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

State Bank of India (SBI) has announced a major recruitment drive for 1,146 Specialist Cadre Officer (SCO) positions under its Wealth Management vertical for the 2026 cycle. This unique opportunity features direct selection without a written examination, with candidates shortlisted based on qualifications and experience, followed by personal interviews. The application deadline has been extended to January 10, 2026, providing eligible candidates additional time to apply for these lucrative banking positions with salaries up to ₹44.7 lakh per annum.

Recruitment Highlights

Vacancy Details

The SBI SCO Recruitment 2026 offers positions across three key levels in the Wealth Management department:

• Vice President Wealth (Senior Relationship Manager): 506 posts

• Assistant Vice President Wealth (Relationship Manager): 206 posts

• Customer Relationship Executive: 284 posts

These vacancies include both regular and backlog positions, with the total count revised upward from the initially announced 996 posts to 1,146 posts based on organizational requirements.

Eligibility Criteria

Educational Qualification

• VP Wealth (SRM): Graduation from a government-recognized university; MBA (Banking/Finance/Marketing) with 60% marks preferred; professional certifications such as NISM V-A, XXI-A, CFP, or CFA are advantageous

• AVP Wealth (RM): Graduation in any discipline from a recognized university

• Customer Relationship Executive: Graduation in any discipline from a recognized university

Professional/Experience Requirements

• VP Wealth (SRM): Minimum 6 years of experience in sales & marketing with leading public/private/foreign banks, wealth management firms, or asset management companies

• AVP Wealth (RM): Minimum 4 years of relevant experience in banking, financial services, or wealth management

• Customer Relationship Executive: Minimum 0-2 years of experience in customer relationship management or financial services (fresh graduates with strong academic records may be considered)

Age Limit (as of 1 May 2025)

• VP Wealth (SRM): 26 to 42 years

• AVP Wealth (RM): 23 to 35 years

• Customer Relationship Executive: 20 to 35 years

Age Relaxation

• SC/ST: 5 years relaxation

• OBC (Non-Creamy Layer): 3 years relaxation

• PWD: 10 years relaxation (General), 13 years (OBC), 15 years (SC/ST)

• Ex-Servicemen: As per government guidelines

Selection Process

The SBI SCO 2026 selection process eliminates the traditional written examination, adopting a direct evaluation methodology:

Stage 1: Shortlisting
SBI will shortlist candidates based on a comprehensive evaluation of educational qualifications, professional certifications, relevant work experience, and overall profile suitability. Meeting minimum eligibility criteria does not guarantee an interview call, as the bank will determine specific shortlisting parameters based on applicant pool quality.

Stage 2: Interview
Shortlisted candidates will undergo personal interviews carrying 100 marks. The interview panel will assess domain expertise, professional competencies, and organizational fit. Qualifying marks will be determined by the bank based on performance benchmarks.

Stage 3: CTC Negotiation
Successful candidates will undergo individual CTC negotiations either during the interview or post-interview process. The final compensation package will be determined based on current emoluments, experience level, and market standards.

Stage 4: Merit List & Provisional Allotment
The final merit list will be prepared based solely on interview scores in descending order. In case of ties at the cutoff level, older candidates will be ranked higher. Provisional allotment will be subject to successful document verification and medical examination.

Salary Structure

The SBI SCO Recruitment 2026 offers highly competitive compensation packages:

• VP Wealth (SRM): ₹15.00 lakh to ₹44.70 lakh per annum (CTC)

• AVP Wealth (RM): ₹10.00 lakh to ₹25.00 lakh per annum (CTC)

• Customer Relationship Executive: ₹6.20 lakh to ₹12.00 lakh per annum (CTC)

Salaries are structured with an 80:20 fixed-to-variable pay ratio. Annual increments of up to 5% of CTC are applicable from the second year, subject to achieving minimum 90% performance appraisal scores. Variable pay is eligible subject to meeting performance benchmarks.

Application Fee

• General/OBC/EWS Candidates: ₹750 (non-refundable)

• SC/ST/PwBD Candidates: Nil (exempted from fee payment)

The application fee must be paid online through debit card, credit card, internet banking, UPI, or other digital payment modes during the application submission process.

Important Dates

How to Apply

Step 1: Access Official Portal
Visit the SBI official website at sbi.co.in and navigate to the "Careers" section, then click on "Current Openings."

Step 2: Locate SCO Recruitment Link
Find and click on the advertisement link for "Specialist Cadre Officers (SCO) Recruitment 2025-26" under Advertisement No. CRPD/SCO/2025-26/17.

Step 3: New User Registration
Click on "New Registration" and provide basic details including name, email ID, mobile number, and date of birth. A provisional registration number and password will be generated and sent to your registered email and mobile number.

Step 4: Complete Application Form
Log in using the credentials and fill the detailed application form with personal information, educational qualifications, professional experience, and post preferences.

Step 5: Upload Required Documents
Upload scanned copies of:

• Recent passport-size photograph (20-50 KB, JPG/JPEG format)

• Signature (10-20 KB, JPG/JPEG format)

• Resume/CV (PDF format)

• Educational certificates and mark sheets

• Experience certificates from previous employers

• Professional certifications (if any)

• Category certificate (if applicable)

• ID proof (Aadhar Card, PAN Card, etc.)

Step 6: Pay Application Fee
Pay the applicable application fee through the integrated payment gateway using online payment methods.

Step 7: Final Submission & Printout
Review all entered details carefully and submit the application. Download and print the completed application form for future reference. Preserve the registration number for all future correspondence.

Important Links

• Official Website: sbi.co.in

• Current Openings Page: sbi.co.in/web/careers/current-openings

• Official Notification PDF: Available on the SBI careers page under Advertisement No. CRPD/SCO/2025-26/17

• Apply Online: Direct link available on SBI careers portal

• Revised Vacancy Corrigendum: Available on official website

Frequently Asked Questions

Q1: How many vacancies are available in SBI SCO Recruitment 2026?
The State Bank of India has announced 1,146 Specialist Cadre Officer positions for its Wealth Management vertical, revised upward from the initially notified 996 posts.

Q2: Is there a written examination for SBI SCO 2026 recruitment?
No, this recruitment features direct selection without any written examination. The process involves shortlisting based on qualifications and experience, followed by personal interviews.

Q3: What is the last date to apply for SBI SCO 2026?
The extended deadline for online application submission is January 10, 2026. Candidates must complete both application form submission and fee payment by this date.

Q4: What is the salary range for SBI SCO positions?
Salaries vary by post: VP Wealth (SRM) can earn up to ₹44.7 lakh per annum, AVP Wealth (RM) up to ₹25 lakh per annum, and Customer Relationship Executives up to ₹12 lakh per annum, all on CTC basis.

Q5: What is the selection process for SBI SCO 2026?
The selection process comprises three stages: (1) Shortlisting based on eligibility criteria and experience, (2) Personal interview carrying 100 marks, and (3) CTC negotiation. Final merit is based on interview scores.

Q6: Can candidates from any state apply for SBI SCO 2026?
Yes, SBI SCO recruitment is open to eligible candidates from across India. However, selected candidates must be willing to be posted anywhere in India as per bank requirements.

Q7: Is prior banking experience mandatory for all SCO posts?
While senior positions (VP Wealth, AVP Wealth) require substantial relevant experience, the Customer Relationship Executive role may consider fresh graduates with strong academic backgrounds. Specific experience requirements vary by post level.