Sbi Retired Officer Recruitment 2023

The State Bank of India (SBI) has recently released a notification for the recruitment of FLC Counsellors and Directors. There are a total of 194 vacancies available for the fiscal year 2023-24. The selected candidates will be offered a contract-based position with a monthly remuneration ranging from Rs. 35,000 to Rs. 60,000.

Important Dates for SBI Retired Officer Recruitment 2023

The schedule for the recruitment of retired officers by SBI in 2023 has been announced, along with the official notification. The online registration process started on June 15th and will continue until July 6th, 2023. Below are the significant dates for this recruitment drive.

Here are the important dates for SBI Retired Officer Recruitment 2023:

– Notification for SBI Retired Officer Recruitment will be released on 15th June 2023.

– The application process for SBI Retired Officer Recruitment starts on 15th June 2023.

– The last date to submit applications for SBI Retired Officer Recruitment is 6th July 2023.

– Applicants must also pay their application fees by the same deadline, which is 6th July 2023.

SBI Retired Officer Job Opening 2023

The State Bank of India has recently released a notification for the recruitment of retired officers as FLC Counsellors and Directors in various departments. A total of 194 vacancies are available, and the details can be found in the category-wise SBI Retired Officer Vacancy 2023 table provided below.

SBI is recruiting retired bank officers for various positions in 2023. The vacancies are available for FLC Counsellors and FLC Directors, with different grade/scale requirements at the time of retirement. The number of vacancies varies based on categories such as UR, SC, ST, OBC, and EWS. For FLC Counsellors, there are a total of 182 vacancies while for FLC Directors there are 12 vacancies.

SBI Retired Officer Recruitment 2023 Online Application

The process for applying to the SBI Retired Officer Recruitment 2023 involves the following steps.

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Step 2- Scroll down the page and click on “Current Openings” appearing at the bottom of the page.

Step 4- Search for “SBI Retired Bank Officer Recruitment 2023”.

Step 6 involves making the payment for the application fee and saving the form for future use.

Deadline for SBI Exam 2023 Application

The State Bank of India has announced an extension for the registration date of SBI Clerk Recruitment 2023. Candidates now have more time to apply, as the last date to submit applications has been moved to December 10, 2023. To conveniently apply for this recruitment opportunity, candidates can make use of the official website of SBI at It is advisable for interested individuals to visit the website and complete their application before the new deadline.

In addition to extending the application deadline, there is also an extended period available for printing out the application form. Candidates who successfully submit their applications can print a copy of their form until December 25, 2023. This allows applicants ample time to ensure they have all necessary documents and information in hand.

To maximize your chances of success in applying for SBI Clerk Recruitment 2023, it is important to carefully review all requirements and instructions provided on the official website before submitting your application. Make sure you provide accurate and up-to-date information about yourself when filling out the form.

Remember that timely submission is crucial; therefore, it is recommended not to wait until just before deadlines approach but rather complete your application well in advance if possible. By being proactive and thorough in your preparation and submission process, you increase your chances of securing a position through SBI Clerk Recruitment 2023

Eligibility Criteria for SBI Retired Officer Recruitment 2023

Applicants should be familiar with the eligibility requirements for the recruitment of retired officers by SBI in 2023. The criteria include educational qualifications and age limits, which are outlined below.

Educational Qualification

Educational qualifications are not necessary for applicants of SBI Retired Officer Recruitment. Candidates must be retired officers from SBIs, ABs, and other PSBs, with sufficient work experience and professional competence in the relevant field.

Age Limit

The age limit specified for SBI Retired Officer Recruitment 2023 is as follows-.

The minimum age requirement for SBI retired officer recruitment is 63 years, while the maximum age limit is set at 65 years.

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Deadline for SBI SO Application 2023

By following these steps and meeting all requirements set by SBI, you can apply for various Specialist Cadre Officer posts available through their recruitment drive in 2023.

