State Bank of India Recruitment 2025 The State Bank of India (SBI) has announced its recruitment drive for 2025, inviting applications for the position of Concurrent Auditor in the Inspection and Audit Department (IAD), Centralized Compliance (CC), Hyderabad Department. This recruitment is on a contractual basis, with a total of 1194 vacancies available, as per the official notification.
Key Details of SBI Recruitment 2025
Name and Vacancies
- Post Name: Concurrent Auditor
- Number of Vacancies: 1194
Tenure
The appointment will be for a minimum of 1 year and a maximum of 3 years, or until the candidate reaches 65 years of age, whichever comes first. The contract is subject to satisfactory performance. During the contract period, the selected candidates cannot take up any other assignments, as the role requires full-time commitment. The Bank reserves the right to terminate the contract if the performance is unsatisfactory.
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State Bank of India Recruitment 2025 Age Limit
- Candidates must have retired from SBI upon superannuation at the age of 60 years.
- Officers who voluntarily retired, resigned, were suspended, or left the Bank before superannuation are not eligible.
- However, officers who retired under the Voluntary Retirement Scheme (VRS) after completing 58 years of age and 30 years of service (both conditions must be met) are eligible to apply.
Experience
Preference will be given to candidates with experience in credit, audit, or Forex operations.
State Bank of India Recruitment 2025 Place of Posting
Selected candidates will be posted under the Chief Administrative Officer (CAO) in the IAD, CC, Hyderabad Department.
State Bank of India Recruitment 2025 Selection Process
The selection process for SBI Recruitment 2025 involves the following steps:
- Shortlisting:
- Candidates will be shortlisted based on predefined parameters set by the Bank.
- Meeting the minimum qualifications and experience does not guarantee a call for an interview.
- Interview:
- Shortlisted candidates will be called for an interview, which will carry 100 marks.
- The Bank will decide the qualifying marks for the interview.
- Merit List:
- A merit list will be prepared based on interview scores in descending order.
- In case of a tie, older candidates will be ranked higher.
Note: No travel or accommodation allowances will be provided for attending the interview.
Salary Details
Selected candidates will receive a monthly remuneration based on their retired grade, as follows:
| Retired Grade | Monthly Compensation (Fixed) |
|---|---|
| MMGS-III | Rs. 45,000 |
| SMGS-IV | Rs. 50,000 |
| SMGS-V | Rs. 65,000 |
| TEGS-VI | Rs. 80,000 |
- For Cluster Audit (weekly audit of 2 or more branches), candidates will receive Rs. 2,000 per visit/branch.
- The remuneration is fixed and does not include additional benefits such as housing, furniture, Provident Fund, pension, or gratuity.
- Income tax will be deducted at source as per applicable rules.
Important Dates
- Starting Date for Online Applications: 18th February 2025
- Last Date for Online Applications: 15th March 2025
State Bank of India Recruitment 2025 How to Apply
Eligible and interested candidates must submit their online application forms through the official SBI website on or before 15th March 2025. No other mode of application will be accepted.
Frequently Asked Questions (FAQs)
- What is the post available in SBI Recruitment 2025?
The post available is Concurrent Auditor. - How many vacancies are there in SBI Recruitment 2025?
There are 1194 vacancies for the Concurrent Auditor post. - What is the last date to apply for SBI Recruitment 2025?
The last date to apply is 15th March 2025. - What is the tenure of the appointment?
The appointment is for a minimum of 1 year and a maximum of 3 years, or until the candidate reaches 65 years of age, whichever is earlier. - What is the selection process for SBI Recruitment 2025?
The selection process involves shortlisting followed by an interview.
