SBI Recruitment 2026: 821 Concurrent Auditor Posts Open for Retired Officers

New Delhi, May 15, 2026: The State Bank of India (SBI) has officially released a major recruitment notification for 2026, targeting retired banking professionals. The bank is looking to fill 821 vacancies for the post of Concurrent Auditor on a contractual basis.

This initiative is designed to leverage the vast experience of former bank officers to strengthen the Internal Audit Department (IAD). If you are a retired officer looking to re-engage with the banking sector, here is an in-depth guide to everything you need to know about this recruitment drive.

1. Overview of the Vacancies

The recruitment drive aims to fill 821 positions across various SBI circles in India. These roles are critical for ensuring day-to-day compliance and operational integrity within the bank’s branches and specialized outfits.

Circle-wise Distribution (Highlights):

Circle	Vacancies	Circle	Vacancies
Jaipur	95	Mumbai Metro	80
Bengaluru	64	Maharashtra	61
Thiruvananthapuram	59	Bhubaneswar	57
Chennai	54	New Delhi	50

2. Eligibility Criteria

To ensure the highest standards of audit quality, SBI has set specific eligibility parameters:

• Candidate Profile: Only retired officers from SBI and its former Associate Banks (e-ABs) are eligible to apply.
• Retirement Status: Candidates must have retired specifically upon attaining superannuation at the age of 60.
• Grade at Retirement: Officers must have retired in the following scales:
  • MMGS-III
  • SMGS-IV / SMGS-V
  • TEGS-VI
• Age Limit: The maximum age for fresh engagement is 63 years as of May 14, 2026.
• Service Record: Candidates must have a clean track record with no major penalties during their last five years of service.
• Experience Preference: While not mandatory, preference is given to those with experience in Credit, Audit, or Forex operations.

3. Salary and Remuneration Structure

The compensation for Concurrent Auditors is fixed based on the grade from which they retired. This payment is a monthly lumpsum and is provided without prejudice to the officer’s pension.

Monthly Lumpsum Payment:

Retired Grade	Monthly Fixed Pay
MMGS-III	₹45,000
SMGS-IV	₹50,000
SMGS-V	₹65,000
TEGS-VI	₹80,000

Additional Incentives: Auditors are also eligible for an additional payment of ₹2,000 per visit for special assignments such as branch audits, forex verification, or currency chest verification.

4. Contract Duration and Nature of Work

This is a contractual engagement and does not constitute permanent employment.

• Duration: The contract is initially for one year, extendable up to a maximum of three years, or until the officer reaches 65 years of age, whichever is earlier.
• Benefits: As it is a contract, candidates will not be eligible for PF, pension benefits (beyond what they already receive), accommodation, or furniture allowances.
• Key Responsibilities:
  • Verifying loan documents and deposit accounts.
  • Monitoring day-to-day banking activities and forex transactions.
  • Ensuring audit compliance and cash transaction verification.
  • Reporting to the respective Circle Audit Office (CAO).

5. Selection Process

The selection is performance-based and follows a two-stage process:

1. Shortlisting: Applications will be screened based on experience, eligibility, and suitability for the role.
2. Interview: Shortlisted candidates will be called for an interview worth 100 marks.
3. Final Merit List: The final selection will be based entirely on the marks obtained in the interview. If two candidates score the same marks, the older candidate will be ranked higher.

6. Important Dates to Remember

Event	Date
Notification Date	May 14, 2026
Online Application Starts	May 14, 2026
Last Date to Apply	June 11, 2026
Interview Schedule	To be announced via email

7. How to Apply: A Step-by-Step Guide

Applications must be submitted online only through the official SBI website. No hard copies will be accepted at the Corporate Centre.

Steps to Register:

1. Visit Official Link: Go to the SBI Careers portal at sbi.co.in/web/careers.
2. Find the Ad: Look for Advertisement No: CRPD/RS/2026-27/08 regarding the engagement of Retired Bank Officers.
3. Registration: Click on “Apply Online” and register using your basic details and email ID.
4. Upload Documents: You will need to upload:
   • Recent Passport-size Photograph & Signature.
   • Identity Proof & Date of Birth Proof.
   • Copy of PPO (Pension Payment Order).
   • Detailed Service/Experience Certificate.
5. Submission: Review your application and submit. Take a printout of the system-generated application form for future reference.

Conclusion

This 2026 recruitment for Concurrent Auditors is a vital opportunity for retired SBI officers to stay active in the professional sphere while contributing to the financial health of the nation’s largest bank. With 821 posts available across the country, the chances of securing a position in your preferred circle are high.

Ensure you complete your application before the June 11 deadline to avoid last-minute technical glitches. For any revisions or official updates, always keep an eye on the SBI Careers page.