1. Introduction - A Different Kind of Banking Career

When most people hear “bank recruitment,” they immediately think of clerks, probationary officers, and competitive exams like IBPS or SBI PO. But the Indian banking system also hires professionals from non-banking backgrounds-especially doctors, engineers, lawyers, and IT experts.

The RBI Part Time Bank Medical Consultant (BMC) recruitment is one such niche opportunity.

This is not an exam-oriented government job. Instead, it is a professional engagement where qualified medical practitioners work with the Reserve Bank of India on a contractual, part-time basis.

For MBBS doctors looking for:

  • Stable institutional association
  • Fixed hourly income
  • Work-life balance
  • Prestige of working with India’s central bank

this recruitment can be an excellent option.

However, it is important to understand one thing clearly:
This is not a regular government job with pension or permanent status.
It is a contractual medical consultancy role.

Let’s analyze everything in a structured, practical way.

2. Key Details at a Glance

ParticularInformation
OrganizationReserve Bank of India (RBI)
Post NamePart Time Bank’s Medical Consultant
Total Vacancies3
Mode of ApplicationOffline
Qualification RequiredMBBS (MCI recognized)
Experience RequiredMinimum 2 years
Salary₹1,000 per hour
Job TypeContractual (3 years)
Selection MethodInterview
Last Date to Apply12 February 2026

3. Eligibility Explained in Simple Terms

Educational Qualification

The notification clearly demands:

  • MBBS degree from a university recognized by the Medical Council of India
  • Degree must be in the allopathic system of medicine
  • Postgraduate degree in General Medicine is desirable but not mandatory

This means:

  • BHMS / BAMS / BUMS candidates are NOT eligible
  • Only allopathic MBBS doctors can apply

Experience Requirement

You must have:

  • Minimum 2 years of medical practice experience
  • Experience can be in a hospital, clinic, or as a practicing medical practitioner

Fresh MBBS graduates without experience should not apply.

Location Requirement

One unique condition:

The candidate must have:

  • A private clinic or residence
  • Within 4 to 8 kilometers of the RBI dispensary location

This requirement exists because the role involves emergency availability and quick accessibility.

Age Limit

The official notification does not specify a strict age limit.
This is common in consultant-level roles.

4. Selection Process - No Exam, Only Professional Evaluation

Unlike normal banking recruitments, there is:

  • No written exam
  • No online test
  • No prelims or mains

Selection is purely based on:

  1. Shortlisting of applications
  2. Personal interview
  3. Medical fitness test
  4. Document verification

RBI will call only selected candidates for the interview.

Important reality:

Just meeting eligibility does NOT guarantee an interview call.
RBI shortlists based on profile quality and suitability.

5. Step-by-Step: How to Apply (Offline Mode)

This recruitment follows a traditional offline process.

Application Method:

  1. Download the official application format
  2. Fill all details carefully
  3. Attach required documents
  4. Put everything in a sealed envelope
  5. Superscribe on the envelope:
    “Application for Engagement of Part Time Bank’s Medical Consultant on contractual basis”
  6. Send to:

Regional Director,
Reserve Bank of India,
Human Resource Management Department (Recruitment Section),
Mahatma Gandhi Marg, Kanpur - 208001

Last Date:

Application must reach by
12 February 2026 - 5:15 PM

Common Mistakes to Avoid

  • Incomplete application forms
  • Missing signature
  • Not attaching experience proof
  • Wrong address on envelope
  • Late dispatch
  • Not mentioning superscription

Since it is offline recruitment, even small clerical mistakes can reject your candidature.

6. Salary, Benefits & Career Reality

Remuneration Structure

  • ₹1,000 per hour fixed
  • Paid monthly based on actual duty hours
  • Additional ₹1,000 per month as conveyance allowance

Important Limitations

This is where aspirants must be realistic:

  • No PF
  • No pension
  • No gratuity
  • No paid leave
  • No regular employee benefits

It is strictly a professional contractual engagement.

Work Duration

  • Contract period: 3 years
  • No renewal after completion
  • Either side can terminate with 3 months’ notice

So treat this as a stable short-to-medium term professional assignment rather than a lifelong government career.

7. Who Should Actually Apply?

This role is NOT for every MBBS doctor.

You should seriously consider this if:

  • You run a private clinic near the RBI location
  • You want additional stable income
  • You prefer fixed working hours
  • You want institutional exposure
  • You are not looking for hectic hospital shifts

Not suitable if:

  • You want permanent government job
  • You expect promotions
  • You seek long-term service benefits
  • You are planning to relocate frequently

8. Pros and Cons - Honest Analysis

Pros

  • Association with RBI - highly prestigious
  • Fixed hourly income
  • Stable work environment
  • No competitive exam pressure
  • Ideal supplementary income

Cons

  • Only 3 vacancies
  • Contractual nature
  • No retirement benefits
  • Location restriction
  • Limited career growth

9. Checklist Before Applying

Keep these ready:

  • MBBS degree certificate
  • MCI registration proof
  • Experience certificates
  • Address proof
  • Identity proof
  • Updated resume
  • Filled application form
  • Recent photographs

Double-check:

  • Eligibility
  • Distance requirement
  • Envelope superscription
  • Last date timing

10. Final Words - Practical Career Advice

This RBI BMC recruitment is a specialized professional opportunity, not a competitive banking job.

It suits:

  • Experienced local doctors
  • Those seeking part-time institutional engagement
  • Practitioners wanting stable side income

If you fit the profile, apply confidently.

If you are a fresh MBBS graduate or someone looking for permanent government service, this role may not align with your expectations.

Choose wisely based on your long-term career plan.

Frequently Asked Questions

Q1. Is there any written exam for this post?
No. Selection is only through interview and verification.

Q2. Can fresh MBBS graduates apply?
No. Minimum 2 years experience is mandatory.

Q3. Is this a permanent RBI job?
No. It is purely contractual for 3 years.

Q4. Can doctors from other cities apply?
Only if they can fulfill the 4-8 km residence/clinic requirement.

Q5. Is there any age limit?
Not specified in the official notification.

Apply Now

Apply Link: https://rbi.org.in