Canara HSBC Life Insurance Indore Executive Relationship Officer Salaries by 7 Employees (Updated 2025)

2 - 9 years exp.

₹4.3 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% more than the average Executive Relationship Officer Salary in Insurance Companies for 2 - 9 years of experience

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Salaries in different departments

Sales & Business Development Executive Relationship Officer Salary 2 - 9 years exp. (5 salaries)	₹4.3 L/yr - ₹5.5 L/yr
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BFSI, Investments & Trading Executive Relationship Officer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.5 L/yr

Last Updated: 28 Jan 2025

Executive Relationship Officer salary at Canara HSBC Life Insurance ranges between ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Executive Relationship Officer salaries in Indore

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
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4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

View all

Salary related reviews for Canara HSBC Life Insurance

3.0

Rated by 1 employees for salary & benefits

Executive Relationship Officer in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

4.0

• posted on 18 Mar 2025

5.0

for Salary and Benefits

Likes

Promotion criteria is best. Salary hike is also a good part of growth.

Salary - Excellent

+4 more

Dislikes

No clarity on holidays to employees of bancassurance. If banks are opened we have to go to bank even if HO has holiday. If bank has holiday and HO doesn't we have to visit there in HO.

Relationship Officer in Coimbatore

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.

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

Job security - Bad

+4 more

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.

Relationship Officer in Coimbatore

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.

Salary - Excellent

+6 more

Dislikes

Branch mapping issue's.

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

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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 Executive Relationship Officer Salary FAQs

What is the salary of Executive Relationship Officer at Canara HSBC Life Insurance in Indore?

The average salary of a Executive Relationship Officer at Canara HSBC Life Insurance in Indore typically ranges from ₹4.3 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Executive Relationship Officer in Indore at Canara HSBC Life Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Executive Relationship 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 7 Canara HSBC Life Insurance employees in India.

What is the estimated take home salary of a Executive Relationship Officer at Canara HSBC Life Insurance in Indore?

The estimated take-home salary of a Executive Relationship Officer at Canara HSBC Life Insurance in Indore typically ranges from ₹39,086 to ₹40,265 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 2 years to 9 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 7 salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

How the salary growth look like for a Executive Relationship Officer at Canara HSBC Life Insurance in Indore?

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

Experience	Average Salary Range
2 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
5 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Canara HSBC Life Insurance Executive Relationship Officer Salaries in Indore

Canara HSBC Life Insurance Executive Relationship Officer salary in Indore ranges between ₹4.3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.