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State Bank of India has released the SBI SCO Recruitment 2026 notification for 207 Specialist Cadre Officer vacancies under Advertisement No. CRPD/SCO/2026-27/23. The vacancies are for Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. The online application process started on September 4, 2026, and eligible candidates can apply till September 25, 2026. All the posts under this recruitment are offered on a contract basis.

Candidates with relevant experience in banking, wealth management, relationship management, investment advisory and related fields should check the post-wise eligibility carefully before applying. Importantly, there is no written examination mentioned for this recruitment; selection will be through shortlisting followed by interview and CTC negotiation, wherever applicable.

SBI SO Recruitment 2026 Overview

The key details of the SBI Specialist Officer Recruitment 2026 are provided below for quick reference.

ParticularsDetails
OrganizationState Bank of India
RecruitmentSBI Specialist Cadre Officers Recruitment 2026
Advertisement No.CRPD/SCO/2026-27/23
Total Vacancies207
PostsZonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth, AVP Wealth
Job TypeContract Basis
Application Start DateSeptember 4, 2026
Last Date to ApplySeptember 25, 2026
Selection ProcessShortlisting and Interview
Interview Marks100 Marks
Application ModeOnline
Official Websitesbi.bank.in
Place of PostingVarious circles/locations across India

SBI SCO Notification 2026 Out

The SBI SCO Notification 2026 was released on September 4, 2026, for the engagement of Specialist Cadre Officers on a contract basis. SBI has announced 207 vacancies across seven posts, with VP Wealth and AVP Wealth accounting for the highest number of openings.

Candidates can apply for more than one post, provided they meet the eligibility requirements prescribed for each post. SBI has also stated that merely meeting the minimum qualification and experience requirements does not guarantee shortlisting for an interview.

SBI SCO Recruitment 2026 Important Dates

EventDate
SBI SCO Notification Release DateSeptember 4, 2026
SBI SCO Apply Online Start DateSeptember 4, 2026
Last Date to Apply OnlineSeptember 25, 2026
Last Date for Fee PaymentSeptember 25, 2026
Interview DateTo be announced

Candidates should submit their application well before the September 25 deadline rather than waiting until the final day.

SBI SCO Vacancy 2026

How many vacancies are available in SBI SCO Recruitment 2026? SBI has announced a total of 207 Specialist Cadre Officer vacancies across seven wealth management-related posts.

The post-wise SBI SCO Vacancy 2026 distribution is given below.

PostTotal VacanciesAge Limit
Zonal Head (Retail)135–50 Years
Regional Head535–50 Years
Relationship Manager-Team Lead2428–42 Years
Investment Specialist928–42 Years
Investment Officer428–40 Years
VP Wealth9126–42 Years
AVP Wealth7323–35 Years
Total207

The age limits are calculated as on August 31, 2026. Upper-age relaxation for reserved categories will be applicable according to Government of India guidelines.

SBI SCO Circle-Wise Vacancy 2026

For Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth, SBI has distributed vacancies across several circles.

CircleRM Team LeadInvestment SpecialistInvestment OfficerVP WealthAVP Wealth
Amaravati20000
Bengaluru2012820
Bhopal11034
Bhubaneshwar10100
Chandigarh10000
Chennai00062
Gandhinagar10120
Guwahati20000
Hyderabad11190
Jaipur01078
Kolkata110116
Lucknow20004
Maharashtra11000
Mumbai Metro01000
New Delhi4201816
Patna20000
Thiruvananthapuram310713
Total24949173

Candidates applying for these five posts must provide three different circle preferences in the application form. SBI has stated that requests for changing circle preference will not be entertained later.

SBI SCO Eligibility Criteria 2026

The SBI SCO eligibility criteria differ according to the post. Candidates must possess the required educational qualification and post-qualification experience as on August 31, 2026.

SBI SCO Educational Qualification and Experience

PostMinimum QualificationRequired Experience
Zonal HeadGraduateMinimum 15 years in Wealth Management/Retail Banking/AMCs, including at least 5 years leading a large team
Regional HeadGraduateMinimum 12 years in relationship management, preferably wealth management, including 5+ years leading a large team
Relationship Manager-Team LeadGraduateMinimum 8 years in relationship management, preferably wealth management
Investment SpecialistPG Degree/PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science, or CA/CFAMinimum 6 years as investment advisor/counsellor/officer/product team member in Wealth Management Firms/AMCs
Investment OfficerRelevant PG Degree/PG Diploma or CA/CFAMinimum 4 years of relevant post-qualification experience
VP WealthGraduate6 years in sales and marketing with banks, wealth management firms or AMCs
AVP WealthGraduate3 years in sales and marketing with eligible banks/wealth firms/AMCs; separate provision applies to eligible SBI Wealth CREs

Qualifications such as MBA, CFP, CFA and relevant NISM certifications are preferred for several posts. Candidates should refer to the detailed SBI notification before deciding their eligibility because experience requirements are post-specific.

Important: SBI specifically states that teaching and training experience will not be counted for eligibility, and experience of less than six months in an organization will also not be considered.

SBI SO Salary 2026

The SBI SO salary under this recruitment is offered as an annual CTC package. Depending on the post, the upper CTC range varies from ₹27.10 lakh to ₹97 lakh per annum.

