The Indian Institute of Banking and Finance has announced the official dates for JAIIB 2023 May and October cycle. It has also updated the application fees. Read on for more information on JAIIB 2023 Exam Dates, JAIIB 2023 Registration Dates and JAIIB 2023 Application Fees.
JAIIB Notification 2023
JAIIB Notification has been released on the official website of IIBF and the online registrations will start from 1st March 2023 to 21st March 2023. The application process will be in 3 phases of one week each. There will be late fees for the second and third weeks as shown below. Hence, candidates are advised to register at the earliest. Read further for the cycle-specific dates and fees.
Dates | Fees |
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First Week of Registration | Normal fees |
Second Week of Registration | Normal fees plus INR 100 |
Third Week of Registration | Normal fees plus INR 200 |
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JAIIB 2023 Notification - Overview
Particulars | Details |
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Institution | Indian Institute of Banking & Finance (IIBF) |
Exam Name | JAIIB 2023 |
Eligibility | Members Only |
Mode of Application | Online |
Online Registration | 1st March 2023 to 21st March 2023 1st August 2023 to 21st August 2023 |
Exam Conducted | Twice in a year |
Subjects | Indian Economy and Indian Financial System, Principles & Practices of Banking, Accounting & Finance for Bankers, Retail Banking and Wealth Management |
Qualifying Marks | 50 out of 100 |
Official website | http://www.iibf.org.in/ |
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JAIIB 2023- Important Dates
JAIIB 2023 - Important Dates for JAIIB May 2023 Cycle
Event | Date |
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JAIIB 2023 Online Registration Begins | 1st March 2023 |
JAIIB 2023 Online Registration Closes (with Late Fee) | 21st March 2023 |
JAIIB Admit Card 2023 Release Date | TBA |
Indian Economy and Indian Financial System | 7th May 2023 |
Principles & Practices of Banking | 13th May 2023 |
Accounting & Financial Management for Bankers | 14th May 2023 |
Retail Banking and Wealth Management | 21st May 2023 |
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JAIIB 2023 - Important Dates for JAIIB October 2023 Cycle
Event | Date |
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JAIIB 2023 Online Registration Begins | 1st August 2023 |
JAIIB 2023 Online Registration Closes (with Late Fee) | 21st August 2023 |
JAIIB Admit Card 2023 Release Date | TBA |
Indian Economy and Indian Financial System | 8th October 2023 |
Principles & Practices of Banking | 14th October 2023 |
Accounting & Financial Management for Bankers | 15th October 2023 |
Retail Banking and Wealth Management | 29th October 2023 |
JAIIB Exam 2023 Eligibility Criteria
(i) The examination is open only to the ordinary members of the Institute (Any person working in the banking and finance industry whose employer is an Institutional Member of the institute can apply for membership, for details visit IIBF website).
(ii) Candidates must have passed the 12th standard examination in any discipline or its equivalent. The Institute may, however at its discretion, allow any candidate from clerical or supervisory staff cadre of banks to appear at the examination on the recommendation of the Manager of the bank/ officer-in-charge of the bank's office where the candidate is working, even if he/ she is not 12th standard pass or it's equivalent.
(iii) Subordinate staff of recognized Banking/ Financial Institutions in India, who are members of the Institute, are eligible to appear at the examination, provided they have passed the 12th standard examination or its equivalent.
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How to Apply for JAIIB Exam 2023?
Candidates should follow these steps to apply for JAIIB exam:
- Visit the IIBF's official website at www.iibf.org.in
- On the homepage, click on the "Examination/ Courses" option.
- Under "Examinations/Courses", select the "Flagship Course" option.
- A new page will be displayed; select the "JAIIB exam 2023".
- Click on the "Apply Online" tab.
- Select "Exams (Members)" from the drop-down box after clicking on the "Apply Now" tab.
- Log in with your membership credentials by clicking on "JAIIB."
- To proceed to the payment area, fill out the online application form and click the "Accept and Submit" option.
- Choose the most convenient way of online payment for you and pay for the exam (including the penalty fee, if applicable).
- The website will provide transaction information and confirmation through SMS to the registered mobile number on successful registration.
- Take a printout of the JAIIB 2023 application form for future reference.
- If the process is unsuccessful or incomplete, an appropriate message will appear on the screen. In that case, the applicant must repeat the online process.
