HOW TO PREPARE FOR THE JAIIB EXAM: All you need to know about JAIIB Exam

Hello Bankers,

Every aspiring bankers in India wants to clear the flagship exam JAIIB – Junior Associate of Indian Institute of Banking & Finance conducted by IIBF. Every year many young talented people irrespective of their graduation are newly recruited by all Scheduled Banks. All of them wanted to clear this exam and in general there are three types of bankers who want to clear this exam:

  1. Persons who want to clear it for Promotion,
  2. Persons who wants to clear it for Increment,
  3. Persons who wants to clear for acquiring knowledge. (Trust me they exist)

The reason for you to pass the exam may be anything but its good you want to start preparing for the exam and crack it. Every one needs motivation and inspiration to move forward in life. It is the motivation that most bankers don’t have. After the busy and hectic every day work, when a banker simply seeing the syllabus, he get frustrated and loses his hope especially non commerce students.

But you have to keep yourself motivated and keep your wish to pass the exam alive, until you crack the exam. To prepare for the exam we recommend four simple steps.

STEP-1: Enroll and apply for the exam

STEP -2 Know the structure of the exam

STEP -3 Understand the complete syllabus

STEP -4 Prepare for the exam.

Enroll for Ordinary Membership  and Apply for the exam:

First of all friends, you need to enroll yourself as an ordinary member in Indian Institute of Banking and Finance (IIBF) and then only you can register for the JAIIB exam.  IIBF offers four classes of membership based on the working experience and designation level of the candidate in the Banking establishments. Among them three classes of membership is for bank/FI employees.

  • Ordinary Membership – Entry Level open to any one working in Banking Organisation.
  • Associate Membership – This is for Senior Management atleast in the position of Chief Manager
  • Fellow Membership – Open for DGMs
  • Institutional Membership – This is for Banks ,Financial Institution and Institutions.

Ordinary Membership

It is a one time Life Membership meaning you have to enroll for only once and the membership is valid for life time. To appear for JAIIB and CAIIB exam the candidate must be an ordinary member of IIBF. Apart from it the following benefits are enjoyed by Ordinary members.

  • You will be eligible to appear for Institute examinations and courses by paying appropriate fees.
  • Fees Concession in Certificate Exams,
  • You will receive free newsletter called “IIBF vision” every month
  • Can avail the e-learning facility 
  • Can participate in workshops and seminars conducted by IIBF.

Eligibility Criteria

Employees of any Banks and Financial Institutions and other Institutional Members of IIBF.

Fees

The membership fees for ordinary members is Rs.1500/- + G. S.T Rs.270/- total Rs.1770/- for residents.

For oversea applicants the is US $150.

Mode of application: Online mode only and payment has to be made through online mode alone (DDs’ are not allowed).

After you have successfully enrolled for the membership you will get a mail for enrolment acknowledge along with membership ID and password for login to their website.This is sufficient for you to log on and register for the JAIIB exam. IIBF will send you the Permanent ID card within 45 to 60 days.  

Apply for the exam

After successful registration for ordinary life time membership is to apply for the exam online. Now the attempt pattern of the exam is changed, Here after there is no concept of block of attempts from this November 2017 session onwards. The applicant has to register and pay applicable fees in every attempt. The examination fee for every attempt is given in the bellow table.

No of Attempt Fees
For First attempt * Rs.2400/- + GST
For Second attempt Rs.1000/- + GST
For Third attempt Rs.1000/- + GST
For Fourth attempt Rs.1000/- + GST

 

So for the first attempt we have to pay examination fees of Rs.2400/- + Taxes. In total, you spend Rs.4000/- for appearing the JAIIB exam for the first time.

Why I recommend this as first step is because, I heard many of my colleagues saying their desire to prepare for the exam for one whole day, after getting fired from Officers/ Higher officials. Then after few days, if ask about their preparation for the exam they usually say, “Who will spend Rs.4000/-??”, ” I don’t have money now. Let me try after I get the Bonus/ OT”.

This step is very easy to do but we don’t have the heart to do. Because the moment of your desire to pass JAIIB will hardly last for few seconds or minutes or hours (may be for few days/months). But to sustain the fire you need to commit yourself within in it. Then only the desire will become as responsibility.

So once you spent some of your hard-earned money after restricting your monthly budget, you will be in a responsible position to prove your act by clearing the exam. So friends, Kindly enroll for the exam and don’t think it as an expense.  Think it as an investment which will fetch you good monthly returns (Increment) after six months (provided if you clear the exam 😉 ).

