Canara HSBC Life Insurance Mumbai Sales Manager Salaries by 9 Employees (Updated 2025)

3 - 9 years exp.

₹3 Lakhs - ₹7.5 Lakhs

Salary of majority employees

20% less than the average Sales Manager Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 3 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹7.5 L/yr
Sales & Business Development Sales Manager Salary 3 - 6 years exp. (3 salaries)	₹3 L/yr - ₹6.6 L/yr
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Customer Success, Service & Operations Sales Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.2 L/yr

Last Updated: 16 Jan 2025

Companies similar to Canara HSBC Life Insurance for Sales Manager in Mumbai

Canara HSBC Life Insurance Sales Manager Salary

3 - 9 years exp. (9 salaries)

₹3 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Sales Manager Salary 0 - 11 years exp. (93 salaries)	₹2.2 L/yr - ₹7.5 L/yr 13% less	3 job openings
ICICI Prudential Life Insurance Sales Manager Salary 1 - 9 years exp. (113 salaries)	₹3 L/yr - ₹10 L/yr 25% more	14 job openings
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SBI Life Insurance Company Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹5.6 L/yr 29% less
Axis Max Life Insurance Sales Manager Salary 0 - 10 years exp. (74 salaries)	₹2.3 L/yr - ₹6 L/yr 18% less	5 job openings
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (18 salaries)	₹2.4 L/yr - ₹5 L/yr 39% less	11 job openings
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (74 salaries)	₹2.6 L/yr - ₹5.8 L/yr 20% less	5 job openings
Tata AIA Life Insurance Sales Manager Salary 3 - 10 years exp. (21 salaries)	₹3.5 L/yr - ₹7.9 L/yr 3% more	11 job openings
Reliance Nippon Life Insurance Sales Manager Salary 0 - 10 years exp. (21 salaries)	₹1.5 L/yr - ₹6 L/yr 42% less
Bharti AXA Life Insurance Sales Manager Salary 2 - 9 years exp. (12 salaries)	₹2.3 L/yr - ₹7 L/yr 19% less	1 job opening
PNB MetLife Sales Manager Salary 1 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 35% less	104 job openings
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 14 years exp. (97 salaries)	₹3.5 L/yr - ₹11.6 L/yr 23% more	1 job opening
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Reliance General Insurance Sales Manager Salary 0 - 14 years exp. (97 salaries)	₹2.5 L/yr - ₹7.8 L/yr 4% less
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 7 years exp. (67 salaries)	₹2.7 L/yr - ₹5.1 L/yr 26% less
Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 10 years exp. (42 salaries)	₹2.5 L/yr - ₹9.5 L/yr 15% more
Tata AIG Sales Manager Salary 2 - 13 years exp. (30 salaries)	₹3.2 L/yr - ₹9.4 L/yr 18% more	2 job openings

Sales Manager salary at Canara HSBC Life Insurance ranges between ₹3 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 9 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Sales Manager salaries in Mumbai

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹3 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.8 L/yr
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5 years (3 salaries)	₹3 L/yr - ₹9.1 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Canara HSBC Life Insurance

Sales Officer Salary

(24 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(6 salaries)

₹6.4 L/yr - ₹9.43 L/yr

Area Sales Manager Salary

(4 salaries)

₹8.5 L/yr - ₹12 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

1.9

Rated by 2 employees for salary & benefits

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 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

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

Salary - Bad

+6 more

Sales Officer in Bangalore Rural

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

Salary - Good

+6 more

Dislikes

No dislikes

Team Lead in Gurgaon / Gurugram

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. .

Dislikes

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

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Canara HSBC Life Insurance Sales Manager Salary FAQs

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

Sales Manager salary at Canara HSBC Life Insurance in Mumbai ranges between ₹3.0 Lakhs to ₹7.5 Lakhs for experience between 3 years to 9 years. According to our estimates it is 20% less than the average Sales Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Canara HSBC Life Insurance Mumbai.

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

The average salary of a Sales Manager at Canara HSBC Life Insurance is 20% less than the average salary of a Sales Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Sales Manager at Canara HSBC Life Insurance?

Life Insurance, Sales Support, Management Reporting, Sales Management and Lead Management are some of the popular skills required to work as a Sales Manager at Canara HSBC Life Insurance Mumbai.

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

ICICI Prudential Life Insurance Sales Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company Sales Manager Salary - ₹3.5 Lakhs to ₹11.6 Lakhs per year
Tata AIG Sales Manager Salary - ₹3.2 Lakhs to ₹9.4 Lakhs per year
Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹9.5 Lakhs per year
Tata AIA Life Insurance Sales Manager Salary - ₹3.5 Lakhs to ₹7.9 Lakhs per year

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

Reliance General Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹7.8 Lakhs per year
HDFC Life Sales Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
Axis Max Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹6.0 Lakhs per year
Bharti AXA Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹7.0 Lakhs per year
Kotak Mahindara Life Insurance Sales Manager Salary - ₹2.6 Lakhs to ₹5.8 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Canara HSBC Life Insurance ranges between ₹41,708 per month to ₹42,848 per month in Mumbai. The take-home salary calculation is based on the average Canara HSBC Life Insurance Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the Canara HSBC Life Insurance Sales Managers in Mumbai reported a notice period of 1 Month, 20% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Sales Manager Salaries in Mumbai

Canara HSBC Life Insurance Sales Manager salary in Mumbai ranges between ₹3 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.