SBI SO Recruitment 2026: Apply Online for 207 Posts

Recruitment Board State Bank of India (SBI)
Post Name SBI SO Wealth Management Recruitment 2026
Total Vacancies 207 Posts
Start Date 04 Sep 2026
Last Date To Apply 25 Sep 2026
Qualification Finance/Accountancy/Business Management/Commerce/Economics/Capital Markets/Banking/Insurance/Actuarial Science/CA or CFA
Age Limit 23 - 50 Years
Application Fee GEN/EWS/OBC: ₹750 | Others: Nil
Salary (e.g. 25000-40000) Rs. 2,51,666 - Rs. 8,08,333
Job Street Address State Bank of India
Job Locality (City) Corporate Centre, 3rd Floor, Atlanta Building
Job Region (State) Nariman Point, Mumbai, Maharashtra
Job Postal Code 400021

The State Bank of India (SBI) has released a recruitment notification for the engagement of Specialist Cadre Officers (SCOs) on a contractual basis for its Wealth Management business. The recruitment is being conducted under Advertisement No. CRPD/SCO/2026-27/23.

The SBI SO Recruitment 2026 offers opportunities for experienced professionals in senior and specialist Wealth Management roles, including Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.

Important: Check Out All Other Govt. Bank Jobs 2026

According to the detailed post-wise vacancy breakup, SBI has announced 207 vacancies. The online application process started on 04 September 2026, and eligible candidates can submit their applications until 25 September 2026.

The recruitment does not involve a written examination. Eligible candidates will be shortlisted based on their qualifications and professional experience and subsequently called for an interview.

SBI SO Recruitment 2026 Overview

ParticularDetails
Recruiting OrganisationState Bank of India (SBI)
Recruitment NameSBI SO Wealth Management Recruitment 2026
Advertisement NumberCRPD/SCO/2026-27/23
Post TypeSpecialist Cadre Officers
Business VerticalWealth Management
Total Vacancies207
Application ModeOnline
Job TypeContractual
Selection ProcessShortlisting and Interview
Written ExaminationNo
Interview Marks100 Marks
Application Start Date04 September 2026
Last Date to Apply25 September 2026
Official WebsiteSBI Careers Portal

SBI SO Recruitment 2026 Important Dates

Candidates should complete their applications well before the closing date to avoid possible technical issues during the final days of registration.

EventDate
Notification Release04 September 2026
Online Application Starts04 September 2026
Last Date for Online Application25 September 2026
Last Date for Fee Payment25 September 2026
Interview DateTo be announced

SBI SO Vacancy 2026 Details

SBI has announced vacancies for seven specialist positions under its Wealth Management business.

Post NameNumber of Vacancies
Zonal Head (Retail)1
Regional Head (RH)5
Relationship Manager-Team Lead24
Investment Specialist (IS)9
Investment Officer (IO)4
VP Wealth91
AVP Wealth73
Total207

The highest number of vacancies has been announced for the VP Wealth and AVP Wealth positions. These posts together account for a significant proportion of the total recruitment.

SBI SO Recruitment 2026 Application Fee

The application fee depends on the candidate’s category.

CategoryApplication Fee
UR / General₹750
EWS₹750
OBC₹750
SCNil
STNil
PwBDNil

The application fee and applicable charges are generally required to be paid through the online payment system while submitting the application.

Candidates should note that the application fee is non-refundable.

SBI SO 2026 Salary and CTC

One of the major attractions of this recruitment is the high remuneration offered for senior Wealth Management positions. The remuneration is structured as an upper CTC range and may be negotiable depending on the candidate’s experience, expertise and existing compensation.

PostUpper CTC Range per Annum
Zonal Head (Retail)Up to ₹97 lakh
Regional HeadUp to ₹66.40 lakh
Relationship Manager-Team LeadUp to ₹51.80 lakh
Investment SpecialistUp to ₹45 lakh
Investment OfficerUp to ₹27 lakh
VP WealthUp to ₹44.70 lakh
AVP WealthUp to ₹30.20 lakh

The final remuneration may depend on factors such as:

  • Relevant professional experience
  • Current compensation package
  • Technical and domain expertise
  • Performance during the selection process
  • SBI’s applicable terms and conditions

Candidates should carefully check the detailed official notification for the exact remuneration structure applicable to their respective post.

