Canara HSBC Life Insurance IT Manager Salaries by 10+ Employees (Updated 2025)

6 - 17 years exp.

₹6.8 Lakhs - ₹19 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average IT Manager Salary in Insurance Companies for 6 - 17 years of experience

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Salaries in different departments

Engineering - Software & QA IT Manager Salary 7 - 12 years exp. (5 salaries)	₹6.8 L/yr - ₹18 L/yr
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Engineering - Hardware & Networks IT Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹15 L/yr

Last Updated: 30 Jan 2025

Companies similar to Canara HSBC Life Insurance for IT Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIG IT Manager Salary 1 - 10 years exp. (25 salaries)	₹4.9 L/yr - ₹14 L/yr 41% less
ICICI Prudential Life Insurance IT Manager Salary 0 - 14 years exp. (16 salaries)	₹4.7 L/yr - ₹14 L/yr 35% less
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Aditya Birla Sun Life Insurance IT Manager Salary 0 - 8 years exp. (8 salaries)	₹8.9 L/yr - ₹14.7 L/yr 13% less
PNB MetLife IT Manager Salary 8 - 18 years exp. (7 salaries)	₹16.5 L/yr - ₹18.3 L/yr 20% more
SBI Life Insurance Company IT Manager Salary 8 - 21 years exp. (7 salaries)	₹11.9 L/yr - ₹20 L/yr 13% more
Tata AIA Life Insurance IT Manager Salary 7 - 16 years exp. (6 salaries)	₹16.5 L/yr - ₹24.8 L/yr 38% more
ICICI Lombard General Insurance Company IT Manager Salary 8 - 11 years exp. (6 salaries)	₹10.1 L/yr - ₹18.3 L/yr 1% more
Star Health & Allied Insurance IT Manager Salary 3 - 10 years exp. (6 salaries)	₹15 L/yr - ₹16.5 L/yr 6% more
Guardian India IT Manager Salary 14 - 17 years exp. (5 salaries)	₹18 L/yr - ₹39 L/yr 72% more
Bajaj Allianz Life Insurance IT Manager Salary 6 - 17 years exp. (5 salaries)	₹17.7 L/yr - ₹18.4 L/yr 24% more
HDFC Life IT Manager Salary 7 - 13 years exp. (5 salaries)	₹12.5 L/yr - ₹15 L/yr 2% less
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Allianz IT Manager Salary 10 - 15 years exp. (4 salaries)	₹5.9 L/yr - ₹20 L/yr At par
Reliance General Insurance IT Manager Salary 9 - 16 years exp. (4 salaries)	₹9 L/yr - ₹14.7 L/yr 11% less
Reliance Nippon Life Insurance IT Manager Salary 8 - 10 years exp. (3 salaries)	₹9.9 L/yr - ₹12.7 L/yr 24% less
First American Corporation IT Manager Salary 17 - 18 years exp. (3 salaries)	₹28 L/yr - ₹30 L/yr 98% more
Aditya Birla Health Insurance Co IT Manager Salary 7 - 14 years exp. (3 salaries)	₹15 L/yr - ₹18.3 L/yr 12% more

IT Manager salary at Canara HSBC Life Insurance ranges between ₹6.8 Lakhs to ₹19 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 11 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance IT Manager salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹23.6 L/yr
7 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹18 L/yr
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8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹18 L/yr
9 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
10 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹26 L/yr
12 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹26.5 L/yr
13 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.3 L/yr
14 years (AmbitionBox Estimate)	₹14 L/yr - ₹27.5 L/yr
15+ years (4 salaries)	₹12 L/yr - ₹19 L/yr

View all

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₹21.6 L/yr - ₹27.6 L/yr

Senior Engineer Salary

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Devops Engineer Salary

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₹14.2 L/yr - ₹18.2 L/yr

Senior Analyst Salary

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₹8.9 L/yr - ₹11.4 L/yr

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₹3 L/yr - ₹12 L/yr

Salary related reviews for Canara HSBC Life Insurance

2.0

Rated by 1 employees for salary & benefits

Senior Associate in Belgaum

Full Time

Finance & Accounting Department

4.0

• posted on 25 Jul 2023

4.0

for Salary and Benefits

Likes

Flexible time, salary on time good bank support to generate business

Salary - Good

+3 more

Dislikes

Sales Training is not upto the mark ..service problems are big challenges.. there is no such correct path get resolving any it or service issues

Operations Manager in Gurgaon / Gurugram

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.

