A maximum monthly compensation of ₹80,000 is being offered under the SBI Concurrent Auditor Recruitment 2026 for retired officers of State Bank of India and its erstwhile associate banks. With 821 vacancies available across multiple SBI circles in India, this contractual engagement provides an excellent opportunity for experienced retired banking professionals to continue contributing to the banking sector.
The SBI Concurrent Auditor Recruitment 2026 is especially beneficial for retired officers with audit, credit, forex, or inspection experience who wish to remain professionally active after superannuation. Since the role involves concurrent audit and compliance verification in SBI branches, candidates with deep knowledge of banking procedures and systems can find strong career value in this engagement. Eligible retired officers must complete the online application process before the last date.
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SBI Concurrent Auditor Recruitment 2026 Overview
| Particulars | Details |
|---|---|
| Organization Name | State Bank of India (SBI) |
| Post Name | Concurrent Auditor |
| Total Vacancies | 821 |
| Job Location | Across SBI Circles in India |
| Application Mode | Online |
| Job Type | Contractual Engagement |
| Important Dates | 14 May 2026 to 11 June 2026 |
| Salary/Pay Scale | ₹45,000 to ₹80,000 per month |
| Qualification | Not Mentioned |
| Age Limit | Maximum 63 years as on 14 May 2026 |
| Experience | Retired SBI Officers with audit/credit/forex experience preferred |
| Application Fee | Not Mentioned |
| Selection Process | Shortlisting and Interview |
| Official Website | https://sbi.co.in |
Important Dates
| Event | Date |
|---|---|
| Notification Release Date | 14 May 2026 |
| Online Application Start Date | 14 May 2026 |
| Last Date to Apply Online | 11 June 2026 |
| Interview Date | To Be Announced |
Vacancy Details
The SBI Concurrent Auditor Recruitment 2026 notification has announced 821 vacancies for retired officers under different SBI circles across India.
Circle-Wise Vacancy Distribution
| SBI Circle | Vacancies |
|---|---|
| Jaipur | 95 |
| Mumbai Metro | 80 |
| Bengaluru | 64 |
| Maharashtra | 61 |
| Thiruvananthapuram | 59 |
| Bhubaneswar | 57 |
| Chennai | 54 |
| New Delhi | 50 |
| Chandigarh | 47 |
| Kolkata | 44 |
| Bhopal | 38 |
| Patna | 38 |
| Gandhinagar | 36 |
| Lucknow | 30 |
| Hyderabad | 26 |
| Amaravati | 21 |
| Guwahati | 21 |
The vacancies also include reserved and backlog positions for various categories including SC, ST, OBC, EWS, and PwBD candidates.
Eligibility Criteria
Educational Qualification
The official notification has not specified any mandatory educational qualification. However, the recruitment is open only for retired SBI officers and officers from erstwhile associate banks.
Experience Requirement
The SBI Concurrent Auditor Recruitment 2026 primarily targets retired banking officers with strong operational and compliance experience. Preference will be given to candidates with background in:
- Audit
- Credit operations
- Forex transactions
- Inspection and compliance
Applicants must have retired from SBI or its associate banks on superannuation. Officers who resigned, voluntarily retired before eligibility conditions, or were suspended are not eligible.
Eligible Grades
The following retired grades are eligible:
- MMGS-III
- SMGS-IV
- SMGS-V
- TEGS-VI
Age Limit
The maximum age limit for fresh engagement is 63 years as on 14 May 2026.
The engagement period will continue up to:
- Maximum 3 years
OR - Until attaining 65 years of age
whichever is earlier.
No additional age relaxation has been mentioned for reserved categories.
Salary & Benefits
Under SBI Concurrent Auditor Recruitment 2026, selected retired officers will receive fixed monthly compensation depending upon their retired scale.
| Retired Grade | Monthly Compensation |
|---|---|
| MMGS-III | ₹45,000 |
| SMGS-IV | ₹50,000 |
| SMGS-V | ₹65,000 |
| TEGS-VI | ₹80,000 |
For cluster audits involving multiple branches, an additional ₹2,000 per branch visit may be paid for currency chest verification, forex transactions, and related assignments.
