SBI Special Management Executives (SME) Recruitment 2017 – State Bank of India has issued a notification for recruitment of 554 Special Management Executives (SME) (Banking) posts. The SBI is looking for the experienced bankers with the  PG degree qualification. Selection of candidates will be on the basis of online objective test, group exercise and/or interview. Candidates who are interested and eligible for respective positions can fill and submit application form of SBI SME 2017. Get here complete details of SBI SME 2017 including application form, admit card, result, selection process etc.

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SBI SME 2017

Official notification under Advt No. CRPD/SCO-SME/2017-18/03 of SBI Special Management Executives 2017 has been published in the First week of May 2017. Candidates are getting a time window of more than two weeks to apply at www.sbi.co.in. All details pertaining to SBI SME 2017 can be found in respective pages.

Organisation Name – State Bank of India
Name of Post – Special Management Executives (SME)
No of Vacancies – 554
Application mode – online
Official portal
– sbi.co.in/ www.onlinesbi.com

Important dates of SBI SME 2017 are as follows

Important event Dates
Beginning of online application form for SBI SME 03 May 2017
Last date to fill online registration & fee payment 18 May 2017
Availability of Admit Card 02 Jun 2017
Date of Examination 18 Jun 2017
Date of Declaration of Result 20 Jul 2017
Interview Call Letter 31 Jul to 17 Aug 2017

SBI SME 2017 Vacancy Details

  • Special Management Executive (Banking) MMGS III – 273
  • Special Management Executive (Banking) MMGS II – 281

Emoluments:

The scales of pay applicable to different grades are furnished above. The officials will also be eligible for DA, HRA and CCA as per rule in force from time to time. The compensation per annum on CTC basis at Mumbai is around Rs 13.07 Lacs for an officer of MMGS – II and Rs 15.86. Lacs for MMGS-III.

SBI Special Management Executives Eligibility Criteria 2017

State Bank of India, the exam conducting body as well as recruiting organization, has focused on age, educational qualification, and work experience among the eligibility conditions. Candidates can go through detailed eligibility conditions of SBI SME 2017 here.

Education Qualification

  • CA / ICWA / ACS / MBA (Finance) or equivalent post graduation degree in Finance qualified candidates can apply online for the SBI Special Management Executive jobs.

Experience Required

  • For SME (MMGS III) posts: Applicant must have the Minimum 5 years experience in Supervisory/ Management role. The experience must include minimum two years experience in Corporate / SME Credit.
  • SME (MMGS II) posts: Minimum 2 years experience as an executive in Supervisory/ Management role.

Age Limit (As on 31.03.2017)

  • For SME (MMGS III) posts: 25 – 40 years
  • For SME (MMGS II) posts: 25 – 35 years

SBI SME 2017 Application Form

Only those who are eligible must apply. Those who are applying for Special Management Executives (SME) (MMGS II, III Posts) can do so online at www.sbi.co.in. A candidate can apply for only one post under this project.

The most significant aspects of SBI SME 2017 Application Form are following:-

  • Enter correct data in form. All that you fill up in the form will later be verified against official documents. Hence avoid errors at all costs.
  • Make sure to submit application form for SBI recruitment before the last date.
  • Pay requisite application fee (Rs 600 for General and others candidates, and Rs 100 for SC / ST / PWD).

SBI Special Management Executives Recruitment 2017 Selection Procedure

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

Online Objective Examination: Candidates are required to qualify in each of the objective tests by securing minimum passing marks, which will be decided by the bank.

Exam Pattern: MMGS-II Grade

  • Duration of each Exam – 120 Minutes
  • Mode of Exam – Objective Test Online
 Test Details No. of Questions  Marks
General / Banking Awareness 50 25
Reasoning, Data Interpretation & Analysis 50 50
English 50 25
Financial Data Interpretation & Analysis 50 50
Total 200  150

MMGS-III Grade

  • Duration of each Exam – 120 Minutes
  • Mode of Exam – Objective Test Online
 Test Details No. of Questions  Marks
General / Banking Awareness 50 25
Reasoning, Data Interpretation & Analysis 50 50
English 50 25
Financial Data Interpretation & Analysis 50 100
Total 200  200

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.

The candidates will have to qualify both in Online Test and GE & Interview separately.

Marks secured by the candidates in the Online Examination will be normalized to out of 75 and marks secured in Group Exercise and/or Interview (out of 50 marks) will be normalized to out of 25. The final merit list will be arrived at after aggregating normalized marks of Online Examination and Group Exercise & Interview.

The selection will be made from the top merit ranked candidates in each category.

If you have any queries regarding SBI Special Management Executives (SME) 2017, please ask in comments below.

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