RBI Banks Medical Consultant Recruitment 2026 - Apply Offline

The Reserve Bank of India (RBI), India's central banking institution and the apex monetary authority, has announced recruitment for Bank's Medical Consultant (BMC) positions for its regional offices in Bhopal and Indore, Madhya Pradesh. This prestigious opportunity invites qualified medical practitioners to serve on a contractual basis, providing essential healthcare services to RBI employees and their families at designated RBI dispensaries. The recruitment notification offers an attractive remuneration package of Rs. 1,000 per hour on a fixed contractual basis for a period of three years, making it one of the most lucrative part-time medical consultancy positions in the government sector. The Reserve Bank of India operates comprehensive employee welfare facilities across all its regional offices, including well-equipped dispensaries providing quality healthcare services. The Bank's Medical Consultant plays a crucial role in this healthcare ecosystem, conducting regular consultations, health check-ups, medical examinations for employees, emergency medical assistance, and coordinating with empanelled hospitals for specialized treatments. This position offers medical professionals an excellent opportunity to serve with India's premier financial institution while maintaining flexibility for private practice or other professional engagements. ## About Reserve Bank of India (RBI) Established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934, the RBI functions as the nation's central bank and regulatory authority for the financial system. The RBI is responsible for formulating and implementing monetary policy, regulating and supervising the financial system, managing foreign exchange, issuing currency, and acting as banker to the government and banks. With its Central Office in Mumbai and regional offices across major cities including Bhopal and Indore, the RBI employs thousands of dedicated professionals who work toward maintaining financial stability and economic growth of the nation. The RBI is known for its excellent work environment, comprehensive employee benefits, and strong focus on employee welfare. The organization maintains modern medical facilities at all its offices, ensuring quality healthcare for employees and their dependents. The Bank's Medical Consultant positions are integral to this healthcare infrastructure, providing primary healthcare services, conducting periodic health examinations, maintaining health records, coordinating with specialist doctors, and ensuring prompt medical attention during emergencies. ## Detailed Vacancy Information and Locations The current recruitment notification encompasses 02 positions of Bank's Medical Consultant (BMC) for RBI's offices in Madhya Pradesh. These positions are strategically distributed across two important locations in the state to ensure comprehensive healthcare coverage for RBI staff members stationed in these regions. The first position is designated for the RBI Dispensary at Hoshangabad Road, Bhopal. This dispensary serves the medical needs of employees working at the RBI Bhopal Regional Office and staff residing in associated residential colonies. The location on Hoshangabad Road is well-connected and accessible, providing convenient healthcare access to employees. The consultant appointed for this location will be responsible for conducting regular OPD sessions, emergency medical services, health check-ups, and coordinating with nearby hospitals for referrals. The second position is for the RBI Dispensary at Avantika RBI Staff Colony, Char Imli, Bhopal. This residential colony houses numerous RBI employees and their families, making on-site medical facilities essential. The Avantika dispensary serves as a primary healthcare center for colony residents, providing immediate medical attention, preventive healthcare services, and health advisory. The consultant here will work closely with the residential community, understanding their specific health needs and providing personalized medical care. Both positions require the consultant's residence or clinic to be located within a 3-5 kilometer radius from the respective dispensaries to ensure prompt response during emergencies and maintain regular consultation schedules. This proximity requirement ensures that RBI employees have access to medical consultation with minimal delay, particularly important for urgent medical situations. ## Educational Qualification and Professional Requirements The educational and professional requirements for Bank's Medical Medical Consultant positions have been carefully structured to ensure appointment of qualified and experienced medical practitioners capable of handling diverse healthcare needs of RBI employees. The essential educational qualification mandates possession of an MBBS degree from any university recognized by the Medical Council of India (now National Medical Commission) in the allopathic system of medicine. The degree must be obtained through regular mode from an institution approved by the Medical Council of India. The candidate must possess valid registration with the State Medical Council (Madhya Pradesh Medical Council in this case) and the registration should be current and in good standing without any disciplinary actions or suspensions. As a desirable qualification, preference will be given to candidates possessing a post-graduate degree in General Medicine (MD Medicine) from a recognized medical university. This advanced qualification indicates specialized knowledge in internal medicine, enabling the consultant to handle complex medical cases, chronic diseases, and provide comprehensive healthcare services. Candidates with MD Medicine will be given preference during the selection process when multiple candidates meet essential eligibility criteria. The experience requirements specify a minimum of two years of experience practicing medicine in any hospital or clinic as a registered medical practitioner. This experience should be post-MBBS completion and must involve direct patient care, diagnosis, treatment, and