RBI Bank’s Medical Consultant Vacancy: Apply by 16 September 2026

The Reserve Bank of India (RBI), Panaji, has invited applications for the engagement of one Bank’s Medical Consultant (BMC) on a contract basis, with fixed hourly remuneration, for its office in Panaji, Goa. The full official advertisement and application form (PDF) sets out the eligibility, remuneration and selection process. This RBI Bank’s Medical Consultant Vacancy suits an MBBS doctor already based in or near Panaji who wants a part-time contract engagement alongside an existing practice.

This recruitment is for one (1) post, open to the Unreserved (UR) category, though reserved-category candidates may also apply under the conditions explained below. The post is based at the Bank’s Panaji office. Candidates should check all details in the article below.

Information verified from the official Reserve Bank of India, Panaji advertisement for engagement of Bank’s Medical Consultant (BMC). Notification Date: 26.08.2026. Last verified: 27 August 2026.

The Reserve Bank of India, Panaji, is recruiting one Bank’s Medical Consultant (BMC) on a contract basis, with fixed hourly remuneration, for its Panaji office in Goa. The last date to submit the application is 5:00 PM on 16 September 2026. Applications are not submitted online — they must be sent by registered post, courier, or by hand to the Regional Director, RBI, Panaji, in a sealed envelope, using the prescribed Annex-III format. Selection is through document verification, an interview, and a medical fitness test.

Quick Summary of RBI Bank’s Medical Consultant Vacancy

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About Reserve Bank of India (RBI)

The Reserve Bank of India is India’s central bank, responsible for monetary policy, currency issuance, and regulation of the banking system. Its regional offices, including the one at Panaji, run staff welfare arrangements such as a dispensary facility for employees and their families. This particular vacancy is for that dispensary — a doctor engaged part-time, on contract, to look after the medical needs of RBI Panaji’s staff and their dependants.

How this vacancy compares

This is added context, not part of the official notification. Confirm with the hiring office.

A fixed-hourly-rate contract medical consultant post like this one is a narrower, more specialised kind of hiring than the large-scale Medical Officer recruitment usually run through the UPSC, SSC, or state health departments. Those drives typically fill many posts across states through a written exam and interview. This RBI vacancy fills a single dispensary position through direct interview, with no written test stage, and comes with a fixed three-year, non-renewable contract rather than a regular, pensionable government post. Candidates comparing options should weigh this against standard Medical Officer or Staff Nurse-type recruitment, which usually offers a longer-term service structure.

Important dates

Applications reaching the Regional Director’s office after 5:00 PM on 16 September 2026 will not be considered, as the notification sets this as a firm cut-off time, not just a date.

RBI Bank’s Medical Consultant Vacancy details and salary

Verified total: 1 post, matching the notification.

How the remuneration is structured:

• The rate is ₹1,000 per hour, paid on a monthly basis for the entire three-year contract.
• Of the total monthly amount payable, ₹1,000 may be treated as conveyance expense.
• A separate mobile charges reimbursement of ₹1,000 per month is paid in addition to the above.
• Duty hours are fixed at 12:15 PM to 2:15 PM, Monday to Saturday, excluding Bank holidays, though the notification states these timings are subject to change.
• Total engagement hours can be increased up to a maximum of 30 hours per week, at the Bank’s discretion, but must never exceed that cap.
• If the BMC is required to attend on a public holiday, the Bank pays compensation at the same rate of ₹1,000 per hour.
• Tax will be deducted at source on this income as per the Income Tax Act, 2025.
• The remuneration is all-inclusive, and no other pay or perks apply.

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Contract terms and conditions

This is a contract engagement, not a regular government job, and the notification is explicit about what that means:

• The contract runs for three (3) years, with no renewal on completion.
• There is no pension, Provident Fund, or Gratuity, and no leave or other perquisites.
• The Bank can review the remuneration rate, alter duty hours, or change the dispensary location at its discretion, if administrative needs require it.
• The contract can be ended by three months’ notice on either side, or by paying three months’ remuneration in lieu (calculated at ₹1,000 per hour per Bank working day). For gross misconduct, the Bank can end the contract with just 15 days’ notice.
• The selected candidate must submit a Self-Declaration that no current employer objects to this engagement.
• If the selected candidate is already engaged elsewhere for more than 30 hours a week, a No Objection Certificate (NOC) from that employer is required.
• Disputes arising from the contract fall under the jurisdiction of the Courts of Panaji.

