Canara HSBC Life Insurance Patna Cluster Business Manager Salaries by 10+ Employees

5 - 14 years exp.

₹5.3 Lakhs - ₹11 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% 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 5 - 14 years exp. (12 salaries)	₹5.3 L/yr - ₹11 L/yr
Login to view exact salary
Sales & Business Development Cluster Business Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹9.5 L/yr

Last Updated: 17 May 2024

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

Canara HSBC Life Insurance Cluster Business Manager Salary

5 - 14 years exp. (14 salaries)

₹5.3 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Cluster Business Manager Salary 2 - 11 years exp. (5 salaries)	₹10 L/yr - ₹15.5 L/yr 45% more
Login to view exact salary
Mahindra & Mahindra Cluster Business Manager Salary 12 - 16 years exp. (3 salaries)	₹20.1 L/yr - ₹25 L/yr 138% more

Cluster Business Manager salary at Canara HSBC Life Insurance ranges between ₹5.3 Lakhs to ₹11 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 Patna

Last Updated: 17 May 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
6 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
9 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
10 years (4 salaries)	₹5.3 L/yr - ₹15.4 L/yr
11 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
13 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr

View all

Similar Designation salaries in Canara HSBC Life Insurance

Senior Relationship Officer Salary

(11 salaries)

₹3.5 L/yr - ₹4.7 L/yr

Cluster Business Head Salary

(6 salaries)

₹5.3 L/yr - ₹8.6 L/yr

Relationship Manager Salary

(5 salaries)

₹3.1 L/yr - ₹4.32 L/yr

Senior Sales Officer Salary

(4 salaries)

₹3.4 L/yr - ₹3.8 L/yr

Senior Relationship Manager Salary

(4 salaries)

₹3.7 L/yr - ₹4.05 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

4.5

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.

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

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 Business Manager Salary FAQs

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

The average salary of a Cluster Business Manager at Canara HSBC Life Insurance in Patna typically ranges from ₹5.3 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Cluster Business Manager in Patna at Canara HSBC Life Insurance earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Cluster Business Manager 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 10+ Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Cluster Business Manager at Canara HSBC Life Insurance in Patna typically ranges from ₹63,023 to ₹64,626 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 5 years to 14 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 10+ salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Business Manager at Canara HSBC Life Insurance in Patna?

To be a Cluster Business Manager at Canara HSBC Life Insurance in Patna, the key skills required include:

- Team Handling
- Target Achievement
- Life Insurance
- Team Motivation
- Relationship Management

These skills are highly valued at Canara HSBC Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Canara HSBC Life Insurance for Cluster Business Manager in India?

Mahindra & Mahindra	₹20.1 Lakhs to ₹25.0 Lakhs per year
Reliance General Insurance	₹10.0 Lakhs to ₹15.5 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.

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

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

Experience	Average Salary Range
5 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
6 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
7 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
8 years	₹7.4 Lakhs to ₹9.5 Lakhs per year

and so on.

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Canara HSBC Life Insurance Cluster Business Manager Salaries in Patna

Canara HSBC Life Insurance Cluster Business Manager salary in Patna ranges between ₹5.3 Lakhs to ₹11 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.