Are you planning to apply for the RBI Internship 2024? Then today we will tell you everything about the RBI Internship so your chances of getting selected goes high.
The RBI (Reserve Bank Of India) has offered a summer internship for students who are pursuing undergraduate or postgraduate studies in economics, banking, finance, or similar fields.
This internship will expose you to the workings of RBI and you will also learn about how Central Banking System works.
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RBI Internship 2024 Eligibility Criteria
Just like every other government internship the RBI RBI Internship 2024 also has some eligibility criteria but it has different criteria for UG, PG, and students doing integrated courses & Law.
Educational Qualifications
Undergraduate Students: Students pursuing a full-time three-year bachelor’s degree in any discipline from a recognized university/institution in India.
Postgraduate: Students pursuing a full-time two-year master’s degree in Economics, Banking, Finance, or related fields from a recognized university/institution in India.
Integrated Courses: Students pursuing an integrated five-year course in Management/Statistics/Law/Commerce/Economics/Econometrics/Banking/Finance from a recognized university/institution in India.
Law: Students pursuing a three-year full-time professional bachelor’s degree in Law from a reputed institution/college located in India. Only penultimate-year students are eligible to apply.
General Eligibility Criteria
- Applicants must be citizens of India or should have an OCI (Overseas Citizenship of India) card.
- Applicants must have scored a minimum of 60% marks in their UG & PG exams.
- Applicants must be fluent in writing and speaking English.
- Applicants must be between the ages of 21 and 28 years old.
- Applicants should not have any medical condition and should be physically fit.
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Citizenship | Indian. |
If not Indian | Must have OCI card. |
Minimum Marks | Minimum 60% i n UG & PG. |
Language | Must be fluent in English speaking and writing. |
Age Limit | Applicants must be between the ages of 21 and 28 yrs old. |
Law Students | Only penultimate-year students are eligible to apply. |
RBI Internship 2024 Selection Process
The Selection Process for the RBI Internship is based on the online application form, after that, the applicants will go through a shortlisting process and will end with an interview.
Application Process Of RBI Internship 2024
The online application form for the internship is typically available on the RBI website between October 15th and December 15th of the year before the internship starts.
Why You Should Apply For RBI Internship 2024?
There are many reasons to apply for the RBI Internship some of them the mentioned below:
- While in Internship RBI will pay you a stipend of Rs 5000/- every month.
- Expose to the working of the Central Bank of India which is RBI.
- The biggest opportunity to learn about the Central banking System.
- A certificate of completion
More About RBI Internship
It is a summer internship so the internship will be held in months of April and May.
Applicants selected for internship will be placed in different departments of RBI such as the Department of Economic Research, the Department of Monetary Policy, and the Department of Banking Regulation.
Every intern will be assigned with tasks and projects that are related to their area of study.
The experienced and senior RBI staff will guide, teach, and monitor all the interns.
NOTE: THE APPLICATION PERIOD FOR THE RBI INTERNSHIP 2024 IS TYPICALLY FROM THE 15TH OF OCTOBER 2023 TO THE 15TH OF NOVEMBER 2023
Conclusion
RBI Internship 2024 is a very big opportunity for students in this field, you are getting the opportunity to work for the Central Bank of India, which in itself is a big thing, so do not miss out on this opportunity and apply now.