SBI Recruitment 2024: Check Salary, Qualification, Post, Last Date and More

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The State Bank of India (SBI) is accepting applications from eligible candidates for the position of Economist. Here is a detailed guide covering essential information about the recruitment process, eligibility criteria, application procedure, and more.

Recruitment Overview

Post and Vacancies

SBI is looking to fill the following positions:

  • Economist: 2 vacancies
Post NameNo. of Seats
Economist2

Age Limit

  • The age restrictions for applicants are:
  • Minimum Age: 22 years
  • Maximum Age: 28 years

Salary

  • The selected candidate will receive an annual salary of Rs. 18.00 Lakhs. The annual CTC, which is negotiable, will depend upon the experience and current emoluments of candidates in the present employment and place of posting, if any. The CTC comprises 80% fixed and 20% variable pay.

Qualifications

The following are the qualifications required for SBI Recruitment 2024:

  • A master’s degree in Economics / Econometrics / Statistics / Applied Statistics / Mathematical Statistics / Mathematical Economics / Financial Economics, with a minimum of 60% marks or an equivalent grade from a recognized university/institute of repute.
  • Any higher qualifications like PhD in Economics / Banking / Finance / Statistics / Mathematics will be given preference.

Tenure

  • The initial engagement is for a period of 1 year, which may be renewed for two terms of two years each at the discretion of the Bank.

Selection Procedure

The selection process for SBI Recruitment 2024 includes:

  • Shortlisting: Applications will be shortlisted based on qualifications and experience.
  • Interaction: This will carry 100 marks. The qualifying marks in the interview will be decided by the Bank.
  • Merit List: The merit list for selection will be prepared in descending order based on scores obtained in the interview only.

Application Fee

The application fee for SBI Recruitment 2024 is:

  • General/OBC/EWS: Rs. 750
  • SC/ST/PwBD: No fee

Payment can be made using a Debit Card, Credit Card, or Internet Banking.

How to Apply

Candidates meeting the eligibility criteria can apply online through the official website of SBI. No other mode of application will be accepted.

The steps to apply are:

  1. Visit the official SBI website.
  2. Fill out the application form with the required details.
  3. Submit the application along with the necessary documents.
  4. Pay the application fee as applicable.

Closing Date: The last date to submit the application form is August 6, 2024.

Important Link

Download Official Notification

FAQs for SBI Recruitment 2024

Q1. What is the post available in SBI Recruitment 2024?

A. The post of Economist is open.

Q2. How many vacancies are there in SBI Recruitment 2024?

A. There are 02 vacancies.

Q3. What is the tenure for SBI Recruitment 2024?

A. The tenure is for 01 year, which may be extended for two terms of two years each.

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