State Bank of India (SBI) has released the SBI SCO Recruitment 2024 notification for the year 2024. Eligible candidates can apply for only one post on the official SBI website. The department has also released the last date along with the application form and its notification on its portal. This recruitment will be conducted by State Bank of India Central Recruitment and Promotion Department Corporate Centre, Mumbai.
State Bank of India has invited online applications from Indian nationals for recruitment to 1049 posts in SBI Specialist Cadre Officers 2024 on contract basis. The advertisement number for which is CRPD/SCO/2024-25/09. Candidates are requested to apply online successfully through the link provided on the bank’s website https://bank.sbi/careers. Online registration of application and payment of fee will be done from 19.07.2024 to 08.08.2024.
SBI SCO Recruitment 2024: State Bank of India has announced the recruitment of (SCO) Specialist Cadre Officer 2024. Interested and eligible candidates who want to do government job in bank sector can apply by visiting the official website of SBI. You can apply for only one post so do not apply for more posts. Details about total number of posts, application process and educational qualification etc. are given in this article so read it completely.
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📢 Short Information : SBI SCO Recruitment 2024
| STATE BANK OF INDIA Advertisement No:- CRPD/SCO/2024-25/09 (Bank Government Jobs) State Posting Mumbai Circles Central Recruitment & Promotion Department Corporate Centre, Mumbai SBI SO Recruitment 2024 Online Form for 1049 Specialist Cadre Officers Jobs View Important Details Now sarkarikaramcharibharti.com |
☑️ SBI SCO Eligibility Criteria
| SBI SCO Recruitment 2024 Eligibility Criteria- Candidates who are citizens of India & have done Graduation/MBA/PGDM/PGDBM/MMS/PGDM/ME/MTech/BE/BTech and also have experience in the relevant field. |
☑️ Education Qualification of SBI SCO Recruitment 2024
| Post Name | Education |
| Central Research Team-Product Lead | MBA/PGDM/PGDBM |
| Central Research Team-Support | Graduate/PG in Commerce/Finance/Economics/Management/ Mathematics/Statistics |
| Project Development Manager-Technology | MBA/MMS/PGDM/ME/MTech/BE/BTech/PGDBM |
| Project Development Manager-Business | MBA/PGDM/PGDBM |
| Relationship Manager | Graduation |
| VP Wealth | Graduation MBA (Banking/Finance/Marketing) |
| Relationship Manager-Team Lead | Graduation |
| Regional Head | Graduation |
| Investment Specialist | MBA/PGDM/PGDBM Or CA/CFA |
| Investment Officer | MBA/PGDM/PGDBM Or CA/CFA |
☑️ Age Limit for SBI SO Recruitment 2024
| Post Name | Age Limit |
| Central Research Team-Product Lead | 30 to 45 |
| Central Research Team-Support | 25 to 35 |
| Project Development Manager-Technology | 25 to 40 |
| Project Development Manager-Business | 30 to 40 |
| Relationship Manager | 23 to 35 |
| VP Wealth | 26 to 42 |
| Relationship Manager-Team Lead | 28 to 42 |
| Regional Head | 35 to 50 |
| Investment Specialist | 28 to 42 |
| Investment Officer | 28 to 40 |
☑️ Application Fees of SBI SO Recruitment 2024
| Fees | Instructions |
| SC-Nil ST-Nil OBC-Nil PWD-Nil GEN-Rs.750 EWS-Rs.750 | Payment Mode- Online Payment- Online/Debit/Credit cards/Net banking SC/ST/OBC/PWD Candidates exempted from payment of fee |
☑️ Total Posts in SBI SCO Vacancy 2024
| Post Name | Total Post |
| Central Research Team (Product Lead) | 02 |
| Central Research Team (Support) | 02 |
| Project Development Manager (Technology) | 01 |
| Project Development Manager (Business) | 02 |
| Relationship Manager | 273 |
| VP Wealth | 643 |
| Relationship Manager Team Lead | 32 |
| Regional Head | 06 |
| Investment Specialist | 30 |
| Investment Officer | 49 |
☑️ Salary of SBI SCO Vacancy 2024
| Post Name | CTC Rs. In Lakhs |
| Central Research Team (Product Lead) | 61.00 |
| Central Research Team (Support) | 20.50 |
| Project Development Manager (Technology) | 30.00 |
| Project Development Manager (Business) | 30.00 |
| Relationship Manager | 30.00 |
| VP Wealth | 45.00 |
| Relationship Manager Team Lead | 52.00 |
| Regional Head | 66.50 |
| Investment Specialist | 44.00 |
| Investment Officer | 26.50 |
☑️ Important Dates of Recruitment Program
| Date of issue of notification | 19/07/2024 |
| Online apply start date | 19/07/2024 |
| Last date of application | 08/08/2024 |
| Last date of correction | 08/08/2024 |
| Fee payment last date | 08/08/2024 |
| Shortlisting start date | To be announced later |
| Interview Call Letter | To be announced later |
| Interview start date | To be announced later |
| Document verification date | To be announced later |
| Date of final result | To be announced later |
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Also Read:-
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- TNPSC Recruitment 2024.
