SBI Engagement of Retired Bank Officials on Contract Basis 2026 — Apply by Feb 26, 2026

The contract is for 1-2 years duration, depending on the position and organizational requirement. It is extendable based on satisfactory performance and the need for continuation as per SBI's discretion.

The monthly pay scale ranges from ₹50,000 to ₹1,50,000 depending on the position level (Consultant/Manager/Senior Advisor) and the candidate's previous experience and designation. No pension will be drawn during contract period.

Yes, medical benefits and insurance coverage will be provided during the contract period. Additionally, travelling allowance and performance-based incentives are also available as per SBI norms.

Submit proof of age (birth certificate/Aadhar), educational certificates, retirement letter from previous bank, service certificate showing employment period, and any other relevant professional qualifications (CA, MBA, etc.). Also upload recent passport-size photograph and signature.

Yes, candidates can mention 2-3 preferred zones or locations while filling the application form. However, final posting will be as per organizational requirement and administrative decision.

Application fee is ₹150 for General and OBC candidates. SC/ST/EWS/Ex-Servicemen and PWD candidates are exempt from application fee.

Selection process includes: (1) Document Verification of submitted credentials, (2) Assessment/Interview round evaluating experience and suitability, (3) Final merit list preparation, (4) Appointment orders to selected candidates. No written examination is conducted.

Yes, retired officials receiving pension can apply. However, during the contract period with SBI, you will not receive your previous bank pension. The decision is at the individual's discretion.

Document verification will be done in March 2026, followed by interviews/assessment rounds in March-April 2026. Candidates will be intimated separately with interview schedule and venue details via email and SMS.