prescription. Experience in government hospitals, corporate hospitals, nursing homes, or private clinics is acceptable. The experience demonstrates the candidate's practical proficiency in clinical medicine, patient management, and handling medical emergencies. Candidates must also fulfill certain additional requirements including valid medical registration certificate, no history of medical negligence or malpractice, clean professional record without disciplinary actions, computer literacy for maintaining electronic health records, and willingness to participate in periodic training programs organized by RBI on occupational health, employee wellness, and preventive healthcare. ## Roles and Responsibilities of Bank's Medical Consultant The Bank's Medical Consultant holds a position of significant responsibility within the RBI's employee welfare framework. The role encompasses various crucial duties that directly impact employee health and organizational productivity. Primary responsibilities include conducting regular Out-Patient Department (OPD) sessions at designated times, typically for 2-3 hours daily on specified days of the week. During these sessions, consultants must examine patients, diagnose medical conditions, prescribe appropriate medications, order diagnostic tests when necessary, and maintain accurate medical records. Consultants must ensure confidentiality of patient information in accordance with medical ethics and data protection norms. Emergency medical services form another critical aspect of the role. The consultant must be available on call for medical emergencies involving RBI employees, provide immediate medical assistance or guidance over phone, visit the dispensary or employee's residence during emergencies when required, stabilize patients before referring to hospitals, and coordinate with empanelled hospitals for admissions and specialized treatments. Periodic health examinations constitute a significant responsibility. The RBI conducts annual health check-ups for all employees as part of its preventive healthcare initiatives. The Bank's Medical Consultant must organize and conduct these comprehensive health assessments, including clinical examinations, reviewing diagnostic test reports, identifying health risks, providing health counseling, and recommending lifestyle modifications. The consultant must prepare detailed health assessment reports and maintain comprehensive health records for all employees. Additional responsibilities include maintaining and updating medical records using the RBI's electronic health record system, ensuring adequate stock of essential medicines and first aid supplies at the dispensary, coordinating with empanelled hospitals and diagnostic centers, conducting health awareness sessions on topics like diabetes management, hypertension control, stress management, and preventive healthcare, participating in occupational health initiatives, advising on workplace ergonomics and employee wellness programs, and submitting monthly reports on dispensary operations, patient consultations, and health trends. ## Remuneration Package and Contract Terms The remuneration structure for Bank's Medical Consultant positions has been designed to be highly competitive and attractive for experienced medical practitioners. The consolidated consultancy fee is fixed at Rs. 1,000 per hour throughout the three-year contract period. This hourly rate is significantly higher than standard government medical officer salaries and competitive with private sector medical consultancy rates. The actual monthly earning depends on the number of hours committed as per the agreement with RBI. Typically, consultants are required to conduct OPD sessions for 2-3 hours daily on 5-6 days per week, resulting in approximately 40-72 hours monthly. This translates to a monthly income ranging from Rs. 40,000 to Rs. 72,000 or higher, depending on the agreed schedule. The hourly payment structure provides flexibility, allowing consultants to maintain their private practice while serving RBI. The contract period is three years from the date of joining, with the consultancy fee remaining fixed throughout this period without any increments. However, the contract may be renewed based on performance, organizational requirements, and mutual agreement. Early termination clauses exist for both parties with appropriate notice periods as specified in the agreement. Additional benefits include professional association with India's premier financial institution, exposure to occupational health practices in a large organization, opportunity to work with modern medical facilities and equipment, access to RBI's empanelled hospitals and diagnostic centers for referrals, participation in medical conferences and training programs, and professional indemnity coverage as per RBI policies. It is important to note that this is a contractual engagement and does not entitle the consultant to regular RBI employee benefits such as provident fund, pension, house rent allowance, or other allowances applicable to regular employees. The consultant is responsible for their own income tax obligations and professional expenses. However, the attractive hourly rate and flexible nature of the engagement make this an appealing opportunity for medical practitioners seeking additional professional engagement alongside private practice. ## Residence and Proximity Requirements One of the critical eligibility criteria for this recruitment is the residence or clinic proximity requirement. Candidates must have their residence or dispensary/clinic located within a 3-5 kilometer radius from the designated RBI dispensaries. This requirement is non-negotiable and ensures that consultants can respond promptly to medical emergencies and maintain regular consultation schedules without significant travel time. For the Hoshangabad Road, Bhopal dispensary, acceptable residential areas include localities within 3-5 km radius such as Hoshangabad Road area, Bawadia Kalan, Kotra Sultanabad, Arera Colony, and nearby areas. For the Avantika RBI Staff Colony, Char Imli dispensary, acceptable residential areas include Char