Canara HSBC Life Insurance Banking Officer Salaries by 4 Employees

0 - 5 years exp.

₹2.6 Lakhs - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Banking Officer Salary in Insurance Companies for 0 - 5 years of experience

Interested in this particular role?

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
Login to view exact salary
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
SBI Life Insurance Company Banking Officer Salary 0 - 6 years exp. (12 salaries)	₹0.8 L/yr - ₹6.4 L/yr 18% more
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
ICICI Lombard General Insurance Company Banking Officer Salary 0 - 8 years exp. (6 salaries)	₹1.9 L/yr - ₹4.5 L/yr 7% more
Tata AIA Life Insurance Banking Officer Salary 0 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 12% more
SBI General Insurance Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹1.4 L/yr - ₹3.1 L/yr 15% less
Bajaj Allianz Life Insurance Banking Officer Salary 1 - 4 years exp. (5 salaries)	₹2.3 L/yr - ₹3.3 L/yr 6% more
HDFC Life Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 6% less
Reliance Nippon Life Insurance Banking Officer Salary 3 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹2.6 L/yr 13% less
PNB MetLife Banking Officer Salary 1 - 3 years exp. (4 salaries)	₹1.7 L/yr - ₹3 L/yr 18% 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
Login to view exact salary
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

Management Trainee Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹8.9 L/yr - ₹11.4 L/yr

Deputy Manager Salary

(114 salaries)

₹5 L/yr - ₹16 L/yr

Senior Associate Salary

(82 salaries)

₹2.7 L/yr - ₹6.01 L/yr

Finance Executive Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Accountant Salary

(4 salaries)

₹1.8 L/yr - ₹6 L/yr

Analyst Salary

(5 salaries)

₹1.1 L/yr - ₹9.57 L/yr

Team Lead Salary

(146 salaries)

₹3.7 L/yr - ₹7.6 L/yr

Process Associate Salary

(5 salaries)

₹2.25 L/yr - ₹3.6 L/yr

Relationship Manager Salary

(200 salaries)

₹2.5 L/yr - ₹6.01 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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Canara HSBC Life Insurance?

Ask anonymously on communities.

Canara HSBC Life Insurance Banking Officer Salary FAQs

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

The average salary of a Banking Officer at Canara HSBC Life Insurance in India typically ranges from ₹2.6 Lakhs to ₹3.1 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Banking Officer at Canara HSBC Life Insurance earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Banking Officer Salaries at Canara HSBC Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Canara HSBC Life Insurance employees in India.

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 in India typically ranges from ₹19,865 to ₹21,530 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from Fresher to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Canara HSBC Life Insurance for Banking Officer in India?

SBI Life Insurance Company	₹0.8 Lakhs to ₹6.4 Lakhs per year
ICICI Prudential Life Insurance	₹2.7 Lakhs to ₹3.5 Lakhs per year
Tata AIA Life Insurance	₹2.6 Lakhs to ₹4.5 Lakhs per year
ICICI Lombard General Insurance Company	₹1.9 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance	₹2.3 Lakhs to ₹3.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Canara HSBC Life Insurance, depending on the role and experience level.

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

The salary of a Banking Officer at companies similar to Canara HSBC Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹2.5 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance	₹2.4 Lakhs to ₹2.6 Lakhs per year
SBI General Insurance	₹1.4 Lakhs to ₹3.1 Lakhs per year
PNB MetLife	₹1.7 Lakhs to ₹3.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Banking Officer at Canara HSBC Life Insurance in India?

The salary growth for a Banking Officer at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Banking Officer can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience	Average Salary Range
Fresher	₹2.6 Lakhs to ₹2.6 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.6 Lakhs to ₹4.9 Lakhs per year
3 years	₹1.1 Lakhs to ₹3.1 Lakhs per year

and so on.

Tell us how to improve this page.

Canara HSBC Life Insurance Banking Officer Salaries by Location

Home >
Salaries >
Canara HSBC Life Insurance Salaries >
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.