The interaction of magnetic field in the frequency range of 9~150 kHz radiating from a railway system with wireless systems has been the cause of radio frequency interference. In this paper, the equivalent circuit model of the RFI noise is proposed through source and transfer path analysis, and it is confirmed that the switching noise of several kHz that occurs a vehicle traction drive system and a substation is radiated by forming the loop circuit with a feeder line by a rolling stock. And the validity of the proposed equivalent circuit model is verified by analyzing the effects of RC banks installed in the real railway between Guri and Guksu stations, the RFI noise can be effectively mitigated by loading suitable capacitance between rail and feeding line.