Discuss Forum
Mock Tests
  • Banking & Insurance
  • SSC Exams
  • Regulatory
  • MBA Exams
  • Railway Exams
  • JAIIB-CAIIB Exams
  • Karnataka Exams
  • Tamil Nadu Exams
  • Judiciary Exams
  • Law Entrance Exams
  • Agriculture Exams
  • J&K Exams
  • UP Exams
  • Rajasthan Exams
  • Uttarakhand Exams
  • Punjab Exams
  • Haryana Exams
  • MP Exams
  • Teaching Exams
  • Chhattisgarh Exams
Category
  • Banking & Insurance
  • SSC Exams
  • Regulatory
  • UPSC
  • MBA Exams
  • Railway Exams
  • JAIIB-CAIIB Exams
  • Karnataka Exams
  • Tamil Nadu Exams
  • Judiciary Exams
  • Law Entrance Exams
  • Agriculture Exams
  • Engineering Exams
  • J&K Exams
  • UP Exams
  • Rajasthan Exams
  • Uttarakhand Exams
  • Punjab Exams
  • Haryana Exams
  • Bihar Exams
  • MP Exams
  • Defence Exams
  • Teaching Exams
  • Himachal Pradesh Exams
  • Chhattisgarh Exams
Teaching Exams
Chhattisgarh Exams
Engineering Exams
Defence Exams
Teaching Exams
Himachal Pradesh Exams
Chhattisgarh Exams

JAIIB Salary Structure - Complete Details

The Indian Institute of Banking and Finance organizes an exam to certify Junior Associate of nationalized banks and the members of the Indian Institute of Bankers. The exam is conducted in two cycles in a year, generally in May and November. The basic purpose for the organization of the exam is to check the knowledge relating to financial and banking services, banking technology, customer relations as well as the basic accounting and legal knowledge for meeting the day-to-day requirements of banking operations. This exam is an exclusive course for only the members of the IIBF i.e. the Indian Institute of Banking and Finance. The candidates who are interested in taking this exam should know about the JAIIB Salary, career opportunities, and job benefits.

Attempt a JAIIB 2023 Mock Test Now

JAIIB Exam: Overview

The following table shows the overview relating to the JAIIB Exam in detail –

ParticularsDetails
Name of the exam conducting organisationIndian Institute of Banking and Finance (IIBF)
Name of the postJAIIB (Junior Associate of Indian Institute of Bankers)
Eligibility CriteriaOnly the members of the institute
Process of SelectionWritten Test/ Online
Date of ExamPostponed (Paper 1, 2, and 3)
Official Website of the IIBFhttps://iibf.org.in/

JAIIB Exam Important Dates 

The following table shows the important dates relating to the JAIIB Exam in detail –

EventDate
JAIIB 2022 Online Registration Begins1st September 2022
JAIIB Admit Card 2022 Release DateNovember 2022
Exam Date12th, 13th and 20th November 2022
Principles & Practices of Banking12-11-2022
Accounting & Finance for Bankers13-11-2022
Legal & Regulatory Aspects of Banking20-11-2022

Attempt a JAIIB 2023 Mock Test Now

JAIIB Salary

IIBF administers the JAIIB (Junior Associate of the Indian Institute of Bankers) professional qualification test (Indian Institute for Banking & Finance). This examination is held twice a year, in May and November (generally). The exam's validity is indefinite. Candidates who pass the JAIIB exam can expect an increase in their basic pay as well as get a timely promotion. Let's check out the thorough career growth and pay scale information once you qualify for the exam,

Increased Pay Scale After JAIIB 2022

According to the Indian Bank Association's settlement guidelines, any permanent staff from PSBs (one of the IBA's members) is eligible for wage increases after passing the JAIIB tests. There are two different kinds of increments.

