Latest Banking jobs   »   How much salary is increased after...

How much salary is increased after clearing JAIIB and CAIIB?

How much salary is increased after clearing JAIIB and CAIIB? A question that arises in the mind of JAIIB and CAIIB aspiring candidates is “How much salary will get increased after clearing JAIIB and CAIIB?” JAIIB(Junior Associate of the Indian Institute of Bankers) and CAIIB(Certified Associate of Indian Institute of Bankers) are the flagship courses conducted by the Indian Institute of Banking and Finance(IIBF) for the employees of the banking and financial sector. A candidate has to first crack the JAIIB Exam and then only they can appear in the CAIIB Exam. After qualifying JAIIB and CAIIB Exam aspirants are promoted and they receive an increment in their salary. In the article, we have discussed the increment in salary after clearing JAIIB and CAIIB Exam.

How much salary is increased after clearing JAIIB?

To get an increment in the 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

If a banking employee receives basic pay of 11765/-, then after passing the JAIIB exam, he will get 1 increment. His/her new basic pay will be Rs11765+ Rs655=Rs12420. The complete details of the increment in basic pay and allowances are mentioned below.

Details Amount
Increment after JAIIB 655
Dearness Allowance 172
House Rent Allowance@7.5% 50
Travel Allowance Actuals
Special Allowance Not Related
Net Increase per month 877
Net Increase per Year 10524
  • 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 the CAIIB Exam. In-hand salary of an employee increases from their previous salary after passing CAIIB Exam.

  • For Clerk Grade Employees-

Employees serving as a clerk in Public Sector Banks will receive two increments in their salary after clearing CAIIB Exam. In the table below the increment in the salary of a clerical grade employee after qualifying CAIIB is given.

Details  Amount
Increment after CAIIB 655*2=1310
Dearness Allowance 344
House Rent Allowance @ 7.5% 100
Travel Allowance Actuals
Special Allowance Not Related
Net Increase per month 1754
Net Increase per year 21048(Increment of JAIIB not included)
  • For Officer Grade Employees-

After qualifying CAIIB Exam 2022 officer grade employees will get one increment in their salary. For officer grade employees the increment in the salary is provided in the table below.

Details Amount
Increment after CAIIB 980
Dearness Allowance 255
House Rent Allowance @7.5% 74
Travel Allowance Actuals
Special Allowance Not Related
Net Increase per month 1309
Net Increase per year 15708

 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 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

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 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 way is through the normal or seniority method and the other is 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 on the basis of their experience and seniority. In the fast track/merit channel an employee must have graduate/postgraduate degree, minimum 2 years experience as a clerk and also they should have the JAIIB and CAIIB certification.

Related Posts:

JAIIB November Exam Date 2022  JAIIB November Online Registration 2022
JAIIB Syllabus 2022
JAIIB AFB Syllabus 2022
JAIIB PPB Syllabus 2022
 JAIIB LRAB Syllabus 2022
JAIIB Salary 2022
CAIIB November Exam Date 2022 Out
JAIIB CAIIB Mahapack CAIIB Syllabus 2022
CAIIB BFM Syllabus 2022
 CAIIB Elective Paper Syllabus 2022
CAIIB ABM Syllabus 2022 CAIIB Salary 2022

How much salary is increased after clearing JAIIB and CAIIB?_50.1

How much salary is increased after clearing JAIIB and CAIIB?_60.1

 

FAQs: How much salary is Increased after clearing JAIIB and CAIIB?

Q.1 How much amount is increased after qualifying JAIIB Exam for a clerical grade employee?

Ans. The amount of increment after qualifying JAIIB Exam for a clerical grade employee is Rs. 877(including the amount for allowances).

Q.2 How much salary is increased after qualifying CAIIB?

Ans. The amount of salary increased after qualifying CAIIB is mentioned above in the article.

 

How much salary is increased after clearing JAIIB and CAIIB?_70.1

Download your free content now!

Congratulations!

How much salary is increased after clearing JAIIB and CAIIB?_90.1

Download Hindu Review of October 2021: Free PDF

Download your free content now!

We have already received your details!

How much salary is increased after clearing JAIIB and CAIIB?_100.1

Please click download to receive Adda247's premium content on your email ID

Incorrect details? Fill the form again here

Download Hindu Review of October 2021: Free PDF

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published. Required fields are marked *