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SBI SCO Recruitment 2026: Apply Online for Specialist Cadre Officer Posts (Wealth Management)
State Bank of India (SBI) invites online applications from eligible professionals for contractual Specialist Cadre Officer roles in Wealth Management. Qualified candidates can check eligibility, post-wise vacancies, and submit applications online.
Published: 27 Sept 2026· 🎓 Any Graduate, Post Graduate, Diploma, CA· ⏳ Last date: 05 Oct 2026
State Bank of India (SBI), Central Recruitment & Promotion Department (CRPD), Mumbai has released an official recruitment notification (Advertisement No: CRPD/SCO/2026-27/23) for the engagement of Specialist Cadre Officers (SCO) on a Contract Basis under its Wealth Management & Premier Banking division.
Interested and eligible candidates can find complete vacancy details, eligibility criteria, CTC packages, selection steps, and official direct links formatted below.
1. Overview & Key Highlights
| Parameter | Details |
|---|---|
| Recruitment Body | State Bank of India (SBI) |
| Notification Number | CRPD/SCO/2026-27/23 |
| Nature of Engagement | Contractual (Initial 5 years, extendable up to 4 more years) |
| Total Vacancies | 204 Posts |
| Job Category | Wealth Management & Premier Banking |
| Selection Mode | Shortlisting & Interview (100 Marks) followed by CTC Negotiation |
| Official Career Website | Click Here |
2. Important Schedule
| Event | Date |
|---|---|
| Commencement of Online Registration | 04.09.2026 |
| Starting Date for Online Fee Payment | 04.09.2026 |
| Original Closing Date of Application & Fee Payment | 25.09.2026 |
| Crucial Date for Age & Eligibility Calculation | 31.08.2026 |
| Interview / Call Letter Intimation | Will be intimated via Registered Email & Portal |
3. Post-Wise Vacancy & Age Limit Details
| Post Code / Designation | Regular Posts | Backlog Posts | Total Vacancies | Age Limit as on 31.08.2026 (Min - Max) |
|---|---|---|---|---|
| Zonal Head (Retail) | 1 (UR) | 1 (OBC) | 2 | 35 – 50 Years |
| Regional Head (RH) | 4 (UR: 2, SC: 1, ST: 1) | 1 (OBC) | 5 | 35 – 50 Years |
| Relationship Manager - Team Lead | 22 (UR: 13, EWS: 2, OBC: 3, SC: 3, ST: 1) | 2 (ST) | 24 | 28 – 42 Years |
| Investment Specialist (IS) | 6 (UR: 3, OBC: 2, SC: 1) | 3 (SC: 2, ST: 1) | 9 | 28 – 42 Years |
| Investment Officer (IO) | 3 (UR: 2, OBC: 1) | 1 (ST) | 4 | 26 – 40 Years |
| VP Wealth (Senior Relationship Manager) | 26 (UR: 13, EWS: 2, OBC: 6, SC: 4, ST: 1) | 65 (SC: 14, ST: 18, OBC: 33) | 91 | 28 – 42 Years |
| AVP Wealth (Relationship Manager) | 70 (UR: 29, EWS: 7, OBC: 18, SC: 11, ST: 5) | 3 (SC) | 73 | 23 – 35 Years |
| Grand Total | 132 | 72 | 204 | — |
Note: Horizontal reservation for PwBD (VI, HI, LD, d&e) is applicable across designated posts as per Government of India guidelines.
4. Circle-Wise Distribution for Identified Posts
Candidates must select three distinct circle preferences during online submission for the five designated roles below:
| Circle Name | RM (Team Lead) | Investment Specialist | Investment Officer | VP Wealth | AVP Wealth |
|---|---|---|---|---|---|
| Amaravati | 0 | 2 | 0 | 0 | 0 |
| Bengaluru | 0 | 2 | 1 | 28 | 20 |
| Bhopal | 1 | 1 | 0 | 3 | 4 |
| Bhubaneshwar | 1 | 0 | 1 | 0 | 0 |
| Chandigarh | 1 | 0 | 0 | 0 | 0 |
| Chennai | 0 | 0 | 0 | 6 | 2 |
| Gandhinagar | 1 | 0 | 1 | 2 | 0 |
| Guwahati | 2 | 0 | 0 | 0 | 0 |
| Hyderabad | 1 | 1 | 1 | 9 | 0 |
| Jaipur | 0 | 1 | 0 | 7 | 8 |
| Kolkata | 1 | 1 | 0 | 11 | 6 |
| Lucknow | 0 | 2 | 0 | 0 | 4 |
| Maharashtra | 1 | 1 | 0 | 0 | 0 |
| Mumbai Metro | 0 | 1 | 0 | 0 | 0 |
| New Delhi | 4 | 2 | 0 | 18 | 16 |
| Patna | 0 | 2 | 0 | 0 | 0 |
| Thiruvananthapuram | 1 | 3 | 0 | 7 | 13 |
| Total | 9 | 24 | 4 | 91 | 73 |
Note: Zonal Head (Retail) posting is for East Zone (Kolkata). Regional Head (RH) postings are for Bengaluru, Bhopal, Hyderabad, Guwahati, and Patna.
