JAIIB AND CAIIB EXAM INCREMENT THEIR ELIGIBILITY AND BENEFITS
This article has been specially written for bankers who have recently joined the banking sector. After going to this article, one would be able to understand the benefits of JAIIB & CAIIB, what are these exams, what will be the salary increment after clearing JAIIB & CAIIB Exam, and what is the eligibility criteria to register for IIBF Exam (JAIIB & CAIIB).
So, if you are also one of the new recruits in your bank, then you must have heard of JAIIB & CAIIB from your colleagues. But the chances are you might not know all the minor details of the JAIIB & CAIIB Exams.
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We will talk about the following points, one by one:
INCREMENT AFTER JAIIB & CAIIB
Bankers working at a Clerical scale
If a Banker is working at the level of clerk in his or her Bank, then he or she will be eligible for 2 increments in his or her current salary.
Example:
If you are working in a bank & are in the clerical cadre, you will get one increment for clearing JAIIB while a total of two increments for clearing CAIIB.
So, at the end of the day, a banker at the clerical scale will be getting 3 increments.
Say, Amit works at PSB, having a pay grade of 15000-500-18000-800-23000, then he will receive Rs. 15500 on passing JAIIB.
And on clearing CAIIB, he will get two increments i.e. Rs. 500 + Rs. 500 = Rs. 1000 in his salary. Making it Rs.16,500.00
READ MORE: WILL I GET CREDIT FOR MY PREVIOUS JAIIB EXAM
Bankers working at officer scale
If a Banker is working at the level of officer in his or her Bank, then he or she will be eligible for one increment in his or her current salary.
Example
If you are working in a bank & are in the officer cadre, you will get one increment for clearing JAIIB & one increment for clearing CAIIB.
So, at the end of the day, a banker at the officer scale will be getting 2 increments.
To say, Amit works at PSB, having a pay grade of 15000-500-18000-800-23000, then he will receive Rs. 15500 on passing JAIIB.
And on clearing CAIIB, he will also get 1 increment i.e Rs. 500 in his salary, making it Rs.16,500.00
READ MORE: WATCH OUR DAILY IIBF JAIIB/CAIIB LIVE CLASSES
OTHER BENEFITS OF THE JAIIB AND CAIIB EXAM
There are some other benefits that bankers get when they clear their JAIIB as well as CAIIB. The other benefits are mentioned below:
If bankers are to give internal promotion exams of their banks, their JAIIB certificate will carry 1 mark while their CAIIB certificate will carry 2 marks in their professional qualification.
ABOUT JAIIB & CAIIB
In the field of baking and finance, the IIBF Exam conducts twice a year known as JAIIB and CAIIB. A banking official’s salary increases as a result of both these exams. These exams are the ultimate tool for increments, whether they are taken by clerks or officers of banks.
It is a common concern among prospective aspirants how much increment they will receive after clearing JAIIB and CAIIB exams. That’s fine! There is a difference in the increments for both exams.
These exams begin with JAIIB and culminate in CAIIB, the ultimate goal. For both exams, the increment is determined by whether you are a clerk or an officer, which has two effects.
In both cases, aspirants who pass the JAIIB exam get an increment of 1 regardless of whether they are clerks or officers.
In contrast, cracking the CAIIB will provide a lot of benefits to the clerical staff, as they will be eligible for two increments, although the number of increments an officer receives is only 1 increment.
READ MORE: HOW TO CLEAR CAIIB IN 2023 EASILY ON THE FIRST ATTEMPT
CAN I PURSUE BOTH EXAMS IN ONE YEAR?
Well, as far as the eligibility goes for the CAIIB exam, one must have cleared their JAIIB Exams before they are eligible to register for CAIIB.
So, because JAIIB & CAIIB registration as well as the exam dates clash with each other, it is not really practical that a candidate can pass JAIIB in May & pass CAIIB next month.
SALARY INCREMENT
For IIBF EXAM JAIIB Certification
| No. | RANK | SALARY INCREMENT | EXAMPLE |
| 1 | BANKER – CLERK | 1 Increment | Pay Scale
= Rs. 23000 – 600 – 26000 If getting Rs. 23600, the salary after increment = Rs. 24200 |
| 2 | BANKER – OFFICER | 1 Increment | Pay Scale
= Rs. 23000 – 600 – 26000 If getting Rs. 23600, the salary after increment = Rs. 24200 |
READ MORE: WILL I GET CREDIT FOR MY PREVIOUS CAIIB EXAM IN 2023
For IIBF EXAM CAIIB Certification
| No. | RANK | SALARY INCREMENT | EXAMPLE |
| 1 | BANKER – CLERK | 2 Increment | Pay Scale
= Rs. 23000 – 600 – 26000 If getting Rs. 23600, the salary after increment = Rs. 24200 |
| 2 | BANKER – OFFICER | 1 Increment | Pay Scale
= Rs. 23000 – 600 – 26000 If getting Rs. 23600, the salary after increment = Rs. 24200 |
READ MORE: CAIIB EXAM JUNE DATE 2023: NOTIFICATION, SYLLABUS & HOW TO APPLY
JAIIB & CAIIB ELIGIBILITY
The eligibility criteria for JAIIB
Each year, the Indian Institute of Banking and Finance conducts JAIIB exams in the months of May and November. There is no point in applying for the competitive exam unless you understand the JAIIB Eligibility Criteria which relates only to educational qualifications.
