SBI SCO Recruitment 2026 – Apply Online for 207 Specialist Cadre Officer Posts
State Bank of India (SBI) has announced SBI SCO Recruitment 2026 for 207 tentative Specialist Cadre Officer (SCO) vacancies in its Wealth Management vertical. The recruitment covers seven posts, including Zonal Head (Retail), Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. Applications are accepted online from 04 September 2026 to 25 September 2026.
The posts are offered on a contract basis and are spread across 17 SBI Circles. Unlike a conventional written-examination recruitment, SBI will shortlist eligible candidates and conduct interviews, followed by individual CTC negotiation.
SBI SCO Recruitment 2026 – Quick Overview
| Particular | Details |
|---|---|
| Recruiting Authority | State Bank of India, Central Recruitment & Promotion Department |
| Advertisement No. | CRPD/SCO/2026-27/23 |
| Recruitment | Specialist Cadre Officers |
| Total Vacancies | 207 |
| Posts | Zonal Head (Retail), Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, AVP Wealth |
| Engagement | Contract basis |
| Contract Period | 5 years, renewable for another 4 years at SBI’s discretion |
| Application Mode | Online |
| Application Start Date | 04-09-2026 |
| Last Date | 25-09-2026 |
| Application Fee | ₹750 for UR/EWS/OBC; SC/ST/PwBD exempted |
| Job Location | Across 17 SBI Circles |
The notification was issued by SBI’s Central Recruitment & Promotion Department, Corporate Centre, Mumbai, dated 04 September 2026.
SBI SCO Vacancy 2026 – Post-Wise Details
SBI has notified 207 tentative vacancies across seven specialist positions. The largest share is for VP Wealth with 91 posts, followed by AVP Wealth with 73 posts. Investment Specialist has 9 vacancies, while Investment Officer has 4.
| 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 | 207 |
The vacancy figures are tentative. The notification also states that Regular and Backlog vacancies are combined in the category totals, with horizontal PwBD reservations additionally notified within the relevant totals.
Circle-Wise Vacancies
For five posts — Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth — candidates must provide three different preferred Circles while submitting the application. SBI will not entertain requests to change the Circle preference later.
| 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 |
Suggested postings also vary by position. Zonal Head (Retail) is suggested for the East Zone (Kolkata), while Regional Head locations include Bengaluru, Bhopal, Hyderabad, Guwahati and Patna. The remaining five posts are associated with centres within the applied or opted Circle.
SBI SCO Eligibility Criteria 2026
Eligibility is highly dependent on the position. Candidates should therefore match their qualification and professional experience against the specific post rather than treating the recruitment as a single common eligibility category.
| Post | Educational Qualification | Required Experience |
|---|---|---|
| Zonal Head (Retail) | Graduate from a Government-recognized University/Institution; MBA in Banking/Finance/Marketing and CFP/CFA/NISM preferred | Minimum 15 years 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) | Graduate; MBA and CFP/CFA/NISM preferred | Minimum 12+ years in relationship management, preferably wealth management with leading banks/wealth firms/AMCs, including 5+ years leading a large team |
| Relationship Manager–Team Lead | Graduate; MBA and CFP/CFA/NISM preferred | Minimum 8 years in relationship management, preferably wealth management; Team Lead experience preferred |
| Investment Specialist (IS) | PG Degree/Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science, or CA/CFA | Minimum 6 years as an investment advisor/counsellor/officer/product-team member in Wealth Management Firms/AMCs |
| Investment Officer (IO) | Relevant PG Degree/Diploma or CA/CFA | Minimum 4 years of relevant post-qualification experience |
| VP Wealth | Graduate; MBA and NISM V-A/XXI-A/CFP/CFA preferred | Essential 6 years in sales & marketing with leading banks/wealth firms/AMCs; preferred 6 years as Relationship Manager or similar wealth-management role |
| AVP Wealth | Graduate; PG in finance/marketing/banking preferred; NISM V-A/XXI-A/CFP/CFA preferred | 3 years in sales & marketing with leading banks/wealth firms/AMCs, or 4 years as an SBI Wealth CRE; preferred 3 years as Relationship Manager or similar role |
All qualification and experience conditions are reckoned as on 31 August 2026. SBI states that teaching and training experience will not count toward eligibility, while experience of less than six months in an organization will not be considered.
