State Bank of India (SBI) Recruitment 2026

State Bank of India (SBI) has announced a new job vacancy for the post of Business Analyst. 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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Location

Mumbai, Maharashtra

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Deadline

16th March

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Published

24th February 2026

📋Partner Notification

State Bank of India (SBI) Recruitment 2025-26 – Specialist Cadre Officer (Business Analyst) on Contract Basis

Advertisement No.: CRPD/SCO/2025-26/26
Recruitment of Specialist Cadre Officer on Contract Basis

State Bank of India (SBI), through its Central Recruitment & Promotion Department (CRPD), Corporate Centre, Mumbai, invites online applications from eligible Indian citizens for appointment to the post of Business Analyst under Specialist Cadre Officer category on Contract Basis.

Organization Name: State Bank of India (SBI)
Department: Central Recruitment & Promotion Department (CRPD)
Head Office: Corporate Centre, Mumbai
Email: crpd@sbi.co.in
Advertisement Number: CRPD/SCO/2025-26/26
Employment Type: Contract Basis (5 Years)

Important Dates

Online Registration Start Date	24.02.2026
Last Date for Online Registration & Fee Payment	16.03.2026
Age Cut-off Date	31.01.2026

Post Details, Vacancy & Job Location

Post Name	Total Vacancies	Category	PwBD (Backlog - VI)	Place of Posting	Nature of Recruitment
Business Analyst	01	Unreserved (UR)	01 (Horizontal)	Mumbai or anywhere in India (as per administrative requirement)	Contractual

Posting / Placement / Utilization of the selected candidate will be done at the sole discretion of the Bank.

City: Mumbai
State: Maharashtra
Country: India

Remuneration / Salary Details

Annual CTC (Upper Range)	₹25.00 Lakhs
Fixed Pay	85% of CTC
Variable Pay	15% of CTC (Performance Based)
Annual Increment	Up to 10% (from 2nd year onwards, based on performance)
Contract Period	5 Years

Annual CTC is negotiable and depends upon experience, current emoluments, and place of posting. Contract can be terminated by giving 3 months’ notice from either side or payment/surrender of 3 months’ compensation.

Variable Pay Structure Based on Performance:

Performance %	Variable Pay Eligibility
99–100%	100%
97–98.99%	90%
94–96.99%	80%
90–93.99%	70%
Below 90%	NIL

Eligibility Criteria

Educational Qualification (As on 31.01.2026)

Graduation in any discipline from Government recognized University/Institution
Minimum 60% Marks
MBA / PGDM (Marketing / Finance or both) or equivalent from AICTE/UGC approved institution

Experience

Minimum 1 year post-qualification experience (Mandatory)
Preferred: Experience in BFSI sector

Specific Skills Required

Scenario Analysis
Business Projections
Market Scanning
Competitor Strength & Weakness Analysis
SWOT Analysis
Excellent Analytical & Critical Thinking Skills
Proficiency in MS Office Suite
Communication & Presentation Skills

Age Limit & Relaxation

Minimum Age	21 Years
Maximum Age	27 Years

Age Relaxation (As per Government of India Guidelines)

Category	Age Relaxation (Years)
OBC (Non-Creamy Layer)	3
SC/ST	5
PwBD (UR/EWS)	10
PwBD (OBC)	13
PwBD (SC/ST)	15

Application Fee

General / EWS / OBC	₹750/- (Non-refundable)
SC / ST / PwBD	No Fee

Application Fee once paid will NOT be refunded under any circumstances nor adjusted for any future recruitment.

Selection Process

Shortlisting
Interview (100 Marks)

Qualifying marks will be decided by the Bank.
Merit List prepared based on Interview Marks only.
In case of tie, older candidate will be ranked higher.

How to Apply

Apply online through SBI official website only.
Upload required documents (Photo, Signature, Resume, Certificates, Experience Proof, etc.)
Pay fee online via Debit Card/Credit Card/Internet Banking/UPI.
Take printout of submitted application form.

No hard copy of application should be sent to SBI. No corrections allowed after final submission.

Official Website: https://sbi.bank.in

Careers Page: https://sbi.bank.in/web/careers/current-openings

Official Notification Link: Download Official Notification (PDF)