Apex Bank Salary

We have shared all the details related to Apex Bank Salary (post-wise) in the article below. The candidates who are appearing for the upcoming exam and want to fill out the application form must check Apex Bank Salary in detail.

For your ready reference, here we have updated the latest data on Apex Bank Salary 2023 below which includes salary structure, career growth, perks, & other allowances.

Apex Bank Salary 2023 Overview

Salary is a crucial component of any recruitment process since it has the power to draw candidates. The MP Apex Bank Salary scale and income structure are highly alluring and remarkable. Numerous benefits and allowances are added to a candidate’s base wage in addition to the basic pay. Therefore, we are giving comprehensive information on the Apex Bank Salary 2023, benefits, allowances, career advancement, etc. here in this article.

MP Apex Bank Exam 2023 – Latest News

The organizing authority IBPS has started the online registration process for the upcoming Apex Bank 2023 exam for 638 posts in the cooperative banks in 35 districts of Madhya Pradesh.

  • Application Start Date: 10 March 2023
  • Apex Bank Application last date: 9 April 2023
  • Declaration of call letter to appear in the exam: Approximately 7 days before the exam date
  • Exam Date: To be declared soon

Apex Bank Salary Structure

New hires at MP Cooperative Bank receive a generous compensation package. Candidates can review the Apex Bank post-by-post pay scale in the table below.

MP Cooperative Bank Salary 2023 – Structure

Vacant Posts

Salary

Pay Scale

Computer Programmer, Marketing Officer & Internal Auditor, Financial Analyst (Senior Management Grade II)

INR 42700 – 135100 /-

7th Pay Scale

Branch Inspector, Branch Manager, Internal Inspector & Office Superintendent (Middle Management Grade-I )

INR 36200 – 114800 /-

7th Pay Scale

Internal Auditor, Marketing Officer, Financial Analyst, Computer Programmer (Senior Management Grade-II)

INR 9300 – 34800 /-

6th Pay Scale

Internal Inspector, Office Superintendent, Branch Manager, Branch Inspector,

(Middle Management Grade-I)

INR 9300 – 34800 /-

6th Pay Scale

Sub Engineer, Statistical Officer, Accountant,

Accountant Assistant, Chief Supervisor & Computer programmer-2 (Middle Management Grade-II)

INR 32800 – 103600 /-

7th Pay Scale

Statistical Officer, Computer

programmer-2, Accountant Assistant Chief Supervisor, Sub Engineer, (Middle Management Grade-II)

INR 9300 – 34800 /-

6th Pay Scale

☛ Aspirants can use the links below to download the official bank exam notices and learn about the crucial exam dates as they get ready for the next SBI exams:

MP Cooperative Bank Salary: Perks and Allowance

The candidates receive several perks in addition to the base pay. The list of benefits and compensation that an employee of Apex Bank is entitled to be shown below.

  • HRA (House Rent Allowance)
  • DA (Dearness Allowance)
  • Medical Allowance
  • Medical Insurance
  • Travelling Allowance
  • Phone Bills Reimbursement
  • Car Bills
  • Transportation at no cost
  • NPS

How much does a Manager at M.P. Rajya Sahkari Bank Maryadit (Apex Bank) in India Earn?

The monthly salary for a manager at M.P. Rajya Sahkari Bank Maryadit (Apex Bank) in India is roughly 62,889, which is 189% more than the national average. You can check the job advertisement for Apex Bank Recruitment 2023 to know more details about Apex Bank Salary structure.

Apex Bank Salary: Career Growth

The candidates hired as financial analysts, marketing officers, internal auditors, internal inspectors, branch managers, etc. if they qualify the MP Apex Bank Exam 2023. The candidates will be further evaluated for confirmation following the 12-month probationary period, but it may be extended for an additional six months and another six months. However, the entire probationary period cannot be longer than 24 months.

MP State Apex Bank Salary Slip

At the end of each month, the commission provides the Madhya Pradesh State APEX Bank pay Slip to each employee. The basic wage, deductions, and allowances are only a few of the details on the pay stub. This pay stub is necessary for a number of office procedures, such as loan applications, income tax filing, etc.

We hope this article on MP State APEX Bank Salary and Job Profile was helpful for our readers. Download BYJU’S- The Learning App because it provides the best learning resources, mock tests, interactive classes, and quizzes that would make the preparation stronger for the upcoming bank exams.

Frequently Asked Questions on Apex Bank Salary

Q1

What are the allowances given to the MP State APEX Bank employees along with their salary?

The employees of MP State Apex Bank get several perks along with their salaries. It includes HRA, DA, Health insurance, car bills, phone bills and many more.

Q2

How many vacancies are released in Apex Bank Recruitment 2023 advertisement?

As per the latest official data, 638 vacancies are released in Apex Bank Recruitment 2023 process.