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Reliance Nippon Life Insurance Sr BDM salaries in India

Annual salary range
3 - 11 years exp.
₹4.3 Lakhs - ₹6.6 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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39% less than the average Sr BDM Salary in Insurance Companies for 3 - 11 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Reliance Nippon Life Insurance for Sr BDM

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Sr BDM Salary

0 - 13 years exp. (3 salaries)

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₹4 L/yr - ₹4.5 L/yr

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HDFC Life Sr BDM Salary

2 - 13 years exp. (4 salaries)

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₹3.2 L/yr - ₹4 L/yr

arrow icon 34% less
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SBI Life Insurance Company Sr BDM Salary

5 - 13 years exp. (163 salaries)

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₹3 L/yr - ₹7.7 L/yr

arrow icon 13% more
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Max Life Insurance Sr BDM Salary

11 - 17 years exp. (4 salaries)

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₹7.8 L/yr - ₹11 L/yr

arrow icon 70% more
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Bajaj Allianz Life Insurance Sr BDM Salary

3 - 19 years exp. (20 salaries)

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₹4.3 L/yr - ₹4.8 L/yr

arrow icon 9% less
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Aditya Birla Sun Life Insurance Sr BDM Salary

9 - 15 years exp. (4 salaries)

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₹10.3 L/yr - ₹12 L/yr

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SBI General Insurance Sr BDM Salary

5 - 13 years exp. (32 salaries)

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₹3.8 L/yr - ₹7 L/yr

arrow icon 4% more
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₹4 L/yr - ₹9 L/yr

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₹4 L/yr - ₹6 L/yr

At par
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Shriram Life Insurance Sr BDM Salary

6 - 8 years exp. (4 salaries)

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₹2.8 L/yr - ₹3.2 L/yr

arrow icon 41% less
Sr BDM salary at Reliance Nippon Life Insurance ranges between ₹4.3 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 11 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 Sr BDM

1y ago
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3 years exp.
1y ago
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5 years exp.

Experience wise Reliance Nippon Life Insurance Sr BDM salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr

Salary related reviews for Reliance Nippon Life Insurance

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

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

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Jul 2023

3.0
 for  Salary and Benefits

Likes

The work life balance here in reliance is excellent. No unnecessary pressure is put up on you. Proper training and induction is conducted when you join the company. The incentive structure is very nice compared toother organizations.

read more
  • Skill development - Good
  • +3 more

Dislikes

There is no appraisal criteria here. Only way to increase your salary is tthrough promotions and which sometime is difficult to achieve .

read more
  • Promotions - Poor
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Reliance Nippon Life Insurance Sr BDM Salary FAQs

What is the salary of Sr BDM at Reliance Nippon Life Insurance?
Sr BDM salary at Reliance Nippon Life Insurance in India ranges between ₹4.3 Lakhs to ₹6.6 Lakhs for experience between 3 years to 11 years. According to our estimates it is 39% less than the average Sr BDM 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 Sr BDM at Reliance Nippon Life Insurance India compare with the average salary range for this job?
The average salary of a Sr BDM at Reliance Nippon Life Insurance is 39% less than the average salary of a Sr BDM in India. To know exact salary insights, login to view.
Which similar companies are paying more than Reliance Nippon Life Insurance to a Sr BDM in India?
  • Aditya Birla Sun Life Insurance Sr BDM Salary - ₹10.3 Lakhs to ₹12.0 Lakhs per year
  • Max Life Insurance Sr BDM Salary - ₹7.8 Lakhs to ₹11.0 Lakhs per year
  • ICICI Lombard General Insurance Company Sr BDM Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
  • SBI Life Insurance Company Sr BDM Salary - ₹3.0 Lakhs to ₹7.7 Lakhs per year
  • SBI General Insurance Sr BDM Salary - ₹3.8 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Sr BDM in companies similar to Reliance Nippon Life Insurance in India?
  • Bajaj Allianz General Insurance Sr BDM Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
  • Bajaj Allianz Life Insurance Sr BDM Salary - ₹4.3 Lakhs to ₹4.8 Lakhs per year
  • ICICI Prudential Life Insurance Sr BDM Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
  • HDFC Life Sr BDM Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year
  • Shriram Life Insurance Sr BDM Salary - ₹2.8 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Sr BDM at Reliance Nippon Life Insurance in India?
The estimated take-home salary of a Sr BDM at Reliance Nippon Life Insurance ranges between ₹37,564 per month to ₹38,765 per month in India. The take-home salary calculation is based on the average Reliance Nippon Life Insurance Sr BDM salary in India which ranges between ₹4.3 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

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Reliance Nippon Life Insurance Sr BDM salary in India ranges between ₹4.3 Lakhs to ₹6.6 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.