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Canara Bank

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Canara Bank Credit Manager salaries in India (Updated 2025)

Annual salary range
7 - 12 years exp.
₹11.1 Lakhs - ₹26 Lakhs
Salary of majority employees
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Fixed (87%)
₹16.4 Lakhs
Variable (13%)
₹2.5 Lakhs
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142% more than the average Credit Manager Salary in Banking Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
7 - 12 years exp. (17 salaries)
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₹11.1 L/yr - ₹26 L/yr

Finance & Accounting
Credit Manager Salary
7 - 10 years exp. (8 salaries)
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₹17 L/yr - ₹25 L/yr

Last Updated: 8 Mar 2025

Companies similar to Canara Bank for Credit Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.3k salaries)

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₹4.3 L/yr - ₹17.5 L/yr

arrow icon 47% less
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (2.7k salaries)

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₹3.5 L/yr - ₹15 L/yr

arrow icon 55% less
12 job openings
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Kotak Mahindra Bank Credit Manager Salary

0 - 10 years exp. (1k salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 51% less
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Axis Bank Credit Manager Salary

0 - 12 years exp. (826 salaries)

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₹4 L/yr - ₹14.8 L/yr

arrow icon 53% less
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (822 salaries)

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₹3 L/yr - ₹13.5 L/yr

arrow icon 59% less
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AU Small Finance Bank Credit Manager Salary

0 - 11 years exp. (525 salaries)

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₹2.4 L/yr - ₹11 L/yr

arrow icon 68% less
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Yes Bank Credit Manager Salary

1 - 12 years exp. (374 salaries)

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₹4.2 L/yr - ₹16.2 L/yr

arrow icon 51% less
1 job opening
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Bandhan Bank Credit Manager Salary

0 - 11 years exp. (406 salaries)

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₹2.5 L/yr - ₹10 L/yr

arrow icon 68% less
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (210 salaries)

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₹3.4 L/yr - ₹13.1 L/yr

arrow icon 58% less
9 job openings
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Bank of Baroda Credit Manager Salary

4 - 13 years exp. (209 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 9% less
View all
Credit Manager salary at Canara Bank ranges between ₹11.1 Lakhs to ₹26 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 36 latest salaries received from various employees of Canara Bank.

Latest annual salaries shared by Canara Bank Credit Manager

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12 years exp.
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11 years exp.
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10 years exp.
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11 years exp.
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10 years exp.
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9 years exp.
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11 years exp.
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9 years exp.
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10 years exp.

Experience wise Canara Bank Credit Manager salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
7 years  (7 salaries)

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₹11.1 L/yr - ₹20 L/yr
8 years  (8 salaries)

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₹12 L/yr - ₹33.2 L/yr
9 years  (10 salaries)

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₹12 L/yr - ₹25 L/yr
10 years  (6 salaries)

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₹15 L/yr - ₹25 L/yr
11 years  (3 salaries)

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₹18 L/yr - ₹26 L/yr
View all
Canara Bank Credit Manager Salary and Career Growth

From

To

Credit Manager

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7 - 12 years exp.

Treasury Manager

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4 - 12 years exp.

From

To

Credit Manager

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7 - 12 years exp.

Senior Manager Credit

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6 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Canara Bank

Credit Officer Salary
(16 salaries)
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₹8 L/yr - ₹19.5 L/yr
Branch Manager Salary
(124 salaries)
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₹6 L/yr - ₹21 L/yr
Deputy Manager Salary
(3 salaries)
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₹8 L/yr - ₹17.55 L/yr
Chief Manager Salary
(150 salaries)
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₹13.08 L/yr - ₹45 L/yr
Credit Analyst Salary
(12 salaries)
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₹10.5 L/yr - ₹24 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
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₹13 L/yr - ₹26 L/yr
Regional Credit Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Credit Underwriter Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
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₹14.52 L/yr - ₹15 L/yr

Salary related reviews for Canara Bank

3.2

Rated by 11 employees for salary & benefits

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.

read more
  • 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.

read more

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

read more
  • 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.

read more
  • Work satisfaction - Poor
  • +2 more

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.

read more
  • 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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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.

read more
  • Salary - Bad
  • +6 more

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

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  • 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.

read more
  • Skill development - Poor
  • +3 more
see more salary related reviews

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Canara Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Canara Bank ?
The average salary of a Credit Manager at Canara Bank in India typically ranges from ₹11.1 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Credit Manager at Canara Bank earn more than ₹24.8 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Credit Manager 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 30+ Canara Bank employees in India.
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 in India typically ranges from ₹1,25,690 to ₹1,29,705 per month. This is based on the average salary range of ₹11.1 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 7 years to 12 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 30+ 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 Credit Manager in India?
Deutsche Bank ₹21.0 Lakhs to ₹28.0 Lakhs per year
IDBI Bank ₹8.5 Lakhs to ₹32.0 Lakhs per year
State Bank of India ₹10.0 Lakhs to ₹32.0 Lakhs per year
Barclays ₹8.0 Lakhs to ₹27.0 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 Credit Manager in companies similar to Canara Bank in India?
The salary of a Credit Manager at companies similar to Canara Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of Baroda ₹7.0 Lakhs to ₹24.0 Lakhs per year
Punjab National Bank ₹8.0 Lakhs to ₹22.0 Lakhs per year
Union Bank of India ₹6.6 Lakhs to ₹20.0 Lakhs per year
Sberbank Branch in India ₹13.5 Lakhs to ₹14.0 Lakhs per year
Standard Chartered ₹7.1 Lakhs to ₹22.0 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 Credit Manager at Canara Bank in India?
The salary growth for a Credit Manager at Canara Bank depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Canara Bank:

Experience Average Salary Range
7 years ₹11.1 Lakhs to ₹20.0 Lakhs per year
8 years ₹12.0 Lakhs to ₹33.2 Lakhs per year
9 years ₹12.0 Lakhs to ₹25.0 Lakhs per year
10 years ₹15.0 Lakhs to ₹25.0 Lakhs per year
and so on.

Tell us how to improve this page.

Canara Bank Credit Manager salary in India ranges between ₹11.1 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 36 Canara Bank latest salaries received from various employees of Canara Bank.