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📢 Detail Information : SBI SCO Recruitment 2024 Notification
Eligiblity Criteria:
SBI SCO Recruitment 2024 Eligibility Criteria includes candidates who are citizens of India and have done Graduation/MBA/PGDM/PGDBM/MMS/ PGDM/ME/MTech/BE/BTech and also have experience in the relevant field.
Education Qualification:
The candidate should have done Graduation/MBA/PGDM/PGDBM/MMS/PGDM/ME/MTech/BE/BTech from any Government recognized University or Institute. Also should have post qualification experience in any professional work in the relevant field.
Age limit and Relxation:
In this recruitment, the age limit will be calculated from 01/04/2024 in which the minimum age is 25 years and the maximum age is 50 years. Apart from this, relaxation has been given in the age limit of SC-05 years, ST-05 years, OBC-03 years.
Fees:
The application fee for General/EWS candidates is Rs 750, while SC/ST/OBC/PWD candidates are not required to pay. The payment can be made online using Debit card/Credit card/ Net banking/UPI methods.
Total Post:
Through this recruitment, Central Research Team (Product Head)-02, Central Research Team (Support)-02, Project Development Manager (Technology)-01, Project Development Manager (Business)-02, Relationship Manager-273, VP Wealth-643, Relationship Manager Team Lead-32, Regional Head-06, Investment Specialist-30, Investment Officer-49 posts will be filled. Thus, a total of 1040 vacancies will be filled in SBI.
Salary and Benefits:
Do check the salary for each post mentioned in the notification once. The salary for these posts is in annual CTC and will depend on the SBI SCO eligibility, experience of the candidates and the place of posting.
According to SBI Bank, the salary and annual increment bandwidth for Central Research Team (Product Lead), Central Research Team (Support), Project Development Manager (Technology), Project Development Manager (Business) posts will be 0% to 35% and increment bandwidth will be 0% to 25% based on performance.
The salary and annual increment bandwidth for Relationship Manager, VP Wealth, Relationship Manager Team Lead, Regional Head, Investment Specialist, Investment Officer posts will be 0% to 45% and increment bandwidth will be 0% to 25%. 30 days leave will be granted by the bank in a financial year for genuine and justifiable reasons.
Important Dates:
The starting and last dates to fill the online form are given in the SBI SO 2024 Recruitment Notification which is announced on 19th July 2024, so eligible candidates who meet the eligibility criteria can apply online from 19th July 2024 till the last date 8th August 2024.
☑️ Official Website of SBI SCO Recruitment 2024
If you are a graduate then this is a good opportunity for you to apply for a government job in State Bank of India. SBI is one of the most reputed and largest banks in India. Therefore, interested and eligible candidates must apply for this recruitment.
For this, candidates should visit the official website of SBI and apply after knowing in detail about the number of posts, how to apply, educational qualification. This recruitment has been released on 19th July. The link to the Official Website of SBI SCO Recruitment 2024 is given below.
☑️ SBI SCO Recruitment 2024 Notification Pdf
SBI has uploaded the official notification for the recruitment of Specialist Officer on contract basis on the website. So for more information related to the recruitment, candidates can download SBI SCO Recruitment 2024 Notification PDF from the link given below, and can apply after reading and understanding it completely.
📢 SBI SO Recruitment 2024 Apply Online?
SBI SCO Recruitment 2024 application process is as follows.
- Candidates must first visit the official website https://sbi.co.in/web/careers/
- Then click to SBI Recruitment 2024 Apply Online Application Form.
- Keep the email ID active for call letter and interview advice.