To enroll for ordinary membership Click here

If you are already a member of IIBF Click here to apply for the exam.

Know the structure of the exam:

The aim of conducting the exam is to provide basic knowledge to the persons working in banking & financial services for their day-to-day banking operations.

I am giving the snippets of the JAIIB exam structure in the following table. For full Rules & Syllabus for JAIIB Examination click here and download the JAIIB syllabus.

 Structure

Structure of JAIIB exam Explanation 
Eligibility
  1. You should be an ordinary member of the Institute.
  2. You should have completed  matriculation examination or its Equivalent.
Exam Subjects/Papers
  1. Principles & Practices of Banking
  2. Accounting & Finance for Bankers
  3. Legal & Regulatory Aspects of Banking
Pattern
  1. Each paper will have 120 objective type multiple choice questions.
  2. The total marks of the paper is 100. The marks to each question will be 0.50,1 and 2 depending upon the difficulty of the question.
  3. NO negative marks
Duration 2 hrs for each paper.
Mode Only through online at a specified center (it should be selected at the time of applying for the exam).

The center can be changed before the cut off date specified by the IIBF.

Periodicity
  1. January/February
  2. June/July

Note: For correct schedule of exam visit http://www.iibf.org.in

Medium Hindi or English (should be selected while applying for the exam itself)
Time Limit

 

 Two years (4 Consecutive attempts)
Examination fee The Block of attempts concept is now removed by IIBF. Hereafter we have to register for JAIIB exam every attempt and pay the applicable fees as described below.

For First attempt* – Rs.2400/- + GST

For Second attempt – Rs.1000/- + GST

For Third attempt – Rs.1000/- + GST

For Fourth attempt – Rs.1000/- + GST

*Note: Here the first attempt would mean 1st exam of the four consecutive exam (two years). So if you failed to clear the exam in two years then you have to pay Rs.2400/- again and appear for the first attempt of the next two years.

 

 Extended days of registration

 

 

Candidates can now apply for the exam if they missed the regular open period of registration by paying late fee of Rs.200/- + Taxes.

The period of extension for registration of the exam will be specified in the IIBF website schedule of the exam.

 

Passing mark for a subject
  1. Minimum pass mark is 50% in each subject.
  2. One exemption for clearing all papers in single attempt: In a single attempt, if you scored at least 45 marks in each subject with a total of 50% marks in all subjects of JAIIB examination you will also be declared as having passed JAIIB Examination.
 Passing of examination
  1. Getting minimum 50% of marks in each subject with in four consecutive attempts is declared as passing the exam.
  2. Getting minimum 45% of marks in each subject with an aggregate of 50% of marks in all subject in a single attempt is also declared as passing the exam.

 

Passing of JAIIB Exam : A common misconception among some bankers

I have seen many of my colleagues who are appearing for the exam for the 1st block ( first attempt/ 2nd attempt)  and score below 45 in one or two subjects. Then they won’t appear for the next paper saying “no use for appearing in the second or third paper, because I scored below 45 in one subject. So even if i clear remaining papers i won’t pass the exam”.

This is a completely wrong perspective/understanding about the structure of JAIIB exam. Since the passing tenure of the JAIIB exam is 2 years (4 consecutive attempts). If we scored minimum 50 marks in any one subject in one attempt of the first three consecutive attempts, then the passing credit for that subject is passed to the subsequent attempts.

Even if we have not cleared all of our papers in any first three consecutive attempts, we don’t need to appear for the cleared paper during the tenure of the exam. If a person has not cleared all the three papers in four consecutive attempts, then only the passing credit will be terminated. He/she have to appear for all the papers again for next tenure of two years.

So don’t lose the hope; Kindly attend all the papers in first three consecutive attempts irrespective of results (provided if you have score 50 or more in a paper). Since all are multiple choice questions, there is a possibility of passing the paper by luck. Then this passing credit is carried over to the next consecutive attempt.

Even if the person has scored below 50, he/she has acquired experience about the pattern of question. And he/she has tested their knowledge in that paper. Good Luck!!!

Comments (26)

  1. Pingback: Understanding the Complete Syllabus of JAIIB examination - Bankeredu - A Blog for Banker's Education

  2. Pingback: Step 4: Preparation Strategy and Study Plan for JAIIB Exam - Bankeredu - A Blog for Banker's Education

  3. Prashant

    Nice explaination given

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      Thank you :).

