Canara Bank IT Officer Salaries by 7 Employees (Updated 2025)

2 - 6 years exp.

₹8 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

105% more than the average IT Officer Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA IT Officer Salary 2 - 6 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr
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Data Science & Analytics IT Officer Salary 2 years exp. (AmbitionBox Estimate)	₹10.6 L/yr - ₹11.4 L/yr

Last Updated: 23 Mar 2025

Companies similar to Canara Bank for IT Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Officer Salary 0 - 3 years exp. (133 salaries)	₹1.8 L/yr - ₹3.8 L/yr 75% less	1 job opening
Punjab National Bank IT Officer Salary 2 - 8 years exp. (26 salaries)	₹7 L/yr - ₹15 L/yr 3% less
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Bank of India IT Officer Salary 2 - 8 years exp. (16 salaries)	₹6 L/yr - ₹14 L/yr 8% less
Bank of Baroda IT Officer Salary 0 - 10 years exp. (15 salaries)	₹8.5 L/yr - ₹18 L/yr 33% more
AU Small Finance Bank IT Officer Salary 2 - 5 years exp. (8 salaries)	₹2.5 L/yr - ₹9.1 L/yr 59% less
State Bank of India IT Officer Salary 3 - 7 years exp. (5 salaries)	₹8.5 L/yr - ₹18.7 L/yr 41% more
RBL Bank IT Officer Salary 0 - 3 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 71% less
Union Bank of India IT Officer Salary 3 - 11 years exp. (4 salaries)	₹7 L/yr - ₹23 L/yr 23% more
Central Bank of India IT Officer Salary 3 - 11 years exp. (3 salaries)	₹11 L/yr - ₹17 L/yr 26% more
Bandhan Bank IT Officer Salary 6 - 9 years exp. (3 salaries)	₹4.2 L/yr - ₹6.2 L/yr 48% less
IDFC FIRST Bank IT Officer Salary 5 - 7 years exp. (3 salaries)	₹16.5 L/yr - ₹22 L/yr 82% more
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IT Officer salary at Canara Bank ranges between ₹8 Lakhs to ₹14 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank IT Officer salaries

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹10 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
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4 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
5 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
6 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr

Similar Designation salaries in Canara Bank

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IT Executive Salary

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₹289.3 L/yr - ₹319.7 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Senior Engineer Salary

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₹13.5 L/yr - ₹17.3 L/yr

Devops Engineer Salary

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₹5.4 L/yr - ₹6.9 L/yr

System Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3 L/yr

Software Engineer Salary

(8 salaries)

₹3.4 L/yr - ₹4.8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹9.1 L/yr - ₹11.6 L/yr

Senior Specialist Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Linux Administrator Salary

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Salary related reviews for Canara Bank

1.0

Rated by 1 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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Canara Bank IT Officer Salary FAQs

What is the salary of IT Officer at Canara Bank ?

The average salary of a IT Officer at Canara Bank in India typically ranges from ₹8.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of IT Officer at Canara Bank earn more than ₹13.6 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. IT Officer 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 7 Canara Bank employees in India.

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

The estimated take-home salary of a IT Officer at Canara Bank in India typically ranges from ₹75,935 to ₹77,902 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 7 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 Officer in India?

IDFC FIRST Bank	₹16.5 Lakhs to ₹22.0 Lakhs per year
State Bank of India	₹8.5 Lakhs to ₹18.7 Lakhs per year
Bank of Baroda	₹8.5 Lakhs to ₹18.0 Lakhs per year
Central Bank of India	₹11.0 Lakhs to ₹17.0 Lakhs per year
Union Bank of India	₹7.0 Lakhs to ₹23.0 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 Officer in companies similar to Canara Bank in India?

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

Punjab National Bank	₹7.0 Lakhs to ₹15.0 Lakhs per year
Bank of India	₹6.0 Lakhs to ₹14.0 Lakhs per year
Bandhan Bank	₹4.2 Lakhs to ₹6.2 Lakhs per year
AU Small Finance Bank	₹2.5 Lakhs to ₹9.1 Lakhs per year
RBL Bank	₹2.3 Lakhs to ₹4.0 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 Officer at Canara Bank in India?

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

Experience	Average Salary Range
2 years	₹10.0 Lakhs to ₹12.0 Lakhs per year
3 years	₹9.5 Lakhs to ₹12.2 Lakhs per year
4 years	₹9.5 Lakhs to ₹12.2 Lakhs per year
5 years	₹9.5 Lakhs to ₹12.1 Lakhs per year

and so on.

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Canara Bank IT Officer Salaries

Canara Bank IT Officer salary in India ranges between ₹8 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Canara Bank latest salaries received from various employees of Canara Bank.