State
bank of India (SBI) has released the official notification for the
recruitment of 207 Specialist Cadre Officers posts. The online application process will begin on 04 September 2026, and the last date to apply is 25 September 2026. Candidates must be 23 to 50 years old to be eligible for this recruitment.
State Bank of India (SBI) has invited online applications from eligible Indian citizens for the engagement of Specialist Cadre Officers (SCO) on contract basis in its Wealth Management vertical, under Advertisement No. CRPD/SCO/2026-27/23. The Bank has notified 207 tentative vacancies across seven posts – Zonal Head (Retail), Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth – spread across 17 Circles nationwide. Eligible graduate candidates meeting the post-specific age and experience criteria can apply online through https://sbi.bank.in/web/careers/current-openings from 04-09-2026 to 25-09-2026. Selection is through shortlisting followed by interview and CTC negotiation, with contracts running for 5 years.
SBI SCO Recruitment 2026 Notification
The notification was issued by the Central Recruitment & Promotion Department, SBI Corporate Centre, Mumbai, dated 04-09-2026.
- Direct Link to Apply Online: Apply here
- Notification PDF: Download SBI SCO Recruitment 2026 Notification PDF
SBI SCO Recruitment 2026 Overview
| Particulars | Details |
|---|---|
| Recruiting Authority | State Bank of India, Central Recruitment & Promotion Department |
| Advertisement Number | CRPD/SCO/2026-27/23 |
| Posts | Zonal Head (Retail), Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, AVP Wealth |
| Total Vacancies | 207 |
| Nature of Engagement | Contract basis, 5 years, renewable for another 4 years at the Bank’s discretion |
| Application Mode | Online only |
| Application Fee | ₹750 (UR/EWS/OBC); exempted for SC/ST/PwBD |
| Last Date to Apply | 25-09-2026 |
| Job Location | Pan-India, across 17 SBI Circles |
| Official Website | https://sbi.bank.in/web/careers/current-openings |
SBI SCO Recruitment 2026 Important Dates
| Event | Date |
|---|---|
| Start of online registration and fee payment | 04-09-2026 |
| Last date for online registration and fee payment | 25-09-2026 |
SBI SCO Vacancy 2026 – Post-Wise Details
SBI has notified 207 tentative vacancies. The vacancies mentioned are indicative, and the Bank reserves the right to transfer selected officers to any of its offices, associates, subsidiaries, or other organizations, depending on the exigencies of service.
| Post | SC | ST | OBC | EWS | UR | Total |
|---|---|---|---|---|---|---|
| Zonal Head (Retail) | 0 | 0 | 1 | 0 | 0 | 1 |
| Regional Head (RH) | 1 | 1 | 1 | 0 | 2 | 5 |
| Relationship Manager–Team Lead | 3 | 3 | 3 | 2 | 13 | 24 |
| Investment Specialist (IS) | 3 | 1 | 2 | 0 | 3 | 9 |
| Investment Officer (IO) | 0 | 1 | 1 | 0 | 2 | 4 |
| VP Wealth | 18 | 19 | 39 | 2 | 13 | 91 |
| AVP Wealth | 14 | 5 | 18 | 7 | 29 | 73 |
| Total | 207 |
Each total above includes both Regular and Backlog vacancies combined by category. Horizontal PwBD reservations (Visually Impaired, Hearing Impaired, Locomotor Disability, and other benchmark disabilities) are additionally notified within these totals for most posts, as detailed in the official advertisement.
Suggested Place of Posting
| Post | Suggested Place of Posting |
|---|---|
| Zonal Head (Retail) | East Zone (Kolkata) |
| Regional Head (RH) | Bengaluru, Bhopal, Hyderabad, Guwahati, Patna |
| Relationship Manager–Team Lead | Centres within the applied/opted Circle |
| Investment Specialist (IS) | Centres within the applied/opted Circle |
| Investment Officer (IO) | Centres within the applied/opted Circle |
| VP Wealth | Centres within the applied/opted Circle |
| AVP Wealth | Centres within the applied/opted Circle |
SBI SCO Recruitment 2026 – Circle-Wise Vacancy
For Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth posts, candidates must indicate three different preferred Circles while applying. No request for change of Circle preference will be entertained at any stage, and if a candidate does not get their preferred Circle(s), their candidature may be considered for other Circles.
| Circle | RM–Team Lead | Investment Specialist | Investment Officer | VP Wealth | AVP Wealth |
|---|---|---|---|---|---|
| Amaravati | 2 | 0 | 0 | 0 | 0 |
| Bengaluru | 2 | 0 | 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 | 2 | 0 | 0 | 0 | 4 |
| Maharashtra | 1 | 1 | 0 | 0 | 0 |
| Mumbai Metro | 0 | 1 | 0 | 0 | 0 |
| New Delhi | 4 | 2 | 0 | 18 | 16 |
| Patna | 2 | 0 | 0 | 0 | 0 |
| Thiruvananthapuram | 3 | 1 | 0 | 7 | 13 |
| Total | 24 | 9 | 4 | 91 | 73 |
SBI SCO Eligibility Criteria 2026
| 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 |
All qualification and experience criteria are reckoned as on 31-08-2026. Teaching and training experience will not be counted for eligibility, and experience of less than six months in any organization will not be considered.
SBI SCO Age Limit (as on 31-08-2026)
| Post | Minimum Age | Maximum Age |
|---|---|---|
| Zonal Head (Retail) | 35 | 50 |
| Regional Head (RH) | 35 | 50 |
| Relationship Manager–Team Lead | 28 | 42 |
| Investment Specialist (IS) | 28 | 42 |
| Investment Officer (IO) | 28 | 40 |
| VP Wealth | 26 | 42 |
| AVP Wealth | 23 | 35 |
Maximum age indicated is for Unreserved category candidates; relaxation in the upper age limit is available to reserved category candidates as per Government of India guidelines.
SBI SCO CTC and Contract Period
| Post | CTC Upper Range (₹ in Lakhs) |
|---|---|
| Zonal Head (Retail) | 97.00 |
| Regional Head (RH) | 66.40 |
| Relationship Manager–Team Lead | 51.80 |
| Investment Specialist (IS) | 44.50 |
| Investment Officer (IO) | 27.10 |
| VP Wealth (SRM) | 44.70 |
| AVP Wealth (RM) | 30.20 |
Annual CTC is negotiable and depends on the candidate’s experience, current emoluments, and place of posting. All posts are eligible for Performance Linked Pay (0% to 45% of Fixed Pay) and an Annual Increment Band, based on performance rating as per the Bank‘s policy. The contract period is 5 years, renewable for another 4 years at the Bank’s discretion, and can be terminated by either side with 2 months’ notice or payment/surrender of 2 months’ compensation in lieu.