Canara HSBC Life Insurance Cluster Credit Manager Salaries by 4 Employees (Updated 2025)

4 - 8 years exp.

₹5.4 Lakhs - ₹7.2 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Cluster Credit Manager Salary in Insurance Companies for 4 - 8 years of experience

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Last Updated: 21 Sep 2023

Companies similar to Canara HSBC Life Insurance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Hinduja Housing Finance Cluster Credit Manager Salary 0 - 12 years exp. (290 salaries)	₹3.4 L/yr - ₹9.9 L/yr 1% more	4 job openings
AU Small Finance Bank Cluster Credit Manager Salary 6 - 14 years exp. (155 salaries)	₹7.7 L/yr - ₹21.7 L/yr 160% more
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Ujjivan Small Finance Bank Cluster Credit Manager Salary 5 - 13 years exp. (149 salaries)	₹4.3 L/yr - ₹12.9 L/yr 48% more
IDFC FIRST Bank Cluster Credit Manager Salary 6 - 13 years exp. (92 salaries)	₹5.8 L/yr - ₹20 L/yr 120% more
Piramal Capital Housing Finance Cluster Credit Manager Salary 6 - 20 years exp. (75 salaries)	₹7.7 L/yr - ₹19.7 L/yr 144% more

Cluster Credit Manager salary at Canara HSBC Life Insurance ranges between ₹5.4 Lakhs to ₹7.2 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Credit Manager salaries

Last Updated: 21 Sep 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

Area Credit Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Credit Manager Salary

(4 salaries)

₹2.8 L/yr - ₹5.7 L/yr

Senior Credit Officer Salary

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₹3.3 L/yr - ₹4 L/yr

Relationship Manager Salary

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₹2.5 L/yr - ₹6.01 L/yr

Credit Officer Salary

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₹2.25 L/yr - ₹3.81 L/yr

Branch Manager Salary

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₹7 L/yr - ₹12.5 L/yr

Deputy Manager Salary

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₹5.75 L/yr - ₹16 L/yr

Sales Manager Salary

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₹3 L/yr - ₹8.79 L/yr

Credit Relationship Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Canara HSBC Life Insurance

Senior Associate in Belgaum

Full Time

Finance & Accounting Department

4.0

• posted on 25 Jul 2023

4.0

for Salary and Benefits

Likes

Flexible time, salary on time good bank support to generate business

Salary - Good

+3 more

Dislikes

Sales Training is not upto the mark ..service problems are big challenges.. there is no such correct path get resolving any it or service issues

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

Senior Associate in West Delhi

Full Time

Marketing & Communication Department

1.0

• posted on 06 Oct 2024

1.0

for Salary and Benefits

Likes

The way HR fools you by not disclosing their so important company policy. Giving you high salary packages, as a trap.

Dislikes

..., ICICI prudential, but nothing .. seriously nothing is worst like this company. Their reporting managers don't know anything about the process but they only know how to cut your salary... Everyone is here to blaming you only that all your fault. Before joining here I was a good performer in my job i know how to work , in my previous companies I have lots of achievements, but after joining here I loose my self confidence, I loose my mental health, I loose my peace of mind. And all this I got within 4 months of joining. I have resigned here and not expecting to join this company again ever in my life, worst worst worst experience. I will never let go here anyone from my friends and my reference. Suggestion for everyone. I don't have option to give less star than 1 . Every feedback here which show more than 3 star is could be fake or from the higher management or HR or the any lucky person here who got business easily. Worst product they have. They do so much miss sale in branch. Numbers of complaints have registered against their of miss selling. If you are able to do miss sale or Miss guide to the customer, only than you can stay here last long otherwise I bet you.... You won't stay here for long.

Salary - Bad

+6 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

see more salary related reviews

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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 Credit Manager Salary FAQs

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

Cluster Credit Manager salary at Canara HSBC Life Insurance in India ranges between ₹5.4 Lakhs to ₹7.2 Lakhs for experience between 4 years to 8 years. According to our estimates it is 40% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a Cluster Credit Manager at Canara HSBC Life Insurance is 40% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

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

AU Small Finance Bank Cluster Credit Manager Salary - ₹7.7 Lakhs to ₹21.7 Lakhs per year
Piramal Capital Housing Finance Cluster Credit Manager Salary - ₹7.7 Lakhs to ₹19.7 Lakhs per year
IDFC FIRST Bank Cluster Credit Manager Salary - ₹5.8 Lakhs to ₹20.0 Lakhs per year
Ujjivan Small Finance Bank Cluster Credit Manager Salary - ₹4.3 Lakhs to ₹12.9 Lakhs per year
Hinduja Housing Finance Cluster Credit Manager Salary - ₹3.4 Lakhs to ₹9.9 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at Canara HSBC Life Insurance ranges between ₹46,340 per month to ₹47,438 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Cluster Credit Manager salary in India which ranges between ₹5.4 Lakhs to ₹7.2 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Canara HSBC Life Insurance Cluster Credit Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Cluster Credit Manager Salaries

Canara HSBC Life Insurance Cluster Credit Manager salary in India ranges between ₹5.4 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.