The Reserve Bank of India (RBI) has announced an official notification for the recruitment of two (2) Medical Consultants to serve in their banking institutions. This recruitment offers a unique opportunity for qualified medical practitioners to work on a contractual basis with attractive remuneration and specific eligibility criteria. Interested candidates are encouraged to apply offline by submitting their applications through the official RBI website. The application deadline is February 24, 2026. This comprehensive job description provides all necessary details related to eligibility, selection process, application procedures, salary structure, and important dates relevant to the RBI Banks Medical Consultant posts. Read further to understand all aspects of this opportunity and how to apply effectively.
RBI Bank’s Medical Consultant Recruitment 2026 Overview
This section provides an at-a-glance summary of the key aspects of the recruitment process.
| Parameter | Details |
|---|---|
| Company Name | Reserve Bank of India (RBI) |
| Post Name | Bank’s Medical Consultant (BMC) |
| Number of Posts | 2 |
| Salary | ₹1,000 per hour (fixed for the contract period of three years) |
| Qualification | MBBS degree recognized by the Medical Council of India; PG in General Medicine desirable |
| Start Date | January 21, 2026 |
| Last Date to Apply | February 24, 2026 |
| Official Website | www.rbi.org.in |
| Advertisement & Notification PDF | Extended Notification PDF |
| Official Notification PDF | Official Notification PDF |
Vacancy Details
The recruitment pertains to two (2) positions of Medical Consultants designated as Bank’s Medical Consultants (BMC), requiring qualified medical practitioners to serve at the designated RBI dispensaries in Bhopal. The vacancies are reserved under different categories, but both are open to eligible applicants without gender bias.
Vacancy Breakdown
| Category | Vacancies | Reservation Status |
|---|---|---|
| Scheduled Tribes (ST) | 1 | Included (Reservation applicable) |
| Unreserved (UR) | 1 | Included (Reservation applicable) |
| Total | 2 | N/A |
Eligibility Criteria
Educational Qualifications
Applicants must possess a minimum of an MBBS degree from a university recognized by the Medical Council of India (MCI). A postgraduate degree in General Medicine is considered desirable and may enhance the candidate’s prospects.
Experience Requirements
Candidates should have at least two (2) years of experience practicing medicine in a hospital or clinic setting. Practical experience as a medical practitioner is essential for effective diagnosis, treatment, and consultancy roles.
Resident Location
Applicants must have residence or a dispensary within a radius of 3-5 kilometers from the designated RBI dispensaries situated at:
- Hoshangabad Road, Bhopal – 462 011
- Avantika RBI Staff Colony, Char Imli, Bhopal – 462 016
Proof of residence may be required during the selection process.
Reservation for SC/ST Candidates
Reservation categories apply as per government guidelines. Candidates claiming reservation need to submit valid caste certificates at the time of application. Engagement for reserved-category candidates remains provisional pending verification of eligibility.
Salary & Other Terms
Remuneration
The selected candidates will be paid a fixed rate of ₹1,000 per hour. The contractual engagement spans three (3) years, during which this rate remains unchanged.
Additional Allowances & Expenses
| Component | Details |
|---|---|
| Conveyance Expenses | A fixed sum of ₹1,000 per month may be treated as conveyance allowance. |
| Mobile Charges | Reimbursement at ₹1,000 per month for mobile usage. |
| Attendance on Public Holidays | If required to work on public/holiday, compensation of ₹1,000 per hour shall be applicable. |
| Tax Deduction | Income Tax at source will be deducted as per prevailing laws. |
| Other Benefits | No superannuation, pension, provident fund, gratuity, leave, or perquisites shall be admissible under this engagement. |
Important Dates and Application Process
Key Dates
| Event | Date |
|---|---|
| Start of Application Submission | January 21, 2026 |
| Last Date for Application Submission | February 24, 2026, by 05:00 PM |
Application Procedure
Interested candidates should prepare their application as per the prescribed format in Annex-III. The application must be submitted offline via postal service to the address mentioned below in a sealed cover, duly superscribed as “Application for the post of Bank’s Medical Consultant on Contract Basis”.
Step-by-step Application Submission
- Download the application form (Annex-III) from the official RBI website or the notification PDF.
- Fill in all required details accurately and legibly.
- Attach attested copies of relevant certificates, including age proof, educational qualifications, experience, caste (if applicable), and MCI registration certificate.
- Place the complete application in an envelope, clearly marking the purpose.
- Send the application to the following address before the deadline:
Submission Address
Regional Director
Reserve Bank of India
Hoshangabad Road, P.B. No.32
Bhopal – 462 011
Selection Process
The selection procedure comprises multiple stages to ensure the most suitable candidates are shortlisted for the Medical Consultant position.
Stages of Selection
- Document Verification: Candidates’ eligibility, experience, and testimonials will be verified.
- Interview: Shortlisted candidates will be called for an interview conducted by the bank.
- Medical Examination: Candidates who clear the interview will undergo a medical fitness test as per norms. The expense for the medical examination is borne by the candidate.
Additional Notes on Selection
The bank reserves the right to modify or raise minimum eligibility criteria to limit the number of candidates shortlisted for interviews. Final appointment is contingent upon meeting the medical standards and acceptance of contractual terms.
Terms & Conditions
The engagement of Medical Consultants is purely contractual for a period of three (3) years, with no automatic renewal or extension. Applicants are required to accept all terms specified by RBI before engagement.
Contract & Agreement
Successful candidates will have to sign a formal contract with the bank, agreeing to abide by the terms, code of conduct, and job responsibilities outlined in Annex-I and Annex-II of the notification.
Other Important Instructions
- All applications must be in the prescribed format; incomplete or wrongly filled applications will be rejected.
- The bank can allocate any of its dispensaries across the specified locations based on operational requirements.
- Remuneration, duty hours, and location are subject to review and can be altered by the bank within permissible limits.
- Candidates claiming reserved category benefits must provide valid caste certificates at the time of application.
- Engagement is provisional subject to verification of eligibility and other prerequisites.
- No accommodation, leave, or other perquisites are provided during this contractual engagement.
Additional Resources & Links
- Extended Notification PDF
- Official Notification PDF
- Official RBI Website
- Join Telegram Channel for Updates
- Download Mobile App for Sarkari Results and Notifications
For further assistance, clarification, or updates related to the RBI Bank’s Medical Consultant recruitment, candidates are advised to regularly check the official RBI website and notification PDFs.