Banking Law

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Jul 31, 2023 14:53PM IST

Banking Law Overview

Banking Law courses are available at various educational levels, including graduation (3 years) and post-graduation (2 years). Additionally, there are certificate courses lasting from 6 months to 1 year, as well as diploma courses spanning 1 to 2 years. To be eligible for these courses, candidates must have completed 10+2 from a recognized board with a minimum of 50% marks or qualify in relevant entrance exams.

A wide range of institutes in India offer banking courses, catering to candidates interested in pursuing a career in the legal aspects of banking. These courses are available in both online and offline formats. Candidates can opt for certificate or diploma courses with a minimum 50% score in 10+2, or they can choose undergraduate banking law courses by qualifying in entrance exams such as CLAT, AILET, LSAT, and others. Similarly, for postgraduate banking law courses, entrance exams such as CLAT PG, LSAT, AILET PG, and others are required.

Upon completion of a banking course, graduates have access to various job roles, including Tax Assistant, Financial Advisor, Legal Analyst, Legal Financial Consultant, Compliance Officer, and more. The fee structure for banking courses is reasonably affordable and varies across different levels. Certificate courses typically range from INR 4,500 to 10,000, while diploma courses range from INR 7,500 to 20,000. Undergraduate banking courses may cost around INR 50,000 to 1,50,000, while postgraduate banking courses can range from INR 1,50,000 to 4,00,000.

Several esteemed institutions offer Banking Law programs, such as Raffles University in Neemrana, NLU Kochi, RTMNU Nagpur, Saurashtra University in Rajkot, and ICFAI Law School in Hyderabad, among others.

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Banking Law Course Highlights

What is Banking Law?

Banking law is a specialized area of law that offers students a comprehensive understanding of the legal framework governing the banking industry. The course encompasses various legal aspects related to banking, including banking regulations, investment policies, and both domestic and international perspectives. Key topics covered in the banking law course include banking contracts, financial privacy, regulatory compliance, consumer protection laws, and anti-money laundering regulations.

Furthermore, the course delves into the legal implications of electronic banking and digital currencies. It equips students with the knowledge and skills to address legal complexities such as bankruptcy, loan agreements, and insolvency. By studying banking law, students acquire the necessary expertise to navigate the intricate legal landscape of the banking industry, ensuring compliance and effective risk management.

Banking Law course is designed to equip participants with a comprehensive understanding of the banking system in India. Given that banking norms and regulations in the country evolve alongside changes in the economy and stock market, there is a growing demand for individuals who possess a deep understanding of the banking system and its associated laws.

This program offers informative sessions covering various aspects of banking, enabling participants to gain insights into the operations of public, private, and corporate banks. It can be particularly advantageous for individuals seeking to enter the banking, law, and financial consultancy sectors. However, it should be noted that candidates may need to pursue additional courses in conjunction with this program to enhance their knowledge and skills in these areas.

Banking Law Course Highlights 

The detailed highlights are tabulated below:

Course Name

Banking Law

Course Level


Course Stream

Commerce & Law

Course Duration

1.5 Years-2 Years

Course Type

Certificate/ Diploma Course

Eligibility Criteria


Selection Procedure


Course Fees

INR 10,000 per year

Job Prospects

Investment Advisor, Corporate Lawyer, Financial Advisor, Investment Banker

Placement Opportunities

Banking Sector, Auditing Firms, Accounting Departments, Non-Banking Companies Financial Companies

Top Recruiters

AZB & Partners, Luthra and Luthra Law Offices India, Khaitan & Co, Bharucha & Partners, Kochhar & Co., Phoenix Legal, HDFC Bank, IDFC Bank, Max Life Insurance, PNB Metlife, SBI Bank etc.

Average Salary

INR 4,50,000-INR 6,50,000


Also Read: Banking Law Courses: Subjects, Syllabus, Fees, Salary & Scope

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Banking Law Required Skill Set

Banking Law is a comprehensive field that combines expertise in both banking and law. Merely passing the exams for the Banking Law course is insufficient. While achieving certification is important, possessing the appropriate skill set is essential for standing out and building a successful career in banking law. Therefore, professionals aspiring to pursue Banking Law should possess or work towards acquiring the following skills in order to excel in their chosen career path.

