Canara HSBC Life Insurance Sales Development Manager Salaries by 4 Employees (Updated 2025)

3 - 6 years exp.

₹2.4 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Sales Development Manager Salary in Insurance Companies for 3 - 6 years of experience

Interested in this particular role?

Last Updated: 4 Apr 2024

Companies similar to Canara HSBC Life Insurance for Sales Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Sales Development Manager Salary 0 - 8 years exp. (921 salaries)	₹1.5 L/yr - ₹4.5 L/yr At par	7 job openings
ICICI Prudential Life Insurance Sales Development Manager Salary 1 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 22% more
Login to view exact salary
SBI Life Insurance Company Sales Development Manager Salary 0 - 8 years exp. (15 salaries)	₹2.5 L/yr - ₹4 L/yr 6% less
Max Life Insurance Sales Development Manager Salary 3 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 18% less
Bajaj Allianz Life Insurance Sales Development Manager Salary 3 - 9 years exp. (4 salaries)	₹1.8 L/yr - ₹8.5 L/yr 50% more
Kotak Mahindara Life Insurance Sales Development Manager Salary 0 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹6.5 L/yr 41% more
Tata AIA Life Insurance Sales Development Manager Salary 2 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 12% more
Reliance Nippon Life Insurance Sales Development Manager Salary 0 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹3 L/yr 11% less
Shriram Life Insurance Sales Development Manager Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.4 L/yr 35% less
Reliance General Insurance Sales Development Manager Salary 3 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 26% less
ICICI Lombard General Insurance Company Sales Development Manager Salary 2 - 14 years exp. (3 salaries)	₹3.3 L/yr - ₹6 L/yr 37% more
Login to view exact salary

Sales Development Manager salary at Canara HSBC Life Insurance ranges between ₹2.4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Sales Development Manager salaries

Last Updated: 4 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Canara HSBC Life Insurance

Senior Relationship Officer Salary

(333 salaries)

₹2.9 L/yr - ₹5.5 L/yr

Cluster Business Manager Salary

(224 salaries)

₹4.75 L/yr - ₹13 L/yr

Relationship Manager Salary

(205 salaries)

₹2.5 L/yr - ₹6.01 L/yr

Cluster Business Head Salary

(191 salaries)

₹5 L/yr - ₹12 L/yr

Senior Relationship Manager Salary

(98 salaries)

₹2.95 L/yr - ₹5.5 L/yr

Executive Relationship Manager Salary

(46 salaries)

₹3.95 L/yr - ₹6.3 L/yr

Cluster Manager Salary

(37 salaries)

₹4.7 L/yr - ₹10.5 L/yr

Cluster Branch Manager Salary

(24 salaries)

₹5.5 L/yr - ₹12.11 L/yr

Cluster Head Salary

(18 salaries)

₹6 L/yr - ₹12 L/yr

Credit Officer Salary

(17 salaries)

₹2.25 L/yr - ₹3.81 L/yr

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

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

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

Salary - Excellent

+4 more

Dislikes

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

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

Branch Head in Bhopal

BFSI, Investments & Trading Department

5.0

• posted on 28 Jun 2022

5.0

for Salary and Benefits

Likes

...tes are supportive and the management is transparent. There is a huge cafeteria. Company policies are good , appraisals are fair and they give good salary hike nad bonus tour's every year. We get learn and knew new things and enjoy doing work because of such a nice atmosphere and culture.

Salary - Excellent

+6 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

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!

Got a question about Canara HSBC Life Insurance?

Ask anonymously on communities.

Canara HSBC Life Insurance Sales Development Manager Salary FAQs

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

Sales Development Manager salary at Canara HSBC Life Insurance in India ranges between ₹2.4 Lakhs to ₹4.8 Lakhs for experience between 3 years to 6 years. According to our estimates it is 30% less than the average Sales Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a Sales Development Manager at Canara HSBC Life Insurance is 30% less than the average salary of a Sales Development Manager in India. To know exact salary insights, login to view.

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

Bajaj Allianz Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindara Life Insurance Sales Development Manager Salary - ₹3.6 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company Sales Development Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹5.2 Lakhs per year
Tata AIA Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year

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

HDFC Life Sales Development Manager Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance Sales Development Manager Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
Max Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
Reliance General Insurance Sales Development Manager Salary - ₹2.2 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Sales Development Manager at Canara HSBC Life Insurance ranges between ₹23,225 per month to ₹24,690 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Sales Development Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Canara HSBC Life Insurance Sales Development Manager s reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Canara HSBC Life Insurance Sales Development Manager Salaries by Location

Home >
Salaries >
Canara HSBC Life Insurance Salaries >
Canara HSBC Life Insurance Sales Development Manager Salaries

Canara HSBC Life Insurance Sales Development Manager salary in India ranges between ₹2.4 Lakhs to ₹4.8 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.