Candidates are often asking questions related to RBI Grade B Eligibility Criteria 2018. This question is critical because candidates need to make sure that they fulfill all the eligibility criteria before applying for RBI Grade B (Officer) Recruitment Exam 2018, otherwise their candidature can be cancelled at any stage. In this article, we have provided complete details related to eligibility criteria of RBI Grade B (Officer)
Table of Contents (quick links)
As per the latest RBI Grade B (Officer) Recruitment Notification 2018, Reserve Bank of India is inviting application for the below mentioned posts:
$ Candidates belonging to OBC category but coming in the 'Creamy Layer' are not entitled to OBC reservation. They should indicate their category as 'General (GEN)’.
^Out of 127 vacancies for Grade ‘B’ (DR)-General, 5 vacancies are reserved for Persons with Benchmark Disability (PwBD) Category, i.e. 1 vacancy for candidates of blindness and low vision; 1 vacancy for deaf and hard of hearing; 1 vacancy for locomotor disability including cerebral palsy, leprosy cured, dwarfism, acid attack victims and muscular dystrophy; and 2 vacancies for multiple disabilities from amongst persons as detailed below in para 1 of Note for PwBD candidates.
^^Out of 22 vacancies for Grade ‘B’ (DR)-DEPR, 1 vacancy is reserved for PwBD category under blindness and low vision.
* Backlog vacancy,
# includes 2 backlog vacancies.
Different posts have different eligibility criteria and we will discuss one by one.
• Candidates belonging to unreserved i.e. General Category, who have already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply.
• No such restriction applies to candidates belonging to SC/ST/OBC/PwBD, if the posts are reserved for them.
Before applying for RBI Grade B (Officer) posts, candidates should make sure that they have not exceeded the maximum limit of attempts.
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.
Before applying for RBI Grade B (Officer) posts, candidate should carefully lean about age limits as it vary with (posts for which you are applying), qualifications and experience.
Complete details are given below:
(a) A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the 1st of July, 2018 i.e., he/she must have been born not earlier than 2nd July, 1988 and not later than 1st July, 1997. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.
(b) The upper age-limit prescribed above will be relaxable:
i. up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe if the posts are reserved for them;
ii. up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates if the posts are reserved for them;
iii. up to a maximum of five years for ex-employees of banking institutions whose services had to be terminated for reasons of economy or as a result of bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and currently registered with Employment Exchange;
iv. up to a maximum of five years if a candidate had ordinarily been domiciled in the State of Jammu and Kashmir during the period from the 1st January, 1980 to the 31st day of December, 1989;
v. up to a maximum of five years in the case of ex-servicemen including Commissioned Officers and ECOs/SSCOs who have rendered at least five years Military Service as on 1st July, 2018 and have been released;
(a). on completion of assignment (including those whose assignment is due to be completed within one year from 1st July, 2018 otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or
(b) on account of physical disability attributable to Military Service; or
(c) on invalidment.
vi. up to a maximum of five years in the case of ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on 1st July, 2018 and whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues a certificate that they can apply for civil employment and that they will be released on three months' notice on selection from the date of receipt of offer of appointment.
vii. Up to a maximum of 10 years in the case of Persons with Benchmark Disabilities. For SC/ST PwBD up to a maximum of 15 years and for OBC PwBD up to a maximum of 13 years, subject to reservation of vacancies under the respective post. Relaxation in upper age limit for PwBD will be subject to the posts having been identified suitable for such disabilities.
viii. For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned.
ix. For eligible staff candidates the relaxation in age limit is according to RBI circular CO.
HRMD.No.G-75/5599/05.01.01/2013-2014 dated December 20, 2013.
x. For recruitment to the post of Gr. B (DR)-DEPR/DSIM candidates having Master's
Degree with Research/Teaching experience at a recognised Indian/Foreign
University/Institute will be eligible for relaxation in upper age to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.
Note I: - Candidates belonging to the Scheduled Castes and the Scheduled Tribes and the Other Backward Classes who are also covered under any other clauses of Para 3 II (b) above, viz. those coming under the category of Ex-servicemen, persons domiciled in the State of J & K, Persons with Benchmark Disabilities etc. will be eligible for grant of cumulative age-relaxation under both the categories.
Note II: - The term Ex-servicemen will apply to the persons who are defined as Exservicemen in the Ex-servicemen (Re-employment in Civil Services and Posts) Rules, 1979, as amended from time to time.
Note III: - The age concession under Para 3 II (b) (v) and (vi) will not be admissible to
Ex-servicemen and Commissioned Officers including ECOs/SSCOs, who are released on own request.
Note IV: - Notwithstanding the provision of age relaxation under Para 3 II (b) (vii) above, a person with benchmark disability will be considered to be eligible for appointment only if he/she (after such physical examination as the Bank, may prescribe) is found to satisfy the requirements of physical and medical standards for the concerned Services/Posts to be allocated to the physically disabled candidates by the Bank.
Minimum Educational Qualifications (as on 01-07-2018)
Officers in Grade ‘B’(DR)- General
• A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor's degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.
• The minimum qualifying percentage or an equivalent grade for the Bachelor's degree will be in aggregate for all semesters / years
Officers in Grade ‘B’(DR)- DEPR
(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 recognised Indian or Foreign University /Institute.
Note: SC, ST and PwBD candidates having 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.
(i) Candidates having Master's Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, 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 in Para 3 II (b) above.
Officers in Grade ‘B’(DR)- DSIM
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 one year post graduate 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 in 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 above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.
Note: (i) Candidates possessing M.Phil. and Ph.D. qualification in the specified subjects will be eligible for relaxation in 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 upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, 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 in Para 3 II (b) above.
Note I: The candidate must hold a degree of any of Universities incorporated by an Act of the Central or State Legislature in India or other educational institutions established by an Act of Parliament or declared to be deemed as a University Under Section-3 of the University Grants Commission Act, 1956, or possess an equivalent qualification from a foreign university recognized by the Association of Indian Universities.
Note II: Some Universities/Institutes/Boards do not award Class or percentage of marks and allot Aggregate Grade Points (e.g. CGPA/OGPA/CPI, etc.). In case University/Institute/Board defines criteria for conversion of Aggregate Grade Point into percentage of marks, the same will be accepted. However, where the University/Institute/ Board does not define criteria for conversion of Aggregate Grade Point into percentage of marks, in the degree/passing certificates, the undefined parameter(s) would be worked out as under:
Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10 point scale
Aggregate Percentage of Marks
Note III: Aggregate Grade Point or percentage of marks where awarded would mean aggregate over the entire duration of the course.
Note IV: Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number other than 10, it will be normalized out of 10 and computed as per note 2 above.
Note V: The relaxation in minimum educational qualifications for SC/ST/PwBD candidates mentioned above is subject to reservation of vacancies under the respective post and category and identification of posts for PwBD as notified above.