SBI SO Recruitment 2025 – Introduction
State Bank of India (SBI) has announced the SBI SO Recruitment 2025, opening doors for experienced professionals to join its ranks. This special recruitment drive is for 122 Specialist Cadre Officer (SCO) posts on a contract basis, specifically for the bank’s Wealth Management and Premier Banking divisions. This is a significant opportunity for candidates with experience in finance, wealth management, and investment advisory.
The notification (ADVT NO: CRPD/SCO/2025-26/15) details various high-level positions, including Regional Head, Relationship Manager-Team Lead, Investment Officer, and Zonal Head. The salary packages are highly competitive, with annual CTC going up to ₹135 Lakhs, depending on the post and experience. The online application process begins on 27th October 2025 and will conclude on 17th November 2025. If you meet the eligibility criteria, this is your chance to take your career to the next level with India’s largest bank. Read this article for a complete breakdown of vacancies, eligibility, salary, and the step-by-step application process.
Key Highlights about SBI SO Recruitment 2025
- Post Names: Specialist Cadre Officers (SCO) including Head (Product, Investment & Research), Zonal Head (Retail), Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, and others.
- Total Vacancies: 122
- Salary/CTC: Up to ₹135.00 Lakhs per annum (Varies by post, negotiable)
- Job Location: Mumbai, Zonal Offices (Mumbai, Bangalore, Kolkata, New Delhi), and various Circle centers across India.
- Application Start Date: 27.10.2025
- Application Last Date: 17.11.2025
State Bank of India (SBI) is India’s largest public sector bank, and this recruitment aims to bring in specialized talent to manage its wealth portfolio. These positions are offered on a contract basis for an initial period of 5 years, which is renewable at the discretion of the bank. This is a high-growth area, and the bank is looking for the best talent in the market.
SBI SO Vacancy Breakdown 2025
Here is the post-wise and age-wise breakdown of the 122 vacancies available in this recruitment drive.
| Post Name | Age Limit (as on 01.05.2025) | Total Vacancies |
|---|---|---|
| Head (Product, Investment & Research) | 35 – 50 Years | 02 |
| Zonal Head (Retail) | 35 – 50 Years | 04 |
| Regional Head | 35 – 50 Years | 11 |
| Relationship Manager-Team Lead | 28 – 42 Years | 29 |
| Investment Specialist (IS) | 28 – 42 Years | 24 |
| Investment Officer (IO) | 25 – 40 Years | 46 |
| Project Development Manager (Business) | 30 – 40 Years | 04 |
| Central Research Team (Support) | 25 – 35 Years | 02 |
| Total | 122 |
SBI SO Eligibility Criteria 2025
Candidates must carefully read the eligibility criteria for each post before applying. The cut-off date for eligibility (age, qualification, experience) is 01st May 2025.
Educational Qualification & Experience (as on 01.05.2025)
- Head (Product, Investment & Research):
- Qualification: Graduation / Post Graduation from a Government recognized University/Institution.
- Experience: Minimum 15 years of relevant work experience in financial services, financial product development, investment advisory, and private banking. Minimum 8 years of experience must be in Wealth Management.
- Zonal Head (Retail):
- Qualification: Graduates from a Government recognized University or Institution.
- Experience: Minimum 15 years of experience in managing sales in Wealth Management / Retail Banking / AMCs. Out of this, a minimum of 5 years of experience in leading a large team is required.
- Regional Head:
- Qualification: Graduates from a Government recognized University or Institution.
- Experience: Minimum 12+ years of experience in relationship management, preferably in wealth management. Must have 5+ years of experience in leading a large team.
- Relationship Manager-Team Lead:
- Qualification: Graduates from a Government recognized University or Institution.
- Experience: Minimum 8 years of post-qualification experience in relationship management, preferably in wealth management with leading Banks/Broking firms/AMCs. Experience as a Team Lead is preferred.
- Investment Specialist (IS):
- Qualification: A Professional Qualification in PG Degree or PG Diploma in Finance / Accountancy / Business Management / Commerce / Economics / Capital Markets / Banking / Insurance / Actuarial Science or CA / CFA.
- Experience: Minimum 6 years of post-qualification experience as an investment advisor/counsellor/officer in Wealth Management Firms/AMCs.
- Investment Officer (IO):
- Qualification: A Professional Qualification in PG Degree or PG Diploma in Finance / Accountancy / Business Management / Commerce / Economics / Capital Markets / Banking / Insurance / Actuarial Science or CA / CFA.
- Experience: Minimum 4 years of post-qualification experience as an investment advisor/counsellor/officer in Wealth Management Firms/AMCs.
- Project Development Manager (Business):
- Qualification: MBA/PGDM from a Government recognized University or Institution.
- Experience: Minimum 5 years of post-qualification experience in a Bank/Wealth Management firm/Broking firm.
- Central Research Team (Support):
- Qualification: Graduate in Commerce/Finance/Economics/Management/Mathematics/Statistics from a Government recognized University or Institution.
- Experience: Minimum 3 years of work experience in financial services providing support to Research/Publications/MIS departments.
Age Limit
The post-wise age limits are mentioned in the vacancy table above. The upper age limit will have relaxation for reserved categories (SC/ST/OBC/PwBD) as per Government of India guidelines.
SBI SO Salary and Benefits
The salary for these Specialist Cadre Officer posts is not based on the standard government “Pay Level” system. Instead, SBI is offering a highly attractive Cost to Company (CTC) package, which is negotiable based on the candidate’s qualifications, experience, and current emoluments.
