Indian Institute of Banking & Finance (IIBF) Recruitment 2025

Organization Details

• Organization Name: Indian Institute of Banking & Finance (IIBF)
• Address: Kohinoor City, Commercial–II, Kirol Road, Kurla (West), Mumbai – 400070, Maharashtra, India
• Country: India
• State: Maharashtra
• City: Mumbai
• Postal Code: 400070

Position Information

• Post Name: Junior Executive
• Total Vacancies: 10 (subject to variation)
• Employment Type: Full-time, Regular
• Service Bond: Minimum 2 years. If resigned before, Rs. 1,00,000 penalty applicable.
• Initial Posting: Mumbai (transferable to IIBF offices in New Delhi, Kolkata, Chennai, Guwahati, proposed Lucknow & Bengaluru)

Important Dates

Salary and Benefits

• Pay Scale: Rs. 40,400 – 4,500/20 – 1,30,400
• Approximate CTC: Rs. 8.7 Lakh per annum
• Perks and Benefits: DA, HRA, conveyance, telephone reimbursement, medical facility, Leave Fare Concession (LFC), group medical insurance, and leased accommodation reimbursement as per city limits.

Eligibility Criteria

• Educational Qualification (Essential): Graduate with minimum 60% marks in Commerce, Economics, Business Management, Information Technology, Computer Science, or Computer Applications. (59.99% will not be rounded up to 60%)
• Desirable Qualification: Diploma in Banking & Finance (IIBF) or M.Com / MA (Economics) / MBA / CA / CMA / CS / CFA.
• Age Limit: Not exceeding 28 years as on 01 November 2025.

Application Process

1. Applications must be submitted online only through the IIBF official website (www.iibf.org.in).
2. Navigate to the "Careers" section → Recruitment Notification → "Apply Online" (redirects to IBPS website).
3. Register with basic details, upload scanned photograph, signature, left thumb impression, and handwritten declaration in the prescribed format.
4. Pay the application fee online and retain the e-receipt and final application printout for records.

Application Fee

Selection Process

• Stage 1 – Online Examination:
  • Subjects: Reasoning, English Language, Quantitative Aptitude, General Awareness (Banking Focus), and Computer Knowledge.
  • Total Questions: 200 | Marks: 200 | Duration: 140 minutes.
  • Medium: English.
  • Negative Marking: 1/4th marks deducted for each wrong answer.
• Stage 2 – Personal Interview: Candidates shortlisted from the online examination will be called for a personal interview.
• Final Selection: Based on the combined performance in the online test and interview.
• Verification: Background verification and medical fitness are mandatory before appointment.

Examination Centers

Online Examination will be conducted in the following cities:

• Chennai
• Kolkata
• Delhi/NCR
• Mumbai/Navi Mumbai/Thane (MMR)
• Lucknow
• Guwahati
• Hyderabad
• Bengaluru
• Ahmedabad/Gandhinagar

Reservation

Category-wise vacancy distribution or specific reservation details are not explicitly mentioned in the official notification.

Helpline and Contact Details

Other Important Instructions

• Candidates must carry a valid ID proof at the time of examination and interview.
• Late reporting, mismatch in identity proof, or incomplete documents will lead to disqualification.
• Multiple appearances for the same post in the exam will result in cancellation of candidature.