Dear RBI GRADE B Aspirants

This year RBI changed the eligibility criteria for Grade B recruitment exams, plunging candidates in confusion and has left them surrounded with misinformation. We have received countless queries from candidates inquiring about various conditions in eligibility criteria for RBI Grade B 2015, prompting us to write this article focusing on different eligibility criteria for RBI Grade B examination.

The Reserve Bank of India (RBI) has invited applications for filling up 134 Grade B officers posts for the year 2015. It is worth noting that RBI Grade B officers are paid highest salary in the category. (Checkout latest salary of all bank exams). This coupled with the prestige of working with one of the best central banks in the world has catapulted this recruitment exam to the top in the list of most coveted jobs in government/banking. Owing to this, every serious banking aspirant is eager to appear for this exam and make his/her dreams come true.

But the recent changes in the eligibility criteria of RBI Grade B has led to crashed dreams for many candidates. We will do a breakdown each eligibility criteria to answer all the queries we have received so far.

RBI Grade B Eligibility criteria #1: Origin

Applicants should be Indian citizen, citizen of Nepal/ subjects of Bhutan, persons of Indian origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour Eligibility Certificates have been issued by Government of India.

This means that if you are a person of indian origin from any country other than Myanmar and Sri Lanka, you are not eligible for RBI grade B. In certain special cases, people who have received Eligibility Certificates from Government of India are allowed to sit for the exam.

RBI Grade B Eligibility criteria #2: Age (as on 01/10/2015)

Candidates must be between 21 and 30 years of age for being eligible to appear for RBI Grade B Criteria. This means that the candidate must have been born not earlier than 02/10/1985 (30 years age) and not later than 01/10/1994 (21 years age).

Age Relaxation

a) For candidates possessing higher educational degrees like M.Phil. and Ph.D. qualification. The upper age limit for candidates possessing M.Phil.  will be 32 years and that for candidates holding a Ph.D. degree will be 34 years.

b) For candidates having experience as officers in Public Sector Commercial Banks/Financial Institutions and Reserve Bank of India, the relaxation would depend on the number of years of experience, subject to maximum of three years. What it means is, if a candidate has 1 year of work experience in RBI or any other public sector bank/financial institution, the upper age limit will be 31 years. Similarly for a candidate having 2 years of work experience the age limit would be 32 years and 33 years for a candidate with work experience of 3 years. Any candidate with more than 3 years of work ex, the upper age limit would be 33 years only. Probationary period will not be counted as experience.  

c) For OBC candidates the upper age relaxation is three years.

d) For SC/ST candidates the upper age relaxation is five years.

e) For Ex-employees of banking institutions whose services had to be terminated for reasons of economy or as a result of bank going into liquidation and personnel retrenched from Government Offices after at least one year’s service and currently registered with Employment Exchange the age limit is extended by five years. i.e. 35 years is the upper age limit

f) For Ex-servicemen (including Emergency Commissioned Officers/Short Service Commissioned Officers) provided applicants have rendered at least five years continuous Military Service and have been released on completion of assignment (including those whose assignment is due to be completed within one year). These ex-servicemen should not have been dismissed or discharged on account of misconduct or inefficiency or on account of physical disability or have been released on account of physical disability attributable to Military Service or on invalidment the upper age limit relaxation is again five years.

g) For Emergency Commissioned Officers/Short Service Commissioned Officers who have completed their initial period of assignment of five years of Military Service but whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues certificates that they would be released on selection within three months from the date of receipt of offer of appointment the age limit relaxation is five years.

h) Candidates who had ordinarily been domiciled in Kashmir Division of the State of Jammu and Kashmir between 1st January, 1980 and 31st December, 1989 will get an upper limit age extension by five years.

i) For person with physical difficulty the upper age limit relaxation is 10 years for PWD(GEN); 13 years for PWD(OBC) and 15 years for PWD(SC/ST) candidates.

RBI Grade B Eligibility criteria #3: Educational Qualification (as on 01/10/2015)

Perhaps the most confusing criteria of all is the educational qualification. Starting from year 2015, only those candidates who have scored minimum of 60% marks or an equivalent grade in Bachelor’s degree as well as in 12th and 10th standard examinations will be allowed to sit for RBI Grade B recruitment examination. The minimum qualifying percentage or an equivalent grade for the Bachelor’s Degree will be in aggregate for all semesters/years. This means if in a three year course, the candidate scored 55, 60, 65 for first, second and third year respectively, the average marks for Bachelor’s degree come out to be 60%. The average would be considered only for semesters/years of Bachelor’s degree and not for 10th, 12th and Bachelor’s combined. Let us explain this point in depth below:

1) A candidate who has scored more than 60% in 10th, 12th and less than 60% in graduation is not eligible for RBI GRade B . We have to understand that RBI has specified clearly that you should have scored more than 60% in all three results (10th, 12th and bachelor’s degree). The higher percentage (more than 60% )awarded in any of three exams wouldn’t compensate for lower percentage(less than 60%) in other exam.

2) Similarly,candidates who scored more than 60% in graduation but less than 60% in 10th and/or 12th will not be eligible.

3) Candidates who are currently pursuing final year of graduation, are not eligible for sitting for RBI Grade B. You need to be a graduate on or before 1st October 2015.

4) Candidates with borderline scores such as 59.4 or 59.7 or even 59.9% in any of exam will not be eligible. Candidates need to have 60% or more marks for being eligible.

For Universities/Institutes/Boards which do not follow the percent system and instead award Aggregate Grade Points (e.g. CGPA/OGPA/CPI), they can either provide criteria for conversion of aggregate grade points into percentage of marks or follow the conversion stated below

Equivalent CGPA/OGPA/CPI or similar Aggregate Percentage terminologies allotted on a 10 point scale of Marks Aggregate percentage of marks
6.75 60%
5.75 50%


RBI Grade B Eligibility criteria #4: Number of attempts:

Last but not the least, the eligibility depends on number of attempts for RBI Grade B.

A candidate belonging general category, who have already appeared six times for RBI Grade B Phase-I Examination are not eligible to apply. However for candidates belonging to SC/ST/OBC/PWD, this criteria is not applied. That is they can give the exams unlimited times.

We hope the article solved your doubts regarding eligibility criteria for RBI Grade B recruitment examination. We understand we might have been unable to address all your queries, so please feel free to comment your questions in the comments section below and we will be more than happy to answer them.