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State Bank of IndiaEXPIRING SOONApplications are open

SBI Wealth 2026 - 207 Specialist Roles, with 79% of Hiring in VP/AVP Relationship Management

SBI's 207-seat Wealth Management drive is mostly relationship-management hiring: VP Wealth (91) and AVP Wealth (73) together make up 164 seats, or about 79.2% of the total. The academic bar is often only graduation, but the real filter is 3–15 years of role-specific wealth/sales/investment experience. Published CTCs run as high as ₹97 lakh, but include fixed pay, allowances and performance-linked components rather than representing guaranteed fixed salary. Registration has been officially extended to 5 October 2026.

CRPD/SCO/2026-27/23Posted 04 Sept 20262 days left
Total vacancies
207
Last date
05 Oct 2026
Application mode
Online
Job location
India
Organization profile

About the Recruiting Organization

Organization information attached to this recruitment record.

SB
Recruiting AuthorityRecruiting authority

State Bank of India

PsuPublic Sector BankCentralBanking Finance
Organization code
SBI
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About this Recruitment

Recruitment-specific overview from the published record.

The useful way to read SBI's 207-post Wealth notification is not '207 banking jobs'. It is a layered experienced-hire portfolio. Nearly four out of every five vacancies sit in the two client-facing Relationship Manager ladders: 91 VP Wealth and 73 AVP Wealth posts. The remaining 43 seats are spread across team leadership, regional/zonal leadership and investment specialist roles. That structure tells an applicant more than the headline number: this recruitment is primarily about building and supervising affluent/HNI client books, not filling general banking desks.

The eligibility pattern is equally important. For VP/AVP, Regional Head, Team Lead and Zonal Head, a graduate degree can be enough academically, but it is not enough professionally. SBI progressively raises the experience bar from roughly three years for AVP Wealth to six for VP Wealth, eight for RM-Team Lead, twelve for Regional Head and fifteen for Zonal Head. Investment Specialist and Investment Officer form a different track, asking for specified finance/investment postgraduate education or CA/CFA alternatives plus domain experience. In practice, the advert separates relationship-management careers from investment-product careers even though both sit under the same Wealth umbrella.

The reservation arithmetic has also been independently reconciled from SBI's post table: SC 39 + ST 28 + OBC(NCL) 67 + EWS 11 + UR 62 = 207. Several reserved totals contain backlog seats, so treating every number as a fresh current-year vacancy would be misleading. The VP Wealth role alone contains 91 seats; its official age band is 26–42 years, while AVP Wealth is 23–35. These role-specific ranges matter because collapsing all Wealth posts into one age range produces wrong eligibility advice.

Compensation needs similar context. SBI publishes negotiable CTC ceilings from about ₹27.1 lakh for Investment Officer to ₹97 lakh for Zonal Head. Those numbers mix fixed pay, allowances and performance-linked pay. For example, Zonal Head shows about ₹66 lakh fixed pay before the performance component, while VP Wealth shows about ₹30 lakh fixed within a ₹44.7 lakh headline CTC. A candidate comparing offers should therefore compare fixed cash, variable-pay rules and posting—not just the largest CTC number.

Location choice is not a permanent-location promise. For five of the wealth roles SBI asks candidates to give three different circle preferences and does not allow the same circle to be repeated. The bank also retains transferability. Zonal/Regional leadership roles have indicated geographies, but operational need can still govern placement.

Selection is profile-driven: SBI shortlists first, then uses personal/video interview and CTC negotiation. There is no mass written-test merit ladder in this advertisement. That makes the quality and relevance of the candidate's actual wealth book, team scale, sales leadership, investment-product exposure and interview evidence more important than simply meeting the minimum degree condition. The application deadline was officially extended to 5 October 2026, so older pages showing 25 September are stale.

Full TimeContractOnsiteBanking Finance
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Post-wise Vacancies

Open a post to view qualification, experience, age, salary, location, responsibilities and post-specific instructions.

