RBI Summer Placements, Stipend upto ₹ 20,000/- p.m. [APPLY NOW]

RBI Summer Placements, Stipend upto ₹ 20,000/- p.m. [APPLY NOW]


The summer placements afford an opportunity to domestic and foreign students to expose themselves to an actual central banking environment and undertake projects on the issues relevant to the Central Bank with the guidance of experts and professionals in the Central Bank.

Reputed Institutes/Colleges located in India are called to forward applications for eligible/interested students to the respective "Control Offices of Reserve Bank of India".



Who can Apply:

1. Indian Students:

Students pursuing a) post-graduate courses b) Integrated five-year courses in Management / Statistics / Law / Commerce / Economics / Econometrics / Banking / Finance or three-year full-time professional Bachelor’s degree in Law from reputed Institutions / Colleges located in India can apply for summer placement during their penultimate year / semester.

2. Foreign Students

Students pursuing higher studies in economics, finance, banking, management, law (five-year program), and related fields in universities/institutes abroad are eligible to apply.




1. Indian Students:

 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.

2. Foreign Students:

The normal duration of summer placement will be for a maximum of three months during the period from July to October every year.



How to Apply:

1. Indian Students

Eligible students should apply for summer placement through the online web-based application form through their respective institutes to the “Control Offices of Reserve Bank of India”.

2. Foreign Students

Applications should be forwarded to the above address between 1st November and 31st December, of the previous year for an internship starting from July of next year. Applications received after this date will not be considered.



Important Points:

  • Last date to apply: 15th October to 31st December
  • Stipend: 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.




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