SBI Recruitment Process for Retired Officers in 2023

Applicants are required to go through multiple rounds of evaluation in order to be chosen for the SBI Retired Officer Recruitment 2023. The selection process for SBI Retired Officer Recruitment 2023 is outlined below.

The process for selecting candidates for SBI Retired Officer Recruitment 2023 involves shortlisting, conducting interviews, and preparing a merit list.

Pension details for retired SBI manager in India

The average salary for a retired manager at State Bank of India in India is ₹9.4 Lakhs per year. This salary range applies to individuals who have worked as managers at the bank for 20 to 34 years. However, the actual salary can vary between ₹6.0 Lakhs and ₹13.0 Lakhs depending on factors such as experience and performance.

In simpler terms, if you were a manager at State Bank of India for a long time (between 20 to 34 years), your average annual retirement income would be around ₹9.4 Lakhs. However, this amount could be higher or lower based on your specific circumstances within a range of ₹6.0 Lakhs to ₹13.0 Lakhs.

Compared to other banks, it seems that retired managers at State Bank of India receive slightly lower salaries during their retirement phase – about 11% less than what retirees from other banking companies earn on average in India

SBI Retired Officer Pay 2023

You can find the salary details for SBI Retired Officer Recruitment 2023 based on different posts in the table below.

SBI is offering recruitment opportunities for retired officers in 2023. Interested candidates can apply online for a total of 194 posts. The salary structure for these positions varies based on the grade of the retired officer. For JMGS-I, the monthly remuneration payable is ₹35,000/-. For MMGS-II and MMGS-III, it is ₹40,000/-. SMGS-IV offers a monthly remuneration of ₹45,000/- while SMGS-V provides a higher amount of ₹60,000/-.

Are pensions provided to retired Bank employees?

Post-Retirement Benefits in Banks

After retiring from a government-operated bank, employees are entitled to receive post-retirement benefits. One of the main benefits is a pension, which is paid out from an accumulated fund. The amount of pension you can receive depends on various factors.

As per the rules, retired bank employees are eligible for a guaranteed minimum pension of ₹9000 per month. This amount can go up to 50% of their highest pay during their service period. In some cases, this could sum up to nearly ₹1.25 Lakhs per month.

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The pension is designed to provide financial security and support after retirement. It ensures that retired bank employees have a regular income even when they are no longer working. These post-retirement benefits play a crucial role in maintaining the well-being and livelihoods of retired individuals who have dedicated their careers to serving in banks.

– Retired bank employees receive post-retirement benefits.

– The main benefit is a monthly pension paid out from an accumulated fund.

– The minimum guaranteed pension amount is ₹9000 per month but can be higher based on previous salary levels.

– Post-retirement benefits help ensure financial security for retirees who have served in banks throughout their careers.

Is pension provided to SBI officers?

Retired State Bank Of India Probationary Officers (POs) can enjoy a secure and comfortable life after retirement. The bank provides pension benefits based on average emoluments and years of service, ensuring financial stability for the retired officers. Alongside pensions, medical facilities, provident fund contributions, and gratuity payments further contribute to their overall well-being in the post-retirement phase.

When is the final deadline to apply for SBI in 2024?

On February 13, 2024, the State Bank of India (SBI) made an announcement regarding the recruitment of Specialist Officers (SO). This is a great opportunity for individuals who have retired from SBI and are looking to continue their professional journey. The online application process will commence on February 13, 2024, and interested candidates must submit their applications by March 4, 2024.

Is SBI PO inferior to SBI?

The main distinction between SBI SO (Specialist Officer) and SBI PO (Probationary Officer) lies in their job roles. While both positions are highly regarded, the PO role is more coveted due to its nature of work and a larger number of available vacancies. Additionally, the salary for a PO is higher compared to that of an SO.

– SBI SO: Specialist Officer

– SBI PO: Probationary Officer

– Both positions are equally good but the PO role is more sought after.

– The nature of work differs between the two roles.

– There are typically more vacancies for the PO position.

– The salary for a PO is better than that of an SO.