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Canara HSBC Life Insurance Deputy Manager salaries in India (Updated 2025)

Annual salary range
2 - 16 years exp.
₹5 Lakhs - ₹16 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Deputy Manager Salary in Insurance Companies for 2 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
5 - 16 years exp. (32 salaries)
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₹6.4 L/yr - ₹15 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
2 - 15 years exp. (22 salaries)
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₹6 L/yr - ₹11.3 L/yr

Finance & Accounting
Deputy Manager Salary
2 - 12 years exp. (12 salaries)
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₹7.4 L/yr - ₹16 L/yr

Data Science & Analytics
Deputy Manager Salary
5 - 10 years exp. (8 salaries)
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₹6.6 L/yr - ₹9.5 L/yr

Human Resources
Deputy Manager Salary
9 - 15 years exp. (6 salaries)
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₹7.8 L/yr - ₹12.1 L/yr

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Last Updated: 2 Apr 2025

Companies similar to Canara HSBC Life Insurance for Deputy Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Deputy Manager Salary

2 - 15 years exp. (740 salaries)

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₹3.5 L/yr - ₹12.1 L/yr

arrow icon 18% less
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Tata AIG Deputy Manager Salary

2 - 9 years exp. (465 salaries)

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₹2.3 L/yr - ₹9 L/yr

arrow icon 54% less
2 job openings
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₹4.5 L/yr - ₹16.7 L/yr

arrow icon 9% more
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₹4 L/yr - ₹12.6 L/yr

arrow icon 19% less
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₹2.7 L/yr - ₹9.5 L/yr

arrow icon 37% less
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₹2.9 L/yr - ₹10 L/yr

arrow icon 38% less
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SBI General Insurance Deputy Manager Salary

4 - 11 years exp. (157 salaries)

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₹4 L/yr - ₹9.7 L/yr

arrow icon 43% less
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PNB MetLife Deputy Manager Salary

4 - 17 years exp. (127 salaries)

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₹3.9 L/yr - ₹12.6 L/yr

arrow icon 19% less
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Reliance General Insurance Deputy Manager Salary

1 - 10 years exp. (120 salaries)

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₹3 L/yr - ₹7.5 L/yr

arrow icon 52% less
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₹3.7 L/yr - ₹12.4 L/yr

arrow icon 26% less
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₹2.3 L/yr - ₹8 L/yr

arrow icon 50% less
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Shriram Life Insurance Deputy Manager Salary

3 - 15 years exp. (44 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 28% less
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₹2.2 L/yr - ₹9 L/yr

arrow icon 48% less
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Allianz Services Deputy Manager Salary

8 - 17 years exp. (35 salaries)

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₹8 L/yr - ₹16.5 L/yr

arrow icon 13% more
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Tata AIA Life Insurance Deputy Manager Salary

3 - 8 years exp. (15 salaries)

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₹3.2 L/yr - ₹8 L/yr

arrow icon 42% less
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First American Corporation Deputy Manager Salary

11 - 19 years exp. (15 salaries)

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₹9.5 L/yr - ₹16.5 L/yr

arrow icon 24% more
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₹4.7 L/yr - ₹13.3 L/yr

arrow icon 24% less
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XL Catlin Deputy Manager Salary

7 - 13 years exp. (14 salaries)

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₹8.2 L/yr - ₹20 L/yr

arrow icon 49% more
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₹17 L/yr - ₹25 L/yr

arrow icon 100% more
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Allianz Deputy Manager Salary

6 - 12 years exp. (5 salaries)

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₹6.6 L/yr - ₹12.2 L/yr

arrow icon 7% less
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Deputy Manager salary at Canara HSBC Life Insurance ranges between ₹5 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 106 latest salaries received from various employees of Canara HSBC Life Insurance.

Latest annual salaries shared by Canara HSBC Life Insurance Deputy Manager

2d ago
₹6.4 Lakhs
7 years exp.
2w ago
₹14 Lakhs
4 years exp.
2w ago
₹7.5 Lakhs
8 years exp.
3w ago
₹10 Lakhs
12 years exp.
1mo ago
₹7.5 Lakhs
11 years exp.
1mo ago
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8 years exp.
1mo ago
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14 years exp.
2mo ago
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2 years exp.
2mo ago
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7 years exp.
2mo ago
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15 years exp.

