Banking Jobs: Government bank job with a package of up to ₹97 lakh; recruitment for 283 officer posts—who can apply?

SBI Specialist Cadre Officer Recruitment 2026: The State Bank of India (SBI) has issued a notification to recruit for 283 Specialist Cadre Officer positions. This recruitment will be on a contractual basis. The hiring is primarily for the bank's Wealth Management and Premier Banking departments. These 283 positions comprise 207 regular posts and 76 backlog posts. Interested and eligible candidates can apply online from September 4, 2026, to September 25, 2026.

A key feature of this recruitment drive is that candidates will not be required to appear for any written online examination. Selection will be based on interviews, experience, and criteria determined by the bank.
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What is the application schedule?
The application process for SBI recruitment will commence on September 4. Candidates must complete the application and fee payment process within the stipulated timeframe.

Application start date: September 4, 2026
Last date for application and fee payment: September 25, 2026
Correction facility: Up to three times before final submission
After final submission: No changes will be permitted

Candidates should thoroughly verify all details before finally submitting their applications.

What are the positions and the number of vacancies?

SBI has announced vacancies for seven different positions. The post-wise details are as follows:

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 posts include vacancies for Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), Economically Weaker Sections (EWS), and the Unreserved category.

What are the qualifications for Zonal Head and Regional Head?
Zonal Head (Retail)
Candidates must hold a bachelor's degree from a recognized university or institution. An MBA in Banking, Finance, or Marketing with 60% marks is preferred. Relevant certifications such as CFP, CFA, NISM, etc., are also considered advantageous.

Candidates must possess at least 15 years of experience in sales management within wealth management, retail banking, or an AMC. This must include at least five years of experience leading a team of Relationship Managers and Team Leads.

Regional Head
A bachelor's degree is mandatory for this post. An MBA in Banking, Finance, or Marketing with 60% marks and relevant professional certifications are preferred.

At least 12 years of experience in relationship management is required. Experience in wealth management with major public sector, private, or foreign banks, wealth management companies, or AMCs is preferred. At least five years of experience leading a large team of Relationship Managers or working as a Team Lead is mandatory.

What is required for the Relationship Manager - Team Lead post?
The age limit for this post is 28 to 42 years. Candidates must be graduates. An MBA in Banking, Finance, or Marketing with 60% marks is required; qualifications such as CFP, CFA, or relevant NISM certifications are preferred.

Candidates must have at least eight years of experience in relationship management. Experience in wealth management, major public, private, or foreign banks, broking or securities firms, or Asset Management Companies (AMCs) is preferred. Experience as a team lead is also an added advantage.

What are the qualifications for Investment Specialist and Investment Officer?
For both these positions, a postgraduate degree or postgraduate diploma in relevant subjects, or a professional qualification like CA/CFA, is mandatory. Relevant subjects include Finance, Accounting, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, and Actuarial Science.

Investment Specialist
The age limit is 28 to 42 years. At least six years of post-qualification experience is required. Candidates should have worked as an investment advisor, consultant, or officer, or as part of a product team in a wealth management company or AMC.

Investment Officer
The age limit is 28 to 40 years. At least four years of post-qualification experience in the relevant field is mandatory. Experience working as an investment advisor, consultant, or officer, or in a product team, is valid. Qualifications such as CA, CFP, CFA, NISM Investment Advisor, Research Analyst certification, and NISM 21-A are preferred.

What are the requirements for VP (Wealth) and AVP (Wealth)?
VP (Wealth)
The age limit for this position is 26 to 42 years. A bachelor's degree is mandatory. An MBA in Banking, Finance, or Marketing, along with qualifications like NISM, CFP, or CFA, is preferred.

At least six years of experience in sales and marketing within major public, private, or foreign banks, wealth management companies, or AMCs is required. Experience as a Relationship Manager is preferred. AVP – Wealth
The age limit for this position is 23 to 35 years. Candidates holding a bachelor's degree are eligible to apply. A postgraduate degree in Finance, Marketing, or Banking, along with relevant certifications, is preferred.

A minimum of three years of experience in sales and marketing with major public, private, or foreign banks, wealth management companies, or Asset Management Companies (AMCs) is required. For the role of Customer Relationship Officer at SBI Wealth, four years of experience is mandatory.

What are the age and experience requirements for each post?

The age and experience criteria vary by post for this recruitment. All requirements will be calculated as of August 31, 2026.

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*

Will there be a written exam for the SBI recruitment?
No... There will be no written online examination for this recruitment.
The selection process will be entirely evaluation-based.
The bank will first shortlist the candidates.
Subsequently, shortlisted candidates will be called for a personal interview.
The personal interview will carry 100 marks.

However, merely meeting the eligibility criteria does not guarantee a call for the interview. A committee constituted by the bank will shortlist candidates based on its established standards.

What is the potential annual package for each post?

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

What is the tenure of the job, and what are the exit rules?
The initial contract period will be five years.
It may be extended by another four years, subject to the bank's discretion and stipulated terms.
Either party may provide two months' notice to terminate the contract.
Alternatively, the contract may be terminated by paying two months' remuneration instead of notice.