SBI CIRCLE BASED OFFICERS (CBO):

State Bank of India (SBI) has released the official notification for the recruitment of 3850 posts of Circle Based Officer (CBO). The Application Process has already been started for SBI CBO. The SBI Circle Based Officer is a Junior Management Grade Scale-I (JMGS-I) job. Interested and Eligible candidates can fill the online form for SBI CBO 2020 through the official website https://www.sbi.co.in.

Important Dates for SBI CBO:

  • Starting Date for Apply Online: 27/07/2020
  • Last Date for Apply Online: 16/08/2020
  • Last Date for Pay Exam Fee: 16/08/2020
  • Exam Date: Notified Soon
  • Admit Card Available: Notified Soon

Application Fee:

  • General / OBC /EWS : 750/-
  • SC/ST/PH : 0/-

Vacancy Details:

Total: 3850 Post

Category wise vacancy detail -

Post Name

Gen

EWS

OBC

SC

ST

Total

Circle Based Officer CBO

1575

383

1035

573

285

3850

State-wise vacancy detail -

State Name

Gen

EWS

OBC

SC

ST

Total

Madhya Pradesh

122

29

79          

44

22

296

Chhattisgarh

44

10

28

15

07

104

Rajasthan

122

30

81

45

22

300

Karnataka

305

75

202

112

56

750

Tamil Nadu

224

55

148

82

41

550

Telangana

224

55

148

82

41

550

Gujarat

305

75

202

112

56

750

Maharashtra

212

51

139

77

38

517

Goa

16

03

08

04

02

33

Eligibility Criteria for SBI CBO:

Education Qualification:

Graduation in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government.

Age Limit:

  • Maximum Age: 30 Years.
  • Must have been born not earlier than 02.08.1990.

Age Relaxation Extra as per Recruitment Rules.

Scheduled Caste/ Scheduled Tribe 

5 years

Other Backward Classes (Non-Creamy Layer)

3 years

Persons with Disabilities (PwD)

PwD (GEN/EWS) - 10 years

PwD (SC/ST) - 15 years

PwD (OBC) - 13 years

Ex-Servicemen, Commissioned officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 6 months from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalided.

5 years

 

Work Experience: Minimum 2 years experience (as on 01.08.2020) as an officer in any Scheduled Commercial Bank or any Regional Rural Bank.

Knowledge of Local Language: Candidates applying for vacancies of a State have to produce a 10th or 12th standard mark sheet/ certificate evidencing having studied the specific local language of the applied State as one of the subjects. 

Selection Process for SBI CBO: 

The selection will be based on shortlisting and interview. However, the Bank reserves the right to conduct written examinations. Mere fulfilling minimum qualification and experience will not vest any right in a candidate for being called for interview.

The Shortlisting Committee constituted by the Bank will decide the shortlisting parameters and thereafter, an adequate number of candidates, as decided by the Bank will be shortlisted and called for interview. The decision of the bank to call the candidates for the interview shall be final. No correspondence will be entertained in this regard. 

Merit List: Merit list for selection will be prepared in descending order on the basis of scores obtained in the interview only. Merit list will be drawn State wise, category wise. In case more than one candidate scores the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit. 

SBI (CBO) Salary:

Pay Scale & Structure:

SBI CBO post is permanent in nature and comes under the Junior Management Grade Scale 1 (JMGS-I). Candidates who are below 30 years of age can apply for this recruitment. The PayScale of SBI Circle Based Officer is as follows:

Pay Scale - Rs 23700-980/7-30560-1145/2-32850-1310/7-42020

Basic Pay - Rs 23,700; Increment for 7 Years - Rs 980

Basic Pay after 7 Years - Rs 30,560; Increment for 2 Years - Rs 1145

Maximum Basic Salary - Rs 42,020

Total Salary Per Annum - Rs 8.20 lakh - Rs 13.08 lakh

SBI CBO Allowances:

Besides receiving a handsome salary, SBI Circle Based Officer post is eligible for certain perks and allowances including Dearness Allowance (DA), House Rent Allowance (HRA), Medical Insurance, City Compensatory Allowance (CAA) and others. All these allowances will be offered as a certain percentage of the basic salary. Have a look at these details below:

Allowance

Amount

Dearness Allowances (DA)

46.9% of the Basic Pay

House Rent Allowance (HRA)

7% to 9% of the Basic Pay

City Compensatory Allowance (CCA)

3% – 4% depending on location

Medical Insurance

100% covered for the employee, 75% for family members

Travelling Allowance

Reimbursement of fare for official travels

Petrol Allowances

Around Rs. 1,100 to 1,250

Newspaper Allowance, Books Allowance, Entertainment Allowance, etc

Varies based on the Cadre

SBI CBO Career Growth:

  • After joining, the selected candidates will be designated as “Circle Based Officers” (CBOs) and will be on probation for a period of 6 months.

  • The CBOs will be subjected to continuous assessment during the probation period for judging their suitability for confirmation. 

  • The candidates who qualify in their assessment as per standards determined by the Bank from time to time will be confirmed in the service of the Bank in Junior Management Grade Scale-I (JMGS-I).

  •  If any candidate fails to achieve minimum standards stipulated, his/ her services may be terminated as per the policy of the Bank in force at the material time.

  • The selected officers will be in the general cadre and will be governed by the promotion policy applicable for Bank’s general cadre officers. 

  • The selected candidates will not be entitled to inner-circle transfer up to his/ her promotion to SMGS-IV Grade OR 12 years of service, whichever is later.