Canara HSBC Life Insurance Insurance Sales Officer Salaries by 8 Employees (Updated 2024)

0 - 8 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

At par with the average Insurance Sales Officer Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Sales Officer Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.2 L/yr
Human Resources Insurance Sales Officer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.9 L/yr
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Administration & Facilities Insurance Sales Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr

Last Updated: 13 Jul 2024

Companies similar to Canara HSBC Life Insurance for Insurance Sales Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Insurance Sales Officer Salary 0 - 5 years exp. (32 salaries)	₹1.8 L/yr - ₹4.9 L/yr 11% more
ICICI Prudential Life Insurance Insurance Sales Officer Salary 1 - 6 years exp. (9 salaries)	₹3 L/yr - ₹4.4 L/yr 12% more
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SBI Life Insurance Company Insurance Sales Officer Salary 4 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹4.5 L/yr 5% less
Max Life Insurance Insurance Sales Officer Salary 0 - 6 years exp. (15 salaries)	₹2.6 L/yr - ₹4.5 L/yr 17% more
Bajaj Allianz Life Insurance Insurance Sales Officer Salary 0 - 6 years exp. (6 salaries)	₹1.5 L/yr - ₹4.5 L/yr 9% less
Kotak Mahindara Life Insurance Insurance Sales Officer Salary 1 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹4.7 L/yr 31% more
PNB MetLife Insurance Sales Officer Salary 1 - 6 years exp. (8 salaries)	₹2.4 L/yr - ₹5 L/yr 29% more
Tata AIA Life Insurance Insurance Sales Officer Salary 2 - 5 years exp. (9 salaries)	₹2.3 L/yr - ₹5 L/yr 30% more
Reliance Nippon Life Insurance Insurance Sales Officer Salary 0 - 4 years exp. (15 salaries)	₹0.9 L/yr - ₹3 L/yr 32% less
Star Union Dai-ichi Life Insurance Insurance Sales Officer Salary 0 - 3 years exp. (46 salaries)	₹1.8 L/yr - ₹3.5 L/yr 11% less
Shriram Life Insurance Insurance Sales Officer Salary 0 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹3.7 L/yr 3% more
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SBI General Insurance Insurance Sales Officer Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹3.5 L/yr 16% less
Star Health & Allied Insurance Insurance Sales Officer Salary 2 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹4.5 L/yr 12% less
Aditya Birla Health Insurance Co Insurance Sales Officer Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 15% more

Insurance Sales Officer salary at Canara HSBC Life Insurance ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Insurance Sales Officer salaries

Last Updated: 13 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.4 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.4 L/yr
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2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (3 salaries)	₹3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.6 L/yr

View all

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Salary related reviews for Canara HSBC Life Insurance

4.4

Rated by 8 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.

Dislikes

Only salary is good. Everything is worst. Don’t work with Canara HSBC and don’t loose your time. Products also worst

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.

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.

Relationship Officer in Jalpaiguri

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.

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.

Relationship Officer in Bikramganj

Full Time

Sales & Business Development Department

5.0

• posted on 04 Dec 2020

5.0

for Salary and Benefits

Likes

Friendly environment, career growth, In covid -19 where every company Or government cuts salary Or recession in some company.. Canara hsbc life insurance company supports with same benefit .

Dislikes

IT , facing many problems while using ACT, mail is not working, Improvement in underwriting

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Canara HSBC Life Insurance Insurance Sales Officer Salary FAQs

What is the salary of Insurance Sales Officer at Canara HSBC Life Insurance?

Insurance Sales Officer salary at Canara HSBC Life Insurance in India ranges between ₹2.5 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 2% more than the average Insurance Sales Officer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Canara HSBC Life Insurance India.

How does the salary of a Insurance Sales Officer at Canara HSBC Life Insurance India compare with the average salary range for this job?

The average salary of a Insurance Sales Officer at Canara HSBC Life Insurance is 2% more than the average salary of a Insurance Sales Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara HSBC Life Insurance to a Insurance Sales Officer in India?

Kotak Mahindara Life Insurance Insurance Sales Officer Salary - ₹3.2 Lakhs to ₹4.7 Lakhs per year
Tata AIA Life Insurance Insurance Sales Officer Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
PNB MetLife Insurance Sales Officer Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Max Life Insurance Insurance Sales Officer Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Health Insurance Co Insurance Sales Officer Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Insurance Sales Officer in companies similar to Canara HSBC Life Insurance in India?

ICICI Prudential Life Insurance Insurance Sales Officer Salary - ₹3.0 Lakhs to ₹4.4 Lakhs per year
HDFC Life Insurance Sales Officer Salary - ₹1.8 Lakhs to ₹4.9 Lakhs per year
Shriram Life Insurance Insurance Sales Officer Salary - ₹1.5 Lakhs to ₹3.7 Lakhs per year
SBI Life Insurance Company Insurance Sales Officer Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance Insurance Sales Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Insurance Sales Officer at Canara HSBC Life Insurance ranges between ₹22,027 per month to ₹23,510 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Insurance Sales Officer salary in India which ranges between ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Insurance Sales Officer at Canara HSBC Life Insurance?

According to AmbitionBox, 91% of the Canara HSBC Life Insurance Insurance Sales Officers reported a notice period of 1 Month, 9% reported a notice period of 15 days or less.This is based on 11 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Insurance Sales Officer Salaries

Canara HSBC Life Insurance Insurance Sales Officer salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.