SBI Concurrent Auditor Recruitment 2026-27 for Retired Officers
State Bank of India invites applications from eligible retired SBI Officers (MMGS-III to TEGS-VI) for 821 Concurrent Auditor posts on a contractual basis. Apply online by June 11, 2026.
Highlights
State Bank of India Concurrent Auditor Recruitment 2026-27
State Bank of India (SBI) invites online applications for the engagement of retired bank officers as Concurrent Auditors on a contractual basis. This is a golden opportunity for eligible and experienced retired officers to continue their association with the bank.
Important Dates
- Online Application Start Date: 14.05.2026
- Online Application Last Date: 11.06.2026
Post Details
| Post Name | Total Vacancy | Place of Posting |
|---|---|---|
| Concurrent Auditor | 821 | Under CAO of applied Circle |
Eligibility Criteria (As on 14.05.2026)
- Educational Qualification: Not specified (for retired officers).
- Experience: Work experience in credit/audit/Forex background will be preferred.
- Retirement: The officer must have retired from the Bank’s service only on attaining superannuation at the age of 60 years. Officers who voluntarily retired/resigned/suspended or left the Bank otherwise before superannuation are not eligible.
- Age Limit: Maximum age for fresh engagement should be 63 years as on 14.05.2026. Minimum age is 60 years (retired on superannuation).
- Grade: Officers of SBI and its e-Associate banks who retired as MMGS-III, SMGS-IV/V & TEGS-VI shall be considered for engagement.
- Other Conditions: Good track record of performance, thorough knowledge of Bank’s systems and procedures, integrity should not have been doubtful, no punishment/penalty (Censure or higher) in the preceding five years, and no pending CBI or other law enforcement agency cases.
Selection Process
- The selection will be based on shortlisting and interview.
- A Shortlisting Committee constituted by the Bank will decide the shortlisting parameters.
- The interview will carry 100 marks, and qualifying marks will be decided by the Bank.
- The merit list for final selection will be prepared in descending order of scores obtained in the interview only, subject to candidates scoring minimum qualifying marks.
Remuneration (Monthly Lumpsum Compensation)
| Retired Grade | Max. Permissible Monthly Compensation (Fixed) (Rs.) |
|---|---|
| MMGS-III | 45,000 |
| SMGS-IV | 50,000 |
| SMGS-V | 65,000 |
| TEGS-VI | 80,000 |
For Cluster Audit (2 or more branches for weekly audit), the remuneration will be Rs. 2000/- per visit/per branch. This compensation is without prejudice to their pension and does not include any other perquisites or benefits.
How to Apply
Interested and eligible candidates can apply online through the link provided on the official website of State Bank of India. Before applying, candidates must ensure they fulfill the eligibility criteria. All required documents must be uploaded online.
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FAQ's
Who is eligible to apply for the SBI Concurrent Auditor posts?
Only officers who have retired from SBI (or its e-Associate banks) on attaining superannuation at 60 years, and who retired in MMGS-III, SMGS-IV/V, or TEGS-VI grades, are eligible. The maximum age for fresh engagement is 63 years as of May 14, 2026.