  • Time-Management Skills
  • Diligence
  • Discipline
  • Empathy
  • Patience
  • Resilience
  • Quick Learner Abilities
  • Critical-Thinking Ability
  • Analytical Skills
  • Decision-Making Skills
  • Critical-Thinking Ability
  • Integrity
  • Excellent Communication
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Banking Law Eligibility Criteria

The eligibility criteria for Banking Law Course is shared below:

  • Candidates must have qualified Class 12 from a recognized board.
  • Candidates must have scored 50% marks in the board examination or other relevant examination

Also Read: Law Courses: Entrance Exams, Careers, Syllabus & Salary

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Scope of Banking Law

The scope of a banking law course is wide-ranging and presents numerous possibilities for individuals who have completed the program. 

The scope of a banking law course extends beyond these examples, with opportunities existing in areas such as arbitration, dispute resolution, and financial advocacy. It is important to note that career prospects may also be influenced by an individual’s overall qualifications, experience, and networking capabilities.

There are various potential career avenues and areas where knowledge of banking law can be applied:

  • Banking Industry: Graduates of a banking law course can secure employment within different sectors of the banking industry, including public, private, and corporate banks. They can work in legal departments, compliance divisions, risk management, and regulatory affairs, ensuring adherence to banking laws and regulations.
  • Legal and Compliance Firms: Law firms and legal consulting companies actively seek professionals with expertise in banking law to provide legal advice and support to clients in the banking sector. Compliance firms also require specialists to ensure regulatory compliance for financial institutions.
  • Financial Regulatory Authorities: Banking law professionals have opportunities to work in regulatory bodies such as the Reserve Bank of India (RBI) or the Securities and Exchange Board of India (SEBI). They contribute to formulating and implementing banking policies and regulations.
  • Corporate Sector: Companies operating in fields closely related to banking, such as finance, investment, or insurance, often require professionals with a solid understanding of banking law to navigate legal and regulatory challenges.
  • Government Organizations: Government agencies involved in financial oversight, policy-making, and enforcement, such as the Ministry of Finance or the Ministry of Corporate Affairs, offer prospects for banking law experts to contribute to the development and implementation of banking regulations.
  • Academia and Research: Graduates can pursue teaching or research positions in educational institutions, specializing in banking law, financial regulation, or related areas. They can contribute to academic research, policy analysis, and legal scholarship in the field.
  • Legal Advisory and Consultancy: Professionals with knowledge of banking law can establish their own legal advisory or consultancy firms, providing specialized services to banks, financial institutions, and clients seeking banking-related legal expertise.

Also Read: Diploma in Banking & Finance: Course Details

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Banking Law Admission Process 2023

Students can follow the information provided below to understand the banking law admission process 2023:

  • After successfully completing their class 12 exams, candidates have the opportunity to apply for this programme by visiting the official website of the college or university that offers the course. 
  • The admission process involves a direct evaluation of the students' original documents, including passing certificates, transfer certificates, and class 10 and class 12 mark sheets.

Also Read: List of Law Courses in India: Courses, Admission

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Banking Law Entrance Exams

There are numerous entrance exams conducted for the Banking Law course such as CLAT, AILET, MH CET Law, LSAT- India etc. In some institutions admission is also granted on the basis of merit or qualifying institutes own banking law entrance exam.

