JAIIB Full Form

Sudeshna chakrabartiUpdated On: August 04, 2023 06:23 pm IST

JAIIB's full form is Junior Associate of Indian Institute of the Banker. The examination of JAIIB is conducted by the Indian Institute of Banking and Finance(IIBF). The body organizes examinations for recruiting junior associates of banking.The members of IIBF are eligible for giving the examination and after qualifying for the examination, officers and clerks get an increase in their salaries.

What is the full form of JAIIB?

As mentioned above the full form of JAIIB is Junior Associate of Indian Institute of the Banker. The examination is conducted by the Indian Institute of Banking and Finance (IIBF). The exam is scheduled two times a year, once in the month of May and another in November..The examination is conducted to test the candidate’s fundamental knowledge about banking. The conducting body IIBF only allows members of IIBF to appear in the examination. The exam is conducted in Hindi and English and in online and offline modes. 

What are the Eligibility Criteria for JAIIB?

If you want to apply for Junior Associate of Indian Institute of the Banker (JAIIB full form) check the eligibility criteria below:

  • The candidate must qualify 12th standard or equivalent exam to apply for JAIIB
  • The applicant should be having  working experience in the banking & finance sector
  • The members of financial institutes of India are only allowed to be a candidate of this exam
  • JAIIB is not for any common candidate 

How to Apply for JAIIB?

Candidates need to follow the below steps to apply for JAIIB exam

  1. Visit the official website
  2. Click on the JAIIB application link
  3. Register by entering your personal details
  4. Re-login with id generated
  5. Fill out the application by entering the required details 
  6. Select your mode of exam and exam center 
  7. Review your application
  8. Pay the registration fee  
  9. Download the application form or take a print out of it for future reference 

What is the Registration Fee for JAIIB?

The registration fee of JAIIB is divided on the basis of applicant's attempts 

No. of attempt

Registration fee in INR

1st 

2,700

2nd,3rd, 4th &5th 

1,300

What are the Skills Required in JAIIB?

The candidate appearing for the JAIIB examination must consist the following skills

  • Banking Knowledge: The individual should have knowledge about managing accounts, percentage regarding loans and handling customer grievances
  • Good in Financial services: They are responsible for providing guidance and information related to financial services.
  • Good in maintaining client connection: They should have good communication and convincing skills which helps in maintaining good relations with clients.
  • Good in customer relations: In every organization customer relation plays an important role as good customer helps in growth of organization which is no exception in banking field.
  • Knowledge of financial technology: Financial technology refers to software and systems used in the banking sector. 

What is the Exam Pattern for JAIIB?

According to the Junior Associate of Indian Institute of the Banker (JAIIB full form) examination rules, the following is the exam pattern of the exam:

  • The JAIIB exam is conducted in online mode
  • It consists of 3 papers 
  • Each paper consists of 100 marks
  • Total number of questions is 120 in each paper
  • The time duration for each paper is 2 hours
  • The candidate must secure minimum of 50 marks to qualify for the paper 
  • There is no negative marking

What are the Main Subjects in JAIIB?

  • Banking principles and practices
  • Accounting
  • Financing
  • Legal & regulatory aspects in banking

What is the Syllabus of JAIIB?

The syllabus of JAIIB is divided into two papers and each paper is further divided into sections/modules

Syllabus for 1 paper


Section A - Indian Financial System



Indian Financial system

Banking Regulation

Role and functions of capital market

Risk management

Debt and forex market

Retail, wholesale & international marketing 




Section B- Functions of bank

Cash operations 

Consumer protection

Banker customer relationship

MSME

Documentation 

Ancillary services




Section C- Banking Technology

Security considerations

IT act

Data communication network 

EFT systems

Payment systems & electronic Banking

Bank computerization

Section D- Support Services

Pricing

Distribution

Consumer Behaviour & Product

Promotion

Social Marketing

Marketing information System

Section E- Ethics in banking and products

Ethics at individual level

Work ethics at workplace

Changing Dynamics

Ethical dimensions of employees

Syllabus for 2 paper

Section A- Business Mathematics & Finance

Calculation of Interests

Calculation of Annuities

Capital Budgeting

Foreign Exchange

Section B- Principles of bookkeeping and accountancy

Definition and scope of accounting

Basic Accountancy

Capital expenditure

Revenue expenditure

Bills of exchange



Section C- Final Accounts

Balance Sheet 

Preparing final accounts

Analyzing ratio

Company accounts

Accounting in a computerized environment. 

Section D- Banking Operations

Banking operations

Accounting functions

Syllabus for 3 paper







Section A- Regulations & compliance

Legal Framework of Regulation of Banks

Control over Organisation of Banks

Regulation of banking

Public sector banks

Financial sector development council

Co-operative banks



Section B- Legal Aspects of Banking Operations

Types of credit facilities

Indemnities

Laws for bill finance

Registration of charges 

Letters of credit 

Different types of borrowers 

Section C- Banking related laws

The law of Limitation

Tax laws

Negotiable instruments act

The consumer protection act

Banking Ombudsman scheme



Section D- Commercial Laws with ref. To banking operations

Indian contract law

The sale of goods act

Indian partnership act

New companies act

Transfer to property act

Information technology act

Interesting Facts About JAIIB

JAIIB, full form of which is Junior Associate of Indian Institute of the Banker is a popular exam in the banking sector so let’s explore some of the interesting facts associated with this exam.

  • The examination is conducted twice in year
  • The examination is only held on Sundays
  • The JAIIB examination is held during the month of May and November
  • After qualifying the examination the salary of officers and clerks are increased by 1%

Written By: Deepit Mathur

FAQs

What is the full form of JAIIB?

The full form of JAIIB is Junior Associate of Indian Institute of the Banker

 

Can a candidate apply after the last date?

Yes, the candidate can apply after the last date but they will be charged 200 INR more.

 

Is the JAIIB fee refundable?

No, the fee for JAIIB is not refundable 

 

On which day the examination is conducted?

The JAIIB examination is conducted on Sundays 

 

Can a Non-commerce student apply for the examination?

No, non-commerce students can't apply for the examination

 

Can a Non-commerce student apply for the examination?

No, non-commerce students can't apply for the examination

 

What is the limit for appearing in the JAIIB examination?

The JAIIB provides a maximum of 5 attempts within a duration of 3 years 

 

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