Reliance Nippon Life Insurance Branch Service Manager Salaries by 10+ Employees (Updated 2025)

7 - 20 years exp.

₹5 Lakhs - ₹14 Lakhs

Salary of majority employees

24% less than the average Branch Service Manager Salary in Insurance Companies for 7 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Service Manager Salary 7 - 18 years exp. (8 salaries)	₹5 L/yr - ₹6.8 L/yr
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Customer Success, Service & Operations Branch Service Manager Salary 17 - 20 years exp. (5 salaries)	₹6 L/yr - ₹15.6 L/yr

Last Updated: 26 Sep 2024

Companies similar to Reliance Nippon Life Insurance for Branch Service Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Service Manager Salary 0 - 5 years exp. (111 salaries)	₹1.8 L/yr - ₹4 L/yr 62% less
Kotak Mahindara Life Insurance Branch Service Manager Salary 3 - 14 years exp. (8 salaries)	₹2.9 L/yr - ₹6 L/yr 47% less
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PNB MetLife Branch Service Manager Salary 5 - 20 years exp. (7 salaries)	₹2.1 L/yr - ₹6.3 L/yr 42% less
ICICI Lombard General Insurance Company Branch Service Manager Salary 0 - 11 years exp. (147 salaries)	₹2.2 L/yr - ₹7 L/yr 50% less
Aditya Birla Health Insurance Co Branch Service Manager Salary 1 - 7 years exp. (37 salaries)	₹2.7 L/yr - ₹5.1 L/yr 51% less
Bajaj Allianz General Insurance Branch Service Manager Salary 12 - 13 years exp. (3 salaries)	₹4.5 L/yr - ₹5.6 L/yr 34% less

Branch Service Manager salary at Reliance Nippon Life Insurance ranges between ₹5 Lakhs to ₹14 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 13 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Branch Service Manager salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹12.3 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹14 L/yr
14 years (3 salaries)	₹3.2 L/yr - ₹11.2 L/yr
15+ years (8 salaries)	₹5 L/yr - ₹15 L/yr

View all

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Salary related reviews for Reliance Nippon Life Insurance

3.6

Rated by 4 employees for salary & benefits

Branch Service Manager in Chandigarh

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 Jul 2022

3.0

for Salary and Benefits

Likes

Best Survival in challanging Market.

Dislikes

Salary deduction for Entry level employees. Partiality in between departments. Compromise on Quality. Improvement needed in HR, Legal and Compliance Practices.

Skill development - Bad

+3 more

Business Relationship Manager in Prayagraj / Allahabad

Full Time

Sales & Business Development Department

3.0

• posted on 04 Jun 2023

4.0

for Salary and Benefits

Likes

The rahe away Salary is good.

Salary - Good

+2 more

Dislikes

Pathetic Infra & Admin work. No neat & clean offices. No Office Decorum. No RO & Coffee machine. AC not working properly & few out of service. Untidy & Dirty Meeting Room. Senior Employee chewing Paan & Masala openly in office premises.

Skill development - Poor

+1 more

Assistant Manager Operations in Siliguri

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Aug 2023

3.0

for Salary and Benefits

Likes

Salary on time, this is the only matter to be liked.

Dislikes

1. Salary Deduction in Operation Department if your target not meet. 2. Office timing doesn't matter. There is Extension on regular basis. You have to work on Sunday also. 3. Too much conference calls.

Work satisfaction - Poor

+2 more

Life Planning Officer in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Mar 2023

3.0

for Salary and Benefits

Likes

Good for married women

Dislikes

Office management and Branch manager doesnt know how to talk with women. Its seems like Manager give salary not company. Office timings are strick but after office hours manager keeps on zoom meeting or force to do jobs and meetings to fullfill manager criteria. After resignation and whole process of notice period Hr cannot provide relieving letter and aslo not answer emails.

Job security - Bad

+3 more

Senior Customer Service Executive in Bagaha

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Great place to work

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Reliance Nippon Life Insurance Branch Service Manager Salary FAQs

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

Branch Service Manager salary at Reliance Nippon Life Insurance in India ranges between ₹5.0 Lakhs to ₹14.0 Lakhs for experience between 7 years to 20 years. According to our estimates it is 24% less than the average Branch Service Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Reliance Nippon Life Insurance India.

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

The average salary of a Branch Service Manager at Reliance Nippon Life Insurance is 24% less than the average salary of a Branch Service Manager in India. To know exact salary insights, login to view.

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

Bajaj Allianz General Insurance Branch Service Manager Salary - ₹4.5 Lakhs to ₹5.6 Lakhs per year
PNB MetLife Branch Service Manager Salary - ₹2.1 Lakhs to ₹6.3 Lakhs per year
Kotak Mahindara Life Insurance Branch Service Manager Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year
ICICI Lombard General Insurance Company Branch Service Manager Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Health Insurance Co Branch Service Manager Salary - ₹2.7 Lakhs to ₹5.1 Lakhs per year

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

The estimated take-home salary of a Branch Service Manager at Reliance Nippon Life Insurance ranges between ₹58,016 per month to ₹59,477 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Branch Service Manager salary in India which ranges between ₹5.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 7 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Reliance Nippon Life Insurance Branch Service Manager s reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Branch Service Manager Salaries

Reliance Nippon Life Insurance Branch Service Manager salary in India ranges between ₹5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.