JAIIB 2023

While the Indian banking landscape has exponentially grown over the years, the demand for professionals who can handle a wide range of responsibilities has also increased. Annually, many competitive examinations are conducted to get efficient bankers on board. JAIIB is one such examination which is conducted by the Indian Institute of Banking & Finance (IIBF) twice a year. It is one of the popular bank exams clearing upon which, the selected candidates are trained in banking technology, customer service, regulatory frameworks, as well as accountancy.

Key Highlights

Exam Name	Junior Associate of the Indian Institute of the Bankers
Conducted By	Indian Institute of Banking and Finance (IIBF)
Conducted For	The members of IIBF
Main Subjects	Banking Principles and Practices, Accounting and Finance for Bankers, Legal and Regulatory Aspects of Banking
JAIIB Frequency	Twice a year – May/June and November/December
Application Mode	Online
Duration	2 Hours
Mode of Examination	Online-based
Medium of Exam	Hindi/English
Total Marks	100
Qualifying Marks	50 out of 100
Number of Questions	120 (Each paper)
Subjects	1. Indian Economy & Financial System 2. Accounting & Financial Management of Banking 3. Principles & Practices of Banking 4. Retail Banking & Wealth Management

JAIIB Important Dates for Application Process

The table below represents the important dates for the application process for both sessions of JAIIB:

Events	JAIIB 2023 June Dates	JAIIB 2023 November Dates
JAIIB Online Registration begins	1st March 2023	01st August 2023
JAIIB Online Registration last date	21st March 2023	21st August 2023
Last Date to pay the application fee	21st March 2023	21st August 2023
JAIIB Admit Card 2023	April 2023	September 2023
JAIIB Exam Dates	7th, 13th, 14th and 21st May 2023	08th, 14th, 15th, 29th October 2023

JAIIB Subject-Wise Exam Dates

IBF conducts the exam twice every year. Following are the tables that represent the important dates for the JAIIB 2023 exam:

Examination Date	Main Subjects
07th May 2023	Indian Economy & Financial System
13th May 2023	Principles & Practices of Banking
14th May 2023	Accounting & Financial Management of Banking
21st May 2023	Retail Banking & Wealth Management

Examination Date	Main Subjects
08th October 2023	Indian Economy & Financial System
14th October 2023	Principles & Practices of Banking
15th October 2023	Accounting & Financial Management of Banking
29th October 2023	Retail Banking & Wealth Management

Also Read: How to Make a Successful Career in Banking?

JAIIB Exam Eligibility

Before appearing for the test, it is important to keep a tab on eligibility requirements to avoid termination of the application. Here are the key requirements of JAIIB exam eligibility criteria: 

• Only the members of IIBF are eligible to apply for the JAIIB test. 
• Candidates must have cleared the class 12th examination in any discipline. However, on the recommendation of a Bank Manager/Office in-Charge, a candidate whose 12th level is not clear can appear for the test. They may be from the supervisory staff cadre or clerical staff. 
• The members of the institute who work as subordinate staff of any recognized bank or financial institution in the country can apply for the JAIIB test. Provided, they have cleared their 12th examination. 

Also Read: Banking Course After 12th Commerce

JAIIB Registration Fees

JAIIB has different registration fees for a different number of attempts and late fees depending on when you pay.

Attempt wise Examination Fees

First Attempt	4,000 INR
Second Attempt	1,300 INR
Third Attempt	1,300 INR
Fourth Attempt	1,300 INR
Fifth Attempt	1,3000 INR

Late Fees

01.03.2023 to 07.03.2023	Normal Examination fees
08.03.2023 to 14.03.2023	Normal examination fees plus and additional charge of Rs.100.
15.03.2023 to 21.03.2021	Normal examination fees plus an additional charge of Rs. 200.

Also Read: List of Banking Courses

Online Application

The online application process for the JAIIB exam is fairly easy. You can follow the mentioned steps to easily apply for the exam:

1. Visit the official website of the Indian Institute of Banking and Finance
2. Click on the ‘Examination/ Course’ Option on the right side of the website
3. Select Flagship Courses
4. Select JAIIB and you will receive the online application link

JAIIB Centres

There are a total of 649 centres for the JAIIB exam that include domestic and international centres. 

Some of the prominent centres include:

1. New Delhi
2. Vellore
3. Mumbai
4. Ahmednagar
5. Dubai

Check out : The list of all the centres for the JAIIB exam.

Examination Pattern

The candidates’ knowledge of 3 major subjects; Principles & Practices of Banking, Legal & Regulatory Aspects, and Accounting & Finance for Bankers will be evaluated through the JAIIB exam. There will be no negative marking for incorrect answers.

