State Bank of India Recruitment 2026 – 207 Specialist Cadre Officers
State Bank of India has announced the recruitment of 207 Specialist Cadre Officers across 17 circles nationwide to strengthen its Wealth Management vertical. Candidates with a graduate or postgraduate degree and significant experience in banking or finance are eligible to apply online. The selection process involves shortlisting followed by an interview and CTC negotiation. The application window is open from September 4, 2026, to September 25, 2026.
State Bank of India (SBI), has announced recruitment for Specialist Cadre Officers (SCO), with 207 vacancies, open to candidates with Graduate/PG in Finance/Marketing/Banking/Economics/CA/CFA with 3 to 15 years of relevant post-qualification experience., Last date to apply is 25-Sep-2026. Pay scale: CTC ranges from ₹27.10 Lakhs to ₹97.00 Lakhs per annum depending on the post..
| Organisation | State Bank of India (SBI) |
|---|---|
| Post Name | Specialist Cadre Officers (SCO) |
| Total Vacancies | 207 |
| Last Date | |
| Qualification | Graduate/PG in Finance/Marketing/Banking/Economics/CA/CFA with 3 to 15 years of relevant post-qualification experience. |
| Salary / Pay Scale | CTC ranges from ₹27.10 Lakhs to ₹97.00 Lakhs per annum depending on the post. |
| Category | Bank Jobs·Central Government Jobs |
| District | All Districts |
SBI Specialist Cadre Officers (SCO) Vacancy Details
| Post | Total Vacancies | Qualification |
|---|---|---|
| Zonal Head (Retail) | 1 | Graduate (MBA/CFP/CFA/NISM preferred) |
| Regional Head (RH) | 5 | Graduate (MBA/CFP/CFA/NISM preferred) |
| Relationship Manager–Team Lead | 24 | Graduate (MBA/CFP/CFA/NISM preferred) |
| Investment Specialist (IS) | 9 | PG in Finance/CA/CFA |
| Investment Officer (IO) | 4 | PG in Finance/CA/CFA |
| VP Wealth | 91 | Graduate (MBA/NISM/CFP/CFA preferred) |
| AVP Wealth | 73 | Graduate (PG/NISM/CFP/CFA preferred) |
Eligibility Criteria for Specialist Cadre Officers
Candidates must possess a Degree or Postgraduate degree as specified for each post. Mandatory post-qualification experience is required, ranging from 3 to 15 years depending on the role. Experience in wealth management, retail banking, or asset management firms is highly preferred. Teaching or training experience is not considered.
Age Limit & Relaxation
The maximum age limit varies by post, ranging from 35 to 50 years for senior roles and 23 to 42 years for others. Age relaxation is applicable as per Government of India guidelines for reserved categories.
Application Fee
| Category | Fee |
|---|---|
| UR/EWS/OBC | ₹750 |
| SC/ST/PwBD | Exempted |
Salary & Pay Scale
Selected candidates will be offered a competitive CTC ranging from ₹27.10 Lakhs to ₹97.00 Lakhs per annum. The final CTC is negotiable based on experience and current emoluments. Performance-linked pay (0% to 45% of fixed pay) and annual increments are applicable.
Selection Process
Selection will be based on the shortlisting of applications followed by a personal interview. The bank may also conduct a CTC negotiation round for successful candidates.
About State Bank of India
The State Bank of India (SBI), headquartered in Mumbai, is the nation’s largest public sector bank and a cornerstone of the Indian financial system. Tracing its origins back to the Bank of Calcutta founded in 1806, SBI has evolved into a global financial powerhouse under the ownership of the Government of India. As a Fortune 500 company, it operates an extensive network of thousands of branches across the country, including major hubs in Visakhapatnam, Vijayawada, and Tirupati. The bank provides a comprehensive range of services, from retail and corporate banking to specialized wealth management, which is the focus of this current recruitment drive.
Working for SBI is widely considered a prestigious career milestone for finance professionals. The organization offers unparalleled job security, competitive compensation packages, and a dynamic work environment that encourages professional growth. As a Specialist Cadre Officer (SCO), candidates are integrated into a high-performance culture where they manage complex financial portfolios, lead teams, and contribute directly to the bank’s strategic goals in the wealth management sector. The bank’s institutional reputation provides employees with a robust platform to build expertise in capital markets, investment advisory, and retail banking leadership. For those looking to make a significant impact in the Indian banking landscape, SBI offers a unique blend of traditional stability and modern financial innovation. The bank’s commitment to digital transformation and customer-centric service ensures that its officers remain at the forefront of the industry, gaining exposure to global best practices and sophisticated financial tools. Joining SBI means becoming part of an institution that is synonymous with trust, reliability, and the economic progress of India.
How to Apply for SBI SCO Recruitment 2026
- Visit the official SBI Careers website.
- Navigate to the ‘Current Openings’ section.
- Register and fill out the online application form.
- Upload necessary documents (Educational certificates, experience letters, ID proof).
- Pay the application fee online.
- Submit the application and print the confirmation page.
Important Dates
| Event | Date |
|---|---|
| Start of Online Registration | 04-09-2026 |
| Last Date for Registration | 25-09-2026 |
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Important Links
| Link | URL |
|---|---|
| Download Our App | Click Here |
| Best APPSC Books | Click Here |
| Official Notification | Click Here |
| Apply Online | Click Here |
| Join Our Telegram Channel – AP Govt Jobs | Get real-time AP govt job updates on Telegram — follow @APGovtJobsNet |
| Official Website | Click Here |
Frequently Asked Questions
Who can apply for the SBI Specialist Cadre Officer 2026 recruitment?
Candidates holding a Graduate or Postgraduate degree in Finance, Banking, or related fields with 3 to 15 years of relevant post-qualification experience in wealth management or banking are eligible to apply.
What is the salary range for the SBI SCO posts?
The annual CTC is negotiable and ranges from ₹27.10 Lakhs for an Investment Officer to ₹97.00 Lakhs for a Zonal Head (Retail), depending on experience and posting location.
What is the selection process for SBI SCO 2026?
The selection process consists of shortlisting candidates based on their qualifications and experience, followed by a personal interview and CTC negotiation.
Is SBI a Central Government organization?
Yes, the State Bank of India is a public sector bank owned by the Government of India. It operates under the regulatory framework of the Reserve Bank of India and the Ministry of Finance.