MP Apex Bank Salary 2026 provides a structured post-wise pay scale where new recruits in Madhya Pradesh Rajya Sahakari Bank Maryadit (MP Apex Bank) receive basic pay plus Dearness Allowance, House Rent Allowance and other benefits, offering a competitive in-hand salary for Clerk, Banking Assistant, and Officer posts and a stable growth-oriented banking career.
MP Apex Bank Salary 2026 – Overview
MP Apex Bank Salary 2026 follows the pay scales applicable in District Central Cooperative Banks (DCCBs) across Madhya Pradesh, primarily under the 7th Pay Commission for most posts, with some variations by district or using 6th Pay scales.
This recruitment (totaling around 2076 vacancies, including clerical and officer roles) offers stable cooperative banking jobs with regular increments and allowances.
| Bank Name | Madhya Pradesh Rajya Sahakari Bank Maryadit (MP Apex Bank) |
|---|---|
| Conducting Authority | MP Apex Bank / respective DCCBs |
| Post Names | Computer Operator, Society Manager, Officer Grade (Branch Manager, Accountant, Programmer, etc.) |
| Pay Scale (Clerk/Computer Operator/Society Manager) | Mostly Level-4: ₹19,500–₹62,000 (7th CPC); variations in some DCCBs |
| Pay Scale (Officer Grades) | Level-8: ₹32,800–₹1,03,600; Level-9: ₹36,200–₹1,14,800; Level-10: ₹42,700–₹1,35,100 |
| Approx. In-Hand Salary | ₹30,000–₹40,000+ for clerical posts; ₹45,000–₹70,000+ for officers (varies by posting, DA, deductions) |
| Job Location | Various DCCBs across Madhya Pradesh |
| Official Website | https://apexbankmp.bank.in |
MP Apex Bank Salary Structure 2026 (Post-Wise)
Pay scales vary slightly by DCCB, but most follow 7th CPC equivalents as per recent 2026 recruitment notifications.
A. Computer Operator / Society Manager / Clerk-Level Posts
These entry roles are placed in lower pay levels:
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Most DCCBs: Level-4 (7th CPC) — ₹19,500–₹62,000
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Khargone DCCB: Level-7 — ₹28,700–₹91,300
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Select DCCBs (e.g., Bhind, Gwalior, etc.): 6th CPC — ₹5,200–₹20,200 + GP ₹1,900
Approximate gross at entry: ₹30,000–₹40,000 (including DA/HRA); higher with experience.
B. Officer & Manager Grades
Officer posts fall under middle/senior management levels:
| Post/Cadre | Pay Level (7th CPC) | Basic Pay Scale (₹) | Remarks/Examples |
|---|---|---|---|
| Middle Management Grade-II (Accountant, Programmer-2, etc.) | Level-8 | 32,800 – 1,03,600 | Common for junior officer roles |
| Middle Management Grade-I (Branch Manager, Inspector) | Level-9 | 36,200 – 1,14,800 | Branch-level supervisory posts |
| Senior Management Grade-II (Senior Programmer, Auditor, Analyst) | Level-10 | 42,700 – 1,35,100 | Higher responsibility roles |
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In select DCCBs (e.g., Khargone), higher levels like Level-12 apply.
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Some older setups retain 6th CPC (e.g., ₹9,300–₹34,800 + GP ₹3,200–₹4,200).
MP Apex Bank In-Hand Salary 2026
In-hand salary = Basic Pay + Dearness Allowance (DA) + House Rent Allowance (HRA) + other perks – deductions (PF, tax, professional tax, etc.).
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Clerical/Computer Operator/Society Manager: Entry gross often ₹30,000–₹40,000; in-hand around ₹27,000–₹35,000 after deductions.
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Officer Grades: Gross ₹50,000–₹80,000+ in early career; in-hand ₹45,000–₹70,000+ depending on city (higher HRA in urban areas like Bhopal/Indore) and current DA rates.
Actual take-home varies with location, family status, and latest DA revisions.
MP Apex Bank Pay Scale & Increment System
Pay follows defined levels with annual increments on basic pay as per cooperative bank rules and pay commission guidelines. Promotions shift employees to higher levels (e.g., from Level-4 clerical to Level-8/9 officer), significantly boosting salary through jumps in basic, DA, and allowances.
MP Apex Bank Allowances & Benefits
Key components enhancing total earnings:
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Dearness Allowance (DA): Percentage of basic pay, revised periodically for inflation.
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House Rent Allowance (HRA): Location-based (higher in Class A/B cities).
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Travel/Conveyance Allowance: For official duties.
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Medical Allowance/Insurance: Coverage for employee and family.
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Special Allowances: For roles like auditors, programmers, or branch managers.
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Leave Benefits: Paid leaves, LTC in some cases.
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Retirement Perks: Provident Fund, gratuity, pension as per norms.
MP Apex Bank Job Profile (Post-Wise)
Computer Operator / Society Manager / Clerk-Level
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Handle daily transactions, account openings, deposits/withdrawals.
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Customer service, KYC, documentation, and report preparation.
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Support loan processing, recovery, and society-related tasks in rural/semi-urban branches.
Officer / Branch Manager / Senior Roles
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Oversee branch operations, staff supervision, and target achievement (deposits, advances).
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Loan appraisal/sanction, compliance with RBI/NABARD rules.
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Audit, financial analysis, IT support (for programmers), and policy execution.
Career Growth & Promotion Structure
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Growth path: Clerk/Society Manager → Officer (MMG-II) → Branch Manager (MMG-I) → Senior Management.
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Promotions rely on performance, experience, and departmental exams, moving to higher pay levels with substantial salary increases.
Probation Period & Salary During Probation
Typically 12 months (extendable to 24 months). Employees receive the notified pay scale from the start, though some benefits tie to confirmation. Full perks and increments apply post-probation.
Work Environment & Employee Benefits
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Work Environment: Semi-formal banking setup with customer-facing roles, regular office hours, and workload spikes at month-end/year-end.
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Job Stability: High security in government-linked cooperative banking after confirmation.
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Work-Life Balance: Predictable hours, Sundays/bank holidays off per RBI/State calendar; better than many private banks.
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Overall Benefits: Stable income, mostly local Madhya Pradesh postings, serving rural/semi-urban communities.