JAIIB 2023 Application Fee
Candidates should clear the exam within the time limit of three years. If you do not pass the exam within the allotted time, you must re-enrol as a fresh student, and the institute will give no credit. For the first try, a two-year time limit will begin on the date of application. Attempts will be counted regardless of whether or not an applicant presents for any examination.
The JAIIB registration fee is based on the number of attempts made by the candidates and the time of registration. The following is the baseline registration price for the JAIIB Exam based on the number of attempts:
Number of attempts | Basic Fees |
---|
JAIIB First Attempt Fee | INR 4000 |
JAIIB Second Attempt Fee | INR 1300 |
JAIIB Third Attempt Fee | INR 1300 |
JAIIB Fourth Attempt Fee | INR 1300 |
JAIIB Fifth Attempt Fee | INR 1300 |
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The JAIIB application process is divided into three phases. To avoid paying the penalty cost in later registration phases, candidates should register in the first phase of the registration window.
The following is the registration fee for the JAIIB exam based on the period/phase of registration:
JAIIB 2023 May and October Exam Registration Fee
JAIIB May 2023 Cycle Application Fees
Dates | Fees |
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1st March 2023 to 7th March 2023 | Rs 4000/- |
8th March 2023 to 14th March 2023 | Rs. 4000 + Rs. 100 |
15th March 2023 to 21st March 2023 | Rs. 4000 + Rs. 200 |
JAIIB October 2023 Cycle Application Fees
Dates | Fees |
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1st August 2023 to 7th August 2023 | Rs 4000/- |
8th August 2023 to 14th August 2023 | Rs. 4000 + Rs. 100 |
15th August 2023 to 21st August 2023 | Rs. 4000 + Rs. 200 |
JAIIB 2023 Exam Pattern
The New JAIIB Exam Pattern is as follows:
The exam is divided into four papers i.e. Indian Economy and Indian Financial System, Principles and Practices of Banking, Accounting and Finance for Bankers, and Retail Banking & Wealth Management.
- Each paper is further divided into Modules, which is discussed below in the syllabus section.
- The JAIIB is an online exam comprising 100 objective questions (in each paper) of 100 marks.
- Candidates have to complete the computer-based test of each paper in 2 hours i.e. 120 minutes.
- IIBF reserves the right to vary the number of questions as required.
Subjects | No. of Questions | Total Marks | Duration |
---|
Indian Economy & Indian Financial System | 100 | 100 | 2 hours |
Principles & Practices of Banking | 100 | 100 | 2 hours |
Accounting and Finance for Bankers | 100 | 100 | 2 hours |
Retail Banking & Wealth Management | 100 | 100 | 2 hours |
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JAIIB 2023 Syllabus
The syllabus of JAIIB is as prescribed by IIBF. They have released an updated syllabus for JAIIB 2023. Each of the papers is further divided into 4 modules, the details of which are presented below in a tabular format.
Module | Paper I- Indian Economy & Indian Financial System | Paper II- Principles & Practices of Banking | Paper III- Accounting & Financial Management for Bankers | Paper IV- Retail Banking & Wealth Management |
A | Indian Economic Architecture | General Banking Operations | Accounting Principles and Processes | Introduction to Retail Banking |
B | Economic Concepts Related to banking | Lending Operations of Banks | Financial Statements and Core Banking Systems | Retails Products and Recovery |
C | Indian Financial Architecture | Banking Technology | Financial Management | Support Services – Marketing of Banking Services / Products |
D | Financial Products and Services | Ethics in Banks and Financial Institutions | Taxation and Fundamentals of Costing | Wealth Management |
JAIIB 2023 Syllabus for Paper I - Indian Economy and Indian Financial System
The JAIIB paper I is Indian Economy and Indian Financial System. IIBF has not released a detailed syllabus as of yet. However, here, we will provide a rough idea of the syllabus you can expect for this paper.