Job profile — what the BMC will do

The notification’s Terms and Conditions (Annex-I) set out the BMC’s duties in detail. The role covers:

• Attending the private dispensary during fixed duty hours, without keeping it closed for two successive days.
• Providing free consultation, medicines, and injections to Bank staff, touring staff, their families (including dependent parents), and retired employees or spouses covered under the Medical Assistance Fund Scheme.
• Being available for urgent consultation at the BMC’s own private clinic, at Bank-prescribed charges.
• Extending the same facility to relatives of employees residing in staff quarters or leased flats.
• Working as a General Medical Practitioner, regardless of any postgraduate qualification the doctor holds or later acquires.
• Treating minor and major illness, and attending emergency cases on Bank premises — including outside normal duty hours — with referral to hospitals where needed.
• Taking personal responsibility for all injections administered, and personally handling important dressings and minor surgeries (routine dressings may be delegated to a competent pharmacist).
• Visiting Bank staff living in quarters or leased flats when required, and submitting a health report, with visit fees paid separately.
• Issuing and countersigning medical leave certificates for employees.
• Attending officers and their families at their residence when asked, at a Bank-fixed visit or consultation fee.
• Certifying fitness for service for employees or prospective RBI employees.
• Issuing prescribed order forms for special or costly drugs from Bank-approved chemists.
• Helping arrange hospital facilities for staff or their families needing indoor hospitalisation.
• Inspecting the office premises monthly for sanitary and hygienic conditions.
• Carrying out prophylactic inoculations (such as for typhoid) and vaccinations as necessary.
• Submitting an annual health report on the staff and examining Annual Health Check-up (AHC) reports once a year.
• Giving a professional opinion on the reasonableness of treatment costs for medical claims referred by the Bank.
• Arranging a substitute, at the BMC’s own risk and cost, if absent from duty.
• Observing the Bank’s Code of Conduct (Annex-II), which covers confidentiality, integrity, a bar on political activity and trade-union association, restrictions on speaking to the press about Bank matters, a ban on accepting gifts from employees or splitting referral fees, rules on alcohol and public conduct, and a strict prohibition on sexual harassment of women employees. A breach of the Code, or negligence and misconduct in the role, can lead to termination of the contract.

RBI Bank’s Medical Consultant Eligibility

Since this is a single post with one uniform standard, the eligibility applies to all applicants alike — reserved-category candidates may also apply, but must meet the same educational qualification as the UR standard.

• Educational qualification: An MBBS degree from a university recognised by the Medical Council of India, in the Allopathic system of medicine, is the minimum requirement. A postgraduate degree in General Medicine from a recognised university is also acceptable.
• Experience: A minimum of two (2) years’ post-qualification experience practising Allopathic medicine in a hospital or clinic, as a Registered Medical Practitioner. Only experience gained after the MBBS counts.
• Category: The post is advertised for the UR category. Candidates from SC, ST, OBC (Non-Creamy Layer), or EWS may also apply, provided they meet the same educational qualification as UR candidates — there is no relaxation on this point. Reserved-category candidates must submit a Caste Certificate in the prescribed form, issued by a competent authority.
• OBC candidates in the creamy layer are not entitled to OBC reservation and must mark their category as “General” (UR).
• Location requirement: The applicant’s dispensary or residence must be within a 5 km radius of the Bank’s Panaji address (Reserve Bank of India, 7th Floor, Gera Imperium-II, Patto, Panaji – 403 001).

The notification does not state a minimum or maximum age limit for this post.

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Selection process

The selection process for RBI Bank’s Medical Consultant Vacancy will be done through an interview, with no written examination stage.

