Mumbai.
The State Bank of India (SBI) has officially released a high-profile recruitment advertisement for the post of Group Chief Information Security Officer (CISO) on a contractual basis. Under Advertisement No. CRPD/SCO/2026-27/21, the country’s largest public sector bank is seeking an accomplished cybersecurity leader to oversee its digital and information security architecture.
Offering a lucrative annual Cost to Company (CTC) package of up to ₹2.50 crore, this position stands out as one of the highest-paying executive leadership roles in the Indian public banking sector. The online registration process began on September 4, 2026, and candidates have until September 24, 2026, to submit their applications online.
Key Overview: SBI Group CISO 2026
| Parameter | Key Details |
| Organization | State Bank of India (SBI) |
| Position | Group Chief Information Security Officer (CISO) |
| Total Vacancies | 01 (Unreserved) |
| Advertisement No. | CRPD/SCO/2026-27/21 |
| Engagement Type | Contractual (Initial 3 years, extendable up to 5 years total) |
| Maximum CTC | Up to ₹2.50 Crore per annum (90% Fixed, 10% Variable) |
| Age Limit | Maximum 57 years (as on August 31, 2026) |
| Posting Location | Mumbai / Navi Mumbai |
| Application Window | September 4, 2026 – September 24, 2026 |
Compensation Structure & Job Location
The selected CISO professional can receive a maximum annual CTC of up to ₹2.50 crore. However, the bank clarifies that this figure represents the upper limit, with final compensation subject to negotiation based on the candidate’s existing pay structure, domain expertise, and executive experience.
The salary package is structured as 90% fixed pay and 10% variable pay. The primary place of posting will be in Mumbai or Navi Mumbai, with the bank reserving rights to transfer the executive as per operational requirements.
Eligibility Criteria & Required Experience
Due to the critical nature of banking infrastructure protection, SBI requires candidates with substantial executive background:
-
Age Criteria: Candidates must not exceed 57 years of age as of August 31, 2026.
-
Educational Qualification:
-
B.Tech or B.E. in Computer Science, IT, Software Engineering, Electronics, ECE, or Cyber Security with at least 50% marks.
-
OR MCA, M.Tech, or M.Sc. in relevant engineering/technology streams.
-
-
Professional Experience:
-
15 to 20 years of total post-qualification experience in Information Technology or Information Security within Banks, PSUs, Financial Institutions, or IT/Financial Consulting firms.
-
Minimum 5 years of specific senior-management experience handling Cyber Security, Information Security, or Cyber Defence within banks or financial institutions.
-
Core Roles & Responsibilities
The Group CISO will lead SBI’s defensive cyber architecture across digital banking platforms, cloud services, and artificial intelligence implementations. Key tasks include:
-
Developing and enforcing the overall enterprise cybersecurity strategy.
-
Enhancing threat mitigation and resilience frameworks.
-
Supervising active security operations centers (SOC) and vulnerability management.
-
Ensuring compliance with regulatory cybersecurity guidelines across all digital operations.
Selection Process & Application Steps
The selection procedure involves two main phases: Shortlisting based on submitted profile/experience followed by an Interview (100 Marks) incorporating a mandatory 10-minute presentation.
How to Apply:
-
Visit the official career portal via Matribhumi Samachar English Section.
-
Navigate to the Careers section on the SBI portal and locate Advt No. CRPD/SCO/2026-27/21.
-
Complete the online application form and upload essential credentials (education, age, experience proofs).
-
Pay the application fee (₹750 for General/EWS/OBC; Exempted for SC/ST/PwBD).
-
Submit the form prior to the deadline on September 24, 2026.
Frequently Asked Questions (FAQs)
Q1: Is the SBI Group CISO post permanent or contractual?
The role is strictly on a contractual basis for an initial term of 3 years, extendable by up to 2 additional years (maximum 5 years total engagement).
Q2: What is the last date to apply for SBI Group CISO 2026?
The last date to register online and pay the application fee is September 24, 2026.
Q3: What are the application fees for reserved categories?
Candidates belonging to SC, ST, and PwBD categories are exempt from paying the application fee.
Disclaimer:
This news article is intended for informational purposes only. Aspirants are strongly advised to refer to the official recruitment notification issued under Advertisement No. CRPD/SCO/2026-27/21 on the official State Bank of India recruitment website before submitting their applications.
