Canara Bank Software Engineer Salaries by 8 Employees (Updated 2025)

2 - 4 years exp.

₹3.4 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

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53% less than the average Software Engineer Salary in Banking Companies for 2 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 2 - 4 years exp. (4 salaries)	Unlock ₹3.7 L/yr - ₹4.1 L/yr
IT & Information Security Software Engineer Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹3.7 L/yr - ₹4.8 L/yr
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Sales & Business Development Software Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹4.1 L/yr

Last Updated: 5 Mar 2025

Companies similar to Canara Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Software Engineer Salary 0 - 4 years exp. (10 salaries)	Unlock ₹7.6 L/yr - ₹15 L/yr 126% more
Bank of Baroda Software Engineer Salary 0 - 4 years exp. (7 salaries)	Unlock ₹9.9 L/yr - ₹18.2 L/yr 224% more
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Punjab National Bank Software Engineer Salary 0 - 7 years exp. (3 salaries)	Unlock ₹1.4 L/yr - ₹8 L/yr 27% more
Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	Unlock ₹2.3 L/yr - ₹10.3 L/yr 72% more
HDFC Bank Software Engineer Salary 1 - 6 years exp. (91 salaries)	Unlock ₹2.4 L/yr - ₹12.8 L/yr 85% more
ICICI Bank Software Engineer Salary 0 - 5 years exp. (75 salaries)	Unlock ₹3 L/yr - ₹13.5 L/yr 97% more
Kotak Mahindra Bank Software Engineer Salary 2 - 7 years exp. (36 salaries)	Unlock ₹10.9 L/yr - ₹20.9 L/yr 219% more
IndusInd Bank Software Engineer Salary 1 - 7 years exp. (16 salaries)	Unlock ₹2.4 L/yr - ₹9.8 L/yr 85% more
Yes Bank Software Engineer Salary 0 - 6 years exp. (22 salaries)	Unlock ₹2.6 L/yr - ₹9.4 L/yr 32% more
Federal Bank Software Engineer Salary 0 - 5 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹9 L/yr 20% more
Bank of America Software Engineer Salary 1 - 12 years exp. (1.1k salaries)	Unlock ₹6.6 L/yr - ₹27 L/yr 312% more
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NatWest Group Software Engineer Salary 0 - 11 years exp. (887 salaries)	Unlock ₹8 L/yr - ₹25.2 L/yr 351% more
Barclays Software Engineer Salary 0 - 7 years exp. (244 salaries)	Unlock ₹8.1 L/yr - ₹23.5 L/yr 312% more
Standard Chartered Software Engineer Salary 1 - 10 years exp. (138 salaries)	Unlock ₹5.8 L/yr - ₹22.6 L/yr 235% more
Deutsche Bank Software Engineer Salary 0 - 6 years exp. (128 salaries)	Unlock ₹9 L/yr - ₹32 L/yr 374% more	1 job opening
RBL Bank Software Engineer Salary 0 - 4 years exp. (56 salaries)	Unlock ₹4.5 L/yr - ₹15 L/yr 150% more	2 job openings
NatWest Markets Software Engineer Salary 0 - 10 years exp. (51 salaries)	Unlock ₹8.3 L/yr - ₹24 L/yr 283% more
IDFC FIRST Bank Software Engineer Salary 0 - 5 years exp. (45 salaries)	Unlock ₹3.8 L/yr - ₹11 L/yr 129% more
AU Small Finance Bank Software Engineer Salary 0 - 5 years exp. (35 salaries)	Unlock ₹4 L/yr - ₹15.8 L/yr 149% more
Royal Bank of Scotland International Software Engineer Salary 2 - 8 years exp. (32 salaries)	Unlock ₹8.1 L/yr - ₹19.2 L/yr 297% more

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Software Engineer salary at Canara Bank ranges between ₹3.4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Software Engineer salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
2 years (3 salaries)	Unlock ₹3.4 L/yr - ₹4.1 L/yr
3 years (4 salaries)	Unlock ₹3.4 L/yr - ₹4.8 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹7.4 L/yr