SBI SCO Age Limit 2026
The minimum and maximum ages differ substantially across the seven positions. The age limits below are applicable as on 31 August 2026.
| Post | Minimum Age | Maximum Age |
|---|---|---|
| Zonal Head (Retail) | 35 | 50 |
| Regional Head (RH) | 35 | 50 |
| Relationship Manager–Team Lead | 28 | 42 |
| Investment Specialist (IS) | 28 | 42 |
| Investment Officer (IO) | 28 | 40 |
| VP Wealth | 26 | 42 |
| AVP Wealth | 23 | 35 |
The maximum age shown is for Unreserved category candidates. Upper-age relaxation is available to reserved category candidates according to Government of India guidelines.
SBI SCO CTC and Contract Period
The recruitment offers negotiable annual CTC, with the upper range varying according to the post. The notification states that the actual CTC depends on experience, current emoluments and place of posting.
| Post | CTC Upper Range |
|---|---|
| Zonal Head (Retail) | ₹97.00 lakh |
| Regional Head (RH) | ₹66.40 lakh |
| Relationship Manager–Team Lead | ₹51.80 lakh |
| Investment Specialist (IS) | ₹44.50 lakh |
| Investment Officer (IO) | ₹27.10 lakh |
| VP Wealth (SRM) | ₹44.70 lakh |
| AVP Wealth (RM) | ₹30.20 lakh |
All listed posts are eligible for Performance Linked Pay ranging from 0% to 45% of Fixed Pay, along with an Annual Increment Band based on performance rating under SBI’s policy. The contract runs for 5 years and may be renewed for another 4 years at SBI’s discretion.
SBI SCO Recruitment 2026 – Important Dates
| Event | Date |
|---|---|
| Online registration and fee payment starts | 04-09-2026 |
| Last date for online registration and fee payment | 25-09-2026 |
Candidates should complete the online form before the closing date rather than waiting until the final day, particularly because photographs, signatures and supporting documents must be uploaded during registration.
SBI SCO Application Fee
The application fee and intimation charges are ₹750 for UR/EWS/OBC candidates. SC, ST and PwBD candidates do not have to pay the application fee.
| Category | Fee |
|---|---|
| UR/EWS/OBC | ₹750 |
| SC/ST/PwBD | Nil |
The fee is payable online through the integrated payment gateway using Debit Card, Credit Card or Internet Banking. SBI states that the fee is non-refundable and will not be adjusted against another examination or selection.
SBI SCO Selection Process 2026
The SBI SCO Recruitment 2026 selection process is centred on professional screening and interviews rather than a conventional written examination.
1. Shortlisting
Meeting the minimum qualification and experience requirements does not automatically guarantee an interview. SBI’s shortlisting committee determines the parameters and the number of candidates to be called.
2. Interview
Shortlisted candidates may face one or more personal, telephonic or video interview rounds. The interview carries 100 marks, with qualifying marks decided by SBI.
3. CTC Negotiation
Shortlisted candidates undergo individual CTC negotiation either during the interview process or after the interviews are completed.
4. Merit List
SBI prepares the merit list in descending order according to interview scores. Where candidates are tied at the cut-off mark, the older candidate is ranked higher.
How to Apply for SBI SCO Recruitment 2026
Eligible candidates must submit the application online through SBI’s recruitment portal.
- Visit the SBI Careers/Current Openings section and download Advertisement No. CRPD/SCO/2026-27/23.
- Open the online registration link and keep a valid email ID active until the results are declared.
- Upload the latest photograph and signature according to the prescribed specifications.
- Upload the required supporting documents, including the resume, identity proof, age proof, category certificate where applicable, PwBD certificate where applicable, educational certificates, experience certificates and biodata.
- Complete the application form carefully, save the system-generated registration number and password, and pay the applicable fee online.
- Submit the application and retain a printout of the completed form and fee e-receipt.
No changes are permitted after final submission. Candidates do not need to send hard copies of the application or documents to SBI.
SBI SCO Interview Preparation: What Candidates Should Focus On
The most important preparation point for this recruitment is post-specific professional experience. Since SBI shortlists candidates before conducting interviews and evaluates them through a 100-mark interview, applicants should be prepared to explain their actual wealth-management responsibilities rather than relying only on academic qualifications.
Candidates for Investment Specialist and Investment Officer should be ready to discuss their experience as investment advisors, counsellors, officers or product-team professionals in wealth-management firms or AMCs. Their academic background may include finance, accountancy, economics, capital markets, banking, insurance or actuarial science, or CA/CFA qualifications.
Applicants for Relationship Manager–Team Lead, VP Wealth and AVP Wealth should focus on concrete examples from sales, marketing, relationship management and wealth-management operations. Candidates applying for the senior Zonal Head and Regional Head roles should be able to clearly demonstrate their experience in managing large Relationship Manager or Team Lead teams, because the notification specifically makes leadership experience part of the eligibility requirements.
