The State Bank of India (SBI), the biggest and most trusted bank in India, has announced a big hiring campaign for Specialist Cadre Officers (SCO) in its Wealth Management division. Originally, there were 996 open positions, but that number has been raised to 1146. This is a great chance for experienced banking and finance professionals. The deadline for applications has been pushed out to January 10, 2026. This is a great chance to work for India’s best public sector bank, with salaries up to ₹44.70 Lakhs a year.
Key Takeaways
✅ Total Vacancies Increased: From 996 to 1146 posts across three designations
✅ Extended Application Deadline: January 10, 2026 (previously December 23, 2026)
✅ No Written Examination: Selection based on shortlisting and interview only
✅ Attractive Salary Packages: CTC ranging from ₹6.20 Lakhs to ₹44.70 Lakhs per annum
✅ Contract Duration: 5 years (renewable for an additional 4 years)
✅ Pan-India Opportunities: Positions available across 17 SBI circles
✅ Application Fee: ₹750 for General/OBC/EWS; NIL for SC/ST/PwBD candidates
About State Bank of India (SBI)
State Bank of India stands as a towering pillar of Indian banking, recognized globally as a Fortune 500 company and an Indian multinational public sector banking giant. With a remarkable legacy spanning over two centuries, SBI has earned the distinction of being the most trusted bank by generations of Indians.
Recently honored with prestigious accolades including:
- “Best Bank in India for 2024” by Global Finance
- “World’s Best Consumer Bank 2026”
- Largest lender in India with assets exceeding ₹61 trillion
- Serving over 50 crore customers through 22,500+ branches nationwide
- Extensive network of 63,580 ATMs/ADWMs and 82,900 BC outlets
SBI SO Recruitment 2026: Complete Overview
State Bank of India is filling 1146 SO vacancies, including Customer Relationship Executive positions and Wealth Management roles at the Vice President and Assistant Vice President levels. This recruitment drive, conducted under Advertisement No. CRPD/SCO/2026-26/17, focuses exclusively on the Wealth Management business unit.
| Parameter | Details |
| Organization Name | State Bank of India (SBI) |
| Advertisement Number | CRPD/SCO/2026-26/17 |
| Total Vacancies | 1146 (Revised from 996) |
| Recruitment Type | Contract Basis |
| Contract Duration | 5 Years (Renewable for 4 more years) |
| Application Mode | Online Only |
| Selection Process | Shortlisting + Interview |
| Official Website | https://bank.sbi/careers/current-openings |
Vacancy Distribution and Post Details
The 1146 vacancies are distributed across three key positions in the Wealth Management vertical:
Latest Vacancy Breakup
| Post Name | Previous Vacancies | Revised Vacancies |
| VP Wealth (Senior Relationship Manager) | 506 | 582 |
| AVP Wealth (Relationship Manager) | 206 | 237 |
| Customer Relationship Executive | 284 | 327 |
| Total | 996 | 1146 |
Category-Wise Distribution
Vacancies are distributed across various categories including:
- SC (Scheduled Caste)
- ST (Scheduled Tribe)
- OBC (Other Backward Classes)
- EWS (Economically Weaker Section)
- UR (Unreserved)
- PwBD (Persons with Benchmark Disabilities) – Horizontal reservation
Note: Detailed category-wise breakup is available in the official notification PDF
Educational Qualification Requirements
Mandatory Requirements
For All Posts:
- Bachelor’s Degree (any discipline) from a Government recognized University or Institution
Preferred Qualifications
Candidates with the following qualifications will have a distinct advantage:
- MBA in Banking/Finance/Marketing
- Post-Graduate Diploma in Management (PGDM)
- Professional certifications such as:
- NISM V-A (Mutual Fund Distributors Certification)
- NISM XXI-A (Commodity Derivatives Certification)
- CFP (Certified Financial Planner)
- CFA (Chartered Financial Analyst)
Experience Requirements
| Post | Minimum Experience |
| VP Wealth (SRM) | 6 years in wealth management, insurance advisory, portfolio management, or financial planning |
| AVP Wealth (RM) | 4 years in relevant banking/financial services |
| Customer Relationship Executive | Freshers with relevant degree can apply |
Important Note: Teaching and training experience will NOT be counted toward eligibility.
