Reliance Nippon Life Insurance Deputy Branch Manager Salaries by 3 Employees

0 - 8 years exp.

₹4 Lakhs - ₹13 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

18% more than the average Deputy Branch Manager Salary in Insurance Companies for 0 - 8 years of experience

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Last Updated: 6 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Deputy Branch Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Deputy Branch Manager Salary 6 - 14 years exp. (13 salaries)	₹5 L/yr - ₹8.5 L/yr 29% less
HDFC Life Deputy Branch Manager Salary 3 - 14 years exp. (7 salaries)	₹5 L/yr - ₹8 L/yr 29% less
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Kotak Mahindara Life Insurance Deputy Branch Manager Salary 3 - 6 years exp. (7 salaries)	₹3.2 L/yr - ₹4.5 L/yr 55% less
ICICI Prudential Life Insurance Deputy Branch Manager Salary 0 - 11 years exp. (5 salaries)	₹2.9 L/yr - ₹6 L/yr 53% less
Axis Max Life Insurance Deputy Branch Manager Salary 2 - 13 years exp. (5 salaries)	₹1 L/yr - ₹10 L/yr 39% less
Tata AIA Life Insurance Deputy Branch Manager Salary 3 - 13 years exp. (4 salaries)	₹7.2 L/yr - ₹8.5 L/yr 14% less
Shriram Life Insurance Deputy Branch Manager Salary 6 - 10 years exp. (4 salaries)	₹4.4 L/yr - ₹4.8 L/yr 48% less
Aditya Birla Health Insurance Co Deputy Branch Manager Salary 2 - 6 years exp. (4 salaries)	₹4.8 L/yr - ₹5.5 L/yr 45% less
Aditya Birla Sun Life Insurance Deputy Branch Manager Salary 3 - 13 years exp. (3 salaries)	₹6 L/yr - ₹6.8 L/yr 29% less
HDFC Ergo General Insurance Deputy Branch Manager Salary 3 - 5 years exp. (3 salaries)	₹4.3 L/yr - ₹6.1 L/yr 35% less

Deputy Branch Manager salary at Reliance Nippon Life Insurance ranges between ₹4 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Deputy Branch Manager salaries

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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8 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr

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Salary related reviews for Reliance Nippon Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

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

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

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 Deputy Branch Manager Salary FAQs

How the salary growth look like for a Deputy Branch Manager at Reliance Nippon Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹9.0 Lakhs to ₹11.5 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
8 years	₹11.7 Lakhs to ₹15.0 Lakhs per year

and so on.

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Reliance Nippon Life Insurance Deputy Branch Manager Salaries

Reliance Nippon Life Insurance Deputy Branch Manager salary in India ranges between ₹4 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.