Quick Answer: State Bank of India (SBI) is hiring for 7 position(s) of SBI Recruitment 2026: Apply Online for 7 Chief Manager & Manager (Product & Research) Posts in Mumbai, Central, IN. The salary is 85,920 – 120,940 INR / month. The application deadline is 23 November 2026. Applications are accepted ONLINE.
SBI Recruitment 2026: Apply Online for 7 Chief Manager & Manager (Product & Research) Posts
State Bank of India (SBI) Recruitment Overview & Summary
State Bank of India (SBI), Central Recruitment & Promotion Department, Corporate Centre, Mumbai has announced Specialist Cadre Officers recruitment advertisement No. CRPD/SCO/2026-27/26 for 7 executive vacancies. Openings include Chief Manager (Product & Research - Forex & Rupee Derivatives) on SMGS-IV scale (Rs. 1,02,300 - 1,20,940) and Manager (Product & Research Analyst) on MMGS-III scale (Rs. 85,920 - 1,05,280). Online registration and application fee payment are open from 02 November 2026 until 23 November 2026.
State Bank of India (SBI) Key Recruitment Details at a Glance
| Specification Parameter | Official Recruitment Details |
|---|---|
| Recruiting Authority | State Bank of India (SBI) |
| Advertisement Reference | central-jobs/sbi-chief-manager-manager-product-research-recruitment-2026 |
| Total Vacancies | 7 Post(s) |
| Monthly Remuneration / Pay Scale | 85,920 – 120,940 INR / month |
| Job Location | Mumbai, Central, IN |
| Application Mode | ONLINE |
| Last Date to Apply | 23 November 2026 |
| Official Website | sbi.bank.in → |
| Official Recruitment Portal | https://sbi.bank.in/web/careers/current-openings → |
State Bank of India (SBI) Important Dates & Recruitment Timeline
| Recruitment Stage / Event | Scheduled Date & Window | Current Status |
|---|---|---|
| Official Circular Released | 02 Nov 2026 | Released |
| Application Commencement | 02 Nov 2026 | Started |
| Application Submission Deadline | 23 November 2026 | Accepting Applications |
| Examination / Interview Schedule | 24 Nov 2026 | Refer to Official Notice |
State Bank of India (SBI) Post-Wise Vacancies & Pay Scale Distribution
| Sl. | Post Designation | Location / Jurisdiction | Vacancies | Monthly Remuneration |
|---|---|---|---|---|
| 1 | SBI Recruitment 2026 | Mumbai, Central, IN | 7 | 85,920 – 120,940 INR / month |
Key Responsibilities & Duties at State Bank of India (SBI)
- Conduct in-depth quantitative and macroeconomic research across foreign exchange, interest rates, rupee derivatives, and debt markets.
- Design, structure, and back-test derivative products in alignment with RBI statutory prudential norms and market risk parameters.
- Provide periodic treasury research intelligence, financial hedging models, and product performance briefs to SBI top management.
Eligibility & Qualification Criteria for State Bank of India (SBI)
- Minimum Education: MBA / PGDM / CFA / CA / FRM
- Required Degree: MBA/PGDM/PGDBM/PGDBA or equivalent post-graduate qualification recognized by AICTE/UGC with Finance specialization; professional credentials like CFA, FRM, or CA are preferred.
- Experience Required: 3 Year(s)
- Age Limit: 24 to 36 years for Manager; 30 to 40 years for Chief Manager as on 30 September 2026. Age relaxation of 5 years for SC/ST, 3 years for OBC, and up to 15 years for PwBD candidates.
Age Limit & Relaxations for State Bank of India (SBI) Recruitment
Prescribed Age Limit: 24 to 36 years for Manager; 30 to 40 years for Chief Manager as on 30 September 2026. Age relaxation of 5 years for SC/ST, 3 years for OBC, and up to 15 years for PwBD candidates.
Upper age limit relaxations apply for reserved categories: Scheduled Castes (SC) / Scheduled Tribes (ST) get up to 5 years, Other Backward Classes (OBC-NCL) get up to 3 years, and Persons with Benchmark Disabilities (PwBD) get 10 to 15 years as per government norms.
Selection Procedure & Assessment Criteria for State Bank of India (SBI)
- Stage 1 — Preliminary Screening / Written Examination: Assessment covering general aptitude, reasoning, quantitative ability, and trade-specific subjects as per the official scheme.
- Stage 2 — Skill / Physical Measurement & Endurance Test: Practical trade test, typing speed test, or Physical Standards/Endurance Test (PST/PET) where applicable.
- Stage 3 — Personal Interview & Document Verification: Final interview, scrutiny of original educational and category certificates, followed by mandatory medical fitness review.
State Bank of India (SBI) Application Fee & Mode Details
| Category / Post | Application Fee | Payment Mode |
|---|---|---|
| General / Unreserved Candidates | Application fee of Rs. 750 for General, EWS, and OBC candidates; SC, ST, and PwBD candidates are exempted from application fees. | Online via Portal / Gateway |
| Reserved Categories (SC / ST / PwD / Female) | Exempted / Nil (Free) | Exempted from Fee Payment |
Eligible candidates must register online through the official SBI Careers recruitment portal (sbi.bank.in/web/careers) and complete payment by 23 November 2026. Upload clear PDF copies of resume, ID proof, educational degrees, and experience letters.
Apply Now / Official Notice →Step-by-Step How to Apply for State Bank of India (SBI) Recruitment
- Navigate to the official portal or recruitment registration window at https://sbi.bank.in/web/careers/current-openings.
- Read the comprehensive notification circular and ensure you meet the post eligibility, age limits, and required trade qualifications.
- Register with an active email address and mobile number, then complete the online application form with precise personal and academic credentials.
- Upload scanned images of your recent passport-size photograph, signature, and necessary educational or caste certificates in the prescribed format.
- Submit the applicable application fee through the secure online payment gateway and print/save the final acknowledgment slip for future correspondence.
Frequently Asked Questions about State Bank of India (SBI) Recruitment
What is the educational qualification required for SBI Recruitment 2026?
MBA/PGDM/PGDBM/PGDBA or equivalent post-graduate qualification recognized by AICTE/UGC with Finance specialization; professional credentials like CFA, FRM, or CA are preferred.
What is the application fee for SBI Recruitment 2026?
Application fee of Rs. 750 for General, EWS, and OBC candidates; SC, ST, and PwBD candidates are exempted from application fees.
What is the last date to apply for SBI Recruitment 2026?
The last date to apply for SBI Recruitment 2026 is 23 November 2026.
What is the age limit for SBI Recruitment 2026 recruitment?
24 to 36 years for Manager; 30 to 40 years for Chief Manager as on 30 September 2026. Age relaxation of 5 years for SC/ST, 3 years for OBC, and up to 15 years for PwBD candidates.
What is the salary scale or pay matrix for SBI Recruitment 2026?
85,920 – 120,940 INR / month