State Bank of India has issued notice CRPD/SCO/2026-27/26 of Chief Manager (Product & Research - Forex & Rupee Derivatives), Manager (Product & Research Analyst). Applications are online from 2 November 2026 to 23 November 2026. Pay ranges from Rs 85,920 to Rs 1,20,940, depending on the post. The upper age limit is 36 to 40 years, depending on the post. Selection is by Shortlisting and Interview.
Key details
| Item | Detail |
|---|---|
| Organisation | State Bank of India |
| Advertisement number | CRPD/SCO/2026-27/26 |
| Notice date | 2 November 2026 |
| Posts | Chief Manager (Product & Research - Forex & Rupee Derivatives), Manager (Product & Research Analyst) |
| Pay | Rs 85,920 to Rs 1,20,940, depending on the post |
| How to apply | Online |
| Last date | 23 November 2026 |
Important dates
| Event | Date |
|---|---|
| Application starts | 2 November 2026 |
| Last date to apply | 23 November 2026 |
| Last date for fee payment | 23 November 2026 |
| Exam date | Not given in the notice |
Post-wise vacancies, reservation and pay
| Post | Vacancies | Pay | Pay level | Upper age (years) | Place of posting |
|---|---|---|---|---|---|
| Chief Manager (Product & Research - Forex & Rupee Derivatives) | 1 | Rs (102300-2980/4-114220-3360/2-120940) | Senior Management Grade Scale-IV | 40 | Mumbai |
| Manager (Product & Research Analyst) | Rs (85920-2680/5-99320-2980/2-105280) | Middle Management Grade Scale - III | 36 | Mumbai |
CATEGORY WISE VACANCIES: CHIEF MANAGER (PRODUCT & RESEARCH - FOREX & RUPEE DERIVATIVES)
| UR | Total | |
|---|---|---|
| Regular | 1 | 1 |
| Total | 1 |
CATEGORY WISE VACANCIES: MANAGER (PRODUCT & RESEARCH ANALYST)
| UR | OBC | SC | Total | |
|---|---|---|---|---|
| Regular | 3 | 1 | 1 | 5 |
| Backlog | 1 | 1 | ||
| Total | 6 |
Eligibility
| Posts | Qualification | Experience required | Desirable |
|---|---|---|---|
| Chief Manager (Product & Research - Forex & Rupee Derivatives) | MBA/PGDBM/PGDM/PGDBA or equivalent degree from recognized institute | Minimum 7 years’ post basic qualification of experience in the field of Forex and Rupee markets | CFA/FRM/CA/Cost Accountants (CMA erstwhile ICWA) |
| Manager (Product & Research Analyst) | MBA/PGDBM/PGDM/PGDBA or equivalent degree from recognized institute | Minimum 3 years of post-qualification experience in the field of Equity /Forex/Debt research | CFA/FRM/CA/Cost Accountants (CMA erstwhile ICWA) |
The qualification must be held by 30 September 2026.
Nationality: eligible Indian citizens
The notice also says:
- Teaching/training experience will not be counted under required experience for eligibility purpose.
- IF OTHERWISE ELIGIBLE, CANDIDATE MAY APPLY FOR BOTH THE POST.
Age limit
Upper age limit: 36 years for Manager (Product & Research Analyst); 40 years for Chief Manager (Product & Research - Forex & Rupee Derivatives), counted on 30 September 2026.
| Category | Relaxation in upper age |
|---|---|
| Other Backward Classes (OBC) (Non-Creamy Layer) | 3 years |
| Scheduled Castes/ Scheduled Tribes (SC/ ST) | 5 years |
Application fee
| Category | Fee |
|---|---|
| General/EWS/OBC | Rs 750 |
| SC/ ST/ PwBD | No fee |
How to pay: Pay the fees through payment gateway.
Fee note: Application Fee once paid will NOT be refunded on any account.
Selection process and interview
- Shortlisting: Adequate number of candidates, as decided by the bank, will be shortlisted for interview.
- Interview: Interview will carry 100 marks.
Qualifying marks: The qualifying marks in interview will be decided by the Bank.
How to apply
- Login to https://sbi.bank.in/web/careers/current-openings
- Scroll down and click on advertisement no.
- Download advertisement
- Apply Online
Apply at https://sbi.bank.in/web/careers/current-openings.
Queries: https://sbi.bank.in/web/careers/post-your-query
Documents the notice asks for
- Recent Photograph & Signature (jpeg)
- Detailed Resume (PDF)
- ID Proof (PDF)
- Proof of Date of Birth (PDF)
- Caste certificate & PwBD certificates (if applicable) (PDF)
- Mandatory Educational Certificates: Degree Certificate (PDF)
- Experience certificates mandatory (PDF)
- Preferred Certificate (if any). (PDF)
- Biodata Form (Duly filled, Signed & Scanned in PDF- Available at
- Form-16/Offer Letter/Latest Salary slip from current employer (PDF)
- No Objection Certificate (NOC) from present employer
Training and service conditions
- Probation period: 12 Months
Points to check before applying
- Age is counted on 30 September 2026, not on the day you apply.
- The qualification must be complete by 30 September 2026.
- PwBD vacancy: PwBD Vacancy is Horizontal and is covered under Parent
- Cadre: Both the above post (s) shall remain in Specialist cadre and will have no provision for conversion into General cadre
- Specific skills: Proficient in spoken and written English
- Outstation interview travel: Maximum Rs 10,000(Rupee Ten Thousand only) (to-and-fro)
Important Links
| Resource / Document | Official Web Link |
|---|---|
| Download Official Notification (PDF) | Official Notification PDF |
| Online Application Portal | Apply Online |
| Official Recruitment Website | Visit Official Website |
Frequently Asked Questions
What is the last date to apply for the State Bank of India recruitment?
The last date is 23 November 2026.
When do applications open for the State Bank of India recruitment?
Applications open on 2 November 2026.
What is the age limit for the State Bank of India recruitment?
Up to 36 years for Manager (Product & Research Analyst); up to 40 years for Chief Manager (Product & Research - Forex & Rupee Derivatives), counted on 30 September 2026.
How much age relaxation is allowed?
Other Backward Classes (OBC) (Non-Creamy Layer): 3 years; Scheduled Castes/ Scheduled Tribes (SC/ ST): 5 years.
What is the application fee for the State Bank of India recruitment?
General/EWS/OBC: Rs 750; SC/ ST/ PwBD: no fee.
What is the salary for the State Bank of India recruitment?
Chief Manager (Product & Research - Forex & Rupee Derivatives): Rs (102300-2980/4-114220-3360/2-120940); Manager (Product & Research Analyst): Rs (85920-2680/5-99320-2980/2-105280).
What qualification is needed for the State Bank of India recruitment?
Chief Manager (Product & Research - Forex & Rupee Derivatives): MBA/PGDBM/PGDM/PGDBA or equivalent degree from recognized institute. Manager (Product & Research Analyst): MBA/PGDBM/PGDM/PGDBA or equivalent degree from recognized institute.
How is the selection done for the State Bank of India recruitment?
Selection is by Shortlisting, then Interview.
How do I apply for the State Bank of India recruitment?
Apply online at https://sbi.bank.in/web/careers/current-openings.
What is the advertisement number for the State Bank of India recruitment?
It is CRPD/SCO/2026-27/26.