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Canara HSBC Life Insurance Credit Life Officer salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹2.5 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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7% more than the average Credit Life Officer Salary in Insurance Companies for 0 - 7 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Credit Life Officer Salary
0 - 7 years exp. (34 salaries)
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₹2.8 L/yr - ₹3.8 L/yr

BFSI, Investments & Trading
Credit Life Officer Salary
0 - 6 years exp. (31 salaries)
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₹2.5 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Credit Life Officer Salary
1 - 6 years exp. (16 salaries)
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₹2.7 L/yr - ₹3.8 L/yr

Finance & Accounting
Credit Life Officer Salary
0 - 7 years exp. (10 salaries)
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₹2.5 L/yr - ₹3.6 L/yr

Marketing & Communication
Credit Life Officer Salary
1 - 4 years exp. (5 salaries)
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₹2.7 L/yr - ₹3.6 L/yr

Last Updated: 17 Mar 2025

Companies similar to Canara HSBC Life Insurance for Credit Life Officer

Company name Avg Annual Salary Open Jobs
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Canara Bank Credit Life Officer Salary

4 - 9 years exp. (4 salaries)

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₹3 L/yr - ₹3.3 L/yr

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₹2.8 L/yr - ₹3 L/yr

arrow icon 8% less
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₹3.2 L/yr - ₹4 L/yr

arrow icon 9% more
Credit Life Officer salary at Canara HSBC Life Insurance ranges between ₹2.5 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 129 latest salaries received from various employees of Canara HSBC Life Insurance.

Latest annual salaries shared by Canara HSBC Life Insurance Credit Life Officer

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Experience wise Canara HSBC Life Insurance Credit Life Officer salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹3 L/yr - ₹3.8 L/yr
1 year  (19 salaries)

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₹2.7 L/yr - ₹3.8 L/yr
2 years  (25 salaries)

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₹2.5 L/yr - ₹3.8 L/yr
3 years  (27 salaries)

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₹2.7 L/yr - ₹3.6 L/yr
4 years  (29 salaries)

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₹2.5 L/yr - ₹3.6 L/yr
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Similar Designation salaries in Canara HSBC Life Insurance

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₹2.8 L/yr - ₹4.35 L/yr
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₹2.16 L/yr - ₹4.5 L/yr
Sales Officer Salary
(260 salaries)
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₹1.95 L/yr - ₹4 L/yr
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₹7 L/yr - ₹12 L/yr
Area Manager Salary
(7 salaries)
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₹8.5 L/yr - ₹12 L/yr
Deputy Manager Salary
(114 salaries)
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₹5 L/yr - ₹16 L/yr
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₹4.5 L/yr - ₹8.05 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Sales Executive Salary
(25 salaries)
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₹2.05 L/yr - ₹3.8 L/yr
MIS Executive Salary
(41 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.7

Rated by 36 employees for salary & benefits

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.

read more
  • 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

read more
  • Job security - Bad
  • +4 more

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.

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  • Skill development - Good
  • +2 more

Dislikes

Salary is average as per the company's standards.

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.

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  • Salary - Excellent
  • +6 more

Dislikes

Branch mapping issue's.

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.

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  • Salary - Poor
  • +5 more

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.

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  • 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.

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see more salary related reviews

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Canara HSBC Life Insurance Credit Life Officer Salary FAQs

What is the salary of Credit Life Officer at Canara HSBC Life Insurance ?
The average salary of a Credit Life Officer at Canara HSBC Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹3.8 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Credit Life Officer at Canara HSBC Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Credit Life Officer 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 100+ Canara HSBC Life Insurance employees in India.
What is the estimated take home salary of a Credit Life Officer at Canara HSBC Life Insurance in India?
The estimated take-home salary of a Credit Life Officer at Canara HSBC Life Insurance in India typically ranges from ₹23,166 to ₹24,632 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from Fresher to 7 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 100+ 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 Officer in India?
Aditya Birla Capital ₹3.2 Lakhs to ₹4.0 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 Officer in companies similar to Canara HSBC Life Insurance in India?
The salary of a Credit Life Officer 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:

Canara Bank ₹3.0 Lakhs to ₹3.3 Lakhs per year
Star Union Dai-ichi Life Insurance ₹2.8 Lakhs to ₹3.0 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 Officer at Canara HSBC Life Insurance in India?
The salary growth for a Credit Life Officer at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Credit Life Officer can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹3.8 Lakhs per year
1 year ₹2.7 Lakhs to ₹3.8 Lakhs per year
2 years ₹2.5 Lakhs to ₹3.8 Lakhs per year
3 years ₹2.7 Lakhs to ₹3.6 Lakhs per year
and so on.

Tell us how to improve this page.

Canara HSBC Life Insurance Credit Life Officer salary in India ranges between ₹2.5 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 129 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.