About the Job Summer Placements The summer placements afford an opportunity to domestic and foreign students to expose themselves to an actual central banking environment and undertake projects on the issues relevant to the Central Bank with the guidance from experts and professionals in the Central Bank. Domestic studentsThe Reserve Bank of India (RBI) invites applications from eligible candidates for Summer Placement in various Offices of the Bank.Who can apply?Students pursuing a) post-graduate courses b) Integrated five-year courses in Management / Statistics / Law / Commerce / Economics / Econometrics / Banking / Finance c) Three-year full time professional bachelor’s degree in Law from reputed Institutions / Colleges located in India. Students who are currently in the penultimate year of their course can only apply for the summer placement.How to apply?Eligible students should apply for summer placement through the online web-based application form from 15th October to 15th December of the previous year for internship starting from April of next year. The candidates shall ensure that they correctly mention the state in which their college/ institute is located.Detailed list of Control Offices is as per below: Sr. No. States / UT Control Office Centre 1 Maharashtra, Goa, Daman & Diu and Dadara & Nagar Haveli Reserve Bank of IndiaHuman Resource Management Department (Training & Development Division),Central Office, 21st Floor, Central Office Building,Shahid Bhagat Singh Road, Mumbai – 400 001E-mail Mumbai 2 Gujarat Reserve Bank of IndiaP.B.No.1, Ashram RoadAhmedabad – 380 014E-mail Ahmedabad 3 Karnataka Reserve Bank of India10/3/08, Nrupatunga RoadP.B.No.5467Bangalore – 560 001E-mail Bangalore 4 M.P., Chattisgarh Reserve Bank of IndiaHoshangabad RoadP.B. No. 32Bhopal – 462 011E-mail Bhopal 5 Odisha Reserve Bank of IndiaPt. Jawaharlal Nehru MargP.B. No.16Bhubaneswar – 751 001E-mail Bhubaneswar 6 Haryana & Punjab Reserve Bank of IndiaCentral VistaOpp. Telephone BhawanSector 17Chandigarh – 160 017E-mail Chandigarh 7 Tamil Nadu & Pondicherry Reserve Bank of IndiaFort GlacisNo.16 Rajaji SalaiP.B. No. 40Chennai – 600 001E-mail Chennai 8 All North Eastern States Reserve Bank of IndiaStation Marg, PanbazarP.B. No. 120Guwahati – 781 001E-mail Guwahati 9 Andhra Pradesh Reserve Bank of India6-1-56, Secretariat Road,Saifabad, P.B. No. 1Hyderabad – 500 004E-mail Hyderabad 10 Rajasthan Reserve Bank of IndiaRambagh Circle, Tonk RoadP.B.No.12Jaipur – 302 004E-mail Jaipur 11 Jammu & Kashmir Reserve Bank of IndiaRail Head ComplexJammu – 180 012E-mail Jammu 12 Uttar Pradesh Reserve Bank of IndiaMahatma Gandhi RoadP.B.No.82/142Kanpur – 208 001E-mail Kanpur 13 West Bengal & Andman & Nicobar Islands Reserve Bank of India15, N.S. RoadKolkata – 700 001E-mail Kolkata 14 New Delhi & Himachal Pradesh Reserve Bank of India6, Sansad MargNew Delhi – 110 001E-mail New Delhi 15 Bihar & Jharkhand Reserve Bank of IndiaSouth Gandhi MaidanP.B. No. 162Patna – 800 001E-mail Patna 16 Kerala & Lakshadweep Reserve Bank of IndiaBakery JunctionP.B. No. 6507Thiruvananthapuram – 695 033E-mail Thiruvananthapuram 17 Uttarakhand Reserve Bank of India74/ 1, Raipur RoadGMVN RoadDehradun – 248 001E-mail Dehradun Instructions regarding on-line application form General Rules/ Instructions to candidates Selection The Bank will select a maximum of 125 students for summer placement every year. In the month of January / February of the following year, the interview for the short-listed candidates will be held at the offices as indicated. The short-listed outstation candidates will be required to bear the travel costs of journey to the office of RBI and back for this purpose. Names of selected students will be communicated in the month of February / March. Selected outstation candidates will be reimbursed AC II Tier return fare by rail (or equivalent amount) from the place of his/her institute to the place of summer placement for undertaking the project. Declaration of Secrecy Summer trainees are required to furnish a declaration of secrecy to the Bank before reporting for the internship. Duration Normally the period of placement will be for a maximum of three months during the period from April to July. The period may be reduced/extended at the discretion of the Bank. Place of Summer Training Summer trainees will be required to undertake the project at the centre corresponding to the state of their institute, as per the table given above. Facilities Summer trainees are eligible to receive a monthly stipend of ₹20,000/- per month. Outstation trainees will be required to make accommodation arrangements on their own. Link for online web-based application for Who can apply? Students pursuing higher studies in economics, finance, banking, management, law (five-year programme) and related fields in universities / institutes abroad are eligible to apply. How to apply? Eligible students should fill the application in prescribed form and mail it to the address given below. The Chief General ManagerReserve Bank of IndiaHuman Resource Management Department (Training & Development Division),Central Office, 21st Floor, Central Office Building,Shahid Bhagat Singh Road,Mumbai – 400 001 An advance copy of the application can be e-mailed. When to apply? Applications should be forwarded to the above address between 1st November and 31st December, of the previous year for internship starting from July of next year. Applications received after this date will not be considered. Duration The normal duration of summer placement will be for a maximum of three months during the period from July to October every year. Selection Applicants will be informed about their selection before February 15 every year along with other information such as the area/topic of study, related department of the Bank etc. Place of Summer Training Selected Trainees will be required to undertake a project only at Central Office departments of the Bank located in Mumbai. Declaration of Secrecy Summer trainees are required to furnish a declaration of secrecy to the Bank before reporting for the internship. Facilities Summer trainees will be eligible to receive monthly stipend of ₹ 20,000/- per month. The trainees will have to bear the cost of their travel to / from Mumbai and will be required to make accommodation arrangements on their own. Download the Application Form – Foreign Students CLICK HERE TO APPLY NOW! Disclaimer: All information posted by us on Lexpeeps is true to our knowledge. But still, it is suggested that you check and confirm things on your level. EXPLORE MORE SUCH OPPORTUNITIES HERE! 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