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RBI Young Professional Engagement 2026

🔄 Last Updated: 16 June 2026
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The Reserve Bank of India has invited online applications for engagement of Young Professionals for different work areas in its Central Office Departments located at Mumbai. The engagement is intended to provide young professionals hands-on experience in the functioning of the Bank and an opportunity to work on short to medium term policy-related assignments. The notification was issued under Advt. No. RBI/TMD1/YP/06/2026-27/01 dated 15 June 2026. Eligible candidates can apply by sending the prescribed application proforma and required documents by email to yphrmdco@rbi.org.in on or before 06 July 2026.

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Main Information Eligibility Vacancy Details Selection Procedure Salary Structure Application Fees Important Links Important Instructions Required Documents FAQs
Main Information
Recruitment NameRBI Young Professional Engagement 2026
Advertisement NumberRBI/TMD1/YP/06/2026-27/01
Conducting OrganisationReserve Bank of India
Post NameYoung Professional
Total Positions12
Job LocationMumbai
Application ModeEmail
Notification Date15 June 2026
Last Date to Apply06 July 2026
Age LimitAbove 21 years and not more than 30 years as on 06 July 2026
Monthly StipendRs. 1,50,000
TenureInitial tenure of 3 years, extendable up to a total of 5 years
Selection ProcessScreening / Shortlisting, Document Verification and Interview
Official Websitewww.rbi.org.in
RBI Young Professional Engagement 2026 Eligibility / Education Qualification
CriteriaDetails
NationalityCandidate must be an Indian citizen.
Age LimitAbove 21 years and not more than 30 years as on 06 July 2026.
Cyber Security and Information Technology RiskPostgraduate degree or equivalent professional qualification in Cyber Security, Information Security, Computer Science, Information Technology, Data Science, Artificial Intelligence or related discipline.
Policy Analytics (DoS)B.E. / B.Tech / M.E. / M.Tech in Computer Science / Information Technology or Master's degree in Statistics / Data Science.
Climate Change Risk and Sustainable FinanceMaster's degree or postgraduate qualification in climate change studies, environmental science, environmental management, climate finance, sustainability studies, economics, financial economics, finance, banking and finance, statistics, econometrics, data science, analytics, public policy, disaster management, natural resource management or related quantitative disciplines.
Credit Risk Analytics & Regulatory PolicyMaster's degree or equivalent in Economics, Econometrics, Statistics, Finance, Mathematics, Data Science, Financial Engineering or related quantitative disciplines.
Payment EcosystemPostgraduate degree in Economics, Statistics, Finance, Commerce, Public Policy or Data Science; or B.E. / B.Tech / M.E. / M.Tech; or Chartered Accountant.
Policy and Research in Domestic & Cross-Border Payment SystemsPostgraduate degree in Economics, Statistics, Finance, Commerce, Public Policy or Data Science; or B.E. / B.Tech / M.E. / M.Tech; or Chartered Accountant.
Policy and Research (DEPR)Master's degree or PhD in Economics, with at least one course paper in Mathematics, Statistics or Econometrics during the Master's programme.
Artificial IntelligencePostgraduate, technical or professional degree in Artificial Intelligence, Computer Science, Public Policy, Data Science or related disciplines.
Quantum TechnologyPostgraduate, technical or professional degree in Quantum Computing, Physics, Electronics, Computer Science or Technology Policy.
Data AnalysisPost Graduation in Statistics or Economics with Econometrics as a subject.
Data Analytics and Policy ResearchPostgraduate degree in Economics, Operations Research, Finance, Statistics or Mathematics.
YP0626CEP01B.E. / B.Tech / M.E. / M.Tech or postgraduate degree in Mathematics, Statistics, Computer Science, Economics or Data Analytics with knowledge of basic statistical tools, Power BI, etc.

Candidates must be Indian citizens above 21 years and not more than 30 years of age as on 06 July 2026. Applicants must satisfy the post-wise educational qualifications prescribed for the selected Young Professional post. Qualifications include postgraduate, technical or professional degrees in areas such as cyber security, computer science, data science, economics, statistics, finance, public policy, climate studies, artificial intelligence, quantum technology, mathematics or related disciplines, depending on the post.

RBI Young Professional Engagement 2026 Exam Pattern
ParticularDetails
Written ExaminationNot Applicable
Selection BasisScreening / Shortlisting, Document Verification and Interview
Interview Call LetterIssued by email only to shortlisted candidates
Travel / AccommodationCandidates appearing for interview must make their own arrangements

No written examination pattern has been prescribed in the notification. Selection will be through preliminary screening or shortlisting by a screening committee, followed by document verification and interview.

Vacancy Details
Job AreaPositions
Cyber Security and Information Technology Risk1
Policy Analytics (DoS)1
Climate Change Risk and Sustainable Finance1
Credit Risk Analytics & Regulatory Policy1
Payment Ecosystem1
Policy and Research in Domestic & Cross-Border Payment Systems1
Policy and Research (DEPR)1
Artificial Intelligence1
Quantum Technology1
Data Analysis1
Financial Markets1
Data Analytics and Policy Research1
Total12

Reserve Bank of India has invited applications for 12 Young Professional positions across Central Office Departments in Mumbai. The positions cover cyber security, policy analytics, climate risk, credit risk analytics, payment systems, economic research, artificial intelligence, quantum technology, data analysis, financial markets and consumer protection policy research.

