SBI Recruitment 2026: CTC Up to ₹97 Lakh

The State Bank of India (SBI) has invited applications for Specialist Cadre Officer posts on a contractual basis under its Wealth Management and Premier Banking business. The recruitment covers seven categories, including Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.

According to SBI’s official notification, the online application process began on September 4, 2026, and eligible candidates can apply until September 25, 2026. The maximum age for some senior positions is 50 years, while the upper age varies by post. The highest annual Cost to Company (CTC) is ₹97 lakh for Zonal Head (Retail). 

SBI Specialist Officer Recruitment 2026: Vacancy details

The recruitment notification covers the following posts:

The regular vacancies listed in the notification total 257 posts, with additional backlog vacancies shown separately for some categories. SBI has clarified that the vacancies are provisional and may change according to the bank’s requirements.

Salary: CTC up to ₹97 lakh

The remuneration varies substantially depending on the position. SBI has specified the following upper annual CTC ranges:

• Zonal Head: ₹97 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

The bank has clarified that the annual CTC is negotiable and will depend on the candidate’s experience, current remuneration and place of posting. The CTC figures include fixed pay, performance-linked pay and applicable perks; therefore, they should not be treated as guaranteed take-home salary.

For the Zonal Head position, for example, the maximum fixed pay is ₹66 lakh, while performance-linked pay can range from 0% to 45% of fixed pay.

Educational qualification and experience

The eligibility criteria differ according to the post. Candidates cannot apply solely on the basis of a graduation degree without meeting the relevant experience requirement.

For Zonal Head, graduation from a recognised university is mandatory, while SBI has listed MBA in Banking, Finance or Marketing and certain professional certifications as preferred qualifications. The post requires at least 15 years of relevant experience, including experience leading large relationship-management teams.

For Regional Head, graduation is mandatory and the bank seeks at least 12 years of relevant experience, including experience in leading relationship-management teams.

For VP Wealth, graduation is required along with at least six years of sales and marketing experience in relevant banking, wealth-management or asset-management organisations. For AVP Wealth, the minimum relevant experience is three years.

The Investment Officer post has a more specialised qualification requirement, including a postgraduate degree or diploma in areas such as finance, accountancy, business management, commerce, economics, capital markets, banking, insurance or actuarial science, or qualifications such as CA/CFA. At least four years of relevant post-qualification experience is required.

Age limit up to 50 years

The upper age limit depends on the position. Candidates applying for Zonal Head and Regional Head can be up to 50 years old as of August 31, 2026.

For other posts, the maximum age ranges from 35 to 42 years. SBI has stated that applicable relaxation in the upper age limit will be available to eligible reserved-category candidates according to Government of India guidelines.

Selection process based on interview

Unlike recruitment drives involving written competitive examinations, this SBI Specialist Cadre recruitment will primarily involve shortlisting followed by interview and CTC negotiation.

The official notification states that the selection process consists of shortlisting, followed by one or more personal, telephonic or video interviews and CTC negotiations. The interview carries 100 marks, and the final merit list will be prepared on the basis of interview scores.

Simply meeting the minimum eligibility criteria does not guarantee an interview call. SBI will decide the shortlisting parameters.

Application fee and important dates

The application fee is ₹750 for UR, EWS and OBC candidates, while SC, ST and PwBD candidates are exempt from the application fee.

Important dates:

• Application begins: September 4, 2026

• Last date to apply: September 25, 2026

• Advertisement No.: CRPD/SCO/2026-27/23

• Recruitment type: Contract basis

• Contract period: Five years, renewable for another four years at SBI’s discretion, subject to applicable conditions.

How to apply for SBI Recruitment 2026

Eligible candidates should apply through SBI’s official careers section. The process includes online registration, uploading a recent photograph, signature, resume, ID proof, educational certificates and relevant experience documents, followed by payment of the applicable fee.

Candidates should carefully read the detailed advertisement before submitting the form because corrections are not permitted after final submission.