Any JAIIB (Junior Associate of Indian Institute of Banking and Finance) qualified banker is eligible for enlistment in CAIIB ( Certified Associate of Indian Institute of Bankers). The major benefit of passing this exam is that CAIIB passed bankers are benefited with additional increments at every scale.
Junior Associate of Indian Institute of Banker (JAIIB) and Certified Associate of Indian Institute of Banker (CAIIB) are lead courses of Indian Institute of Banking and Finance generally known as IIBF, an Institute for proficient greatness in the field of banking and account. JAIIB/CAIIB Exam is held twice a year. The course depends on different acts, most recent round and current practices followed by banks. JAIIB targets giving the highest degree of essential information in banking and money related frameworks, banking innovation, client relations and lawful perspectives important for completing everyday financial tasks though CAIIB targets giving propelled information important to better dynamic covering risk, budgetary and general bank management.
CAIIB candidates are eligible to attempt exams twice. Even though they couldn’t qualify, the fees will be charged again and they will get two more attempts to clear it off and so on.
These exams are beneficial for candidates who are participating in their future aspects. Some of the benefits are:
Monetary Benefit: According to the Indian Bank Association settlement rules, any permanent bank worker who is from PSUs (one of the individuals from IBA) is qualified to get salary increments to post clearing the JAIIB and CAIIB exams. There are two types of increment enlisted here:
In terms of clerk grade: after passing JAIIB - 1 increment in salary and post passing of CAIIB exam - 2 increments in salary has been advisable.
Non-monetary Benefit: After clearing JAIIB exams, you will be experienced with banking knowledge, banking technology, accountancy and some legal forms that are needed to be carried out on an everyday basis. CAIIB accreditation will give you propelled information which is important for better dynamics in the field of Treasury Management, Risk Management, Balance Sheet Management, Credit Management, International Banking, Economic Analysis and so on. These accreditations will help you in getting in house promotions too.
The exam covers multiple-types and objective questions. CAIIB exams include two compulsory papers named as Advanced Bank Management and Bank Financial Management papers and one elective paper. Questions for the examination will be asked to check:
1. Knowledge testing
4. Analytical explanation
For Elective paper, a candidate can select any of the subjects that have been listed below:
Human resource management
Indian Institute of Bank and Finance has notified the application form for CAIIB online exams. You need to visit the official website of IIBF (iibf.org.in). Before applying to the CAIIB exam, it is mandated to clear the JAIIB exam. The candidate must be from the banking sector. There is a certain application amount you need to pay for further process.
Q1. What is the Full Form of CAIIB?
Ans: CAIIB stands for Certified Associate of Indian Institute of Bankers.
Q2. What is the difference between JAIIB and CAIIB?
Ans: Junior Associate of Indian Institute of Banker (JAIIB) and Certified Associate of Indian Institute of Banker (CAIIB) are lead courses of Indian Institute of Banking and Finance generally known as IIBF, an Institute for proficient greatness in the field of banking and account.
Q3. What is the Registration Process for CAIIB Exams?
Ans: Indian Institute of Bank and Finance notified the application form for CAIIB online exams. You need to visit the official website of IIBF (iibf.org.in).