The State Bank of India (SBI) has released an official notification for the engagement of Specialist Cadre Officers on a contract basis. At Kanwar Sarthi Group, we ensure you have access to top-tier career updates, and this recruitment drive is an excellent opportunity for banking professionals to join SBI’s wealth management division.
- Application Window: Online registration and fee payment are open from September 4, 2026, to September 25, 2026.
- Application Fees: The fee is ₹750 for General, EWS, and OBC candidates.
- Fee Exemptions: SC, ST, and PwBD candidates are exempt from paying application fees.
Eligibility & Vacancy Breakdown
SBI is offering multiple positions across various wealth management roles, with all age and experience criteria calculated as of August 31, 2026.
| Post Name | Total Vacancies | Age Limit | Minimum Experience Required |
| Zonal Head (Retail) | 1 | 35 – 50 Years | 15+ years in Wealth/Retail Banking |
| Regional Head (RH) | 6 | 35 – 50 Years | 12+ years in relationship management |
| RM (Team Lead) | 25 | 28 – 42 Years | 8+ years in relationship management |
| Investment Specialist | 13 | 28 – 42 Years | 6+ years as investment advisor |
| Investment Officer | 5 | 28 – 40 Years | 4+ years as investment advisor |
| VP Wealth | 124 | 26 – 42 Years | 6 years in sales & marketing |
| AVP Wealth | 76 | 23 – 35 Years | 3 years in sales & marketing |
- Educational requirements generally include a graduation degree, while Investment Specialist and Officer roles require a PG Degree, PG Diploma, CA, or CFA, and teaching experience will not be counted for eligibility.
Salary, Perks & Contract Details
- Contract Duration: Appointments are strictly on a 5-year contract basis, with an option to renew for another 4 years at the Bank’s discretion.
- Top Compensation: Zonal Heads can earn a CTC up to ₹97 Lakhs, while Regional Heads can earn up to ₹66.40 Lakhs.
- Wealth Manager Compensation: VP Wealth offers up to ₹44.70 Lakhs, and AVP Wealth offers up to ₹30.20 Lakhs.
- Leaves & Notice Period: Selected candidates receive 30 days of leave per financial year and are subject to a 2-month notice period for contract termination.
Selection Process & Application Steps
- Selection Procedure: Candidates are shortlisted based on qualifications and experience, followed by a 100-mark interview.
- Merit List: Final selection is based solely on interview scores; in the event of a tie, older candidates will be ranked higher.
- Application Method: Applications and all document uploads must be submitted exclusively online through the official SBI careers portal.
- Required Documents: You must upload a resume, ID proof, age proof, caste/PwBD certificates (if applicable), mark sheets, experience certificates, and a No Objection Certificate (NOC) if currently employed in a government or public sector organization.
SBI SCO Recruitment 2026: Important Instructions
Before submitting your application, please review these critical guidelines to ensure your candidacy remains valid:
- Multiple Applications Permitted: You are welcome to apply for more than one position, provided you meet the specific eligibility requirements for each individual role.
- Experience Criteria: Please note that any prior experience in teaching or training will not be considered towards fulfilling the professional experience requirements for these posts.
- NOC Requirement for Current Employees: If you are currently employed in a Government or Quasi-Government office, Public Sector Undertaking (PSU), Nationalized Bank, Financial Institution, or any SBI Group company, you must present a formal “No Objection Certificate” (NOC) from your current employer during the interview stage.
- Debarment Policy: Candidates who were issued offer letters in previous Wealth Management & Premier Banking (WBPM) recruitment drives but chose not to join, as well as those who previously resigned from contract positions listed in this advertisement, are strictly debarred from applying for a period of 2 years from their date of non-joining or resignation.
- Digital Communication Only: All official communication, including interview call letters and updates, will be sent exclusively via email. No physical hard copies will be mailed to candidates.
- Official Updates: Any subsequent revisions, updates, or corrigenda related to this recruitment drive will be published solely on the official SBI website.
