State Bank of India (SBI) has released the official notification for SBI SCO Recruitment 2026 for 207 Specialist Cadre Officer posts under the Wealth Management vertical. Eligible candidates can submit their applications online from 4 September 2026 to 25 September 2026.
The recruitment is being conducted on a contract basis for 5 years, with the possibility of renewal for another 4 years at the discretion of SBI. The vacancies are available across 17 SBI circles for posts including Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.
Candidates should note that the educational qualification, age limit and work experience requirements vary according to the post. All eligibility conditions will be calculated as on 31 August 2026.
SBI SCO Recruitment 2026: Key Highlights
| Particulars | Details |
|---|---|
| Organization | State Bank of India (SBI) |
| Recruitment | SBI SCO Recruitment 2026 |
| Advertisement No. | CRPD/SCO/2026-27/23 |
| Post Name | Specialist Cadre Officers |
| Total Vacancies | 207 |
| Department | Wealth Management |
| Job Type | Contract Basis |
| Contract Period | 5 Years |
| Application Mode | Online |
| Application Start Date | 4 September 2026 |
| Last Date to Apply | 25 September 2026 |
| Eligibility Date | 31 August 2026 |
| Salary | ₹27.10 Lakh to ₹97.00 Lakh Annual CTC |
| Official Website | SBI Careers |
SBI SCO Recruitment 2026: Important Dates
Candidates interested in the SBI Specialist Cadre Officer Recruitment should keep the following dates in mind:
| Event | Date |
|---|---|
| Online Application Starts | 4 September 2026 |
| Last Date to Apply Online | 25 September 2026 |
Candidates are advised not to wait until the final date to complete the application because the form submission and fee payment process must be completed within the prescribed deadline.
SBI SCO Vacancy 2026
SBI has announced a total of 207 tentative vacancies for seven different Specialist Cadre Officer positions. The vacancies include regular as well as backlog positions.
| Post | 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 |
| Total | 39 | 30 | 65 | 11 | 62 | 207 |
The number of vacancies is tentative and may be modified by SBI depending on the Bank’s requirements.
SBI SCO Circle-Wise Vacancy 2026
Candidates applying for Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth positions need to provide preferences for three different SBI circles.
Once the application is submitted, the selected circle preferences cannot be changed.
| SBI 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 |
If SBI cannot allot a candidate’s preferred circle, the Bank may consider the candidate for another circle according to its requirements.
SBI SCO Recruitment 2026: Application Fee
The application fee for SBI SCO Recruitment is different according to the candidate’s category.
| Category | Application Fee |
|---|---|
| UR/EWS/OBC | ₹750 |
| SC/ST/PwBD | No Fee |
The fee includes applicable application/intimation charges and is non-refundable.
Candidates can pay the fee online using:
- Debit Card
- Credit Card
- Internet Banking
Once the payment has been completed, the amount cannot be refunded or adjusted against another recruitment.
SBI SCO Age Limit 2026
The minimum and maximum age requirements vary according to the post. The age will be calculated as on 31 August 2026.
| Post | 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 mentioned above applies to Unreserved candidates. Relaxation in the upper age limit will be available to eligible reserved-category candidates according to applicable Government of India rules.
SBI SCO Eligibility Criteria 2026
The educational qualification and professional experience required for SBI SCO posts differ from one position to another.
| Post | Educational Qualification | Required Experience |
|---|---|---|
| Zonal Head (Retail) | Graduation from a recognized university/institution | 15 years in Wealth Management/Retail Banking/AMCs, including 5 years leading a large RM/Team Lead team |
| Regional Head (RH) | Graduation | 12+ years in relationship management, preferably wealth management, including 5 years in a leadership role |
| Relationship Manager – Team Lead | Graduation | 8 years in relationship management, preferably wealth management |
| Investment Specialist (IS) | Relevant PG Degree/Diploma or CA/CFA | 6 years in investment advisory/wealth management/AMCs |
| Investment Officer (IO) | Relevant PG Degree/Diploma or CA/CFA | 4 years in investment advisory/wealth management/AMCs |
| VP Wealth | Graduation | 6 years in sales and marketing with banks/wealth firms/AMCs |
| AVP Wealth | Graduation | 3 years in sales and marketing or 4 years as SBI Wealth CRE |
MBA, CFP, CFA and NISM qualifications are preferred for several positions, wherever specified in the official notification.
Candidates should also note that teaching or training experience will not be counted for the required experience. Experience of less than six months in an organization will also not be considered for eligibility.
SBI SCO Salary 2026
One of the major attractions of this recruitment is the high CTC offered for Specialist Cadre Officer positions.
The annual CTC is negotiable and varies according to the post, candidate’s experience and other relevant factors.
The indicative annual CTC ranges from:
₹27.10 Lakh to ₹97.00 Lakh per annum
Selected candidates may also receive Performance Linked Pay (PLP) ranging from 0% to 45% of Fixed Pay, subject to the applicable terms and conditions.
