SBI Business Analyst Recruitment 2026 –(Contract Specialist Cadre Officer)

State Bank of India (SBI) has invited online applications for the post of Business Analyst on a contract basis under the Specialist Cadre Officer (SCO) recruitment drive. This high‑visibility profile focuses on market analysis, competitor intelligence and strategic business development for India’s largest public sector bank.

Overview of the Recruitment

Post: Business Analyst (Specialist Cadre Officer – Contract)
Engagement Type: Contractual
Advertisement No.: CRPD/SCO/2025-26/26
Total Vacancies: 1 (Unreserved) with 1 horizontal backlog vacancy for PwBD (Visual Impairment – VI)
Age Limit (as on 31.01.2026): 21 to 27 years for UR, with relaxation for OBC/SC/ST/PwBD as per Government of India rules
Place of Posting: Mumbai or anywhere in India, as per administrative requirement
Online Registration & Fee Payment: 24.02.2026 to 16.03.2026
Selection Process: Shortlisting followed by Interview (100 marks)
Official Application Page: https://sbi.co.in/web/careers/current-openings

SBI has been recognised as the World’s Best Consumer Bank 2025 by Global Finance and is ranked among the strongest brands in India, which makes this contract role especially attractive for ambitious professionals.

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Vacancy, Contract & CTC Details

Vacancies

Post	Category	PwBD (VI – backlog, horizontal)	Total
Business Analyst	UR	1	1

Reservation for PwBD is horizontal and within the overall vacancy of the parent category.
The number of vacancies is provisional and may change based on SBI’s actual requirements.

Contract Period, CTC & Variable Pay

Contract Period: 5 years (terminable by either side with 3 months’ notice or 3 months’ compensation in lieu).
Annual CTC (Upper Range): ₹25.00 lakhs (negotiable as per candidate’s experience, current emoluments and place of posting).
CTC Structure:
- Fixed Pay: 85% of CTC
- Variable Pay: 15% of CTC
Annual Increment Band: Up to 10% from the second year onwards, subject to performance.

Performance‑linked Variable Pay Grid

Performance Score	Variable Pay Payout
99 – 100%	100% of variable pay
97 – 98.99%	90%
94 – 96.99%	80%
90 – 93.99%	70%
Below 90%	NIL

This performance‑linked structure rewards high performers who consistently deliver strong market insights and business support.

Eligibility Criteria

All eligibility criteria are reckoned as on 31.01.2026.

Age

Minimum: 21 years
Maximum: 27 years (Unreserved)

Upper Age Relaxation (where applicable)

OBC (Non‑Creamy Layer): 3 years
SC/ST: 5 years
PwBD:
- PwBD (UR/EWS): 10 years
- PwBD (OBC): 13 years
- PwBD (SC/ST): 15 years

Cumulative age relaxation across multiple categories is not permitted.

Essential Educational Qualification

Graduation in any discipline from a Government‑recognised University/Institution with minimum 60% marks.
AND
MBA / Post Graduate Diploma in Management in Marketing/Finance or both, or equivalent, from a recognised institution approved by Government bodies/AICTE/UGC.

Important Notes

The prescribed educational qualification is minimum; candidates must also possess relevant, full‑time post‑qualification experience as on the specified date.
If the degree/diploma does not clearly specify the field of specialization, a separate certificate from the university/college specifying the specialization must be produced.
Where marks are awarded in CGPA/OGPA, they must be converted into percentage as per university norms, and the conversion certificate must be produced at the time of interview.

Experience

Mandatory:
- Minimum 1 year of post‑qualification experience.
Preferred:
- Experience in the BFSI sector (banks, financial institutions, etc.).

The experience certificate must clearly mention that the candidate worked in the relevant field as per requirement.

Desired Skill Set

The ideal Business Analyst for SBI should possess:

Capability for scenario analysis and business projections.
Strong exposure to market scanning, competitor analysis and product comparison in MNC/BFSI/Corporate environments.
Ability to prepare case studies, approach papers and presentations for senior stakeholders.
Excellent analytical and critical‑thinking skills.
Proficiency in MS Office suite (Excel, PowerPoint, Word).
Strong communication and presentation abilities.

