RBI Announces Contractual Recruitment for 22 Positions; Pay Set at ₹600 Per Hour

The Reserve Bank of India (RBI) has announced the recruitment of 22 pharmacists on a contractual basis. These positions will be based at RBI dispensaries located in Mumbai and Navi Mumbai. Selected candidates will receive a remuneration of ₹600 per hour.

The Reserve Bank of India is hiring for 22 pharmacist positions on a contractual basis. Candidates selected for these roles will be compensated on an hourly basis, at a rate of ₹600 per hour. Consequently, a candidate working for 5 hours in a single day would earn up to ₹3,000. The roles are for RBI dispensaries in Mumbai and Navi Mumbai. Interested candidates may submit their applications offline—either by post or in person—no later than 5:00 PM on November 3, 2026.

Applicants must hold a matriculation (or equivalent) qualification. Additionally, they must possess a diploma in Pharmacy or a B.Pharma degree from a recognized institution. Candidates must also be registered under the Pharmacy Act, 1948. A key requirement is that, alongside their pharmacy diploma or degree, applicants must be registered with the Maharashtra State Pharmacy Council. Furthermore, candidates are required to have at least 2 years of work experience. It should be noted that preference will be given to individuals with prior experience working in government banks or government institutions.

What is the remuneration?

Selected candidates will be paid on an hourly basis, with a rate of approximately ₹600 per hour. This translates to a daily earning of up to ₹3,000 for 5 hours of work. Please note that there is no provision for additional allowances. These contractual appointments will be for a maximum duration of 240 days at a time. For this recruitment, candidates will be called in to work as and when required. The bank has clarified that this engagement does not confer any right to a permanent or temporary position.

What is the selection process?

Candidates will be selected based on their educational qualifications and the proximity of their residence to the various bank dispensaries. Additionally, prior experience working in government institutions or the Reserve Bank of India (RBI) will be taken into account. Following an initial screening, shortlisted candidates will be called for an interview, which will be succeeded by a medical examination and document verification.

Where and how to submit the application

Applications must be submitted in a sealed envelope, clearly superscribed: "Application for the post of Pharmacist on a contract basis with a fixed hourly remuneration in Mumbai." The application should be sent to: The Regional Director, Human Resource Management Department, Recruitment Section, Reserve Bank of India, Mumbai Regional Office, Shaheed Bhagat Singh Road, Fort, Mumbai - 400001. Furthermore, the application must be completed strictly in the format provided in 'Annex-1' of the notification; applications submitted in any other format will be rejected.