The Reserve Bank of India (RBI) is expected to release the RBI Grade B DEPR 2027 Notification PDF for the recruitment of Officers in Grade ‘B' (Direct Recruit) under the Department of Economic and Policy Research (DEPR) stream. Based on the recruitment timeline followed in the previous cycle, the notification is expected to be released in March or April 2027. The online application process is likely to remain open for around 20-25 days from the date of notification. In this article, candidates can check all the important details about the RBI Grade B DEPR Notification 2027, including expected dates and the notification PDF download link.
When is the RBI Grade B DEPR 2027 notification expected to be released?
RBI Grade B DEPR 2027 Notification is expected in March or April 2027. It will include details about vacancies, application dates, eligibility, exam pattern, syllabus, selection process, and other important instructions. Candidates interested in the Department of Economic and Policy Research (DEPR) should check the official notification once released.
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RBI DEPR Notification PDF download link
The RBI Grade B DEPR 2027 Notification PDF is expected to be released in March or April 2027. Once the official notification is released, the direct download link will be provided below. Until the 2027 notification is released, candidates can refer to the previous recruitment cycle's notice PDF.
Download RBI Grade B DEPR Notification 2027
What are the important dates for RBI Grade B DEPR 2027 exam?
The RBI Grade B DEPR 2027 notification will include important dates for registration, fee payment, application correction, Phase 1, Phase 2, interview, and final result. The notification is expected in March to April 2027, with the application window likely to remain open for 20–25 days. Phase 1 is expected in May to June 2027, followed by Phase 2 in June to July 2027.
| Events | RBI Grade B DEPR 2027 (Expected) | RBI Grade B DEPR 2026 (Official) |
|---|
| Notification Release Date | March-April 2027 | 29th April 2026 |
| Online Application Start Date | March-April 2027 | 29th April 2026 |
| Last Date to Apply Online | 20-25 days after notification | 20th May 2026 |
| Last Date for Fee Payment | Along with application deadline | 20th May 2026 |
| Application Correction Window | As per official notification | 25th–26th May 2026 |
| Last Date to Print Application | As per official notification | 5th June 2026 |
| Phase 1 Exam | May-June 2027 (Expected) | 14th June 2026 |
| Phase 2 Exam | June-July 2027 (Expected) | 26th July 2026 |
| Interview | July-August 2027 (Expected) | To be announced |
| Final Result | August-September 2027 (Expected) | To be announced |
How many vacancies are expected for RBI Grade B DEPR 2027?
The RBI Grade B DEPR 2027 vacancy will be released through the official notification. Based on the previous recruitment cycle, around 10+ vacancies may be expected for the DEPR stream. In the 2026 recruitment cycle, RBI announced 10 vacancies for Grade ‘B' (DR) DEPR. However, the exact number of vacancies for 2027 may increase or decrease depending on the requirements of the Reserve Bank of India.
| Category | Vacancies (2027) | Vacancies (2026) |
|---|
| General (UR) | TBA | 4 |
| EWS | TBA | 1 |
| OBC | TBA | 3 |
| SC | TBA | 1 |
| ST | TBA | 1 |
| Total | TBA | 10 |
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RBI Grade B DEPR Apply Online 2027
The RBI Grade B DEPR 2027 online application process is expected to begin in March or April 2027, after the release of the official notification. Based on the previous recruitment cycle, candidates may get around 20–25 days to complete the online registration and fee payment process.
Check RBI Grade B DEPR Application Link
How to apply online for the RBI DEPR?
RBI Grade B DEPR application process is expected to begin soon. Candidates must apply online through the official RBI website, rbi.org.in, within the given dates. Follow the steps below to complete the registration, fill out the application form, upload the required documents, verify your details, and submit the application successfully.
- Visit the official RBI website – Go to rbi.org.in, open Opportunities @ RBI → Current Vacancies → Vacancies, and click on the "Online Application Form" link in the relevant advertisement.
- Register as a new user – Click on "Click here for New Registration" and enter your name, contact details, and email ID. Note down the Provisional Registration Number and Password displayed on the screen, which will also be sent to you by email and SMS.
- Fill out the application form – Log in using your registration details, enter the required information, and upload your photograph, signature, left thumb impression, and handwritten declaration as per the given specifications.
- Preview and verify details – Check all the information entered in the application form and ensure that the uploaded documents meet the specified requirements before proceeding.
- Submit the application – After verifying all the details, click on the "Submit" button to complete the RBI Grade B DEPR application process.
What is the RBI Grade B DEPR application fees?
The RBI Grade B DEPR 2027 application fee is expected to remain similar to that of the previous recruitment cycle, where General category candidates had to pay an application fee of ₹850 + GST, while SC/ST and PwBD candidates had to pay an application fee of ₹100 + GST.
| Category | Charges | Amount |
|---|
| SC/ST/PwBD | Intimation Charges only | ₹ 100/- + 18% GST |
| GEN/OBC/EWSs | Application fee including intimation charges | ₹ 850/- + 18% GST |
| STAFF | Nil | Nil |
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What are the RBI Grade B application fee payment methods?
RBI Grade B application fee must be paid online while submitting the form through the official RBI website. Candidates can use a debit card, credit card, net banking, UPI, or digital wallet to make the payment. After successful payment, an e-receipt will be generated for reference. Candidates should avoid refreshing or closing the payment page until the transaction is complete.
| Section | Details |
|---|
| Accepted Online Payment Options | • Debit Cards (RuPay / Visa / MasterCard / Maestro)
• Credit Cards
• Net Banking (Internet Banking)
• UPI (Unified Payments Interface)
• IMPS (Immediate Payment Service)
• Mobile Wallets / Cash Cards |
| Important Instructions for Fee Payment | • Payment is accepted only in online mode (no offline option)
• Do not refresh or press back during payment to avoid double charge
• An e-receipt is generated only after successful payment
• If the e-receipt is not generated, it means payment has failed → retry
• The application fee is non-refundable under any circumstances |
What is the RBI Grade B DEPR eligibility criteria 2027?
