No written exam is needed for these 7 SBI officer posts in product and research: the bank will shortlist applications and choose on a 100-mark interview alone. The posts are 1 Chief Manager for forex and rupee derivatives (financial contracts whose price depends on the rupee or another currency) and 6 Managers for product and research analysis. You can apply online from 02.11.2026 to 23.11.2026 under advertisement no. CRPD/SCO/2026-27/26.
Not announced yet; call letters will be sent by email or put on SBI’s website
Application Fee
Category
Fee
General / EWS / OBC
Rs 750 (application fee and intimation charges; not refundable)
SC / ST / PwBD
Nil
Vacancy Details
Post
Type
SC
OBC
UR
Total
PwBD (VI-LV)
Chief Manager (Product & Research – Forex & Rupee Derivatives)
Regular
–
–
1
1
1
Manager (Product & Research Analyst)
Regular
1
1
3
5
–
Manager (Product & Research Analyst)
Backlog
–
1
–
1
1
Manager – total
1
2
3
6
1
Both posts – total
1
2
4
7
2
UR means Unreserved (open to everyone). A backlog post is a reserved post carried forward from an earlier recruitment; the notice does not explain the term further. PwBD (VI-LV) means Persons with Benchmark Disabilities who are Visually Impaired with Low Vision. These PwBD posts are counted inside the vacancies shown, not added on top. SBI says the vacancy numbers are provisional and may change.
Eligibility Criteria
Criterion
Detail
Nationality
Indian citizen
Educational Qualification (both posts)
Must have: MBA, PGDM, PGDBM or PGDBA (or equivalent) from an institute recognised by Government bodies, AICTE or UGC. Finance specialisation gets preference. Preferred but not compulsory: CFA, FRM, CA or Cost Accountant (CMA, earlier called ICWA). If your degree certificate does not name your specialisation, you must get a letter from the university that does.
Experience – Chief Manager
At least 7 years after your basic qualification, in forex and rupee markets. The work must be at a company, research firm, brokerage, bank, NBFC (non-banking finance company) or mutual fund. Teaching or training years do not count.
Experience – Manager
At least 3 years after your qualification, in equity, forex or debt research, at the same kinds of organisations. Teaching or training years do not count.
Age Limit
Chief Manager: 30 to 40 years. Manager: 24 to 36 years. Counted as on 30.09.2026, and the upper limit is for Unreserved candidates. Check your age eligibility →
Language
Good spoken and written English
Application Restriction
You may apply for both posts if you are eligible for both. If you send more than one application for the same post, only the last completed one is kept and the other fees are lost.
Category
Age Relaxation (Years)
OBC (Non-Creamy Layer)
3
SC / ST
5
PwBD – Low Vision (Unreserved)
10
PwBD – Low Vision (OBC)
13
PwBD – Low Vision (SC)
15
Non-creamy layer means OBC candidates outside the better-off group that gets no OBC benefits. For the Manager post, an OBC (non-creamy layer) candidate can be up to 39 and an SC candidate up to 41, and relaxations cannot be added together. The Chief Manager post has only an unreserved vacancy, and the notice says reserved-category candidates applying for an unreserved post must meet all the unreserved conditions, so check the limit of 40 for yourself.
Not sure whether you are within the age limit?
Enter your date of birth, the 30.09.2026 cut-off date and your category relaxation to see instantly whether you fall inside the 30 to 40 year band for Chief Manager or the 24 to 36 year band for Manager.
This is a regular job, not a contract. The notice calls it a regular post with 12 months of probation (a trial period), and says these Specialist Cadre posts cannot later be moved into SBI’s general cadre.
It suits people already working in forex, rupee markets or market research. Chief Manager needs 7 years in forex and rupee markets, and Manager needs 3 years in equity, forex or debt research, so a fresh MBA is not eligible.
With no written exam, your experience papers carry the weight. The employer’s certificate must say clearly that you worked in the required field, and years spent teaching or training are not counted.
If you work in a government office, a public sector undertaking or a nationalised bank, you need a No Objection Certificate (NOC, a letter from your employer allowing you to apply). Upload it with your form if you have it, or bring it to the interview.
