The Indian Institute of Banking & Finance (IIBF) has started the registration process for the Risk in Financial Services Exam 2026, a key certification for banking and finance professionals. Candidates who are interested in strengthening their understanding of risk frameworks, governance, and compliance within financial institutions will find this certification highly beneficial for advancing their careers.
In this blog, we have provided complete details about the IIBF Risk in Financial Services Registration 2026, including important dates, eligibility, the registration process, and exam-related information.
What are the important dates for the IIBF Risk in Financial Services certification exam?
The important dates for the IIBF Risk in Financial Services exam are simple to remember. The registration for the exam is going to start from 12th January 2026 and closes on 18th January 2026. The exam is scheduled to be held on 24th January 2026, which falls on the fourth Saturday of the month. Candidates should ensure they complete their registration within the given window to appear for the exam.
| Exam Date | Day | Registration Start Date | Registration End Date |
|---|
| 24th January 2026 | 4th Saturday | 12th January 2026 | 18th January 2026 |
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IIBF Risk in Financial Services Apply Online Link
The IIBF Risk in Financial Services Exam is scheduled to be held on 24th January, and the registration process is going to start from 12th January 2026. However, the registration links for members and non-members are different. The direct links to apply online for the IIBF Risk in Financial Services exam are as follows:
| Application Form | Link |
| IIBF IT Secuity Online Application Link (IIBF Members) | Apply Now |
| IIBF IT Secuity Online Application Link (IIBF Non-Members) | Apply Now |
IIBF Risk in Financial Services Certification Exam registration process
The application process differs for members and non-members. The detailed registration process for both IIBF members and non members are as follows:
For IIBF Members
The detailed IIBF Risk in Financial Services Registration Process for IIBF members is as follows:
- Visit Member Registration Page: Go to official IIBF website.
- Fill Membership Application Form: Enter personal, contact, professional, and banking details accurately.
- Upload Documents: Upload photo, signature, ID proof, and declaration form in JPG format as per prescribed size and dimensions.
- Pay Membership Fee: Pay the registration fees via net banking, debit/credit card.
- Receive Credentials: Get membership number (login ID) and password via SMS/email within 2–3 working days.
- Apply for Exam: Log in using membership credentials and apply for the IIBF Risk in Financial Services Certification exam via the member portal.
For IIBF Non-Members
The detailed IIBF Risk in Financial Services Registration Process for IIBF non-members is as follows:
- Visit Non-Member Registration Page: Go to the official IIBF website.
- Fill Registration Form: Enter personal details including DOB, qualifications, address, email, and mobile number.
- Upload Documents: Upload passport-size photo, signature, and valid ID proof (Aadhaar/Passport/PAN/Driving License/Employer ID) in specified format and size.
- Pay Registration Fee: Pay the registration fees via net banking, debit/credit card.
- Receive Credentials: Login ID and password will be sent via email/SMS after successful payment.
- Apply for Exam: Log in using non-member credentials and apply for the IIBF Risk in Financial Services Certification exam under the non-member section.
IIBF Risk in Financial Services Certification Exam application process
The application for the IIBF Risk in Financial Services Certification is conducted in two stages.
- Level I is managed by IIBF
- Level II is handled by CISI after the candidate qualifies for or is exempted from Level I.
Level I – Application Process (Managed by IIBF)
The details of the Application Process for the Level 1 Examination are as follows:
- Access to Registration Portal – Visit the official IIBF website at iibf.org.in
- Exam Schedule and Notification – Check the examination schedule and registration dates published on the IIBF website.
- Exam Slot Selection – During registration, select your preferred exam date and time.
- Study Material Option – Optionally choose to purchase e-learning or e-book materials by paying additional fees.
- Access to Study Material – IIBF will provide login credentials (ID and password) to access your selected study content.
- Admit Letter Generation – After successful registration, an Admit Letter will be generated. You can download it from your IIBF account.
Level II – Application Process (Managed by CISI)
The details of the Application Process for the Level 2 Examination are as follows:
- Eligibility Confirmation – IIBF compiles a list of candidates who have passed Level I or received exemptions.
- Sharing of Candidate Details – IIBF sends this list of eligible candidates to CISI on a periodic basis.
- Communication from CISI – CISI will directly contact eligible candidates with registration guidance.
- Candidate-Initiated Contact – Candidates may also reach out to CISI proactively for registration support.
Check: IIBF Risk in Financial Services Exam Date
What is the IIBF Risk in Financial Services fee structure?
