RBI notification for summer internship, apply before 30 October

Reserve Bank of India notified vacancy for summer training which is to be conducted next year. Last date to apply for summer internship is 30 October. Application forms can be sent to below mentioned address starting from 15 September. However, application reaching after 30 October will be rejected.

rbi notification for summer internshipWorking as an intern in famous sector might fetch you an opportunity of getting a dream job. An intern can be defined as a trainee under a company. Interns can be anyone, an adult who wants to join an industry, which he had little knowledge about, may be a college student or a university student. This position may be paid or unpaid depending on the status of the employer.

Reserve Bank of India (RBI) came into function from April 1,1935. RBI is considered central banking institution in India. It controls monetary policy of Indian rupee. With its headquarter situated at Mumbai, RBI reserves US$ 311.86 billion. It plays a vital role in development strategy of Indian government.

Application procedure for summer internship at Reserve Bank of India :

Candidates interested in taking internship program under RBI will have to fill a prescribed application form and send it to the address given below:

The Chief General Manager
Reserve Bank of India
Human Resource Management Department
Training Division
Amar Building, 3rd floor
Sir P.M Road, fort
Mumbai
India-400001

RBI sets a certain eligibility criteria according to which only the students currently studying in post graduation under following course can apply. These courses are management/economics/banking/finance/law. Candidate should be in 2nd semester or above to apply for this training.

Selection Process :

Candidates will have to face personal interview with the authorities. They will be called upon at the end of this year immediately after the completion of application procedure.

Selected candidates will be eligible to get monthly stipend of Rs. 12,800. Out stationed candidates will have to make their own arrangement for fooding and lodging. However, selected candidates will be paid return fair by rail.

The selected candidates will be informed by email about commencement of training, which will be held in Mumbai. The duration of internship will be of three months starting from the month of July till October.

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