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 Here
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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.
SBI SCO Application Fee
The application fee and intimation charges (non-refundable) are ₹750 for UR/EWS/OBC candidates; there is no fee for SC/ST/PwBD candidates. Fees must be paid online through the payment gateway integrated with the application, using Debit Card, Credit Card, or Internet Banking. The fee, once paid, will not be refunded or adjusted for any other examination or selection.
SBI SCO Selection Process
- Shortlisting: mere fulfilment of minimum qualification and experience does not entitle a candidate to be called for interview; the shortlisting committee decides the parameters and number of candidates called.
- Interview: one or more rounds of personal, telephonic, or video interview, carrying 100 marks; the qualifying marks are decided by the Bank.
- CTC Negotiation: conducted individually with shortlisted candidates, at the time of interview or after completion of the interview process.
- Merit List: prepared in descending order based on interview scores only; candidates tied at the cut-off mark are ranked by age, in descending order.
How to Apply Online for SBI SCO Recruitment 2026
- Visit https://sbi.bank.in/web/careers/current-openings and download the detailed advertisement, CRPD/SCO/2026-27/23.
- Register online through the link provided, keeping a valid email ID active until the declaration of results.
- Scan and upload your latest photograph and signature as specified; the application will not register without these.
- Upload all relevant documents, including resume, ID proof, age proof, caste certificate, PwBD certificate (if applicable), educational qualification certificates, experience certificates, and biodata.
- Fill the application carefully, note the system-generated registration number and password, and pay the application fee online through the integrated payment gateway.
- Take a printout of the submitted application form and the fee e-receipt for your records; no changes are allowed after final submission.
Candidates should apply well before the closing date, 25-09-2026, to avoid last-minute technical issues. Hard copies of the application and documents need not be sent to the Bank.
SBI SCO Recruitment 2026 – Important Instructions
- Candidates can apply for more than one post if they otherwise fulfil all eligibility criteria for each post.
- Teaching and training experience will not be counted for eligibility.
- Candidates working in Government/Quasi-Government offices, PSUs, Nationalized Banks, Financial Institutions, and SBI Group companies must submit a No Objection Certificate (NOC) from their employer at the time of interview.
- Candidates previously issued offer letters in earlier Wealth Management & Premier Banking (WBPM) recruitment exercises but who did not join, or who previously resigned after being engaged on contract for posts in this advertisement, are debarred from applying for 2 years from the date of non-joining/resignation.
- The call letter/interview advice will be sent by email only; no hard copy will be sent.
- All revisions/corrigenda will be hosted on the Bank's website only.
- The Bank reserves the right to cancel the recruitment process entirely, or for any particular post, at any stage without assigning reasons.
- Any legal proceedings arising from this recruitment fall under the exclusive jurisdiction of courts at Mumbai.
SBI SCO Recruitment 2026 – Important Links
- Apply Online: Click here
- Official Notification PDF: Click here
- Official Website: Click here
- Join Arattai Channel: Click Here
- Join Telegram Channel: Click Here
- Join WhatsApp Channel: Click Here
- Sarkari Result: Click Here
- Download Mobile App: Click Here
Candidates with a background in Wealth Management or Investment Advisory can also explore other Bank PO and Specialist Officer Jobs and Wealth Management Jobs across India. Those with an MBA in Finance can check the latest MBA Finance Government Jobs, while candidates holding CFA/CFP certifications can browse ongoing SBI Recruitment 2026 and Bank Specialist Cadre Officer Recruitment matching their qualification.
