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Canara HSBC Life Insurance Deputy Manager salaries in India (Updated 2025)

Annual salary range
2 - 16 years exp.
₹5 Lakhs - ₹14.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Deputy Manager Salary at Canara HSBC Life Insurance ranges between ₹5 Lakhs to ₹14.5 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 108 latest salaries... Read more

At par with the average Deputy Manager Salary in Insurance Companies for 2 - 16 years of experience

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Last Updated: 19 Jun 2025

Companies similar to Canara HSBC Life Insurance for Deputy Manager

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₹2.9 L/yr - ₹10.1 L/yr

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Reliance General Insurance Deputy Manager Salary

1 - 10 years exp. (137 salaries)

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3 - 17 years exp. (129 salaries)

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₹4 L/yr - ₹12.6 L/yr

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₹3.7 L/yr - ₹12 L/yr

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₹2.4 L/yr - ₹9.5 L/yr

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Shriram Life Insurance Deputy Manager Salary

1 - 15 years exp. (53 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 27% less
1 job opening
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₹2.4 L/yr - ₹10 L/yr

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Tata AIA Life Insurance Deputy Manager Salary

3 - 13 years exp. (23 salaries)

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₹3.2 L/yr - ₹9.2 L/yr

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₹3.5 L/yr - ₹11.5 L/yr

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First American Corporation Deputy Manager Salary

11 - 19 years exp. (15 salaries)

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₹9.5 L/yr - ₹16.5 L/yr

arrow icon 29% more
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₹17 L/yr - ₹25 L/yr

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Gallagher Deputy Manager Salary

11 - 17 years exp. (10 salaries)

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₹11 L/yr - ₹20 L/yr

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₹4.5 L/yr - ₹7 L/yr

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View all

Latest annual salaries shared by Canara HSBC Life Insurance Deputy Manager

3d ago
₹8.5 Lakhs
8 years exp.
1w ago
₹7.5 Lakhs
6 years exp.
1w ago
₹9.5 Lakhs
10 years exp.
2w ago
₹8.4 Lakhs
3 years exp.
3w ago
₹10 Lakhs
15 years exp.
3w ago
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6 years exp.
4w ago
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7 years exp.
1mo ago
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15 years exp.
1mo ago
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12 years exp.
1mo ago
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9 years exp.

Canara HSBC Life Insurance Deputy Manager salaries by

Years of experience Avg. annual salary
2 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.4 L/yr
3 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
4 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.6 L/yr
5 years  (6 salaries)

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₹7.4 L/yr - ₹14.5 L/yr
6 years  (5 salaries)

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₹6.6 L/yr - ₹10 L/yr
View all salaries by experience

Similar Designation Salaries at Canara HSBC Life Insurance

Similar Designation Avg. annual salary
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₹5.5 L/yr - ₹7.5 L/yr

Delivery Manager Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

Branch Manager Salary
(AmbitionBox Estimate)
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₹9.1 L/yr - ₹11.6 L/yr

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₹8.5 L/yr - ₹12 L/yr

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₹8.1 L/yr - ₹10 L/yr

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₹4.7 L/yr - ₹13.7 L/yr

Service Manager Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

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₹10 L/yr - ₹20 L/yr

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₹7 L/yr - ₹12.5 L/yr

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₹3.3 L/yr - ₹12.4 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for Canara HSBC Life Insurance

4.7

Rated by 18 employees for salary & benefits

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.

read more
  • Skill development - Good
  • +2 more

Dislikes

Salary is average as per the company's standards.

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  updated 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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Good
  • +1 more

Dislikes

everything expect the Salary on time.

  • Job security - Bad
  • +4 more

BFSI, Investments & Trading Department

3.0
  •  updated on 27 Sep 2020

2.0
 for  Salary and Benefits

Likes

... band 8 in covid situation co has started 4 lac medical policy... Its good ..... 7 days working, no increament as u know that our ctc is not good i m totally dependent co, currently co hire employees in high package same profile.. Existing employees sitting on same package.. 5 day co policy when i joined now saturday &Sunday working no addition benefit given. ..... Ok what to do. .

read more

Dislikes

No HR value in choice, no ethics, 7 days working, no increament, late night working

  • Salary - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated 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.

read more
  • 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

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

Canara HSBC Life Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Canara HSBC Life Insurance ?
The average salary of a Deputy Manager at Canara HSBC Life Insurance in India typically ranges from ₹5.0 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Deputy Manager at Canara HSBC Life Insurance earn more than ₹11.2 Lakhs per year, and the top 1% earn over ₹14.2 Lakhs per year. Deputy 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 100+ Canara HSBC Life Insurance employees in India.
What is the estimated take home salary of a Deputy Manager at Canara HSBC Life Insurance in India?
The estimated take-home salary of a Deputy Manager at Canara HSBC Life Insurance in India typically ranges from ₹68,351 to ₹70,104 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 2 years to 16 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 100+ 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 Deputy Manager at Canara HSBC Life Insurance ?
To be a Deputy Manager at Canara HSBC Life Insurance in india, the key skills required include:

  • - Medical Underwriting
  • - Life Insurance
  • - Risk Management
  • - Sales
  • - Operations

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 Deputy Manager in India?
National Insurance Company ₹17.0 Lakhs to ₹25.0 Lakhs per year
Principal Global Services ₹16.0 Lakhs to ₹16.5 Lakhs per year
Gallagher ₹11.0 Lakhs to ₹20.0 Lakhs per year
Allstate ₹6.3 Lakhs to ₹17.8 Lakhs per year
XL Catlin ₹9.0 Lakhs to ₹16.0 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.
What is the salary of a Deputy Manager in companies similar to Canara HSBC Life Insurance in India?
The salary of a Deputy Manager 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:

First American Corporation ₹9.5 Lakhs to ₹16.5 Lakhs per year
Bajaj Allianz Life Insurance ₹4.5 Lakhs to ₹18.0 Lakhs per year
Marsh ₹10.0 Lakhs to ₹12.0 Lakhs per year
Allianz ₹6.6 Lakhs to ₹11.0 Lakhs per year
HDFC Life ₹4.1 Lakhs to ₹15.0 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 Deputy Manager at Canara HSBC Life Insurance in India?
The salary growth for a Deputy Manager at Canara HSBC Life Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience Average Salary Range
2 years ₹9.7 Lakhs to ₹12.4 Lakhs per year
3 years ₹9.3 Lakhs to ₹11.9 Lakhs per year
4 years ₹9.0 Lakhs to ₹11.6 Lakhs per year
5 years ₹7.4 Lakhs to ₹14.5 Lakhs per year
and so on.

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Canara HSBC Life Insurance Deputy Manager salary in India ranges between ₹5 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 108 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.