RBI Grade B 2018 Notification Released Online Application at rbi.org.in for Officer Posts

RBI Grade B 2018: Reserve Bank of India (RBI) that controls the monetary policy of Indian rupee is going to implement one direct recruitment based exam, to fill the Officer posts in its units. While referring the official notification, we come to know that there is a total of 166 vacant positions available under the designation of Grade B Officer posts. So we encourage youngsters who have the desire of entering into RBI to write this exam. Eligible and interested candidates can apply for this RBI Grade B Recruitment 2018 through Online mode before the last date 23-07-2018. The first phase of the examination is going to be conducted on 16-08-2018 and the main exam is organized on 07-08-2018. Elaborated details of this RBI Grade B 2018 are clearly explained in the below section.

RBI Grade B Exam 2018 – Highlights
Post Name Grade B Officer
Vacancies 166
Qualification Degree
Job Type Regular
Selection Written Test and Interview
Application Online
Last Date 23-07-2018
Job Location All india

RBI Grade B 2018

Aspirants who are ready to serve anywhere in India as posted by RBI are only motivated to apply against this Officer position. Except SC/ ST/ OBC/ PWD category, individuals who had already appeared six times in Phase-I exam regarding previous Grade B Officer exam notices released by RBI are not eligible to apply this time.

  • Newly arised vacancies and backlog openings are planned to be filled
  • Maximum number of attempts permitted is 6
  • RBI employees can also apply

In centres under 34 states/ union territories across country, this test is going to be executed. Indicated number of vacancies (more than hundred) is tentative and it may change at the time of appointment.

Salary and Other Benefits

First aspirants will be placed only as a probationer in Officer position under Grade-B category, for 2 or 4 years. On seeing their satisfactory performances candidates may be moved as a permanent employee in RBI. Apart from salary, designees would also get Dearness Allowances, House Rent Allowances, Family Allowances, Leave, etc. as per bank rules.

  • Minimum and Maximum salary will be Rs.35150 – 62400/-
  • Accommodation and other allowances are applicable
  • Promotion to higher grades is also applicable.

Dates to Remember

RBI Grade B Officer Exam 2018 – Important Dates
Online registration and payment can be done from 03rd July 2018
Last date for filling online application and making payment 23rd July 2018
Phase-I Examination Date (tentatively) 16th August 2018
Phase-II Examination Date 7th September 2018

Eligibility Criteria for RBI Grade B 2018 Exam

 Qualification: The minimum educational requirements to apply against Officer posts in RBI is a degree with good academic records in School level and College level. Higher qualification is also an acceptable one.

  •  Bachelor Degree
  • 50% mark is enough for SC/ ST/ PWDs
  • 60% marks is needed for others.

Age Limit: Young candidates are mostly wanted for this Officer position. So bank has set following minimum and maximum age limits to apply for this exam. Before submitting applications aspirants are advised to calculate their ages as on date mentioned in advertisement.

  • Minimum age: 21 years
  • Maximum age: 30 years

 Age Relaxations: Highly qualified candidates and experienced guys as an Officer in commercial banks or financial institutions shall be offered with relaxations in upper age, on production of valid document proofs.

  • M.Phil studied candidates: 32 years
  • Ph.D studied candidates: 34 years
  • Experienced persons: should not exceed 33 years (after relaxing experience period)

By seeing the category, bank has planned to give following relaxations to applying candidates as per its rules.

Category Years of Relaxation
OBC 3 years
SC/ ST/ Ex-serviceman/ Commissioned Officers 5 years
PWD (General) 10 years
PWD – OBC 13 years
PWD – SC/ ST 15 years
RBI Employees As per bank rules


Selection Process

To acquire these Officer jobs in RBI bank, candidates have to successfully come across two tests and one oral interview. Here we have explained about exam stages one-by-one. Other than this, additional informations will be given in the information handout that will be released at the time of issuance of admit cards for test.

Phase-I Examination:

Exam will be conducted on one shift in a given day. Full of objective type questions shall only come. Number of questions that will be asked is 200 from following topics.

  • General Awareness
  • English Language
  • Quantitative Aptitude
  • Reasoning

Phase-II Examination:

Depending upon Phase-I marks only shortlisted candidates would be permitted to write this phase-II test. Exam will be both in objective and descriptive manner. There will three papers of questions and the time given for each paper is 90 minutes. Maximum marks for each paper is 100.

  • Economic & Social Issues
  • English
  • Finance & Management

Interview: By seeing the Phase-II test marks, bank will shortlist some of the candidates and publishes their roll numbers in its official website by asking them to attend the interview round of selection. Maximum marks for which interview will be conducted is 50.

  • Either in Hindi/ English

Cut-off: In each subject/ papers of exam, aspirants have to secure the minimum cut-off that is set by bank. Otherwise they will be declared as disqualified at any stage of test.

Merit List: By combining the Phase-II Examination and Interview marks, final merit list will be prepared by RBI. The reservation norms, number of vacancies, etc. would also be taken into account. On this merit basis only finally appointment will be done.

  • Merit List = Phase-II Exam mark + Interview mark

How to Apply for RBI Grade B 2018

Application Fee: Except RBI staffs, others have to pay application and intimation charges for this recruitment. But, candidates falling under SC/ ST/ PWD category no need to remit application fee.

  • Application Fee: Rs.750/-
  • Intimation Charges: Rs.100/-
  • SC/ ST/ PWDs: Intimation Charges only
  • RBI employees: No fees
  • Payment Mode: Online (Debit/ Credit Card/ Net Banking)

Applying Procedure: Through internet site job applications have to be submitted by candidates who are having interest. But before beginning to register, keep valid email id and scanned copies of photo, signature, etc. with you. The guidelines to apply are given here.

  • Open the bank’s website rbi.org.in.
  • Go to “Opportunities @RBI -> Current Vacancies -> Vacancies” and click the relevant recruitment link.
  • Hit the hyperlink “Applications (Apps)” in the advertisement page.
  • It redirects aspirants to “Online Application”.
  • Do the New User Registration and get the registration number, password.
  • Login and fill the requisite details in application and upload the scanned photo, signature.
  • Use “Save and Next” button after filling each mandatory fields.
  • Click “Preview” and check the entered information.
  • Then press “Final Submit” button.
  • Remit the application fee, by clicking on “Payment” tab.
  • Finally take printout of e-Receipt copy and pdf form of submitted application.

SC/ ST/ OBC/ PWDs willing to undergo Pre-examination training have to apply separately to the concerned “Regional Director/ General Manager of RBI” before due date, by submitting application on prescribed format i.e. as given in official notice.

Reference Links
Official Notification rbi.org.in

Note: Regarding one of the upcoming Grade ‘B’ Officer examination (RBI Grade B 2018) of Reserve Bank we have provided lot of information on above section. Candidates who need more information can refer the official notice.

Updated: 2018-06-30 — 2:31 pm

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