Canara Bank Branch Manager Scale 2 Salaries by 10+ Employees

7 - 13 years exp.

₹11.5 Lakhs - ₹16.9 Lakhs

Salary of majority employees

Fixed (77%)

₹10.9 Lakhs

Variable (23%)

₹3.2 Lakhs

At par with the average Branch Manager Scale 2 Salary in Banking Companies for 7 - 13 years of experience

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Last Updated: 20 Aug 2024

Companies similar to Canara Bank for Branch Manager Scale 2

Company name	Avg Annual Salary	Open Jobs
State Bank of India Branch Manager Scale 2 Salary 3 - 19 years exp. (8 salaries)	₹15 L/yr - ₹18 L/yr 21% more
ICICI Bank Branch Manager Scale 2 Salary 11 - 17 years exp. (7 salaries)	₹10.8 L/yr - ₹17.7 L/yr 5% less
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Bank of Baroda Branch Manager Scale 2 Salary 5 - 9 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 7% less
Bank of India Branch Manager Scale 2 Salary 8 - 11 years exp. (5 salaries)	₹11.5 L/yr - ₹18 L/yr 5% more
IndusInd Bank Branch Manager Scale 2 Salary 9 - 18 years exp. (4 salaries)	₹9.5 L/yr - ₹12 L/yr 23% less
Central Bank of India Branch Manager Scale 2 Salary 5 - 11 years exp. (4 salaries)	₹4.2 L/yr - ₹17 L/yr 16% less
HDFC Bank Branch Manager Scale 2 Salary 12 - 16 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 12% more
Union Bank of India Branch Manager Scale 2 Salary 7 - 15 years exp. (4 salaries)	₹12 L/yr - ₹16 L/yr At par
Punjab National Bank Branch Manager Scale 2 Salary 9 - 11 years exp. (4 salaries)	₹10.8 L/yr - ₹17.5 L/yr 2% less
AU Small Finance Bank Branch Manager Scale 2 Salary 4 - 11 years exp. (4 salaries)	₹3.7 L/yr - ₹10 L/yr 54% less

Branch Manager Scale 2 salary at Canara Bank ranges between ₹11.5 Lakhs to ₹16.9 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 11 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Branch Manager Scale 2 salaries

Last Updated: 20 Aug 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹24.5 L/yr
8 years (3 salaries)	₹11.5 L/yr - ₹15.4 L/yr
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9 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹15 L/yr
10 years (3 salaries)	₹12.5 L/yr - ₹16.9 L/yr
11 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹16.5 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹16.5 L/yr

View all

Similar Designation salaries in Canara Bank

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Branch Head Salary

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₹10 L/yr - ₹22 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Deputy Manager Salary

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₹8 L/yr - ₹17.55 L/yr

Chief Manager Salary

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₹13.08 L/yr - ₹45 L/yr

Senior Branch Manager Salary

(18 salaries)

₹10 L/yr - ₹24 L/yr

Deputy Branch Manager Salary

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₹6.1 L/yr - ₹9.15 L/yr

Operations Manager Salary

(5 salaries)

₹12 L/yr - ₹13.5 L/yr

Salary related reviews for Canara Bank

4.3

Rated by 2 employees for salary & benefits

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

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

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

Credit Manager in Meerut

BFSI, Investments & Trading Department

4.0

• posted on 24 Oct 2018

4.0

for Salary and Benefits

Likes

Conducive work culture, lot of opportunities to grow, reputation in the society and good salary as well.

Salary - Good

+5 more

Dislikes

Transfers are prominent in all nationalised banks. So always be ready to relocate though you learn your environment wherever we go.

Senior Branch Manager in Ahmedabad

BFSI, Investments & Trading Department

5.0

• posted on 30 Sep 2019

3.0

for Salary and Benefits

Likes

...ociety. Naturally the philosophy in SyndicateBank was/ different from its peers. There is sufficient freedom to work to your potential, though the compensation is not commensurate.

Skill development - Good

+4 more

Dislikes

Performance and merits were not recognized and rewarded. Promotion process was not professional and transparent. Nepotism and favouritism played the big role in the process.

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Canara Bank Branch Manager Scale 2 Salary FAQs

What is the salary of Branch Manager Scale 2 at Canara Bank ?

The average salary of a Branch Manager Scale 2 at Canara Bank in India typically ranges from ₹11.5 Lakhs to ₹16.9 Lakhs per year, depending on experience (from 7 years to 13 years).

The top 10% of Branch Manager Scale 2 at Canara Bank earn more than ₹16.7 Lakhs per year, and the top 1% earn over ₹16.9 Lakhs per year. Branch Manager Scale 2 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 10+ Canara Bank employees in India.

What is the estimated take home salary of a Branch Manager Scale 2 at Canara Bank in India?

The estimated take-home salary of a Branch Manager Scale 2 at Canara Bank in India typically ranges from ₹98,393 to ₹1,01,063 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹16.9 Lakhs per year for employees with experience ranging from 7 years to 13 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 10+ 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 Branch Manager Scale 2 in India?

State Bank of India	₹15.0 Lakhs to ₹18.0 Lakhs per year
HDFC Bank	₹13.0 Lakhs to ₹17.0 Lakhs per year
Bank of India	₹11.5 Lakhs to ₹18.0 Lakhs per year
Union Bank of India	₹12.0 Lakhs to ₹16.0 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 Branch Manager Scale 2 in companies similar to Canara Bank in India?

The salary of a Branch Manager Scale 2 at companies similar to Canara Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Punjab National Bank	₹10.8 Lakhs to ₹17.5 Lakhs per year
ICICI Bank	₹10.8 Lakhs to ₹17.7 Lakhs per year
Bank of Baroda	₹12.0 Lakhs to ₹15.0 Lakhs per year
Central Bank of India	₹4.2 Lakhs to ₹17.0 Lakhs per year
IndusInd Bank	₹9.5 Lakhs to ₹12.0 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 Branch Manager Scale 2 at Canara Bank in India?

The salary growth for a Branch Manager Scale 2 at Canara Bank depends on factors such as experience, performance, and promotions. On average, a Branch Manager Scale 2 can expect the following growth trajectory at Canara Bank:

Experience	Average Salary Range
7 years	₹12.8 Lakhs to ₹24.5 Lakhs per year
8 years	₹11.5 Lakhs to ₹15.4 Lakhs per year
9 years	₹12.5 Lakhs to ₹15.0 Lakhs per year
10 years	₹12.5 Lakhs to ₹16.9 Lakhs per year

and so on.

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Canara Bank Branch Manager Scale 2 Salaries by Location

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Canara Bank Branch Manager Scale 2 Salaries

Canara Bank Branch Manager Scale 2 salary in India ranges between ₹11.5 Lakhs to ₹16.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Canara Bank latest salaries received from various employees of Canara Bank.

Canara Bank Branch Manager Scale 2 salaries in India

Companies similar to Canara Bank for Branch Manager Scale 2

Latest annual salaries shared by Canara Bank Branch Manager Scale 2

Experience wise Canara Bank Branch Manager Scale 2 salaries

Similar Designation salaries in Canara Bank

Salary related reviews for Canara Bank

Chief Manager in Ernakulam

Branch Manager in Baghpat

Accountant in Bangalore / Bengaluru

Credit Manager in Meerut

Senior Branch Manager in Ahmedabad

Canara Bank Branch Manager Scale 2 Salary FAQs

Tell us how to improve this page.

Canara Bank Branch Manager Scale 2 Salaries by Location