Canara Bank Mumbai Senior Manager Credit Salaries by 5 Employees (Updated 2025)

7 - 11 years exp.

₹18 Lakhs - ₹26 Lakhs

Salary of majority employees

64% more than the average Senior Manager Credit Salary in Banking Companies for 7 - 11 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Credit Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹21 L/yr - ₹25.9 L/yr
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BFSI, Investments & Trading Senior Manager Credit Salary 8 years exp. (AmbitionBox Estimate)	₹20.1 L/yr - ₹26 L/yr

Last Updated: 10 Sep 2023

Companies similar to Canara Bank for Senior Manager Credit in Mumbai

Canara Bank Senior Manager Credit Salary

7 - 11 years exp. (5 salaries)

₹18 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (11 salaries)	₹12.5 L/yr - ₹25 L/yr 12% less
Punjab National Bank Senior Manager Credit Salary 5 - 11 years exp. (8 salaries)	₹13 L/yr - ₹28 L/yr 9% more
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Axis Bank Senior Manager Credit Salary 6 - 14 years exp. (19 salaries)	₹10 L/yr - ₹26.9 L/yr 20% less
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (40 salaries)	₹9 L/yr - ₹20.5 L/yr 38% less	1 job opening
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (34 salaries)	₹11 L/yr - ₹21.5 L/yr 28% less
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 11 years exp. (70 salaries)	₹7 L/yr - ₹15.5 L/yr 47% less
Yes Bank Senior Manager Credit Salary 4 - 12 years exp. (30 salaries)	₹8.8 L/yr - ₹17 L/yr 42% less
Federal Bank Senior Manager Credit Salary 3 - 12 years exp. (8 salaries)	₹14 L/yr - ₹22 L/yr 23% less
RBL Bank Senior Manager Credit Salary 3 - 15 years exp. (11 salaries)	₹12 L/yr - ₹17 L/yr 43% less
IDFC FIRST Bank Senior Manager Credit Salary 5 - 12 years exp. (10 salaries)	₹9.4 L/yr - ₹13.5 L/yr 51% less
Union Bank of India Senior Manager Credit Salary 8 - 14 years exp. (10 salaries)	₹11 L/yr - ₹27.5 L/yr 1% more
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Standard Chartered Senior Manager Credit Salary 4 - 10 years exp. (7 salaries)	₹10.4 L/yr - ₹19.4 L/yr 20% less
Deutsche Bank Senior Manager Credit Salary 12 - 15 years exp. (3 salaries)	₹16.9 L/yr - ₹21.6 L/yr 19% less

Senior Manager Credit salary at Canara Bank ranges between ₹18 Lakhs to ₹26 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Senior Manager Credit salaries in Mumbai

Last Updated: 10 Sep 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹24 L/yr
8 years (AmbitionBox Estimate)	₹21 L/yr - ₹26 L/yr
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9 years (AmbitionBox Estimate)	₹21 L/yr - ₹41.2 L/yr
10 years (AmbitionBox Estimate)	₹21 L/yr - ₹26.8 L/yr
11 years (AmbitionBox Estimate)	₹18 L/yr - ₹42.8 L/yr

Similar Designation salaries in Canara Bank

Chief Manager Salary

(15 salaries)

₹12 L/yr - ₹45 L/yr

Credit Manager Salary

(4 salaries)

₹13 L/yr - ₹19.31 L/yr

Credit Analyst Salary

(3 salaries)

₹13 L/yr - ₹19.39 L/yr

Branch Manager Salary

(3 salaries)

₹10 L/yr - ₹18.5 L/yr

Salary related reviews for Canara Bank

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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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Canara Bank Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at Canara Bank in Mumbai ranges between ₹18.0 Lakhs to ₹26.0 Lakhs for experience between 7 years to 11 years. According to our estimates it is 64% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Canara Bank Mumbai.

How does the salary of a Senior Manager Credit at Canara Bank Mumbai compare with the average salary range for this job?

The average salary of a Senior Manager Credit at Canara Bank is 64% more than the average salary of a Senior Manager Credit in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Canara Bank to a Senior Manager Credit in Mumbai?

Punjab National Bank Senior Manager Credit Salary - ₹13.0 Lakhs to ₹28.0 Lakhs per year
Union Bank of India Senior Manager Credit Salary - ₹11.0 Lakhs to ₹27.5 Lakhs per year

What is the salary of a Senior Manager Credit in companies similar to Canara Bank in Mumbai?

Bank of Baroda Senior Manager Credit Salary - ₹12.5 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank Senior Manager Credit Salary - ₹16.9 Lakhs to ₹21.6 Lakhs per year
Axis Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹26.9 Lakhs per year
Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹19.4 Lakhs per year
Federal Bank Senior Manager Credit Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Canara Bank ranges between ₹1,48,364 per month to ₹1,53,936 per month in Mumbai. The take-home salary calculation is based on the average Canara Bank Senior Manager Credit salary in India which ranges between ₹18.0 Lakhs to ₹26.0 Lakhs per year for employees with experience between 7 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager Credit at Canara Bank in Mumbai?

According to AmbitionBox, 100% of the Canara Bank Senior Manager Credits in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Canara Bank Senior Manager Credit Salaries in Mumbai

Canara Bank Senior Manager Credit salary in Mumbai ranges between ₹18 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Canara Bank latest salaries received from various employees of Canara Bank.