Reliance Nippon Life Insurance BSO Salaries by 5 Employees

3 - 12 years exp.

₹2.5 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

21% more than the average BSO Salary in Insurance Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading BSO Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr
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Customer Success, Service & Operations BSO Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.2 L/yr

Last Updated: 20 Oct 2024

Companies similar to Reliance Nippon Life Insurance for BSO

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance BSO Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 31% less
HDFC Bank BSO Salary 0 - 6 years exp. (250 salaries)	₹1.5 L/yr - ₹3.5 L/yr 17% less
Login to view exact salary
CAMS BSO Salary 0 - 5 years exp. (44 salaries)	₹1.6 L/yr - ₹3.2 L/yr 23% less
SK Finance Limited BSO Salary 0 - 4 years exp. (7 salaries)	₹1.5 L/yr - ₹2.3 L/yr 28% less
HDFC Sales BSO Salary 0 - 3 years exp. (6 salaries)	₹2 L/yr - ₹2.5 L/yr 24% less

BSO salary at Reliance Nippon Life Insurance ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance BSO salaries

Last Updated: 20 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹2.8 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)	₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
10 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
11 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
12 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

View all

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Salary related reviews for Reliance Nippon Life Insurance

2.2

Rated by 3 employees for salary & benefits

Agency Development Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

1.0

for Salary and Benefits

Likes

Too much ghatia i mean wrost experience ever..

Dislikes

...e to get policy on my name nd told if i didn't get the policy i cant get my job. Totally fraud company they did gave me any salary i work 2 month straight .

Salary - Bad

+6 more

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

Key Relationship Manager in Jammu

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

Skill development - Good

+3 more

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

Promotions - Poor

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

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.

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Reliance Nippon Life Insurance BSO Salary FAQs

What is the salary of BSO at Reliance Nippon Life Insurance ?

The average salary of a BSO at Reliance Nippon Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of BSO at Reliance Nippon Life Insurance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. BSO 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 5 Reliance Nippon Life Insurance employees in India.

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

The estimated take-home salary of a BSO at Reliance Nippon Life Insurance in India typically ranges from ₹20,626 to ₹22,280 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 3 years to 12 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 5 salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a BSO 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:

HDFC Bank	₹1.5 Lakhs to ₹3.5 Lakhs per year
CAMS	₹1.6 Lakhs to ₹3.2 Lakhs per year
HDFC Sales	₹2.0 Lakhs to ₹2.5 Lakhs per year
SK Finance Limited	₹1.5 Lakhs to ₹2.3 Lakhs per year
Bajaj Allianz Life Insurance	₹1.8 Lakhs to ₹2.3 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 BSO at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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Reliance Nippon Life Insurance BSO Salaries

Reliance Nippon Life Insurance BSO salary in India ranges between ₹2.5 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.