Before applying for RBI Grade B DEPR, candidates should check all the eligibility conditions in the official notification PDF. Meeting these requirements is essential, as applications that do not fulfil the criteria may be rejected at any stage. The eligibility criteria cover the age limit, educational qualifications, minimum marks, preferred qualifications, and category-wise age relaxation.
What is the age limit for RBI Grade B DEPR?
As per the last cycle RBI Grade B DEPR detailed notification, candidates must be between 21 and 30 years of age. The age will be calculated with reference to the date mentioned in the official notification. Relaxations in the upper age limit are applicable for reserved categories and candidates with higher qualifications, as detailed below:
| Category | Age Limit | Age Relaxation | Maximum Age Limit |
|---|
| General | 21–30 years | — | 30 years |
| OBC | 21–30 years | 3 years | 33 years |
| SC/ST | 21–30 years | 5 years | 35 years |
| Ex-servicemen & Ex-bank employees | 21–30 years | 5 years | 35 years |
| ECOs/SSCOs | 21–30 years | 5 years | 35 years |
| 1984 riots victims (family members) | 21–30 years | 5 years | 35 years |
| PwBD (General) | 21–30 years | 10 years | 40 years |
| PwBD (OBC) | 21–30 years | 13 years | 43 years |
| PwBD (SC/ST) | 21–30 years | 15 years | 45 years |
| Candidates with M.Phil/PhD | 21–30 years | 2–4 years | 32–34 years |
What educational qualifications are required for RBI Grade B DEPR?
As per the RBI Grade B DEPR previous cycle notification, candidates must hold a Master's degree in Economics or Finance from a recognized university with the required minimum marks. In addition to the essential qualification, certain skills and experience are considered desirable for the DEPR post.
| Criteria | Details |
|---|
| Minimum Educational Qualification | Master's Degree in Economics / Finance or allied subject Economics: MA / MSc in Economics, Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics
Finance: MA / MSc in Finance, Quantitative Finance, Mathematical Finance, International Finance, Business Finance, Banking & Trade Finance, Project & Infrastructure Finance, Agri Business Finance |
| Minimum Marks | 55% marks (General/OBC/EWS)
50% marks (SC/ST/PwBD) |
| Eligible Economics Specializations | Economics, Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics |
| Eligible Finance Specializations | Finance, Quantitative Finance, Mathematical Finance, International Finance, Business Finance, Banking & Trade Finance, Project & Infrastructure Finance, Agri Business Finance |
| Desirable Qualification | PhD in Economics/Finance, research experience, strong knowledge of econometrics, data analysis, and relevant software/tools |
What is the exam pattern for the RBI DEPR post?
The RBI Grade B DEPR exam is conducted in 3 stages Phase 1, Phase 2, and Interview. Phase 1 includes an Objective Economics paper and a Descriptive English paper, while Phase 2 has two Descriptive Economics papers. Candidates who clear the Phase 1 cut-off are shortlisted for Phase 2, followed by the Interview. The English paper in Phase 1 must be answered in English, while other papers and the Interview can be attempted in English or Hindi. The exam is conducted in shifts, with a single admit card issued for all papers.
| Phase | Paper | Type | Duration | Marks | Mode / Language |
|---|
| Phase-I | Paper-I: Economics | Objective | 120 mins | 100 | Online, Hindi/English |
| Paper-II: English | Descriptive | 120 mins | 100 | Online, English only (typed) |
| Phase-II | Paper-I: Economics | Descriptive | 120 mins | 100 | Question on computer, answers on paper, Hindi/English |
| Paper-II: Economics | Descriptive | 120 mins | 100 | Question on computer, answers on paper, Hindi/English |
| Interview | Personal Interview | 75 | Hindi/English |
What is the syllabus of RBI Grade B DEPR post?
The RBI Grade B DEPR syllabus includes 3 main subjects: Economics, Quantitative Methods, and Indian Economy. In Phase 1, the syllabus covers basic topics such as Microeconomics, Macroeconomics, International Trade, Public Finance, Environmental Economics, Quantitative Methods, and Current Developments in the Indian Economy, along with an English descriptive paper.
In Phase 2, the syllabus includes advanced topics from Microeconomics, Macroeconomics, Quantitative Methods, and Indian Economy, such as econometrics, fiscal and monetary policy, banking, inflation, and the external sector. All sections in Phase 2 carry equal importance in the exam.
| Phase | Paper | Modules / Topics |
|---|
| Phase-I | Paper-I: Economics | Microeconomics, Macroeconomics, International Economics, Economic Growth & Development, Public Finance, Environmental Economics, Quantitative Methods, Current Developments in Indian Economy |
| Paper-II: English | Writing skills, comprehension, clarity, expression |
| Phase-II | Paper-I: Economics | Microeconomics: Consumer & production theory, market structures, distribution, welfare economics
Macroeconomics: National income, employment, output, inflation, money & banking, economic growth, international trade, public finance |
| Paper-II: Economics | Quantitative Methods: Mathematical & statistical methods, econometrics, AI/ML basics
Indian Economy – Policy & Trends: Fiscal & monetary policy, banking & financial sector, inflation, external sector, sectoral & social developments |