Banking Law Entrance Exams Dates 2023

The Banking Law entrance exam dates are mentioned in the table below:

Entrance Exam Registration DetailsExam Details

CLAT 2024

(UG & PG)

TBA03 December 2023
AILET 2024August 07, 202310 December 2023
LSAT 2023

11 January 2023

May 2023

22 January 2023

08-10  June 2023

MH CET Law 2023March 2023

5 Year LLB- 20 April 2023 

3 Year LLB- 02-03 May 2023

Banking Law Entrance Exam Preparation 

Preparing for banking law exams requires a strategic approach and effective study techniques. Here are some tips to help you excel in your banking law exam preparation:

  • Familiarize yourself with the exam syllabus and understand the topics, concepts, and areas to be covered. This will help you create a study plan and prioritize your preparation accordingly.
  • Develop a study schedule that allows you to allocate sufficient time to each subject or topic. Break your study sessions into manageable segments and set specific goals for each session. Consistency and discipline are key.
  • Gather all the necessary study materials, including textbooks, reference books, online resources, past exam papers, and study guides. These resources will provide comprehensive coverage and help you grasp key concepts.
  • Review your lecture notes thoroughly, focusing on important points, case studies, and examples discussed in class. Supplement your understanding with additional readings and research to deepen your knowledge.
  • Solve past exam papers to familiarize yourself with the exam format, time constraints, and question types. Assess your knowledge, identify areas that require more attention, and learn from your mistakes.
  • Seek clarification from your teachers, professors, or classmates if you encounter doubts or difficulties with certain topics. Engage in group discussions or join study groups to exchange ideas and gain different perspectives.
  • Condense your notes into concise revision summaries, highlighting key points, important cases, and legal principles. These summaries will serve as valuable references during your final revision and reinforce your understanding.
  • Practice time management by setting time limits for answering questions or taking timed mock tests. This will train you to effectively manage your time during the actual exam and complete all tasks within the allotted time.
  • Stay updated with recent developments in banking laws and regulations. Keep track of recent case laws, amendments, and significant legal precedents to demonstrate your current knowledge and understanding of the subject.
  • Prioritize your well-being by taking care of your physical and mental health. Get enough sleep, maintain a balanced diet, exercise regularly, and take breaks during your study sessions. These practices will enhance your concentration, focus, and overall performance.

Remember, these tips will help you prepare effectively for your banking law exams, but it is important to adapt them to your personal learning style and preferences.

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Banking Law Top Colleges

Banking Law course is offered by many colleges and universities in India. There are certain factors that one must keep in mind while selecting the banking law college for themselves, these determinants are mentioned below:

  • To make an informed decision, candidates should carefully review the information provided in college brochures regarding the services, benefits, and advantages of each institution.
  • Referring to updated rankings such as the NIRF Rankings and NAAC Grade can provide valuable insights.
  • Evaluating the placement history, available facilities, and other relevant details is essential.
  • Knowing the expertise, achievements, and updated teaching methods of the faculty is also crucial.
  • Comparing the fee structures of different colleges will help candidates find an option that fits their budget.
  • By comparing two banking law colleges, applicants can determine the better option between them.
  • Considering the location of the institution is another important factor in the selection process.
  • Lastly, the infrastructure of the institution should not be overlooked.

Some of the top banking law colleges along with their location and fee structure is mentioned below. The fee structure may vary depending upon location, ranking and placement statistics of the banking law college:

College Name


Average Fee Structure (per annum)

ICFAI Law School


INR 2,10,000

Global Law College



Maharishi Law School, Maharishi University of Information Technology


INR 1,60,000

Aurora Higher Education & Research Academy 


INR 3,00,000



INR 2,07,000

Raffles University


INR 7,65,000

RTMNU Nagpur


INR 1,23,000

Saurashtra University


INR 45,000

Gondwana University


INR 48,000

Shivaji University


INR 70,000

Swaminarayan University


INR 48,000


Also Read:  Top Colleges for LLB Banking & Insurance Law in India 

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Banking Law Course Fees

The fee for banking courses is quite affordable and differs at all levels; a banking certificate course fee ranges between INR 4,500 -10,000 while a banking diploma course fee is somewhere between INR 7,500 - 20,000. Further, undergraduate banking courses can cost around INR 50,000 - 1,50,000 and postgraduate banking course fee is around INR 1,50,000 to 4,00,000.

