SBI SO Recruitment 2026: 207 Specialist Cadre Officer Posts on Contract
State Bank of India has opened applications for 207 Specialist Cadre Officer posts under its Wealth Management and Premier Banking business. These are senior, experience-based roles — Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. If you already work in wealth management, retail banking or an AMC, this is one of the highest-CTC openings in banking jobs this year, with an annual CTC that reaches Rs 97.00 lakh at the top.
One thing to be clear about from the start: this is an engagement on contract, not a regular officer’s post in the bank’s pay scale. The contract runs for 5 years and can be renewed for another 4 years at the Bank’s discretion. Applications are open from 4 September 2026 to 25 September 2026. Read the post you are targeting row by row below, because the age band, the experience bar and the CTC vary across the seven posts.
What are the Key Highlights of SBI SO Recruitment 2026?
| Detail | Information |
|---|---|
| Organisation | State Bank of India (CRPD, Corporate Centre, Mumbai) |
| Advertisement No. | CRPD/SCO/2026-27/23 |
| Total Vacancies | 207 |
| Number of Posts | 7 |
| Engagement Type | Contract — 5 years, renewable by another 4 years |
| Annual CTC (upper range) | Rs 27.10 lakh to Rs 97.00 lakh, negotiable |
| Application Window | 4 September 2026 to 25 September 2026 |
| Job Location | Pan-India, across 17 SBI Circles |
| Selection | Shortlisting, interview of 100 marks, CTC negotiation |
| Applications per candidate | You may apply for more than one post if you meet every eligibility condition for each post applied for |
Because these are contract roles, there is no pay level, pay band or grade pay here. You are offered an annual Cost to Company package, negotiated with you individually.
SBI SO Vacancy Details 2026: How Many Posts for Each Cadre?
The reservation split changes completely from post to post, so read your own row. VP Wealth alone carries 91 of the 207 seats.
| Post | Category-wise Vacancies (SC, ST, OBC, EWS, UR) | Total |
|---|---|---|
| Zonal Head (Retail) | SC 0 / ST 0 / OBC 1 / EWS 0 / UR 0 | 1 |
| Regional Head (RH) | SC 1 / ST 1 / OBC 1 / EWS 0 / UR 2 | 5 |
| Relationship Manager-Team Lead | SC 3 / ST 3 / OBC 3 / EWS 2 / UR 13 | 24 |
| Investment Specialist (IS) | SC 3 / ST 1 / OBC 2 / EWS 0 / UR 3 | 9 |
| Investment Officer (IO) | SC 0 / ST 1 / OBC 1 / EWS 0 / UR 2 | 4 |
| VP Wealth (SRM) | SC 18 / ST 19 / OBC 39 / EWS 2 / UR 13 | 91 |
| AVP Wealth (RM) | SC 14 / ST 5 / OBC 18 / EWS 7 / UR 29 | 73 |
| All 7 posts | SC 39 / ST 30 / OBC 65 / EWS 11 / UR 62 | 207 |
Look at the first row. The single Zonal Head (Retail) seat is a backlog OBC seat with no Unreserved vacancy at all. Zonal Head, Regional Head, Investment Specialist and Investment Officer carry no EWS seat. A reserved-category candidate for whom no seat is shown may still apply against UR vacancies, if every UR condition is met.
Each post is split into regular and backlog vacancies, and the total for each post is simply the two added together.
| Post | Regular | Backlog |
|---|---|---|
| Zonal Head (Retail) | 0 | 1 |
| Regional Head (RH) | 4 | 1 |
| Relationship Manager-Team Lead | 22 | 2 |
| Investment Specialist (IS) | 6 | 3 |
| Investment Officer (IO) | 3 | 1 |
| VP Wealth (SRM) | 26 | 65 |
| AVP Wealth (RM) | 70 | 3 |
| All 7 posts | 131 | 76 |
Reservation for candidates with benchmark disabilities is horizontal — these seats sit inside the parent category figures, they are not extra seats. VI is visually impaired, HI hearing impaired, LD locomotor disability, and d&e the disabilities under Section 34(1)(d) and (e) of the Rights of Persons with Disabilities Act 2016. All the vacancies shown are provisional and may change with the Bank’s requirement.
