SBI Specialist Cadre Officer Recruitment 2026 for 207 SCO Posts
State Bank of India — Central Recruitment & Promotion Department
📅 State Bank of India Specialist Cadre Officer (SCO) Important Dates
| Application Start | 04 Sep 2026 |
|---|---|
| Last Date to Apply |
25 Sep 2026
|
📋 State Bank of India Specialist Cadre Officer (SCO) Eligibility & Overview
| Post Name | Specialist Cadre Officer (SCO) |
|---|---|
| Total Vacancies | 207 |
| Qualification | Graduate from a Government-recognized University/Institution. Post Graduate Degree/Diploma or CA/CFA required for some posts. |
| Age Limit | Minimum 23 years, Maximum 50 years (varies by post). Age relaxation applicable for reserved categories as per GOI rules. |
| Salary | Annual CTC ranges from ₹27.10 Lakhs to ₹97.00 Lakhs, negotiable, plus Performance Linked Pay. |
| Application Fee | ₹750 for UR/EWS/OBC candidates. SC/ST/PwBD candidates are exempted. |
| Selection Process | Shortlisting based on eligibility, followed by Interview and CTC negotiation. |
Interactive Age & Eligibility Checker
Prescribed Age: 18–50 Years (As on 25 Sep 2026)
7th Pay Commission In-Hand Salary Explainer
Pay Level 4 (Grade Pay ₹2,400) • Starting Basic: ₹25,500/month
📝 State Bank of India Specialist Cadre Officer (SCO) Detailed Notification Guide
SBI SCO Recruitment 2026: Apply Online for 207 Specialist Cadre Officer Posts
The State Bank of India (SBI) has announced a significant recruitment drive for Specialist Cadre Officers (SCO) within its Wealth Management vertical. Under Advertisement No. CRPD/SCO/2026-27/23, SBI is inviting online applications from eligible Indian citizens for 207 tentative vacancies on a contract basis. This is a crucial opportunity for experienced professionals seeking roles such as Zonal Head (Retail), Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth across 17 SBI Circles nationwide.
Candidates meeting the specified graduate-level educational qualifications and extensive post-qualification experience criteria can submit their applications online through the official SBI careers portal. The application window is open from September 04, 2026, to September 25, 2026. Selection will be based on shortlisting followed by an interview process and CTC negotiation.
SBI SCO Recruitment 2026 Overview
| Particulars | Details |
|---|---|
| Recruiting Authority | State Bank of India (SBI), Central Recruitment & Promotion Department |
| Advertisement Number | CRPD/SCO/2026-27/23 |
| Post Names | 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) |
| Application Mode | Online Only |
| Application Fee | ₹750 (UR/EWS/OBC), Exempted for SC/ST/PwBD |
| Application Start Date | 04 September 2026 |
| Last Date to Apply | 25 September 2026 |
| Job Location | Pan-India (Across 17 SBI Circles) |
| Official Website | sbi.bank.in/web/careers/current-openings |
Important Dates for SBI SCO 2026 Application
| Event | Date |
|---|---|
| Start Date for Online Registration & Fee Payment | 04 September 2026 |
| Last Date for Online Registration & Fee Payment | 25 September 2026 |
SBI SCO Vacancy Details 2026 - Post-Wise & Category-Wise
SBI has notified a total of 207 tentative vacancies. The distribution across different Specialist Cadre Officer posts and categories (SC, ST, OBC, EWS, UR) is detailed below. These vacancies are indicative, and SBI reserves the right to transfer selected officers as per service exigencies.
| Post Name | 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 |
| Grand Total | 207 |
Note: These totals include both Regular and Backlog vacancies. Horizontal reservations for Persons with Benchmark Disabilities (PwBD) are also applicable as per government norms and detailed in the official advertisement.
Circle-Wise Vacancy Distribution for Select Posts
Candidates applying for Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth posts must indicate three preferred Circles during the application process. Changes to Circle preference will not be entertained later.
| 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
Candidates must ensure they meet both the educational qualification and post-qualification experience criteria as of August 31, 2026.
1. Educational Qualification (Mandatory)
| Post Name | Educational Qualification |
|---|---|
| Zonal Head (Retail) | Graduate from a Government-recognized University/Institution. (MBA in Banking/Finance/Marketing and CFP/CFA/NISM certifications preferred) |
| Regional Head (RH) | Graduate. (MBA and CFP/CFA/NISM certifications preferred) |
| Relationship Manager–Team Lead | Graduate. (MBA and CFP/CFA/NISM certifications preferred) |
| Investment Specialist (IS) | PG Degree/Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, or Actuarial Science, or CA/CFA. |
| Investment Officer (IO) | PG Degree/Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, or Actuarial Science, or CA/CFA. |
| VP Wealth | Graduate. (MBA and NISM V-A/XXI-A/CFP/CFA preferred) |
| AVP Wealth | Graduate. (PG in Finance/Marketing/Banking preferred; NISM V-A/XXI-A/CFP/CFA preferred) |
2. Post-Qualification Experience (Mandatory)
| Post Name | Minimum Experience |
|---|---|
| Zonal Head (Retail) | 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) | 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 | Minimum 8 years in relationship management, preferably in wealth management; experience as a Team Lead preferred. |
| Investment Specialist (IS) | Minimum 6 years of post-qualification experience as an investment advisor/counsellor/officer/product-team member in Wealth Management Firms/AMCs. |
| Investment Officer (IO) | Minimum 4 years of post-qualification experience as an investment advisor/counsellor/officer/product-team member in Wealth Management Firms/AMCs. |
| VP Wealth | 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 | 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. |
Note: Teaching and training experience will not be counted. Experience of less than six months in any organization will not be considered.
