Canara HSBC Life Insurance Cluster Business Head Salaries by 100+ Employees (Updated 2025)

6 - 15 years exp.

₹5 Lakhs - ₹12 Lakhs

Salary of majority employees

37% less than the average Cluster Business Head Salary in Insurance Companies for 6 - 15 years of experience

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Salaries in different departments

Sales & Business Development Cluster Business Head Salary 6 - 15 years exp. (90 salaries)	₹5 L/yr - ₹12 L/yr
BFSI, Investments & Trading Cluster Business Head Salary 6 - 15 years exp. (66 salaries)	₹5.3 L/yr - ₹11.5 L/yr
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Marketing & Communication Cluster Business Head Salary 6 - 13 years exp. (9 salaries)	₹5.5 L/yr - ₹9 L/yr
Customer Success, Service & Operations Cluster Business Head Salary 8 - 11 years exp. (4 salaries)	₹7.1 L/yr - ₹9.5 L/yr

Last Updated: 24 Mar 2025

Companies similar to Canara HSBC Life Insurance for Cluster Business Head

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Cluster Business Head Salary 14 - 16 years exp. (3 salaries)	₹14.5 L/yr - ₹18.5 L/yr 95% more
Reliance General Insurance Cluster Business Head Salary 15 - 16 years exp. (3 salaries)	₹13 L/yr - ₹15.5 L/yr 81% more
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Hinduja Housing Finance Cluster Business Head Salary 5 - 13 years exp. (158 salaries)	₹4.2 L/yr - ₹12 L/yr 8% less
IIFL Home Finance Cluster Business Head Salary 9 - 16 years exp. (44 salaries)	₹8 L/yr - ₹15 L/yr 44% more
AU Small Finance Bank Cluster Business Head Salary 8 - 22 years exp. (28 salaries)	₹11 L/yr - ₹24 L/yr 93% more

Cluster Business Head salary at Canara HSBC Life Insurance ranges between ₹5 Lakhs to ₹12 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 189 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Business Head salaries

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
6 years (17 salaries)	₹5.3 L/yr - ₹9.6 L/yr
7 years (11 salaries)	₹5.3 L/yr - ₹9.3 L/yr
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8 years (28 salaries)	₹5 L/yr - ₹10.2 L/yr
9 years (22 salaries)	₹6 L/yr - ₹11 L/yr
10 years (28 salaries)	₹6 L/yr - ₹10.2 L/yr
11 years (22 salaries)	₹6 L/yr - ₹11.5 L/yr
12 years (14 salaries)	₹6 L/yr - ₹12 L/yr
13 years (20 salaries)	₹6.5 L/yr - ₹11.6 L/yr
14 years (12 salaries)	₹7 L/yr - ₹12 L/yr
15+ years (15 salaries)	₹7 L/yr - ₹11.5 L/yr

View all

Similar Designation salaries in Canara HSBC Life Insurance

Cluster Head Salary

(18 salaries)

₹6 L/yr - ₹12 L/yr

Cluster Manager Salary

(38 salaries)

₹4.7 L/yr - ₹10 L/yr

Area Head Salary

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₹5.55 L/yr - ₹13.95 L/yr

Team Lead Salary

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₹3.7 L/yr - ₹7.6 L/yr

Sales Executive Salary

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₹2.05 L/yr - ₹3.8 L/yr

Area Manager Salary

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₹8.5 L/yr - ₹12 L/yr

Sales Officer Salary

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₹1.95 L/yr - ₹4 L/yr

Deputy Manager Salary

(114 salaries)

₹5 L/yr - ₹16 L/yr

Sales Manager Salary

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₹3 L/yr - ₹8.79 L/yr

Senior Sales Manager Salary

(30 salaries)

₹3 L/yr - ₹7.5 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.5

Rated by 46 employees for salary & benefits

Cluster Business Head in Patna

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.

Salary - Poor

+1 more

Cluster Business Head in Agartala

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.

Salary - Excellent

+1 more

Dislikes

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

Skill development - Poor

+2 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.

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 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

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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 ?

The average salary of a Cluster Business Head at Canara HSBC Life Insurance in India typically ranges from ₹5.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Cluster Business Head at Canara HSBC Life Insurance earn more than ₹10.2 Lakhs per year, and the top 1% earn over ₹11.8 Lakhs per year. Cluster Business Head 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 100+ Canara HSBC Life Insurance employees in India.

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 in India typically ranges from ₹59,699 to ₹61,207 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 6 years to 15 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 100+ 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 Cluster Business Head in India?

Tata AIA Life Insurance	₹14.5 Lakhs to ₹18.5 Lakhs per year
AU Small Finance Bank	₹11.0 Lakhs to ₹24.0 Lakhs per year
Reliance General Insurance	₹13.0 Lakhs to ₹15.5 Lakhs per year
IIFL Home Finance	₹8.0 Lakhs to ₹15.0 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 Cluster Business Head in companies similar to Canara HSBC Life Insurance in India?

The salary of a Cluster Business Head 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:

Hinduja Housing Finance

₹4.2 Lakhs to ₹12.0 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 Cluster Business Head at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
6 years	₹5.3 Lakhs to ₹9.6 Lakhs per year
7 years	₹5.3 Lakhs to ₹9.3 Lakhs per year
8 years	₹5.0 Lakhs to ₹10.2 Lakhs per year
9 years	₹6.0 Lakhs to ₹11.0 Lakhs per year

and so on.

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Canara HSBC Life Insurance Cluster Business Head Salaries by Location

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Canara HSBC Life Insurance Cluster Business Head Salaries

Canara HSBC Life Insurance Cluster Business Head salary in India ranges between ₹5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 189 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.

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

Companies similar to Canara HSBC Life Insurance for Cluster Business Head

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

Experience wise Canara HSBC Life Insurance Cluster Business Head salaries

Similar Designation salaries in Canara HSBC Life Insurance

Salary related reviews for Canara HSBC Life Insurance

Cluster Business Head in Patna

Cluster Business Head in Agartala

Relationship Manager in Dhanbad

Sales Officer in Mysuru / Mysore

Relationship Manager in Meerut

Canara HSBC Life Insurance Cluster Business Head Salary FAQs

Tell us how to improve this page.

Canara HSBC Life Insurance Cluster Business Head Salaries by Location