Reserve Bank of India invites applications for Summer Internship Programme.
About the RBI Summer Internship Programme
The Reserve Bank of India Summer Internship Programme is designed to provide students with exposure to central banking operations, financial regulation, and policy-oriented research. The internship is conducted in offline mode at RBI offices across India and is open to eligible students from specified academic disciplines, including law.
Participants selected for the programme may work on assignments connected with banking regulation, statutory compliance, financial sector governance, and institutional policy research. The internship is structured to familiarise students with the functioning of India’s central banking framework and regulatory systems.
The programme is conducted twice each year depending on institutional requirements, with internship cycles beginning on 1 January and 1 July.
Mode of Internship
The internship is conducted in offline mode at designated offices of the Reserve Bank of India across multiple locations in India.
Selected candidates are required to attend the internship physically for the duration of the programme.
Duration
The duration of the internship is up to three months depending on the assignment and institutional requirements.
Internship cycles begin either from 1 January or 1 July each year.
Stipend
Selected interns receive a stipend of ₹20,000 per month.
Outstation candidates may also receive travel allowance as per applicable guidelines of the programme.
Eligibility Criteria
Applications are invited from students pursuing the following academic programmes:
- Postgraduate courses in relevant disciplines
- Integrated five-year courses in Management, Statistics, Law, Commerce, Economics, Econometrics, Banking, or Finance
- Three-year full-time professional bachelor’s degree in Law from recognised institutions in India
Only students currently in the penultimate year of their course are eligible to apply for the internship.
Applicants must ensure that their academic status satisfies the eligibility requirement at the time of submitting the application.
Nature of Work
Interns selected under the programme may assist with research assignments connected with central banking and regulatory policy. Assignments may involve examination of legal and financial frameworks governing banking institutions and financial markets.
Students from law backgrounds may work on matters relating to banking law, regulatory compliance structures, and statutory interpretation connected with financial sector regulation.
The exact nature of assignments depends on departmental allocation and institutional requirements during the internship period.
Selection Process
Candidates are shortlisted based on evaluation of their curriculum vitae, references, and Statement of Purpose submitted along with the application form.
Shortlisted applicants may be invited for a personal interview as part of the final selection process.
Applications that are incomplete or submitted without required supporting documents may not be considered.
References submitted as part of the application may be obtained from faculty members of the applicant’s institution.
Application Timeline
Selections for the internship are conducted twice each year depending on RBI requirements.
For internships beginning on 1 January:
Applications are accepted from July to November of the preceding year and examined in December.
For internships beginning on 1 July:
Applications are accepted from January to May and examined in June.
Applications submitted for one cycle are valid only for that specific batch and will not be considered for subsequent internship cycles. Candidates not selected must submit a fresh application for the next cycle.
Application Process
Interested candidates must submit their application through the RBI internship portal along with the following documents:
- Curriculum vitae
- Statement of Purpose
- References
- Duly filled application form
Application form download link
Click here to access Official website
Applications submitted through any mode other than the official portal will not be considered.
