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Reliance Nippon Life Insurance Collections Executive salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹1.2 Lakh - ₹3 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.
Avg. annual salary
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Monthly In-hand Salary

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25% less than the average Collections Executive Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Product Management
Collections Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹3 L/yr

Administration & Facilities
Collections Executive Salary
Fresher (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.2 L/yr

Last Updated: 13 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Collections Executive

Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹2.5 L/yr

arrow icon 14% less
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₹1.2 L/yr - ₹2.2 L/yr

arrow icon 5% less
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₹1.5 L/yr - ₹1.9 L/yr

arrow icon 12% less
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HDFC Life Collections Executive Salary

0 - 5 years exp. (4 salaries)

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₹1.5 L/yr - ₹2 L/yr

arrow icon 18% less
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₹0.1 L/yr - ₹0.2 L/yr

arrow icon 93% less
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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 8% less
Collections Executive salary at Reliance Nippon Life Insurance ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Collections Executive

1mo ago
₹3 Lakhs
3 years exp.
4mo ago
₹2.2 Lakhs
8 months exp.
7mo ago
₹3 Lakhs
2 years exp.
9mo ago
₹1.8 Lakh
5 months exp.

Experience wise Reliance Nippon Life Insurance Collections Executive salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1.8 L/yr - ₹2.2 L/yr
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
2 years  (3 salaries)

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₹1.8 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.2 L/yr
View all

Salary related reviews for Reliance Nippon Life Insurance

2.9

Rated by 5 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 16 Mar 2025

2.0
 for  Salary and Benefits

Likes

I have a love-hate relationship with working here because I learn something new every day. Whether it’s the latest updates, training sessions, new products, or communication skills training, there’s always something valuable to gain. Plus, the amazing deals make it even better. As I’m so comfortable too cuz of good faculty and better understanding between colleagues and senior staff that helps me very well to manage home and office both

read more
  • Skill development - Excellent
  • +4 more

Dislikes

...n. Promotion is extremely difficult to achieve, and there is a risk of demotion. Additionally, salary increases are minimal and progress very slowly, which can be discouraging for those looking to advance financially.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 07 Feb 2025

2.0
 for  Salary and Benefits

Likes

Nothing as such. Old people having good knowledge but the current management doe’s let them work.

Dislikes

They have a policy of deducting salary of Sales executives from the 2nd month on non achieving of targets from doj. Which is terrible. Salary not getting credited on time. Demotions happens if not working well for 1 month even. Worst place to work.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Jan 2025

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Worst leadership, one can never expect 100℅ in hand salary, they are on a deduction spree upto ARDM & Branch Manager Level. Lowest commission to agents, renewal commission to agents gets a 75℅ deductions. End number of con calls Immature leaders don't have the skills to lead. So many clauses which is directly affecting attrition to the highest level

read more
  • Salary - Poor
  • +6 more

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 .

read more
  • Salary - Bad
  • +6 more

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

read more
  • Salary - Bad
  • +5 more
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Reliance Nippon Life Insurance Collections Executive Salary FAQs

What is the salary of Collections Executive at Reliance Nippon Life Insurance ?
The average salary of a Collections Executive at Reliance Nippon Life Insurance in India typically ranges from ₹1.2 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Collections Executive at Reliance Nippon Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Collections Executive 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 8 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Collections Executive at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Collections Executive at Reliance Nippon Life Insurance in India typically ranges from ₹13,561 to ₹15,004 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 8 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 Collections Executive in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Collections Executive 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:

Life Insurance Corporation of India ₹1.2 Lakhs to ₹2.2 Lakhs per year
Bajaj Allianz Life Insurance ₹1.5 Lakhs to ₹2.5 Lakhs per year
Shriram Life Insurance ₹1.5 Lakhs to ₹1.9 Lakhs per year
Axis Max Life Insurance ₹1.2 Lakhs to ₹2.5 Lakhs per year
HDFC Life ₹1.5 Lakhs to ₹2.0 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 Collections Executive at Reliance Nippon Life Insurance in India?
The salary growth for a Collections Executive at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Collections Executive can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
Fresher ₹1.8 Lakhs to ₹2.2 Lakhs per year
1 year ₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years ₹1.8 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
and so on.

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Reliance Nippon Life Insurance Collections Executive salary in India ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.