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This company page is being actively managed by Canara HSBC Life Insurance Team. If you also belong to the team, you can get access from here

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3.7

based on 1.9k Reviews

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Mumbai
Sales & Business Development

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Canara HSBC Life Insurance Sales & Business Development Department Salaries in Mumbai

based on 58 latest salaries
Designation Avg Annual Salary Open Jobs

Sales Officer

1 - 5 years exp. · Mumbai (9 salaries)
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₹2.7 L/yr - ₹4.3 L/yr

Senior Sales Officer

1 - 8 years exp. · Mumbai (7 salaries)
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₹3.5 L/yr - ₹4.2 L/yr

Cluster Business Head

8 - 16 years exp. · Mumbai (5 salaries)
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₹6.5 L/yr - ₹11.2 L/yr

Cluster Business Manager

8 - 15 years exp. · Mumbai (4 salaries)
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₹7 L/yr - ₹12.5 L/yr

Starting your career? Discover Canara HSBC Life Insurance fresher salaries in India

Sales Manager

3 - 6 years exp. · Mumbai (3 salaries)
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₹3 L/yr - ₹6.6 L/yr

Executive Relationship Manager

3 - 6 years exp. · Mumbai (3 salaries)
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₹4 L/yr - ₹6 L/yr

Relationship Officer

0 - 8 years exp. · Mumbai (3 salaries)
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₹3.2 L/yr - ₹3.5 L/yr

Senior Relationship Manager

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.7 L/yr - ₹5 L/yr

Relationship Manager

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹3 L/yr - ₹5.6 L/yr

Senior Relationship Officer

3 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.1 L/yr - ₹4.6 L/yr

Area Sales Manager

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.5 L/yr - ₹9.1 L/yr

BDM

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Territory Manager

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹6 L/yr - ₹7.1 L/yr

Team Lead

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.5 L/yr

Executive Manager

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.1 L/yr

Cluster Manager

6 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.1 L/yr - ₹9.2 L/yr

Cluster Training Manager

17 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr

Senior Agency Manager

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Executive Credit Officer

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr

Insurance Counselor

18 years exp. · Mumbai (AmbitionBox Estimate)
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₹15.8 L/yr - ₹16.3 L/yr

Last Updated: 19 Feb, 2025

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Salary related reviews for Canara HSBC Life Insurance

3.6

Rated by 10 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.

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

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.

read more
  • Salary - Poor
    • +1 more

Manager in Gurgaon / Gurugram

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 12 Oct 2023
1.0
 for  Salary and Benefits

Likes

Good office space, location.

Dislikes

...ompetent top management. No employee redressal. Too much groupism and politics. Low compensation. Over burdened with work, no work life balance. Required to work on weekends and holidays.

read more
  • Salary - Bad
    • +5 more

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.

read more
  • Salary - Poor
    • +5 more

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 .

read more
  • Salary - Excellent
    • +5 more

Dislikes

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

  • Job security - Bad
see more salary related reviews

Canara HSBC Life Insurance interview questions by designations

Relationship Officer (28)Sales Officer (9)Relationship Manager (6)Senior Relationship Officer (5)
View all 93 interview experiences

Know more about Canara HSBC Life Insurance Mumbai

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Canara HSBC Life Insurance Salary FAQs

How much does Canara HSBC Life Insurance pay per year?
The average Canara HSBC Life Insurance salary ranges from approximately ₹1.2 Lakh to ₹2 Lakhs per year for a Data Entry Operator and ₹25.5 Lakhs to ₹45 Lakhs per year for a Vice President. Salary estimates are based on 58 Canara HSBC Life Insurance salaries received from various employees of Canara HSBC Life Insurance. Canara HSBC Life Insurance employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in Canara HSBC Life Insurance?
The highest-paying job at Canara HSBC Life Insurance is a Vice President with a salary of ₹25.5 Lakhs to ₹45 Lakhs per year. The top 10% of employees earn more than ₹14.02 lakhs per year. The top 1% earn more than a whopping ₹36.77 lakhs per year.
What is the minimum salary in Canara HSBC Life Insurance?
Minimum salary at Canara HSBC Life Insurance depends on the role you are applying for. For Sales Officer the minimum salary is ₹2 Lakhs to ₹4.3 Lakhs per year, and for Relationship Officer the minimum salary is ₹2.2 Lakhs to ₹4.5 Lakhs per year and so on.
What is the salary package for freshers in Canara HSBC Life Insurance?
The average salary at Canara HSBC Life Insurance for freshers varies from ₹1.8 Lakh to ₹2.3 Lakhs per year for Actuarial Intern and ₹3.4 Lakhs to ₹4.6 Lakhs per year for Senior Relationship Officer.
What is the notice period at Canara HSBC Life Insurance in Sales & Business Development Department in Mumbai?
According to AmbitionBox, 42% of the Canara HSBC Life Insurance employees in Sales & Business Development Department in Mumbai reported a notice period of 1 Month, 39% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 43 responses on AmbitionBox in last 2 years.

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Average annual salary in Sales & Business Development department at Canara HSBC Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 58 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.

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