State Bank of India (SBI) Recruitment 2025

Organization Name

• English: State Bank of India (SBI)
• Hindi: भारतीय स्टेट बैंक

Designations

1. Relationship Manager (Mutual Fund) – रिलेशनशिप मैनेजर (म्यूचुअल फंड)
2. Relationship Manager (Insurance Sector) – रिलेशनशिप मैनेजर (बीमा क्षेत्र)
3. Relationship Manager (Stock Brokering & FII/FPI) – रिलेशनशिप मैनेजर (स्टॉक ब्रोकिंग और एफआईआई/एफपीआई)

Location and Employment Details

Important Dates

Application Process

• Candidates must apply online only through the official website.
• No other mode of application will be accepted.
• Application is complete only after successful payment of the application fee.
• Applicants must have a valid email ID and mobile number for communication throughout the recruitment process.
• Required documents to be uploaded include photograph, signature, biodata/resume, ID proof, date of birth proof, educational and experience certificates, and applicable caste/EWS/PwBD certificates.

Eligibility Criteria

Educational Qualifications (as on 01.11.2025)

• Mandatory: MBA / MS / PGDBM / PGDBA in Finance (from a recognized University/Institution approved by Govt. of India or relevant regulatory body).
• Preferred Certifications:
  • For Mutual Fund: NISM Series VA / Mutual Fund Distributors Certification / EUIN / KYD / CPE
  • For Insurance Sector: IRDAI / CIC / CIP / AIM / CIP
  • For Stock Brokering & FII/FPI: NISM / CAMS / CFA / NCFM / CCP

Experience (as on 01.11.2025)

• Minimum 12 years in BFSI (Banking, Financial Services, and Insurance).
• At least 5 years of relevant experience in the specific domain (Mutual Fund / Insurance / Stock Broking & FII/FPI).
• Experience must be supported by valid certificates indicating nature of duties, duration, and responsibilities.

Specific Skills

• Strong domain knowledge in the respective area.
• Expertise in client acquisition, compliance with RBI/SEBI/IRDAI/FEMA regulations.
• Leadership and team management abilities.
• Knowledge of IT/ITeS, digital banking systems, fintech integration, and process optimization is desirable.

Age Limit (as on 01.11.2025)

Age relaxation will be applicable as per Government of India guidelines. Cumulative relaxation is not permitted.

Reservation Details

Reservation for PwBD is horizontal and included in overall vacancies. All reservations and relaxations are as per Government of India rules.

Application Fees

• Payment mode: Online through Debit Card, Credit Card, Internet Banking, or UPI.
• Transaction charges, if any, will be borne by the candidate.
• Application fee once paid will not be refunded or adjusted for any future exam or recruitment.

Selection Process

• Shortlisting: Based on qualification, experience, and suitability decided by the shortlisting committee.
• Interview: 100 marks; qualifying marks will be decided by the Bank.
• Merit List: Prepared based on interview marks only. In case of a tie, older candidates will rank higher.

Other Important Information

• Contract Period: 5 years (3 years + 2 years extension based on performance).
• Termination: By either side with 3 months’ notice or 3 months’ compensation in lieu.
• Annual Increment: Up to 10% based on performance.
• CIBIL defaults or adverse credit history will render the candidate ineligible.
• Travelling reimbursement for interviews up to ₹15,000 (Economy class airfare both ways) or actual, whichever is lower.
• All communication including call letters will be sent via email only.
• Legal jurisdiction for disputes: Courts at Mumbai only.
• Bank reserves the right to modify/cancel the recruitment process at any stage without notice.
• All results, corrigenda, and updates will be available only on the SBI website.

Helpline and Contact Information

• Email: crpd@sbi.co.in
• Online Query Portal: https://sbi.bank.in/web/careers/post-your-query
• Address: Central Recruitment & Promotion Department, Corporate Centre, State Bank of India, Mumbai, Maharashtra, India

Official Links

• Official Website: https://sbi.bank.in/web/careers
• Official Notification Link: Download SBI Specialist Cadre Officers Detailed Notification (PDF)