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

4 - 9 years exp.

₹3.9 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

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. (8 salaries)	₹4 L/yr - ₹5 L/yr
Customer Success, Service & Operations Branch Relationship Manager Salary 4 - 9 years exp. (7 salaries)	₹4 L/yr - ₹4.5 L/yr
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Sales & Business Development Branch Relationship Manager Salary 4 - 7 years exp. (4 salaries)	₹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
Axis Max Life Insurance Branch Relationship Manager Salary 7 - 15 years exp. (51 salaries)	₹6 L/yr - ₹12.5 L/yr 130% more	2 job openings
ICICI Prudential Life Insurance Branch Relationship Manager Salary 0 - 6 years exp. (37 salaries)	₹2.3 L/yr - ₹6 L/yr 19% less
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Aditya Birla Sun Life Insurance Branch Relationship Manager Salary 0 - 5 years exp. (10 salaries)	₹2.5 L/yr - ₹3.5 L/yr 25% less
SBI General Insurance Branch Relationship Manager Salary 3 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 33% less
SBI Life Insurance Company Branch Relationship Manager Salary 3 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 2% more
Kotak Mahindara Life Insurance Branch Relationship Manager Salary 1 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.8 L/yr 32% less
Tata AIA Life Insurance Branch Relationship Manager Salary 3 - 14 years exp. (3 salaries)	₹5.2 L/yr - ₹10.3 L/yr 64% more
ICICI Lombard General Insurance Company Branch Relationship Manager Salary 1 - 18 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 25% more
HDFC Ergo General Insurance Branch Relationship Manager Salary 5 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹4.6 L/yr 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 21 latest salaries received from various employees of Reliance Nippon Life Insurance.

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

7mo ago

₹4 Lakhs

8 years exp.

1y ago

₹4 Lakhs

5 years exp.

1y ago

₹4 Lakhs

4 years exp.

1y ago

₹5 Lakhs

9 years exp.

1y ago

₹4 Lakhs

5 years exp.

1y ago

6 years exp.

1y ago

6 years exp.

1y ago

5 years exp.

1y ago

6 years exp.

1y ago

7 years exp.

Experience wise Reliance Nippon Life Insurance Branch Relationship Manager salaries

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹3.9 L/yr - ₹7.6 L/yr
5 years (7 salaries)	₹4 L/yr - ₹4.5 L/yr
Login to view exact salary
6 years (5 salaries)	₹4 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Reliance Nippon Life Insurance

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₹2.3 L/yr - ₹7 L/yr

Relationship Officer Salary

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₹1.8 L/yr - ₹2.89 L/yr

Branch Manager Salary

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₹3.75 L/yr - ₹10 L/yr

Senior Branch Manager Salary

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₹6.5 L/yr - ₹14 L/yr

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₹1.8 L/yr - ₹5 L/yr

Senior Sales Manager Salary

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Area Manager Salary

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₹9 L/yr - ₹21.4 L/yr

Business Development Manager Salary

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₹1.45 L/yr - ₹6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

4.5

Rated by 14 employees for salary & benefits

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

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

Salary - Excellent

+5 more

Dislikes

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

Business Development Manager in Kolkata

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

Salary - Poor

+3 more

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.

see more salary related reviews

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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 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 ₹31,748 to ₹33,036 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 ₹7.6 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 ₹4.9 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Branch Relationship Manager Salaries

Reliance Nippon Life Insurance Branch Relationship Manager salary in India ranges between ₹3.9 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.