Canara HSBC Life Insurance Senior Business Development Officer Salaries by 10+ Employees (Updated 2025)

0 - 11 years exp.

₹3.6 Lakhs - ₹4 Lakhs

Salary of majority employees

19% less than the average Senior Business Development Officer Salary in Insurance Companies for 0 - 11 years of experience

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Salaries in different departments

Sales & Business Development Senior Business Development Officer Salary 1 - 11 years exp. (6 salaries)	₹3.6 L/yr - ₹4 L/yr
BFSI, Investments & Trading Senior Business Development Officer Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.8 L/yr
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Customer Success, Service & Operations Senior Business Development Officer Salary 7 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹3.8 L/yr

Last Updated: 17 Feb 2025

Companies similar to Canara HSBC Life Insurance for Senior Business Development Officer

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Senior Business Development Officer Salary 7 - 9 years exp. (3 salaries)	₹3.8 L/yr - ₹5.2 L/yr 21% more
IDFC FIRST Bank Senior Business Development Officer Salary 1 - 5 years exp. (67 salaries)	₹1.5 L/yr - ₹3.7 L/yr 45% less
Login to view exact salary
Crisil Senior Business Development Officer Salary 4 - 13 years exp. (60 salaries)	₹2.7 L/yr - ₹8 L/yr 34% more	7 job openings
Dabur Senior Business Development Officer Salary 4 - 12 years exp. (31 salaries)	₹8.4 L/yr - ₹12.2 L/yr 179% more
Fusion Microfinance Senior Business Development Officer Salary 4 - 10 years exp. (17 salaries)	₹3.3 L/yr - ₹4 L/yr 5% less

Senior Business Development Officer salary at Canara HSBC Life Insurance ranges between ₹3.6 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 12 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Senior Business Development Officer salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.9 L/yr - ₹6.9 L/yr
1 year (AmbitionBox Estimate)	₹3.8 L/yr - ₹4 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.9 L/yr
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7 L/yr

View all

Similar Designation salaries in Canara HSBC Life Insurance

Senior Business Development Manager Salary

(6 salaries)

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Senior Business Development Executive Salary

(3 salaries)

₹4.1 L/yr - ₹4.3 L/yr

Business Development Manager Salary

(7 salaries)

₹2.5 L/yr - ₹6.24 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Business Development Executive Salary

(4 salaries)

₹1.6 L/yr - ₹4.25 L/yr

Senior Sales Executive Salary

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Senior Sales Manager Salary

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₹3 L/yr - ₹7.5 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Sales Officer Salary

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₹1.95 L/yr - ₹4 L/yr

Territory Sales Manager Salary

(8 salaries)

₹5 L/yr - ₹6.5 L/yr

Top skills at Canara HSBC Life Insurance for Senior Business Development Officer

Business Development agency Campaigns Defence Sales Marketing

Salary related reviews for Canara HSBC Life Insurance

3.8

Rated by 5 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.

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

see more salary related reviews

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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 Senior Business Development Officer Salary FAQs

What is the salary of Senior Business Development Officer at Canara HSBC Life Insurance ?

The average salary of a Senior Business Development Officer at Canara HSBC Life Insurance in India typically ranges from ₹3.6 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Senior Business Development Officer at Canara HSBC Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Senior Business Development Officer 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 10+ Canara HSBC Life Insurance employees in India.

What is the estimated take home salary of a Senior Business Development Officer at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Senior Business Development Officer at Canara HSBC Life Insurance in India typically ranges from ₹28,429 to ₹29,817 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 10+ 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 Senior Business Development Officer at Canara HSBC Life Insurance ?

To be a Senior Business Development Officer at Canara HSBC Life Insurance in india, the key skills required include:

- Business Development
- agency
- Campaigns
- Defence
- Sales

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 Senior Business Development Officer in India?

Dabur	₹8.4 Lakhs to ₹12.2 Lakhs per year
Crisil	₹2.7 Lakhs to ₹8.0 Lakhs per year
SBI Life Insurance Company	₹3.8 Lakhs to ₹5.2 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 Senior Business Development Officer in companies similar to Canara HSBC Life Insurance in India?

The salary of a Senior Business Development Officer 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:

Fusion Microfinance	₹3.3 Lakhs to ₹4.0 Lakhs per year
IDFC FIRST Bank	₹1.5 Lakhs to ₹3.7 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 Senior Business Development Officer at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹3.9 Lakhs to ₹6.9 Lakhs per year
1 year	₹3.8 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.6 Lakhs to ₹6.9 Lakhs per year
3 years	₹3.8 Lakhs to ₹6.9 Lakhs per year

and so on.

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Canara HSBC Life Insurance Senior Business Development Officer Salaries by Location

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Canara HSBC Life Insurance Senior Business Development Officer Salaries

Canara HSBC Life Insurance Senior Business Development Officer salary in India ranges between ₹3.6 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.

Canara HSBC Life Insurance Senior Business Development Officer salaries in India (Updated 2025)

Companies similar to Canara HSBC Life Insurance for Senior Business Development Officer

Latest annual salaries shared by Canara HSBC Life Insurance Senior Business Development Officer

Experience wise Canara HSBC Life Insurance Senior Business Development Officer salaries

Similar Designation salaries in Canara HSBC Life Insurance

Top skills at Canara HSBC Life Insurance for Senior Business Development Officer

Salary related reviews for Canara HSBC Life Insurance

Relationship Manager in Dhanbad

Sales Officer in Mysuru / Mysore

Relationship Manager in Meerut

Sales Officer in Hoshiarpur

Sales Officer in Bangalore Rural

Canara HSBC Life Insurance Senior Business Development Officer Salary FAQs

Tell us how to improve this page.

Canara HSBC Life Insurance Senior Business Development Officer Salaries by Location