Also Read:  Top Colleges for LLM Banking & Insurance Law in India 

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Banking Law Syllabus

The syllabus of Banking Law includes both banking and law subjects. The syllabus of Banking Law may vary across institutes but in terms of order only. The common subjects remain the same. Some of the important topics from the Banking Law curriculum includes:

  • Commercial Banking in India
  • Phone Banking
  • Liquidating
  • Narrow Banking
  • Corporate Governance
  • Deposit Insurance Scheme
  • Automated Teller Machine
  • Net Banking and Internet Banking
  • Repayment Method and Venture Capital
  • Management of NPA
  • Gold Deposit Scheme
  • Profitability and Productivity in Commercial Banks
  • Multi-Dimensional Development
  • Universal Banking
  • Privatization of Banks
  • Bancassurance
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Banking Law Career Opportunities

Banking Law as a career option offers a wide range of amazing opportunities for graduates who have a deep interest in understanding the legal framework surrounding the banking industry, financial technology, international banking, corporate banking, and investment banking.

After completing a banking lock course, the banking log graduates can pursue various job profiles, such as financial consultant, legal advisor Compliance, officer, researcher, banking, and lawyer, the mentioned job profiles of four venues for working in regulatory bodies, academic institutions, law firms, financial institutions, and corporate legal departments of different MNCs. 

The salary of a banking law graduate depends upon various determinants, such as his or her job profile, the organization, he or she is employed in, as well as the years of experience one has in numerous employment sectors or demanding banking law graduate such as law, firm, specializing in finance in banking, regulatory bodies, government agencies, educational institutions, government, tax departments, government ministries, private banks, insurance companies, etc.

The nexus of legal knowledge, and banking expertise, equip the candidate to handle complex legal matters, provide strategic advice and contribute to the development and implementation of banking policy and ensure compliance with banking regulations.

Also Read:  Top Colleges for Banking & Insurance Law in India 

Banking Law Jobs

A Banking Law program is highly beneficial, but it is crucial to pursue it in conjunction with an LLBLLM, or a B.Com in Finance program to maximize job prospects upon completion. By combining these courses, candidates can unlock excellent job opportunities in corporate banks, financial consultancies, and corporate law firms. Some popular roles in this field include:

  • Financial Consultant/ Advisor: A professional who offers expert advice on financial matters to individuals, businesses, or organizations, taking into account banking laws and regulations.
  • Investment Advisor: An individual who provides guidance and recommendations on investment options and strategies to clients, considering the legal framework of the banking industry.
  • Corporate Lawyer: A legal professional specializing in corporate law, including banking regulations, who advises corporations on legal matters related to banking transactions, compliance, and contractual agreements.
  • Investment Banker: A professional who works in financial institutions, assisting clients in raising capital, mergers, and acquisitions, and providing strategic financial advice, with a strong understanding of banking laws and regulations.

Banking Law Salary

At the start of their career, candidates who complete a Diploma in Banking Law followed by a B.A. LLB can expect salary packages ranging from INR 1.2 lakh to INR 3 lakhs. As they gain experience in the banking and finance sector, their salaries have the potential to increase up to INR 4.50 to 6.50 lakhs per annum.

Banking Law Top Recruiters

Graduates of Banking Law are sought after by numerous legal firms, organizations, and educational institutes. Here are some of the leading legal firms that actively recruit Banking Law graduates:

  • AZB & Partners
  • Luthra and Luthra Law Offices India
  • Khaitan & Co.
  • Bharucha & Partners
  • Kochhar & Co.
  • Phoenix Legal
  • HDFC Bank
  • IDFC Bank
  • Max Life Insurance
  • PNB Metlife
  • SBI Bank
  • Adept Consulting Partners
  • Mancer Consulting Services
  • Gravitas Legal

These firms recognize the value and expertise that banking law graduates bring to their respective legal practices.

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FAQs about Banking Law

What is the basic minimum eligibility to pursue banking law course?

The basic minimum eligibility to pursue banking law course is 10+2.

Is banking law valid in India?