Be ready to work in Mumbai, the suggested posting. SBI can send you to any of its offices in India, and it will not entertain requests for a particular place.
Selection Process
Stage
Details
1. Shortlisting
A committee set up by the bank decides the shortlisting rules, then calls a number of candidates for interview. Meeting the minimum qualification and experience does not guarantee a call, and the bank’s decision is final.
2. Interview
Carries 100 marks. The bank decides the qualifying marks (the minimum score you must reach) and the interview centre. Call letters go out by email or are put on SBI’s website, with no hard copy.
3. Merit list
Made in order of interview marks only. If candidates score the same at the cut-off mark, the older candidate is ranked higher.
In short: only the interview carries marks, and the final merit list is built from interview marks alone. Shortlisting decides whether you reach the interview, but it adds nothing to your score.
DA (dearness allowance), HRA (house rent allowance), CCA (city compensatory allowance), Provident Fund, Contributory Pension Fund (NPS), Leave Fare Concession (LFC), medical facility and other perks as per SBI rules in force
In plain terms, the pay scale is basic pay. It starts at Rs 1,02,300 a month for Chief Manager and Rs 85,920 for Manager, and it rises in fixed yearly steps, so 2,980/4 means four yearly raises of Rs 2,980. DA, HRA and the other allowances come on top.
Download the advertisement and read it fully before you start.
Click Apply Online and register with an email ID and mobile number that you will keep active until the result, because call letters are sent there.
Fill in the form and upload your photo, signature and documents. If you cannot finish in one go, you can save and come back to edit up to three times.
Pay the fee online if it applies to you, then submit and print the e-receipt and the application form.
Note: Hard copies of the application or documents should not be sent to SBI, and no other way of applying is accepted.
Photograph or signature rejected by the upload form?
SBI wants a photo of 20 to 50 KB (200 x 230 pixels preferred) and a signature of 10 to 20 KB (140 x 60 pixels preferred). Resize yours to the exact size here before you upload.
PDF; upload at registration if you have it, otherwise bring it to the interview (mandatory if you work in a government institute, PSU or public sector bank)
All documents must be in PDF, on A4 pages, and no larger than 500 KB each. Once uploaded, documents cannot be changed.
Do not wait for the last day. The website can slow down near the deadline, and SBI takes no responsibility if you cannot submit in time.
Check every field before you submit. No change is allowed after the window closes, and requests by post, email or in person are rejected.
Do not apply twice for the same post. Only your last completed application is kept, and the fee for the other one is lost.
Do not sign in capital letters. The notice says a signature in capital letters will not be accepted.
Get your experience certificate worded properly. It must say specifically that you worked in the required field, or it may not be accepted.
If you are OBC, keep a non-creamy layer certificate issued on or after 01.04.2026 ready for the interview, with the declaration SBI asks for.
Frequently Asked Questions
What is the last date to apply for the SBI Product and Research posts? You can apply online until 23.11.2026, and the fee must be paid by the same date.
How many vacancies are there? There are 7 posts in total: 1 Chief Manager and 6 Managers.
What qualification and experience do I need? You need an MBA, PGDM, PGDBM or PGDBA plus 7 years in forex and rupee markets for Chief Manager, or 3 years in equity, forex or debt research for Manager.
What is the age limit? Chief Manager candidates must be 30 to 40 years old and Manager candidates 24 to 36 years old on 30.09.2026, before any category relaxation.
How much is the application fee? General, EWS and OBC candidates pay Rs 750, and SC, ST and PwBD candidates pay nothing.
How do I apply? You apply online on SBI’s recruitment portal, and you may apply for both posts if you are eligible for both.
Is there a written exam? No, selection is by shortlisting and then an interview worth 100 marks, and the merit list uses interview marks only.
What is the salary? Basic pay starts at Rs 1,02,300 a month for Chief Manager and Rs 85,920 for Manager, with allowances such as DA and HRA on top.
Disclaimer: The information above has been compiled from the official notification for the convenience of job seekers. Candidates are advised to verify all details from the official website before applying.
