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RBI Grade B 2023 Eligibility Criteria - Age, Education Qualifications

All the candidates must know the eligibility criteria before applying for RBI Grade B posts. We will look at all factors related to RBI Grade B eligibility in this blog. It would include age limit & age relaxation, educational qualification, and nationality.

RBI Grade B Eligibility Criteria 

We will update the latest eligibility criteria after the RBI Grade B 2023 notification is out on the website. 
RBI Grade B Eligibility Criteria 2022

Candidates, who applied for RBI Grade B 2022 exam ensured that they fulfilled the minimum eligibility criteria as specified by RBI in their advertisement.

The eligibility criteria for RBI Grade B 2022 recruitment as of 1st January 2022:

RBI Grade B Age Limit

The minimum age to apply for the RBI Grade B officer exam is 21 years. You should have completed 21 years of age as of the 1st of January 2022. Your birth date should not be after 1st January 2001.

The maximum age to apply for the RBI Grade B officer exam is 30 years of age. This means you should not be 30 years of age. As per the RBI Grade B 2022 notification pdf, your birth date should not be prior to 2nd January 1992.

(The candidate should not have been born before 2nd Jan 1992 and not after 1st Jan 2001.)

RBI Grade B Category-Wise Age Relaxations

The upper age limit extension for RBI Grade B exam aspirants is as mentioned below: 

  • For SC/ST Candidates: 5 years
     
  • For OBC Candidates: 3 years
     
  • For candidates having experience as an officer in Scheduled Commercial Banks, Public Sector Insurance Companies and All India Financial Institutions (AIFI) namely Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB) and Small Industries Development Bank of India (SIDBI), as also prior experience in Reserve Bank of India, the upper age limit is relaxed to the extent of the number of completed years of such experience subject to a maximum of three years. For such candidates, the upper age limit should not exceed 33 years including experience. For experience, the probationary period will not be reckoned.
     
  • Ex-employees of banking institutions whose services had to be terminated for reasons of economy or because of the bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and currently registered with Employment Exchange: 5 years
     
  • Candidates who had been domiciled in the State of Jammu and Kashmir during the period from the 1st January 1980 to the 31st day of December 1989: 5 years
     
  • Ex-servicemen: 5 years
     
  • ECOs/SSCOs: 5 years
     
  • Persons with disabilities: 10 years
     

This is represented in a table as follows:

CategoryAge Relaxation
Scheduled Caste / Scheduled Tribe (SC / ST)By 5 years
Other Backward Classes (OBC) By 3 years
Persons with Disabilities (PWD)By 10 years (GEN) 13 years (OBC) & 15 years (SC/ST)
Ex-ServicemenTo the extent of service rendered by them in Armed Forces plus an additional period of 3 years subject to a maximum of 50 years. 
Widows/divorced women/ women judicially separated who are not re-marriedBy 10 years 
Candidates domiciled in the state of Jammu and Kashmir during the period from 1st January 1980 to 31st December 1989.By 5 years
Candidates having work experience in the Reserve Bank of IndiaTo the extent of the number of years of such experience, subject to a maximum of 3 years.
Gen/EWSs in the case of PwBD.10 years
For SC/ST/ PwBDmaximum of 15
For OBC PwBDmaximum of 13 years
For candidates having experience as an officer in a Commercial Bank/Financial Institution in
Public Sector as also prior experience in the Reserve Bank of India, the upper age limit is relaxed
to the extent of the number of completed years of such experience subject to a maximum of
three years.

The upper age limit should not exceed 33 years including
experience.

Note- For experience, the probationary period will not be reckoned.

RBI Grade B Educational Qualifications

PostMinimum Educational Qualification
Officers in Grade 'B' (DR) - (General)Graduation in any discipline /Equivalent technical or professional qualification with a minimum of 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with a minimum of 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.
Officers in Grade 'B' (DR) - DEPR

Essential:
a. A Master's Degree in Economics / Econometrics / Quantitative Economics /Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute; 
 

OR

b. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University/Institute; 

 

OR

c. Master's Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute.

Note: SC, ST, and PwBD candidates having a second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters/years in Master's Degree examination or equivalent recognized qualifications are eligible to apply.

Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.
Candidates having M.Phil. Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.

d. (i) Candidates having a Master's Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in the upper age limit to the extent of a number of years of such experience subject to a maximum of three years. For experience, the probationary period will not be reckoned.

(ii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned above.

Officers in Grade 'B' (DR) - DSIM

Essential:
a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years;

OR

b. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from an Institute of repute;

OR

c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years;

OR

d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.
 

Note:

For SC, ST and PwBD candidates, the minimum marks required for a Master's Degree as in items (a), (b), (c), and (d) above is 50% or an equivalent grade in aggregate of all semesters/ years.
Desirable:

(i) Candidates with a Doctorate in topics related to the above subjects will be given preference. 

 

(ii) Research or teaching experience and publication in standard journals will be considered an additional qualification.
Note:

(i) Candidates possessing M.Phil. and PhD qualifications in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.
 

