Reserve Bank of India India’s central Banking institution  invites application for recruitment to the post of Grade Officers.

Important Dates
Starting Date of Online Applications: 3.6.2014
Last Date for Submission of Applications: 23-06-2014.

Application Fee:

– For OBC/General candidates: Rs. 850/-
– SC / ST / PWD candidates: Rs. 100/-

Details Of Vacancies:

Details Of Vacancies
PostSCSTOBCGeneralTOTAL
Officers in Grade ‘B’1583658117

Age Limit: (as on 01/06/2014):

  • Between 21 and 30 years (candidates must have been born not earlier than 02/06/1984 and not later than 01/06/1993).
  • For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 31 and 33 years respectively.
  • For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector, upper age limit is relaxed to the extent of number of years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned.

Pay Scale & Emoluments:

  • Selected Candidates will draw a starting basic pay of `21,000/- p.m. in the scale of 21000-1000-30000-EB-1000-32000-1100-36400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Grade Allowance as per rules in force from time to time.
  • At present, initial monthly Gross emoluments are approximately 51,517/-.

Educational Qualification:

  • A First Class Bachelor’s Degree with a minimum of 60% marks or an equivalent grade, in aggregate of all semesters / years ; (OR)
  • A Second Class Master’s Degree with minimum of 55% marks or an equivalent grade, in aggregate of all semesters / years; (OR)
  • A Doctorate Degree; with minimum of 50% marks or an equivalent grade, in aggregate of all semesters / years in Master’s Degree; (OR)
  • Chartered/Cost Accountant/Company Secretary(ACS) with a Bachelor’s Degree;(OR)
  • A Post Graduate Diploma in Management / MBA qualification from institutions recognized by Government of India / University Grants Commission, with Graduation / Bachelor’s Degree.

Selection Process:

Selection will be through Examinations and Interview. Examinations will be held in two phases [Phase-I ON-LINE Examination (Objective Type) and Phase-II Written Examination (Descriptive type)

(I) Phase-I ON-LINE Examination (Objective Type): This Paper approximately of 3 hours duration for 200 marks will be held.

The Paper consists tests of i) General Awareness ii) English Language iii) Quantitative Aptitude and iv) Reasoning

(II) Phase-II Written Examination(Descriptive Type): The Phase-II Written examination (WE) will be conducted in October/ November 2014 (tentative) only for those candidates who are shortlisted for the same.

The Examination will consist of three Descriptive Type papers – (i) Paper I – English (ii) Paper II – Economic and Social Issues and (iii) Paper III – Finance and Management. Each of these papers is of 3 hours duration carrying 100 marks.

Important Books to refer for RBI Grade ‘B’ Exam:

How To Apply?

(1) Candidates are first required to visit Bank’s website for filling the ON-LINE Application.
(2) Candidates will have to enter their basic details and upload the photograph and signature in the ON-LINE application form as per the specifications given in item 10 of the advertisement.
(3) Payment should be made either online or offline mode .
(4) After providing  all the payment details, Click on Submit Button to submit application form.
(5) After successful submission of application form, system will generate e-receipt and application form, take print out of it for future use.
(6)  Generated registration number and password should be note down for future purpose.

Click Here to APPLY.

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