1. Candidates to Ensure their Eligibility for the Posts: 

Before applying, candidates should ensure that they fulfill the eligibility criteria for the advertised posts. The Reserve Bank of India Services Board, hereinafter referred to as 'Board’ would admit applications from all the candidates applying for this post with the requisite fee/intimation charges (wherever applicable) on the basis of the information furnished in the ONLINE application and shall determine their eligibility only at the interview stage. If at that stage, it is found that any information furnished in the ONLINE application is false/ incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear for interview and can be removed from service without notice, if has already joined the Bank.

2. Mode of Application: Candidates are required to apply only ONLINE through the Bank's website www.rbi.org.in. No other mode for submission of application is available. Brief Instructions for filling up the "Online Application Form" are given in Appendix-I:

 3. Important Dates: 
Website Link Open For Online Registration of Applications and Payment of Fees/ Intimation Charges : December 19, 2018 to January 8, 2019

4. Help Facility: 
In case of any problem in filling up the form, payment of fee/intimation charges, or in downloading of Admission Letter, queries may be made through the link http://cgrs.ibps.in Do not forget to mention 'RBI – Lateral Recruitment of Officers in Grade 'C' (on contract basis) - ‘Position Applied For’ in the subject of the email.

5. Corrigendum: Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank's website www.rbi.org.in.

2. Eligibility Criteria: 

(i) Nationality: 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 Interview 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.

(ii) Age: (as on 01.12.2018): A candidate must have attained the age of 25 years and must not be above the age of 35 years on the 1st of December 2018 i.e., he/she must have been born not earlier than 1st December, 1983 and not later than 1st December, 1993. Maximum age indicated above is for General category candidates.

Relaxation in upper age limit will be available as detailed below:

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 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;

iv. 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 August, 2018 and have been released;

a. on completion of assignment (including those whose assignment is due to be completed within one year from 1st August, 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.

v. 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 August, 2018 and whose assignment has been extended beyond five years and in whose case the Ministry of Defence Multiple disabilities One Arm, One Leg, Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and

(i) blind/ low vision or

(ii) hard of hearing Sitting, Walking, Communication, Bending, Standing, Lifting, Kneeling and Crouching, Manipulation by Fingers, Pushing and Pulling and

(i) Reading and Writing (in Braille/ software) and Hearing/ Speaking or

(ii) Reading, Writing and Seeing - as applicable Reserve Bank of India Services Board, Mumbai Advt. No. 5A /2018-19 4 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. vi. 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.

vii. 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.

Note I: - Candidates belonging to the Scheduled Castes, the Scheduled Tribes and the Other Backward Classes who are also covered under those coming under the above category of Ex-servicemen or persons domiciled in the State of J & K will only be eligible for grant of cumulative age-relaxation.

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

 (v) 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 for PwBD, 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.

Terms and Conditions: 

(a) Period: Appointment will be on full-time contract basis initially for a period of three years, extendable further, subject to a maximum tenure of five years. The contract will be terminable with a notice period of one month from either side. The appointees would be required to upgrade their knowledge and skills periodically. The performance of the contract appointees would be reviewed annually to decide on the continuance of the contract. The contract appointment will be governed by the other terms and conditions as applicable to contract appointees in the Bank.

(b) Remuneration: The consolidated remuneration would be ₹ 21.60 lakhs (pre-revised) per annum (without housing) subject to tax. However, the Bank, at its discretion, reserves the right to offer higher compensation to candidates with higher academic or professional qualification/ experience.

(c) Leave:

(i) Contract appointees will be allowed leave at the rate of 30 days per year (Leave to be calculated on pro-rata basis for any fractional period beyond one year).

(ii) Contract appointees will be permitted to avail leave subject to administrative convenience of the Bank.

(iii) Any absence beyond the above period may be treated as leave without pay.

(d) Travelling & Halting Allowances : The contract appointees will be entitled to TA / HA as admissible to the officers in the Bank of equivalent grade for official tour undertaken by them outside the headquarters.

(e) Residential Accommodation: During the period of contract appointment, Bank will not provide any residential accommodation to the contract appointees.

