Canara HSBC Life Insurance Banking Officer Salaries by 4 Employees (Updated 2025)

0 - 5 years exp.

₹2.6 Lakhs - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Banking Officer Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Banking Officer Salary 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr
Product Management Banking Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Project & Program Management Banking Officer Salary Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 14 Oct 2023

Companies similar to Canara HSBC Life Insurance for Banking Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Banking Officer Salary 1 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹4 L/yr 5% less
ICICI Prudential Life Insurance Banking Officer Salary 1 - 6 years exp. (9 salaries)	₹2.7 L/yr - ₹3.5 L/yr 14% more
Login to view exact salary
SBI Life Insurance Company Banking Officer Salary 0 - 6 years exp. (12 salaries)	₹0.8 L/yr - ₹6.4 L/yr 18% more
Max Life Insurance Banking Officer Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr 14% more
Bajaj Allianz Life Insurance Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹2.3 L/yr - ₹3.3 L/yr 6% more
Kotak Mahindara Life Insurance Banking Officer Salary 0 - 1 year exp. (4 salaries)	₹0.4 L/yr - ₹8 L/yr 22% more
Tata AIA Life Insurance Banking Officer Salary 0 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 12% more
Reliance Nippon Life Insurance Banking Officer Salary 3 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹2.6 L/yr 13% less
ICICI Lombard General Insurance Company Banking Officer Salary 0 - 8 years exp. (6 salaries)	₹1.9 L/yr - ₹4.5 L/yr 7% more
SBI General Insurance Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹1.4 L/yr - ₹3.1 L/yr 15% less

Banking Officer salary at Canara HSBC Life Insurance ranges between ₹2.6 Lakhs to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Banking Officer salaries

Last Updated: 14 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.6 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.4 L/yr

View all

Similar Designation salaries in Canara HSBC Life Insurance

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(AmbitionBox Estimate)

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Senior Analyst Salary

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Senior Associate Salary

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Finance Executive Salary

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₹2.4 L/yr - ₹3 L/yr

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₹4 L/yr - ₹6 L/yr

Analyst Salary

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₹1.1 L/yr - ₹9.57 L/yr

Team Lead Salary

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₹3.7 L/yr - ₹7 L/yr

Process Associate Salary

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₹2.25 L/yr - ₹3.6 L/yr

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(200 salaries)

₹2.5 L/yr - ₹6 L/yr

Salary related reviews for Canara HSBC Life Insurance

Senior Associate in Belgaum

Full Time

Finance & Accounting Department

4.0

• posted on 25 Jul 2023

4.0

for Salary and Benefits

Likes

Flexible time, salary on time good bank support to generate business

Salary - Good

+3 more

Dislikes

Sales Training is not upto the mark ..service problems are big challenges.. there is no such correct path get resolving any it or service issues

Process Associate in Gurgaon / Gurugram

Full Time

Other Department

5.0

• posted on 01 Feb 2022

4.0

for Salary and Benefits

Likes

Good work environment and cultre. Teammates are supportive and the management is transparent.

Salary - Good

+6 more

Dislikes

There is a lot of politcs and the management doesn’t address our issues. Salary is lil bit lower and career growth is also slow.

Senior Associate in West Delhi

Full Time

Marketing & Communication Department

1.0

• posted on 06 Oct 2024

1.0

for Salary and Benefits

Likes

The way HR fools you by not disclosing their so important company policy. Giving you high salary packages, as a trap.

Dislikes

..., ICICI prudential, but nothing .. seriously nothing is worst like this company. Their reporting managers don't know anything about the process but they only know how to cut your salary... Everyone is here to blaming you only that all your fault. Before joining here I was a good performer in my job i know how to work , in my previous companies I have lots of achievements, but after joining here I loose my self confidence, I loose my mental health, I loose my peace of mind. And all this I got within 4 months of joining. I have resigned here and not expecting to join this company again ever in my life, worst worst worst experience. I will never let go here anyone from my friends and my reference. Suggestion for everyone. I don't have option to give less star than 1 . Every feedback here which show more than 3 star is could be fake or from the higher management or HR or the any lucky person here who got business easily. Worst product they have. They do so much miss sale in branch. Numbers of complaints have registered against their of miss selling. If you are able to do miss sale or Miss guide to the customer, only than you can stay here last long otherwise I bet you.... You won't stay here for long.

Salary - Bad

+6 more

Relationship Manager in Meerut

Customer Success, Service & Operations Department

3.0

• posted on 07 Mar 2022

4.0

for Salary and Benefits

Likes

If you can handle pressure & You are enough clever to handle the situation & Politics. You Can earn extra incentives here no doubt. It's all about your supervisior. It's your luck to get a good CBM.

Salary - Good

+1 more

Dislikes

everything expect the Salary on time.

Job security - Bad

+4 more

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

3.0

• posted on 27 Sep 2020

2.0

for Salary and Benefits

Likes

... band 8 in covid situation co has started 4 lac medical policy... Its good ..... 7 days working, no increament as u know that our ctc is not good i m totally dependent co, currently co hire employees in high package same profile.. Existing employees sitting on same package.. 5 day co policy when i joined now saturday &Sunday working no addition benefit given. ..... Ok what to do. .

Dislikes

No HR value in choice, no ethics, 7 days working, no increament, late night working

Salary - Poor

+3 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Canara HSBC Life Insurance Banking Officer Salary FAQs

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

Banking Officer salary at Canara HSBC Life Insurance in India ranges between ₹2.6 Lakhs to ₹3.1 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 29% less than the average Banking Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a Banking Officer at Canara HSBC Life Insurance is 29% less than the average salary of a Banking Officer in India. To know exact salary insights, login to view.

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

Kotak Mahindara Life Insurance Banking Officer Salary - ₹0.4 Lakhs to ₹8.0 Lakhs per year
SBI Life Insurance Company Banking Officer Salary - ₹0.8 Lakhs to ₹6.4 Lakhs per year
ICICI Prudential Life Insurance Banking Officer Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Max Life Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year
Tata AIA Life Insurance Banking Officer Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year

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

ICICI Lombard General Insurance Company Banking Officer Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance Banking Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
HDFC Life Banking Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹2.6 Lakhs per year
SBI General Insurance Banking Officer Salary - ₹1.4 Lakhs to ₹3.1 Lakhs per year

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

The estimated take-home salary of a Banking Officer at Canara HSBC Life Insurance ranges between ₹19,865 per month to ₹21,530 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Banking Officer salary in India which ranges between ₹2.6 Lakhs to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Canara HSBC Life Insurance Banking Officers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Banking Officer Salaries

Canara HSBC Life Insurance Banking Officer salary in India ranges between ₹2.6 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.