RBI opens applications for 2026 summer placements across its offices

The Reserve Bank of India (RBI) has invited applications from eligible candidates for summer placement in various offices of the bank. The summer placements afford an opportunity to Indian students to expose themselves to an actual central banking environment and undertake projects on the issues relevant to the Central Bank with guidance from experts and professionals in the Central Bank.

Eligibility: Students who are currently pursuing (i) Post-graduate courses/Integrated five-year courses in Management / Statistics / Law / Commerce / Economics / Econometrics / Banking / Finance (ii) Three-year full time professional Bachelor’s degree in Law from reputed Institutions / Colleges located in India and are in the penultimate year of their course can apply.

All educational qualifications should have been obtained from recognized universities/institutions in India.

Candidates will be considered for the summer placement at the centre as per their college/ institute’s location. Detailed list of Control Offices is given at https://opportunities.rbi.org.in/ (Summer placements link). Summer trainees will be required to undertake the project at the centre corresponding to the state of their institute, as per the table given in the notification.

Duration: The internship starts in April 2026. Normally the period of placement will be for a maximum of three months during the period from April to July. The period may be reduced/extended at the discretion of the Bank.

Facilities: Summer trainees are eligible to receive a monthly stipend of Rs. 20,000/-. Outstation trainees will be required to make accommodation arrangements on their own.

Selection: The Bank will select a maximum of 125 students for summer placement. The interview for the short-listed candidates will be held at the offices as indicated, in January / February 2026. The short-listed outstation candidates will be required to bear the travel costs of journey to the office of RBI and back for this purpose. Names of selected students will be communicated in the month of February / March 2026.

Selected outstation candidates will be reimbursed AC II Tier return fare by rail/equivalent amount. from the place of his/her institute to the place of summer placement for undertaking the project.

Summer trainees are required to furnish a declaration of secrecy to the Bank before reporting for the internship.

Application: Applications can be submitted online at the link provided at https://opportunities.rbi.org.in/ (Summer placements link) latest by 15th December 2025. One can apply for only one Control Office. Applicants must ensure that they correctly mention the state in which their college/ institute is located.

Applicants should indicate the percentage obtained in Graduation calculated to the nearest two decimals in the online application. Where CGPA/ SGPA is awarded, the same should be converted into percentage and indicated in online application. If asked for document verification, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating the norms of the University/Institution regarding conversion of grade into percentage and the percentage of marks by the candidates in terms of norms.

Applicants are not required to submit/ send at any address, application printouts or any certificates or copies thereof at the time of online application. Their candidature will be considered on the strength of the information declared in the application. If at any stage, it is found that any information furnished in the online application is false/ incorrect or if according to RBI, the candidate does not satisfy the eligibility criteria, his/ her candidature is liable to be cancelled.

For details, visit https://opportunities.rbi.org.in/