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Canara HSBC Life Insurance Business Development Manager salaries in India

Annual salary range
1 - 14 years exp.
₹2.5 Lakhs - ₹6.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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40% less than the average Business Development Manager Salary in Insurance Companies for 1 - 14 years of experience

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Salaries in different departments

Administration & Facilities
Business Development Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹5 L/yr

Sales & Business Development
Business Development Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹5.8 L/yr - ₹6.2 L/yr

Last Updated: 1 Dec 2024

Companies similar to Canara HSBC Life Insurance for Business Development Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Business Development Manager Salary

0 - 11 years exp. (1.4k salaries)

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₹1.8 L/yr - ₹5 L/yr

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11 job openings
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₹1.9 L/yr - ₹7 L/yr

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₹1.6 L/yr - ₹5.3 L/yr

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13 job openings
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₹3 L/yr - ₹6 L/yr

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3 job openings
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₹3 L/yr - ₹5.5 L/yr

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₹2.3 L/yr - ₹4.8 L/yr

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₹2 L/yr - ₹6 L/yr

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₹3.4 L/yr - ₹6 L/yr

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₹1.1 L/yr - ₹8.2 L/yr

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₹1.5 L/yr - ₹6 L/yr

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₹2 L/yr - ₹7 L/yr

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Tata AIG Business Development Manager Salary

2 - 10 years exp. (18 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 4% less
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₹2 L/yr - ₹5.8 L/yr

arrow icon 14% less
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₹3.4 L/yr - ₹10.7 L/yr

arrow icon 63% more
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₹4 L/yr - ₹7 L/yr

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₹4.4 L/yr - ₹7.8 L/yr

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Gallagher Business Development Manager Salary

4 - 14 years exp. (3 salaries)

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₹10 L/yr - ₹10.8 L/yr

arrow icon 126% more
Business Development Manager salary at Canara HSBC Life Insurance ranges between ₹2.5 Lakhs to ₹6.2 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

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

1mo ago
₹6.2 Lakhs
14 years exp.
5mo ago
₹6 Lakhs
1 year exp.
7mo ago
₹4.5 Lakhs
4 years exp.
1y ago
₹4.5 Lakhs
3 years exp.
1y ago
₹4.5 Lakhs
7 years exp.

Experience wise Canara HSBC Life Insurance Business Development Manager salaries

Last Updated: 1 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
View all

Similar Designation salaries in Canara HSBC Life Insurance

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₹3.7 L/yr - ₹4.1 L/yr
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₹2.8 L/yr - ₹3.6 L/yr
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₹1.6 L/yr - ₹4.25 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹17.25 L/yr - ₹25.5 L/yr
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₹3 L/yr - ₹4.8 L/yr
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₹4.1 L/yr - ₹4.3 L/yr
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₹3 L/yr - ₹7.5 L/yr
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₹7 L/yr - ₹12 L/yr
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₹5 L/yr - ₹6.5 L/yr

Salary related reviews for Canara HSBC Life Insurance

4.2

Rated by 2 employees for salary & benefits

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.

read more
  • Skill development - Good
  • +2 more

Dislikes

Salary is average as per the company's standards.

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.

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Salary - Good
  • +1 more

Dislikes

everything expect the Salary on time.

  • Job security - Bad
  • +4 more

Other Department

1.0
  •  posted on 22 Nov 2018

1.0
 for  Salary and Benefits

Likes

It was literally a very bad experience no compensation no benefits to the employees superiors are worst no career growth and zero job security. I must say that go there only if u want to hamper ur growth

read more

Dislikes

Superiors don't have any knowledge no support from there end. This is the main reason why i leave

  • Salary - Bad
  • +6 more

Other Department

5.0
  •  posted on 09 Apr 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

read more
  • Salary - Good
  • +6 more

Dislikes

No dislikes

see more salary related reviews

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Canara HSBC Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Canara HSBC Life Insurance ?
The average salary of a Business Development Manager at Canara HSBC Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 1 year to 14 years).

The top 10% of Business Development Manager at Canara HSBC Life Insurance earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Business Development 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 Business Development Manager at Canara HSBC Life Insurance in India?
The estimated take-home salary of a Business Development Manager at Canara HSBC Life Insurance in India typically ranges from ₹33,842 to ₹35,100 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 1 year to 14 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 Business Development Manager in India?
Gallagher ₹10.0 Lakhs to ₹10.8 Lakhs per year
Reliance General Insurance ₹4.4 Lakhs to ₹7.8 Lakhs per year
Iffco Tokio General Insurance Co. ₹3.4 Lakhs to ₹10.7 Lakhs per year
MDIndia Health Insurance TPA ₹4.0 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company ₹1.9 Lakhs to ₹7.0 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 Business Development Manager in companies similar to Canara HSBC Life Insurance in India?
The salary of a Business Development 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:

Aditya Birla Health Insurance Co ₹3.4 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹6.0 Lakhs per year
Tata AIG ₹3.1 Lakhs to ₹6.0 Lakhs per year
Reliance Nippon Life Insurance ₹1.5 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.0 Lakhs to ₹5.5 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 Manager at Canara HSBC Life Insurance in India?
The salary growth for a Business Development Manager at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience Average Salary Range
1 year ₹4.0 Lakhs to ₹5.1 Lakhs per year
2 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
3 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years ₹4.0 Lakhs to ₹5.2 Lakhs per year
and so on.

Tell us how to improve this page.

Canara HSBC Life Insurance Business Development Manager salary in India ranges between ₹2.5 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.