Canara HSBC Life Insurance Bancassurance Manager Salaries by 5 Employees (Updated 2024)

5 - 12 years exp.

₹3 Lakhs - ₹10.3 Lakhs

Low Confidence

Salary of majority employees

At par with the average Bancassurance Manager Salary in Insurance Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Bancassurance Manager Salary 10 - 12 years exp. (3 salaries)	₹5.5 L/yr - ₹10.3 L/yr
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Customer Success, Service & Operations Bancassurance Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.2 L/yr

Last Updated: 29 Nov 2023

Companies similar to Canara HSBC Life Insurance for Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Manager Salary 0 - 13 years exp. (1.1k salaries)	₹3 L/yr - ₹7 L/yr At par	3 job openings
ICICI Prudential Life Insurance Bancassurance Manager Salary 0 - 9 years exp. (29 salaries)	₹2.6 L/yr - ₹6.5 L/yr 33% less
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SBI Life Insurance Company Bancassurance Manager Salary 0 - 9 years exp. (12 salaries)	₹2.8 L/yr - ₹5.5 L/yr 18% less
Max Life Insurance Bancassurance Manager Salary 2 - 10 years exp. (23 salaries)	₹2.7 L/yr - ₹7 L/yr 22% less
Bajaj Allianz Life Insurance Bancassurance Manager Salary 2 - 9 years exp. (11 salaries)	₹2.7 L/yr - ₹3.8 L/yr 35% less
Kotak Mahindara Life Insurance Bancassurance Manager Salary 1 - 8 years exp. (19 salaries)	₹2.6 L/yr - ₹4.7 L/yr 25% less	10 job openings
Aditya Birla Sun Life Insurance Bancassurance Manager Salary 0 - 9 years exp. (9 salaries)	₹2.5 L/yr - ₹4.5 L/yr 28% less
PNB MetLife Bancassurance Manager Salary 1 - 8 years exp. (15 salaries)	₹2.3 L/yr - ₹5 L/yr 34% less
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 10 years exp. (106 salaries)	₹3.5 L/yr - ₹7.3 L/yr 1% less
SBI General Insurance Bancassurance Manager Salary 5 - 15 years exp. (7 salaries)	₹3.2 L/yr - ₹7.3 L/yr 18% less
Tata AIG Bancassurance Manager Salary 3 - 9 years exp. (7 salaries)	₹4.1 L/yr - ₹6.4 L/yr 11% less
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Star Union Dai-ichi Life Insurance Bancassurance Manager Salary 0 - 7 years exp. (7 salaries)	₹2.5 L/yr - ₹4.5 L/yr 34% less
Star Health & Allied Insurance Bancassurance Manager Salary 0 - 6 years exp. (7 salaries)	₹2.2 L/yr - ₹3.5 L/yr 46% less
Aditya Birla Health Insurance Co Bancassurance Manager Salary 1 - 8 years exp. (6 salaries)	₹3.3 L/yr - ₹4.5 L/yr 34% less
Reliance General Insurance Bancassurance Manager Salary 1 - 9 years exp. (5 salaries)	₹3 L/yr - ₹8.4 L/yr 9% less
Iffco Tokio General Insurance Co. Bancassurance Manager Salary 5 - 11 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 8% more

Bancassurance Manager salary at Canara HSBC Life Insurance ranges between ₹3 Lakhs to ₹10.3 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Bancassurance Manager salaries

Last Updated: 29 Nov 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
10 years (3 salaries)	₹4.2 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.3 L/yr

View all

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Salary related reviews for Canara HSBC Life Insurance

3.0

Rated by 1 employees for salary & benefits

Relationship Officer in Coimbatore

Full Time

Sales & Business Development Department

1.0

• posted on 09 Aug 2024

4.0

for Salary and Benefits

Likes

I worked Canara HSBC for more than 1 year. Most worst experience. No support from reporting manager and also regional manager. Bank managers always used to tell don’t work in Canara HSBC they are cheaters, they tell achievements recognition after archiving they will not do what they said. I worked year 1year, even a single time managers didn’t visit to my branches because Canara HSBC managers don’t have face to meet bank managers. Most worst company I have ever seen.

Dislikes

Only salary is good. Everything is worst. Don’t work with Canara HSBC and don’t loose your time. Products also worst

Relationship Officer in Coimbatore

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Sep 2023

5.0

for Salary and Benefits

Likes

...convenient and get best relationship from the company and branch sidewise also. Get Good salary package and very best on incentive and appraisal.

Dislikes

Branch mapping issue's.

Relationship Officer in Jalpaiguri

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Mar 2021

4.0

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 year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is high. And incentive structure is very Lucrative.

Relationship Officer in Bikramganj

Full Time

Sales & Business Development Department

5.0

• posted on 04 Dec 2020

5.0

for Salary and Benefits

Likes

Friendly environment, career growth, In covid -19 where every company Or government cuts salary Or recession in some company.. Canara hsbc life insurance company supports with same benefit .

Dislikes

IT , facing many problems while using ACT, mail is not working, Improvement in underwriting

Relationship Officer in Coimbatore

Sales & Business Development Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

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

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Canara HSBC Life Insurance Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at Canara HSBC Life Insurance?

Bancassurance Manager salary at Canara HSBC Life Insurance in India ranges between ₹3.0 Lakhs to ₹10.3 Lakhs for experience between 5 years to 12 years. According to our estimates it is 3% more than the average Bancassurance Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Canara HSBC Life Insurance India.

How does the salary of a Bancassurance Manager at Canara HSBC Life Insurance India compare with the average salary range for this job?

The average salary of a Bancassurance Manager at Canara HSBC Life Insurance is 3% more than the average salary of a Bancassurance Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara HSBC Life Insurance to a Bancassurance Manager in India?

Iffco Tokio General Insurance Co. Bancassurance Manager Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
HDFC Life Bancassurance Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Bancassurance Manager in companies similar to Canara HSBC Life Insurance in India?

Tata AIA Life Insurance Bancassurance Manager Salary - ₹3.5 Lakhs to ₹7.3 Lakhs per year
Reliance General Insurance Bancassurance Manager Salary - ₹3.0 Lakhs to ₹8.4 Lakhs per year
Tata AIG Bancassurance Manager Salary - ₹4.1 Lakhs to ₹6.4 Lakhs per year
SBI Life Insurance Company Bancassurance Manager Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
SBI General Insurance Bancassurance Manager Salary - ₹3.2 Lakhs to ₹7.3 Lakhs per year

What is the estimated take home salary of a Bancassurance Manager at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Bancassurance Manager at Canara HSBC Life Insurance ranges between ₹42,189 per month to ₹43,321 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Bancassurance Manager salary in India which ranges between ₹3.0 Lakhs to ₹10.3 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Manager at Canara HSBC Life Insurance?

According to AmbitionBox, 67% of the Canara HSBC Life Insurance Bancassurance Managers reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Bancassurance Manager Salaries

Canara HSBC Life Insurance Bancassurance Manager salary in India ranges between ₹3 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.