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Canara Bank

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Canara Bank Senior Manager Credit salaries in Mumbai

Annual salary range
7 - 11 years exp.
₹18 Lakhs - ₹26 Lakhs
Salary of majority employees
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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)
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₹21 L/yr - ₹25.9 L/yr

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

Last Updated: 10 Sep 2023

Companies similar to Canara Bank for Senior Manager Credit in Mumbai

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Canara Bank Senior Manager Credit Salary

7 - 11 years exp. (5 salaries)

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₹18 L/yr - ₹26 L/yr

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Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹15.5 L/yr

arrow icon 47% less
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HDFC Bank Senior Manager Credit Salary

4 - 12 years exp. (40 salaries)

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₹9 L/yr - ₹21 L/yr

arrow icon 37% less
1 job opening
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ICICI Bank Senior Manager Credit Salary

2 - 8 years exp. (34 salaries)

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₹11 L/yr - ₹21.5 L/yr

arrow icon 32% less
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Yes Bank Senior Manager Credit Salary

4 - 12 years exp. (28 salaries)

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₹8.8 L/yr - ₹17 L/yr

arrow icon 42% less
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Axis Bank Senior Manager Credit Salary

6 - 14 years exp. (16 salaries)

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₹10 L/yr - ₹22 L/yr

arrow icon 31% less
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RBL Bank Senior Manager Credit Salary

3 - 15 years exp. (11 salaries)

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₹12 L/yr - ₹17 L/yr

arrow icon 39% less
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Bank of Baroda Senior Manager Credit Salary

8 - 13 years exp. (11 salaries)

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₹12.5 L/yr - ₹25 L/yr

arrow icon 14% less
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IDFC FIRST Bank Senior Manager Credit Salary

5 - 12 years exp. (10 salaries)

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₹9.4 L/yr - ₹13.5 L/yr

arrow icon 54% less
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₹11 L/yr - ₹27.5 L/yr

arrow icon 12% more
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₹13 L/yr - ₹28 L/yr

arrow icon 9% more
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₹10.4 L/yr - ₹19.4 L/yr

arrow icon 20% less
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Deutsche Bank Senior Manager Credit Salary

12 - 15 years exp. (3 salaries)

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₹16.9 L/yr - ₹21.6 L/yr

arrow icon 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.

Latest annual salaries shared by Canara Bank Senior Manager Credit in Mumbai

1y ago
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7 years exp.

Experience wise Canara Bank Senior Manager Credit salaries in Mumbai

Last Updated: 10 Sep 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹19.8 L/yr - ₹25.3 L/yr
8 years (AmbitionBox Estimate)

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₹20.2 L/yr - ₹25.8 L/yr
9 years (AmbitionBox Estimate)

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₹20.6 L/yr - ₹26.3 L/yr
10 years (AmbitionBox Estimate)

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₹21 L/yr - ₹26.8 L/yr
11 years (AmbitionBox Estimate)

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₹21.4 L/yr - ₹27.3 L/yr

Similar Designation salaries in Canara Bank

Chief Manager Salary
(13 salaries)
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₹12 L/yr - ₹27 L/yr
Credit Manager Salary
(4 salaries)
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₹13 L/yr - ₹19.36 L/yr
Credit Analyst Salary
(3 salaries)
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₹13 L/yr - ₹19.39 L/yr
Branch Manager Salary
(3 salaries)
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₹10 L/yr - ₹18.5 L/yr

Salary related reviews for Canara Bank

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.

read more

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.

read more
  • Job security - Excellent

Dislikes

Nothing like team work. No protection from corrupt executives. Only chatu employees can perform better.

  • Salary - Bad
  • +5 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

read 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 Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Canara Bank in Mumbai?
The average salary of a Senior Manager Credit at Canara Bank in Mumbai typically ranges from ₹18.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Senior Manager Credit in Mumbai at Canara Bank earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 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 5 Canara Bank employees in India.
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 in Mumbai typically ranges from ₹1,48,364 to ₹1,53,936 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 7 years to 11 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 5 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?
Union Bank of India ₹11.0 Lakhs to ₹27.5 Lakhs per year
Punjab National Bank ₹13.0 Lakhs to ₹28.0 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 Mumbai?
The salary of a Senior Manager Credit 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 Baroda ₹12.5 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank ₹16.9 Lakhs to ₹21.6 Lakhs per year
Standard Chartered ₹10.4 Lakhs to ₹19.4 Lakhs per year
Axis Bank ₹10.0 Lakhs to ₹22.0 Lakhs per year
ICICI Bank ₹11.0 Lakhs to ₹21.5 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 Mumbai?
The salary growth for a Senior Manager Credit at Canara Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager Credit in Mumbai can expect the following growth trajectory at Canara Bank:

Experience Average Salary Range
7 years ₹19.8 Lakhs to ₹25.3 Lakhs per year
8 years ₹20.2 Lakhs to ₹25.8 Lakhs per year
9 years ₹20.6 Lakhs to ₹26.3 Lakhs per year
10 years ₹21.0 Lakhs to ₹26.8 Lakhs per year
and so on.

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