Similar Designation salaries in Canara Bank

Senior Engineer Salary

(AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.3 L/yr

System Engineer Salary

(3 salaries)

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₹2.5 L/yr - ₹3 L/yr

Senior Software Engineer Salary

(3 salaries)

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₹6 L/yr - ₹18.6 L/yr

Software Developer Salary

(4 salaries)

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₹3 L/yr - ₹12.5 L/yr

Team Lead Salary

(4 salaries)

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₹2.5 L/yr - ₹5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

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₹17.2 L/yr - ₹22 L/yr

Plsql Developer Salary

(4 salaries)

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₹5.2 L/yr - ₹13 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

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₹27 L/yr - ₹34.5 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr

Salary related reviews for Canara Bank

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

Manager LAW in Patna

Full Time

Legal & Regulatory Department

1.0

• posted on 29 Sep 2024

5.0

for Salary and Benefits

Likes

Salary and perks

Salary - Excellent

+1 more

Dislikes

Timing Management approch towards specialist officer Structural changes Poor profile charges Unofficial calls for working on weekends without any comoff Late sitting culture. Poor HR. Handing over work which is not related to profile. Unnecessary calls from higher office and putting pressure to do things which are not correct as per policy. Urealestic targets. No fixed office time.

Skill development - Poor

+3 more

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

Senior Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

Salary is good

Skill development - Good

+1 more

Dislikes

Transfers are almost every 2 year and that too pan India. Work culture is toxic. No work life balance. No respect for seniority. It's suffocating. Frequent transfers are loose-loose situation for Employees, customers (No connect with staff) and Bank( Heavy overhead transfer expenses)

Work satisfaction - Bad

+2 more

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2w (edited)

an associate vice president

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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... read more

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Canara Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at Canara Bank?

Software Engineer salary at Canara Bank in India ranges between ₹3.4 Lakhs to ₹4.8 Lakhs for experience between 2 years to 4 years. According to our estimates it is 53% less than the average Software Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Canara Bank India.

How does the salary of a Software Engineer at Canara Bank India compare with the average salary range for this job?

The average salary of a Software Engineer at Canara Bank is 53% less than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara Bank to a Software Engineer in India?

Deutsche Bank Software Engineer Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
Barclays Investment Bank Software Engineer Salary - ₹13.2 Lakhs to ₹22.0 Lakhs per year
NatWest Group Software Engineer Salary - ₹8.0 Lakhs to ₹25.2 Lakhs per year
Barclays Software Engineer Salary - ₹8.1 Lakhs to ₹23.5 Lakhs per year
Bank of America Software Engineer Salary - ₹6.6 Lakhs to ₹27.0 Lakhs per year

What is the salary of a Software Engineer in companies similar to Canara Bank in India?

Royal Bank of Scotland International Software Engineer Salary - ₹8.1 Lakhs to ₹19.2 Lakhs per year
NatWest Markets Software Engineer Salary - ₹8.3 Lakhs to ₹24.0 Lakhs per year
Standard Chartered Software Engineer Salary - ₹5.8 Lakhs to ₹22.6 Lakhs per year
Union Bank of India Software Engineer Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Bank of Baroda Software Engineer Salary - ₹9.9 Lakhs to ₹18.2 Lakhs per year

What is the estimated take home salary of a Software Engineer at Canara Bank in India?

The estimated take-home salary of a Software Engineer at Canara Bank ranges between ₹28,801 per month to ₹30,183 per month in India. The take-home salary calculation is based on the average Canara Bank Software Engineer salary in India which ranges between ₹3.4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Canara Bank?

According to AmbitionBox, 67% of the Canara Bank Software Engineers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Canara Bank Software Engineer Salaries

Canara Bank Software Engineer salary in India ranges between ₹3.4 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Canara Bank latest salaries received from various employees of Canara Bank.