RBI Recruitment 2024 Notification, Exam Date, Eligibility, Selection Process

RBI Recruitment 2024 Notification

RBI Recruitment 2024 Notification: Speculations are made that the official RBI recruitment notification will be made public anytime in May 2024. If you’re also someone waiting for recruitment notifications in the banking sector, this could be the perfect opportunity for you to grab. 

The notification release is on hold and may be made available after the conclusion of the Lok Sabha Elections. While the notification announcement is around the corner and you may get it anytime in June, you must familiarize yourself with the important details of this recruitment. 

We’ve tried to cover some basic yet essential details related to the RBI Recruitment 2024. You can learn about the application process, eligibility criteria, other requirements, and more here. However, for the most recent updates, you should keep a check on the official link— www.rbi.org.in

An Overview Of The RBI Recruitment 2024

Here’s a quick overview of the department and RBI Recruitment 2024:

Exam NameRBI Grade B 2024 Exam
Exam Conducting BodyReserve Bank of India
Exam CategoryRegulatory Body Exam
Exam LevelNational
Exam ModeOnline
Vacancies200-300 (Expected)
Language of ExamEnglish and Hindi
PeriodicityOnce a Year
Selection ProcessPrelims, Mains & Interview
Maximum No. of Attempts6 for a General Category Candidate
Online Registration StartJune 2024
Last Date to ApplyJune 2024
RBI Grade B Exam Date 2024 for Phase 1June/July 2024
RBI Grade B Exam Date 2024 for Phase 2July 2024
Eligibility – Age Limit21 to 30 Years
Application FeeVaries according to the categories 

Important Events and Dates

You may check the important events of this recruitment through the following table. Also, we’ve elaborated on the expected dates of those particular events:

EventExpected Dates
Commencement of online registration of applicationJune 2024
Closure of registration of applicationJune 2024
Closure for editing application detailsJune 2024
Last date for printing your applicationJune 2024
Online Fee PaymentJune 2024
RBI Grade B Exam Date 2024 for Phase 1June/July 2024
RBI Grade B Exam Date 2024 for Phase 2July 2024

What To Know About the Eligibility Criteria?

Candidates willing to apply for the RBI recruitment should make themselves aware of the eligibility parameters. You can check the eligibility details here:

  •  You must have a bachelor’s degree to apply for the Grade B Recruitment. The educational qualifications for DEPR and DISM positions may vary. 
  • The applying candidates should range between 21 years and 30 years. Further relaxations may be enjoyed by the students under reservation rules. 
  • You should check the official site to know the given age relaxation and the detailed educational qualifications. 

RBI Grade B 2024 Application Fees

Here’s the application fees for different categories while applying for the RBI Recruitment 2024:

Category Application Fees 
Staff of RBI Exempted 

RBI Grade B Vacancy 2024

It’s worth mentioning that the official vacancy count is not yet announced. Expectations are this year the available vacancies will be the same as the previous year. Until the official data is released, let’s take a look at the expected vacancy count of RBI Grade B Recruitment 2024:

Officers in Grade B (DR)–(General)222
RBI Gr. B Officer (DR) – DEPR 38
RBI Gr. B Officer (DR) – DSIM31
Total291 (Expected)

RBI Grade B 2024 Exam Pattern

RBI Grade B exams are held in two phases and the final stage is the personal interview. Being familiar with the exam pattern makes your preparation easier and you may focus more on time management inside the exam center. Here’s what to know:

RBI Grade B Phase I

SectionsTotal Ques.MarksDuration
Reasoning606045 mins
General Awareness808025 mins
English Language303025 mins
Quantitative Aptitude303025 mins
Total2002002 hours

RBI Grade B Phase II Exam Pattern

PapersType of TestTotal MarksDuration
Paper 1 – Economic and Social Issues50% Objective Test (30 objective questions) + 50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)50 marks (Objective) + 50 marks (Descriptive)30 mins (Objective) & 90 mins (Descriptive)
Paper 2 – English (Writing Skills)Descriptive Test100 marks90 mins
Paper 3 – Finance and Management50% Objective Test (30 objective questions) + 50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)50 marks (Objective) + 50 marks (Descriptive)120 mins

RBI Grade B Interview 

  • The candidates who will successfully clear the phase I and phase II examinations will be further called for the interview.
  • The interview round should be cleared to get shortlisted in the selected candidates’ list.
  • The weightage of the interview round will be 75 marks.
  • You are free to appear for the interview round either in Hindi or English.

Salary Structure For RBI Grade B Officer

Here are the perks and basic salary structure for the Grade B Officer in the RBI department:

ParticularsSalary Structure
RBI Grade B Officer’s Basic PayRs 55,200/- P.M.
Payscale for an RBI Grade B OfficerRs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years)
RBI Grade B Salary – Allowances Giveni. Dearness Allowance,ii. Local allowance,iii. House Rent Allowance,iv. Family allowance andv. Grade Allowance
The gross monthly emoluments for an RBI Grade B OfficerRs 1.08 Lakhs approximately.

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MPTAAS Scholarship Status 2024: Eligibility Documents Apply Online

SHSB CHO Recruitment 2024: What You Must Know!

FAQs: RBI Recruitment 2024 Notification

Ques 1. In how many months can I prepare for the RBI Grade B examination?

Ans. Though it completely depends on the candidates’ willpower and preparation potential, you can clear the Grade B examination in.

Ques 2. Will I have to face any negative markings in this examination?

Ans. Yes, 0.25 marks are deducted for every wrong answer you’ve attempted. 

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