The State Bank of India (SBI), honored as the “Best Bank in India” for 2024 by Global Finance, has launched a recruitment drive for retired SBI officers for the position of ERS (Early Review of Sanction) Reviewer on a contractual basis. This is an exciting opportunity for retired officers from the SMGS-IV/V grades to continue contributing to the banking sector after their retirement.
Key Details at a Glance
- Post Name: ERS Reviewer
- Job Type: Full-time Contractual Engagement
- Vacancies: 30 (Including reserved categories)
- Age Limit: Maximum 63 years as of 02/04/2025
- Place of Posting: Pan India (Circle Audit Offices)
- Application Mode: Online
Important Dates
- Application Start Date: 02/04/2025
- Application End Date: 22/04/2025
- Interview: Dates to be announced after shortlisting
Vacancy Details
The total number of vacancies available for the position of ERS Reviewer is 30, which will be filled based on the following categories:
Category | Vacancies |
---|---|
SC (Scheduled Caste) | 04 |
ST (Scheduled Tribe) | 02 |
OBC (Other Backward Classes) | 07 |
EWS (Economically Weaker Section) | 03 |
UR (Unreserved) | 14 |
PwBD (Persons with Disabilities) | 02 (1 VI + 1 HI) |
Note: The EWS vacancies are tentative and subject to government guidelines.
Application Fee
- No application fee is required for this recruitment process. All candidates, irrespective of their category, are exempted from paying any fee.
Eligibility Criteria
1. Educational & Professional Qualifications
- Candidates must have retired from SBI or its Associate Banks (e-ABs) in the SMGS-IV/V grade.
- Preference will be given to those candidates who have audit experience.
2. Age Limit
- Maximum Age: Applicants should not exceed 63 years of age as of 02/04/2025.
- Retirement Age: Candidates must have retired at the age of 60 years (or at 58 years with at least 30 years of service).
3. Other Conditions
- Disciplinary Action: No disciplinary action should be pending or taken against the candidate in the last 5 years before retirement.
- Criminal Cases: No criminal cases should be pending against the applicant.
- Medical Fitness: Candidates must be in medically fit condition.
- Employment During Contract: Candidates cannot be engaged in any other job during the contract period.
Salary Structure
The monthly salary for the ERS Reviewer position will be based on the grade held by the retired officer in their last position. The compensation details are as follows:
- SMGS-IV: ₹50,000
- SMGS-V: ₹65,000
Note: No additional benefits such as Provident Fund (PF) or medical coverage will be provided.
Selection Process
The recruitment for the ERS Reviewer role will follow a two-step process:
- Shortlisting
Candidates will be shortlisted based on their eligibility and relevant work experience. - Interview
Shortlisted candidates will be called for an interview.
- The interview will be conducted and scored on a scale of 100 marks. The minimum qualifying marks will be decided by SBI.
- In case of a tie in the interview scores, priority will be given to the older candidate.
- Final Merit List
The final selection will be based solely on interview performance, with the merit list released after the interview phase.
Contract Duration & Terms
- Initial Contract Period: The contract will be for one year, extendable for up to three years or until the candidate reaches 65 years of age, whichever comes first.
- Termination Clause: Either party (the candidate or the bank) can end the contract by providing a 30-day notice.
- Leave Policy: The contract includes 30 days of leave per year, calculated on a pro-rata basis for shorter contract terms.
How to Apply
Candidates interested in the ERS Reviewer position can apply through the SBI Careers portal. The application window is from 02/04/2025 to 22/04/2025.
Application Process:
- Visit the SBI Careers Portal
Go to the SBI Careers section to access the application form. - Register & Log In
New users should register by providing their email and phone number. After successful registration, log in to the portal. - Fill Out the Application Form
Enter personal details, including information about your previous SBI retirement and grade. - Upload Required Documents
Ensure you upload the following documents:- Pensioner’s ID card
- Proof of age and retirement
- Caste/EWS/PwBD certificate (if applicable)
- Experience certificates (if applicable)
- Submit the Application
Once the form is completed, submit it. Remember to take a printout for your records.
Documents Required for Application:
- Pensioner’s ID card
- Proof of age and retirement
- Caste/EWS/PwBD certificate (if applicable)
- Experience certificates
Important Notes:
- No Application Fee: There is no fee for applying.
- No Hard Copy Submission: No need to send any physical copy of the application.
- Canvassing Prohibited: Any form of canvassing or influencing during the recruitment process will lead to disqualification.
- Recruitment Modifications: SBI holds the right to modify or cancel the recruitment process at any stage.
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