SBI Specialist Cadre Officers (SCO) Recruitment 2025 – Apply for 996 Posts
Overview
State Bank of India (SBI), India’s largest public sector bank, is recruiting 996 Specialist Cadre Officers in the Wealth Management division. This is an exceptional opportunity for experienced professionals in banking, finance, and wealth management to join India’s premier banking institution with attractive salary packages and career growth opportunities.
Organization: State Bank of India (SBI)
Total Vacancies: 996 Posts
Post Type: Specialist Cadre Officers – Wealth Management
Job Type: Contract (5 years, extendable for 4 more years)
Application Mode: Online only
Official Website: sbi.bank.in
📅 Important Dates
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
📍 Vacancy Details
| Post Name | Vacancies | CTC (Upper Range) |
|---|---|---|
| VP Wealth (Senior Relationship Manager) | 506 | ₹44.70 Lakhs |
| AVP Wealth (Relationship Manager) | 206 | ₹30.20 Lakhs |
| Customer Relationship Executive | 284 | ₹6.20 Lakhs |
| Total | 996 |
Detailed Salary Breakup
VP Wealth (SRM):
- Fixed Pay: ₹30 Lakhs
- Allowances: ₹1.16 Lakhs
- Performance Linked Pay (PLP): 45% of Fixed
- Increment: 0-25%
- Total CTC (Upper Range): ₹44.70 Lakhs
AVP Wealth (RM):
- Fixed Pay: ₹20 Lakhs
- Allowances: ₹1.16 Lakhs
- Performance Linked Pay (PLP): 45% of Fixed
- Increment: 0-25%
- Total CTC (Upper Range): ₹30.20 Lakhs
Customer Relationship Executive:
- Fixed Pay: ₹4 Lakhs
- Allowances: ₹0.77 Lakhs
- Performance Linked Pay (PLP): 35% of Fixed
- Increment: 0-25%
- Total CTC (Upper Range): ₹6.20 Lakhs
Contract Duration: Initial 5 years, renewable for another 4 years based on performance
🎓 Educational Qualifications
Minimum Qualification (All Posts)
Essential: Graduation from Government recognized University or Institution
Preferred Qualifications:
- MBA in Banking/Finance/Marketing
- Professional certifications such as:
- NISM V-A (Mutual Fund Distributors)
- NISM XXI-A (Investment Adviser)
- CFP (Certified Financial Planner)
- CFA (Chartered Financial Analyst)
Additional Requirements
- Relevant experience in wealth management, banking, financial services, or related fields
- Strong understanding of financial products and wealth management solutions
- Excellent communication and interpersonal skills
- Customer relationship management expertise
Note: Teaching and training experience will not be counted for eligibility.
💰 Salary Details (per month)
| Position | Monthly CTC (Approx.) | Annual CTC |
|---|---|---|
| VP Wealth (SRM) | ₹3.73 Lakhs | ₹44.70 Lakhs |
| AVP Wealth (RM) | ₹2.52 Lakhs | ₹30.20 Lakhs |
| Customer Relationship Executive | ₹0.52 Lakhs | ₹6.20 Lakhs |
Components:
- Fixed Pay
- Allowances
- Performance Linked Pay (PLP) – 35-45% based on position
- Annual Increment – 0-25% based on performance
- Other benefits as per bank policy
🎯 Selection Process
The selection process for SBI SCO 2025 involves:
- Shortlisting: Based on submitted application and credentials
- Interview: Personal/Telephonic/Video Interview
- Candidates will be assessed on professional knowledge
- Banking and wealth management expertise
- Communication skills
- Customer handling abilities
- CTC Negotiation: Discussion on compensation package
- Merit List: Final selection based on interview performance (100 marks)
Note: No written examination. Selection is purely based on profile screening and interview performance.
⏳ Age Limit
As on 1st May 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 SC/ST/OBC/PwBD and other reserved categories.
