Scholarships For High School Students In India – RBI Scholarship Young Scholars Award

RBI Scholarship Young Scholars Award Reserve Bank of India (RBI) has initiated the RBI Young Scholars Award Scheme for generating the interest and awareness about the RBI and Indian banking sector. Under this Scheme, the RBI selects a maximum of 150 young scholars across the country via competitive examination and then award scholarship to them. The purpose of the scheme is to provide exposure of an actual banking and financial environment to the youngsters. It also intends to inculcate a sense of pride in the awarded candidates that they can associate themselves with such a prestigious organisation or the central bank of the country.

The RBS bank credit card reward points selection test consists of the role and functions of RBI and other banks in India. It is conducted in both English and in all the major regional languages. The selected candidates are required to work on projects in the selected offices of RBI for a period of two to three months and they are paid a consolidated stipend of Rs. 7500/- per month during the tenure of the project. RBI will help the outstation awardees with their boarding and lodging.

All the students who are between 18 and 23 years of age and who are pursuing their undergraduate studies currently in any subject are eligible to take the competitive examination. Students should be doing this course under any recognized university in India. There is no application fee charged for the selection test. All the desirous candidates can submit their applications for RBI Scholarships either online or offline to the following address

Institute of Banking Personnel Selection,

IBPS House,

Post Box No: 8587,

Mumbai- 400101.

You can also go through the further details on the RBI Young Scholars Award Scheme by visiting the RBI Scholarships Website at

Scholarship for School Students

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