In the event of a Clerk Grade:

  • 1 pay increase after passing the JAIIB Exam

In the case of Officers:

  • 1 pay increase after passing the JAIIB Exam

A bank clerk's salary structure after passing the JAIIB exam is as follows:

If the basic wage is 11765/-, after passing the JAIIB exam, they will be eligible for a one-time pay increase i.e. Rupees 11765+655 = Rs 12420/-

JAIIB Career Growth And Other Opportunities

  • It will assist you in obtaining promotions because management prefers to promote employees who have completed the JAIIB and CAIIB programme.
  • It will boost your self-assurance in everyday routines and enable you to make wonderful selections promptly.
  • After passing JAIIB, you'll have the foundational knowledge in banking and financial services, banking technology, customer relations, basic accounting, and legal issues that you'll need to conduct day-to-day banking operations.
  • These credentials will undoubtedly assist you in gaining internal advancement.
  • A newly joined officer comes under the Junior Management Grade- Scale 1 post. After qualifying JAIIB Exams he/she will get an increment and will be promoted. In order to get promoted from one scale to the other they will have to qualify the internal promotional exams in which the marks of JAIIB play an important role. Here is the hierarchy promotion for an officer in the Banking Industry.
  1. Middle Management Grade- Scale 2- Manager
  2. Middle Management Grade- Scale 3- Senior Manager
  3. Senior Management Grade- Scale 4- Chief Manager
  4. Senior Management Grade- Scale 5- Assistant General Manager
  5. Top Management Grade- Scale 6- Deputy General Manager
  6. Top Management Grade- Scale 7- General Manager

Here is the hierarchy promotion for a clerk in the Banking Industry.

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

Attempt a JAIIB 2023 Mock Test Now

Job Profile After Clearing JAIIB

Clerk Position: Clerks will be promoted to the position of PO, with additional responsibilities such as loan paperwork, cross-checking clerical work, and dealing with cash balances, among others.

PO Position: PO will be promoted to manager level or will remain at the same level with additional responsibilities and a salary increase. Loan sanctioning, producing and promoting attractive products from the bank's perspective, and other tasks will be added.

Other Benefits after clearing JAIIB exam

Knowledge Enhancement: When you clear JAIIB exam, you will get to learn new things, which surely will increase your knowledge about the banking industry and your work.
Broad Understanding of Financial Matters: You will gain knowledge regarding the financial services, banking terminology, basic accounting, and legal aspects.
Promotions: It becomes easier to get promotion if you have cleared JAIIB Exam. 
Self Confidence: Passing these exams will surely increase your self confidence.

Conclusion

We hope that this article has provided you with detailed knowledge of the JAIIB salary increment as well as other details about this exam. 

Attempt a JAIIB 2023 Mock Test Now

Find the Right Plan

Flexible pricing options for all the aspirants

FAQs

How many papers are there in JAIIB exam?

There are four papers in the JAIIB exam which are Indian Economy and Indian Financial System, Principles and Practices of Banking, Accounting and Finance for Bankers, and Retail Banking and Wealth Management.

How many times is JAIIB conducted in a year? +

JAIIB Exam is conducted two times in a year, once in the month of May and another in November.

How many attempts are there for JAIIB? +

JAIIB can be attempted by the candidates within 3 years or 5 consecutive attempts.

What is the Eligibility Criteria for JAIIB? +

A candidate who wishes to appear for the JAIIB exam must be registered as an ordinary member of the IIBF, He/She must have passed their 10+2 Boards or any other equivalent exams and must be working in any Bank or financial institute.

Can I give JAIIB and CAIIB together? +

No, you have to clear the JAIIB exam first. After that, you can appear for the CAIIB exam.

What is the age limit to apply for the JAIIB exam? +

For JAIIB Exam there is no age limit applicable.

What is the exam fee for JAIIB? +

The exam fees for the first attempt is Rs.2700 and for each successive attempt thereafter it is Rs.1300.

Can private bank employees give JAIIB? +

Yes, any employee working in either public or private sector bank is eligible to appear for JAIIB provided they must be registered as an ordinary member of the IIBF and have passed their 10+2 Board exam or any other equivalent exam.

Will there be any negative marking in JAIIB? +

From 2023 onwards, JAIIB will have negative marking. 1/4th mark will be deducted for every wrong answer.

Watch a Free Demo Class

6 video lectures 4 free pdfs 6 Hrs
Or
Email Id
19 of 100 left 81%

Please wait while we process your request....

×

Contact Details

 

 
 
 
 

Total Amount

 

Please wait...

Open in app