Canara HSBC Life Insurance Pune Cluster Business Manager Salaries by 3 Employees (Updated 2025)

10 - 13 years exp.

₹5.7 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Cluster Business Manager Salary in Insurance Companies for 10 - 13 years of experience

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Last Updated: 13 Jun 2023

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

Canara HSBC Life Insurance Cluster Business Manager Salary

10 - 13 years exp. (3 salaries)

₹5.7 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Rivigo Cluster Business Manager Salary 7 - 14 years exp. (11 salaries)	₹12.6 L/yr - ₹22.7 L/yr 60% more
AU Small Finance Bank Cluster Business Manager Salary 12 - 21 years exp. (6 salaries)	₹10.8 L/yr - ₹18.5 L/yr 101% more
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Royal Enfield Cluster Business Manager Salary 8 - 15 years exp. (5 salaries)	₹11.2 L/yr - ₹16.3 L/yr 81% more
Varthana Cluster Business Manager Salary 10 - 14 years exp. (3 salaries)	₹9.6 L/yr - ₹12.3 L/yr 45% more

Cluster Business Manager salary at Canara HSBC Life Insurance ranges between ₹5.7 Lakhs to ₹9 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Canara HSBC Life Insurance.

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

Last Updated: 13 Jun 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.1 L/yr
11 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹14.3 L/yr
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12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
13 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

Senior Relationship Officer Salary

(9 salaries)

₹3.4 L/yr - ₹4.6 L/yr

Relationship Manager Salary

(5 salaries)

₹3 L/yr - ₹4 L/yr

Cluster Business Head Salary

(4 salaries)

₹7.75 L/yr - ₹13 L/yr

Area Sales Manager Salary

(3 salaries)

₹7.75 L/yr - ₹10 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

4.6

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

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.

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

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.

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.

Dislikes

everything expect the Salary on time.

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Canara HSBC Life Insurance Cluster Business Manager Salary FAQs

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

According to AmbitionBox, 50% of the Canara HSBC Life Insurance Cluster Business Managers in Pune reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Cluster Business Manager Salaries in Pune

Canara HSBC Life Insurance Cluster Business Manager salary in Pune ranges between ₹5.7 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.