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Canara Bank

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Canara Bank Credit Officer salaries in India (Updated 2025)

Annual salary range
7 - 12 years exp.
₹8 Lakhs - ₹19.5 Lakhs
Salary of majority employees
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261% more than the average Credit Officer Salary in Banking Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Officer Salary
8 - 12 years exp. (8 salaries)
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₹8.5 L/yr - ₹19.5 L/yr

Finance & Accounting
Credit Officer Salary
7 - 9 years exp. (4 salaries)
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₹8 L/yr - ₹15 L/yr

Administration & Facilities
Credit Officer Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹11.5 L/yr - ₹15.6 L/yr

Last Updated: 6 Jan 2025

Companies similar to Canara Bank for Credit Officer

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

2 - 8 years exp. (31 salaries)

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₹8.5 L/yr - ₹17 L/yr

arrow icon 11% less
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Bank of Baroda Credit Officer Salary

5 - 12 years exp. (106 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 6% more
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Punjab National Bank Credit Officer Salary

0 - 4 years exp. (6 salaries)

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₹5.3 L/yr - ₹12 L/yr

arrow icon 19% less
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Axis Bank Credit Officer Salary

0 - 6 years exp. (175 salaries)

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₹1.2 L/yr - ₹6.8 L/yr

arrow icon 72% less
1 job opening
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HDFC Bank Credit Officer Salary

1 - 8 years exp. (251 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 80% less
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ICICI Bank Credit Officer Salary

0 - 6 years exp. (118 salaries)

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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 81% less
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Kotak Mahindra Bank Credit Officer Salary

1 - 6 years exp. (96 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 79% less
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IndusInd Bank Credit Officer Salary

1 - 9 years exp. (137 salaries)

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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 79% less
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Yes Bank Credit Officer Salary

2 - 10 years exp. (50 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 78% less
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Federal Bank Credit Officer Salary

0 - 6 years exp. (21 salaries)

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₹5.1 L/yr - ₹16 L/yr

arrow icon 17% less
View all
Credit Officer salary at Canara Bank ranges between ₹8 Lakhs to ₹19.5 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 16 latest salaries received from various employees of Canara Bank.

Latest annual salaries shared by Canara Bank Credit Officer

2mo ago
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10 years exp.
2mo ago
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12 years exp.
4mo ago
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10 years exp.
6mo ago
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10 years exp.
7mo ago
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7 years exp.
9mo ago
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11 years exp.
1y ago
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8 years exp.
1y ago
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9 years exp.
1y ago
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8 years exp.
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9 years exp.

Experience wise Canara Bank Credit Officer salaries

Last Updated: 6 Jan 2025

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹12.5 L/yr
8 years  (4 salaries)

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₹8.5 L/yr - ₹22.2 L/yr
9 years  (5 salaries)

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₹8 L/yr - ₹15 L/yr
10 years  (3 salaries)

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₹5.3 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)

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₹9.6 L/yr - ₹14.5 L/yr
View all
Canara Bank Credit Officer Salary and Career Growth

From

To

Credit Officer

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7 - 12 years exp.

Treasury Manager

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4 - 12 years exp.

Credit Officer 7 - 12 years exp.
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Credit Manager 7 - 12 years exp.
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arrow icon 44% hike
    Treasury Manager 4 - 12 years exp.
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    From

    To

    Credit Officer

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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 Manager Salary
    (36 salaries)
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    ₹11.05 L/yr - ₹26 L/yr
    Sales Officer Salary
    (3 salaries)
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    ₹3 L/yr - ₹3.4 L/yr
    Credit Analyst Salary
    (12 salaries)
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    ₹10.5 L/yr - ₹24 L/yr
    Senior Credit Officer Salary
    (AmbitionBox Estimate)
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    ₹10.8 L/yr - ₹13.8 L/yr
    Officer Salary
    (179 salaries)
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    ₹5.08 L/yr - ₹18 L/yr
    Credit Underwriter Salary
    (AmbitionBox Estimate)
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    ₹15.3 L/yr - ₹19.5 L/yr
    Branch Manager Salary
    (127 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
    (145 salaries)
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    ₹12 L/yr - ₹45 L/yr
    Sales Manager Salary
    (AmbitionBox Estimate)
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    ₹2.8 L/yr - ₹3.6 L/yr
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    Salary related reviews for Canara Bank

    3.6

    Rated by 11 employees for salary & benefits

    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

    read more

    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

    read more
    • 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

    BFSI, Investments & Trading Department

    3.0
      •  posted on 21 May 2022

    4.0
     for  Salary and Benefits

    Likes

    Salary is good. Decent number of leaves If all the procedures in place are properly followed, can be a good organization

    read more
    • Salary - Good
    • +1 more

    Dislikes

    Promotion is purely based on office politics Lot of power play Leaves though available, taking them is very difficult. HR policies are not in favour of employees and bank should consider establishing a separate HR wing that doesn't come under the powers of normal management that takes care of business.

    read more
    • Work satisfaction - Poor
    • +2 more
    see more salary related reviews

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    Canara Bank Credit Officer Salary FAQs

    What is the salary of Credit Officer at Canara Bank?
    Credit Officer salary at Canara Bank in India ranges between ₹8.0 Lakhs to ₹19.5 Lakhs for experience between 7 years to 12 years. According to our estimates it is 261% more than the average Credit Officer Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Canara Bank India.
    How does the salary of a Credit Officer at Canara Bank India compare with the average salary range for this job?
    The average salary of a Credit Officer at Canara Bank is 261% more than the average salary of a Credit Officer in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Canara Bank to a Credit Officer in India?
    • Central Bank of India Credit Officer Salary - ₹12.4 Lakhs to ₹21.5 Lakhs per year
    • NatWest Group Credit Officer Salary - ₹7.8 Lakhs to ₹20.0 Lakhs per year
    • IDBI Bank Credit Officer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
    • Bank of Baroda Credit Officer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
    What is the salary of a Credit Officer in companies similar to Canara Bank in India?
    • Union Bank of India Credit Officer Salary - ₹6.5 Lakhs to ₹19.5 Lakhs per year
    • State Bank of India Credit Officer Salary - ₹8.5 Lakhs to ₹17.0 Lakhs per year
    • Federal Bank Credit Officer Salary - ₹5.1 Lakhs to ₹16.0 Lakhs per year
    • Punjab National Bank Credit Officer Salary - ₹5.3 Lakhs to ₹12.0 Lakhs per year
    • Bank of India Credit Officer Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
    What is the estimated take home salary of a Credit Officer at Canara Bank in India?
    The estimated take-home salary of a Credit Officer at Canara Bank ranges between ₹92,428 per month to ₹94,905 per month in India. The take-home salary calculation is based on the average Canara Bank Credit Officer salary in India which ranges between ₹8.0 Lakhs to ₹19.5 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 Officer at Canara Bank?
    According to AmbitionBox, 83% of the Canara Bank Credit Officers reported a notice period of 3 Months, 8% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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    Canara Bank Credit Officer salary in India ranges between ₹8 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Canara Bank latest salaries received from various employees of Canara Bank.