- Candidates will keep getting further updates on the email id.
- Then click on SBI SCO Recruitment 2024 Online Apply button.
- Fill in your required details carefully.
- Upload the documents required by SBI Bank in the proper format.
- If the candidate is eligible for fee exemption, do not pay any fee.
- If the candidate is not eligible for fee exemption, then pay the fee using the payment gateway.
- Preview your filled application.
- Submit the application and take a print out of it.
📢 SBI SCO Recruitment 2024 Selection Process
SBI SCO Recruitment 2024 selection process consists of two stages, first shortlisting on the basis of academic qualification and experience and second interview cum interaction, after that merit list will be prepared based on the results of the interview.
Shortlisting and interview of 100 marks will be conducted to select on the basis of eligibility prescribed by SBI Bank. The final merit list will be prepared on the basis of marks obtained in the interview. In this, if many candidates get the cut off marks, they will be listed on the basis of age and qualification.
SBI SCO Recruitment 2024 selection process information is as follows.
Shortlisting:
- The decision to call the candidates for interview will be of SBI Bank and no correspondence will be entertained for this.
- The committee constituted by SBI Bank will do the shortlisting and after that the candidates will be called for interview.
- If the candidate has the minimum qualification and experience, it is not necessary that he is called for interview.
- Only the finally selected candidates will be called for interview.
Interview cum CTC Talks:
- The notice or call letter for the interview will be sent to your email.
- The interview will carry a total of 100 marks for which the qualifying marks will be decided by SBI Bank.
- No correspondence or intimation will be given for the same.
- Hard copy of call letter or intimation will not be sent to the candidates for the interview.
- CTC talks will be held with the candidates one by one in the interview.
- The notice or call letter for the interview will also be uploaded on the official website of SBI Bank.
Merit List:
- If more candidates secure the cut off marks, then the candidates will be shortlisted as per age.
- The merit list for SBI SCO Recruitment 2024 selection process will be prepared on the basis of interview marks only.
📢 Some FAQs
What is the Education qualification for SBI SCO 2024?
Candidates must have done Graduation/MBA/PGDM/PGDBM/MMS/PGDM/ME/M.Tech./BE/B.Tech from any government recognized university or institute. Also, there should be post qualification experience in any professional work in the relevant field.
What is the salary of SCO in SBI bank?
The salary is as follows.
Central Research Team (Product Lead) 61.00
Central Research Team (Support) 20.50
Project Development Manager (Technology) 30.00
Project Development Manager (Business) 30.00
Relationship Manager 30.00
VP Wealth 45.00
Relationship Manager Team Lead 52.00
Regional Head 66.50
Investment Specialist 44.00
Investment Officer 26.50
Who is eligible for SCO?
The candidate should have done graduation/MBA/PGDM/PGDBM/MMS/PGDM/ME/M.Tech./BE/B.Tech from any government recognized university or institute. Also, there should be post qualification experience in any professional work in the relevant field. Such candidates are eligible.
What is the full form of SCO in SBI?
The full form of SCO in SBI is Specialist Cadre Officer.
What is the last date of SBI SCO?
The last date to apply online for SBI SCO is 8 August 2024.
What is the fees of SBI SCO?
The application fee for General/EWS candidates is Rs 750, while SC/ST/OBC/PWD candidates are not required to pay. The payment can be made online using Debit/Credit card/Net Banking/UPI methods.
What is a SCO in banking?
SCO is a specialized department of State Bank of India. In which SCO officers manage various specialized functions of the bank, such as digital banking, risk management, marketing management, wealth management, investment management, relationship management and many more.
What is the selection process for SCO?
Selection process consists of two stages, first shortlisting on the basis of academic qualification and experience and second interview cum interaction, after that merit list will be prepared based on the results of the interview.
What is SBI SCO exam?
This exam is conducted every year by the Central Recruitment and Promotion Department of State Bank of India, Corporate Centre, Mumbai. In this, online written examination or interview with shortlisting is taken to fill the vacant posts.
What is the work of SCO in SBI?
SCO Officer in SBI Bank performs various tasks like Stock and Sector Research, Fixed Income Research, Mutual Fund, PMS and other Product Research, Managing relationships with various business partners, Managing branch customers, conducting branch insurance and investment seminars, selling mortgages, credit cards and driving channel migration, acquiring more customers from the same household and many more.
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