📑 How to Apply
Follow these steps to complete your online application:
- Visit Official Website: Go to https://bank.sbi/web/careers/current-openings
- Registration: Click on “Apply Online” link for SCO Recruitment 2025
- Fill Application Form:
- Personal details
- Educational qualifications
- Work experience
- Professional certifications
- Upload Documents:
- Recent passport-size photograph
- Signature
- Updated Resume/CV
- ID Proof (Aadhaar/PAN/Voter ID)
- Age Proof
- Educational certificates
- Experience certificates
- Form-16/Latest Salary Slip/Offer Letter
- Caste certificate (if applicable)
- PwBD certificate (if applicable)
- NOC from current employer (if applicable)
- Biodata
- Pay Application Fee:
- General/OBC/EWS: ₹750/-
- SC/ST/PwBD: Nil (No Fee)
- Payment via Debit Card/Credit Card/Net Banking
- Submit Application: Review all details carefully and submit
- Take Printout: Save and print the application for future reference
Important: Only online applications will be accepted. Ensure all information is accurate as false information will lead to disqualification.
⚙️ Key Documents Required
- Recent passport-size photograph (JPG/JPEG format, max 50KB)
- Signature (JPG/JPEG format, max 20KB)
- Updated Resume/CV (PDF format)
- Valid ID Proof (Aadhaar/PAN Card/Voter ID/Passport)
- Date of Birth proof
- Educational qualification certificates (10th, 12th, Graduation, Post-Graduation)
- Professional certification copies (NISM/CFP/CFA if applicable)
- Experience certificates from all previous employers
- Form-16/Latest 3 months salary slips/Latest offer letter
- Caste certificate (for SC/ST/OBC candidates)
- PwBD certificate (if applicable)
- NOC from current employer (for employed candidates)
- Complete biodata
📘 Important Links
- Apply Online: Click Here
- Official Notification: Download PDF
- Official Website: sbi.bank.in
- Current Openings: SBI Careers
🔔 Important Instructions
Eligibility Criteria: ✓ Only Indian citizens are eligible to apply
✓ Candidates must be from recognized universities/institutions
✓ Teaching/training experience not counted for eligibility
✓ Candidates with adverse reports on character/moral turpitude are ineligible
Application Guidelines: ✓ Read the official notification carefully before applying
✓ Provide accurate information – false details lead to disqualification
✓ Ensure all documents are uploaded in correct format and size
✓ Multiple applications can be submitted for different posts if eligible
✓ Application fee is non-refundable
Selection Process: ✓ Shortlisting based on application and credentials
✓ Interview mode: Personal/Telephonic/Video
✓ No written test for this recruitment
✓ CTC is negotiable based on experience and performance
✓ Final selection based on interview merit (100 marks)
Post Selection: ✓ Contract period: 5 years (renewable for 4 more years)
✓ Performance evaluation conducted periodically
✓ Increment and PLP based on annual performance
✓ Posting location as per bank’s requirements
✓ Service conditions as per SBI SCO norms
General Instructions: ✓ Keep your registration number and password safe
✓ Check email regularly for communication from SBI
✓ Interview call letters will be sent via email/SMS
✓ Candidates should be available for interview as per bank’s schedule
✓ No TA/DA for attending interview
✓ Regularly visit official website for updates
⚠️ Key Highlights
🔹 No Written Exam – Selection purely based on profile and interview
🔹 High Salary Package – Up to ₹44.70 Lakhs CTC for VP position
🔹 Performance Incentives – PLP up to 45% and increment up to 25%
🔹 Career Growth – Working with India’s largest public sector bank
🔹 Professional Development – Opportunities in wealth management sector
🔹 Pan-India Opportunities – Positions across multiple locations
🔹 Long-term Engagement – 5+4 years contract period
📞 For Queries
For any queries or clarifications, candidates should:
- Visit the official SBI careers website
- Check the detailed notification PDF
- Email at the address mentioned in the official notification
- Avoid unauthorized sources and consultants
Disclaimer: Candidates are advised to refer to the official SBI notification for complete details and any updates. This is a general guide for applicant convenience.