| Post | PwBD Regular (VI, HI, LD, d&e) | PwBD Backlog (VI, HI, LD, d&e) |
|---|---|---|
| Zonal Head (Retail) | 0 / 0 / 0 / 0 | 1 / 0 / 0 / 0 |
| Regional Head (RH) | 0 / 0 / 0 / 0 | 1 / 0 / 0 / 0 |
| Relationship Manager-Team Lead | 1 / 0 / 0 / 0 | 0 / 1 / 1 / 0 |
| Investment Specialist (IS) | 0 / 0 / 0 / 0 | 1 / 0 / 0 / 0 |
| Investment Officer (IO) | 0 / 0 / 0 / 0 | 1 / 0 / 0 / 0 |
| VP Wealth (SRM) | 1 / 1 / 0 / 0 | 4 / 3 / 4 / 4 |
| AVP Wealth (RM) | 1 / 1 / 1 / 0 | 2 / 2 / 1 / 3 |
SBI SO Circle-wise Vacancy 2026: Which Circle Has How Many Posts?
Five of the seven posts are filled Circle by Circle: Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. You must indicate three different Circles in your online application for these posts.
| Circle | RM-Team Lead / IS / IO | 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 |
| All 17 Circles | 24 / 9 / 4 | 91 / 73 |
Choose those three Circles with care: no request for a change of Circle preference will be entertained at any stage, and if you do not get a Circle of your choice your candidature may be considered for other Circles. Zonal Head (Retail) sits at Kolkata for the East Zone; Regional Head postings are at Bengaluru, Bhopal, Hyderabad, Guwahati and Patna.
What is the Eligibility Criteria for SBI SO Recruitment 2026?
All qualification, age and experience conditions are counted as on 31 August 2026.
| Post | Educational Qualification |
|---|---|
| Zonal Head, Regional Head, RM-Team Lead, VP Wealth, AVP Wealth | Graduation from a Government recognised University or Institution |
| Investment Specialist (IS), Investment Officer (IO) | Professional PG Degree or PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science from a recognised College or University, or CA / CFA |
| Preferred (not mandatory) – Zonal Head, Regional Head, RM-Team Lead | MBA in Banking, Finance or Marketing with 60%, and CFP / CFA / NISM V-A / NISM Investment Advisor / NISM XXI-A |
| Preferred (not mandatory) – Investment Specialist, Investment Officer | CA / CFP / CFA / NISM Investment Advisor / Research Analyst Certificate / NISM XXI-A. An MBA is not on this preferred list, but a PG Degree or Diploma in Business Management already meets the mandatory qualification for these two posts |
| Preferred (not mandatory) – VP Wealth | MBA in Banking, Finance or Marketing with 60%, and NISM V-A / NISM XXI-A / CFP / CFA |
| Preferred (not mandatory) – AVP Wealth | Weightage for post-graduation in Finance, Marketing or Banking, and NISM V-A / NISM XXI-A / CFP / CFA |
If you are a graduate looking for a government sector job, five of the seven posts ask for nothing more than a degree — the rest rests on your work record. The two investment posts are aimed squarely at commerce and finance professionals. The preferred extras are never mandatory and differ by post, as the table above shows.
Experience is where most applications will actually be decided.
| Post | Minimum Post-Qualification Experience |
|---|---|
| Zonal Head (Retail) | 15 years managing sales in Wealth Management, Retail Banking or AMCs, including 5 years leading a large team of Relationship Managers and Team Leads, preferably in Wealth Management Firms or AMCs |
| Regional Head (RH) | 12+ years in relationship management, plus 5+ years leading a large team of RMs or working as a Team Lead |
| Relationship Manager-Team Lead | 8 years in relationship management (Team Lead experience preferred) |
| Investment Specialist (IS) | 6 years as an investment advisor, counsellor, officer or product team member in Wealth Management Firms or AMCs |
| Investment Officer (IO) | 4 years in those same roles |
| VP Wealth (SRM) | 6 years in sales and marketing with leading Public, Private or Foreign Banks, Wealth Management Firms or AMCs |
| AVP Wealth (RM) | 3 years in sales and marketing with the same kind of employers, or SBI Wealth CREs with 4 years of experience |
| Proof of experience (all posts) | The period is reckoned from your Biodata or Resume and verified at interview or joining by an employer’s experience certificate, annual performance appraisal letters, appointment plus relieving letters, offer letter plus IT returns, or any other authentic documentary evidence subject to background and reference checks |
| Preferred experience (not mandatory) – VP Wealth, AVP Wealth | VP Wealth: 6 years as a Relationship Manager or similar role, preferably in Wealth Management with leading Public, Private or Foreign Banks, Wealth Management Firms or AMCs. AVP Wealth: 3 years in the same kind of role |
Two rules cut real years off many CVs: teaching and training experience will not be counted, and experience of less than six months in any organisation is not considered. Your experience certificate must specifically say you worked in the related field, or the Bank can cancel your candidature at any point of time.