This CTC package is a combination of fixed and variable pay. Here’s a breakdown:
- Fixed Pay: This is the guaranteed portion of your annual salary.
- Performance Linked Pay (PLP): This is a variable component paid based on your performance rating. For posts like Regional Head, RM-Team Lead, and Investment Officer, this can be up to 45% of your Fixed Pay, offering significant earning potential.
- Other Allowances: The package also includes fixed allowances for Conveyance, Mobile, and Medical expenses, which are paid over and above the Fixed Pay.
The upper range of the annual CTC for each post is given below. Please note that the final offered amount will be negotiated during the selection process.
| Post Name | Max Annual CTC (in Lakhs) |
|---|---|
| Head (Product, Investment & Research) | ₹135.00 |
| Zonal Head (Retail) | ₹97.00 |
| Regional Head | ₹66.40 |
| Relationship Manager-Team Lead | ₹51.80 |
| Investment Specialist (IS) | ₹44.50 |
| Investment Officer (IO) | ₹27.10 |
| Project Development Manager (Business) | ₹30.10 |
| Central Research Team (Support) | ₹20.60 |
This structure is designed to attract top talent by rewarding performance and offering one of the best compensation packages in the industry.
SBI SO Selection Process Explained 2025
The selection process for the SBI SO Recruitment 2025 is a multi-stage process designed to select the most suitable candidates for these specialized roles.
1. Shortlisting
First, the bank will review all applications. A Shortlisting Committee will decide the parameters and shortlist an adequate number of candidates based on their qualifications, experience, and overall suitability for the post. Simply meeting the minimum eligibility does not guarantee a call for an interview.
2. Interview
The shortlisted candidates will be called for one or more rounds of interviews. The interview can be conducted in person, over the telephone, or via video conferencing. The interview round is the most critical stage and will carry a total of 100 marks. The bank will decide the qualifying marks for the interview.
3. CTC Negotiation
Candidates who clear the interview round will then proceed to the CTC negotiation stage. This will be done one-on-one with the selected candidates to finalize their compensation package.
4. Final Merit List
The final merit list for selection will be prepared in descending order based only on the scores obtained in the interview. If two candidates score the same marks, the older candidate will be ranked higher in the merit list.
How to Apply Online: Step-by-Step Guide
Candidates must apply online through the official SBI website. Before you begin the application, make sure you have scanned copies of the following documents, as you will need to upload them.
Documents Required for Uploading:
- Recent Photograph (20kb-50kb, .jpg/.jpeg)
- Signature (10kb-20kb, .jpg/.jpeg)
- Brief Resume (PDF, max 500kb)
- ID Proof (e.g., Aadhar, Passport, Driving License) (PDF, max 500kb)
- PAN Card (PDF, max 500kb)
- Educational Certificates (Relevant Mark-Sheets, Degree/Diploma) (PDF, max 500kb)
- Experience Certificates (Detailing your job profile) (PDF, max 500kb)
- Latest Salary Slip or Form-16 from your current employer (PDF, max 500kb)
- PwBD Certificate (if applicable) (PDF, max 500kb)
- No Objection Certificate (NOC) (if working in Govt./PSU) (PDF, max 500kb)
Step-by-Step Application Process:
- Visit the official SBI careers page. (link provided below)
- On the page, find the “ENGAGEMENT OF SPECIALIST CADRE OFFICERS ON CONTRACT BASIS” link with Advertisement No. CRPD/SCO/2025-26/15.
- Click on “Apply Online” next to the advertisement.
- You will be redirected to a new page. Click on “New Registration” to start your application.
- Enter your basic information to generate a provisional Registration Number and Password. Note these down.
- Log in using the Registration Number and Password and fill out the detailed application form with your personal, educational, and experience details.
- Upload your scanned Photograph and Signature as per the specified dimensions.
- Upload all the required documents (Resume, ID Proof, Edu/Exp certificates, etc.) in PDF format.
- Click on the “Preview” tab to verify all the details you have entered. No changes can be made after the final submission.
- If all details are correct, proceed to the “Payment” tab and pay the application fee online using a Debit Card, Credit Card, or Internet Banking.
- After successful payment, click the “Submit” button.
- Take a printout of your final submitted application form and the e-receipt for your records.
Important Dates
| Event | Date |
|---|---|
| Online Application & Fee Payment Starts | 27.10.2025 |
| Online Application & Fee Payment Ends | 17.11.2025 |
| Interview Date | To be Notified Later |
Application Fees
A non-refundable application fee is required to be paid online.
| Category | Fee |
|---|---|
| UR / EWS / OBC | ₹750/- |
| SC / ST / PwBD | No Fee |
Essential Links
| Link Description | Click Here |
|---|---|
| Apply Online | Online Application Link |
| Download Official Notification PDF | Click Here |
| Official Website | Click Here |
| Join our WhatsApp Channel | Click Here |
| Join our Telegram Channel | Click Here |
| Follow us on Our Indian App Arattai | Click Here |
This SBI SO Recruitment 2025 is a premium opportunity for professionals to leverage their experience and join India’s most trusted bank. With 122 specialist posts and excellent remuneration, this is a career move you don’t want to miss. Ensure you meet all the eligibility criteria, gather your documents, and submit your application well before the last date of 17th November 2025.