Young Professional – Policy and Research in Domestic & Cross-Border Payment Systems – 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 — experience in public policy or payment systems is preferred.
Age Limit
Age Limit: Between 21 to 30 years
Application Mode
Application Mode: Online
Deadline
Deadline:

Join the Reserve Bank of India as a Young Professional focusing on Domestic & Cross-Border Payment Systems research. This single vacancy in Mumbai offers a monthly stipend of ₹1,50,000 and is open to Postgraduates in Economics, Finance, or Engineering graduates and CAs. This role provides a unique platform to support top management in formulating national payment system policies.

  • Age limit: 21–30 years as of July 06, 2026.
  • Tenure: 3 years initial contract, extendable up to 5 years.
  • Application mode: Email submission of PDF application to yphrmdco@rbi.org.in.
  • Selection process: Screening committee shortlisting followed by an interview.
  • Deadline: July 06, 2026.
Notification

applyforgovt.com is an independent informational platform and is not affiliated with any government organization, PSU, ministry, department, or recruiting authority. Verify details on the official website before applying.

Additional Salary Information

Fixed stipend of ₹1,50,000 per month; no other allowances or benefits apply.

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 position provides a fixed monthly stipend of ₹1,50,000.

Post-Graduate degree in Economics/Finance/Data Science, B.E./B.Tech, or CA.

There is 1 vacancy available for this specific role.