Canara Bank Credit Life Officer Salaries by 4 Employees (Updated 2024)

4 - 9 years exp.

₹3 Lakhs - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

At par with the average Credit Life Officer Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Credit Life Officer Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr
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Finance & Accounting Credit Life Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 10 Sep 2024

Companies similar to Canara Bank for Credit Life Officer

Company name	Avg Annual Salary	Open Jobs
Canara HSBC Life Insurance Credit Life Officer Salary 0 - 7 years exp. (133 salaries)	₹2.3 L/yr - ₹3.8 L/yr 2% more
Star Union Dai-ichi Life Insurance Credit Life Officer Salary 0 - 2 years exp. (4 salaries)	₹2.8 L/yr - ₹3 L/yr 6% less
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Aditya Birla Capital Credit Life Officer Salary 0 - 4 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 12% more

Credit Life Officer salary at Canara Bank ranges between ₹3 Lakhs to ₹3.3 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Credit Life Officer salaries

Last Updated: 10 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

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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.

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.

Dislikes

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

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.

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

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.

Senior Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

Salary is good

Dislikes

Transfers are almost every 2 year and that too pan India. Work culture is toxic. No work life balance. No respect for seniority. It's suffocating. Frequent transfers are loose-loose situation for Employees, customers (No connect with staff) and Bank( Heavy overhead transfer expenses)

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Canara Bank Credit Life Officer Salary FAQs

What is the salary of Credit Life Officer at Canara Bank?

Credit Life Officer salary at Canara Bank in India ranges between ₹3.0 Lakhs to ₹3.3 Lakhs for experience between 4 years to 9 years. According to our estimates it is 4% more than the average Credit Life Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara Bank India.

How does the salary of a Credit Life Officer at Canara Bank India compare with the average salary range for this job?

The average salary of a Credit Life Officer at Canara Bank is 4% more than the average salary of a Credit Life Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara Bank to a Credit Life Officer in India?

Aditya Birla Capital Credit Life Officer Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year
Canara HSBC Life Insurance Credit Life Officer Salary - ₹2.3 Lakhs to ₹3.8 Lakhs per year

What is the salary of a Credit Life Officer in companies similar to Canara Bank in India?

Star Union Dai-ichi Life Insurance Credit Life Officer Salary - ₹2.8 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Credit Life Officer at Canara Bank in India?

The estimated take-home salary of a Credit Life Officer at Canara Bank ranges between ₹22,502 per month to ₹23,978 per month in India. The take-home salary calculation is based on the average Canara Bank Credit Life Officer salary in India which ranges between ₹3.0 Lakhs to ₹3.3 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Life Officer at Canara Bank?

According to AmbitionBox, 100% of the Canara Bank Credit Life Officers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Canara Bank Credit Life Officer Salaries

Canara Bank Credit Life Officer salary in India ranges between ₹3 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara Bank latest salaries received from various employees of Canara Bank.