Canara Bank Chennai Banking Officer Salaries by 2 Employees

5 - 7 years exp.

₹9.4 Lakhs - ₹12 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 13 Dec 2024

Companies similar to Canara Bank for Banking Officer in Chennai

Canara Bank Banking Officer Salary

5 - 7 years exp. (AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Banking Officer Salary 0 - 9 years exp. (70 salaries)	₹1.1 L/yr - ₹5.3 L/yr 71% less
IDFC FIRST Bank Banking Officer Salary 0 - 7 years exp. (70 salaries)	₹2.3 L/yr - ₹5.3 L/yr 67% less
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ICICI Bank Banking Officer Salary 0 - 6 years exp. (63 salaries)	₹1.4 L/yr - ₹5 L/yr 69% less
Yes Bank Banking Officer Salary 0 - 6 years exp. (34 salaries)	₹1.2 L/yr - ₹3.5 L/yr 74% less
Standard Chartered Banking Officer Salary 1 - 10 years exp. (34 salaries)	₹2 L/yr - ₹5.6 L/yr 65% less
IndusInd Bank Banking Officer Salary 1 - 7 years exp. (27 salaries)	₹1.6 L/yr - ₹5.5 L/yr 74% less
Axis Bank Banking Officer Salary 0 - 7 years exp. (27 salaries)	₹1.8 L/yr - ₹5.6 L/yr 69% less
Kotak Mahindra Bank Banking Officer Salary 1 - 5 years exp. (17 salaries)	₹1.6 L/yr - ₹4 L/yr 71% less
RBL Bank Banking Officer Salary 1 - 4 years exp. (5 salaries)	₹1.3 L/yr - ₹4.9 L/yr 71% less
State Bank of India Banking Officer Salary 0 - 8 years exp. (5 salaries)	₹5.6 L/yr - ₹12 L/yr 33% less
Bank of India Banking Officer Salary 0 - 5 years exp. (5 salaries)	₹8.4 L/yr - ₹8.5 L/yr 22% less
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Bank of Baroda Banking Officer Salary 3 - 11 years exp. (3 salaries)	₹3 L/yr - ₹10.5 L/yr 32% less

Banking Officer salary at Canara Bank ranges between ₹9.4 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Canara Bank.

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₹11 L/yr - ₹16 L/yr

Salary related reviews for Canara Bank

2.0

Rated by 1 employees for salary & benefits

Banking Officer in It Varies

Full Time

Other Department

3.0

• posted on 21 Nov 2023

3.0

for Salary and Benefits

Likes

Al we can say is the job is secure and they no economy fluctuations affect the salary .it is ever so gradually increasing in a slowest pace possible.

Job security - Good

Dislikes

Everything else is bad in here. Please don't prefer. This is not a government job. We are semi -govt. This is more like IT companies with transferable 'perks'. More pressure,More stress, Very bad work life balance . And you will have a snake as your colleague. Oh wait! Snakes are even better. Also such backward thinking people, still living in 1950s.

Skill development - Bad

+4 more

Banking Officer in Mumbai

Credit Department

5.0

• posted on 11 Apr 2019

3.0

for Salary and Benefits

Likes

...ppreciation for innovation /bringing new ideas towards improvement of processes. However, being a public sector bank, salary was low as per govt control, and I being from General Category, there was trade unionism and reservations, which had adverse impact on my career growth. Also, frequent transfers to all over India, whenever there is promotion, negatively impacts personal life, children education, etc.

Skill development - Excellent

+5 more

Dislikes

Whenever there was promotion, officers were transferred from South to other parts of India, sometimes beyond 2000 kms, which adversely impacts personal life, children education, etc.

Accountant in Bangalore / Bengaluru

Finance & Accounting Department

1.0

• posted on 30 Jun 2022

1.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Salary - Bad

+6 more

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Canara Bank Banking Officer Salary FAQs

How the salary growth look like for a Banking Officer at Canara Bank in Chennai?

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

Experience	Average Salary Range
5 years	₹8.7 Lakhs to ₹11.1 Lakhs per year
6 years	₹8.9 Lakhs to ₹11.4 Lakhs per year
7 years	₹9.2 Lakhs to ₹11.7 Lakhs per year

and so on.

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Canara Bank Banking Officer Salaries in Chennai

Canara Bank Banking Officer salary in Chennai ranges between ₹9.4 Lakhs to ₹12 Lakhs. This is an estimate based on latest salaries received from employees of Canara Bank.