SBI Bank Vacancy: Recruitment Announced for 821 Posts at SBI; Salary of ₹80,000 Offered..
Shikha Saxena May 18, 2026 03:15 PM

SBI Bank Vacancy: The State Bank of India (SBI) has announced a recruitment drive for the positions of Concurrent Auditors on a contract basis. Under this recruitment campaign, a total of 821 vacancies will be filled. Interested and eligible candidates can visit the official website to apply online by June 11, 2026. This appointment will be made for a minimum tenure of one year and a maximum of three years. However, selected officers will be eligible to serve in this position only until they attain the age of 65 years. The recruitment process will be conducted primarily based on eligibility criteria and relevant experience.

The online application process commenced on May 14, 2026. The deadline for submitting applications has been set for June 11, 2026. Candidates are advised to complete the application process before the stipulated deadline.

Who Can Apply?
Only retired officers of SBI are eligible to apply for this recruitment drive. Candidates must have retired from service at the age of 60 on the grounds of superannuation.

Applicants must have retired from the MMGS-III, SMGS-IV/V, or TEGS-VI scales. The maximum age limit for fresh appointments has been fixed at 63 years. However, selected candidates will be permitted to serve until they reach the age of 65.

SBI has stated that preference will be given to retired officers possessing prior experience in the fields of Credit, Audit, or Forex.

What is the Salary?
Selected candidates will receive a fixed monthly honorarium. This remuneration has been determined based on their respective retirement grades:
MMGS-III: ₹45,000 per month
SMGS-IV: ₹50,000 per month
SMGS-V: ₹65,000 per month
TEGS-VI: ₹80,000 per month
The Bank has clarified that this payment will be in addition to—and separate from—the officers' regular pension.

How to Apply?
Candidates can apply online by visiting the official website of SBI. Prior to applying, candidates are advised to carefully read the official recruitment notification to obtain complete information regarding eligibility, experience, and other terms and conditions.


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