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
HDFC Life Cluster Manager Banca Salary 7 - 16 years exp. (46 salaries)	₹7 L/yr - ₹11.5 L/yr 5% less
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary 4 - 12 years exp. (41 salaries)	₹6 L/yr - ₹12.6 L/yr 18% less
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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
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
SBI General Insurance Cluster Manager Banca Salary 12 - 17 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 10% less
ICICI Lombard General Insurance Company Cluster Manager Banca Salary 2 - 14 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 4% more
Canara HSBC Life Insurance Cluster Manager Banca Salary 8 - 13 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 27% 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
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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Reliance General Insurance Cluster Manager Banca Salary FAQs

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

The average salary of a Cluster Manager Banca at Reliance General Insurance in India typically ranges from ₹8.0 Lakhs to ₹10.7 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Cluster Manager Banca at Reliance General Insurance earn more than ₹10.7 Lakhs per year, and the top 1% earn over ₹10.7 Lakhs per year. Cluster Manager Banca 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 9 Reliance General Insurance employees in India.

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 in India typically ranges from ₹70,131 to ₹71,934 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from 11 years to 17 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 9 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 Cluster Manager Banca in India?

ICICI Prudential Life Insurance	₹6.5 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company	₹8.0 Lakhs to ₹12.0 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 Cluster Manager Banca in companies similar to Reliance General Insurance in India?

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

HDFC Life	₹7.0 Lakhs to ₹11.5 Lakhs per year
SBI General Insurance	₹7.5 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance	₹7.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.0 Lakhs to ₹12.6 Lakhs per year
Bajaj Allianz Life Insurance	₹6.0 Lakhs to ₹10.0 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 Cluster Manager Banca at Reliance General Insurance in India?

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

Experience	Average Salary Range
11 years	₹3.9 Lakhs to ₹10.6 Lakhs per year
12 years	₹3.9 Lakhs to ₹10.6 Lakhs per year
13 years	₹3.9 Lakhs to ₹10.0 Lakhs per year
14 years	₹3.9 Lakhs to ₹10.0 Lakhs per year

and so on.

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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.