1. The Bank conducts an interview to select one BMC. It may raise the minimum eligibility standard to limit the number of candidates called, and its decision on this is final — candidates not called for interview will not receive any correspondence.
2. Shortlisted applicants go through document verification and the interview.
3. Selected applicants are then required to clear a medical fitness test, as per prescribed norms. The cost of this medical test is borne by the applicant.
4. Appointment is subject to the candidate being found medically fit, and to accepting the Terms and Conditions (Annex-I) and Code of Conduct (Annex-II).
5. Before engagement, the selected candidate must sign a contract agreement with the Bank.

How to apply for RBI Bank’s Medical Consultant Vacancy

This is an offline application — there is no online application portal for this vacancy.

1. Download and fill the application form at Annex-III of the notification, in block letters.
2. Affix a recent passport-size photograph with the applicant’s signature, as marked on the form.
3. Attach self-attested copies of all required certificates (see the checklist below).
4. Place the completed form and documents in a sealed envelope, superscribed: “Application for the post of Bank’s Medical Consultant on contract basis (with fixed hourly remuneration).”
5. Send the sealed envelope by registered post, courier, or by hand to: Regional Director, Reserve Bank of India, 7th Floor, Gera Imperium-II, Patto, Panaji – 403 001, India, so that it reaches on or before 5:00 PM on 16 September 2026.
6. Separately intimate the Bank of the submission by email to hrmdpanaji@rbi.org.in and cespanaji@rbi.org.in.

Applications that are not in the prescribed format, or that do not include the required documents, will be summarily rejected.

Documents to keep ready:

• Filled Annex-III application form with photograph affixed
• Self-attested proof of age (School Leaving Certificate)
• Self-attested educational qualification certificates (MBBS, and PG, if applicable)
• Self-attested MCI / National Medical Commission Registration Certificate
• Self-attested experience certificate(s), showing duty hours and nature of duty
• Self-attested Caste Certificate, if applying under a reserved category
• Details of current working hours, if presently engaged as a Medical Officer at any institution
• A No Objection Certificate (NOC) at the time of interview, if currently engaged elsewhere for medical duties

Important links

• Official notification and application form (PDF) — the complete advertisement, eligibility, terms, and Annex-III application form
• RBI Vacancies and Corrigendum page — the notification states any corrigendum will be published only here
• Latest government jobs on India Job Alerts
• All India latest jobs
• Jobs for graduate candidates

Should you apply?

This assessment is added context, not part of the official notification. Confirm with the hiring office.

This post suits an MBBS doctor, ideally with some experience in general medicine, who already lives or practises within 5 km of the RBI Panaji office and wants a defined, part-time contract engagement alongside an existing practice or clinic. The fixed two-hour daily duty slot, six days a week, is compact enough to run alongside other work, and the hourly rate is paid consistently through the contract term.

It does not suit a doctor looking for permanent government service. There is no pension, Provident Fund, or gratuity, the contract runs for a fixed three years with no renewal, and the Bank can alter duty hours or the remuneration rate at its discretion. The 5 km residence condition also rules out doctors based elsewhere in Goa, however qualified. Realistically, since only one post is open and the location requirement narrows the pool sharply, competition will come mainly from doctors already established close to the Panaji office rather than a wide, open field of applicants.

The one clear trade-off: this is steady, well-defined part-time income from a reputed institution, but it is contract work, not a career government post, and it ends after three years with no claim to further engagement.

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FAQs – RBI Bank’s Medical Consultant Vacancy

ABOUT THE AUTHOR

I am Sandeep Khati, the founder of India Job Alerts. I hold a B.Tech in Computer Science from JGEC (2010). My career began as a Systems Engineer at TCS, and I have been active in the digital publishing space since 2011, starting with the launch of SearchDarjeeling.com and my work as a web developer and designer at Darjeeling Informatics.

Launched in April 2025, India Job Alerts is my most focused project to date. I am dedicated to publishing verified government and PSU job notifications for candidates in West Bengal, Sikkim, and across India. To guarantee accuracy, I personally cross-check every post against official notifications before publishing. Know more

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