SBI SCO Contract Period
The Specialist Cadre Officer positions under this recruitment are offered on a 5-year contractual basis.
The contract may be renewed for an additional 4 years, depending on SBI’s requirements and at the Bank’s discretion.
Therefore, candidates should carefully understand the contractual nature of the appointment before applying.
SBI SCO Recruitment Selection Process 2026
The selection process does not include a conventional written examination. SBI will follow a process based on shortlisting and interviews.
The major stages are:
- Shortlisting of applications
- Personal/Telephonic/Video Interview
- CTC Negotiation
- Final Merit List
Shortlisting
Merely fulfilling the minimum eligibility requirements does not guarantee that a candidate will be called for an interview.
SBI’s Shortlisting Committee will determine the parameters and number of candidates to be shortlisted.
Interview
Shortlisted candidates may be assessed through a personal, telephonic or video interview.
The interview will carry 100 marks, while the qualifying marks will be decided by SBI.
CTC Negotiation
Candidates shortlisted after the interview may participate in individual CTC negotiations with the Bank.
Final Merit List
The final merit list will be prepared according to the marks obtained in the interview, with candidates ranked in descending order.
If candidates obtain equal marks at the cut-off level, the older candidate will receive the higher rank.
Documents Required for SBI SCO Application
Candidates should keep the necessary documents ready before starting the online application.
Important documents may include:
- Updated Resume
- Identity Proof
- Age Proof
- Educational Qualification Certificates
- Experience Certificates
- Caste Certificate, if applicable
- PwBD Certificate, if applicable
- Biodata
- Photograph
- Signature
- Other documents mentioned in the official notification
Candidates should ensure that the information entered in the application matches their original documents.
SBI SCO Recruitment 2026: Debarment Rules
Certain candidates may be restricted from applying under this recruitment.
Candidates who previously received an offer letter for Wealth Management posts but did not join, or candidates who resigned from a contractual post under the same recruitment, may be debarred from applying for two years.
Applicants should therefore check the applicable debarment conditions in the official notification before submitting their application.
How to Apply for SBI SCO Recruitment 2026
Eligible candidates can apply online through the SBI recruitment portal.
Follow these steps:
Step 1: Visit the SBI Careers Portal
Go to the official SBI recruitment/careers website.
Step 2: Open the Recruitment Notification
Find SBI SCO Recruitment 2026 – CRPD/SCO/2026-27/23 and carefully read the official advertisement.
Step 3: Register Online
Complete the registration process using the required details and save your registration credentials.
Step 4: Fill Out the Application Form
Enter your personal information, educational details, professional experience and other required information carefully.
Step 5: Upload Documents
Upload the photograph, signature and other documents in the prescribed format.
Step 6: Pay the Application Fee
Pay the applicable fee through the available online payment options.
Step 7: Submit the Application
Review the complete application carefully before submitting it.
Step 8: Save the Application
Download and print the submitted application form and fee payment receipt for future reference.
SBI SCO Recruitment 2026: Important Links
| Particulars | Link |
|---|---|
| Apply Online | Apply Now |
| Official Notification PDF | Download Notification |
| Official SBI Website | Visit Website |
Frequently Asked Questions
What is the total vacancy in SBI SCO Recruitment 2026?
SBI has announced 207 tentative Specialist Cadre Officer vacancies under its Wealth Management vertical.
What is the last date to apply for SBI SCO Recruitment 2026?
The last date to submit the online application and pay the applicable fee is 25 September 2026.
What is the SBI SCO application fee?
UR, EWS and OBC candidates have to pay ₹750. SC, ST and PwBD candidates are exempted from the application fee.
What is the SBI SCO salary?
The annual CTC for the Specialist Cadre Officer positions ranges approximately from ₹27.10 lakh to ₹97 lakh, depending on the post and other factors. The CTC is negotiable.
Is SBI SCO Recruitment 2026 a permanent job?
No. The posts are being offered on a 5-year contractual basis, which may be renewed for another 4 years at SBI’s discretion.
Is there a written examination for SBI SCO Recruitment 2026?
As per the recruitment process, SBI will shortlist candidates and conduct a personal, telephonic or video interview. There is no conventional written examination stage mentioned in the recruitment process.
Can I apply for multiple SBI SCO posts?
Yes. Candidates can apply for more than one post if they independently satisfy the eligibility requirements prescribed for each position.
How many circles can candidates select?
Candidates applying for the applicable posts need to select three different preferred SBI circles. Circle preference cannot be changed after the application is submitted.
Conclusion
The SBI SCO Recruitment 2026 is an important opportunity for experienced professionals looking to work in SBI’s Wealth Management vertical. With 207 vacancies and an annual CTC of up to ₹97 lakh, the recruitment may be particularly attractive to candidates with backgrounds in wealth management, relationship management, investment advisory, banking and financial services.
