Reserve Bank of India (RBI) Summer Internship Scheme 2026. (Stipend: Rs. 20,000). Last Date to Apply: 15th December 2025.

About RBI Summer Internship Scheme 2026:

The Reserve Bank of India (RBI), India’s central banking institution, invites applications for its Summer Internship Programme, a prestigious opportunity for postgraduate students, including those pursuing law, economics, finance, management, and statistics. This programme is designed to provide hands-on exposure to the functioning of the RBI and to encourage research contributions in areas of policy, regulation, and governance.

Internship Details:

Eligibility:
- Students pursuing:
  - a) post-graduate courses
  - b) Integrated five-year courses in Management / Statistics / Law / Commerce / Economics / Econometrics / Banking / Finance
  - c) Three-year full time professional bachelor’s degree in law from reputed Institutions / Colleges located in India.
- Students who are currently in the penultimate year of their course can only apply for the summer placement.
Duration:
- The internship usually spans 8–10 weeks during the summer months (April–July).
- Normally the period of placement will be for a maximum of three months during the period from April to July. The period may be reduced/extended at the discretion of the Bank.
Location:
- Interns are placed at the RBI Central Office, Mumbai, or at select regional offices, depending on the project allocation.
Stipend:
- Interns receive a stipend of ₹20,000 per month (subject to RBI’s prevailing rules).
Submission Deadline:
- 15th December 2025.
Application Process:

Interested candidates must apply through the official RBI portal by filling out the online application form.
The application form requires academic details, a statement of purpose, and preferred areas of research.

ONLINE APPLICATION FORM

Areas of Research for Law Students:

Law students are particularly encouraged to apply for projects in:

Banking Regulation and Compliance
Financial Consumer Protection
Corporate Governance in Financial Institutions
Legal Aspects of Monetary Policy and Central Banking
Technology, Data Privacy, and Financial Regulation

This makes the internship especially valuable for those interested in regulatory law, financial sector litigation, or policy advisory roles.

Application Details:

Instructions regarding on-line application form:

Please note that all the particulars mentioned in the online application including Name of the Candidate, Date of Birth, Address, Mobile Number, Email ID, Centre of summer placement etc. will be considered as final and no modifications will be allowed after submission of the online application form. Candidates are hence requested to fill in the online application form with the utmost care as no correspondence regarding change of details will be entertained. RBI will not be responsible for any consequences arising out of furnishing of incorrect and incomplete details in the application or omission to provide the required details in the application form.
An online application which is incomplete in any respect such as without photograph, signature and College authorization letter/ Bonafide certificate uploaded in the online application form will not be considered.
Candidates are advised in their own interest to apply on-line much before the closing date and not to wait till the last date to avoid the possibility of disconnection/inability/failure to log on the RBI website on account of heavy load on internet/website jam.
RBI does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of the aforesaid reasons or for any other reason beyond the control of RBI.
Please note that the above procedure is the only valid procedure for applying. No other mode of application or incomplete steps would be accepted, and such applications would be rejected.

Selection:

The Bank will select a maximum of 125 students for summer placement every year. In the month of January / February of the following year, the interview for the short-listed candidates will be held at the offices as indicated. The short-listed outstation candidates will be required to bear the travel costs of journey to the office of RBI and back for this purpose. Names of selected students will be communicated in the month of February / March.

Selected outstation candidates will be reimbursed AC II Tier return fare by rail (or equivalent amount) from the place of his/her institute to the place of summer placement for undertaking the project.

Why Should Law Students Apply?

For law students, the RBI internship is more than just a summer engagement—it is an opportunity to:

Gain first-hand exposure to the legal and regulatory framework of India’s financial system.
Work on live projects that influence banking and financial policy.
Build a professional network with RBI officials, policymakers, and researchers.
Strengthen academic and professional credentials for careers in litigation, corporate law, regulatory practice, or academia.
The RBI Summer Internship Programme is a rare and prestigious opportunity for law students to bridge the gap between legal education and financial regulation practice. With its structured projects, mentorship, and stipend support, it offers a platform to contribute meaningfully to India’s central banking ecosystem.
Law students aspiring to work at the intersection of law, finance, and policy should strongly consider applying.

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