Canara HSBC Life Insurance Sales Associate Salaries by 5 Employees (Updated 2025)

2 - 5 years exp.

₹3 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

12% more than the average Sales Associate Salary in Insurance Companies for 2 - 5 years of experience

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Last Updated: 22 Jan 2025

Companies similar to Canara HSBC Life Insurance for Sales Associate

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Sales Associate Salary 0 - 6 years exp. (26 salaries)	₹1.4 L/yr - ₹3.6 L/yr 39% less
ICICI Lombard General Insurance Company Sales Associate Salary 0 - 6 years exp. (20 salaries)	₹1.3 L/yr - ₹3.9 L/yr 30% less
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Aditya Birla Health Insurance Co Sales Associate Salary 0 - 3 years exp. (15 salaries)	₹2.8 L/yr - ₹3.5 L/yr 14% less
ICICI Prudential Life Insurance Sales Associate Salary 1 - 3 years exp. (6 salaries)	₹2.7 L/yr - ₹4.5 L/yr 4% more
Reliance General Insurance Sales Associate Salary 0 - 5 years exp. (6 salaries)	₹1.7 L/yr - ₹4 L/yr 31% less
Aditya Birla Sun Life Insurance Sales Associate Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹3.5 L/yr 5% less
Bajaj Allianz Life Insurance Sales Associate Salary 0 - 3 years exp. (5 salaries)	₹1 L/yr - ₹3.5 L/yr 37% less
Reliance Nippon Life Insurance Sales Associate Salary 0 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 19% less
Tata AIA Life Insurance Sales Associate Salary 2 - 12 years exp. (4 salaries)	₹4.2 L/yr - ₹15.5 L/yr 117% more
Tata AIG Sales Associate Salary 1 - 9 years exp. (4 salaries)	₹2.1 L/yr - ₹4.2 L/yr 13% less
Star Health & Allied Insurance Sales Associate Salary 1 - 14 years exp. (4 salaries)	₹2.3 L/yr - ₹5 L/yr 7% less
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Allianz Services Sales Associate Salary 0 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹3.6 L/yr 6% less
Iffco Tokio General Insurance Co. Sales Associate Salary 2 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 20% less

Sales Associate salary at Canara HSBC Life Insurance ranges between ₹3 Lakhs to ₹4.3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Sales Associate salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.3 L/yr

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Salary related reviews for Canara HSBC Life Insurance

Rated by 1 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.

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 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 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

Relationship Officer in Jalpaiguri

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Mar 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is high. And incentive structure is very Lucrative.

see more salary related reviews

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Canara HSBC Life Insurance Sales Associate Salary FAQs

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

The average salary of a Sales Associate at Canara HSBC Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Sales Associate at Canara HSBC Life Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Sales Associate 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 Sales Associate at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Sales Associate at Canara HSBC Life Insurance in India typically ranges from ₹26,122 to ₹27,544 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 2 years to 5 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 Sales Associate in India?

Tata AIA Life Insurance	₹4.2 Lakhs to ₹15.5 Lakhs per year
ICICI Prudential Life Insurance	₹2.7 Lakhs to ₹4.5 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 Sales Associate in companies similar to Canara HSBC Life Insurance in India?

The salary of a Sales Associate 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:

Aditya Birla Sun Life Insurance	₹3.0 Lakhs to ₹3.5 Lakhs per year
Allianz Services	₹3.3 Lakhs to ₹3.6 Lakhs per year
Star Health & Allied Insurance	₹2.3 Lakhs to ₹5.0 Lakhs per year
Tata AIG	₹2.1 Lakhs to ₹4.2 Lakhs per year
Aditya Birla Health Insurance Co	₹2.8 Lakhs to ₹3.5 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 Sales Associate at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹1.2 Lakhs to ₹3.1 Lakhs per year
3 years	₹3.0 Lakhs to ₹5.8 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.2 Lakhs per year
5 years	₹4.3 Lakhs to ₹4.3 Lakhs per year

and so on.

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Canara HSBC Life Insurance Sales Associate Salaries

Canara HSBC Life Insurance Sales Associate salary in India ranges between ₹3 Lakhs to ₹4.3 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.