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Concurrent Auditor Recruitment 2025 1194 Posts – Selection in Progress – India – 2025

State Bank Of India
Domain: Finance & Banking
Employment Type: Contract
Stage: Selection Process - Final Selection List

Posted: 7 months ago

Posts: 1194

Location: CENTRAL

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Job Details

The State Bank of India (SBI) is inviting applications from retired officers of SBI and its erstwhile Associate Banks for the position of Concurrent Auditor on a contractual basis. The role involves verifying loan documents, deposit accounts, and other banking operations to ensure compliance with the Bank's guidelines. The engagement is for a minimum of 1 year and a maximum of 3 years, or until the age of 65, whichever is earlier.

Level:
central
Cities:
Gandhinagar, Hyderabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Jaipur, Kolkata, Lucknow, Mumbai, Thiruvananthapuram
Other Information:
  • Place of Posting: Under CAO of applied Circle.

Job Summary

SBI is seeking retired bank officers for the role of Concurrent Auditor. The position offers a contractual engagement with a focus on auditing and compliance. Applications are open from February 18 to March 15, 2025. Interviews are scheduled from May 21, 2025, across various locations. The provisional selection list has been released, subject to document verification.

Important Dates

#EventDate
1Notification Release DateFebruary 18, 2025
2Application Start DateFebruary 18, 2025
3Application End DateMarch 15, 2025
4Interview Start DateMay 21, 2025
5Interview End DateMay 23, 2025
6Provisional Selection List Release DateMay 31, 2025

Fee Structure

Eligibility Criteria

1. Other Educational Qualifications

CriteriaDetails
ExperiencePreferred experience in credit/audit/Forex background.

2. Age Limit

CriteriaDetails
Age RangeN/A - 63 years
Age Limit As On18 Feb 2025
General CategoryMaximum age of 63 years for fresh engagement.

3. Citizenship

CriteriaDetails
NationalityMust be an Indian citizen.

4. Other Eligibility

CriteriaDetails
Retirement CriteriaThe officer should have retired from the Bank’s service only on attaining superannuation at the age of 60 years.

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Post Details

Total Posts: 1194

1. Concurrent Auditor

Eligibility Criteria:

  • Retirement Criteria: Retired officers of SBI and its e-Associate banks who retired as MMGS-III, SMGS-IV/V & TEGS-VI on superannuation.

Age Limitations:

  • Maximum Age: 63 years as of February 18, 2025.

Category Wise Vacancy:

CategoryReserved SeatsOther Eligibility
GeneralN/A

Salary Details

> Salary Range: 45,000 - ₹80,000 Monthly

Other Information

  • Income Tax: Income tax shall be deducted u/s 192 of IT Act.

How to Apply

1. Step 1:
Register online through the link available on SBI website.
2. Step 2:
Fill out the application form and upload required documents.
3. Step 3:
Submit the application form before the deadline.

Selection Process

1. Selection Stages:
The selection process consists of shortlisting and interview. The decision of the Bank to call candidates for the interview shall be final.

Reservation Details

1. Reservation Policy:
Candidates belonging to OBC category but coming in the 'creamy layer' are not entitled to OBC reservation.

Document Requirements

1. Required Documents:
Candidates must upload all required documents (Assignment details, ID proof, age proof etc.)

Important Instructions

1. Application Guidelines:
Candidates should ensure that they fulfil the eligibility criteria for the post as on the date of eligibility.
2. Document Upload:
Candidates must upload all required documents failing which their application/ candidature will not be considered for shortlisting/ interview.

Interview Details

1. Interview Process:
The interview will carry 100 marks. The qualifying marks in interview will be decided by the Bank.

Bond or Service Agreement

1. Service Agreement:
The retired personnel will execute a stamped Service Level Agreement (SLA) before taking up the assignment.

Disqualification Criteria

1. Disqualification Conditions:
If a candidate is found not satisfying the eligibility criteria, he/ she will not be allowed to appear for the interview.

Other Information

1. Termination of Contract:
There will be an option to terminate the contract with 30 days’ notice from either side or emoluments of one month in lieu thereof.

Contact Details

Address: Central Recruitment & Promotion Department, Corporate Centre, Mumbai

FAQ

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