DBF Credit Transfer

Provision of DB&F to JAIIB Credit Transfer

The Institute offers the Diploma in Banking & Finance (DB& F) course to candidates who aspire to have a career in the Banking & Finance sector. Indian Banks Association (IBA) has approved Diploma in Banking & Finance (DB& F) examination conducted by the Institute as a desirable qualification along with other prescribed entry level qualification for recruitment in banks.

As per the extant rules pertaining to DB& F Examination:

1. Employees of Banks/Financial Institutions are eligible to become ordinary members of the Institute.
2. Ordinary members of the Institute are not eligible for DB&F examination since they are only eligible to appear for JAIIB examination.
3. In case employees of Banks/FI’s who are eligible to take ordinary membership of the Institute and appear for JAIIB Examination are found to be appearing for the DB&F examination, their result/certificate will be liable for cancellation.

At present candidates completing DB&F and then joining a Bank/FI, (which is an Institutional Member of IIBF), can take ordinary membership of the Institute and then apply for conversion of their DB&F certificate to JAIIB, by paying a conversion fee of Rs.1000 + GST.

Presently if employees of Banks/FI’s who are eligible to take ordinary membership of the Institute & appear for JAIIB Examination are found to be appearing for the DB&F examination, their DB&F result/certificate will be liable for cancellation.

However, considering that DB&F candidates who have passed one or more subjects under DB&F may have joined the Bank while pursuing the course, can now, after taking ordinary membership of the Institute apply for credit transfer of the subjects passed in DB&F to JAIIB, subject to the time limit rules.

1. Candidates are eligible for credit transfer of the subjects passed under DB&F to JAIIB, in the following scenarios subject to the time limit rule:

Scenario 1:

Candidate applied for DB&F examination and his/her date of joining the Banks/FI’s is immediately after the exam registration but before the date of exam and he/she has passed one or more subject/s in that examination attempt but has not completed the course in that attempt, would be eligible to:

• Apply for ordinary membership of the Institute on joining the Bank/FI.
• Apply for credit transfer of the subjects cleared under DB&F by paying a nominal fee of ₹1000 + GST.
• On approval, credits of passed subjects and balance attempts (as per the DB&F time-limit rule) will be carried forward to JAIIB.
• Register for JAIIB Examination thereafter subject to the time-limit rule.

Scenario 2:

Candidate applied for DB&F before taking up employment in a Bank/FI, and has passed one/or more than one subject/s, and later joined a Bank/FI before completing DB&F, would be eligible to:

• Apply for ordinary membership of the Institute after joining the Bank/FI.
• Apply for credit transfer of the subjects cleared under DB&F by paying a nominal fee of ₹1000 + GST.
• On approval, credits of passed subjects and balance attempts (as per the DB&F time-limit rule) will be carried forward to JAIIB.
• Register for JAIIB Examination thereafter subject to the time-limit rule.

In case the candidates are found to be appearing for DB&F despite joining a Bank/FI, their result/certificate is liable to be cancelled.

1. Candidates are not eligible for credit transfer of the subjects passed in DB&F to JAIIB, in the following scenarios:

Scenario 3:

Candidate applied for DB&F course before taking up employment with a Bank/FI but remained absent or did not pass any subject under DB&F and then joined the Bank before completion of the DB& F course.

• In such case, candidate should take ordinary membership of the Institute and apply directly for JAIIB Examination only.
• In case the candidates are found to be appearing for DB&F despite joining the bank, their result/certificate is liable to be cancelled.

Scenario 4:

Candidate applied for DB&F course after joining the Bank

• Candidate is not eligible to apply for the DB&F course and should take ordinary membership and apply for JAIIB Examination only.
• In case the candidates are found to be appearing for DB&F despite joining a Bank/FI, their result/certificate is liable to be cancelled.

Further, candidates who have exhausted permissible attempts as per the rules of DB&F but have not completed it and have thereafter joined the Bank should take ordinary membership of the Institute and apply for the JAIIB Examination only.

Candidates are advised to assess their eligibility under the above scenarios and apply for the credit transfer option accordingly.

1. Candidates eligible for conversion of DB&F certificate to JAIIB.

Candidates who have completed the DB&F course before joining the bank are eligible to apply for conversion of their DB&F certificate to JAIIB after taking ordinary membership of the Institute and paying the fees of Rs. 1000/- + GST for conversion.

Joint Director

(Examinations)