Reliance Nippon Life Insurance New Delhi Branch Service Officer Salaries by 9 Employees

3 - 15 years exp.

₹2.1 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Branch Service Officer Salary in Insurance Companies for 3 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Service Officer Salary 3 - 12 years exp. (4 salaries)	₹2.1 L/yr - ₹3.6 L/yr
BFSI, Investments & Trading Branch Service Officer Salary 4 - 15 years exp. (3 salaries)	₹2.5 L/yr - ₹3.2 L/yr
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Finance & Accounting Branch Service Officer Salary 8 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.5 L/yr

Last Updated: 16 Mar 2023

Branch Service Officer salary at Reliance Nippon Life Insurance ranges between ₹2.1 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Branch Service Officer salaries in New Delhi

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
11 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
12 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
13 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
14 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
15+ years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

View all

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Salary related reviews for Reliance Nippon Life Insurance

Branch Service Officer in Mumbai

Customer Success, Service & Operations Department

1.0

• posted on 02 Nov 2018

1.0

for Salary and Benefits

Likes

It covered the medical insurance that's it. Otherwise life was torturous there.

Dislikes

...e got it was way below the expectation for eg a Diwali sweet box of celebration. For over 15 years I worked on the same salary range. At times we worked for hours till late in the night but never got paid for it.

Salary - Bad

+5 more

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.

Team Lead in Mirza

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 29 Jun 2022

2.0

for Salary and Benefits

Likes

Office Timing is very good.

Job security - Good

Dislikes

In Branch operations employee unnecessary salary cut is very bad culture. And need saturday off twice in a month. Career growth is very slow and no options in operations department.

Salary - Poor

+3 more

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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 Service Officer Salary FAQs

What is the salary of Branch Service Officer at Reliance Nippon Life Insurance in New Delhi?

The average salary of a Branch Service Officer at Reliance Nippon Life Insurance in New Delhi typically ranges from ₹2.1 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Branch Service Officer in New Delhi at Reliance Nippon Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Branch Service Officer 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 9 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Branch Service Officer at Reliance Nippon Life Insurance in New Delhi?

The estimated take-home salary of a Branch Service Officer at Reliance Nippon Life Insurance in New Delhi typically ranges from ₹22,350 to ₹23,828 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 3 years to 15 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 9 salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

How the salary growth look like for a Branch Service Officer at Reliance Nippon Life Insurance in New Delhi?

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

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years	₹2.8 Lakhs to ₹3.5 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Branch Service Officer Salaries in New Delhi

Reliance Nippon Life Insurance Branch Service Officer salary in New Delhi ranges between ₹2.1 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.