Selection Procedure for State Bank of India Recruitment 2010 :
SBI Written Examination (Phase - I) : Maximum Marks - 300, Total Duration - 4 hours.
1. Objective Type Tests : The objective type test would consist of
Test of data Interpretation and Analysis.
Test of Reasoning.
Test of General Awareness.
Test of English Language.
The above four tests will be combination of maximum 200 marks and for duration of 2 hours.
Objective test of Professional Knowledge. The SBI Test will be on "Financial Management and Banking and Finance" for the post of Specialist Management Executives (Post Code - SME)" and "Technology Management and Banking and Finance" for the post of Specialist Technical Executives (Post Code - STE)" will be held separately for each post.
The test duration will be for 1 hour with maximum 50 marks. The candidates who apply for both the posts will have to appear for both professional knowledge tests on same date and same venue. Thus the objective type tests will be on five subjects (a to e), maximum 250 marks and total duration of 3 hours.
2. SBI Descriptive Type :
Test of English Language : The Descriptive Test will be for maximum of 50 marks and for duration of 1 hour.
The SBI Exam will be on "The test of English Language (Comprehension, precis, letter writing & essay)" Descriptive test paper of only those candidates may be evaluated, who have secured minimum 40th percentile ranking in each of all the five objective tests and have scored overall aggregate 40% marks in case of General category and 35% in case SC / ST / OBC / PWD category.
The qualifying marks for descriptive test will also be 40% for General and 35% in case SC / ST / OBC / PWD category. The aggregate marks of objective test and descriptive test will be arranged in descending order and the only those candidates who have qualified in written examination will be called for group discussion and interview subject to maximum of three times the number of category-wise SBI vacancies.
SBI Group Discussion & Interview (Phase - II) :
Group Discussion and SBI Interview will be of 50 marks (20 marks for Group discussion and 30 marks for interview). The minimum qualifying marks for Group Discussion & Interview for General Category shall be 40% (Minimum 20 marks) and 35% (Minimum 18 marks) in case SC / ST / OBC / PWD category candidates out of maximum of 50 combine marks for Group Discussion & Interview for SBI. The final selection will on the basis of performance of Phase I & II.
SBI Probation for Recruitment in 2010 : SBI Selected candidates will be on probation for a period of one year. After completion of probation successfully, the officers will be confirmed in MMGS III SBI Bank position.
Emoluments for MMGS III in SBI Bank :
SBI Pay Scale : They will draw a starting basic pay of Rs. 25,700/- in the scale of Rs. 25,700- 800/5-29,700-900/2-31,500 applicable to Middle Management Grade Scale III. They will also be eligible for D.A., H.R.A. & C.C.A. as per rules in force from time to time.
At present, initial monthly emoluments of Middle Management Grade Scale III Officers, including D.A., H.R.A. and C.C.A., are approximately Rs. 40,000/- p.m. at Metropolitan centres.
Perquisites : SBI Bank, traditionally looks after its employees well, entitlement of perquisites as per extant instructions applicable from time to time, include the following :
HTC / LFC, Medical aid for self and dependents.
Non Contributory Provident Fund.
Pension as per "Defined Contributory Pension Scheme" as applicable at the time of joining.
Concession for Housing / Car / Personal Loans.
According to market perception, package of a SBI Bank MMGS III Officer works out to Rs.9.06 lakhs per annum on CTC basis in Mumbai.
SBI Bank Recruitment 2010 Selection Procedure