RBI Scholarship Scheme 2023: Apply Online & Last Date

RBI Scholarship Scheme Apply Online & Registration Form | Benefits & Features | RBI Scholarship Scheme Check Scholarship Amount & Last Date | RBI Scholarship Scheme & Login Portal | Check Workplace & All Details |

The Reserve Bank of India authorities has launched the RBI Scholarship Scheme. This scholarship has been launched for the faculty members of academic institutions. Teachers who are full-time faculty members and teachers for finance or economics in any university can take advantage of this scholarship. The teachers who are pursuing critical projects and contributing to the Reserve Bank Research Universe can apply for the scholarship.

Today through this article we will provide you with all the important information about this scholarship like objectives, highlights, timelines, eligibility criteria, benefits, features and important documents etc. Apart from this, we will also provide you with the process to apply online under this fellowship. If you want to grab all the information about this fellowship, read this article till the end. 

RBI Scholarship Scheme 2023

The RBI Scholarship Scheme has been launched by the Reserve Bank of India. Faculty members of academic institutions can grab this scholarship. The amount of the scholarship will be provided to those students who are pursuing critical projects. Teachers who are teaching economics or finance can also take advantage of this scholarship.

This scholarship has been launched under the supervision of the Central Government. There are many teachers who want to pursue their critical projects but due to financial issues, they cannot do so.  From the amount of this scholarship, they can pursue their critical projects.  The amount of this scholarship will be directly transferred to the bank account.

Highlights Of RBI Scholarship Scheme 2023

The highlights of this scholarship are given below:-

Objectives Of RBI Scholarship Scheme 2023

The main objective of the RBI Scholarship Scheme is to provide financial assistance to the faculty members of academics who are teaching Economics or  Finance, they can apply for this scholarship. The amount of the scholarship will help them to carry forward their critical projects and research. 

Another objective of this scholarship is to encourage faculty members and teachers to pursue critical projects with full enthusiasm. The amount of this scholarship will be directly transferred to the bank account. Teachers of UGC or AICTE can take advantage of this scholarship. This scholarship will motivate them to do their work in a better way.

List Of Eligible Beneficiaries 

The following beneficiaries will be considered eligible for getting the scholarship amount:- 

• Faculty Members of colleges or universities 
• Teachers of UGC and AICTE-approved colleges 

Scholarship Timelines

The timelines of this scholarship are given below:-

List Of Covered Grants

The list of our grant are given below:-

Selection Procedure

To get the advantage of this scholarship candidates to have to go through the selection procedure.  The candidate will be selected on the basis of a research proposal which must not be more than 1000 words,  curriculum vitae and interview will also be held in this selection procedure.  The interview will be held by a selection panel.  After getting qualified all rounds, students will be eligible for this scholarship.

Work Place   

This scholarship is administered by the Department of Economic and Policy Research, Central Office, RBI Mumbai. Those students who will be selected for this scholarship have to work from their place. But in certain cases, the candidate has to visit the RBI Central Office during the study period. This is not for each and every candidate.     

Benefits of RBI Scholarship Scheme 2023

The benefits of this scholarship are given below:-

•  RBI Scholarship Scheme has been launched by Reserve Bank of India authorities.
• This scholarship is launched for faculty members.
•  From this scholarship, faculty members can complete their projects.
• Scholarships will provide financial assistance to faculty members.
• The RBI will bear all the expenses of faculty members which will come in completing the project.
• The candidates can apply online under the RBI scholarship scheme.
• The last date of the scholarship is 20 October 2021.
• The scholarship amount of Rs. 1.5 Lakh to be provided to the candidates.
• To avail of this scholarship, candidates have to go through the selection procedure.
•  This scholarship is an amazing opportunity for faculty members.

Features Of RBI Scholarship Scheme 2023

 The features of this scholarship are given below:-

• The RBI Authorities have launched the RBI Scholarship Scheme.
• The scholarship is for faculty members and teachers.
•  This scholarship will bear at all the expense of the faculty members and teachers.
•  Those faculty members who are doing research on projects can take advantage of this scholarship.
•  The duration of this scholarship is 3 months.
•  Under this scholarship affair tickets will also be provided.
•  An amount of rupees 40,000 will be provided to the candidates monthly.
• The last date to apply online under this scholarship is 20 October 2021.
•  For more information about the RBI Scholarship Scheme candidates can visit the official website.

Eligibility Criteria

The eligibility criteria of this scholarship are given below:-

• The candidate must be a permanent resident of India.
•  Candidates must be team members of an approved university.
•  The age limit of the candidate should not exceed 55 years.

Important Documents

 Some of the important documents required for this scholarship are given below:-

• Aadhar Card
• DOB certificate 
• Annual Income Certificate
• Latest Passport Size Photograph 
• Bank accounts details 
• Active Mobile number for receiving OTPs 
• Working Email Id for future reference 
• Latest Passport Size Photograph

Process To Apply Online Under RBI Scholarship Scheme

 This scholarship is just newly launched, for this reason, not much information has been given about it on social networks. If you have any information about it, we will tell you about the RBI Scholarship Scheme. We will update you through our article otherwise, the applicants can visit the Official Website.