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Reliance Nippon Life Insurance Branch Manager salaries in India (Updated 2025)

Annual salary range
7 - 20 years exp.
₹3.8 Lakhs - ₹11.5 Lakhs
Salary of majority employees
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18% less than the average Branch Manager Salary in Insurance Companies for 7 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
7 - 19 years exp. (84 salaries)
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₹4 L/yr - ₹10 L/yr

Sales & Business Development
Branch Manager Salary
7 - 20 years exp. (67 salaries)
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₹4.5 L/yr - ₹11.5 L/yr

Marketing & Communication
Branch Manager Salary
8 - 14 years exp. (7 salaries)
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₹3.8 L/yr - ₹8.3 L/yr

Customer Success, Service & Operations
Branch Manager Salary
9 - 14 years exp. (3 salaries)
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₹6 L/yr - ₹8 L/yr

Finance & Accounting
Branch Manager Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹8.1 L/yr

Last Updated: 8 Mar 2025

Companies similar to Reliance Nippon Life Insurance for Branch Manager

Company name Avg Annual Salary Open Jobs
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₹6.3 L/yr - ₹18.8 L/yr

arrow icon 61% more
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HDFC Life Branch Manager Salary

6 - 18 years exp. (260 salaries)

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₹5.3 L/yr - ₹12.5 L/yr

arrow icon 23% more
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₹4 L/yr - ₹11 L/yr

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₹4.5 L/yr - ₹13 L/yr

arrow icon 18% more
3 job openings
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₹5 L/yr - ₹13 L/yr

arrow icon 16% more
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₹4.7 L/yr - ₹14.5 L/yr

arrow icon 20% more
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SBI Life Insurance Company Branch Manager Salary

7 - 24 years exp. (171 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 46% more
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Tata AIA Life Insurance Branch Manager Salary

8 - 20 years exp. (169 salaries)

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₹5 L/yr - ₹17.7 L/yr

arrow icon 59% more
13 job openings
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₹5 L/yr - ₹12 L/yr

arrow icon 17% more
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Axis Max Life Insurance Branch Manager Salary

8 - 19 years exp. (140 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 40% more
4 job openings
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₹4.5 L/yr - ₹12.1 L/yr

arrow icon 14% more
5 job openings
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₹4.5 L/yr - ₹11.3 L/yr

arrow icon 14% more
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Shriram Life Insurance Branch Manager Salary

5 - 16 years exp. (92 salaries)

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₹2.2 L/yr - ₹9.5 L/yr

arrow icon 24% less
1 job opening
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PNB MetLife Branch Manager Salary

8 - 20 years exp. (49 salaries)

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₹6.6 L/yr - ₹13.2 L/yr

arrow icon 28% more
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₹9.7 L/yr - ₹31 L/yr

arrow icon 128% more
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₹4.3 L/yr - ₹12.1 L/yr

At par
5 job openings
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₹10 L/yr - ₹18.5 L/yr

arrow icon 108% more
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SBI General Insurance Branch Manager Salary

7 - 12 years exp. (7 salaries)

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₹6.5 L/yr - ₹10.5 L/yr

arrow icon 4% more
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₹9 L/yr - ₹20 L/yr

arrow icon 106% more
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₹11.2 L/yr - ₹12.9 L/yr

arrow icon 70% more
Branch Manager salary at Reliance Nippon Life Insurance ranges between ₹3.8 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 202 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Branch Manager

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Experience wise Reliance Nippon Life Insurance Branch Manager salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
7 years  (11 salaries)

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₹5.1 L/yr - ₹8 L/yr
8 years  (16 salaries)

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₹4.5 L/yr - ₹9.5 L/yr
9 years  (11 salaries)

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₹4 L/yr - ₹8.3 L/yr
10 years  (23 salaries)

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₹3.8 L/yr - ₹10.3 L/yr
11 years  (12 salaries)

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₹5 L/yr - ₹8.8 L/yr
View all
Reliance Nippon Life Insurance Branch Manager Salary and Career Growth

From

To

Branch Manager

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7 - 20 years exp.

