EXIM Bank Management Trainee Salary 2022: The information regarding EXIM Bank Management Trainee Salary 2022 has been discussed here in this article. This article will be useful for the candidates who have applied for the EXIM Bank exam for the Management Trainee posts. This article contains the information regarding EXIM bank salary for management trainee which will make the candidates choose the job offered by the EXIM Bank. The salary structure and pay scale of EXIM Bank Management Trainee Salary 2022 have been discussed below for the convenience of the aspirants who are applying for the posts of EXIM Bank Management Trainee. The EXIM bank salary structure is one of the best factors that make the candidates choose this job. Though thousands of candidates apply for the posts only a total of 25 vacancies will be filled under the post of Management Trainee. The last date to apply for EXIM bank MT has been declared as 14th March 2022. The candidates can fill out the application form online from its official website.  Before applying for the EXIM Bank Management Trainee exam the candidates have a detailed view of EXIM Bank MT Salary. Here we provide a clear view of the pay scale, allowances, job profile, promotions along with EXIM Bank Management Trainee Salary 2022.

EXIM Bank Management Trainee Salary 2022: Exam Overview

EXIM is an EXPORT-IMPORT Bank that conducts an examination for the recruitment of candidates who are willing to join the EXIM Bank for the post of Management Trainee. This bank was established by the Indian government as a purveyor of export credit and mirroring global export credit agencies. It serves as a growth engine for the industries. The overview of the EXIM Bank recruitment process is as follows 

Check EXIM Bank Management Trainee Recruitment 2022

EXIM Bank Management Trainee Salary 2022: 

The candidates who are selected for the post of Management Trainee by the EXIM bank will undergo a training period called the Probation Period. During the training period, candidates will get paid Rs. 55000 per month as a stipend. 

Probation Period: 

A one-year training/probation period will be needed for selected individuals. Once the training period is completed, your performance will be evaluated. If the trainee has performed satisfactorily, they will be appointed on a permanent basis. After the successful fulfillment of the probation period, Management Trainees will be fascinated in Grade/Scale Junior Management (JM) I as Deputy Manager.

EXIM Bank Salary Structure:

Salary of Deputy Manager:

After the successful fulfillment of the probation period, Management Trainees will be fascinated in Grade/Scale Junior Management (JM) I as Deputy Manager. The current salary of the deputy manager is 17 lakh per annum approximately. That is Rs. 1 lakh 20 thousand per month.

Perks and Allowances 

Along with the EXIM Bank Management Trainee Salary, candidates are permitted to enjoy several perks and benefits. After the successful fulfillment of the probation period, candidates can enjoy all the perks and benefits as per the standards. Some of them are mentioned here below for your concern.

• Dearness Allowance

It is the allowance of people living that is the cost of living and it is 17% of the basic pay of the employee

• House Rent Allowance

HRA is the amount given to the employee as the rent of the house they are living in. It depends on the cities they reside in.

• LTA (Leave Travel Allowance)

LTA (Leave Travel Allowance) facility is also available for the employees to travel to any place in India.

• Comprehensive Medical Assistance

EXIM bank has included a comprehensive medical assistance program to cover the medical expenses of the employee and their dependent family members.

Other than basic allowances other perks are 

• Talent Management Initiatives
• Leave Benefits (After completion of 11 months of service)
• Loan Facility(For House and Vehicle)
• Employees also get an education scheme for further education related to the profession.
• Employees can enjoy Training programs, workshops, yoga, and gymnasium aerobics programs.

EXIM Bank Salary Slip

After every payment cycle, the employees receive the salary slip of their previous month’s salary. This salary slip document contains all the details of the previous month’s deductions and allowances for each officer. There are other applications for the EXIM Bank salary slip as well such as using it to avail loans and while filling the annual Income Tax form.

Check EXIM Bank Management Trainee Syllabus and Exam Pattern 

EXIM Bank Management Trainee Salary 2022: FAQs

Q. What is the salary of a management trainee in Exim Bank?

Exim Bank is recruiting 25 management trainees with a monthly stipend of ₹55,000.

Q. Is Exim Bank a Government Bank?

Exim Bank was established by the Government of India, under the Export-Import Bank of India Act, 1981 as a purveyor of export credit, mirroring global Export Credit Agencies. Exim Bank serves as a growth engine for industries and SMEs through a wide range of products and services.