SBI Recruitment 2026: 207 Specialist Officer Posts Open, Annual CTC Up to Rs 97 Lakh; Check Eligibility and Application Details

The State Bank of India (SBI) has started the recruitment process for Specialist Cadre Officer posts under its Wealth Management vertical. The recruitment drive has been announced for professionals with relevant educational qualifications and work experience, offering opportunities across several specialist positions.

According to the recruitment details, SBI is seeking to fill 207 Specialist Cadre Officer posts on a contractual basis. The positions include Zonal Head (Retail), Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.

The recruitment is being conducted under Advertisement No. CRPD/SCO/2026-27/23. Eligible candidates can submit their applications online through the SBI recruitment portal.

The online application process began on September 4, 2026, while the last date for submitting applications is September 25, 2026. Candidates interested in these positions are required to complete the online application process within the prescribed timeline.

One of the major highlights of the recruitment is the compensation offered for the specialist positions. Depending on the post, experience, current remuneration and place of posting, the annual Cost to Company (CTC) can go up to Rs 97 lakh.

SBI Specialist Officer Recruitment 2026: Vacancy Details

The recruitment covers multiple positions in SBI's Wealth Management business. The posts are designed for candidates with varying levels of professional experience, ranging from experienced banking and wealth management professionals to candidates with specialised qualifications and relevant industry exposure.

The notified positions are:

• Zonal Head (Retail)

• Regional Head

The total number of vacancies under the current recruitment drive is 207.

The vacancies include positions at different levels of responsibility. The eligibility requirements therefore differ from one post to another. Candidates are required to check the specific educational qualification, professional experience and age requirements applicable to the post for which they intend to apply.

SBI Recruitment 2026: Post-Wise Eligibility

SBI has prescribed different academic and professional requirements for the Specialist Cadre Officer positions. Since these are specialist roles within the Wealth Management vertical, relevant educational qualifications, certifications and professional experience form an important part of the eligibility criteria.

Zonal Head (Retail)

Candidates applying for the Zonal Head (Retail) position should have an MBA from a recognised university with at least 60 per cent marks.

In addition to the educational requirement, candidates should possess relevant professional certifications. These include certifications such as CFP, CFA, NISM V-A or NISM 21-A.

The post requires substantial professional experience. Candidates should have at least 15 years of relevant experience.

The prescribed age range for the position is 35 to 50 years.

The Zonal Head role is the highest-paid position listed under this recruitment in terms of the stated annual CTC upper range. The annual CTC for the position can go up to Rs 97 lakh.

Regional Head

For the Regional Head position, candidates should have an MBA in Banking, Finance or Marketing with at least 60 per cent marks.

Applicants should also possess relevant professional certifications. The certifications mentioned for the position include CFP, CFA, NISM V-A, NISM Investment Adviser or NISM 21-A.

The required professional experience for this role is 12 years of relevant experience.

The age requirement is 35 to 50 years.

The annual CTC upper range for the Regional Head position is Rs 66.40 lakh.

Relationship Manager-Team Lead

Candidates interested in the Relationship Manager-Team Lead position should hold a bachelor's degree in any discipline.

The position requires candidates to have at least eight years of work experience.

The prescribed age range is 35 to 50 years.

The annual CTC upper range for the Relationship Manager-Team Lead position is Rs 51.80 lakh.

Investment Specialist

The recruitment also includes the Investment Specialist (IS) position. Candidates applying for this role are required to meet the educational and professional requirements specified by SBI for the position.

The role requires relevant professional experience, with candidates required to have at least six years of relevant experience.

The Investment Specialist position carries an annual CTC upper range of Rs 44.50 lakh.

Candidates should carefully review the detailed recruitment notification for the prescribed educational qualification, certification and other eligibility conditions before submitting an application.

Investment Officer

SBI has also invited applications for the Investment Officer (IO) position.

Candidates should have a master's degree or postgraduate diploma in fields such as Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science.

Candidates holding professional qualifications such as CFA or CA are also eligible as specified in the recruitment requirements.

The Investment Officer position requires at least four years of relevant experience.

The prescribed age range for this post is 28 to 40 years.

The annual CTC upper range for Investment Officer is Rs 27.10 lakh.

VP-Wealth

For the Vice President-Wealth position, candidates should have a bachelor's degree in any discipline.

The post requires at least six years of relevant work experience.

