Reliance Nippon Life Insurance Bangalore / Bengaluru Branch Manager Salaries by 10+ Employees (Updated 2024)

8 - 14 years exp.

₹6 Lakhs - ₹10 Lakhs

Salary of majority employees

26% less than the average Branch Manager Salary in Insurance Companies for 8 - 14 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 10 - 14 years exp. (6 salaries)	₹6 L/yr - ₹10 L/yr
Sales & Business Development Branch Manager Salary 11 - 14 years exp. (6 salaries)	₹6.3 L/yr - ₹10 L/yr
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Customer Success, Service & Operations Branch Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹8.3 L/yr

Last Updated: 2 Aug 2024

Companies similar to Reliance Nippon Life Insurance for Branch Manager in Bangalore / Bengaluru

Reliance Nippon Life Insurance Branch Manager Salary

8 - 14 years exp. (17 salaries)

₹6 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 8 - 16 years exp. (24 salaries)	₹6.8 L/yr - ₹11 L/yr 21% more
ICICI Prudential Life Insurance Branch Manager Salary 8 - 16 years exp. (11 salaries)	₹6.3 L/yr - ₹14.9 L/yr 59% more
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SBI Life Insurance Company Branch Manager Salary 7 - 16 years exp. (7 salaries)	₹8.5 L/yr - ₹12 L/yr 42% more
Max Life Insurance Branch Manager Salary 11 - 15 years exp. (5 salaries)	₹10 L/yr - ₹12.7 L/yr 50% more	3 job openings
Tata AIA Life Insurance Branch Manager Salary 8 - 20 years exp. (11 salaries)	₹7.6 L/yr - ₹15.5 L/yr 52% more	17 job openings
Kotak Mahindara Life Insurance Branch Manager Salary 4 - 15 years exp. (25 salaries)	₹5.3 L/yr - ₹11.1 L/yr 16% more
Aviva Life Insurance India Branch Manager Salary 13 - 20 years exp. (3 salaries)	₹9.3 L/yr - ₹13 L/yr 47% more
ICICI Lombard General Insurance Company Branch Manager Salary 6 - 15 years exp. (9 salaries)	₹6.2 L/yr - ₹11.2 L/yr 1% more	1 job opening
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 9 years exp. (8 salaries)	₹6 L/yr - ₹10 L/yr 17% more
Star Health & Allied Insurance Branch Manager Salary 9 - 17 years exp. (7 salaries)	₹5.8 L/yr - ₹10.1 L/yr At par	3 job openings
Aditya Birla Health Insurance Co Branch Manager Salary 7 - 13 years exp. (6 salaries)	₹8 L/yr - ₹10.5 L/yr 16% more
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Shriram Life Insurance Branch Manager Salary 6 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹10 L/yr 7% less	1 job opening

Branch Manager salary at Reliance Nippon Life Insurance ranges between ₹6 Lakhs to ₹10 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 17 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Branch Manager salaries in Bangalore / Bengaluru

Last Updated: 2 Aug 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.4 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.8 L/yr
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10 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.1 L/yr
11 years (3 salaries)	₹6.3 L/yr - ₹8.5 L/yr
12 years (3 salaries)	₹6.3 L/yr - ₹9.1 L/yr
13 years (5 salaries)	₹6.3 L/yr - ₹10 L/yr
14 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Reliance Nippon Life Insurance

Senior Branch Manager Salary

(3 salaries)

₹9.5 L/yr - ₹10.5 L/yr

Area Manager Salary

(3 salaries)

₹10.5 L/yr - ₹18 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

4.3

Rated by 6 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.

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

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

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 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.

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

Dislikes

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance Nippon Life Insurance Branch Manager Salary FAQs

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

Branch Manager salary at Reliance Nippon Life Insurance in Bangalore / Bengaluru ranges between ₹6.0 Lakhs to ₹10.0 Lakhs for experience between 8 years to 14 years. According to our estimates it is 26% less than the average Branch Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Reliance Nippon Life Insurance Bangalore / Bengaluru.

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

The average salary of a Branch Manager at Reliance Nippon Life Insurance is 26% less than the average salary of a Branch Manager in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.

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

ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹14.9 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹7.6 Lakhs to ₹15.5 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹10.0 Lakhs to ₹12.7 Lakhs per year
Aviva Life Insurance India Branch Manager Salary - ₹9.3 Lakhs to ₹13.0 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year

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

HDFC Life Branch Manager Salary - ₹6.8 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Health Insurance Co Branch Manager Salary - ₹8.0 Lakhs to ₹10.5 Lakhs per year
Kotak Mahindara Life Insurance Branch Manager Salary - ₹5.3 Lakhs to ₹11.1 Lakhs per year
ICICI Lombard General Insurance Company Branch Manager Salary - ₹6.2 Lakhs to ₹11.2 Lakhs per year

What is the estimated take home salary of a Branch Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Branch Manager at Reliance Nippon Life Insurance ranges between ₹57,092 per month to ₹58,526 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Branch Manager salary in India which ranges between ₹6.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 8 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Reliance Nippon Life Insurance in Bangalore / Bengaluru?

According to AmbitionBox, 50% of the Reliance Nippon Life Insurance Branch Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Branch Manager Salaries in Bangalore / Bengaluru

Reliance Nippon Life Insurance Branch Manager salary in Bangalore / Bengaluru ranges between ₹6 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Branch Manager salaries in Bangalore / Bengaluru

Companies similar to Reliance Nippon Life Insurance for Branch Manager in Bangalore / Bengaluru

Latest annual salaries shared by Reliance Nippon Life Insurance Branch Manager in Bangalore / Bengaluru

Experience wise Reliance Nippon Life Insurance Branch Manager salaries in Bangalore / Bengaluru

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 New Delhi

Sales Manager in Goalpara

Reliance Nippon Life Insurance Branch Manager Salary FAQs

Tell us how to improve this page.