Canara HSBC Life Insurance Cluster Business Manager Salaries by 200+ Employees (Updated 2025)

5 - 20 years exp.

₹4.5 Lakhs - ₹13 Lakhs

Salary of majority employees

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22% less than the average Cluster Business Manager Salary in Insurance Companies for 5 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Business Manager Salary 5 - 20 years exp. (128 salaries)	Unlock ₹4.5 L/yr - ₹12.6 L/yr
Sales & Business Development Cluster Business Manager Salary 5 - 20 years exp. (64 salaries)	Unlock ₹4.8 L/yr - ₹13 L/yr
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Marketing & Communication Cluster Business Manager Salary 6 - 15 years exp. (12 salaries)	Unlock ₹5.3 L/yr - ₹10 L/yr

Last Updated: 10 Feb 2025

Companies similar to Canara HSBC Life Insurance for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Business Manager Salary 5 - 14 years exp. (4 salaries)	Unlock ₹7.5 L/yr - ₹10.5 L/yr 7% more
Reliance General Insurance Cluster Business Manager Salary 2 - 19 years exp. (7 salaries)	Unlock ₹6 L/yr - ₹15.5 L/yr 28% more
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Reliance Nippon Life Insurance Cluster Business Manager Salary 8 - 16 years exp. (4 salaries)	Unlock ₹5.8 L/yr - ₹7 L/yr 27% less
ICICI Lombard General Insurance Company Cluster Business Manager Salary 15 - 20 years exp. (4 salaries)	Unlock ₹16.7 L/yr - ₹19 L/yr 103% more
AU Small Finance Bank Cluster Business Manager Salary 10 - 20 years exp. (85 salaries)	Unlock ₹6 L/yr - ₹23.5 L/yr 70% more

Cluster Business Manager salary at Canara HSBC Life Insurance ranges between ₹4.5 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 237 latest salaries received from various employees of Canara HSBC Life Insurance.

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

3d ago

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11 years exp.

1w ago

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15 years exp.

2w ago

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12 years exp.

4w ago

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20 years exp.

1mo ago

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14 years exp.

1mo ago

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15 years exp.

1mo ago

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20 years exp.

1mo ago

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11 years exp.

2mo ago

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8 years exp.

3mo ago

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10 years exp.

Experience wise Canara HSBC Life Insurance Cluster Business Manager salaries

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
5 years (15 salaries)	Unlock ₹4.5 L/yr - ₹8 L/yr
6 years (30 salaries)	Unlock ₹4.8 L/yr - ₹8 L/yr
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7 years (27 salaries)	Unlock ₹5 L/yr - ₹8 L/yr
8 years (39 salaries)	Unlock ₹4.5 L/yr - ₹10.1 L/yr
9 years (29 salaries)	Unlock ₹5 L/yr - ₹9.5 L/yr
10 years (30 salaries)	Unlock ₹5 L/yr - ₹12 L/yr
11 years (19 salaries)	Unlock ₹5.5 L/yr - ₹10 L/yr
12 years (16 salaries)	Unlock ₹5.3 L/yr - ₹11.3 L/yr
13 years (10 salaries)	Unlock ₹6 L/yr - ₹13 L/yr
14 years (10 salaries)	Unlock ₹6.1 L/yr - ₹11.3 L/yr
15+ years (12 salaries)	Unlock ₹7.6 L/yr - ₹13 L/yr

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Similar Designation salaries in Canara HSBC Life Insurance

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₹2.6 L/yr - ₹5.5 L/yr

Sales Officer Salary

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Relationship Manager Salary

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₹2.5 L/yr - ₹6.01 L/yr

Senior Sales Officer Salary

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₹2.8 L/yr - ₹4.35 L/yr

Cluster Business Head Salary

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Regional Business Head Salary

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₹11 L/yr - ₹20 L/yr

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₹7 L/yr - ₹12 L/yr

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₹3.95 L/yr - ₹6.3 L/yr

Top skills at Canara HSBC Life Insurance for Cluster Business Manager

Team Handling Target Achievement Life Insurance Team Motivation Relationship Management Revenue Generation Branch Management Activation Branch Handling Direct Sales Lead Generation Team Building Area Management Heading Branch New Client Acquisition

Salary related reviews for Canara HSBC Life Insurance

3.5

Rated by 59 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.

