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Canara Bank

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Canara Bank Officer Scale 1 salaries in India

Annual salary range
2 - 10 years exp.
₹6.7 Lakhs - ₹15 Lakhs
Salary of majority employees
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Fixed (80%)
₹8.1 Lakhs
Variable (20%)
₹2.0 Lakhs
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21% more than the average Officer Scale 1 Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Officer Scale 1 Salary
4 - 10 years exp. (6 salaries)
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₹7.5 L/yr - ₹15 L/yr

BFSI, Investments & Trading
Officer Scale 1 Salary
7 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹10 L/yr

Last Updated: 4 Dec 2024

Companies similar to Canara Bank for Officer Scale 1

Company name Avg Annual Salary Open Jobs
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ICICI Bank Officer Scale 1 Salary

0 - 3 years exp. (34 salaries)

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₹1.1 L/yr - ₹3.2 L/yr

arrow icon 75% less
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Bank of Baroda Officer Scale 1 Salary

3 - 12 years exp. (17 salaries)

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₹6.5 L/yr - ₹14 L/yr

arrow icon 10% more
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State Bank of India Officer Scale 1 Salary

0 - 10 years exp. (10 salaries)

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₹7.3 L/yr - ₹11.5 L/yr

arrow icon 6% less
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Union Bank of India Officer Scale 1 Salary

0 - 6 years exp. (4 salaries)

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₹6 L/yr - ₹8.6 L/yr

arrow icon 24% less
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Bank of India Officer Scale 1 Salary

1 - 11 years exp. (3 salaries)

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₹9 L/yr - ₹12.5 L/yr

arrow icon 7% less
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Punjab National Bank Officer Scale 1 Salary

1 - 7 years exp. (3 salaries)

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₹5.5 L/yr - ₹13 L/yr

arrow icon 18% less
Officer Scale 1 salary at Canara Bank ranges between ₹6.7 Lakhs to ₹15 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 14 latest salaries received from various employees of Canara Bank.

Latest annual salaries shared by Canara Bank Officer Scale 1

2mo ago
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7 years exp.
6mo ago
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8 years exp.
9mo ago
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9 years exp.
1y ago
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5 years exp.
1y ago
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5 years exp.
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10 years exp.
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9 years exp.
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4 years exp.
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4 years exp.

Experience wise Canara Bank Officer Scale 1 salaries

Last Updated: 4 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹16.8 L/yr
3 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹17.1 L/yr
4 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.8 L/yr
5 years  (4 salaries)

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₹7.5 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr
View all

Similar Designation salaries in Canara Bank

Officer Salary
(178 salaries)
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₹5.06 L/yr - ₹18.37 L/yr
Chief Manager Salary
(150 salaries)
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₹13.08 L/yr - ₹45 L/yr
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₹15 L/yr - ₹42 L/yr
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₹3.5 L/yr - ₹13 L/yr
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₹11 L/yr - ₹22 L/yr
Clerk Salary
(36 salaries)
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₹1.5 L/yr - ₹10 L/yr
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₹13.08 L/yr - ₹40 L/yr
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₹12.6 L/yr - ₹36 L/yr
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₹2 L/yr - ₹3 L/yr
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₹1.7 L/yr - ₹3.1 L/yr

Salary related reviews for Canara Bank

2.7

Rated by 5 employees for salary & benefits

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

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 May 2023

4.0
 for  Salary and Benefits

Likes

Good in-hand salary even for a newly joined Officer Perquisites / Allowances

read more
  • Salary - Good
  • +1 more

Dislikes

Forget work-life balance Too much pressure not only from the top management but also from some useless lower & middle management people at Regional Offices & Circle Offices. They are working at the administrative offices just because they have godfathers or the management felt they are not fit to work in branches. Transfer policies do not apply for such people. The management really buries the talented people by transferring them to branches that are performing terribly. Such staff are just like troubleshooters and repairers for the top management. The hard-workers keep working hard. That's it. No proper recognition. Only people who know buttering technique get timely promotions, transfers near their home / administrative offices etc. Moreover after the merger of Canara & Syndicate Banks, the working condition became really pathetic. Thank God!! I came out of it at the right time. That too after serving for 5 years. Absolutely there was no regard for an employee who worked for 5 years in the organization. Only harassment.

read more
  • Skill development - Poor
  • +3 more

BFSI, Investments & Trading Department

3.0
  •  posted on 21 May 2022

4.0
 for  Salary and Benefits

Likes

Salary is good. Decent number of leaves If all the procedures in place are properly followed, can be a good organization

read more
  • Salary - Good
  • +1 more

Dislikes

Promotion is purely based on office politics Lot of power play Leaves though available, taking them is very difficult. HR policies are not in favour of employees and bank should consider establishing a separate HR wing that doesn't come under the powers of normal management that takes care of business.

read more
  • Work satisfaction - Poor
  • +2 more

Banking & Finance Department

5.0
  •  posted on 01 Mar 2021

1.0
 for  Salary and Benefits

Likes

Good work environment and culture but staff are worst...no salary hike n bonus... politics with staff...no refreshment nothing ...no cafeteria no gaming arcade for chilling

read more
  • Skill development - Excellent
  • +3 more

Dislikes

Yes for me there is lot of politics and the manager doesn't address my issues... Last year in November my increment and benefits has been stopped...I have been working since 10 years...but no appreciation nothing

read more
  • Salary - Bad
  • +2 more
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Canara Bank Officer Scale 1 Salary FAQs

What is the salary of Officer Scale 1 at Canara Bank ?
The average salary of a Officer Scale 1 at Canara Bank in India typically ranges from ₹6.7 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Officer Scale 1 at Canara Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Officer Scale 1 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 10+ Canara Bank employees in India.
What is the estimated take home salary of a Officer Scale 1 at Canara Bank in India?
The estimated take-home salary of a Officer Scale 1 at Canara Bank in India typically ranges from ₹72,725 to ₹74,602 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 10+ 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 Officer Scale 1 in India?
Bank of Baroda ₹6.5 Lakhs to ₹14.0 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 Officer Scale 1 in companies similar to Canara Bank in India?
The salary of a Officer Scale 1 at companies similar to Canara Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Bank of India ₹7.3 Lakhs to ₹11.5 Lakhs per year
Bank of India ₹9.0 Lakhs to ₹12.5 Lakhs per year
Punjab National Bank ₹5.5 Lakhs to ₹13.0 Lakhs per year
Union Bank of India ₹6.0 Lakhs to ₹8.6 Lakhs per year
ICICI Bank ₹1.1 Lakhs to ₹3.2 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 Officer Scale 1 at Canara Bank in India?
The salary growth for a Officer Scale 1 at Canara Bank depends on factors such as experience, performance, and promotions. On average, a Officer Scale 1 can expect the following growth trajectory at Canara Bank:

Experience Average Salary Range
2 years ₹6.7 Lakhs to ₹16.8 Lakhs per year
3 years ₹8.6 Lakhs to ₹17.1 Lakhs per year
4 years ₹7.5 Lakhs to ₹9.8 Lakhs per year
5 years ₹7.5 Lakhs to ₹10.0 Lakhs per year
and so on.

Tell us how to improve this page.

Canara Bank Officer Scale 1 salary in India ranges between ₹6.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Canara Bank latest salaries received from various employees of Canara Bank.