Reliance General Insurance Bancassurance Manager Salaries by 5 Employees (Updated 2025)

1 - 9 years exp.

₹3 Lakhs - ₹8.4 Lakhs

Low Confidence

Salary of majority employees

6% less than the average Bancassurance Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

Sales & Business Development Bancassurance Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Bancassurance Manager Salary 9 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹8.4 L/yr

Last Updated: 26 May 2023

Companies similar to Reliance General Insurance for Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Bancassurance Manager Salary 2 - 11 years exp. (7 salaries)	₹4.2 L/yr - ₹6.3 L/yr 4% less
Bajaj Allianz General Insurance Bancassurance Manager Salary 0 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹5.3 L/yr 26% less
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HDFC Ergo General Insurance Bancassurance Manager Salary 8 - 15 years exp. (10 salaries)	₹6 L/yr - ₹9.5 L/yr 46% more
SBI General Insurance Bancassurance Manager Salary 6 - 11 years exp. (4 salaries)	₹4.1 L/yr - ₹7.3 L/yr 13% less
Future Generali India Life Insurance Bancassurance Manager Salary 8 - 12 years exp. (5 salaries)	₹3 L/yr - ₹7.8 L/yr 29% more
Iffco Tokio General Insurance Co. Bancassurance Manager Salary 2 - 13 years exp. (4 salaries)	₹6 L/yr - ₹6.5 L/yr 19% more
HDFC Life Bancassurance Manager Salary 0 - 12 years exp. (1.2k salaries)	₹3 L/yr - ₹7 L/yr 11% more	5 job openings
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 10 years exp. (127 salaries)	₹3.5 L/yr - ₹8 L/yr 11% more
ICICI Prudential Life Insurance Bancassurance Manager Salary 0 - 10 years exp. (29 salaries)	₹2.7 L/yr - ₹5.5 L/yr 24% less
PNB MetLife Bancassurance Manager Salary 1 - 7 years exp. (15 salaries)	₹2.3 L/yr - ₹5 L/yr 25% less
Bajaj Allianz Life Insurance Bancassurance Manager Salary 2 - 9 years exp. (11 salaries)	₹2.7 L/yr - ₹3.8 L/yr 27% less
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SBI Life Insurance Company Bancassurance Manager Salary 3 - 9 years exp. (9 salaries)	₹3 L/yr - ₹5 L/yr 7% less
Aditya Birla Sun Life Insurance Bancassurance Manager Salary 0 - 9 years exp. (9 salaries)	₹2.5 L/yr - ₹5 L/yr 16% less
Aditya Birla Health Insurance Co Bancassurance Manager Salary 0 - 7 years exp. (7 salaries)	₹3.3 L/yr - ₹4.5 L/yr 21% less
Star Health & Allied Insurance Bancassurance Manager Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 38% less
Canara HSBC Life Insurance Bancassurance Manager Salary 5 - 12 years exp. (5 salaries)	₹3 L/yr - ₹10.3 L/yr 9% more

Bancassurance Manager salary at Reliance General Insurance ranges between ₹3 Lakhs to ₹8.4 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Bancassurance Manager salaries

Last Updated: 26 May 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹7.2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹8 L/yr
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3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.2 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹8.4 L/yr

View all

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Salary related reviews for Reliance General Insurance

Area Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Nov 2023

4.0

for Salary and Benefits

Likes

Depends on the Vertical and Reporting Manager. Bonus, The Remuneration part is very good

Salary - Good

Dislikes

Bonus amount has capping of 6 months. Notice period is 3 months. And Like and Dislikes depend upon the current manager.

Job security - Poor

+2 more

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Jul 2023

2.0

for Salary and Benefits

Likes

Job surity

Dislikes

...ntives criteria. Company shall pay bonus on your based performance of the year. That is no pay such a big amount and company add the clause in your bonus. If you resign before six months company shall recovered your bonus amount.

