Canara HSBC Life Insurance Business Development Executive Salaries by 4 Employees

0 - 2 years exp.

₹1.6 Lakh - ₹4.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

26% less than the average Business Development Executive Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

Sales & Business Development Business Development Executive Salary 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr
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BFSI, Investments & Trading Business Development Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 12 Oct 2024

Companies similar to Canara HSBC Life Insurance for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Business Development Executive Salary 0 - 7 years exp. (171 salaries)	₹2 L/yr - ₹4.7 L/yr 13% more
ICICI Lombard General Insurance Company Business Development Executive Salary 0 - 8 years exp. (128 salaries)	₹2.5 L/yr - ₹6.9 L/yr 80% more
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SBI General Insurance Business Development Executive Salary 0 - 5 years exp. (35 salaries)	₹2 L/yr - ₹4.5 L/yr 8% more
Shriram Life Insurance Business Development Executive Salary 0 - 5 years exp. (30 salaries)	₹1.4 L/yr - ₹4 L/yr 16% less
HDFC Life Business Development Executive Salary 1 - 5 years exp. (20 salaries)	₹1.2 L/yr - ₹4.4 L/yr 1% less	1 job opening
ICICI Prudential Life Insurance Business Development Executive Salary 0 - 5 years exp. (16 salaries)	₹2.4 L/yr - ₹6 L/yr 43% more
Bajaj Allianz Life Insurance Business Development Executive Salary 1 - 8 years exp. (13 salaries)	₹2.4 L/yr - ₹4.1 L/yr 24% more
Star Health & Allied Insurance Business Development Executive Salary 0 - 4 years exp. (9 salaries)	₹1.8 L/yr - ₹4.5 L/yr At par
Iffco Tokio General Insurance Co. Business Development Executive Salary 0 - 5 years exp. (5 salaries)	₹3 L/yr - ₹3.9 L/yr 17% more
PNB MetLife Business Development Executive Salary 0 - 9 years exp. (5 salaries)	₹2 L/yr - ₹3.8 L/yr 6% less
MetLife Business Development Executive Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹6.2 L/yr 41% more
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Aditya Birla Sun Life Insurance Business Development Executive Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.1 L/yr 7% more
Reliance General Insurance Business Development Executive Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 48% more
National Insurance Company Business Development Executive Salary 2 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹4.8 L/yr 62% more

Business Development Executive salary at Canara HSBC Life Insurance ranges between ₹1.6 Lakh to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Business Development Executive salaries

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

Senior Business Development Executive Salary

(3 salaries)

₹4.1 L/yr - ₹4.3 L/yr

Business Development Officer Salary

(14 salaries)

₹2.5 L/yr - ₹3.1 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Business Development Manager Salary

(7 salaries)

₹2.5 L/yr - ₹6.24 L/yr

Senior Business Development Associate Salary

(3 salaries)

₹3.8 L/yr - ₹5.5 L/yr

Area Sales Executive Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Senior Sales Executive Salary

(5 salaries)

₹2.7 L/yr - ₹4 L/yr

Sales Executive Salary

(25 salaries)

₹2.05 L/yr - ₹3.8 L/yr

Marketing Executive Salary

(5 salaries)

₹3.1 L/yr - ₹5.17 L/yr

Business Analyst Salary

(5 salaries)

₹8.4 L/yr - ₹14 L/yr

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.

Salary - Good

+1 more

Dislikes

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

Job security - Bad

+4 more

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.

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.

Salary - Excellent

+6 more

Dislikes

Branch mapping issue's.

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

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.

Salary - Good

+4 more

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.

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Canara HSBC Life Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Canara HSBC Life Insurance ?

The average salary of a Business Development Executive at Canara HSBC Life Insurance in India typically ranges from ₹1.6 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Business Development Executive at Canara HSBC Life Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Business Development Executive 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 Business Development Executive at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Business Development Executive at Canara HSBC Life Insurance in India typically ranges from ₹20,656 to ₹22,309 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher to 2 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 Business Development Executive in India?

ICICI Lombard General Insurance Company	₹2.5 Lakhs to ₹6.9 Lakhs per year
National Insurance Company	₹4.5 Lakhs to ₹4.8 Lakhs per year
Reliance General Insurance	₹2.8 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance	₹2.4 Lakhs to ₹6.0 Lakhs per year
MetLife	₹2.0 Lakhs to ₹6.2 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 Business Development Executive in companies similar to Canara HSBC Life Insurance in India?

The salary of a Business Development Executive 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:

Bajaj Allianz Life Insurance	₹2.4 Lakhs to ₹4.1 Lakhs per year
Iffco Tokio General Insurance Co.	₹3.0 Lakhs to ₹3.9 Lakhs per year
SBI Life Insurance Company	₹2.0 Lakhs to ₹4.7 Lakhs per year
SBI General Insurance	₹2.0 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.0 Lakhs to ₹3.1 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 Business Development Executive at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.6 Lakhs to ₹3.3 Lakhs per year
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.4 Lakhs per year

and so on.

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Canara HSBC Life Insurance Business Development Executive Salaries by Location

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Canara HSBC Life Insurance Business Development Executive Salaries

Canara HSBC Life Insurance Business Development Executive salary in India ranges between ₹1.6 Lakh to ₹4.3 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.

Canara HSBC Life Insurance Business Development Executive salaries in India

Companies similar to Canara HSBC Life Insurance for Business Development Executive

Latest annual salaries shared by Canara HSBC Life Insurance Business Development Executive

Experience wise Canara HSBC Life Insurance Business Development Executive salaries

Similar Designation salaries in Canara HSBC Life Insurance

Salary related reviews for Canara HSBC Life Insurance

Relationship Officer in Coimbatore

Relationship Manager in Dhanbad

Relationship Officer in Coimbatore

Sales Officer in Mysuru / Mysore

Relationship Officer in Jalpaiguri

Canara HSBC Life Insurance Business Development Executive Salary FAQs

Tell us how to improve this page.

Canara HSBC Life Insurance Business Development Executive Salaries by Location