Defence Banking Advisor (Navy) – SBI
Quick Info
- Vacancies
- Vacancies: 1
- Employment Type
- Employment Type: Contract
- Pay Scale
- Pay Scale: ₹3,795,000 per year
- Qualification
- Qualification: Retired from the rank of Vice Admiral or Rear Admiral from the Indian Navy.
- Experience Required
- Experience Required: Retired from the rank of Vice Admiral/Rear Admiral from Indian Navy — must have held senior leadership positions within the naval forces.
- Age Limit
- Age Limit: Upto 62 years
- Application Mode
- Application Mode: Online
- Deadline
- Deadline:
The Defence Banking Advisor (Navy) position at State Bank of India is a high-level advisory role designed for retired senior naval officers to bridge the gap between the bank and the Indian Navy. This single vacancy offers a prestigious platform to manage the Defence Salary Package (DSP) and enhance institutional relationships with Navy and Coast Guard units across India. Candidates will leverage their extensive service background to facilitate branch expansions and resolve complex service-related complaints at the highest levels. This post is particularly attractive for those seeking to apply their leadership experience in a corporate banking environment while maintaining a strong connection to the maritime forces.
- This contractual engagement is initially for two years with a possibility of renewal for another two-year term based on performance.
- The role involves high-level liaison with Navy and Indian Coast Guard Headquarters to expand the reach of specialized banking products.
- Selected advisors will act as a single point of contact for complaint redressal and strategic meeting coordination with senior bank functionaries.
- Candidates should ensure all documents including discharge certificates and gallantry award proofs are ready for the online upload process.
- The position is based in New Delhi but involves oversight of operations across the entire Indian territory.
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Additional Salary Information
Total CTC of ₹37.95 lakhs per annum comprising ₹34.50 lakhs fixed pay and ₹3.45 lakhs variable pay (10% of fixed pay).
Important Dates
Selection Process
Shortlisting based on eligibility and experience parameters.
Personal Interview (100 Marks).
Merit List preparation based on interview scores and age seniority.
Application Fees
General/EWS/OBC: ₹750 SC/ST/PwBD: Nil
Reservation
Total: 1 (Unreserved/UR: 1)
How to Apply
- Visit the SBI careers website at https://sbi.bank.in/web/careers/current-openings.
- Locate the advertisement number CRPD/SCO/2026-27/10.
- Register online by providing basic details to generate a registration number and password.
- Scan and upload your latest photograph, signature, and required documents in PDF format (max 500kb).
- Fill out the application form carefully and save your progress.
- Pay the application fee of ₹750 (if applicable) using the integrated online payment gateway.
- Submit the final application and take a printout of the system-generated form for future reference.
Frequently Asked Questions
The annual CTC for the Defence Banking Advisor (Navy) is ₹37.95 lakhs, which includes a fixed component of ₹34.50 lakhs and a variable pay of ₹3.45 lakhs.
The essential qualification is a professional background as a retired officer from the rank of Vice Admiral or Rear Admiral from the Indian Navy.
The maximum age limit for engagement in this role is 62 years as of the cut-off date of May 31, 2026.