Tuesday 9 July 2013

IIBF FAQs

FAQs on IIBF
 
How to become Ordinary Member (individual) of the Institute
The membership of the Institute is open to employees of banks/financial institutions and any other institutions as may be approved by the Governing Council. It is necessary that the employer bank/financial institution is registered with the Institute as Institutional Member. The one time individual membership (Life Membership) fee is Rs.1695/-. To become a member of the Institute, a candidate has to apply online through the Institute’s web site and have to make the payment using debit/credit card or net banking. Along with the application the candidate has to upload his/her photograph and copy of any one of the following documents as a valid proof of his/her identity. 1.Photo Identity Card issued by Employer or 2. PAN Card or 3. Driving Licence or 4. Election Voter’s Identity Card or 5. Passport. On successful completion of the form after uploading the necessary details and paying the requisite amount, a membership number will be generated/ issued to the candidate via sms and email. A password is also provided to the candidate. By using this candidate can update his details like, address, telephone no etc. Mentioning of the contact no and email id is compulsory. The ID card will be sent to the candidate at the address registered with the Institute within a month’s time. The production of Identity Card is mandatory in identification of the candidate at the examination venues and should therefore be preserved carefully. Life Membership of the Institute is a prerequisite for taking up the JAIIB/CAIIB examinations.
I want to know my membership subscription dues and pay the same. Where should I pay? Can the payment be made by way of personal cheque/ cash/ on-line?
The members are requested to contact the nearest zonal office to find out whether their membership is active or not. If the membership is inactive, it can be renewed for lifetime by a simple request in writing furnishing the membership number, mobile no and email ID and send it to the respective zonal office along with a demand draft of Rs.1685/- favouring IIBF payable at Mumbai, Chennai, Kolkata or New Delhi as the case may be . The renewal payment to the Institute should necessarily be made by way of a demand draft / Pay Order.
How to notify the change of address?
             Candidates who have registered for ordinary membership through online registration can update their address directly on the web site as and when there is change in their address. All earlier members can send their request for change of address in writing or mail or fax to the respective zonal offices along with telephone no, mobile no and e-mail id.
How to find out correct Membership No.?
   The member is requested to write/mail to the respective zonal office of the Institute for the purpose of finding out the membership number. The member should give details such as his / her full name, date of birth, the name of employer, address and the details of the subjects passed, if any.
Does IIBF conduct any classes for the JAIIB/CAIIB courses?
Yes IIBF conducts classes for the JAIIB/CAIIB examinations at major cities across the country. Experienced faculty interacts with the candidates in a class room atmosphere covering the subject in detail. The contact classes are conducted on three Sundays one month before the examination. The schedules of the contact classes are uploaded in the website in the preceding month to enable members to enrol for the Contact Classes. The fee for the Contact Classes are Rs.200/- per subject and Rs.500/- for three subjects.
I want to know the next Associate/Diploma Examination dates
Institute provides examination schedule along-with Examination Application form & syllabus in the Institute’s portal under the menu: Home Courses / Examinations Examination Schedule/Application forms/Rules & Syllabus
The link is:
http://www.iibf.org.in/scripts/archives_exam_schedule.asp
The members can download the application form and submit to the respective zonal offices. Institute also activates in its portal online registration to enable the members to enrol for the JAIIB/ CAIIB examinations on-line.
I want to know about Study Material, its availability and cost
IIBF has developed comprehensive self learning study materials and work book which has been published by Macmillan India Ltd and Taxman Publication Pvt Ltd. Candidates can directly purchase the books from the outlets of the publisher. Candidates who purchase the books directly from the outlets of the publishers will be offered a discount of 20% on the cost price of the book. They can also purchase through online and by post. Candidates desirous of purchasing the books through online/by post will not be offered any discount. However the postage will be borne by the publishers. The addresses of the outlets are available on our portal under the menu Home > Features & Highlights > Self Study Kits.
The link is
http://www.iibf.org.in/scripts/pns1_ssk.asp
I have submitted the form for the Associate/Diploma / Certificate examinations but not so far received the examination admit card.
 
