The State Bank of India (SBI) has announced a fantastic opportunity for candidates looking to secure prestigious roles in India’s largest public sector bank. The recruitment is open for several posts, including Head (Product, Investment, and Research), Zonal Head, Regional Head, Relationship Manager – Team Lead, and Central Research Team (Product Lead). This article will provide a detailed overview of the recruitment process, eligibility criteria, application process, and FAQs to help you apply successfully.
Overview of SBI Recruitment 2024
| Feature | Details |
| Recruiting Organization | State Bank of India (SBI) |
| Posts Available | Head, Zonal Head, Regional Head, Relationship Manager, Central Research Team |
| Total Vacancies | 25 |
| Application Mode | Online |
| Last Date to Apply | 17th December 2024 |
| Application Fee | ₹750 for General/OBC/EWS, No fee for SC/ST/PwBD |
| Selection Process | Interview followed by CTC Negotiation |
Post-Wise Vacancies and Age Limit
SBI has categorized the 25 available positions based on job roles and eligibility requirements.
| Post Name | Vacancies | Age Limit (as of 01.08.2024) |
| Head (Product, Investment, Research) | 1 | 35–50 years |
| Zonal Head | 4 | 35–50 years |
| Regional Head | 10 | 35–50 years |
| Relationship Manager – Team Lead | 9 | 28–42 years |
| Central Research Team (Product Lead) | 1 | 30–45 years |
| Total | 25 |
Job Locations
Successful candidates will be posted across various locations in India.
| Post Name | Location |
| Head (Product, Investment, Research) | Mumbai |
| Zonal Head | Mumbai, Chennai, Kolkata, New Delhi |
| Regional Head | Pan India |
| Relationship Manager – Team Lead | Pan India |
| Central Research Team (Product Lead) | Mumbai |
Salary Details
The selected candidates will receive an attractive Cost to Company (CTC) package based on their roles and experience.
| Post Name | Maximum Annual CTC (₹ Lakhs) |
| Head (Product, Investment, Research) | ₹135.00 |
| Zonal Head | ₹88.10 |
| Regional Head | ₹66.40 |
| Relationship Manager – Team Lead | ₹51.80 |
| Central Research Team (Product Lead) | ₹61.20 |
Note: CTC is negotiable depending on the candidate’s experience and current emoluments.
Eligibility Criteria
Educational Qualification and Experience
| Post Name | Required Qualification | Experience |
| Head (Product, Investment, Research) | Graduation/Post-Graduation from a recognized university | 12+ years in financial services, including 8+ years in wealth management |
| Zonal Head | Graduation from a recognized university | 15+ years in financial services, including 5+ years managing a large team |
| Regional Head | Graduation from a recognized university | 12+ years in relationship management, with 5+ years in team leadership |
| Relationship Manager – Team Lead | Graduation from a recognized university | Experience in wealth management and relationship management |
| Central Research Team (Product Lead) | Graduation from a recognized university | Experience in research and product development |
For additional qualifications and skills, refer to the official notification.
Application Fee
The application fee for the SBI Recruitment 2024 varies based on the category:
| Category | Application Fee |
| General/EWS/OBC | ₹750 |
| SC/ST/PwBD | NIL |
Selection Process
The recruitment process involves:
- Shortlisting:
-
- Candidates will be shortlisted based on their qualifications and experience.
- Interview:
-
- Shortlisted applicants will be invited for an interview, which will carry 100 marks.
- Qualifying marks will be decided by the bank.
- CTC Negotiation:
-
- Final negotiations regarding salary and terms of employment will be conducted after the interview.
How to Apply
Follow these steps to complete your application for SBI Recruitment 2024:
Step 1: Visit the Official Website
- Go to the State Bank of India’s career portal.
Step 2: Register Yourself
- Create a new account or log in using existing credentials.
Step 3: Fill Out the Application Form
- Provide accurate details regarding personal information, education, and experience.
Step 4: Upload Documents
- Attach scanned copies of:
- Recent passport-sized photograph
- Signature
- Educational certificates
- Experience certificates
Step 5: Pay the Application Fee
- Use online payment modes like net banking, credit/debit card, or UPI.
Step 6: Submit the Form
- Review the completed application form and submit it before the deadline: 17th December 2024.
Tenure of Employment
- The initial term of engagement will be 5 years.
- This tenure may be renewed for up to 4 additional years at the discretion of the bank, subject to performance and conditions.
Important Dates
| Event | Date |
| Notification Release | — |
| Application Start Date | — |
| Last Date to Apply | 17th December 2024 |
Frequently Asked Questions (FAQs)
1. What are the posts available under SBI Recruitment 2024?
The available posts include Head (Product, Investment, Research), Zonal Head, Regional Head, Relationship Manager – Team Lead, and Central Research Team (Product Lead).
2. What is the application fee?
- ₹750 for General/EWS/OBC candidates.
- No fee for SC/ST/PwBD candidates.
3. How many vacancies are available?
There are a total of 25 vacancies.
4. What is the salary structure?
The maximum annual CTC ranges from ₹51.80 lakhs to ₹135 lakhs, depending on the post.
5. What is the selection process?
Candidates will undergo shortlisting, an interview, and CTC negotiation.
6. What is the age limit for applying?
The age limit varies between 28–50 years, depending on the post.
Download Official Notification