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Canara HSBC Life Insurance Cluster Business Head salaries in India (Updated 2025)

Annual salary range
5 - 15 years exp.
₹5 Lakhs - ₹12 Lakhs
Salary of majority employees
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38% less than the average Cluster Business Head Salary in Insurance Companies for 5 - 15 years of experience

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Salaries in different departments

Sales & Business Development
Cluster Business Head Salary
5 - 15 years exp. (89 salaries)
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₹5 L/yr - ₹12 L/yr

BFSI, Investments & Trading
Cluster Business Head Salary
5 - 15 years exp. (65 salaries)
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₹5.3 L/yr - ₹11.5 L/yr

Marketing & Communication
Cluster Business Head Salary
6 - 13 years exp. (9 salaries)
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₹5.5 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Cluster Business Head Salary
5 - 11 years exp. (6 salaries)
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₹6.5 L/yr - ₹9.5 L/yr

Last Updated: 5 Mar 2025

Companies similar to Canara HSBC Life Insurance for Cluster Business Head

Company name Avg Annual Salary Open Jobs
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₹14.5 L/yr - ₹18.5 L/yr

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₹13 L/yr - ₹15.5 L/yr

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₹4.2 L/yr - ₹12 L/yr

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IIFL Home Finance Cluster Business Head Salary

9 - 16 years exp. (43 salaries)

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₹8 L/yr - ₹15 L/yr

arrow icon 42% more
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₹10.4 L/yr - ₹24 L/yr

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Cluster Business Head salary at Canara HSBC Life Insurance ranges between ₹5 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 190 latest salaries received from various employees of Canara HSBC Life Insurance.

Latest annual salaries shared by Canara HSBC Life Insurance Cluster Business Head

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12 years exp.
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8 years exp.
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6 years exp.
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8 years exp.
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8 years exp.
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11 years exp.
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6 years exp.
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9 years exp.
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14 years exp.
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14 years exp.

Experience wise Canara HSBC Life Insurance Cluster Business Head salaries

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
5 years  (4 salaries)

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₹5.5 L/yr - ₹9.5 L/yr
6 years  (18 salaries)

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₹5.3 L/yr - ₹9.6 L/yr
7 years  (11 salaries)

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₹5.3 L/yr - ₹9.3 L/yr
8 years  (28 salaries)

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₹5 L/yr - ₹10.2 L/yr
9 years  (21 salaries)

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₹6 L/yr - ₹9.8 L/yr
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Similar Designation salaries in Canara HSBC Life Insurance

Cluster Head Salary
(18 salaries)
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₹6 L/yr - ₹12 L/yr
Cluster Manager Salary
(39 salaries)
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₹4.7 L/yr - ₹10.5 L/yr
Area Head Salary
(4 salaries)
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₹5.55 L/yr - ₹13.95 L/yr
Team Lead Salary
(138 salaries)
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₹3.7 L/yr - ₹7.6 L/yr
Sales Executive Salary
(25 salaries)
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₹2.05 L/yr - ₹3.8 L/yr
Area Manager Salary
(7 salaries)
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₹8.5 L/yr - ₹12 L/yr
Sales Officer Salary
(289 salaries)
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₹2 L/yr - ₹4 L/yr
Deputy Manager Salary
(112 salaries)
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₹5.75 L/yr - ₹16 L/yr
Sales Manager Salary
(85 salaries)
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₹3 L/yr - ₹8.79 L/yr
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₹3 L/yr - ₹7.5 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.4

Rated by 44 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 01 Feb 2025

5.0
 for  Salary and Benefits

Likes

FLS level promotion promotion & salary structure & Product feature is very good.

read more
  • Salary - Excellent
  • +1 more

Dislikes

Many issues in IT segment like login process , issuance process so lengthy , Monthly & Yearly target setup 🎯 not maintained properly

read more
  • Skill development - Poor
  • +2 more

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
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Canara HSBC Life Insurance Cluster Business Head Salary FAQs

What is the salary of Cluster Business Head at Canara HSBC Life Insurance?
Cluster Business Head salary at Canara HSBC Life Insurance in India ranges between ₹5.0 Lakhs to ₹12.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 38% less than the average Cluster Business Head Salary in India. Salary estimates are based on 190 latest salaries received from various employees of Canara HSBC Life Insurance India.
How does the salary of a Cluster Business Head at Canara HSBC Life Insurance India compare with the average salary range for this job?
The average salary of a Cluster Business Head at Canara HSBC Life Insurance is 38% less than the average salary of a Cluster Business Head in India. To know exact salary insights, login to view.
Which similar companies are paying more than Canara HSBC Life Insurance to a Cluster Business Head in India?
  • AU Small Finance Bank Cluster Business Head Salary - ₹10.4 Lakhs to ₹24.0 Lakhs per year
  • Tata AIA Life Insurance Cluster Business Head Salary - ₹14.5 Lakhs to ₹18.5 Lakhs per year
  • Reliance General Insurance Cluster Business Head Salary - ₹13.0 Lakhs to ₹15.5 Lakhs per year
  • IIFL Home Finance Cluster Business Head Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Cluster Business Head in companies similar to Canara HSBC Life Insurance in India?
  • Hinduja Housing Finance Cluster Business Head Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year
What is the estimated take home salary of a Cluster Business Head at Canara HSBC Life Insurance in India?
The estimated take-home salary of a Cluster Business Head at Canara HSBC Life Insurance ranges between ₹59,816 per month to ₹61,327 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Cluster Business Head salary in India which ranges between ₹5.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Cluster Business Head at Canara HSBC Life Insurance?
According to AmbitionBox, 62% of the Canara HSBC Life Insurance Cluster Business Heads reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 227 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Canara HSBC Life Insurance Cluster Business Head salary in India ranges between ₹5 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 190 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.