State Bank of India (SBI) Recruitment 2025
State Bank of India (SBI) has announced a new job vacancy for the post of Manager, Deputy Manager. This is an excellent career opportunity for job seekers. Check the eligibility, salary details, and vacancy information. Don’t miss this chance—apply now for the latest recruitment!

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Organization Details
- Organization Name (English): State Bank of India (SBI)
- Organization Name (Hindi): भारतीय स्टेट बैंक
- Department: Central Recruitment & Promotion Department, Corporate Centre, Mumbai
- Email: crpd@sbi.co.in
Advertisement Overview
- Advertisement Number: CRPD/SCO/2025-26/16
- Title: Recruitment of Specialist Cadre Officers on Regular Basis
- Mode of Application: Online Only
Designations
- 1. Manager (Risk Specialist – Model Risk Management)
Hindi: प्रबंधक (जोखिम विशेषज्ञ – मॉडल जोखिम प्रबंधन) - 2. Deputy Manager (Risk Specialist – Model Risk Management)
Hindi: उप प्रबंधक (जोखिम विशेषज्ञ – मॉडल जोखिम प्रबंधन)
Job Location and Salary
- City: Mumbai (Suggested Place of Posting)
- State: Maharashtra
- Country: India
- Street Address: State Bank Bhavan, Madame Cama Road, Nariman Point, Mumbai
- Postal Code: 400021 (approx. Corporate Centre)
- Transfer Policy: Posting anywhere in India at the discretion of the Bank
| Post | Grade | Basic Pay | Remarks |
|---|---|---|---|
| Manager | MMGS-III | ₹85,920–2,680/5–99,320–2,980/2–1,05,280 | Eligible for DA, HRA, CCA, PF, NPS, LFC, Medical Facility, Leave as per rules |
| Deputy Manager | MMGS-II | ₹64,820–2,340/1–67,160–2,680/10–93,960 | Same allowances as per Bank's structure |
Important Dates
- Online Registration Starts: 11 November 2025
- Last Date for Registration and Fee Payment: 1 December 2025
Eligibility Criteria
Educational Qualification (as on 01.11.2025)
Mandatory: Bachelor's degree in Finance / Mathematics / Statistics OR B.E./B.Tech in Data Science / IT / Computer Science / Software Engineering from a recognized institution.
Preferred: MBA / PGDM / PGDBM / PGDBA in Finance OR Postgraduate Degree in Statistics / Mathematics / Economics / Econometrics.
Preferred Certifications
- FRM by GARP
- PRM by PRIMA
- CFA
- CQF
- Certifications in ML / AI / NLP / Web Crawling / Neural Networks
Work Experience
| Post | Experience Required |
|---|---|
| Manager | Minimum 5 years in risk analytics / valuation / model validation / derivatives with at least 3 years in R/Python or similar. |
| Deputy Manager | Minimum 3 years in related field with at least 2 years in R/Python or similar. |
Age Limit (as on 01.11.2025)
| Post | Minimum Age | Maximum Age |
|---|---|---|
| Manager | 28 years | 40 years |
| Deputy Manager | 25 years | 35 years |
Age Relaxation: OBC (3 yrs), SC/ST (5 yrs), PwBD (UR/EWS 10 yrs, OBC 13 yrs, SC/ST 15 yrs).
Reservation Details
Total Vacancies: 10 (including 2 PwBD horizontal reservations)
- Manager – 5 Posts (1 OBC, 4 UR)
- Deputy Manager – 5 Posts (1 OBC, 4 UR)
Reservation and relaxation are as per Government of India rules.
Application Fees
- General / EWS / OBC: ₹750 (Non-refundable)
- SC / ST / PwBD: No Fees
- Mode of Payment: Online via Debit/Credit Card, Internet Banking, or UPI.
Selection Process
- Shortlisting: Based on eligibility and parameters decided by the Bank.
- Interview: 100 marks; qualifying marks to be decided by SBI.
- Merit List: Based solely on interview marks. In case of tie, higher age gets preference.
Application Process
- Register online at the SBI Career Portal.
- Upload required documents (photo, signature, resume, certificates, etc.).
- Pay the application fee (if applicable) and submit the form before the last date.
- Take printouts of the form and fee receipt for record.
Helpline & Contact
For queries, use “Contact Us / Post Your Query” link available on the SBI Career portal or email at crpd@sbi.co.in.
Additional Important Information
- Candidates with adverse CIBIL reports or loan defaults are not eligible.
- Posting can be anywhere in India at the Bank’s discretion.
- Multiple applications will be rejected; only the last valid one will be retained.
- All disputes fall under Mumbai jurisdiction.
Official Links
- Official Website: https://sbi.bank.in/web/careers/current-openings
- Official Notification (PDF): Download Detailed Notification
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