DRA certificate fees

If you are making plans to become a Debt Recovery Agent (DRA) in India, passing the IIBF DRA certification examination is mandatory. This examination guarantees that agents running in banks and NBFCs observe felony and moral debt recovery practices. But earlier than you apply, you should realize approximately the dra certificate fees, eligibility, syllabus, and different details.

What You’ll Learn in This Blog:

✅ What is the DRA exam?

✅ Eligibility criteria for the examination

✅ DRA certificate expenses (2024 modern day replace)

✅ Exam pattern and syllabus

✅ How to apply for the examination

✅ Preparation guidelines to bypass on the primary strive

Let’s get started!

What is the DRA Certification Exam?

The Debt Recovery Agent (DRA) certification exam is carried out by the Indian Institute of Banking and Finance (IIBF). The examination is designed to teach experts in proper loan recovery strategies, making sure compliance with felony and moral practices.

✔ Regulated by way of: Reserve Bank of India (RBI)

✔ Conducted by way of: Indian Institute of Banking and Finance (IIBF)

✔ Purpose: Certification for individuals operating in mortgage collection and debt recovery

✔ Mode: Online examination

✔ Exam Format: Multiple-preference questions (MCQs)

✔ Validity: Lifetime certification (once exceeded, no want to reappear)

Who Needs the DRA Certification?

The RBI has made it obligatory for all specialists working in loan restoration and debt collection to skip the DRA certification examination. This includes:

👉 Bank-hired recovery agents

👉 Third-celebration mortgage collection sellers

👉 Call center executives handling loan healing

👉 Self-hired debt collection professionals

Now, allow’s check the DRA certificates prices and different associated prices.

DRA Certificate Fees 2025

The value of the DRA certification examination depends on whether you’re an IIBF member or a non-member. Below is the cutting-edge charge shape:

CategoryExam Fees (INR) Excluding GS

Additional Charges:

✔ Late registration charges: If you omit the software cut-off date, IIBF may additionally rate extra late prices.

✔ Re-exam expenses: If you fail the exam, you ought to pay the whole fee once more to reappear.

✔ Training expenses: Candidates should also pay for mandatory DRA training, which varies with the aid of institute.

💡 Tip: Always check the brand new rate structure on the IIBF professional internet site earlier than making use of.

Eligibility Criteria for DRA Certification

Before applying for the DRA examination, make sure you meet the eligibility necessities:

1. Educational Qualification

✔ Minimum 10th Pass (SSC) from a recognized board.

✔ Higher qualifications (Graduation/Post-commencement) are frequent.

2. Age Requirement

✔ Minimum age: 18 years

✔ No maximum age limit

3. Mandatory Training Hours

To qualify for the exam, candidates have to whole DRA schooling from an IIBF-accredited education institute.

QualificationTraining Hours Requiredtenth Pass (SSC)one hundred hoursGraduate or above50 hours

This training helps applicants recognize mortgage recuperation laws, purchaser communique, and moral practices.

How TDS on Insurance Premium Works in 2024: A Detailed Guide

Best Health Insurance Plans for Family 2025

Best Health Insurance Policy for Heart Patients in India

Best Health Insurance with OPD Coverage

Steps to IRDA certificate download

DRA Exam Pattern & Syllabus

The DRA examination consists of a couple of-desire questions (MCQs), and candidates need to attain as a minimum 50% marks to pass.

Exam Pattern:

✔ Total Questions: ninety MCQs

✔ Duration: 90 minutes

✔ Passing Marks: 50% (forty five accurate solutions)

✔ Mode: Online

Syllabus for DRA Certification:

The syllabus covers subjects related to debt healing and felony hints:

📌 Basics of Banking and Finance

📌 Principles of Lending & Loan Documentation

📌 Debt Recovery Mechanisms

📌 Legal Framework – SARFAESI Act, DRT Act, Lok Adalat

📌 Fair Practices Code & RBI Guidelines

📌 Soft Skills & Negotiation Techniques

📌 Ethics in Debt Recovery

✔ Study materials are available at the IIBF website and thru legal education institutes.

How to Apply for the DRA Certification Exam?

Step 1: Enroll for DRA Training

✔ Choose an IIBF-permitted schooling institute.

✔ Complete 50-100 hours of education (as in keeping with eligibility).

Step 2: Register for the DRA Exam

✔ Visit the IIBF internet site → www.Iibf.Org.In

✔ Click on ‘Examinations / Courses’ → Select DRA Exam

✔ Fill out the online utility shape along with your information.

✔ Upload necessary documents (ID evidence, qualification proof, training certificates).

Step 3: Pay the DRA Certificate Fees

✔ Pay on-line the use of Debit Card / Credit Card / Net Banking.

✔ Save the payment receipt for future reference.

Step 4: Appear for the Exam

✔ IIBF will send your exam date and login information through e-mail.

✔ Take the on-line check at the scheduled time.

Tips to Pass the DRA Exam at the First Attempt

✅ Complete training seriously – Most questions are based totally on the education content material.

✅ Study from IIBF substances – Download books from the IIBF internet site.

✅ Attempt mock exams – Solve preceding papers and on line test series.

✅ Improve negotiation skills – Many questions are scenario-primarily based.

💡 Bonus Tip: If you fail, don’t worry! You can reappear for the examination by paying the DRA certificate fees again.