The engagement does not provide:
- Provident Fund
- Gratuity
- Medical reimbursement
- Additional pension benefits
However, retired officers will continue to receive pension-related facilities as SBI pensioners.
This contractual role offers a valuable opportunity for retired officers to remain professionally engaged while utilizing their banking expertise in compliance and audit functions.
Application Fee
The official notification has not mentioned any application fee.
| Category | Fee |
|---|---|
| General | Not Mentioned |
| OBC | Not Mentioned |
| SC/ST | Not Mentioned |
| Payment Mode | Not Mentioned |
Selection Process
The SBI Concurrent Auditor Recruitment 2026 selection process consists mainly of shortlisting and interview evaluation.
Shortlisting of Candidates
Applications will first be scrutinized by the Shortlisting Committee constituted by SBI. Mere fulfilment of eligibility conditions does not guarantee interview selection.
The bank may shortlist candidates based on:
- Experience profile
- Suitability
- Audit background
- Banking exposure
Interview Process
Shortlisted candidates will be called for interview carrying 100 marks. The bank will decide qualifying marks internally.
Candidates must attend the interview at their own expense because no TA/DA will be provided.
Merit List Preparation
The final merit list will be prepared purely on interview scores. In case of tie marks, older candidates will receive higher merit ranking.
Preparation Tip
Retired officers should refresh their knowledge of:
- Credit monitoring
- Internal audit procedures
- Banking compliance
- Forex transactions
- RBI operational guidelines
Strong understanding of SBI operational systems can significantly improve interview performance.
How to Apply – Step by Step
Step 1:
Visit the official website https://sbi.co.in
Step 2:
Open the Careers section and locate the SBI Concurrent Auditor Recruitment 2026 notification.
Step 3:
Read the detailed notification carefully and verify eligibility conditions.
Step 4:
Register online using a valid email ID and mobile number.
Step 5:
Fill in personal details, service information, retirement details, and experience carefully.
Step 6:
Upload photograph, signature, PPO copy, ID proof, and other required documents in prescribed format.
Step 7:
Review the application form carefully and submit the online application.
Step 8:
Download and save the application confirmation page for future reference.
Is This Job Right for You?
The SBI Concurrent Auditor Recruitment 2026 is ideal for retired SBI officers who possess strong banking operations, audit, or compliance experience and wish to continue contributing professionally after retirement. Officers with background in internal audit, forex operations, branch administration, and credit monitoring are likely to fit this role well.
Candidates seeking full-time permanent employment or fresh entrants from outside SBI should not apply because the recruitment is strictly limited to eligible retired SBI officers and associate bank officers.
This engagement offers excellent professional continuity and allows experienced officers to remain connected with the banking sector while earning fixed monthly compensation. One useful preparation tip is to revise recent RBI circulars, audit procedures, and internal compliance systems before appearing for the interview.
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Frequently Asked Questions
Q1: What is the last date to apply for SBI Concurrent Auditor Recruitment 2026?
The last date to apply online is 11 June 2026.
Q2: What is the salary for SBI Concurrent Auditor posts?
Selected candidates can receive compensation ranging from ₹45,000 to ₹80,000 per month depending on retired grade.
Q3: Who can apply for SBI Concurrent Auditor Recruitment 2026?
Retired SBI officers and officers from erstwhile associate banks who retired on superannuation are eligible.
Q4: What is the selection process for SBI Concurrent Auditor Recruitment 2026?
The selection process includes shortlisting and interview.
Q5: Is prior audit experience necessary?
Preference will be given to candidates with experience in audit, credit, forex, or inspection-related functions.
Q6: What is the maximum age limit for this recruitment?
The maximum age limit is 63 years as on 14 May 2026.
Q7: Is there any application fee?
No application fee has been mentioned in the official notification.
Conclusion
The SBI Concurrent Auditor Recruitment 2026 provides an excellent post-retirement opportunity for experienced SBI officers to continue working in banking audit and compliance functions. With 821 vacancies across India and compensation up to ₹80,000 per month, the engagement offers both professional continuity and financial benefit. Eligible retired officers should complete the online application process before 11 June 2026 through the official SBI careers portal and continue visiting SarkaarNaukri.com for the latest banking recruitment updates.