JAIIB Overview

Junior Associate of India Institute of Bankers, popularly known as JAIIB, is one of the flagship exams of IIBF. The exam is held twice every year. The main objective of the exam is to provide basic knowledge of banking and financial services. The exam results in learning as well as monetary benefits.

How to register for JAIIB Exam 2023?

* Go to the official website of IIBF.
* On the homepage, you will see the "Examination/Courses" option. Click on that.
* Under flagship courses, click on "Apply Online".
* Login with your user ID and password.
* Fill in all the necessary details asked by IIBF.
* Pay the application fee.
* Complete the registration process by submitting the form.

Application fees for JAIIB 2023

The application fee is different as per the attempt you are giving.

JAIIB New Syllabus 2023: Exam Pattern Change

Let's look at the current JAIIB syllabus, which will be discontinued from May 2023 onward.

Recently, IIBF has through its notification changed the syllabus and exam pattern of JAIIB, which will be in effect from May 2023 onwards. 

JAIIB New Syllabus 2023: Exam Pattern Change

In the revised syllabus, one new paper has been introduced- Indian Economy & Financial System.
“Legal and Regulatory Aspects of Banking” has been replaced with Retail Banking & Wealth Management.

In regard to the exam structure, there are huge changes in exam structures, as per the new syllabus, there will be 100 questions in each paper rather than 120.

There will be a negative marking @ 25% of the marks allotted to the question concerned. However, the marks and duration will remain the same.

JAIIB Current Syllabus 2022:

PRINCIPLES AND PRACTICES OF BANKING - PAPER I

Module A - Indian Financial System

• Indian Financial System – An Overview
• Banking Regulation,
• Retail Banking, Wholesale and International Banking,
• Role of Money Markets, Debt Markets & Forex Markets,
• Role and Functions of Capital Markets, SEBI,
• Mutual Funds & Insurance Companies, Bancassurance & IRDA,
• Factoring, Forfaiting Services and Off-Balance Sheet items,
• Risk Management & Basel Accords,
• CIBIL, Fair Practices Code for Debt Collection, BCSBI,
• Recent Developments in the Financial System

Module B - Functions of Banks

• Banker Customer Relationship,
• KYC / AML / CFT norms,
• Bankers’ Special Relationship,
• Consumer Protection – COPRA,
• Banking Ombudsman Scheme,
• Payment and Collection of Cheques and Other Negotiable Instruments,
• Opening accounts of various types of customers,
• Ancillary Services,
• Cash Operations,
• Principles of lending,
• Working Capital Assessment and Credit Monitoring,
• Priority Sector Advances,
• Agricultural Finance,
• Micro, Small and Medium Enterprises,
• Government Sponsored Schemes,
• Self Help Groups,
• Credit Cards, Home Loans, Personal Loans, Consumer Loans,
• Documentation,
• Different Modes of Charging Securities,
• Types of collaterals and their characteristics,
• Non Performing Assets,
• Financial Inclusion & Financial Literacy

Module C - Banking Technology

• Essentials of Bank Computerization,
• Payment Systems and Electronic Banking,
• Data Communication Network and EFT systems,
• Role of Technology Upgradation and its impact on Banks,
• Security Considerations,
• Overview of IT Act,
• Preventive Vigilance in Electronic Banking

Module D - Support Services, Marketing for Banking Services/ Products

• Marketing – An Introduction,
• Social Marketing / Networking,
• Consumer Behaviour and Product,
• Pricing,
• Distribution,
• Channel Management,
• Promotion,
• Role of Direct Selling Agent / Direct Marketing Agent in a bank,
• Marketing Information Systems – a longitudinal analysis

Module E - Ethics in Banks and Financial Institutions

• Ethics, Business Ethics & Banking: An Integrated Perspective
• Ethics at the Individual Level
• Ethical Dimension Employees
• Work Ethics and The Workplace
• Banking Ethics: Changing Dynamic

ACCOUNTING AND FINANCE FOR BANKERS - PAPER II

Module A - Business Mathematics and Finance

• Calculation of Interest and Annuities,
• Calculation of YTM,
• Capital Budgeting,
• Depreciation and its Accounting,
• Foreign Exchange Arithmetic

Module B - Principles of Bookkeeping and Accounting

• Definition, Scope and Accounting Standards,
• Basic Accounting Procedures,
• Maintenance of Cash / Subsidiary Books and Ledger,
• Bank Reconciliation Statement,
• Trial Balance, Rectification of Errors and Adjusting & Closing Entries,
• Capital and Revenue Expenditure,
• Bills of Exchange

Module C - Principles of Bookkeeping and Accounting

• Balance Sheet Equation,
• Preparation of Final Accounts,
• Ratio Analysis,
• Final Accounts of Banking Companies,
• Company Accounts I & II,
• Accounting in a Computerized Environment

Module D - Banking Operations

• Banking Operations & Accounting Functions

LEGAL AND REGULATORY ASPECTS OF BANKING - PAPER III

Module A - Regulations and Compliance

• Legal Framework of Regulation of Banks,
• Control over the Organization of Banks,
• Regulation of Banking Business,
• Returns Inspection,
• Winding up,
• Mergers & Acquisitions,
• Public Sector Banks and Co-operative Banks,
• Financial Sector Legislative Reforms,
• Recent Legislative Changes in RBI Act,
• Financial Sector Development Council

Module B - Legal Aspects of Banking Operations

• Different Types of Borrowers,
• Types of Credit Facilities,
• Secured and Unsecured Loans,
• Registration of Firms and Incorporation of Companies,
• Indemnities,
• Bank Guarantees,
• Letters of Credit,
• Deferred Payment Guarantees,
• Laws Relating to Bill Finance,
• Various Types of Securities,
• Laws Relating to Securities and Modes of Charging-I,
• Laws Relating to Securities and Modes of Charging- II,
• Registration and Satisfaction of Charges,
• Case Laws on Responsibility of Paying Bank,
• Case Laws on Responsibility of Collecting Bank

Module C - Banking-Related Laws

• Recovery of Debts due to the Banks and Financial Institutions Act, 1993(DRT Act),
• Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI),
• Banking Ombudsman Scheme,
• Bankers Books Evidence Act, 1891,
• The Legal Services Authorities Act, 1987,
• The Consumer Protection Act, 1986 and CERSAI,
• The Law of Limitation,
• Tax Laws,

Module D - Commercial Laws With Reference To Banking Operations

• Negotiable Instruments Act, 1881,
• Payment & Settlements Systems Act, 2007
• Indian Contract Act, 1872,
• The Sale of Goods Act, 1930,
• Indian Partnership Act, 1932,
• Definition and features of a company,
• The Companies Act, 1956 (Now Companies Act, 2013 ),
• Foreign Exchange Management Act, 1999,
• Transfer of Property Act, 1882,
• The Right to Information Act, 2005,
• Right to Information and Obligation of Public Authorities,
• The Prevention of Money Laundering Act, 2002,
• Information Technology Act, 2000