The State Bank of India (SBI), one of India’s leading financial institutions, has unveiled a recruitment drive to fill 1,194 positions for Concurrent Auditors on a contractual basis. This initiative specifically targets retired officers from SBI and its erstwhile Associate Banks (e-ABs), offering them an opportunity to continue leveraging their expertise in a professional capacity.
Recruitment Overview
| Post Name | Concurrent Auditor |
|---|---|
| Total Vacancies | 1,194 |
| Employment Type | Contractual |
Key Dates for Application
| Event | Date |
| Application Start | February 18, 2025 |
| Application Deadline | March 15, 2025 |
Applicants are encouraged to complete their submissions within this timeframe to ensure their applications are considered.
Application Fee
SBI has not specified any application fee for this recruitment. However, applicants should regularly check the official SBI recruitment portal for any updates.
Selection Process
The recruitment process consists of two primary stages:
- Shortlisting: A committee will review applications to confirm that candidates meet the required eligibility criteria. Selection will be based on qualifications and experience.
- Interview: Shortlisted candidates will proceed to an interview round, which carries a weightage of 100 marks. The bank will determine the minimum qualifying score. In case of a tie, preference will be given to the older candidate.
No Written Examination: The selection is based entirely on the interview process.
Eligibility Criteria
| Criteria | Requirements |
| Retirement Status | Retired from SBI or its e-ABs upon superannuation (60 years). |
| Maximum Age | 63 years as of February 18, 2025. |
| Experience | Preference for candidates with experience in Credit, Audit, or Forex. |
| Disciplinary Record | No penalties or disciplinary actions in the last five years of service. |
| Health Condition | Must be physically fit and free from major illnesses. |
Vacancy Distribution by Circle
| SBI Circle | Vacancies |
| Ahmedabad | 124 |
| Bangalore | 49 |
| Chennai | 88 |
| Delhi | 68 |
| Hyderabad | 79 |
| Mumbai Metro | 16 |
| Patna | 50 |
For a detailed breakdown of vacancies across all SBI circles, applicants should refer to the official notification.
How to Apply
Follow these steps to successfully apply:
- Visit the Official Website: Navigate to the SBI Careers portal.
- Register: Provide a valid email ID and mobile number for registration.
- Complete the Application Form: Fill out the form accurately with personal and professional details.
- Upload Documents: Attach scanned copies of necessary documents, such as ID proof, experience certificates, and photographs.
- Final Submission: Review the application thoroughly before submitting it before the deadline.
Frequently Asked Questions (FAQs)
1. What is the duration of the contract for the Concurrent Auditor role?
- The initial engagement is for one year, with a maximum tenure of three years or until the candidate reaches 65 years of age, whichever comes first.
2. Can the contract be extended beyond the initial term?
- Yes, extensions are possible at the bank’s discretion, based on performance, up to a maximum age limit of 65 years.
3. Is there any training provided before appointment?
- SBI may conduct an orientation program or brief training for selected candidates to familiarize them with their role.
4. Will retired officers receive any additional benefits apart from the salary?
- The bank may offer travel allowances or other perks based on the contract terms. However, detailed benefits will be mentioned in the final offer letter.