Applications are invited from eligible candidates for one (1) post (UR category) of Medical Consultant (MC) on contractual basis, with fixed hourly remuneration for the dispensary of College of Agricultural Banking, Reserve Bank of India, Pune (herein after referred to as the Bank), located at Ground Floor, Indrayani Hostel, College of Agricultural Banking, Reserve Bank of India, University Road, Pune-411016.
Eligible candidates may apply as per the format given in Annex-III only. Application in a sealed cover should reach the Principal, College of Agricultural Banking, Reserve Bank of India, University Road, Pune-411016 on or before April 08, 2025, @17:30 hrs. Applications shall be accepted through registered post/ courier/By hand. The sealed cover should be super-scribed as ‘Application for the post of Bank’s Medical Consultant (BMC) on contract basis with fixed hourly remuneration’.
Candidates are advised to thoroughly read this advertisement and satisfy themselves about their eligibility before submitting the application.
Applications not in the prescribed format or not accompanying copies of requisite documents / certificates will be summarily rejected.
Corrigendum: Please note that Corrigendum, if any, issued on the above advertisement, shall be published only on the Bank’s website.
Eligibility Criteria:
The applicant should, at a minimum, possess an MBBS degree of any University recognized by the Medical Council of India in the Allopathic system of medicine.
Applicants having Master’s Degree in General Medicine can also apply for this post.
The applicant should have a minimum of two (02) years’ post qualification experience practicing Allopathic system of medicine in any hospital or clinic as a Registered Medical Practitioner.
The applicant’s dispensary/ residence should be within a radius of 10-15 kms from the Bank’s dispensary, i.e, College of Agricultural Banking, Reserve Bank of India, University Road, Pune-411016.
Remuneration, duty hours and other conditions:
The contract of engagement will be for a period of three years. There will not be any renewal of engagement on completion of the period of contract.
The remuneration of Bank’s Medical Consultant on contract basis will be fixed throughout the period of the contract with reference to the actual duty hours performed and will be all inclusive.
Applications are invited from eligible candidates to fill one (01) post (Unreserved category (UR)) of Bank’s Medical Consultant (BMC) on contract basis, with fixed hourly remuneration for Reserve Bank of India (hereinafter referred to as the Bank).
The Reserve Bank of India, Raipur Office, currently located at Subhashish Parisar, Mahadev Ghat Road, Sunder Nagar, Raipur (C.G.), 492013 is expected to relocate to a new address at Sector-24, Atal Nagar, Nava Raipur, 492101 in near future.
The delivery location of service under this Contract shall initially be at Subhashish Parisar, Mahadev Ghat Road, Sunder Nagar, Raipur. As and when the Reserve Bank of India, Raipur Office relocates to the new address, the delivery location for service under this Contract shall also shift to the new address located at Nava Raipur.
The Bank shall provide the Service provider with at least seven (7) days’ prior written notice of the relocation date.
Upon receipt of the written notice, the Service provider shall deliver service to the new address in Sector-24, Nava Raipur for the remaining duration of the Contract.
The Service provider shall not be entitled to any additional compensation or adjustment to the agreed-upon rates for the delivery of services to the new location in Sector-24, Nava Raipur. The prices quoted in this Contract shall remain firm and fixed for the entire duration of the Contract, irrespective of the delivery location.
The Contract for engagement of the BMC will start from the next FY 2025-26 after completion of recruitment process. The application should be submitted to the Regional Director, Reserve Bank of India, Mahadeo Ghat Road, Sundar Nagar, Raipur on or before 05 PM of March 14, 2025.
Eligibility, Terms & Conditions:
Applicant should at a minimum, possess MBBS degree of any university recognized by the Medical Council of India in the allopathic system of medicine.
Applicant having post graduate degree in General Medicine can also apply.
The applicant should have a minimum of two (02) years’ experience of practising medicine in any hospital or clinic.
The applicant should have his/her dispensary or place of residence within a radius of 30 kms from Subhashish Parisar, Mahadev Ghat Road, Sunder Nagar, Raipur (C.G.), 492013 and/ or Reserve Bank of India, Sector 24, Nava Raipur – 492101.
The remuneration of the Bank’s Medical Consultant on contract basis will be fixed throughout the period of contract with reference to the actual duty hours performed and will be all inclusive.
The Contract for engagement will be for a period of three (03) years. There will not be any renewal of engagement on completion of the Contract.
Applications are invited from eligible candidates to fill up 03 posts of Part-Time Bank’s Medical Consultant (BMC) on purely contractual basis for three (03) years, with fixed hourly remuneration for the dispensaries attached to Office buildings and residential colony of Reserve Bank of India, Ahmedabad (herein after referred as ‘the Bank’) situated at Near Gandhi Bridge, Ahmedabad – 380014.
