EXIM Bank Management Trainee Salary 2022: Check Salary Details Here
Mar 08 2022
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
EXIM Bank Recruitment 2022 Overview
Name of the Exam
EXIM Bank Exam
Name of the post
All over India
Mode of application
Written Exam and Interview
Mode of exam
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.
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:
Rs. 55,000/-(Stipend per month)
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.
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.
International Day of the Unborn Child 2024 History, Theme: March 25
Feb 28 2024
International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade 2024: March 25
Feb 28 2024
World Tuberculosis (TB) Day 2024: March 24| History, Theme, Significance and Quotes
Feb 28 2024
General Awareness Smart Analysis
- Get Weekly 4 set Test
- Each Set consist of 50 Questions
- Compare your progress with Test 1 & 2 & Test 3 & 4
- Deep Analysis in topic wise questions
- Bundle PDF Course 2023
- Ultimate Bundle PDF Course 2022
- Grand Bundle PDF Course 2021
- English Bundle PDF Course
- Insurance & Financial Market Awareness Bundle PDF Course
- Descriptive Papers for Bank & Insurance Exams
- Interview Bundle PDF Course
- General Awareness Smart Analysis
- All Bank Exams Video Course
- All Mock Test Series (Platinum Package)
- All Premium eBooks
Premium PDF Course 12 Months
- Bundle PDF Course 2024
- Prime PDF Course 2023
- Ultimate Bundle PDF Course 2022