The State Bank of India (SBI) has initiated a recruitment campaign aimed at hiring retired bank officers as Concurrent Auditors on a contractual basis. This presents a significant opportunity for retired officers from SBI and its former Associate Banks (e-ABs) to re-enter the banking industry. The recruitment process encompasses 1,194 positions across various regions.
Eligible candidates who are interested may submit their applications online for the SBI Concurrent Auditor Recruitment via the official website from February 18, 2025, to March 15, 2025. Those selected will be assigned to the Internal Audit Department (IAD) at the Corporate Centre in Hyderabad and will report to the Chief Audit Officer (CAO) of their respective circles. The bank’s recruitment authorities will not accept offline or subsequent applications.
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Total Vacancy: 1,194
| City | Posts |
| Ahmedabad | 124 |
| Amravati | 77 |
| Bengaluru | 49 |
| Bhopal | 70 |
| Bhubaneswar | 50 |
| Chandigarh | 96 |
| Chennai | 88 |
| Guwahati | 66 |
| Hyderabad | 79 |
| Jaipur | 56 |
| Kolkata | 63 |
| Lucknow | 99 |
| Maharashtra | 91 |
| New Delhi | 68 |
| Patna | 50 |
| Thiruvananthapuram | 52 |
| Total | 1194 |
Educational Qualification and Experience
There are no specific educational qualifications mandated for this recruitment. Nevertheless, candidates should possess prior experience in banking operations, ideally in the domains of credit, audit, and foreign exchange transactions. Preference will be granted to retired individuals with experience in these areas. In short you can say retired personnel from SBI and its affiliated banks.
Age Limit:
60 year to 63 year (Age relaxation is applicable as per rules.)
Pay Scale and Salary
| Retired Grade | Max. Permissible Monthly Compensation (Fixed) (Rs.) |
| MMGS-III | 45,000 |
| SMGS-IV | 50,000 |
| SMGS-V | 65,000 |
| TEGS-VI | 80,000 |
Selection Procedure
Candidate Shortlisting:
The SBI recruitment committee will identify candidates who meet the eligibility requirements for shortlisting.
Interview Process:
We will invite shortlisted candidates to participate in an interview worth 100 marks. The ultimate selection will depend on the candidates’ performance in the interview, with age ranking applied in descending order in the event of tied scores among multiple candidates.
Merit list:
The committee will compile the merit list for final selection based on interview scores. Candidates must meet the minimum qualifying marks to be considered. In cases of equal scores, candidates’rankings are determined by age. Older candidates are prioritized.
Job Location and time period of service:
This job will be for 1 year it may be increase up to 3 year of service. The selected candidaates will be placed on the location Ahmedabad, Amravati, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Maharashtra, New Delhi, Patna, Thiruvananthapuram.
Application Fee:
There is no application fee for this job. It’s free.
Important Link
| Official Website | Click for SBI |
| Online Application | Apply Online |
| Official Notification | Read Notification |
Important Dates
| Application Start Date | 18/02/2025 |
| Last Date of Application | 15/03/2025 |
Fequently asked questions (FAQs) about the SBI Concurrent Auditor Recruitment 2025 for retired personnel
FAQ 1: Who is eligible to apply for the SBI Concurrent Auditor Recruitment 2025?
Answer:
Great question! This recruitment is specifically designed for retired bank officers from the State Bank of India (SBI) and its former Associate Banks. If you have prior experience in banking operations—especially in areas like credit, audit, or foreign exchange—you’re in a good spot! The age requirement is between 60 to 63 years, with some relaxation available according to the rules. So, if you’ve got that background and meet the age criteria, you’re definitely eligible!
FAQ 2: How do I apply for the SBI Concurrent Auditor positions, and is there an application fee?
Answer:
Applying is super straightforward! You’ll need to head over to the official SBI website between February 18, 2025, and March 15, 2025. Just fill out the online application form; remember, offline applications won’t be accepted. And here’s the best part—there’s no application fee! So, it won’t cost you anything to throw your hat in the ring for this opportunity.
FAQ 3: What can I expect from the selection process for these auditor roles?
Answer:
The selection process is a two-step affair. First, the SBI recruitment committee will shortlist candidates based on eligibility. If you make the cut, you’ll be invited for an interview that’s worth 100 marks. Your performance there will be key! If there are ties in scores, age will come into play—older candidates will be prioritized. So, bring your A-game to the interview, and you could be on your way to rejoining the banking world!
Hope that clears up some of your questions about the SBI Concurrent Auditor Recruitment 2025 for retired personnel! If you have more, feel free to ask.