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Reliance Nippon Life Insurance Salesman salaries in India (Updated 2025)

Annual salary range
1 - 2 years exp.
₹1.2 Lakh - ₹2 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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57% less than the average Salesman Salary in Insurance Companies for 1 - 2 years of experience

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Salaries in different departments

Marketing & Communication
Salesman Salary
1 year exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Sales & Business Development
Salesman Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 22 Feb 2025

Companies similar to Reliance Nippon Life Insurance for Salesman

Company name Avg Annual Salary Open Jobs
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₹2.6 L/yr - ₹3.3 L/yr

arrow icon 123% more
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HDFC Life Salesman Salary

1 year exp. (4 salaries)

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₹3.6 L/yr - ₹4.5 L/yr

arrow icon 170% more
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Axis Max Life Insurance Salesman Salary

0 - 7 years exp. (5 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 189% more
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Bajaj Allianz Life Insurance Salesman Salary

0 - 2 years exp. (5 salaries)

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₹2.5 L/yr - ₹3.7 L/yr

arrow icon 127% more
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₹3.5 L/yr - ₹4.7 L/yr

arrow icon 207% more
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₹1.5 L/yr - ₹3 L/yr

arrow icon 73% more
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PNB MetLife Salesman Salary

5 - 21 years exp. (4 salaries)

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₹1.4 L/yr - ₹6.9 L/yr

arrow icon 229% more
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₹4.7 L/yr - ₹6.1 L/yr

arrow icon 305% more
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 110% more
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HDFC Ergo General Insurance Salesman Salary

1 - 3 years exp. (3 salaries)

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₹2.1 L/yr - ₹3.9 L/yr

arrow icon 145% more
Salesman salary at Reliance Nippon Life Insurance ranges between ₹1.2 Lakh to ₹2 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance.

Latest annual salaries shared by Reliance Nippon Life Insurance Salesman

2d ago
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1 year exp.
1y ago
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1 year exp.
1y ago
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1 year exp.

Experience wise Reliance Nippon Life Insurance Salesman salaries

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹1.1 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.1 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Sales Manager Salary
(243 salaries)
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₹1.5 L/yr - ₹5 L/yr
Team Lead Salary
(43 salaries)
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₹2.4 L/yr - ₹4.6 L/yr
Cashier Salary
(3 salaries)
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₹2 L/yr - ₹2.5 L/yr
Sales Officer Salary
(15 salaries)
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₹1.45 L/yr - ₹4.1 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹2.4 L/yr - ₹3.5 L/yr
Sales Executive Salary
(142 salaries)
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₹0.95 L/yr - ₹4 L/yr
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₹1.8 L/yr - ₹5 L/yr
Deputy Manager Salary
(64 salaries)
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₹3.7 L/yr - ₹12.42 L/yr
Sales Representative Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.5

Rated by 2 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

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

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

Life Insurance Department

5.0
  •  posted on 23 Apr 2022

5.0
 for  Salary and Benefits

Likes

It is won

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners

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Reliance Nippon Life Insurance Salesman Salary FAQs

What is the salary of Salesman at Reliance Nippon Life Insurance ?
The average salary of a Salesman at Reliance Nippon Life Insurance in India typically ranges from ₹1.2 Lakhs to ₹2.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Salesman at Reliance Nippon Life Insurance earn more than ₹2.0 Lakhs per year, and the top 1% earn over ₹2.0 Lakhs per year. Salesman 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 4 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Salesman at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Salesman at Reliance Nippon Life Insurance in India typically ranges from ₹9,081 to ₹10,082 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.0 Lakhs per year for employees with experience ranging from 1 year to 2 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 4 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 Salesman in India?
ICICI Lombard General Insurance Company ₹4.7 Lakhs to ₹6.1 Lakhs per year
PNB MetLife ₹1.4 Lakhs to ₹6.9 Lakhs per year
Kotak Mahindara Life Insurance ₹3.5 Lakhs to ₹4.7 Lakhs per year
Axis Max Life Insurance ₹2.0 Lakhs to ₹6.0 Lakhs per year
HDFC Life ₹3.6 Lakhs to ₹4.5 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 Salesman in companies similar to Reliance Nippon Life Insurance in India?
The salary of a Salesman 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 Ergo General Insurance ₹2.1 Lakhs to ₹3.9 Lakhs per year
Bajaj Allianz Life Insurance ₹2.5 Lakhs to ₹3.7 Lakhs per year
ICICI Prudential Life Insurance ₹2.6 Lakhs to ₹3.3 Lakhs per year
Bajaj Allianz General Insurance ₹2.5 Lakhs to ₹3.5 Lakhs per year
Life Insurance Corporation of India ₹1.5 Lakhs to ₹3.0 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 Salesman at Reliance Nippon Life Insurance in India?
The salary growth for a Salesman at Reliance Nippon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Salesman can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience Average Salary Range
1 year ₹1.1 Lakhs to ₹2.0 Lakhs per year
2 years ₹1.1 Lakhs to ₹2.1 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance Nippon Life Insurance Salesman salary in India ranges between ₹1.2 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.