Canara Bank Senior Manager Credit Salaries by 20+ Employees (Updated 2025)

6 - 13 years exp.

₹16 Lakhs - ₹35 Lakhs

Avg. annual salary

Monthly In-hand Salary

69% more than the average Senior Manager Credit Salary in Banking Companies for 6 - 13 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Credit Salary 6 - 13 years exp. (14 salaries)	₹16 L/yr - ₹35 L/yr
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BFSI, Investments & Trading Senior Manager Credit Salary 7 - 13 years exp. (7 salaries)	₹18 L/yr - ₹26 L/yr

Last Updated: 5 Mar 2025

Companies similar to Canara Bank for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (387 salaries)	₹6.5 L/yr - ₹16 L/yr 46% less
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (328 salaries)	₹7 L/yr - ₹22.5 L/yr 38% less	1 job opening
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Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (186 salaries)	₹7.8 L/yr - ₹17 L/yr 45% less
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (165 salaries)	₹7 L/yr - ₹22.8 L/yr 36% less
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (121 salaries)	₹7 L/yr - ₹22.9 L/yr 35% less
IDFC FIRST Bank Senior Manager Credit Salary 2 - 12 years exp. (81 salaries)	₹6.3 L/yr - ₹16 L/yr 52% less
Punjab National Bank Senior Manager Credit Salary 5 - 11 years exp. (65 salaries)	₹10.5 L/yr - ₹30 L/yr 5% less
AU Small Finance Bank Senior Manager Credit Salary 3 - 12 years exp. (62 salaries)	₹4.7 L/yr - ₹15.5 L/yr 55% less
Union Bank of India Senior Manager Credit Salary 7 - 14 years exp. (48 salaries)	₹11 L/yr - ₹28.5 L/yr 13% less
Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (47 salaries)	₹12 L/yr - ₹28 L/yr 10% less
Bank of India Senior Manager Credit Salary 8 - 12 years exp. (28 salaries)	₹11 L/yr - ₹25 L/yr 20% less
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Standard Chartered Senior Manager Credit Salary 4 - 12 years exp. (21 salaries)	₹10.4 L/yr - ₹33.4 L/yr 5% less
IndusInd Bank Senior Manager Credit Salary 3 - 12 years exp. (20 salaries)	₹8 L/yr - ₹23.5 L/yr 42% less	3 job openings
RBL Bank Senior Manager Credit Salary 3 - 15 years exp. (17 salaries)	₹10 L/yr - ₹17 L/yr 45% less
Bandhan Bank Senior Manager Credit Salary 5 - 9 years exp. (15 salaries)	₹8.8 L/yr - ₹20.9 L/yr 35% less
Central Bank of India Senior Manager Credit Salary 10 - 15 years exp. (6 salaries)	₹14.5 L/yr - ₹22 L/yr 21% less
IDBI Bank Senior Manager Credit Salary 6 - 12 years exp. (5 salaries)	₹14 L/yr - ₹18 L/yr 30% less
State Bank of India Senior Manager Credit Salary 8 - 13 years exp. (5 salaries)	₹14 L/yr - ₹23 L/yr 28% less
Deutsche Bank Senior Manager Credit Salary 9 - 15 years exp. (4 salaries)	₹16.9 L/yr - ₹21.6 L/yr 19% less
Sberbank Branch in India Senior Manager Credit Salary 7 - 9 years exp. (3 salaries)	₹22.5 L/yr - ₹40 L/yr 23% more

Senior Manager Credit salary at Canara Bank ranges between ₹16 Lakhs to ₹35 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 27 latest salaries received from various employees of Canara Bank.

Latest annual salaries shared by Canara Bank Senior Manager Credit

2d ago

₹28 Lakhs

13 years exp.

2w ago

₹24 Lakhs

13 years exp.

1mo ago

₹35 Lakhs

13 years exp.

1mo ago

₹24.5 Lakhs

13 years exp.

2mo ago

₹25 Lakhs

7 years exp.

11mo ago

6 years exp.

11mo ago

12 years exp.

1y ago

13 years exp.

1y ago

12 years exp.

1y ago

12 years exp.

Experience wise Canara Bank Senior Manager Credit salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹16 L/yr - ₹38.9 L/yr
7 years (4 salaries)	₹18 L/yr - ₹25 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹21 L/yr - ₹26 L/yr
9 years (3 salaries)	₹19.5 L/yr - ₹41.2 L/yr
10 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹42 L/yr
11 years (6 salaries)	₹18 L/yr - ₹25 L/yr
12 years (3 salaries)	₹24 L/yr - ₹28 L/yr
13 years (5 salaries)	₹22.9 L/yr - ₹35 L/yr

View all

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Senior Associate Salary

(AmbitionBox Estimate)

₹9.1 L/yr - ₹11.6 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Credit Analyst Salary

(12 salaries)

₹10.5 L/yr - ₹24 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Canara Bank

3.6

Rated by 5 employees for salary & benefits

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

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

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Canara Bank Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Canara Bank ?

The average salary of a Senior Manager Credit at Canara Bank in India typically ranges from ₹16.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Senior Manager Credit at Canara Bank earn more than ₹27.6 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Senior Manager Credit 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 20+ Canara Bank employees in India.

What is the estimated take home salary of a Senior Manager Credit at Canara Bank in India?

The estimated take-home salary of a Senior Manager Credit at Canara Bank in India typically ranges from ₹1,48,380 to ₹1,53,953 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 6 years to 13 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 20+ 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 Senior Manager Credit in India?

Sberbank Branch in India

₹22.5 Lakhs to ₹40.0 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 Senior Manager Credit in companies similar to Canara Bank in India?

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

Standard Chartered	₹10.4 Lakhs to ₹33.4 Lakhs per year
Punjab National Bank	₹10.5 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda	₹12.0 Lakhs to ₹28.0 Lakhs per year
Union Bank of India	₹11.0 Lakhs to ₹28.5 Lakhs per year
Deutsche Bank	₹16.9 Lakhs to ₹21.6 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 Senior Manager Credit at Canara Bank in India?

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

Experience	Average Salary Range
6 years	₹16.0 Lakhs to ₹38.9 Lakhs per year
7 years	₹18.0 Lakhs to ₹25.0 Lakhs per year
8 years	₹21.0 Lakhs to ₹26.0 Lakhs per year
9 years	₹19.5 Lakhs to ₹41.2 Lakhs per year

and so on.

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Canara Bank Senior Manager Credit Salaries

Canara Bank Senior Manager Credit salary in India ranges between ₹16 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Canara Bank latest salaries received from various employees of Canara Bank.