Canara Bank Manager Scale II Salaries by 7 Employees (Updated 2025)

5 - 11 years exp.

₹7.5 Lakhs - ₹24.7 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Manager Scale II Salary in Banking Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Scale II Salary 5 - 11 years exp. (4 salaries)	₹7.5 L/yr - ₹24.7 L/yr
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Legal & Regulatory Manager Scale II Salary 6 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹10 L/yr

Last Updated: 8 Mar 2025

Companies similar to Canara Bank for Manager Scale II

Company name	Avg Annual Salary	Open Jobs
Punjab National Bank Manager Scale II Salary 0 - 10 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 20% less
Bank of Baroda Manager Scale II Salary 3 - 11 years exp. (13 salaries)	₹7.2 L/yr - ₹18 L/yr 15% less
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IDBI Bank Manager Scale II Salary 10 - 12 years exp. (3 salaries)	₹7 L/yr - ₹23 L/yr 2% more
Federal Bank Manager Scale II Salary 4 - 8 years exp. (14 salaries)	₹6.2 L/yr - ₹22.2 L/yr At par
Union Bank of India Manager Scale II Salary 2 - 10 years exp. (5 salaries)	₹6 L/yr - ₹12 L/yr 35% less

Manager Scale II salary at Canara Bank ranges between ₹7.5 Lakhs to ₹24.7 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Manager Scale II salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹25.6 L/yr
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹25.8 L/yr
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7 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹26.1 L/yr
8 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.8 L/yr
9 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹23.7 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹24.7 L/yr

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Salary related reviews for Canara Bank

4.9

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

Banking Officer in It Varies

Full Time

Other Department

3.0

• posted on 21 Nov 2023

3.0

for Salary and Benefits

Likes

Al we can say is the job is secure and they no economy fluctuations affect the salary .it is ever so gradually increasing in a slowest pace possible.

Job security - Good

Dislikes

Everything else is bad in here. Please don't prefer. This is not a government job. We are semi -govt. This is more like IT companies with transferable 'perks'. More pressure,More stress, Very bad work life balance . And you will have a snake as your colleague. Oh wait! Snakes are even better. Also such backward thinking people, still living in 1950s.

Skill development - Bad

+4 more

Senior Manager Credit in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 11 Apr 2022

3.0

for Salary and Benefits

Likes

Good environment and work culture. Teammates are supportive. Appraisals are fair.

Skill development - Good

+3 more

Dislikes

Career growth us good but salary is average. Work pressure is immense on people who want growth. PAN India transfers comes with promotions.

Senior Manager Credit in Bangalore / Bengaluru

BFSI, Investments & Trading Department

2.0

• posted on 25 Dec 2018

1.0

for Salary and Benefits

Likes

It's tipical PSU. No work life balance and poor compensation. Full of corruption and that too at the cost of young officers and further no protection to the young recruits from their corrupt executives as vigilance will follow their own guidelines even though everyone/ whole bank knows who is the real person involved. I don't recommend any skilled person for PSU banks.

Job security - Excellent

Dislikes

Nothing like team work. No protection from corrupt executives. Only chatu employees can perform better.

Salary - Bad

+5 more

Bank Clerk

Other Department

4.0

• posted on 15 Jun 2018

4.0

for Salary and Benefits

Likes

Bank Job is a good job in society but pure central govt job is some what better than bank job.

Salary - Good

+6 more

Dislikes

Job Insecurity in banking sector increasing day by day due to proposal of bank mergers and Salary Aspects compare to Central Govt very poor compensation(pay scales). Banking became more risky as staff accountability was fixed to the employee even for unintentional frauds. Mistakes happen even when we are so much careful. There is lot of change in work nature in coming days. A number of cross selling products like insurance policies APY Schemes PMJJBY PMSBY Jan Dhan Yojana Demonitization all were forced by us on customers though they are not interested because of targets imposed by govt to banks.

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Canara Bank Manager Scale II Salary FAQs

What is the salary of Manager Scale II at Canara Bank ?

The average salary of a Manager Scale II at Canara Bank in India typically ranges from ₹7.5 Lakhs to ₹24.7 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Manager Scale II at Canara Bank earn more than ₹24.5 Lakhs per year, and the top 1% earn over ₹24.7 Lakhs per year. Manager Scale II 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 Manager Scale II at Canara Bank in India?

The estimated take-home salary of a Manager Scale II at Canara Bank in India typically ranges from ₹1,01,682 to ₹1,04,458 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹24.7 Lakhs per year for employees with experience ranging from 5 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 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 Manager Scale II in India?

IDBI Bank	₹7.0 Lakhs to ₹23.0 Lakhs per year
Federal Bank	₹6.2 Lakhs to ₹22.2 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 Manager Scale II in companies similar to Canara Bank in India?

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

Bank of Baroda	₹7.2 Lakhs to ₹18.0 Lakhs per year
Punjab National Bank	₹10.0 Lakhs to ₹12.0 Lakhs per year
Union Bank of India	₹6.0 Lakhs to ₹12.0 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 Manager Scale II at Canara Bank in India?

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

Experience	Average Salary Range
5 years	₹7.5 Lakhs to ₹25.6 Lakhs per year
6 years	₹8.0 Lakhs to ₹25.8 Lakhs per year
7 years	₹11.4 Lakhs to ₹26.1 Lakhs per year
8 years	₹13.2 Lakhs to ₹16.8 Lakhs per year

and so on.

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Canara Bank Manager Scale II Salaries

Canara Bank Manager Scale II salary in India ranges between ₹7.5 Lakhs to ₹24.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Canara Bank latest salaries received from various employees of Canara Bank.