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SBI SCO Bharti 2026 - 7 Chief Manager & Manager (Product & Research) Posts

State Bank of India (SBI), Central Recruitment & Promotion Department, Corporate Centre, Mumbai · Posted 2 Nov 2026

Total posts7
QualificationMBA / PGDM / PGDBM / PGDBA (Finance preferred) with 3–7 years' post-qualification experience; CFA / FRM / CA / CMA preferred
Age limit24–40 years
Last date23 Nov 2026

In short

SBI SCO Bharti 2026 has been released by State Bank of India for 7 Specialist Cadre Officer posts on a regular basis: Chief Manager (Product & Research – Forex & Rupee Derivatives) and Manager (Product & Research Analyst). Candidates with an MBA, PGDM, PGDBM or PGDBA and relevant market experience can apply online until 23 November 2026.

The recruitment is notified under Advertisement No. CRPD/SCO/2026-27/26 by the Central Recruitment & Promotion Department, Corporate Centre, Mumbai, dated 02.11.2026. Both roles sit in SBI's product and research function, covering derivative product design, macroeconomic and interest-rate research, and equity, forex and debt market analysis for the bank's corporate and retail clients.

This is an all-India recruitment, so eligible candidates from Gujarat and other states can apply. The suggested place of posting is Mumbai, but the bank may post officers to any SBI office in India or depute them to its associates and subsidiaries.

  • No exam: Selection is through shortlisting and interview only; final merit is based on interview marks
  • No fee for SC, ST and PwBD candidates
  • Apply for both posts: Eligible candidates may apply for both, but only the last completed application per post is kept
  • Specialist cadre only: No option to convert to General cadre later
  • Teaching/training experience not counted towards the required experience
  • Probation: 12 months for both posts
  • Interview travel: Outstation candidates get economy airfare reimbursed, up to ₹10,000 (to-and-fro)
  • Edit limit: A saved application can be re-opened and edited only three times
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Important dates

  1. 2 Nov 2026

    Notification Date · done

  2. 2 Nov 2026

    Application Start · done

  3. 23 Nov 2026

    Fee Payment Last Date

  4. 23 Nov 2026

    Last Date to Apply

  5. 30.09.2026

    Cut-off Date for Age, Qualification & Experience

  6. Issued between 01.04.2026 and interview date

    OBC NCL Certificate Validity Window

  7. To be announced (call letter by e-mail / website)

    Interview

Application fee

CategoryFee
General / EWS / OBCRs. 750
SC / ST / PwBDNil

Pay online via Debit Card / Credit Card / Internet Banking between 02.11.2026 and 23.11.2026. Fee is non-refundable and cannot be adjusted for any future recruitment; transaction charges are borne by the candidate.

Eligibility

1. Chief Manager (Product & Research – Forex & Rupee Derivatives), SMGS-IV

  • Mandatory qualification: MBA / PGDM / PGDBM / PGDBA or equivalent from an institution recognised by Government bodies / AICTE / UGC; preference for Finance specialisation
  • Preferred qualification: CFA / FRM / CA / Cost Accountant (CMA, erstwhile ICWA)
  • Experience: Minimum 7 years' post-qualification experience in Forex and Rupee markets in corporate/non-corporate organisations, research firms, brokerage firms, banks, NBFCs or mutual funds
  • Skill: Proficient in spoken and written English
  • Age: 30 to 40 years as on 30.09.2026

2. Manager (Product & Research Analyst), MMGS-III

  • Mandatory qualification: MBA / PGDM / PGDBM / PGDBA or equivalent from an institution recognised by Government bodies / AICTE / UGC; preference for Finance specialisation
  • Preferred qualification: CFA / FRM / CA / Cost Accountant (CMA, erstwhile ICWA)
  • Experience: Minimum 3 years' post-qualification experience in Equity / Forex / Debt research in corporate/non-corporate organisations, research firms, brokerage firms, banks, NBFCs or mutual funds
  • Skill: Proficient in spoken and written English
  • Age: 24 to 36 years as on 30.09.2026

Cut-off date: Age, qualification and experience are counted as on 30.09.2026. The prescribed qualification is the minimum, and experience must be full-time and gained after the basic qualification.

