SBI Retired Bank Officers Recruitment 2026: Apply Online for 821 Concurrent Auditor Vacancies - SBI Retired Officers Recruitment 2026
The State Bank of India (SBI), Central Recruitment & Promotion Department, Mumbai, has published an official notification (ADVERTISEMENT NO: CRPD/RS/2026-27/08) for the engagement of Retired Bank Officers of SBI and its e-Associate banks on a Contract Basis. Eligible retired personnel are invited to apply for the position of Concurrent Auditor.
If you are a retired SBI executive looking to utilize your banking experience in an impactful role, read on for the comprehensive breakdown of eligibility, circles, remuneration, and application instructions.
📅 Important Dates
| Event | Date |
| Online Registration Starts | May 14, 2026 |
| Last Date to Apply Online | June 11, 2026 |
| Cut-off Date for Eligibility Criteria | May 14, 2026 |
💼 Recruitment Overview & Vacancy Details
Position Name: Concurrent Auditor
Department: Internal Audit Department (IAD), Corporate Centre, Hyderabad
Total Vacancies: 821 Posts (660 Regular + 161 Backlog)
Nature of Engagement: Contractual basis (Full-time work). Initial engagement is for a minimum of 1 year and a maximum of 3 years, or up to the age of 65, whichever is earlier.
Place of Posting: Under the Concurrent Audit Organization (CAO) of the applied Circle.
Circle-wise Vacancy Breakdown
Candidates can submit only one application for a single chosen Circle.
| Circle | Total Vacancies | Circle | Total Vacancies |
| Jaipur | 95 | Mumbai Metro | 80 |
| Bengaluru | 64 | Maharashtra | 61 |
| Thiruvananthapuram | 59 | Bhubaneswar | 57 |
| Chennai | 54 | New Delhi | 50 |
| Chandigarh | 47 | Kolkata | 44 |
| Bhopal | 38 | Patna | 38 |
| Gandhinagar | 36 | Lucknow | 30 |
| Hyderabad | 26 | Amaravati | 21 |
| Guwahati | 21 | Total Positions | 821 |
🎓 Eligibility Criteria (As of 14.05.2026)
Retirement Status: Must have retired only on attaining superannuation at 60 years from SBI or its e-Associate banks.
Note: Officers who took voluntary retirement under specific pensionable guidelines (e-Circular No. CDO/P&HRD-PM/20/2022-23) after completing 58 years of age and 30 years of service are eligible upon turning 60.
Voluntarily retired (outside the exception above), resigned, suspended, or otherwise separated officers are not eligible.
Eligible Cadres/Scales: Officers who retired in scales MMGS-III, SMGS-IV, SMGS-V, & TEGS-VI.
Age Limit: Maximum age must be 63 years for fresh engagement as on May 14, 2026.
Track Record & Integrity: Excellent performance record, clean service history, and thorough knowledge of Bank procedures. No punishment or penalty (Censure or higher) during the 5 years preceding retirement. No CBI or law enforcement cases pending.
Experience (Preferred): Prior structural work experience in Credit, Audit, or Forex operations background.
💰 Monthly Remuneration Structure
The monthly compensation package is a fixed, consolidated lump-sum amount based on the scale at retirement. It is without prejudice to your standard monthly pension.
| Retired Grade Scale | Max Permissible Monthly Compensation (Fixed) |
| MMGS-III | Rs. 45,000 |
| SMGS-IV | Rs. 50,000 |
| SMGS-V | Rs. 65,000 |
| TEGS-VI | Rs. 80,000 |
Cluster Audit / Specific Visits: For weekly audits of Currency Chests, Forex Transactions, or FSLOs across 2 or more branches, the payment is fixed at Rs. 2,000 per visit per branch.
Perks & Benefits: No provisions for housing, furniture, medical reimbursements, PF, or gratuity during the contract period. Pensioner facilities remain unaffected.
🎯 Selection Process
Shortlisting: A panel filters applicants against suitability parameters and experience profiles. Merely satisfying minimum parameters doesn't guarantee an interview invite.
Interview (100 Marks): Evaluation of domain knowledge. Qualifying parameters are determined directly by the Bank. No TA/DA will be compensated for attending.
Final Merit List: Ranking is configured purely in descending order of the interview score. In the event of a tie-breaker, the older candidate is ranked higher.
📝 Key Roles & Responsibilities
Scrutinizing and verifying credit/loan documentation to validate post-sanction guidelines and follow-up compliance.
Auditing deposit architectures, remittances, cash transactions, and internal operational mechanisms.
Overseeing foreign exchange transactions and validating baseline regulatory compliance criteria.
🗂️ Document Upload Specifications (PDF format, Max 500 KB)
Before starting the online application form, scan and prepare the following files:
Experience Track Record: Document listing assignment-wise brief particulars of the last 10 years of service.
Identity & Age Proofs: Government-issued ID and Proof of Date of Birth.
Retirement Verification: Copy of your Pension Payment Order (PPO).
Caste/EWS Certificate: If seeking category reservation (OBC Non-Creamy Layer certificates must be issued between 01.04.2026 and the interview date).
Photograph: Recent color passport style, light/white background (20 kb - 50 kb, 200 x 230 pixels).
Signature: Must sign on white paper using a Black Ink pen (10 kb - 20 kb, 140 x 60 pixels). Note: Capital letters are not valid.
💻 How to Apply
Visit the official career tracking page:
sbi.bank.in/web/careers/current-openings Locate the notice for Advertisement No: CRPD/RS/2026-27/08 and click the online registration link.
Complete the online format carefully. You can save the partially filled form up to 3 times to retrieve using your generated registration number and password.
Upload your photograph, signature, and documentation PDFs through their respective validation links.
Review the information via the 'Preview' option before final submission, then print out your completed system-generated application form.
