CAFRAL Recruitment 2026: Career Guide & Vacancy Details

Explore CAFRAL Recruitment 2026 opportunities. Discover eligibility, salary, and career path at Centre for Advanced Financial Research and Learning. Apply now!

Last updated on: Feb 04, 2026 | Data sourced from official notifications
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The Centre for Advanced Financial Research and Learning (CAFRAL) frequently announces openings for various positions to support its mission of advancing financial research and education in India. Aspirants aiming for a career in a distinguished financial research institution should familiarize themselves with the typical eligibility criteria, which often include specific educational qualifications related to finance, economics, or related fields, along with a strong academic record. Candidates should also be prepared for a rigorous selection process designed to identify the most competent individuals for these specialized roles.

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About Centre for Advanced Financial Research and Learning

Centre for Advanced Financial Research and Learning Logo

The Center for Advanced Financial Research and learning (CAFRL), Mumbai was set up by the Reserve Bank of India (RBI). To improve Financial Services Sector and develop the Center into a world-class global institution for research and learning in Banking and Finance.

The main objective of Center for Advanced Financial Research and learning (CAFRL) Mumbai, is to enhance our understanding of how the financial sector contributing to real sector growth through in-house and collaborative research for relevant use. They providing a platform for dialogue between policy makers regulators, financial sectors practitioners and academics on financial issues.

The Center undertakes research, learning programmes useful for Central Banks, Regulators, Boards and Senior Management in the Financial System. They Conducting Research in following discipline such as Risk Management, Policy and Regulation, Leadership & Strategy, Governance, Financial Reporting, Business Strategy, Financial Markets, Bank Management, etc.


Official Address
Centre for Advanced Financial Research and Learning C-8, 8th Floor, Reserve Bank of India, Bandra-Kurla Complex, Bandra (East) . Mumbai – 400051
Mumbai, Maharashtra
Contact Information

About CAFRAL Careers

Details Centre for Advanced Financial Research and Learning (CAFRAL) Careers
Type Research Institute, Statutory Body notified by RBI
Headquarters Gurugram, Haryana
Typical Entry Gateways Direct Recruitment, Limited Internal Promotions
Salary Range ₹60,000 - ₹2,50,000 per month (Indicative, varies by level)

Organization Overview

The Centre for Advanced Financial Research and Learning (CAFRAL) is an independent research institution established by the Reserve Bank of India (RBI). It focuses on conducting cutting-edge research in financial economics, policy, and regulation. CAFRAL aims to contribute to the development of India's financial sector through high-quality research, policy advocacy, and capacity building for financial professionals. Its work is crucial for informing policymakers and industry stakeholders.

Key Job Profiles

CAFRAL offers diverse career opportunities, primarily focusing on research and administrative functions. Common roles include:

  • Research Fellows
  • Research Associates
  • Economists
  • Senior Analysts
  • Project Managers
  • Administrative Officers
  • IT Specialists

Salary & Benefits

Salaries at CAFRAL are competitive and commensurate with the qualifications, experience, and the level of the position. Employees typically receive a comprehensive benefits package, which may include:

  • Basic Pay as per the pay scale (e.g., Level-10 and above)
  • Dearness Allowance (DA)
  • House Rent Allowance (HRA)
  • Medical Facilities
  • Pension and Gratuity (as applicable)
  • Professional Development Opportunities

Selection Process

The selection process at CAFRAL is designed to identify candidates with strong analytical skills, research capabilities, and domain expertise. It typically involves:

  • Shortlisting: Based on applications and educational qualifications.
  • Written Examination/Assessment: Covering domain-specific knowledge, analytical reasoning, and English proficiency. Specific exams might be mentioned in individual notifications.
  • Interview: To assess communication skills, problem-solving abilities, and suitability for the role.
  • Document Verification: For final confirmation.

How to Crack CAFRAL Exams

To excel in CAFRAL recruitment, a strategic approach is vital:

  1. Understand the Syllabus: Thoroughly review the official notification for specific exam patterns and syllabi for the applied post.
  2. Focus on Core Subjects: Strengthen your knowledge in economics, finance, econometrics, and related fields.
  3. Practice Analytical Skills: Regularly solve quantitative aptitude, reasoning, and data interpretation problems.
  4. Improve English Proficiency: Work on grammar, vocabulary, and comprehension skills.
  5. Mock Tests: Take mock tests to simulate exam conditions and identify weak areas.
  6. Stay Updated: Keep abreast of current economic and financial developments in India and globally.


All details are sourced from official notifications. MySarkariNaukri.com provides informational guidance only and is not affiliated with any government agency.

Verification Source: https://cafral.org.in/