Reliance Nippon Life Insurance Salesman Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹1.2 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

56% 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)	₹1.4 L/yr - ₹1.7 L/yr
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Sales & Business Development Salesman Salary 1 year exp. (AmbitionBox Estimate)	₹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
ICICI Prudential Life Insurance Salesman Salary 0 - 2 years exp. (5 salaries)	₹2.6 L/yr - ₹3.3 L/yr 123% more
HDFC Life Salesman Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹4.9 L/yr 146% more
Login to view exact salary
Max Life Insurance Salesman Salary 0 - 7 years exp. (5 salaries)	₹2 L/yr - ₹6 L/yr 189% more
Bajaj Allianz Life Insurance Salesman Salary 0 - 2 years exp. (5 salaries)	₹2.5 L/yr - ₹3.7 L/yr 127% more
Kotak Mahindara Life Insurance Salesman Salary 0 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹4.7 L/yr 207% more
Life Insurance Corporation of India Salesman Salary 0 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹3 L/yr 73% more
PNB MetLife Salesman Salary 5 - 21 years exp. (4 salaries)	₹1.4 L/yr - ₹6.9 L/yr 229% more
ICICI Lombard General Insurance Company Salesman Salary 1 - 8 years exp. (4 salaries)	₹4.7 L/yr - ₹6.1 L/yr 305% more
Bajaj Allianz General Insurance Salesman Salary 0 - 1 year exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr 110% more
HDFC Ergo General Insurance Salesman Salary 1 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹3.9 L/yr 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.

Experience wise Reliance Nippon Life Insurance Salesman salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.1 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.1 L/yr

Similar Designation salaries in Reliance Nippon Life Insurance

Sales Manager Salary

(244 salaries)

₹1.45 L/yr - ₹6 L/yr

Team Lead Salary

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₹2.4 L/yr - ₹4.6 L/yr

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₹2 L/yr - ₹2.5 L/yr

Sales Officer Salary

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Store Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Sales Associate Salary

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Sales Executive Salary

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₹0.95 L/yr - ₹4.6 L/yr

Area Sales Manager Salary

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₹1.8 L/yr - ₹5 L/yr

Deputy Manager Salary

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₹3.7 L/yr - ₹12.42 L/yr

Sales Representative Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Salary related reviews for Reliance Nippon Life Insurance

3.5

Rated by 2 employees for salary & benefits

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

Business Development Manager in Kolkata

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

Salary - Poor

+3 more

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

Relationship Manager in New Delhi

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

Dislikes

No compensation for home visit like petrol expanse in 30k salary we need to visit customer home for meeting on own expense

Job security - Poor

+4 more

Sales Executive in Lucknow

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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Reliance Nippon Life Insurance Salesman Salary FAQs

What is the salary of Salesman at Reliance Nippon Life Insurance?

Salesman salary at Reliance Nippon Life Insurance in India ranges between ₹1.2 Lakhs to ₹2.0 Lakhs for experience between 1 years to 2 years. According to our estimates it is 56% less than the average Salesman Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance Nippon Life Insurance India.

How does the salary of a Salesman at Reliance Nippon Life Insurance India compare with the average salary range for this job?

The average salary of a Salesman at Reliance Nippon Life Insurance is 56% less than the average salary of a Salesman in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance Nippon Life Insurance to a Salesman in India?

ICICI Lombard General Insurance Company Salesman Salary - ₹4.7 Lakhs to ₹6.1 Lakhs per year
PNB MetLife Salesman Salary - ₹1.4 Lakhs to ₹6.9 Lakhs per year
Kotak Mahindara Life Insurance Salesman Salary - ₹3.5 Lakhs to ₹4.7 Lakhs per year
Max Life Insurance Salesman Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
HDFC Life Salesman Salary - ₹3.0 Lakhs to ₹4.9 Lakhs per year

What is the salary of a Salesman in companies similar to Reliance Nippon Life Insurance in India?

HDFC Ergo General Insurance Salesman Salary - ₹2.1 Lakhs to ₹3.9 Lakhs per year
Bajaj Allianz Life Insurance Salesman Salary - ₹2.5 Lakhs to ₹3.7 Lakhs per year
ICICI Prudential Life Insurance Salesman Salary - ₹2.6 Lakhs to ₹3.3 Lakhs per year
Bajaj Allianz General Insurance Salesman Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
Life Insurance Corporation of India Salesman Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year

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 ranges between ₹9,081 per month to ₹10,082 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Salesman salary in India which ranges between ₹1.2 Lakhs to ₹2.0 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Salesman at Reliance Nippon Life Insurance?

According to AmbitionBox, 100% of the Reliance Nippon Life Insurance Salesmans reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance Nippon Life Insurance Salesman Salaries

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