Reliance General Insurance Cluster Manager Banca Salaries by 9 Employees (Updated 2025)

11 - 17 years exp.

₹8 Lakhs - ₹10.7 Lakhs

Low Confidence

Salary of majority employees

36% more than the average Cluster Manager Banca Salary in Insurance Companies for 11 - 17 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Banca Salary 11 - 17 years exp. (6 salaries)	₹8 L/yr - ₹10.7 L/yr
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BFSI, Investments & Trading Cluster Manager Banca Salary 12 - 14 years exp. (3 salaries)	₹10 L/yr - ₹10.5 L/yr

Last Updated: 5 Mar 2025

Companies similar to Reliance General Insurance for Cluster Manager Banca

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Cluster Manager Banca Salary 2 - 14 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 4% more
HDFC Ergo General Insurance Cluster Manager Banca Salary 3 - 8 years exp. (5 salaries)	₹4.6 L/yr - ₹4.9 L/yr 51% less
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Tata AIG Cluster Manager Banca Salary 7 - 11 years exp. (3 salaries)	₹4.9 L/yr - ₹5.7 L/yr 46% less
SBI General Insurance Cluster Manager Banca Salary 12 - 17 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 10% less
Future Generali India Life Insurance Cluster Manager Banca Salary 9 - 10 years exp. (3 salaries)	₹4 L/yr - ₹13 L/yr 11% less
HDFC Life Cluster Manager Banca Salary 7 - 16 years exp. (48 salaries)	₹7 L/yr - ₹11.5 L/yr 5% less
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary 4 - 12 years exp. (42 salaries)	₹6 L/yr - ₹12.6 L/yr 20% less
Star Health & Allied Insurance Cluster Manager Banca Salary 5 - 13 years exp. (22 salaries)	₹5 L/yr - ₹9.8 L/yr 32% less
Aditya Birla Health Insurance Co Cluster Manager Banca Salary 3 - 18 years exp. (9 salaries)	₹5.1 L/yr - ₹9 L/yr 27% less
Bajaj Allianz Life Insurance Cluster Manager Banca Salary 7 - 13 years exp. (9 salaries)	₹6 L/yr - ₹10 L/yr 22% less
Reliance Nippon Life Insurance Cluster Manager Banca Salary 9 - 11 years exp. (5 salaries)	₹4.4 L/yr - ₹6 L/yr 47% less
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Tata AIA Life Insurance Cluster Manager Banca Salary 8 - 13 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr 10% less
ICICI Prudential Life Insurance Cluster Manager Banca Salary 2 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 6% more
Canara HSBC Life Insurance Cluster Manager Banca Salary 8 - 13 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 27% less
PNB MetLife Cluster Manager Banca Salary 6 - 8 years exp. (3 salaries)	₹4 L/yr - ₹5.8 L/yr 46% less

Cluster Manager Banca salary at Reliance General Insurance ranges between ₹8 Lakhs to ₹10.7 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 9 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Cluster Manager Banca salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.6 L/yr
12 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.6 L/yr
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13 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10 L/yr
14 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10 L/yr
15+ years (4 salaries)	₹8 L/yr - ₹10.7 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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Reliance General Insurance Cluster Manager Banca Salary FAQs

What is the salary of Cluster Manager Banca at Reliance General Insurance?

Cluster Manager Banca salary at Reliance General Insurance in India ranges between ₹8.0 Lakhs to ₹10.7 Lakhs for experience between 11 years to 17 years. According to our estimates it is 36% more than the average Cluster Manager Banca Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Reliance General Insurance India.

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

The average salary of a Cluster Manager Banca at Reliance General Insurance is 36% more than the average salary of a Cluster Manager Banca in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance General Insurance to a Cluster Manager Banca in India?

ICICI Prudential Life Insurance Cluster Manager Banca Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company Cluster Manager Banca Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year

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

HDFC Life Cluster Manager Banca Salary - ₹7.0 Lakhs to ₹11.5 Lakhs per year
SBI General Insurance Cluster Manager Banca Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance Cluster Manager Banca Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Future Generali India Life Insurance Cluster Manager Banca Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary - ₹6.0 Lakhs to ₹12.6 Lakhs per year

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

The estimated take-home salary of a Cluster Manager Banca at Reliance General Insurance ranges between ₹70,131 per month to ₹71,934 per month in India. The take-home salary calculation is based on the average Reliance General Insurance Cluster Manager Banca salary in India which ranges between ₹8.0 Lakhs to ₹10.7 Lakhs per year for employees with experience between 11 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager Banca at Reliance General Insurance?

According to AmbitionBox, 100% of the Reliance General Insurance Cluster Manager Bancas reported a notice period of 3 Months.This is based on 11 responses on AmbitionBox in last 2 years.

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Reliance General Insurance Cluster Manager Banca Salaries

Reliance General Insurance Cluster Manager Banca salary in India ranges between ₹8 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.