Salary - Bad

+6 more

Senior Associate in West Delhi

Full Time

Marketing & Communication Department

1.0

• posted on 06 Oct 2024

1.0

for Salary and Benefits

Likes

The way HR fools you by not disclosing their so important company policy. Giving you high salary packages, as a trap.

Dislikes

..., ICICI prudential, but nothing .. seriously nothing is worst like this company. Their reporting managers don't know anything about the process but they only know how to cut your salary... Everyone is here to blaming you only that all your fault. Before joining here I was a good performer in my job i know how to work , in my previous companies I have lots of achievements, but after joining here I loose my self confidence, I loose my mental health, I loose my peace of mind. And all this I got within 4 months of joining. I have resigned here and not expecting to join this company again ever in my life, worst worst worst experience. I will never let go here anyone from my friends and my reference. Suggestion for everyone. I don't have option to give less star than 1 . Every feedback here which show more than 3 star is could be fake or from the higher management or HR or the any lucky person here who got business easily. Worst product they have. They do so much miss sale in branch. Numbers of complaints have registered against their of miss selling. If you are able to do miss sale or Miss guide to the customer, only than you can stay here last long otherwise I bet you.... You won't stay here for long.

Salary - Bad

+6 more

Team Lead in Gurgaon / Gurugram

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. .

Dislikes

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

Salary - Poor

+3 more

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Canara HSBC Life Insurance IT Manager Salary FAQs

What is the salary of IT Manager at Canara HSBC Life Insurance ?

The average salary of a IT Manager at Canara HSBC Life Insurance in India typically ranges from ₹6.8 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of IT Manager at Canara HSBC Life Insurance earn more than ₹18.4 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. IT 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 10+ Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a IT Manager at Canara HSBC Life Insurance in India typically ranges from ₹1,00,415 to ₹1,03,150 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 6 years to 17 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 10+ 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 IT Manager in India?

First American Corporation	₹28.0 Lakhs to ₹30.0 Lakhs per year
Guardian India	₹18.0 Lakhs to ₹39.0 Lakhs per year
Tata AIA Life Insurance	₹16.5 Lakhs to ₹24.8 Lakhs per year
Bajaj Allianz Life Insurance	₹17.7 Lakhs to ₹18.4 Lakhs per year
PNB MetLife	₹16.5 Lakhs to ₹18.3 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 IT Manager in companies similar to Canara HSBC Life Insurance in India?

The salary of a IT 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:

SBI Life Insurance Company	₹11.9 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Health Insurance Co	₹15.0 Lakhs to ₹18.3 Lakhs per year
Star Health & Allied Insurance	₹15.0 Lakhs to ₹16.5 Lakhs per year
ICICI Lombard General Insurance Company	₹10.1 Lakhs to ₹18.3 Lakhs per year
Allianz	₹5.9 Lakhs to ₹20.0 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 IT Manager at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
6 years	₹10.3 Lakhs to ₹23.6 Lakhs per year
7 years	₹6.8 Lakhs to ₹18.0 Lakhs per year
8 years	₹5.5 Lakhs to ₹18.0 Lakhs per year
9 years	₹12.5 Lakhs to ₹16.0 Lakhs per year

and so on.

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Canara HSBC Life Insurance IT Manager Salaries

Canara HSBC Life Insurance IT Manager salary in India ranges between ₹6.8 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.