The best 4 Benefits After clearing the CAIIB exam are explained in this post, it is clear that you gained sufficient expertise and knowledge in the banking field. It is considered the toughest exam with 4 papers to pass in 5 attempts as per the latest syllabus. Here are the 5 best benefits you attain after PASSING CAIIB certification.
1) Salary Hike
After passing the CAIIB exam the best benefit is a salary hike. In the officer cadre, You will get Rs. 1490 /-Increment as per the 11th Bipartite settlement. The overall increment will be around Rs. 2500 /- with Dearness Allowance of 41% for the scale -1 officer.
2) Public Provident Fund (PPF) account
Nowadays all the bankers are getting NPS as the pension scheme. After passing CAIIB the second best thing is that, if you do a Public Provident Fund account and deposit Rs. 2500/- per month in the PPF account you will be getting Rs. 30,90,182 /- If you enhance it to Rs. 3,000 per month you will be left with 37lakhs after 30years of repayment.
3) Career Growth
Everyone knows that you have better knowledge than others after clearing the CAIIB exam. You will be getting recognition widely and you will be chosen for shouldering big tasks in the industry.
4) Promotion
You will be given top priority over others in the promotion exam that is held normally in every year in all PSB'S. With this, the basic pay will also be increased substantially.
5) Industry Recognition
You will be recognized once you clear caiib. That's why all the banks are giving back all the exam fee and books purchased fees as refund after passing caiib exam. Your bank will recognize you as a qualified banking professional with CAIIB certification.
If you are preparing for the caiib exam it is better to purchase online latest edition books and start reading. Don't wait until the exam date comes. It is the toughest exam and you can pass once you have sufficient knowledge with clear basics of caiib. These are the 4 Benefits after Clearing the CAIIB Exam.
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