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Bajaj Capital Insurance Relationship Manager salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹1.2 Lakh - ₹5.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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35% less than the average Relationship Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
3 - 5 years exp. (4 salaries)
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₹3.8 L/yr - ₹5.4 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
0 - 2 years exp. (3 salaries)
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₹1.6 L/yr - ₹3 L/yr

Finance & Accounting
Relationship Manager Salary
1 - 8 years exp. (3 salaries)
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₹2.5 L/yr - ₹3.1 L/yr

Sales & Business Development
Relationship Manager Salary
0 - 5 years exp. (3 salaries)
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₹3.1 L/yr - ₹4.2 L/yr

Last Updated: 20 Mar 2025

Companies similar to Bajaj Capital Insurance for Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹6 L/yr

arrow icon 15% more
14 job openings
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₹2 L/yr - ₹6.5 L/yr

arrow icon 28% more
8 job openings
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₹2 L/yr - ₹5 L/yr

arrow icon 7% less
47 job openings
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₹2.4 L/yr - ₹5.4 L/yr

arrow icon 20% more
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₹2.3 L/yr - ₹5.4 L/yr

arrow icon 21% more
1 job opening
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₹2.1 L/yr - ₹8 L/yr

arrow icon 41% more
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 16% more
Logo
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₹2.5 L/yr - ₹4.3 L/yr

arrow icon 3% more
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₹3.5 L/yr - ₹7.6 L/yr

arrow icon 61% more
1 job opening
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₹3.5 L/yr - ₹7.4 L/yr

arrow icon 70% more
3 job openings
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₹2.1 L/yr - ₹6 L/yr

arrow icon 21% more
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₹2.7 L/yr - ₹5 L/yr

arrow icon 9% more
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₹2.2 L/yr - ₹6 L/yr

arrow icon 16% more
1 job opening
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₹2.3 L/yr - ₹8.1 L/yr

arrow icon 48% more
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₹3 L/yr - ₹4.2 L/yr

arrow icon 6% more
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₹2.2 L/yr - ₹3.8 L/yr

arrow icon 8% less
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₹3 L/yr - ₹5.2 L/yr

arrow icon 24% more
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MetLife Relationship Manager Salary

2 - 7 years exp. (8 salaries)

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₹3.3 L/yr - ₹3.9 L/yr

arrow icon 6% more
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₹2.3 L/yr - ₹3.2 L/yr

arrow icon 17% less
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Allianz Partners Relationship Manager Salary

4 - 8 years exp. (6 salaries)

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₹3.9 L/yr - ₹6.5 L/yr

arrow icon 79% more
1 job opening
View all
Relationship Manager salary at Bajaj Capital Insurance ranges between ₹1.2 Lakh to ₹5.4 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 16 latest salaries received from various employees of Bajaj Capital Insurance.

Latest annual salaries shared by Bajaj Capital Insurance Relationship Manager

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Experience wise Bajaj Capital Insurance Relationship Manager salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.6 L/yr - ₹3.2 L/yr
1 year  (3 salaries)

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₹1.2 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹5.4 L/yr
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Similar Designation salaries in Bajaj Capital Insurance

Relationship Officer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Branch Manager Salary
(16 salaries)
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₹2.9 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(27 salaries)
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₹2.1 L/yr - ₹3.6 L/yr
Sales Manager Salary
(14 salaries)
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₹0.3 L/yr - ₹4.2 L/yr
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₹4.45 L/yr - ₹5 L/yr
Area Manager Salary
(5 salaries)
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₹4 L/yr - ₹6.17 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹2.05 L/yr - ₹3.05 L/yr
Sales Coordinator Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Sales Officer Salary
(5 salaries)
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₹1.5 L/yr - ₹2.1 L/yr

Salary related reviews for Bajaj Capital Insurance

2.8

Rated by 15 employees for salary & benefits

Part Time

 · 

Sales & Business Development Department

2.0
  •  posted on 26 Oct 2023

3.0
 for  Salary and Benefits

Likes

... and hr only follow order to Senior Manager, big mistake to join this company. Daily said, not approved your attendance and not provide salary

read more

Dislikes

Before joining recruiter said, direct channel leads will be provided but after joining branch manager said go to market and collect data and 3 time give for monthly ctc salary justify after give travel allowance. Branch manager and old rm follow only one rule hire and fire, high pressure to new rm

read more
  • Skill development - Poor
  • +5 more

Insurance Department

4.0
  •  posted on 22 Feb 2022

3.0
 for  Salary and Benefits

Likes

Timing issue no time for family to much busy schedule slow process in growth companies policy are very irritated.

