The State Bank of India (SBI) has released the SBI Manager Recruitment 2026 Notification for 7 Specialist Cadre Officer (SCO) vacancies, including Chief Manager (Product & Research – Forex & Rupee Derivatives) and Manager (Product & Research Analyst) posts. Interested and eligible candidates can submit their online applications through the official SBI website.
The SBI online application process started on 2 November 2026, and the last date to submit the application form is 23 November 2026. Candidates with an MBA, PGDM, PGDBM, PGDBA or equivalent qualification and relevant professional experience can apply for these positions.
In this article, candidates can check complete details about SBI Recruitment 2026, including vacancy details, educational qualifications, age limits, salary, application fees, selection procedure and how to apply online.
SBI Manager Recruitment 2026 – Overview
| Particulars | Details |
|---|---|
| Organization | State Bank of India (SBI) |
| Recruitment Name | SBI SCO Recruitment 2026 |
| Advertisement Number | CRPD/SCO/2026-27/26 |
| Post Names | Chief Manager, Manager |
| Total Vacancies | 7 |
| Job Category | Bank Jobs |
| Job Type | Regular Basis |
| Application Mode | Online |
| Job Location | Mumbai (indicative posting) |
| Starting Date | 02 November 2026 |
| Last Date | 23 November 2026 |
| Official Website | sbi.bank.in |
Vacancy Details
The State Bank of India has announced a total of 7 vacancies for Specialist Cadre Officer positions.
| Post Name | Grade | Vacancies |
|---|---|---|
| Chief Manager (Product & Research – Forex & Rupee Derivatives) | SMGS-IV | 1 |
| Manager (Product & Research Analyst) | MMGS-III | 6 |
The vacancies include regular and backlog positions. PwBD reservation is applicable as specified in the official recruitment notification.
Educational Qualification
Candidates must possess the required educational qualifications from institutions recognized by Government Bodies, AICTE or UGC.
Required Qualification:
- MBA / PGDM / PGDBM / PGDBA or an equivalent degree.
- Preference will be given to candidates specializing in Finance.
- Additional qualifications such as CFA, FRM, CA or CMA (formerly ICWA) are preferred.
- Candidates must have proficiency in spoken and written English.
1. Chief Manager (Product & Research – Forex & Rupee Derivatives)
- Educational Qualification: MBA / PGDM / PGDBM / PGDBA or equivalent.
- Work Experience: Minimum 7 years of post-qualification experience in Forex and Rupee markets.
- Relevant experience may be from banks, NBFCs, mutual funds, brokerage firms, research firms or other corporate and non-corporate organizations.
2. Manager (Product & Research Analyst)
- Educational Qualification: MBA / PGDM / PGDBM / PGDBA or equivalent.
- Work Experience: Minimum 3 years of post-qualification experience in Equity, Forex or Debt research.
- Relevant experience may be from banks, NBFCs, mutual funds, brokerage firms, research firms or other corporate and non-corporate organizations.
Note: Teaching and training experience will not be counted towards the required professional experience. The qualification and experience must be held as of 30 September 2026.
Age Limit
The age limit for SBI Chief Manager and Manager posts is calculated as of 30 September 2026.
| Post Name | Minimum Age | Maximum Age |
|---|---|---|
| Chief Manager | 30 Years | 40 Years |
| Manager | 24 Years | 36 Years |
Age Relaxation
Age relaxation is available for eligible reserved-category candidates as per Government of India rules.
| Category | Age Relaxation |
|---|---|
| OBC (Non-Creamy Layer) | 3 Years |
| SC/ST | 5 Years |
| PwBD-VI (LV) – General | 10 Years |
| PwBD-VI (LV) – OBC | 13 Years |
| PwBD-VI (LV) – SC | 15 Years |
Candidates should refer to the official notification for detailed age-relaxation conditions.
Salary
Selected candidates will receive an attractive salary under the applicable SBI management grade pay scales.
| Post Name | Grade | Pay Scale |
|---|---|---|
| Chief Manager | SMGS-IV | ₹1,02,300 – ₹1,20,940 |
| Manager | MMGS-III | ₹85,920 – ₹1,05,280 |
In addition to the basic pay, selected candidates will be eligible for several benefits, including:
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- City Compensatory Allowance (CCA)
- Provident Fund (PF)
- National Pension System (NPS)
- Leave Fare Concession (LFC)
- Medical facilities
- Other benefits as per SBI rules
The probation period for both positions is 12 months.
