Concurrent Audit

SBI Concurrent Auditor Empanelment of CA Firms for FY 2026-27. Last date 31.05.2026

SBI Concurrent Auditor Empanelment of Chartered Accountant Firms for FY 2026-27

SBI Concurrent Auditor Empanelment of CA Firms for FY 2026-27

Applications are invited from eligible Chartered Accountant Firms for empanelment as Concurrent Auditors in the Bank branches / CPCs / special outfits

Eligibility Criteria:
Those firms which satisfy the following are eligible to apply:

(a) Grade I, II III & IV firms as per RBI Grade as on the date of application.

(b) CA Firms having at least one year of experience of Concurrent Audit in any Commercial Bank. Firms with below 1 year experience will not be eligible to apply.

(c) CA Firms which have sufficient number of trained representatives of firm articled Clerk trained by ICAI on Concurrent Audit, Retired Officers of commercial Banks, qualified Chartered Accountants as Partner or Associate or as Staff, who will be available on all working days to attend to the Concurrent Audit.

(d) The minimum skill required that is required for the audit staff of CA firms for conducting Concurrent Audit is as under:

➢ Should have completed minimum CA inter and should have a minimum work experience of six months in auditing area.
➢ If the Audit Staff do not have minimum qualification of CA inter, should have a minimum work experience of 3 years in the Bank Audits.
➢ In case, the Audit Staff who are deputed for conducting Concurrent Audit are Retired Bank Officials (Min: Scale II), the above requirement does not apply

(e) CA Firms who are already engaged / appointed for any other assignment in SBI such as Statutory Auditors, Stock Auditors, Forensic Auditors etc., are not eligible to apply, to eliminate any room for conflict of interest.

(f) CA Firms who are already deployed / posted as Concurrent Auditors in SBI are not eligible to apply.

(g) Existing CA firms in the wait list will be continued subject to the fulfilling the eligibility criteria as on the date of engagement & annual review. No changes in RBI grade, Constitution, not engaged for other works in our Bank as Stock & Receivables Auditor, Statutory Auditor etc

(h) As on the date of advertisement, Chartered Accountant Firms which are under cooling period of one year after completing three years of Concurrent Audit in State Bank of India in any of the Circle Audit Office (CAO) are not eligible to apply. 

(h) “As on the date of advertisement, Chartered Accountant Firms which are under cooling period of one year after completing three years of Concurrent Audit in State Bank of India in any of the Circle Audit Office (CAO) are not eligible to apply”.

(i) Where CA Firm is having more than one office in different geographical locations, such CA Firms can apply for empanelment separately for each office / location under each CAO subject to

(i) Should have at least one office under the jurisdiction of CAO.

(ii) Separate designated Chartered Accountant should be available for conducting Concurrent Audit.

(iii) Maximum of three branches / CPCs / Special Outfits shall be allotted to a single firm, irrespective of geographical location as per the vacancy position at the sole discretion of the Bank. In case more than one RACC / CCV allotted under Cluster Audit, it will be treated as one branch.

Submission of Application:
The duly filled in application form in a sealed cover superscribed as “Application for Empanelment of Chartered Accountant Firms for Concurrent Audit at Branches / CPCs/ Special Outfits” should be submitted by post / courier / hand delivery and reach to respective Circle Audit Office (CAO) on or before 31.05.2026

(i) The application and all correspondence and documents relating to this process must be written in English. The applicant must provide individual and factual replies to specific questions asked in the application. Documents submitted should be complete in all respects as required.

(ii) Application as per Annexure-1 needs to be submitted duly filled in with required particulars accompanied by copies of supporting documents i.e. Constitution of the Firm(Company / Partnership/ Proprietorship firm), RBI Grading certificate, Experience certificate etc. All supporting documents to Application must be self-attested by the authorized signatory for the applicant firm.

(iii) Incomplete application without required supportive documents will not be considered by the Bank.

Last Date for Submission of Application:

The last date for receipt of hard copies along with support documents by post / courier / hand delivery is by 31.05.2026. Please note that no hard copy of the application shall be accepted after 5.00 pm on 31.05.2026. Application submitted after due date or after the stipulated time of the due date or incomplete in any respect are liable to be rejected. The duly filled in application along with the supporting documents should be submitted to the concerned General Manager (IA), Circle Audit Office (CAO) as per the Geographical location as per Annexure-2.

ii. SBI is not responsible for non-receipt of completed application within the specified date and delay due to any reason including postal delays or otherwise. Physical Applications to be submitted either by Post / Courier / Personal delivery against acknowledgement at respective CAO.

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