Source: safalta.com
JAIIB Salary
After clearing JAIIB Exam there are increments in the salary of employees working in various banks. As per the guidelines of the Indian Bank Association, any permanent bank employee who is from PSUs (one of the members of IBA) is eligible to get salary increments after passing the JAIIB exam. Their details are as follows:- JAIIB for Clerks - 1 increment in salary
- JAIIB for Officers Grade - 1 increment in salary
If a banker has basic pay of 11765/-, then after passing the JAIIB exam, he will get 1 increment, meaning his new basic pay will be: Rs 11765 + Rs 655= Rs 12420 /-
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JAIIB Salary: Non-Monetary Benefits
Besides monetary benefits, there are non-monetary benefits attached too. they are:- One can gain better knowledge about banking.
- There are better prospects of promotion.
- They are eligible for better and demanding postings, with a chance of growth.
- Advanced knowledge in their field of work.
- Better ability to make decisions in fields of Treasury Management, Risk Management, Balance Sheet Management, Credit Management, International Banking, Economic Analysis, etc.
- Internal promotions in banks.
- Increase in confidence in your day to day activities at work.
Job Profile After Clearing JAIIB
Clerk Post: The people working on Clerical Jobs have high chances of being promoted to Probationary Officers level. With more responsibilities and roles.
PO Post: PO will be promoted to the next managerial level. The added responsibilities will be loan sanctioning, developing and promote good products from the bank's perspectives, etc. Or they may continue at the same level but at higher pay.
To know more read here.
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JAIIB Salary FAQs
Q. Who conducts JAIIB Exam?
A. The JAIIB Exam is conducted by the Indian Institute for Banking & Finance.
Q. Are there increments in the salary of the Bank Clerk after clearing the JAIIB Exam?
A. Yes, there is one increment in the salary of the Bank Clerk after clearing JAIIB Exam.
Q. How are many increments are there in the salary of an officer after clearing JAIIB Exam?
A. There is one increment in the salary of an officer after clearing JAIIB Exam.
Q. How many times is JAIIB Exam conducted in a year?
A. JAIIB Exam is conducted twice a year.