Canara HSBC Life Insurance Branch Manager Salaries by 7 Employees

7 - 17 years exp.

₹7 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Branch Manager Salary in Insurance Companies for 7 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 7 - 17 years exp. (4 salaries)	₹7 L/yr - ₹12 L/yr
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Sales & Business Development Branch Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹12.5 L/yr

Last Updated: 23 Nov 2024

Companies similar to Canara HSBC Life Insurance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (369 salaries)	₹6.5 L/yr - ₹18.8 L/yr 16% more
HDFC Life Branch Manager Salary 6 - 18 years exp. (260 salaries)	₹5.3 L/yr - ₹12.5 L/yr 12% less
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Star Health & Allied Insurance Branch Manager Salary 5 - 18 years exp. (249 salaries)	₹4 L/yr - ₹11 L/yr 29% less
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (209 salaries)	₹4.5 L/yr - ₹13 L/yr 15% less	3 job openings
Reliance Nippon Life Insurance Branch Manager Salary 7 - 20 years exp. (202 salaries)	₹3.8 L/yr - ₹11.5 L/yr 28% less
SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (171 salaries)	₹6.5 L/yr - ₹16 L/yr 5% more
Tata AIA Life Insurance Branch Manager Salary 8 - 20 years exp. (169 salaries)	₹5 L/yr - ₹17.7 L/yr 15% more	13 job openings
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (158 salaries)	₹5 L/yr - ₹12 L/yr 16% less
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 18 years exp. (127 salaries)	₹4.5 L/yr - ₹12.1 L/yr 18% less	5 job openings
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 12 years exp. (107 salaries)	₹4.5 L/yr - ₹11.3 L/yr 18% less
Shriram Life Insurance Branch Manager Salary 5 - 16 years exp. (91 salaries)	₹2.2 L/yr - ₹9.5 L/yr 44% less	1 job opening
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Reliance General Insurance Branch Manager Salary 8 - 19 years exp. (63 salaries)	₹5.2 L/yr - ₹16 L/yr 6% less
Tata AIG Branch Manager Salary 7 - 14 years exp. (51 salaries)	₹5.9 L/yr - ₹11 L/yr 18% less
PNB MetLife Branch Manager Salary 8 - 20 years exp. (49 salaries)	₹6.6 L/yr - ₹13.2 L/yr 8% less
Iffco Tokio General Insurance Co. Branch Manager Salary 2 - 15 years exp. (33 salaries)	₹3.4 L/yr - ₹12 L/yr 34% less
MDIndia Health Insurance TPA Branch Manager Salary 6 - 12 years exp. (9 salaries)	₹4.6 L/yr - ₹7.6 L/yr 48% less	1 job opening
SBI General Insurance Branch Manager Salary 7 - 12 years exp. (7 salaries)	₹6.5 L/yr - ₹10.5 L/yr 25% less
National Insurance Company Branch Manager Salary 8 - 9 years exp. (6 salaries)	₹11 L/yr - ₹15.1 L/yr 12% more

Branch Manager salary at Canara HSBC Life Insurance ranges between ₹7 Lakhs to ₹12.5 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Branch Manager salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.6 L/yr
8 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹15.5 L/yr
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9 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.8 L/yr
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹18.2 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12.5 L/yr
13 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
14 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
15+ years (AmbitionBox Estimate)	₹12 L/yr - ₹22.2 L/yr

View all

Similar Designation salaries in Canara HSBC Life Insurance

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₹3 L/yr - ₹8.79 L/yr

Branch Head Salary

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₹8.6 L/yr - ₹11 L/yr

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Branch Sales Manager Salary

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Senior Branch Manager Salary

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Cluster Manager Salary

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Operations Manager Salary

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Area Sales Manager Salary

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Salary related reviews for Canara HSBC Life Insurance

3.7

Rated by 3 employees for salary & benefits

Relationship Manager in Dhanbad

Full Time

Sales & Business Development Department

4.0

• posted on 25 Feb 2025

3.0

for Salary and Benefits

Likes

Work life balance is good. You will acquire new learning here and you will definitely enhance your skills here. Time to time virtual training is organised. You will get options of fast track and regular promotions here for that you have to make sure to achieve the target.

Skill development - Good

+2 more

Dislikes

Salary is average as per the company's standards.

Sales Officer in Mysuru / Mysore

Full Time

Sales & Business Development Department

2.0

• posted on 09 Feb 2023

2.0

for Salary and Benefits

Likes

I can't like any thing because canara hsbc its a good company but from the RUH level management its worst.

Dislikes

Salary package Every 2nd and 4th Saturday meeting in HUB And some time they conducted meeting from 5.30 pm to 9 pm its very irritating. They are ready to debit only premium amount afterthat issuing problem and policy bond delivery problem.

Salary - Poor

+5 more

Operations Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

Absolutely nothing

Dislikes

...le culture. Even top management is just busy in politics and finding scapegoats. Pay is peanuts and zero work life balance. The leaders have no respect for employees or their personal time. This is one of the worst organizations one can ever work for.

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

Branch Head in Bhopal

BFSI, Investments & Trading Department

5.0

• posted on 28 Jun 2022

5.0

for Salary and Benefits

Likes

...tes are supportive and the management is transparent. There is a huge cafeteria. Company policies are good , appraisals are fair and they give good salary hike nad bonus tour's every year. We get learn and knew new things and enjoy doing work because of such a nice atmosphere and culture.

Salary - Excellent

+6 more

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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

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Canara HSBC Life Insurance Branch Manager Salary FAQs

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

The average salary of a Branch Manager at Canara HSBC Life Insurance in India typically ranges from ₹7.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Branch Manager at Canara HSBC Life Insurance earn more than ₹12.4 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Branch Manager 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 7 Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Branch Manager at Canara HSBC Life Insurance in India typically ranges from ₹75,648 to ₹77,608 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 7 years to 17 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 7 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 Branch Manager in India?

ICICI Prudential Life Insurance	₹6.5 Lakhs to ₹18.8 Lakhs per year
Tata AIA Life Insurance	₹5.0 Lakhs to ₹17.7 Lakhs per year
National Insurance Company	₹11.0 Lakhs to ₹15.1 Lakhs per year
SBI Life Insurance Company	₹6.5 Lakhs to ₹16.0 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 Branch Manager in companies similar to Canara HSBC Life Insurance in India?

The salary of a Branch Manager 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:

Reliance General Insurance	₹5.2 Lakhs to ₹16.0 Lakhs per year
PNB MetLife	₹6.6 Lakhs to ₹13.2 Lakhs per year
HDFC Life	₹5.3 Lakhs to ₹12.5 Lakhs per year
ICICI Lombard General Insurance Company	₹4.5 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Health Insurance Co	₹5.0 Lakhs to ₹12.0 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 Branch Manager at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
7 years	₹7.0 Lakhs to ₹14.6 Lakhs per year
8 years	₹8.4 Lakhs to ₹15.5 Lakhs per year
9 years	₹8.2 Lakhs to ₹10.5 Lakhs per year
10 years	₹3.8 Lakhs to ₹10.8 Lakhs per year

and so on.

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Canara HSBC Life Insurance Branch Manager Salaries

Canara HSBC Life Insurance Branch Manager salary in India ranges between ₹7 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.