Subject	Total No. of Questions	Maximum Marks	Qualifying Marks	Duration
Principles and Practices of Banking	120	100	50	2 hours
Accounting and Finance for Banker	120	100	50	2 hours
Legal and regulatory aspects of Banking	120	100	50	2 hours

Passing Criteria

• At least 50 marks out of 100 in every subject.  
• Those who secure 50% aggregate and 45 marks in every subject will also be considered qualified candidates.  
• Applicants have to qualify for the exam within 2 years (consecutive 4 attempts). Those who are unable to do so, have to start afresh. 

JAIIB: Main Syllabus 

There are 4 papers in the JAIIB exam, the syllabus of which are bifurcated into various modules. To provide a clarity, we have collated the modules in the tables given below: 

Paper 1: Indian Economy and Indian Financial System

Modules	Subjects
Module A: Indian Economic Architecture	1. An overview of Indian Economy 2. Economic Planning in India 3. Sectors of the Indian Economy 4. Role of Priority Sector and MSME in the Indian Economy 5. Infrastructure including Social Infrastructure 6. Globalization – Impact on India 7. Economic Reforms 8. Foreign Trade Policy, Foreign Investments and Economic Development 9. International Economic Organizations (World Bank, IMF etc.) 10. Climate change, Sustainable Development Goals (SDGs) 11. Issues facing Indian Economy
Module B: Economic Concepts related to Banking	1. Fundamentals of Economics, Microeconomics, Macroeconomics and Types of Economies 2. Supply and Demand 3. Money Supply and Inflation 4. Theories of Interest 5. Business Cycles 6. Monetary Policy and Fiscal Policy 7. National Income and GDP Concepts 8. Union Budget
Module C: Indian Financial Architecture	1. Indian Financial System – An Overview 2. Banking Structure 3. Banking Regulation Act, 1949 and RBI Act, 1934 4. Development Financial Institutions 5. Micro Finance Institutions 6. Non-Banking Financial Companies 7. Insurance Companies 8. Indian Financial System – Regulators & their roles 9. Reforms & Developments in the Banking sector
Module D: Financial Products and Services 16	1. Overview of Financial Markets 2. Money Markets and Capital Markets 3. Fixed Income Markets – Debt / Bond Markets 4. Capital Markets and Stock Exchanges 5. Forex Markets 6. Interconnection of various markets/Market Dynamics 7. Merchant Banking Services 8. Derivatives Market including Credit Default Swaps 9. Factoring, forfaiting & Trade Receivables 10. Discounting System (TReDS) 11. Venture capital 12. Leasing and Hire Purchase 13. Credit Rating agencies & their functions 14. Mutual Funds 15. Insurance Products 16. Pension Funds (include APY, NPS) 17. Guidelines on Para Banking & Financial Services provided by Banks 18. Real Estate Investment Funds / Infrastructure Investment Fund (concept)

Paper-II: Principles and Practices of Banking

Modules	Subjects
Module A: General Banking Operations	1. Banker-Customer Relationship 2. AML-KYC Guidelines 3. Operational Aspects of KYC 4. Opening Accounts of Various Types of Customers 5. Operational Aspects of Deposit Accounts 6. Operational Aspects of Handling Clearing/Collection/Cash 7. Banker’s Special Relationship 8. Foreign Exchange Remittance Facilities for Individuals 9. Operational Aspects of NRI Business 10. Foreign Currency Accounts for Residents and Other Aspects 11. Cash Management Services and Its Importance 12. Payment and Collection of Cheques and Other Negotiable Instruments 13. Responsibility of Paying Bank 14. Responsibility of Collecting Bank Ancillary Services 15. Financial Inclusion & Financial Literacy 16. Customer Service Guidelines 17. Duties & Rights of a Banker and Customer Rights 18. Grievance Redressal & RBI Integrated Ombudsman Scheme 2021 19. The Consumer Protection Act, 2019: Preamble, Extent and Definitions 20. The Right to Information Act, 2005
Module B: Functions of Banks	1. Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities 2. Appraisal and Assessment of Credit Facilities 3. Operational Aspects of Loan Accounts 4. Types of Collaterals and Their Characteristics 5. Different Modes of Charging Securities Documentation 6. Non-Performing Assets/ Stressed Assets 7. Important Laws Relating to Recovery Of Dues 8. Contracts of Indemnity 9. Contracts of Guarantee & Bank Guarantee 10. Letters of Credit 11. Deferred Payment Guarantee 12. Laws Relating to Bill Finance 13. Credit Cards, Home Loans, Personal Loans, Consumer Loans 14. Priority Sector Advances 15. Agricultural Finance 16. Finance to MFIs/Co-Lending Arrangements with NBFCs 17. Micro, Small and Medium Enterprises in India Government Sponsored Schemes 18. Self-Help Groups
Module C: Banking Technology	1. Essentials of Bank Computerization 2. Operational Aspects of CBS Environment 3. Alternate Delivery Channels – Digital Banking 4. Data Communication Network and EFT Systems 5. Digital Payment Systems – NPCI 6. Impact of Technology Adoption and Trends in Banking Technology 7. Security Considerations and Mitigation Measures in Banks 8. Operational Aspects of Cyber Crimes/Fraud Risk Management in Cyber Tech 9. Technology trends in Banking, e-RUPI, Fintech – RegTech, SupTech, Hashtag banking etc.
Module D: Ethics in Banks and Financial Institutions	1. Ethics, Business Ethics & Banking: An Integrated Perspective 2. Ethics at the Individual Level 3. Ethical Dimensions: Employees 4. Work Ethics and the Workplace 5. Banking Ethics: Changing Dynamics

