SBI SME Recruitment 2017: 554 Special Management Executives (SME) Posts

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SBI SME Recruitment

SBI SME Recruitment 2017, 554 Special Management Executive (Banking) Posts Available at sbi.co.in/ www.onlinesbi.com.

SBI SME Recruitment 2017: 554 Special Management Executives Posts

State Bank of India has announced the Special Management Executive (Banking) 2017 Notification. The SBI is looking for the experienced bankers with the  PG degree qualification. The SBI Recruitment 2017 Notification has been issued for the 554 SME MMGS II, III Posts. Eligible applicants can apply online through www.sbi.co.in on or before May 18, 2017.

SBI SME Recruitment: Important Information

Bank NameState Bank of India
Post NameSpecial Management Executive MMGS II, III Posts
No of Vacancies554 Posts
Application modeOnline
Official Websitesbi.co.in/ www.onlinesbi.com
Last Date to apply18th May 2017
SBI SME Admit Card 6th June 2017
Exam Date18th June 2017

SBI SME Recruitment: Vacancy Details

SnoPost NameNo of Vacancies
1Special Management Executive (Banking) MMGS III273
2Special Management Executive (Banking) MMGS II281

SBI SME Recruitment: Vacancy Details category wise

For Special Management Executive (Banking) MMGS III Posts:
TotalCurrentBacklog
For SC: 523022
For ST: 271512
For OBC: 935439
For GEN: 101101NO
Total: 27320073
For Special Management Executive (Banking) MMGS II Posts:
TotalCurrentBacklog
For SC: 44377
For ST: 25187
For OBC: 846717
For GEN: 128128NO
Total: 28125031

SBI SME Recruitment: Important Dates

Important EventsDates
Commencement of on-line registration of application03rd May 2017
Closure of registration of application18th May 2017
Closure for editing application details18th May 2017
Last date for printing your application02nd June 2017
Online Fee Payment03rd May 2017 to 18th May 2017

Important Vacancy for This Month:

BOI Recruitment 2017Click Here
Bandhan Bank RecruitmentClick Here
TNPSC CCSE Group II RecruitmentClick Here
RBI Grade B RecruitmentClick Here
Dena Bank RecruitmentClick Here
Oriental Bank RecruitmentClick Here

SBI SME Recruitment: Age Limit

Special Management Executive (Banking) MMGS III25 – 40 years.
Special Management Executive (Banking) MMGS II25 – 35 years.

SBI SME Recruitment: Education Qualification

CA / ICWA / ACS / MBA (Finance) or equivalent post graduation degree in Finance. (The course should be of 2 years full-time duration. Courses completed through correspondence / part-time are not eligible. The institute should be recognized/approved by Govt., Govt. bodies / AICTE)

SBI SME Recruitment: Experience

Special Management Executive (Banking) MMGS IIIMinimum 5 years post qualification experience as an executive in Supervisory / Management role in:

a) A schedule Commercial Bank / Associate or subsidiary of a Schedule Commercial Bank OR

b) A public sector Financial Institution/ Company or listed Financial Institution / Company. And

Out of this a minimum 2 years experience in Corporate / SME Credit.

Candidates having experience in processing of credit proposals are preferred.

Special Management Executive (Banking) MMGS IIMinimum 2 years post qualification experience as an executive in Supervisory / Management role in:

a) A schedule Commercial Bank / Associate or subsidiary of a Schedule Commercial Bank OR

b) A public sector Financial Institution/ Company or listed Financial Institution / Company.

Candidates having experience in processing of credit proposals are preferred.

SBI SME Recruitment: Selection Process

Selection of candidates will be on the basis of online objective test, group exercise and/or interview.

SBI SME Recruitment: Exam Pattern- MMGS-II Grade

This test would be of 2 hour duration consisting of 4 Sections as follows –

TEST DETAILSNO OF QUESTIONSMARKS
  1. General / Banking Awareness
5025
2. Reasoning, Data Interpretation & Analysis5050
3. English5025
4. Financial Data Interpretation & Analysis5050
Total200150

SBI SME Recruitment: Exam Pattern- MMGS-III Grade

This test would be of 2 hour duration consisting of 4 Sections as follows –

TEST DETAILSNO OF QUESTIONSMARKS
  1. General / Banking Awareness
5025
2. Reasoning, Data Interpretation & Analysis5050
3. English5025
4. Financial Data Interpretation & Analysis50100
Total200200

GROUP EXERCISE AND / OR INTERVIEW (50) MARKS

The marks of objective test of the qualified candidates will be arranged in descending order of merit and candidates maximum three times of the number of vacancies in each category will be called for group exercise and/ or interview.