SBI SO Recruitment 2026 Eligibility Criteria

The eligibility requirements differ according to the position. Candidates must fulfil the educational qualification, age and professional experience requirements prescribed for the post they are applying for.

Educational Qualification

For posts such as Zonal Head, Regional Head, Relationship Manager-Team Lead, VP Wealth and AVP Wealth, candidates are generally required to possess a graduation degree from a recognised university or institution.

For the Investment Specialist and Investment Officer positions, candidates are expected to possess specialised qualifications related to areas such as:

  • Finance
  • Accountancy
  • Business Management
  • Commerce
  • Economics
  • Capital Markets
  • Banking
  • Insurance
  • Actuarial Science

Professional qualifications such as CA or CFA may also be accepted for relevant positions.

Additional qualifications and professional certifications in Banking, Finance, Marketing and Investment Advisory may be preferred depending on the specific post.

SBI SO 2026 Experience Requirement

Since this recruitment is focused primarily on experienced Wealth Management professionals, substantial post-qualification experience is required.

PostMinimum Experience
Zonal Head15 Years
Regional Head12 Years
Relationship Manager-Team Lead8 Years
Investment Specialist6 Years
Investment Officer4 Years
VP Wealth6 Years
AVP Wealth3 Years

The experience must be relevant to the professional requirements mentioned for the respective post. Candidates should carefully review the official advertisement to understand the nature of acceptable experience.

SBI SO Recruitment 2026 Age Limit

The age requirement varies according to the position.

PostAge Limit
Zonal Head35 to 50 Years
Regional Head35 to 50 Years
Relationship Manager-Team Lead28 to 42 Years
Investment Specialist28 to 42 Years
Investment Officer28 to 40 Years
VP Wealth26 to 42 Years
AVP Wealth23 to 35 Years

The eligibility date for calculating age and other conditions should be checked carefully in the official notification.

SBI SO Recruitment 2026 Selection Process

Unlike many SBI recruitment examinations, this recruitment does not include a written examination.

The selection process consists primarily of the following stages:

1. Shortlisting

SBI will shortlist candidates based on factors such as:

  • Educational qualification
  • Relevant professional experience
  • Nature of previous work
  • Suitability for the advertised position
  • Other criteria decided by the Bank

Merely fulfilling the minimum eligibility criteria does not guarantee that a candidate will be shortlisted for an interview.

2. Interview

Shortlisted candidates will be called for an interview.

The interview carries 100 marks. SBI will decide the qualifying marks and other interview-related criteria.

The interview may evaluate the candidate’s:

  • Wealth Management knowledge
  • Banking and financial market experience
  • Investment advisory expertise
  • Client relationship management skills
  • Leadership ability
  • Professional experience

3. CTC Negotiation

For these contractual specialist positions, remuneration may be negotiated based on the candidate’s experience, expertise and existing compensation.

4. Final Merit List

The final selection will be based on the criteria prescribed by SBI. Where candidates obtain the same marks, applicable tie-breaking rules may be used for preparing the final merit list.

SBI SO 2026 Contract Period

The Specialist Cadre Officers recruited under this notification will be engaged on a contractual basis.

The initial contract period is reported as:

5 years

The contract may subsequently be renewed for an additional period of up to:

4 years

The renewal and continuation of the contract will be subject to the terms and conditions specified by SBI.

How to Apply for SBI SO Recruitment 2026

Candidates can submit their applications through the official SBI Careers portal.

Follow these steps:

  1. Visit the official SBI Careers website.
  2. Open the Current Openings section.
  3. Search for Advertisement No. CRPD/SCO/2026-27/23.
  4. Read the detailed notification carefully.
  5. Click on the online application link.
  6. Complete the registration process.
  7. Enter the required personal, educational and professional details.
  8. Upload the required photograph, signature and documents.
  9. Pay the applicable application fee.
  10. Review the complete application form carefully.
  11. Submit the application.
  12. Download and save the submitted application form and payment receipt for future reference.

Candidates applying for multiple positions should ensure that they independently satisfy the eligibility requirements for every post selected.

