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Canara HSBC Life Insurance Sales Manager salaries in India (Updated 2025)

Annual salary range
3 - 12 years exp.
₹3 Lakhs - ₹8.8 Lakhs
Salary of majority employees
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19% less than the average Sales Manager Salary in Insurance Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Manager Salary
3 - 9 years exp. (32 salaries)
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₹3 L/yr - ₹7.8 L/yr

Sales & Business Development
Sales Manager Salary
3 - 12 years exp. (24 salaries)
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₹3 L/yr - ₹8.8 L/yr

Customer Success, Service & Operations
Sales Manager Salary
3 - 8 years exp. (7 salaries)
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₹3 L/yr - ₹6.5 L/yr

Marketing & Communication
Sales Manager Salary
5 - 11 years exp. (6 salaries)
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₹3.2 L/yr - ₹8.4 L/yr

Administration & Facilities
Sales Manager Salary
3 - 7 years exp. (3 salaries)
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₹4.8 L/yr - ₹6.2 L/yr

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Last Updated: 22 Mar 2025

Companies similar to Canara HSBC Life Insurance for Sales Manager

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹10.6 L/yr

arrow icon 20% more
21 job openings
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HDFC Life Sales Manager Salary

0 - 11 years exp. (695 salaries)

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₹1.1 L/yr - ₹7.5 L/yr

arrow icon 16% less
5 job openings
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Reliance General Insurance Sales Manager Salary

0 - 14 years exp. (602 salaries)

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₹1.9 L/yr - ₹8.2 L/yr

arrow icon 9% less
1 job opening
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₹2 L/yr - ₹11.4 L/yr

arrow icon 18% more
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₹2.6 L/yr - ₹5.1 L/yr

arrow icon 29% less
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Tata AIG Sales Manager Salary

2 - 14 years exp. (245 salaries)

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₹2.4 L/yr - ₹11.8 L/yr

arrow icon 15% more
2 job openings
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₹1.5 L/yr - ₹5 L/yr

arrow icon 46% less
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₹2.2 L/yr - ₹10.5 L/yr

arrow icon 9% more
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₹0.6 L/yr - ₹6 L/yr

arrow icon 45% less
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₹1.9 L/yr - ₹7 L/yr

arrow icon 37% less
17 job openings
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Tata AIA Life Insurance Sales Manager Salary

4 - 11 years exp. (189 salaries)

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₹2.4 L/yr - ₹8.9 L/yr

arrow icon 1% more
3 job openings
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PNB MetLife Sales Manager Salary

1 - 9 years exp. (153 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 34% less
104 job openings
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Shriram Life Insurance Sales Manager Salary

0 - 7 years exp. (112 salaries)

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₹1.7 L/yr - ₹7 L/yr

arrow icon 45% less
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SBI Life Insurance Company Sales Manager Salary

0 - 10 years exp. (87 salaries)

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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 39% less
1 job opening
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MetLife Sales Manager Salary

1 - 7 years exp. (22 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 43% less
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SBI General Insurance Sales Manager Salary

1 - 11 years exp. (19 salaries)

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₹2 L/yr - ₹6.2 L/yr

arrow icon 25% less
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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 9% less
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Guardian India Sales Manager Salary

0 - 17 years exp. (4 salaries)

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₹8 L/yr - ₹14 L/yr

arrow icon 76% more
Sales Manager salary at Canara HSBC Life Insurance ranges between ₹3 Lakhs to ₹8.8 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 90 latest salaries received from various employees of Canara HSBC Life Insurance.

Latest annual salaries shared by Canara HSBC Life Insurance Sales Manager

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Experience wise Canara HSBC Life Insurance Sales Manager salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
3 years  (15 salaries)

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₹3 L/yr - ₹7.5 L/yr
4 years  (14 salaries)

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₹3 L/yr - ₹5.5 L/yr
5 years  (18 salaries)

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₹3 L/yr - ₹6.5 L/yr
6 years  (20 salaries)

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₹3.3 L/yr - ₹7.5 L/yr
7 years  (8 salaries)

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₹3 L/yr - ₹7 L/yr
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Similar Designation salaries in Canara HSBC Life Insurance