Age relaxation by category (upper age limit):

CategoryRelaxation (years)
OBC (Non-Creamy Layer)3
SC / ST5
PwBD VI-LV (UR)10
PwBD VI-LV (OBC)13
PwBD VI-LV (SC)15

Relaxation rules:

  • Age relaxation is not cumulative across categories
  • OBC candidates in the creamy layer get no reservation or age relaxation and must apply as UR
  • Reserved-category candidates for whom no seat is reserved can apply against UR vacancies if they meet UR eligibility

PwBD (Low Vision) eligibility: Benchmark disability means at least 40% of a specified disability. Low Vision means visual acuity not exceeding 6/18 (or less than 20/60) up to 3/60 (or up to 10/200 Snellen) in the better eye with best correction, OR field of vision subtending an angle below 40 degrees up to 10 degrees. PwBD reservation is horizontal under the parent category, as per Section 34 of the RPwD Act, 2016.

Character condition: Candidates with adverse reports on character, antecedents or moral turpitude are not eligible.

Age limit24–40 years
Experience3+ years
Pay range₹85,920 – ₹1,20,940 / Month
Salary₹85,920 – ₹1,20,940 basic pay per month (MMGS-III / SMGS-IV) plus DA, HRA, CCA and other benefits
Basic Pay₹85,920 – ₹1,05,280 (Manager, MMGS-III); ₹1,02,300 – ₹1,20,940 (Chief Manager, SMGS-IV)
DAAs per bank rules
HRAAs per bank rules (CCA also payable)

Age relaxation for reserved categories applies as per the official notification.

Vacancy details · 7 posts

Post NameUROBCSCTotal
Chief Manager (Product & Research – Forex & Rupee Derivatives)1——1
Manager (Product & Research Analyst)3216

Selection process

  1. 1Shortlisting by Bank Committee
  2. 2Personal Interview (100 marks) with Document Verification
  3. 3Merit List (based on interview marks only)
  4. 4Reference, Antecedent Verification & Medical Examination

How to apply

  1. Visit SBI's careers page: sbi.bank.in/web/careers/current-openings
  2. Scroll down and click on Advertisement No. CRPD/SCO/2026-27/26, then download and read the detailed advertisement
  3. Click Apply Online and register with a valid e-mail ID and mobile number (keep both active till the final result)
  4. Upload your scanned photograph and signature first – the application will not register without them
  5. Fill in personal, category, qualification and experience details
    • Use Save to store a partial form; note down the provisional registration number and password shown on screen
    • A saved form can be re-opened and edited only three times
  6. Upload all required documents in PDF through the separate upload links and click Preview to confirm each one opens properly
  7. Check every field carefully and submit the application – no changes are allowed after this
  8. Pay the fee online through the integrated payment gateway (Debit Card / Credit Card / Internet Banking); retry if the first attempt fails
  9. Print the e-receipt and the system-generated application form for your records (reprint option is available later)
  10. For any query, write through the Contact Us link: sbi.bank.in/web/careers/post-your-query

Documents required

Photo & Signature (JPG/JPEG)

  • Recent passport-style colour photograph: 20–50 KB, 200 x 230 pixels preferred, light/white background, no caps or dark glasses
  • Signature in black ink on white paper: 10–20 KB, 140 x 60 pixels preferred; signature in CAPITAL letters is not accepted

Academic & Experience Documents (PDF, A4, max 500 KB each)

  • Degree certificate of mandatory qualification (MBA/PGDM/PGDBM/PGDBA)
  • Preferred qualification certificate (CFA/FRM/CA/CMA), if any
  • Experience certificates (mandatory)
  • Form-16 / offer letter / latest salary slip from current employer

Identity & Category Documents (PDF)

