RBI Scholarship 2017 - 2018 Application Form rbi.org.in Faculty Scheme

RBI Scholarship

Are you waiting for an opportunity of scholarship offered by RBI? So guys your wait has been over now because Reserve bank
of India has circulated an advertisement to distribute RBI Scholarship to Faculty Members from Academic Institutions. Duly filled offline Applications are invited from full-time faculty members, teaching economics or finance in any UGC-recognized Universities/ Colleges in India for Scholarship Scheme available now.

Such participants, who have all set up eligibilities for RBI Scholarship they may apply by submitting RBI Scholarship Application Form before the last date to following address. There should not be any mistake in the form to be considered by RBI. These types of schemes are time to time offered by this organization.

To provide this RBI Faculty Scholarship applications are inviting from full-time faculty members to undertake short term research in the areas of monetary and financial economics, banking, real sector issues and other areas of interest to the Reserve Bank. Other sufficient highlights connected with Faculty Scheme Procedure are declared below for all visitors of the post.

Purpose of Scheme:
  • Motive of this fellowship is to boost awareness regarding the activities of  the Bank amongst faculty members and student community, and
  • Second main is to offer exposure to faculty members teaching economics and/or finance in different areas/activities in the Reserve Bank.

Eligibility Criteria- Applicants must be citizen of India and have Full-time faculty teaching economics and or finance in any UGC-recognized Universities or Colleges in India.

Age Limitations - For RBI Faculty Scholarships, aspirants’ age should be below 55 years.

Availability Of Scheme - Beginning of the scholarship scheme would be from August.

Monthly Remunerations For RBI Scholarship -Selected applicants for this scheme will get Monthly allowance of Rs. 25,000/- for the duration of the project and also provide restricted economy class domestic air-fare ticket during visits to RBI Central Office, Mumbai from place of residence/work in India. In addition to the monthly remuneration, on completion of the Project/ Research paper and on acceptance of the same by RBI, payment of Rs. 1 lakh as honorarium would be made.

Selection Method – Aspirants will be getting selected for this scheme through following process as indicated below:
  • Research proposal of not more than 1000 words
  • Curriculum vitae
  • Interview by a selection panel

How to apply for RBI Scholarship of Faculty Scheme - For RBI Scholarship, applicants may apply by filling online application form through official site of RBI that is www.rbi.org.in. Read full advertisement very carefully and download the format of application form. Attach Xerox copies of all essential certificates/ documents, detailed curriculum vitae and the research proposal. Now send form to address given below before the last date.

Postal Address:
“To ‘The Director,
Development Research Group,
Department of Economic and Policy Research,
7th Floor, Central Office Building,
Reserve Bank of India, Fort, Mumbai – 400 001”

Important Dates:
  • Last Date Of Submission Of Application Form: May
  • Commencement of Project:- August

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Reminder- TO get more live updates about this scheme visit Official Link.

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