Role stress has become an inevitable part of human life and it makes life more challenging, then the employees cannot concentrate on their work peacefully that creates an unpleasant situation between the employee and work environment which threatens them to deviate from the normal functioning. The present study compares the level of role stressors between the public and private sector bank employees with the help of Canonical Discriminant Analysis. For the purpose of the study, 438 Public sector bank employees and 324 Private sector bank employees were considered from the 6 Municipal Corporations in Kerala through disproportional stratified random sampling method and the researcher selected these samples from top 6 public sector banks and top 6 private sector banks on the basis of banks which is having more than 100 branches in Kerala as per RBI ranking with regards to total number of branches for each banks in Kerala. The study identified that the selected predictor variables of role stressors have direct effect in discriminating the level of role stressors between the public and private sector bank employees. Hence it is concluded from the discriminant analysis that there is a significant difference in the level of role stressors between the public and private sector bank employees.