Age Limit Details
Age calculation is as on May 1, 2026:
| Post | Minimum Age | Maximum Age |
| VP Wealth (Senior Relationship Manager) | 26 Years | 42 Years |
| AVP Wealth (Relationship Manager) | 23 Years | 35 Years |
| Customer Relationship Executive | 20 Years | 35 Years |
Age Relaxation
As per Government of India guidelines:
- SC/ST Candidates: 5 Years
- OBC Candidates: 3 Years
- PwBD Candidates: 10 Years (General), 13 Years (OBC), 15 Years (SC/ST)
- Ex-Servicemen: As per rules
Salary and Compensation Structure
SBI offers one of the most competitive compensation packages in the Indian banking sector for these contractual positions.
Detailed Salary Breakup
1. VP Wealth (Senior Relationship Manager)
CTC Upper Range: ₹44.70 Lakhs per annum
Components:
- Fixed Pay: ₹30.00 Lakhs
- Allowances: ₹1.16 Lakhs
- Performance Linked Pay (PLP): 45% of Fixed Pay
- Annual Increment: 0-25% (performance-based)
2. AVP Wealth (Relationship Manager)
CTC Upper Range: ₹30.20 Lakhs per annum
Components:
- Fixed Pay: ₹20.00 Lakhs
- Allowances: ₹1.16 Lakhs
- Performance Linked Pay (PLP): 45% of Fixed Pay
- Annual Increment: 0-25% (performance-based)
3. Customer Relationship Executive
CTC Upper Range: ₹6.20 Lakhs per annum
Components:
- Fixed Pay: ₹4.00 Lakhs
- Allowances: ₹0.77 Lakhs
- Performance Linked Pay (PLP): 35% of Fixed Pay
- Annual Increment: 0-25% (performance-based)
Additional Benefits
- Medical allowances as per bank policy
- Conveyance and mobile allowances
- Leave entitlement: 30 days per financial year
- Professional development opportunities
- Association with India’s most prestigious bank
Selection Process: Step-by-Step
The selection process includes shortlisting as per the application forms and interviews without any written examination.
Stage 1: Application Shortlisting
- Bank’s Shortlisting Committee reviews all applications
- Evaluation based on:
- Educational qualifications
- Relevant work experience
- Professional certifications
- Overall profile suitability
- Adequate number of candidates shortlisted for interview
Stage 2: Personal Interview
- Total Marks: 100
- Interviews conducted by expert panels
- Assessment focus areas:
- Professional knowledge and expertise
- Communication and presentation skills
- Understanding of wealth management and banking products
- Problem-solving abilities
- Customer relationship management skills
Stage 3: CTC Negotiation
- For shortlisted candidates
- Based on current compensation and experience
- Within the prescribed salary range
Final Merit List
- Prepared in descending order based on interview scores
- In case of tied scores, candidates ranked by age (descending order)
- Selection purely based on interview performance
Important: Mere fulfillment of eligibility criteria does not guarantee an interview call.
Application Fee Structure
| Category | Application Fee |
| General/OBC/EWS Candidates | ₹750/- |
| SC/ST/PwBD Candidates | NIL (No Fee) |
Payment Mode
- Online Payment Only through:
- Debit Card
- Credit Card
- Net Banking
- UPI
Note: Application fee once paid is non-refundable and cannot be adjusted for any future examinations.
