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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%)
₹2.4 Lakhs
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141% 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: 16 Feb 2025

Companies similar to Canara Bank for Credit Manager

Company name Avg Annual Salary Open Jobs
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State Bank of India Credit Manager Salary

3 - 14 years exp. (47 salaries)

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₹10 L/yr - ₹32 L/yr

arrow icon 2% more
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Bank of Baroda Credit Manager Salary

4 - 13 years exp. (169 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 7% less
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Punjab National Bank Credit Manager Salary

4 - 9 years exp. (45 salaries)

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₹6.8 L/yr - ₹20 L/yr

arrow icon 15% less
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Axis Bank Credit Manager Salary

0 - 12 years exp. (824 salaries)

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₹4 L/yr - ₹14.8 L/yr

arrow icon 54% 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 - ₹14.3 L/yr

arrow icon 55% less
7 job openings
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.3k salaries)

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₹4.3 L/yr - ₹17.1 L/yr

arrow icon 47% less
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (1k salaries)

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₹4 L/yr - ₹14.5 L/yr

arrow icon 52% less
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (228 salaries)

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₹3.4 L/yr - ₹12.8 L/yr

arrow icon 59% less
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Yes Bank Credit Manager Salary

0 - 10 years exp. (440 salaries)

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₹4.2 L/yr - ₹14.4 L/yr

arrow icon 54% less
1 job opening
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Federal Bank Credit Manager Salary

2 - 12 years exp. (87 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 17% less
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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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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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12 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: 16 Feb 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 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
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Canara Bank Credit Manager Salary and Career Growth

From

To

Credit Manager

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7 - 12 years exp.

Senior Manager Credit

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unlock blur Lakhs/yr

6 - 13 years exp.

From

To

Credit Manager

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7 - 12 years exp.

Treasury Manager

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4 - 12 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
(123 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
(147 salaries)
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₹12 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.

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  • 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?
Credit Manager salary at Canara Bank in India ranges between ₹11.1 Lakhs to ₹26.0 Lakhs for experience between 7 years to 12 years. According to our estimates it is 141% more than the average Credit Manager Salary in India. Salary estimates are based on 36 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 141% 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?
  • Barclays Credit Manager Salary - ₹11.2 Lakhs to ₹27.0 Lakhs per year
  • State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to Canara Bank in India?
  • IDBI Bank Credit Manager Salary - ₹8.0 Lakhs to ₹28.9 Lakhs per year
  • Bank of Baroda Credit Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
  • Deutsche Bank Credit Manager Salary - ₹7.8 Lakhs to ₹27.0 Lakhs per year
  • Punjab National Bank Credit Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
  • Federal Bank Credit Manager Salary - ₹10.0 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 ₹1,25,426 per month to ₹1,29,405 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 ₹26.0 Lakhs per year for employees with experience between 7 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, 61% 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 41 responses on AmbitionBox in last 2 years.

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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.