SBI Opens 996 Specialist Cadre Officer Vacancies: Eligibility, Salary, Application Process & Full Details
The State Bank of India (SBI), India’s largest public sector bank, has officially announced 996 vacancies for various Specialist Cadre Officer (SCO) posts for the year 2025. This recruitment drive has generated significant interest among banking aspirants and finance professionals because the vacancies offer high salary packages, pan-India postings, and selection through interview only, without any written examination.
The online application process has already begun, and candidates can submit their forms until the last date as notified by SBI. Below is a detailed, SEO-optimized article covering eligibility, salary, vacancies, selection criteria, age limit, and the complete application procedure.
Overview of SBI SCO Recruitment 2025
SBI is offering positions across multiple wealth management roles, including VP Wealth (Senior Relationship Manager), AVP Wealth (Relationship Manager), and Customer Relationship Executive. These positions are contractual and designed to strengthen the bank’s Wealth and Personal Banking (WPB) department across 17 states.
The recruitment is ideal for candidates with backgrounds in banking, finance, wealth management, customer relationship management, and investment advisory.
Total Vacancies Announced
SBI has advertised 996 Specialist Cadre Officer vacancies, distributed as follows:
| Post Name | Number of Vacancies | Annual CTC / Salary (Approx.) |
|---|---|---|
| VP Wealth (Senior Relationship Manager – SRM) | 506 | ₹44.70 lakh |
| AVP Wealth (Relationship Manager – RM) | 206 | ₹30.20 lakh |
| Customer Relationship Executive | 284 | ₹6.20 lakh |
These are among the highest-paying contractual banking roles currently available in India.
Contract Type and Tenure
All positions are contractual, not permanent. Key highlights:
- Initial contract duration: 5 years
- Extendable up to an additional 4 years
- Renewal is performance-based and subject to approval by SBI
This structure provides candidates a long-term opportunity with excellent earning potential.
Eligibility Criteria for SBI SCO Recruitment 2025
Eligibility varies by post. Below is a general overview:
1. Educational Qualification
While each role has specific requirements, common required qualifications include:
- Graduation in any discipline from a recognized university
- Preference for candidates with:
- MBA / PGDM (Banking / Finance / Marketing)
- Professional certifications like NISM, NCFM, CFP, CFA, etc. (for wealth roles)
2. Experience Requirements
Experience profiles may include:
- Relationship management
- Investment advisory
- Portfolio handling
- Wealth management
- Direct client interaction roles in BFSI sector
Higher positions like VP and AVP Wealth require significant client-handling experience.
3. Age Limit
SBI defines the age criteria for each post in its official notification. Relaxations apply for reserved categories as per government guidelines.
Selection Process: Interview-Based Recruitment
One of the biggest advantages of this recruitment drive is that no written examination will be conducted.
The selection stages include:
- Shortlisting based on educational qualification, certification, experience, and profile suitability
- Personal Interview
- Final Merit List, based solely on interview performance
Tie-Break Rules
If two candidates score equally, the older candidate will be given preference.
This interview-only process makes the recruitment accessible to experienced professionals who may not prefer competitive exams.
Salary Structure of SBI SCO Posts
SBI offers one of the most competitive salary packages in the Indian banking sector.
1. VP Wealth (SRM)
- Approx. CTC: ₹44.70 lakh annually
- Includes performance-linked incentives
2. AVP Wealth (RM)
- Approx. CTC: ₹30.20 lakh annually
3. Customer Relationship Executive
- Approx. CTC: ₹6.20 lakh annually
These packages make the SBI SCO program an attractive choice for banking professionals seeking high-paying roles.
Job Responsibilities of SBI SCO Roles
VP / AVP Wealth (SRM / RM)
Responsibilities include:
- Managing high-net-worth (HNW) clients
- Providing wealth and investment advisory
- Portfolio analysis and optimization
- Selling SBI wealth products
- Ensuring client satisfaction and retention
- Coordinating with product teams for customized solutions
Customer Relationship Executive
- Assisting RMs in client management
- Generating leads
- Maintaining customer records
- Streamlining customer onboarding and service assistance
These roles are dynamic and require excellent communication, financial knowledge, and relationship management skills.
Application Fee
The application fee must be paid online during registration.
- ₹750 for General / OBC / EWS
- No fee for SC / ST / PwBD (as per SBI rules)
How to Apply Online for SBI SCO Recruitment 2025
Follow these steps to submit your application:
- Visit the official SBI careers website
👉 https://bank.sbi/web/careers - Select Latest Announcements
- Click on:
“Recruitment of Specialist Cadre Officers (SCO) – 2025” - Register with a valid mobile number and email ID
- Fill in the online form carefully:
- Personal details
- Educational qualifications
- Experience summary
- Upload documents
- Pay the application fee
- Take a printout of the submitted form
Candidates must ensure all details are correct, as incomplete or incorrect forms may be rejected.
States Where Vacancies Are Available
SBI has announced openings across 17 states, placing successful candidates in major SBI Wealth Management branches nationwide.
The pan-India deployment provides flexibility and diverse work exposure.
Documents Required for Online Application
- Recent photograph
- Scanned signature
- Marksheet & degree certificates
- Experience certificates
- Certification proof (NISM, CFP, etc., if applicable)
- ID proof (Aadhaar/PAN/Passport)
Why SBI SCO Recruitment 2025 Is a Big Opportunity
This recruitment drive is one of the largest wealth-management hiring campaigns by any Indian bank in recent years. Here’s why it stands out:
- No written exam — interview only
- High CTC packages up to ₹44.70 lakh
- Long-term contract with renewability
- Professional growth in wealth-management sector
- Opportunity to work with India’s largest bank
For candidates with strong communication and financial advisory experience, this is a career-changing opportunity.
Important Tips for Aspirants
- Prepare well for the interview, as it is the only selection stage
- Highlight your achievements in relationship management, sales, targets, and client handling
- Ensure your CV reflects measurable performance metrics
- Obtain NISM/CFA-related certifications, if not already done
- Apply early to avoid last-minute technical issues
The SBI SCO Recruitment 2025 for 996 Specialist Cadre Officer posts is an excellent opportunity for candidates with expertise in wealth management and banking services. With highly attractive salary packages, performance-based growth, and interview-only selection, this recruitment drive stands out as one of the most rewarding career options in the banking sector.
Candidates interested in joining the SBI Wealth Management division should apply before the last date and prepare thoroughly for the interview stage.
