Indian Institute of Banking and Finance (IIBF) is a professional body established in 1928 in Mumbai, India, dedicated to developing qualified banking and finance professionals. With a membership base exceeding 10.8 lakh (2024), IIBF is affiliated with major banks, financial institutions, and regulatory bodies such as the RBI and IBA. The institute is ISO 21001:2018 certified and offers flagship programs like JAIIB and CAIIB, along with diplomas, certificates, and advanced management courses in collaboration with IIM-Calcutta. IIBF is recognized for its continuing professional development initiatives and blended learning approach, including online exams and classroom sessions.
- Indian Institute of Banking and Finance Highlights
- Indian Institute of Banking and Finance Courses & Fees
- Indian Institute of Banking and Finance Admission Process
- Indian Institute of Banking and Finance Scholarships
- Indian Institute of Banking and Finance Campus & Facilities
- Indian Institute of Banking and Finance Placements
- Indian Institute of Banking and Finance Notable Alumni
Indian Institute of Banking and Finance Highlights
Established in 1928, IIBF operates as a professional body under Section 26 of the Indian Companies Act, 1913. The institute boasts ISO 21001:2018 certification and a governing council comprising representatives from RBI, SBI, IBA, and IIT Bombay. With a membership of over 10.8 lakh as of 2024, IIBF is the largest institution of its kind globally. The flagship programs—JAIIB and CAIIB—are widely recognized in the banking sector, and the institute collaborates with IIM-Calcutta for advanced management education.
Particulars | Details |
Established | 1928 |
Type | Professional Body (Company under Section 26, Indian Companies Act, 1913) |
Approvals/Accreditations | ISO 21001:2018 |
Student Intake / Strength | 10.8 lakh+ members (2024) |
Faculty | Governing Council (RBI, SBI, IBA, IIT Bombay representatives) |
Flagship Program & Fees | JAIIB & CAIIB; JAIIB: INR 2,700–3,000, CAIIB: INR 3,000–3,500 |
Entrance Exams | Institute-conducted online exams (JAIIB, CAIIB, Diplomas, Certificates) |
Official Website |
Indian Institute of Banking and Finance Courses & Fees
IIBF offers a comprehensive range of programs tailored for banking and finance professionals, including 3 flagship courses, 6 diploma-level courses, 23 certificate courses, and an Advanced Management Programme with IIM-Calcutta. The most popular certifications are JAIIB and CAIIB, essential for career advancement in Indian banking. Fees for these programs are kept affordable to encourage widespread participation among working professionals.
Program | Level | Duration | Eligibility | Total Fees |
JAIIB | Certification | 6–12 months | Member of IIBF; working in banking/finance | INR 2,700–3,000 |
CAIIB | Certification | 6–12 months | JAIIB qualified; IIBF member | INR 3,000–3,500 |
Diploma in Banking & Finance | Diploma | 6–12 months | Graduate; IIBF member | INR 3,500–4,000 |
Advanced Management Programme (with IIM-Calcutta) | Advanced Certificate | 12 months | Banking/finance professionals | INR 2–2.5 lakh |
Certificate Courses (e.g., AML/KYC, Risk Management) | Certificate | 3–6 months | Banking/finance professionals | INR 1,000–2,000 |
Indian Institute of Banking and Finance Admission Process
Admissions to IIBF programs are conducted online, with applications accepted year-round for most certifications. Candidates must be members of IIBF and meet specific eligibility criteria for each course. Selection is primarily based on online entrance examinations, with blended programs incorporating mandatory classroom sessions for specialized diplomas.
Application Window: Rolling admissions; major exams held twice yearly (May–June, Nov–Dec)
Entrance Exams (if any): Online exams conducted by IIBF
Selection Stages (GD/PI/WAT/etc.): Not applicable for most certifications; blended diplomas require classroom participation
Step | Details | Indicative Timeline | Documents |
Membership Registration | Apply online for IIBF membership | Anytime | ID proof, employment proof |
Course Application | Register for desired course/exam | Jan–Feb, Jul–Aug (major cycles) | Membership details, payment receipt |
Online Exam | Appear for online examination | May–June, Nov–Dec | Admit card, photo ID |
Classroom Session (for blended courses) | Attend mandatory sessions | As scheduled | Attendance sheet |
Certification Award | Receive certificate upon passing | Within 1 month of result | NA |
Indian Institute of Banking and Finance Scholarships
IIBF provides limited scholarships and fee waivers for select diploma and certificate programs, primarily targeting candidates from economically weaker sections or those nominated by partner banks. Details and eligibility criteria are periodically updated on the official website.
Scholarship | Eligibility | Benefit | How to Apply |
Fee Waiver for EWS Candidates | Economically Weaker Section; nomination by employer | Full/partial fee waiver | Apply via employer; submit income proof |
Bank-Sponsored Scholarships | Nominated by partner banks | Course fee reimbursement | Nomination through HR department |
Indian Institute of Banking and Finance Campus & Facilities
IIBF operates primarily as a professional certification and training body, with its headquarters in Mumbai. The institute maintains modern facilities for training, examinations, and research, including a digital library and specialized labs for blended learning. Classroom sessions for select courses are held at designated centers across India.
Library / Digital Resources: Extensive digital library, e-books, journals, online learning modules
Labs / Research Centres / Special Equipment: Blended learning labs, research support for specialized domains
Classrooms / Seminar Halls / Auditoriums: Training halls in Mumbai HQ and partner centers nationwide
Hostel / Dining: Not applicable; short-term accommodation for select programs at partner institutes
Sports / Gym / Grounds: NA
Connectivity / Transport: Mumbai HQ well-connected by road, rail, and air; training centers accessible in major cities
Indian Institute of Banking and Finance Placements
As a professional body, IIBF does not offer direct campus placements. However, its certifications—especially JAIIB and CAIIB—are highly valued by banks and financial institutions for recruitment and career advancement. Many members report significant career progression and salary hikes post-certification.
Year | Highest Package | Average Package | Median Package | Top Recruiters |
2024 | NA (depends on employer) | INR 8–12 LPA (post-certification, banking sector) | INR 7–10 LPA | SBI, HDFC Bank, ICICI Bank, Axis Bank, RBI, NABARD |
Indian Institute of Banking and Finance Notable Alumni
IIBF alumni include senior bankers, finance professionals, and executives who have advanced to leadership positions in major banks and financial institutions. Many have contributed to policy-making and innovation in the Indian banking sector.
Name | Role / Achievement |
Arundhati Bhattacharya | Former Chairperson, State Bank of India |
Shikha Sharma | Former MD & CEO, Axis Bank |
Rajnish Kumar | Former Chairman, SBI |
K.V. Kamath | Former President, New Development Bank; Ex-CEO, ICICI Bank |