A strong interview preparation approach is therefore to organise your career history around measurable responsibilities, client or relationship-management work, investment-related exposure, team leadership and the exact experience requirement of the post you selected.
Common Mistakes to Avoid in SBI SCO Application
- Selecting a post without checking its experience requirement: The seven positions have different professional-experience thresholds.
- Ignoring the three-Circle preference requirement: Candidates applying for the specified five posts must provide three different Circle preferences.
- Treating teaching or training experience as qualifying experience: SBI specifically says such experience will not be counted.
- Submitting an incomplete document set: Resume, experience certificates and other relevant supporting documents must be uploaded.
- Waiting until the last day: The application closes on 25 September 2026, and SBI advises candidates to apply early to avoid technical problems.
Documents Required for SBI SCO Online Application
Keep the following documents ready before starting the application:
- Latest photograph and signature in the prescribed format.
- Resume and biodata.
- Identity and age proof.
- Educational qualification certificates.
- Relevant experience certificates.
- Caste certificate and PwBD certificate, where applicable.
- NOC for eligible candidates working in Government/Quasi-Government offices, PSUs, Nationalized Banks, Financial Institutions or SBI Group companies; the NOC is required at the interview stage.
Important Instructions for SBI SCO Recruitment 2026
Candidates can apply for more than one post if they meet the eligibility conditions for each position. However, applicants should carefully review every post’s qualification, age and experience requirements before submitting multiple applications.
Interview communication will be sent by email, and SBI will not send a hard copy of the call letter. Candidates should also keep checking the Bank’s website for revisions or corrigenda because SBI states that such updates will be hosted there.
Important Links for SBI SCO Recruitment 2026
| Resource | Link |
|---|---|
| Apply Online | SBI SCO Recruitment Application Portal |
| Official Notification PDF | SBI SCO Recruitment 2026 Notification |
| Official SBI Website | SBI Official Website |
The source provides the direct application portal and the official notification PDF under Advertisement No. CRPD/SCO/2026-27/23.
SBI SCO Recruitment 2026 – FAQs
1. What is SBI SCO Recruitment 2026?
SBI SCO Recruitment 2026 is a Specialist Cadre Officer recruitment for the Bank’s Wealth Management vertical. The notification covers 207 tentative vacancies across seven posts.
2. How many vacancies are available in SBI SCO Recruitment 2026?
There are 207 tentative vacancies: 1 Zonal Head, 5 Regional Head, 24 Relationship Manager–Team Lead, 9 Investment Specialist, 4 Investment Officer, 91 VP Wealth and 73 AVP Wealth.
3. What is the last date to apply for SBI SCO Recruitment 2026?
The last date for online registration and fee payment is 25 September 2026.
4. What qualification is required for SBI SCO Wealth Management posts?
The qualification depends on the post. Graduate-level qualifications apply to several positions, while Investment Specialist and Investment Officer require specified postgraduate qualifications/diplomas or CA/CFA qualifications.
5. What is the age limit for SBI SCO Recruitment 2026?
The age range varies by post. It is 35–50 years for Zonal Head and Regional Head, 28–42 years for Relationship Manager–Team Lead and Investment Specialist, 28–40 years for Investment Officer, 26–42 years for VP Wealth, and 23–35 years for AVP Wealth, as on 31 August 2026.
6. What is the SBI SCO application fee?
UR, EWS and OBC candidates must pay ₹750. SC, ST and PwBD candidates are exempted from the application fee.
7. What is the SBI SCO CTC?
The CTC upper range varies by position, from ₹27.10 lakh for Investment Officer to ₹97.00 lakh for Zonal Head (Retail). The annual CTC is negotiable and depends on experience, current emoluments and place of posting.
8. How will SBI select candidates for SCO posts?
SBI will use shortlisting followed by one or more personal, telephonic or video interviews. The interview carries 100 marks, followed by individual CTC negotiation for shortlisted candidates.
9. Can candidates apply for more than one SBI SCO post?
Yes. A candidate can apply for more than one post provided they fulfil the eligibility requirements for each post applied for.
10. What is the SBI SCO contract period?
The contract period is 5 years, with the possibility of renewal for another 4 years at SBI’s discretion.
Conclusion
The SBI SCO Recruitment 2026 is aimed at experienced professionals in wealth management, investment advisory, relationship management and banking-related sales roles. With 207 tentative vacancies across seven positions and opportunities across 17 SBI Circles, candidates who match the post-specific experience requirements should review the notification carefully and complete the online application before 25 September 2026.
