The Junior Associate of the Indian Institute of Bankers (JAIIB) examination, conducted by the Indian Institute of Banking and Finance (IIBF), is designed to enhance the knowledge and skills of banking professionals. The JAIIB exam is open to elite employees of the banking and finance industry, and IIBF has outlined the JAIIB Eligibility Criteria 2024 with additional requirements such as passing criteria, time limits and subject credits.
JAIIB Eligibility Criteria 2024
It is important for aspiring banking professionals to understand the JAIIB eligibility criteria. With specific requirements related to membership, education and passing criteria, candidates should read the official IIBF guidelines and start preparing for their examination journey with clarity on the timeline and topics.
IIBF membership requirements
JAIIB The exam is for general members of IIBF. Any person working in the banking or finance industry whose employer is an institutional member of IIBF can apply for membership. IIBF membership requirement can be fulfilled through the official website of IIBF, www.iibf.org.in.
Educational qualification
Candidates must have passed 12th class or its equivalent in any subject. However, exceptions exist for clerical or supervisory staff in banks who may not have 12th class qualification. With the recommendation of their bank manager or officer in-charge of their branch, these candidates may still be eligible to appear.
age limit
Indian Institute of Banking and Finance has not specified any age limit to appear and qualify for JAIIB. Any employee can participate in the examination during his service.
subordinate employee eligibility
Subordinate employees of recognized banking or financial institutions in India, who are IIBF members, can also appear for the examination, provided they have passed 12th class or equivalent.
Passing Criteria for JAIIB
As stated by IIBF, the passing criteria for the JAIIB exam are as follows:
- To pass, candidates must obtain a minimum of 50 marks out of 100 in each subject.
- Alternatively, candidates obtaining at least 45 marks in each subject with an aggregate of 50% in a single attempt will also be declared passed.
- Credits for passed subjects are retained until the deadline.
exam completion deadline
Candidates are given a maximum of five attempts or three years, whichever is earlier, to clear the JAIIB exam. Attempts do not have to be consecutive, but the time limit starts from the date of registration for the first attempt. If candidates do not pass within the allotted time, they will have to enroll again and credit for previously passed subjects will not be retained.
Credit validity for previous courses
Candidates who have passed the subjects under the old syllabus will receive credit for equivalent subjects in the revised syllabus:
- The Principles and Practice of Banking (PPB) will remain the same.
- Accounting and Finance for Bankers (AFB) is credited as Accounting and Financial Management (AFM) for Bankers.
No credit will be applicable for the new subjects in the revised syllabus: Indian Economy and Indian Financial System and Retail Banking and Wealth Management. Candidates who retain credit from the old course must complete these new subjects within the specified time to qualify.
