SBI SCO Recruitment 2026 Last Date Extended to 5 October – Apply for 207 Wealth Management Posts
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SBI SCO Recruitment 2026 has received an important deadline update. State Bank of India has extended online registration for its Specialist Cadre Officer recruitment for Wealth Management & Premier Banking to 5 October 2026. Advertisement No. CRPD/SCO/2026-27/23 covers 207 vacancies for Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.
This is an experienced-professional recruitment on contract, not regular SBI PO, Clerk or conventional permanent-cadre recruitment.
What is the Latest Update on SBI SCO Recruitment 2026?
State Bank of India has extended the online application deadline for SBI SCO Recruitment 2026 to 5 October 2026. The official detailed advertisement provides 207 vacancies across seven Wealth Management posts. Selection is through shortlisting, interview and CTC negotiation; the notification does not prescribe a written examination.
SBI SCO Recruitment 2026 Overview
| Particular | Details |
|---|---|
| Organisation | State Bank of India |
| Advertisement | CRPD/SCO/2026-27/23 |
| Vacancies | 207 |
| Extended Last Date | 5 October 2026 |
| Eligibility Date | 31 August 2026 |
| Recruitment Type | Contractual |
| Selection | Shortlisting + Interview + CTC Negotiation |
| Maximum CTC | Up to ₹97 lakh |
SBI SCO Recruitment 2026 Important Dates
| Event | Date |
|---|---|
| Online Registration Started | 4 September 2026 |
| Original Closing Date | 25 September 2026 |
| Extended Last Date | 5 October 2026 |
| Eligibility Reckoning Date | 31 August 2026 |
| Interview Date | To be communicated by SBI |
SBI SCO Vacancy 2026 – 207 or 220?
The detailed SBI advertisement supports a total of 207 vacancies after combining regular and backlog vacancies. Some secondary reports have referred to 220 posts, but candidates should follow SBI’s official vacancy tables rather than an unsupported aggregate figure.
| Post | Vacancies |
|---|---|
| Zonal Head (Retail) | 1 |
| Regional Head | 5 |
| Relationship Manager-Team Lead | 24 |
| Investment Specialist | 9 |
| Investment Officer | 4 |
| VP Wealth | 91 |
| AVP Wealth | 73 |
| Total | 207 |
SBI SCO Eligibility Criteria 2026
Eligibility is assessed as on 31 August 2026. These posts are intended for experienced Wealth Management, banking, investment and relationship-management professionals.
| Post | Age | Qualification | Mandatory Experience |
|---|---|---|---|
| Zonal Head | 35–50 | Graduate | 15 years in Wealth Management/Retail Banking/AMC sales, including 5 years leading a large RM/Team Lead team |
| Regional Head | 35–50 | Graduate | 12+ years in relationship management, preferably Wealth Management; 5+ years leading a large RM/team-lead team |
| RM-Team Lead | 28–42 | Graduate | 8 years in relationship management, preferably Wealth Management |
| Investment Specialist | 28–42 | Relevant PG Degree/PG Diploma or CA/CFA | 6 years as investment adviser/counsellor/officer/product-team professional |
| Investment Officer | 28–40 | Relevant PG Degree/PG Diploma or CA/CFA | 4 years as investment adviser/counsellor/officer/product-team professional |
| VP Wealth | 26–42 | Graduate | 6 years in sales & marketing with leading banks, Wealth Management firms or AMCs |
| AVP Wealth | 23–35 | Graduate | 3 years in sales & marketing with eligible institutions, or qualifying SBI Wealth CRE experience |
SBI SCO Salary / CTC 2026
These positions have negotiated annual Cost to Company (CTC) rather than the conventional pay scale associated with regular SBI officers.
| Post | CTC Upper Range | Maximum Fixed Pay |
|---|---|---|
| Zonal Head | ₹97.00 lakh | ₹66.00 lakh |
| Regional Head | ₹66.40 lakh | ₹45.00 lakh |
| RM-Team Lead | ₹51.80 lakh | ₹35.00 lakh |
| Investment Specialist | ₹44.50 lakh | ₹30.00 lakh |
| Investment Officer | ₹27.10 lakh | ₹18.00 lakh |
| VP Wealth | ₹44.70 lakh | ₹30.00 lakh |
| AVP Wealth | ₹30.20 lakh | ₹20.00 lakh |
The structure includes fixed pay, applicable allowances and Performance Linked Pay from 0% to 45% of fixed pay. The ₹97 lakh figure is an upper annual CTC for Zonal Head, not guaranteed take-home salary.
