Reliance Nippon Life Insurance Lucknow Branch Manager Salaries by 20+ Employees

7 - 19 years exp.

₹4 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average Branch Manager Salary in Insurance Companies for 7 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 7 - 16 years exp. (10 salaries)	₹4 L/yr - ₹10 L/yr
Sales & Business Development Branch Manager Salary 8 - 19 years exp. (10 salaries)	₹6.5 L/yr - ₹9 L/yr
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Customer Success, Service & Operations Branch Manager Salary 14 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹8 L/yr

Last Updated: 21 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Branch Manager in Lucknow

Reliance Nippon Life Insurance Branch Manager Salary

7 - 19 years exp. (23 salaries)

₹4 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Manager Salary 5 - 16 years exp. (18 salaries)	₹7.3 L/yr - ₹16 L/yr 66% more
Axis Max Life Insurance Branch Manager Salary 8 - 18 years exp. (10 salaries)	₹7.5 L/yr - ₹12 L/yr 38% more	1 job opening
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Tata AIA Life Insurance Branch Manager Salary 8 - 19 years exp. (10 salaries)	₹8.8 L/yr - ₹15.5 L/yr 65% more	13 job openings
Aditya Birla Sun Life Insurance Branch Manager Salary 7 - 10 years exp. (4 salaries)	₹7 L/yr - ₹9.5 L/yr 19% more
Aditya Birla Health Insurance Co Branch Manager Salary 8 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹11 L/yr 21% more
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 15 years exp. (4 salaries)	₹8.3 L/yr - ₹11.5 L/yr 14% more	24 job openings
Shriram Life Insurance Branch Manager Salary 10 - 15 years exp. (3 salaries)	₹4.5 L/yr - ₹7.5 L/yr 17% less	2 job openings

Branch Manager salary at Reliance Nippon Life Insurance ranges between ₹4 Lakhs to ₹10 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 23 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Branch Manager salaries in Lucknow

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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9 years (3 salaries)	₹4 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
14 years (4 salaries)	₹7.3 L/yr - ₹10 L/yr
15+ years (7 salaries)	₹7 L/yr - ₹9.1 L/yr

View all

From

Branch Manager

7 - 19 years exp.

Senior Branch Manager

9 - 18 years exp.

From

Branch Manager

7 - 19 years exp.

Cluster Head

12 - 19 years exp.

From

Branch Manager

7 - 19 years exp.

Cluster Manager

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

Sales Manager Salary

(16 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Chief Manager Salary

(4 salaries)

₹10 L/yr - ₹17 L/yr

Area Manager Salary

(3 salaries)

₹12.95 L/yr - ₹14 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

2.7

Rated by 4 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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Reliance Nippon Life Insurance Branch Manager Salary FAQs

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

The average salary of a Branch Manager at Reliance Nippon Life Insurance in Lucknow typically ranges from ₹4.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 7 years to 19 years).

The top 10% of Branch Manager in Lucknow at Reliance Nippon Life Insurance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹10.0 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 20+ Reliance Nippon Life Insurance employees in India.

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

The estimated take-home salary of a Branch Manager at Reliance Nippon Life Insurance in Lucknow typically ranges from ₹54,979 to ₹56,354 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 7 years to 19 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 20+ 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 in Lucknow?

To be a Branch Manager at Reliance Nippon Life Insurance in Lucknow, 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?

ICICI Prudential Life Insurance	₹7.3 Lakhs to ₹16.0 Lakhs per year
Tata AIA Life Insurance	₹8.8 Lakhs to ₹15.5 Lakhs per year
Axis Max Life Insurance	₹7.5 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Health Insurance Co	₹8.6 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹9.5 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 Branch Manager in companies similar to Reliance Nippon Life Insurance in Lucknow?

The salary of a Branch Manager at companies similar to Reliance Nippon Life Insurance in Lucknow varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹8.3 Lakhs to ₹11.5 Lakhs per year
Shriram Life Insurance	₹4.5 Lakhs to ₹7.5 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 Lucknow?

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

Experience	Average Salary Range
7 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
8 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
9 years	₹4.0 Lakhs to ₹8.3 Lakhs per year
10 years	₹6.4 Lakhs to ₹8.2 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Branch Manager Salaries in Lucknow

Reliance Nippon Life Insurance Branch Manager salary in Lucknow ranges between ₹4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Branch Manager salaries in Lucknow

Companies similar to Reliance Nippon Life Insurance for Branch Manager in Lucknow

Latest annual salaries shared by Reliance Nippon Life Insurance Branch Manager in Lucknow

Experience wise Reliance Nippon Life Insurance Branch Manager salaries in Lucknow

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.