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Canara Bank

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Canara Bank Credit Officer salaries in India (Updated 2025)

Annual salary range
7 - 12 years exp.
₹10.4 Lakhs - ₹18.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Credit Officer Salary at Canara Bank ranges between ₹10.4 Lakhs to ₹18.5 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 16 latest salaries received from... Read more

273% more than the average Credit Officer Salary in Banking Companies for 7 - 12 years of experience

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Last Updated: 11 Jul 2025

Companies similar to Canara Bank for Credit Officer

Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Officer Salary

1 - 8 years exp. (329 salaries)

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₹1.6 L/yr - ₹4 L/yr

arrow icon 81% less
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AU Small Finance Bank Credit Officer Salary

0 - 6 years exp. (243 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 80% less
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Axis Bank Credit Officer Salary

0 - 10 years exp. (189 salaries)

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₹1.9 L/yr - ₹6.1 L/yr

arrow icon 73% less
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RBL Bank Credit Officer Salary

0 - 7 years exp. (167 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 78% less
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IndusInd Bank Credit Officer Salary

1 - 7 years exp. (127 salaries)

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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 80% less
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Bank of Baroda Credit Officer Salary

5 - 12 years exp. (123 salaries)

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₹10.6 L/yr - ₹17.5 L/yr

arrow icon 2% more
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ICICI Bank Credit Officer Salary

0 - 6 years exp. (107 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 80% less
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Kotak Mahindra Bank Credit Officer Salary

1 - 6 years exp. (97 salaries)

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₹1.5 L/yr - ₹4.7 L/yr

arrow icon 79% less
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Bandhan Bank Credit Officer Salary

0 - 9 years exp. (58 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 75% less
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Bank of India Credit Officer Salary

2 - 6 years exp. (54 salaries)

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₹6.5 L/yr - ₹14 L/yr

arrow icon 28% less
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Canara Bank Credit Officer Salary and Career Growth

From

To

Credit Officer

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7 - 12 years exp.

Treasury Manager

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4 - 12 years exp.

Credit Officer 7 - 12 years exp.
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Credit Manager 6 - 12 years exp.
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arrow icon 36% hike
    Treasury Manager 4 - 12 years exp.
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    arrow icon 8% hike

    From

    To

    Credit Officer

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    7 - 12 years exp.

    Senior Manager Credit

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    6 - 13 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Latest annual salaries shared by Canara Bank Credit Officer

    5d ago
    ₹15 Lakhs
    10 years exp.
    1mo ago
    ₹14 Lakhs
    12 years exp.
    7mo ago
    ₹19.5 Lakhs
    12 years exp.
    8mo ago
    ₹15.6 Lakhs
    10 years exp.
    10mo ago
    ₹16 Lakhs
    10 years exp.

    Canara Bank Credit Officer salaries by

    Years of experience Avg. annual salary
    7 years (AmbitionBox Estimate)

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    ₹11.5 L/yr - ₹14.7 L/yr
    8 years  (4 salaries)

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    ₹10.4 L/yr - ₹18.5 L/yr
    9 years  (4 salaries)

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    ₹10.4 L/yr - ₹15 L/yr
    10 years  (3 salaries)

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    ₹10.6 L/yr - ₹16 L/yr
    11 years (AmbitionBox Estimate)

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    ₹13.1 L/yr - ₹16.7 L/yr
    View all salaries by experience

    Similar Designation Salaries at Canara Bank

    Similar Designation Avg. annual salary
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    ₹11.1 L/yr - ₹26 L/yr

    unlock-blur

    ₹2.9 L/yr - ₹3.4 L/yr

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    ₹10.5 L/yr - ₹22 L/yr

    Senior Credit Officer Salary
    (AmbitionBox Estimate)
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    ₹10.8 L/yr - ₹13.8 L/yr

    Officer Salary
    (189 salaries)
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    ₹6 L/yr - ₹20 L/yr

    Credit Underwriter Salary
    (AmbitionBox Estimate)
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    ₹15.8 L/yr - ₹20.1 L/yr

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    ₹6 L/yr - ₹21 L/yr

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    ₹7.5 L/yr - ₹20 L/yr

    Chief Manager Salary
    (152 salaries)
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    ₹12 L/yr - ₹40 L/yr

