Canara Bank Mumbai Assistant Manager Salaries by 30+ Employees (Updated 2025)

2 - 10 years exp.

₹5 Lakhs - ₹17 Lakhs

Salary of majority employees

45% more than the average Assistant Manager Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 - 9 years exp. (9 salaries)	₹5 L/yr - ₹15.3 L/yr
Marketing & Communication Assistant Manager Salary 2 - 10 years exp. (5 salaries)	₹8 L/yr - ₹12.1 L/yr
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Finance & Accounting Assistant Manager Salary 2 - 9 years exp. (3 salaries)	₹8.5 L/yr - ₹17 L/yr
IT & Information Security Assistant Manager Salary 4 - 7 years exp. (3 salaries)	₹9.5 L/yr - ₹13.4 L/yr
Customer Success, Service & Operations Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹13.5 L/yr

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Last Updated: 8 Feb 2025

Companies similar to Canara Bank for Assistant Manager in Mumbai

Canara Bank Assistant Manager Salary

2 - 10 years exp. (30 salaries)

₹5 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	₹1.5 L/yr - ₹5 L/yr 71% less
Axis Bank Assistant Manager Salary 0 - 9 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 66% less	2 job openings
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 67% less
HDFC Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 68% less
Yes Bank Assistant Manager Salary 0 - 10 years exp. (836 salaries)	₹2.4 L/yr - ₹6.6 L/yr 63% less	1 job opening
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (577 salaries)	₹1.7 L/yr - ₹6.2 L/yr 68% less
IDFC FIRST Bank Assistant Manager Salary 0 - 12 years exp. (555 salaries)	₹2.3 L/yr - ₹6.6 L/yr 60% less
RBL Bank Assistant Manager Salary 0 - 10 years exp. (503 salaries)	₹2 L/yr - ₹7 L/yr 66% less
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (183 salaries)	₹5 L/yr - ₹17.5 L/yr 3% more
AU Small Finance Bank Assistant Manager Salary 0 - 12 years exp. (181 salaries)	₹2.6 L/yr - ₹7 L/yr 60% less

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Assistant Manager salary at Canara Bank ranges between ₹5 Lakhs to ₹17 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 30 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Assistant Manager salaries in Mumbai

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
2 years (5 salaries)	₹6 L/yr - ₹19.6 L/yr
3 years (5 salaries)	₹5 L/yr - ₹15 L/yr
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4 years (6 salaries)	₹5 L/yr - ₹12 L/yr
5 years (5 salaries)	₹5.5 L/yr - ₹12.1 L/yr
6 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
8 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
9 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
10 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

2 - 11 years exp.

Assistant General Manager

₹

Lakhs/yr

15 - 31 years exp.

Assistant Manager

2 - 11 years exp.

Manager

4 - 14 years exp.

35% hike

Senior Manager

8 - 15 years exp.

31% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Canara Bank

Branch Manager Salary

(3 salaries)

₹10 L/yr - ₹18.5 L/yr

Top skills at Canara Bank for Assistant Manager

Trade Back Office Front Office

Salary related reviews for Canara Bank

3.4

Rated by 6 employees for salary & benefits

Assistant Manager in New Delhi

Credit Department

3.0

• posted on 26 Oct 2019

4.0

for Salary and Benefits

Likes

Only salary and benefits are good, since there is a bipartite negotiation system for wages, which is good at officers cadre but dismal for clerks.

Salary - Good

+1 more

Dislikes

Interdepartmental cooperation, dedicated helpdesk not available, long working hours, rural postings

Assistant Manager in Lucknow

Data Science & Analytics Department

1.0

• posted on 20 Mar 2019

2.0

for Salary and Benefits

Likes

just some perks like conveyance and medical. Salary just 34000 starting for a PO which only increases 1500 per month in an annual increment

Job security - Good

Dislikes

...rassment from top management. Very high targets and illogically defined targets. Very bogus salary structure. Other PSUs are earning double or triple. Even a hospital nurse is earning 1.5 times than us. Transfer every 3 years

Salary - Poor

+5 more

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

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Canara Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Canara Bank in Mumbai?

The average salary of a Assistant Manager at Canara Bank in Mumbai typically ranges from ₹5.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Assistant Manager in Mumbai at Canara Bank earn more than ₹15.1 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Assistant Manager 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 30+ Canara Bank employees in India.

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

The estimated take-home salary of a Assistant Manager at Canara Bank in Mumbai typically ranges from ₹86,079 to ₹88,333 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 2 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 30+ salaries received from various employees of Canara Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at Canara Bank in Mumbai?

To be a Assistant Manager at Canara Bank in Mumbai, the key skills required include:

- Trade
- Back Office
- Front Office

These skills are highly valued at Canara Bank and are crucial for successful performance in a Software Engineering role.

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

Reserve Bank of India	₹9.0 Lakhs to ₹35.0 Lakhs per year
Bank of America	₹8.0 Lakhs to ₹24.5 Lakhs per year
Barclays	₹7.5 Lakhs to ₹24.0 Lakhs per year
State Bank of India	₹5.2 Lakhs to ₹18.0 Lakhs per year
Bank of India	₹8.0 Lakhs to ₹14.5 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 in companies similar to Canara Bank in Mumbai?

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

Barclays Investment Bank	₹8.0 Lakhs to ₹13.4 Lakhs per year
IDBI Bank	₹5.0 Lakhs to ₹17.5 Lakhs per year
Bank of Baroda	₹6.0 Lakhs to ₹16.8 Lakhs per year
Union Bank of India	₹5.0 Lakhs to ₹14.0 Lakhs per year
Standard Chartered	₹5.0 Lakhs to ₹18.4 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 at Canara Bank in Mumbai?

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

Experience	Average Salary Range
2 years	₹6.0 Lakhs to ₹19.6 Lakhs per year
3 years	₹5.0 Lakhs to ₹15.0 Lakhs per year
4 years	₹5.0 Lakhs to ₹12.0 Lakhs per year
5 years	₹5.5 Lakhs to ₹12.1 Lakhs per year

and so on.

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Canara Bank Assistant Manager Salaries in Mumbai

Canara Bank Assistant Manager salary in Mumbai ranges between ₹5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Canara Bank latest salaries received from various employees of Canara Bank.