Reliance Nippon Life Insurance Branch Manager Salaries by 200+ Employees (Updated 2025)

8 - 20 years exp.

₹3.8 Lakhs - ₹10 Lakhs

Salary of majority employees

17% less than the average Branch Manager Salary in Insurance Companies for 8 - 20 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 8 - 19 years exp. (103 salaries)	₹4 L/yr - ₹10 L/yr
Sales & Business Development Branch Manager Salary 8 - 20 years exp. (70 salaries)	₹4 L/yr - ₹10 L/yr
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Marketing & Communication Branch Manager Salary 8 - 14 years exp. (9 salaries)	₹3.8 L/yr - ₹8.3 L/yr
Customer Success, Service & Operations Branch Manager Salary 9 - 14 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr
Finance & Accounting Branch Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.8 L/yr

Last Updated: 16 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 6 - 18 years exp. (275 salaries)	₹5.3 L/yr - ₹12.5 L/yr 23% more
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (312 salaries)	₹6.4 L/yr - ₹18 L/yr 59% more
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SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (170 salaries)	₹6.5 L/yr - ₹15.7 L/yr 38% more
Max Life Insurance Branch Manager Salary 8 - 19 years exp. (142 salaries)	₹7 L/yr - ₹14 L/yr 40% more	2 job openings
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 18 years exp. (129 salaries)	₹4.5 L/yr - ₹13.5 L/yr 7% more	1 job opening
Tata AIA Life Insurance Branch Manager Salary 9 - 20 years exp. (161 salaries)	₹5 L/yr - ₹17.3 L/yr 57% more	30 job openings
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (201 salaries)	₹4.5 L/yr - ₹13 L/yr 16% more	2 job openings
Aviva Life Insurance India Branch Manager Salary 7 - 22 years exp. (40 salaries)	₹7 L/yr - ₹15 L/yr 34% more
Bharti AXA Life Insurance Branch Manager Salary 7 - 18 years exp. (74 salaries)	₹5 L/yr - ₹10.5 L/yr 4% more
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 18 years exp. (214 salaries)	₹4.5 L/yr - ₹13 L/yr 17% more

View all

Branch Manager salary at Reliance Nippon Life Insurance ranges between ₹3.8 Lakhs to ₹10 Lakhs per year for employees with experience between 8 years to 20 years. Salary estimates are based on 230 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Branch Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
8 years (20 salaries)	₹4.5 L/yr - ₹9.5 L/yr
9 years (14 salaries)	₹4 L/yr - ₹9 L/yr
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10 years (26 salaries)	₹3.8 L/yr - ₹9.7 L/yr
11 years (16 salaries)	₹5 L/yr - ₹9 L/yr
12 years (33 salaries)	₹4.5 L/yr - ₹9.7 L/yr
13 years (31 salaries)	₹4.2 L/yr - ₹10 L/yr
14 years (25 salaries)	₹5.5 L/yr - ₹10 L/yr
15+ years (65 salaries)	₹4.8 L/yr - ₹10 L/yr

View all

From

Branch Manager

8 - 20 years exp.

Senior Branch Manager

₹

Lakhs/yr

7 - 17 years exp.

From

Branch Manager

8 - 20 years exp.

Cluster Manager

7 - 22 years exp.

View 1 more career path

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

(72 salaries)

₹9.5 L/yr - ₹21.4 L/yr

Sales Manager Salary

(241 salaries)

₹1.5 L/yr - ₹6 L/yr

Branch Incharge Salary

(6 salaries)

₹5.6 L/yr - ₹6.5 L/yr

Branch Head Salary

(30 salaries)

₹6 L/yr - ₹12 L/yr

Deputy Manager Salary

(64 salaries)

₹3.7 L/yr - ₹12.42 L/yr

Chief Manager Salary

(111 salaries)

₹7.9 L/yr - ₹24 L/yr

Branch Sales Manager Salary

(16 salaries)

₹2.3 L/yr - ₹7 L/yr

Senior Branch Manager Salary

(93 salaries)

₹6.5 L/yr - ₹12.33 L/yr

Deputy Branch Manager Salary

(3 salaries)

₹4 L/yr - ₹13 L/yr

Cluster Manager Salary

(40 salaries)

₹5 L/yr - ₹16.03 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 173 employees for salary & benefits

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.

Branch Manager in Varanasi

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.

Branch Manager in Chennai

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.

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

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Reliance Nippon Life Insurance Branch Manager Salary FAQs

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

Branch Manager salary at Reliance Nippon Life Insurance in India ranges between ₹3.8 Lakhs to ₹10.0 Lakhs for experience between 8 years to 20 years. According to our estimates it is 17% less than the average Branch Manager Salary in India. Salary estimates are based on 230 latest salaries received from various employees of Reliance Nippon Life Insurance India.

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

The average salary of a Branch Manager at Reliance Nippon Life Insurance is 17% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Reliance Nippon Life Insurance?

Bfsi Sales, Insurance Operations and Sales are some of the popular skills required to work as a Branch Manager at Reliance Nippon Life Insurance India.

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

Life Insurance Corporation of India Branch Manager Salary - ₹15.3 Lakhs to ₹28.0 Lakhs per year
The New India Assurance Co. Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
The Oriental Insurance Co. Branch Manager Salary - ₹11.2 Lakhs to ₹12.9 Lakhs per year
ICICI Prudential Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹18.0 Lakhs per year

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

Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹17.3 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.7 Lakhs per year
Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
PNB MetLife Branch Manager Salary - ₹6.6 Lakhs to ₹12.8 Lakhs per year

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 ranges between ₹56,515 per month to ₹57,934 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Branch Manager salary in India which ranges between ₹3.8 Lakhs to ₹10.0 Lakhs per year for employees with experience between 8 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 39% of the Reliance Nippon Life Insurance Branch Managers reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 333 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Branch Manager Salaries by Location

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Reliance Nippon Life Insurance Branch Manager Salaries

Reliance Nippon Life Insurance Branch Manager salary in India ranges between ₹3.8 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 230 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Branch Manager salaries in India

Companies similar to Reliance Nippon Life Insurance for Branch Manager

Latest annual salaries shared by Reliance Nippon Life Insurance Branch Manager

Experience wise Reliance Nippon Life Insurance Branch Manager salaries

Similar Designation salaries in Reliance Nippon Life Insurance

Top skills at Reliance Nippon Life Insurance for Branch Manager

Salary related reviews for Reliance Nippon Life Insurance

Branch Manager in Anantnag

Branch Manager in Varanasi

Branch Manager in Chennai

Assistant Branch Manager in Kolkata

Assistant Branch Manager in New Delhi

Reliance Nippon Life Insurance Branch Manager Salary FAQs

Tell us how to improve this page.

Reliance Nippon Life Insurance Branch Manager Salaries by Location