State Bank of India (SBI)

SBI SO Recruitment 2024 | 600+ Specialist Officer Posts | Apply Online

Location: All India

Posted on: November 25, 2024

Application Deadline: January 15, 2025

Job Type: Full-time

Salary: ₹60,000-1,50,000 per month

Job Description

State Bank of India (SBI), India's largest public sector bank, has announced recruitment for 600+ Specialist Officer (SO) positions across various departments. This is an excellent opportunity for qualified professionals to join the nation's premier banking institution and contribute to India's financial growth.

About State Bank of India

State Bank of India is an Indian multinational public sector banking and financial services company. It is the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. SBI has over 22,000 branches and 58,000+ ATMs across India.

Post-wise Vacancy Details

  • IT Officer (Software Developer) - 150 Posts
  • IT Officer (Infrastructure) - 100 Posts
  • Manager (Risk) - 80 Posts
  • Manager (Credit) - 75 Posts
  • Deputy Manager (IT) - 65 Posts
  • Chief Manager (Credit) - 50 Posts
  • Deputy Manager (Finance & Accounts) - 45 Posts
  • Manager (HR & IR) - 35 Posts

Key Responsibilities

  • Handle specialized functions in respective departments
  • Develop and implement banking solutions and strategies
  • Manage risk assessment and mitigation processes
  • Lead technology initiatives and digital transformation
  • Ensure compliance with banking regulations and policies
  • Mentor junior staff and provide technical guidance
  • Participate in project management and implementation

Career Growth & Benefits

  • Fast-track career progression opportunities
  • Comprehensive medical insurance for self and family
  • Subsidized loans for house, car, and personal needs
  • Pension benefits and provident fund
  • Professional development and training programs
  • Transfer opportunities across India and abroad

Eligibility

Educational Qualification

  • IT Officer: BE/B.Tech/MCA in Computer Science/IT with 60% marks
  • Manager (Risk): MBA/PGDM in Finance/Risk Management/Economics
  • Manager (Credit): MBA/CA/CFA with credit analysis experience
  • Deputy Manager (Finance): CA/ICWA/MBA Finance
  • Manager (HR): MBA/PGDM in HR/Industrial Relations
  • Minimum 60% marks in graduation and post-graduation

Experience Requirements

  • IT Officer: 1-3 years in software development/system administration
  • Manager positions: 2-7 years relevant experience
  • Chief Manager: 5-12 years in banking/finance sector
  • Deputy Manager: 1-5 years specialized experience
  • Fresh graduates eligible for select IT Officer positions

Age Limit

  • General/EWS: 21-35 years
  • OBC: 21-38 years (3 years relaxation)
  • SC/ST: 21-40 years (5 years relaxation)
  • PwD: 21-45 years (10 years relaxation)
  • Ex-Servicemen: As per government rules

Selection Process

  • Online Written Examination (Objective + Descriptive)
  • Group Exercise/Group Discussion (for select posts)
  • Personal Interview
  • Document Verification
  • Medical Examination
  • Final Merit List based on combined scores

Application Process

  • Apply online through SBI official website
  • Upload recent photograph and signature
  • Upload educational certificates and experience letters
  • Pay application fee online (Net Banking/Debit Card/Credit Card)
  • Submit application and take printout
  • No offline applications accepted

Exam Pattern

  • Objective Test: 150 questions, 150 marks, 2.5 hours
  • Descriptive Test: English Language, 50 marks, 30 minutes
  • Subjects: Professional Knowledge, General Awareness, English, Quantitative Aptitude, Reasoning
  • Negative Marking: 0.25 marks for wrong answers

Important Dates

Event Date
Notification Released November 25, 2024
Online Application Start December 1, 2024
Application Deadline January 15, 2025
Admit Card Release February 2025
Online Examination March 2025
Interview/Group Exercise April-May 2025
Final Result June 2025
Joining/Training July-August 2025

Other Details

Total Posts 600+
Application Mode Online Only
Application Fee ₹750 (Gen/OBC/EWS), ₹125 (SC/ST/PwD)
Exam Centers Major cities across India
Training Period 1-6 months (varies by post)
Probation Period 2 years
Bond/Service Agreement 3 years for IT positions
Official Website www.sbi.co.in