Reliance General Insurance Indore Sales Manager Bancassurance Salaries by 3 Employees

7 - 10 years exp.

₹5.7 Lakhs - ₹6.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% more than the average Sales Manager Bancassurance Salary in Insurance Companies for 7 - 10 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Bancassurance Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr
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BFSI, Investments & Trading Sales Manager Bancassurance Salary 9 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.5 L/yr

Last Updated: 16 Mar 2023

Sales Manager Bancassurance salary at Reliance General Insurance ranges between ₹5.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Sales Manager Bancassurance salaries in Indore

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr

Similar Designation salaries in Reliance General Insurance

Associate Sales Manager Salary

(9 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Top skills at Reliance General Insurance for Sales Manager Bancassurance

Bancassurance Sales Management Insurance Profitability DSA Training Dealing Banking banca Claims Health Insurance IRDA travel insurance Underwriting Market Research

Salary related reviews for Reliance General Insurance

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.

Associate Sales Manager in Goregaon

Agency Department

1.0

• posted on 26 Aug 2022

5.0

for Salary and Benefits

Likes

They give good salary and other benifits

Salary - Excellent

Dislikes

Culture,Wrost managemant system, HR dont help for anything, Management are very poor , They not listen employee they listen. only Team leaders. No job security. No value of employee. Threatening. If any employee employee wants to raise voice for something wrong with his/her the management supperss aur voice.

Skill development - Bad

+4 more

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

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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 Sales Manager Bancassurance Salary FAQs

How the salary growth look like for a Sales Manager Bancassurance at Reliance General Insurance in Indore?

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

Experience	Average Salary Range
7 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
8 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
9 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
10 years	₹5.7 Lakhs to ₹7.3 Lakhs per year

and so on.

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Reliance General Insurance Sales Manager Bancassurance Salaries in Indore

Reliance General Insurance Sales Manager Bancassurance salary in Indore ranges between ₹5.7 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.