JAIIB Notifications - Oct 2024
Get all the important updates about the JAIIB 2023 Notification for the October exam. Here you'll find dates, how to apply, the pattern of the exam, and more for the JAIIB Exam Oct 2024.
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JAIIB Notification
The Indian Institute of Banking and Finance (IIBF) has released a recent JAIIB notification to commence the registration phase for the JAIIB 2024 October session from 1-21 August, 2024. Aspirants in the banking sector can fill out their applications online via the IIBF's official web portal.
JAIIB Notification 2024
IIBF conducts the JAIIB exam, a prestigious assessment meant for banking professionals, twice a year. The examination equips successful candidates with the necessary skills and recognition for advancement in their banking careers. The registration window for the May session starts from March and for November session it starts from August. This write-up aims to offer an in-depth look into all facets of JAIIB 2024.
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JAIIB Notification October 2024: Overview
| Institution | Indian Institute of Banking & Finance (IIBF) |
| Exam Name | JAIIB/DBF/SOB October 2024 |
| Course Type | Flagship |
| Eligibility | Members Only |
| Mode of Application | Online |
| Online Registration Re-opened | 1st & 21st August 2024 |
| Exam Dates | 20th, 26th, 27th Oct and 9th Nov 2024 |
| Subjects |
|
| Qualifying Marks | 50 out of 100 |
| Official website | http://www.iibf.org.in/ |
JAIIB Notification 2024: Registration Fees
The Indian Institute of Banking and Finance (IIBF) has yet to declared the start of web-based applications for the JAIIB 2024 May Session but it most likely to be started from August 1, 2024, regular members are welcome to commence the application process on the official IIBF website at http://www.iibf.org.in/. Banking professionals who meet the eligibility criteria and are interested in partaking in the examination should access the direct link for registration and complete it before the due date.
| Dates | Fees |
| 01.08.2024 to 07.08.2024 | Normal Fee |
| 08.08.2024 to 14.08.2024 | Normal Fee + Rs. 100 (Late Fine) |
| 15.08.2024 to 21.08.2024 | Normal Fee + Rs. 200 (Late Fine) |
JAIIB Notification October 2024: Important JAIIB Exam Dates
JAIIB Notification for JAIIB Exam 2024: October Cycle outlines the upcoming examination schedule released by the Indian Institute of Banking and Finance (IIBF). It details the online registration process, beginning on 1st August 2024, for the May cycle of the Junior Associate of Indian Institute of Bankers (JAIIB) examination. Essential dates, registration links, and guidelines are included to assist aspiring candidates in the application process
| JAIIB Exam Notification for May 2024 | ||
|---|---|---|
| Date | Time | Papers |
| 20.10.2024 | 8:30, 10:30, 13:30 | Indian Economy & Financial System |
| 26.10.2024 | 8:30, 10:30, 13:30 | Principles & Practices of Banking |
| 27.10.2024 | 8:30, 10:30, 13:30 | Accounting & Financial Management of Banking |
| 09.11.2024 | 8:30, 10:30, 13:30 | Retail Banking & Wealth Management |
JAIIB Notification 2024 - Eligibility Criteria
- Membership: The candidate should be a regular member of the Institute.
- Educational Qualification: The candidate must have completed the 12th standard examination in any discipline or hold an equivalent certification.
- Professional Eligibility: Subordinate staff of recognized Banking or Financial Institutions in India who are members of the Institute are eligible.
- Academic Requirement for Professionals: The aforementioned professionals must have passed the 12th standard examination or its equivalent.
JAIIB Notification 2024: How to Register for the JAIIB Exam 2024?
Candidates seeking to register for the JAIIB 2024 exam need to navigate to the IIBF website and sign in using their unique membership number and password. Relevant information such as preferred mode, medium, examination center, and associated bank/institute need to be provided. The registration form needs to be completed, followed by the payment of registration fees through an online payment method (debit/credit card or net banking).
Below is the step-by-step guide for registration:
- Navigate to the website iibf.org.in to access the application form.
- Click on the 'Examination/Courses' option, located on the left side of the homepage.
- Choose 'Flagship Courses'.
- Select 'JAIIB', which will redirect you to the JAIIB online application page.
- Provide all necessary basic information.
- A unique registration number will be generated.
- This registration number and password will be sent to you via message and email.
- Complete all mandatory fields on the application form.
- Upload all required documents.
- Pay the application fee before submitting the final application.
- After completion, print the JAIIB application form for future reference.
Details Required for JAIIB Notification Application Form 2024
While filling out the JAIIB 2024 application form, candidates will need to provide the following basic details:
- Candidate's Name
- Mother's/Father's Name
- Nationality
- Minority Status
- Caste
- Marital Status
- Employment Details
- Community
- Aadhar Number
- Residential Address
- Chosen Examination Centre
- Educational Qualification Details
- Other Communication Details
- Additional Important Details
JAIIB Notification 2024 - Examination Mode
JAIIB examinations are organized biannually, with the sessions taking place in May and October. Candidates are obligated to appear for four separate tests, all of which are scheduled on weekends. These exams are conducted in an online environment.
