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RBI Grade B Eligibility 2021 - Age, Education

All the candidates must know the eligibility criteria before applying for RBI Grade B posts. We will look at all factors related to RBI Grade B eligibility in this blog. It would Include Age Limit & Age relaxation, Educational qualification, Nationality.

RBI Grade B 2021 Eligibility

Candidates, intending to apply for RBI Grade B Recruitment should ensure that they fulfil the minimum eligibility criteria as specified by RBI in their advertisement.

The eligibility criteria for RBI Grade B Recruitment is as follows

Age Criteria

  • Minimum Age: 21 Years
    Maximum Age: 30 years

(For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.)

  • Category-wise Age relaxations:
  • SC/ST: 5 years
  • OBC: 3 years
  • Ex-employees of banking institutions: 5 years
  • Candidates who had been domiciled in the State of Jammu and Kashmir during the period from the 1st January, 1980 to the 31st day of December 1989: 5 years
  • Ex-servicemen: 5 years
  • ECOs/SSCOs: 5 years
  • Persons with disabilities: 10 years

For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years.

This is represented in a table as follows:

CategoryAge Relaxation
Scheduled Caste / Scheduled Tribe (SC / ST)By 5 years
Other Backward Classes (OBC) By 3 years
Persons with Disabilities (PWD)By 10 years (GEN) 13 years (OBC) & 15 years (SC/ST)
Ex-ServicemenTo the extent of service rendered by them in Armed Forces plus an additional period of 3 years subject to a maximum of 50 years. 
Widows/divorced women/ women judicially separated who are not re-marriedBy 10 years 
Candidates domiciled in the state of Jammu and Kashmir during the period from 1st January 1980 to 31st December 1989.By 5 years
Candidates having work experience in the Reserve Bank of IndiaTo the extent of the number of years of such experience, subject to a maximum of 3 years.
Gen/EWSs in the case of PwBD.10 years
For SC/ST/ PwBDmaximum of 15
For OBC PwBDmaximum of 13 years
For candidates having experience as an officer in a Commercial Bank/Financial Institution in
Public Sector as also prior experience in Reserve Bank of India, the upper age limit is relaxed
to the extent of the number of completed years of such experience subject to a maximum of
three years.

The upper age limit should not exceed 33 years including
experience.

Note-For experience, the probationary period will not be reckoned.

Educational Qualifications

PostMinimum Educational Qualification
Officers in Grade 'B' (DR) - (General)Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
Officers in Grade 'B' (DR) - DEPR

Essential:
a. A Master's Degree in Economics / Econometrics / Quantitative Economics /Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute; OR


b. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University/Institute; OR


c. Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute.


Note: SC, ST, and PwBD candidates having a second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters/years in Master's Degree examination or equivalent recognized qualifications are eligible to apply.


Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an
additional qualification.
Candidates having M.Phil. Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.
d. (i) Candidates having Master's Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of a number of years of such experience subject to a maximum of three years. For experience, the probationary period will not be reckoned.
(ii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned above.

Officers in Grade 'B' (DR) - DSIM

Essential:
a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years; OR


b. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from an Institute of repute; OR


c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years; OR


d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.


Note:

For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c), and (d) above is 50% or an equivalent grade in aggregate of all semesters/ years.
Desirable:

(i) Candidates with a Doctorate in topics related to the above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.
Note:

(i) Candidates possessing M.Phil. and PhD qualification in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.


(ii) Candidates with research/teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in the upper age limit to the extent of the number of years of such experience subject to a maximum of three years. For experience, the probationary period will not be reckoned. 


(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned above

Nationality

A candidate must be either:-
(a) a citizen of India, or
(b) a subject of Nepal, or
(c) a subject of Bhutan, or
(d) a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India, or
(e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. 

Provided that a candidate belonging to categories (b), (c), (d), and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination but the offer of appointment may be given only after the necessary eligibility certificate has been issued to him/her by the Government of India.

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FAQs

What are the phases in the Selection Process for RBI Grade B?

The Grade B Exam is conducted in three stages namely Phase I, Phase 2, and the Interview round.

What is the minimum qualification required for RBI Grade B? +

A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree.

What is the age criteria for RBI Grade B? +

Minimum Age: 21 Years and Maximum Age: 30 years

When is RBI Grade B exam date? +

The important exam dates for RBI Grade B Recruitment is yet to be announced and will be released along with the notification.

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