SBI Wealth Management Recruitment 2026 has been announced by the State Bank of India for 207 Specialist Cadre Officer vacancies on a contract basis. The recruitment is being conducted under Advertisement No. CRPD/SCO/2026-27/23 for senior and mid-level wealth management roles including Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.
Online registration and fee payment started on 4 September 2026 and will close on 25 September 2026. SBI has not stated a specific closing clock time in the detailed advertisement, so candidates should complete the form well before the last date. Applications must be submitted only through SBI's official recruitment portal.
SBI Wealth Management Recruitment 2026 Overview
| Particular | Details |
|---|---|
| Organisation | State Bank of India |
| Advertisement No. | CRPD/SCO/2026-27/23 |
| Recruitment | Specialist Cadre Officers on Contract Basis |
| Total Vacancies | 207 |
| Application Start Date | 4 September 2026 |
| Last Date | 25 September 2026 |
| Application Mode | Online |
| Selection | Shortlisting, interview and CTC negotiation |
| Contract Period | 5 years, renewable for another 4 years at SBI's discretion subject to conditions |
| Job Location | Multiple SBI circles/centres across India |
SBI SCO Vacancy Details 2026
| Post | SC | ST | OBC | EWS | UR | Total | Age |
|---|---|---|---|---|---|---|---|
| Zonal Head (Retail) | 0 | 0 | 1 | 0 | 0 | 1 | 35-50 |
| Regional Head | 1 | 1 | 1 | 0 | 2 | 5 | 35-50 |
| Relationship Manager-Team Lead | 3 | 3 | 3 | 2 | 13 | 24 | 28-42 |
| Investment Specialist | 3 | 1 | 2 | 0 | 3 | 9 | 28-42 |
| Investment Officer | 0 | 1 | 1 | 0 | 2 | 4 | 28-40 |
| VP Wealth | 18 | 19 | 39 | 2 | 13 | 91 | 26-42 |
| AVP Wealth | 14 | 5 | 18 | 7 | 29 | 73 | 23-35 |
| Total | 39 | 30 | 65 | 11 | 62 | 207 | - |
The totals above combine regular and backlog vacancies shown by SBI. The official advertisement also gives horizontal PwBD vacancies for eligible categories. Candidates claiming reservation or age relaxation should read the official PDF carefully and produce certificates in the Government of India format.
Important Dates
| Event | Date |
|---|---|
| Online registration begins | 4 September 2026 |
| Online fee payment begins | 4 September 2026 |
| Last date to register | 25 September 2026 |
| Last date for fee payment | 25 September 2026 |
| Interview date | To be announced by SBI |
Eligibility and Experience
Eligibility is different for every post. The qualification and experience must be held as on 31 August 2026. Teaching and training experience is not counted for eligibility.
| Post | Mandatory Qualification | Minimum Relevant Experience |
|---|---|---|
| Zonal Head | Graduate from a Government-recognised university/institution | 15 years in sales in Wealth Management/Retail Banking/AMCs, including at least 5 years leading a large team of Relationship Managers and Team Leads |
| Regional Head | Graduate | 12+ years in relationship management, preferably wealth management, including 5+ years leading a large RM/Team Lead team |
| Relationship Manager-Team Lead | Graduate | Minimum 8 years in relationship management, preferably wealth management |
| Investment Specialist | PG Degree/PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science, or CA/CFA | Minimum 6 years as investment adviser/counsellor/officer/product-team professional in Wealth Management firms or AMCs |
| Investment Officer | Same professional qualification streams as Investment Specialist, or CA/CFA | Minimum 4 years in investment advisory/counselling/officer/product-team role in Wealth Management firms or AMCs |
| VP Wealth | Graduate | 6 years in sales and marketing with leading banks, wealth management firms or AMCs |
| AVP Wealth | Graduate | 3 years in sales and marketing with eligible banks/wealth firms/AMCs; SBI Wealth CREs require 4 years of experience as specified by SBI |
SBI lists MBA in Banking/Finance/Marketing and certifications such as CFP, CFA and relevant NISM qualifications as preferred for several posts. These preferred qualifications do not replace the mandatory eligibility conditions.