  • Job security - Good
  • +1 more

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is not good enough career and growth is to slow.

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  • Skill development - Poor
  • +2 more

Customer Success, Service & Operations Department

5.0
  •  posted on 21 Jun 2020

5.0
 for  Salary and Benefits

Likes

Good work environment and culture.teammates are supportive

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow.there is a bond of 1year before which you cannot resign.on the job training is not giving to new joiners.

read more

Full Time

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Customer Success, Service & Operations Department

4.0
  •  posted on 07 May 2023

3.0
 for  Salary and Benefits

Likes

Non toxic environment, friendly culture, a certified "Great place to work" company. Managers are amazing and supportive in nature. Loads of work is limited. Bole to bindaas. 👍🏻👍🏻👍🏻👍🏻

read more
  • Skill development - Good
  • +4 more

Dislikes

Salary package, bonus, appraisal etc should be improve.

  • Promotions - Poor

Full Time

 · 

Human Resources Department

3.0
  •  posted on 22 May 2022

3.0
 for  Salary and Benefits

Likes

Overall it's a good organization to work but having huge requirement to improve to become better. Good ethical values.

read more
  • Job security - Good

Dislikes

Although company having good ethical values but they ignored it at covid lockdown, 50% salary cut even for support team). Since support team were not being incentivised when business was at boom so there should not be salary cut when business is at low.

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews

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Bajaj Capital Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Bajaj Capital Insurance ?
The average salary of a Relationship Manager at Bajaj Capital Insurance in India typically ranges from ₹1.2 Lakhs to ₹5.4 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Relationship Manager at Bajaj Capital Insurance earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Relationship Manager Salaries at Bajaj Capital 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 10+ Bajaj Capital Insurance employees in India.
What is the estimated take home salary of a Relationship Manager at Bajaj Capital Insurance in India?
The estimated take-home salary of a Relationship Manager at Bajaj Capital Insurance in India typically ranges from ₹23,820 to ₹25,276 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from Fresher 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 10+ salaries received from various employees of Bajaj Capital Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Capital Insurance for Relationship Manager in India?
Marsh ₹13.1 Lakhs to ₹17.0 Lakhs per year
Allianz Partners ₹3.9 Lakhs to ₹6.5 Lakhs per year
Liberty General Insurance ₹3.5 Lakhs to ₹7.4 Lakhs per year
Magma HDI General Insurance ₹3.5 Lakhs to ₹7.6 Lakhs per year
Birla Sun Life Mutual Fund ₹2.3 Lakhs to ₹8.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Capital Insurance, depending on the role and experience level.
What is the salary of a Relationship Manager in companies similar to Bajaj Capital Insurance in India?
The salary of a Relationship Manager at companies similar to Bajaj Capital Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co ₹2.1 Lakhs to ₹8.0 Lakhs per year
Universal Sompo General Insurance ₹2.0 Lakhs to ₹6.5 Lakhs per year
Royal Sundaram General Insurance ₹3.0 Lakhs to ₹5.2 Lakhs per year
Bharti AXA Life Insurance ₹2.3 Lakhs to ₹5.4 Lakhs per year
Cholamandalam MS General Insurance ₹2.1 Lakhs to ₹6.0 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 Relationship Manager at Bajaj Capital Insurance in India?
The salary growth for a Relationship Manager at Bajaj Capital Insurance depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at Bajaj Capital Insurance:

Experience Average Salary Range
Fresher ₹1.6 Lakhs to ₹3.2 Lakhs per year
1 year ₹1.2 Lakhs to ₹5.5 Lakhs per year
2 years ₹1.8 Lakhs to ₹5.7 Lakhs per year
3 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
and so on.

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Bajaj Capital Insurance Relationship Manager salary in India ranges between ₹1.2 Lakh to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Bajaj Capital Insurance latest salaries received from various employees of Bajaj Capital Insurance.