Canara HSBC Life Insurance Regional Manager Salaries by 4 Employees

9 - 14 years exp.

₹12.5 Lakhs - ₹18.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% more than the average Regional Manager Salary in Insurance Companies for 9 - 14 years of experience

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Last Updated: 14 Aug 2024

Companies similar to Canara HSBC Life Insurance for Regional Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Regional Manager Salary 11 - 23 years exp. (105 salaries)	₹7 L/yr - ₹23 L/yr 3% less
ICICI Prudential Life Insurance Regional Manager Salary 15 - 22 years exp. (90 salaries)	₹12.3 L/yr - ₹35 L/yr 46% more
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Tata AIA Life Insurance Regional Manager Salary 9 - 19 years exp. (78 salaries)	₹5.3 L/yr - ₹16 L/yr 28% less	2 job openings
PNB MetLife Regional Manager Salary 15 - 20 years exp. (55 salaries)	₹14 L/yr - ₹26 L/yr 19% more
Reliance Nippon Life Insurance Regional Manager Salary 16 - 22 years exp. (42 salaries)	₹13 L/yr - ₹27 L/yr 33% more
ICICI Lombard General Insurance Company Regional Manager Salary 4 - 18 years exp. (30 salaries)	₹7.3 L/yr - ₹19.9 L/yr 28% less
HDFC Life Regional Manager Salary 11 - 23 years exp. (18 salaries)	₹11.5 L/yr - ₹35.2 L/yr 26% more
Aditya Birla Sun Life Insurance Regional Manager Salary 10 - 25 years exp. (15 salaries)	₹14.1 L/yr - ₹38 L/yr 49% more
Shriram Life Insurance Regional Manager Salary 12 - 22 years exp. (12 salaries)	₹8 L/yr - ₹22 L/yr 6% less
Tata AIG Regional Manager Salary 5 - 19 years exp. (10 salaries)	₹8 L/yr - ₹13 L/yr 36% less
Star Health & Allied Insurance Regional Manager Salary 15 - 22 years exp. (10 salaries)	₹15.8 L/yr - ₹25.7 L/yr 16% more
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SBI Life Insurance Company Regional Manager Salary 12 - 30 years exp. (8 salaries)	₹30 L/yr - ₹39.1 L/yr 116% more
Reliance General Insurance Regional Manager Salary 8 - 17 years exp. (8 salaries)	₹8.5 L/yr - ₹16.5 L/yr 26% less
Aditya Birla Health Insurance Co Regional Manager Salary 10 - 22 years exp. (6 salaries)	₹18.6 L/yr - ₹45 L/yr 62% more
National Insurance Company Regional Manager Salary 31 years exp. (6 salaries)	₹12 L/yr - ₹25.4 L/yr 23% more
SBI General Insurance Regional Manager Salary 10 - 15 years exp. (5 salaries)	₹14.2 L/yr - ₹25 L/yr 7% more
Allianz Regional Manager Salary 5 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹21.7 L/yr 30% less

Regional Manager salary at Canara HSBC Life Insurance ranges between ₹12.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Regional Manager salaries

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr
10 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr
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11 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.8 L/yr
12 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
13 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
14 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr

View all

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Salary related reviews for Canara HSBC Life Insurance

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.

Relationship Manager in Meerut

Customer Success, Service & Operations Department

3.0

• posted on 07 Mar 2022

4.0

for Salary and Benefits

Likes

If you can handle pressure & You are enough clever to handle the situation & Politics. You Can earn extra incentives here no doubt. It's all about your supervisior. It's your luck to get a good CBM.

Salary - Good

+1 more

Dislikes

everything expect the Salary on time.

Job security - Bad

+4 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

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

see more salary related reviews

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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 Regional Manager Salary FAQs

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

The average salary of a Regional Manager at Canara HSBC Life Insurance in India typically ranges from ₹12.5 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Regional Manager at Canara HSBC Life Insurance earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Regional 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 4 Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Regional Manager at Canara HSBC Life Insurance in India typically ranges from ₹1,11,891 to ₹1,14,997 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 9 years to 14 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 4 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 Regional Manager in India?

SBI Life Insurance Company	₹30.0 Lakhs to ₹39.1 Lakhs per year
Aditya Birla Health Insurance Co	₹18.6 Lakhs to ₹45.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹14.1 Lakhs to ₹38.0 Lakhs per year
ICICI Prudential Life Insurance	₹12.3 Lakhs to ₹35.0 Lakhs per year
Reliance Nippon Life Insurance	₹13.0 Lakhs to ₹27.0 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 Regional Manager in companies similar to Canara HSBC Life Insurance in India?

The salary of a Regional 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:

HDFC Life	₹11.5 Lakhs to ₹35.2 Lakhs per year
National Insurance Company	₹12.0 Lakhs to ₹25.4 Lakhs per year
PNB MetLife	₹14.0 Lakhs to ₹26.0 Lakhs per year
Star Health & Allied Insurance	₹15.8 Lakhs to ₹25.7 Lakhs per year
SBI General Insurance	₹14.2 Lakhs to ₹25.0 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 Regional Manager at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
9 years	₹14.7 Lakhs to ₹18.8 Lakhs per year
10 years	₹14.7 Lakhs to ₹18.8 Lakhs per year
11 years	₹14.8 Lakhs to ₹18.8 Lakhs per year
12 years	₹14.8 Lakhs to ₹18.9 Lakhs per year

and so on.

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Canara HSBC Life Insurance Regional Manager Salaries

Canara HSBC Life Insurance Regional Manager salary in India ranges between ₹12.5 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.