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Reliance Nippon Life Insurance Financial Advisor salaries in India

Annual salary range
0 - 4 years exp.
₹1.1 Lakh - ₹2.4 Lakhs
Salary of majority employees
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58% less than the average Financial Advisor Salary in Insurance Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Financial Advisor Salary
0 - 3 years exp. (3 salaries)
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₹1.1 L/yr - ₹2 L/yr

Marketing & Communication
Financial Advisor Salary
3 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.2 L/yr

BFSI, Investments & Trading
Financial Advisor Salary
3 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.1 L/yr

Last Updated: 19 Dec 2024

Companies similar to Reliance Nippon Life Insurance for Financial Advisor

Company name Avg Annual Salary Open Jobs
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₹0.9 L/yr - ₹6.3 L/yr

arrow icon 66% more
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Axis Max Life Insurance Financial Advisor Salary

1 - 10 years exp. (100 salaries)

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₹1 L/yr - ₹8 L/yr

arrow icon 71% more
1 job opening
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₹1 L/yr - ₹6 L/yr

arrow icon 30% more
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HDFC Life Financial Advisor Salary

0 - 10 years exp. (77 salaries)

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₹1.2 L/yr - ₹6 L/yr

arrow icon 58% more
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₹0.7 L/yr - ₹4.1 L/yr

arrow icon 34% more
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₹1 L/yr - ₹8 L/yr

arrow icon 49% more
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₹1.2 L/yr - ₹6 L/yr

arrow icon 105% more
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PNB MetLife Financial Advisor Salary

0 - 6 years exp. (19 salaries)

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₹0.9 L/yr - ₹7.5 L/yr

arrow icon 49% more
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₹0.6 L/yr - ₹4.1 L/yr

arrow icon 32% more
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MetLife Financial Advisor Salary

1 - 4 years exp. (9 salaries)

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₹1 L/yr - ₹4 L/yr

arrow icon 9% less
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₹1.7 L/yr - ₹2.5 L/yr

arrow icon 5% less
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Gallagher Financial Advisor Salary

0 - 4 years exp. (4 salaries)

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₹9 L/yr - ₹13.5 L/yr

arrow icon 439% more
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₹2.2 L/yr - ₹5.5 L/yr

arrow icon 135% more
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₹1.6 L/yr - ₹3.3 L/yr

arrow icon 48% more
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₹1.8 L/yr - ₹2.5 L/yr

At par
Financial Advisor salary at Reliance Nippon Life Insurance ranges between ₹1.1 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 15 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Financial Advisor

3mo ago
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3 years exp.
6mo ago
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1 month exp.

Experience wise Reliance Nippon Life Insurance Financial Advisor salaries

Last Updated: 19 Dec 2024

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹1.2 L/yr - ₹2.4 L/yr
1 year (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.4 L/yr
2 years  (3 salaries)

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₹1.2 L/yr - ₹3.7 L/yr
3 years  (5 salaries)

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₹1.1 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.2 L/yr
Reliance Nippon Life Insurance Financial Advisor Salary and Career Growth

From

To

Financial Advisor

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0 - 4 years exp.

BDM

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3 - 9 years exp.

Financial Advisor

0 - 4 years exp.
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Sales Manager

0 - 10 years exp.
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arrow icon 50% hike

Senior Sales Manager

1 - 9 years exp.
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arrow icon 4% hike

From

To

Financial Advisor

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0 - 4 years exp.

Senior Branch Manager

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9 - 18 years exp.

From

To

Financial Advisor

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0 - 4 years exp.

Cluster Head

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12 - 19 years exp.

From

To

Financial Advisor

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0 - 4 years exp.

Senior Territory Manager

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9 - 22 years exp.

From

To

Financial Advisor

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0 - 4 years exp.

Cluster Manager

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7 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Reliance Nippon Life Insurance

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₹3 L/yr - ₹4.1 L/yr
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₹2.6 L/yr - ₹4.2 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹7 L/yr - ₹9 L/yr
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₹3 L/yr - ₹5.02 L/yr
Credit Analyst Salary
(3 salaries)
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₹9 L/yr - ₹12 L/yr
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₹1.75 L/yr - ₹2.8 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹1.5 L/yr - ₹3 L/yr
Research Analyst Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
Team Lead Salary
(43 salaries)
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₹2.4 L/yr - ₹4.6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

1.3

Rated by 5 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +3 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

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.

read more
  • 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 .

read more
  • Promotions - Poor
see more salary related reviews

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Reliance Nippon Life Insurance Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Reliance Nippon Life Insurance ?
The average salary of a Financial Advisor at Reliance Nippon Life Insurance in India typically ranges from ₹1.1 Lakhs to ₹2.4 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Financial Advisor at Reliance Nippon Life Insurance earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Financial Advisor 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 10+ Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Financial Advisor at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Financial Advisor at Reliance Nippon Life Insurance in India typically ranges from ₹13,983 to ₹15,462 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from Fresher to 4 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 10+ salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Financial Advisor in India?
Gallagher ₹9.0 Lakhs to ₹13.5 Lakhs per year
ICICI Lombard General Insurance Company ₹2.2 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance ₹1.2 Lakhs to ₹6.0 Lakhs per year
Axis Max Life Insurance ₹1.0 Lakhs to ₹8.0 Lakhs per year
ICICI Prudential Life Insurance ₹0.9 Lakhs to ₹6.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reliance Nippon Life Insurance, depending on the role and experience level.
What is the salary of a Financial Advisor in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Financial Advisor 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 Life ₹1.2 Lakhs to ₹6.0 Lakhs per year
PNB MetLife ₹0.9 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindara Life Insurance ₹1.0 Lakhs to ₹8.0 Lakhs per year
Star Health & Allied Insurance ₹1.6 Lakhs to ₹3.3 Lakhs per year
SBI Life Insurance Company ₹0.7 Lakhs to ₹4.1 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 Financial Advisor at Reliance Nippon Life Insurance in India?
The salary growth for a Financial Advisor at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Financial Advisor can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
Fresher ₹1.2 Lakhs to ₹2.4 Lakhs per year
1 year ₹0.8 Lakhs to ₹2.4 Lakhs per year
2 years ₹1.2 Lakhs to ₹3.7 Lakhs per year
3 years ₹1.1 Lakhs to ₹2.2 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Financial Advisor salary in India ranges between ₹1.1 Lakh to ₹2.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.