Canara Bank Loan Officer Salaries by 5 Employees (Updated 2025)

1 - 8 years exp.

₹1.4 Lakh - ₹10 Lakhs

Low Confidence

Salary of majority employees

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
State Bank of India Loan Officer Salary 1 - 8 years exp. (13 salaries)	₹2.3 L/yr - ₹5.1 L/yr 27% less
Bank of Baroda Loan Officer Salary 5 - 6 years exp. (4 salaries)	₹7 L/yr - ₹12 L/yr 67% more
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Punjab National Bank Loan Officer Salary 1 - 10 years exp. (4 salaries)	₹4.6 L/yr - ₹7.5 L/yr 2% more
Axis Bank Loan Officer Salary 0 - 5 years exp. (32 salaries)	₹1.6 L/yr - ₹3.3 L/yr 64% less	3 job openings
HDFC Bank Loan Officer Salary 0 - 5 years exp. (107 salaries)	₹1.2 L/yr - ₹5 L/yr 49% less
ICICI Bank Loan Officer Salary 0 - 8 years exp. (22 salaries)	₹1.8 L/yr - ₹6 L/yr 53% less
Kotak Mahindra Bank Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹2 L/yr - ₹3 L/yr 58% less
IndusInd Bank Loan Officer Salary 0 - 5 years exp. (33 salaries)	₹1.5 L/yr - ₹4.2 L/yr 53% less
Federal Bank Loan Officer Salary 1 - 2 years exp. (4 salaries)	₹1.3 L/yr - ₹3.5 L/yr 61% less
RBL Bank Loan Officer Salary 0 - 5 years exp. (47 salaries)	₹1.2 L/yr - ₹3.5 L/yr 67% less
IDFC FIRST Bank Loan Officer Salary 0 - 5 years exp. (44 salaries)	₹1.5 L/yr - ₹3.8 L/yr 58% less
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Bandhan Bank Loan Officer Salary 0 - 6 years exp. (27 salaries)	₹1.7 L/yr - ₹4.1 L/yr 51% less
IDBI Bank Loan Officer Salary 0 - 11 years exp. (7 salaries)	₹2 L/yr - ₹7 L/yr 2% more
AU Small Finance Bank Loan Officer Salary 1 - 5 years exp. (7 salaries)	₹1.3 L/yr - ₹3.2 L/yr 64% less
Standard Chartered Loan Officer Salary 1 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹12 L/yr 4% more

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.

Experience wise Canara Bank Loan Officer salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹18 L/yr

View all

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Salary related reviews for Canara Bank

2.7

Rated by 2 employees for salary & benefits

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

Accountant in Bangalore / Bengaluru

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

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.

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

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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 ₹5.1 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
IndusInd Bank Loan Officer Salary - ₹1.5 Lakhs to ₹4.2 Lakhs per year
ICICI Bank Loan Officer Salary - ₹1.8 Lakhs to ₹6.0 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.

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Canara Bank Loan Officer Salaries

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