Reliance General Insurance Bancassurance Officer Salaries by 5 Employees (Updated 2024)

3 - 7 years exp.

₹2.1 Lakhs - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Bancassurance Officer Salary in Insurance Companies for 3 - 7 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Reliance General Insurance for Bancassurance Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Bancassurance Officer Salary 1 - 7 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 43% more
Bajaj Allianz General Insurance Bancassurance Officer Salary 1 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹3 L/yr 2% less
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HDFC Ergo General Insurance Bancassurance Officer Salary 2 - 6 years exp. (12 salaries)	₹2.5 L/yr - ₹4.3 L/yr 44% more
Tata AIG Bancassurance Officer Salary 1 - 9 years exp. (4 salaries)	₹1.7 L/yr - ₹5.2 L/yr 81% more
SBI General Insurance Bancassurance Officer Salary 2 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 9% more
Future Generali India Life Insurance Bancassurance Officer Salary 1 - 9 years exp. (15 salaries)	₹1.7 L/yr - ₹3 L/yr 6% less
Iffco Tokio General Insurance Co. Bancassurance Officer Salary 2 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹4 L/yr 56% more
Tata AIA Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (69 salaries)	₹2.1 L/yr - ₹3.5 L/yr 17% more
HDFC Life Bancassurance Officer Salary 1 - 6 years exp. (62 salaries)	₹1.6 L/yr - ₹5.5 L/yr 30% more
ICICI Prudential Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (19 salaries)	₹1.5 L/yr - ₹4.3 L/yr 20% more
Aditya Birla Sun Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (13 salaries)	₹2.3 L/yr - ₹4 L/yr 37% more
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Bajaj Allianz Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.3 L/yr 19% more
Star Union Dai-ichi Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (7 salaries)	₹2.2 L/yr - ₹3.1 L/yr 13% more
PNB MetLife Bancassurance Officer Salary 1 - 5 years exp. (7 salaries)	₹2.7 L/yr - ₹3.8 L/yr 29% more
Canara HSBC Life Insurance Bancassurance Officer Salary 1 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹4.1 L/yr 37% more
SBI Life Insurance Company Bancassurance Officer Salary 1 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4 L/yr 47% more
Shriram Life Insurance Bancassurance Officer Salary 3 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 13% less

Bancassurance Officer salary at Reliance General Insurance ranges between ₹2.1 Lakhs to ₹2.6 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Bancassurance Officer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.1 L/yr
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5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.6 L/yr

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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

Dislikes

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

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.

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

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,

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.

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

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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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance General Insurance Bancassurance Officer Salary FAQs

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

Bancassurance Officer salary at Reliance General Insurance in India ranges between ₹2.1 Lakhs to ₹2.6 Lakhs for experience between 3 years to 7 years. According to our estimates it is 19% less than the average Bancassurance Officer 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 Officer at Reliance General Insurance India compare with the average salary range for this job?

The average salary of a Bancassurance Officer at Reliance General Insurance is 19% less than the average salary of a Bancassurance Officer in India. To know exact salary insights, login to view.

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

Tata AIG Bancassurance Officer Salary - ₹1.7 Lakhs to ₹5.2 Lakhs per year
Iffco Tokio General Insurance Co. Bancassurance Officer Salary - ₹3.3 Lakhs to ₹4.0 Lakhs per year
SBI Life Insurance Company Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
HDFC Ergo General Insurance Bancassurance Officer Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year
ICICI Lombard General Insurance Company Bancassurance Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year

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

Aditya Birla Sun Life Insurance Bancassurance Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
Canara HSBC Life Insurance Bancassurance Officer Salary - ₹2.5 Lakhs to ₹4.1 Lakhs per year
HDFC Life Bancassurance Officer Salary - ₹1.6 Lakhs to ₹5.5 Lakhs per year
PNB MetLife Bancassurance Officer Salary - ₹2.7 Lakhs to ₹3.8 Lakhs per year
ICICI Prudential Life Insurance Bancassurance Officer Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year

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

The estimated take-home salary of a Bancassurance Officer at Reliance General Insurance ranges between ₹15,981 per month to ₹17,634 per month in India. The take-home salary calculation is based on the average Reliance General Insurance Bancassurance Officer salary in India which ranges between ₹2.1 Lakhs to ₹2.6 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Reliance General Insurance Bancassurance Officers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance General Insurance Bancassurance Officer Salaries

Reliance General Insurance Bancassurance Officer salary in India ranges between ₹2.1 Lakhs to ₹2.6 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.