Canara Bank Specialist Officer Salaries by 5 Employees

3 - 6 years exp.

₹8.5 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

5% more than the average Specialist Officer Salary in Banking Companies for 3 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA Specialist Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12 L/yr
Finance & Accounting Specialist Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9 L/yr
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IT & Information Security Specialist Officer Salary 3 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹12 L/yr

Last Updated: 26 Sep 2024

Companies similar to Canara Bank for Specialist Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Specialist Officer Salary 1 - 9 years exp. (14 salaries)	₹7 L/yr - ₹23.6 L/yr 45% more
HDFC Bank Specialist Officer Salary 0 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr 72% less
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Punjab National Bank Specialist Officer Salary 0 - 10 years exp. (6 salaries)	₹8.4 L/yr - ₹12 L/yr 7% more
Bank of Baroda Specialist Officer Salary 3 - 9 years exp. (10 salaries)	₹4.5 L/yr - ₹11 L/yr 5% less
Federal Bank Specialist Officer Salary 6 - 9 years exp. (4 salaries)	₹17 L/yr - ₹24 L/yr 127% more
Standard Chartered Specialist Officer Salary 6 - 11 years exp. (4 salaries)	₹3.2 L/yr - ₹10 L/yr 25% less
Bank of India Specialist Officer Salary 2 - 3 years exp. (3 salaries)	₹10 L/yr - ₹11.3 L/yr 16% more
Union Bank of India Specialist Officer Salary 1 - 2 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr 15% less

Specialist Officer salary at Canara Bank ranges between ₹8.5 Lakhs to ₹12 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Canara Bank.

Experience wise Canara Bank Specialist Officer salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.3 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12 L/yr

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Salary related reviews for Canara Bank

4.0

Rated by 1 employees for salary & benefits

Accountant in Bangalore / Bengaluru

Finance & Accounting Department

1.0

• posted on 30 Jun 2022

1.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Salary - Bad

+6 more

Credit Manager in Meerut

BFSI, Investments & Trading Department

4.0

• posted on 24 Oct 2018

4.0

for Salary and Benefits

Likes

Conducive work culture, lot of opportunities to grow, reputation in the society and good salary as well.

Salary - Good

+5 more

Dislikes

Transfers are prominent in all nationalised banks. So always be ready to relocate though you learn your environment wherever we go.

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

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Canara Bank Specialist Officer Salary FAQs

What is the salary of Specialist Officer at Canara Bank ?

The average salary of a Specialist Officer at Canara Bank in India typically ranges from ₹8.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Specialist Officer at Canara Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Specialist 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 5 Canara Bank employees in India.

What is the estimated take home salary of a Specialist Officer at Canara Bank in India?

The estimated take-home salary of a Specialist Officer at Canara Bank in India typically ranges from ₹67,982 to ₹69,725 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 Specialist Officer in India?

Federal Bank	₹17.0 Lakhs to ₹24.0 Lakhs per year
State Bank of India	₹7.0 Lakhs to ₹23.6 Lakhs per year
Bank of India	₹10.0 Lakhs to ₹11.3 Lakhs per year
Punjab National Bank	₹8.4 Lakhs to ₹12.0 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 Specialist Officer in companies similar to Canara Bank in India?

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

Bank of Baroda	₹4.5 Lakhs to ₹11.0 Lakhs per year
Union Bank of India	₹7.0 Lakhs to ₹10.0 Lakhs per year
Standard Chartered	₹3.2 Lakhs to ₹10.0 Lakhs per year
HDFC Bank	₹2.2 Lakhs to ₹3.6 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 Specialist Officer at Canara Bank in India?

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

Experience	Average Salary Range
3 years	₹8.5 Lakhs to ₹12.0 Lakhs per year
4 years	₹9.0 Lakhs to ₹17.3 Lakhs per year
5 years	₹4.0 Lakhs to ₹12.0 Lakhs per year
6 years	₹4.2 Lakhs to ₹12.0 Lakhs per year

and so on.

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Canara Bank Specialist Officer Salaries

Canara Bank Specialist Officer salary in India ranges between ₹8.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Canara Bank latest salaries received from various employees of Canara Bank.