SBI is Hiring Concurrent Auditors (2025): Concurrent Auditor Post,
Check Age Limit, 1194 Vacancies Open For Selection Process, and How to Apply
Hey there! SBI (State Bank of India) is looking for Concurrent Auditors, and they’ve got quite a few spots to fill — around 1,194 positions, though that number might change when they make the official announcement.
Who Can Apply? SBI Concurrent Auditors Post
If you’re between 21 and 63 years old, you’re in the right age range. And yes, if you’re a retired bank officer, you can throw your hat in the ring. There’s some wiggle room on the age limit if you fall under the SC/ST/OBC/PWD categories.
What You Need
You’ll need one of these:
- A CA degree
- An MBA or PGDM in Finance
- A Commerce/Finance degree plus 2-5 years of audit experience in banking
A quick tip: If you’re a retired Scale II (or above) officer from SBI or other public sector banks with audit experience, they’re especially interested in you.
Getting the Job SBI Concurrent Auditors Post
There is no written test for this one! They’ll look at your background and experience, then call you in for an interview if you cut. Your final score will probably depend mostly on how you do in the interview (about 80%), with your experience making up the rest.
How to Sign Up
Head over to SBI’s careers website (https://www.sbi.co.in/web/careers) when applications open. You’ll need to:
- Fill out your details online
- Upload your photo, signature, and important documents
- Pay the application fee (around ₹750 if you’re in the general/OBC category, free for SC/ST/PWD)
The Job Details
This contract position is usually for 1-2 years with the possibility of extension. Pay typically ranges from ₹30,000 to ₹45,000 per month, depending on your
experience. You’ll be doing real-time branch audits, checking compliance, and helping prevent fraud.
A Word of Advice
Keep an eye on SBI’s career portal for the official announcement — that’s where you’ll get the exact details about eligibility, pay, and when to apply. If you’re a retired banker or CA with audit experience, definitely consider applying. Start getting your paperwork in order now (especially those experience certificates and age proof) to save yourself some hassle later.
# Just remember: These details are based on SBI’s previous hiring patterns. The actual requirements might be a bit different when they release the official 2025 announcement.
SBI Concurrent Auditor Position (2025) – Complete Guide
About the Role
SBI is hiring 1,194 Concurrent Auditors to work under the Internal Audit Department in Hyderabad. You’ll be posted under the CAO of your applied Circle.
Who We’re Looking For
We’re specifically seeking retired SBI and e-Associate bank officers who:
- Retired at age 60 through superannuation
- Were in MMGS-III, SMGS-IV/V, or TEGS-VI positions
- Have experience in credit, audit, or Forex
- Live near the branch/outfit location (preferred)
- Maintain good health
- Have a clean service record
Important Age Requirements
- Must be under 63 years old as of February 18, 2025
- Can work until age 65
Contact Details
- Duration: 1-3 years (or until age 65, whichever comes first)
- Monthly Compensation (Fixed):
- MMGS-III: ₹45,000
- SMGS-IV: ₹50,000
- SMGS-V: ₹65,000
- TEGS-VI: ₹80,000
- Additional ₹2,000 per visit/branch for cluster audits
Key Responsibilities
You’ll be handling:
- Loan document verification
- Deposit account compliance
- Remittance and bill transaction checks
- Foreign exchange verification
- Cash transaction monitoring
- Daily banking activity oversight
Working Conditions
- Full-time position
- Standard bank working hours
- 30 days of leave per year
- No additional benefits beyond pension
- Cannot take other assignments during the contract period
Selection Process
- Initial shortlisting based on qualifications
- Interview (100 marks)
- Merit list created based on interview scores
- Age seniority used as a tiebreaker
Important Eligibility Notes
You’re NOT eligible if you:
- Took voluntary retirement (except those who completed 58 years + 30 years of service)
- Resigned or were suspended
- Have pending CBI or legal cases
- Received penalties in the last five years of service
- Have questionable integrity records
How to Apply
- Submit only ONE application per Circle
- Successful candidates must sign a Service Level Agreement
- Must maintain confidentiality of bank information
- Income tax will be deducted from the source
Contract Terms
- 30-day notice period for termination from either side
- Bank may terminate immediately if absent for over 7 days without approval
- No PF, bonus, or additional pension benefits
- No reimbursement of medical expenses
For Reserved Categories
- Standard reservation policies apply
- OBC candidates in creamy layer must apply under the General category
- Must submit valid caste certificates
- No age relaxation available for reserved categories
Ready to Apply?
Selected candidates will join a pool valid for 1 year or until the next recruitment drive. You’ll be deployed based on vacancy availability, and declining your preferred center will move you to the bottom of the merit list.
Note: All details are subject to change. The Bank reserves the right to modify vacancy numbers and selection criteria.
Here: Notification Download