Job Profile & Key Responsibilities

The Business Analyst will help SBI sharpen its market positioning by continuously tracking market trends, competitor strategies and customer needs.

Job Profile (Indicative)

Bringing market perspective and relevant insights to management.
Understanding the banking requirements of various customer segments.
Maintaining updated information on competitor offerings in the banking domain.
Conducting regular SWOT analysis of SBI’s products and services.
Strategizing and innovating to maintain and expand SBI’s competitive edge.

Key Responsibility Areas (KRAs)

Market scanning – tracking SBI’s market share in deposits and advances.
Analysing competitors’ strengths and weaknesses.
Studying products and propositions of other banks.
Strategizing for business development.
Identifying areas for improvement to strengthen SBI’s market position.
Driving innovative ideation for products and services.
Conducting scenario analysis for business impact.
Preparing case studies, approach papers and high‑quality presentations.
Performing any additional tasks assigned as per business exigencies.

Actual detailed KRAs will be assigned on joining and can be modified by the Bank from time to time.

Reservation, PwBD & CIBIL Conditions

Reservation & PwBD Rules

Reservation for Persons with Benchmark Disabilities (PwBD) is horizontal and is included in the overall vacancies of the respective parent category.
Only persons with benchmark disabilities (at least 40% of a specified disability) are eligible to claim PwBD reservation, as per the Rights of Persons with Disabilities Act, 2016.
PwBD candidates must upload a valid Disability Certificate issued by a competent authority, dated on or before the last date of application registration.
OBC candidates in the creamy layer are not entitled to reservation or age relaxation; such candidates must apply under the UR category.
OBC (Non‑Creamy Layer) candidates must submit an OBC certificate containing the “non‑creamy layer” clause, issued between 01.04.2025 and the date of interview.
Benefits of reservation/relaxation (OBC, PwBD, etc.) can be availed only on production of valid certificates in the prescribed Government of India format.

CIBIL / Default Conditions

Applicants who have defaulted on repayment of any facility from Banks/NBFCs/Financial Institutions (including credit cards) and have not regularised or repaid such dues by the date of offer of engagement are not eligible for appointment.
Candidates who regularise or repay their outstanding dues on or before the date of issue of offer but whose CIBIL status is not updated must either:
- Get the CIBIL record updated, or
- Produce a No‑Dues Certificate from the concerned lender(s).
If they fail to do so, the offer of engagement may be withdrawn/cancelled.

Selection Process

The selection for SBI Business Analyst (Contract SCO) will be based on Shortlisting and Interview.

Shortlisting

Shortlisting will be carried out by a committee constituted by the Bank, based on parameters decided by SBI.
Merely fulfilling the minimum eligibility criteria does not confer any right to be called for interview.
The decision of the Bank regarding calling candidates for interaction will be final; no correspondence will be entertained in this regard.

Interview

The interview carries 100 marks.
The qualifying marks in the interview will be decided by the Bank.
No representation or request regarding interview marks or criteria will be entertained.

Final Merit List

The merit list will be prepared in descending order of marks obtained in the interview only.
If more than one candidate scores the same cut‑off marks, the older candidate (by age) will be placed higher in the merit list.

How to Apply Online

Important Dates

Start of Online Registration & Fee Payment: 24.02.2026
Last Date for Online Registration & Fee Payment: 16.03.2026

Step‑by‑Step Process

1. Visit SBI Careers Portal

Go to: https://sbi.co.in/web/careers/current-openings
Scroll down to the advertisement CRPD/SCO/2025-26/26 (Business Analyst – Contract).
Download and read the detailed advertisement carefully before applying.

2. Register Online

Click “Apply Online”.
Register with a valid email ID and mobile number; both must remain active till the completion of the recruitment process.

