Canara HSBC Life Insurance Ahmedabad Territory Manager Bancassurance Salaries by 3 Employees

5 - 15 years exp.

₹4.3 Lakhs - ₹10.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

74% more than the average Territory Manager Bancassurance Salary in Insurance Companies for 5 - 15 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Bancassurance Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹10.5 L/yr
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BFSI, Investments & Trading Territory Manager Bancassurance Salary 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.9 L/yr

Last Updated: 14 Mar 2023

Territory Manager Bancassurance salary at Canara HSBC Life Insurance ranges between ₹4.3 Lakhs to ₹10.5 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Territory Manager Bancassurance salaries in Ahmedabad

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
13 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
14 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
15+ years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr

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Similar Designation salaries in Canara HSBC Life Insurance

Cluster Business Manager Salary

(6 salaries)

₹5.35 L/yr - ₹9.4 L/yr

Salary related reviews for Canara HSBC Life Insurance

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

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

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Canara HSBC Life Insurance Territory Manager Bancassurance Salary FAQs

How the salary growth look like for a Territory Manager Bancassurance at Canara HSBC Life Insurance in Ahmedabad?

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

Experience	Average Salary Range
5 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
6 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
7 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
8 years	₹6.4 Lakhs to ₹8.2 Lakhs per year

and so on.

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Canara HSBC Life Insurance Territory Manager Bancassurance Salaries in Ahmedabad

Canara HSBC Life Insurance Territory Manager Bancassurance salary in Ahmedabad ranges between ₹4.3 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.