The IIBF Risk in Financial Services Certification involves a structured fee system based on the mode of training and examination level. Level I of the IIBF Risk in Financial Services exam charges separate fees for the online exam and mandatory training, which can be taken virtually or in a classroom, with re-attempt fees applicable if needed. Level II, conducted by CISI, has an international fee structure, and candidates register through IIBF before completing the process with CISI, including limited rescheduling options.
Level I Examination & Training Fees (IIBF)
For Level I of the Risk in Financial Services exam, the Indian Institute of Banking & Finance (IIBF) charges separate fees for the online examination and the mandatory training. The training can be undertaken in virtual mode or through physical classroom sessions, depending on availability. Here's the detailed fee structure:
| Mode of Training | Examination Fee | Training Fee | Total Fee (Examination + Training) |
|---|
| Virtual training mode | ₹6,000 + GST | Nil | ₹6,000 + GST |
| Physical classroom training (Mumbai, Delhi, Chennai, Kolkata) | ₹6,000 + GST | ₹5,000 + GST | ₹11,000 + GST |
| Physical classroom training (Other Centres) | ₹6,000 + GST | ₹9,000 + GST | ₹15,000 + GST |
Level I Reattempt & Additional Fee Structure
Candidates who are unsuccessful in their first or subsequent attempts must re-register for the examination by paying a nominal or full fee. There are also specific charges applicable for repeating virtual training.
| Attempt/Training Status | Fee |
|---|
| 2nd Attempt (if failed 1st attempt) | ₹200 (nominal fee) |
| 3rd Attempt (if failed 2nd attempt) | ₹6,000 + GST |
| Re-attempt for Virtual Training (if failed) | ₹1,000 + GST |
Important Notes for Level I
Before registering for the IIBF exam, candidates must keep in mind the following important instructions and guidelines to ensure a smooth application and exam process:
- Candidates must register separately for each exam attempt.
- Exam date and time selection is on a first-come, first-serve basis.
- No changes in exam date or time slot are permitted post-registration.
- Training fees are payable only after passing the online examination.
Level II Examination Fees (CISI)
Level II of the certification is conducted by the Chartered Institute for Securities & Investment (CISI), London, and includes an international fee structure. Below are the applicable charges for each attempt:
| Attempt | Fee | Includes |
|---|
| 1st Attempt | £130 | Registration fee, workbook, e-learning |
| 2nd Attempt | £80 | Applicable if syllabus is unchanged |
| Subsequent Attempts | As per CISI rules | – |
Level II Registration Process & Notes
Registration for the Level II exam is managed by CISI. Eligible candidates must first register with IIBF and then complete the remaining process as guided by CISI. The following key points outline the process:
| Detail | Information |
|---|
| One-time Registration Fee (to IIBF) | ₹1,000 + applicable taxes |
| Registration Flow | Candidate registers with IIBF → IIBF shares details with CISI → CISI contacts the candidate |
| Rescheduling Policy | 1 free reschedule if informed 14 days before the exam; further changes charged per CISI rules |
IIBF Risk in Financial Services Level 1 Exam Pattern
The IIBF Risk in Financial Services Level I examination is structured to assess a candidate's foundational understanding of risk management principles within the Indian financial sector.
| Component | Details |
|---|
| Subject | Risk Management (Indian Perspective) |
| Mode of Examination | Online only |
| Medium of Examination | English |
| Type of Questions | Objective type multiple-choice questions, including case studies/case-lets |
| Number of Questions | Approximately 100 questions (subject to change by the Institute) |
| Total Marks | 100 |
| Passing Criteria | Minimum 50 marks out of 100 |
| Negative Marking | No negative marking for incorrect answers |
| Exam Duration | 2 hours |
IIBF Risk in Financial Services Level 2 Exam Pattern
The Level II examination of the IIBF Risk in Financial Services Certification is conducted in partnership with the Chartered Institute for Securities & Investment (CISI), London. This level focuses on assessing the candidate's understanding of global risk management practices and principles. The exam is held in a proctored online format at designated test centres across India.
| Component | Details |
|---|
| Subject | Paper 2 – Risk in Financial Services |
| Type of Questions | 100 multiple-choice objective type questions |
| Total Marks | 100 |
| Passing Criteria | Minimum 70% (i.e., 70 out of 100 marks) |
| Exam Duration | 2 hours |
| Mode of Examination | Online mode only |
| Exam Centres | Prometric test centres in 8 cities: Mumbai, Chennai, Bengaluru, Kolkata, Hyderabad, Gurugram, Ahmedabad, and Thiruvananthapuram |
| Exam Frequency | Conducted throughout the year (except Saturdays and Sundays) |
Also Check: IIBF Risk in Financial Services Syllabus
