INDIAN INSTITUTE OF BANKING & FINANCE

(An ISO 9001 - 2008 CERTIFIED ORGANISATION)

Kohinoor City, Commercial-II, Tower-1, 2nd Floor, Kirol Road, Kurla (West), Mumbai - 400 070
Web-site : www.iibf.org.in

Certificate Examination in Microfinance

Rules & Syllabus 2015

OBJECTIVE

To provide a thorough knowledge of the concept of microfinance and

how microfinance institutions work, including the operational aspects of
an SHG / MFI. The course will be a mixture of theory and case studies. This
course would go a long way in building up the financial literacy of the
persons involved in microfinance and SME sector. As the RBI and the
Government have given a new thrust to financial inclusion and financial
literacy, the examination would be helpful to banks also in their quest to
reach excluded sections of the population.

ELIGIBILITY

The applicant should be graduate of a recognized university.

In respect of the candidates working in microfinance / Banking domain the

minimum qualification could be relaxed subject to a candidate having worked
not less than three years in the sector.

SUBJECT OF EXAMINATION

Microfinance

EXAMINATION FEES / REGISTRATION FEES

For Members For Non-Members

First attempt `1,000/- * `1,500/- *

Subsequent each attempt `1,000/- * `1,500/- *

* Plus Service Tax as applicable (Reg. No. AAATT3309DSD002)

MEDIUM OF EXAMINATION

Examination will be available in English Only.

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PATTERN OF EXAMINATION

Question Paper will contain 120 objective type multiple choice questions for 100
marks. The examination will be conducted in online mode only.

DURATION OF EXAMINATION

The duration of the examination will be of two hours.

PERIODICITY AND EXAMINATION CENTRES

The examination will be conducted in June / December on a Sunday.

PASSING CRITERIA

The candidate has to secure 50% or more marks in the subject to pass.

PROCEDURE FOR APPLYING FOR EXAMINATION

Application for examination should be made online from the Institute's website
www.iibf.org.in. No physical form will be accepted by the Institute with effect
from 1st January, 2013.

PROOF OF IDENTITY

Non-members applying for Institute's exams / courses are required

to submit a copy of any one of the following documents along with
Examination Application Form. Forms without the same shall be liable
to be rejected.

1) Photo i/card issued by Employer or 2) PAN Card or 3) Driving License or

4) Election Voter's i/card or 5) Passport or 6) Aadhaar Card

STUDY MATERIAL

The Institute has published study books to facilitate study and they will be
available at outlets / showrooms / distributors of M/s. Macmillan Publishers
India Ltd. The price of each book and detailed list of outlets is mentioned
below.

Candidates may purchase directly from outlets / showrooms / distributors of

the above.

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Candidates who purchase books directly from outlets of publishers will be
offered a discount of 20% on the cost price of the book. Candidates desirous
of purchasing books by post will not be offered any discount. However, the
postage will be borne by publishers. Candidates would be required to send
their indent to publishers’ outlet along with a Demand Draft for the cost of
book/s. The Demand Draft should be drawn in favour of M/s. Macmillan
Publishers India Ltd. (No cheques will be accepted). Candidates are
requested not to send any request for the purchase of books to the
Institute’s Zonal Offices / Corporate Office.

