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

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)	₹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 year exp. (4 salaries)	₹3.6 L/yr - ₹4.5 L/yr 170% more
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Axis 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 - 6 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 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr 110% more
HDFC Ergo General Insurance Salesman Salary 1 - 3 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

(243 salaries)

₹1.5 L/yr - ₹5 L/yr

Team Lead Salary

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₹2.4 L/yr - ₹4.6 L/yr

Cashier Salary

(3 salaries)

₹2 L/yr - ₹2.5 L/yr

Sales Officer Salary

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₹1.45 L/yr - ₹4.1 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Sales Associate Salary

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₹2.4 L/yr - ₹3.5 L/yr

Sales Executive Salary

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₹0.95 L/yr - ₹4 L/yr

Area Sales Manager Salary

(18 salaries)

₹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

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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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.

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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.