Area Manager Salary
(7 salaries)
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₹8.5 L/yr - ₹12 L/yr
Branch Manager Salary
(7 salaries)
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₹7 L/yr - ₹12.5 L/yr
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₹7 L/yr - ₹12 L/yr
Sales Officer Salary
(260 salaries)
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₹1.95 L/yr - ₹4 L/yr
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₹17.25 L/yr - ₹25.5 L/yr
Deputy Manager Salary
(114 salaries)
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₹5 L/yr - ₹16 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹3 L/yr - ₹7.5 L/yr
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₹8 L/yr - ₹20 L/yr
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₹12.5 L/yr - ₹18.5 L/yr

Top skills at Canara HSBC Life Insurance for Sales Manager

Life Insurance Sales Support Management Reporting Sales Management Lead Management Sales Customer Experience Process Efficiency Channel Sales Banking

Salary related reviews for Canara HSBC Life Insurance

3.7

Rated by 23 employees for salary & benefits

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

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.

read more
  • Salary - Good
  • +1 more

Dislikes

everything expect the Salary on time.

  • Job security - Bad
  • +4 more

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

read more

Dislikes

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

  • Salary - Bad
  • +6 more

Other Department

5.0
  •  posted on 09 Apr 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

read more
  • Salary - Good
  • +6 more

Dislikes

No dislikes

BFSI, Investments & Trading Department

3.0
  •  posted on 27 Sep 2020

2.0
 for  Salary and Benefits

Likes

... band 8 in covid situation co has started 4 lac medical policy... Its good ..... 7 days working, no increament as u know that our ctc is not good i m totally dependent co, currently co hire employees in high package same profile.. Existing employees sitting on same package.. 5 day co policy when i joined now saturday &Sunday working no addition benefit given. ..... Ok what to do. .

read more

Dislikes

No HR value in choice, no ethics, 7 days working, no increament, late night working

  • Salary - Poor
  • +3 more
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Canara HSBC Life Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Canara HSBC Life Insurance ?
The average salary of a Sales Manager at Canara HSBC Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹8.8 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Sales Manager at Canara HSBC Life Insurance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Sales 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 90+ Canara HSBC Life Insurance employees in India.
What is the estimated take home salary of a Sales Manager at Canara HSBC Life Insurance in India?
The estimated take-home salary of a Sales Manager at Canara HSBC Life Insurance in India typically ranges from ₹43,058 to ₹44,178 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹8.8 Lakhs per year for employees with experience ranging from 3 years to 12 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 90+ salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sales Manager at Canara HSBC Life Insurance ?
To be a Sales Manager at Canara HSBC Life Insurance in india, the key skills required include:

  • - Life Insurance
  • - Sales Support
  • - Management Reporting
  • - Sales Management
  • - Lead Management

These skills are highly valued at Canara HSBC Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Canara HSBC Life Insurance for Sales Manager in India?
Guardian India ₹8.0 Lakhs to ₹14.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.5 Lakhs to ₹10.6 Lakhs per year
ICICI Lombard General Insurance Company ₹2.0 Lakhs to ₹11.4 Lakhs per year
Tata AIG ₹2.4 Lakhs to ₹11.8 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.2 Lakhs to ₹10.5 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 Manager in companies similar to Canara HSBC Life Insurance in India?
The salary of a Sales Manager 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:

Tata AIA Life Insurance ₹2.4 Lakhs to ₹8.9 Lakhs per year
Iffco Tokio General Insurance Co. ₹3.6 Lakhs to ₹6.5 Lakhs per year
Reliance General Insurance ₹1.9 Lakhs to ₹8.2 Lakhs per year
HDFC Life ₹1.1 Lakhs to ₹7.5 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹6.2 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 Manager at Canara HSBC Life Insurance in India?
The salary growth for a Sales Manager at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience Average Salary Range
3 years ₹3.0 Lakhs to ₹7.5 Lakhs per year
4 years ₹3.0 Lakhs to ₹5.5 Lakhs per year
5 years ₹3.0 Lakhs to ₹6.5 Lakhs per year
6 years ₹3.3 Lakhs to ₹7.5 Lakhs per year
and so on.

Tell us how to improve this page.

Canara HSBC Life Insurance Sales Manager salary in India ranges between ₹3 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 90 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.