Canara Bank Assistant Manager 1 Salaries by 4 Employees

5 - 10 years exp.

₹9.5 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

Fixed (95%)

₹10.2 Lakhs

Variable (5%)

₹0.5 Lakh

137% more than the average Assistant Manager 1 Salary in Banking Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager 1 Salary 7 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr
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Finance & Accounting Assistant Manager 1 Salary 10 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.6 L/yr

Last Updated: 28 Oct 2023

Companies similar to Canara Bank for Assistant Manager 1

Company name	Avg Annual Salary	Open Jobs
State Bank of India Assistant Manager 1 Salary 1 - 6 years exp. (4 salaries)	₹8.1 L/yr - ₹10 L/yr 17% less
Axis Bank Assistant Manager 1 Salary 0 - 4 years exp. (38 salaries)	₹2.5 L/yr - ₹5 L/yr 65% less
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HDFC Bank Assistant Manager 1 Salary 1 - 6 years exp. (57 salaries)	₹2.5 L/yr - ₹4.5 L/yr 68% less
ICICI Bank Assistant Manager 1 Salary 1 - 4 years exp. (240 salaries)	₹2 L/yr - ₹5 L/yr 67% less
Kotak Mahindra Bank Assistant Manager 1 Salary 0 - 6 years exp. (146 salaries)	₹2 L/yr - ₹4.5 L/yr 70% less
Yes Bank Assistant Manager 1 Salary 2 - 6 years exp. (8 salaries)	₹3.2 L/yr - ₹4.8 L/yr 60% less
Federal Bank Assistant Manager 1 Salary 0 - 9 years exp. (5 salaries)	₹7.5 L/yr - ₹12 L/yr 9% less
Bandhan Bank Assistant Manager 1 Salary 0 - 7 years exp. (10 salaries)	₹2.8 L/yr - ₹4.5 L/yr 68% less
IDBI Bank Assistant Manager 1 Salary 0 - 7 years exp. (7 salaries)	₹3.7 L/yr - ₹15 L/yr 18% less
IDFC FIRST Bank Assistant Manager 1 Salary 2 - 7 years exp. (7 salaries)	₹3.1 L/yr - ₹5.3 L/yr 61% less
RBL Bank Assistant Manager 1 Salary 2 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹3.8 L/yr 68% less
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AU Small Finance Bank Assistant Manager 1 Salary 1 - 8 years exp. (6 salaries)	₹4.6 L/yr - ₹5.5 L/yr 51% less
Bank of America Assistant Manager 1 Salary 3 - 15 years exp. (5 salaries)	₹12.2 L/yr - ₹23 L/yr 58% more

Assistant Manager 1 salary at Canara Bank ranges between ₹9.5 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Assistant Manager 1 salaries

Last Updated: 28 Oct 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
7 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
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10 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr

Similar Designation salaries in Canara Bank

Department Manager Salary

(AmbitionBox Estimate)

₹11.6 L/yr - ₹14.8 L/yr

Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Operations Manager Salary

(5 salaries)

₹12 L/yr - ₹13.5 L/yr

Team Manager Salary

(3 salaries)

₹12 L/yr - ₹15 L/yr

Branch Manager Salary

(127 salaries)

₹6 L/yr - ₹21 L/yr

Deputy Manager Salary

(3 salaries)

₹8 L/yr - ₹17.55 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Officer Salary

(4 salaries)

₹8.75 L/yr - ₹17.6 L/yr

Team Lead Salary

(4 salaries)

₹2.5 L/yr - ₹5 L/yr

Salary related reviews for Canara Bank

Branch Manager in Baghpat

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Sep 2024

1.0

for Salary and Benefits

Likes

PSB salary on time

Dislikes

The worst bank for any employee. No proper infrastructure but wants 100 percent output.Accute staff shortage leading to higher customer dissatisfaction. No work life balance. Not good for Hindi speaking people.

Salary - Bad

+6 more

Branch Manager

Finance & Accounting Department

4.0

• posted on 23 Mar 2019

4.0

for Salary and Benefits

Likes

...security.good carrier growth opportunity. best training programmes are provided.good salary. friendly working environment with latest technology up gradation.

Salary - Good

+5 more

Dislikes

work pressure is very high. no working time limit for officers

Chief Manager in Ernakulam

Full Time

Other Department

3.0

• posted on 18 Jan 2025

4.0

for Salary and Benefits

Likes

Salary is good now due to bipartite settlements . Now new PLI is also introduced by Finance Ministry for levels above executive cadre

Salary - Good

+2 more

Dislikes

Work culture is too bad. Looks good ONLY from outside. Those who don't care of their ego , self esteem , family life, health can still enjoy working here by listening anything from their Management.

Work satisfaction - Poor

+2 more

Officer in Bhopal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 24 Oct 2024

4.0

for Salary and Benefits

Likes

Working in PSB is satisfied in point of job security and also good salary package.

Salary - Good

+3 more

Dislikes

Learning process is slow because only single officer handel all type of branch work like loan assessment MSME loan Retail loan agriculture loan SMA follow up NPA management etc

Manager LAW in Patna

Full Time

Legal & Regulatory Department

1.0

• posted on 29 Sep 2024

5.0

for Salary and Benefits

Likes

Salary and perks

Salary - Excellent

+1 more

Dislikes

Timing Management approch towards specialist officer Structural changes Poor profile charges Unofficial calls for working on weekends without any comoff Late sitting culture. Poor HR. Handing over work which is not related to profile. Unnecessary calls from higher office and putting pressure to do things which are not correct as per policy. Urealestic targets. No fixed office time.

Skill development - Poor

+3 more

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Canara Bank Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Canara Bank ?

The average salary of a Assistant Manager 1 at Canara Bank in India typically ranges from ₹9.5 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Assistant Manager 1 at Canara Bank earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Assistant Manager 1 Salaries at Canara Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Canara Bank employees in India.

What is the estimated take home salary of a Assistant Manager 1 at Canara Bank in India?

The estimated take-home salary of a Assistant Manager 1 at Canara Bank in India typically ranges from ₹76,618 to ₹78,605 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 5 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Canara Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Canara Bank for Assistant Manager 1 in India?

Bank of America

₹12.2 Lakhs to ₹23.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Canara Bank, depending on the role and experience level.

What is the salary of a Assistant Manager 1 in companies similar to Canara Bank in India?

The salary of a Assistant Manager 1 at companies similar to Canara Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Federal Bank	₹7.5 Lakhs to ₹12.0 Lakhs per year
State Bank of India	₹8.1 Lakhs to ₹10.0 Lakhs per year
IDBI Bank	₹3.7 Lakhs to ₹15.0 Lakhs per year
AU Small Finance Bank	₹4.6 Lakhs to ₹5.5 Lakhs per year
Yes Bank	₹3.2 Lakhs to ₹4.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Manager 1 at Canara Bank in India?

The salary growth for a Assistant Manager 1 at Canara Bank depends on factors such as experience, performance, and promotions. On average, a Assistant Manager 1 can expect the following growth trajectory at Canara Bank:

Experience	Average Salary Range
5 years	₹11.7 Lakhs to ₹15.0 Lakhs per year
7 years	₹8.6 Lakhs to ₹10.9 Lakhs per year
10 years	₹9.1 Lakhs to ₹11.6 Lakhs per year

and so on.

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Canara Bank Assistant Manager 1 Salaries

Canara Bank Assistant Manager 1 salary in India ranges between ₹9.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara Bank latest salaries received from various employees of Canara Bank.