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

5 - 10 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

11% more than the average Credit Life Manager Salary in Insurance Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Life Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
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Sales & Business Development Credit Life Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.5 L/yr

Last Updated: 14 Mar 2025

Companies similar to Canara HSBC Life Insurance for Credit Life Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Credit Life Manager Salary 7 - 22 years exp. (6 salaries)	₹4 L/yr - ₹13.1 L/yr 94% more
ICICI Prudential Life Insurance Credit Life Manager Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹8 L/yr 1% more
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PNB MetLife Credit Life Manager Salary 0 - 10 years exp. (4 salaries)	₹4 L/yr - ₹4.2 L/yr 8% less
Star Union Dai-ichi Life Insurance Credit Life Manager Salary 1 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 25% less

Credit Life Manager salary at Canara HSBC Life Insurance ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Credit Life Manager salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr

View all

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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.

Skill development - Good

+2 more

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.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Canara HSBC Life Insurance Credit Life Manager Salary FAQs

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

The average salary of a Credit Life Manager at Canara HSBC Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Credit Life Manager at Canara HSBC Life Insurance earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Credit Life Manager 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 6 Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Credit Life Manager at Canara HSBC Life Insurance in India typically ranges from ₹33,022 to ₹34,291 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 5 years to 10 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 6 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 Credit Life Manager in India?

SBI Life Insurance Company	₹4.0 Lakhs to ₹13.1 Lakhs per year
ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹8.0 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 Credit Life Manager in companies similar to Canara HSBC Life Insurance in India?

The salary of a Credit Life Manager 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:

PNB MetLife	₹4.0 Lakhs to ₹4.2 Lakhs per year
Star Union Dai-ichi Life Insurance	₹3.0 Lakhs to ₹4.0 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 Credit Life Manager at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
5 years	₹3.0 Lakhs to ₹3.0 Lakhs per year
6 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
7 years	₹3.5 Lakhs to ₹7.1 Lakhs per year
8 years	₹1.9 Lakhs to ₹4.8 Lakhs per year

and so on.

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Canara HSBC Life Insurance Credit Life Manager Salaries

Canara HSBC Life Insurance Credit Life Manager salary in India ranges between ₹3 Lakhs to ₹6.5 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.