Sbi Recruitment of Retired Bank Officers on Contract Basis 2026

JOBAdded: 26 Feb 2026State Bank of India

State Bank of India (SBI) invites online applications from Indian citizens for the engagement of retired officers of SBI for the post of Support Officer on a contract basis. The online registration of the application will be open from 26.02.2026 to 18.03.2026.

Vacancy Details

  • Position: Support Officer (On Contract Basis)
  • Department: Cash Management Product Operations Centre (CMPOC), Hyderabad
  • Place of Posting: Hyderabad
  • Advertisement No: CRPD/RS/2025-26/28

Vacancy Distribution:

Category Regular Backlog Total
SC 1 0 1
ST 1 0 1
OBC 2 1 3
EWS 1 0 1
UR 3 0 3
Total 8 1 9

Note: 1 vacancy is reserved for PwBD (VI) on a horizontal basis.

Eligibility Criteria (as on 26.02.2026)

  • Educational Qualification: No specific educational qualification is required as applicants are retired officers of SBI.
  • Experience: Preference will be given to Ex-officers who have earlier worked in CMPOC, have adequate knowledge of its operation, and a good track record.
  • Retirement Condition: The officer must have retired from the Bank's service on attaining superannuation at the age of 60 years. Officers who voluntarily retired, resigned, or were suspended are not eligible.
  • Age Limit: The maximum age for fresh engagement is 63 years as of the date of advertisement (26.02.2026). The engagement can continue up to a maximum age of 65 years.
  • Other Criteria:
    • Applicants should have an unblemished service record and have retired as MMGS-II / MMGS-III or SMGS-IV.
    • The integrity of the officer should not have been doubtful.
    • No punishment/penalty (Censure or higher) should have been inflicted in the five years preceding retirement.
    • No cases from CBI or other law enforcement agencies should be pending against the officer.
    • The retired officer should maintain good health.

Remuneration

Grade of the Retired Officers Monthly Remuneration (Fixed)
MMGS-II Rs. 45,000/-
MMGS-III Rs. 45,000/-
SMGS-IV Rs. 50,000/-

The compensation is on a lump-sum basis and does not include other benefits like PF, bonus, pension, gratuity, etc. Income tax will be deducted at source.

Selection Process

The selection process will be based on shortlisting and interaction (interview).

  • Shortlisting: The Shortlisting Committee will decide the parameters, and a number of candidates will be called for interaction.
  • Interaction: The interview will carry 100 marks. Qualifying marks will be decided by the Bank.
  • Merit List: A merit list will be prepared in descending order of the scores obtained in the interview.

Period of Engagement

The contract will be for a minimum period of 1 year, extendable up to a maximum of 3 years or until the retired officer attains the age of 65, whichever is earlier, subject to a quarterly review of performance.

How to Apply

  1. Candidates must register themselves online through the link available on the SBI careers website: https://sbi.bank.in/web/careers/current-openings.
  2. Online registration is from 26.02.2026 to 18.03.2026.
  3. Candidates must upload all required documents such as ID proof, age proof, experience details, etc.
  4. A valid email ID should be kept active for communication regarding call letters/interview advice.
  5. No hard copy of the application is required to be sent to the office.

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