Canara Bank Business Correspondent Salaries by 9 Employees (Updated 2025)

1 - 6 years exp.

₹1.2 Lakh - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

At par with the average Business Correspondent Salary in Banking Companies for 1 - 6 years of experience

Interested in this particular role?

Last Updated: 23 Nov 2024

Companies similar to Canara Bank for Business Correspondent

Company name	Avg Annual Salary	Open Jobs
State Bank of India Business Correspondent Salary 1 - 12 years exp. (36 salaries)	₹1.3 L/yr - ₹4 L/yr 5% more
ICICI Bank Business Correspondent Salary 0 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹3.5 L/yr 10% more
Login to view exact salary
HDFC Bank Business Correspondent Salary 1 - 5 years exp. (6 salaries)	₹1.9 L/yr - ₹3.6 L/yr 6% less
Axis Bank Business Correspondent Salary 2 - 7 years exp. (6 salaries)	₹0.9 L/yr - ₹2.8 L/yr 17% less
Punjab National Bank Business Correspondent Salary 2 - 13 years exp. (6 salaries)	₹1.5 L/yr - ₹2.5 L/yr 19% less
Bank of Baroda Business Correspondent Salary 2 - 10 years exp. (20 salaries)	₹1.7 L/yr - ₹4.2 L/yr 8% less
IDFC FIRST Bank Business Correspondent Salary 2 - 12 years exp. (4 salaries)	₹2.1 L/yr - ₹4 L/yr 14% more
IndusInd Bank Business Correspondent Salary 2 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹3 L/yr 5% more
Bank of India Business Correspondent Salary 0 - 10 years exp. (12 salaries)	₹1 L/yr - ₹4.5 L/yr 4% more
Central Bank of India Business Correspondent Salary 0 - 6 years exp. (9 salaries)	₹1.5 L/yr - ₹3 L/yr 9% less
Union Bank of India Business Correspondent Salary 0 - 5 years exp. (5 salaries)	₹1 L/yr - ₹3.3 L/yr 20% less
Login to view exact salary

Business Correspondent salary at Canara Bank ranges between ₹1.2 Lakh to ₹5.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Business Correspondent salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
2 years (3 salaries)	₹1.2 L/yr - ₹2.8 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹5.2 L/yr
5 years (3 salaries)	₹2 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹5.2 L/yr

View all

Similar Designation salaries in Canara Bank

Business Development Manager Salary

(3 salaries)

₹2.7 L/yr - ₹7 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Sales Associate Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Team Lead Salary

(4 salaries)

₹2.5 L/yr - ₹5 L/yr

Branch Manager Salary

(122 salaries)

₹6 L/yr - ₹21 L/yr

Sales Officer Salary

(3 salaries)

₹3 L/yr - ₹3.4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Canara Bank

2.5

Rated by 4 employees for salary & benefits

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

Got a question about Canara Bank?

Ask anonymously on communities.

Canara Bank Business Correspondent Salary FAQs

What is the salary of Business Correspondent at Canara Bank?

Business Correspondent salary at Canara Bank in India ranges between ₹1.2 Lakhs to ₹5.2 Lakhs for experience between 1 years to 6 years. According to our estimates it is 3% less than the average Business Correspondent Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Canara Bank India.

How does the salary of a Business Correspondent at Canara Bank India compare with the average salary range for this job?

The average salary of a Business Correspondent at Canara Bank is 3% less than the average salary of a Business Correspondent in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara Bank to a Business Correspondent in India?

IDFC FIRST Bank Business Correspondent Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
ICICI Bank Business Correspondent Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
IndusInd Bank Business Correspondent Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
State Bank of India Business Correspondent Salary - ₹1.3 Lakhs to ₹4.0 Lakhs per year
Bank of India Business Correspondent Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Business Correspondent in companies similar to Canara Bank in India?

HDFC Bank Business Correspondent Salary - ₹1.9 Lakhs to ₹3.6 Lakhs per year
Bank of Baroda Business Correspondent Salary - ₹1.7 Lakhs to ₹4.2 Lakhs per year
Central Bank of India Business Correspondent Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
Axis Bank Business Correspondent Salary - ₹0.9 Lakhs to ₹2.8 Lakhs per year
Punjab National Bank Business Correspondent Salary - ₹1.5 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Business Correspondent at Canara Bank in India?

The estimated take-home salary of a Business Correspondent at Canara Bank ranges between ₹18,098 per month to ₹19,790 per month in India. The take-home salary calculation is based on the average Canara Bank Business Correspondent salary in India which ranges between ₹1.2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Correspondent at Canara Bank?

According to AmbitionBox, 50% of the Canara Bank Business Correspondents reported a notice period of 15 days or less, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Canara Bank Business Correspondent Salaries by Location

Home >
Salaries >
Canara Bank Salaries >
Canara Bank Business Correspondent Salaries

Canara Bank Business Correspondent salary in India ranges between ₹1.2 Lakh to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Canara Bank latest salaries received from various employees of Canara Bank.