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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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Canara HSBC Life Insurance Salaries in Mumbai (Updated 2025)

based on 304 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Credit Life Officer

1 - 3 years exp. · Mumbai (4 salaries)
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₹3 L/yr - ₹3.8 L/yr

1 job opening

Senior Manager Treasury

11 - 13 years exp. · Mumbai (3 salaries)
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₹21.6 L/yr - ₹27.6 L/yr

Assistant Vice President

12 - 20 years exp. · Mumbai (3 salaries)
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₹28 L/yr - ₹40 L/yr

1 job opening

Team Lead

11 - 12 years exp. · Mumbai (3 salaries)
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₹4.8 L/yr - ₹7 L/yr

HR Generalist

3 - 5 years exp. · Mumbai (3 salaries)
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₹3.6 L/yr - ₹4.2 L/yr

Insurance Counselor

8 - 18 years exp. · Mumbai (3 salaries)
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₹16.3 L/yr - ₹16.6 L/yr

Retail Officer

0 - 3 years exp. · Mumbai (3 salaries)
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₹2.2 L/yr - ₹3.2 L/yr

Assistant Manager Treasury

1 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.3 L/yr

Deputy Sales Manager

9 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.9 L/yr

Insurance Adviser

3 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4 L/yr

Senior Quality Analyst

5 - 9 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

Associate Engineer

1 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Sales Team Leader

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.4 L/yr - ₹4.5 L/yr

HR Manager

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.2 L/yr - ₹12.8 L/yr

Regional Sales Manager West

12 - 15 years exp. · Mumbai (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Cluster Branch Manager

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹8 L/yr - ₹9.1 L/yr

Insurance Sales Manager

0 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹3 L/yr - ₹5.3 L/yr

Team Lead Operations

6 - 9 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.5 L/yr - ₹5.8 L/yr

Bancassurance Sales Executive

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.3 L/yr

Equity Fund Manager

14 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹41 L/yr - ₹52.3 L/yr

Last Updated: 6 Apr, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Salary related reviews for Canara HSBC Life Insurance

3.9

Rated by 50 employees for salary & benefits

Sales Officer in Mumbai

BFSI, Investments & Trading Department

2.0
  •  posted on 02 Sep 2019
2.0
 for  Salary and Benefits

Likes

...oor EXPERIANCE If anyone want to change I suggest that don't go Canara HSBC OBC.company cost cutting employee salary.so they making profit company not giving employee salary

read more

Dislikes

Don't go there.highly pressurise job.poor management Management not understand employee problem

  • Salary - Poor
    • +6 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.

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

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.

read more
  • 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.

read 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
see more salary related reviews

Canara HSBC Life Insurance interview questions by designations

Relationship Officer (29)Sales Officer (10)Relationship Manager (6)Senior Relationship Officer (5)
View all 98 interview experiences

Know more about Canara HSBC Life Insurance Mumbai

More about working at Canara HSBC Life Insurance

Canara HSBC Life Insurance Salary FAQs

How much does Canara HSBC Life Insurance pay to its employees?
The average annual salary at Canara HSBC Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Canara HSBC Life Insurance, are as follows:

Credit Life Officer ₹3 Lakhs to ₹3.8 Lakhs per year
Senior Manager Treasury ₹21.6 Lakhs to ₹27.6 Lakhs per year
Assistant Vice President ₹28 Lakhs to ₹40 Lakhs per year
Team Lead ₹4.8 Lakhs to ₹7 Lakhs per year

The highest-paying role, Vice President, earns between ₹25.5 Lakhs to ₹45 Lakhs per year. The top 10% of employees earn more than ₹14 Lakhs per year, and the top 1% earn over ₹36.9 Lakhs per year. 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 salary estimates are based on data from 304 salaries submitted by Canara HSBC Life Insurance employees. Canara HSBC Life Insurance is rated 3.9 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Canara HSBC Life Insurance in Mumbai?
The salary of a fresher at Canara HSBC Life Insurance in Mumbai typically ranges from ₹1.8 Lakh to ₹4.6 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Relationship Officer Salary ₹2.3 Lakhs to ₹3.8 Lakhs per year
Fresher as a Sales Officer Salary ₹2.3 Lakhs to ₹3.5 Lakhs per year
Fresher as a Senior Relationship Officer Salary ₹3.4 Lakhs to ₹4.6 Lakhs per year
Fresher as a Credit Life Officer Salary ₹3 Lakhs to ₹3.8 Lakhs per year

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Average annual salary in Canara HSBC Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 300+ Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.

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