Name of the Book Price

Micro Finance - Perspectives and Operations `275/-

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 ADDRESSES OF MACMILLAN PUBLISHERS INDIA LTD.
BRANCHES & SHOWROOMS

New Delhi Patna

2/10 Ansari Road, Daryaganj, Sinha Kothi, Sinha Library Road, Patna-001
New Delhi-110002 Phone : (0612) 2232550 / 2224348
Phone : (011) 23273624 / 23273814 / E-mail : milpat@macmillan.co.in
47972200 Pune
E-mail : mildel@macmillan.co.in Plot no.17, 1st floor,
Kolkata Swastishree Co-op Hsg. Society Ltd.,
Unit No 302, L&T Chambers, Ganesh Nagar, Karve Nagar, Pune-411052
(3rd Floor), 16 Camac Street, Phone : (020) 25420321 / 22
Kolkata-700017 E-mail : milpun@macmillan.co.in
Phone : (033) 22834481-5 Bangalore
E-mail : milcal@macmillan.co.in Jaico Publishing House, 14/1,
Chennai 1st Main Road, 6th Cross,
21 Patullos Road, Chennai-600002 Gandhi Nagar, Bangalore-560009
Phone : (044) 28520646 / 30915100 Phone : 080-22267016 / 22257083
E-mail : rnilmds@macmillan.co.in E-mail : bangalore.sales@jaicobooks.com
Bhopal The BOOKWORM - Good Books Great
76 Malviya Nagar, TT Nagar, Bhopal-462003 Prices
Phone : (0755) 2553895 / 2576029 No. 80/1, Shrunghar Shopping Complex,
E-mail : milbho@macmillan.co.in M. G. Road, Bangalore-560001
Chandigarh Phone : (080) 40913205, Mob. 9854076757
First Floor, SCO 91, Sector 44 C, E-mail : kris.bookworm@gmail.com
Chandigarh-160047 The BOOKWORM - Good Books Great
Phone : (0172) 2611561/ 5088291 Prices
Email : milchd@macmillan.co.in No. 32 Basement, Brigade Road,
Cuttack Cross Brigade Rd., Below Prabhu Digitals,
Maitree Vihar, Link Road, Cuttack-753012 Bangalore-560001
Phone : (0671) 2311979 / 2331979 Phone : (080) 41126755, Mob. 9845076757
E-mail : milcut@macmillan.co.in E-mail : krishana_ruk@yahoo.com
Guwahati E. R. Manoharan
S. C. Goswami Road, UBS Publisher's & Distributors Pvt. Ltd.,
Pan Bazar, Guwahati-781001 No. 148, Mysore Road, Bangalore-560026
Phone : (0361) 2516564 / 2633529 Phone : (080) 26756671-73
E-mail : milguw@macmillan.co.in E-mail : manohar@bngm.ubspd.com
Jaipur Madurai
B-48 Sahkar Marg, Opp. Imliwala Phatak, M/s. Selvi Book, Shop. 92, Nethaji Road,
Lai Kothi Scheme, Jaipur - 302015 Near New Arya Bhavan Signal,
Phone : (0141) 2741308 Madurai-625001.
E-mail : miljai@macmillan.co.in Phone : (0452) 4380169 / 2343510
Lucknow E-mail : selvibookshop@yahoo.com
17/1, Mudra Building, Trichy
Madan Mohan Malviya Marg, M/s. Golden Book House, No. 5, First Floor,
Lucknow-226001 Vignesh Aparna, New Bishop Heber Colleg,
Phone : (0522) 2209780 / 2208810 Vayalur Road, Puthoor, Trichy-620017
E-mail : milluc@macmillan.co.in E-mail : goldenbookhouse1@gamil.com
Mumbai Tanjore
404, Antariksh, Makwana Road, M/s. Sri Murugan Publications,
Off. Marol Maroshi Road, Marol, Raja Rajan Vanigga Valaga Arangam,
Andheri East, Mumbai-400059 Southrampet, Tanjore-613001
Phone : (022) 42152803/ 04 Phone : (04362) 272922 / 272168
E-mail : mumvpo@macmillan.co.in Palayamkottai
Mumbai M/s. Eagle Book Centre, 168 Trivandrum
Mercantile House, Magazine Street, Road, Opp to VOC Ground,
Reay Road (East), Mumbai-400010 Palayamkottai-627002
Phone : (022) 23724401 / 23726017 / Phone : (0462) 2578899
23741423 Trichy
Nagpur M/s. International Books, 76,
G9-11, Achraj Towers- II, Chhaoni, Nandhi Koil Street, Trichy-620002
Nagpur-440013 Phone : (0431) 2703743
Phone : (0712) 2593103 / 2552595 E-mail : intbok@yahoo.co.in,
E-mail : milngp@macmillan.co.in ntbok@gmail.com

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TUTORIAL / CONTACT PROGRAMMES

Tutorial / Contact programmes will be organized by the Institute / accredited

Institutions. For further details candidates may get in touch with Zonal Office
or logon to the Institute’s website www.iibf.org.in.

