The State Bank of India (SBI), a premier financial institution, has announced a recruitment drive for 1,194 Concurrent Auditor positions on a contractual basis. This initiative is tailored for retired officers from SBI and its erstwhile Associate Banks (e-ABs), offering them an opportunity to continue contributing their expertise.
Post Name: Concurrent Auditor
Form Submission Dates:
- Start Date: February 18, 2025
- End Date: March 15, 2025
Candidates are advised to submit their applications within this window to ensure consideration.
Application Fee:
The official notification does not specify any application fee for this recruitment process. Applicants should refer to the official SBI recruitment portal for any updates regarding fees.
Selection Process:
The selection methodology comprises two primary stages:
- Shortlisting: Applications will be reviewed to ensure candidates meet the stipulated eligibility criteria. A committee will shortlist candidates based on their qualifications and experience.
- Interview: Shortlisted candidates will be invited for an interview, which carries a weightage of 100 marks. The bank will determine the qualifying marks. The final merit list will be prepared based on the interview scores. In cases where multiple candidates achieve the same score, preference will be given to the older candidate.
Exam Pattern:
There is no written examination for this recruitment. The selection is solely based on the interview process.
How to Apply:
Interested and eligible candidates should follow these steps to apply:
- Visit the Official Website: Navigate to the SBI careers portal.
- Registration: Register using a valid email ID and mobile number.
- Application Form: Complete the online application form with accurate personal and professional details.
- Document Upload: Upload scanned copies of necessary documents, including ID proof, experience certificates, and photographs.
- Submission: Review the application for accuracy and submit it before the deadline.
Eligibility Criteria:
To be eligible for the Concurrent Auditor position, candidates must meet the following criteria:
- Retirement Status: Must have retired from SBI or its e-ABs upon reaching the age of superannuation at 60 years.
- Age Limit: The maximum age for fresh engagement is 63 years as of February 18, 2025.
- Experience: Preference will be given to officers with experience in Credit, Audit, or Forex.
- Disciplinary Record: Candidates should not have faced any penalties or disciplinary actions in the five years preceding their retirement.
- Health: Candidates must be physically fit and free from major health issues.
Vacancy Details:
The 1,194 vacancies are distributed across various SBI circles as follows:
- Ahmedabad: 124
- Bangalore: 49
- Chennai: 88
- Delhi: 68
- Hyderabad: 79
- Mumbai Metro: 16
- Patna: 50
For a comprehensive list of vacancies across all circles, candidates should refer to the official notification.
FAQs:
- What is the tenure of the contractual engagement?The engagement is on a contractual basis for a minimum period of one year, with a maximum tenure of three years or until the candidate reaches 65 years of age, whichever comes first.
- Is there any provision for extension beyond the initial contract period?Extensions, if any, will be at the discretion of the bank and based on performance, up to the maximum age limit of 65 years.