SBI SCO Recruitment 2026 – Apply Online for 283 Specialist Cadre Officer Posts

SBI SCO Recruitment 2026: State Bank of India (SBI) has released the official notification for SBI Specialist Cadre Officers (SCO) Recruitment 2026 for engagement of Specialist Cadre Officers in the Wealth Management business on a contract basis. Under Advertisement No. CRPD/SCO/2026-27/23, SBI has notified 207 regular vacancies and 76 backlog vacancies, making 283 listed vacancies across seven posts: Zonal Head (Retail), Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. Eligible candidates can submit their applications online from 04 September 2026 to 25 September 2026. The recruitment is primarily aimed at experienced professionals in banking, wealth management, asset management, sales, investment advisory and related fields. The selection process consists of shortlisting, personal/telephonic/video interview and CTC negotiation; there is no written examination mentioned in the notification.

SBI SCO Recruitment 2026 Overview

The notification states that candidates can apply for more than one post if they fulfil the eligibility criteria for each post.

Important Dates

The official advertisement was dated 04 September 2026, and online registration and payment of fees are open from 04 September 2026 to 25 September 2026.

Application Fee

The application fee and intimation charges are non-refundable. UR, EWS and OBC candidates have to pay ₹750, while SC, ST and PwBD candidates are exempted from the fee.

Online payment can be made through the integrated payment gateway using Internet Banking, Debit Card or Credit Card. SBI states that the fee once paid will not be refunded or adjusted against another examination or selection.

Age Limit

The age is calculated as on 31 August 2026.

Since the recruitment covers seven different posts, the minimum and maximum age varies by position.

The age criteria and vacancy table are provided on page 3 of the SBI notification.

Age Relaxation

The maximum age shown in the vacancy table is for Unreserved candidates. SBI states that applicable upper-age relaxation will be provided to eligible reserved categories according to Government of India guidelines.

Educational Qualification

The qualification and experience requirements are different for each Specialist Cadre Officer post. Candidates should carefully match their educational background and professional experience with the particular post before applying.

1. Zonal Head (Retail)

The Zonal Head is responsible for managing wealth-management sales in the allocated zone, increasing Total Relationship Value (TRV) and Assets Under Management (AUM), managing RM teams and acquiring HNI/Affluent customers.

2. Regional Head (RH)

The Regional Head will manage Relationship Managers, Team Leads and Investment Officers and work toward growth in AUM, investment AUM, customer relationships and business targets.

3. Relationship Manager – Team Lead

The role includes managing a team of Relationship Managers, acquiring and developing Affluent/HNI customers, selling investment and insurance products, portfolio review, financial needs analysis and maintaining compliance.

4. Investment Specialist (IS)

The candidate should have good knowledge of investments and markets across asset classes, portfolio management, asset allocation and rebalancing, fixed income, equity and alternative products.

5. Investment Officer (IO)

The Investment Officer assists the Wealth team with investment opinions, financial needs, investment-product presentations, market research, portfolio reviews and client guidance.

6. VP Wealth

The position focuses on Affluent and UHNI/HNI customers, sales, relationship management, AUM growth, investment and insurance products, portfolio review and branch development.

7. AVP Wealth

Strong communication, analytical and interpersonal skills along with financial expertise and a client-centric approach are required.

SBI SCO Vacancy Details 2026

SBI has notified 207 regular vacancies and 76 backlog vacancies.

The vacancy table on page 3 separately identifies regular and backlog vacancies. Therefore, 283 is the combined number of regular and backlog positions, while the regular recruitment vacancies alone total 207.

Category-Wise Vacancy Details

The regular vacancies contain the following category distribution:

The notification also provides horizontal PwBD reservations within the respective parent categories.

Circle-Wise Vacancy Details

For five posts — Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth — candidates are required to select three different SBI Circles while applying.

Important Circle Preference Rule

Candidates applying for the five circle-based posts must provide three different Circle preferences. Repeating the same Circle is not permitted.

SBI states that:

• Three different Circles must be selected.
• Circle preference cannot be changed later.
• If a candidate does not receive the preferred Circle, SBI may consider the candidature for another Circle.
• Posting requests for a specific place may not be entertained.
• SBI reserves the right to transfer officers to other SBI offices, subsidiaries or organisations according to service requirements.

For example, the Chennai Circle has 6 VP Wealth and 2 AVP Wealth regular vacancies, totalling 8 regular vacancies across these two posts.

Suggested Place of Posting

Salary Details

SBI has specified annual CTC upper ranges for the seven posts.

The annual CTC is negotiable and depends on the candidate’s experience, current emoluments and place of posting. The figures are upper ranges rather than guaranteed fixed salaries.

CTC Components

The notification also provides an annual increment band of up to 25% for most posts, while the Regional Head has an increment band of up to 20%.

Contract Period

All selected officers will be engaged on a 5-year contract.

For the Zonal Head post, the contract may be renewed for another four years at SBI’s discretion, subject to fulfilment of conditions stipulated by the Bank.

The contract may be terminated by either side by giving two months’ notice or by payment/surrender of two months’ compensation in lieu of notice.