PostCTC Upper Range
Zonal Head (Retail)₹97.00 Lakh
Regional Head₹66.40 Lakh
Relationship Manager-Team Lead₹51.80 Lakh
Investment Specialist₹44.50 Lakh
Investment Officer₹27.10 Lakh
VP Wealth₹44.70 Lakh
AVP Wealth₹30.20 Lakh

The annual CTC is negotiable and will depend on factors such as the candidate’s experience, current compensation and place of posting. Performance Linked Pay and annual increments are also applicable according to the Bank’s policy.

SBI SO Contract Period

Selected candidates will initially be engaged for 5 years. The contract may be renewed for another 4 years at SBI’s discretion, subject to applicable conditions.

Therefore, candidates should note that the vacancies announced through Advertisement No. CRPD/SCO/2026-27/23 are contractual positions rather than regular SBI officer appointments.

SBI SO Selection Process 2026

What is the SBI SO selection process in 2026? The selection process consists of shortlisting followed by one or more rounds of Personal, Telephonic or Video Interview and CTC negotiation.

There is no written examination specified in the official notification for these posts.

The selection stages are:

  1. Shortlisting: SBI’s Shortlisting Committee will decide the parameters and shortlist an adequate number of eligible candidates.
  2. Interview: The interview carries 100 marks, while qualifying marks will be decided by SBI.
  3. CTC Negotiation: Compensation negotiation will take place with candidates during or after the interview process.
  4. Final Merit List: The merit list will be prepared in descending order based only on interview scores.

If two or more candidates obtain the same marks at the cut-off point, the older candidate will be placed higher in the merit list.

SBI SO Application Fee 2026

The category-wise application fee is:

CategoryApplication Fee
UR/OBC/EWS₹750
SC/ST/PwBDNo Fee

The fee is non-refundable and must be paid through the online payment gateway using Internet Banking, Debit Card, Credit Card or other supported payment methods.

SBI SO Apply Online 2026

The SBI SO Apply Online 2026 process is active from September 4 to September 25, 2026. Candidates should carefully verify the entered information before final submission because SBI states that corrections will not be permitted after the application is finally submitted.

How to Apply for SBI SO Recruitment 2026?

Follow these steps to submit the SBI Specialist Officer application:

  1. Visit the official SBI Careers website.
  2. Open the Current Openings section.
  3. Find Engagement of Specialist Cadre Officers on Contract Basis – Advertisement No. CRPD/SCO/2026-27/23.
  4. Click on the Apply Online link.
  5. Complete the registration process.
  6. Enter personal, educational and professional details.
  7. Upload the prescribed photograph, signature and supporting documents.
  8. Pay the application fee, if applicable.
  9. Review all details carefully before final submission.
  10. Submit the application and retain a printout for future reference.

Documents Required for SBI SO Application Form

Candidates are required to upload documents including:

  • Recent photograph
  • Signature
  • Brief resume
  • ID proof
  • PAN card
  • Educational certificates and mark sheets
  • Experience certificates
  • PwBD certificate, if applicable
  • Form 16/offer letter/latest salary slip
  • NOC, if applicable
  • Bio-data and CTC format

Except for the photograph and signature, the notification specifies that documents should generally be uploaded in PDF format and should not exceed the prescribed file-size limit.

Important Points About SBI SO Recruitment 2026

Candidates considering this recruitment should particularly note that the 207 vacancies are for experienced professionals and not entry-level Specialist Officer positions. Relevant post-qualification experience is mandatory for all seven roles.

Also, SBI allows candidates to apply for more than one post if they satisfy the eligibility criteria. However, fulfillment of minimum eligibility does not automatically guarantee an interview call. The Bank’s shortlisting committee will decide the parameters used to shortlist candidates.

SBI SO Recruitment 2026 FAQs

How many vacancies are announced under SBI SO Recruitment 2026?

SBI has announced 207 vacancies for Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.

What is the last date to apply for SBI SO Recruitment 2026?

The last date to submit the SBI SO online application and pay the applicable fee is September 25, 2026.

When did SBI SO Apply Online 2026 start?

The SBI SO online registration process started on September 4, 2026.

Is there an exam for SBI SO Recruitment 2026?

No written examination is mentioned for Advertisement No. CRPD/SCO/2026-27/23. Candidates will be shortlisted and then called for one or more rounds of Personal, Telephonic or Video Interview.

What are the interview marks for SBI SO 2026?

The SBI SO interview carries 100 marks. SBI will decide the minimum qualifying marks.

What is the SBI SO salary in 2026?

The upper annual CTC ranges from ₹27.10 lakh for Investment Officer to ₹97 lakh for Zonal Head, depending on the post.

Are SBI SO 2026 vacancies permanent?

No. The 207 vacancies announced through this notification are for Specialist Cadre Officers on a contract basis. The initial contract is for five years and may be renewed for another four years at SBI’s discretion.

Can candidates apply for more than one SBI SO post?

Yes. SBI specifically allows candidates to apply for more than one post, provided they meet all eligibility requirements for each post.

Conclusion

The latest SBI SO Recruitment 2026 provides 207 Specialist Cadre Officer opportunities for experienced professionals in wealth management, relationship management and investment-related roles. With annual CTC packages reaching up to ₹97 lakh and selection based on shortlisting and interview rather than a written examination, candidates who meet the experience requirements should review the notification and submit their applications before September 25, 2026.

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