The Reserve Bank of India (RBI) has invited applications for the recruitment of Young Professionals (YPs) in various departments at its Central Office in Mumbai. Interested and eligible candidates can submit their applications through email on or before July 6, 2026.The recruitment drive offers opportunities in several specialised areas, including artificial intelligence, quantum technology, climate risk and sustainable finance, payment systems, financial markets, data analytics, policy research, and supervision.
RBI Young Professionals recruitment 2026 : Salary and tenure
Selected candidates will receive a fixed monthly stipend of ₹1.5 lakh. The engagement will be on a full-time contractual basis.The initial contract period will be three years and may be extended based on performance and mutual agreement. However, the total tenure will not exceed five years.The RBI has clarified that Young Professionals will not be treated as regular employees of the central bank and will not be eligible for additional allowances or benefits.
Who can apply?
The educational qualifications vary depending on the post. Candidates with postgraduate degrees, professional qualifications, engineering degrees, or research backgrounds in relevant fields can apply for different positions.The available roles include:
- Young Professional – Policy Analytics
- Young Professional – Climate Change Risk and Sustainable Finance
- Young Professional – Credit Risk Analytics and Regulatory Policy
- Young Professional – Payment Ecosystem
- Young Professional – Policy and Research in Domestic and Cross-Border Payment Systems
- Young Professional – Policy and Research
- Young Professional – Artificial Intelligence
- Young Professional – Quantum Technology
- Young Professional – Data Analysis
- Young Professional – Financial Markets
- Young Professional – Data Analytics and Policy Research
All selected candidates will be posted in Mumbai. Read the detailed notification here.
How to apply
Candidates have to submit a scanned copy of the prescribed application form along with the required documents through email at yphrmdco@rbi.org.in.The application should include:
- Curriculum Vitae (CV)
- Academic certificates and qualification documents
- Statement of interest
- Sample of academic or policy writing
- Recommendation or reference letter from a professional referee
Applicants seeking to apply for multiple posts must send separate applications for each position.
Selection process
The selection process will consist of:
- Preliminary screening and shortlisting
- Document verification
- Personal interview
Shortlisted candidates will receive interview call letters through email only.Important:Candidates should ensure that all required documents are submitted in the prescribed format. Incomplete applications or applications received after the deadline will not be considered.The RBI has advised applicants to carefully check the eligibility requirements for the post they are applying for before submitting their applications.The last date to submit applications for RBI Young Professionals recruitment 2026 is July 6.
