Canara HSBC Life Insurance Bangalore / Bengaluru Relationship Manager Salaries by 5 Employees

1 - 3 years exp.

₹2.7 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% less than the average Relationship Manager Salary in Insurance Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting Relationship Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹4 L/yr
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Sales & Business Development Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr

Last Updated: 10 Aug 2024

Companies similar to Canara HSBC Life Insurance for Relationship Manager in Bangalore / Bengaluru

Canara HSBC Life Insurance Relationship Manager Salary

1 - 3 years exp. (5 salaries)

₹2.7 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (110 salaries)	₹2.1 L/yr - ₹5.6 L/yr 8% more	39 job openings
Tata AIG Relationship Manager Salary 0 - 9 years exp. (107 salaries)	₹2.2 L/yr - ₹7 L/yr 28% more	8 job openings
Login to view exact salary
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 10 years exp. (54 salaries)	₹2.2 L/yr - ₹4.5 L/yr 6% less	24 job openings
HDFC Life Relationship Manager Salary 0 - 7 years exp. (47 salaries)	₹2 L/yr - ₹4 L/yr 4% less	6 job openings
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 4 years exp. (43 salaries)	₹3 L/yr - ₹6.5 L/yr 22% more
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 12 years exp. (20 salaries)	₹3.5 L/yr - ₹7 L/yr 26% more
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 7 years exp. (17 salaries)	₹2.5 L/yr - ₹5 L/yr 8% more
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 5 years exp. (13 salaries)	₹2.5 L/yr - ₹6.5 L/yr 59% more
Reliance Nippon Life Insurance Relationship Manager Salary 1 - 8 years exp. (7 salaries)	₹2.6 L/yr - ₹5 L/yr 3% less
Reliance General Insurance Relationship Manager Salary 8 - 11 years exp. (4 salaries)	₹3.6 L/yr - ₹6 L/yr 23% more
Shriram Life Insurance Relationship Manager Salary 1 - 5 years exp. (3 salaries)	₹3 L/yr - ₹5.5 L/yr 11% more
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Relationship Manager salary at Canara HSBC Life Insurance ranges between ₹2.7 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Relationship Manager salaries in Bangalore / Bengaluru

Last Updated: 10 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

Relationship Officer Salary

(98 salaries)

₹2.25 L/yr - ₹4.3 L/yr

Sales Manager Salary

(8 salaries)

₹3.6 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(3 salaries)

₹9 L/yr - ₹10.5 L/yr

Area Sales Manager Salary

(3 salaries)

₹9 L/yr - ₹10.4 L/yr

Area Manager Salary

(3 salaries)

₹8.5 L/yr - ₹9.8 L/yr

Salary related reviews for Canara HSBC Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

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.

Salary - Excellent

+6 more

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.

Salary - Poor

+5 more

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Canara HSBC Life Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Canara HSBC Life Insurance in Bangalore / Bengaluru?

The average salary of a Relationship Manager at Canara HSBC Life Insurance in Bangalore / Bengaluru typically ranges from ₹2.7 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Relationship Manager in Bangalore / Bengaluru at Canara HSBC Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Relationship 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 5 Canara HSBC Life Insurance employees in India.

What is the estimated take home salary of a Relationship Manager at Canara HSBC Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Relationship Manager at Canara HSBC Life Insurance in Bangalore / Bengaluru typically ranges from ₹27,355 to ₹28,759 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 5 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 Relationship Manager in India?

Aditya Birla Health Insurance Co	₹2.5 Lakhs to ₹6.5 Lakhs per year
Tata AIG	₹2.2 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company	₹3.5 Lakhs to ₹7.0 Lakhs per year
Reliance General Insurance	₹3.6 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹6.5 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 Relationship Manager in companies similar to Canara HSBC Life Insurance in Bangalore / Bengaluru?

The salary of a Relationship Manager at companies similar to Canara HSBC Life Insurance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Life Insurance	₹3.0 Lakhs to ₹5.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.5 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance	₹2.1 Lakhs to ₹5.6 Lakhs per year
Reliance Nippon Life Insurance	₹2.6 Lakhs to ₹5.0 Lakhs per year
HDFC Life	₹2.0 Lakhs to ₹4.0 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 Relationship Manager at Canara HSBC Life Insurance in Bangalore / Bengaluru?

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

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.2 Lakhs per year

and so on.

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Canara HSBC Life Insurance Relationship Manager Salaries in Bangalore / Bengaluru

Canara HSBC Life Insurance Relationship Manager salary in Bangalore / Bengaluru ranges between ₹2.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.

Canara HSBC Life Insurance Relationship Manager salaries in Bangalore / Bengaluru

Companies similar to Canara HSBC Life Insurance for Relationship Manager in Bangalore / Bengaluru

Latest annual salaries shared by Canara HSBC Life Insurance Relationship Manager in Bangalore / Bengaluru

Experience wise Canara HSBC Life Insurance Relationship Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Canara HSBC Life Insurance

Salary related reviews for Canara HSBC Life Insurance

Relationship Manager in Dhanbad

Relationship Manager in Meerut

Relationship Officer in Coimbatore

Relationship Officer in Coimbatore

Sales Officer in Mysuru / Mysore

Canara HSBC Life Insurance Relationship Manager Salary FAQs

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