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

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 - 6 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 3 - 5 years exp. (11 salaries)	₹2.6 L/yr - ₹4.3 L/yr 48% 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 - 3 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 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹4 L/yr 56% more
Tata AIA Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (68 salaries)	₹2.1 L/yr - ₹3.5 L/yr 22% more
HDFC Life Bancassurance Officer Salary 0 - 5 years exp. (67 salaries)	₹1.5 L/yr - ₹4.5 L/yr 24% more
ICICI Prudential Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (19 salaries)	₹1.5 L/yr - ₹4.5 L/yr 22% 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
Canara HSBC Life Insurance Bancassurance Officer Salary 1 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹4.1 L/yr 37% more
PNB MetLife Bancassurance Officer Salary 2 - 5 years exp. (5 salaries)	₹3 L/yr - ₹3.8 L/yr 34% 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 - 5 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

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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
HDFC Ergo General Insurance Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.3 Lakhs per year
SBI Life Insurance Company Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.0 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?

Canara HSBC Life Insurance Bancassurance Officer Salary - ₹2.5 Lakhs to ₹4.1 Lakhs per year
Aditya Birla Sun Life Insurance Bancassurance Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Bancassurance Officer Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
HDFC Life Bancassurance Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Tata AIA Life Insurance Bancassurance Officer Salary - ₹2.1 Lakhs to ₹3.5 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.