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Company overview
Canara Bank at a glance
- Founded
- 1906120 years running
- Headquarters
- Bangalore/BengaluruKarnataka
- Employees
- 82.6Kband 50K–100K
- Company type
- Public sector (PSU) · Public
- Industry
- Banking
- Business model
- B2B · B2C
- Crunchbase rank
- #15,103on Crunchbase
- Ownership
- Publicly listed
- Funding stage
- Post Ipo Debt6 rounds
About
Widely known for customer centricity, Canara Bank was founded by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, in July 1906, at Mangalore, then a small port town in Karnataka. The Bank has gone through the various phases of its growth trajectory over hundred years of its existence. Growth of Canara Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national level player in terms of geographical reach and clientele segments. Eighties was characterized by business diversification for the Bank. In June 2006, the Bank completed a century of operation in the Indian banking industry. The eventful journey of the Bank has been characterized by several memorable milestones. Today, Canara Bank occupies a premier position in the comity of Indian banks.
Mission
To provide quality banking services with good customer care, create value for all stakeholders and continue as a responsive corporate social citizen.
Vision
To emerge as a ‘Preferred Bank’ by pursuing global benchmarks in profitability, operational efficiency, asset quality, risk management and expanding the global reach.
What people know them for
Compensation
Canara Bank salaries by role
Yearly CTC in India. The rule spans the reported range; the coin marks the average.
Officer
₹10.3 L – ₹17.6 L
Average ₹13.7 L
166 reports
Chief Manager
₹20 L – ₹36.1 L
Average ₹26 L
163 reports
Branch Manager
₹11 L – ₹18.1 L
Average ₹13.8 L
162 reports
Divisional Manager
₹20 L – ₹30.6 L
Average ₹26.5 L
92 reports
Banking Officer
₹6 L – ₹12 L
Average ₹8.7 L
62 reports
Business Analyst
₹13.1 L – ₹22.6 L
Average ₹16.3 L
47 reports
Assistant General Manager
₹26.5 L – ₹48.1 L
Average ₹35.4 L
44 reports
Application Support Engineer
₹1.8 L – ₹4.5 L
Average ₹3 L
43 reports
Employee ratings
What it's like to work at Canara Bank
Rated3.4of five
Highly rated for
- Job Security
- Compensation & Benefits
Critically rated for
- Work Satisfaction
- Work-Life Balance
Perks
Benefits employees report
Ordered by how many employees mention each one.
Job/Soft skill training
60 mentions
Health insurance
60 mentions
Office cab/shuttle
22 mentions
Professional degree assistance
20 mentions
International/On-site exposure
14 mentions
Cafeteria
8 mentions
Child care facility
7 mentions
Free meal
4 mentions
Life insurance
3 mentions
Course reimbursements
2 mentions
Gifts on festivals
2 mentions
Retirement benefits
2 mentions
Joining bonus
2 mentions
Performance bonus
2 mentions
Annual leaves
2 mentions
Maternity leaves
2 mentions
Funding & financials
Is Canara Bank a stable place to work?
- Last round
- Post Ipo Debt
- Funding rounds
- 6
Offices
Where Canara Bank works
- Agra · Uttar Pradesh
- Ahmedabad · Gujarat
- Aligarh · Uttar Pradesh
- Anantapur · Andhra Pradesh
- Asansol · West Bengal
- Bangalore / Bengaluru · Karnataka
- Bangalore Rural · Karnataka
- Bareilly · Uttar Pradesh
- Bhopal · Madhya Pradesh
- Bhubaneswar · Odisha
- Chandigarh · Chandigarh
- Chennai · Tamil Nadu
- Coimbatore · Tamil Nadu
- Davanagere · Karnataka
- Dharwad · Karnataka
- Dindigul · Tamil Nadu
- Ernakulam · Kerala
- Faridabad · Haryana
- Ghaziabad · Uttar Pradesh
- Goa · Goa
- Gorakhpur · Uttar Pradesh
- Gurgaon / Gurugram · Haryana
- Guwahati · Assam
- Hyderabad / Secunderabad · Telangana
- Indore · Madhya Pradesh
- Jabalpur · Madhya Pradesh
- Jaipur · Rajasthan
- Jammu · Jammu & Kashmir
- Jamshedpur · Jharkhand
- Kanpur · Uttar Pradesh
- Karnal · Haryana
- Kolkata · West Bengal
- Kurnool · Andhra Pradesh
- Lucknow · Uttar Pradesh
- Ludhiana · Punjab
- Madurai · Tamil Nadu
- Mathura · Uttar Pradesh
- Meerut · Uttar Pradesh
- Moradabad · Uttar Pradesh
- Mumbai · Maharashtra
- Mysuru / Mysore · Karnataka
- Nagpur · Maharashtra
- Nellore · Andhra Pradesh
- New Delhi · Delhi
- Patna · Bihar
- Pondicherry / Puducherry · Puducherry
- Pune · Maharashtra
- Ranchi · Jharkhand
- Rohtak · Haryana
- Salem · Tamil Nadu
- Shivamogga · Karnataka
- Sonipat · Haryana
- Surat · Gujarat
- Thiruvananthapuram · Kerala
- Tirupati · Andhra Pradesh
- Udaipur · Rajasthan
- Udupi · Karnataka
- Vadodara · Gujarat
- Varanasi · Uttar Pradesh
- Vellore · Tamil Nadu
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FAQ
Questions about working at Canara Bank
How do I apply for a job at Canara Bank?
Canara Bank has 3 open jobs listed on this page, in Bengaluru and Mumbai. Pick a role, open it to read the full job description, and apply in about 2 minutes.
What is the average salary at Canara Bank?
The average annual salary at Canara Bank is ₹16.6 L. Typical annual pay by role: Officer: ₹10.3 L to ₹17.6 L; Chief Manager: ₹20 L to ₹36.1 L; Branch Manager: ₹11 L to ₹18.1 L.
Where are Canara Bank's offices?
Canara Bank is headquartered in Bangalore/Bengaluru, Karnataka, India. It has offices in Agra, Ahmedabad, Aligarh, Anantapur, Asansol and Bangalore / Bengaluru.
Is Canara Bank a good company to work for?
Canara Bank is rated 3.4 out of 5 from 10 employee reviews. Employees rate it highly for Job Security and Compensation & Benefits. Common criticisms are about Work Satisfaction and Work-Life Balance.
When was Canara Bank founded?
Canara Bank was founded in 1906. The company has been operating for 119 years primarily in the Banking sector.
Where is the Canara Bank headquarters located?
Canara Bank is headquartered in Bangalore/Bengaluru, Karnataka.
How many employees does Canara Bank have in India?
Canara Bank currently has more than 82,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Canara Bank based on the number of reviews submitted on AmbitionBox.
Does Canara Bank have good work-life balance?
Canara Bank has a work-life balance rating of 2.8 out of 5 based on 1,300+ employee reviews on AmbitionBox. 36% employees rated Canara Bank 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Canara Bank work-life balance reviews for more details.