The Bank reserves the right to increase/decrease the number of vacancies as per the requirement; or not to fill up the vacancies.
Eligible candidates may apply as per the format given in Annex – III only. Application should reach the Regional Director, Human Resource Management Department, Reserve Bank of India, 4th Floor, Main Office Building, Near Gandhi Bridge, Ahmedabad – 380014, on or before February 26, 2025. The application should be sent in a sealed cover super-scribed as ‘Application for the post of Bank’s Medical Consultant on Contract Basis’ or by email to rdahmedabad@rbi.org.in.
Candidates seeking reservation as Other Backward Classes (OBC) must ensure that they are entitled to such reservation and should also submit all the requisite certificates in the prescribed format in support of their claim along with the application.
Candidates seeking reservation as OBC, shall have to produce a certificate in the prescribed proforma ONLY, meant for appointment to posts under the Government of India from the designated authority clearly indicating the candidate’s caste, the Act/Order under which the caste is recognised as OBC and the Village/Town the candidate is ordinarily a resident of. They must also ensure that the name of their caste/community and its spelling in their caste/community certificate should be exactly as mentioned in the lists notified by the Central Government from time to time (for OBC category list of castes recognized by the Government of India as OBC castes in the central list is available on the site http://www.ncbc.nic.in). A certificate containing any variation in the caste name will not be accepted. Further the OBC certificate should also clearly indicate that the candidate does not belong to creamy layer as defined by the Government of India for applying to posts and services under the Central Government. Candidates belonging to OBC category but falling under the ‘Creamy Layer’ are not entitled to OBC reservation. The OBC candidates availing reservation benefit will have to produce OBC certificate issued on or after April 01, 2024, with ‘Non-Creamy Layer’ clause as per Government of India guidelines.
The OBC claim of a candidate will be determined in relation to the State (or part of the State) to which his/her father originally belongs. A candidate who has migrated from one State (or part of the State) to another should, therefore, produce an OBC certificate which should have been issued to him/her based on his/her father’s OBC certificate from the State to which his/her (father) originally belongs.
Reservation for Economically Weaker Section (EWS) in recruitment is governed by Office Memorandum No. 36039/1/2019-Estt (Res) dated 31.01.2019 of Department of Personnel & Training, Ministry of Personnel, Public Grievance & Pensions, Government of India.
Appointment of Economically Weaker Section (EWS)/ Other Backward Class (OBC) candidates on contract basis is provisional and subject to verification of Caste Certificate/Income & Asset Certificate from competent authority. If verification reveals that the claim of belonging to Economically Weaker Section (EWS)/ Other Backward Class (OBC) is false, the services of such candidate will be terminated immediately without assigning any further reasons and the Bank reserves the right to take such legal action as it may deem fit.
Candidates are advised to thoroughly read this advertisement and satisfy themselves about their eligibility before submitting the application.
Applications not in the prescribed format or not accompanying copies of requisite documents / certificates will be summarily rejected.
Eligibility Criteria:
Applicant should at a minimum, possess MBBS degree of any university recognized by the Medical Council of India in the Allopathic system of medicine.
Applicants having post graduate degree in General Medicine can also apply for this post.
Applicant should have minimum of 02 (two) years post qualification experience practicing Allopathic system of medicine in any hospital or clinic as Medical Practitioner.
The applicant should have his/her dispensary or place of residence within a radius of 10-15 kms from the Bank’s dispensaries.
Remuneration, duty hours and other conditions:
During the period of contract, a remuneration of Rs.1,000/- per hour will be paid. Out of the monthly remuneration so payable, a sum of Rs.1,000/- per month will be treated as conveyance expenses and Rs.1,000/- per month will be paid as the reimbursement of mobile charges. No other facilities/perks will be payable to the BMC engaged on contract basis.
The engagement is purely on contract basis. No superannuation benefits viz. Pension, Provident Fund or Gratuity will be payable for the engagement. No leave, perquisites/facilities would be admissible. If required to attend a dispensary on any public holiday/holiday, compensation @ Rs.1,000/- per hour shall be paid.
Remuneration will be paid as per the actual duty hours performed and will be all inclusive.
RBI reserves the right to review the rate of remuneration from time to time, change the duty hours as well as the dispensary attached to a BMC at its discretion, in case it becomes expedient for administrative and operational requirements. Due to change of the dispensary, the number of working hours of the BMC may change accordingly.
Number of hours of engagement of a BMC can be increased up to 30 hours per week as per the requirement of the Bank. However, the total hours of engagement of a BMC in all dispensaries put together shall not exceed 30 hours per week.
