RBI Grade B Legal Officer Recruitment: Apply Online, Eligibility, Salary, and More

Every year Reserve Bank of India (RBI) conducts RBI Grade B Officer Exam to select eligible candidates for the position of Grade B officer in its various branches all across the country. As the Reserve Bank of India offers an excellent pay scale and a reputed job profile, it lures thousands of candidates every year to take this examination.

This article will help you understand better the RBI Grade B Legal Officer Recruitment, the roles and responsibilities, salary, application procedure, syllabus, exam centres, and much more.

About RBI

The Reserve Bank of India, chiefly known as RBI, is India’s central bank and regulatory body responsible for the regulation of the Indian banking system. It is under the ownership of the Ministry of Finance, Government of India. It is responsible for the control, issuing and maintaining a supply of the Indian rupee. It also manages the country’s main payment systems and works to promote its economic development.

About RBI Legal Officer Recruitment

A position in the Reserve Bank of India is a commitment to national service. It is the location where your actions affect the whole economy and influence the development of the financial industry in our nation. The RBI solicits applications annually for the RBI Legal Officer Recruitment 2021. Continue reading to learn about the RBI Law Officer Recruitment (Grade B).

RBI Grade B Legal Officer: Apply Online

Candidates can take up the online application format by logging in to the official RBI site. Along with filling online application form, candidates must pay a Demand Draft (DD) of Rs 100/-. DD amount must be paid in Mumbai. It is possible to apply for this post via offline mode. Candidates can send the completed application form together with DD to the concerned address by post within the last date.

The detailed steps are as follows:

1. Candidates should apply online for the RBI Law Officer Recruitment only through the official website www.rbi.org.in.
2. Go to www.rbi.org.in >Opportunities@RBI>Current Vacancies>Vacancies and click on “Online Application Form”.
3. Enter their basic details and upload the photograph, signature, left thumb impression and a hand-written declaration as per the specifications given. 
4. To register the application, choose the tab “Click here for New Registration” and enter your Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system.
5. Fill in the necessary details
6. Validate your details and Save your application.
7. Upload Photo & Signature as per the specifications given in the Guidelines for Scanning and Uploading of Photograph and Signature. 
8. Fill in other details of the Application Form.
9. Click on the Preview Tab to preview and verify the application form before FINAL submission. Modify details, if required, and click on ‘FINAL SUBMIT’ ONLY after verifying and ensuring that the photograph, signature uploaded and other details filled are correct. 
10. Click on the ‘Payment’ Tab and proceed with payment. 
11. Click on the ‘Submit’ button. 

Application Fees

Exam Pattern of RBI Legal Officer Recruitment

Selection for RBI Law Officers takes place through Online and Offline Examinations plus Interviews. The examinations consist of objective and descriptive-type question papers as below:

RBI Grade B Legal Officer Syllabus

Part I (General Knowledge of Law)

1. Transfer of Property Act, 1882
2. Registration Act, 1908
3. Principles of Statutory Interpretation
4. Negotiable Instruments Act, 1881
5. Legal Drafting
6. Law of Evidence
7. Contract Act, 1872
8. Constitutional Law
9. Code of Civil Procedure, 1908
10. Administrative Law

Part II (English)

1. Precis Writing
2. Language Comprehension
3. Essay Writing
4. Business/ Office Correspondence 

Eligibility Criteria for RBI Legal Officer Recruitment

Age Limit

1. The higher age limit of candidates applying for this post should be 32 years (Age relaxation given to SC/ST/OBC/PWD candidates).
2. The upper age limit is relaxable by three years for candidates who possess an LL.M. degree and five years for candidates with a PhD in Law. 

Essential Qualifications

1. A graduate degree in Law is essential to apply for Legal Officer (Grade B) post in RBI.
2. Candidates should take up an LLB degree from any institute recognized by the Bar Council of India. 50% marks in the LLB course are compulsory for this position in RBI.
3. It is necessary for candidates to study Computer Applications to apply for this post.
4. Postgraduates in Law are also eligible to apply for this post in RBI.

Experience Required

At least two years experience as an:

1. Advocate/ Legal Consultant/ Legal Assistant/ Associate in an Advocates’ or Solicitors’ Office or Law firm after being enrolled with the Bar Council; or 
2. As a Law Officer in the Legal Department of a large bank / financial institution / statutory corporation/company / State / Central Government; or 
3. As a full-time teacher of law in a Law College / University.

Roles and Responsibilities of RBI Legal Officer

1. Dealing with references on legal matters received from various departments of the Reserve Bank and its associate institutions, which are primarily related to the interpretation and study of different statutes such as the Reserve Bank of India Act 1934, Foreign Exchange Management Act 1999, Banking Regulation Act 1949, Companies Act 2013, etc. 
2. Making first drafts of legislation administered/to be administered by the Bank. 
3. Drafting pleadings and comprehensive instructions/briefs to counsel in connection with litigation that involves the RBI and its associate institutions.
4. Appearing before Labour Courts, Conciliation Officers,  Tribunals etc., on behalf of the Bank.

RBI Legal Officer Salary 

Exam Centers for RBI Legal Officer Recruitment

1. Hyderabad
2. Guwahati
3. Chennai
4. Chandigarh
5. Calcutta
6. Bhubaneswar
7. Bhopal
8. Bangalore
9. Ahmedabad

Important Links for RBI Legal Officer Recruitment

1. RBI Home Page (RBI Grade B Results)
2. RBI Current Vacancies
3. RBI Legal Officer Recruitment 2022 Notification
4. Previous Year RBI Grade B Papers:
   1. Paper I 2016
   2. Paper II 2016
   3. Paper I 2012
   4. Paper II 2012
   5. Paper I 2009
   6. Paper II 2009
   7. Paper I 2008
   8. Paper II 2008

Frequently Asked Questions

Source: Lawctopus