Canara HSBC Life Insurance SRM Manager Salaries by 4 Employees (Updated 2025)

5 - 15 years exp.

₹3.5 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

78% more than the average SRM Manager Salary in Insurance Companies for 5 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading SRM Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
Customer Success, Service & Operations SRM Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
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Human Resources SRM Manager Salary 15 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr
Marketing & Communication SRM Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 29 Nov 2024

Companies similar to Canara HSBC Life Insurance for SRM Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life SRM Manager Salary 0 - 6 years exp. (12 salaries)	₹3.5 L/yr - ₹3.9 L/yr 56% less
ICICI Prudential Life Insurance SRM Manager Salary 3 - 4 years exp. (3 salaries)	₹3.9 L/yr - ₹4 L/yr 53% less
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Max Life Insurance SRM Manager Salary 2 - 8 years exp. (9 salaries)	₹3 L/yr - ₹6 L/yr 46% less
Bajaj Allianz Life Insurance SRM Manager Salary 0 - 8 years exp. (28 salaries)	₹2.5 L/yr - ₹3.5 L/yr 63% less
Kotak Mahindara Life Insurance SRM Manager Salary 1 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹4 L/yr 54% less
PNB MetLife SRM Manager Salary 3 - 10 years exp. (39 salaries)	₹3 L/yr - ₹5.5 L/yr 45% less
Tata AIA Life Insurance SRM Manager Salary 5 - 8 years exp. (5 salaries)	₹3.7 L/yr - ₹6 L/yr 44% less
Reliance Nippon Life Insurance SRM Manager Salary 1 - 6 years exp. (7 salaries)	₹2.4 L/yr - ₹2.6 L/yr 69% less
ICICI Lombard General Insurance Company SRM Manager Salary 7 - 9 years exp. (8 salaries)	₹5.6 L/yr - ₹6.3 L/yr 29% less
Reliance General Insurance SRM Manager Salary 0 - 12 years exp. (4 salaries)	₹2.6 L/yr - ₹7.5 L/yr 34% less
Star Health & Allied Insurance SRM Manager Salary 6 - 12 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 53% less
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SRM Manager salary at Canara HSBC Life Insurance ranges between ₹3.5 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance SRM Manager salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.9 L/yr
11 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
14 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
15+ years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14 L/yr

View all

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Salary related reviews for Canara HSBC Life Insurance

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.

Dislikes

Only salary is good. Everything is worst. Don’t work with Canara HSBC and don’t loose your time. Products also worst

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.

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.

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.

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 .

Dislikes

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Canara HSBC Life Insurance SRM Manager Salary FAQs

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

SRM Manager salary at Canara HSBC Life Insurance in India ranges between ₹3.5 Lakhs to ₹14.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 78% more than the average SRM Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance India.

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

The average salary of a SRM Manager at Canara HSBC Life Insurance is 78% more than the average salary of a SRM Manager in India. To know exact salary insights, login to view.

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

ICICI Lombard General Insurance Company SRM Manager Salary - ₹5.6 Lakhs to ₹6.3 Lakhs per year
Reliance General Insurance SRM Manager Salary - ₹2.6 Lakhs to ₹7.5 Lakhs per year
Tata AIA Life Insurance SRM Manager Salary - ₹3.7 Lakhs to ₹6.0 Lakhs per year
PNB MetLife SRM Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
Max Life Insurance SRM Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a SRM Manager at Canara HSBC Life Insurance ranges between ₹61,242 per month to ₹62,794 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance SRM Manager salary in India which ranges between ₹3.5 Lakhs to ₹14.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?

What is the notice period for SRM Manager at Canara HSBC Life Insurance?

According to AmbitionBox, 67% of the Canara HSBC Life Insurance SRM Managers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance SRM Manager Salaries by Location

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Canara HSBC Life Insurance SRM Manager Salaries

Canara HSBC Life Insurance SRM Manager salary in India ranges between ₹3.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.