SBI SME Recruitment: Salary Details

Special Management Executive (Banking) MMGS IIIPay scale: Rs. 31705-1145/1-32850-1310/10-45950/-
Special Management Executive (Banking) MMGS IIIPay scale: Rs. 42020-1310/5-48570-1460/2-51490/-

SBI SME Recruitment: Smart Compensation Package

The selected candidates will have the option to choose ‘Smart Compensation Package’ wherein above salary structure will be restructured by monetizing and clubbing the perquisites value.

ParticularsMMGS-IIMMGS-III
  1. Pay Slip Component
ExistingExisting
2. Smart Compensation Package (p.a.)2,28,903/-2,50,054/-
3. Superannuation BenefitsExistingExisting
4. MedicalActual / ExistingActual / Existing
5. Leased House Accommodation / HRAActual / ExistingActual / Existing

SBI SME Recruitment: CAREER PATH

Probation period for both the posts will be 1 year from date of joining. After completion of probation period successfully, the officers will be confirmed in respective grades and will be governed by extant specialist cadre placement and promotion policy. The officers can opt for conversion to General Cadre after completion of five years including probation period. In case of conversion to General Cadre, the seniority of the officers in specialist cadre will be protected for all future promotion.

SBI SME Recruitment: Exam Center

Ahemedabad, Baroda, Bangalore, Mysore, Bhopal, Indore, Bhubaneswar, Sambalpur, Chandigarh, Ludhiana, Jammu, Chennai, Madurai, Guwahati, Dibrugarh, Hyderabad, Vijayawada, Kolkata, Asansol, Lucknow, Varanasi, Mumbai, Nagpur, Delhi, Jaipur, Patna, Ranchi, Kochi, Trivandrum.The bank, however reserves the right to add or delete any center and allot the candidate to any center other than the one he/she has opted for

The bank, however reserves the right to add or delete any center and allot the candidate to any center other than the one he/she has opted for

SBI SME Recruitment: Application Fee

For SC/ST/PWD Category: Rs. 100/-(Intimation Charges only)
For General and Others Category:Rs. 600/- (App. Fee including intimation charges)

SBI SME Recruitment: How To Apply

For detailed guidelines/ procedure on a) Application registration b) Payment of fees c) Photograph & signature scan & upload visit bank’s website https://bank.sbi/careers/ or https://www.sbi.co.in/careers – Recruitment of Special Management Executive (Banking) in State Bank of India.

SBI SME Recruitment: Important links

SBI SME Official Notification EngilshVIEW HERE
SBI SME Official Notification HindiCLICK HERE
Apply OnlineCLICK HERE
How to ApplyVIEW HERE
FAQsVIEW HERE
More Bank JobsVIEW HERE

SBI SME Recruitment: Identity Proof

PROOF OF IDENTITY TO BE SUBMITTED AT THE TIME OF EXAMINATION: The candidates must bring one photo identity proof such as passport/ Adhar/ PAN Card/ Driving License / Voter’s Card in original as well as a self attested Photocopy thereof. The photocopy of Identity proof should be submitted along with call letter to the invigilators in the examination hall, failing which or if identity of candidates is in doubt the candidate will not be permitted to appear for the test

SBI SME Recruitment: Admit Card

The candidates should download their call letter and an “acquaint yourself” booklet by entering their registration number and password/ date of birth, after 06.06.2017 from the Bank’s website https://bank.sbi/careers/ or https://www.sbi.co.in/careers. NO HARD COPY OF THE CALL LETTER/ACQUAINT YOURSELF BOOKLET WILL BE SENT BY POST.

SBI SME Recruitment: Important Note

1.A candidate can apply for only one post under this project
2.The process of Registration of application is complete only when fee is deposited with the Bank through online mode on or before the last date for fee payment.
3.Before applying, candidates are requested to ensure that they fulfill the eligibility criteria for the post as on the date of eligibility. Call for Online Test/Group Discussion/ Interview will be purely provisional without verification of documents. Candidature will be subject to verification of details/documents when the candidate report for the interview.
4.Candidates are advised to visit Bank’s website https://bank.sbi/careers/ or https://www.sbi.co.in/careers for details and updates
  • Shad

    Hi,
    Will Pune be added as a Test Center.
    As other test centers are far off from Pune location.

  • Neeraj Sumithran

    The experience criteria states that the candidate must have experience in supervisory/management executive role. I have got experience of 3 years as junior officer in private scheduled bank, will I be eligible for SME grade 2. Three clerks were reporting to me and Branch manager.

    • Rukshar

      As a official notification most be experience as an executive in Supervisory / Management.

      • Prabal Rakshit

        Sir I have 4 and half years experience in a PSU bank. Of which 1 and half years as officer and 3years as clerical. Am i eligible for scale 2?