JAIIB May 2023 Overview

Junior Associate of India Institute of Bankers, popularly known as JAIIB, is one of the flagship exams of IIBF. It is conducted twice in a year. Till 2022, there were three papers in JAIIB exam. From May 2023, two new papers i.e; Indian Economy & Indian Financial System (IE&IFS) & Retail Banking & Wealth Management (RBWM) have been added in JAIIB exam. There are 100 questions for 100 marks in each paper of JAIIB with no negative marks.

JAIIB Exam 2023: Eligibility

1. The examination is open only to the ordinary members of the Institute 
2. Candidates must have passed the 12th standard examination in any discipline or its equivalent. 
3. The subordinate staff of recognized Banking/ Financial Institutions in India, who are members of the Institute, are eligible to appear at the examination, provided they have passed the 12th standard examination or its equivalent.

JAIIB Exam 2023: Subjects

There are four papers in JAIIB exam and each is compulsory to pass in order to get JAIIB certification. The four are papers namely:

1. Paper 1: Indian Economy and Indian Financial System (IE & IFS)
2. Paper 2: Principles and Practices of Banking (PPB)
3. Paper 3: Accounting and Financial Management for Bankers (AFM)
4. Paper 4: Retail Banking and Wealth Management (RBWM)

JAIIB Exam 2023: Passing Criteria

The passing criteria under the revised JAIIB syllabus 2023 are as follows. 

1. Minimum mark to qualify for each paper of JAIIB was 50 out of 100.
2. Candidates securing at least 45 marks in each subject with an aggregate of 50% marks in all subjects of the examination in a single attempt will also be declared as having passed the examination.
3. There is NO NEGATIVE marking in JAIIB Exam

JAIIB Exam 2023: Credits for Subjects Passed under Revised Syllbus

If a candidate already passed Paper 1 (PPB) & Paper 2 (AFM) in the previous syllabus (within 4 attempts and 2 years of span), he/she will get the credit in Principles & Practices of Banking & Accounting & Financial Management for Bankers. He/she need not to appear in these two papers under revised syllabus in May 2023.

JAIIB Exam 2023: Timelimit for Passing JAIIB 

The time-limit rule under revised syllabus is as follow:

1. A candidate will be given 5 attempts for completion of JAIIB exam but, within a maximum period of three years, whichever is earlier, from the time he/she registers for the exam. These 5 attempts need not be consecutive.
2. Candidates unable to pass the exam within the max stipulated time period of 3 years or 5 attempts, whichever is earlier, will be required to re-enrol themselves afresh. Such candidates will not be granted credit/s for subject/s passed, if any, earlier
3. Time limit of 3 years or 5 attempts, whichever is earlier, will start from the date of registration for the first attempt. Attempts will be counted when he/she applies for the exam, irrespective of whether the candidate appears for any examination or not

JAIIB Exam 2023: Validity of Credits for Subjects Passed Under the Old Syllabi: 

1. In case a candidate has availed/exhausted 3 attempts under the old syllabus, he/she will now get 2 more attempts to pass the JAIIB under the revised syllabi i.e; May 2023 & October 2023. 
2. For such candidates who are under the old syllabi but will be availing credits under the revised syllabi for the subject(s) concerned, the time-limited period of 3 years, 
3. under the revised syllabi, the attempt will be counted from the date of registration for the 1st attempt under the old syllbus.

JAIIB Exam 2023: Validity of Credits for Subjects Passed Under the Old Syllabi: 

1. In case a candidate has availed/exhausted 3 attempts under the old syllabus, he/she will now get 2 more attempts to pass the JAIIB under the revised syllabi i.e; May 2023 & October 2023. 
2. For such candidates who are under the old syllabi but will be availing credits under the revised syllabi for the subject(s) concerned, the time-limited period of 3 years, 
3. under the revised syllabi, the attempt will be counted from the date of registration for the 1st attempt under the old syllbus.

JAIIB Registration Dates 2023

IIBF has released the dates for the JAIIB Registration 2023 for the May and October as well. 

JAIIB May Dates 2023

JAIIB Exam will be held on for different dates in May 2023. The third paper of Accounting and Finance Management for Banking (AFM) will be held on second Saturday. Hence there will be no gap between second paper Principles and Practices of Banking (PPB) and third paper Accounting and Finance for Bankers (AFM).

JAIIB Examination Fee 2023

The following fees will be applicable for JAIIB exam from May 2023. 

JAIIB August Registration 2023

IIBF has not only JAIIB May 2023 registration dates released but also released the registration dates for JAIIB October 2023 exam.

JAIIB October 2023 Exam Dates

This is the first time IIBF conducts second phase of JAIIB Exam in the month of October instead of November 2023.