Salary - Poor

+4 more

Associate Sales Manager in Durgapur

Full Time

Sales & Operations Department

3.0

• posted on 28 Apr 2022

4.0

for Salary and Benefits

Likes

High salary

Salary - Good

+1 more

Dislikes

Too much office politics, unfair treatment from branch manager, partiality, management policies not up to mark. Low conveyance allowance and medical benefits. Unequal treatment to agents, bad claim settlement,

Job security - Poor

+4 more

Associate Sales Manager in Mumbai

Full Time

Sales Agency vertical Department

5.0

• posted on 03 Apr 2019

5.0

for Salary and Benefits

Likes

As I was fresher, to understand and learn process was a big task for me but with the help of my team & my boss it became easy. I was in sales so got an opportunity to meet different kind of people which helped me to improve my communication skills & interpersonal skills. Work environment was also good.

Salary - Excellent

+3 more

Dislikes

Work pressure is high so to maintain work-life balance is a difficult task. Compensation is decent but growth is slow.

Cluster Manager in Kolkata

Sales & Business Development Department

5.0

• posted on 02 May 2022

5.0

for Salary and Benefits

Likes

More then 10 yrs I have worked with RGICL this is not easy to job in single co. For 10 yrs but I m saying heartily this is Exilent co . Working environment is very good ' HR and senior personality is very supportive ' in time of COVOD 19 Co is good support to our employee this is very good co. In GI sector if any body wish to join ' pls join without hesitate

Salary - Excellent

+6 more

Dislikes

# Bonus is good but come to late by 2-3 three months after finishing FY # 6Months bounding after receiving Bonus ' if you change completely Bonus part have to be refund to Co.

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Reliance General Insurance Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at Reliance General Insurance?

Bancassurance Manager salary at Reliance General Insurance in India ranges between ₹3.0 Lakhs to ₹8.4 Lakhs for experience between 1 years to 9 years. According to our estimates it is 6% less than the average Bancassurance Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Reliance General Insurance India.

How does the salary of a Bancassurance Manager at Reliance General Insurance India compare with the average salary range for this job?

The average salary of a Bancassurance Manager at Reliance General Insurance is 6% less than the average salary of a Bancassurance Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance General Insurance to a Bancassurance Manager in India?

HDFC Ergo General Insurance Bancassurance Manager Salary - ₹6.0 Lakhs to ₹9.5 Lakhs per year
Future Generali India Life Insurance Bancassurance Manager Salary - ₹3.0 Lakhs to ₹7.8 Lakhs per year
Iffco Tokio General Insurance Co. Bancassurance Manager Salary - ₹6.0 Lakhs to ₹6.5 Lakhs per year
HDFC Life Bancassurance Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Bancassurance Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Bancassurance Manager in companies similar to Reliance General Insurance in India?

Canara HSBC Life Insurance Bancassurance Manager Salary - ₹3.0 Lakhs to ₹10.3 Lakhs per year
ICICI Lombard General Insurance Company Bancassurance Manager Salary - ₹4.2 Lakhs to ₹6.3 Lakhs per year
SBI Life Insurance Company Bancassurance Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
SBI General Insurance Bancassurance Manager Salary - ₹4.1 Lakhs to ₹7.3 Lakhs per year
Aditya Birla Sun Life Insurance Bancassurance Manager Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Bancassurance Manager at Reliance General Insurance in India?

The estimated take-home salary of a Bancassurance Manager at Reliance General Insurance ranges between ₹38,328 per month to ₹39,518 per month in India. The take-home salary calculation is based on the average Reliance General Insurance Bancassurance Manager salary in India which ranges between ₹3.0 Lakhs to ₹8.4 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Manager at Reliance General Insurance?

According to AmbitionBox, 40% of the Reliance General Insurance Bancassurance Managers reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Reliance General Insurance Bancassurance Manager Salaries

Reliance General Insurance Bancassurance Manager salary in India ranges between ₹3 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.