 Institute’s zonal offices will send the Admit letter containing date, time, subjects to be appeared, seat no, details of the venue etc. 21 days before commencement of the examination. The examination Admit Letter will also be made available in the Institute’s website at www.iibf.org.in one week before the examination. Candidates can download the Admit Letter and appear for the examination in case the original Admit Letter is not received.
How to receive a duplicate ID card?
The Institute sends Members Permanent Identity Card to all the candidates on admission as Member of the Institute. The Identity Card is useful for identification of the candidate at the examination venues and should therefore be kept safe and should not be tampered. In case a member does not have the membership identity card he/she should apply for a duplicate identity card. The member should send the application to respective zonal office for issuing duplicate identity card duly affixed with their photograph, with two specimen signatures on the box provided along with a demand draft of Rs 50/- favouring 'Indian Institute of Banking & Finance' payable at Mumbai, Chennai, Kolkata or New Delhi as the case may be.
What is the pattern of JAIIB/ CAIIB examinations and where the exams will be conducted?
Examinations are conducted in on-line as well as in off-line (paper and pencil) mode. The examinations are conducted in fully objective type questions with multiple choice answers. In case of JAIIB each examination is for 120 questions (70 questions carrying half mark, 35 questions carrying one mark and 15 questions carrying 2 marks drawn from all the units of the courseware, IIBF vision etc) to be completed/attempted in 120 minutes. CAIIB examinations are also for 120 minutes but contain 100 multiple choice questions including 40 or so questions of case lets and situation analysis or problem solving). Questions will be based on information, knowledge, conceptual grasp and application of concepts. Examinations are held on three Sundays (one paper on each Sunday). The dates of the examinations are announced well in advance. The candidate may take note of the examination dates carefully. Examinations are conducted at around 275 centres across the country
What is the fee of JAIIB / CAIIB / Diploma / Certificate Examinations?
                   For syllabus, rules and other details kindly visit:    www.iibf.org.in
How many attempts are provided to complete the JAIIB/CAIIB examinations?
Each candidate is required to pass each examination of three papers (JAIIB/CAIIB) within four consecutive attempts. For this purpose each examination of the Institute, after the candidate has paid the fee for the first block is reckoned as an attempt whether or not the candidate appears for the examination. For example if a candidate had applied for the first examination in May/June 2011 the four attempts will come to close by Nov/Dec 2012, whether or not the candidate has appeared for the four attempts. This is important for the purpose of credit transfers in the case of papers in which the candidate has scored the pass marks. The credit for pass in one or more papers in one or more previous examinations/attempts will be considered only within the four attempts/four consecutive examinations. After the end of the second block (after four examinations beginning the application date) the candidate will be treated as a fresh candidate.
    • In case candidate has completed the three papers in the first block of two attempts (two consecutive examinations) there is no need to pay for the second block. However, in case the candidate is not able to complete the examination in the first two attempts he/she will have to appear for the next two examinations immediately following the first two attempts by paying the examination fee for further two attempts (block 2). In such cases, if the candidate has passed one or more papers in the first two attempts the credit for the same is given in the next two attempts and the candidate need to appear for only the remaining papers. The second block runs immediately after the first two attempts (first block).
    • Continuing the above example if a candidate has applied for the June 2011 examination the second block starts in June 2012. If the candidate does not apply for the second block in June 2012 but applies in Dec 2012 the candidate will have only one attempt left in the 2nd Block. If the candidate did not apply/appear for the 2nd block till the end of Dec 2012 the candidate will have to apply fresh for May/June 2013 in which case he/she will not get the benefit of pass if any in the examinations held in 2011 and 2012.
    • If the candidate, after the 1st Block misses both the subsequent attempts he/she will have to re appear for all the papers as a fresh candidate. In such cases also the credit transfer for any of the papers passed in the previous two attempts is lapsed.
    • Candidates can carry over the credit of the subjects passed till the fourth attempt. If the candidate discontinues after the first block, or if the candidate does not complete all the papers in the four consecutive examinations the candidate cannot carry forward the credit in respect of the papers where in he/she has scored pass marks.
    • The fee for the four attempts is collected in blocks of two attempts. Initially they have to pay the examination fee for the first two attempts (block 1).
How to get the e-learning and web class facility?
Institute has introduced e-learning to all the JAIIB papers to enhance the understanding of the concepts. Institute has also introduced web classes (pre-recorded video classes) for all the papers of JAIIB and CAIIB (compulsory subjects) covering 25-30 hours of lectures for each paper. The candidates can access these lessons at their convenience and from their place of choice. The user id and password to access the e-learning and web classes will be sent to all the candidates registered for the JAIIB / CAIIB examinations.
When would the results be declared?
 The results of any Examination conducted by the Institute are usually announced within 50 days from the closure of the examination. For JAIIB/CAIIB Examination, printed result advices (original as well as duplicate) will not be sent but the same will be available on Institute’s website  www.iibf.org.in in printable form. Candidates are requested to download the same. The result advices of Diploma / Certificate examination will be sent to the candidates within 10 days from the date of declaration of result and also will be made available on the website.
Can I change the examination Centre?
Candidate can seek change of centre of examinations on genuine official grounds. Such requests will be entertained only if it is received 45 days prior to the examination date. As the number of question papers to be sent to each centre and number of computers in each on-line centre is finalised 45 days prior to the examination date it is not possible to grant change of centres in case the application is received with less than 45 days remaining for the examination.

