SBI Recruitment 2026: Apply Online for Latest Vacancies

About State Bank of India (SBI) Careers

🏛️ Organization Overview

The State Bank of India (SBI) is a Fortune 500 company and the bedrock of India's banking infrastructure. With a history spanning over two centuries, it operates through a vast network of over 22,000 branches and 62,000+ ATMs, serving millions of customers both in India and abroad. As a Maharatna-equivalent in the banking space, SBI is instrumental in implementing government financial schemes and driving the nation's economic growth.

A career at SBI is synonymous with prestige and rapid growth.⁵ Headquartered in Mumbai, the bank offers a dynamic work environment where employees are rotated across various departments such as Credit, Foreign Exchange, and Digital Banking.⁶ In 2026, SBI is placing a significant emphasis on "System Officers" and "Digital Specialists" to modernize its technological backbone, making it an ideal destination for both generalists and tech-savvy professionals.⁷

💼 Key Job Profiles

• Probationary Officer (PO): The entry-level managerial role where recruits undergo two years of probation, handling customer service, loan processing, and branch operations.⁸
• Junior Associate (Customer Support & Sales): Commonly known as the Clerk role, responsible for front-desk operations, cash handling, and promoting various financial products.⁹
• Specialist Officer (SO): Niche roles for experienced professionals in IT, Law, Finance, and Wealth Management (e.g., VP Wealth, Relationship Managers).
• System Officer: A specialized technical cadre focused on maintaining the bank's digital infrastructure and cybersecurity.¹⁰
• Circle Based Officer (CBO): Experienced bankers recruited for specific geographical circles to manage retail banking operations at a scale-I level.

💰 Salary & Employee Benefits

SBI offers the highest entry-level compensation among all public sector banks in India, following the latest Bipartite Settlements.

• SBI PO Salary: The initial basic pay is ₹48,480 (with 4 advance increments), leading to a gross monthly salary of approximately ₹94,581.¹¹
• SBI Clerk Salary: The starting basic pay is ₹26,730 (with 2 advance increments for graduates), with a monthly in-hand salary of roughly ₹42,000 - ₹43,000.¹²
• Perks: Leased accommodation (in lieu of HRA for officers), 100% Medical Insurance for self and 75% for family, and concessional interest rates on Home/Car loans.¹³
• Allowances: Dearness Allowance (DA - revised quarterly), City Compensatory Allowance (CCA), Learning Allowance, and Newspaper/Entertainment reimbursements.

🎯 Selection Process

The selection process for 2026 follows a highly competitive three-tier structure:¹⁴

1. Phase I: Preliminary Exam: Objective test (English, Quant, Reasoning) used as a screening filter.¹⁵
2. Phase II: Main Exam: Comprehensive test including a Descriptive Paper (Essay/Letter) for Officers.¹⁶
3. Phase III: Psychometric Test & Interview: A final round consisting of Group Exercises and a Personal Interview to assess leadership and cultural fit.¹⁷

How to Crack SBI Exams

• Master the "Banking Awareness" Section: SBI Mains exams are known for deep-dive questions on current financial news and RBI policies.¹⁸ Stay updated with the last 6 months of economic trends.
• Prioritize Speed with Accuracy: In the Prelims, the 20-minute sectional timer is your biggest enemy. Practice with "Sectional Mocks" to improve your attempts in the Reasoning and Quant sections.¹⁹
• Focus on Data Interpretation (DI): For the PO cadre, SBI often merges traditional "Math" into complex Data Interpretation sets. Be prepared for high-level Caselets and Radar Graphs.