Canara HSBC Life Insurance Cluster Manager Banca Salaries by 4 Employees

8 - 13 years exp.

₹5 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

At par with the average Cluster Manager Banca Salary in Insurance Companies for 8 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Banca Salary 8 - 13 years exp. (3 salaries)	₹5 L/yr - ₹8 L/yr
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Sales & Business Development Cluster Manager Banca Salary 8 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.1 L/yr

Last Updated: 11 Sep 2024

Companies similar to Canara HSBC Life Insurance for Cluster Manager Banca

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Manager Banca Salary 7 - 16 years exp. (46 salaries)	₹7 L/yr - ₹11.5 L/yr 29% more
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary 4 - 12 years exp. (41 salaries)	₹6 L/yr - ₹12.6 L/yr 12% more
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Star Health & Allied Insurance Cluster Manager Banca Salary 5 - 13 years exp. (22 salaries)	₹5 L/yr - ₹9.8 L/yr 7% less
Aditya Birla Health Insurance Co Cluster Manager Banca Salary 3 - 18 years exp. (9 salaries)	₹5.1 L/yr - ₹9 L/yr At par
Bajaj Allianz Life Insurance Cluster Manager Banca Salary 7 - 13 years exp. (9 salaries)	₹6 L/yr - ₹10 L/yr 7% more
Reliance General Insurance Cluster Manager Banca Salary 11 - 17 years exp. (9 salaries)	₹8 L/yr - ₹10.7 L/yr 36% more
Reliance Nippon Life Insurance Cluster Manager Banca Salary 9 - 11 years exp. (5 salaries)	₹4.4 L/yr - ₹6 L/yr 27% less
Tata AIA Life Insurance Cluster Manager Banca Salary 8 - 13 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr 23% more
ICICI Prudential Life Insurance Cluster Manager Banca Salary 2 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 44% more
SBI General Insurance Cluster Manager Banca Salary 12 - 17 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 23% more
ICICI Lombard General Insurance Company Cluster Manager Banca Salary 2 - 14 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 42% more
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Tata AIG Cluster Manager Banca Salary 7 - 11 years exp. (3 salaries)	₹4.9 L/yr - ₹5.7 L/yr 27% less
PNB MetLife Cluster Manager Banca Salary 6 - 8 years exp. (3 salaries)	₹4 L/yr - ₹5.8 L/yr 26% less

Cluster Manager Banca salary at Canara HSBC Life Insurance ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with experience between 8 years to 13 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 Manager Banca salaries

Last Updated: 11 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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13 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

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Salary related reviews for Canara HSBC Life Insurance

Relationship Officer in Coimbatore

Full Time

Sales & Business Development Department

1.0

• posted on 09 Aug 2024

4.0

for Salary and Benefits

Likes

I worked Canara HSBC for more than 1 year. Most worst experience. No support from reporting manager and also regional manager. Bank managers always used to tell don’t work in Canara HSBC they are cheaters, they tell achievements recognition after archiving they will not do what they said. I worked year 1year, even a single time managers didn’t visit to my branches because Canara HSBC managers don’t have face to meet bank managers. Most worst company I have ever seen.

Salary - Good

+1 more

Dislikes

Only salary is good. Everything is worst. Don’t work with Canara HSBC and don’t loose your time. Products also worst

Job security - Bad

+4 more

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.

Relationship Officer in Coimbatore

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Sep 2023

5.0

for Salary and Benefits

Likes

...convenient and get best relationship from the company and branch sidewise also. Get Good salary package and very best on incentive and appraisal.

Salary - Excellent

+6 more

Dislikes

Branch mapping issue's.

Relationship Officer in Jalpaiguri

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Mar 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 every year.

Salary - Good

+4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is high. And incentive structure is very Lucrative.

Relationship Officer in Bikramganj

Full Time

Sales & Business Development Department

5.0

• posted on 04 Dec 2020

5.0

for Salary and Benefits

Likes

Friendly environment, career growth, In covid -19 where every company Or government cuts salary Or recession in some company.. Canara hsbc life insurance company supports with same benefit .

Salary - Excellent

+5 more

Dislikes

IT , facing many problems while using ACT, mail is not working, Improvement in underwriting

Job security - Bad

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Canara HSBC Life Insurance Cluster Manager Banca Salary FAQs

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

The average salary of a Cluster Manager Banca at Canara HSBC Life Insurance in India typically ranges from ₹5.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Cluster Manager Banca at Canara HSBC Life Insurance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Cluster Manager Banca 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 Manager Banca at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Cluster Manager Banca at Canara HSBC Life Insurance in India typically ranges from ₹53,099 to ₹54,421 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 8 years to 13 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 Manager Banca in India?

ICICI Prudential Life Insurance	₹6.5 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company	₹8.0 Lakhs to ₹12.0 Lakhs per year
Reliance General Insurance	₹8.0 Lakhs to ₹10.7 Lakhs per year
HDFC Life	₹7.0 Lakhs to ₹11.5 Lakhs per year
SBI General Insurance	₹7.5 Lakhs to ₹10.0 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.

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

The salary of a Cluster Manager Banca at companies similar to Canara HSBC Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹7.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.0 Lakhs to ₹12.6 Lakhs per year
Bajaj Allianz Life Insurance	₹6.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Health Insurance Co	₹5.1 Lakhs to ₹9.0 Lakhs per year
Star Health & Allied Insurance	₹5.0 Lakhs to ₹9.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
8 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
12 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
13 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Canara HSBC Life Insurance Cluster Manager Banca Salaries

Canara HSBC Life Insurance Cluster Manager Banca salary in India ranges between ₹5 Lakhs to ₹8 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.