Candidates applying for the position should fall within the prescribed age range of 26 to 42 years.

The annual CTC upper range for VP-Wealth is Rs 44.70 lakh.

AVP-Wealth

The Assistant Vice President-Wealth position is another opportunity available under the SBI Specialist Cadre Officer recruitment.

Candidates should possess a bachelor's degree and have at least three years of relevant work experience.

The prescribed age range for this position is 23 to 35 years.

The annual CTC upper range for AVP-Wealth is Rs 30.20 lakh.

SBI Recruitment 2026: Salary and CTC

The compensation structure is one of the key features of the SBI Specialist Cadre Officer recruitment.

The annual CTC is not presented as a single fixed amount for all candidates. The compensation can vary depending on factors including the candidate's professional experience, current salary and place of posting.

As per the recruitment details, candidates may negotiate their compensation with SBI. The final CTC will therefore depend on the applicable considerations during the recruitment process.

The stated annual CTC upper ranges for the different positions are as follows:

Post Annual CTC Upper Range Zonal Head (Retail) Rs 97 lakh Regional Head Rs 66.40 lakh Relationship Manager-Team Lead Rs 51.80 lakh Investment Specialist Rs 44.50 lakh Investment Officer Rs 27.10 lakh VP Wealth Rs 44.70 lakh AVP Wealth Rs 30.20 lakh

The highest annual CTC upper range is available for the Zonal Head (Retail) position, at up to Rs 97 lakh.

The CTC figures should not be interpreted as a uniform salary applicable to every selected candidate. SBI's recruitment details specify that compensation is negotiable and can depend on the candidate's experience, existing remuneration and posting location.

Contract Period for SBI Specialist Officer Posts

The Specialist Cadre Officer positions covered by this recruitment are being offered on a contractual basis.

Selected candidates will initially be engaged for a period of five years.

The recruitment terms also provide for the possibility of extending the contract for another four years, subject to the applicable terms and conditions.

This means the initial engagement is for five years, while any further continuation will depend on the conditions applicable to the contract and the bank's decision.

Candidates considering these positions should therefore take note of the contractual nature of the engagement while evaluating the opportunity.

SBI SO Recruitment 2026: Selection Process

The selection process for the Specialist Cadre Officer positions will involve shortlisting followed by interview rounds.

SBI may conduct one or two rounds of interviews depending on the recruitment requirements.

The interviews may be held through telephone or video conferencing.

The interview will carry 100 marks. The qualifying marks for the interview will be decided by SBI.

The bank's decision regarding the qualifying marks will be final.

The CTC discussion will also form part of the interview and recruitment process. Since compensation is negotiable, the interview stage provides an opportunity for SBI and shortlisted candidates to discuss the applicable CTC.

Candidates should therefore ensure that all information submitted during the application process accurately reflects their qualifications and professional experience.

SBI Recruitment 2026: Application Fee

Candidates are required to pay an application fee according to their category.

Applicants belonging to the General, Economically Weaker Sections (EWS) and Other Backward Classes (OBC) categories have to pay an application fee of Rs 750.

Candidates belonging to the Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Benchmark Disabilities (PwBD) categories are exempted from paying the application fee.

Applicants should make the payment through the prescribed online application process.

SBI Specialist Officer Recruitment 2026: Important Dates

Candidates planning to apply for the SBI Specialist Cadre Officer recruitment should keep the important dates in mind.

The online registration process commenced on September 4, 2026.

The deadline for submitting applications is September 25, 2026.

Therefore, eligible candidates have a limited period to complete the online application process. Applications should be submitted before the closing date specified by SBI.

Important dates at a glance

• Application start date: September 4, 2026

• Last date to apply: September 25, 2026

Who Can Apply for SBI Specialist Cadre Officer Posts?

The recruitment is aimed at candidates with professional backgrounds relevant to wealth management and associated financial services functions.

The educational and experience requirements vary significantly across the seven positions.

For senior positions such as Zonal Head and Regional Head, SBI has prescribed substantial professional experience along with specific educational qualifications and certifications.

For roles such as Relationship Manager-Team Lead, VP-Wealth and AVP-Wealth, a bachelor's degree along with the required relevant professional experience is specified.

The Investment Specialist and Investment Officer positions have specialised academic and professional qualification requirements. These include relevant postgraduate qualifications, postgraduate diplomas and professional qualifications such as CFA or CA, as specified for the respective posts.

