Canara Bank IT Manager Salaries by 20+ Employees (Updated 2025)

3 - 12 years exp.

₹9 Lakhs - ₹20 Lakhs

Salary of majority employees

11% more than the average IT Manager Salary in Banking Companies for 3 - 12 years of experience

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Salaries in different departments

Project & Program Management IT Manager Salary 4 - 10 years exp. (6 salaries)	₹9 L/yr - ₹18 L/yr
Engineering - Software & QA IT Manager Salary 5 - 8 years exp. (3 salaries)	₹10 L/yr - ₹16 L/yr
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Engineering - Hardware & Networks IT Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹20 L/yr
IT & Information Security IT Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹14.7 L/yr - ₹20 L/yr
Product Management IT Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹16.7 L/yr

Last Updated: 5 Nov 2024

Companies similar to Canara Bank for IT Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India IT Manager Salary 8 - 16 years exp. (8 salaries)	₹15 L/yr - ₹22 L/yr 28% more
ICICI Bank IT Manager Salary 0 - 13 years exp. (12 salaries)	₹9 L/yr - ₹22.6 L/yr 17% less
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HDFC Bank IT Manager Salary 7 - 11 years exp. (87 salaries)	₹6.7 L/yr - ₹20 L/yr 14% less
Axis Bank IT Manager Salary 1 - 12 years exp. (73 salaries)	₹9.7 L/yr - ₹20.2 L/yr 2% less
Punjab National Bank IT Manager Salary 4 - 9 years exp. (16 salaries)	₹10.9 L/yr - ₹22 L/yr 16% more
Bank of Baroda IT Manager Salary 5 - 15 years exp. (26 salaries)	₹10 L/yr - ₹21 L/yr 7% more
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (16 salaries)	₹6.4 L/yr - ₹18.5 L/yr 25% less
Yes Bank IT Manager Salary 1 - 2 years exp. (5 salaries)	₹16.5 L/yr - ₹18 L/yr 9% more
IDBI Bank IT Manager Salary 3 - 10 years exp. (9 salaries)	₹12 L/yr - ₹22 L/yr 12% more
Union Bank of India IT Manager Salary 5 - 10 years exp. (8 salaries)	₹8.4 L/yr - ₹14 L/yr 29% less
AU Small Finance Bank IT Manager Salary 2 - 10 years exp. (58 salaries)	₹6.7 L/yr - ₹18 L/yr 20% less
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RBL Bank IT Manager Salary 2 - 9 years exp. (53 salaries)	₹5 L/yr - ₹15.5 L/yr 27% less
IndusInd Bank IT Manager Salary 5 - 12 years exp. (31 salaries)	₹5.2 L/yr - ₹22.5 L/yr 16% less
IDFC FIRST Bank IT Manager Salary 4 - 14 years exp. (21 salaries)	₹6.1 L/yr - ₹19.5 L/yr 17% less
Bandhan Bank IT Manager Salary 6 - 10 years exp. (19 salaries)	₹3 L/yr - ₹11 L/yr 53% less
Central Bank of India IT Manager Salary 1 - 14 years exp. (12 salaries)	₹8 L/yr - ₹17.3 L/yr 19% less
Standard Chartered IT Manager Salary 14 - 18 years exp. (6 salaries)	₹19 L/yr - ₹28 L/yr 49% more
Bank of America IT Manager Salary 9 - 16 years exp. (5 salaries)	₹16 L/yr - ₹21 L/yr 15% more
Federal Bank IT Manager Salary 4 - 11 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 32% less

IT Manager salary at Canara Bank ranges between ₹9 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 27 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank IT Manager salaries

Last Updated: 5 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹10 L/yr - ₹24.9 L/yr
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹16 L/yr
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5 years (4 salaries)	₹10 L/yr - ₹18 L/yr
6 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17.1 L/yr
7 years (5 salaries)	₹10 L/yr - ₹16 L/yr
8 years (4 salaries)	₹9 L/yr - ₹18 L/yr
9 years (3 salaries)	₹15.1 L/yr - ₹18 L/yr
10 years (5 salaries)	₹14 L/yr - ₹20 L/yr
11 years (3 salaries)	₹16 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹20 L/yr

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From

IT Manager

₹

Lakhs/yr

3 - 12 years exp.

Assistant General Manager

₹

Lakhs/yr

22 - 31 years exp.

IT Manager 3 - 12 years exp.

Senior Manager 8 - 14 years exp.

39% hike

Chief Manager 10 - 19 years exp.

24% hike

Similar Designation salaries in Canara Bank

Deputy Manager Salary

(3 salaries)

₹8 L/yr - ₹17.55 L/yr

Project Manager Salary

(5 salaries)

₹13 L/yr - ₹26 L/yr

Team Lead Salary

(4 salaries)

₹2.5 L/yr - ₹5 L/yr

Analyst Salary

(3 salaries)

₹12 L/yr - ₹12.5 L/yr

IT Executive Salary

(AmbitionBox Estimate)

₹289.3 L/yr - ₹319.7 L/yr

Operations Manager Salary

(5 salaries)

₹12 L/yr - ₹13.5 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Devops Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

System Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3 L/yr

Salary related reviews for Canara Bank

3.6

Rated by 5 employees for salary & benefits

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

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

Senior Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

Salary is good

Skill development - Good

+1 more

Dislikes

Transfers are almost every 2 year and that too pan India. Work culture is toxic. No work life balance. No respect for seniority. It's suffocating. Frequent transfers are loose-loose situation for Employees, customers (No connect with staff) and Bank( Heavy overhead transfer expenses)

Work satisfaction - Bad

+2 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Canara Bank IT Manager Salary FAQs

What is the salary of IT Manager at Canara Bank?

IT Manager salary at Canara Bank in India ranges between ₹9.0 Lakhs to ₹20.0 Lakhs for experience between 3 years to 12 years. According to our estimates it is 11% more than the average IT Manager Salary in India. Salary estimates are based on 27 latest salaries received from various employees of Canara Bank India.

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

The average salary of a IT Manager at Canara Bank is 11% more than the average salary of a IT Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara Bank to a IT Manager in India?

Standard Chartered IT Manager Salary - ₹19.0 Lakhs to ₹28.0 Lakhs per year
State Bank of India IT Manager Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
Punjab National Bank IT Manager Salary - ₹10.9 Lakhs to ₹22.0 Lakhs per year
Bank of America IT Manager Salary - ₹16.0 Lakhs to ₹21.0 Lakhs per year
IDBI Bank IT Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year

What is the salary of a IT Manager in companies similar to Canara Bank in India?

Yes Bank IT Manager Salary - ₹16.5 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda IT Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
Axis Bank IT Manager Salary - ₹9.7 Lakhs to ₹20.2 Lakhs per year
HDFC Bank IT Manager Salary - ₹6.7 Lakhs to ₹20.0 Lakhs per year
IndusInd Bank IT Manager Salary - ₹5.2 Lakhs to ₹22.5 Lakhs per year

What is the estimated take home salary of a IT Manager at Canara Bank in India?

The estimated take-home salary of a IT Manager at Canara Bank ranges between ₹1,05,549 per month to ₹1,08,450 per month in India. The take-home salary calculation is based on the average Canara Bank IT Manager salary in India which ranges between ₹9.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

What is the notice period for IT Manager at Canara Bank?

According to AmbitionBox, 83% of the Canara Bank IT Managers reported a notice period of 3 Months, 9% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Canara Bank IT Manager Salaries

Canara Bank IT Manager salary in India ranges between ₹9 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Canara Bank latest salaries received from various employees of Canara Bank.