SYLLABUS

The details of the prescribed syllabus along with the relevant chapters
in the Book "Micro Finance - Perspectives and Operations" are furnished
below. However, keeping in view the professional nature of examinations,
all matters falling within the realm of the subject concerned will have to
be studied by the candidate as questions can be asked on all relevant
matters under the subject. Candidates appearing for the Examination should
particularly prepare themselves for answering questions that may be asked
on the latest developments taking place under the various subjects of the
said examination although those topics may not have been specifically
included in the syllabus. The Institute also reserves to itself the right to
vary the syllabus / rules / fee structure from time to time. Any alterations
made will be notified from time to time. Further, questions based on current
developments in banking and finance may be asked.

Candidates are advised to refer to financial news papers / periodicals

more particularly “IIBF VISION” and “BANK QUEST” published by the
Institute.

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 SYLLABUS

Microfinance

1. Why Microfinance?

2. What is Microfinance?

3. Microfinance as a Development Tool : The Indian Experience

4. Evolution and Character of Microfinance in India

5. Microfinance Delivery Methodologies

6. Legal and Regulatory Framework

7. Some Innovative and Creative Microfinance Models

8. Impact of Microfinance

9. Financial Products and Services

10. Revenue Models of Microfinance : Profitability, Efficiency and Productivity

11. Emerging issues

12. Risk Management

13. Basics of Banking

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 COURSES OF IIBF
A. Flagship Courses (for Members*)
☞ JAIIB
☞ CAIIB
☞ Diploma in Banking & Finance (Only for Non-Members)
B. Specialised Diploma Courses (for Members* and Non-Members**)
☞ Diploma in Treasury, Investment and Risk Management
☞ Diploma in Banking Technology
☞ Diploma in International Banking and Finance
☞ Advanced Diploma in Urban Co-operative Banking
☞ Diploma in Commodity Derivatives for Bankers
☞ Advanced Wealth Management Course
☞ Diploma in Home Loan Advising
C. Certificate Courses (for Members* and Non-Members**)
☞ Certificate in Trade Finance
☞ Certified Information System Banker
☞ Certificate in Anti-Money Laundering / Know Your Customer
☞ Certificate in Quantitative Methods for Bankers
☞ Certificate in Credit Cards for Bankers
☞ Certificate Examination in Banking Oriented Paper in Hindi
☞ Certificate Examination in SME Finance for Bankers
☞ Certificate Examination in Customer Service & Banking Codes and Standards
☞ Certificate Examination in CAIIB - Elective Subjects
☞ Certificate Examination in Basics of Banking / Credit Card Operations / Functions of
Banks for employees of IT Companies
☞ Certificate Course for Business Correspondents / Business Facilitators
☞ Certificate Examination for Debt Recovery Agents
☞ Certificate Examination in IT Security
☞ Certificate Examination in Rural Banking Operations for RRB Staff
☞ Certificate Examination in Prevention of Cyber Crimes and Fraud Management
☞ Certificate Examination in Foreign Exchange Facilities for Individuals
☞ Certificate Examination in Microfinance
D. Specialised Blended Certificate Courses
☞ Certified Bank Trainer
☞ Certified Banking Compliance Professional
☞ Certified Credit Officer
☞ Certified Treasury Dealer
☞ Project Finance Management with IFMR, Chennai
E. Management Courses
☞ Advanced Management Program
☞ CAIIB linked MBA with IGNOU.
Educational support :
☞ Publishing specific courseware for each paper / examination and Workbooks etc.
☞ Classroom learning through Accredited Institutions, Video Classes, e-learning
through Portal, Contact Classes or Campus Training - Model Questions and subject
updates on the net
Other activities :
☞ Research, Seminars, Conferences, Lectures, etc.
☞ Publications of books, Daily e-newsletter, monthly newsletter and quarterly journal
☞ Training & Consultancy and Financial Education
* Members are employees of Banks and Financial Institutions who have enrolled as
members of IIBF.
** Non-Members are eligible candidates for each course / examination without IIBF
Membership.
The Rules & Syllabus and other information pertaining to the examinations are available with
Institute's Offices at Mumbai, Chennai, New Delhi, Kolkata and also at such other centers / offices
as may be notified from time to time. The same is also available at our website www.iibf.org.in.

