Reliance Nippon Life Insurance Branch Incharge Salaries by 6 Employees

10 - 14 years exp.

₹5.6 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

36% more than the average Branch Incharge Salary in Insurance Companies for 10 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Incharge Salary 10 - 14 years exp. (4 salaries)	₹5.6 L/yr - ₹6.3 L/yr
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Sales & Business Development Branch Incharge Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr

Last Updated: 24 Dec 2023

Companies similar to Reliance Nippon Life Insurance for Branch Incharge

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Incharge Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹6 L/yr 29% less
Tata AIA Life Insurance Branch Incharge Salary 6 - 17 years exp. (7 salaries)	₹3.8 L/yr - ₹5.5 L/yr 21% less
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ICICI Lombard General Insurance Company Branch Incharge Salary 5 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹6.9 L/yr 15% less
Shriram Life Insurance Branch Incharge Salary 4 - 8 years exp. (4 salaries)	₹2 L/yr - ₹2.6 L/yr 60% less
Bajaj Allianz General Insurance Branch Incharge Salary 4 - 11 years exp. (4 salaries)	₹2 L/yr - ₹8 L/yr 16% less
HDFC Life Branch Incharge Salary 9 - 15 years exp. (4 salaries)	₹6.7 L/yr - ₹12.5 L/yr 79% more
Bajaj Allianz Life Insurance Branch Incharge Salary 4 - 17 years exp. (3 salaries)	₹4 L/yr - ₹7 L/yr 1% more
Star Health & Allied Insurance Branch Incharge Salary 5 - 7 years exp. (3 salaries)	₹3.4 L/yr - ₹8.5 L/yr 11% less

Branch Incharge salary at Reliance Nippon Life Insurance ranges between ₹5.6 Lakhs to ₹6.5 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Branch Incharge salaries

Last Updated: 24 Dec 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
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12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹6 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

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

Sales Manager in Goalpara

Full Time

Sales & Business Development Department

5.0

• posted on 02 Oct 2022

5.0

for Salary and Benefits

Likes

This a good platform to grow up.. Salary and incentives are pretty good...it was a great experience to work with this RNLIC organization

Salary - Excellent

+5 more

Dislikes

The Branch Manager of Goalpara Branch is neither a good leader nor a good human being

Business Development Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Aug 2017

2.0

for Salary and Benefits

Likes

Teammates and Immediate supervisor was excellent

Skill development - Good

Dislikes

You have to only work and there is no such compensation rather the higher management was horrible and worst, they only know how to fill there pockets not the base levels

Salary - Poor

+3 more

Branch Manager in Anantnag

Sales & Business Development Department

4.0

• posted on 23 Jun 2022

5.0

for Salary and Benefits

Likes

Good work culture and environment. Transparent management supportive team. Company policies are good, bonus every month.

Salary - Excellent

+5 more

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

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Shifting from Bangalore to Hyderabad

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Reliance Nippon Life Insurance Branch Incharge Salary FAQs

What is the salary of Branch Incharge at Reliance Nippon Life Insurance ?

The average salary of a Branch Incharge at Reliance Nippon Life Insurance in India typically ranges from ₹5.6 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Branch Incharge at Reliance Nippon Life Insurance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Branch Incharge 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 6 Reliance Nippon Life Insurance employees in India.

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

The estimated take-home salary of a Branch Incharge at Reliance Nippon Life Insurance in India typically ranges from ₹43,863 to ₹44,971 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 10 years to 14 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 6 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 Branch Incharge in India?

HDFC Life	₹6.7 Lakhs to ₹12.5 Lakhs per year
Bajaj Allianz Life Insurance	₹4.0 Lakhs to ₹7.0 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 Branch Incharge in companies similar to Reliance Nippon Life Insurance in India?

The salary of a Branch Incharge 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:

Star Health & Allied Insurance	₹3.4 Lakhs to ₹8.5 Lakhs per year
ICICI Lombard General Insurance Company	₹3.3 Lakhs to ₹6.9 Lakhs per year
Bajaj Allianz General Insurance	₹2.0 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance	₹3.8 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹6.0 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 Branch Incharge at Reliance Nippon Life Insurance in India?

The salary growth for a Branch Incharge at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Incharge can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience	Average Salary Range
10 years	₹2.4 Lakhs to ₹6.5 Lakhs per year
11 years	₹2.4 Lakhs to ₹6.3 Lakhs per year
12 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
13 years	₹5.6 Lakhs to ₹10.3 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Branch Incharge Salaries

Reliance Nippon Life Insurance Branch Incharge salary in India ranges between ₹5.6 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.