SBI Concurrent Auditor Recruitment 2025: Notification Out for 1194 Vacancies – Apply Online
The State Bank of India (SBI) has officially released the SBI Concurrent Auditor Recruitment 2025 notification on 18th February 2025. This recruitment drive aims to fill 1194 vacancies for retired officers of SBI and its erstwhile Associate Banks (e-ABs) on a contractual basis. The online application process has commenced on 18th February 2025 and will continue until 15th March 2025. Interested and eligible candidates can apply through the official website of SBI at https://www.onlinesbi.sbi/.
Overview of SBI Concurrent Auditor Recruitment 2025
SBI is inviting applications from retired officers to serve as Concurrent Auditors in various branches across the country. This recruitment is open exclusively to individuals with experience in fields such as credit, audit, or foreign exchange (forex). The selection process involves shortlisting based on submitted documents, an interview round, and the final merit list prepared based on interview marks.
The concurrent audit is a key risk management function that ensures banking activities comply with internal policies and regulatory guidelines. As a Concurrent Auditor, selected candidates will be responsible for auditing multiple branches within their assigned cluster.
Notification and Application Process
Before proceeding with the application, candidates must thoroughly read the notification to understand the eligibility criteria, experience requirements, and selection procedure. The official notification provides detailed information about the recruitment process and can be accessed on SBI’s website.
Eligible candidates must submit their applications online through SBI’s career portal. The registration process requires candidates to provide personal and professional details, upload necessary documents such as photographs and signatures, and complete the form as per the guidelines provided by the bank. Upon successful submission, candidates will receive a provisional registration number and password, which should be kept for future reference.
Important Dates for SBI Concurrent Auditor Recruitment 2025
The official notification was released on 18th February 2025, marking the beginning of the application process. The deadline to apply is 15th March 2025. Candidates must ensure they complete their applications well before the last date to avoid any last-minute issues. The interview dates will be announced later by SBI once the shortlisting process is completed.
Eligibility Criteria for SBI Concurrent Auditor Recruitment 2025
To apply for the SBI Concurrent Auditor Recruitment 2025, candidates must fulfill specific eligibility criteria regarding their experience, age limit, and professional background.
Experience Requirements
Applicants must have prior experience in key banking functions, including credit, audit, or forex operations. This requirement ensures that the selected candidates have adequate knowledge and expertise to conduct concurrent audits effectively.
Age Limit
The age criteria for applying to the SBI Concurrent Auditor post are as follows:
- Retired officers who have attained the age of 60 years or more can apply.
- Officers who have completed 58 years of age and have served for a minimum of 30 years may also be considered, but they will be eligible only after turning 60.
- The engagement period ranges from a minimum of one year to a maximum of three years or until the officer reaches 65 years, whichever comes earlier.
- The maximum permissible age for fresh engagement, as of 18th February 2025, is 63 years.
Selection Process for SBI Concurrent Auditor Recruitment 2025
The selection process for the SBI Concurrent Auditor post comprises three main stages:
Shortlisting – Candidates will be shortlisted based on their professional background, documents submitted during the application process, and experience in banking services. The selection panel will evaluate the eligibility of applicants before calling them for an interview.
Interview – The interview round carries 100 marks, and candidates must secure at least the minimum cutoff set by SBI to proceed further. The panel will assess the candidates based on their knowledge, experience, and suitability for the role.
Final Merit List – The final merit list will be prepared based on the interview scores. Candidates securing higher marks in the interview will have a better chance of being selected.
Vacancies and Locations for SBI Concurrent Auditor Recruitment 2025
The SBI has announced a total of 1194 vacancies for the Concurrent Auditor post. These vacancies are distributed among 17 major cities across India. Ahmedabad has the highest number of openings, followed by cities like Chandigarh, Lucknow, and Maharashtra. This recruitment aims to strengthen SBI’s internal audit framework in multiple branches nationwide.
Compensation and Benefits
Selected candidates will receive a monthly compensation package based on their previous grade and responsibilities. The compensation structure is as follows:
- MMGS-III officers will receive a monthly compensation of ₹45,000.
- SMGS-IV officers will be paid ₹50,000 per month.
- SMGS-V officers will earn ₹65,000 per month.
- TEGS-VI officers will receive ₹80,000 per month.
For cluster audits, which involve auditing two or more branches weekly, the compensation will be ₹2,000 per visit for each branch. Retired officers engaged in this role will be assigned a unique ID in SBI’s HRMS system to ensure proper record-keeping.
It is important to note that the compensation provided under this engagement will not affect the pension of retired officers. However, SBI will not offer additional benefits such as housing, furniture, or other allowances.
How to Apply for SBI Concurrent Auditor Recruitment 2025?
Candidates who meet the eligibility criteria can follow the steps below to complete the online application process:
- Visit the official website – Candidates should visit https://bank.sbi/careers or https://www.sbi.co.in/careers to access the application form.
- Register online – Click on the application link for SBI Concurrent Auditor Recruitment and complete the registration by providing personal and professional details.
- Upload documents – Candidates must upload their recent photograph, signature, and other required documents per the specified format. Incomplete applications without these documents will not be accepted.
- Review and submit – Before final submission, candidates should carefully review all the information entered in the application form.
- Save registration details – Upon successful submission, candidates will receive a system-generated registration number and password, which should be noted down for future reference.
FAQs – SBI Concurrent Auditor Recruitment 2025
What are the registration dates to apply for SBI Concurrent Auditor Recruitment 2025?
The registration process for SBI Concurrent Auditor Recruitment 2025 begins on 18th February 2025 and ends on 15th March 2025.
What is the maximum age limit to apply for SBI Concurrent Auditor Recruitment 2025?
The maximum age limit for fresh engagement is 63 years as of 18th February 2025. However, officers can continue their engagement until they turn 65, depending on the terms of their contract.
How many stages are there in the selection process for SBI Concurrent Auditor Recruitment 2025?
There are three stages in the selection process: shortlisting based on documents, an interview carrying 100 marks, and the preparation of a final merit list based on interview performance.
Conclusion
The SBI Concurrent Auditor Recruitment 2025 presents an excellent opportunity for retired SBI officers with experience in credit, audit, or forex to contribute to the bank’s internal audit mechanisms. With 1194 vacancies available across 17 major cities, this recruitment drive aims to strengthen the concurrent audit function in various branches. Candidates who meet the eligibility criteria should apply before the deadline on 15th March 2025 to secure their chance of selection. Interested individuals should visit SBI’s official career portal for more details and to complete the application process.