The State Bank of India (SBI), the nation’s premier banking institution, has announced a significant recruitment drive for 2025, aiming to onboard 1,194 Concurrent Auditors. This initiative is tailored for retired officers from SBI and its erstwhile Associate Banks (e-ABs), offering them an opportunity to re-engage with the banking sector and contribute their vast experience to the institution’s auditing processes.
Understanding the Role of a Concurrent Auditor
Concurrent Auditors play a pivotal role in the internal control mechanism of banks. Their primary responsibility is to conduct real-time examinations of financial transactions to ensure accuracy, compliance with regulatory norms, and the early detection of irregularities. By doing so, they help maintain the integrity of banking operations and bolster stakeholder confidence.
Detailed Overview of the Recruitment Drive
- Total Vacancies: 1,194 Concurrent Auditor positions
- Application Mode: Online submissions only
- Application Window: February 18, 2025, to March 15, 2025
- Official Website for Application: sbi.co.in
Breakdown of Vacancies by Circle
The vacancies are distributed across various SBI circles to ensure comprehensive coverage and effective auditing processes:
- Ahmedabad: 124 positions
- Amravati: 77 positions
- Bengaluru: 49 positions
- Bhopal: 70 positions
- Bhubaneswar: 50 positions
- Chandigarh: 96 positions
- Chennai: 88 positions
- Guwahati: 66 positions
- Hyderabad: 79 positions
- Jaipur: 56 positions
- Kolkata: 63 positions
- Lucknow: 99 positions
- Maharashtra: 91 positions
- Mumbai Metro: 16 positions
- New Delhi: 68 positions
- Patna: 50 positions
- Thiruvananthapuram: 52 positions
Eligibility Criteria
To ensure that the most qualified and experienced individuals are selected, SBI has set forth specific eligibility requirements:
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Retirement Status: Candidates must have retired from SBI or its e-ABs upon reaching the superannuation age of 60. Those who opted for voluntary retirement, resigned, were suspended, or left the bank before superannuation are ineligible.
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Previous Designation: Eligible candidates should have retired at the following grades:
- Middle Management Grade Scale III (MMGS-III)
- Senior Management Grade Scale IV/V (SMGS-IV/V)
- Top Executive Grade Scale VI (TEGS-VI)
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Age Limit: The maximum permissible age for applicants is 65 years. This ensures that candidates are physically and mentally fit to undertake the responsibilities associated with the role.
Selection Process
SBI has designed a streamlined selection process to identify the most suitable candidates:
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Shortlisting: A dedicated committee will evaluate the applications based on predefined parameters. Meeting the basic eligibility does not automatically guarantee an interview call.
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Interview: Shortlisted candidates will be invited for an interview, which carries a total of 100 marks. The bank will determine the qualifying marks. The interview aims to assess the candidates’ expertise, understanding of banking operations, and their ability to adapt to the concurrent auditing role.
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Merit List: Post-interview, a merit list will be prepared in descending order of the interview scores. In cases where multiple candidates achieve the same score, the older candidate will be given preference.
Application Procedure
Interested and eligible candidates are required to follow these steps to apply:
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Online Registration:
- Visit the official SBI career portal: sbi.co.in/careers
- Navigate to the “Recruitment” section and select the “Concurrent Auditor Recruitment 2025” link.
- Complete the registration process by providing a valid email address and mobile number.
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Application Form Completion:
- Log in using the credentials provided during registration.
- Fill in personal details, educational qualifications, and professional experience accurately.
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Document Upload:
- Upload scanned copies of the following documents:
- Recent passport-sized photograph
- Signature
- Proof of age (e.g., birth certificate, Aadhaar card)
- Retirement letter or proof of superannuation
- Service certificate from SBI or e-ABs
- Any other relevant certifications or documents
- Upload scanned copies of the following documents:
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Review and Submission:
- Carefully review all entered information and uploaded documents.
- Submit the application form.
- After submission, download and print the application confirmation for future reference.
Key Dates to Remember
- Application Start Date: February 18, 2025
- Application End Date: March 15, 202