Reliance Nippon Life Insurance ASM Salaries by 8 Employees (Updated 2025)

1 - 13 years exp.

₹2 Lakhs - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

67% less than the average ASM Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading ASM Salary 1 - 10 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr
Sales & Business Development ASM Salary 3 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr
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Marketing & Communication ASM Salary 13 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr

Last Updated: 10 Oct 2023

Companies similar to Reliance Nippon Life Insurance for ASM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance ASM Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹4.9 L/yr 95% more
HDFC Life ASM Salary 0 - 8 years exp. (58 salaries)	₹2.7 L/yr - ₹5 L/yr 58% more
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Max Life Insurance ASM Salary 1 - 9 years exp. (123 salaries)	₹2.3 L/yr - ₹4.8 L/yr 52% more
Bajaj Allianz Life Insurance ASM Salary 1 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr 9% less
Tata AIA Life Insurance ASM Salary 4 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr 66% more
Life Insurance Corporation of India ASM Salary 7 - 8 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 76% more
Aditya Birla Sun Life Insurance ASM Salary 0 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.5 L/yr 14% more
Aditya Birla Health Insurance Co ASM Salary 1 - 6 years exp. (18 salaries)	₹2.2 L/yr - ₹4.5 L/yr 31% more
HDFC Ergo General Insurance ASM Salary 0 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹10.5 L/yr 107% more
ICICI Lombard General Insurance Company ASM Salary 5 - 9 years exp. (3 salaries)	₹7.6 L/yr - ₹30 L/yr 655% more
Bajaj Allianz General Insurance ASM Salary 4 - 15 years exp. (3 salaries)	₹5.7 L/yr - ₹9 L/yr 201% more
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ASM salary at Reliance Nippon Life Insurance ranges between ₹2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 8 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance ASM salaries

Last Updated: 10 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.4 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.4 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.5 L/yr
11 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
12 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.8 L/yr
13 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.8 L/yr

View all

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Senior Territory Manager Salary

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Key Relationship Manager Salary

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Salary related reviews for Reliance Nippon Life Insurance

2.1

Rated by 5 employees for salary & benefits

Senior Territory Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jan 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Worst leadership, one can never expect 100℅ in hand salary, they are on a deduction spree upto ARDM & Branch Manager Level. Lowest commission to agents, renewal commission to agents gets a 75℅ deductions. End number of con calls Immature leaders don't have the skills to lead. So many clauses which is directly affecting attrition to the highest level

Salary - Poor

+6 more

Agency Development Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

1.0

for Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

Salary - Bad

+6 more

Assistant Branch Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 23 Dec 2024

1.0

for Salary and Benefits

Dislikes

No specifications and job clarity for the role of ABM and salary deduction as per company's discrition which do not bring any corporate feelings to employees it seems they are working in a grocery shop not in corporate

Salary - Bad

+5 more

Key Relationship Manager in Jammu

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

Skill development - Good

+3 more

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

Promotions - Poor

Assistant Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

I am working in Face to Face channel that concept is good & that channel work on women Empowerment when I hired that women & groom also that movement feel good when she earn self respect from society. Salary always give on time.

Dislikes

Salary package less Promotion option Nil On Festival like Diwali even not give single rupee gift even . PLI stop from last year No support on Stationery & Housekeeping materials.

Promotions - Poor

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Reliance Nippon Life Insurance ASM Salary FAQs

What is the salary of ASM at Reliance Nippon Life Insurance?

ASM salary at Reliance Nippon Life Insurance in India ranges between ₹2.0 Lakhs to ₹2.8 Lakhs for experience between 1 years to 13 years. According to our estimates it is 67% less than the average ASM Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Reliance Nippon Life Insurance India.

How does the salary of a ASM at Reliance Nippon Life Insurance India compare with the average salary range for this job?

The average salary of a ASM at Reliance Nippon Life Insurance is 67% less than the average salary of a ASM in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance Nippon Life Insurance to a ASM in India?

ICICI Lombard General Insurance Company ASM Salary - ₹7.6 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz General Insurance ASM Salary - ₹5.7 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance ASM Salary - ₹3.2 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance ASM Salary - ₹4.5 Lakhs to ₹4.9 Lakhs per year
Life Insurance Corporation of India ASM Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year

What is the salary of a ASM in companies similar to Reliance Nippon Life Insurance in India?

Tata AIA Life Insurance ASM Salary - ₹4.0 Lakhs to ₹4.3 Lakhs per year
HDFC Life ASM Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
Max Life Insurance ASM Salary - ₹2.3 Lakhs to ₹4.8 Lakhs per year
Aditya Birla Health Insurance Co ASM Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance ASM Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a ASM at Reliance Nippon Life Insurance in India?

The estimated take-home salary of a ASM at Reliance Nippon Life Insurance ranges between ₹17,171 per month to ₹18,876 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance ASM salary in India which ranges between ₹2.0 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

What is the notice period for ASM at Reliance Nippon Life Insurance?

According to AmbitionBox, 86% of the Reliance Nippon Life Insurance ASMs reported a notice period of 15 days or less, 14% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance ASM Salaries

Reliance Nippon Life Insurance ASM salary in India ranges between ₹2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.