I want to apply for verification of marks. What are the procedure/ fees to be paid?
    
Verification of marks is permissible only for off-line examination. The members can apply for verification of marks to the respective zonal offices of the Institute, within one month from the date of declaration of result. The verification fee is Rs. 150/- per subject which is payable only by way of a demand draft payable at Mumbai, New Delhi, Chennai and Kolkata as the case may be favouring 'Indian Institute of Banking & Finance'. Verification application shall not be entertained if received after a period of 30 days of the date of declaration of result. The outcome of the verification of marks shall be communicated to the candidate within a period of one month after receipt of their application. Please note that there is no provision for revaluation of marks. As per the rules for the conduct of the examination, only totalling of marks is done and is seen that all the answers are assessed. The members are requested not to send their requests for revaluation.
When can I get the completion memorandum/ final certificate?
The completion memorandums are despatched one month after the declaration of results of a particular examination. The final certificates are despatched within six months after the declaration of result. In case a member does not receive his /her completion memorandum/certificate, he should apply immediately to the Corporate Office of the Institute at Mumbai. The completion memorandum/certificate of a member is withheld if his examination fee is not paid or if his membership subscription is in arrears or if his examination application form is not received. Candidates will have to pay an amount of Rs. 100/- to get a duplicate certificate. The demand draft should be favouring 'Indian Institute of Banking & Finance', payable at Mumbai only.

How to apply for exemption?
The scheme of exemption in subjects of JAIIB and CAIIB has been withdrawn effective from the Nov / Dec 2011 examinations. The scheme of exemption in subjects of JAIIB and CAIIB has been withdrawn effective from the Nov / Dec 2011 examinations. The scheme of exemption in subjects of JAIIB and CAIIB has been withdrawn effective from the Nov / Dec 2011 examinations.

I want to know about the MBA examination conducted by IGNOU, New Delhi

The members are requested to write to the IGNOU Office at Delhi or get in touch with the local chapters of IGNOU. The web site address of IGNOU is
www.ignou.ac.in. The application forms and syllabus booklet are available at the local chapters of IGNOU only and not with the Institute.
For any other query other than the given above, the members are requested to write to the zonal offices.






What are the courses offered apart from JAIIB/CAIIB that cater to the needs of professionals working in the banking/ financial industry?
    
