Canara HSBC Life Insurance Sales Officer 1 Salaries by 5 Employees (Updated 2025)

1 - 9 years exp.

₹2.5 Lakhs - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

8% more than the average Sales Officer 1 Salary in Insurance Companies for 1 - 9 years of experience

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Last Updated: 23 Nov 2024

Companies similar to Canara HSBC Life Insurance for Sales Officer 1

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Sales Officer 1 Salary 1 - 3 years exp. (4 salaries)	₹2.1 L/yr - ₹2.6 L/yr 22% less
Max Life Insurance Sales Officer 1 Salary 6 - 8 years exp. (3 salaries)	₹2.3 L/yr - ₹2.4 L/yr 20% less
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HDFC Bank Sales Officer 1 Salary 0 - 4 years exp. (152 salaries)	₹1.5 L/yr - ₹4.5 L/yr 12% less
Axis Bank Sales Officer 1 Salary 0 - 4 years exp. (77 salaries)	₹1.8 L/yr - ₹3 L/yr 17% less
HDB Financial Services Sales Officer 1 Salary 0 - 4 years exp. (53 salaries)	₹1 L/yr - ₹3 L/yr 28% less

Sales Officer 1 salary at Canara HSBC Life Insurance ranges between ₹2.5 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 9 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 Officer 1 salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.2 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr

View all

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Salary related reviews for Canara HSBC Life Insurance

5.0

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 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.

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 .

Salary - Excellent

+5 more

Dislikes

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

Job security - Bad

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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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Canara HSBC Life Insurance Sales Officer 1 Salary FAQs

What is the salary of Sales Officer 1 at Canara HSBC Life Insurance?

Sales Officer 1 salary at Canara HSBC Life Insurance in India ranges between ₹2.5 Lakhs to ₹3.1 Lakhs for experience between 1 years to 9 years. According to our estimates it is 8% more than the average Sales Officer 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Canara HSBC Life Insurance India.

How does the salary of a Sales Officer 1 at Canara HSBC Life Insurance India compare with the average salary range for this job?

The average salary of a Sales Officer 1 at Canara HSBC Life Insurance is 8% more than the average salary of a Sales Officer 1 in India. To know exact salary insights, login to view.

What is the salary of a Sales Officer 1 in companies similar to Canara HSBC Life Insurance in India?

HDFC Bank Sales Officer 1 Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Axis Bank Sales Officer 1 Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
Max Life Insurance Sales Officer 1 Salary - ₹2.3 Lakhs to ₹2.4 Lakhs per year
SBI Life Insurance Company Sales Officer 1 Salary - ₹2.1 Lakhs to ₹2.6 Lakhs per year
HDB Financial Services Sales Officer 1 Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Sales Officer 1 at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Sales Officer 1 at Canara HSBC Life Insurance ranges between ₹21,197 per month to ₹22,842 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Sales Officer 1 salary in India which ranges between ₹2.5 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Sales Officer 1 at Canara HSBC Life Insurance?

According to AmbitionBox, 80% of the Canara HSBC Life Insurance Sales Officer 1s reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Sales Officer 1 Salaries

Canara HSBC Life Insurance Sales Officer 1 salary in India ranges between ₹2.5 Lakhs to ₹3.1 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.