JAIIB Salary 2023: Know in-hand salary, payscale, allowances and other details

Safalta Expert Published by: Deepesh Mehra Updated Tue, 29 Aug 2023 05:43 PM IST

Highlights

Get details on JAIIB Salary 2023 at Safalta.com. Know in-hand salary, along with other additional allowances, benefits, job profile and career growth.

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JAIIB Salary: The Indian Institute for Banking & Finance conducts Junior Associate of the Indian Institute of Bankers Exam or JAIIB Exam twice every year. All those banking professionals who clear this exam are eligible for further promotions and increased salary. JAIIB salary is a very handsome amount. All those aspiring to appear for this exam must know the details of increased salary and benefits after clearing this exam. Read this article to know in-hand salary, pay scale, allowances, and other details after the JAIIB Exam. If you are preparing for Bank exams then download our free e-book: A Complete Book of Data Interpretation and Analysis.
 

JAIIB Salary

After clearing JAIIB Exam there are increments in the salary of employees working in various banks.

Source: safalta.com

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:
  1. JAIIB for Clerks - 1 increment in salary
  2. JAIIB for Officers Grade - 1 increment in salary
Illustration JAIIB 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 /-

Also Read:
Bank PO Salary IBPS RRB PO Salary IBPS RRB Clerk Salary What Is SBI PO Salary?
 

JAIIB Salary: Non-Monetary Benefits 

Besides monetary benefits, there are non-monetary benefits attached too. they are:
  1. One can gain better knowledge about banking.
  2. There are better prospects of promotion.
  3. They are eligible for better and demanding postings, with a chance of growth.
  4. Advanced knowledge in their field of work.
  5. Better ability to make decisions in fields of Treasury Management, Risk Management, Balance Sheet Management, Credit Management, International Banking, Economic Analysis, etc.
  6. Internal promotions in banks.
  7. 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.

 CAIIB Salary  SEBI Officer Grade A Exam Pattern IBPS PO Exam Pattern RRB JE Exam Pattern

 

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.

Q. Are there chances of promotions after clearing the JAIIB Exam?

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

 

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