  • ID proof
  • Proof of date of birth
  • Caste certificate (SC/ST/OBC), if applicable
  • OBC non-creamy layer certificate issued between 01.04.2026 and the interview date, with the prescribed declaration
  • PwBD certificate in prescribed format, dated on or before the last date of registration

Other Documents (PDF)

  • Detailed resume
  • Biodata form downloaded from the advertisement page, filled, signed and scanned
  • No Objection Certificate from present employer (upload if available; mandatory at interview for Govt./PSU/PSB employees)

Important notes

General Guidelines

  1. Vacancies, including reserved ones, are provisional and may change as per the bank's needs.
  2. The bank may cancel or modify the recruitment, wholly or for any post, at any stage without refunding fees.
  3. Selected officers serve a probation as per the bank's recruitment policy and need a medical fitness clearance.
  4. Job profiles and KRAs listed are illustrative; additional roles may be assigned.
  5. Posting and placement are at the bank's sole discretion; requests for specific places may not be entertained.
  6. Legal disputes can be filed only in courts/tribunals at Mumbai.
  7. By applying, candidates consent to processing of their personal data under the DPDP Act, 2023.

Eligibility Conditions

  1. Meeting minimum eligibility does not guarantee an interview call; a shortlisting committee decides the parameters.
  2. Admission at every stage is provisional and subject to document verification at interview.
  3. Candidates found ineligible at the interview venue cannot appear and get no travel reimbursement.
  4. Experience certificates must clearly mention experience in the required field.
  5. If the degree does not state the specialisation, a certificate from the university/college is needed.
  6. Category cannot be changed after online registration.

Application & Fee

  1. Only online applications are accepted; do not send hard copies.
  2. Registration is complete only after fee payment on or before the last date.
  3. For multiple applications to the same post, only the last completed one is kept and other fees are forfeited.
  4. Apply early to avoid website load issues near the closing date.

Interview & Selection

  1. The interview carries 100 marks; qualifying marks are set by the bank.
  2. Ties at the cut-off are broken by age, with older candidates ranked higher.
  3. Interview venue is decided by the bank; no change requests are accepted.
  4. Candidates must disclose any pending criminal cases at the interview; police verification may be done.
  5. Government/PSU/bank employees must give an NOC at the interview, or candidature may be rejected and travel costs not paid.
  6. Selected candidates must produce a discharge/relieving certificate from the current employer at joining.

Communication

  1. Interview call letters are sent by e-mail or posted on the website only; no hard copy is sent.
  2. All updates, corrigenda and results are hosted only on the bank's website.
  3. The bank is not responsible for delay or loss of any communication.

Fraud/Canvassing Warning

  1. SBI does not endorse any coaching platform, consultant or person promising guaranteed selection or insider help.
  2. False information, suppression of facts, fraud or impersonation leads to disqualification, debarment and legal action, even after appointment.

Frequently asked questions

How many posts are there in SBI SCO Bharti 2026?

There are 7 posts: 1 Chief Manager (Product & Research – Forex & Rupee Derivatives) and 6 Manager (Product & Research Analyst).

What is the last date to apply for SBI SCO Recruitment 2026?

The last date for online registration and fee payment is 23 November 2026.

What qualification is needed for SBI Manager Product & Research Analyst?

An MBA, PGDM, PGDBM or PGDBA (Finance preferred) with at least 3 years of post-qualification experience in equity, forex or debt research.

Is there a written exam for SBI SCO Bharti 2026?

No. Selection is through shortlisting and a 100-mark interview, and the merit list is based on interview marks only.

What is the application fee for SBI SCO 2026?

₹750 for General, EWS and OBC candidates. There is no fee for SC, ST and PwBD candidates.

What is the salary of SBI Chief Manager in SMGS-IV?

The basic pay scale is ₹1,02,300 – ₹1,20,940 per month, plus DA, HRA, CCA, NPS and other benefits.

Can Gujarat candidates apply for SBI SCO Bharti 2026?

Yes. It is an all-India recruitment open to eligible Indian citizens from any state; the suggested posting is Mumbai.

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