
- Form-16 from current/previous employer
- Latest salary slip (last 3 months)
- Current offer letter
- Category Certificates (if applicable):
- SC/ST Certificate (in prescribed format)
- OBC-NCL Certificate (issued within 1 year)
- EWS Certificate (valid)
- PwBD Certificate with percentage of disability
- Other Documents:
- Updated resume/CV in PDF format
- NOC from current employer (mandatory if currently employed)
- Biodata
- Bank account details
Document Format:
- File size: Maximum 1 MB per document
- Format: JPG/JPEG for photos, PDF for certificates
- Clear and readable scans
📘 Important Links
| Description | Link |
|---|---|
| Apply Online | Click Here |
| Official Notification | Click Here |
| Official Website | www.sbi.bank.in |
| Careers Page | bank.sbi/web/careers |
💡 Important Instructions
Before Applying:
- Read the complete official notification carefully
- Ensure you meet all eligibility criteria
- Keep all documents ready in scanned format
- Have a valid email ID and mobile number
- Photograph should be recent (within 3 months)
General Guidelines:
- Application fee once paid is non-refundable
- Multiple applications are allowed if eligible for multiple posts
- Providing false information will lead to disqualification
- NOC mandatory for candidates currently employed
- Teaching/training experience will NOT be counted
- Interview mode (personal/telephonic/video) at SBI’s discretion
- Final selection subject to document verification
Selection Related:
- Only shortlisted candidates will be called for interview
- No separate intimation for non-selection
- Interview call letter will be sent via email/SMS
- Bring all original documents for verification
- CTC will be negotiated during interview
Contract Terms:
- Initial contract: 5 years
- Renewable for another 4 years based on performance
- Performance Linked Pay (PLP) based on achievements
- Annual increment: 0-25% based on appraisal
Important Notes:
- Bank reserves right to cancel/modify recruitment at any stage
- No queries regarding selection process will be entertained
- Decision of SBI will be final and binding
- Posting location will be decided by the Bank
- Candidates may be posted anywhere in India
❓ Frequently Asked Questions
Q1. Can I apply for multiple posts? Yes, if you fulfill the eligibility criteria for each post, you can apply separately.
Q2. Is work experience mandatory? The notification doesn’t specify mandatory experience years, but candidates with relevant banking/finance experience will be preferred.
Q3. What is the job duration? Initial contract of 5 years, renewable for another 4 years (total 9 years possible).
Q4. Will I get benefits like regular SBI employees? This is a contractual position with CTC-based compensation. Regular employee benefits may not apply.
Q5. Is this a permanent job? No, this is a contractual position for 5 years (renewable for 4 more years).
Q6. Can freshers apply? While minimum age is specified (20-26 years depending on post), the bank prefers candidates with banking/finance experience.
Q7. Will there be a written exam? No written exam. Selection is through application shortlisting and interview only.
Q8. Is NOC mandatory? Yes, NOC from current employer is mandatory if you are currently employed.
Q9. How will the CTC be decided? CTC will be negotiated during interview based on your experience, qualifications, and current/expected salary.
Q10. Can I change my details after submission? No, information once submitted cannot be changed. Fill carefully before submission.
Disclaimer: This information is compiled from the official SBI notification. Candidates are advised to check the official website for complete details and any updates.
Best of Luck to All Applicants! 🎯💼