Senior Branch Manager

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9 - 18 years exp.

From

To

Branch Manager

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7 - 20 years exp.

Cluster Head

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12 - 19 years exp.

From

To

Branch Manager

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7 - 20 years exp.

Cluster Manager

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7 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Reliance Nippon Life Insurance

Area Manager Salary
(82 salaries)
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₹9 L/yr - ₹21.4 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Sales Manager Salary
(243 salaries)
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₹1.5 L/yr - ₹5 L/yr
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₹5.6 L/yr - ₹6.5 L/yr
Branch Head Salary
(30 salaries)
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₹6 L/yr - ₹12 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
Chief Manager Salary
(113 salaries)
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₹6.99 L/yr - ₹25 L/yr
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₹2.3 L/yr - ₹7 L/yr
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₹6.5 L/yr - ₹14 L/yr
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₹4 L/yr - ₹13 L/yr

Top skills at Reliance Nippon Life Insurance for Branch Manager

Bfsi Sales Insurance Operations Sales

Salary related reviews for Reliance Nippon Life Insurance

3.5

Rated by 177 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 27 May 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transport

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of policies and the management doesn't adress our issue. Salary is decent but career growth is slow.

read more

Sales & Business Development Department

5.0
  •  posted on 17 Feb 2020

5.0
 for  Salary and Benefits

Likes

Excellent

  • Salary - Excellent
  • +6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

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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

read more
  • Salary - Bad
  • +5 more

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.

read more

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.

read more
  • Promotions - Poor
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Reliance Nippon Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Reliance Nippon Life Insurance ?
The average salary of a Branch Manager at Reliance Nippon Life Insurance in India typically ranges from ₹3.8 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 7 years to 20 years).

The top 10% of Branch Manager at Reliance Nippon Life Insurance earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹10.1 Lakhs per year. Branch Manager 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 200+ Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Branch Manager at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Branch Manager at Reliance Nippon Life Insurance in India typically ranges from ₹56,289 to ₹57,701 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 7 years to 20 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 200+ salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Manager at Reliance Nippon Life Insurance ?
To be a Branch Manager at Reliance Nippon Life Insurance in india, the key skills required include:

  • - Bfsi Sales
  • - Insurance Operations
  • - Sales

These skills are highly valued at Reliance Nippon Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Branch Manager in India?
Life Insurance Corporation of India ₹9.7 Lakhs to ₹31.0 Lakhs per year
The New India Assurance Co. ₹10.0 Lakhs to ₹18.5 Lakhs per year
United India Insurance Company ₹9.0 Lakhs to ₹20.0 Lakhs per year
The Oriental Insurance Co. ₹11.2 Lakhs to ₹12.9 Lakhs per year
ICICI Prudential Life Insurance ₹6.3 Lakhs to ₹18.8 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 Manager in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Branch Manager 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:

Tata AIA Life Insurance ₹5.0 Lakhs to ₹17.7 Lakhs per year
SBI Life Insurance Company ₹6.5 Lakhs to ₹16.0 Lakhs per year
Axis Max Life Insurance ₹7.0 Lakhs to ₹14.0 Lakhs per year
PNB MetLife ₹6.6 Lakhs to ₹13.2 Lakhs per year
HDFC Life ₹5.3 Lakhs to ₹12.5 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 Branch Manager at Reliance Nippon Life Insurance in India?
The salary growth for a Branch Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
7 years ₹5.1 Lakhs to ₹8.0 Lakhs per year
8 years ₹4.5 Lakhs to ₹9.5 Lakhs per year
9 years ₹4.0 Lakhs to ₹8.3 Lakhs per year
10 years ₹3.8 Lakhs to ₹10.3 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Branch Manager salary in India ranges between ₹3.8 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 202 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.