Canara HSBC Life Insurance Cluster Sales Manager Salaries by 6 Employees (Updated 2025)

6 - 8 years exp.

₹5.1 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Cluster Sales Manager Salary in Insurance Companies for 6 - 8 years of experience

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Salaries in different departments

Sales & Business Development Cluster Sales Manager Salary 7 - 8 years exp. (4 salaries)	₹5.3 L/yr - ₹7.2 L/yr
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BFSI, Investments & Trading Cluster Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.6 L/yr

Last Updated: 28 Dec 2024

Companies similar to Canara HSBC Life Insurance for Cluster Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Sales Manager Salary 5 - 16 years exp. (108 salaries)	₹5.9 L/yr - ₹11.4 L/yr 50% more
ICICI Prudential Life Insurance Cluster Sales Manager Salary 2 - 14 years exp. (6 salaries)	₹6.8 L/yr - ₹7.5 L/yr 14% more
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Max Life Insurance Cluster Sales Manager Salary 6 - 11 years exp. (6 salaries)	₹5 L/yr - ₹7 L/yr At par
Bajaj Allianz Life Insurance Cluster Sales Manager Salary 7 - 15 years exp. (6 salaries)	₹8.5 L/yr - ₹11.5 L/yr 73% more
Aditya Birla Sun Life Insurance Cluster Sales Manager Salary 2 - 10 years exp. (7 salaries)	₹6.5 L/yr - ₹10 L/yr 31% more
PNB MetLife Cluster Sales Manager Salary 5 - 13 years exp. (82 salaries)	₹3.6 L/yr - ₹6.1 L/yr 18% less
Tata AIA Life Insurance Cluster Sales Manager Salary 5 - 13 years exp. (94 salaries)	₹5.2 L/yr - ₹11.7 L/yr 38% more	53 job openings
SBI General Insurance Cluster Sales Manager Salary 10 - 18 years exp. (117 salaries)	₹6 L/yr - ₹15.8 L/yr 52% more
Aditya Birla Health Insurance Co Cluster Sales Manager Salary 2 - 11 years exp. (16 salaries)	₹3.5 L/yr - ₹9 L/yr 18% less
Reliance General Insurance Cluster Sales Manager Salary 8 - 12 years exp. (7 salaries)	₹5.5 L/yr - ₹14.5 L/yr 68% more
ICICI Lombard General Insurance Company Cluster Sales Manager Salary 4 - 7 years exp. (5 salaries)	₹5 L/yr - ₹7.5 L/yr 4% less
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Star Health & Allied Insurance Cluster Sales Manager Salary 7 - 15 years exp. (4 salaries)	₹5.8 L/yr - ₹7.2 L/yr 9% more
Tata AIG Cluster Sales Manager Salary 4 - 20 years exp. (3 salaries)	₹5.4 L/yr - ₹8.5 L/yr 10% more

Cluster Sales Manager salary at Canara HSBC Life Insurance ranges between ₹5.1 Lakhs to ₹9 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Sales Manager salaries

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.1 L/yr
7 years (3 salaries)	₹5.3 L/yr - ₹7.2 L/yr
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8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹9 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

Senior Sales Manager Salary

(30 salaries)

₹3 L/yr - ₹7.5 L/yr

Area Sales Manager Salary

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₹6 L/yr - ₹12 L/yr

Cluster Manager Salary

(37 salaries)

₹4.7 L/yr - ₹10.5 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3 L/yr - ₹4.8 L/yr

Territory Sales Manager Salary

(8 salaries)

₹5 L/yr - ₹6.5 L/yr

Sales Manager Salary

(89 salaries)

₹2.9 L/yr - ₹8.79 L/yr

Senior Area Sales Manager Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Senior Sales Officer Salary

(199 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Cluster Head Salary

(18 salaries)

₹6 L/yr - ₹12 L/yr

Branch Manager Salary

(4 salaries)

₹8 L/yr - ₹12 L/yr

Salary related reviews for Canara HSBC Life Insurance

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

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

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

Salary - Good

+6 more

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

Salary - Poor

+3 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Canara HSBC Life Insurance Cluster Sales Manager Salary FAQs

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

Cluster Sales Manager salary at Canara HSBC Life Insurance in India ranges between ₹5.1 Lakhs to ₹9.0 Lakhs for experience between 6 years to 8 years. According to our estimates it is 36% less than the average Cluster Sales Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a Cluster Sales Manager at Canara HSBC Life Insurance is 36% less than the average salary of a Cluster Sales 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 Sales Manager in India?

Bajaj Allianz Life Insurance Cluster Sales Manager Salary - ₹8.5 Lakhs to ₹11.5 Lakhs per year
Reliance General Insurance Cluster Sales Manager Salary - ₹5.5 Lakhs to ₹14.5 Lakhs per year
SBI General Insurance Cluster Sales Manager Salary - ₹6.0 Lakhs to ₹15.8 Lakhs per year
HDFC Life Cluster Sales Manager Salary - ₹5.9 Lakhs to ₹11.4 Lakhs per year
Tata AIA Life Insurance Cluster Sales Manager Salary - ₹5.2 Lakhs to ₹11.7 Lakhs per year

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

Aditya Birla Sun Life Insurance Cluster Sales Manager Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
ICICI Prudential Life Insurance Cluster Sales Manager Salary - ₹6.8 Lakhs to ₹7.5 Lakhs per year
Tata AIG Cluster Sales Manager Salary - ₹5.4 Lakhs to ₹8.5 Lakhs per year
Star Health & Allied Insurance Cluster Sales Manager Salary - ₹5.8 Lakhs to ₹7.2 Lakhs per year
Max Life Insurance Cluster Sales Manager Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Cluster Sales Manager at Canara HSBC Life Insurance ranges between ₹47,118 per month to ₹48,234 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Cluster Sales Manager salary in India which ranges between ₹5.1 Lakhs to ₹9.0 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Canara HSBC Life Insurance Cluster Sales Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Cluster Sales Manager Salaries

Canara HSBC Life Insurance Cluster Sales Manager salary in India ranges between ₹5.1 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.