3. Fill the Online Application Form

Enter personal details, educational qualifications and work experience with care.
If you cannot complete the form in one sitting:
- Save the information entered.
- The system will generate a provisional Registration Number and Password and display them on the screen – note these for future use.
- You may reopen and edit the saved application using these credentials.
- Editing is allowed up to three times only before final submission.
After ensuring all details are correct, submit the application and proceed for online fee payment.
After registration, candidates are advised to take a printout of the system‑generated application form.

4. Upload Photograph, Signature & Documents

Photograph Specifications

Recent passport‑style colour photograph.
Size: 20–50 KB.
Dimensions: 200 × 230 pixels (preferred).
Background: light‑coloured, preferably white.
Face should be clearly visible with no harsh shadows or red‑eye.
No caps, hats or dark glasses (religious headwear allowed if face is fully visible).

Signature Specifications

Signature with black ink on white paper.
Must be signed by the applicant only.
Size: 10–20 KB.
Dimensions: 140 × 60 pixels (preferred).
Signature in capital letters will not be accepted.

Documents to Upload (PDF, A4, ≤ 500 KB each)

Biodata (in prescribed format)
Resume
ID proof
Proof of date of birth
Educational certificates and mark‑sheets
Experience certificates
Caste/EWS certificate (if applicable)
PwBD certificate (if applicable)
Preferred qualification/certifications (if any)
Form‑16 / Offer Letter / Latest salary slip from current employer
CTC Negotiation Form

Upload Procedure & Quality Check

Use the separate upload link provided for each document category.
Click “Upload”, select the file and confirm.
Use “Preview” to ensure that the document is clear and legible.
If file size/format is incorrect, an error message will appear—fix and re‑upload.
Once the application is finally submitted, uploaded documents cannot be edited.
If the face in the photograph or the signature is unclear, the application may be rejected.

5. Pay Application Fee

Application Fees & Intimation Charges (Non‑refundable):
- General / EWS / OBC: ₹750
- SC / ST / PwBD: No fee
Payment Mode: Online only via payment gateway (Debit Card, Credit Card, Internet Banking, UPI, etc.).
Transaction charges, if any, will be borne by the candidate.
After successful payment:
- An e‑receipt and the application form bearing the date of submission will be generated.
- Candidates should print and retain both documents.
If payment fails on the first attempt, candidates should make fresh attempts to complete the online payment.

Important Instructions from the SBI Notification

Candidates must apply only through the SBI Careers website; no other mode of application is accepted.
Registration is considered complete only after the fee is successfully paid (where applicable) on or before the last date.
Hard copies of the application form and documents should not be sent to SBI.
No change/correction/modification in the application will be allowed after the closure of the online application window.
All stages of recruitment (shortlisting, interview, etc.) are provisional and subject to verification of documents and eligibility at the time of interview/joining.
Candidates must have and maintain a valid email ID and mobile number for receiving communication such as call letters and interview advice; no hard copy call letter will be sent.
If multiple applications are submitted for the same post, only the last valid (completed) application will be retained and fees paid for earlier registrations will be forfeited; multiple appearances at interview/joining may lead to cancellation of candidature.

General Conditions & Legal Notes

Engagement is subject to the candidate being declared medically fit and clearing all background, reference and antecedent checks as per Bank’s requirements.
Candidates working in Govt./Quasi Govt. offices, PSUs, Nationalised Banks and Financial Institutions must produce a No Objection Certificate (NOC) from their employer at the time of interview; failing this, their candidature will not be considered and travel expenses will not be reimbursed.
On selection, candidates must submit a proper discharge certificate from their current employer at the time of taking up engagement.
SBI reserves the right to change the number of vacancies, and to cancel/modify the recruitment process either entirely or partially at any stage, without assigning any reason; the Bank will not be liable to refund fees or pay compensation.
Outstation candidates called for interview may be reimbursed economy‑class air fare for the shortest route in India, up to ₹10,000 (total for both sides) or actual travel cost in India, whichever is lower; local conveyance is not reimbursed and no reimbursement is made if the candidate is found ineligible.
All disputes related to this recruitment will be subject to the exclusive jurisdiction of courts/tribunals/forums at Mumbai only.
At the time of interview, candidates must disclose details of any pending criminal cases; suppression of material facts can result in cancellation/termination at any stage, even after selection and joining.

