Canara HSBC Life Insurance Bancassurance Officer Salaries by 6 Employees (Updated 2025)

1 - 6 years exp.

₹2.5 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

11% more than the average Bancassurance Officer Salary in Insurance Companies for 1 - 6 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Canara HSBC Life Insurance for Bancassurance Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Officer Salary 0 - 5 years exp. (73 salaries)	₹1.5 L/yr - ₹4.5 L/yr 7% less
ICICI Prudential Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (19 salaries)	₹1.5 L/yr - ₹4.3 L/yr 12% less
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SBI Life Insurance Company Bancassurance Officer Salary 1 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4 L/yr 8% more
Max Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (21 salaries)	₹2.1 L/yr - ₹4 L/yr 13% less
Bajaj Allianz Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.3 L/yr 12% less
Kotak Mahindara Life Insurance Bancassurance Officer Salary 1 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.5 L/yr 16% more
Aditya Birla Sun Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (13 salaries)	₹2.3 L/yr - ₹4 L/yr 1% more
PNB MetLife Bancassurance Officer Salary 1 - 5 years exp. (7 salaries)	₹2.7 L/yr - ₹3.8 L/yr 5% less
Tata AIA Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (70 salaries)	₹2.1 L/yr - ₹3.5 L/yr 11% less
ICICI Lombard General Insurance Company Bancassurance Officer Salary 1 - 6 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 5% more
Reliance General Insurance Bancassurance Officer Salary 3 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹2.6 L/yr 27% less
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Tata AIG Bancassurance Officer Salary 1 - 9 years exp. (4 salaries)	₹1.7 L/yr - ₹5.2 L/yr 33% more
Iffco Tokio General Insurance Co. Bancassurance Officer Salary 2 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹4 L/yr 14% more
Shriram Life Insurance Bancassurance Officer Salary 3 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 36% less
SBI General Insurance Bancassurance Officer Salary 2 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 20% less

Bancassurance Officer salary at Canara HSBC Life Insurance ranges between ₹2.5 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Bancassurance Officer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Canara HSBC Life Insurance

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Deputy Manager Salary

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Assistant Sales Manager Salary

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Salary related reviews for Canara HSBC Life Insurance

4.6

Rated by 3 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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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Canara HSBC Life Insurance Bancassurance Officer Salary FAQs

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

Bancassurance Officer salary at Canara HSBC Life Insurance in India ranges between ₹2.5 Lakhs to ₹4.1 Lakhs for experience between 1 years to 6 years. According to our estimates it is 11% more than the average Bancassurance Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a Bancassurance Officer at Canara HSBC Life Insurance is 11% more than the average salary of a Bancassurance Officer in India. To know exact salary insights, login to view.

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

Tata AIG Bancassurance Officer Salary - ₹1.7 Lakhs to ₹5.2 Lakhs per year
Kotak Mahindara Life Insurance Bancassurance Officer Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year
Iffco Tokio General Insurance Co. Bancassurance Officer Salary - ₹3.3 Lakhs to ₹4.0 Lakhs per year
SBI Life Insurance Company Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
ICICI Lombard General Insurance Company Bancassurance Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year

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

Aditya Birla Sun Life Insurance Bancassurance Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Bancassurance Officer Salary - ₹2.7 Lakhs to ₹3.8 Lakhs per year
HDFC Life Bancassurance Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Tata AIA Life Insurance Bancassurance Officer Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
ICICI Prudential Life Insurance Bancassurance Officer Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year

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

The estimated take-home salary of a Bancassurance Officer at Canara HSBC Life Insurance ranges between ₹22,604 per month to ₹24,078 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Bancassurance Officer salary in India which ranges between ₹2.5 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the Canara HSBC Life Insurance Bancassurance Officers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Bancassurance Officer Salaries

Canara HSBC Life Insurance Bancassurance Officer salary in India ranges between ₹2.5 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.