RBI Summer Placement 2027
Last date 15 December 2026 (counted to end of day IST; the notice may say an earlier time)
ForMaster's / PhD
Read this first
Penultimate year only, and only management/stats/law/commerce/economics/banking/finance streams; you can apply to one Control Office only, decided by where your college is.
What RBI Summer Placement 2027 is
Up to 3-month summer project (April-July 2027) at an RBI office; max 200 students selected; interviews Jan/Feb
Who can apply
penultimate-year students of PG (MBA, M.Stat, MA Economics, M.Com, finance) or integrated five-year programmes in management/statistics/law/commerce/economics/banking/finance, plus 3-year LLB students; Indian citizens studying in India only; B.Tech and other undergrads cannot apply, and nor can final-year students
The organiser's rules Indian students, i.e., students holding citizenship of India and pursuing studies in India, who are enrolled in the following courses in the streams of Management / Statistics / Law / Commerce / Economics / Econometrics / Banking / Finance in reputed Institutions / Colleges located in India: Post-graduate courses; Integrated five-year courses. (Three-year LLB also eligible.) Students must be in their penultimate year of their course as on date of the application.
What it pays
“Summer trainees are eligible to receive a monthly stipend of ₹25,000/- per month w.e.f from April 2027.”
Important dates
- Opens
- 15 October 2026
- Last date
- 15 December 2026
- Checked
- 31 October 2026, on Reserve Bank of India's own page
The receipt
Copied word for word from Reserve Bank of India's own page, so you can check it yourself:
“Eligible students should apply for summer placement through the online web-based application form from 15th October to 15th December of the previous year for internship starting from April of next year.”
Desk notes
The deadline sentence is RBI's standing annual rule (15 Oct to 15 Dec of the year before), not a dated 2027 notice; the stipend line 'w.e.f from April 2027' shows the page is current for this cycle. Page rendered with scrapling. Apply only to the Control Office for the state where your college is located. Shortlisted outstation candidates pay their own travel to the interview; selected outstation trainees get AC II tier return rail fare. Interviews Jan/Feb, results Feb/March. Arguably could sit under B-industry Finance; kept in B-govt as a central-bank programme.
FAQ
What is the last date to apply for RBI Summer Placement 2027?
The last date is 15 December 2026 (count it as end of day IST unless the notice says an earlier time). Reserve Bank of India's own page says: "Eligible students should apply for summer placement through the online web-based application form from 15th October to 15th December of the previous year for internship starting from April of next year."
Who can apply for RBI Summer Placement 2027?
penultimate-year students of PG (MBA, M.Stat, MA Economics, M.Com, finance) or integrated five-year programmes in management/statistics/law/commerce/economics/banking/finance, plus 3-year LLB students; Indian citizens studying in India only; B.Tech and other undergrads cannot apply, and nor can final-year students. In the organiser's words: Indian students, i.e., students holding citizenship of India and pursuing studies in India, who are enrolled in the following courses in the streams of Management / Statistics / Law / Commerce / Economics / Econometrics / Banking / Finance in reputed Institutions / Colleges located in India: Post-graduate courses; Integrated five-year courses. (Three-year LLB also eligible.) Students must be in their penultimate year of their course as on date of the application.
How much does RBI Summer Placement 2027 pay?
Reserve Bank of India's page says: "Summer trainees are eligible to receive a monthly stipend of ₹25,000/- per month w.e.f from April 2027."
Where do I apply for RBI Summer Placement 2027?
On Reserve Bank of India's own site: https://opportunities.rbi.org.in/scripts/summer.aspx. The Deadline Desk links only to the organiser's page, never an aggregator.