Important Dates to Remember
| Event | Date |
| Notification Release Date | December 2, 2026 |
| Online Registration Start Date | December 2, 2026 |
| Original Application Deadline | December 23, 2026 |
| Extended Application Deadline | January 10, 2026 |
| Age/Qualification Date | May 1, 2026 |
| Interview Date | To be announced |
How to Apply Online: Complete Guide
Follow these detailed steps to successfully complete your application:
Step 1: Visit Official Website
Navigate to the official SBI Careers portal: 🔗 Official Website: https://bank.sbi/careers/current-openings
Step 2: Locate the Advertisement
- Look for Advertisement No. CRPD/SCO/2026-26/17
- Read the complete official notification carefully
- Download and save the notification PDF for reference
Step 3: New Registration
- Click on “Apply Online” link
- Select “NEW REGISTRATION”
- Provide basic details:
- Full Name
- Date of Birth
- Email ID (keep active)
- Mobile Number (keep active)
- Educational Qualifications
Step 4: Upload Required Documents
Prepare and upload the following in specified format:
Document Requirements:
| Document | Format | Size Limit |
| Photograph | JPEG | 20-50 KB |
| Signature | JPEG | 10-20 KB |
| Detailed Resume | 500 KB | |
| ID Proof (Aadhaar/PAN/Voter ID) | 500 KB | |
| Date of Birth Proof | 500 KB | |
| Degree Certificates | 500 KB | |
| Experience Certificates | 500 KB | |
| Latest Salary Slip/Offer Letter | 500 KB | |
| Caste Certificate (if applicable) | 500 KB | |
| PwBD Certificate (if applicable) | 500 KB | |
| NOC (if working in Govt./PSU) | 500 KB |
Important Guidelines:
- Photograph dimensions: 200 x 230 pixels
- Signature dimensions: 140 x 60 pixels
- Signature must NOT be in CAPITAL LETTERS
- All documents must be clear and legible
Step 5: Fill Application Form
- Complete all sections accurately
- Double-check all entered information
- Save draft if needed (can edit up to 3 times)
- Preview the complete application
Step 6: Pay Application Fee
- Select payment method
- Complete online payment
- Download e-receipt after successful payment
- Transaction charges (if any) to be borne by candidate
Step 7: Final Submission
- Review all details one final time
- Click “Final Submit”
- Download and print application form
- Save registration number and password for future reference
Direct Application Links
🔗 Apply Online: https://recruitment.sbi.bank.in/crpd-sco-2026-26-17/apply
🔗 Official Notification PDF: https://sbi.bank.in/web/careers/current-openings
(Navigate to Advertisement No. CRPD/SCO/2026-26/17)
🔗 Official SBI Careers Portal: https://bank.sbi/careers/current-openings
Eligibility Criteria Checklist
Before applying, ensure you meet ALL these requirements:
✓ Indian Citizen
✓ Hold required educational qualification as on May 1, 2026
✓ Meet age criteria as on May 1, 2026
✓ Possess required work experience (for VP/AVP posts)
✓ No adverse reports regarding character and antecedents
✓ No pending/contemplated disciplinary proceedings
✓ Valid email ID and mobile number
✓ All required documents ready in prescribed format
Disqualifications:
✗ False information or suppression of facts
✗ Adverse character reports
✗ Pending disciplinary proceedings
✗ Teaching/training experience counted as relevant experience
Job Roles and Responsibilities
VP Wealth (Senior Relationship Manager)
Primary Responsibilities:
- Managing high-net-worth individual (HNI) client portfolios
- Providing comprehensive wealth management solutions
- Offering personalized financial planning and advisory services
- Cross-selling various banking and investment products
- Meeting revenue targets and business objectives
- Building and maintaining long-term client relationships
- Ensuring compliance with banking regulations
AVP Wealth (Relationship Manager)
Primary Responsibilities:
- Managing affluent customer relationships
- Offering wealth management and investment solutions
- Product sales and cross-selling
- Portfolio management and advisory
- Client servicing and relationship enhancement
- Achieving assigned business targets
- Coordinating with product teams and support functions
Customer Relationship Executive
Primary Responsibilities:
- Customer acquisition and relationship building
- Providing information on banking products and services
- Processing customer requests and applications
- Maintaining customer database and records
- Cross-selling banking products
- Ensuring customer satisfaction
- Supporting senior relationship managers
Circle-Wise Posting Locations
Candidates may be posted anywhere across India based on bank’s requirements. The 17 SBI circles include:
- Ahmedabad Circle
- Bangalore Circle
- Bhopal Circle
- Bhubaneswar Circle
- Chandigarh Circle
- Chennai Circle
- Delhi Circle
- Guwahati Circle
- Hyderabad Circle
- Jaipur Circle
- Kolkata Circle
- Lucknow Circle
- Mumbai Circle
- Nagpur Circle
- New Delhi Circle
- Patna Circle
- Thiruvananthapuram Circle
Note: Transfer to any location in India may be required as per bank’s administrative needs.
