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

6 - 12 years exp.

₹11.1 Lakhs - ₹25 Lakhs

Salary of majority employees

132% more than the average Credit Manager Salary in Banking Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 7 - 12 years exp. (16 salaries)	₹11.1 L/yr - ₹23 L/yr
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Finance & Accounting Credit Manager Salary 6 - 10 years exp. (9 salaries)	₹14.5 L/yr - ₹25 L/yr

Last Updated: 9 Jan 2025

Companies similar to Canara Bank for Credit Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Manager Salary 5 - 14 years exp. (43 salaries)	₹10 L/yr - ₹32 L/yr 15% more
Bank of Baroda Credit Manager Salary 4 - 13 years exp. (170 salaries)	₹8 L/yr - ₹22.8 L/yr 6% less
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Punjab National Bank Credit Manager Salary 4 - 9 years exp. (45 salaries)	₹6.8 L/yr - ₹20 L/yr 12% less
Axis Bank Credit Manager Salary 0 - 12 years exp. (822 salaries)	₹4 L/yr - ₹14.5 L/yr 52% less
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14 L/yr 53% less
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.1k salaries)	₹4.2 L/yr - ₹15 L/yr 44% less	1 job opening
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 50% less
IndusInd Bank Credit Manager Salary 3 - 12 years exp. (216 salaries)	₹3.5 L/yr - ₹13 L/yr 57% less	6 job openings
Yes Bank Credit Manager Salary 0 - 10 years exp. (434 salaries)	₹4 L/yr - ₹14 L/yr 52% less
Federal Bank Credit Manager Salary 2 - 12 years exp. (89 salaries)	₹9 L/yr - ₹20 L/yr 14% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (678 salaries)	₹3 L/yr - ₹13.5 L/yr 57% less
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AU Small Finance Bank Credit Manager Salary 0 - 10 years exp. (511 salaries)	₹2.4 L/yr - ₹11 L/yr 66% less	1 job opening
Bandhan Bank Credit Manager Salary 0 - 11 years exp. (438 salaries)	₹2.5 L/yr - ₹10 L/yr 65% less
RBL Bank Credit Manager Salary 1 - 10 years exp. (143 salaries)	₹2.4 L/yr - ₹11.7 L/yr 64% less
IDBI Bank Credit Manager Salary 2 - 17 years exp. (110 salaries)	₹8 L/yr - ₹27 L/yr 7% more
Bank of India Credit Manager Salary 5 - 11 years exp. (92 salaries)	₹7 L/yr - ₹21 L/yr 24% less
Barclays Credit Manager Salary 6 - 11 years exp. (66 salaries)	₹11.2 L/yr - ₹27 L/yr 11% more
Standard Chartered Credit Manager Salary 4 - 12 years exp. (58 salaries)	₹7.1 L/yr - ₹22 L/yr 24% less
Union Bank of India Credit Manager Salary 6 - 11 years exp. (40 salaries)	₹6.6 L/yr - ₹20 L/yr 13% less
Shinhan Bank Credit Manager Salary 3 - 12 years exp. (24 salaries)	₹6 L/yr - ₹15 L/yr 45% less

View all

Credit Manager salary at Canara Bank ranges between ₹11.1 Lakhs to ₹25 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 34 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Credit Manager salaries

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹31.2 L/yr
7 years (7 salaries)	₹11.1 L/yr - ₹20 L/yr
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8 years (9 salaries)	₹12 L/yr - ₹18 L/yr
9 years (10 salaries)	₹12 L/yr - ₹25 L/yr
10 years (5 salaries)	₹15 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)	₹16.6 L/yr - ₹21.3 L/yr
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Canara Bank

Credit Officer Salary

(16 salaries)

₹8 L/yr - ₹19.5 L/yr

Branch Manager Salary

(138 salaries)

₹6 L/yr - ₹21 L/yr

Deputy Manager Salary

(3 salaries)

₹8 L/yr - ₹17.55 L/yr

Chief Manager Salary

(153 salaries)

₹12 L/yr - ₹40 L/yr

Credit Analyst Salary

(12 salaries)

₹10.5 L/yr - ₹24 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Branch Credit Manager Salary

(3 salaries)

₹13 L/yr - ₹26 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Assistant Credit Manager Salary

(3 salaries)

₹14.52 L/yr - ₹15 L/yr

Salary related reviews for Canara Bank

3.2

Rated by 11 employees for salary & benefits

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.

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

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

Officer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

Good in-hand salary even for a newly joined Officer Perquisites / Allowances

Salary - Good

+1 more

Dislikes

Forget work-life balance Too much pressure not only from the top management but also from some useless lower & middle management people at Regional Offices & Circle Offices. They are working at the administrative offices just because they have godfathers or the management felt they are not fit to work in branches. Transfer policies do not apply for such people. The management really buries the talented people by transferring them to branches that are performing terribly. Such staff are just like troubleshooters and repairers for the top management. The hard-workers keep working hard. That's it. No proper recognition. Only people who know buttering technique get timely promotions, transfers near their home / administrative offices etc. Moreover after the merger of Canara & Syndicate Banks, the working condition became really pathetic. Thank God!! I came out of it at the right time. That too after serving for 5 years. Absolutely there was no regard for an employee who worked for 5 years in the organization. Only harassment.

Skill development - Poor

+3 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Canara Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Canara Bank?

Credit Manager salary at Canara Bank in India ranges between ₹11.1 Lakhs to ₹25.0 Lakhs for experience between 6 years to 12 years. According to our estimates it is 132% more than the average Credit Manager Salary in India. Salary estimates are based on 34 latest salaries received from various employees of Canara Bank India.

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

The average salary of a Credit Manager at Canara Bank is 132% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

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

State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
Barclays Credit Manager Salary - ₹11.2 Lakhs to ₹27.0 Lakhs per year
IDBI Bank Credit Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year

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

Deutsche Bank Credit Manager Salary - ₹7.8 Lakhs to ₹27.0 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹8.0 Lakhs to ₹22.8 Lakhs per year
Punjab National Bank Credit Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
Union Bank of India Credit Manager Salary - ₹6.6 Lakhs to ₹20.0 Lakhs per year
Federal Bank Credit Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Canara Bank ranges between ₹1,21,210 per month to ₹1,24,629 per month in India. The take-home salary calculation is based on the average Canara Bank Credit Manager salary in India which ranges between ₹11.1 Lakhs to ₹25.0 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Canara Bank?

According to AmbitionBox, 62% of the Canara Bank Credit Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 39 responses on AmbitionBox in last 2 years.

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Canara Bank Credit Manager Salaries by Location

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Canara Bank Credit Manager Salaries

Canara Bank Credit Manager salary in India ranges between ₹11.1 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Canara Bank latest salaries received from various employees of Canara Bank.

Canara Bank Credit Manager salaries in India

Companies similar to Canara Bank for Credit Manager

Latest annual salaries shared by Canara Bank Credit Manager

Experience wise Canara Bank Credit Manager salaries

Similar Designation salaries in Canara Bank

Salary related reviews for Canara Bank

Credit Manager in Meerut

Chief Manager in Ernakulam

Officer in Bhopal

Branch Manager in Baghpat

Officer in Bangalore / Bengaluru

Canara Bank Credit Manager Salary FAQs

Tell us how to improve this page.

Canara Bank Credit Manager Salaries by Location