What is the Age Limit for SBI SO Recruitment 2026?
| Post | Age as on 31 August 2026 |
|---|---|
| Zonal Head (Retail) | 35 to 50 years |
| Regional Head (RH) | 35 to 50 years |
| Relationship Manager-Team Lead | 28 to 42 years |
| Investment Specialist (IS) | 28 to 42 years |
| Investment Officer (IO) | 28 to 40 years |
| VP Wealth (SRM) | 26 to 42 years |
| AVP Wealth (RM) | 23 to 35 years |
🎂 Not sure if you meet the age criteria? Use the free GovtJobsAlert Age Calculator for Government Exams to find your exact age on the cut-off date and instantly check your eligibility — including any age relaxation you qualify for. →
The maximum age shown is for Unreserved candidates. Upper-age relaxation for reserved categories is as per Government of India guidelines, wherever applicable — the notification prints no figure for any category, so do not assume a fixed number of years. Work out your exact age on 31 August 2026 before you pay.
What is the Salary for SBI SO Recruitment 2026? CTC Up to Rs 97 Lakh
| Post | Annual CTC (upper range) | Fixed Pay (maximum) |
|---|---|---|
| Zonal Head (Retail) | Rs 97.00 lakh | Rs 66.00 lakh |
| Regional Head (RH) | Rs 66.40 lakh | Rs 45.00 lakh |
| Relationship Manager-Team Lead | Rs 51.80 lakh | Rs 35.00 lakh |
| Investment Specialist (IS) | Rs 44.50 lakh | Rs 30.00 lakh |
| Investment Officer (IO) | Rs 27.10 lakh | Rs 18.00 lakh |
| VP Wealth (SRM) | Rs 44.70 lakh | Rs 30.00 lakh |
| AVP Wealth (RM) | Rs 30.20 lakh | Rs 20.00 lakh |
These are upper-range figures and the CTC is negotiable — what you finally get depends on your experience, what you earn today and where you are posted, and it is settled one-to-one during selection.
| Component | Detail |
|---|---|
| Conveyance, mobile and medical allowances | Rs 1.16 lakh for VP and AVP Wealth, Rs 1.10 lakh for Zonal and Regional Head, Rs 1.04 lakh for RM-Team Lead, Rs 0.92 lakh for IS and IO |
| Performance Linked Pay | 0% to 45% of fixed pay |
| Annual increment band | 0% to 25% (0% to 20% for Regional Head) |
| Notice period | 2 months from either side, or 2 months’ compensation in lieu; the contract may be terminated at any time without assigning any reason |
| Contract renewal | 5 years, renewable by another 4 years at the Bank’s discretion and subject to fulfilment of any conditions the Bank stipulates |
| Leave conditions | 30 days in a financial year, granted by the Bank for genuine and appropriate reasons |
What is the Selection Process for SBI SO Recruitment 2026? Interview Only
| Stage | Detail |
|---|---|
| Shortlisting | Provisional, without verification of original documents; the shortlisting committee decides the parameters |
| Interview | One or more rounds — personal, telephonic or video — carrying 100 marks; qualifying marks are decided by the Bank |
| CTC Negotiation | Done with candidates one by one, at the interview or after the interview process |
| Document Verification | Originals checked when you report for the interview |
| Medical Fitness | Engagement is subject to being declared medically fit as per the Bank’s requirement |
| What the interview tests | For Investment Specialist and Investment Officer the notification says these skills will be tested at interview: investments and markets across asset classes, managing and advising client portfolios, asset allocation and re-balancing, presentation, leadership and teamwork, and fixed income, equity and alternate markets. For AVP Wealth: communication, analytical and interpersonal skill with financial expertise and a client-centric approach |
The notification prescribes no written test here, so exam pattern, syllabus and admit card are all Not Applicable. Your whole score comes from the interview — the merit list runs on interview marks alone, and at a tie the older candidate ranks higher. Call letters and advices go by email or website upload, so keep that email ID active. The Bank’s decision on eligibility, on the conduct of the interview and on any other tests is final and binding.
