JAIIB exam is one of the best ways to enhance your career in banking. Earning the JAIIB certification can boost your knowledge and reputation, increase your salary and improve your chances of getting promoted.
But are you even eligible for the JAIIB exam? Let’s find out.
Below, we have listed the detailed JAIIB eligibility criteria (age limit, educational qualifications) along with several frequently asked questions. This information will help you determine if you can take the JAIIB exam.
JAIIB 2024 Eligibility Criteria
The IIBF conducts the JAIIB (Junior Associate of the Indian Institute of Bankers) twice a year (May and October). The purpose of this exam is to offer fundamental knowledge to individuals in the banking industry about the financial sector, enabling them to execute their duties more effectively.
To be eligible for the JAIIB exam, you need to be an ordinary member of IIBFi.e.
- You must be working in the banking and finance industry.
- Your employer should be an institutional member of the institute.
Important Note: The Reserve Bank of India, State Bank of India, other financial institutions, both central and state-owned, cooperative banks, and any other institutions that the IIBF Council accepts make up the membership of the organization.
- Important Topics
- Expected Questions
- Previous Year Papers
JAIIB Eligibility: Age Limit
There is no age limit for the JAIIB examination. You can apply for the JAIIB exam as many times as you need.
JAIIB Eligibility: Educational Qualification
Candidates must have passed the 12th standard examination in any discipline or its equivalent to be eligible for the JAIIB exam.
JAIIB Eligibility: Single Attempt Rule
Here’s what the JAIIB single attempt rule means:
You qualify the JAIIB exam if you manage to score at least 45 marks in each subject and 200 or more marks in total (at least 50% aggregate), in a single attempt.
However, if you fail to clear all the exams in a single attempt, you’ll have to score at least 50 marks in every subject to get your JAIIB certification.
JAIIB Eligibility: Exam Attempts
Candidates are given 5 attempts within 3 years to clear the JAIIB exam. Keep these pointers in mind for further clarity:
- The 5 attempts to be taken within 3 years begin on the day of your first registration.
- Those who pass can keep their credit for subsequent tries in those subjects until they exhaust 5 attempts or surpass the 3-year deadline.
- Regardless of whether a candidate shows up for the exam/specific paper or not, a submitted application is counted as an attempt.
- An applicant will need to re-enroll if they use all 5 attempts or 3-year period ends, whichever is earlier. Similarly, a candidate will have to re-enroll if they do not use all 5 attempts by the time the 3 years have passed.
- Applicants won’t be able to retain credit for subject/s passed, if any, post the 3-year cycle.
- Applicants will get credits only for passing Principles & Practices of Banking (PPB) and Accounting & Financial Management for Bankers (AFM) under the old syllabus. There will be no credits for Indian Economy & Indian Financial System (IE & IFS) and Retail Banking & Wealth Management (RBWM) as they’re new additions in the revised syllabus:
Now, the most important point for you to remember here is that you’ve got 5 shots at this within 3 years from the day you register.
- Important Topics
- Expected Questions
- Previous Year Papers
Consecutive Attempt in JAIIB
A consecutive attempt in JAIIB refers to appearing for the exam immediately following the previous attempt. For example, if you appeared for the May JAIIB exam, your consecutive attempt would be the October 2024 JAIIB exam.
Important Note: The IIBF provides a total of 5 attempts to clear the JAIIB exam within 3 years.
These attempts need not necessarily be consecutive.
Conclusion
Now that you know all about the JAIIB eligibility, you can easily determine if you can take this exam or not. In case you need further clarification, please refer to our FAQs section. You can also connect to our support team for queries that may not have been addressed (very unlikely).