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JAIIB Salary 2023 in Hand Salary, Pay scale, Job Profile

JAIIB Salary

JAIIB Exam is conducted for professionals working in the Banking and Financial sector. Qualifying JAIIB Exam provides monetary as well as non-monetary benefits. Aspirants who pass the JAIIB Exam get promoted and receive an increment in their salary. A large number of banking employees appear for this exam as it is an opportunity for them to avail salary increments and also build confidence and gain better knowledge about banking. The candidates get curious to know about their salary after qualifying JAIIB Exam.

JAIIB Exam Date 2023

JAIIB Salary 2023

JAIIB Salary cannot be clearly predicted as it is a promotion-driven exam. We can just foretell the amount of increment after clearing the exam for both clerical grade and officers grade. After the JAIIB Exam the salary of the employees and hike in their salary varies from bank to bank. As their grade is levelled up their allowances also get increased.

JAIIB Salary: Overview

An overview of JAIIB Salary providing all the important points are mentioned in the overview table.

JAIIB Salary: Overview
Organization Indian Institute of Banking and Finance
Exam Name JAIIB Exam 2023
Selection Process Online Exam
JAIIB Registration March & August 2023
JAIIB Exam May & October 2023
Language of Exam English
Official Website www.iibf.org.in
JAIIB Salary 2023 Check in Hindi Check in Hindi

JAIIB Salary Increments

An employee working in any public sector bank is eligible for salary increment after clearing the JAIIB Exam. Increments are of 2 types:

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

The details of the increment for clerical grade is discussed in the table below.

JAIIB Salary
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

JAIIB Salary: Job Profile

After clearing the JAIIB Exam an aspirant is eligible for promotion as well as they are well acquainted with the fundamental knowledge of banking and financial services. In future JAIIB certification helps you in getting internal promotions also.

Clerk Post: The roles and responsibilities of a clerical grade employee increases as they are promoted to the level of Probationary Officers after clearing JAIIB Exam.

Officers Post: Probationary officers after getting JAIIB certification either remain at the same level with a higher pay or are promoted to managerial level. Their responsibilities are added up.

When will JAIIB Increment get Implemented after passing JAIIB Exam?

One of the benefits of qualifying JAIIB Exam is increment in the salary. After passing JAIIB Exam aspirants have to wait for a time period of at least 45 days to receive the JAIIB certificate. The Indian Institute of Banking and Finance(IIBF) issues the JAIIB certificate to the qualified candidates. Employees will benefit the increment in their salary from the issuing date of JAIIB Certification. To get the increment timely the banking professionals will have to submit their JAIIB certificate to the HRMS Department. If the certificate is handed over after the payment of salary of that month then the arrears of that particular month will be added in the salary of next month.

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FAQs

Is JAIIB Exam for both clerical and officer grade employee?

Yes, JAIIB Exam is for both clerical and officer grade employees.

How many increment in salary take place after clearing JAIIB Exam?

1 increment in salary takes place after clearing JAIIB Exam for both clerical and officer grade employees.

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