Canara HSBC Life Insurance Credit Manager Salaries by 4 Employees

1 - 7 years exp.

₹2.8 Lakhs - ₹5.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

Credit Manager Salary at Canara HSBC Life Insurance ranges between ₹2.8 Lakhs to ₹5.7 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries... Read more

48% less than the average Credit Manager Salary in Insurance Companies for 1 - 7 years of experience

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Last Updated: 30 May 2024

Companies similar to Canara HSBC Life Insurance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Credit Manager Salary 0 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹9.5 L/yr 52% more
ICICI Prudential Life Insurance Credit Manager Salary 0 - 2 years exp. (3 salaries)	₹2.6 L/yr - ₹8 L/yr 28% more
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ICICI Bank Credit Manager Salary 0 - 12 years exp. (3.4k salaries)	₹7.8 L/yr - ₹13.5 L/yr 148% more	1 job opening

HDFC Bank Credit Manager Salary 0 - 11 years exp. (2.8k salaries)	₹5.5 L/yr - ₹12.9 L/yr 107% more	3 job openings
Kotak Mahindra Bank Credit Manager Salary 0 - 10 years exp. (1.1k salaries)	₹6.5 L/yr - ₹14 L/yr 123% more	4 job openings

Canara HSBC Life Insurance Credit Manager salaries by

Years of experience	Avg. annual salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr

Similar Designation Salaries at Canara HSBC Life Insurance

Similar Designation	Avg. annual salary
Credit Officer Salary (21 salaries)	₹2.3 L/yr - ₹3.8 L/yr
Area Credit Manager Salary (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Branch Manager Salary (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
Deputy Manager Salary (111 salaries)	₹5.8 L/yr - ₹15 L/yr
Sales Manager Salary (101 salaries)	₹1.8 L/yr - ₹8.8 L/yr
Branch Credit Manager Salary (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
Cluster Credit Manager Salary (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
Credit Executive Salary (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
Sales Officer Salary (219 salaries)	₹2 L/yr - ₹4.3 L/yr
Relationship Manager Salary (214 salaries)	₹2.5 L/yr - ₹5.6 L/yr

View more similar designations

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Salary Discussions, Hike & Promotions

a full stack developer

No Salary Discussion in My Appraisal — What’s Your Experience?

In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?

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Salary related reviews for Canara HSBC Life Insurance

Relationship Manager in Dhanbad

Full Time

Sales & Business Development Department

4.0

• updated 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.

Senior Associate in Belgaum

Full Time

Finance & Accounting Department

4.0

• updated 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

Sales Officer in Mysuru / Mysore

Full Time

Sales & Business Development Department

2.0

• updated 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

Senior Associate in West Delhi

Full Time

Marketing & Communication Department

1.0

• updated on 06 Oct 2024

1.0

for Salary and Benefits

Likes

The way HR fools you by not disclosing their so important company policy. Giving you high salary packages, as a trap.

Dislikes

..., ICICI prudential, but nothing .. seriously nothing is worst like this company. Their reporting managers don't know anything about the process but they only know how to cut your salary... Everyone is here to blaming you only that all your fault. Before joining here I was a good performer in my job i know how to work , in my previous companies I have lots of achievements, but after joining here I loose my self confidence, I loose my mental health, I loose my peace of mind. And all this I got within 4 months of joining. I have resigned here and not expecting to join this company again ever in my life, worst worst worst experience. I will never let go here anyone from my friends and my reference. Suggestion for everyone. I don't have option to give less star than 1 . Every feedback here which show more than 3 star is could be fake or from the higher management or HR or the any lucky person here who got business easily. Worst product they have. They do so much miss sale in branch. Numbers of complaints have registered against their of miss selling. If you are able to do miss sale or Miss guide to the customer, only than you can stay here last long otherwise I bet you.... You won't stay here for long.

Salary - Bad

+6 more

Relationship Manager in Meerut

Customer Success, Service & Operations Department

3.0

• updated 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

see more salary related reviews

Canara HSBC Life Insurance Credit Manager Salary FAQs

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

The average salary of a Credit Manager at Canara HSBC Life Insurance in India typically ranges from ₹2.8 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Credit Manager at Canara HSBC Life Insurance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Credit Manager 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 4 Canara HSBC Life Insurance employees in India.

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

The estimated take-home salary of a Credit Manager at Canara HSBC Life Insurance in India typically ranges from ₹31,037 to ₹32,336 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 1 year to 7 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 4 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 Credit Manager in India?

ICICI Bank	₹7.8 Lakhs to ₹13.5 Lakhs per year
Kotak Mahindra Bank	₹6.5 Lakhs to ₹14.0 Lakhs per year
HDFC Bank	₹5.5 Lakhs to ₹12.9 Lakhs per year
HDFC Life	₹4.2 Lakhs to ₹9.5 Lakhs per year
ICICI Prudential Life Insurance	₹2.6 Lakhs to ₹8.0 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.

How the salary growth look like for a Credit Manager at Canara HSBC Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
7 years	₹5.1 Lakhs to ₹6.6 Lakhs per year

and so on.

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Canara HSBC Life Insurance Credit Manager Salaries

Canara HSBC Life Insurance Credit Manager salary in India ranges between ₹2.8 Lakhs to ₹5.7 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.