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RBI Grade B Eligibility Criteria

Topics Covered: RBI Grade B Eligibility Criteria, Age Limit, Educational Qualification, Number of Attempts, Apply Online & Admit Card

Are you starting the preparation for RBI Grade B Exam? Well, if you are, welcome to the world where you can get all the eligibility, application form, and admit card-related information you need.

So, let me start by asking you some questions.

Were you the kid who always thought that graduation and post-graduation qualifications don’t matter? Did your parents constantly give you a hard time during those exams?

Well, if the answer to those questions is yes, then you should know that the RBI too wants you to be consistent throughout your life. Not only do they want aspirants to have high grades, they also want the aspirants to be consistent with their grades.

With that said, I bet you will learn a lot from this blog as I have provided important information on various key topics related to RBI Grade B.

So, let’s not chit chat more and dive into our first topic.

Table of Content – RBI Grade B Eligibility Criteria 

RBI Grade B Eligibility 2023

The RBI Grade B 2023 Notification is not out yet. So, when it comes to the RBI Grade B Eligibility 2023, you’d have to refer the parameters associated with the previous edition of the recruitment. To elaborate, till the 2019 Grade B officer recruitment, candidates not only had to have a minimum of 60% marks in their graduation but also the same in their 10th and 12th mark sheets as well. This was changed in the 2020-21 Grade B recruitment and is carried forward in the 2022 notification. Now the minimum requirement is at least 60% marks in Graduation or 55% marks in Post-Graduation. The clause about having a minimum of 60% in the 10th and 12th mark sheets has been scrapped. You can know more about the updated criteria in the subsequent sections. If you prefer to watch a video, I have covered the eligibility criteria in detail in the video below.
RBI Grade B Course Kit (Books for Phase 1 & 2)
Preparation Kit for RBI Grade B Exams

RBI Grade B Eligibility 2023 – Educational Qualification

Coming onto this section you might want to know what is RBI Grade B Eligibility 2023? While Eligibility is a crucial aspect of an examination process, it needs to be present on the scene every time.

However, with the notification of the potential recruitment still obscure, at this juncture nothing concrete about RBI Grade B eligibility 2023 can be stated.

But as the component like eligibility seldom changes, aspirants can lay hold of the eligibility from the previous notification.

As per last year’s, i.e., RBI Grade B 2022 eligibility, candidates must adhere to the following educational qualification requirements to be eligible for the RBI Grade B exam.

You may read about it in detail in the table below:

Post Minimum Education Qualification
General

You need to have atleast 60% marks in Graduation (50% for SC/ST/PwBD applicants) or 55% marks in Post Graduation(pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years. Many students ask if 60% marks in graduation should be in each semester or average. Well, relax, it’s an average of all semesters.

DEPR

You need to have any one of the following: (A) A Master's Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR (B) PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR (c) Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. Note: SC, ST and PwBD candidates having second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters / years in Master's Degree examination or equivalent recognized qualifications are eligible to apply.

DSIM

You need to have any one of the following: (A) A Master's Degree in Statistics/Mathematical Economics/ Mathematical Statistics/Statistics & Informatics/Econometrics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay with at least 55% marks in aggregate of all semester/years or an equivalent grade; OR (B) Master's Degree in Mathematics with at least 55% marks in aggregate of all semester/years and 1-year PG Diploma in Statistics or related subjects from the reputed institute; OR (C) M.Stat. from Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years OR (D) PG Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with at least 55% marks in aggregate of all semesters/years or equivalent grade. Note: For SC/ST/PWD candidates, the minimum marks required in Master's Degree as in items a, b, c, and d above is 50% in aggregate of all semesters/years or an equivalent grade.

CGPA to Percentage Conversion Criteria given by RBI

Some Universities do not provide a percentage of marks and allot Aggregate Grade Points (e.g. CGPA/OGPA/CPI, etc.) in graduation and post-graduation.

In case the University defines criteria for conversion of Aggregate Grade Point into the percentage of marks, the same will be accepted.

However, where the University does not define criteria for conversion of Aggregate Grade Point into the percentage of marks, in the degree/passing certificates, the calculation would go further like this:

CGPA Aggregate Percentage of Marks
6.75 60%
6.25 55%
5.75 50%

RBI Grade B Eligibility 2023 – Age Limit & Relaxation

While you can control all other requirements and aspects of the RBI Grade B exam, eligibility cannot be controlled; specifically, the age limit and relaxation. Thus, it is advisable to tentatively discern your eligibility before you start your journey with RBI Grade B. Coming to the topic of age limit, according to the RBI Grade B 2022 eligibility criteria as of 01st January 2022, you can’t take the exam if you are super smart or a genius who has cleared his college at the age of 18. That is because the minimum age limit to be able to sit for the exam is 21 years. Whereas, the maximum age limit is 30 years. Thus, you also can’t take this exam if you had responsibilities in your 20’s and now want to be a Grade B officer in your 30’s. However, under some special circumstances, or cases, the RBI does grant provisions to take the exam even after the age of 30. But as of now, you must have been born not earlier than January 02, 1992 and not later than January 01, 2001. To know the details about the same, keep on reading. Here is the age eligibility:
  • The eligible age bracket ranges from the age of 21 to 30 years. You must have been born not earlier than January 02, 1992 and not later than January 01, 2001.
  • The upper age limit is 32 if you have M.Phil. and 34 if you have Ph.D.
  • The Upper age limit for OBC candidates is 33 years (only for non-creamy OBC candidates).
  • For SC/ST candidates, the upper age limit is 35 years.
  • Not only this, but You are also given a relaxation equal to the number of years of experience as an officer in Commercial Bank/ Financial Institution/RBI in the Public Sector with an upper cap of 3 years.
After reading the last point, someone might say that they had worked for 10 years in a bank and now they want 10 years of relaxation for the exam. Well, if that’s the case, know that it’s not Going to happen!!
RBI Grade B Toppers
RBI Grade B Toppers

RBI Grade B Eligibility 2023 – Nationality

Talking about the topic of nationality, this is not a very often asked question in the RBI Grade B eligibility section.

