The State Bank of India (SBI) has announced a recruitment drive for the position of Concurrent Auditor on a contractual basis. According to the SBI Recruitment 2025 official notification, there are 1,194 vacancies available. Selected candidates will be posted under the Chief Audit Officer (CAO) of the applied circle in the IAD, CC, Hyderabad Department. The selection process includes shortlisting and an interview.
Interested candidates who meet the eligibility criteria can apply online through the official SBI website before the last date. The online application process has already started, so applicants are encouraged to apply as soon as possible.
Post Name and Vacancies for SBI Recruitment 2025
The State Bank of India is hiring candidates for the Concurrent Auditor post on a contractual basis. As per the official notification, there are 1,194 vacancies available for this position.
Tenure for SBI Recruitment 2025
Selected candidates will be appointed for a minimum tenure of 1 year and a maximum tenure of 3 years. However, the contract will end earlier if the candidate reaches 65 years of age, whichever comes first.
During the contract period:
- Retired officers cannot take up any other assignments in other organizations.
- The Bank reserves the right to terminate the contract if the candidate’s performance is unsatisfactory.
Age Limit for SBI Recruitment 2025
As per the official notification, the candidate must have retired from SBI service after reaching superannuation (60 years old). Candidates who voluntarily retired, resigned, or were suspended are not eligible to apply.
However, officers who have completed 58 years of age and have 30 years of service (pensionable service) will be eligible for engagement after reaching 60 years of age.
Experience Required for SBI Recruitment 2025
Candidates applying for the Concurrent Auditor position should have prior experience in Credit, Audit, or Forex-related roles.
Place of Posting for SBI Recruitment 2025
Selected candidates will be posted under the Chief Audit Officer (CAO) of the applied circle in the IAD, CC, Hyderabad Department.
Selection Process for SBI Recruitment 2025
1. Shortlisting Process:
- Meeting the minimum eligibility criteria does not guarantee an interview call.
- The Shortlisting Committee will determine the parameters for selection.
- The Bank’s decision is final, and no correspondence regarding shortlisting will be entertained.
2. Interview Process:
- The interview carries 100 marks.
- The Bank will decide the qualifying marks required for selection.
3. Merit List Preparation:
- The merit list will be prepared in descending order of interview scores.
- In case of a tie, candidates will be ranked based on their age (older candidates will be ranked higher).
4. Final Selection Process:
- Shortlisted candidates will appear for an interview with the selection committee.
- No TA/DA (Travel Allowance/Dearness Allowance) will be provided for the interview process.
- Selected candidates must submit an undertaking letter and Service Level Agreement (SLA) before joining.
Salary for SBI Recruitment 2025
As per the official notification, selected candidates will receive monthly remuneration up to ₹80,000.
| Retired Grade | Maximum Monthly Compensation (Fixed) |
|---|---|
| MMGS-III | ₹45,000 |
| SMGS-IV | ₹50,000 |
| SMGS-V | ₹65,000 |
| TEGS-VI | ₹80,000 |
For Cluster Audit (2 or more branches with weekly audits), the compensation is:
- ₹2,000 per visit/per branch for Currency Chest Verification, Forex Transactions, and FSLOs audits.
Additional Information:
- Retired personnel will receive a unique ID in HRMS.
- No additional benefits such as housing, furniture, Provident Fund, gratuity, or pension fund will be provided.
- Income tax will be deducted at source as per the applicable rules.
Important Dates for SBI Recruitment 2025
| Event | Date |
|---|---|
| Starting Date for Online Applications | 18 February 2025 |
| Last Date to Apply Online | 15 March 2025 |
How to Apply for SBI Recruitment 2025
Interested candidates who meet the eligibility criteria should apply online by visiting the official SBI website before 15 March 2025.
Steps to Apply:
- Visit the official website of SBI.
- Navigate to the “Careers” section.
- Click on the “SBI Recruitment 2025” notification.
- Fill out the online application form with the required details.
- Upload necessary documents as per the guidelines.
- Submit the application form before the deadline.
The State Bank of India Recruitment 2025 presents an excellent opportunity for retired officers to work as Concurrent Auditors. With 1,194 vacancies, a salary of up to ₹80,000, and a straightforward selection process, this is a great opportunity for eligible candidates. Interested applicants should apply before 15 March 2025 through the official SBI website. Since the recruitment process is highly competitive, candidates should apply at the earliest to avoid missing out.
FAQs
What is the post available in SBI Recruitment 2025?
The State Bank of India is recruiting for the Concurrent Auditor post.
How many vacancies are available?
There are 1,194 vacancies available for the Concurrent Auditor position.
What is the last date to apply?
The last date to apply online is 15 March 2025.