1 vacancies

Zonal Head (Retail)

Qualification: The degree is only the entry ticket. SBI is looking for a senior wealth-sales leader: a graduate with roughly 15 years in sales management across wealth/retail banking/asset management, including about 5 years leading a large RM/Team-Lead setup. An MBA or professional wealth certification strengthens the profile but does not replace the leadership history.
Age: 35–50 years
Pay: Up to ₹97,00,000 / year
OBC: 1
Educational qualification

The degree is only the entry ticket. SBI is looking for a senior wealth-sales leader: a graduate with roughly 15 years in sales management across wealth/retail banking/asset management, including about 5 years leading a large RM/Team-Lead setup. An MBA or professional wealth certification strengthens the profile but does not replace the leadership history.

Experience

Details: About 15 years in relevant sales management, including around 5 years leading a large Relationship Manager/Team Lead structure. · Required: Yes · Minimum Years: 15

Age relaxation

Description: This lone vacancy is OBC(NCL); the candidate must satisfy the applicable OBC-NCL certificate/eligibility conditions in the advertisement.

Job location
India
Skills
Wealth sales leadershipLarge-team leadershipRelationship-management strategyAffluent/HNI business growth
Post description

This is a one-seat senior leadership search, not a broad banking vacancy. The OBC-only seat, 15-year experience bar and large-team leadership requirement make prior wealth/retail sales leadership far more decisive than the generic graduation condition.

Duties

Lead a large wealth-management sales structure, drive business growth, monitor relationship teams and execute SBI's affluent/HNI strategy across the assigned zone.

Post-specific instructions
  • Do not read ₹97 lakh as fixed salary: SBI's published package combines fixed pay, allowances and performance-linked pay.
  • Suggested Kolkata/East Zone placement does not remove SBI's transferability clause.
Reservation note

OBC(NCL)-01. There is no UR seat for this post.

5 vacancies

Regional Head

Qualification: Graduate applicants need around 12 years of relevant relationship-management/wealth experience, with roughly five years in a substantial team-leadership role. The job is aimed at established wealth leaders rather than general branch bankers.
Age: 35–50 years
Pay: Up to ₹66,40,000 / year
SC: 1ST: 1UR: 2OBC: 1
Educational qualification

Graduate applicants need around 12 years of relevant relationship-management/wealth experience, with roughly five years in a substantial team-leadership role. The job is aimed at established wealth leaders rather than general branch bankers.

Experience

Details: Around 12 years in relationship management/wealth or comparable business, including about 5 years leading a large team or functioning as Team Lead. · Required: Yes · Minimum Years: 12

Age relaxation

Description: Reservation includes SC-1, ST-1, OBC(NCL)-1 and UR-2; one OBC seat is identified as backlog in SBI's vacancy table.

Job location
India
Skills
Regional wealth leadershipRelationship-management supervisionSales governanceTeam performance management
Post description

Five senior regional leadership seats; the real comparison point is leadership depth, not merely possession of a graduate degree.

Duties

Own regional wealth business performance and supervise relationship-management teams across the allotted geography.

Post-specific instructions
  • Location shown by SBI is suggestive; appointment remains transferable under bank requirements.
Reservation note

SC-01, ST-01, OBC(NCL)-01 and UR-02 = 5; SBI identifies backlog within the OBC component.

24 vacancies

Relationship Manager - Team Lead

Qualification: Graduation is mandatory, but the commercially meaningful filter is about eight years of relationship-management experience, preferably in wealth management. Prior team-lead exposure is desirable because the role sits above individual RM execution.
Age: 28–42 years
Pay: Up to ₹51,80,000 / year
SC: 3ST: 1UR: 13EWS: 2OBC: 5
Educational qualification

Graduation is mandatory, but the commercially meaningful filter is about eight years of relationship-management experience, preferably in wealth management. Prior team-lead exposure is desirable because the role sits above individual RM execution.

