SBI Concurrent Auditor Recruitment 2026 Introduction
The State of India has officially announced its recruitment drive for the engagement of Concurrent Auditors on a contractual basis for the financial year 2026-27. This specialized recruitment campaign offers a substantial opportunity with a total of 821 vacancies distributed across circles nationwide. Aimed at bolstering the bank's internal audit and compliance frameworks, the selection process is explicitly designed to re-engage the expertise of retired officers from SBI who possess a deep operational understanding of banking procedures, particularly in credit, audit and foreign exchange operations.
Important dates
The recruitment process for the State Bank of India Concurrent Auditor officially commenced on May 14, 2026, which marks the opening date for online registrations and the submission of applications, Interested retired officers have approximately four weeks to complete the process, as the window for registration will close on June 11, 2026. Following the application deadline, the bank will shortlist candidates based on eligibility and experience; those who are shortlisted will receive communication regarding their specific interview dates via email or the official bank website. The final results and the subsequent commencement of the one-year contractual engagement will be announced shortly after the interview process is completed
Vacancy Details of SBI recruitment 2026
| Circle | No. Of Vacancies |
|---|---|
| Jaipur | 95 |
| Mumbai Metro | 80 |
| Bengaluru | 64 |
| Maharashtra | 61 |
| Thiruvananthapuram | 59 |
| Bhubaneswar | 57 |
| Chennai | 54 |
| New Delhi | 50 |
| Lucknow | 48 |
| Kolkata | 42 |
| Amaravati | 36 |
| Ahmedabad | 35 |
| Patna | 32 |
| Chandigarh | 30 |
| Hyderabad | 25 |
| Bhopal | 22 |
| Guwahati | 20 |
| Corporate Centre (CC) / Others | 11 |
Eligibility Criteria for auditor jobs
- Who can apply: Only retired officers of SBI who retired through superannuation (at age 60).
- Eligible Grades: MMGS-III, SMGS-IV, SMGS-V, and TEGS-VI.
- Age Limit: Maximum 63 years as of May 14, 2026.
- Experience: Preference is given to officers with experience in Credit, Audit, or Forex operations. A clean service record is mandatory.
Remuneration (Monthly Fixed Pay)
| Retired Grade | Monthly Fixed Remuneration |
|---|---|
| MMGS-III | ₹45,000 |
| SMGS-IV | ₹50,000 |
| SMGS-V | ₹65,000 |
| TEGS-VI | ₹80,000 |
Selection Process for recruitment in Public sector banks India
- 1Shortlisting: Based on experience, eligibility, and suitability.
- 2Interview: Shortlisted candidates will be called for an interview (100 marks).
- 3Merit List: The final selection is based entirely on the interview performance.
Contract Terms for auditor jobs
- Nature: Purely contractual.
- Duration: Initially for 1 year, extendable up to 3 years or until the age of 65, whichever is earlier.
- Termination: One month’s notice from either side.
How to Apply for SBI Concurrent Auditor Recruitment 2026
- 1Visit the SBI Careers portal: sbi.bank.in/web/careers/current-openings.
- 2Find the advertisement CRPD/RS/2026-27/08.
- 3Register and fill out the online application.
- 4Documents to Upload: Photo, Signature, ID Proof, Age Proof, PPO copy, and experience details.
Interview Specifics & Evaluation of auditor jobs
- Weightage: The interview carries a total of 100 marks. Qualifying marks will be decided entirely by the bank.
- Expenses: Candidates called for the interview must attend at their own expense; no traveling allowance (TA/DA) will be provided by SBI.
- Provisional Selection: Mere shortlisting for an interview does not guarantee selection. Detailed document verification against original credentials will happen at the interview venue.
Roles and responsibilities of SBI Concurrent auditor
- The concurrent auditor acts as an independent internal control mechanism for the bank.
- Verification of daily banking transactions.
- Review of loan and credit accounts.
- Monitoring of cash transactions.
- Detection of irregularities and operational risks.
- Compliance checking with RBI and SBI guidelines.
- Foreign exchange transaction scrutiny.
- Reporting audit observations to controlling authorities.
Why SBI prefers retired officers?
SBI specially recruits retired officers because of their: - Deep understanding of banking operations. - Experience in risk management. - Knowledge of audit procedures. - Familiarity with SBI systems and policies - Ability to identify operational lapses quickly. This enables the bank to strengthen its internal control framework without training requirements.
About State Bank of India
State Bank of India is India's largest public sector bank and one of the world's largest financial institutions. - Headquarters: Mumbai, Maharashtra - Over 22000 branches across India - Presence in 29 countries - More than 65,000 ATMs - Over Rs 100 lakh crore total business - Largest public sector employer in the Indian Banking Sector.
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