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Canara Bank Manager salaries in Mumbai (Updated 2025)

Annual salary range
4 - 14 years exp.
₹8.5 Lakhs - ₹25 Lakhs
Salary of majority employees
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At par with the average Manager Salary in Banking Companies for 4 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
5 - 14 years exp. (25 salaries)
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₹8.7 L/yr - ₹25 L/yr

Customer Success, Service & Operations
Manager Salary
8 - 12 years exp. (6 salaries)
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₹8.6 L/yr - ₹17.1 L/yr

Finance & Accounting
Manager Salary
5 - 8 years exp. (4 salaries)
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₹9.5 L/yr - ₹18 L/yr

Marketing & Communication
Manager Salary
5 - 7 years exp. (3 salaries)
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₹8.5 L/yr - ₹17 L/yr

Administration & Facilities
Manager Salary
5 - 8 years exp. (3 salaries)
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₹9 L/yr - ₹19 L/yr

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Last Updated: 12 Mar 2025

Companies similar to Canara Bank for Manager in Mumbai

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Canara Bank Manager Salary

4 - 14 years exp. (59 salaries)

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₹8.5 L/yr - ₹25 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Manager Salary

0 - 18 years exp. (3.3k salaries)

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₹5.2 L/yr - ₹17.5 L/yr

arrow icon 40% less
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Kotak Mahindra Bank Manager Salary

0 - 16 years exp. (1.9k salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 50% less
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Axis Bank Manager Salary

0 - 18 years exp. (1.7k salaries)

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₹5.5 L/yr - ₹17.2 L/yr

arrow icon 39% less
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ICICI Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

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₹6 L/yr - ₹22.4 L/yr

arrow icon 25% less
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Yes Bank Manager Salary

0 - 17 years exp. (897 salaries)

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₹4.3 L/yr - ₹16 L/yr

arrow icon 46% less
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IndusInd Bank Manager Salary

0 - 16 years exp. (622 salaries)

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₹3.4 L/yr - ₹12 L/yr

arrow icon 54% less
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IDFC FIRST Bank Manager Salary

1 - 14 years exp. (489 salaries)

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₹3.7 L/yr - ₹13 L/yr

arrow icon 48% less
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RBL Bank Manager Salary

1 - 15 years exp. (298 salaries)

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₹4.3 L/yr - ₹15.7 L/yr

arrow icon 46% less
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IDBI Bank Manager Salary

6 - 17 years exp. (183 salaries)

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₹9.2 L/yr - ₹29 L/yr

arrow icon 16% more
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Standard Chartered Manager Salary

2 - 19 years exp. (137 salaries)

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₹5.9 L/yr - ₹24.1 L/yr

arrow icon 14% less
View all
Manager salary at Canara Bank ranges between ₹8.5 Lakhs to ₹25 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 59 latest salaries received from various employees of Canara Bank.

Latest annual salaries shared by Canara Bank Manager in Mumbai

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12 years exp.
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5 years exp.
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7 years exp.
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14 years exp.
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4 years exp.
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10 years exp.
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7 years exp.
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9 years exp.

Experience wise Canara Bank Manager salaries in Mumbai

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
4 years  (4 salaries)

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₹9 L/yr - ₹18 L/yr
5 years  (10 salaries)

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₹8.5 L/yr - ₹20 L/yr
6 years  (6 salaries)

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₹12 L/yr - ₹20 L/yr
7 years  (9 salaries)

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₹8.7 L/yr - ₹25 L/yr
8 years  (9 salaries)

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₹9 L/yr - ₹23 L/yr
View all
Canara Bank Manager Salary and Career Growth

From

To

Manager

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4 - 14 years exp.

Assistant General Manager

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22 - 31 years exp.

Manager

4 - 14 years exp.
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Senior Manager

8 - 15 years exp.
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arrow icon 36% hike

Chief Manager

10 - 22 years exp.
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arrow icon 16% 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

Credit Manager Salary
(4 salaries)
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₹13 L/yr - ₹19.38 L/yr

Salary related reviews for Canara Bank

3.5

Rated by 9 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 24 Oct 2018

4.0
 for  Salary and Benefits

Likes

Conducive work culture, lot of opportunities to grow, reputation in the society and good salary as well.

read more
  • Salary - Good
  • +5 more

Dislikes

Transfers are prominent in all nationalised banks. So always be ready to relocate though you learn your environment wherever we go.

read more

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

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Full Time

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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.

read more
  • Skill development - Poor
  • +3 more

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
see more salary related reviews

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Canara Bank Manager Salary FAQs

What is the salary of Manager at Canara Bank in Mumbai?
The average salary of a Manager at Canara Bank in Mumbai typically ranges from ₹8.5 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Manager in Mumbai at Canara Bank earn more than ₹21.2 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. 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 50+ Canara Bank employees in India.
What is the estimated take home salary of a Manager at Canara Bank in Mumbai?
The estimated take-home salary of a Manager at Canara Bank in Mumbai typically ranges from ₹1,13,970 to ₹1,17,142 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 4 years to 14 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 50+ 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 in India?
Reserve Bank of India ₹18.0 Lakhs to ₹46.0 Lakhs per year
Bank of America ₹11.7 Lakhs to ₹37.0 Lakhs per year
State Bank of India ₹9.5 Lakhs to ₹40.0 Lakhs per year
IDBI Bank ₹9.2 Lakhs to ₹29.0 Lakhs per year
Bank of Baroda ₹9.0 Lakhs to ₹25.0 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 Manager in companies similar to Canara Bank in Mumbai?
The salary of a Manager at companies similar to Canara Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays ₹11.5 Lakhs to ₹21.0 Lakhs per year
Punjab National Bank ₹7.2 Lakhs to ₹22.0 Lakhs per year
Union Bank of India ₹7.0 Lakhs to ₹24.0 Lakhs per year
Standard Chartered ₹5.9 Lakhs to ₹24.1 Lakhs per year
Bank of India ₹6.0 Lakhs to ₹20.0 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 at Canara Bank in Mumbai?
The salary growth for a Manager at Canara Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Canara Bank:

Experience Average Salary Range
4 years ₹9.0 Lakhs to ₹18.0 Lakhs per year
5 years ₹8.5 Lakhs to ₹20.0 Lakhs per year
6 years ₹12.0 Lakhs to ₹20.0 Lakhs per year
7 years ₹8.7 Lakhs to ₹25.0 Lakhs per year
and so on.

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Canara Bank Manager salary in Mumbai ranges between ₹8.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 59 Canara Bank latest salaries received from various employees of Canara Bank.