Module | Syllabus |
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Module A- Indian Economic Architecture | - The fundamentals of Economics:
- Macroeconomics
- Indian Economy
|
Modules B- Economic Concepts Related to Banking | - Money and Banking
- Functions of Money
- Demand for Money and Supply of Money
- Demand for Money
- Supply of Money
- Money Creation by Banking System
- Balance Sheet of a Fictional Bank
- Limits to Credit Creation and Money Multiplier
- Policy Tools to Control Money Supply
|
Module C- Indian Financial Architecture | - Financial System
- Financial Markets
|
Module D- Financial Products and Services | - Types of Financial Services:
- Banking
- Professional Advisory
- Wealth Management
- Mutual Funds
- Insurance
- Stock Market
- Treasury/Debt Instruments
- Tax/Audit Consulting
- Capital Restructuring
- Portfolio Management
|
JAIIB 2023 Syllabus for Paper II - Principles and Practices of Banking
The syllabus of JAIIB paper II for all modules is discussed here. Paper 2 is Principles and Practices of Banking. This table shows the syllabus for the previous Paper I, ie., Principles and Practiced of Banking, which is now Paper II. The paper is divided into 4 modules.
Module | Syllabus |
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Module A- General Banking Operations | To be Updated |
Modules B- Lending Operations of Banking | - Banker Customer Relationship,
- KYC / AML / CFT norms,
- Bankers' Special Relationship,
- Consumer Protection - COPRA,
- Banking Ombudsman Scheme,
- Payment and Collection of Cheques and Other Negotiable Instruments,
- Opening accounts of various types of customers,
- Ancillary Services,
- Cash Operations,
- Principles of lending,
- Working Capital Assessment and Credit Monitoring,
- Priority Sector Advances,
- Agricultural Finance,
- Micro, Small and Medium Enterprises,
- Government Sponsored Schemes,
- Self Help Groups,
- Credit Cards,
- Home Loans,
- Personal Loans,
- Consumer Loans,
- Documentation,
- Different Modes of Charging Securities,
- Types of collaterals and their characteristics,
- Non-Performing Assets,
- Financial Inclusion,
- Financial Literacy
|
Module C- Banking Technology | - Essentials of Bank Computerization,
- Payment Systems and Electronic Banking,
- Data Communication Network and EFT systems,
- Role of Technology Upgradation and its impact on Banks,
- Security Considerations,
- Overview of IT Act,
- Preventive Vigilance in Electronic Banking
|
Module D- Ethics in Bank and Financial Institutions | - Ethics, Business Ethics and Banking, An integrated Perspective
- Ethical Dimensions, Employees
- Ethics at the Individual Level
- Banking Ethics, Changing Dynamics
- Work Ethics and the Workplace
|
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JAIIB 2023 Syllabus for Paper III - Accounting and Financial Management for Bankers
The syllabus for the Paper III i.e., Accounting and Finance for Bankers is given below.
Module | Syllabus |
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Module A- Accounting Principles and Processes | - Definition, Scope, and Accounting Standards
- Basic Accounting Procedures
- Bank Reconciliation Statement
- Advantages of Bank Reconciliation Statement
- Bills of Exchange
- Depreciation and its Accounting
|
Modules B- Financial Statements and Core Banking Systems | - Preparation of Final Accounts
- Company Accounts
- Overview of the Indian Banking System
- Banking Operations
|
Module C- Financial Management | - Overview of Financial Management
- Tools for Financial Analysis and Planning
- Cost of Capital
- Capital Budgeting
|
Module D- Taxation and FUndamentals of Costing | - Basics of Taxation
- Direct and Indirect Taxes
- Income Tax
- Fundamentals of CostingNon-Performing
|
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JAIIB 2023 Syllabus for Paper IV - Retail Banking and Wealth Management
Oliveboard has compiled a tentative syllabus for Retail Banking and Wealth Management which is the new Paper IV for JAIIB 2023.
Module A: Introduction to Retail Banking | - History and definition
- Role within the bank operations
- Applicability of retailing concepts
- Distinction between Retail and Corporate/ Wholesale Banking.
|
Module B: Retail Products and Recovery | - Retail Products Overview
- Important Asset Products
- Auto/ Vehicle Loans
- Personal Loans
- Credit and Debit Cards
- Reverse Mortgage
- Recovery of Retail Loans
|
Module C: Support Services- Marketing of Banking Services and Products | - Marketing in Retail Banking
- Retail Strategies
- Delivery Channels
- Customer Relationship Management
|
Module D: Wealth Management | - Fund Distribution
- Loan Management
- Real Estate
- Risk Management
- Tax Laws
- Banking and Insurance Products
- Debt Management
- Investment Vehicles
- Tax Planning
- Real Estate
- Client Evaluation Methods
- Fixed Income Money Markets
- Equity and Debt Markets
- Banking Products
- Mutual Fund Basic and Structure
- Foreign Exchange
- Legal and Regulatory Framework
- Banking Channels
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