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Reliance Nippon Life Insurance Cluster Manager Banca salaries in India

Annual salary range
9 - 11 years exp.
₹4.4 Lakhs - ₹6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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26% less than the average Cluster Manager Banca Salary in Insurance Companies for 9 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Banca Salary
9 - 11 years exp. (3 salaries)
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₹4.4 L/yr - ₹6 L/yr

Sales & Business Development
Cluster Manager Banca Salary
11 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 6 Nov 2024

Companies similar to Reliance Nippon Life Insurance for Cluster Manager Banca

Company name Avg Annual Salary Open Jobs
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₹6.5 L/yr - ₹18 L/yr

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HDFC Life Cluster Manager Banca Salary

6 - 16 years exp. (47 salaries)

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₹6.5 L/yr - ₹11.5 L/yr

arrow icon 73% more
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Max Life Insurance Cluster Manager Banca Salary

7 - 17 years exp. (13 salaries)

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₹9 L/yr - ₹12.3 L/yr

arrow icon 107% more
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₹6 L/yr - ₹10 L/yr

arrow icon 47% more
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₹5.5 L/yr - ₹13 L/yr

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₹7 L/yr - ₹10 L/yr

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PNB MetLife Cluster Manager Banca Salary

6 - 9 years exp. (3 salaries)

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₹4 L/yr - ₹5.8 L/yr

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₹6 L/yr - ₹12.5 L/yr

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₹2.7 L/yr - ₹6.1 L/yr

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₹4.3 L/yr - ₹9.8 L/yr

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₹5.1 L/yr - ₹9 L/yr

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₹4.6 L/yr - ₹4.9 L/yr

arrow icon 8% less
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₹7.5 L/yr - ₹10 L/yr

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₹8 L/yr - ₹12 L/yr

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Cluster Manager Banca salary at Reliance Nippon Life Insurance ranges between ₹4.4 Lakhs to ₹6 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Cluster Manager Banca

2mo ago
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11 years exp.
1y ago
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11 years exp.
1y ago
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10 years exp.
1y ago
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9 years exp.

Experience wise Reliance Nippon Life Insurance Cluster Manager Banca salaries

Last Updated: 6 Nov 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹8.5 L/yr
10 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Cluster Manager Salary
(36 salaries)
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₹5 L/yr - ₹16.46 L/yr
Area Manager Salary
(75 salaries)
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₹9.5 L/yr - ₹21.4 L/yr
Deputy Manager Salary
(59 salaries)
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₹3.7 L/yr - ₹12 L/yr
Sales Manager Salary
(249 salaries)
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₹1.2 L/yr - ₹6 L/yr
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₹1.7 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹3 L/yr
Bancassurance Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Associate Sales Manager Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹2 L/yr - ₹3.5 L/yr
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₹1.8 L/yr - ₹2.89 L/yr

Salary related reviews for Reliance Nippon Life Insurance

2.0

Rated by 3 employees for salary & benefits

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

read more
  • Salary - Poor
    +3 more

BFSI, Investments & Trading Department

3.0
  •  posted on 01 Feb 2022

3.0
 for  Salary and Benefits

Likes

Here when I started with company I got to know company has no enough data to call customer for advising any policy we need to visit our family members house only for selling policies its better to be a agent as we needs to sell policy to our family or pay out is heigh there

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Dislikes

No compensation for home visit like petrol expanse in 30k salary we need to visit customer home for meeting on own expense

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  • Job security - Poor
    +4 more

Banca channel Department

5.0
  •  posted on 04 May 2019

4.0
 for  Salary and Benefits

Likes

The staff was very good, specially the CLM (Umesh Jadhav). The CLM was vert supporting and was always available for me. The training was also effective as I learned new things and also came to know about the market. Policies was also good and the returns were also high to the customer. I just want to say the overall experience was superb.

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  • Salary - Good
    +6 more

Dislikes

There were salary issues. Still some of my PAID LEAVES are not paid in my last salary.

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Sales & Business Development Department

4.0
  •  posted on 18 Oct 2018

4.0
 for  Salary and Benefits

Likes

Reliance Nippon life insurance is one of the Prestigious Company In India with huge employees & advisor network, thousands of Branches all over the Nation. Well, one of I like about this company is their learning & skill development tools/aaps.

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  • Salary - Good
    +6 more

Dislikes

...tion level, HR level also not active so its create strong connectivity problem . Salary structure is very poor, payslip & offerletter's CTC are different. Branch Manager's expectations some times very challenging & hard for Sales team. Company's android Applications (apps) many of times not working properly, so it's hard to make productive. Depends on aforesaid circumstances these are my own & personal opinion/ believe.

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Reliance Nippon Life Insurance Cluster Manager Banca Salary FAQs

What is the salary of Cluster Manager Banca at Reliance Nippon Life Insurance?
Cluster Manager Banca salary at Reliance Nippon Life Insurance in India ranges between ₹4.4 Lakhs to ₹6.0 Lakhs for experience between 9 years to 11 years. According to our estimates it is 26% less than the average Cluster Manager Banca Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Reliance Nippon Life Insurance India.
How does the salary of a Cluster Manager Banca at Reliance Nippon Life Insurance India compare with the average salary range for this job?
The average salary of a Cluster Manager Banca at Reliance Nippon Life Insurance is 26% less than the average salary of a Cluster Manager Banca in India. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Cluster Manager Banca in India?
  • Max Life Insurance Cluster Manager Banca Salary - ₹9.0 Lakhs to ₹12.3 Lakhs per year
  • ICICI Prudential Life Insurance Cluster Manager Banca Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
  • ICICI Lombard General Insurance Company Cluster Manager Banca Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
  • HDFC Life Cluster Manager Banca Salary - ₹6.5 Lakhs to ₹11.5 Lakhs per year
  • Kotak Mahindara Life Insurance Cluster Manager Banca Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
What is the salary of a Cluster Manager Banca in companies similar to Reliance Nippon Life Insurance in India?
  • SBI General Insurance Cluster Manager Banca Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
  • Tata AIA Life Insurance Cluster Manager Banca Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
  • Bajaj Allianz Life Insurance Cluster Manager Banca Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Cluster Manager Banca Salary - ₹6.0 Lakhs to ₹12.5 Lakhs per year
  • Aditya Birla Health Insurance Co Cluster Manager Banca Salary - ₹5.1 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Cluster Manager Banca at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Cluster Manager Banca at Reliance Nippon Life Insurance ranges between ₹38,900 per month to ₹40,082 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Cluster Manager Banca salary in India which ranges between ₹4.4 Lakhs to ₹6.0 Lakhs per year for employees with experience between 9 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager Banca at Reliance Nippon Life Insurance?
According to AmbitionBox, 57% of the Reliance Nippon Life Insurance Cluster Manager Bancas reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reliance Nippon Life Insurance Cluster Manager Banca salary in India ranges between ₹4.4 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.