JAIIB Notification 2024 - Exam Pattern
The JAIIB exam 2024 utilizes a multiple-choice question format. Each paper comprises 100 questions, with each question carrying a maximum of one mark, and there is no penalty for incorrect answers.
To successfully pass the exam, candidates must achieve a minimum of 50% marks in all three subjects or secure at least 45 marks in each subject with an overall aggregate of 50% across all four papers in a single attempt.
| Attempt | No. of Ques | Total Marks | Duration |
|---|---|---|---|
| Indian Economy and Indian Financial System (IE & IFS) | 100 | 100 | 2 hours |
| Principles and Practices of Banking (PPB) | 100 | 100 | 2 hours |
| Accounting and Financial Management for Bankers (AFM) | 100 | 100 | 2 hours |
| Retail Banking and Wealth Management (RBWM) | 100 | 100 | 2 hours |
JAIIB Exam Completion Time Limit
Candidates are granted a maximum of five consecutive attempts to pass the JAIIB exam. Consequently, the examination should be cleared within three years of initial registration. In the event of failure to pass the examination within the allotted attempts, candidates must re-register for the examination, and previous passing scores are no longer recognized.
JAIIB Notification 2024: Syllabus
| Paper | Paper Name | Module | Module Name |
|---|---|---|---|
| Paper - I | Indian Economy and Indian Financial System (IE & IFS) | Module A | An Overview of the Indian Economy |
| Sectors of the Indian Economy | |||
| Economic Planning in India & NITI Aayog | |||
| Role of Priority Sector and MSME in the Indian Economy | |||
| Infrastructure including Social Infrastructure | |||
| Globalisation - Impact on India | |||
| Economic Reforms | |||
| Foreign Trade Policy, Foreign Investments and Economic Development | |||
| International Economic Organizations (World Bank, IMF.etc.) | |||
| Climate change. Sustainable Development Goals (SDGs) | |||
| Issues Facing the Indian Economy | |||
| Module B | Fundamentals of Economics. Microeconomics and Macroeconomics | ||
| Supply and Demand | |||
| Money Supply and Inflation | |||
| Theories of Interest | |||
| Business Cycles | |||
| Monetary Policy and Fiscal Policy | |||
| System of National Accounts and GDP Concepts | |||
| Union Budget | |||
| Module C | Indian Financial System -An Overview | ||
| Indian Banking Strucrure | |||
| Banking Laws - RBI Act 1934 & BR Act 1949 | |||
| Development Financial institutions | |||
| Microfinance institutions | |||
| Non-Banking Financial Companies (NBFCs) | |||
| Insurance Companies | |||
| Indian Financial System - Regulators and their Roles | |||
| Reforms and Developments in the Banking Sector | |||
| Module D | Financial Markets | ||
| Money Market | |||
| Capital Markets and Stock Exchanges | |||
| Fixed Income Market - Debt and Bond Markets | |||
| Foreign Exchange Market | |||
| Interconnectedness of Markets and Market Dynamics | |||
| Merchant Banking Services | |||
| Derivatives Market | |||
| Factoring Forfaiting and Trade Receivables Discounting Sys1em (TReDS) | |||
| Venture Capital | |||
| Lease Finance and Hire Purchase | |||
| Credit Rating and Credit Scoring | |||
| Mutual Funds | |||
| Insurance Products | |||
| Pension Products | |||
| Para Banking and Financial Services Provided by Banks | |||
| Real Estate Investment Trusts (REITs) and infrastructure investment Trust | |||
| Paper - II | Principles and Practices of Banking (PPB) | Module A | Banker-Customer Relationship |
| AML- KYC Guidelines | |||
| Operational Aspects of KYC | |||
| Opening Accounts of Various Types of Customers | |||
| Operational Aspects of Deposit Accounts | |||
| Operational Aspects of Handling Clearing/Collection/Cash | |||
| Banker's Special Relationship | |||
| Foreign Exchange Remittance Facilities for Individuals | |||
| Operational Aspects of NRI Business | |||
| Foreign Currency Accounts for Residents and Other Aspects | |||
| Cash Management Services and its Importance | |||
| Payment and Collection of Cheques and Other Negotiable Instruments | |||
| Responsibility of Paying Bank | |||
| Responsibility for Collecting Bank | |||
| Bank Ancillary Services | |||
| Financial Inclusion & Financial Literacy | |||
| Customer Service Guidelines | |||
| Duties & Rights of a Banker and Customer Rights | |||
| Grievance Redressal & RBI Integrated Ombudsman Scheme 2021 | |||
| The Consumer Protection Act, 2019: Preamble, Extent and Definitions | |||
| The Right to Information Act 2005 | |||
| Module B | Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities | ||
| Appraisal and Assessment of Credit Facilities | |||
