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Reliance Nippon Life Insurance Financial Advisor salaries in Kolkata

Annual salary range
0 - 3 years exp.
₹1.2 Lakh - ₹2.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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42% less than the average Financial Advisor Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Finance & Accounting
Financial Advisor Salary
Fresher (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2 L/yr

Marketing & Communication
Financial Advisor Salary
3 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.1 L/yr

Last Updated: 6 Sep 2024

Companies similar to Reliance Nippon Life Insurance for Financial Advisor in Kolkata

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Reliance Nippon Life Insurance Financial Advisor Salary

0 - 3 years exp. (5 salaries)

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₹1.2 L/yr - ₹2.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.3 L/yr - ₹3 L/yr

arrow icon 13% more
Logo
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₹1.2 L/yr - ₹6 L/yr

arrow icon 90% more
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₹1.8 L/yr - ₹5.5 L/yr

arrow icon 66% more
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₹1 L/yr - ₹4 L/yr

arrow icon 39% more
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HDFC Life Financial Advisor Salary

0 - 9 years exp. (8 salaries)

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₹1.2 L/yr - ₹2.4 L/yr

arrow icon 14% more
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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 70% more
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₹1 L/yr - ₹4 L/yr

arrow icon 68% more
1 job opening
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₹1.2 L/yr - ₹2 L/yr

arrow icon 10% less
Financial Advisor salary at Reliance Nippon Life Insurance ranges between ₹1.2 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 3 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 Financial Advisor in Kolkata

6mo ago
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1 month exp.

Experience wise Reliance Nippon Life Insurance Financial Advisor salaries in Kolkata

Last Updated: 6 Sep 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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

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₹1.8 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)

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

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₹1.8 L/yr - ₹2.3 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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7 - 17 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

Team Lead Salary
(8 salaries)
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₹2.5 L/yr - ₹4.85 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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

 · 

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
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 in Kolkata?
The average salary of a Financial Advisor at Reliance Nippon Life Insurance in Kolkata typically ranges from ₹1.2 Lakhs to ₹2.4 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Financial Advisor in Kolkata 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 5 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Financial Advisor at Reliance Nippon Life Insurance in Kolkata?
The estimated take-home salary of a Financial Advisor at Reliance Nippon Life Insurance in Kolkata typically ranges from ₹13,667 to ₹15,119 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from Fresher to 3 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.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Financial Advisor in India?
Tata AIA Life Insurance ₹1.2 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance ₹1.2 Lakhs to ₹3.5 Lakhs per year
Axis Max Life Insurance ₹1.0 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance ₹1.8 Lakhs to ₹5.5 Lakhs per year
SBI Life Insurance Company ₹1.0 Lakhs to ₹4.0 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 Kolkata?
The salary of a Financial Advisor at companies similar to Reliance Nippon Life Insurance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹1.2 Lakhs to ₹2.4 Lakhs per year
Life Insurance Corporation of India ₹1.3 Lakhs to ₹3.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹1.2 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 Financial Advisor at Reliance Nippon Life Insurance in Kolkata?
The salary growth for a Financial Advisor at Reliance Nippon Life Insurance in Kolkata depends on factors such as experience, performance, and promotions. On average, a Financial Advisor in Kolkata 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 ₹1.8 Lakhs to ₹2.2 Lakhs per year
2 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Financial Advisor salary in Kolkata ranges between ₹1.2 Lakh to ₹2.4 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.