In order to avoid last-minute disappointment and mistakes, candidates need to understand whether they fulfil the criteria or not. Having the JAIIB Eligibility Criteria 2023 known is a good idea.
JAIIB Eligibility Criteria stages can be divided into 2 different stages as described by the IIBF officials. Below we have described both of the stages:
JAIIB Time Limit Criteria 2024
A candidate can take the JAIIB exam only a few times. The below-given data in tabular form will help the interested candidates to determine “How many times a candidate can attempt the JAIIB Exam?”
| No. | JAIIBs’ Maximum Attempts |
| 1. | JAIIB Candidates are required to pass the JAIIB examination within a span of 3 years i.e. they will get 5 attempts to pass. |
| 2. | Candidates who are not able to pass the examination within the stipulated time mentioned above will be needed to re-enrol themselves afresh by paying the fees. Re-enrolled candidates will not be granted credits for the subjects they have passed, if any, in earlier registrations. |
| 3. | The time limit of 3 years will start from the application date for attempt no. 1. Attempts will be counted. |
READ MORE: CAIIB EXAMS STUDY MATERIAL: VIDEOS, EPDF & MOCK TESTS
JAIIB Educational Qualification 2024
Applicants should familiarize themselves with all the rules and technicalities of the JAIIB eligibility criteria before applying for the exam. A detailed table of JAIIB educational qualifications can be found below.
| No. | Educational Qualification |
| 1. | Candidate must already be working in the Banking & Finance sector in order to apply for the JAIIB examination. Visit the IIBF website for more information. |
| 2. | Candidates must have cleared or their 12th standard examination in any discipline or equivalent to 12th. However, the candidates at the clerk or supervisory staff cadre can also appear in the JAIIB exam. Also, the manager or officer-in-charge can recommend which will be accepted for the JAIIB candidates who haven’t passed the 12th pass or its equivalent. |
| 3. | Members of the Institute i.e. subordinate staff of recognized Banking and Financial Institutions in India are also eligible to appear for the JAIIB Examination. Though, they must hold a 12th standard certificate or equivalent to 12th. |
The eligibility criteria for CAIIB:
As per the IIBF notification, only JAIIB candidates or those who have passed Part-1 of the Associate Exam – are eligible to register for the CAIIB Exam.
| No. | CAIIBs’ Maximum Attempts |
| 1. | CAIIB Candidates are required to pass the CAIIB examination within a span of 3 years i.e. they will get 5 attempts to pass. |
| 2. | Candidates who are not able to pass the examination within the stipulated time mentioned above will be needed to re-enrol themselves afresh by paying the fees. Re-enrolled candidates for CAIIB will not be granted credits for the subjects they have passed, if any, in earlier registrations. |
| 3. | The time limit of 2 years will start from the application date for attempt no. 1. Attempts will be counted. |
AWARD FOR CLASS
The Institute will consider the “First Physical Attempt” of the candidate at the examination as the 1st attempt to award the class.
In simple words, the candidate must not have attempted any of the subject/s pertaining to the CAIIB exam at any time in the past and is required to pass all the subjects as per the CAIIB passing criteria & secure prescribed marks.
Candidates who re-enroll for the CAIIB after they have exhausted all 5 permissible attempts in 3 years, will not be considered for the awarding class.
CAN I APPLY FOR JAIIB BEFORE JOINING BANK?
As you would have already read the eligibility of the JAIIB Course from the above paras, no person other than the one who is already in the bank or a financial institution can write this exam.
But IIBF has taken into account the aspirants who want to join the banking course in the future and want to be ready for everything to help them shift their scales and increase their income profile.
So, IIBF has another course with the name of Diploma in Banking and Finance (DB & F). This course has the same syllabus and exam pattern as everything else of JAIIB 2023.
The only thing different is the eligibility criteria for DB & F. She is that anyone can join DB & F whether working in a bank or not.
So, yes, you can apply for DBF before you join the bank and after you have joined the bank you can convert your certificate of DB & F into the certificate of JAIIB.
The benefit you will get if you get the certificate of DB & F will be that he will be getting an advance increment of 1 year right on joining the bank!
So, why not?
Anyone who desires to study for DB & F or JAIIB can join the family of learning sessions where you will be provided with all the required study material for these exams.
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