How much salary is increased after clearing JAIIB and CAIIB?

A common question among JAIIB and CAIIB aspirants is, “How much will my salary increase after passing these flagship courses?” The JAIIB (Junior Associate of the Indian Institute of Bankers) and CAIIB (Certified Associate of the Indian Institute of Bankers) are  important courses offered by the Indian Institute of Banking and Finance (IIBF) for professionals in the banking and financial sector.

Candidates must first clear the JAIIB exam before they can attempt the CAIIB exam. Upon successfully passing both the JAIIB and CAIIB exams, candidates receive promotions and salary increments. In this article, we have discussed into the salary hikes associated with qualifying for these promotional examinations.

How much Salary is increased after clearing JAIIB?

To get an increment in salary aspirants appear for JAIIB Exam and after qualifying JAIIB Exam they receive the increments. Increments are of 2 types:

• 1 Increment in salary after qualifying JAIIB Exam for Clerical Grade
• 1 Increment in salary after qualifying JAIIB Exam for Officers Grade

How much Salary is increased after clearing CAIIB?

CAIIB is a promotion-driven exam and the salary of both the clerk and officer grade employees get increased after qualifying for the CAIIB Exam. In-hand salary of an employee increases from their previous salary after passing the CAIIB Exam.

• For Clerk Grade Employees-

Employees serving as clerks in Public Sector Banks will receive two increments in their salary after clearing the CAIIB Exam.

• For Officer Grade Employees-

After qualifying CAIIB officer grade employees will get two increments in their salary.

Benefits of JAIIB/CAIIB in Designation of Posts for an Officer

A newly joined officer comes under the Junior Management Grade- Scale 1 post. After qualifying JAIIB/CAIIB Exams they will get an increment and will be promoted. To get promoted from one scale to the other they will have to qualify for the internal promotional exams in which the marks of JAIIB/CAIIB will play an important role.

• Middle Management Grade- Scale 2- Manager
• Middle Management Grade- Scale 3- Senior Manager
• Senior Management Grade- Scale 4- Chief Manager
• Senior Management Grade- Scale 5- Assistant General Manager
• Top Management Grade- Scale 6- Deputy General Manager
• Top Management Grade- Scale 7- General Manager

JAIIB RBWM Exam Analysis 2024, 9th November 2024

Benefits of JAIIB/CAIIB in Designation of Posts for a Clerk

After qualifying JAIIB/CAIIB the clerks will get an increment in their salary. The marks scored by an aspirant in the JAIIB & CAIIB Exams will be helpful in the internal promotions. The chronological order of designation for a clerk is listed below.

• Junior Management Grade-Scale 1- Officer
• Middle Management Grade- Scale 2- Manager
• Middle Management Grade- Scale 3- Senior Manager
• Senior Management Grade- Scale 4- Chief Manager
• Senior Management Grade- Scale 5- Assistant General Manager
• Top Management Grade- Scale 6- Deputy General Manager
• Top Management Grade- Scale 7- General Manager

A clerk can get promoted to the post of officer through two different methods. One of the ways is through the normal or seniority method and the other is the merit or fast track method. Under the normal/seniority method, an employee has to pass the written exam to get selected as an Officer. For this qualification of JAIIB and CAIIB is not essential as they are promoted based on their experience and seniority. In the fast track/merit channel an employee must have a graduate/postgraduate degree, a minimum of 2 years experience as a clerk, and also they should have the JAIIB and CAIIB certifications.