About RBI Summer Internship Scheme 2024

Eligibility: RBI Summer Internship

• Students pursuing a) post-graduate courses
• Integrated five-year courses in Management / Statistics / Law / Commerce / Economics / Econometrics / Banking / Finance
• Three-year full-time professional bachelor’s degree in law from reputed Institutions / Colleges located in India. Students who are currently in the penultimate year of their course can only apply for the summer placement.

Duration: RBI Internship

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.

Selection Procedure

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

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

Facilities: RBI Internship

• Summer trainees are eligible to receive a monthly stipend of ₹20,000/- per month.
• Outstation trainees will be required to make accommodation arrangements on their own.

How to Apply: RBI Law Internship

Eligible students should fill the application in prescribed form and mail it to the address given below.

The Chief General Manager
Reserve Bank of India
Human Resource Management Department (Training & Development Division),
Central Office, 21st Floor, Central Office Building,
Shahid Bhagat Singh Road,
Mumbai – 400 001

An advance copy of the application can be e-mailed.