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SBI SCO Recruitment 2026 Apply Online for 207 Posts, Salary Up to ₹97 Lakh

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SBI SCO Recruitment 2026: State Bank of India (SBI) has released the official notification for Specialist Cadre Officers (SCO) on Contract Basis for Wealth Management & Premier Banking. The recruitment is being conducted under Advertisement No. CRPD/SCO/2026-27/23 for posts including Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.

The notification was released on 03 September 2026, while the online application process will start from 04 September 2026 and continue up to 25 September 2026. SBI has notified 207 regular vacancies, while the notification separately mentions 75 backlog vacancies.

SBI SCO Wealth Management Recruitment 2026 – Overview

ParticularDetails
Recruitment OrganizationState Bank of India (SBI)
Post NameSpecialist Cadre Officers – Wealth Management
Advertisement No.CRPD/SCO/2026-27/23
Regular Vacancies207 Posts
Backlog Vacancies75 Posts
Job BasisContract Basis
Application ModeOnline
Application Start Date04 September 2026
Last Date to Apply25 September 2026
Selection ProcessShortlisting & Interview
Official Websitesbi.bank.in
Active HP Govt JobsClick Here

Important Dates

EventDate
Notification Release03 September 2026
Online Application Starts04 September 2026
Last Date to Apply Online25 September 2026
Last Date for Fee Payment25 September 2026
InterviewTo be notified

Candidates are advised not to wait until the last date, as SBI has specifically advised applicants to complete the registration process well in advance.

Application Fee

CategoryApplication Fee
UR / EWS / OBC₹750/-
SC / ST / PwBDNil
Payment ModeOnline

The application fee/intimation charges are non-refundable. Payment can be made through the available online payment gateway.

SBI SCO Vacancy 2026

Post NameRegular VacancyAge Limit
Zonal Head (Retail)135–50 Years
Regional Head (RH)535–50 Years
Relationship Manager-Team Lead2428–42 Years
Investment Specialist (IS)928–42 Years
Investment Officer (IO)428–40 Years
VP Wealth9126–42 Years
AVP Wealth7323–35 Years
Total207

The age limit is calculated as on 31 August 2026. Applicable upper-age relaxation will be provided to eligible reserved-category candidates as per Government of India guidelines.

SBI SCO Recruitment 2026 – Educational Qualification

The educational qualification and experience differ according to the post.

  • Zonal Head: Graduation from a recognised university/institution with at least 15 years of relevant experience. MBA in Banking/Finance/Marketing and certifications such as CFP, CFA or relevant NISM qualifications are preferred.
  • Regional Head: Graduation with substantial relevant experience in banking/wealth management and sales leadership.
  • Relationship Manager-Team Lead: Graduation with relevant professional experience in wealth management/retail banking and team handling.
  • Investment Specialist: Relevant postgraduate degree/diploma or professional qualification such as CA/CFA along with relevant investment/wealth management experience.
  • Investment Officer: Relevant PG degree/PG diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science, or CA/CFA, along with 4 years of post-qualification experience.
  • VP Wealth: Graduation with relevant experience in wealth management and client relationship/sales functions.
  • AVP Wealth: Graduation is mandatory, while postgraduate qualifications and certifications such as NISM, CFP or CFA are preferred. Relevant sales and marketing experience is required.

Note: Teaching and training experience will not be counted towards the prescribed eligibility experience.

SBI SCO Salary 2026

The recruitment offers an attractive compensation package with fixed pay, allowances and Performance Linked Pay (PLP).

PostFixed Pay
Zonal Head₹97.00 Lakh
Regional Head₹66.40Lakh
RM-Team Lead₹51.80 Lakh
Investment Specialist₹44.50 Lakh
Investment Officer₹27.10 Lakh
VP Wealth₹44.70 Lakh
AVP Wealth₹30.20 Lakh

SBI SCO Selection Process 2026

There is no written examination prescribed in the notification. The selection process broadly includes:

  1. Shortlisting of Applications
  2. Personal / Telephonic / Video Interview
  3. CTC Negotiation
  4. Final Merit List

The interview carries 100 marks. SBI will shortlist candidates based on qualifications, experience, suitability and other parameters decided by the shortlisting committee. Mere fulfilment of minimum eligibility does not guarantee an interview call.

How to Apply for SBI SCO Recruitment 2026?

Eligible candidates can apply online only through the SBI Careers portal.

  1. Visit the official SBI Careers – Current Openings page.
  2. Find CRPD/SCO/2026-27/23 – Wealth Management & Premier Banking.
  3. Click on Apply Online.
  4. Complete the registration and generate the Registration Number and Password.
  5. Enter personal, educational and professional details.
  6. Upload the required photograph, signature, resume and supporting documents.
  7. Select the applicable Circle preferences.
  8. Pay the application fee.
  9. Preview and verify all details carefully.
  10. Submit the application and download the application form and e-receipt for future reference.

Candidates can apply for more than one post if they fulfil the eligibility requirements. However, candidates should carefully check the conditions applicable to each post before submitting multiple applications.

Important Links

ParticularLink
SBI Official CareersClick Here
SBI SCO Wealth Management Notification PDFDownload PDF
Apply OnlineClick here

FAQs – SBI SO Wealth Management Recruitment 2026

1. How many vacancies are available in SBI SCO Recruitment 2026?

SBI has announced 207 regular vacancies. The notification separately lists 75 backlog vacancies.

2. What is the last date to apply for SBI SCO Recruitment 2026?

The last date for submitting the online application and paying the applicable fee is 25 September 2026.

3. What is the SBI SO application fee?

UR, EWS and OBC candidates have to pay ₹750, whereas SC, ST and PwBD candidates are exempted from the application fee.

4. Is there any written exam for SBI SCO Wealth Management Recruitment?

No written examination is prescribed in the notification. Candidates will be shortlisted and called for the prescribed interview/selection process, with CTC negotiation as applicable.

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