Reliance General Insurance BM Salaries by 4 Employees (Updated 2025)

10 - 13 years exp.

₹5 Lakhs - ₹6.6 Lakhs

Low Confidence

Salary of majority employees

5% more than the average BM Salary in Insurance Companies for 10 - 13 years of experience

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Last Updated: 10 Mar 2024

Companies similar to Reliance General Insurance for BM

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance BM Salary 6 - 11 years exp. (4 salaries)	₹6 L/yr - ₹7.2 L/yr 12% more
HDFC Life BM Salary 9 - 15 years exp. (6 salaries)	₹6 L/yr - ₹11.5 L/yr 55% more
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Reliance Nippon Life Insurance BM Salary 10 - 17 years exp. (5 salaries)	₹8 L/yr - ₹8.3 L/yr 37% more
Shriram Life Insurance BM Salary 5 - 27 years exp. (4 salaries)	₹2.8 L/yr - ₹6 L/yr 19% less
Aditya Birla Sun Life Insurance BM Salary 11 - 19 years exp. (4 salaries)	₹8 L/yr - ₹12.8 L/yr 84% more
Bajaj Allianz Life Insurance BM Salary 3 - 15 years exp. (4 salaries)	₹5.4 L/yr - ₹8 L/yr 12% more
SBI Life Insurance Company BM Salary 12 - 16 years exp. (4 salaries)	₹6.3 L/yr - ₹10.8 L/yr 44% more
ICICI Prudential Life Insurance BM Salary 5 - 10 years exp. (3 salaries)	₹5 L/yr - ₹6.8 L/yr 3% less

BM salary at Reliance General Insurance ranges between ₹5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance BM salaries

Last Updated: 10 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr

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Salary related reviews for Reliance General Insurance

5.0

Rated by 1 employees for salary & benefits

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

Sales Support Officer in Kolkata

SALES Department

3.0

• posted on 25 Aug 2019

2.0

for Salary and Benefits

Likes

This company’s atmosphere is very much open and you can work freely in your own way

Dislikes

Opportunity and career growth is not good enough in RGICL and many skilled employees leave RGICL for their poor salary structure specially off role employees

Salary - Poor

+5 more

Agency Sales Manager in Kolkata

Agency Manager Department

5.0

• posted on 03 Sep 2017

5.0

for Salary and Benefits

Likes

The team, the culture, the environment... I have no words to describe it... Everything was so very good

Salary - Excellent

+6 more

Dislikes

Compensation was good, though growth was slow but it was always there for the desirable candidate. Pressure will always be a part of any organization if one is in sales

Legal Consultant in Bangalore / Bengaluru

Full Time

Other Department

2.0

• posted on 22 Nov 2024

1.0

for Salary and Benefits

Likes

Celebrated festival very well work enthusiasm

Dislikes

Treat the employees like a slave's and treated as backbend officer unsatisfied with the job and they offered very poor salary but they assign too much of work, make conditions for in and out and observed too much that overall work experience is too bad

Salary - Bad

+5 more

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Reliance General Insurance BM Salary FAQs

What is the salary of BM at Reliance General Insurance?

BM salary at Reliance General Insurance in India ranges between ₹5.0 Lakhs to ₹6.6 Lakhs for experience between 10 years to 13 years. According to our estimates it is 5% more than the average BM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance General Insurance India.

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

The average salary of a BM at Reliance General Insurance is 5% more than the average salary of a BM in India. To know exact salary insights, login to view.

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

Aditya Birla Sun Life Insurance BM Salary - ₹8.0 Lakhs to ₹12.8 Lakhs per year
HDFC Life BM Salary - ₹6.0 Lakhs to ₹11.5 Lakhs per year
SBI Life Insurance Company BM Salary - ₹6.3 Lakhs to ₹10.8 Lakhs per year
Reliance Nippon Life Insurance BM Salary - ₹8.0 Lakhs to ₹8.3 Lakhs per year
Future Generali India Life Insurance BM Salary - ₹6.0 Lakhs to ₹7.2 Lakhs per year

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

Bajaj Allianz Life Insurance BM Salary - ₹5.4 Lakhs to ₹8.0 Lakhs per year
ICICI Prudential Life Insurance BM Salary - ₹5.0 Lakhs to ₹6.8 Lakhs per year
Shriram Life Insurance BM Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a BM at Reliance General Insurance ranges between ₹45,416 per month to ₹46,501 per month in India. The take-home salary calculation is based on the average Reliance General Insurance BM salary in India which ranges between ₹5.0 Lakhs to ₹6.6 Lakhs per year for employees with experience between 10 years to 13 years. Check how did we calculate take home salary?

What is the notice period for BM at Reliance General Insurance?

According to AmbitionBox, 100% of the Reliance General Insurance BMs reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance General Insurance BM Salaries

Reliance General Insurance BM salary in India ranges between ₹5 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.