Canara HSBC Life Insurance SSO Salaries by 6 Employees

1 - 8 years exp.

₹2.9 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

16% less than the average SSO Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading SSO Salary 1 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹3.5 L/yr
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Quality Assurance SSO Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.4 L/yr

Last Updated: 19 Jul 2024

Companies similar to Canara HSBC Life Insurance for SSO

Company name	Avg Annual Salary	Open Jobs
Shriram Life Insurance SSO Salary 0 - 8 years exp. (3 salaries)	₹0.4 L/yr - ₹3.1 L/yr 60% less
HDB Financial Services SSO Salary 1 - 6 years exp. (140 salaries)	₹1.2 L/yr - ₹3.5 L/yr 30% less
Login to view exact salary
Berger Paints SSO Salary 1 - 10 years exp. (38 salaries)	₹4 L/yr - ₹9.8 L/yr 121% more
Uttar Pradesh Power Corporation SSO Salary 0 - 4 years exp. (15 salaries)	₹1 L/yr - ₹3.2 L/yr 36% less
Dabur SSO Salary 5 - 18 years exp. (14 salaries)	₹6.7 L/yr - ₹11.2 L/yr 171% more

SSO salary at Canara HSBC Life Insurance ranges between ₹2.9 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance SSO salaries

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.6 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.7 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
8 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr

View all

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Salary related reviews for Canara HSBC Life Insurance

3.8

Rated by 6 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

Senior Associate in Belgaum

Full Time

Finance & Accounting Department

4.0

• posted on 25 Jul 2023

4.0

for Salary and Benefits

Likes

Flexible time, salary on time good bank support to generate business

Salary - Good

+3 more

Dislikes

Sales Training is not upto the mark ..service problems are big challenges.. there is no such correct path get resolving any it or service issues

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.

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.

Operations Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

Absolutely nothing

Dislikes

...le culture. Even top management is just busy in politics and finding scapegoats. Pay is peanuts and zero work life balance. The leaders have no respect for employees or their personal time. This is one of the worst organizations one can ever work for.

Salary - Bad

+6 more

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Canara HSBC Life Insurance SSO Salary FAQs

What is the salary of SSO at Canara HSBC Life Insurance ?

The average salary of a SSO at Canara HSBC Life Insurance in India typically ranges from ₹2.9 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of SSO at Canara HSBC Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. SSO 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 SSO at Canara HSBC Life Insurance in India?

The estimated take-home salary of a SSO at Canara HSBC Life Insurance in India typically ranges from ₹23,818 to ₹25,274 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 8 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 SSO in India?

Dabur	₹6.7 Lakhs to ₹11.2 Lakhs per year
Berger Paints	₹4.0 Lakhs to ₹9.8 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 SSO in companies similar to Canara HSBC Life Insurance in India?

The salary of a SSO 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:

HDB Financial Services	₹1.2 Lakhs to ₹3.5 Lakhs per year
Uttar Pradesh Power Corporation	₹1.0 Lakhs to ₹3.2 Lakhs per year
Shriram Life Insurance	₹0.4 Lakhs to ₹3.1 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 SSO at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹5.6 Lakhs per year
2 years	₹2.9 Lakhs to ₹5.7 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years	₹3.0 Lakhs to ₹5.8 Lakhs per year

and so on.

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Canara HSBC Life Insurance SSO Salaries

Canara HSBC Life Insurance SSO salary in India ranges between ₹2.9 Lakhs to ₹3.5 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.