Preparation Tips for Interview
1. Banking and Financial Knowledge
- Stay updated on current banking trends
- Understand wealth management products
- Know about insurance, mutual funds, and investment options
- Familiarize yourself with RBI guidelines and banking regulations
2. Communication Skills
- Practice clear and confident speaking
- Work on presentation skills
- Prepare to explain complex financial concepts simply
- Demonstrate customer-centric communication
3. Domain Expertise
- Highlight your relevant work experience
- Prepare case studies from your professional journey
- Be ready to discuss client management strategies
- Showcase your sales and relationship management achievements
4. Current Affairs
- Follow financial news and market trends
- Know about SBI’s recent initiatives and achievements
- Stay informed about economic policies and developments
5. SBI-Specific Preparation
- Research SBI’s wealth management offerings
- Understand the bank’s vision and values
- Know about SBI’s digital initiatives and innovations
Important Instructions and Guidelines
General Instructions
- Nationality: Only Indian citizens are eligible
- Multiple Applications: Last valid application will be retained; fee for others forfeited
- Document Verification: All documents subject to verification at interview stage
- NOC Requirement: Mandatory for candidates employed in Government/PSU/PSB
- Medical Fitness: Final appointment subject to medical examination
- Character Verification: Independent verification may be conducted
- Legal Jurisdiction: Only Mumbai courts have jurisdiction for any disputes
Application Guidelines
- Apply well before the deadline to avoid last-minute technical issues
- Keep email ID and mobile number active throughout the recruitment process
- Save registration details safely
- Take printout of submitted application
- Upload only genuine and accurate documents
- Any false information will lead to disqualification
Post-Selection Requirements
- Discharge certificate from current employer (if applicable)
- Original documents for verification
- Medical fitness certificate
- Police verification clearance
- No objection certificate (if required)
Why Choose a Career with SBI?
1. Unmatched Brand Value
Working with India’s largest and most trusted bank adds significant credibility to your professional profile.
2. Job Security and Stability
Association with a government-backed, Fortune 500 institution ensures long-term career stability.
3. Competitive Compensation
Industry-leading salary packages with performance-linked incentives and comprehensive benefits.
4. Career Growth Opportunities
- Contract extension possibilities
- Performance-based career progression
- Exposure to diverse client segments
- Continuous learning and development
5. Professional Development
- Training programs and skill enhancement initiatives
- Exposure to cutting-edge banking technology
- Networking with industry experts
- Mentorship from experienced professionals
6. Work-Life Balance
- Defined working hours
- Leave entitlements
- Medical benefits
- Professional work environment
Frequently Asked Questions (FAQs)
Q1. What is the total number of vacancies for SBI SO Recruitment 2026?
Answer: The total number of vacancies has been revised from 996 to 1146 positions across three posts: VP Wealth (SRM) – 582 posts, AVP Wealth (RM) – 237 posts, and Customer Relationship Executive – 327 posts.
Q2. What is the last date to apply for SBI Specialist Officer Recruitment 2026?
Answer: The application deadline has been extended to January 10, 2026. Candidates are advised to apply well before the deadline to avoid last-minute technical issues.
Q3. Is there any written examination for this recruitment?
Answer: No, there is no written examination. Selection is based entirely on shortlisting and personal interview carrying 100 marks.
Q4. What is the application fee for SBI SO 2026?
Answer: The application fee is ₹750 for General, OBC, and EWS category candidates. SC, ST, and PwBD candidates are exempted from paying any application fee.
Q5. What is the salary for VP Wealth (SRM) position?