(ii) Candidates with research/teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in the upper age limit to the extent of the number of years of such experience subject to a maximum of three years. For experience, the probationary period will not be reckoned. 

(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned above

Nationality

A candidate must be either:-
(a) a citizen of India, or


(b) a subject of Nepal, or


(c) a subject of Bhutan, or


(d) a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India, or


(e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. 

Provided that a candidate belonging to categories (b), (c), (d), and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination but the offer of appointment may be given only after the necessary eligibility certificate has been issued to him/her by the Government of India.

You can read about the upper age relaxation in the RBI Grade B notification pdf for more clarity. 

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FAQs

Q. What is the selection procedure followed for RBI Grade B exam?

A. The RBI Grade B exam is conducted in three stages: Phase I (Prelims), Phase 2 (Mains), and the Interview round.

Q. What is the minimum qualification required for RBI Grade B? +

A. You will need a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor's degree OR a minimum of 55% percentage in your Post Graduation if you are a postgraduate (pass marks for SC/ST/PwBD applicants).

Q. What is the age criteria for RBI Grade B? +

A. The minimum age to apply for the RBI Grade B officer exam is 21 years. You should have completed 21 years of age as of the 1st of January 2022. Your birth date should not be after 1st January 2001.

The maximum age to apply for the RBI Grade B officer exam is 30 years of age. This means you should not be 30 years of age. As per the RBI Grade B 2022 notification pdf, your birth date should not be prior to 2nd January 1992.

(The candidate should not have been born before 2nd Jan 1992 and not after 1st Jan 2001.)

Q. What are the RBI Grade B exam dates? +

A. RBI Grade B 2022 Phase 1 exam for the Generalist post is scheduled on the 28th of May 2022 and RBI Grade B Phase 2 is scheduled on the 25th of June 2022.

Q. Will there be RBI Grade B exam in 2022? +

A. Yes, the RBI Grade B exam is being conducted in 2022. RBI Grade B Phase 1 exam is scheduled on the 28th of May 2022 and RBI Grade B Phase 2 is scheduled on the 25th of June 2022. The detailed notification got out on the 28th of March 2022.

Q. Can final year students apply for RBI Grade B exam 2022? +

A. No, the final year students cannot apply for the RBI Grade B exam. You need to complete your graduation and get a degree certificate in order to apply for the RBI Grade B exam. For RBI Grade B 2022, as of the 1st of January 2022, you should hold the minimum education criteria given in the notification.

Q. How many times can I attempt RBI Grade B exam? +

A. If you are a general category candidate, you have 6 attempts, whereas there is no bar on the number of attempts for SC/ST/OBC/PWD candidates. By 6 attempts, it means you should have taken the RBI Grade B Phase 1 exam 6 times. If you have already taken the RBI Grade B Phase 1 exam 6 times, then you are not eligible to apply.

Q. Is there any negative marking in RBI Grade B exam? +

A. Yes, there is negative marking in Phase 1 of the RBI Grade B exam. There is a negative marking of 0.25 marks for every incorrect answer in RBI Grade B Phase 1.

Q. Does RBI Grade B exam happens every year? +

A. Yes. The RBI Grade B exam happens every year barring a few years. It was conducted in the years 2014, 2015, 2016, 2017, 2018. 2019, 2021. RBI Grade B exam was not conducted in the year 2020. The RBI Grade B 2022 notification got out on the 28th March 2022.

Q. What is the Application Fee for RBI Grade B 2022 Exam? +

A. Application fee for the RBI Grade B is as follows:
For GEN/OBC/EWSs - Rs 850
For SC/ST/PwBD - Rs 100
For RBI Staff - Nil.
There is no application fee for the RBI staff.

Q. How is Oliveboard's Course for RBI Grade B exam preparation? +

A. Oliveboard's RBI Grade B online course is at present the best course for your preparation.
The course is curated by Riti Maám and this course covers all your preparation needs:
ESI & FM Video Lessons, LIVE Revision Classes, Descriptive Mock Tests with Expert Evaluation, ESI & FM Topic Tests, Descriptive Ans-Writing Platform, ESI & FM Study Notes, Current Affairs Capsules, Descriptive English Preparation, Model Descriptive Answers, Objective Mock Tests, Interview Preparation and much more.
Toppers have trusted and so can you!

Q. Do I need a minimum of 60% criteria in my 10th and 12th class in order to apply for the RBI Grade B exam? +

A. No, your 10th and 12th class/standard marks/percentage do not matter. You will need a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor's degree OR a minimum of 55% percentage in your Post Graduation if you are a postgraduate (pass marks for SC/ST/PwBD applicants).

Q. Are the RBI Grade B 2022 Phase 1 Admit Cards/Call Letters Out? +

A. Yes, the call letters for RBI Grade B 2022 Phase 1 exam are out on the RBI website along with the information handout. Check RBI website to download these.

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