Application Fee
Candidates must pay the prescribed application fee through the online payment gateway.
| Category | Application Fee |
|---|---|
| General / EWS / OBC | ₹750 |
| SC / ST / PwBD | No Fee |
The application fee is non-refundable. Applicable transaction charges may also be payable by candidates.
Selection Process
The selection process for Chief Manager and Manager positions will consist of the following stages:
- Shortlisting of Applications
- Personal Interview
Shortlisting
The bank will examine applications based on the prescribed eligibility criteria and experience. Meeting the minimum eligibility requirements does not guarantee an interview call.
Interview
Shortlisted candidates will be invited for an interview carrying 100 marks. The qualifying marks will be decided by SBI.
Final Merit List
The final merit list will be prepared based on interview marks in descending order. In case of a tie, the older candidate will receive a higher rank.
How to Apply Online
Eligible candidates can follow the steps below to submit their applications.
- Visit the official SBI careers website: https://sbi.bank.in/web/careers/current-openings
- Find Advertisement No. CRPD/SCO/2026-27/26.
- Read the official recruitment notification carefully.
- Click on the Apply Online link.
- Complete the registration using a valid email ID and mobile number.
- Enter the required personal, educational and professional details.
- Upload your photograph, signature and required documents.
- Preview the application form and verify all details.
- Pay the prescribed application fee through the online payment gateway.
- Submit the application form and download the confirmation page.
- Keep a printout of the submitted application form and payment receipt for future reference.
Important: Applications will be accepted through online mode only. Candidates should complete the registration and fee payment before the last date.
Documents Required
Candidates should keep the following documents ready before applying:
- Recent passport-size photograph.
- Scanned signature.
- Updated detailed resume.
- Valid photo ID proof.
- Date of birth proof.
- Educational qualification certificates.
- Relevant professional experience certificates.
- Caste certificate, if applicable.
- PwBD certificate, if applicable.
- Preferred qualification certificates, if applicable.
- Duly filled and signed biodata form.
- Form-16, offer letter or latest salary slip from the current employer.
- No Objection Certificate (NOC), wherever applicable.
Documents must be uploaded in the prescribed format and size mentioned in the official notification.
Important Dates
| Notification Release Date | 02 November 2026 |
| Online Application Start Date | 02 November 2026 |
| Last Date to Apply Online | 23 November 2026 |
| Last Date for Fee Payment | 23 November 2026 |
| Age and Qualification Cut-off Date | 30 September 2026 |
Important Links
| Apply Online | Click Here |
| Official Notification PDF | Click Here |
| Official Website | Click Here |
Advertisement Number: CRPD/SCO/2026-27/26
Candidates are advised to download and read the official notification before submitting their applications. Check the SBI Careers website regularly for interview updates, corrigenda and other recruitment announcements.
FAQs – SBI Manager Recruitment 2026
1. How many vacancies are available in SBI Recruitment 2026?
A total of 7 vacancies are available, including 1 Chief Manager and 6 Manager posts.
2. What is the last date to apply for SBI Recruitment 2026?
The last date to submit the online application is 23 November 2026.
3. What is the educational qualification required for SBI SCO Recruitment 2026?
Candidates must possess an MBA, PGDM, PGDBM, PGDBA or equivalent degree from a recognized institution. Finance specialization is preferred.
4. What is the age limit for SBI Chief Manager Recruitment 2026?
The age limit for the Chief Manager post is 30 to 40 years as of 30 September 2026.
5. What is the age limit for SBI Manager Recruitment 2026?
The age limit for the Manager post is 24 to 36 years as of 30 September 2026.
6. What is the salary for SBI Chief Manager and Manager posts?
The Chief Manager pay scale is ₹1,02,300–₹1,20,940, while the Manager pay scale is ₹85,920–₹1,05,280.
7. What is the application fee for SBI Recruitment 2026?
General, EWS and OBC candidates must pay ₹750. SC, ST and PwBD candidates are exempted from the application fee.
8. What is the selection process for SBI Recruitment 2026?
Selection will be based on shortlisting and a personal interview carrying 100 marks.
9. Can candidates apply for both SBI vacancies?
Yes. Eligible candidates may apply for both posts, provided they satisfy the eligibility requirements for each position.
10. What is the official website of SBI?
The official website of the State Bank of India is https://sbi.bank.in/.