Yes, banking law course is valid in India.

What are various job profiles linked with banking law?

The various job profiles linked with banking law are banking lawyers, compliance officers, legal advisors, bankers, corporate lawyer, financial consultant etc.

What are some of the skills required to pursue banking law?

Diligence, discipline, empathy, patience, resilience and communication skills are some of therequired skills to pursue banking law.

How can I study banking law?

You can study banking law as a diploma ior certificate course or also as a specialisation under a undergraduate and postgraduate degree.

Is banking law a good career?

Yes, a career in banking law is very rewarding however can be stressfula nd challenging in initial years of service.

What are some of the popular recruiters who demand banking law graduates?

The popular recruiters who demand banking law graduates include AZB & Partners, Luthra and Luthra Law Offices India, Khaitan & Co., Bharucha & Partners, Kochhar & Co., HDFC Bank, IDFC Bank, Max Life Insurance, PNB Metlife, SBI Bank, Adept Consulting Partners etc.

What are some of the popular abanking law entrance exams?

Some of the popular abanking law entrance exams are CLAT, LSAT, AILET, MH CET Law etc.

What are some of the important topics taught while studying banking law?

Liquidating, corporate governance, deposit insurance scheme, automated teller machine, net banking and internet banking, repayment method and venture capital etc are some of the important topics taught while studying banking law.

Is there any national law university offering a banking law course?

NUALS Kochi offers a banking law course amongst the 26 NLUs in India. 

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Related Questions


Sukriti Vajpayee, CollegeDekho Expert

-Answered on Nov-07-2023

Dear student,

The course of Post Graduate Diploma in Law (PGD in Law) is not offered at Apex University, Jaipur. The university provides law programmes of the undergraduate and postgraduate levels only. If you meet the eligibility criteria for the programmes of LL.B or LL.M at Apex University then you can apply for admission to these programmes instead.

If you seek a good law college in Rajasthan that offers PGD in Law, you can check out Raffles University which is located in Neemrana. There are other law institutes in Rajasthan that prove diploma in law and are quite recognised and popular.

In order to find the best college for yourself, fill the Common Application Form (CAF) and get a chance to apply at multiple colleges with just one form. Upon the successful submission of the form, you will also be assigned an admissions expert who will contact you and understand all of your requirements. Based on your preferences, he/ she will give you the options of some of the best law college for you to take admission in.

For any admission related queries, please call on the toll-free student helpline number of CollegeDekho - 1800-572-9877. Do write back to us if you have more questions to ask.

Thank you.


Samiksha Rautela, Student / Alumni

-Answered on Sept-27-2023

Dear Student,

The fee for 1 year-long Certificate Course in Fashion Design varies from institute to institute. The fee range is anywhere between the range of ₹50,000 to ₹1,50,000 per annum depending on the college you have chosen.

Some of the top colleges that provide the course include the International Institute of Fashion Design, Navi Mumbai (₹1,28,000 per annum), NSAM Academy of Fashion & Interior Design, Navi Mumbai (₹50,000 per annum) and ARCH College of Design & Business, Jaipur (₹75,000 per annum).

To explore more about the course you can check out the List of Certificate Courses in Fashion Design in India and List of Certificate Courses in Design. If you are stuck or are confused about the college admissions, just dial the helpline number 1800-572-9877 (toll-free) or fill the Common Application Form.

For more queries, write back to us on the QnA zone.

Thank You


Samiksha Rautela, Student / Alumni

-Answered on Aug-21-2020

Dear Student,

You can visit Banking Law - Course Overview to get a brief understanding about the Diploma in Banking Law course. The top colleges that offer high-quality education across the aforementioned course are Raffles University (RU ), Neemrana and N. S. Soti Law College (NSSLC), Sangli.

For more information on the course stay tuned to CollegeDekho. In order to get admission related help in Diploma in Banking Law course, dial 1800-572-9877 (toll-free) or fill the CAF (Common Application Form). Have more questions? Write back to us in the QnA zone.

Thank You

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