Which Conditions Can Cancel Your SBI SO Recruitment 2026 Application?
These are the lines candidates skip. Each one can end your candidature after you have already paid.
| Condition | What it means for you |
|---|---|
| Documents not uploaded | Resume, ID proof, age proof, caste or PwBD certificate, education and experience proof must all be uploaded, failing which your application will not be considered for shortlisting or interview |
| Teaching and training work | Will not be counted for eligibility |
| Short stints | Experience of less than six months in any organisation shall not be considered |
| Meeting the minimum | Mere fulfilment of the eligibility criteria — the minimum required qualifications and experiences — shall not entitle a candidate to be called for interview, and no correspondence will be entertained |
| Found ineligible at interview | You will neither be allowed to appear nor be entitled to reimbursement of travelling expenses |
| Earlier offer not joined | Candidates issued offer letters in earlier Wealth Management and Premier Banking exercises who did not join are debarred for 2 years from the date of non-joining, from any post or vacancy in the current and all future recruitment processes |
| Earlier resignation | Candidates previously engaged on the posts mentioned in this advertisement who subsequently resigned are debarred for 2 years from the date of resignation from applying for any position or post mentioned in this advertisement; where a caution notice was issued, they are barred from all forthcoming recruitments |
| Serving employees | Those serving in Govt., Quasi-Govt., PSU, Nationalised Bank, Financial Institution and SBI Group companies must submit an NOC from their employer at the time of interview, failing which candidature may not be considered and travel expenses will not be paid; candidates working in State Bank Group companies must in addition produce the NOC while applying for any post |
| False information | Furnishing false information or suppressing facts leads to disqualification, debarment and legal or criminal action; the candidature stands cancelled and, if detected after engagement, the contract is liable to be terminated |
| Fraud or impersonation | Candidates who attempt fraud or impersonation are liable to be debarred from future recruitment processes conducted by the Bank |
| Adverse antecedents | Candidates with adverse reports on character, antecedents or moral turpitude are not eligible; such candidature or service will be rejected forthwith |
| OBC creamy layer | Creamy-layer candidates are not entitled to OBC relaxation or reservation and must indicate their category as UR, or as UR (LD / VI / HI / d&e) if they are a person with benchmark disability |
| OBC-NCL certificate | Must be issued between 1 April 2026 and the interview date; no extension will be entertained and candidature will be cancelled |
| EWS certificate | Without a valid Income and Asset Certificate for FY2025-26 valid for FY2026-27 by the closing date, apply under UR only |
| Editing your form | A saved application can be re-opened and edited only three times; after fee payment no change or edit is allowed |
| Multiple applications | Only the last valid completed application is retained; the fee paid for other registrations stands forfeited |
| Local travel | Outstation candidates called for interview are reimbursed travel fare for the shortest route in India or the actual travel cost, whichever is lower, with the eligibility stated in the call letter; local conveyance such as taxi, cab or personal vehicle cost will not be payable |
| Bank’s discretion | The Bank reserves the right to cancel this recruitment entirely, or for any particular post, at any stage without giving reasons |
| Transfer and deputation | The Bank may transfer an Officer Engaged on Contract to any SBI office in India, or depute him to an associate, subsidiary or any other organisation, as service exigencies require; a request for posting or transfer to a specific place or office may not be entertained |
| Role and KRAs | The job profiles printed in the advertisement are illustrative only; your Key Responsibility Areas are assigned on joining, and the Bank may assign roles and jobs beyond those listed from time to time |
| Criminal cases and police check | At the interview you must disclose any criminal case pending against you; the Bank may independently verify police records and reserves the right to deny the engagement on the basis of that disclosure or verification |
| Caste certificate format | SC, ST and OBC-NCL candidates must submit the caste certificate on the format prescribed by the Government of India; non-production in that format may lead to cancellation of candidature at any point of time |
| Discharge certificate | If selected, you must produce a proper discharge certificate from your employer at the time of taking up the engagement |
| Full-time experience only | The educational qualification prescribed is the minimum, and both the qualification and the relevant full-time experience must be held as on 31 August 2026 |
| Documents locked after upload | Once uploaded and submitted, the documents cannot be edited or changed; and the online application is not registered at all until the photograph and signature are uploaded as specified |
