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Canara HSBC Life Insurance Senior Sales Officer salaries in Bangalore / Bengaluru

Annual salary range
1 - 8 years exp.
₹3.5 Lakhs - ₹4.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Senior Sales Officer Salary at Canara HSBC Life Insurance ranges between ₹3.5 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest... Read more

33% less than the average Senior Sales Officer Salary in Insurance Companies for 1 - 8 years of experience

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Last Updated: 24 May 2024

Companies similar to Canara HSBC Life Insurance for Senior Sales Officer in Bangalore / Bengaluru

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Canara HSBC Life Insurance Senior Sales Officer Salary

1 - 8 years exp. (6 salaries)

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₹3.5 L/yr - ₹4.3 L/yr

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IDFC FIRST Bank Senior Sales Officer Salary

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Dabur Senior Sales Officer Salary

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Page Industries Senior Sales Officer Salary

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Canara HSBC Life Insurance Senior Sales Officer salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.3 L/yr
View all salaries by experience

Similar Designation Salaries at Canara HSBC Life Insurance

Similar Designation Avg. annual salary
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₹2.3 L/yr - ₹4.8 L/yr

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₹2.1 L/yr - ₹4 L/yr

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₹3.6 L/yr - ₹6.6 L/yr

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₹2.1 L/yr - ₹5.1 L/yr

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₹9 L/yr - ₹10.4 L/yr

Top trending discussions

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Career Growth
1w (edited)
pleasantfox
·
works at
Insurance Sector
Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else
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Salary related reviews for Canara HSBC Life Insurance

2.1

Rated by 7 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  updated on 15 Mar 2018

5.0
 for  Salary and Benefits

Likes

Employee satisfaction, compensation and benefits are few to be mentioned which may be no other insurance company offers at present. One of the best place to work with but also should be capable of handling high pressure sometimes.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Sometimes the target seems to be sky high and Pressure will be so much that it will effect your personal life, stresses mentally as well as physically many a times . Internal politics exists to some extent.

read more

Data Science & Analytics Department

2.0
  •  updated on 26 Nov 2019

2.0
 for  Salary and Benefits

Likes

Faced a lot of bullying. My overall experience was bad. I resigned at top of my game. I don't recommend this company for freshers.

read more

Dislikes

Team handling was very badly done. Had to face loss of pay for things my team leader was responsible for.

read more
  • Salary - Poor
  • +5 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

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

 · 

BFSI, Investments & Trading Department

4.0
  •  updated 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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Branch mapping issue's.

see more salary related reviews

Canara HSBC Life Insurance Senior Sales Officer Salary FAQs

What is the salary of Senior Sales Officer at Canara HSBC Life Insurance in Bangalore / Bengaluru?
The average salary of a Senior Sales Officer at Canara HSBC Life Insurance in Bangalore / Bengaluru typically ranges from ₹3.5 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Senior Sales Officer in Bangalore / Bengaluru at Canara HSBC Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Senior Sales Officer 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 Senior Sales Officer at Canara HSBC Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Senior Sales Officer at Canara HSBC Life Insurance in Bangalore / Bengaluru typically ranges from ₹28,068 to ₹29,461 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.3 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 Senior Sales Officer in India?
Dabur ₹8.4 Lakhs to ₹12.3 Lakhs per year
Page Industries ₹4.8 Lakhs to ₹8.4 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 Senior Sales Officer in companies similar to Canara HSBC Life Insurance in Bangalore / Bengaluru?
The salary of a Senior Sales Officer at companies similar to Canara HSBC Life Insurance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank ₹2.5 Lakhs to ₹5.5 Lakhs per year
HDFC Bank ₹2.0 Lakhs to ₹4.5 Lakhs per year
ICICI Bank ₹1.9 Lakhs to ₹5.3 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 Senior Sales Officer at Canara HSBC Life Insurance in Bangalore / Bengaluru?
The salary growth for a Senior Sales Officer at Canara HSBC Life Insurance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Senior Sales Officer in Bangalore / Bengaluru can expect the following growth trajectory at Canara HSBC Life Insurance:

Experience Average Salary Range
1 year ₹3.5 Lakhs to ₹4.3 Lakhs per year
2 years ₹3.5 Lakhs to ₹4.3 Lakhs per year
3 years ₹3.5 Lakhs to ₹4.3 Lakhs per year
4 years ₹3.5 Lakhs to ₹4.3 Lakhs per year
and so on.

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Canara HSBC Life Insurance Senior Sales Officer salary in Bangalore / Bengaluru ranges between ₹3.5 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.