Canara HSBC Life Insurance Cluster Sales Manager Salaries by 6 Employees (Updated 2024)

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 Sep 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. (103 salaries)	₹5.7 L/yr - ₹12 L/yr 45% more
ICICI Prudential Life Insurance Cluster Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹7 L/yr - ₹8.5 L/yr 33% 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 - 10 years exp. (4 salaries)	₹10.9 L/yr - ₹11.5 L/yr 78% more
Aditya Birla Sun Life Insurance Cluster Sales Manager Salary 2 - 10 years exp. (9 salaries)	₹6.5 L/yr - ₹10 L/yr 36% more
PNB MetLife Cluster Sales Manager Salary 5 - 13 years exp. (73 salaries)	₹3.9 L/yr - ₹6.1 L/yr 15% less
Tata AIA Life Insurance Cluster Sales Manager Salary 5 - 13 years exp. (86 salaries)	₹5.2 L/yr - ₹11.3 L/yr 42% more	58 job openings
SBI General Insurance Cluster Sales Manager Salary 8 - 18 years exp. (133 salaries)	₹4 L/yr - ₹15.8 L/yr 43% more
Aditya Birla Health Insurance Co Cluster Sales Manager Salary 2 - 10 years exp. (15 salaries)	₹3.5 L/yr - ₹8.3 L/yr 23% 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 - 8 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 - ₹8.1 L/yr 13% 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 Sep 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

(54 salaries)

₹6 L/yr - ₹12 L/yr

Cluster Manager Salary

(31 salaries)

₹4.7 L/yr - ₹9.8 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

(86 salaries)

₹2.1 L/yr - ₹9 L/yr

Senior Area Sales Manager Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Senior Sales Officer Salary

(216 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Cluster Head Salary

(19 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.

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

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a technical project manager

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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?

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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 - ₹10.9 Lakhs to ₹11.5 Lakhs per year
Reliance General Insurance Cluster Sales Manager Salary - ₹5.5 Lakhs to ₹14.5 Lakhs per year
HDFC Life Cluster Sales Manager Salary - ₹5.7 Lakhs to ₹12.0 Lakhs per year
SBI General Insurance Cluster Sales Manager Salary - ₹4.0 Lakhs to ₹15.8 Lakhs per year
Tata AIA Life Insurance Cluster Sales Manager Salary - ₹5.2 Lakhs to ₹11.3 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 - ₹7.0 Lakhs to ₹8.5 Lakhs per year
Star Health & Allied Insurance Cluster Sales Manager Salary - ₹5.8 Lakhs to ₹8.1 Lakhs per year
Tata AIG Cluster Sales Manager Salary - ₹5.4 Lakhs to ₹8.5 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.