Experience

Details: Around 8 years of relevant relationship-management experience, preferably in wealth management; team-leading exposure is advantageous. · Required: Yes · Minimum Years: 8

Age relaxation

Description: Category-wise vacancies are SC-3, ST-1, OBC(NCL)-5, EWS-2 and UR-13; SBI's table includes backlog within the OBC total.

Job location
India
Skills
Wealth relationship managementTeam leadershipHNI client managementRevenue growth
Post description

At 24 seats, this is meaningful hiring but still selective: applicants need an established RM track record, and SBI requires three different circle preferences rather than allowing one location to be repeated.

Duties

Lead and coach Relationship Managers, grow assigned wealth books and maintain HNI client-service and business standards.

Post-specific instructions
  • Enter three different circle preferences; repeating the same circle is not permitted.
  • Circle preference cannot be casually treated as a permanent posting guarantee.
Reservation note

SC-03, ST-01, OBC(NCL)-05, EWS-02, UR-13 = 24.

9 vacancies

Investment Specialist

Qualification: This is an investment-product role, not a generic graduate wealth post. SBI accepts specified finance/business postgraduate routes or CA/CFA, backed by about six years of relevant investment-advisory/product experience.
Age: 28–42 years
Pay: Up to ₹44,50,000 / year
SC: 3ST: 1UR: 3OBC: 2
Educational qualification

This is an investment-product role, not a generic graduate wealth post. SBI accepts specified finance/business postgraduate routes or CA/CFA, backed by about six years of relevant investment-advisory/product experience.

Experience

Details: Around 6 years of relevant experience in investment advisory, investment products or closely related wealth/investment work. · Required: Yes · Minimum Years: 6

Age relaxation

Description: Reservation includes SC-3, ST-1, OBC(NCL)-2 and UR-3; SBI's vacancy table contains backlog components within some reserved totals.

Job location
India
Skills
Investment advisoryPortfolio/product analysisCapital-markets knowledgeWealth product strategy
Post description

Only nine seats, and the qualification is specialised: finance/investment education or CA/CFA plus six years of domain experience.

Duties

Support wealth teams with investment views, product selection, advisory inputs and client-facing investment solutions.

Post-specific instructions
  • Three different circle preferences must be given where the application asks for circle choice.
Reservation note

SC-03, ST-01, OBC(NCL)-02, UR-03 = 9.

4 vacancies

Investment Officer

Qualification: SBI is looking for a finance/investment specialist with a specified postgraduate or CA/CFA background and roughly four years of relevant investment-product/advisory experience. This is not an entry-level investment role.
Age: 28–40 years
Pay: Up to ₹27,10,000 / year
ST: 1UR: 2OBC: 1
Educational qualification

SBI is looking for a finance/investment specialist with a specified postgraduate or CA/CFA background and roughly four years of relevant investment-product/advisory experience. This is not an entry-level investment role.

Experience

Details: Around 4 years in relevant investment advisory/product or allied wealth-investment work. · Required: Yes · Minimum Years: 4

Age relaxation

Description: ST-1, OBC(NCL)-1 and UR-2; SBI identifies the ST seat as backlog in the vacancy table.

Job location
India
Skills
Investment productsClient investment supportPortfolio analyticsCapital-markets awareness
Post description

Four specialist seats with a four-year experience threshold; the role sits between pure RM work and deeper investment-specialist responsibilities.

Duties

Provide investment-product and advisory support to wealth teams and clients within SBI's wealth-management framework.

Post-specific instructions
  • Provide three distinct circle preferences where required by the application.
Reservation note

ST-01, OBC(NCL)-01, UR-02 = 4.

91 vacancies

VP Wealth (Senior Relationship Manager)

Qualification: Graduation is mandatory, but the six-year sales/marketing track record—preferably as a wealth Relationship Manager—is the more important screen. This role is for experienced client-book owners, not fresh graduates.
Age: 26–42 years
Pay: Up to ₹44,70,000 / year
SC: 18ST: 19UR: 13EWS: 2OBC: 39
Educational qualification

Graduation is mandatory, but the six-year sales/marketing track record—preferably as a wealth Relationship Manager—is the more important screen. This role is for experienced client-book owners, not fresh graduates.

