Canara HSBC Life Insurance Sales Salaries by 7 Employees (Updated 2024)

1 - 8 years exp.

₹2.8 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Sales Salary in Insurance Companies for 1 - 8 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Canara HSBC Life Insurance for Sales

Company name	Avg Annual Salary	Open Jobs
HDFC Life Sales Salary 0 - 6 years exp. (24 salaries)	₹2 L/yr - ₹4.4 L/yr 1% less
ICICI Prudential Life Insurance Sales Salary 0 - 5 years exp. (24 salaries)	₹2 L/yr - ₹4.7 L/yr 3% less
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SBI Life Insurance Company Sales Salary 1 - 13 years exp. (4 salaries)	₹1.2 L/yr - ₹4 L/yr 3% more
Max Life Insurance Sales Salary 0 - 7 years exp. (13 salaries)	₹1.3 L/yr - ₹4 L/yr 6% less
Bajaj Allianz Life Insurance Sales Salary 0 - 8 years exp. (10 salaries)	₹1.8 L/yr - ₹4.5 L/yr 42% more
Kotak Mahindara Life Insurance Sales Salary 0 - 8 years exp. (10 salaries)	₹1 L/yr - ₹7.6 L/yr 27% more
Aditya Birla Sun Life Insurance Sales Salary 0 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.8 L/yr 1% more
PNB MetLife Sales Salary 2 - 7 years exp. (6 salaries)	₹2.3 L/yr - ₹4 L/yr 4% less
Tata AIA Life Insurance Sales Salary 3 - 9 years exp. (4 salaries)	₹2.7 L/yr - ₹5 L/yr 17% more	1 job opening
Reliance Nippon Life Insurance Sales Salary 0 - 10 years exp. (15 salaries)	₹2 L/yr - ₹4 L/yr 18% less
Star Health & Allied Insurance Sales Salary 0 - 8 years exp. (10 salaries)	₹1.5 L/yr - ₹3 L/yr 21% less
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Reliance General Insurance Sales Salary 4 - 12 years exp. (9 salaries)	₹3.3 L/yr - ₹6 L/yr 49% more
Tata AIG Sales Salary 0 - 4 years exp. (8 salaries)	₹2.4 L/yr - ₹8 L/yr 9% more
SBI General Insurance Sales Salary 2 - 14 years exp. (5 salaries)	₹1.1 L/yr - ₹7.9 L/yr 50% more
Aditya Birla Health Insurance Co Sales Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.9 L/yr 3% more
Star Union Dai-ichi Life Insurance Sales Salary 1 - 10 years exp. (4 salaries)	₹2.8 L/yr - ₹4.8 L/yr 25% more
Shriram Life Insurance Sales Salary 0 - 16 years exp. (3 salaries)	₹1.2 L/yr - ₹4.6 L/yr 5% less

Sales salary at Canara HSBC Life Insurance ranges between ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Sales salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.2 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.3 L/yr
8 years (3 salaries)	₹3 L/yr - ₹3.5 L/yr

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Salary related reviews for Canara HSBC Life Insurance

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

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.

Senior Relationship Officer in Dehradun

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 26 Jul 2023

5.0

for Salary and Benefits

Likes

Salary and incentives are given in time Are suitability rewarded for good work Good working culture Hr policies are good

Dislikes

Personally I didn't not see myself growing Traveling allowances are given when you meet a specific creteria

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.

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.

Dislikes

everything expect the Salary on time.

Sales Officer in Hoshiarpur

Other Department

1.0

• posted on 22 Nov 2018

1.0

for Salary and Benefits

Likes

It was literally a very bad experience no compensation no benefits to the employees superiors are worst no career growth and zero job security. I must say that go there only if u want to hamper ur growth

Dislikes

Superiors don't have any knowledge no support from there end. This is the main reason why i leave

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Canara HSBC Life Insurance Sales Salary FAQs

What is the salary of Sales at Canara HSBC Life Insurance?

Sales salary at Canara HSBC Life Insurance in India ranges between ₹2.8 Lakhs to ₹3.5 Lakhs for experience between 1 years to 8 years. According to our estimates it is 15% less than the average Sales Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Canara HSBC Life Insurance India.

How does the salary of a Sales at Canara HSBC Life Insurance India compare with the average salary range for this job?

The average salary of a Sales at Canara HSBC Life Insurance is 15% less than the average salary of a Sales in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara HSBC Life Insurance to a Sales in India?

SBI General Insurance Sales Salary - ₹1.1 Lakhs to ₹7.9 Lakhs per year
Reliance General Insurance Sales Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance Sales Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindara Life Insurance Sales Salary - ₹1.0 Lakhs to ₹7.6 Lakhs per year
Star Union Dai-ichi Life Insurance Sales Salary - ₹2.8 Lakhs to ₹4.8 Lakhs per year

What is the salary of a Sales in companies similar to Canara HSBC Life Insurance in India?

Tata AIA Life Insurance Sales Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
Tata AIG Sales Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Health Insurance Co Sales Salary - ₹3.0 Lakhs to ₹3.9 Lakhs per year
SBI Life Insurance Company Sales Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance Sales Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Sales at Canara HSBC Life Insurance ranges between ₹22,157 per month to ₹23,638 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Sales salary in India which ranges between ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Sales at Canara HSBC Life Insurance?

According to AmbitionBox, 50% of the Canara HSBC Life Insurance Saless reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Sales Salaries

Canara HSBC Life Insurance Sales salary in India ranges between ₹2.8 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.