State Bank of India, one of the largest and most prestigious public sector banks in the country, has announced a major recruitment drive for Specialist Cadre Officers on a contractual basis for the year 2025–26. This recruitment is aimed at strengthening the Bank’s Wealth Management and Premier Banking verticals by engaging experienced professionals for key relationship and leadership roles. The vacancies are open for positions such as Vice President Wealth (Senior Relationship Manager), Assistant Vice President Wealth (Relationship Manager), and Customer Relationship Executive.
This opportunity is ideal for candidates with strong academic backgrounds, proven professional experience in banking, finance, wealth management, sales, and customer relationship roles. The engagement will be purely contractual, offering highly competitive remuneration packages, performance-based incentives, and exposure to one of the most robust banking ecosystems in India. Candidates can apply for more than one post, provided they meet the eligibility requirements for each role.
Important Dates
The recruitment process follows a strict timeline. Candidates must complete registration and fee payment within the specified window to be considered.
- Start Date for Online Registration and Fee Payment: 02 December 2025
- Last Date for Online Registration and Fee Payment: 23 December 2025
Applications submitted after the closing date or without successful fee payment will not be accepted under any circumstances.
Application Fees
The application fee structure is uniform across all posts and is non-refundable once paid.
- General, OBC, and EWS Candidates: ₹750
- SC, ST, and Persons with Benchmark Disabilities: No application fee
The fee must be paid through online payment modes during the application process. Applications without successful fee payment (where applicable) will be treated as incomplete.
Vacancy Details
The recruitment covers three major posts under the Specialist Cadre Officer category. Vacancies include both regular and backlog positions and are distributed across multiple circles nationwide.
Post-wise Total Vacancies
- Vice President Wealth (Senior Relationship Manager):
- Total Vacancies: 506
- Assistant Vice President Wealth (Relationship Manager):
- Total Vacancies: 206
- Customer Relationship Executive:
- Total Vacancies: 284
These vacancies are further distributed across circles such as Gandhinagar, Amaravati, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Maharashtra, Mumbai Metro, New Delhi, Patna, and Thiruvananthapuram.
Candidates must select three different circles while submitting their preferences. Final posting will depend on merit, availability, and administrative requirements of the Bank.
Eligibility Criteria
Candidates must meet both educational and experience-based eligibility conditions as on the prescribed cut-off date. Teaching and training experience is not counted for eligibility.
1. Vice President Wealth (Senior Relationship Manager)
- Educational Qualification:
Graduation from a government-recognized university or institution.
Preference will be given to candidates holding an MBA in Banking, Finance, or Marketing with strong academic performance. Certifications such as NISM, CFP, or CFA are considered advantageous. - Experience Requirement:
A minimum of six years of post-qualification experience in sales and marketing roles with banks, wealth management firms, or asset management companies. Experience as a Relationship Manager in wealth management is highly preferred.
2. Assistant Vice President Wealth (Relationship Manager)
- Educational Qualification:
Graduation from a recognized university. Candidates with postgraduate degrees in finance, marketing, or banking will be given preference. Relevant certifications add further value. - Experience Requirement:
At least three years of post-qualification experience in sales and marketing with banks or wealth management institutions. Candidates currently working in similar relationship roles are preferred.
3. Customer Relationship Executive
- Educational Qualification:
Graduation from a recognized university or institution. - Experience Requirement:
Prior experience in documentation handling, customer support, or financial services is desirable. Candidates must possess a valid two-wheeler driving license.
Age Limit
The age criteria vary depending on the post and are calculated as on 01 May 2025.
- Vice President Wealth:
Minimum Age: 26 years
Maximum Age: 42 years - Assistant Vice President Wealth:
Minimum Age: 23 years
Maximum Age: 35 years - Customer Relationship Executive:
Minimum Age: 20 years
Maximum Age: 35 years
Age relaxation for reserved categories such as SC, ST, OBC, EWS, and PwBD candidates will be provided as per Government of India norms.
Salary Scale and Remuneration
The remuneration structure offered under this recruitment is highly competitive and performance-driven. The engagement is contractual for a period of five years, extendable based on performance and Bank requirements.
Vice President Wealth (SRM)
- Annual CTC (Upper Range): ₹44.70 lakhs
- Includes fixed pay, allowances, performance-linked pay, and annual increments.
Assistant Vice President Wealth (RM)
- Annual CTC (Upper Range): ₹30.20 lakhs
- Includes fixed pay, allowances, performance-linked pay, and increments.
Customer Relationship Executive
- Annual CTC (Upper Range): ₹6.20 lakhs
- Includes fixed pay, allowances, and performance-based incentives.
Performance-linked pay and annual increments are subject to internal performance evaluation policies of the Bank.
Selection Process
The selection process is designed to identify candidates with strong professional competence, communication skills, and domain expertise.
- Shortlisting:
Applications will be screened based on qualifications, experience, and suitability. Mere fulfillment of minimum eligibility does not guarantee shortlisting. - Interview:
Shortlisted candidates will be called for personal, telephonic, or video interviews. The interview carries 100 marks. - CTC Negotiation:
Salary negotiations will be conducted individually for shortlisted candidates, based on experience and current compensation. - Merit List:
The final merit list will be prepared based solely on interview scores. In case of a tie, older candidates will be ranked higher.
Medical fitness verification and character verification will be conducted before final engagement.
How to Apply
Candidates must apply through the prescribed online application system within the given dates. Before applying, applicants should carefully read the eligibility requirements and ensure that all details provided are accurate.
Steps involved in the application process include:
- Completing online registration using a valid email ID
- Filling in personal, educational, and professional details
- Uploading required documents such as photograph, signature, resume, ID proof, educational certificates, experience certificates, and category certificates where applicable
- Paying the application fee online (if applicable)
- Submitting the application after final verification
Candidates are advised to retain a printout of the submitted application and fee receipt for future reference. No offline or hard-copy applications are accepted.
