Canara Bank Bangalore / Bengaluru IT Manager Salaries by 20+ Employees

4 - 11 years exp.

₹9 Lakhs - ₹22 Lakhs

Salary of majority employees

5% less than the average IT Manager Salary in Banking Companies for 4 - 11 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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IT & Information Security IT Manager Salary 8 - 11 years exp. (3 salaries)	₹16.9 L/yr - ₹22 L/yr
Product Management IT Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹17.1 L/yr

Last Updated: 17 Dec 2024

Companies similar to Canara Bank for IT Manager in Bangalore / Bengaluru

Canara Bank IT Manager Salary

4 - 11 years exp. (20 salaries)

₹9 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Manager Salary 8 - 10 years exp. (4 salaries)	₹8.9 L/yr - ₹13.1 L/yr 26% less
Kotak Mahindra Bank IT Manager Salary 7 - 15 years exp. (4 salaries)	₹9 L/yr - ₹13.2 L/yr 28% less
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Axis Bank IT Manager Salary 4 - 11 years exp. (4 salaries)	₹11 L/yr - ₹15 L/yr 14% less
Bank of Baroda IT Manager Salary 7 - 15 years exp. (3 salaries)	₹15 L/yr - ₹20.4 L/yr 5% more
Union Bank of India IT Manager Salary 8 years exp. (3 salaries)	₹8.4 L/yr - ₹14 L/yr 34% less

IT Manager salary at Canara Bank ranges between ₹9 Lakhs to ₹22 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 20 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank IT Manager salaries in Bangalore / Bengaluru

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹16 L/yr
5 years (3 salaries)	₹10.3 L/yr - ₹18 L/yr
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6 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.2 L/yr
7 years (4 salaries)	₹10 L/yr - ₹29.1 L/yr
8 years (5 salaries)	₹9 L/yr - ₹22 L/yr
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹18 L/yr
10 years (3 salaries)	₹14 L/yr - ₹20 L/yr
11 years (AmbitionBox Estimate)	₹16 L/yr - ₹20 L/yr

View all

From

IT Manager

₹

Lakhs/yr

4 - 12 years exp.

Assistant General Manager

₹

Lakhs/yr

22 - 31 years exp.

IT Manager

4 - 12 years exp.

Senior Manager

8 - 15 years exp.

32% hike

Chief Manager

10 - 22 years exp.

21% hike

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

Project Manager Salary

(5 salaries)

₹13 L/yr - ₹26 L/yr

Salary related reviews for Canara Bank

3.4

Rated by 2 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Canara Bank IT Manager Salary FAQs

What is the salary of IT Manager at Canara Bank in Bangalore / Bengaluru?

The average salary of a IT Manager at Canara Bank in Bangalore / Bengaluru typically ranges from ₹9.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of IT Manager in Bangalore / Bengaluru at Canara Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. IT Manager Salaries at Canara Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Canara Bank employees in India.

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

The estimated take-home salary of a IT Manager at Canara Bank in Bangalore / Bengaluru typically ranges from ₹1,12,187 to ₹1,15,302 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 4 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Canara Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Canara Bank for IT Manager in India?

Bank of Baroda

₹15.0 Lakhs to ₹20.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Canara Bank, depending on the role and experience level.

What is the salary of a IT Manager in companies similar to Canara Bank in Bangalore / Bengaluru?

The salary of a IT Manager at companies similar to Canara Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹11.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank	₹8.9 Lakhs to ₹13.1 Lakhs per year
Kotak Mahindra Bank	₹9.0 Lakhs to ₹13.2 Lakhs per year
Union Bank of India	₹8.4 Lakhs to ₹14.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a IT Manager at Canara Bank in Bangalore / Bengaluru?

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

Experience	Average Salary Range
4 years	₹6.1 Lakhs to ₹16.0 Lakhs per year
5 years	₹10.3 Lakhs to ₹18.0 Lakhs per year
6 years	₹14.3 Lakhs to ₹18.2 Lakhs per year
7 years	₹10.0 Lakhs to ₹29.1 Lakhs per year

and so on.

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Canara Bank IT Manager Salaries in Bangalore / Bengaluru

Canara Bank IT Manager salary in Bangalore / Bengaluru ranges between ₹9 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Canara Bank latest salaries received from various employees of Canara Bank.