CAIIB Salary 2021: Know in-hand salary, payscale, allowances and other details

Indian Institue of Banking and Finance (IIBF) conducts Certified Associate of India Institute of Bankers (CAIIB) Exam  twice a year. This exam is conducted to provide better knowledge to candidates regarding decision making covering risk, financial and general bank management, etc. Candidates who are aspiring to appear for CAIIB Exam should ensure that they know all the details about the exam such as eligibility criteria, exam pattern, syllabus and so on. Candidates should also be aware of CAIIB salary and job profile to understand the nature of profession better. There are various benefits of clearing CAIIB Exam and increments in salary is the primary benefit out of all.

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After clearing CAIIB Exam there are increments in the salary of employees working in various banks. As per the guidlines of Indian Bank Association, any permanent bank employee who is from PSUs (one of the member of IBA) is eligible to get salary increments after passing CAIIB exam. There are two types of increments, details of which are as follows:
In Case of Clerk Grade
2 increments in salary. The pay structure of a bank clerk after passing CAIIB Exam is Rs 11765 + Rs 655 x 3 (increments) = Rs 13730 /- (Basic).

In Case of Officer
After passing CAIIB - 1 increment in salary.

Along with this, after clearing CAIIB Exam you will have advanced knowledge which is necessary for better decision making in the field of Treasury Management, Risk Management, Balance Sheet Management, Credit Management, International Banking, Economic Analysis etc.
 

After clearing CAIIB Exam there are various benefits other than increments in salary. Some of them are as follows:
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.

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A. Yes, there are two increments in the salary of Bank Clerk after clearing CAIIB Exam.

A. There is one increments in the salary of an officer after clearing CAIIB Exam.

A. CAIIB Exam is conducted twice a year.

A. Yes, there are chances of internal promotion after clearing CAIIB Exam.