- Bank’s Discretion: SBI retains the absolute right to modify or completely cancel the recruitment process for any specific post, or in its entirety, at any stage without providing prior reasons.
- Legal Jurisdiction: In the event of any dispute or legal proceedings arising from this recruitment process, they will be subject exclusively to the jurisdiction of the courts located in Mumbai.
SBI SCO Recruitment 2026 – Important Links
- Apply Online: Click here
- Official Notification PDF: Click here
- Official Website: Click here
- Join Telegram Channel: Click Here
- Join WhatsApp Channel: Click Here
📌 SBI SCO Recruitment 2026: Frequently Asked Questions (FAQs)
Q1. What is the SBI SCO Recruitment 2026? It is an official recruitment drive by the State Bank of India (SBI) for the engagement of Specialist Cadre Officers (SCO) on a contract basis. Under Advertisement No. CRPD/SCO/2026-27/23, this recruitment focuses on SBI’s Wealth Management vertical, offering 207 tentative regular vacancies.
Q2. How many vacancies are available in the SBI SCO Recruitment 2026? There are 207 tentative regular vacancies distributed across seven key wealth management positions:
- Zonal Head (Retail): 1 Post
- Regional Head (RH): 5 Posts
- Relationship Manager – Team Lead: 24 Posts
- Investment Specialist (IS): 9 Posts
- Investment Officer (IO): 4 Posts
- VP Wealth: 91 Posts
- AVP Wealth: 73 Posts (Note: Factoring in backlog vacancies, the total count across all categories expands to 220).
Q3. What is the deadline to apply for the SBI SCO Recruitment 2026? The final date for online registration and the payment of application fees is September 25, 2026.
Q4. What are the qualifications required for the VP Wealth and AVP Wealth posts?
- Mandatory: Candidates must hold a graduate degree from a Government-recognized University or Institution.
- Preferred: Weightage is given to candidates with a relevant post-graduation degree (such as an MBA in Banking, Finance, or Marketing) and professional certifications like NISM, CFP, or CFA.
Q5. What is the age limit for the SBI SCO Recruitment 2026? The age criteria vary by post and are calculated as of August 31, 2026:
- Zonal Head & Regional Head: 35 to 50 years
- RM – Team Lead & Investment Specialist: 28 to 42 years
- Investment Officer: 28 to 40 years
- VP Wealth: 26 to 42 years
- AVP Wealth: 23 to 35 years
Q6. What is the application fee for the SBI SCO Recruitment 2026?
- General, EWS, and OBC Candidates: ₹750
- SC, ST, and PwBD Candidates: Fully exempted from fee payment
Q7. What is the salary or CTC for SBI SCO Wealth Management posts? The annual Cost to Company (CTC) is negotiable and depends on the candidate’s experience, current emoluments, and posting location. The upper CTC limits are:
- Zonal Head (Retail): Up to ₹97 Lakhs
- Regional Head (RH): Up to ₹66.40 Lakhs
- RM – Team Lead: Up to ₹51.80 Lakhs
- Investment Specialist (IS): Up to ₹44.50 Lakhs
- VP Wealth (SRM): Up to ₹44.70 Lakhs
- AVP Wealth (RM): Up to ₹30.20 Lakhs
- Investment Officer (IO): Up to ₹27.10 Lakhs
Q8. What is the selection process for the SBI SCO Recruitment 2026? The selection is a streamlined multi-step process:
- Shortlisting: Based on eligibility and experience profiles.
- Interview: Shortlisted candidates will undergo one or more rounds of personal, telephonic, or video interviews carrying a weightage of 100 marks.
- CTC Negotiation: Individual salary negotiations take place during or after the interview stage.
Q9. Can a candidate apply for more than one SBI SCO post? Yes, candidates are permitted to apply for more than one post, provided they fulfill all the specific eligibility criteria (age, education, experience) for each applied position.
Q10. What is the contract period for these SBI Wealth Management posts? The engagement is strictly on a contract basis for an initial period of 5 years. It is renewable for an additional 4 years at the Bank’s discretion, subject to fulfilling specific performance conditions stipulated by SBI.