Reliance General Insurance Branch Sales Manager Salaries by 6 Employees

5 - 15 years exp.

₹2.2 Lakhs - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Branch Sales Manager Salary in Insurance Companies for 5 - 15 years of experience

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Salaries in different departments

Sales & Business Development Branch Sales Manager Salary 11 - 15 years exp. (3 salaries)	₹5 L/yr - ₹5.2 L/yr
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BFSI, Investments & Trading Branch Sales Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 8 Jun 2023

Companies similar to Reliance General Insurance for Branch Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Branch Sales Manager Salary 2 - 9 years exp. (166 salaries)	₹3 L/yr - ₹6.2 L/yr 3% more
HDFC Life Branch Sales Manager Salary 2 - 12 years exp. (48 salaries)	₹2.5 L/yr - ₹10.5 L/yr 47% more
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Tata AIA Life Insurance Branch Sales Manager Salary 1 - 9 years exp. (34 salaries)	₹4 L/yr - ₹8.2 L/yr 60% more	1 job opening
SBI Life Insurance Company Branch Sales Manager Salary 6 - 20 years exp. (24 salaries)	₹5 L/yr - ₹14.3 L/yr 116% more	2 job openings
Reliance Nippon Life Insurance Branch Sales Manager Salary 0 - 10 years exp. (16 salaries)	₹2.3 L/yr - ₹7 L/yr 6% less
ICICI Prudential Life Insurance Branch Sales Manager Salary 0 - 12 years exp. (9 salaries)	₹4.8 L/yr - ₹11.8 L/yr 71% more
ICICI Lombard General Insurance Company Branch Sales Manager Salary 9 - 16 years exp. (7 salaries)	₹5.6 L/yr - ₹12 L/yr 92% more
Tata AIG Branch Sales Manager Salary 6 - 16 years exp. (4 salaries)	₹7.8 L/yr - ₹9.5 L/yr 100% more
Aditya Birla Sun Life Insurance Branch Sales Manager Salary 4 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹8.5 L/yr 10% more
PNB MetLife Branch Sales Manager Salary 5 - 15 years exp. (4 salaries)	₹6.3 L/yr - ₹8 L/yr 67% more
Star Health & Allied Insurance Branch Sales Manager Salary 0 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹7 L/yr 10% less
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Shriram Life Insurance Branch Sales Manager Salary 5 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr 36% less

Branch Sales Manager salary at Reliance General Insurance ranges between ₹2.2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Branch Sales Manager salaries

Last Updated: 8 Jun 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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7 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
11 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
14 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
15+ years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Reliance General Insurance

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₹4 L/yr - ₹8.55 L/yr

Branch Manager Salary

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Assistant Sales Manager Salary

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₹2.5 L/yr - ₹5.95 L/yr

Area Manager Salary

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₹6.9 L/yr - ₹21 L/yr

Business Manager Salary

(133 salaries)

₹4.5 L/yr - ₹12.25 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹8.4 L/yr - ₹10.7 L/yr

Branch Head Salary

(16 salaries)

₹9.5 L/yr - ₹21.29 L/yr

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₹4.18 L/yr - ₹17.5 L/yr

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

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.

Cluster Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Dec 2022

1.0

for Salary and Benefits

Likes

...put you in unnecessary and unagreed employment bond at the time of of appraisal. It's in simple word , when you complete 1 year of hard work and eligible for bonus, they will tell you that you will have a 9 months bond. If you resign then they will hold your 3 months salary and will recover the same, so basically you alhave to serve notice without pay.

Dislikes

Nothing to like

Salary - Bad

+6 more

Sales Manager in Palakkad

Finance & Accounting Department

2.0

• posted on 15 Jun 2022

1.0

for Salary and Benefits

Likes

Of course paying incentives and salary on correct time . During covid time n all full salary was given.

Skill development - Excellent

+2 more

Dislikes

No salary hike as well as promotions,we cant exoect that. Apart from incentive you won’t get a career growth.

Salary - Bad

+1 more

see more salary related reviews

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Reliance General Insurance Branch Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at Reliance General Insurance ?

The average salary of a Branch Sales Manager at Reliance General Insurance in India typically ranges from ₹2.2 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Branch Sales Manager at Reliance General Insurance earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Branch Sales Manager Salaries at Reliance General 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 6 Reliance General Insurance employees in India.

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

The estimated take-home salary of a Branch Sales Manager at Reliance General Insurance in India typically ranges from ₹30,665 to ₹31,969 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 5 years to 15 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 6 salaries received from various employees of Reliance General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Reliance General Insurance for Branch Sales Manager in India?

SBI Life Insurance Company	₹5.0 Lakhs to ₹14.3 Lakhs per year
Tata AIG	₹7.8 Lakhs to ₹9.5 Lakhs per year
ICICI Lombard General Insurance Company	₹5.6 Lakhs to ₹12.0 Lakhs per year
ICICI Prudential Life Insurance	₹4.8 Lakhs to ₹11.8 Lakhs per year
PNB MetLife	₹6.3 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reliance General Insurance, depending on the role and experience level.

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

The salary of a Branch Sales Manager at companies similar to Reliance General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹4.0 Lakhs to ₹8.2 Lakhs per year
HDFC Life	₹2.5 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.4 Lakhs to ₹8.5 Lakhs per year
Bajaj Allianz Life Insurance	₹3.0 Lakhs to ₹6.2 Lakhs per year
Reliance Nippon Life Insurance	₹2.3 Lakhs to ₹7.0 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 Branch Sales Manager at Reliance General Insurance in India?

The salary growth for a Branch Sales Manager at Reliance General Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Sales Manager can expect the following growth trajectory at Reliance General Insurance:

Experience	Average Salary Range
5 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
7 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
8 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Reliance General Insurance Branch Sales Manager Salaries

Reliance General Insurance Branch Sales Manager salary in India ranges between ₹2.2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.