7
 MEMBERS OF THE GOVERNING COUNCIL (As on 01/01/2013)
PRESIDENT Shri B. A. Prabhakar, Chairman &
Shri K. R. Kamath, Chairman & Managing Managing Director, Andhra Bank
Director, Punjab National Bank Representing Financial Institutions
VICE PRESIDENTS Shri T. C. A. Ranganathan, Chairman
Shri M. V. Tanksale, Chairman & Managing & Managing Director, Export - Import Bank
Director, Central Bank of India of India
Shri Rana Kapoor, Managing Director & Representing Private Sector Banks
Chief Executive Officer, YES Bank Shri Ananthakrishna, Chairman & Managing
Representing Reserve Bank of India Director, Karnataka Bank Ltd.
Shri S. Karuppasamy, Executive Director Representing Co-operative Banks
Representing State Bank of India and its Shri S. K. Banerji, Managing Director,
Associate Banks The Saraswat Co-op. Bank Ltd.
Shri Pratip Chaudhuri, Chairman, State Representing other Bodies / Experts
Bank of India
Prof. Y. K. Bhushan, Senior Advisor, ICFAI
Shri B. V. Choubal, Deputy Managing Business School
Director & CDO, State Bank of India
Shri Allen C. A. Pereira, Director, National
Shri M. Bhagavantha Rao, Managing
Institute of Bank Management (NIBM)
Director, State Bank of Hyderabad
Dr. K. Ramakrishnan, Chief Executive,
Representing Public Sector Banks
Indian Banks’ Association (IBA)
Shri Arun Kaul, Chairman & Managing
Prof. H. Krishnamurthy, Cheif Research
Director, UCO Bank
Scientist, Indian Institute of Science
Shri M. Narendra, Chairman & Managing
Director, Indian Overseas Bank Shri B. Sambamurthy, Director, Institute
for Development and Research in Banking
Shri T. M. Bhasin, Chairman & Managing
Technology
Director, Indian Bank
Shri A. S. Bhattacharya, Director, Institute of
Smt. Vijayalakshmi Iyer, Chairperson &
Banking Personnel & Selection
Managing Director, Bank of India
Smt. Shubhalakshi Panse, Chairperson & From IIBF
Managing Director, Allahabad Bank Dr. R. Bhaskaran, Chief Executive Officer

ADDRESSES FOR CONTACT

Corporate Office :
Indian Institute of Banking & Finance
Kohinoor City, Commercial-II, Tower-1, 2nd Floor,
Kirol Road, Kurla (West), Mumbai - 400 070
Tel : 022-2503 9746 / 9604 / 9907 Fax : 022-2503 7332
E-mail : iibfgen@bom5.vsnl.net.in
Northern Zonal Office : Western Zonal Office :
Indian Institute of Banking & Finance Indian Institute of Banking & Finance
109-113, Vikrant Towers, 1st Floor, 191-F, Maker Towers, 19th Floor,
4, Rajendra Place, New Delhi - 110 008 Cuffe Parade, Mumbai - 400 005
Tel. : 91-011-2575 2191/92 Tel. : 022-2218 3302 / 2218 5134
Fax : 91-011-2575 2193 Fax : 022-2218 0845
E-mail : iibfnz@iibf.org.in E-mail : iibfwz@iibf.org.in
Quality Printers (I) Ph. 24922297

Southern Zonal Office : Eastern Zonal Office :

Indian Institute of Banking & Finance Indian Institute of Banking & Finance
No.94, Jawaharlal Nehru Road, 408, 'Anandlok', 'A' Block, 4th Floor,
(100 Feet Road), Opp. Hotel Ambica 227, Acharya J. C. Bose Road,
Empire, Vadapalani, Chennai - 600 026 Kolkata - 700 020
Tel. : 044-2472 2990/2472 7961 Tel. : 033-2280 9681/82/83
Fax : 044-2472 6966 Fax : 033-2280 9680
E-mail : iibfsz@iibf.org.in E-mail : iibfez@iibf.org.in