IRDA 2024: Full Form, Fees, Mock Tests, Syllabus, Hall Ticket

Hafsha Qureshi
Hafsha Qureshi

Updated on - Feb 23, 2024

IRDA 2024 exam notification will be released soon by the IRDA authorities on the official website. IRDA exam 2024 exam is conducted by the Insurance Institute of India. IRDA 2024 is expected to be held in Jun 2024.

IRDA exam 2024 is one of the first general insurance companies to be established in India. IRDA exam sets the rules, regulations, and guidelines for Indian Insurance Companies. It regulates fair practices to protect the customers' interests in the Insurance market. The results of the IRDA exam 2024 are expected to be announced soon.

IRDA exam 2024 is a delightful opportunity for the Indian youth to get a respectable job in the Government sector. In the Insurance sector of India, IRDA is the highest regulating body. Read along to know all the details regarding the IRDA exam 2024.

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Table of Contents

IRDA Exam 2024 Date 

IRDA Exam 2024 dates will be announced soon. IRDA online exam 2024 will be conducted when a set of applicants will apply for it and the conducting body (Insurance Institute of India) will be organizing the test accordingly.

Events of the IRDA Exam Dates
Beginning of Online Application Apr 2024
Last date of Online Application Apr 2024
Slot Booking May 2024
IRDA Exam Dates Jun 2024
IRDA Result 2024 To Be Updated

About IRDA Exam

IRDA stands for the Insurance Regulatory Development Authority of India. IRDA was introduced in August 2000. It was established to develop the Insurance sector and provide financial support to the Indian household. IRDA is the supervisory body that regulates all the insurance companies in India, including both Life Insurances & General Insurances companies.

While monitoring all these activities, IRDA also observes and regulates the development of these industries. IRDA Exam is conducted to recruit Insurance agents for various insurance companies. IRDA exam is also known as Insurance Agent Exam or IC-38 exam. 

Qualifying IRDA Exam 2024 will get an applicant a License of Insurance valid for 3 years. After the expiry of that license, that candidate will need to attend a 25-hour physical training course to extend it to 3 years. They will be issued a Renewal Certificate for it.

Roles & Responsibilities of IRDA

  • To safeguard the interest of policyholders.
  • Keeps a check on scams and fraud by setting standards and conducting vigilance.
  • Ensure fair dealing in the market.
  • Regulates the development of other Insurance Companies to benefit the customers who are investing in policies seeking safety.

IRDA 2024 Posts Offered

The list of posts for which the IRDA exam 2024 is conducted is given below.

  • Assistant Manager
  • Manager (Grade B)
  • Assistant General Manager (Grade C)
  • Deputy General Manager (Grade D)
  • General Manager (Grade E)
NIACL AO 2024 OICL Recruitment

IRDA Exam 2024 Highlights

IRDA Exam 2024 Highlights
Exam name IRDA Exam 
Full Form Insurance Regulatory and Development Authority Exam
Conducting Authority Insurance Regulatory and Development Authority of India
Mode of Exam Online
Number of Questions 50
Time Allotted 1 hour
Maximum Marks 50 marks
Official Website www.irdai.gov.in

IRDA Exam 2024 Eligibility

Candidates who are applying for the IRDAI exam 2024 should check the eligibility criteria before registering. The educational qualification and age limit criteria to be eligible for the IRDA exam 2024 are given below.

IRDA Educational Qualification 2024

A candidate should have qualified 10+2 class in the case of urban areas. In the case of rural areas, the candidate's class 10th marks will be considered. Candidate has to be 10th class pass if he/she lives in a rural area with a population of less than 5000.

IRDA Age Limit 2024

  • The candidate's age must be above 18 years.
  • There is no upper age limit to apply for the IRDA exam 2024.

IRDA Reservation Criteria 2024

Candidates belonging to the reserved category have few relaxations in the upper age limit. The details are given below.

  • Scheduled Caste(SC)/Scheduled Tribe(ST) – 5 years
  • Other Backward Caste(OBC) category – 3 years
  • PwD candidates- 10 years

IRDA Exam 2024 Application Form

IRDA Exam registration 2024 Window will open soon. Before applying for the IRDA exam 2024, the interested candidate will have to get 50-hour training from a training institute that is IRDA approved to act as a Life or General Insurance agent.