Imli area, Raisen Road vicinity, and surrounding localities within the specified radius. During the application process, candidates must provide complete residential address with landmarks, proof of residence (utility bills, rent agreement, property documents), and may be required to submit a declaration regarding proximity to the dispensary. The distance will be verified during document verification stage, and candidates failing to meet this criterion will be disqualified regardless of their medical qualifications and experience. This proximity requirement serves multiple purposes - it ensures prompt response during medical emergencies, reduces travel time and associated delays in medical consultation, enables consultants to make multiple visits daily if required, facilitates emergency calls outside regular OPD hours, and ensures continuity of healthcare services without disruptions due to travel difficulties. ## Selection Process and Interview The selection process for Bank's Medical Consultant positions involves multiple stages designed to assess candidates' professional qualifications, clinical expertise, and suitability for working in RBI's healthcare system. The first stage is application scrutiny where all received applications are carefully reviewed to verify that candidates meet essential eligibility criteria including MBBS qualification from recognized university, minimum two years of post-MBBS experience, valid medical council registration, and residence within specified radius. Applications not meeting any of these criteria are rejected at this stage itself. Eligible candidates are shortlisted based on their qualifications, experience, and additional credentials. Candidates with post-graduate degrees in General Medicine (MD), those with longer experience, and those with experience in corporate or government hospital settings are given preference during shortlisting. Shortlisted candidates are called for personal interview conducted by a selection committee comprising senior RBI officials, medical advisor (if applicable), and possibly external medical experts. The interview assesses candidates on various parameters including clinical knowledge and diagnostic skills, ability to handle medical emergencies, understanding of occupational health concepts, communication skills and patient interaction abilities, familiarity with RBI's employee health programs, knowledge of medical ethics and patient confidentiality, and overall personality and suitability for the role. The interview may include scenario-based questions to assess clinical decision-making abilities, questions on handling common medical conditions and emergencies, discussion on preventive healthcare and employee wellness initiatives, and queries regarding availability and commitment to regular OPD schedules. Candidates may also be evaluated on their approach to maintaining medical records, coordinating with hospitals, and managing dispensary operations. Final selection is based on interview performance, verification of educational and experience certificates, medical council registration verification, residence proximity verification, and reference checks if applicable. Selected candidates receive appointment letters specifying terms of engagement, consultancy fee, working hours, responsibilities, and contract duration. Candidates must submit acceptance within the stipulated timeframe and join on the specified date to complete joining formalities. ## Application Procedure and Important Instructions The application process for RBI Bank's Medical Consultant positions follows an offline mode, requiring candidates to submit physical application forms with supporting documents to the designated address. Candidates must download the prescribed application format from the RBI official website (www.rbi.org.in) or RBI Regional Office Bhopal website. Alternatively, application formats may be collected in person from the RBI Regional Office, Bhopal. The application form must be filled carefully in clear handwriting or typed format, ensuring all sections are completed accurately. Essential documents to be attached with the application include recent passport-size photographs, detailed curriculum vitae (CV) highlighting educational qualifications, professional experience, and publications (if any), self-attested copies of MBBS degree certificate and marksheets, self-attested copies of post-graduate degree certificate (if applicable), self-attested copies of medical council registration certificate (current and valid), experience certificates from all previous employers or hospitals, proof of residence (Aadhar card, utility bills, rent agreement), and undertaking regarding residence proximity to dispensary. All documents must be properly arranged and securely attached to avoid loss during postal transit. The completed application form along with all annexures must be sent by ordinary post or speed post to the designated address: The Regional Director, Reserve Bank of India, Regional Office, Bhopal. The exact address should be verified from the official notification. The envelope should be clearly superscribed with "APPLICATION FOR THE POST OF BANK'S MEDICAL CONSULTANT - BHOPAL/INDORE" to facilitate proper sorting and processing. Applications must reach the RBI Regional Office on or before 5:00 PM on February 10, 2026. Applications received after the deadline will not be considered under any circumstances. Candidates should apply well in advance to account for postal delays. It is advisable to send applications through speed post or registered post for tracking purposes, though this is not mandatory. Important instructions include ensuring that photocopies are clear and readable, applications must be complete in all respects, incomplete applications or applications without required documents will be summarily rejected, only candidates meeting all eligibility criteria should apply, canvassing in any form will lead to disqualification, RBI reserves the right to cancel the recruitment process without assigning any reason, and decisions of RBI regarding eligibility and selection will be final and binding.