Canara HSBC Life Insurance Bhopal Cluster Branch Manager Salaries by 3 Employees (Updated 2025)

10 - 14 years exp.

₹8.3 Lakhs - ₹11 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% more than the average Cluster Branch Manager Salary in Insurance Companies for 10 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations Cluster Branch Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.3 L/yr
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Sales & Business Development Cluster Branch Manager Salary 14 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹11 L/yr

Last Updated: 11 Jan 2025

Cluster Branch Manager salary at Canara HSBC Life Insurance ranges between ₹8.3 Lakhs to ₹11 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Branch Manager salaries in Bhopal

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
11 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
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12 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.6 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

Senior Relationship Officer Salary

(8 salaries)

₹3.1 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(6 salaries)

₹3 L/yr - ₹4.32 L/yr

Cluster Business Head Salary

(4 salaries)

₹7.85 L/yr - ₹12 L/yr

Cluster Business Manager Salary

(3 salaries)

₹6.8 L/yr - ₹10 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.4

Rated by 2 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.

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

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

Executive Relationship Officer in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

4.0

• posted on 18 Mar 2025

5.0

for Salary and Benefits

Likes

Promotion criteria is best. Salary hike is also a good part of growth.

Salary - Excellent

+4 more

Dislikes

No clarity on holidays to employees of bancassurance. If banks are opened we have to go to bank even if HO has holiday. If bank has holiday and HO doesn't we have to visit there in HO.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Canara HSBC Life Insurance Cluster Branch Manager Salary FAQs

How the salary growth look like for a Cluster Branch Manager at Canara HSBC Life Insurance in Bhopal?

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

Experience	Average Salary Range
10 years	₹8.4 Lakhs to ₹10.8 Lakhs per year
11 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
12 years	₹8.7 Lakhs to ₹11.2 Lakhs per year
13 years	₹8.9 Lakhs to ₹11.4 Lakhs per year

and so on.

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Canara HSBC Life Insurance Cluster Branch Manager Salaries in Bhopal

Canara HSBC Life Insurance Cluster Branch Manager salary in Bhopal ranges between ₹8.3 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.