The Institute offers various Diploma examinations namely Diploma in Treasury, Investment & Risk management, Diploma in International banking and finance, Diploma in Banking Technology, Advanced Wealth Management Course (previously known as PGDFA), Diploma in Commodity Derivatives, Diploma in Home Loan Advising, Diploma in Micro Finance and Advanced Diploma in Cooperative banking. Diploma examinations have more than one paper and are aimed at providing higher level of knowledge inputs. Institute also offers Certificate examinations in Trade Finance, Anti-Money Laundering/ Know Your Customer (AML/ KYC), Customer Service, Basics of Banking, Credit Cards, SME, Information System, Quantitative Technique, Project Finance etc. Certificate examinations are of one paper each and offered in on-line mode.
Most of the Banking/ Financial Institutions have recognised all the Institute’s examinations and award increments/ incentives to the candidates who have completed the course. Its courses are also considered for further promotion and posting.
The Institute offers various Diploma examinations namely Diploma in Treasury, Investment & Risk management, Diploma in International banking and finance, Diploma in Banking Technology, Advanced Wealth Management Course (previously known as PGDFA), Diploma in Commodity Derivatives, Diploma in Home Loan Advising, Diploma in Micro Finance and Advanced Diploma in Cooperative banking. Diploma examinations have more than one paper and are aimed at providing higher level of knowledge inputs. Institute also offers Certificate examinations in Trade Finance, Anti-Money Laundering/ Know Your Customer (AML/ KYC), Customer Service, Basics of Banking, Credit Cards, SME, Information System, Quantitative Technique, Project Finance etc. Certificate examinations are of one paper each and offered in on-line mode.
Most of the Banking/ Financial Institutions have recognised all the Institute’s examinations and award increments/ incentives to the candidates who have completed the course. Its courses are also considered for further promotion
Who can do the Diploma / Certificate Examinations?

Any ordinary member of the Institute irrespective of whether they have passed JAIIB/CAIIB can take up the Diploma Examinations. Non-member with Graduation qualification can also take up all the Diploma examinations / Certificate examinations. However, for Diploma in Banking & Finance the minimum qualification is 12th Pass and the DRA/BCBF examinations even 10th Pass candidates can enrol. 
Any ordinary member of the Institute irrespective of whether they have passed JAIIB/CAIIB can take up the Diploma Examinations. Non-member with Graduation qualification can also take up all the Diploma examinations / Certificate examinations. However, for Diploma in Banking & Finance the minimum qualification is 12th Pass and the DRA/BCBF examinations even 10th Pass candidates
What are the Journals of the Institute?
     A member is entitled to receive the monthly news-letter of the Institute named 'IIBF-VISION', free of charge. Members may also subscribe to the quarterly magazine of the Institute 'BANK QUEST'. The member can also participate in various programmes organised by the Institute like seminar/ lectures/ workshops
A member is entitled to receive the monthly news-letter of the Institute named 'IIBF-VISION', free of charge. Members may also subscribe to the quarterly magazine of the Institute 'BANK QUEST'. The member can also participate in various programmes organised by the Institute like seminar/ lectures/ work
How to get a Duplicate Certificate?
    Duplicate Certificate will be issued to the candidates on submission of request letter along with a demand draft for Rs.112/- (inclusive of service tax @12.36%) in favour of ‘Indian Institute of Banking & Finance’, and payable at Mumbai only. The request should be addressed to Joint Director, Examinations, Indian Institute of Banking & Finance, Kohinoor City, Commercial- II, Kirol Road, Off LBS Marg, Kurla – West , Mumbai – 400 070.

Duplicate Certificate will be issued to the candidates on submission of request letter along with a demand draft for Rs.112/- (inclusive of service tax @12.36%) in favour of ‘Indian Institute of Banking & Finance’, and payable at Mumbai only. The request should be addressed to Joint Director, Examinations, Indian Institute of Banking & Finance, Kohinoor City, Commercial- II, Kirol Road, Off LBS Marg, Kurla – West , Mumba
I have received consolidated Mark Statement and Completion Memorandum but still I have not received my final passing certificate. When can I get?

The final passing certificates are to be signed individually by the Director of Examination and Chief Executive Officer and thereafter laminated. Therefore it takes six months from the date of declaration of result.
The final passing certificates are to be signed individually by the Director of Examination and Chief Executive Officer and thereafter laminated. Therefore it takes six months from the date of declaration of results
Is there any scheme of awarding prize / scholarships?

Yes. Institute recognizes outstanding achievements of the candidates in the Institutes’ examinations and award prizes every year to the candidates who have performed excellently. Institute also awards scholarships to the candidates taking up the Diploma in Banking & Finance examination. For details visit website at www.iibf.org.in