Canara Bank Mumbai Credit Manager Salaries by 4 Employees

7 - 12 years exp.

₹13 Lakhs - ₹19.4 Lakhs

Salary of majority employees

Fixed (88%)

₹16.4 Lakhs

Variable (12%)

₹2.3 Lakhs

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129% 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 8 years exp. (AmbitionBox Estimate)	Unlock ₹15.8 L/yr - ₹17 L/yr
Login to view exact salary
Finance & Accounting Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹17 L/yr - ₹21.2 L/yr

Last Updated: 19 Jan 2024

Companies similar to Canara Bank for Credit Manager in Mumbai

Canara Bank Credit Manager Salary

7 - 12 years exp. (4 salaries)

Unlock

₹13 L/yr - ₹19.4 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Manager Salary 12 - 14 years exp. (6 salaries)	Unlock ₹12 L/yr - ₹27 L/yr 2% more
Bank of Baroda Credit Manager Salary 4 - 12 years exp. (26 salaries)	Unlock ₹8 L/yr - ₹19 L/yr 8% less
Login to view exact salary
Punjab National Bank Credit Manager Salary 4 - 9 years exp. (13 salaries)	Unlock ₹10 L/yr - ₹20 L/yr 14% less
Axis Bank Credit Manager Salary 0 - 12 years exp. (148 salaries)	Unlock ₹4 L/yr - ₹15.3 L/yr 50% less
HDFC Bank Credit Manager Salary 0 - 11 years exp. (451 salaries)	Unlock ₹4 L/yr - ₹15 L/yr 50% less	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (560 salaries)	Unlock ₹4 L/yr - ₹17.4 L/yr 47% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (237 salaries)	Unlock ₹3.7 L/yr - ₹13 L/yr 56% less
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (35 salaries)	Unlock ₹3.6 L/yr - ₹11 L/yr 61% less	1 job opening
Yes Bank Credit Manager Salary 0 - 10 years exp. (75 salaries)	Unlock ₹4.6 L/yr - ₹14 L/yr 55% less	1 job opening
Federal Bank Credit Manager Salary 2 - 12 years exp. (33 salaries)	Unlock ₹11 L/yr - ₹20 L/yr 16% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (211 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 58% less
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AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (36 salaries)	Unlock ₹4.1 L/yr - ₹10 L/yr 64% less
RBL Bank Credit Manager Salary 2 - 11 years exp. (27 salaries)	Unlock ₹3 L/yr - ₹11.7 L/yr 63% less
IDBI Bank Credit Manager Salary 2 - 17 years exp. (13 salaries)	Unlock ₹12 L/yr - ₹28.9 L/yr 4% more
Bank of India Credit Manager Salary 5 - 9 years exp. (7 salaries)	Unlock ₹9 L/yr - ₹18 L/yr 28% less
Central Bank of India Credit Manager Salary 2 - 7 years exp. (5 salaries)	Unlock ₹11.4 L/yr - ₹16 L/yr 25% less
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	Unlock ₹11 L/yr - ₹15.4 L/yr 28% less
Union Bank of India Credit Manager Salary 6 - 11 years exp. (4 salaries)	Unlock ₹10 L/yr - ₹19 L/yr 17% less
Shinhan Bank Credit Manager Salary 6 - 11 years exp. (4 salaries)	Unlock ₹8.5 L/yr - ₹12 L/yr 47% less

Credit Manager salary at Canara Bank ranges between ₹13 Lakhs to ₹19.4 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Credit Manager salaries in Mumbai

Last Updated: 19 Jan 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹32.4 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹17 L/yr - ₹32.9 L/yr
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9 years (AmbitionBox Estimate)	Unlock ₹16.7 L/yr - ₹21.3 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹16.9 L/yr - ₹21.6 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹17.2 L/yr - ₹22 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹13 L/yr - ₹34.9 L/yr

View all

From

Credit Manager

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7 - 12 years exp.

Treasury Manager

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4 - 12 years exp.

From

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

Chief Manager Salary

(15 salaries)

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₹12 L/yr - ₹45 L/yr

Credit Analyst Salary

(3 salaries)

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₹13 L/yr - ₹19.39 L/yr

Branch Manager Salary

(3 salaries)

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₹10 L/yr - ₹18.5 L/yr

Salary related reviews for Canara Bank

4.2

Rated by 3 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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Canara Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Canara Bank Mumbai?

Credit Manager salary at Canara Bank in Mumbai ranges between ₹13.0 Lakhs to ₹19.4 Lakhs for experience between 7 years to 12 years. According to our estimates it is 129% more than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara Bank Mumbai.

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

The average salary of a Credit Manager at Canara Bank is 129% more than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

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

IDBI Bank Credit Manager Salary - ₹12.0 Lakhs to ₹28.9 Lakhs per year
State Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year

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

Bank of Baroda Credit Manager Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year
Punjab National Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
Federal Bank Credit Manager Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹19.0 Lakhs per year
Central Bank of India Credit Manager Salary - ₹11.4 Lakhs to ₹16.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Canara Bank ranges between ₹1,24,717 per month to ₹1,28,602 per month in Mumbai. The take-home salary calculation is based on the average Canara Bank Credit Manager salary in India which ranges between ₹13.0 Lakhs to ₹19.4 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 in Mumbai?

According to AmbitionBox, 100% of the Canara Bank Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Canara Bank Credit Manager Salaries in Mumbai

Canara Bank Credit Manager salary in Mumbai ranges between ₹13 Lakhs to ₹19.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara Bank latest salaries received from various employees of Canara Bank.