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Canara Bank

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Canara Bank Loan Officer salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹1.4 Lakh - ₹10 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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113% more than the average Loan Officer Salary in Banking Companies for 1 - 8 years of experience

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Last Updated: 18 Jan 2025

Companies similar to Canara Bank for Loan Officer

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

1 - 8 years exp. (13 salaries)

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₹2.3 L/yr - ₹5.2 L/yr

arrow icon 25% less
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Bank of Baroda Loan Officer Salary

5 - 6 years exp. (4 salaries)

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₹7 L/yr - ₹12 L/yr

arrow icon 67% more
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Punjab National Bank Loan Officer Salary

1 - 10 years exp. (4 salaries)

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₹4.6 L/yr - ₹7.5 L/yr

arrow icon 2% more
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Axis Bank Loan Officer Salary

0 - 5 years exp. (30 salaries)

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₹1.6 L/yr - ₹3.3 L/yr

arrow icon 63% less
2 job openings
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HDFC Bank Loan Officer Salary

0 - 5 years exp. (106 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 51% less
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ICICI Bank Loan Officer Salary

0 - 8 years exp. (22 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 53% less
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Kotak Mahindra Bank Loan Officer Salary

0 - 6 years exp. (14 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 58% less
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IndusInd Bank Loan Officer Salary

0 - 5 years exp. (33 salaries)

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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 54% less
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Federal Bank Loan Officer Salary

1 - 2 years exp. (4 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

arrow icon 61% less
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RBL Bank Loan Officer Salary

0 - 5 years exp. (47 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 67% less
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IDFC FIRST Bank Loan Officer Salary

0 - 5 years exp. (44 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 58% less
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Bandhan Bank Loan Officer Salary

0 - 6 years exp. (27 salaries)

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₹1.7 L/yr - ₹4.1 L/yr

arrow icon 51% less
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IDBI Bank Loan Officer Salary

0 - 11 years exp. (7 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 2% more
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AU Small Finance Bank Loan Officer Salary

1 - 5 years exp. (7 salaries)

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₹1.3 L/yr - ₹3.2 L/yr

arrow icon 64% less
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Standard Chartered Loan Officer Salary

1 - 6 years exp. (3 salaries)

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₹1.6 L/yr - ₹12 L/yr

arrow icon 4% more

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Loan Officer salary at Canara Bank ranges between ₹1.4 Lakh to ₹10 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Canara Bank.

Latest annual salaries shared by Canara Bank Loan Officer

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3 years exp.
1mo ago
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2 years exp.
4mo ago
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1 year exp.
1y ago
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6 years exp.
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8 years exp.

Experience wise Canara Bank Loan Officer salaries

Last Updated: 18 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.4 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
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Similar Designation salaries in Canara Bank

Sales Officer Salary
(3 salaries)
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₹3 L/yr - ₹3.4 L/yr
Branch Manager Salary
(123 salaries)
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₹6 L/yr - ₹21 L/yr
Team Lead Salary
(4 salaries)
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₹2.5 L/yr - ₹5 L/yr
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₹1.75 L/yr - ₹3.5 L/yr
Senior Sales Officer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Analyst Salary
(3 salaries)
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₹12 L/yr - ₹12.5 L/yr
Deputy Manager Salary
(3 salaries)
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₹8 L/yr - ₹17.55 L/yr
Accountant Salary
(5 salaries)
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₹1.1 L/yr - ₹3.2 L/yr
Finance Executive Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for Canara Bank

2.7

Rated by 2 employees for salary & benefits

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

Finance & Accounting Department

1.0
  •  posted on 30 Jun 2022

1.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

read more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Good
  • +5 more

Dislikes

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

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
see more salary related reviews

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Canara Bank Loan Officer Salary FAQs

What is the salary of Loan Officer at Canara Bank?
Loan Officer salary at Canara Bank in India ranges between ₹1.4 Lakhs to ₹10.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 113% more than the average Loan Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Canara Bank India.
How does the salary of a Loan Officer at Canara Bank India compare with the average salary range for this job?
The average salary of a Loan Officer at Canara Bank is 113% more than the average salary of a Loan Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Canara Bank to a Loan Officer in India?
  • Bank of Baroda Loan Officer Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
  • Standard Chartered Loan Officer Salary - ₹1.6 Lakhs to ₹12.0 Lakhs per year
  • Punjab National Bank Loan Officer Salary - ₹4.6 Lakhs to ₹7.5 Lakhs per year
  • IDBI Bank Loan Officer Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Loan Officer in companies similar to Canara Bank in India?
  • State Bank of India Loan Officer Salary - ₹2.3 Lakhs to ₹5.2 Lakhs per year
  • HDFC Bank Loan Officer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
  • Bandhan Bank Loan Officer Salary - ₹1.7 Lakhs to ₹4.1 Lakhs per year
  • ICICI Bank Loan Officer Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
  • IndusInd Bank Loan Officer Salary - ₹1.5 Lakhs to ₹4.2 Lakhs per year
What is the estimated take home salary of a Loan Officer at Canara Bank in India?
The estimated take-home salary of a Loan Officer at Canara Bank ranges between ₹44,752 per month to ₹45,847 per month in India. The take-home salary calculation is based on the average Canara Bank Loan Officer salary in India which ranges between ₹1.4 Lakhs to ₹10.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Loan Officer at Canara Bank?
According to AmbitionBox, 50% of the Canara Bank Loan Officers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Canara Bank Loan Officer salary in India ranges between ₹1.4 Lakh to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Canara Bank latest salaries received from various employees of Canara Bank.