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Banking seems like a secure, stable career; have you ever seen how much a personal banker can actually earn in Canada? The salary in the banking industry can indeed fluctuate based on some factors. To understand all factors, we will provide brief information about personal banker salaries in Canada based on the latest trends. This article deconstructs the usual salary ranges that personal bankers should anticipate at various career levels, ranging from entry-level jobs to senior positions at elite businesses. Let’s examine the data to learn more about what factors affect your compensation as a personal banker in Canada, including the average wage.
This Blog Includes:
What is The Average Salary For a Personal Banker in Canada?
Personal banker salaries in Canada can vary depending on experience and location. The average personal banker makes a comfortable 92,100 CAD annually or 7,675 CAD monthly. However, there’s room for growth, with top earners reaching 142,300 CAD annually (11,858 CAD monthly). Entry-level positions might start at around 46,700 CAD annually (3,891 CAD monthly). This range highlights the potential for career advancement and increased earning potential in personal banking.
Salary range variations may be caused by a variety of factors, such as the industry, region of Germany, degree of education, and job in issue.
Here are the Average Salary in Canada & Top Job Opportunities in 2025
Personal Banker Salary in Canada By Experience
The pay for a personal banker varies according to expertise. Focusing on salary range, we can see that the typical income for personal bankers in Canada is rising annually in accordance with experience level.
| Experience Level | Average Salary Per Year |
| 0-2 Years | CAD 54,700 |
| 2-5 Years | CAD 71,400 |
| 5-10 Years | CAD 98,000 |
| 10-15 Years | CAD 115,600 |
| 15-20 Years | CAD 127,700 |
| 20+ Years | CAD 134,700 |
Personal Banker Salary in Canada By Education
In addition to having the necessary educational background, passing particular exams and other relevant entry exams is a must for becoming a competent personal banker. Please find below a table that illustrates personal bankers’ salaries according to their qualifications:
| Education Level | Average Salary Per Year |
| Certificate or Diploma | CAD 71,400 |
| Bachelor’s Degree | CAD 99,700 |
| Master’s Degree | CAD 130,500 |
Here you can Explore The Highest Paid Part-Time Jobs in Canada for international students
Personal Banker Salary in Canada By Organisation
The industry in which bankers operate has a bigger impact on their pay than their area of expertise, therefore it’s critical to consider various companies when comparing personal banker salaries. This allows us to see the salary range for personal bankers in Canada based on various organizations.
| Organisation | Average Salary Per Year |
| TD Bank | CAD 96,925 |
| RBC | CAD 64,000 |
| BMO Financial Group | CAD 48,900 |
| CIBC | CAD 60,800 |
| Scotiabank | CAD 47,000 |
| HSBC | CAD 100,000 |
| PwC Canada | CAD 47,000 |
| Banque Nationale du Canada/National Bank of Canada | CAD 100,000 |
| OLG | CAD 80,000 |
| Tangerine | CAD 81,000 |
| Abbott | CAD 41,000 |
| CIBC World Markets | CAD 65,000 |
| Sheraton | CAD 54,000 |
| Standard Chartered Bank | CAD 93,000 |
| Axis Bank | CAD 90,000 |
| Emirates NBD | CAD 48,000 |
| Mobilink Microfinance Bank | CAD 55,000 |
| Global Contact Services | CAD 65,000 |
| Banca Mifel | CAD 50,000 |
| BMO Financial Group | CAD 46,000 |
Personal Banker Salary in Canada By Cities
Here’s a comprehensive breakdown of the average annual salaries for personal bankers across several cities in Canada:
| Cities | Average Salary Per Year |
| Brampton | CAD 100,200 |
| Surrey | CAD 92,100 |
| Windsor | CAD 87,400 |
| Toronto | CAD 107,300 |
| Vancouver | CAD 107,700 |
Personal Banker Salary in Canada By Positions
Here’s an in-depth look at the salary structure based on distinct job profiles within the banking sector:
| Positions | Average Salary Per Year |
| Teller | CAD 55,000 |
| Account Manager | CAD 120,109 |
| Account Executive | CAD 120,000 |
| Customer Service Representative | CAD 39,027 |
| Member Services Representative | CAD 60,000 |
| Branch Manager | CAD 76,909 |
| Administrative Assistant | CAD 42,234 |
| Inside Sales Representative | CAD 54,117 |
| Sales Representative | CAD 57,500 |
| Sales Specialist | CAD 57,646 |
| Analyst | CAD 71,198 |
| Advisor | CAD 5,109 |
| Financial Advisor | CAD 94,224 |
| Financial Representative | CAD 55,613 |
| Banker | CAD 51,216 |
| Relationship Banker | CAD 62,967 |
| Business Banker | CAD 50,742 |
| Investment-Banker | CAD 70,485 |
| Financial Advisor | CAD 53,698 |
| Financial | CAD 53,134 |
Here is a list of some Top High-Paying Jobs in Canada
FAQs
A banker’s annual total compensation is expected to be CAD 58,971, with an average salary of CAD 49,775 a year. Based on salaries gathered from our users, this figure indicates the median, which is the middle of the ranges from our in-house Total Pay Estimate model.
Indian immigrants might find a large number of lucrative and in-demand banking jobs in Canada. It can be difficult to find a job in Canada, but our blog tries to make it easier for you.
In Canada, entry-level bankers make, on average, CAD 53,432 annually. In Canada, entry-level bankers typically receive CAD 4,983 in additional cash compensation, ranging from CAD 2,772 to CAD 8,959.
In Canada, the average annual salary for an RBC Personal Banker is roughly CAD 44,243 CAD, which is 16% less than the national average. Here is a breakdown of a personal banker’s salary in Canada in 2025. You can follow Leverage Edu and our official page, Jobs Abroad, for more such blogs.
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