Experience

Details: Around 6 years in sales and marketing, preferably with meaningful Relationship Manager / wealth-management exposure. · Required: Yes · Minimum Years: 6

Age relaxation

Description: SC-18, ST-19, OBC(NCL)-39, EWS-2 and UR-13. SBI's table includes substantial backlog vacancies within reserved totals.

Job location
India
Skills
HNI relationship managementWealth salesClient acquisitionPortfolio deepeningRevenue ownership
Post description

This is the largest single role in the advert: 91 of 207 vacancies, or about 44.0%. Its scale makes the notice look broad, but the six-year experience requirement still keeps it firmly in the experienced-hire category.

Duties

Build and manage affluent/HNI relationships, grow wallet share and execute SBI Wealth's client-acquisition and portfolio-deepening goals.

Post-specific instructions
  • Three distinct circle preferences are required; do not assume preferred circle equals guaranteed final posting.
Reservation note

SC-18, ST-19, OBC(NCL)-39, EWS-02, UR-13 = 91.

73 vacancies

AVP Wealth (Relationship Manager)

Qualification: Graduation plus about three years of sales/marketing experience is the standard route. SBI also recognises the specified internal SBI Wealth CRE experience route. This is the most accessible wealth role in the notice by experience threshold, but it is still not a fresher vacancy.
Age: 23–35 years
Pay: Up to ₹30,20,000 / year
SC: 14ST: 5UR: 29EWS: 7OBC: 18
Educational qualification

Graduation plus about three years of sales/marketing experience is the standard route. SBI also recognises the specified internal SBI Wealth CRE experience route. This is the most accessible wealth role in the notice by experience threshold, but it is still not a fresher vacancy.

Experience

Details: Around 3 years in sales and marketing; the advertisement also provides a specified SBI Wealth CRE experience route. Prior RM experience is preferred. · Required: Yes · Minimum Years: 3

Age relaxation

Description: SC-14, ST-5, OBC(NCL)-18, EWS-7 and UR-29; backlog components are embedded in SBI's reserved totals.

Job location
India
Skills
Relationship managementAffluent-client acquisitionWealth salesCross-sellingClient servicing
Post description

With 73 seats (35.3% of the advert), AVP Wealth is the second-largest hiring block. Together, VP Wealth and AVP Wealth account for 164 of 207 posts—about 79.2%—so the recruitment is predominantly relationship-management hiring.

Duties

Acquire and manage wealth clients, deepen relationships and deliver SBI Wealth products and service standards.

Post-specific instructions
  • Three different circle preferences are required in the application where applicable.
Reservation note

SC-14, ST-05, OBC(NCL)-18, EWS-07, UR-29 = 73.

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Eligibility & Qualification

Recruitment-level qualifications and eligibility rules. Post-specific conditions are also shown inside each vacancy card.

Education varies by career track

Most relationship/leadership roles require graduation; Investment Specialist/Officer require specified finance/investment postgraduate study or accepted CA/CFA alternatives.

Experience is the real eligibility ladder

Role-specific experience rises from about 3 years for AVP Wealth to 15 years for Zonal Head, with leadership depth required at senior levels.

Min: 3 years (lowest role-specific threshold)Max: 15 years (Zonal Head requirement)Mandatory

Three distinct circle preferences

For the applicable Wealth posts, candidates must indicate three different circle preferences; repeating one circle is not allowed.

Min: 3 different circle preferencesMandatory
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Age Limit & Relaxation

Recruitment-level age criteria. Post-specific age conditions remain visible inside each vacancy card.

Minimum age
23
Maximum age
50
Reference date
04 Sept 2026
Age relaxation: This 23–50 span is only the overall envelope across seven posts, not one common age rule. Applicants must use the specific post age band recorded against each vacancy.
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Application Fee

Category-wise application fee information.

