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RBI Grade B Eligibility Criteria 2024 - Age Limit, Qualification

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RBI Grade B Eligibility Criteria 2024

Before you begin preparing for the RBI Grade B exam 2024, it's important to know the important eligibility criteria, which you require to fulfil to avoid any future cancellation for your application. Meeting these eligibility requirements like education, age, nationality, and some others will help you apply successfully and pursue your goals.

The upcoming RBI Grade B notification 2024 will be your guide, giving you important information about the selection procedure, RBI Grade B exam dates, syllabus and exam pattern, educational qualifications, age limits and more. Remember, success happens when you prepare for an opportunity and here’s a golden opportunity to make your dreams real. So, get all the information you need and make sure you meet the RBI Grade B eligibility criteria for 2024. Showing the commitment to meet these criteria means you're serious about this opportunity and ready to start a great career with the Reserve Bank of India, a prominent institution in our country's financial world.

RBI Grade B Educational Criteria 2024

To apply for the highly anticipated RBI Grade B exam 2024, you have to fulfill the educational criteria of RBI Grade B eligibility. As per the official guidelines, candidates must possess a Bachelor's degree with a minimum of 60% marks (with a relaxation to 50% for candidates belonging to the SC/ST/PWBD categories) or an equivalent grade, which is expected in the RBI Grade B exam 2024 also. This is a basic requirement for anyone interested in applying for the RBI Grade B Officer post.

Name of the PostEducational Criteria
Officers in Grade 'B' (DR) - (General) Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation in any discipline/ Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
  • Graduation level
    • • Any such course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration / candidates possessing professional or technical qualifications which are recognised by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
    • • Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.
  • Post-Graduation level
    • • Any such course from a recognised University / Institute that is taken after Graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to professional or technical Post Graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
Officers in Grade 'B' (DR) - DEPR 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.  OR   PGDM/ MBA 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. OR   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 recognised Indian or Foreign University /Institute.
Officers in Grade 'B' (DR) - DSIM 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   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   M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years.  OR  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.

Also, if you're applying for specialized fields in the RBI Grade B exam 2024, having a Post Graduate degree in your field or an MBA in Finance is mandatory. This extra condition highlights the importance of having specialized knowledge and skills in your field, to be eligible for the particular post. So, aspiring candidates should diligently ensure their eligibility status before applying for this prestigious role in the RBI.

RBI Grade B Age Criteria

To apply for the RBI Grade B exam 2024, the age limit is between 21 and 30 years old. The specific date for calculating your age will be mentioned in the official RBI Grade B notification 2024. If you have an M.Phil. or PhD qualification, the age criteria may be different for you.

Name of the PostAge Criteria 
RBI Grade B Officer Minimum Age - 21 Years / Maximum Age - 30 Years

RBI Grade B Age Relaxation

RBI also provides relaxation in age for certain categories of candidates, as per the Government rule, for which you have to produce the valid documents at the time of RBI Grade B Interview. The criteria of age relaxation vary according to the categories, as indicated below:

CategoryAge Relaxation
OBC 3 years
SC/ST 5 years
Ex-employees of banking institutions whose services had to be terminated for reasons of economy or because of 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 ordinarily been domiciled in Kashmir Division of the State of Jammu and Kashmir between 1st January, 1980 and 31st December, 1989 5 years
  • Emergency Commissioned Officers/Short Service Commissioned Officers who have completed their initial period of assignment of five years of Military Service but whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues certificates that they would be released on selection within three months from the date of receipt of offer of appointment.
  • Note: The age concession will not be admissible to those Ex-servicemen who are released on their own request.
 5 years
  • Ex-servicemen (including Emergency Commissioned Officers/Short Service Commissioned Officers) provided applicants have rendered at least five years of continuous Military Service and have been released on completion of assignment (including those whose assignment is due to be completed within one year) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or on account of physical disability or have been released on account of physical disability attributable to Military Service or on invalidment.
  • Note: The age concession will not be admissible to those Ex-servicemen who are released on their own request.
 5 years
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 5 years
PwBD* (GENERAL/EWS) 10 years
PwBD(OBC) 13 years
PwBD(SC/ST) 15 years

RBI Grade B Number of Attempts

There might be a limit to the number of times one can take the RBI Grade B Exam and if you've already taken the maximum allowed number of attempts, you won't be able to apply for it again in 2024. So it’s better to be sure of this before applying for the RBI Grade B Officer, to avoid a cancellation and disappointment later.

CategoryNumber of Attempts
General 6 attempts
SC/ST/PWD/EXSM No limit

Nationality

A candidate applying for the RBI Grade B exam 2024 must be either:

A citizen of India, or

A subject of Nepal, or

A subject of Bhutan, or

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

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.

Note: If you belong to a case where a certificate of eligibility is necessary, then you may be admitted to the examination but the offer of appointment may be given only after the necessary eligibility certificate has been issued to you by the Government of India.

Conclusion:

Understanding the rules for applying to the RBI Grade B exam is very important. You need to check and clear things like age limits, education requirements, nationality rules, and how many times you can try the exam before you apply. This will help you in preventing unnecessary cancellations later. We recommended that aspiring candidates should regularly check the official RBI website for any updates or changes to the eligibility criteria. Also, you can rely on us for professional guidance and support, which we provide through our RBI Grade B Online Course. Good luck with your preparation for the RBI Grade B exam!

RBI Grade B Phase I - Free Mock Tests

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RBI Grade B Phase I - Previous Year Question Paper

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RBI Grade B Phase 1 2021 Previous Year Paper

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RBI Grade B Phase 1 2018 Previous Year Paper

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RBI Grade B Phase 1 2017 Previous Year Paper

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FAQs

To be eligible for joining RBI after completing an MBA, you need to have a graduation degree with at least 60% marks. In order to apply for the RBI Grade B exam, this educational qualification is required. For further information on the eligibility criteria, you can visit the official website of RBI and refer to the detailed guidelines provided for the RBI Grade B exam.
Yes! on completing your post-graduation in Agriculture with an impressive 75% in your graduation! As per the eligibility criteria for the RBI Grade B exam, you meet the educational qualifications required. RBI considers post-graduation as an eligible qualification for this position. To get detailed information about the eligibility requirements, it is recommended to refer to the official guidelines provided by RBI for the Grade B examination. Best of luck with your application process and future endeavors with the Reserve Bank of India!
While your graduation percentage is slightly below the required 60%, having a Chartered Accountant (CA) degree with a score of 60.5% makes you eligible to apply for the RBI Grade B exam. The RBI recognizes the CA qualification as an acceptable alternative to the specified graduation criteria. However, it is advisable to refer to the eligibility page provided by RBI for the Grade B examination to ensure you meet all other requirements and guidelines. By leveraging your CA qualification, you can pursue your aspiration to join the prestigious Reserve Bank of India.
Yes, you are eligible for the RBI Grade B exam. The eligibility for the exam is based on the aggregate marks obtained in graduation, considering all semesters combined. Even though you scored 59.7% in the first semester, your overall graduation percentage is 80%, which meets the required criteria. The RBI considers the cumulative marks of all semesters to determine eligibility. Therefore, you can proceed with your application for the RBI Grade B exam with confidence.
To be eligible for the RBI Grade B exam, a candidate must hold a graduate degree with a minimum of 60% marks. However, please note that specific variations in the criteria may exist for reserved categories and individuals with higher degrees. For detailed information on RBI Grade B eligibility, including category-specific requirements, please refer to the comprehensive guidelines available on the official RBI website.
The maximum age limit for the RBI Grade B exam is 30 years. However, there are age relaxations allowed where applicable.

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