5. Eligibility Criteria: Educational Qualification & Experience (As on 31.08.2026)
| Post Name | Mandatory Educational Qualification | Preferred Qualification / Certifications | Mandatory Minimum Post-Qualification Experience |
|---|---|---|---|
| Zonal Head (Retail) | Graduation from a Govt. recognized University/Institution | MBA (Banking/Finance/Marketing) with 60%; CFP / CFA / NISM V-A / NISM Investment Advisor / NISM 21-A | 15+ years experience in managing sales in Wealth Management / Retail Banking / AMCs (with min. 5 years leading RM teams & Team Leads) |
| Regional Head (RH) | Graduation from a Govt. recognized University/Institution | MBA (Banking/Finance/Marketing) with 60%; CFP / CFA / NISM certifications | 12+ years experience in relationship management with Banks/AMCs/Wealth Firms (with min. 5 years leading RM teams or as Team Lead) |
| RM - Team Lead | Graduation from a Govt. recognized University/Institution | MBA (Banking/Finance/Marketing) with 60%; CFP / CFA / NISM certifications | 8+ years experience in relationship management with Banks / Broking / Wealth / AMC entities (Team Lead experience preferred) |
| Investment Specialist (IS) | PG Degree / PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, Actuarial Science OR CA / CFA | CA / CFP / CFA / NISM Investment Advisor / Research Analyst / NISM 21-A | 6+ years experience as an Investment Advisor / Counsellor / Officer / Product Team member in Wealth Management / AMCs |
| Investment Officer (IO) | PG Degree / PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, Actuarial Science OR CA / CFA | CA / CFP / CFA / NISM Investment Advisor / Research Analyst / NISM 21-A | 4+ years experience as an Investment Advisor / Counsellor / Officer / Product Team member in Wealth Management / AMCs |
| VP Wealth | Graduation from a Govt. recognized University/Institution | MBA (Banking/Finance/Marketing) with 60%; NISM V-A, XXI-A, CFP / CFA | 6+ years experience in Sales & Marketing with Banks / Wealth Management / AMCs (6+ years as Relationship Manager preferred) |
| AVP Wealth | Graduation from a Govt. recognized University/Institution | PG in Finance / Marketing / Banking; NISM V-A, XXI-A, CFP / CFA | 3+ years experience in Sales & Marketing with Banks / Wealth Management / AMCs (or SBI Wealth CREs with 4 years experience) |
Teaching and training experience will not be counted towards eligibility. Any individual tenure of less than 6 months is excluded.
6. Remuneration, Fixed Pay & Allowances (Annual CTC)
| Post Designation | Upper CTC Range (INR in Lakhs) | Fixed Pay Limit | Fixed Allowances (Conveyance, Mobile, Medical) | Performance Linked Pay (PLP) Band | Annual Increment Range |
|---|---|---|---|---|---|
| Zonal Head (Retail) | ₹97.00 Lakhs | ₹66.00 Lakhs | ₹1.10 Lakhs | 0% to 45% of Fixed Pay | 0% to 25% |
| Regional Head (RH) | ₹66.40 Lakhs | ₹45.00 Lakhs | ₹1.10 Lakhs | 0% to 45% of Fixed Pay | 0% to 20% |
| RM - Team Lead | ₹51.80 Lakhs | ₹35.00 Lakhs | ₹1.04 Lakhs | 0% to 45% of Fixed Pay | 0% to 25% |
| Investment Specialist (IS) | ₹44.50 Lakhs | ₹30.00 Lakhs | ₹0.92 Lakhs | 0% to 45% of Fixed Pay | 0% to 25% |
| Investment Officer (IO) | ₹27.10 Lakhs | ₹18.00 Lakhs | ₹0.92 Lakhs | 0% to 45% of Fixed Pay | 0% to 25% |
| VP Wealth (SRM) | ₹44.70 Lakhs | ₹30.00 Lakhs | ₹1.16 Lakhs | 0% to 45% of Fixed Pay | 0% to 25% |
| AVP Wealth (RM) | ₹30.20 Lakhs | ₹20.00 Lakhs | ₹1.16 Lakhs | 0% to 45% of Fixed Pay | 0% to 25% |
7. Application Fee Details
| Category | Application Fee & Intimation Charges |
|---|---|
| General / EWS / OBC | ₹750/- (Non-Refundable) |
| SC / ST / PwBD | Nil (Exempted) |
| Payment Mode | Online Gateway (Debit Card, Credit Card, Internet Banking) |
8. Document Upload Specifications
| Document Name | Allowed Format | File Size Range | Additional Specifications |
|---|---|---|---|
| Passport Photograph | JPG / JPEG | 20 KB – 50 KB | 200 x 230 pixels, light/white background |
| Candidate Signature | JPG / JPEG | 10 KB – 20 KB | 140 x 60 pixels, signed with Black Ink pen (No capital letters) |
| Resume / Bio-Data | Up to 500 KB | Detailed work profile and CTC format | |
| Identity Proof & PAN Card | Up to 500 KB | Clear legible scanned copy, A4 page size | |
| Educational Certificates | Up to 500 KB | Marksheets and Degree/Diploma Certificates | |
| Work Experience Proofs | Up to 500 KB | Experience certificates, relieving letters, Form-16, salary slips | |
| Caste / Category / PwBD / NOC | Up to 500 KB | Issued by Competent Authority in standard GoI format |
9. Selection Process & Key Stages
| Stage Number | Process Name | Evaluation Parameters |
|---|---|---|
| Stage 1 | Shortlisting | Based on candidate qualifications, suitability, and valid relevant work experience by a committee. |
| Stage 2 | Interview | Personal, Telephonic, or Video Interview evaluated out of 100 Marks. Minimum qualifying marks are decided by SBI. |
| Stage 3 | CTC Negotiation | Conducted individually with shortlisted candidates during or following the interview process. |
| Stage 4 | Final Merit List | Strictly based on interview scores in descending order. In case of tie, candidate older in age is placed higher. |
10. Official Important Links
| Link Description | Direct Official URL |
|---|---|
| SBI SCO Recruitment 2026 Last Date Extended | Check Extension Notice & Corrigendum Updates |
| SBI Careers Official Portal | Visit SBI Official Careers Portal |
| SBI Candidate Query / Contact Desk | Post Your Query / Helpdesk |
Important Links
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