Benefits of Qualifying JAIIB and CAIIB Exams

The candidates appearing in the JAIIB and CAIIB examinations are going to get themselves into the growth of dynamic banking sector. The Junior Associate of the Indian Institute of the Bankers (JAIIB) and the Certified Associate of the Indian Institute of Bankers (CAIIB) are one of the most prestigious examinations and those who appear in these will unlock the best opportunities for the banking aspirants. Here we are discusing the benefits of the appearing in the JAIIB and CAIIB examination along with the eligibility.

Financial Benefits of Qualifying JAIIB and CAIIB Exams

Appearing in the JAIIB and CAIIB examination comes with several financial benefits, which the aspirants can unlock along with several allowances as well. These financila benefits includes salary increment, allowance increment, and increase in pension corpus.

Salary Enhancement

• Once the candidates qualify the JAIIB examination, the chances of getting a higher salary or an increment on the basic pay.
• On the other hand, those who qualify the CAIIB, those on the officers post will receive an additional increment and those who are in the clerical or supervisory staff will get the chance of having two increments.
• If they qualify both JAIIB and CAIIB, the clerical or supervisory staff will receive three increments and the officers receive two increments.
• The candidates can also unlock several additional increments by clearing JAIIB and CAIIB in old generation private sector banks like Federal Bank or Karnataka Bank and in modern private sector bank like HDFC Bank and Yes Bank.

Allowances Enhancement

• Qualifying the JAIIB and CAIIB will rise the basic pay of the employees
• . This pay rise will also lead to unlocking several allowances which includes Dearness Allowances, Travel Allowances, and House Rent Allowances, etc.

Pension Corpus Enhancement

• There will be a significant increase in the pension corpus once the basis pay increases after they qualify the examination.
• This will secure the future of the young candidates joining the banking sector.

Career Benefits of Qualifying JAIIB and CAIIB Exams

Along with financial benefits, there are several Career Benefits of Qualifying JAIIB and CAIIB Exams. This can include promotion chances, specialized roles, internal mobility, etc.

Higher Chances of Promotion

There are going to be several chances of promotion after the candidates qualify the JAIIB and CAIIB. This will help the candidates to unleash exclusive positions as well. Complete these certification examination will showcase the commitment of the candidates to the banks who seek the right candidates with the right potential.

Specialized Roles

As discussed above, the candidates will get the chance to grab the specialized roles. The roles in the Treasury, Forex, and Risk Management departments will be available which also has higher pay scale. Candidates can go for these roles as they can have numerous career growth opportunities.

Skill Benefits of Qualifying JAIIB and CAIIB Exams

Those who are appearing in the JAIIB and CAIIB exams can enhance their financial and banking skills. Here are some skills and benefits that the candidates may get once they start their preparation.

• Enhanced Decision Making Skills
• Increase in Self Confidence
• Job Security
• Financial Rewards
• Potential Career Growth