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Reliance Nippon Life Insurance Branch Relationship Manager salaries in India

Annual salary range
4 - 9 years exp.
₹3.9 Lakhs - ₹5 Lakhs
Salary of majority employees
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17% less than the average Branch Relationship Manager Salary in Insurance Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Relationship Manager Salary
4 - 9 years exp. (9 salaries)
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₹4 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Branch Relationship Manager Salary
4 - 9 years exp. (7 salaries)
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₹4 L/yr - ₹4.5 L/yr

Sales & Business Development
Branch Relationship Manager Salary
4 - 7 years exp. (4 salaries)
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₹3.9 L/yr - ₹4.1 L/yr

Last Updated: 23 Aug 2024

Companies similar to Reliance Nippon Life Insurance for Branch Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹12.5 L/yr

arrow icon 127% more
2 job openings
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₹2.3 L/yr - ₹6 L/yr

arrow icon 19% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 25% less
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₹2 L/yr - ₹3.5 L/yr

arrow icon 33% less
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₹3.5 L/yr - ₹5 L/yr

arrow icon 2% more
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₹2.2 L/yr - ₹3.8 L/yr

arrow icon 32% less
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₹5.2 L/yr - ₹10.3 L/yr

arrow icon 64% more
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₹5 L/yr - ₹6 L/yr

arrow icon 25% more
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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 25% less
Branch Relationship Manager salary at Reliance Nippon Life Insurance ranges between ₹3.9 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 22 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Branch Relationship Manager

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Experience wise Reliance Nippon Life Insurance Branch Relationship Manager salaries

Last Updated: 23 Aug 2024

Experience Avg Annual Salary
4 years  (3 salaries)

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₹3.9 L/yr - ₹7.7 L/yr
5 years  (8 salaries)

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₹4 L/yr - ₹4.5 L/yr
6 years  (5 salaries)

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₹4 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)

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₹4 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Reliance Nippon Life Insurance

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₹1.9 L/yr - ₹4 L/yr
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₹1.7 L/yr - ₹6 L/yr
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₹2.3 L/yr - ₹7 L/yr
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₹1.8 L/yr - ₹2.89 L/yr
Branch Manager Salary
(189 salaries)
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₹3.75 L/yr - ₹10 L/yr
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₹6.5 L/yr - ₹12.33 L/yr
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₹1.8 L/yr - ₹5 L/yr
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₹2.25 L/yr - ₹5 L/yr
Area Manager Salary
(84 salaries)
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₹9 L/yr - ₹21.4 L/yr
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₹1.45 L/yr - ₹6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.5

Rated by 12 employees for salary & benefits

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

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

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

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

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  • Salary - Poor
  • +3 more

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
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Reliance Nippon Life Insurance Branch Relationship Manager Salary FAQs

What is the salary of Branch Relationship Manager at Reliance Nippon Life Insurance ?
The average salary of a Branch Relationship Manager at Reliance Nippon Life Insurance in India typically ranges from ₹3.9 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Branch Relationship Manager at Reliance Nippon Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Branch Relationship 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 Relationship Manager at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Branch Relationship Manager at Reliance Nippon Life Insurance in India typically ranges from ₹31,778 to ₹33,065 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 4 years to 9 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.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Branch Relationship Manager in India?
Axis Max Life Insurance ₹6.0 Lakhs to ₹12.5 Lakhs per year
Tata AIA Life Insurance ₹5.2 Lakhs to ₹10.3 Lakhs per year
ICICI Lombard General Insurance Company ₹5.0 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company ₹3.5 Lakhs to ₹5.0 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 Relationship Manager in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Branch Relationship 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:

ICICI Prudential Life Insurance ₹2.3 Lakhs to ₹6.0 Lakhs per year
HDFC Ergo General Insurance ₹2.5 Lakhs to ₹4.6 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.5 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindara Life Insurance ₹2.2 Lakhs to ₹3.8 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹3.5 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 Relationship Manager at Reliance Nippon Life Insurance in India?
The salary growth for a Branch Relationship Manager at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Relationship Manager can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
4 years ₹3.9 Lakhs to ₹7.7 Lakhs per year
5 years ₹4.0 Lakhs to ₹4.5 Lakhs per year
6 years ₹4.0 Lakhs to ₹4.5 Lakhs per year
7 years ₹3.9 Lakhs to ₹7.7 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Branch Relationship Manager salary in India ranges between ₹3.9 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.