Exciting Job Opportunity for Retired Officers at SBI in 2026

The State Bank of India has announced a recruitment drive for 821 Concurrent Auditor positions aimed at retired officers. With a deadline of June 11, 2026, interested candidates must act quickly. The selection process includes an application review followed by an interview, with a scoring system in place. Selected candidates will receive a monthly honorarium based on their previous roles, along with additional compensation for special auditing tasks. This opportunity is distinct from pension benefits, and applicants are encouraged to review the official notification before applying online. Don't miss out on this chance to join SBI!

By Ambika Singh Jun 10, 2026, 16:01 IST

SBI Recruitment 2026: A Major Opportunity

SBI Recruitment 2026: A significant opportunity has emerged for retired officials seeking employment with the State Bank of India. The bank has announced the recruitment of 821 positions for Concurrent Auditors on a contractual basis. Interested candidates must submit their applications by June 11, 2026, leaving them with just one day to apply.

Eligibility Criteria for Applicants

Only retired officers from the State Bank of India are eligible to apply for this recruitment. The key eligibility criteria are as follows:

Applicants must have retired on a regular basis upon reaching the age of 60.

Preference will be given to candidates with experience in loans, auditing, or foreign exchange operations.

Those who have left service through voluntary retirement, resignation, or suspension are generally considered ineligible.

In certain special circumstances, individuals who took voluntary retirement after reaching 60 years may apply.

Selection Process Overview

The selection of candidates will occur in two stages. Initially, the bank's committee will review the applications and invite selected candidates for an interview. The interview will be scored out of 100 points, and the final merit list will be based solely on this score. In cases where two candidates score equally, the older candidate will be given preference.

Salary Structure

Selected candidates will receive a monthly honorarium based on their previous positions:

MMGS III - ₹45,000 per month

SMGS IV - ₹50,000 per month

SMGS V - ₹65,000 per month

TEGS VI - ₹80,000 per month

Additionally, for special auditing tasks such as currency reserve verification or foreign exchange transaction checks, an extra ₹2,000 will be provided per branch visit.

Important Considerations

This honorarium is entirely separate from pension benefits, and both will be received concurrently. However, the bank will not provide housing, furniture, or other allowances. Other service-related benefits, such as provident fund contributions, will not apply to this contractual appointment. Tax deductions will be made at the source as per income tax regulations.

How to Apply

Interested candidates can apply online through the official State Bank of India website by accessing the recruitment link. It is essential to read the notification carefully before submitting the application. Applications submitted after the deadline will not be considered.