Applications are invited from eligible Indian Citizens for appointment as Probationary Officers (POs) in State Bank of India. The selected candidates may be posted anywhere in India.
State Bank of India is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world’s biggest corporations of 2020, being the only Indian bank on the list.
No. of Vacancies
Essential Academic Qualifications (as on 31.12.2021)
- Graduation in any discipline from a recognised University or any equivalent qualification recognised as such by the Central Government. Those who are in the Final Year/ Semester of their Graduation may also apply provisionally subject to the condition that, if called for interview, they will have to produce proof of having passed the graduation examination on or before 31.12.2021.
- Candidates having Integrated Dual Degree (IDD) certificate should ensure that the date of passing the IDD is on or before 31.12.2021. Candidates possessing qualification of Chartered Accountant or Cost Accountant may also apply.
Not below 21 years and not above 30 years as on 01.04.2021 i.e. candidates must have been born not later than 01.04.2000 and not earlier than 02.04.1991 (both days inclusive).
Presently, the starting basic pay is 41,960/- (with 4 advance increments) in the scale of 36000-1490/7-46430-1740/2-49910-1990/7-63840 applicable to Junior Management Grade Scale-I. The official will also be eligible for D.A, H.R.A/ Lease rental, C.C.A, Medical and other allowances & perquisites as per rules in force from time to time.
Application Fee will be 750/- for General/ EWS/ OBC candidates and ‘Nil’ for SC/ ST/ PWD candidates. Application Fee once paid will NOT be refunded on any account nor can it be held in reserve for any other examination or selection.
Joining, Training and Career Path
The selected candidates shall be provided basic banking knowledge through online course, which they shall complete before joining. The selected candidates, at the time of joining, will have to execute a Bond for a value of 2.00 lac ( Two lac only) to serve the Bank for a minimum period of three years. The Bond will be invoked by the Bank if the candidate resigns from the service of the Bank before expiry of three years from the date of joining.
On joining, the selected candidates will be designated as “Probationary Officers” and may be on probation for two years. They will be subjected to continuous assessment, as per Bank’s extant policy, during the probation period. Those candidates who qualify in the assessment as per standards determined by the Bank from time to time, will be confirmed in the Service of the Bank in Junior Management Grade Scale-I (JMGS-I).
If any candidate fails to achieve minimum standards stipulated, his/ her services may be terminated as per policy of the Bank in force at the material time
Bank provides immense opportunities for growth in career, including opportunities for posting abroad. The attractive promotion policy of the Bank provides an opportunity to the meritorious and exceptionally brilliant officers to reach the Top Management Grade in a reasonably quick time.
How to apply?
Interested applicants can apply for the post through this link.
|Commencement of on-line registration of application||05/10/2021|
|Closure of registration of application||25/10/2021|
|Closure for editing application details||25/10/2021|
|Last date for printing your application||09/11/2021|
|Online Fee Payment||05/10/2021 to 25/10/2021|
- Phone: 022-22820427
- Email: firstname.lastname@example.org