The candidates who have to become Composite (Life & General) Insurance Agents have to complete 75 hours of training. Candidates will have to fill out the form for the IRDA exam 2024 with the correct details. After that, they will need to pay the registration IRDA exam fee.

IRDA Exam Fee Online Payment 2024

Candidates will have to pay the IRDA Exam fees of Rs 500 and Rs 500 Examination fees per subject. Candidates will need to type the unique registration number (URN) and then they will be redirected to the page on which they have to pay the IRDA exam fee via Credit/Debit Card/Net Banking.

More than 35 bank options will be present for the NSEIT online payment of the fee. Transaction fees and Service Tax will be applicable to the IRDA exam payment of fees as per the bank norms. After the IRDA exam payment is successfully done online, candidates will receive the IRDA exam 2024 schedule the next day.

IRDA Hall Ticket 2024 

IRDA exam 2024 slot booking will open for candidates after the before-mentioned process. Candidates will have to download the admit card for the IRDA exam 2024 from the official website.

IRDA exam authority will not be sending the IRDA Hall Ticket 2024 to the candidates via post/courier. Hence, the candidates should download the IRDA exam admit card as long as there is a deadline to download that.

Candidates must bring the IRDA Admit card along with a valid photo identity proof such as a Voters ID, Driving License, Passport, Aadhar card etc to the exam centre

Contents of IRDA Exam Hall Ticket 2024

The IRDA Exam Hall Ticket of the candidate will have the following information on it:

  • Name of the Candidate
  • Father's Name
  • Name of the allotted exam centre
  • Address of the allotted exam centre
  • Exam centre code
  • Photograph of the candidate
  • Signature of the candidate

How to Download IRDA Exam 2024 Hall Ticket?

To download the IRDA Exam 2024 Hall Ticket, candidates must follow these steps:

  • Step 1: Visit the official website of IRDA.
  • Step 2: Search for the link "IRDA 2024 Admit Card Download."
  • Step 3: Enter login credentials.
  • Step 4: Download the admit card & take the printout of the same.

IRDA Exam 2024 Centres

Students can find the nearest possible exam centre located at their location by going to the official website of the Insurance Institute of India (iiiexams.org).

To check the nearest location of the exam centre, students will need to input the PIN code of their location. Afterward, it will display the test centres with their codes. Candidates must choose the exam centre of their choice at the time of filling out the application form.

IRDA Exam Centres 2024
IRDA Exam Centres 2024
Adilabad Dibrugarh Malda Tirunelveli
Agartala Dimapur Mandi Tirupathi
Agra Dungarpur Mandsaur Trichy
Ahmedabad Durgapur Mangalore Tumkur
Ahmednagar Eluru Meerut Udaipur
Aizawl Etawah Moradabad Valsad
Ajmer Faizabad Motihari Varanasi
Akola Ferozepur Mumbai Andheri Vellore
Aligarh Gandhidham Muzaffarpur Vijaywada
Allahabad Gandhinagar Mysore Vizag
Almora Gangtok Nagaur Vizianagaram
Alwar Gaya Nagpur Warangal
Amaravati Golaghat Nalgonda Yamunanagar
Amreli Gorakhpur Nanded Azamgarh
Amritsar Gulbarga Nashik Ballia
Anantapur Guna Navi Mumbai Balurghat
Ankleshwar Guwahati Nellore Baragarh
Arrah Gwalior Nizamabad Barpeta
Aurangabad Haldwani North Lakhimpur Baruipur
Bagalkot Hassan Ongole Bhilwara
Balangir Hazaribaug Orai Bulandshahar
Bangalore Hissar Palanpur Contai
Bankura Hoshangabad Panjim Cuttack
Banswara Hoshiarpur Parbhani Dindigul
Barddhaman Howrah Pathanamthitta Erode
Bareilly Hubli Pathankot Faridabad
Barmer Hyderabad Patiala Gondia
Baroda Imphal Patna Guntur
Barwani Indore Pondicherry Jaisalmer
Bathinda Itanagar Port Blair Jalna
Beed Jabalpur Pratapgarh Kaithal
Begusarai Jagdalpur Pune Kalyan
Belgaum Jaipur Purnea Mehsana
Bellary Jalandhar Purulia Munger
Berhampore Jalgaon Raichur Muzaffarnagar
Berhampur Jammu Raipur Namakkal

IRDA Exam Centres 2024

The list of exam centres where the IRDA Exam 2024 is conducted is given below.

