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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 1.8k Reviews

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Canara HSBC Life Insurance Sales & Business Development Department Salaries in India

based on 994 latest salaries
Designation Avg Annual Salary Open Jobs

Business Development Executive

2 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.4 L/yr

BDM

7 - 16 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.3 L/yr

Cluster Credit Manager

4 - 5 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.7 L/yr

ESO

3 - 4 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.8 L/yr

General Insurance Executive

4 - 6 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

MIS Executive

5 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.9 L/yr

Regional Business Development Manager

7 - 8 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Area Head

4 - 5 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr

Channel Development Manager

9 - 10 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr

Regional Head

16 - 17 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹15.6 L/yr

Assistant Branch Manager

5 - 6 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

Corporate Accounts Manager

4 - 5 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Scientific Assistant

3 - 5 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Territory Manager Bancassurance

14 - 15 years exp. (AmbitionBox Estimate)
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₹6.7 L/yr - ₹10.5 L/yr

Cluster Training Manager

12 - 17 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹10.2 L/yr

Financial Service Consultant

2 - 3 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Senior Agency Manager

3 - 12 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

Relationship Executive

4 - 5 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.1 L/yr

Executive Sales Manager

6 - 10 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹8.5 L/yr

Regional Manager

9 - 10 years exp. (AmbitionBox Estimate)
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₹18.5 L/yr - ₹21 L/yr

Last Updated: 30 Jan, 2025

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for Canara HSBC Life Insurance

3.7

Rated by 360 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.

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

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

Manager in Gurgaon / Gurugram

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 12 Oct 2023
1.0
 for  Salary and Benefits

Likes

Good office space, location.

Dislikes

...ompetent top management. No employee redressal. Too much groupism and politics. Low compensation. Over burdened with work, no work life balance. Required to work on weekends and holidays.

read more
  • Salary - Bad
    • +5 more

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.

read more
  • Salary - Poor
    • +5 more

Relationship Officer in Bikramganj

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Dec 2020
5.0
 for  Salary and Benefits

Likes

Friendly environment, career growth, In covid -19 where every company Or government cuts salary Or recession in some company.. Canara hsbc life insurance company supports with same benefit .

read more
  • Salary - Excellent
    • +5 more

Dislikes

IT , facing many problems while using ACT, mail is not working, Improvement in underwriting

  • Job security - Bad
see more salary related reviews

Canara HSBC Life Insurance interview questions by designations

Relationship Officer (28)Sales Officer (8)Relationship Manager (6)Senior Relationship Officer (5)
View all 91 interview experiences
More about working at Canara HSBC Life Insurance

Canara HSBC Life Insurance Salary FAQs

How much does Canara HSBC Life Insurance pay per year?
The average Canara HSBC Life Insurance salary ranges from approximately ₹1.2 Lakh to ₹2 Lakhs per year for a Data Entry Operator and ₹25.5 Lakhs to ₹45 Lakhs per year for a Vice President. Salary estimates are based on 994 Canara HSBC Life Insurance salaries received from various employees of Canara HSBC Life Insurance. Canara HSBC Life Insurance employees rate the overall salary and benefits package 3.7/5 stars.
What is the highest salary in Canara HSBC Life Insurance?
The highest-paying job at Canara HSBC Life Insurance is a Vice President with a salary of ₹25.5 Lakhs to ₹45 Lakhs per year. The top 10% of employees earn more than ₹14 lakhs per year. The top 1% earn more than a whopping ₹36.92 lakhs per year.
What is the minimum salary in Canara HSBC Life Insurance?
Minimum salary at Canara HSBC Life Insurance depends on the role you are applying for. For Sales Officer the minimum salary is ₹2.3 Lakhs to ₹4.3 Lakhs per year, and for Relationship Officer the minimum salary is ₹2.2 Lakhs to ₹4.5 Lakhs per year and so on.
What is the salary package for freshers in Canara HSBC Life Insurance?
The average salary at Canara HSBC Life Insurance for freshers varies from ₹1.8 Lakh to ₹2.3 Lakhs per year for Actuarial Intern and ₹3.4 Lakhs to ₹4.6 Lakhs per year for Senior Relationship Officer.
What is the notice period at Canara HSBC Life Insurance in Sales & Business Development Department?
According to AmbitionBox, 62% of the Canara HSBC Life Insurance employees in Sales & Business Development Department reported a notice period of 1 Month, 16% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 1.3k responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Sales & Business Development Salaries by Location

Average annual salary in Sales & Business Development department at Canara HSBC Life Insurance is INRunlock blur . Salary estimates are based on 994 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.

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