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This company page is being actively managed by Canara HSBC Life Insurance Team. If you also belong to the team, you can get access from here

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3.6

based on 1.9k Reviews

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Canara HSBC Life Insurance Cluster Head salaries in Bangalore / Bengaluru

Annual salary range
6 - 15 years exp.
₹6 Lakhs - ₹7.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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54% less than the average Cluster Head Salary in Insurance Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Head Salary
15 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹7.1 L/yr

Sales & Business Development
Cluster Head Salary
8 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹7.7 L/yr

Last Updated: 7 Dec 2023

Companies similar to Canara HSBC Life Insurance for Cluster Head in Bangalore / Bengaluru

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Canara HSBC Life Insurance Cluster Head Salary

6 - 15 years exp. (4 salaries)
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₹6 L/yr - ₹7.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Allianz Life Insurance Cluster Head Salary

7 - 12 years exp. (4 salaries)
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₹10.3 L/yr - ₹12.9 L/yr

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Reliance General Insurance Cluster Head Salary

10 - 15 years exp. (4 salaries)
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₹13.5 L/yr - ₹17.2 L/yr

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HDFC Life Cluster Head Salary

7 - 15 years exp. (3 salaries)
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₹9.5 L/yr - ₹14 L/yr

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HDFC Bank Cluster Head Salary

9 - 22 years exp. (24 salaries)
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₹10.6 L/yr - ₹35.1 L/yr

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Broker Network Cluster Head Salary

8 - 15 years exp. (22 salaries)
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₹9 L/yr - ₹18 L/yr

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Cluster Head salary at Canara HSBC Life Insurance ranges between ₹6 Lakhs to ₹7.1 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Latest annual salaries shared by Canara HSBC Life Insurance Cluster Head in Bangalore / Bengaluru

1y ago
₹7.1 Lakhs
15 years exp.
1y ago
₹6.8 Lakhs
12 years exp.

Experience wise Canara HSBC Life Insurance Cluster Head salaries in Bangalore / Bengaluru

Last Updated: 7 Dec 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
9 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
View all

Similar Designation salaries in Canara HSBC Life Insurance

Sales Officer Salary
(46 salaries)
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₹2.4 L/yr - ₹4 L/yr
Team Lead Salary
(10 salaries)
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₹4 L/yr - ₹6.55 L/yr
Sales Manager Salary
(8 salaries)
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₹3.6 L/yr - ₹6.6 L/yr
Sales Executive Salary
(6 salaries)
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₹2.05 L/yr - ₹3.8 L/yr
Deputy Manager Salary
(3 salaries)
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₹9 L/yr - ₹10.5 L/yr
Area Manager Salary
(3 salaries)
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₹8.5 L/yr - ₹9.8 L/yr

Salary related reviews for Canara HSBC Life Insurance

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.

read more
  • Skill development - Good
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Dislikes

Salary is average as per the company's standards.

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.

read more
  • Salary - Poor
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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.

read more
  • 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

read more

Dislikes

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

  • Salary - Bad
    • +6 more

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

read more
  • Salary - Good
    • +6 more

Dislikes

No dislikes

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Canara HSBC Life Insurance Cluster Head Salary FAQs

What is the salary of Cluster Head at Canara HSBC Life Insurance in Bangalore / Bengaluru?
The average salary of a Cluster Head at Canara HSBC Life Insurance in Bangalore / Bengaluru typically ranges from ₹6.0 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Cluster Head in Bangalore / Bengaluru at Canara HSBC Life Insurance earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Cluster Head 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 4 Canara HSBC Life Insurance employees in India.
What is the estimated take home salary of a Cluster Head at Canara HSBC Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Cluster Head at Canara HSBC Life Insurance in Bangalore / Bengaluru typically ranges from ₹52,283 to ₹53,515 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 6 years to 15 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 4 salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Canara HSBC Life Insurance for Cluster Head in India?
HDFC Bank ₹10.6 Lakhs to ₹35.1 Lakhs per year
Reliance General Insurance ₹13.5 Lakhs to ₹17.2 Lakhs per year
Broker Network ₹9.0 Lakhs to ₹18.0 Lakhs per year
HDFC Life ₹9.5 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz Life Insurance ₹10.3 Lakhs to ₹12.9 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 Head at Canara HSBC Life Insurance in Bangalore / Bengaluru?
The salary growth for a Cluster Head at Canara HSBC Life Insurance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Cluster Head in Bangalore / Bengaluru can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience Average Salary Range
6 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
7 years ₹5.5 Lakhs to ₹7.1 Lakhs per year
8 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
9 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
and so on.

Tell us how to improve this page.

Canara HSBC Life Insurance Cluster Head salary in Bangalore / Bengaluru ranges between ₹6 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.