Canara HSBC Life Insurance Cluster Head Salaries by 10+ Employees (Updated 2024)

5 - 19 years exp.

₹6 Lakhs - ₹12 Lakhs

Salary of majority employees

38% less than the average Cluster Head Salary in Insurance Companies for 5 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Cluster Head Salary 5 - 19 years exp. (8 salaries)	₹6.2 L/yr - ₹12 L/yr
Sales & Business Development Cluster Head Salary 6 - 9 years exp. (3 salaries)	₹6 L/yr - ₹11 L/yr
Login to view exact salary
Risk Management & Compliance Cluster Head Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹9.7 L/yr

Last Updated: 24 Nov 2024

Companies similar to Canara HSBC Life Insurance for Cluster Head

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Head Salary 7 - 16 years exp. (23 salaries)	₹5.9 L/yr - ₹14 L/yr 11% more
ICICI Prudential Life Insurance Cluster Head Salary 4 - 19 years exp. (13 salaries)	₹7 L/yr - ₹15 L/yr 33% more
Login to view exact salary
Max Life Insurance Cluster Head Salary 6 - 20 years exp. (28 salaries)	₹7 L/yr - ₹18 L/yr 35% more
Bajaj Allianz Life Insurance Cluster Head Salary 7 - 17 years exp. (37 salaries)	₹7 L/yr - ₹15.9 L/yr 23% more
Kotak Mahindara Life Insurance Cluster Head Salary 8 - 21 years exp. (9 salaries)	₹5.2 L/yr - ₹18.1 L/yr 38% more
Aditya Birla Sun Life Insurance Cluster Head Salary 4 - 9 years exp. (20 salaries)	₹6 L/yr - ₹12 L/yr 7% more
PNB MetLife Cluster Head Salary 12 - 18 years exp. (10 salaries)	₹15 L/yr - ₹18.8 L/yr 90% more
Tata AIA Life Insurance Cluster Head Salary 8 - 15 years exp. (10 salaries)	₹6.5 L/yr - ₹13.9 L/yr 36% more
Reliance Nippon Life Insurance Cluster Head Salary 9 - 19 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 14% less
Reliance General Insurance Cluster Head Salary 9 - 18 years exp. (57 salaries)	₹7 L/yr - ₹19.4 L/yr 44% more
Aditya Birla Health Insurance Co Cluster Head Salary 5 - 10 years exp. (9 salaries)	₹6 L/yr - ₹12 L/yr 5% more
Login to view exact salary
SBI General Insurance Cluster Head Salary 14 - 19 years exp. (7 salaries)	₹8.7 L/yr - ₹20 L/yr 61% more
Tata AIG Cluster Head Salary 4 - 13 years exp. (5 salaries)	₹4.7 L/yr - ₹13.1 L/yr 13% less
Shriram Life Insurance Cluster Head Salary 11 - 22 years exp. (4 salaries)	₹4.8 L/yr - ₹12 L/yr 2% less
MDIndia Health Insurance TPA Cluster Head Salary 4 - 6 years exp. (4 salaries)	₹4.8 L/yr - ₹5.4 L/yr 42% less

Cluster Head salary at Canara HSBC Life Insurance ranges between ₹6 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 19 years. Salary estimates are based on 19 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Head salaries

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹9.2 L/yr
6 years (4 salaries)	₹6 L/yr - ₹9 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹14.8 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
11 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
12 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹15.7 L/yr
13 years (3 salaries)	₹7.8 L/yr - ₹16 L/yr
14 years (3 salaries)	₹8 L/yr - ₹10.4 L/yr
15+ years (3 salaries)	₹7.1 L/yr - ₹12 L/yr

View all

Similar Designation salaries in Canara HSBC Life Insurance

Cluster Manager Salary

(31 salaries)

₹4.7 L/yr - ₹9.8 L/yr

Team Lead Salary

(136 salaries)

₹3 L/yr - ₹7.5 L/yr

Sales Officer Salary

(389 salaries)

₹2 L/yr - ₹3.9 L/yr

Sales Manager Salary

(91 salaries)

₹2.1 L/yr - ₹9 L/yr

Sales Executive Salary

(23 salaries)

₹2.05 L/yr - ₹4.2 L/yr

Area Manager Salary

(7 salaries)

₹8.5 L/yr - ₹12 L/yr

Deputy Manager Salary

(96 salaries)

₹6 L/yr - ₹16 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Branch Manager Salary

(4 salaries)

₹8 L/yr - ₹12 L/yr

Territory Manager Salary

(31 salaries)

₹4.5 L/yr - ₹8.05 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.3

Rated by 5 employees for salary & benefits

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

Sales Officer in Bangalore Rural

Other Department

5.0

• posted on 09 Apr 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus

Dislikes

No dislikes

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

3.0

• posted on 27 Sep 2020

2.0

for Salary and Benefits

Likes

... band 8 in covid situation co has started 4 lac medical policy... Its good ..... 7 days working, no increament as u know that our ctc is not good i m totally dependent co, currently co hire employees in high package same profile.. Existing employees sitting on same package.. 5 day co policy when i joined now saturday &Sunday working no addition benefit given. ..... Ok what to do. .

Dislikes

No HR value in choice, no ethics, 7 days working, no increament, late night working

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Canara HSBC Life Insurance?

Ask anonymously on communities.

Canara HSBC Life Insurance Cluster Head Salary FAQs

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

Cluster Head salary at Canara HSBC Life Insurance in India ranges between ₹6.0 Lakhs to ₹12.0 Lakhs for experience between 5 years to 19 years. According to our estimates it is 38% less than the average Cluster Head Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a Cluster Head at Canara HSBC Life Insurance is 38% less than the average salary of a Cluster Head in India. To know exact salary insights, login to view.

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

PNB MetLife Cluster Head Salary - ₹15.0 Lakhs to ₹18.8 Lakhs per year
SBI General Insurance Cluster Head Salary - ₹8.7 Lakhs to ₹20.0 Lakhs per year
Reliance General Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹19.4 Lakhs per year
Kotak Mahindara Life Insurance Cluster Head Salary - ₹5.2 Lakhs to ₹18.1 Lakhs per year
Tata AIA Life Insurance Cluster Head Salary - ₹6.5 Lakhs to ₹13.9 Lakhs per year

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

Max Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
ICICI Prudential Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Bajaj Allianz Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹15.9 Lakhs per year
HDFC Life Cluster Head Salary - ₹5.9 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Head Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Cluster Head at Canara HSBC Life Insurance ranges between ₹63,856 per month to ₹65,482 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Cluster Head salary in India which ranges between ₹6.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 19 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 55% of the Canara HSBC Life Insurance Cluster Heads reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Canara HSBC Life Insurance Cluster Head Salaries by Location

Home >
Salaries >
Canara HSBC Life Insurance Salaries >
Canara HSBC Life Insurance Cluster Head Salaries

Canara HSBC Life Insurance Cluster Head salary in India ranges between ₹6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.