Documents Required for SBI SO Application

Applicants should keep the required documents ready before starting the online application process. These may include:

  • Recent passport-size photograph
  • Signature
  • Proof of date of birth
  • Educational certificates
  • Experience certificates
  • Identity proof
  • Category certificate, where applicable
  • PwBD certificate, where applicable
  • Professional qualification certificates
  • Relevant documents supporting work experience

The required format, size and upload specifications should be checked in the official notification before submitting the application.

Important Links

Official SBI Website

Visit State Bank of India Official Website

SBI Careers and Current Openings

Visit SBI Careers Current Openings

Candidates should use the SBI Careers portal to locate Advertisement No. CRPD/SCO/2026-27/23, read the detailed notification and access the online application facility.

Why SBI SO Wealth Management Recruitment 2026 Is Important

This recruitment is particularly significant for experienced banking, finance, investment and Wealth Management professionals because it offers:

  • Senior-level specialist opportunities
  • High remuneration packages
  • Positions across the Wealth Management business
  • Opportunities for experienced investment professionals
  • No written examination
  • Selection based on professional profile and interview
  • Long-term contractual engagement
  • Potential contract renewal

However, candidates should remember that these positions require significant professional experience. This recruitment is therefore different from entry-level banking examinations and is primarily designed for candidates with established expertise in Wealth Management, investment advisory and related financial services.

SBI SO Recruitment 2026: Key Points to Remember

  • SBI has announced the recruitment under Advertisement No. CRPD/SCO/2026-27/23.
  • The detailed vacancy breakup totals 207 posts.
  • Applications started on 04 September 2026.
  • The last date to apply is 25 September 2026.
  • The recruitment is for Specialist Cadre Officers in the Wealth Management business.
  • There is no written examination.
  • Candidates will be shortlisted and called for an interview.
  • The interview carries 100 marks.
  • The application fee is ₹750 for UR/EWS/OBC candidates.
  • SC/ST/PwBD candidates are exempt from paying the application fee.
  • The positions are contractual.
  • The initial contract period is reported as five years, with the possibility of renewal subject to SBI’s conditions.
  • The upper annual CTC ranges from approximately ₹27 lakh to ₹97 lakh, depending on the post.

SBI SO Recruitment 2026 FAQs

1. What is the last date to apply for SBI SO Recruitment 2026?
The last date to apply online for SBI SO Wealth Management Recruitment 2026 is 25 September 2026.
2. When did the SBI SO Recruitment 2026 application process start?
The online application process for SBI SO Recruitment 2026 started on 04 September 2026.
3. How many vacancies are available in SBI SO Recruitment 2026?
According to the detailed post-wise vacancy breakup, SBI SO Recruitment 2026 has announced 207 vacancies for various Wealth Management positions.
4. What is the advertisement number for SBI SO Recruitment 2026?
The advertisement number for this recruitment is CRPD/SCO/2026-27/23.
5. What is the application fee for SBI SO Recruitment 2026?
The application fee is ₹750 for General, EWS and OBC candidates. SC, ST and PwBD candidates are exempted from paying the application fee.
6. Is there a written examination for SBI SO Recruitment 2026?
No, there is no written examination for this recruitment. Candidates will be shortlisted based on their qualifications and professional experience and may subsequently be called for an interview.
7. What is the selection process for SBI SO Recruitment 2026?
The selection process generally includes shortlisting and interview. The interview carries 100 marks, and the final selection will be made according to the criteria prescribed by SBI.
8. What is the salary for SBI SO Recruitment 2026?
The salary or annual CTC varies according to the post. The reported upper CTC ranges from approximately ₹27 lakh to ₹97 lakh per annum, depending on the position and other applicable factors.
9. What are the posts available under SBI SO Wealth Management Recruitment 2026?
The recruitment includes posts such as Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.
10. What is the age limit for SBI SO Recruitment 2026?
The age limit varies according to the post. Depending on the position, the prescribed age range is generally between 23 years and 50 years.
11. Is SBI SO Recruitment 2026 a permanent job?
The advertised Wealth Management positions under this recruitment are contractual positions and are not regular permanent appointments.
12. What is the official website for SBI SO Recruitment 2026?
Candidates can visit the official SBI Careers portal to check the notification, eligibility criteria, application process and other recruitment updates.