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SBI Recruitment 2026: Apply for 283 Specialist Cadre Officer Positions

The State Bank of India (SBI) is set to recruit 283 Specialist Cadre Officers for its Wealth Management and Premier Banking departments. The application window opens on September 4, 2026, and closes on September 25, 2026. Notably, there will be no written examination; selection will be based on interviews and experience. Candidates can apply for various positions, including Zonal Head, Regional Head, and Relationship Manager, among others. Each role has specific qualifications and experience requirements. This recruitment offers a lucrative salary package, making it an attractive opportunity for job seekers in the banking sector.
 

Overview of SBI Specialist Cadre Officer Recruitment 2026


SBI Specialist Cadre Officer Recruitment 2026: The State Bank of India (SBI) has announced a recruitment drive for 283 Specialist Cadre Officer roles on a contractual basis. This recruitment focuses on the bank's Wealth Management and Premier Banking sectors, comprising 207 regular positions and 76 backlog roles. Eligible candidates can submit their applications online from September 4, 2026, to September 25, 2026.


Application Timeline

The application process for the SBI recruitment will begin on September 4, 2026. Candidates must ensure they complete their applications and payment of fees within the specified period.


Key Dates:
Application Start Date: September 4, 2026
Application and Fee Payment Deadline: September 25, 2026
Correction Facility: Up to three corrections allowed before final submission
Post Final Submission: No modifications permitted


It is crucial for candidates to verify all information before finalizing their applications.


Vacancies and Positions

SBI has outlined vacancies across seven distinct positions. Below are the details:


Post Regular Posts Backlog Posts Total
Zonal Head (Retail) 1 1 2
Regional Head 5 1 6
Relationship Manager - Team Lead 24 2 26
Investment Specialist 9 3 12
Investment Officer 4 1 5
VP Wealth 91 65 156
AVP Wealth 73 3 76
Total 207 76 283


These vacancies include positions reserved for Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), Economically Weaker Sections (EWS), and Unreserved categories.


Qualifications for Key Positions

Zonal Head (Retail):
Applicants must possess a bachelor's degree from a recognized institution. An MBA in Banking, Finance, or Marketing with a minimum of 60% marks is preferred. Relevant certifications such as CFP, CFA, or NISM are advantageous. Candidates should have at least 15 years of experience in sales management within wealth management or retail banking, including five years in a leadership role.


Regional Head:
A bachelor's degree is required, with an MBA in Banking, Finance, or Marketing preferred. Candidates should have a minimum of 12 years of experience in relationship management, including five years in a leadership capacity.


Experience and Age Requirements

The age and experience requirements vary by position, calculated as of August 31, 2026. Below is a summary:


Post Age Limit Minimum Experience
Zonal Head (Retail) 35 to 50 years 15 years
Regional Head 35 to 50 years More than 12 years
Relationship Manager - Team Lead 28 to 42 years 8 years
Investment Specialist 28 to 42 years 6 years
Investment Officer 28 to 40 years 4 years
VP Wealth 26 to 42 years 6 years
AVP Wealth 23 to 35 years 3 years


Selection Process

There will be no written examination for this recruitment. The selection will be based solely on evaluations, with shortlisted candidates invited for personal interviews, which will be scored out of 100 marks. Meeting eligibility does not guarantee an interview call, as a committee will determine the shortlist based on established criteria.


Compensation Details

The potential annual compensation for each position is as follows:


Position Maximum Annual CTC Maximum Fixed Salary Allowances Performance-based Pay
Zonal Head (Retail) ₹97 lakh ₹66 lakh ₹1.10 lakh 0-45% of fixed salary
Regional Head ₹66.40 lakh ₹45 lakh ₹1.10 lakh 0-45% of fixed salary
RM-Team Lead ₹51.80 lakh ₹35 lakh ₹1.04 lakh 0-45% of fixed salary
Investment Specialist ₹44.50 lakh ₹30 lakh ₹0.92 lakh 0-45% of fixed salary
Investment Officer ₹27.10 lakh ₹18 lakh ₹0.92 lakh 0-45% of fixed salary
VP Wealth ₹44.70 lakh ₹30 lakh ₹1.16 lakh 0-45% of fixed salary
AVP Wealth ₹30.20 lakh ₹20 lakh ₹1.16 lakh 0-45% of fixed salary


Contract Duration and Exit Terms

The initial contract will last for five years, with the possibility of a four-year extension at the bank's discretion. Either party may terminate the contract with two months' notice or by compensating with two months' salary instead of notice.