Experience wise Canara HSBC Life Insurance Deputy Manager salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr
3 years (AmbitionBox Estimate)

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₹9.4 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.2 L/yr
5 years  (6 salaries)

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₹7.4 L/yr - ₹14.5 L/yr
6 years  (5 salaries)

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₹6.6 L/yr - ₹15 L/yr
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Similar Designation salaries in Canara HSBC Life Insurance

Team Manager Salary
(7 salaries)
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₹3 L/yr - ₹7.5 L/yr
Delivery Manager Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Branch Manager Salary
(7 salaries)
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₹7 L/yr - ₹12.5 L/yr
Area Manager Salary
(7 salaries)
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₹8.5 L/yr - ₹12 L/yr
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₹8.1 L/yr - ₹10 L/yr
Cluster Manager Salary
(38 salaries)
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₹4.7 L/yr - ₹10 L/yr
Service Manager Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
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₹10 L/yr - ₹20 L/yr
Project Manager Salary
(10 salaries)
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₹7 L/yr - ₹16.5 L/yr
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₹3.25 L/yr - ₹12.36 L/yr

Top skills at Canara HSBC Life Insurance for Deputy Manager

Life Insurance Medical Underwriting Sales Risk Management Operations Life Insurance Insurance Underwriting Team Management Mobile Application Development Website Management LI Customer Service Website Promotion Quality Check Cost Reduction

Salary related reviews for Canara HSBC Life Insurance

4.7

Rated by 18 employees for salary & benefits

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.

read more
  • Skill development - Good
  • +2 more

Dislikes

Salary is average as per the company's standards.

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 01 Jun 2023

1.0
 for  Salary and Benefits

Likes

Absolutely nothing

Dislikes

...le culture. Even top management is just busy in politics and finding scapegoats. Pay is peanuts and zero work life balance. The leaders have no respect for employees or their personal time. This is one of the worst organizations one can ever work for.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Good
  • +1 more

Dislikes

everything expect the Salary on time.

  • Job security - Bad
  • +4 more

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. .

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Dislikes

No HR value in choice, no ethics, 7 days working, no increament, late night working

  • Salary - Poor
  • +3 more

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
see more salary related reviews

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Canara HSBC Life Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Canara HSBC Life Insurance ?
The average salary of a Deputy Manager at Canara HSBC Life Insurance in India typically ranges from ₹5.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Deputy Manager at Canara HSBC Life Insurance earn more than ₹12.1 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Deputy 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 100+ Canara HSBC Life Insurance employees in India.
What is the estimated take home salary of a Deputy Manager at Canara HSBC Life Insurance in India?
The estimated take-home salary of a Deputy Manager at Canara HSBC Life Insurance in India typically ranges from ₹70,159 to ₹71,964 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 2 years to 16 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.
What are the key skills required to be a Deputy Manager at Canara HSBC Life Insurance ?
To be a Deputy Manager at Canara HSBC Life Insurance in india, the key skills required include:

  • - Life Insurance
  • - Medical Underwriting
  • - Sales
  • - Risk Management
  • - Operations

These skills are highly valued at Canara HSBC Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Canara HSBC Life Insurance for Deputy Manager in India?
National Insurance Company ₹17.0 Lakhs to ₹25.0 Lakhs per year
XL Catlin ₹8.2 Lakhs to ₹20.0 Lakhs per year
Allstate ₹6.3 Lakhs to ₹17.8 Lakhs per year
First American Corporation ₹9.5 Lakhs to ₹16.5 Lakhs per year
Allianz Services ₹8.0 Lakhs to ₹16.5 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 Deputy Manager in companies similar to Canara HSBC Life Insurance in India?
The salary of a Deputy 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:

Marsh ₹10.0 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz Life Insurance ₹4.5 Lakhs to ₹16.7 Lakhs per year
Allianz ₹6.6 Lakhs to ₹12.2 Lakhs per year
HDFC Life ₹3.5 Lakhs to ₹12.1 Lakhs per year
Aditya Birla Health Insurance Co ₹4.0 Lakhs to ₹12.6 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 Deputy Manager at Canara HSBC Life Insurance in India?
The salary growth for a Deputy Manager at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience Average Salary Range
2 years ₹9.1 Lakhs to ₹11.6 Lakhs per year
3 years ₹9.4 Lakhs to ₹12.0 Lakhs per year
4 years ₹9.5 Lakhs to ₹12.2 Lakhs per year
5 years ₹7.4 Lakhs to ₹14.5 Lakhs per year
and so on.

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Canara HSBC Life Insurance Deputy Manager salary in India ranges between ₹5 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 106 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.