On this page, We are going to learn about the full form of CAIIB and the meaning of CAIIB, As well as the meaning, definition, and acronym for CAIIB in different categories. So you should read this post till the end.
The Full Form of CAIIB: Certified Associate of the Indian Institute of Bankers
CAIIB stands for Certified Associate of the Indian Institute of Bankers. CAIIB examinations are conducted by the Indian Institute of Banking & Finance. When you are selected for a post such as Clerk or PO in a bank, then you must take the JAIIB exam. After passing the JAIIB exam, you will become a CAIIB.
There are many benefits to taking the exam. The courses, which are offered in multiple cities across India, are aimed at helping individuals advance their careers in the banking sector.
Benefits of the CAIIB Exam
Those who have successfully completed the course are conferred with the qualification, which allows them to work in the banking sector.
To become a Certified Associate of the Indian Institute of Bankers, individuals must first qualify as a Bank Associate of the Institute.
The purpose of this exam is to measure your ability to make decisions and general banking management within the bank, and the questions in this exam will also be related to your practical knowledge of banking. Practical knowledge of banking is very important for passing this exam.
CAIIB Exam fees
On its official website, https://www.iibf.org.in/, you will find complete information regarding this exam, which you will need to fill out online.
The CAIIB fee is Rs.3000/- plus GST on the first attempt, and Rs.1300/- 1300/- plus GST on the second, third, and fourth attempts.
What is the CAIIB Exam Syllabus?
In the CAIIB exam, there are three papers, the first being Advanced Bank Management, the second being Bank Financial Management, and the third being an elective.
It is mandatory for you to appear in the first and second papers but in the third paper 11 subjects (Corporate Banking, Rural Banking, International Banking, Retail Banking, Co-operative Banking, Financial Banking, Human Resource Management, Information Technology, Risk Management, Central Banking, Treasury Management ) from which you have to choose one subject and questions related to that subject are asked in the paper.
All its papers consist of 100-100 questions, the exam lasts 2 hours, it’s conducted online, there is no negative marking, you need 50 marks for passing, and it’s conducted in Hindi and English. You can give it in any language you choose
CAIIB Exam Eligibility criteria
The JAIIB (Junior Associate of the Indian Institute of Bankers) exam is open to employees of all banks. You can take the CAIIB exam after you pass the JAIIB exam.
What are the benefits of the CAIIB exam?
- When you pass the JAIIB exam, you get one increment if you work as a clerk in a bank.
- After passing JAIIB and CAIIB, you get two increments, totaling three increments after passing both.
- If you work as an officer in a bank and pass the JAIIB exam, you will get 1 increment.
- CAIIB exam after passing JAIIB exam, you receive 1 increment, and if you pass both JAIIB and CAIIB exams, you receive 2 increments.
- Promotions also provide relaxation.
- Your salary includes increments.