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

Senior Relationship Officer in Dehradun

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 26 Jul 2023

5.0

for Salary and Benefits

Likes

Salary and incentives are given in time Are suitability rewarded for good work Good working culture Hr policies are good

Salary - Excellent

+4 more

Dislikes

Personally I didn't not see myself growing Traveling allowances are given when you meet a specific creteria

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

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Salary Discussions, Hike & Promotions

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Canara HSBC Life Insurance Cluster Business Manager Salary FAQs

What is the salary of Cluster Business Manager at Canara HSBC Life Insurance?

Cluster Business Manager salary at Canara HSBC Life Insurance in India ranges between ₹4.5 Lakhs to ₹13.0 Lakhs for experience between 5 years to 20 years. According to our estimates it is 22% less than the average Cluster Business Manager Salary in India. Salary estimates are based on 237 latest salaries received from various employees of Canara HSBC Life Insurance India.

How does the salary of a Cluster Business Manager at Canara HSBC Life Insurance India compare with the average salary range for this job?

The average salary of a Cluster Business Manager at Canara HSBC Life Insurance is 22% less than the average salary of a Cluster Business Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Business Manager at Canara HSBC Life Insurance?

Team Handling, Target Achievement, Life Insurance, Team Motivation and Relationship Management are some of the popular skills required to work as a Cluster Business Manager at Canara HSBC Life Insurance India.

Which similar companies are paying more than Canara HSBC Life Insurance to a Cluster Business Manager in India?

ICICI Lombard General Insurance Company Cluster Business Manager Salary - ₹16.7 Lakhs to ₹19.0 Lakhs per year
AU Small Finance Bank Cluster Business Manager Salary - ₹6.0 Lakhs to ₹23.5 Lakhs per year
Reliance General Insurance Cluster Business Manager Salary - ₹6.0 Lakhs to ₹15.5 Lakhs per year
HDFC Life Cluster Business Manager Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year

What is the salary of a Cluster Business Manager in companies similar to Canara HSBC Life Insurance in India?

Reliance Nippon Life Insurance Cluster Business Manager Salary - ₹5.8 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Cluster Business Manager at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Cluster Business Manager at Canara HSBC Life Insurance ranges between ₹63,448 per month to ₹65,062 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Cluster Business Manager salary in India which ranges between ₹4.5 Lakhs to ₹13.0 Lakhs per year for employees with experience between 5 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Cluster Business Manager at Canara HSBC Life Insurance?

According to AmbitionBox, 55% of the Canara HSBC Life Insurance Cluster Business 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 120 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Cluster Business Manager Salaries by Location

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Canara HSBC Life Insurance Cluster Business Manager Salaries

Canara HSBC Life Insurance Cluster Business Manager salary in India ranges between ₹4.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 237 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.

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

Companies similar to Canara HSBC Life Insurance for Cluster Business Manager

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

Experience wise Canara HSBC Life Insurance Cluster Business Manager salaries

Similar Designation salaries in Canara HSBC Life Insurance

Top skills at Canara HSBC Life Insurance for Cluster Business Manager

Salary related reviews for Canara HSBC Life Insurance

Relationship Manager in Dhanbad

Cluster Business Head in Patna

Cluster Business Head in Agartala

Senior Relationship Officer in Dehradun

Sales Officer in Mysuru / Mysore

Canara HSBC Life Insurance Cluster Business Manager Salary FAQs

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Canara HSBC Life Insurance Cluster Business Manager Salaries by Location