      Reply
  4. Rahul

    Sir, i am selected for clerk in PNB. Most probably my joining would come by august. So may I apply for JAIIB exam for Jan/Feb cycle?

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      Yeah sure you can apply. I got joined in Tamilnad Mercantile Bank on 21st July 2014 and I appeared for the November 2014 JAIIB exam. So you can apply provided you have passed the Matriculation or its equivalent examination.

      Reply
      1. Sangmesh Hiemath

        Sir can you please tell us what is matriculation exam

        Reply
        1. Guru Bakyesvara Pandiyan (Post author)

          It is nothing but 10th std or SSLC.

          Reply
  5. Vijay kohli

    Right now working in andhra bank as a clerk, appeared in jaiib cleared 2 papers and 1 paper remaining(still not attempted) . Previously in ibps6 got selected for syndicate bank po and joining in sept/oct. Will i get my jaiib increment in syndicate bank? If i cleared all 3 papers.

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      Yes, you will be eligible for getting the increment in Syndicate Bank. There is no role for the banks in JAIIB certification. JAIIB is a professional certificate recognised by all banks especially banks which follows IBA salary structure. So it doesn’t matter which bank you are working while clearing the JAIIB exam, if you have passed then you will be getting the increment.

      Reply
  6. aryan

    I am preparing for ibps po and cleared dbf this year. will my dbf be converted to jaiib once i join a psu bank or i will have to give jaiib again ?

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      No need to appear for JAIIB. Your Dip. Banking & Finance Certificate can be converted into JAIIB once you are appointed in a Bank.

      Reply
  7. Ragothaman D

    Sir i applied for jaiib last nov/dec 2016 but i could not attend all 3 papers that time. During My second attemt in first block may/june 2017 i scored 55 in ppb 48 in accounting 55 in legal papers will it be considered pass or i have to appear again for accounting by enrolling again for 2 nd block attempts.

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      Your passing credit for both ppb and legal will be carried forward to second consecutive block of exams (for next two sessions). So you have to appear only for accounting paper during nov/dec 2017 session by paying the applicable fees.
      Suppose you have not cleared the same in nov/dec 2017 then during jun2018 session also you need to appear only for accounting paper and you don’t need to pay any fees.

      Reply
  8. Shanthini

    I want to attend jaiib exam

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      First get the iibf membership and register for the exam. If you need any specific help you can ask here.

      Reply
  9. Ruba

    Your explanations​ are very nice… Motivational..

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      Thank you so much.

      Reply
  10. Amra ram

    सर मे बीओबी मे सब स्टाफ हूं ओर मेरी पोस्टिंग जून मे हुयी है मेरा अभी परिवीक्षा काल हे10+2पास हूं
    क्या मे jaiib exam k liye eligible hi please inform me

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      You are eligible to appear for JAIIB exam. When I cleared JAIIB and CAIIB I was a probationary clerk in Tamilnad Mercantile Bank. Don’t worry about that apply for the exam and start preparing for it. If you need any help contact me here.

      Reply
  11. Arvind K

    I will be joining Allahabad bank as IT Officer(Scale-I), Will I be eligible for increment after passing JAIIB and by how much?
    This information may motivate me 😉

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      You will get one increment. That means if your basic is Rs.23700/- then after clearing jaiib your basic pay will be Rs.24680/-. As your basic increases your DA and special allowances will also increase. So in total you will get Rs.1800/- more in your increment.

      Reply
  12. sagar

    sir,I completed my graduation. and now I want to do job in bank..so can I write ibps exam..or by writing exams like jaiib or caiib..can i get job in bank….

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      That’s great. JAIIB and CAIIB exams are only for banking or finance professionals. They are not for persons not working in banking and finance related industry.
      But you can write Diploma in Banking & Finance exam conducted by IIBF which can be converted to JAIIB once you join a Bank or FI.
      There is no relationship for getting job in banks and jaiib exam. It mandatory to prepare and attend for IBPS exam or private bank exams for getting a job in Govt Bank or Private bank. JAIIB and CAIIB exams are useful only after joining your career in Banking Industry.

      Reply
  13. Savithri

    I had applied for jaiib exam last June 17 in that exam I HD cleared only one subject.
    But now the exam pattern is changed.
    Can I apply fee for again this attempt.
    Plz tell me

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      You don’t need to apply for the exam again. During the July 2017 exam registration you have paid fees for two attempts. So you don’t need apply for Nov2017 session. You will get the admit letter in mail.

      Reply

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