    Sales Manager Salary
    (AmbitionBox Estimate)
    unlock-blur

    ₹2.9 L/yr - ₹3.7 L/yr

    View more similar designations

    Top trending discussions

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    Salary Discussions, Hike & Promotions
    2w
    a full stack developer
    No Salary Discussion in My Appraisal — What’s Your Experience?
    In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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    Salary related reviews for Canara Bank

    3.5

    Rated by 12 employees for salary & benefits

    Full Time

     · 

    Other Department

    3.0
      •  updated 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
      •  updated 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
      •  updated 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

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  updated on 02 May 2023

    4.0
     for  Salary and Benefits

    Likes

    Good in-hand salary even for a newly joined Officer Perquisites / Allowances

    read more
    • Salary - Good
    • +1 more

    Dislikes

    Forget work-life balance Too much pressure not only from the top management but also from some useless lower & middle management people at Regional Offices & Circle Offices. They are working at the administrative offices just because they have godfathers or the management felt they are not fit to work in branches. Transfer policies do not apply for such people. The management really buries the talented people by transferring them to branches that are performing terribly. Such staff are just like troubleshooters and repairers for the top management. The hard-workers keep working hard. That's it. No proper recognition. Only people who know buttering technique get timely promotions, transfers near their home / administrative offices etc. Moreover after the merger of Canara & Syndicate Banks, the working condition became really pathetic. Thank God!! I came out of it at the right time. That too after serving for 5 years. Absolutely there was no regard for an employee who worked for 5 years in the organization. Only harassment.

    read more
    • Skill development - Poor
    • +3 more

    BFSI, Investments & Trading Department

    3.0
      •  updated on 21 May 2022

    4.0
     for  Salary and Benefits

    Likes

    Salary is good. Decent number of leaves If all the procedures in place are properly followed, can be a good organization

    read more
    • Salary - Good
    • +1 more

    Dislikes

    Promotion is purely based on office politics Lot of power play Leaves though available, taking them is very difficult. HR policies are not in favour of employees and bank should consider establishing a separate HR wing that doesn't come under the powers of normal management that takes care of business.

    read more
    • Work satisfaction - Poor
    • +2 more
    see more salary related reviews

    Canara Bank Credit Officer Salary FAQs

    What is the salary of Credit Officer at Canara Bank ?
    The average salary of a Credit Officer at Canara Bank in India typically ranges from ₹10.4 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 7 years to 12 years).

    The top 10% of Credit Officer at Canara Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. Credit 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 10+ Canara Bank employees in India.
    What is the estimated take home salary of a Credit Officer at Canara Bank in India?
    The estimated take-home salary of a Credit Officer at Canara Bank in India typically ranges from ₹97,010 to ₹99,635 per month. This is based on the average salary range of ₹10.4 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 7 years to 12 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 10+ 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 Credit Officer in India?
    Central Bank of India ₹12.0 Lakhs to ₹21.5 Lakhs per year
    NatWest Group ₹11.9 Lakhs to ₹20.0 Lakhs per year
    IDBI Bank ₹10.7 Lakhs to ₹20.6 Lakhs per year
    Bank of Baroda ₹10.6 Lakhs to ₹17.5 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 Credit Officer in companies similar to Canara Bank in India?
    The salary of a Credit Officer at companies similar to Canara Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Deutsche Bank ₹9.9 Lakhs to ₹17.9 Lakhs per year
    Union Bank of India ₹9.5 Lakhs to ₹17.7 Lakhs per year
    Punjab National Bank ₹9.2 Lakhs to ₹15.0 Lakhs per year
    State Bank of India ₹9.0 Lakhs to ₹16.0 Lakhs per year
    Bank of India ₹6.5 Lakhs to ₹14.0 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 Credit Officer at Canara Bank in India?
    The salary growth for a Credit Officer at Canara Bank depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Canara Bank:

    Experience Average Salary Range
    7 years ₹11.5 Lakhs to ₹14.7 Lakhs per year
    8 years ₹10.4 Lakhs to ₹18.5 Lakhs per year
    9 years ₹10.4 Lakhs to ₹15.0 Lakhs per year
    10 years ₹10.6 Lakhs to ₹16.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Canara Bank Credit Officer salary in India ranges between ₹10.4 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Canara Bank latest salaries received from various employees of Canara Bank.