The State Bank of India has opened online applications for Specialist Cadre Officers in its Product and Research team: one Chief Manager and six Manager vacancies, with a last date of 23 November 2026. Both posts are regular positions and the suggested place of posting is Mumbai.

SBI SCO Recruitment 2026 vacancy details

The bank says the vacancy numbers are provisional. Some vacancies have horizontal reservation for persons with benchmark disabilities (low vision), so read the category table in the advertisement if you are applying under PwBD. The advertisement number is CRPD/SCO/2026-27/26.

Eligibility

Chief Manager

You need an MBA, PGDBM, PGDM or PGDBA or an equivalent degree from a recognised institute, and Finance specialisation is preferred. CFA, FRM, CA or Cost Accountant qualifications are a plus. The experience requirement is at least 7 years after your qualification in Forex and Rupee markets, in a corporate or non-corporate organisation, research or brokerage firm, bank, NBFC or mutual fund.

Manager

The educational requirement is the same MBA or PGDM-type degree. You need at least 3 years of post-qualification experience in equity, forex or debt research at the same kinds of organisations. Teaching and training experience does not count for either post.

Upper age relaxation for reserved categories follows Government of India rules.

Salary

The Chief Manager post is in Senior Management Grade Scale IV, with a pay scale of Rs. 102300-2980/4-114220-3360/2-120940. The Manager post is in Middle Management Grade Scale III, at Rs. 85920-2680/5-99320-2980/2-105280. Both come with DA, HRA, CCA, provident fund, NPS, leave fare concession and medical facility as per the bank’s rules, and the probation period is 12 months.

Application fee

General, EWS and OBC candidates pay Rs. 750 as application fee and intimation charges. SC, ST and PwBD candidates pay nothing. The fee is not refunded.

Selection process

SBI shortlists candidates on the basis of qualification and experience, then holds an interview carrying 100 marks. The merit list is prepared only from interview scores, and if marks are tied the older candidate is ranked higher. Meeting the minimum criteria does not guarantee an interview call.

How to apply

1. Open the SBI careers page, sbi.bank.in/web/careers/current-openings, and select this advertisement.
2. Register and fill in the form. You can save it and edit it up to three times before final submission.
3. Upload your photograph, signature and the required documents. The degree certificate and experience certificates are mandatory.
4. Pay the fee online, if it applies to you, and print the e-receipt and application form.

Registration and fee payment are open from 2 November to 23 November 2026. Changes are not allowed after the window closes, so check every detail before you submit.