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Canara Bank

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Canara Bank Officer salaries in Mumbai (Updated 2025)

Annual salary range
3 - 12 years exp.
₹9 Lakhs - ₹15 Lakhs
Salary of majority employees
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123% more than the average Officer Salary in Banking Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Officer Salary
6 - 12 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹14.9 L/yr

Finance & Accounting
Officer Salary
3 - 11 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹15.9 L/yr

Last Updated: 29 Jan 2025

Companies similar to Canara Bank for Officer in Mumbai

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Canara Bank Officer Salary

3 - 12 years exp. (13 salaries)

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₹9 L/yr - ₹15 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Bank Officer Salary

0 - 7 years exp. (247 salaries)

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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 79% less
2 job openings
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HDFC Bank Officer Salary

0 - 8 years exp. (149 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 79% less
5 job openings
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ICICI Bank Officer Salary

0 - 6 years exp. (104 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 79% less
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Yes Bank Officer Salary

0 - 7 years exp. (95 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 78% less
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RBL Bank Officer Salary

1 - 6 years exp. (83 salaries)

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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 79% less
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IndusInd Bank Officer Salary

0 - 5 years exp. (89 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 78% less
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IDFC FIRST Bank Officer Salary

1 - 7 years exp. (70 salaries)

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₹1.6 L/yr - ₹4.6 L/yr

arrow icon 75% less
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Mizuho Bank Officer Salary

2 - 10 years exp. (48 salaries)

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₹3.5 L/yr - ₹12 L/yr

arrow icon 47% less
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Bank of America Officer Salary

1 - 13 years exp. (30 salaries)

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₹9.8 L/yr - ₹20.2 L/yr

arrow icon 3% less
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Standard Chartered Officer Salary

1 - 6 years exp. (26 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 72% less
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Bank of Baroda Officer Salary

0 - 11 years exp. (20 salaries)

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₹7.4 L/yr - ₹15 L/yr

arrow icon 29% less
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Deutsche Bank Officer Salary

0 - 7 years exp. (12 salaries)

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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 74% less
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Shinhan Bank Officer Salary

1 - 6 years exp. (9 salaries)

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₹3.2 L/yr - ₹6 L/yr

arrow icon 66% less
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Bank of India Officer Salary

1 - 7 years exp. (8 salaries)

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₹6 L/yr - ₹10.8 L/yr

arrow icon 33% less
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Kotak Mahindra Bank Officer Salary

3 - 7 years exp. (7 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 80% less
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Punjab National Bank Officer Salary

6 - 11 years exp. (4 salaries)

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₹6 L/yr - ₹13 L/yr

arrow icon 20% less
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AU Small Finance Bank Officer Salary

1 - 4 years exp. (3 salaries)

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₹2.7 L/yr - ₹3 L/yr

arrow icon 79% less
Officer salary at Canara Bank ranges between ₹9 Lakhs to ₹15 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 13 latest salaries received from various employees of Canara Bank.

Latest annual salaries shared by Canara Bank Officer in Mumbai

1mo ago
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7 years exp.
1mo ago
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5 years exp.
2mo ago
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7 years exp.
3mo ago
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9 years exp.
3mo ago
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7 years exp.
5mo ago
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6 years exp.
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6 years exp.
1y ago
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6 years exp.
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12 years exp.
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11 years exp.

Experience wise Canara Bank Officer salaries in Mumbai

Last Updated: 29 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 L/yr
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹15 L/yr
6 years  (4 salaries)

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₹12 L/yr - ₹15 L/yr
7 years  (4 salaries)

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₹9 L/yr - ₹15 L/yr
View all
Canara Bank Officer Salary and Career Growth

From

To

Officer

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3 - 12 years exp.

Assistant General Manager

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22 - 31 years exp.

Officer

3 - 12 years exp.
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Manager

4 - 14 years exp.
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arrow icon 23% hike

Senior Manager

8 - 15 years exp.
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arrow icon 36% 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

Chief Manager Salary
(11 salaries)
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₹13.8 L/yr - ₹27 L/yr
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₹27.31 L/yr - ₹30 L/yr

Salary related reviews for Canara Bank

3.2

Rated by 8 employees for salary & benefits

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

Customer Success, Service & Operations Department

5.0
  •  posted on 21 Sep 2019

5.0
 for  Salary and Benefits

Likes

...rk culture is excellent. Rich tradition. history. culture are there in the bank. Compensation is equal to other Nationalsed bank which is good by all standards. Future is good. Career growth is assured with your efforts. No short cut to hard work. .

read more
  • Salary - Excellent
  • +5 more

Dislikes

No issues in particular. Overall good

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
see more salary related reviews

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Canara Bank Officer Salary FAQs

What is the salary of Officer at Canara Bank in Mumbai?
The average salary of a Officer at Canara Bank in Mumbai typically ranges from ₹9.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Officer in Mumbai at Canara Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Officer 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 at Canara Bank in Mumbai?
The estimated take-home salary of a Officer at Canara Bank in Mumbai typically ranges from ₹92,983 to ₹95,478 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 3 years to 12 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.
What is the salary of a Officer in companies similar to Canara Bank in Mumbai?
The salary of a Officer at companies similar to Canara Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of America ₹9.8 Lakhs to ₹20.2 Lakhs per year
Punjab National Bank ₹6.0 Lakhs to ₹13.0 Lakhs per year
Bank of Baroda ₹7.4 Lakhs to ₹15.0 Lakhs per year
Bank of India ₹6.0 Lakhs to ₹10.8 Lakhs per year
Mizuho Bank ₹3.5 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 Officer at Canara Bank in Mumbai?
The salary growth for a Officer at Canara Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Officer in Mumbai can expect the following growth trajectory at Canara Bank:

Experience Average Salary Range
3 years ₹4.6 Lakhs to ₹12.0 Lakhs per year
4 years ₹10.9 Lakhs to ₹13.9 Lakhs per year
5 years ₹5.0 Lakhs to ₹15.0 Lakhs per year
6 years ₹12.0 Lakhs to ₹15.0 Lakhs per year
and so on.

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Canara Bank Officer salary in Mumbai ranges between ₹9 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Canara Bank latest salaries received from various employees of Canara Bank.