Applicant category
General / OBC / EWS
₹750
ApplicationNon-refundable

₹750 application fee/intimation charge. Treat payment as a final submission step: the amount is non-refundable once paid.

Applicant category
SC / ST / PwBD
Exempted
ApplicationNon-refundable

No application fee/intimation charge is payable by eligible SC/ST/PwBD applicants.

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Salary & Pay Scale

Post-wise salary, stipend or pay-matrix information.

Zonal Head (Retail)
Up to ₹97,00,000 / year
Negotiable annual CTC up to ₹97 lakh

Negotiable annual CTC ceiling: ₹97 lakh. Fixed-pay component shown by SBI: about ₹66 lakh. Listed annual allowances: about ₹1.1 lakh. Performance-linked pay can range from 0% to 45% under the stated structure. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

Regional Head
Up to ₹66,40,000 / year
Negotiable annual CTC up to ₹66.4 lakh

Negotiable annual CTC ceiling: ₹66.4 lakh. Fixed-pay component shown by SBI: about ₹45 lakh. Listed annual allowances: about ₹1.1 lakh. Performance-linked pay can range from 0% to 45%. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

Relationship Manager - Team Lead
Up to ₹51,80,000 / year
Negotiable annual CTC up to ₹51.8 lakh

Negotiable annual CTC ceiling: ₹51.8 lakh. Fixed-pay component shown by SBI: about ₹35 lakh. Listed annual allowances: about ₹1.04 lakh. Performance-linked pay can range from 0% to 45%. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

Investment Specialist
Up to ₹44,50,000 / year
Negotiable annual CTC up to ₹44.5 lakh

Negotiable annual CTC ceiling: ₹44.5 lakh. Fixed-pay component shown by SBI: about ₹30 lakh. Listed annual allowances: about ₹0.92 lakh. Performance-linked pay can range from 0% to 45%. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

Investment Officer
Up to ₹27,10,000 / year
Negotiable annual CTC up to ₹27.1 lakh

Negotiable annual CTC ceiling: ₹27.1 lakh. Fixed-pay component shown by SBI: about ₹18 lakh. Listed annual allowances: about ₹0.92 lakh. Performance-linked pay can range from 0% to 45%. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

VP Wealth (Senior Relationship Manager)
Up to ₹44,70,000 / year
Negotiable annual CTC up to ₹44.7 lakh

Negotiable annual CTC ceiling: ₹44.7 lakh. Fixed-pay component shown by SBI: about ₹30 lakh. Listed annual allowances: about ₹1.16 lakh. Performance-linked pay can range from 0% to 45%. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

AVP Wealth (Relationship Manager)
Up to ₹30,20,000 / year
Negotiable annual CTC up to ₹30.2 lakh

Negotiable annual CTC ceiling: ₹30.2 lakh. Fixed-pay component shown by SBI: about ₹20 lakh. Listed annual allowances: about ₹1.16 lakh. Performance-linked pay can range from 0% to 45%. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

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Selection Process

Selection stages in the order configured for this recruitment.

1

Profile Shortlisting

SBI screens applications against role-specific education, relevant experience, leadership/domain depth and other stated criteria; merely meeting minimums does not guarantee interview.

2

Personal / Video Interview

Shortlisted candidates are assessed through one or more personal/video interviews; final merit is interview-led rather than written-test-led.

3

CTC Negotiation

Compensation is negotiated within the post ceiling based on current emoluments, experience, suitability and SBI's stated framework.

4

Document / Background Verification

Appointment remains subject to supporting-document, experience, category and other prescribed verification.

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Important Dates

Application and recruitment milestones published with this job.

Notification
Original Online Registration Start
04 Sept 2026

Original application window opened on 4 September 2026.

Application End
Extended Online Registration Deadline
05 Oct 2026

SBI officially extended the registration deadline to 5 October 2026; this supersedes the earlier 25 September date.

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Official Links & Resources

Application links, notification documents and verified sources in one place.

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