The Reserve Bank of India (RBI), the country’s central bank, will select a maximum of 200 students for the RBI Summer Training Programme 2027. Selected students will work on central banking projects under the guidance of RBI experts and professionals, and will receive a monthly stipend of ₹25,000.
RBI Summer Training Programme 2027: Seats and Centres
- The Bank will select a maximum of 200 students for summer placement every year under RBI Summer Training Programme 2027. Candidates can apply for only one Control Office, which is decided by the state in which their college/ institute is located.
- For example, a candidate studying in a college/ institution located in Maharashtra can apply for the Mumbai centre only. The state-wise centres are given below.
| States/ UT | Centre |
|---|---|
| Maharashtra | Mumbai |
| Gujarat, Daman & Diu and Dadra & Nagar Haveli | Ahmedabad |
| Karnataka | Bangalore |
| Madhya Pradesh | Bhopal |
| Odisha | Bhubaneswar |
| Haryana, Punjab & Chandigarh | Chandigarh |
| Tamil Nadu & Puducherry | Chennai |
| Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim | Guwahati |
| Telangana | Hyderabad |
| Rajasthan | Jaipur |
| Jammu and Kashmir & Ladakh | Jammu |
| Uttar Pradesh | Kanpur |
| West Bengal & Andaman & Nicobar Islands | Kolkata |
| New Delhi | New Delhi |
| Bihar | Patna |
| Keralam & Lakshadweep | Thiruvananthapuram |
| Uttarakhand | Dehradun |
| Chhattisgarh | Raipur |
| Andhra Pradesh | Vijayawada |
| Himachal Pradesh | Shimla |
| Goa | Panaji |
| Jharkhand | Ranchi |
Summer trainees will undertake the project at the centre corresponding to the state of their institute. However, the Bank may place a student in any of its offices at its discretion.
Stipend and Facilities
Summer trainees are eligible to receive a monthly stipend with effect from April 2027. Outstation trainees will have to make their own accommodation arrangements.
| Particulars | Details |
|---|---|
| Monthly Stipend | ₹25,000/- |
| Duration | Maximum 3 months (April to July) |
Note: The period of placement may be reduced or extended at the discretion of the Bank. Selected outstation candidates will be reimbursed the AC II Tier return rail fare (or an equivalent amount) from the place of their institute to the place of summer placement.
Eligibility Criteria
Candidates must meet all the conditions given below to apply for the RBI Summer Training Programme 2027.
Nationality
- Applicants must hold Indian citizenship and be pursuing their studies in India.
Educational Qualification
- Candidates must be enrolled in a post-graduate course or an integrated five-year course.
- The course must be in the streams of Management/ Statistics/ Law/ Commerce/ Economics/ Econometrics/ Banking/ Finance.
- The institution or college must be a reputed one located in India.
- Under the Law stream, students pursuing a three-year full-time professional bachelor’s degree in Law are also eligible.
Year of Study
- Students must be in the penultimate year of their course on the date of application.
RBI will not entertain requests from candidates seeking advice about their eligibility to apply.
Selection Process
- Candidates applying under RBI Summer Training Programme 2027will be considered on the strength of the information declared in their online application.
- Shortlisted candidates will be called for an interview at the offices indicated in the notification.
- The interviews will be held in January/ February. Shortlisted outstation candidates will have to bear their own travel costs for the journey to the RBI office and back for the interview.
- The names of the selected students will be communicated in February/ March. Summer trainees must also submit a declaration of secrecy to the Bank before reporting for the training.
Documents Required
- Photograph
- Signature
- College authorisation letter/ Bonafide certificate
Candidates need not send printouts or copies of any certificates to any address at the time of online application. If asked for document verification, a candidate who has a CGPA/ SGPA will have to produce a certificate from the appropriate authority stating the university’s norms for converting grades into percentage.
Steps to Apply
- Visit the application portal by clicking on the link given below in the “Important Links” section.
- Read the instructions carefully and fill in the online application form with the required details.
- Mention correctly the state in which your college/ institute is located.
- Enter the percentage obtained in graduation to the nearest two decimals. Convert CGPA/ SGPA into percentage where grades are awarded.
- Upload your photograph, signature and college authorisation letter/ Bonafide certificate.
- Check all the particulars and submit the application form.
No changes will be allowed after submission, so fill in the details with utmost care. Incomplete applications, such as those without a photograph, signature or college authorisation letter/ Bonafide certificate, will not be considered.
Application Fee
| Particulars | Details |
|---|---|
| Application Fee | No application fee is needed to apply under RBI Summer Training Programme 2027 |
Key Dates
| Events | Date |
|---|---|
| Application Start Date | 15th October 2026 |
| Last Date to Apply | 15th December 2026 |
| Interviews for Shortlisted Candidates | January/ February 2027 |
| Selected Names Communicated | February/ March 2027 |
| Summer Placement Period | April to July 2027 |
Important Links
Frequently Asked Questions (FAQ)
Who can apply for the RBI Summer Training Programme 2027?
Indian citizens studying in India in a post-graduate or integrated five-year course in Management, Statistics, Law, Commerce, Economics, Econometrics, Banking or Finance can apply. They must be in the penultimate year of their course on the date of application.
What is the last date to apply for the RBI Summer Training Programme 2027?
The last date to apply is 15th December 2026. Applications opened on 15th October 2026.
How much stipend will selected students receive?
Summer trainees will receive a monthly stipend of ₹25,000 with effect from April 2027. Outstation trainees must arrange their own accommodation.
How many students will be selected?
The Bank will select a maximum of 200 students for summer placement every year.
Can a candidate apply to more than one RBI centre?
No. A candidate can apply for only one Control Office, which depends on the state in which their college/ institute is located. For example, a student of a Maharashtra college can apply for the Mumbai centre only.
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