(f) Conduct, Discipline and Appeal : During the period of contract appointment, the contract appointees will be governed by the ‘Code of Conduct’

(g) Sodexo Coupons: During the period of contract appointment, the contract appointees, subject to their willingness, may be provided Sodexo Coupons for availing the Lounge facilities, at full cost.

(h) Mobile Phone facility: During the period of their contract appointment, Mobile Phone facility may be provided to the contract appointees depending on the tenure and nature of their assignment. However, they will be provided with a handset only once during the entire period of their contract Reserve Bank of India Services Board, Mumbai Advt. No. 5A /2018-19 9 including extensions, if any. The cost of mobile handset and reimbursement of call charges would be corresponding to the grade in which they are appointed.

(i) Superannuation Benefits: The contract appointees will not be eligible for superannuation benefits.

(j) Placement: The Bank reserves the right to post the candidates at any centre within India.

(k) Dispensary: The contract appointees will be eligible for facility of the Dispensary at the office.

Selection for the aforementioned posts will be through preliminary screening / shortlisting followed by interview. RBI Services Board reserves the right to limit the no. of candidates called for Interview by enhancing the minimum educational qualifications requirement as indicated above or through any other appropriate method. Candidates shortlisted for Interview will be issued Interview Call letter through email and their candidature will be subject to submission and verification of documents submitted in support of their claim with regard to eligibility for age, category, qualification, experience, etc.

LAST DATE OF RECEIPT OF APPLICATIONS: The Online Applications can be filled up to January 8, 2019 till 6:00 PM.


(a) Correspondence with the Board: The Board will not enter into any correspondence with the candidates about their candidature except in the following cases: The shortlisted candidates shall be issued an Interview Call Letter through email two weeks before the commencement of the Interview.

(b) Board does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of or for any other reason beyond the control of the Board.

(c) Candidates are advised to keep their e-mail ID/mobile number alive for receiving Interview letters, etc. Candidates may check e-mails/SMS regularly. The Board does not send any communication through any other mode.

(d) The posts are also open to the employees of RBI (Staff Candidates) who satisfy the eligibility criteria separately stipulated by the Bank vide their circular CO.HRMD.No.G-75/ 5599/05.01.01/2013-2014 dated December 20, 2013 and who apply Online within the closing date. Their status as staff candidate will be verified at the time of interview.

(e) The Board does not furnish the mark-sheet to candidates.

(f) Any canvassing by or on behalf of the candidates or to bring political or other outside influence with regard to their selection/recruitment shall be considered as disqualification.

(g) In all matters regarding eligibility, interviews, assessment, prescribing minimum qualifying standards for shortlisting of applications and interview, in relation to number of vacancies and communication of result, the Board's decision shall be final and binding on the candidates and no correspondence shall be entertained in this regard.

(h) The eligibility for availing reservation against the vacancies reserved for the persons with Benchmark disabilities shall be the same as prescribed in “Rights of Persons with Disabilities (RPWD) Act 2016" Provided further that the persons with Benchmark disabilities shall also be required to meet special eligibility criteria in terms of physical requirements/functional classification (abilities/disabilities) consistent with requirements prescribed.

(i) A candidate will be eligible to get the benefit of community reservation only in case the particular caste to which the candidates belong is included in the list of reserved communities issued by the Central Government. If a candidate indicates in his/her application form that he/she belongs to General category but subsequently writes to the Board to change his/her category to a reserved one, such request shall not be entertained by the Board. Similar principle will be followed for PwBD categories also. In case of a candidate unfortunately becoming physically disabled during the course of the examination process, the candidate should produce valid document showing him/her acquiring a disability to the extent of 40% or more as defined under RPWD Act, 2016 to enable him/her to get the benefits of PwBD reservation.

(j) Candidates seeking reservation/ relaxation benefits available for SC/ST/OBC/PwBD/Exservicemen must ensure that they are entitled to such reservation/ relaxation as per eligibility prescribed. They should also be in possession of all the requisite certificates in the prescribed format in support of their claim as stipulated for such benefits and these certificates should be dated earlier than the due date (closing date) of the application.

(k) Please note that corrigendum, if any, issued on the above advertisement, will be published only on the Bank's website www.rbi.org.in (l) Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at Mumbai only

NOTE: Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank’s website www.rbi.org.in 
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