Canara HSBC Life Insurance Insurance Adviser Salaries by 7 Employees

2 - 5 years exp.

₹3.2 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

20% more than the average Insurance Adviser Salary in Insurance Companies for 2 - 5 years of experience

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Salaries in different departments

Sales & Business Development Insurance Adviser Salary 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Consulting Insurance Adviser Salary 2 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 26 Mar 2024

Companies similar to Canara HSBC Life Insurance for Insurance Adviser

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Insurance Adviser Salary 0 - 6 years exp. (174 salaries)	₹1 L/yr - ₹5.5 L/yr 18% less
ICICI Prudential Life Insurance Insurance Adviser Salary 0 - 6 years exp. (88 salaries)	₹1 L/yr - ₹6.5 L/yr 24% less
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HDFC Life Insurance Adviser Salary 1 - 8 years exp. (68 salaries)	₹1 L/yr - ₹5.3 L/yr 10% less
Star Health & Allied Insurance Insurance Adviser Salary 0 - 10 years exp. (64 salaries)	₹0.8 L/yr - ₹7.5 L/yr 14% less
Bajaj Allianz Life Insurance Insurance Adviser Salary 0 - 6 years exp. (40 salaries)	₹1.1 L/yr - ₹5 L/yr 16% less
Aditya Birla Sun Life Insurance Insurance Adviser Salary 0 - 10 years exp. (36 salaries)	₹1 L/yr - ₹5.5 L/yr 13% less
Reliance Nippon Life Insurance Insurance Adviser Salary 1 - 6 years exp. (28 salaries)	₹1 L/yr - ₹3 L/yr 43% less
Tata AIA Life Insurance Insurance Adviser Salary 1 - 8 years exp. (25 salaries)	₹1 L/yr - ₹4 L/yr 22% less
Tata AIG Insurance Adviser Salary 0 - 5 years exp. (25 salaries)	₹0.9 L/yr - ₹5.6 L/yr 22% less
ICICI Lombard General Insurance Company Insurance Adviser Salary 0 - 8 years exp. (24 salaries)	₹1.8 L/yr - ₹4.5 L/yr 23% less
PNB MetLife Insurance Adviser Salary 1 - 7 years exp. (21 salaries)	₹0.6 L/yr - ₹4.2 L/yr 23% less
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National Insurance Company Insurance Adviser Salary 1 - 11 years exp. (17 salaries)	₹1 L/yr - ₹4 L/yr 20% less
Reliance General Insurance Insurance Adviser Salary 1 - 5 years exp. (7 salaries)	₹1.1 L/yr - ₹4 L/yr 36% less
Iffco Tokio General Insurance Co. Insurance Adviser Salary 3 - 9 years exp. (6 salaries)	₹1.5 L/yr - ₹3.5 L/yr 32% less
Aditya Birla Health Insurance Co Insurance Adviser Salary 2 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 17% less
MetLife Insurance Adviser Salary 0 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr 3% more
Shriram Life Insurance Insurance Adviser Salary 2 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹3.2 L/yr 22% less

Insurance Adviser salary at Canara HSBC Life Insurance ranges between ₹3.2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Insurance Adviser salaries

Last Updated: 26 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
3 years (3 salaries)	₹3.2 L/yr - ₹6.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Canara HSBC Life Insurance

3.9

Rated by 2 employees for salary & benefits

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.

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.

Cluster Business Head in Patna

Full Time

Sales & Business Development Department

3.0

• posted on 31 Jul 2024

2.0

for Salary and Benefits

Likes

Promotion criteria is crystal clear

Skill development - Good

Dislikes

Internal promoters working on lowest salary, Partiality with employees, not support to female employees, specifically after maternity leave no any rule for female employees for location and work life balance with baby.

Salary - Poor

+1 more

Operations Analyst in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Poor hiring process of senior HR Jaideep Singh and his team Given the interview, I submitted my documents, but at the time of package discussion, HR never called back for package rectification because their company is not relevant to giving packages to the new joiners, but they want them to work on fewer packages and be available for work every day of the week, 24/7.

Salary - Bad

+6 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 Insurance Adviser Salary FAQs

What is the salary of Insurance Adviser at Canara HSBC Life Insurance ?

The average salary of a Insurance Adviser at Canara HSBC Life Insurance in India typically ranges from ₹3.2 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Insurance Adviser at Canara HSBC Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Insurance Adviser 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 Insurance Adviser at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Insurance Adviser at Canara HSBC Life Insurance in India typically ranges from ₹26,071 to ₹27,493 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 years to 5 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.

Which companies offer higher salaries than Canara HSBC Life Insurance for Insurance Adviser in India?

MetLife

₹3.1 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 Insurance Adviser in companies similar to Canara HSBC Life Insurance in India?

The salary of a Insurance Adviser 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:

HDFC Life	₹1.0 Lakhs to ₹5.3 Lakhs per year
Aditya Birla Sun Life Insurance	₹1.0 Lakhs to ₹5.5 Lakhs per year
Star Health & Allied Insurance	₹0.8 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz Life Insurance	₹1.1 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Health Insurance Co	₹2.0 Lakhs to ₹3.6 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 Insurance Adviser at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.2 Lakhs to ₹6.6 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
5 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Canara HSBC Life Insurance Insurance Adviser Salaries

Canara HSBC Life Insurance Insurance Adviser salary in India ranges between ₹3.2 Lakhs to ₹4.2 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.