JAIIB Full Form: Junior Associate of Indian Institute of Bankers

Safalta Expert Published by: Kirti Singh Updated Tue, 21 Jun 2022 01:08 PM IST

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The full form of JAIIB is the Junior Associate of the Indian Institute of the Bankers. It is the type of Associate test that is carried out by the IIBF (Indian Institute of Banking and Finance). The examination for the same is held to test the individual’s fundamental knowledge of working as a professional banker. A candidate must have knowledge of customer relationships, financial services, accounting, financial technology, accounting, and several other aspects of banking that are used.
 
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JAIIB Quick facts:

  • The JAIIB full form is Junior Associate of the Indian Institute of Bankers.
  • The officers and the Bank clerks in the Indian nationalized banks are automatically eligible for a 1% increase in salary per annum after clearing the JAIIB exam.
  • This exam is held twice a year. The first exam is held in the month of May and another exam is scheduled for the month of November. The registration process for the exam closes two months before the exam.
  • It is an instrumental exam for banking and finance professionals looking to be employees in similarly related fields like treasury among others and foreign exchange.
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Various Subjects of JAIIB Exam:

  • The examination is performed on three Sundays in a series, i.e. one paper every Sunday.
  • There are a total of 120 questions in every paper and is objective type.
  • The paper has a length of 2 hours and covers 100 marks.
  • The minimum score required for each topic or paper to be passed is 50 out of 100.
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Examination Pattern:

  • Banking Principles & Practices
  • Accounting & Finance & practices
  • Legal and Regulatory Aspects of Banking.
 
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What is JAIIB salary?

The  new basic pay will be: Rs 11765 + Rs 655= Rs 12420 /-
 

Who is eligible for JAIIB exam?

Candidates who wish to appear for JAIIB exam must be a registered ordinary member of the IIBF, He/She must have passed their 10+2 Boards or any other equivalent exams and must be working in any Banking and financial institute.
 

Is JAIIB June 2022 postponed?

The JAIIB exam will be held in the month of January 2022.

Can a non banker apply for JAIIB?

A non-banker cannot apply for the JAIIB examination.
 

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