IRDA Exam Centres 2024
IRDA Exam Centres 2024
Bhadrak Jamnagar Rajahmundry Nandurbar
Bhagalpur Jamshedpur Rajkot Sangrur
Bharatpur Jeypore Ranchi Thane
Bhavnagar Jhabua Ratnagiri Udupi
Bhopal Jhansi Rewa Wardha
Bhubaneshwar Jind Rewari Karur
Bijapur Jodhpur Rohtak Manchierial
Bikaner Jorhat Rourkela Palakkad
Bilaspur Junagadh Sagar Pithoragarh
Bokaro Kadapa Saharsa Tezu
Bongaigaon Kannur Salem Tikamgarh
Calicut Kanpur Sambalpur Ambikapur
Chakardharpur Karimganj Satara Amethi
Chandigarh Karimnagar Satna Bageshwar
Chandrapur Karnal Seoni Balaghat
Chennai Kattapana Shahdol Balasore
Chhapra Kendrapara Shillong Banglore
Chhattarpur Keonjhar Shimla Baripada
Chickaballapur Khammam Shimoga Betul
Chittorgarh Khandwa Sikar Bhandara
Cochin Kharagpur Silchar Chamba
Coimbatore Khargone Siliguri Chhindwara
Cooch Behar Kolhapur Sirsa Gonda
Dahisar Kolkata Sitapur Gurugram
Daltonganj Kollam Siuri Jajpur
Davangere Korba Solapur Katni
Dehradun Kota Sriganganagar Mandla
Dehri Kottayam Srikakulam Neyveli
Delhi Krishnagiri Srinagar Palvancha
Deoghar Krishnanagar Surat Raebareli
Dhanbad Kurnool Surendranagar Raigarh
Dharamsala Latur Tezpur Srinagar (Uttarakhand)
Dharmanagar Lucknow Thanjavur Tanuku
Dhenkanal Ludhiana Thiruvananthapuram Uttarkashi
Dhubri Madurai BT Thiruvannamalai Vidisha
Dhule Mahabubnagar Thrissur -

IRDA Exam 2024 Pattern

Candidates appearing for the IRDA exam 2024 must have a clear idea about the pattern of both the Prelims and Mains exams. They must know the types of questions, marking scheme, exam duration, and other patterns before attempting the paper.

The IRDA Exam 2024 pattern is set by the conducting body of the IRDA exam. The IRDA exam pattern 2024 comprises three stages

  • Phase I: Prelims Exam
  • Phase II: Mains Exam
  • Phase III: Interview

IRDA Exam 2024 Pattern Prelims

  • The IRDA 2024 Prelims exam is an online objective-type exam. A total of 4 sections in each section comprises 40 questions.
  • Candidates can write the paper in these two languages: Hindi or English except for the English Language Section.
  • +1 mark is awarded for each correct answer. There will be a deduction of 1/4 mark for every wrong response.
IRDA Exam Pattern 2024 - Prelims
Sections Number of Questions Marks Duration
Reasoning 40 40 90 minutes
English Language 40 40
Quantitative Aptitude 40 40
General Awareness 40 40
Total 160 160

IRDA Exam 2024 Pattern Mains

  • The IRDA 2024 Mains exam paper is of descriptive type. It comprises 3 sections which need to be completed in 3 hours.
  • Phase III of the IRDA exam is an interview/personality test.
  • Candidates will be shortlisted for interviews based on the overall marks obtained in the three sections of Phase I.
  • The final selection will be made on the basis of marks obtained in Phase II & Interview round.
IRDA Exam Pattern 2024 - Main
Sections Marks Duration
English 100 3 hours
Economic & Social Issues Impacting Insurance 100
Insurance & Management 100
Total 300

IRDA Exam Syllabus 2024

Candidates must have a clear idea about the IRDA Exam Syllabus 2024. The Insurance related questions in the IRDA exam will be based on the following topics or syllabus.

