Canara HSBC Life Insurance Kolkata Cluster Business Manager Salaries by 10+ Employees (Updated 2025)

5 - 14 years exp.

₹4.5 Lakhs - ₹11.3 Lakhs

Salary of majority employees

19% less than the average Cluster Business Manager Salary in Insurance Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Business Manager Salary 7 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹10.3 L/yr
Sales & Business Development Cluster Business Manager Salary 10 - 14 years exp. (3 salaries)	₹5.3 L/yr - ₹11.3 L/yr
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Marketing & Communication Cluster Business Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹10.1 L/yr

Last Updated: 13 Jan 2025

Companies similar to Canara HSBC Life Insurance for Cluster Business Manager in Kolkata

Canara HSBC Life Insurance Cluster Business Manager Salary

5 - 14 years exp. (14 salaries)

₹4.5 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Logistics Cluster Business Manager Salary 5 - 16 years exp. (8 salaries)	₹8 L/yr - ₹18.7 L/yr 46% more
Axis Bank Cluster Business Manager Salary 4 - 12 years exp. (6 salaries)	₹7 L/yr - ₹11 L/yr 10% more
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Mahindra & Mahindra Cluster Business Manager Salary 14 - 18 years exp. (4 salaries)	₹17.5 L/yr - ₹22.4 L/yr 124% more
Lifestyle Cluster Business Manager Salary 10 - 15 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 74% more

Cluster Business Manager salary at Canara HSBC Life Insurance ranges between ₹4.5 Lakhs to ₹11.3 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 14 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Business Manager salaries in Kolkata

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
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7 years (3 salaries)	₹5.5 L/yr - ₹13.6 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14.8 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.2 L/yr
12 years (3 salaries)	₹6.7 L/yr - ₹11.3 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.9 L/yr
14 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11.3 L/yr

View all

Similar Designation salaries in Canara HSBC Life Insurance

Cluster Business Head Salary

(19 salaries)

₹6.5 L/yr - ₹11.5 L/yr

Senior Relationship Officer Salary

(14 salaries)

₹3.2 L/yr - ₹4.43 L/yr

Relationship Manager Salary

(9 salaries)

₹2.55 L/yr - ₹5.2 L/yr

Senior Sales Officer Salary

(5 salaries)

₹3.3 L/yr - ₹3.75 L/yr

Sales Manager Salary

(3 salaries)

₹5.5 L/yr - ₹6.8 L/yr

Area Sales Manager Salary

(3 salaries)

₹8 L/yr - ₹9.75 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

2.9

Rated by 2 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

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

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

Sales Officer in Hoshiarpur

Other Department

1.0

• posted on 22 Nov 2018

1.0

for Salary and Benefits

Likes

It was literally a very bad experience no compensation no benefits to the employees superiors are worst no career growth and zero job security. I must say that go there only if u want to hamper ur growth

Dislikes

Superiors don't have any knowledge no support from there end. This is the main reason why i leave

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

1w (edited)

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 my previous org.

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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 Kolkata?

Cluster Business Manager salary at Canara HSBC Life Insurance in Kolkata ranges between ₹4.5 Lakhs to ₹11.3 Lakhs for experience between 5 years to 14 years. According to our estimates it is 19% less than the average Cluster Business Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Canara HSBC Life Insurance Kolkata.

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

The average salary of a Cluster Business Manager at Canara HSBC Life Insurance is 19% less than the average salary of a Cluster Business Manager in Kolkata. 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 Kolkata.

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

Mahindra & Mahindra Cluster Business Manager Salary - ₹17.5 Lakhs to ₹22.4 Lakhs per year
Lifestyle Cluster Business Manager Salary - ₹13.0 Lakhs to ₹17.0 Lakhs per year
Mahindra Logistics Cluster Business Manager Salary - ₹8.0 Lakhs to ₹18.7 Lakhs per year
Axis Bank Cluster Business Manager Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Cluster Business Manager at Canara HSBC Life Insurance ranges between ₹63,902 per month to ₹65,529 per month in Kolkata. 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 ₹11.3 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Canara HSBC Life Insurance Cluster Business Managers in Kolkata reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Cluster Business Manager Salaries in Kolkata

Canara HSBC Life Insurance Cluster Business Manager salary in Kolkata ranges between ₹4.5 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.

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

Companies similar to Canara HSBC Life Insurance for Cluster Business Manager in Kolkata

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

Experience wise Canara HSBC Life Insurance Cluster Business Manager salaries in Kolkata

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

Cluster Business Head in Patna

Senior Relationship Officer in Dehradun

Sales Officer in Mysuru / Mysore

Relationship Manager in Meerut

Sales Officer in Hoshiarpur

Canara HSBC Life Insurance Cluster Business Manager Salary FAQs

Tell us how to improve this page.