Contract for engagement will be for a period of three years. There will not be any renewal of engagement on completion of the contract period.
Modalities for selection
The Bank will be conducting interview and document verification for the shortlisted candidates. The Bank reserves the right to raise the minimum eligibility standards, etc., in order to limit the number of candidates to be called for interview. The decision of the Bank in this regard will be final. Mere fulfilling of the eligibility criteria does not entitle the candidate to be called for interview. Apart from those who may be called for interview, the Bank will not entertain any correspondence with the applicants who are not found eligible / not considered eligible for interviews.
Applicants shortlisted after undergoing the document verification process and interview shall be subjected to medical examination as per prescribed norms, before being considered to be eligible to be engaged as Medical Consultant (MC) on contract basis. The cost of these medical examination process/ tests will have to be borne by the applicant.
A candidate selected for the post shall be engaged subject to his/her being found medically fit and on acceptance of Terms and Conditions of Contract given in Annex – I and the Code of Conduct given in Annex-II.
The selected candidate has to sign an agreement with the Bank before being engaged as Bank’s Medical Consultant (on contract basis) with fixed hourly remuneration.
The Reserve Bank of India (RBI) serves as the nation’s central bank since its establishment in 1935. Operating as an autonomous body, the RBI plays a crucial role in shaping India’s monetary policy, regulating financial institutions, and maintaining economic stability.
Job Opportunities at the Reserve Bank of India
The Reserve Bank of India (RBI), as India’s central banking institution, offers diverse and prestigious career opportunities across various domains. Working at the RBI not only provides financial stability but also gives professionals the chance to contribute meaningfully to the nation’s economic framework.
Entry Pathways
- Direct Recruitment
The RBI conducts regular recruitment drives for various positions through competitive examinations. The most common entry routes include:
Grade B Officers
This is one of the most sought-after positions at the RBI. The selection process involves a comprehensive examination consisting of:
- Phase I: Preliminary examination (objective type)
- Phase II: Main examination (descriptive and objective papers)
- Phase III: Interview
Grade B Officers are recruited in different streams including General, DEPR (Department of Economic and Policy Research), and DSIM (Department of Statistics and Information Management).
Grade C Specialists
For specialized roles, the RBI recruits technical experts in fields such as legal, engineering, information technology, and security. These positions typically require specific qualifications and experience.
Internship Programs
The RBI offers internship opportunities for students pursuing post-graduation in economics, finance, or related fields. These internships provide valuable exposure to central banking functions and can sometimes lead to permanent positions.
LATEST JOB VACANCIES AT RESERVE BANK OF INDIA (RBI)
Career Domains at RBI
Economic Research and Policy
Economists at the RBI analyze economic trends, assist in monetary policy formulation, and contribute to publications like the Monetary Policy Report and Financial Stability Report.
Banking Supervision and Regulation
Officers in this domain monitor banking institutions, conduct inspections, and ensure compliance with regulatory guidelines.
Currency Management
This department oversees the issuance, distribution, and disposal of currency notes and coins throughout the country.
Foreign Exchange Management
Professionals here manage India’s foreign exchange reserves and implement foreign exchange regulations.
Information Technology
The IT department maintains the RBI’s technological infrastructure and develops digital solutions for banking operations.
Legal Services
Legal officers handle litigation, provide legal advice, and assist in drafting regulations and circulars.
Human Resource Development
This department manages recruitment, training, and career development of RBI employees.
Benefits of Working at RBI
- Financial Benefits
- Competitive salary structure
- Performance-linked incentives
- Comprehensive healthcare coverage
- Housing facilities or allowances
- Generous retirement benefits
- Professional Development
- Regular training programs
- Opportunities for higher studies
- International exposure through collaborations with other central banks
- Research publications
Work-Life Balance
The RBI is known for providing a conducive work environment with:
- Reasonable working hours
- Liberal leave policies
- Recreational facilities
- Holiday homes across the country
Preparation Strategy for RBI Examinations
For those aspiring to join the RBI, preparation should focus on:
- Strong foundation in economics, banking, and finance
- Awareness of current national and international economic events
- Analytical and problem-solving skills
- Effective communication abilities
- Thorough understanding of the RBI’s functions and policies
Application Process
The RBI announces vacancies through its official website and leading national newspapers. Candidates need to:
- Register on the RBI recruitment portal
- Complete the online application form
- Pay the application fee
- Download and preserve the confirmation page
Current Job Vacancies at RBI:
VISIT THE FOLLOWING LINK TO VIEW LATEST VACANCIES AT RESERVE BANK OF INDIA (RBI).
