JAIIB Eligibility Criteria 2024 

The JAIIB examination, conducted through the Indian Institute of Banking and Finance or IIBF. With the 2024 June cycle of the JAIIB exam over, candidates can gear up for the November cycle of the JAIIB exams. Before appearing for the JAIIB exam, it is important to know the JAIIB eligibility criteria to make sure that your application for the exam is accepted.  

The JAIIB eligibility criteria 2024 needs to be fulfilled to be eligible for the exam. The JAIIB exam eligibility criteria can be inferred from the below. Ensure that you possess JAIIB eligibility so that your candidature does not get canceled. 

JAIIB Exam is conducted for any person working in the banking and finance sector including both private and nationalized banks and even the Reserve Bank of India, Central and State Co-operative Banks and any Financial Institutions in India that are Institutional Members of the Indian Institute of Banking and Finance or IIBF.  

You will be categorized under Ordinary Members and have to pay a fee of Rs 1770 one time for Life Membership.  

This Membership makes you eligible to appear for various examinations (after paying the exam fee), attend seminars/ workshops that are conducted by the Indian Institute of Banking and Finance or IIBF, avail of e-learning, get awards & fellowships, monthly IIBF newsletter etc. 

Besides this, you must have passed the 12th standard examination in any discipline. Some relaxation is given to clerical staff as mentioned in the table below. The detailed JAIIB eligibility criteria is as follows: 

JAIIB Exam Eligibility Criteria
Candidates must have passed the 12th standard examination in any discipline or its equivalent. The Institute may, however at its discretion, allow any candidate from clerical or supervisory staff cadre of banks to appear at the examination on the recommendation of the Manager of the bank/ officer-in-charge of the bank’s office where the candidate is working, even if he/ she is not 12th standard pass or its equivalent.
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 Passing Criteria 

The minimum mark to pass the subject is 50 out of 100 and those who secure at least 45 marks in each subject with an overall aggregate of 50% marks in the JAIIB exam in a single attempt will also be declared as pass. 

JAIIB Pass Criteria Class 

The candidate's first physical attempt will be considered as his/her first attempt. There are no limitations on the upper age limit for appearing for the JAIIB examination, but the requirements at the minimum level clearly state that a candidate should have work experience in the banking or finance sector. Any candidate is permitted a maximum of five attempts to clear the JAIIB examination within three years from the date of initial registration. Obviously, these attempts must not be continuous. A candidate shall be considered to have attempted the examination each time he/she registers for the examination whether or not he/she actually sits for the examination. 

In other words, any five out of the six examinations are usually allowed within a period of three years. If five possible attempts have been consumed before the end of the three years, or if the three-year period comes to an end before the possible five attempts have been exhausted, then one would need to re-register for the examination. In either case, no credit will be carried forward for subjects passed earlier. Candidates re-enrolling for the exam after exhausting all permissible attempts will not be considered for awarding class. A candidate will be awarded as first class and first class with Distinction whose details are given below. 

Passing Criteria
Minimum marks for pass in the subject is 50 out of 100
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 completed the Examination.
Candidates will be allowed to retain credits for the subject they have passed in an attempt till the expiry of the time limit for passing the examination.

JAIIB Exam Number of Attempts 

Below are the essential details about how many attempts and how long it takes to pass the test: 

  • If an applicant fails the test after three years or five attempts, they must re-register.  
  • Applicants who have passed prior subjects will not be given credit for them.  
  • When you register for the first time, you will have three years or five chances to apply.  
  • The number of attempts will be recorded when an applicant applies for the examination, regardless of whether they take it.  
  • During the period of three years, candidates will be able to apply for any five of the six exams.