Contract Period
The engagement is initially for 5 years and may be renewed for another 4 years at SBI’s discretion, subject to stipulated conditions. The advertisement does not prescribe the conventional probation period applicable to regular officer recruitment.
SBI SCO Application Fee 2026
UR/EWS/OBC: ₹750. SC/ST/PwBD: Nil. Payment is online and, once paid, is non-refundable and cannot be adjusted against another recruitment.
SBI SCO Selection Process 2026
Is There a Written Exam?
No written examination is prescribed. Selection consists of shortlisting followed by one or more personal, telephonic or video interviews and CTC negotiation.
- Application screening and shortlisting
- Personal / telephonic / video interview
- CTC negotiation
- Merit list
- Eligibility/document verification and pre-engagement formalities
The interview carries 100 marks. SBI decides the qualifying marks. Final merit is prepared in descending order based on interview scores. At a common cut-off score, candidates are ranked by age in descending order.
Documents Required
- Recent photograph and signature
- Brief resume
- ID proof and PAN
- Educational certificates and mark sheets
- Experience certificates
- Form 16 / offer letter / latest salary slip from current employer
- Category/PwBD certificate where applicable
- NOC where applicable
- Bio-data and CTC format
Upload Specifications
- Photograph: JPG/JPEG, 20–50 KB; preferred 200 × 230 pixels.
- Signature: JPG/JPEG, 10–20 KB; preferred 140 × 60 pixels; black ink on white paper.
- Other documents: PDF, A4 page size, each file not exceeding 500 KB.
How to Apply for SBI SCO Recruitment 2026
- Visit SBI Careers and open Current Openings.
- Locate Advertisement CRPD/SCO/2026-27/23.
- Read the detailed advertisement.
- Select Apply Online and complete registration.
- Enter qualification, experience and CTC information carefully.
- Select Circle preferences where applicable.
- Upload the required documents.
- Preview the application.
- Pay the applicable fee.
- Submit and retain the application form/e-receipt.
SBI SCO Interview Preparation Strategy
Prepare your professional profile along with Wealth Management concepts including HNI/UHNI relationship management, AUM, CASA, financial planning, mutual funds, SIPs, bonds, insurance, asset allocation, risk profiling, portfolio review, KYC/AML, suitability, compliance, client acquisition, RBI/SEBI developments and current banking affairs. Be ready to explain your present CTC, targets, portfolio/AUM and major professional achievements.
7-Day Interview Study Plan
- Day 1: CV, achievements, current role and SBI job profile.
- Day 2: Wealth Management, HNI/UHNI, AUM, CASA and financial planning.
- Day 3: Mutual funds, SIPs, bonds, equity, insurance and asset allocation.
- Day 4: Risk profiling, KYC, AML and compliance.
- Day 5: RBI, SEBI, banking and financial current affairs.
- Day 6: Role-specific sales, leadership and client-handling questions.
- Day 7: Mock interview, CTC discussion and document review.
Common Mistakes to Avoid
- Applying without mandatory experience.
- Confusing preferred and mandatory qualifications.
- Selecting the wrong post or Circle preferences.
- Claiming experience without documentary support.
- Submitting an outdated CV or inaccurate CTC.
- Waiting until the final day.
- Assuming minimum eligibility guarantees shortlisting.
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SBI SCO Recruitment 2026 FAQs
What is the revised last date?
5 October 2026.
How many vacancies are there?
The official post-wise total used here is 207 vacancies.
Is the recruitment permanent?
No. These are contractual engagements.
Can freshers apply?
No. Every advertised post has mandatory professional-experience requirements.
Is there a written examination?
No written examination is prescribed.
How many marks is the interview?
The interview carries 100 marks.
What is the highest CTC?
The upper annual CTC reaches ₹97 lakh for Zonal Head.
Can I apply for more than one post?
Yes, if you independently meet the eligibility requirements for each post.
Does teaching experience count?
No. SBI states that teaching and training experience will not count for eligibility.
Does minimum eligibility guarantee an interview?
No. SBI’s shortlisting committee determines the parameters.
Is Exam Prepp the same as Exam Prep, ExamPrep or ExamPrepp?
Exam Prepp is the official brand spelling. Exam Prep, ExamPrep and ExamPrepp are common search variations referring to the platform in this context.
Final Reminder
The key update is the extension of registration to 5 October 2026. Verify your exact post-specific experience, prepare supporting documents and submit well before the deadline.
Disclaimer: Recruitment conditions can be revised by SBI. Candidates should check the latest official SBI Careers page and Advertisement No. CRPD/SCO/2026-27/23 before final submission.
