Rates verified from official source

Madhya Pradesh Rajya Sahakari Bank Maryadit interest rates · November 2026

MP Apex Bank FD rates

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What will my FD earn at MP Apex Bank?

Estimated value after 1 year · before tax ₹5,34,614 6.75% p.a. · ₹34,614 interest · quarterly compounding

Plan your recurring deposit at MP Apex Bank

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Before opening an RD

Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.

Overview

Madhya Pradesh Rajya Sahakari Bank Maryadit (MP Apex Bank) is a state co-operative apex bank, headquartered in Bhopal, established in 1912. Its headline 1-year FD rate of 6.75% is 0.03% above the state co-operative bank average of 6.72%, ranking #480 of 1033 banks on RateScan.in.

Headquarters
Bhopal
Established
1912
Monitored since
11 Nov 2026
Ownership
State co-operative apex bank for Madhya Pradesh ("Apex Bank"), first registered on 2.4.1912 at Jabalpur
Operates in
Madhya Pradesh

Rates as of 3 Jul 2025, verified from official source. State co-operative bank, regulated by RBI and supervised by NABARD: deposits insured by DICGC up to ₹5,00,000. One of 961 co-operative banks whose rates we checked at the source in the last 7 days.

RBI record

No RBI press release since 1 Jan 2024 names Madhya Pradesh Rajya Sahakari Bank Maryadit. We read RBI's press releases every week; last checked on 11 Nov 2026.

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

Head office in Bhopal

RBI's IFSC directory doesn't list this bank's branches, so only its head office is shown. Check the bank's website for its branches.

Head office from the bank's RBI registration.

MP Apex Bank Fixed Deposit rate changes

Changes to MP Apex Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 11 Nov 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

No change to MP Apex Bank's fixed deposit (FD) rates has been recorded since tracking started on 11 Nov 2026.

Good to know

  • Deposits with Madhya Pradesh Rajya Sahakari Bank Maryadit are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • MP Apex Bank is a state co-operative bank. Co-operative banks are regulated by the RBI together with the state registrar of co-operative societies; check that the bank is covered by DICGC before depositing.
  • Senior citizens (60+) earn up to 1.00% p.a. more than general customers at MP Apex Bank, depending on the tenure.

Informational only. Always confirm the current rate on the official MP Apex Bank website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.

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