State Bank of India Recruitment 2024 Offers 25 Job Openings

SBI is hiring for various positions with 25 vacancies available for eligible candidates.

State Bank of India Recruitment 2024 is now open for applications. SBI is looking for qualified candidates to fill positions such as Head (Product, Investment, and Research), Zonal Head, Regional Head, Relationship Manager – Team Lead, and Central Research Team (Product Lead). There are 25 vacancies available, and selected candidates will be placed in Mumbai, Chennai, Kolkata, New Delhi, or across India based on the role.

The roles are offered on a contractual basis for five years, with a possibility of renewal for another four years. Candidates will be chosen through shortlisting, interviews, and salary negotiations. Interested candidates can apply online on the official SBI website, ensuring they submit all required documents before the deadline.

Post Name and Vacancies for State Bank of India Recruitment 2024:

There are 25 vacancies for the following positions:

Post Name Vacancies
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

Age Limit for State Bank of India Recruitment 2024:

Applicants must be aged between 28 and 50 years depending on the position:

Post Name Minimum Age Limit Maximum Age Limit
Head (Product, Investment and Research) 35 50
Zonal Head 35 50
Regional Head 35 50
Relationship Manager – Team Lead 28 42
Central Research Team (Product Lead) 30 45

Qualification and Experience Required for State Bank of India Recruitment 2024:

Applicants must meet the educational and experience requirements for each position:

Head (Product, Investment and Research) –

  • Graduation/Post-Graduation from a recognized university or institution.

Preferred Qualification –

  • Experience in market analytics and research in economics.

Post-Qualification Experience –

  • At least 12 years in financial services, with 8 years in wealth management.
  • Strong knowledge of equity products and investment advisory.

Zonal Head –

  • Graduation from a recognized university.

Post-Qualification Experience –

  • 15 years in sales management in wealth management or retail banking.
  • 5 years leading a team of relationship managers.

Regional Head –

  • Graduation from a recognized university.

Post-Qualification Experience –

  • 12+ years in relationship management in wealth management.
  • 5+ years leading a team of relationship managers.

Relationship Manager – Team Lead –

  • Graduation from a recognized university.

Post-Qualification Experience –

  • 8 years in relationship management, preferably in wealth management.
  • Team lead experience is preferred.

Central Research Team (Product Lead) –

  • Post-graduation in relevant fields from a recognized university.

Preferred Qualification –

  • NISM Investment Advisor/Research Analyst Certificate is preferred.

Post-Qualification Experience –

  • 5 years in equity research or product experience in wealth management.

Salary for State Bank of India Recruitment 2024:

The selected candidates will receive a salary ranging from Rs.51.80 Lakh to Rs.135.00 Lakh per year based on their position.

Annual CTC details are as follows:

Post Name CTC Upper Range^
(Rs In Lakh)
Head (Product, Investment and Research) 135.00
Zonal Head 88.10
Regional Head 66.40
Relationship Manager – Team Lead 51.80
Central Research Team (Product Lead) 61.20

Tenure for State Bank of India Recruitment 2024:

The tenure for these positions will be on a contractual basis for five years, with a chance to renew for another four years.

Place of Posting for State Bank of India Recruitment 2024:

Posting locations vary by position:

Post Name Place of Posting
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

Selection Procedure for State Bank of India Recruitment 2024:

Selection will be based on shortlisting, interviews, and salary negotiations as per the official SBI guidelines.

Application Fee for State Bank of India Recruitment 2024:

Applicants must pay an application fee as follows:

  • Rs.750 for General/EWS/OBC candidates and no fee for SC/ST/PwBD candidates.
  • Payment must be made online using a debit card, credit card, or internet banking.
  • Fees are non-refundable and cannot be adjusted for future applications.

How to Apply for State Bank of India Recruitment 2024:

Eligible candidates can apply online through the SBI website. Ensure all required documents are attached. Applications submitted after the deadline or incomplete will not be accepted.

The last date to submit applications is 17.12.2024

FAQs for State Bank of India Recruitment 2024:

Here are some Frequently Asked Questions:

Q.1. How many vacancies are there for the State Bank of India Recruitment 2024?

Ans. There are 25 vacancies available.

Q.2. How to apply for State Bank of India Recruitment 2024?

Ans. Candidates can apply online.

Q.3. What is the last date to apply?

Ans. The last date to apply is 17th December 2024.

Mangesh Wakchaure is a veteran writer working at GP Kullu, focusing on Pune news coverage on a range of topics.