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3.7

based on 1.8k Reviews

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Canara HSBC Life Insurance Cluster Branch Manager salaries in India

Annual salary range
6 - 15 years exp.
₹5.5 Lakhs - ₹12.1 Lakhs
Salary of majority employees
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44% less than the average Cluster Branch Manager Salary in Insurance Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Branch Manager Salary
6 - 15 years exp. (11 salaries)
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₹5.5 L/yr - ₹10 L/yr

Sales & Business Development
Cluster Branch Manager Salary
7 - 15 years exp. (5 salaries)
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₹7.2 L/yr - ₹12.1 L/yr

Customer Success, Service & Operations
Cluster Branch Manager Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹8.3 L/yr - ₹10.7 L/yr

Marketing & Communication
Cluster Branch Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7 L/yr

Last Updated: 29 Jan 2025

Companies similar to Canara HSBC Life Insurance for Cluster Branch Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Cluster Branch Manager Salary

5 - 11 years exp. (4 salaries)

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₹6.7 L/yr - ₹10 L/yr

arrow icon 2% more
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₹7.2 L/yr - ₹10 L/yr

arrow icon 1% more
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₹7 L/yr - ₹14.5 L/yr

arrow icon 25% more
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₹8 L/yr - ₹18.5 L/yr

arrow icon 67% more
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Tata AIG Cluster Branch Manager Salary

10 - 16 years exp. (16 salaries)

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₹10.8 L/yr - ₹16.5 L/yr

arrow icon 59% more
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₹10 L/yr - ₹18.2 L/yr

arrow icon 69% more
Cluster Branch Manager salary at Canara HSBC Life Insurance ranges between ₹5.5 Lakhs to ₹12.1 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 24 latest salaries received from various employees of Canara HSBC Life Insurance.

Latest annual salaries shared by Canara HSBC Life Insurance Cluster Branch Manager

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12 years exp.
2w ago
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14 years exp.
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11 years exp.
3mo ago
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7 years exp.
5mo ago
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15 years exp.
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10 years exp.
7mo ago
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6 years exp.
9mo ago
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15 years exp.
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10 years exp.
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11 years exp.

Experience wise Canara HSBC Life Insurance Cluster Branch Manager salaries

Last Updated: 29 Jan 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹7.5 L/yr
7 years  (5 salaries)

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₹5.5 L/yr - ₹9 L/yr
8 years  (3 salaries)

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₹6.4 L/yr - ₹13.7 L/yr
9 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹8.3 L/yr
10 years  (4 salaries)

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₹8 L/yr - ₹9 L/yr
View all

Similar Designation salaries in Canara HSBC Life Insurance

Senior Branch Manager Salary
(AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.2 L/yr
Cluster Manager Salary
(37 salaries)
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₹4.7 L/yr - ₹10.5 L/yr
Assistant Branch Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Branch Manager Salary
(4 salaries)
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₹8 L/yr - ₹12 L/yr
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₹6 L/yr - ₹12 L/yr
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₹12.5 L/yr - ₹18.5 L/yr
Area Manager Salary
(7 salaries)
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₹8.5 L/yr - ₹12 L/yr
Credit Manager Salary
(4 salaries)
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₹2.8 L/yr - ₹5.7 L/yr
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₹4.5 L/yr - ₹8.05 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.4

Rated by 12 employees for salary & benefits

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

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.

read more
  • Salary - Excellent
  • +6 more

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.

read more
  • 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

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 31 Jul 2024

2.0
 for  Salary and Benefits

Likes

Promotion criteria is crystal clear

  • Skill development - Good

Dislikes

Internal promoters working on lowest salary, Partiality with employees, not support to female employees, specifically after maternity leave no any rule for female employees for location and work life balance with baby.

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  • Salary - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 14 May 2024

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Poor hiring process of senior HR Jaideep Singh and his team Given the interview, I submitted my documents, but at the time of package discussion, HR never called back for package rectification because their company is not relevant to giving packages to the new joiners, but they want them to work on fewer packages and be available for work every day of the week, 24/7.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Canara HSBC Life Insurance Cluster Branch Manager Salary FAQs

What is the salary of Cluster Branch Manager at Canara HSBC Life Insurance?
Cluster Branch Manager salary at Canara HSBC Life Insurance in India ranges between ₹5.5 Lakhs to ₹12.1 Lakhs for experience between 6 years to 15 years. According to our estimates it is 44% less than the average Cluster Branch Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of Canara HSBC Life Insurance India.
How does the salary of a Cluster Branch Manager at Canara HSBC Life Insurance India compare with the average salary range for this job?
The average salary of a Cluster Branch Manager at Canara HSBC Life Insurance is 44% less than the average salary of a Cluster Branch Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Canara HSBC Life Insurance to a Cluster Branch Manager in India?
  • Reliance General Insurance Cluster Branch Manager Salary - ₹10.0 Lakhs to ₹18.2 Lakhs per year
  • ICICI Lombard General Insurance Company Cluster Branch Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
  • Tata AIG Cluster Branch Manager Salary - ₹10.8 Lakhs to ₹16.5 Lakhs per year
  • Bajaj Allianz Life Insurance Cluster Branch Manager Salary - ₹7.0 Lakhs to ₹14.5 Lakhs per year
  • HDFC Life Cluster Branch Manager Salary - ₹6.7 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Cluster Branch Manager in companies similar to Canara HSBC Life Insurance in India?
  • Max Life Insurance Cluster Branch Manager Salary - ₹7.2 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Cluster Branch Manager at Canara HSBC Life Insurance in India?
The estimated take-home salary of a Cluster Branch Manager at Canara HSBC Life Insurance ranges between ₹59,895 per month to ₹61,409 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Cluster Branch Manager salary in India which ranges between ₹5.5 Lakhs to ₹12.1 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Cluster Branch Manager at Canara HSBC Life Insurance?
According to AmbitionBox, 34% of the Canara HSBC Life Insurance Cluster Branch Managers reported a notice period of 3 Months, 26% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Canara HSBC Life Insurance Cluster Branch Manager salary in India ranges between ₹5.5 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.