SBI SCO Age Limit (as on 31.08.2026)
| Post Name | Minimum Age | Maximum Age |
|---|---|---|
| Zonal Head (Retail) | 35 years | 50 years |
| Regional Head (RH) | 35 years | 50 years |
| Relationship Manager–Team Lead | 28 years | 42 years |
| Investment Specialist (IS) | 28 years | 42 years |
| Investment Officer (IO) | 28 years | 40 years |
| VP Wealth | 26 years | 42 years |
| AVP Wealth | 23 years | 35 years |
The maximum age limits mentioned are for Unreserved category candidates. Age relaxation will be provided to reserved category candidates (SC/ST/OBC/PwBD) as per the Government of India guidelines.
Salary and Contract Period
The annual Cost to Company (CTC) for Specialist Cadre Officers is negotiable and will depend on the candidate's experience, current emoluments, and place of posting. In addition to the fixed CTC, all posts are eligible for Performance Linked Pay (ranging from 0% to 45% of Fixed Pay) and an Annual Increment Band, based on the Bank's performance rating policy.
| Post Name | 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 |
The initial contract period for these positions is 5 years. This contract may be renewed for another 4 years at the Bank's discretion. The contract can be terminated by either party with 2 months' notice or payment/surrender of 2 months' compensation in lieu.
SBI SCO Application Fee 2026
The application fee and intimation charges are non-refundable and must be paid online:
- UR/EWS/OBC Candidates: ₹750
- SC/ST/PwBD Candidates: Exempted from fee payment
Fees must be paid through the online payment gateway using Debit Card, Credit Card, or Internet Banking. Once paid, the fee will not be refunded or adjusted under any circumstances.
SBI SCO Selection Process 2026
The selection process for Specialist Cadre Officers involves the following stages:
- Shortlisting: Candidates will be shortlisted based on their educational qualifications, experience, and other eligibility parameters as decided by the Bank's shortlisting committee. Mere fulfillment of minimum criteria does not guarantee an interview call.
- Interview: Shortlisted candidates will undergo one or more rounds of personal, telephonic, or video interviews, carrying a total of 100 marks. The qualifying marks for the interview will be decided by the Bank.
- CTC Negotiation: Candidates who qualify in the interview stage will have their Cost to Company (CTC) negotiated individually, either during or after the interview process.
A merit list will be prepared solely based on the scores obtained in the interview, in descending order. In case of a tie at the cut-off mark, candidates will be ranked by age in descending order.
How to Apply Online for SBI Specialist Cadre Officer Recruitment 2026
Follow these steps to successfully apply for the SBI SCO positions:
- Access Official Portal: Visit the SBI careers page at sbi.bank.in/web/careers/current-openings.
- Download Notification: Locate and download the detailed advertisement, CRPD/SCO/2026-27/23, and read it thoroughly to understand all eligibility criteria and instructions.
- Online Registration: Click on the "Apply Online" link for this recruitment. Register using a valid email ID and mobile number, which should remain active until the declaration of results.
- Upload Documents: Scan and upload your latest passport-size photograph and signature as per the specifications provided in the notification. The application will not be registered without these. Also, upload all relevant documents including your resume/CV, ID proof, age proof, caste certificate (if applicable), PwBD certificate (if applicable), educational qualification certificates/marksheets, and experience certificates.
- Fill Application Form: Complete the online application form carefully, ensuring all details are accurate. Note down the system-generated registration number and password for future reference.
- Pay Application Fee: Proceed to pay the application fee online through the integrated payment gateway.
- Print Confirmation: After final submission and successful fee payment, take a printout of the submitted application form and the e-receipt for your records. No changes will be allowed after final submission.
Candidates are strongly advised to apply well before the closing date (September 25, 2026) to avoid any last-minute technical difficulties. There is no need to send hard copies of the application or documents to the Bank.
Required Documents for Application
Candidates must be ready with scanned copies of the following documents:
- Recent passport-size colored photograph (as per specifications)
- Clear scanned signature (as per specifications)
- Valid Government Photo ID (Aadhaar Card, PAN Card, Voter ID, Passport, Driving License)
- Date of Birth Proof (e.g., 10th Class Marksheet/Certificate)
- Educational Qualification Certificates and Marksheets (from matriculation to highest degree)
- Post-qualification Experience Certificates (from all previous employers)
- Category/Caste Certificate (SC/ST/OBC/EWS) if claiming reservation
- Persons with Benchmark Disability (PwBD) Certificate (if applicable)
- Curriculum Vitae (Resume)
Important Instructions & Points to Note
- Candidates may apply for more than one post if they fulfill all eligibility criteria for each specific post.
- Experience in teaching or training will not be considered for eligibility.
- Applicants currently working in Government/Quasi-Government offices, PSUs, Nationalized Banks, Financial Institutions, or SBI Group companies must produce a No Objection Certificate (NOC) from their employer at the time of the interview.
- Candidates who previously received offer letters in earlier Wealth Management & Premier Banking (WBPM) recruitment exercises but did not join, or who resigned after being engaged on contract for similar posts, are debarred from applying for 2 years from the date of non-joining/resignation.
- Call letters and interview advice will be sent exclusively by email; no hard copies will be dispatched.
- All revisions, corrigenda, or updates related to this recruitment will be published solely on the official SBI website.
- SBI reserves the right to cancel the recruitment process entirely or for any specific post at any stage without providing reasons.
- Any legal proceedings arising from this recruitment will fall under the exclusive jurisdiction of courts in Mumbai.
📝 How to Apply for Specialist Cadre Officer (SCO)
❓ State Bank of India Specialist Cadre Officer (SCO) Frequently Asked Questions
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