When I say it’s not a very frequently asked question, it’s because most students sitting for the exam are Indians, but it just might be the case that someone from our neighbouring country is also willing to sit for the exam.

So, this section is basically for them.

Anyway, I have written the RBI Grade B Nationality Related eligibility criteria below, and according to this criterion the candidate must either be:

    1. A citizen of India, or
    2. a subject of Nepal, or
    3. a subject of Bhutan, or
    4. a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India, or
    5. a person of Indian origin who has migrated from either Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam with the intention of residing permanently in India.

Please note that if you belong to categories (2), (3), (4), or (5), you should possess a certificate of eligibility issued by the Government of India.

Also, it should be noted that if a candidate in whose case a certificate of eligibility is necessary, and if for some reason he doesn’t have it, he may still be admitted to the examination.

However, the offer of appointment may be given only after the necessary eligibility certificate is issued to him/her by the Government of India.

RBI Grade B Eligibility 2023 – Number of Attempts

Each year a daunting figure of about 2 lakhs students apply to the RBI Grade B exam. To maintain the balance in opportunity and refrain from over boarding, there is a fixed number of attempts for most candidates.

Talking about the maximum number of attempts that you are allowed to take for the RBI Grade B Exam, the answer is 6.

Having said that, it should be noted that you needn’t sit for the exam or use one of your attempts if you haven’t prepared for the exam properly. Well, you obviously can, but it’s not needed.

In cases such as the one I have mentioned above, you can always back out anytime you want, i.e., if you don’t think that you are well prepared before the prelims and you want to save your attempt for later.

However, in case you belong to SC/ ST/ OBC/ PWD, there are no such restrictions.

That’s because, for SC/ ST/ OBC/ PWD candidates, the maximum number of attempts is unlimited, meaning they can choose to appear for the exam as many times as they want, till they attain their respective upper age limits.

RBI Grade B Apply Online

Talking about the process of applying for the RBI Grade B 2022 exam, also usually known as the RBI Grade B apply online process, it involves certain steps.

And the most important out of them is the filling of the application form.

Now, I know that it might sound like a very usual run-of-the-mill process to fill out your application form but believe me, there are a lot of people who mess this up.

And thus face the consequences of doing so, such as getting their forms rejected, or not getting to take their exams at their desired exam centres, to name a few.

So, it’s really important to be careful while going through the RBI Grade B apply online process.

I have spoken about it at much length in one of my blogs, so if you want to know in detail how to fill your application form and other important details of the apply online process, check the linked blog.

RBI Grade B Admit Card

The RBI Grade B Admit card is one document that you should never forget to carry to your RBI exam centre, for without it you won’t be allowed to enter.

That said the RBI Grade B admit card for the RBI Grade B Phase 1 and Phase 2 are released online before each of the respective phases, and need to be downloaded and printed out by the RBI Grade B candidates.

Printing out your RBI Grade B admit card is extremely necessary because it’s only the hard copy of the admit card that is considered to be legitimate by the authorities on the date of the exam.

Candidates with soft copies will be considered as not having their admit card with them, and thus will not be allowed to enter the exam hall.

Anyway, that’s all I can say for now. To know about RBI Grade B admit card in detail and steps to download it, click here.

Conclusion

So, if you have come all this way till here then I’m assuming that you must have read all the information that I have provided on this page like the Eligibility Criteria for the RBI Grade B Exam, Apply Online & Admit Card. All these topics are really important for you to know if you are planning to appear for the upcoming RBI Grade B Examination. I hope the content has clarified all your doubts related to the examination.

All the Best!
Keep Learning!

CEO of Anujjindal.in

About Anuj Jindal

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Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 5 years of experience in the field of Education.

FAQs: RBI Grade B Eligibility Criteria

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    What is the Age limit for RBI Grade B 2022?

    Your age is a big criterion when it comes to the topic of eligibility for the RBI Grade B. To appear for the RBI Grade B 2022 exam, you should place inside the 21-30 years age bracket, provided you belong to the General category. If you belong to any other category, you might be granted relaxation on your upper age limit. To know more about RBI Grade B Eligibility for 2022 pertaining to age you can check here. 

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    What are the topics covered in RBI Grade B Syllabus?

    The RBI Grade B exam is conducted in 2 Phases. For the first phase, you’d need to prepare for one paper with questions pertaining to, Quantitative Aptitude, Reasoning Ability, English, and General Awareness. For the second phase, you’d need to study 3 papers based on Economics and Social Issues (ESI), Finance and Management (FM), and English Descriptive. You can check out the detailed RBI Grade B Syllabus here. Good Luck!

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    Which book is best for the RBI Grade B 2022 exam preparation?

    Okay, so let us be clear about this. There is no one book that can act as your guardian angel for this exam. You would need to masterfully choose the things to read from a host of different books. But if you really insist on having a single book, here is the link to one that should best help you prepare for the RBI Grade B 2022 exam: RBI Grade B 2022 Phase 1 Book

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    How many attempts can you give for RBI Grade ‘B’ General, DEPR, and DSIM? 

    This is a pretty significant question, knowing the permissible number of attempts for the RBI Grade B exam might help you plan your future accordingly. So here’s the answer: 
    • If you belong to the General category, you can appear no more than 6 times for the RBI Grade B Exam. 
    • If you belong to SC/ST/OBC/PwBD/EWS category, then there are no restrictions on the number of attempts. 

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