GrowInJob Editorial Commentary & Preparation Guide

Why this SBI Business Analyst Role Matters

This position offers a rare blend of strategic exposure and analytical depth within India’s largest bank. You will work at the heart of SBI’s business planning engine, providing data‑backed insights on market share, competition and product positioning.

Highlights:

Hands‑on involvement in tracking SBI’s market share in key segments like deposits and advances.
Opportunity to influence product and business strategies through structured SWOT analysis, competitor benchmarking and scenario‑based projections.
Performance‑linked variable pay with scope for strong career growth within SBI’s specialist cadre framework.

Who Should Consider Applying?

You are an excellent fit if:

You’re currently in a BFSI/consulting/corporate strategy role handling market research, competitor analysis or business analytics.
You hold an MBA/PGDM (Marketing/Finance) with at least 1 year of relevant experience and are comfortable with Excel‑based analysis and management presentations.
You enjoy turning data into actionable insights and presenting your recommendations to senior stakeholders.

If you come from a more operations‑oriented background but have significant exposure to analysis and presentations, you can still apply—be prepared to demonstrate your analytical rigour in the interview.

Practical Interview Preparation Plan

Understand SBI’s Business Context
- Study SBI’s major retail and corporate products, digital initiatives and how it positions itself versus private sector and other PSBs.
- Think through where SBI could gain or lose market share in deposits/advances, based on interest‑rate trends and competitor actions.
Prepare Market & Competitor Case Studies
Build 2–3 short examples from your work where you:
- Analysed a customer segment or market using data.
- Benchmark‑analysed competitor products, pricing or features.
- Made recommendations that impacted business decisions.
Sharpen Analytical & Presentation Skills
- Brush up on Excel (pivots, lookups, basic modelling, charts) and PowerPoint storytelling.
- Practise converting a raw dataset into 3–4 slides with a clear narrative: current position, insights, recommendations.
Prepare for Behavioural Questions
Likely questions:
- “Describe a time you identified a business opportunity through your analysis.”
- “How do you handle conflicting inputs from different stakeholders in a project?”
Show structured thinking, stakeholder management and ownership of outcomes.
Pitfalls to Avoid
- Speaking only in broad marketing jargon without concrete, quantified examples.
- Underplaying the quantitative nature of the role; SBI expects comfort with numbers, projections and scenario analysis.
- Ignoring compliance aspects like document completeness, CIBIL conditions and eligibility proofs, which can derail selection even after interview.

SBI Business Analyst Recruitment 2026 – FAQs

Q1. What is the salary/CTC for SBI Business Analyst (Contract SCO) 2026?
The upper band of annual CTC is ₹25.00 lakhs, with 85% as fixed pay and 15% as performance‑linked variable pay; increments up to 10% may be given from the second year onwards based on performance.

Q2. What is the last date to apply for SBI Business Analyst Recruitment 2026?
The last date for online registration and fee payment is 16 March 2026.

Q3. What is the age limit for SBI Business Analyst Recruitment 2026?
Candidates must be between 21 and 27 years (for Unreserved category) as on 31 January 2026. Age relaxation is available for OBC/SC/ST/PwBD candidates as per Government of India rules.

Q4. Is BFSI experience mandatory for SBI Business Analyst role?
Minimum 1 year of post‑qualification experience is mandatory. BFSI experience is preferred but not strictly mandatory.

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GrowInJob.com does not charge any fee from candidates and does not act as an employer or recruiting agency. We only curate and simplify official recruitment information for job seekers.

While we have carefully summarised SBI Advertisement CRPD/SCO/2025-26/26, candidates must verify all key details—vacancies, eligibility, age, fees, important dates and selection process—from the official SBI notification and careers page before applying.

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For complete details and any updates, always refer to the official SBI notification at: https://sbi.co.in/web/careers/current-openings

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