| Operational Aspects of Loan Accounts | |||
| Types of Collaterals and Their Characteristics | |||
| Different Modes of Charging Securities | |||
| Documentation | |||
| Non-Performing Assets/Stressed Assets | |||
| Important Laws Relating to Recoveries of Dues | |||
| Contracts of Indemnity | |||
| Contract of Guarantee & Bank Guarantee | |||
| Letters of Credit | |||
| Deferred Payment Guarantee | |||
| Laws Relating to Bill Finance | |||
| Personal Finance | |||
| Priority Sector Advances | |||
| Agricultural Finance | |||
| Finance to MFIs/Co-Lending Arrangements with NBFCs | |||
| Micro Small and Medium Enterprises in India | |||
| Government Sponsored Schemes | |||
| Self-Help Groups | |||
| Module C | Essential of Bank Computerization | ||
| Operational Aspects of the CBS Environment | |||
| Alternate Delivery Channels - Digital Banking | |||
| Data Communication Network and EFT System | |||
| Digital Payment Systems - NPCI | |||
| Impact of Technology Adoption and Trends in Banking Technology | |||
| Security Considerations and Mitigation Measures in Banks | |||
| Operational Aspects of Cyber Crimes/Fraud Risk Management in Cyber Tech | |||
| Technology Trends in Banking, e-RUPI, Fintech - RegTech, SupTech, Hashtag Banking etc. | |||
| Module D | Ethics, Business Ethics & Banking: An Integrated Perspective | ||
| Ethics at the Individual Level | |||
| Ethical Dimensional: Employees | |||
| Work Ethics and the Workplace | |||
| Banking Ethics: Challenging Dynamics | |||
| Paper - III | Accounting and Financial Management for Bankers (AFM) | Module A | Definition, Scope & Accounting Standards including Ind AS |
| Basic Accounting Procedures | |||
| Maintenance of Cash/Subsidiary Books and Ledger | |||
| Bank Reconciliation Statement | |||
| Trail Balance, Rectification of Errors and Adjusting & Closing Entries | |||
| Depreciation and its Accounting | |||
| Capital and Revenue Expenditure | |||
| Bills of Exchange | |||
| Operational Aspects of Accounting Entries | |||
| Back Office Functions/Handling Unreconciled Entries in Banks | |||
| Bank Audit & Inspection | |||
| Module B | Balance Sheet Equation | ||
| Preparation of Final Accounts | |||
| Company Accounts - I | |||
| Company Accounts - II | |||
| Cash Flow and Funds Flow | |||
| Final Accounts of Banking Companies | |||
| Core Banking Systems and Accounting in a Computerised Environment | |||
| Module C | Financial Management -An Overview | ||
| Ratio Analysis | |||
| Financial Mathematics-Calculation of Interest and Annuities | |||
| Financial Mathematics-Calculation of YTM | |||
| Financial Mathematics-Forex Arithmetic | |||
| Capital Structure and Cost of Capital | |||
| Capital Investment Decisions/Term Loans | |||
| Equipment Leasing/Lease Financing | |||
| Working Capital Management | |||
| Derivatives | |||
| Module D | Taxation: Income Tax/Deferred Tax | ||
| Goods & Services Tax | |||
| An Overview of Cost & Management Accounting | |||
| Costing Methods | |||
| Standard Costing | |||
| Marginal Costing | |||
| Budgets and Budgetary Control | |||
| Paper - IV | Retail Banking and Wealth Management (RBWM) | Module A | Retail Banking: Introduction |
| Retail Banking: Role within the Bank Operations | |||
| Applicability of Retail Banking Concepts Distinction between Retail and Corporate | |||
| Branch Profitability | |||
| Module B | Customer Requirements | ||
| Product Development Process | |||
| Credit Scoring | |||
| Important Retail Liability Products | |||
| Important Retail Asset Products | |||
| Credit and Retail Banking Products | |||
| Remittance Products | |||
| Digitisation of Retail Banking Products | |||
| Role of AI and Technology in Retail Banking | |||
| Recovery of Retail Loans | |||
| Management Information Systems | |||
| Securitization | |||
| Module C | Marketing: An Introduction | ||
| Delivery Channels in Retail Banking | |||
| Delivery Models | |||
| Customer Relationship Management in Retail Banking | |||
| Service Standards for Retail Banking | |||
| Marketing Information Systems - A Longitudinal Analysis | |||
| Module D | Importance of Wealth Management | ||
| Investment Management | |||
| Tax Planning | |||
| Other Financial Services Provided by Provided by Banks | |||
| Lender's Appraisal Procedure | |||
| Housing Financial and Tax Planning | |||
| Mortgage Advice | |||
| Valuation of Real Property |
JAIIB Notification 2024: Criteria for Passing JAIIB 2024
Under the updated JAIIB syllabus for 2024, the criteria to successfully pass the examination are as follows:
- For each JAIIB paper, the minimum qualifying mark is set at 50 out of 100.
