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Reliance Nippon Life Insurance BDM salaries in India (Updated 2025)

Annual salary range
3 - 9 years exp.
₹3.2 Lakhs - ₹4.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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26% less than the average BDM Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

Sales & Business Development
BDM Salary
3 - 4 years exp. (3 salaries)
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₹3.6 L/yr - ₹4 L/yr

BFSI, Investments & Trading
BDM Salary
6 - 9 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.5 L/yr

Last Updated: 18 Feb 2025

Companies similar to Reliance Nippon Life Insurance for BDM

Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company BDM Salary

2 - 10 years exp. (177 salaries)

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₹1.9 L/yr - ₹6.5 L/yr

arrow icon 16% more
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HDFC Life BDM Salary

0 - 10 years exp. (168 salaries)

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₹2 L/yr - ₹4.3 L/yr

arrow icon 11% less
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SBI General Insurance BDM Salary

1 - 7 years exp. (44 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 11% less
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Bajaj Allianz Life Insurance BDM Salary

0 - 13 years exp. (26 salaries)

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₹3.4 L/yr - ₹5.2 L/yr

arrow icon 13% more
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Bajaj Allianz General Insurance BDM Salary

2 - 16 years exp. (8 salaries)

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₹4 L/yr - ₹6.8 L/yr

arrow icon 50% more
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Aditya Birla Sun Life Insurance BDM Salary

1 - 10 years exp. (7 salaries)

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₹3 L/yr - ₹5.8 L/yr

arrow icon 9% more
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Aditya Birla Health Insurance Co BDM Salary

4 - 13 years exp. (7 salaries)

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₹3.3 L/yr - ₹5.5 L/yr

arrow icon 16% more
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Axis Max Life Insurance BDM Salary

1 - 12 years exp. (6 salaries)

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₹3.4 L/yr - ₹7.2 L/yr

arrow icon 35% more
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Shriram Life Insurance BDM Salary

0 - 9 years exp. (6 salaries)

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₹2.2 L/yr - ₹6.2 L/yr

arrow icon 4% less
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Tata AIA Life Insurance BDM Salary

3 - 11 years exp. (5 salaries)

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₹2.8 L/yr - ₹3.3 L/yr

arrow icon 22% less
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ICICI Prudential Life Insurance BDM Salary

1 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 20% less
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 29% less
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₹1.9 L/yr - ₹6.6 L/yr

arrow icon 5% less
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Kotak Mahindara Life Insurance BDM Salary

0 - 17 years exp. (4 salaries)

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₹4.5 L/yr - ₹8.8 L/yr

arrow icon 82% more
BDM salary at Reliance Nippon Life Insurance ranges between ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance BDM

3d ago
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4 years exp.
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Experience wise Reliance Nippon Life Insurance BDM salaries

Last Updated: 18 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

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₹1.05 L/yr - ₹4 L/yr
Ardm Salary
(177 salaries)
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₹1.5 L/yr - ₹4.32 L/yr
Sales Executive Salary
(142 salaries)
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₹0.95 L/yr - ₹4 L/yr
Managing Partner Salary
(116 salaries)
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₹3 L/yr - ₹6 L/yr
Chief Manager Salary
(114 salaries)
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₹6.99 L/yr - ₹25 L/yr
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₹1.3 L/yr - ₹3.4 L/yr
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₹3.6 L/yr - ₹5 L/yr
Area Manager Salary
(84 salaries)
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₹9 L/yr - ₹21.4 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
Team Lead Salary
(43 salaries)
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₹2.4 L/yr - ₹4.6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.4

Rated by 3 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 16 Mar 2025

2.0
 for  Salary and Benefits

Likes

I have a love-hate relationship with working here because I learn something new every day. Whether it’s the latest updates, training sessions, new products, or communication skills training, there’s always something valuable to gain. Plus, the amazing deals make it even better. As I’m so comfortable too cuz of good faculty and better understanding between colleagues and senior staff that helps me very well to manage home and office both

read more
  • Skill development - Excellent
  • +4 more

Dislikes

...n. Promotion is extremely difficult to achieve, and there is a risk of demotion. Additionally, salary increases are minimal and progress very slowly, which can be discouraging for those looking to advance financially.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 04 Jun 2023

4.0
 for  Salary and Benefits

Likes

The rahe away Salary is good.

  • Salary - Good
  • +2 more

Dislikes

Pathetic Infra & Admin work. No neat & clean offices. No Office Decorum. No RO & Coffee machine. AC not working properly & few out of service. Untidy & Dirty Meeting Room. Senior Employee chewing Paan & Masala openly in office premises.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Aug 2023

3.0
 for  Salary and Benefits

Likes

Salary on time, this is the only matter to be liked.

Dislikes

1. Salary Deduction in Operation Department if your target not meet. 2. Office timing doesn't matter. There is Extension on regular basis. You have to work on Sunday also. 3. Too much conference calls.

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 30 Mar 2023

3.0
 for  Salary and Benefits

Likes

Good for married women

Dislikes

Office management and Branch manager doesnt know how to talk with women. Its seems like Manager give salary not company. Office timings are strick but after office hours manager keeps on zoom meeting or force to do jobs and meetings to fullfill manager criteria. After resignation and whole process of notice period Hr cannot provide relieving letter and aslo not answer emails.

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 09 May 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Great place to work

see more salary related reviews

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Reliance Nippon Life Insurance BDM Salary FAQs

What is the salary of BDM at Reliance Nippon Life Insurance ?
The average salary of a BDM at Reliance Nippon Life Insurance in India typically ranges from ₹3.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of BDM at Reliance Nippon Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. BDM Salaries at Reliance Nippon Life 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 5 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a BDM at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a BDM at Reliance Nippon Life Insurance in India typically ranges from ₹28,645 to ₹30,029 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 9 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 5 salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Reliance Nippon Life Insurance for BDM in India?
Kotak Mahindara Life Insurance ₹4.5 Lakhs to ₹8.8 Lakhs per year
Bajaj Allianz General Insurance ₹4.0 Lakhs to ₹6.8 Lakhs per year
Axis Max Life Insurance ₹3.4 Lakhs to ₹7.2 Lakhs per year
SBI Life Insurance Company ₹1.9 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Health Insurance Co ₹3.3 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reliance Nippon Life Insurance, depending on the role and experience level.
What is the salary of a BDM in companies similar to Reliance Nippon Life Insurance in India?
The salary of a BDM at companies similar to Reliance Nippon Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹3.4 Lakhs to ₹5.2 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.0 Lakhs to ₹5.8 Lakhs per year
Shriram Life Insurance ₹2.2 Lakhs to ₹6.2 Lakhs per year
ICICI Lombard General Insurance Company ₹1.9 Lakhs to ₹6.6 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹4.5 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 BDM at Reliance Nippon Life Insurance in India?
The salary growth for a BDM at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a BDM can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
3 years ₹1.4 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.6 Lakhs to ₹3.8 Lakhs per year
5 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
6 years ₹3.2 Lakhs to ₹7.0 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance BDM salary in India ranges between ₹3.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.