RBI Grade B Eligibility Criteria

RBI Grade B Eligibility Criteria 2020

The RBI Grade B  notification 2020 will have all the details related to educational and eligibility criteria,  age limit, no of chances, nationality etc. The details are mentioned below.

RBI Grade B Educational Criteria

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 are required to be eligible for the post of RBI Grade B Officer 2020. The minimum qualifying percentage or an equivalent grade for the Bachelor's Degree will be considered as in aggregate for all semesters/years. Besides this a Post Graduate degree in respective field or MBA in Finance is essential if you are applying in the specialized fields for RBI Grade B 2020.

Name of the PostEducational Qualification
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.
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 (50% for SC/ST/PWBD) or an equivalent grade in aggregate of all semesters /years from a recognized 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 (50% for SC/ST/PWBD) 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 postgraduate diploma in Statistics or related subjects from an institute of repute; OR M. Stat. The 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

RBI Grade B Age Criteria

You must have attained the age of 21 years and should not be older than 30 years as on the date mentioned in the official RBI Grade B notification 2020. If you possess M.Phil. and PhD qualification, the upper age limit will be 32 and 34 years respectively.

Name of the PostAge Criteria
Officers in Grade 'B' (DR) - (General / DEPR / DSIM) Minimum age - 21 years / Maximum - 30 years

RBI Grade B Age Relaxation

Like all other organizations, RBI also provides relaxation in age for certain categories of candidates. The criteria of relaxation varies according to the categories, as indicated below:

CategoryAge Relaxation
SC/ST 5 years
OBC 2 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
A candidate had ordinarily been domiciled in the Union Territory of Jammu and Kashmir and Union Territory of Ladakh during the period from 1st January, 1980 to 31st December,1989 5 years
Ex-servicemen including Commissioned Officers and ECOs/SSCOs who have rendered at least five years Military Service as on 1st September 2019 and have been released 5 years
ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on 1st September 2019 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 5 years
PwBD
  • Gen/EWSs - 10 years
  • SC/ST/ - 15 years
  • OBC - 13 years
For candidates possessing M.Phil. and Ph.D. qualification Upper age limit will be 32 and 34 years

RBI Grade B Number of chances

There is a limit on the number of times you can appear for the RBI Grade B Phase 1 exam 2020, according to the various categories, as described below.

CategoryNumber of Attempts
General 6 attempts
SC/ST/OBC/PwBD/EWSs No limit

If you have already appeared for the maximum number of chances permissible, you are not eligible to apply for the RBI Grade B Exam 2020.

Nationality

A candidate applying for the RBI Grade B  exam 2020 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. 

If you belong to a case where 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. 

Subscribe to 'RBI Grade B'- A comprehensive Online Course for the Preparation of Phase 1 and Phase 2 of the RBI Grade B 2020 Exam

Read About RBI Grade B Phase 1 Cut-Off for 2020

Frequently Asked Questions

Q 1:Can those students who are appearing in Final year of Graduation apply for any post in RBI Grade B?

No, a candidate must have completed his/her graduation. If he/she is in the final year of graduation then they cannot apply.

Q 2:Is there any NEGATIVE MARKING in RBI Grade B Exam?

Yes, negative marking for wrong answers in CBTs is 1/4th of the marks for that question.

Q 3:In RBI Grade B Exam, Can I choose Hindi language as the exam language?

Yes, RBI Grade B Exam is bilingual (i.e, Hindi & English) exam. You can choose your preferred language either Hindi or English.

Q 4:Do RBI Grade B Officers get a pension?

No, under the ambit of NPS currently there is no pension scheme for RBI employees.

Q 5:RBI Grade B  2020 Exam is in ONLINE OR OFFLINE mode?

RBI Grade B  2020 Exam will be in online mode.

Q 6:Is there SECTIONAL CUT-OFF in RBI GRADE B Exam?

Yes. RBI Grade B Exam has sectional and overall cut-off .

Q 7:Is RBI Grade B Officer job transferable?

Yes, but only after completing the initial 5 years of posting.

Q 8:How many attempts are there in RBI Grade B?

Candidates belonging to the general category can attempt the examination only 6 times. Whereas, there is no restriction to the SC/ST/OBC/PWD categories.

Q 9:What is the age limit for the RBI Grade B posts?

The minimum age limit for the candidates is 21 years & the maximum age should not be more than 30 years.

Q 10:Will there be any interview after the written result ?

Yes. There will be a final phase of Interview after RBI Grade B Phase I & Phase II.

Q 11:Is it possible to crack this exam in first attempt ?

To crack any exam, one needs a complete preparation strategy,along with the complete exam information. If you are dedicated towards your goal, you would surely be able to crack the exam in first attempt.

Q 12:Is the exam Bilingual ?

Yes. The exam is bilingual. You can attempt all the sections in English or Hindi except the test of English Language.