Canara HSBC Life Insurance Sales Team Leader Salaries by 6 Employees

5 - 6 years exp.

₹4.4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Sales Team Leader Salary in Insurance Companies for 5 - 6 years of experience

Interested in this particular role?

Last Updated: 20 Jul 2024

Companies similar to Canara HSBC Life Insurance for Sales Team Leader

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Team Leader Salary 2 - 13 years exp. (14 salaries)	₹2 L/yr - ₹3 L/yr 46% less
Star Health & Allied Insurance Sales Team Leader Salary 3 - 10 years exp. (10 salaries)	₹3.4 L/yr - ₹8 L/yr 16% more
Login to view exact salary
Bajaj Allianz Life Insurance Sales Team Leader Salary 0 - 3 years exp. (9 salaries)	₹2 L/yr - ₹5 L/yr 26% less
Shriram Life Insurance Sales Team Leader Salary 1 - 8 years exp. (6 salaries)	₹3.8 L/yr - ₹4 L/yr 14% less
ICICI Prudential Life Insurance Sales Team Leader Salary 4 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹4 L/yr 28% less
Tata AIA Life Insurance Sales Team Leader Salary 2 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 32% less
Aditya Birla Health Insurance Co Sales Team Leader Salary 0 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹3 L/yr 42% less
PNB MetLife Sales Team Leader Salary 2 - 14 years exp. (4 salaries)	₹3.2 L/yr - ₹7.2 L/yr 12% more
SBI Life Insurance Company Sales Team Leader Salary 0 - 9 years exp. (4 salaries)	₹1.4 L/yr - ₹3.6 L/yr 42% less
Reliance Nippon Life Insurance Sales Team Leader Salary 4 - 12 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr 18% less
Tata AIG Sales Team Leader Salary 1 - 15 years exp. (3 salaries)	₹1.2 L/yr - ₹5 L/yr 28% less
Login to view exact salary
Reliance General Insurance Sales Team Leader Salary 2 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹3.9 L/yr 28% less

Sales Team Leader salary at Canara HSBC Life Insurance ranges between ₹4.4 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Sales Team Leader salaries

Last Updated: 20 Jul 2024

Experience	Avg Annual Salary
5 years (4 salaries)	₹4.4 L/yr - ₹5 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.6 L/yr

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Salary related reviews for Canara HSBC Life Insurance

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in Dhanbad

Full Time

Sales & Business Development Department

4.0

• posted on 25 Feb 2025

3.0

for Salary and Benefits

Likes

Work life balance is good. You will acquire new learning here and you will definitely enhance your skills here. Time to time virtual training is organised. You will get options of fast track and regular promotions here for that you have to make sure to achieve the target.

Skill development - Good

+2 more

Dislikes

Salary is average as per the company's standards.

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

Cluster Business Head in Agartala

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 01 Feb 2025

5.0

for Salary and Benefits

Likes

FLS level promotion promotion & salary structure & Product feature is very good.

Salary - Excellent

+1 more

Dislikes

Many issues in IT segment like login process , issuance process so lengthy , Monthly & Yearly target setup 🎯 not maintained properly

Skill development - Poor

+2 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

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Canara HSBC Life Insurance Sales Team Leader Salary FAQs

What is the salary of Sales Team Leader at Canara HSBC Life Insurance ?

The average salary of a Sales Team Leader at Canara HSBC Life Insurance in India typically ranges from ₹4.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 6 years).

The top 10% of Sales Team Leader at Canara HSBC Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Sales Team Leader 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 6 Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Sales Team Leader at Canara HSBC Life Insurance in India typically ranges from ₹33,600 to ₹34,861 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 6 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 6 salaries received from various employees of Canara HSBC Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Canara HSBC Life Insurance for Sales Team Leader in India?

Star Health & Allied Insurance	₹3.4 Lakhs to ₹8.0 Lakhs per year
PNB MetLife	₹3.2 Lakhs to ₹7.2 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 Team Leader in companies similar to Canara HSBC Life Insurance in India?

The salary of a Sales Team Leader 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:

Shriram Life Insurance	₹3.8 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance	₹3.5 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance	₹2.0 Lakhs to ₹5.0 Lakhs per year
Tata AIG	₹1.2 Lakhs to ₹5.0 Lakhs per year
Reliance General Insurance	₹2.8 Lakhs to ₹3.9 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 Team Leader at Canara HSBC Life Insurance in India?

The salary growth for a Sales Team Leader at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Team Leader can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience	Average Salary Range
5 years	₹4.4 Lakhs to ₹5.0 Lakhs per year
6 years	₹4.5 Lakhs to ₹4.6 Lakhs per year

and so on.

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Canara HSBC Life Insurance Sales Team Leader Salaries

Canara HSBC Life Insurance Sales Team Leader salary in India ranges between ₹4.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.