Also Read: Insurance and Banking Colleges in India

Paper III: Accounting and Financial Management for Bankers

Modules	Subjects
Module A : Accounting Principles and Processes	1. Definition, Scope and Accounting Standards including Ind AS 2. Basic Accountancy Procedures 3. Maintenance of Cash/Subsidiary Books and Ledger 4. Bank Reconciliation Statement 5. Trial Balance, Rectification of Errors and Adjusting & Closing Entries 6. Depreciation & its Accounting 7. Capital and Revenue Expenditure 8. Bills of Exchange 9. Operational Aspects of Accounting Entries 10. Back Office Functions/Handling Unreconciled Entries in Banks 11. Bank Audit & Inspection
Module B: Financial Statements and Core Banking Systems	1. Balance Sheet Equation 2. Preparation of Final Accounts 3. Company Accounts – I 4. Company Accounts – II 5. Cash Flow & Funds Flow 6. Final Accounts of Banking Companies 7. Core Banking Systems & Accounting in Computerized Environment
Module C: Financial Management	1. An Overview of Financial Management 2. Ratio Analysis 3. Financial Mathematics – Calculation of Interest & Annuities 4. Financial Mathematics – Calculation of YTM 5. Financial Mathematics – Forex Arithmetic 6. Capital Structure and Cost of Capital 7. Capital Investment Decisions/Term Loans 8. Equipment Leasing/Lease Financing 9. Working Capital Management 10. Derivatives
Module D: Taxation and Fundamentals of Costing	1. Taxation: Income Tax/TDS/Deferred Tax 2. Goods & Services Tax 3. An Overview of Cost & Management Accounting 4. Costing Methods 5. Standard Costing 6. Marginal Costing 7. Budgets and Budgetary Control

Paper IV: Retail Banking and Wealth Management

Modules	Subjects
Module A: Retail Banking	1. Retail Banking: Introduction 2. Retail Banking: Role within the Bank Operations 3. Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale Banking 4. Branch Profitability
Module B: Retail Products and Recovery	1. Customer Requirements 2. Product Development Process 3. Credit Scoring 4. Important Retail Liability Products 5. Important Retail Asset Products 6. Credit and Debit Cards 7. Remittance Products 8. Digitization of Retail Banking Products 9. Role of AI and Technology in Retail Banking 10. Recovery of Retail Loans 11. Management Information Systems 12. Securitization
Module C: Support Services – Marketing of Banking Services/Products	1. Marketing – An Introduction 2. Delivery Channels in Retail Banking 3. Delivery Models 4. Customer Relationship Management in Retail Banking 5. Service Standards for Retail Banking 6. Marketing Information Systems- A Longitudinal Analysis
Module D: Wealth Management	1. Importance of Wealth Management 2. Investment Management 3. Tax Planning 4. Other Financial Services Provided by Banks 5. Additional Reading Material on Home Loans 6. Lender’s Appraisal Procedure 7. Housing Finance and Tax Planning 8. Mortgage Advice 9. Valuation of Real Property

JAIIB Study Material

IIBF recommends study material for the JAIIB Examination. All these books are available in two languages-English and Hindi. Here are the books recommended by IIIBF and their cost:

Name of the Book	Published By	Cost
Principles & Practices of Banking	M/s Macmillan India Limited	INR 660
Banking ke Sidhanth Avam Vyavahar	M/s Taxmann Publications Private Ltd.	INR 870
Accounting & Finance for Bankers	M/s Macmillan India Limited	INR 440
Bankeron ke liye Lekhankan Avam Vittya	M/s Taxmann Publications Private Ltd.	INR 600
Legal and Regulatory Aspects of Banking	M/s Macmillan India Limited	INR 440
Banking ke Vidhik Paksh	M/s Taxmann Publications Private Ltd.	INR 700

Also Read: MBA in Banking and Finance

JAIIB Result

After the examination is done, JAIIB results will be announced on the official IIBF website. Students who receive marks equal to or more than the cut-off will qualify for the examination. Each section of the JAIIB exam is 100 marks and the passing criteria for each exam are 50% result i.e. a minimum of 50 marks. 

Also Read: Scope of Banking Courses

FAQs

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