Because eligibility differs by position, candidates should not rely solely on the general recruitment information. They should verify the conditions applicable to their preferred post before submitting their application.

Age Limit for SBI Specialist Officer Recruitment

The age requirements are also different for each position.

For the senior-most Zonal Head (Retail) and Regional Head posts, the prescribed age range is 35 to 50 years.

For Relationship Manager-Team Lead, the age range is also 35 to 50 years.

The Investment Officer position has an age range of 28 to 40 years.

The VP-Wealth post carries an age range of 26 to 42 years.

The AVP-Wealth position has an age range of 23 to 35 years.

Thus, candidates should check the age requirement for the specific position before applying.

SBI Recruitment 2026: What Candidates Should Check Before Applying

Candidates interested in the recruitment should first identify the position that matches their educational background and professional experience.

For senior management positions, the required experience is considerably higher. The Zonal Head position requires 15 years of relevant experience, while the Regional Head position requires 12 years.

The Relationship Manager-Team Lead position requires eight years of work experience. Investment Specialist requires six years of relevant experience, while Investment Officer requires four years.

For VP-Wealth and AVP-Wealth, the required relevant work experience is six years and three years respectively.

Candidates should also verify the relevant certifications and qualifications wherever applicable. This is particularly important for positions where SBI has specified certifications such as CFP, CFA or NISM qualifications.

Application Window Closes on September 25

The SBI Specialist Cadre Officer recruitment application window is scheduled to remain open until September 25, 2026.

Eligible candidates should complete the online registration and application process within the prescribed period. Those required to pay the application fee should also complete the payment through the prescribed online process.

The recruitment offers positions across different levels within SBI's Wealth Management vertical, with the annual CTC upper range varying according to the role.

The highest stated annual CTC upper range is Rs 97 lakh for Zonal Head (Retail), while the other positions carry upper CTC ranges between Rs 27.10 lakh and Rs 66.40 lakh, depending on the post.

SBI Specialist Cadre Officer Recruitment 2026: Key Highlights

The recruitment drive provides opportunities for experienced professionals across several specialist functions within SBI's Wealth Management vertical.

A total of 207 Specialist Cadre Officer posts are available under the recruitment.

The posts include Zonal Head (Retail), Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.

The application process started on September 4, 2026, and candidates have until September 25, 2026 to apply.

The positions are offered on a contract basis, with an initial contract period of five years and the possibility of a further four-year extension subject to the applicable conditions.

The annual CTC is negotiable and depends on factors including experience, current remuneration and place of posting. The upper range reaches Rs 97 lakh per year for the Zonal Head (Retail) position.

The selection process includes shortlisting followed by one or two interview rounds, which may be conducted through telephone or video conferencing. The interview carries 100 marks.

Candidates from the General, EWS and OBC categories are required to pay Rs 750, while SC, ST and PwBD candidates are exempt from the application fee.

How to Apply for SBI Specialist Officer Recruitment 2026

Eligible candidates can apply online through the SBI recruitment website.

Before beginning the application process, candidates should check the detailed recruitment notification and confirm that they meet the educational qualification, professional experience and age requirements for the post they wish to apply for.

Applicants should enter their details carefully while completing the online form and provide the information required by SBI.

Candidates who are required to pay the application fee should complete the payment through the prescribed online payment process.

The application process must be completed by September 25, 2026.

Candidates should also keep a record of the submitted application and other relevant details for future reference during the recruitment process.

SBI Recruitment 2026: Final Reminder for Applicants

The SBI Specialist Cadre Officer recruitment is specifically focused on experienced professionals for roles within the bank's Wealth Management vertical. With seven different positions available, the eligibility conditions range from three years of relevant experience for AVP-Wealth to 15 years for Zonal Head (Retail).

The recruitment offers annual CTC upper ranges of up to Rs 97 lakh, although the final compensation is negotiable and depends on factors such as experience, current salary and posting location.

The engagement is contractual rather than a permanent appointment, with an initial five-year term and a possible extension of four additional years subject to the applicable terms and conditions.

Candidates should carefully match their qualifications and professional experience with the requirements of the particular position before submitting their applications.

The online application process is already underway and will close on September 25, 2026. Interested and eligible candidates should complete the application process within the prescribed deadline and refer to the detailed SBI notification for the complete post-wise requirements and applicable conditions.