Reliance Nippon Life Insurance Chennai Senior Branch Manager Salaries by 7 Employees

7 - 17 years exp.

₹8 Lakhs - ₹11.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Senior Branch Manager Salary in Insurance Companies for 7 - 17 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Senior Branch Manager Salary 7 - 13 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr
Customer Success, Service & Operations Senior Branch Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹9.6 L/yr
Login to view exact salary
Sales & Business Development Senior Branch Manager Salary 14 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.5 L/yr

Last Updated: 22 Oct 2024

Companies similar to Reliance Nippon Life Insurance for Senior Branch Manager in Chennai

Reliance Nippon Life Insurance Senior Branch Manager Salary

7 - 17 years exp. (7 salaries)

₹8 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Senior Branch Manager Salary 15 - 22 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 11% more
HDFC Life Senior Branch Manager Salary 11 - 12 years exp. (3 salaries)	₹10.5 L/yr - ₹11.9 L/yr 14% more
Login to view exact salary
HDFC Bank Senior Branch Manager Salary 10 - 19 years exp. (10 salaries)	₹13 L/yr - ₹19 L/yr 33% more
Muthoot Fincorp Senior Branch Manager Salary 6 - 14 years exp. (5 salaries)	₹4.2 L/yr - ₹7 L/yr 43% less
City Union Bank Senior Branch Manager Salary 11 - 13 years exp. (5 salaries)	₹13 L/yr - ₹19.8 L/yr 67% more

Senior Branch Manager salary at Reliance Nippon Life Insurance ranges between ₹8 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Reliance Nippon Life Insurance.

Experience wise Reliance Nippon Life Insurance Senior Branch Manager salaries in Chennai

Last Updated: 22 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
8 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
10 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
13 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
14 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
15+ years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr

View all

Similar Designation salaries in Reliance Nippon Life Insurance

Senior Relationship Manager Salary

(16 salaries)

₹2 L/yr - ₹3 L/yr

Branch Manager Salary

(16 salaries)

₹4.5 L/yr - ₹10 L/yr

Territory Manager Salary

(5 salaries)

₹4.5 L/yr - ₹7.59 L/yr

Salary related reviews for Reliance Nippon Life Insurance

Assistant Branch Manager in Kolkata

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

Salary - Bad

+5 more

Assistant Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

I am working in Face to Face channel that concept is good & that channel work on women Empowerment when I hired that women & groom also that movement feel good when she earn self respect from society. Salary always give on time.

Dislikes

Salary package less Promotion option Nil On Festival like Diwali even not give single rupee gift even . PLI stop from last year No support on Stationery & Housekeeping materials.

Promotions - Poor

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

Branch Manager in Anantnag

Sales & Business Development Department

4.0

• posted on 23 Jun 2022

5.0

for Salary and Benefits

Likes

Good work culture and environment. Transparent management supportive team. Company policies are good, bonus every month.

Salary - Excellent

+5 more

Dislikes

There is not formal Traning only online tranings and Salary is very low and and its IPM branch.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Reliance Nippon Life Insurance?

Ask anonymously on communities.

Reliance Nippon Life Insurance Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Reliance Nippon Life Insurance in Chennai?

The average salary of a Senior Branch Manager at Reliance Nippon Life Insurance in Chennai typically ranges from ₹8.0 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Senior Branch Manager in Chennai at Reliance Nippon Life Insurance earn more than ₹11.2 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Senior Branch Manager 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 7 Reliance Nippon Life Insurance employees in India.

What is the estimated take home salary of a Senior Branch Manager at Reliance Nippon Life Insurance in Chennai?

The estimated take-home salary of a Senior Branch Manager at Reliance Nippon Life Insurance in Chennai typically ranges from ₹73,277 to ₹75,169 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 7 years to 17 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 7 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 Senior Branch Manager in India?

City Union Bank	₹13.0 Lakhs to ₹19.8 Lakhs per year
HDFC Bank	₹13.0 Lakhs to ₹19.0 Lakhs per year
HDFC Life	₹10.5 Lakhs to ₹11.9 Lakhs per year
SBI Life Insurance Company	₹10.0 Lakhs to ₹12.0 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 Senior Branch Manager in companies similar to Reliance Nippon Life Insurance in Chennai?

The salary of a Senior Branch Manager at companies similar to Reliance Nippon Life Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Fincorp

₹4.2 Lakhs to ₹7.0 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 Senior Branch Manager at Reliance Nippon Life Insurance in Chennai?

The salary growth for a Senior Branch Manager at Reliance Nippon Life Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Senior Branch Manager in Chennai can expect the following growth trajectory at Reliance Nippon Life Insurance:

Experience	Average Salary Range
7 years	₹9.1 Lakhs to ₹11.7 Lakhs per year
8 years	₹9.1 Lakhs to ₹11.7 Lakhs per year
9 years	₹9.1 Lakhs to ₹11.7 Lakhs per year
10 years	₹9.1 Lakhs to ₹11.7 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Reliance Nippon Life Insurance Salaries >
Reliance Nippon Life Insurance Senior Branch Manager Salaries >
Reliance Nippon Life Insurance Senior Branch Manager Salaries in Chennai

Reliance Nippon Life Insurance Senior Branch Manager salary in Chennai ranges between ₹8 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Reliance Nippon Life Insurance latest salaries received from various employees of Reliance Nippon Life Insurance.

Reliance Nippon Life Insurance Senior Branch Manager salaries in Chennai

Companies similar to Reliance Nippon Life Insurance for Senior Branch Manager in Chennai

Latest annual salaries shared by Reliance Nippon Life Insurance Senior Branch Manager in Chennai

Experience wise Reliance Nippon Life Insurance Senior Branch Manager salaries in Chennai

Similar Designation salaries in Reliance Nippon Life Insurance

Salary related reviews for Reliance Nippon Life Insurance

Assistant Branch Manager in Kolkata

Assistant Branch Manager in New Delhi

Sales Manager in Goalpara

Business Development Manager in Kolkata

Branch Manager in Anantnag

Reliance Nippon Life Insurance Senior Branch Manager Salary FAQs

Tell us how to improve this page.