RBI Opens Summer Internship 2026; Apply by Dec 15

• RBI offers a three-month summer internship for postgraduate and professional students.
• Applications open Oct 15–Dec 15; selection via shortlisting and interviews.
• Interns work on live RBI projects and receive a ₹20,000 monthly stipend.

The Summer Internship Programme at the Reserve Bank of India (RBI) offers students a chance to experience the operations of India's central bank and engage in practical economic, financial, regulatory, and policy research settings.

The RBI internship welcomes students enrolled in postgraduate programs, integrated five-year courses, and professional bachelor's degrees in areas such as Economics, Finance, Management, Statistics, Commerce, Banking, Econometrics, Law, and similar fields. Eligible to apply are only those students who are in the second-to-last year of their studies. Additionally, their credentials should be from accredited Indian universities or institutions.

The summer internship generally lasts for a maximum of three months from April to July the year after applications are sent. The specific timeframe may be modified by the Bank according to project demands and departmental requirements. The applications for the RBI summer internship opened on October 15 and will close on December 15.

The shortlisting and interviews will occur in January and February, with final decisions announced from February to March. Candidates who wish to apply must do so online via the official RBI internship portal by completing a web-based application form. The application asks for personal and educational information, a statement of purpose, program choices, and uploads of files including a photo, signature, valid identification, and an institute bonafide or authorization certificate.

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Candidates can submit applications for placement in a single Control Office, usually corresponding to the state of their institution's location. The RBI chooses a small group of interns (typically around 125) annually via a competitive procedure that can involve reviewing applications and conducting interviews. After selection, interns are assigned to different RBI offices throughout India, where they engage in live projects, research assignments, data analysis, document examination, and departmental support under professional guidance.

They might operate in fields such as banking oversight, monetary policy, financial stability, compliance, data analysis, and economic research. Chosen interns are given a monthly allowance of Rs 20,000. Although RBI does not offer lodging, interns from outside the area may be reimbursed for AC II-Tier return rail fare for their journey to the designated internship site.