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Leave

Officers engaged on contract are entitled to 30 days of leave during a financial year, which will be granted by SBI for genuine and appropriate reasons.

Selection Process

The SBI SCO Wealth Management Recruitment 2026 selection process consists of:

• Shortlisting
• Personal / Telephonic / Video Interview
• CTC Negotiation
• Final Merit List

There is no written examination mentioned in the notification.

Shortlisting

Meeting the minimum qualification and experience requirements does not automatically guarantee an interview.

SBI’s shortlisting committee will determine the parameters and shortlist an adequate number of candidates based on qualification, suitability and experience.

Interview

The interview carries 100 marks.

The qualifying marks will be decided by SBI.

CTC Negotiation

CTC negotiation will be conducted individually with candidates either during the interview or after completion of the interview process.

Merit List

The final merit list will be prepared in descending order based on interview scores only.

If two or more candidates obtain the same cut-off score, the candidate who is older will be ranked higher.

Experience Verification

SBI may verify professional experience through documents such as:

• Experience certificate issued by employer
• Annual performance appraisal letters
• Appointment and relieving letters
• Offer letter and Income Tax Returns
• Other authentic documents supporting the claimed experience

Experience of less than six months in any organisation will not be considered for eligibility, and teaching/training experience will not be counted.

Important Reservation Information

Candidates claiming OBC reservation must belong to the Non-Creamy Layer category and submit the prescribed Government of India certificate.

The notification states that the OBC-NCL certificate should be issued during the specified period from 01.04.2026 to the date of interview, if called.

EWS candidates must possess the prescribed Income & Asset Certificate for the relevant financial year before the closing date of the online application.

PwBD reservation is horizontal and is included within the respective parent category vacancies.

Who Can Apply for SBI SCO Wealth Management Recruitment?

This recruitment is mainly suitable for experienced professionals rather than fresh graduates.

Candidates with backgrounds such as:

• Banking
• Wealth Management
• Retail Banking
• Asset Management Companies
• Investment Advisory
• Relationship Management
• Sales & Marketing
• Portfolio Management
• Investment Products
• Financial Services

may find relevant positions, provided they satisfy the specific qualification and experience requirements.

The experience requirement ranges from 3 years for AVP Wealth to 15 years for Zonal Head, depending on the post.

How to Apply SBI SCO Recruitment 2026?

1. Visit the official SBI Careers website.
2. Go to the Current Openings section.
3. Find Advertisement No. CRPD/SCO/2026-27/23.
4. Read the complete notification carefully.
5. Click Apply Online.
6. Register yourself using the required details.
7. Fill in personal, educational and professional experience details.
8. Select the eligible post or posts.
9. For the five Circle-based posts, select three different Circle preferences where applicable.
10. Upload the required documents.
11. Upload your photograph and signature in the prescribed format.
12. Pay the applicable application fee.
13. Preview the complete application.
14. Submit the application before 25 September 2026.
15. Download and retain the system-generated application form and e-receipt.

SBI specifically advises candidates to keep their email ID active because interview call letters/advice will be communicated through email or uploaded on the Bank’s website.

Required Documents

Candidates should keep the following documents ready before starting the application:

• Recent passport-size photograph
• Signature
• Brief Resume
• ID Proof
• PAN Card
• Educational certificates
• Relevant mark sheets
• Degree certificate
• Experience certificates
• Latest salary slip
• Form-16 / Offer Letter, where applicable
• PwBD certificate, if applicable
• No Objection Certificate, if applicable
• Bio-data
• CTC format
• Category certificate, where applicable
• EWS Income & Asset Certificate, where applicable
• OBC-NCL certificate, where applicable

SBI specifically requires relevant documents including resume, ID proof, age proof, caste certificate, PwBD certificate, educational certificates, experience details and biodata for consideration during shortlisting/interview.

Document Upload Specifications

The photograph should be a recent passport-style colour photograph with a light-coloured, preferably white, background. The signature must be made by the applicant using black ink on white paper and should not be in capital letters.

Important Instructions

Candidates should carefully note the following points before applying:

• Candidates can apply for more than one post if they satisfy the eligibility conditions.
• SBI will not send a hard copy of the interview call letter.
• Interview communication will be through email or the SBI website.
• Mere fulfilment of eligibility does not guarantee an interview.
• Original documents will be verified at the interview/joining stage.
• Government/PSU/bank employees may need to produce an NOC.
• SBI Group company employees must produce an NOC while applying.
• False information or suppression of facts can lead to cancellation and legal action.
• Candidates with adverse character/antecedent reports may be disqualified.
• SBI can cancel the recruitment for any post or the entire process.
• The Bank can transfer contract officers to other SBI offices, subsidiaries or organisations based on service requirements.
• Requests for posting at a particular place may not be accepted.

Previous SBI Wealth Management Candidates

The notification contains specific restrictions for certain candidates who participated in earlier Wealth Management & Premier Banking recruitment exercises.

Candidates who received an offer in an earlier recruitment but did not join can be debarred from applying for two years from the date of non-joining.

Similarly, candidates who were previously engaged on contract for the posts covered by this advertisement and later resigned may be debarred from applying for two years from the date of resignation.

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