Age Limit and Relaxation
The post-wise minimum and maximum ages are shown in the vacancy table above and are calculated as on 31 August 2026. The maximum ages shown by SBI are for unreserved candidates. Upper-age relaxation is available to eligible reserved-category candidates according to Government of India guidelines.
SBI Wealth Management Salary / CTC
| Post | Annual CTC Upper Range |
|---|---|
| Zonal Head | ₹97.00 lakh |
| Regional Head | ₹66.40 lakh |
| Relationship Manager-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 states that annual CTC is negotiable and depends on experience, current emoluments and place of posting. The upper range includes fixed pay, performance-linked pay and applicable perks. This is contractual engagement rather than a regular SBI pay-scale appointment.
Application Fee
| Category | Fee |
|---|---|
| UR / EWS / OBC | ₹750 |
| SC / ST / PwBD | No fee |
The application fee is non-refundable and must be paid online through the payment gateway using Internet Banking, debit card, credit card or another supported method.
Selection Process
- Shortlisting: SBI's shortlisting committee will decide the parameters. Meeting the minimum qualification and experience does not guarantee an interview call.
- Interview: SBI may conduct one or more rounds through personal, telephonic or video interview. The interview carries 100 marks.
- CTC negotiation: Compensation negotiation may be conducted during or after the interview process.
- Merit list: Final merit will be prepared in descending order based on interview marks. If candidates have equal cut-off marks, the older candidate is ranked higher.
- Document verification/background checks: Eligibility and experience documents are verified before final engagement.
Documents to Keep Ready
- Recent photograph and signature
- Brief resume in PDF
- Identity proof and PAN card
- Date-of-birth/age proof
- Educational marksheets and degree/certificate
- Experience certificates
- Form 16, offer letter or latest salary slip from current employer
- Caste/EWS/PwBD certificates where applicable
- No Objection Certificate where applicable
- Prescribed SBI biodata and CTC format
SBI states that most uploaded documents must be PDF files and should not exceed 500 KB. Candidates should ensure every document is clear and readable before final submission.
How to Apply for SBI Wealth Management Recruitment 2026
- Open the SBI Current Openings page or the direct application link given below.
- Select Advertisement No. CRPD/SCO/2026-27/23.
- Choose the post for which you satisfy the age, qualification and experience requirements. SBI allows eligible candidates to apply for more than one post.
- Complete the online registration and note the provisional registration number and password.
- Enter personal, qualification and full-time post-qualification experience details carefully.
- For applicable wealth posts, select the required circle preferences according to SBI instructions.
- Upload photograph, signature, resume, certificates, experience proof and other required documents.
- Pay ₹750 if you belong to UR/EWS/OBC. SC/ST/PwBD candidates do not have to pay the application fee.
- Review every entry before final submission. After fee payment, further editing may not be allowed.
- Submit the form before 25 September 2026 and save/print the application form and e-receipt.
Important Official Links
| Purpose | Official Link |
|---|---|
| Apply Now | SBI Direct Application Portal |
| Official Notification PDF | Download SBI SCO Advertisement |
| Official Recruitment Page | SBI Current Openings |
Candidates interested in banking jobs can also check our SBI Trade Finance Officer Recruitment 2026 coverage. Candidates who appeared for the Probationary Officer examination can see the SBI PO Prelims Result 2026.
Frequently Asked Questions
How many vacancies are in SBI Wealth Management Recruitment 2026?
SBI has notified 207 contractual Specialist Cadre Officer vacancies across seven wealth management posts.
What is the last date to apply?
The last date for online registration and fee payment is 25 September 2026. The detailed advertisement does not state a specific closing time.
Is SBI SCO 2026 a permanent recruitment?
No. Advertisement CRPD/SCO/2026-27/23 is for engagement on a contract basis. The notified contract period is five years and may be renewed for another four years at SBI's discretion subject to stated conditions.
Is there a written exam?
The notified selection process for these posts is shortlisting followed by interview and CTC negotiation. SBI has not prescribed a written examination for this advertisement.
Can I apply for more than one post?
Yes. SBI specifically states that a candidate may apply for more than one post if all eligibility conditions are satisfied.
Popular Search Queries
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Official-source note: This article is based on State Bank of India's official Current Openings page and Advertisement No. CRPD/SCO/2026-27/23. Candidates should read the complete SBI notification before submitting the application.