Canara Bank Mumbai Divisional Manager Salaries by 3 Employees (Updated 2025)

12 - 14 years exp.

₹27.3 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

104% more than the average Divisional Manager Salary in Banking Companies for 12 - 14 years of experience

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Salaries in different departments

Risk Management & Compliance Divisional Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹30 L/yr - ₹30.7 L/yr
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Finance & Accounting Divisional Manager Salary 12 years exp. (AmbitionBox Estimate)	₹28.3 L/yr - ₹30 L/yr

Last Updated: 8 Feb 2025

Companies similar to Canara Bank for Divisional Manager in Mumbai

Canara Bank Divisional Manager Salary

12 - 14 years exp. (3 salaries)

₹27.3 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Divisional Manager Salary 5 - 11 years exp. (5 salaries)	₹7.8 L/yr - ₹13 L/yr 70% less
Micro Labs Divisional Manager Salary 16 - 26 years exp. (12 salaries)	₹9.3 L/yr - ₹15.5 L/yr 60% less
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Raychem RPG Divisional Manager Salary 13 - 24 years exp. (8 salaries)	₹25 L/yr - ₹35 L/yr 17% more
Fraazo Divisional Manager Salary 7 - 15 years exp. (7 salaries)	₹7 L/yr - ₹13 L/yr 65% less
Jumbo Finvest India Divisional Manager Salary 23 - 26 years exp. (5 salaries)	₹16 L/yr - ₹18 L/yr 38% less

Divisional Manager salary at Canara Bank ranges between ₹27.3 Lakhs to ₹30 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Divisional Manager salaries in Mumbai

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹30 L/yr
13 years (AmbitionBox Estimate)	₹11 L/yr - ₹30 L/yr
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14 years (AmbitionBox Estimate)	₹11 L/yr - ₹30 L/yr

Similar Designation salaries in Canara Bank

Branch Manager Salary

(3 salaries)

₹10 L/yr - ₹18.5 L/yr

Salary related reviews for Canara Bank

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

Branch Manager

Finance & Accounting Department

4.0

• posted on 23 Mar 2019

4.0

for Salary and Benefits

Likes

...security.good carrier growth opportunity. best training programmes are provided.good salary. friendly working environment with latest technology up gradation.

Salary - Good

+5 more

Dislikes

work pressure is very high. no working time limit for officers

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

Manager LAW in Patna

Full Time

Legal & Regulatory Department

1.0

• posted on 29 Sep 2024

5.0

for Salary and Benefits

Likes

Salary and perks

Salary - Excellent

+1 more

Dislikes

Timing Management approch towards specialist officer Structural changes Poor profile charges Unofficial calls for working on weekends without any comoff Late sitting culture. Poor HR. Handing over work which is not related to profile. Unnecessary calls from higher office and putting pressure to do things which are not correct as per policy. Urealestic targets. No fixed office time.

Skill development - Poor

+3 more

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Canara Bank Divisional Manager Salary FAQs

How the salary growth look like for a Divisional Manager at Canara Bank in Mumbai?

The salary growth for a Divisional Manager at Canara Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Divisional Manager in Mumbai can expect the following growth trajectory at Canara Bank:

Experience	Average Salary Range
12 years	₹11.0 Lakhs to ₹30.0 Lakhs per year
13 years	₹11.0 Lakhs to ₹30.0 Lakhs per year
14 years	₹11.0 Lakhs to ₹30.0 Lakhs per year

and so on.

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Canara Bank Divisional Manager Salaries in Mumbai

Canara Bank Divisional Manager salary in Mumbai ranges between ₹27.3 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Canara Bank latest salaries received from various employees of Canara Bank.