- In a single attempt, candidates who manage to secure at least 45 marks in each subject, with a cumulative score of 50% in all subjects of the examination, will also be considered to have passed the examination.
- It should be noted that there is NO NEGATIVE marking in the JAIIB Exam.
JAIIB Notification 2024: Credit Transfer for Previously Passed Subjects under Revised Syllabus
Candidates who previously cleared Paper 1 (PPB) & Paper 2 (AFM) under the earlier syllabus, within a span of 2 years and not more than 4 attempts, will receive credit for the subjects of Principles & Practices of Banking & Accounting and Financial Management for Bankers. This means they won't need to retake these two papers under the revised syllabus for 2024.
JAIIB Notification 2024: Download JAIIB Admit Card 2024
The Admit Card for the JAIIB 2024 exam is expected to be accessible for download approximately one week prior to the scheduled exam date. Candidates can obtain their admit card online via the official website of the Indian Institute of Banking and Finance (IIBF). Possession of the JAIIB 2024 Hall Ticket is mandatory for gaining entry to the JAIIB Examination.
To avoid any potential difficulties on the day of the exam, candidates are urged to secure their JAIIB Admit Card well ahead of time, preferably before the closing date announced by the IIBF. Having a printed version of the admit card at hand prior to the exam is also advised.
Please note, the JAIIB Admit Cardd is a compulsory document that needs to be brought to the examination centre. Adherence to the guidelines set by the IIBF concerning the downloading and printing of the admit card is crucial. This will enable a smooth entry process for the JAIIB Examination and prevent any unforeseen issues at the last moment.
JAIIB Notification 2024: Download JAIIB Result 2024
The Indian Institute of Banking and Finance (IIBF) will disclose the results for the Junior Associate of the Indian Institute of Bankers (JAIIB) examination via their official web portal. The results will be posted upon completion of the examination process.
To make the process of accessing their results easier for candidates, IIBF will display the results for each individual paper on their official site. This arrangement is aimed at simplifying the task for candidates to locate their roll numbers and access their specific results.
Candidates are strongly encouraged to consistently check the IIBF's official website for updates concerning the JAIIB 2024 results. The institute will provide detailed instructions and information on how to access and comprehend the results. Remaining informed and regularly engaging with the official website is crucial for staying updated on the results announcement and any ensuing procedures.
JAIIB Notification 2024: Important Links
| Apply Online | Click here |
| Applicant Log in | Click here |
| Download JAIIB Exam Notification 2024 | Will be notified |
| Download JAIIB Exam 2024 Syllabus | Will be notified |
| Official Website | Click here |
JAIIB Notification 2024: Frequently Asked Questions
Q1. Have the JAIIB 2024 October Exam Dates been declared?
Ans. Yes, the JAIIB 2024 October Exam is planned for 5th, 11th, 12th, and 19th October 2024.
Q2. Is the JAIIB Registration for 2024 being reopened?
Ans. No, the JAIIB Registration for October 2024 will be opened for 1st August to 21st 2024.
Q3. What does JAIIB stand for?
Ans. JAIIB signifies Junior Associate of the Indian Institute of Bankers.
Q4. Who is eligible to apply for JAIIB 2024?
Ans. The JAIIB exam is particularly aimed at individuals employed within the banking and finance sector who are also members of the Institute.
Q5. What is the eligibility criterion for the JAIIB exam?
Ans. To qualify for the JAIIB exam, candidates must be working in the banking and finance sector and be regular members of the Indian Institute of Banking and Finance (IIBF).
Q6. How do I register for the JAIIB 2024 exam?
Ans. To register for the JAIIB 2024 exam, candidates must visit the IIBF's official website and complete the online registration process within the given timeframe. The registration link will be accessible on the website during the registration period.
Q7. When will the JAIIB 2024 results be declared?
Ans. The precise date for the declaration of JAIIB 2024 results will be provided by the IIBF on their official website. Typically, results are announced a few weeks after the exam has been completed.
Q8. Can I apply for both the June and November sessions of JAIIB 2024?
Ans. Yes, qualified candidates can apply for both the June and November sessions of JAIIB 2024. The exam is held twice a year, thus candidates have the opportunity to appear in both sessions if they choose.
Q9. Is there a negative marking in the JAIIB exam?
Ans. No, there is no negative marking in the JAIIB exam. Marks are awarded only for correct answers, and there are no deductions for incorrect answers.
