SBI Recruitment 2024: Notification Out for Vice President Post, Apply Now

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SBI Recruitment 2024: The State Bank of India (SBI) is inviting applications from eligible candidates for the position of Vice President (Corporate Communication and Marketing) under its Special Cadre Officers recruitment, on a contractual basis. According to the official notification of SBI Recruitment 2024, the maximum age limit for this position is 55 years. However, for exceptionally qualified candidates, the age limit can be relaxed by up to 3 years. The selected candidate will be appointed initially for a period of 3 years, with a possibility of extension for an additional 2 years, at the bank’s discretion.

Applicants from the General, EWS, and OBC categories must pay a non-refundable application fee of Rs.750, while candidates from SC/ST/PwBD categories are exempt from any fee.

As per the notification, there is only one vacancy for this post. The selection process includes shortlisting and an interview, followed by CTC negotiations. The selected candidate will receive an annual CTC of up to Rs.1 crore and will be posted in Mumbai. The applicant must hold a graduate degree from a recognized university approved by the government bodies, AICTE, or UGC, and should have at least 15 years of relevant experience. Interested candidates who meet the eligibility criteria must complete the online application form, attach all required documents, and submit it through the official SBI website before the specified deadline. The application process is now open.

Important Dates for SBI Recruitment 2024

Here are the key dates for SBI Recruitment 2024:

EventDates
Apply Online Start Date   22/10/2024
Last Date to Apply11/11/2024

SBI Recruitment 2024: Vice President Position Details

The State Bank of India (SBI) is seeking candidates for the role of Vice President (Corporate Communication and Marketing) under Special Cadre Officers on a contractual basis. According to the official SBI Recruitment 2024 notification, there is one vacancy available for this position.

PositionVacancy
Vice President1

Application Fee for SBI Recruitment 2024

As outlined in the official notification, candidates from the General/EWS/OBC categories are required to pay a non-refundable application fee of Rs. 750. However, SC/ST/PwBD candidates are exempt from any fees or intimation charges.

Payment can be made online through the available payment gateway, using options such as Debit Card, Credit Card, or Internet Banking.

Place of Posting for SBI Recruitment 2024

The selected candidate will be based in Mumbai, as stated in the official SBI Recruitment 2024 notification.

Age Limit for SBI Recruitment 2024

As per the official notification, candidates must not exceed 55 years of age. However, this age criterion may be relaxed by up to 3 years for suitable candidates.

Qualifications for SBI Recruitment 2024

Candidates interested in applying for SBI Recruitment 2024 should hold a graduate degree from a recognized university approved by government bodies such as AICTE or UGC.

Preferred Qualifications: Preference will be given to those with a management degree, such as an MBA, PGDBM, or PGDM.

Experience Requirements for SBI Recruitment 2024

Candidates must possess a minimum of 15 years of comprehensive experience in Marketing and Communications, with a focus on marketing expansion within the e-Commerce, Banking, Fintech, or consumer-facing industries.

  • Out of the total 15 years, at least 5 years must be in the BFSI sector, and 3 years should be in a senior management role.
  • Training and teaching experience will not be considered for eligibility.

Contract Duration for SBI Recruitment 2024

The selected candidate will be appointed on an initial contract of 3 years, which may be extended for an additional 2 years at the bank’s discretion. Either party can terminate the contract with a three-month notice period or by providing three months’ compensation in lieu.

Remuneration for SBI Recruitment 2024

According to the SBI Recruitment 2024 notification, the selected candidate will receive an annual cost to company (CTC) of up to Rs. 1 Crore. This CTC includes 80% fixed pay and 20% variable pay, with potential annual increments of up to 10% based on performance.

Selection Process for SBI Recruitment 2024

The selection will involve shortlisting and subsequent interactions. Following this, CTC negotiations will take place.

  • Shortlisting: Meeting minimum qualifications does not guarantee an invitation for interaction. The bank’s decision regarding candidate interactions will be final.
  • Merit List: A merit list will be generated based solely on scores from the interactions.
  • CTC Negotiation: Candidates will be negotiated with one by one in order of their merit list rank. If a selected candidate does not accept the negotiated offer, their name will be removed, and the next candidate on the merit list will be approached.

How to Apply for SBI Recruitment 2024

Eligible candidates should follow these steps to apply for SBI Recruitment 2024:

  1. Register online through the link available on the SBI website.
  2. Scan your latest photograph and signature.
  3. Carefully fill out the application form.
  4. Submit the completed application.
  5. Pay the application fee.
  6. Click on the submit button.
  7. Print a copy for your records.

The last date to submit the online application form is 11.11.2024.

FAQs about SBI Recruitment 2024

  1. What is the Application Fee for SBI Recruitment 2024?
    Candidates from the General/EWS/OBC categories must pay a non-refundable application fee of Rs. 750, while SC/ST/PwBD candidates are exempt from fees.
  2. How can candidates fill out the application form?
    Applications must be submitted online for SBI Recruitment 2024.
  3. What is the deadline for submitting applications?
    The deadline for applying for the position is 11.11.2024.

SBI Recruitment 2024 Notification PDF & Apply Online Form Link

Notification PDFClick Here
Apply OnlineClick Here