Answer: The CTC for VP Wealth (SRM) in the upper range is ₹44.70 Lakhs per annum, including fixed pay of ₹30 Lakhs, allowances, performance-linked pay, and increments.
Q6. What is the contract duration for these positions?
Answer: The initial contract period is 5 years, which is renewable for an additional 4 years based on performance and bank’s requirements, making it potentially 9 years total.
Q7. Can I apply for more than one post?
Answer: Yes, candidates can apply for multiple posts if they fulfill the eligibility criteria for each position separately. However, separate applications with fees must be submitted for each post.
Q8. What are the preferred qualifications for these posts?
Answer: While graduation is mandatory, candidates with MBA in Banking/Finance/Marketing or professional certifications like NISM (V-A, XXI-A), CFP, or CFA will be given preference.
Q9. Is there any age relaxation available?
Answer: Yes, age relaxation is available as per Government of India guidelines: 5 years for SC/ST, 3 years for OBC, and 10 years for PwBD candidates (General category).
Q10. Where will I be posted if selected?
Answer: Selected candidates may be posted anywhere across India in any of the 17 SBI circles based on the bank’s administrative requirements. Transfer requests to specific locations will not be entertained.
Q11. How will the final selection be made?
Answer: Final selection will be based entirely on interview performance. The merit list will be prepared in descending order based on scores obtained in the interview (100 marks).
Q12. Do I need to submit NOC from my current employer?
Answer: Yes, candidates currently employed in Government/Quasi-Government offices, Public Sector Undertakings, Nationalized Banks, or Financial Institutions must submit a No Objection Certificate at the time of interview.
Q13. What documents do I need to upload during online application?
Answer: You need to upload: recent photograph, signature, detailed resume, ID proof, date of birth proof, educational certificates, experience certificates, latest salary slip/offer letter, caste certificate (if applicable), PwBD certificate (if applicable), and NOC (if currently employed in govt./PSU).
Q14. Can teaching experience be counted as relevant experience?
Answer: No, teaching and training experience will NOT be counted for determining eligibility for these positions.
Q15. Will I get reimbursement for interview travel?
Answer: Yes, shortlisted outstation candidates will be reimbursed airfare (economy class) for the shortest route, maximum Rs. 10,000 (to-and-fro) or actual travel cost, whichever is lower, upon submission of original tickets/boarding pass.
Conclusion
The SBI Specialist Cadre Officer Recruitment 2026 presents a remarkable opportunity for banking and finance professionals to join India’s most prestigious financial institution. With 1146 vacancies, attractive compensation packages reaching up to ₹44.70 Lakhs per annum, and no written examination requirement, this recruitment drive is designed to attract experienced talent in wealth management.
The extended application deadline of January 10, 2026, provides candidates with adequate time to prepare and submit their applications. However, interested candidates should not wait until the last moment and should apply as soon as possible to avoid any technical difficulties.
This is more than just a job opportunity – it’s a chance to build a rewarding career with India’s largest bank, recognized globally for its excellence in banking services. The contract-based positions offer job security, professional growth, and the opportunity to work with high-net-worth clients while being part of a prestigious organization.
Don’t miss this golden opportunity! Apply now before January 10, 2026, and take the first step toward a fulfilling career in wealth management with the State Bank of India.
Disclaimer
This article is based on the official SBI notification and publicly available information as of January 2026. Candidates are strongly advised to:
- Visit the official SBI website for the most current and accurate information
- Download and read the complete official notification PDF carefully
- Verify all details before submitting their application
- Check for any updates or corrigendum on the official website regularly
The author and publisher are not responsible for any inadvertent errors or omissions. For authoritative information, always refer to the official SBI notification and website.
For More Updates:
- Official Website: https://bank.sbi/careers/current-openings
- Apply Online: https://recruitment.sbi.bank.in/crpd-sco-2026-26-17/apply
- Contact: For queries, use the “Contact Us” link available on the SBI careers page
All the Best for Your Application! 🎯
Last Updated: January 3, 2026
Source: State Bank of India Official Website | Advertisement No. CRPD/SCO/2026-26/17
