Indian Institute of Banking and Finance is a private institute and located in city Mumbai state of Maharashtra. The college offers one course i.e. Diploma in Banking and Insurance. The mission of college is to develop professionally qualified and competent bankers and finance professionals primarily through a process of education, training, examination, consultancy / counseling and continuing professional development programs. The vision of college is to be premier Institute for developing and nurturing competent professionals in banking and finance field.

The main objective of college is to facilitate study of theory and practice of banking and finance and promote and undertake research relating to Operations, Products, Instruments, Processes, etc., in banking and finance and to encourage innovation and creativity among finance professionals so that they could face competition and succeed. The college has all necessary facilities like library etc.