Other than the insurance questions, the IRDA Exam syllabus also comprises English language, quantitative aptitude, reasoning, general awareness, etc. 

Common Chapters

  • Introduction to Insurance
  • Customer Service
  • Grievance Redressal Mechanism
  • Regulatory Aspects of Insurance Agents
  • Legal Principle of an Insurance Contract

Life Insurance

  • What Life Insurance involves
  • Financial Planning
  • Life Insurance Products 1 and 2
  • Applications for Life Insurance
  • Pricing and valuation in Life Insurance
  • Documentation- Proposal Stage and Policy condition
  • Underwriting
  • Payments under a Life Insurance Policy

Health Insurance

  • Introduction to Health Insurance
  • Insurance Documentation
  • Health Insurance Products
  • Health Insurance Claims
  • Health Insurance Underwriting

Other Insurance-Related Topics

  • Providing Technical Product Information
  • Providing professional advice
  • Fulfilling legal and regulatory requirements
  • Understanding Customer Protection and Ethics

IRDA 2024 Mock Test 

Candidates can take a mock test for the IRDA exam 2024 to know the pattern of the examination. The original IRDA exam will have questions with 5 possible options. It will be a multiple-choice question (MCQ) paper.

The candidates can apply for the IC 38 mock test at iiiexams.org/demoexams/examDetails.html.

IRDA Exam 2024 Result 

IRDA exam 2024 results will be declared by the IRDA authorities. The result will be declared in the form of a merit list. Candidates will be able to download their scores from the official website.

How to Download IRDA 2024 Result?

To download the IRDA 2024 result, candidates must follow the step-by-step process given below:

  • Step 1: Candidates need to visit the official website of IRDA - www.irdai.gov.in
  • Step 2: On the home page, search for the IRDA Result 2024. A new page will be redirected where candidates need to enter their credentials.
  • Step 3: The IRDA exam merit list will be displayed on the screen. Candidates must download and take a printout of the result for future reference.

IRDA 2024 Contact Details

In case of any queries/doubts related to the IRDA exam and recruitment, candidates can contact at the given address below.

  • Address: Insurance Regulatory and Development Authority of India, Hyderabad (Head Office), Sy No.115/1, Financial District, Nanakramguda, Gachibowli, Hyderabad-500032
  • Phone: Ph: (040) 20224000 
  • Email: tech.support@nseit.com (Monday to Saturday between 9:30 AM to 5:30 PM)

FAQs

How to become an Insurance Agent?

To become an Insurance Agent, candidates should have qualified the IC 38 IRDA Exam.

Who conducts IRDA Pre Recruitment Exam?

Insurance Institute of India conducts the IRDA Exam on the behalf of Insurance Regulatory and Development Authority.

To become an Insurance Advisor, what are the eligibility criteria?

As per the Regulation 4 of the IRDA (licensing of Insurance Agents), in an urban area, candidates who have qualified 12th are eligible to apply. While in rural areas, candidates who have qualified 10th are eligible to apply if the population is less than 5,000.

Does a candidate need to attend the training?

It is mandatory for the candidates to attend 50-hours training from an IRDA approved training institution in order to act as a Life or General Insurance Agent. In case, the candidate is applying for the license for the first time to act as an agent will require to complete a traning of 75 hours.

How will the IRDA Exam be conducted (Online or offline)?

IRDA Exam will be conducted Online only. No exam will be conducted offline for IRDA.

What will the validity of IRDA IC 38 Certificate be?

The validity of the certificate will be for a period of three years.

Do I need to write the IRDA Exam again after the validity of my certificate has expired?

No, the candidates need not to write the IC 38 Exam for renewal of their license. They just need to get a practical training of 25 hours in order to renew their license after a chunk of 3 years.

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