State Bank of India is hiring for various positions. Interested candidates can apply online before the deadline and must meet specific eligibility criteria.
State Bank of India Recruitment 2024: The State Bank of India is seeking qualified candidates for several roles, including Head (Product, Investment, and Research), Zonal Head, Regional Head, Relationship Manager – Team Lead, and Central Research Team (Product Lead). Applicants must pay an application fee of Rs. 750 for general/OBC/EWS candidates. Candidates from SC/ST/PwBD categories are exempt from this fee. The age limit for applicants ranges from 28 to 50 years depending on the position. There are 25 vacancies available for this recruitment.
The selection process will include an interview and CTC negotiation. The interview will be scored out of 100 marks. The annual CTC for selected candidates varies by position, with Rs. 51.80 for Relationship Manager – Team Lead, Rs. 61.20 for Central Research Team (Product Lead), Rs. 88.10 for Head (Product, Investment, and Research), and Rs. 135.00 for Head (Product, Investment, and Research). The engagement term is 5 years for selected candidates.
Posts Name and Vacancies for State Bank of India Recruitment 2024:
The State Bank of India is inviting online applications for various posts. There are 25 seats available for State Bank of India Recruitment 2024.
| Posts Name | No. of Seats |
| Head (Product, Investment and Research) | 1 |
| Zonal Head | 4 |
| Regional Head | 10 |
| Relationship Manager – Team Lead | 9 |
| Central Research Team (Product Lead) | 1 |
| Total | 25 |
Tenure for State Bank of India Recruitment 2024:
The official notification states that the positions will last for a maximum of 5 years, with a possibility of renewal for another 4 years based on the bank’s discretion.
Age Limit for State Bank of India Recruitment 2024:
The minimum age for applicants is 28 years, and the maximum age is 50 years. The age limit will be calculated as of 01.08.2024.
| Posts Name | Age Limit |
| Head (Product, Investment and Research) | 35-50 years |
| Zonal Head | 35-50 years |
| Regional Head | 35-50 years |
| Relationship Manager – Team Lead | 28-42 years |
| Central Research Team (Product Lead) | 30-45 years |
Working Place for State Bank of India Recruitment 2024:
Selected candidates will be posted in Mumbai, Chennai, Kolkata, New Delhi, and other locations across India, depending on the position.
| Posts Name | Posting Locations |
| Head (Product, Investment and 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 |
Required Qualification and Experience for State Bank of India Recruitment 2024:
Here are the qualifications and experience needed for each post:
For Head (Product, Investment, and Research):
- Graduation or Post-Graduation from a recognized university or college.
Preferred Qualification:
- Knowledge and experience in market analytics and research in economic trends.
Experience:
- At least 12 years of relevant work experience in financial services.
- At least 8 years in wealth management.
- Strong knowledge of equity products, PMS, and mutual funds.
- Experience in product development for private wealth clients.
For Zonal Head:
- Graduation from a recognized university.
Experience:
- Minimum of 15 years in managing sales in wealth management.
- At least 5 years leading a large team of relationship managers.
For Regional Head:
- Graduation from a recognized university.
Experience:
- At least 12 years in relationship management, preferably in wealth management.
- 5+ years leading a large team of relationship managers.
For more details on qualifications and experience for other posts, please refer to the official notification.
Salary for State Bank of India Recruitment 2024:
The monthly salary for the positions is as follows:
| Posts Name | CTC Upper Range (Rs In Lakhs) |
| Head (Product, Investment and Research) | Rs.135.00 |
| Zonal Head | Rs.88.10 |
| Regional Head | Rs.66.40 |
| Relationship Manager – Team Lead | Rs.51.80 |
| Central Research Team (Product Lead) | Rs.61.20 |
Application Fee for State Bank of India Recruitment 2024:
The application fees are as follows:
| Category | Amount Payable |
| For GEN/EWS/OBC | Rs. 750 |
| For SC/ST/PwBD Candidates | NIL |
Selection Process for State Bank of India Recruitment 2024:
The selection will be based on shortlisting and interviews, followed by CTC negotiation. The interview will be scored out of 100 marks. The qualifying marks will be determined by the bank.
How to Apply for State Bank of India Recruitment 2024:
Interested candidates can apply online through the official website before the deadline. No other application methods will be accepted.
- Deadline to submit the application form: The last date is 17.12.2024.
FAQs for State Bank of India Recruitment 2024:
Here are some frequently asked questions:
Q.1: What are the available posts for State Bank of India Recruitment 2024?
- Ans: The available posts are Head (Product, Investment, and Research), Zonal Head, Regional Head, Relationship Manager – Team Lead, and Central Research Team (Product Lead).
Q. 2: What is the term period for these positions?
- Ans: The term period is 5 years.
Q.3: How many seats are available?
- Ans: There are 25 seats available.