Young Professional – Payment Ecosystem – RBI

Maharashtra, India Posted Last verified

Quick Info

Vacancies
Vacancies: 1
Employment Type
Employment Type: Contract, Full Time
Pay Scale
Pay Scale: ₹150,000 per month
Qualification
Qualification: Post-Graduate degree in Economics, Statistics, Finance, Commerce, Public Policy, or Data Science; or B.E./B.Tech; or Chartered Account (CA).
Experience Required
Experience Required: Freshers eligible — work experience in payment systems or financial markets is desirable.
Age Limit
Age Limit: Between 21 to 30 years
Application Mode
Application Mode: Online
Deadline
Deadline:

The Department of Payment and Settlement Systems at RBI is hiring one Young Professional for the Payment Ecosystem work area. Offering a fixed stipend of ₹1,50,000 per month, this role requires a PG degree in Economics, Finance, or a B.Tech/CA qualification. Candidates will engage in high-level research on global payment architectures and fintech innovations in Mumbai.

  • Age limit: 21 to 30 years as of July 06, 2026.
  • Employment type: Contractual basis for an initial period of 3 years.
  • Application mode: Online email submission to yphrmdco@rbi.org.in.
  • Selection process: Preliminary screening followed by document verification and interview.
  • Last date to apply: July 06, 2026.
Notification

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Additional Salary Information

Fixed stipend of ₹1,50,000 per month for the entire duration of engagement.

Important Dates

Notification Date 15 June 2026
Application Deadline 06 July 2026
Tentative Joining Period August – October 2026

Selection Process

Preliminary Screening Shortlisting by Screening Committee Document Verification Interview

Application Fees

No application fee mentioned

Reservation

UR: 1 OBC: 0 SC: 0 ST: 0 EWS: 0

How to Apply

  • Download the Application Proforma from Annexure-VI of the official notification.
  • Fill the application form accurately in block letters.
  • Prepare a scanned copy of the duly filled application in PDF format.
  • Attach a Curriculum Vitae (CV) and academic transcripts/degree certificates.
  • Include a Statement of Interest and a sample of academic or policy writing.
  • Attach a reference or recommendation letter from a professional referee.
  • Send the email to yphrmdco@rbi.org.in with the subject line: YP Application – Post Code – Name of the Candidate.
  • Ensure the total size of PDF attachments does not exceed 5 MB.

Frequently Asked Questions

The role offers a fixed monthly stipend of ₹1,50,000.

A Post-Graduate degree in Economics/Finance/Data Science, or B.E./B.Tech, or Chartered Accountancy (CA).

Candidates must be between 21 and 30 years old as of July 06, 2026.