Reliance General Insurance Mumbai Branch Service Manager Salaries by 4 Employees

4 - 6 years exp.

₹2.8 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

58% less than the average Branch Service Manager Salary in Insurance Companies for 4 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Service Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Branch Service Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Last Updated: 15 Mar 2023

Companies similar to Reliance General Insurance for Branch Service Manager in Mumbai

Reliance General Insurance Branch Service Manager Salary

4 - 6 years exp. (4 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Service Manager Salary 2 - 11 years exp. (26 salaries)	₹2.8 L/yr - ₹6 L/yr 61% more
HDFC Life Branch Service Manager Salary 0 - 6 years exp. (10 salaries)	₹1.9 L/yr - ₹3.8 L/yr At par
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IDFC FIRST Bank Branch Service Manager Salary 6 - 8 years exp. (4 salaries)	₹10 L/yr - ₹11 L/yr 257% more
Standard Chartered Branch Service Manager Salary 5 - 8 years exp. (4 salaries)	₹5 L/yr - ₹5.5 L/yr 72% more
IFB Branch Service Manager Salary 10 - 14 years exp. (3 salaries)	₹16.1 L/yr - ₹21 L/yr 462% more

Branch Service Manager salary at Reliance General Insurance ranges between ₹2.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Branch Service Manager salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

From

Branch Service Manager

₹

Lakhs/yr

1 - 11 years exp.

Regional Incharge

Salary unavailable

Branch Service Manager

1 - 11 years exp.

Sales Manager

0 - 14 years exp.

81% hike

Branch Manager

8 - 19 years exp.

93% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Reliance General Insurance

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Business Analyst Salary

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₹3.5 L/yr - ₹12.72 L/yr

Management Trainee Salary

(23 salaries)

₹4.5 L/yr - ₹7.5 L/yr

Operations Manager Salary

(19 salaries)

₹4 L/yr - ₹9 L/yr

Operations Executive Salary

(12 salaries)

₹1.5 L/yr - ₹3.15 L/yr

Sales Support Officer Salary

(6 salaries)

₹2.05 L/yr - ₹3 L/yr

Customer Support Officer Salary

(3 salaries)

₹2 L/yr - ₹3.5 L/yr

Top skills at Reliance General Insurance for Branch Service Manager

Quality Check Claims HR Administration ISO Audit Health Insurance Compliance IRDA CMS travel insurance

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

Operations Support Officer in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Feb 2025

2.0

for Salary and Benefits

Likes

I like friendly culture.

Dislikes

Salary - Average I have been working in this company since January 2022 but my salary still 22k only Promotion - Poor my opportunity was given to another person whose don't know about my product he is onroll as a deputy manager and I am still consultant.

Salary - Poor

+1 more

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Reliance General Insurance Branch Service Manager Salary FAQs

What is the salary of Branch Service Manager at Reliance General Insurance in Mumbai?

The average salary of a Branch Service Manager at Reliance General Insurance in Mumbai typically ranges from ₹2.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Branch Service Manager in Mumbai at Reliance General Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Branch Service 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 4 Reliance General Insurance employees in India.

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

The estimated take-home salary of a Branch Service Manager at Reliance General Insurance in Mumbai typically ranges from ₹21,445 to ₹23,086 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 4 years to 6 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 4 salaries received from various employees of Reliance General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Service Manager at Reliance General Insurance in Mumbai?

To be a Branch Service Manager at Reliance General Insurance in Mumbai, the key skills required include:

- Quality Check
- Claims
- HR Administration
- ISO Audit
- Health Insurance

These skills are highly valued at Reliance General Insurance and are crucial for successful performance in a Software Engineering role.

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

IFB	₹16.1 Lakhs to ₹21.0 Lakhs per year
IDFC FIRST Bank	₹10.0 Lakhs to ₹11.0 Lakhs per year
Standard Chartered	₹5.0 Lakhs to ₹5.5 Lakhs per year
ICICI Lombard General Insurance Company	₹2.8 Lakhs to ₹6.0 Lakhs per year
HDFC Life	₹1.9 Lakhs to ₹3.8 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.

How the salary growth look like for a Branch Service Manager at Reliance General Insurance in Mumbai?

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

Experience	Average Salary Range
4 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Reliance General Insurance Branch Service Manager Salaries in Mumbai

Reliance General Insurance Branch Service Manager salary in Mumbai ranges between ₹2.8 Lakhs to ₹4.5 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.