| Unclear photo or signature | If the face in the photograph or the signature is unclear, your application may be rejected |
| PwBD benchmark | Only a person with not less than 40% of a specified disability counts as a person with benchmark disability; a PwBD backlog seat with no suitable candidate in that category may be filled by interchange among other eligible PwBD categories for which the post is identified suitable |
| EWS seats and certificate | EWS vacancies are tentative, subject to further Government of India directives and the outcome of any litigation, and an EWS appointment is provisional and subject to the Income and Asset Certificate coming through the proper channel |
| Wrong Circle selection | If the Circle selection is incorrect, such as a Circle repeated, the Bank will exercise its discretion and its decision is final and binding |
| Fee cannot be adjusted | The fee once paid is not refunded on any account and cannot be adjusted against any other examination or selection in future |
| Applying late | SBI takes no responsibility if you cannot submit in time because of website load, disconnection or any other cause beyond its control, and none for delay in or loss of any communication |
| Queries and printing errors | All queries must go through the CONTACT US / Post Your Query link on the Bank’s careers page; the Bank states it is not liable for printing errors in the advertisement |
| Court jurisdiction | Any claim or dispute arising out of this advertisement or your application can be instituted only in Mumbai; Courts, Tribunals and Forums at Mumbai have sole and exclusive jurisdiction |
| Conduct rules | The engagement is also subject to the Bank’s service and conduct rules for the post as in force at the time of joining |
| Data consent on applying | Submitting the application is itself your free, informed and unconditional consent, under the Digital Personal Data Protection Act 2023, to the Bank collecting and processing your personal data and sharing it with Data Processors engaged for the recruitment |
How to Apply Online for SBI SO Recruitment 2026?
| Step | Action |
|---|---|
| 1 | Open the SBI careers page and find advertisement no. CRPD/SCO/2026-27/23 (link in Essential Links below) |
| 2 | Read the full advertisement, then register online and save your provisional registration number and password |
| 3 | Upload your photograph and signature in the sizes given, along with resume, ID proof, PAN, PwBD certificate if applicable, education and experience certificates, salary proof, NOC if applicable and the Bank’s Bio-data and CTC Format |
| 4 | Choose three different Circles if you are applying for one of the five Circle-based posts |
| 5 | Check every entry, then pay Rs 750 online if you are not in an exempted category |
| 6 | Print and keep the e-receipt and the system-generated application form |
| File specifications | Photograph 20-50 kb at 200 x 230 pixels and signature 10-20 kb at 140 x 60 pixels, both JPG or JPEG; every other document in PDF, A4 size, not over 500 kb. Sign on white paper with a black ink pen |
| Photograph rules | A recent passport-style colour picture against a light-coloured, preferably white, background; look straight at the camera with a relaxed face; no reflections on spectacles and eyes clearly visible; caps, hats and dark glasses are not acceptable; religious headwear is allowed but must not cover your face |
Your signature must be your own and must not be in capital letters, or it will not be accepted. Keep the experience certificate naming your related field and, if you already work in government or a bank, your No Objection Certificate ready — those two are where most applications fall down. No hard copy needs to be sent to the office.
What are the Important Dates for SBI SO Recruitment 2026?
| Event | Date |
|---|---|
| Notification date | 4 September 2026 |
| Online registration and fee payment start | 4 September 2026 |
| Last date to apply and pay fee | 25 September 2026 |
| Age, qualification and experience cut-off | 31 August 2026 |
| OBC-NCL certificate issue window | 1 April 2026 to the interview date |
| Interview date | To be announced by the Bank |
Registration is complete only when the fee reaches the Bank online on or before the last date. All revisions and corrigendum are hosted on the Bank’s website only, so check it regularly.
What is the Application Fee for SBI SO Recruitment 2026?
| Category | Fee |
|---|---|
| UR / EWS / OBC | Rs 750 |
| SC / ST / PwBD | Nil — fully exempted |
Payment is online only — Internet Banking, Debit Card or Credit Card on the gateway built into the form. Transaction charges, if any, are yours to bear.
Essential Links for SBI SO Recruitment 2026
- Download Official Notification PDF
- Apply Online for SBI SO Recruitment 2026
- Visit SBI Careers Official Website
- Join WhatsApp Channel for Government Jobs
- Join Telegram Channel for Government Jobs
If your CV already shows the years SBI is asking for, this is worth the application — an interview-only selection means your track record is the whole exam here. Get your experience certificates worded correctly, decide your three Circles, and apply well before 25 September 2026. For more banking and PSU job notifications and result updates, keep visiting GovtJobsAlert.