MSC Bank Managers Recruitment 2026 - Apply Offline for 36 Specialized Branch Managers, Managers Posts
The Maharashtra State Co-operative Bank Ltd. (MSC Bank), MumbaiMaharashtra
MSC Bank is hiring 36 posts across two advertisements for Specialized Branch Managers (Officer Grade II) and Managers (Contract Basis) for its Head Office, Regional Offices, and 57 Branches across Maharashtra, last date 22 June 2026.
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MSC Bank Managers Recruitment 2026 - Apply Offline for 36 Specialized Branch Managers, Managers Posts – Overview
| Selection Procedure | For both posts,applications will be screened/scrutinized on the basis of eligibility criteria as mentioned in the respective advertisements. Shortlisted eligible candidates will be called for a series of interviews (Specialized Branch Manager) or Interview/Discussion process (Manager – Contract). Candidature will be cancelled if any information furnished in the application is found false,incorrect,or incomplete. Final offer letter will be issued after successful completion of Background Verification,Police Verification,Medical Examination,and Document Validation.,Post-Selection Steps (Specialized Branch Manager – Regular):,Preliminary Offer Letter issued to qualified candidates. Background Verification,and Documentation. Final Offer Letter issued after successful completion of all mandatory procedures. Probation Period: 6 months; confirmed in the respective post after successful completion. Selected candidates must execute an undertaking on Rs. 500/- stamp paper committing to serve the Bank for a minimum of 5 years from the date of joining. In case of default/voluntary resignation before completion of 5 years,liquidated damages of Rs. 10,00,000/- (Ten Lakh) are payable to the Bank. Surety bond of Rs. 1,000/- each from two income tax payees is also required.,Post-Selection Steps (Manager – Contract):,First appointment on contract for 1 year; extendable up to a maximum of 5 years based on performance assessment. Either party must give one month's notice or pay one month's fixed component of compensation to terminate the contract before expiry. Appointment subject to being declared medically fit as per Bank's requirements. |
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| Application Mode | Offline |
| Job Location | Maharashtra |
Important Dates
| Last Date to Apply | Will be communicated to shortlisted/eligible candidates separately |
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Age Limit
| Notes | Age is calculated as on the cut-off date 01-05-2026. |
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Frequently Asked Questions
Q: What is the total number of vacancies in MSC Bank Recruitment 2026-27?
There are 36 total vacancies - 30 posts of Specialized Branch Managers (Officer Grade II) under Advertisement No. 01/2026-27 and 06 posts of Managers (Contract Basis) under Advertisement No. 02/2026-27.
Q: What is the last date to apply for MSC Bank Recruitment 2026-27?
The application must reach the Bank on or before 22-06-2026 by 05:15 PM. Applications received after this date and time will not be entertained.
Q: What is the eligibility for MSC Bank Specialized Branch Manager post?
Candidates must be a graduate with minimum Second Class, must have passed the JAIIB examination, and must have a minimum of 5 years of experience as a Branch Manager at Officer level in a Commercial Bank, District Central Co-operative Bank, or Urban Bank. Maharashtra domicile is compulsory.
Q: What is the eligibility for MSC Bank Manager (Contract) post?
Candidates must be a graduate with minimum Second Class, must have passed the CAIIB examination, and must have 10 to 12 years of total banking experience at Senior/Middle Management level in a Commercial Bank, District Central Co-operative Bank, or Urban Bank. Retired candidates or those who have resigned with adequate experience may also apply.
Q: What is the pay for MSC Bank Specialized Branch Manager and Manager (Contract) posts?
The minimum pay for Specialized Branch Manager (Officer Grade II) is Rs. 60,000/- per month and for Manager (Contract) is Rs. 83,000/- per month. The Bank's Management reserves the right to decide the actual remuneration based on the candidate's qualification and experience; pay shall not be a constraint for deserving candidates.
Q: Is the MSC Bank Recruitment 2026-27 open to candidates from all states?
No. Both advertisements are exclusively for residents of Maharashtra State. Submission of a valid Maharashtra State Domicile Certificate is compulsory along with the application for both posts.
Q: What is the age limit for MSC Bank Recruitment 2026-27?
For both posts, the minimum age is 45 years as on 01-05-2026. For Manager (Contract), the maximum age is 62 years as on 01-05-2026. Retired candidates or those who have resigned and have adequate experience may also apply for the Manager (Contract) post.
Q: What is the selection process for MSC Bank Recruitment 2026-27?
Applications will be screened for eligibility and shortlisted candidates will be called for a series of interviews (Specialized Branch Manager) or Screening, Shortlisting, and Interview/Discussion (Manager – Contract). Preliminary offer letters will be followed by Background Verification, Police Verification, Medical Examination, and Document Validation before final appointment.
Q: Is the Manager (Contract) post a permanent position at MSC Bank?
No. The Manager (Contract) engagement is purely on a contractual basis for 1 year, extendable up to a maximum of 5 years. There is no legal claim to regular absorption either during or after the contract period. PF/Gratuity/Pension provisions are not applicable.
Q: What is the bond condition for the Specialized Branch Manager post?
Selected candidates must execute an undertaking on Rs. 500/- stamp paper committing to serve the Bank for a minimum of 5 years from the date of joining. In case of voluntary resignation or termination before completion of 5 years, liquidated damages of Rs. 10,00,000/- (Ten Lakh) are payable to the Bank on demand. Additionally, a surety bond of Rs. 1,00,000/- each from two income tax payees is also required at the time of joining.