RBI Young Professional Engagement 2026 Selection Procedure
StageDetails
Stage 1Preliminary Screening / Shortlisting by Screening Committee
Stage 2Document Verification
Stage 3Interview
Stage 4Final Selection / Engagement
Reserve ListA reserve list may be maintained for one year from the date of publication of the selection list.

Selection for RBI Young Professional posts will be carried out through preliminary screening or shortlisting by a screening committee, followed by document verification and interview. Shortlisted candidates will receive interview call letters by email only. RBI may limit the number of candidates called for interview and its decision regarding screening, interview and engagement will be final.

RBI Young Professional Engagement 2026 Salary Structure
ParticularDetails
Monthly RemunerationRs. 1,50,000 fixed stipend
Tax DeductionSubject to applicable tax deductions
Other AllowancesNot Applicable
Residential AccommodationNot provided by RBI
Emergency DispensaryAvailable for self only within office premises
TenureInitial tenure of 3 years, extendable up to total 5 years
Notice PeriodThree months by either party; no notice required during first six months

Selected Young Professionals will receive a fixed monthly stipend of Rs. 1,50,000, subject to applicable tax deductions. No other allowances, residential accommodation or separation benefits will be provided. Emergency dispensary facility for self only will be available within the office premises.

Application Fees
CategoryApplication Fee
All CandidatesNo application fee mentioned in the notification

The notification does not mention any application fee. Applications must be submitted by email to yphrmdco@rbi.org.in with the filled application proforma and required documents in PDF format. The total size of PDF attachments must not exceed 5 MB.

RBI Young Professional Engagement 2026 Important Instructions
Application ModeApplications must be submitted only by email to yphrmdco@rbi.org.in.
Email SubjectThe subject line must be 'YP Application - Post Code - Name of the Candidate'.
Attachment FormatApplication and documents must be sent in PDF format.
Attachment SizeTotal size of PDF attachments must not exceed 5 MB.
Multiple PostsCandidates applying for multiple posts must send separate emails for each post.
Last DateThe last date of receipt of applications is 06 July 2026.
Incomplete ApplicationsLate, incomplete or incorrectly formatted applications will not be considered.
No Post / CourierCandidates are not required to send printouts or supporting documents by post or courier.
Joining TimelineSelected candidates may expect to join tentatively around August to October 2026.
Nature of EngagementContract engagement does not constitute regular employment or appointment in RBI.
LeaveYoung Professionals are eligible for 15 days leave in a calendar year on a pro-rata basis.
Police and Medical VerificationSelected candidates must produce medical fitness certificate and satisfactory police verification report.

Applications must be sent only by email in the prescribed format. The email subject line must be 'YP Application - Post Code - Name of the Candidate'. Candidates applying for multiple posts must send separate emails for each post. The last date for receipt of applications is 06 July 2026. Applications received late, incomplete, without prescribed documents or not in the prescribed proforma will not be considered.

RBI Young Professional Engagement 2026 Required Documents
DocumentPurpose
Filled Application ProformaMandatory application form as per Annexure-VI
Curriculum Vitae (CV)Profile and experience details
Academic Transcript / Degree CertificatesProof of mandatory and desired qualifications
Statement of InterestPurpose and suitability for the Young Professional role
Academic or Policy Writing SampleAssessment of research and writing ability
Reference / Recommendation LetterProfessional referee preferably from current / previous academic institution or employer
Marksheets and Other Academic TranscriptsTo be produced when shortlisted for the next stage

Candidates must submit the scanned application proforma, curriculum vitae, academic transcripts or degree certificates for mandatory and desired qualifications, statement of interest, sample of academic or policy writing and a reference or recommendation letter from a professional referee. Other academic transcripts such as marksheets must be produced when shortlisted for the next stage.

Frequently Asked Questions (FAQs)
What is RBI Young Professional Engagement 2026? It is a contract-based engagement by Reserve Bank of India for Young Professional positions in different work areas of its Central Office Departments at Mumbai.
How many RBI Young Professional vacancies are available? There are 12 Young Professional positions mentioned in the notification.
What is the last date to apply for RBI Young Professional 2026? The last date for receipt of applications is 06 July 2026.
What is the age limit for RBI Young Professional posts? Candidates must be above 21 years and not more than 30 years of age as on 06 July 2026.
What is the salary for RBI Young Professional 2026? Selected candidates will receive a fixed monthly stipend of Rs. 1,50,000, subject to applicable tax deductions.
How can candidates apply for RBI Young Professional 2026? Candidates must email the filled application proforma and required documents in PDF format to yphrmdco@rbi.org.in.
What is the selection process for RBI Young Professional 2026? Selection will be through preliminary screening or shortlisting, document verification and interview.
Is there any application fee for RBI Young Professional 2026? The notification does not mention any application fee.
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