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ICICI Bank

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ICICI Bank Analyst salaries in Mumbai (Updated 2025)

Annual salary range
1 - 4 years exp.
₹14.6 Lakhs - ₹18.1 Lakhs
Salary of majority employees
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Fixed (94%)
₹13.8 Lakhs
Variable (6%)
₹0.9 Lakh
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101% more than the average Analyst Salary in Banking Companies for 1 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Data Science & Analytics
Analyst Salary
1 - 4 years exp. (11 salaries)
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₹7.4 L/yr - ₹18.1 L/yr

BFSI, Investments & Trading
Analyst Salary
1 - 4 years exp. (6 salaries)
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₹13.4 L/yr - ₹14 L/yr

Finance & Accounting
Analyst Salary
2 - 3 years exp. (3 salaries)
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₹14.1 L/yr - ₹18 L/yr

Customer Success, Service & Operations
Analyst Salary
3 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹14.2 L/yr

IT & Information Security
Analyst Salary
1 year exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹14.7 L/yr

View all

Last Updated: 14 Mar 2025

Companies similar to ICICI Bank for Analyst in Mumbai

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ICICI Bank Analyst Salary

1 - 4 years exp. (32 salaries)

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₹14.6 L/yr - ₹18.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Deutsche Bank Analyst Salary

0 - 10 years exp. (316 salaries)

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₹3 L/yr - ₹13.2 L/yr

arrow icon 49% less
23 job openings
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Bank of America Analyst Salary

1 - 11 years exp. (180 salaries)

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₹8.8 L/yr - ₹27 L/yr

arrow icon 18% more
1 job opening
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Barclays Analyst Salary

0 - 8 years exp. (160 salaries)

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₹5.9 L/yr - ₹24.3 L/yr

arrow icon 3% less
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DBS Bank Analyst Salary

1 - 13 years exp. (69 salaries)

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₹7.5 L/yr - ₹18 L/yr

arrow icon 16% less
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IDFC FIRST Bank Analyst Salary

1 - 7 years exp. (45 salaries)

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₹1.9 L/yr - ₹6.8 L/yr

arrow icon 70% less
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Standard Chartered Analyst Salary

1 - 6 years exp. (29 salaries)

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₹2 L/yr - ₹7.1 L/yr

arrow icon 64% less
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HDFC Bank Analyst Salary

0 - 7 years exp. (27 salaries)

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₹4.2 L/yr - ₹16.7 L/yr

arrow icon 34% less
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IndusInd Bank Analyst Salary

1 - 10 years exp. (17 salaries)

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₹10.2 L/yr - ₹12.6 L/yr

arrow icon 23% less
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NatWest Group Analyst Salary

1 - 6 years exp. (16 salaries)

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₹2 L/yr - ₹7.2 L/yr

arrow icon 68% less
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Kotak Mahindra Bank Analyst Salary

0 - 4 years exp. (11 salaries)

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₹4.3 L/yr - ₹13 L/yr

arrow icon 40% less
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Axis Bank Analyst Salary

0 - 7 years exp. (11 salaries)

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₹3 L/yr - ₹9.6 L/yr

arrow icon 48% less
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Yes Bank Analyst Salary

0 - 3 years exp. (4 salaries)

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₹8.7 L/yr - ₹11 L/yr

arrow icon 39% less
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RBL Bank Analyst Salary

1 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 58% less
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Equitas Small Finance Bank Analyst Salary

1 - 3 years exp. (3 salaries)

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₹6 L/yr - ₹7.2 L/yr

arrow icon 52% less
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Chase Bank Analyst Salary

4 - 12 years exp. (3 salaries)

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₹8 L/yr - ₹9.1 L/yr

arrow icon 43% less
Analyst salary at ICICI Bank ranges between ₹14.6 Lakhs to ₹18.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 32 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Analyst in Mumbai

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Experience wise ICICI Bank Analyst salaries in Mumbai

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
1 year  (15 salaries)

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₹6.2 L/yr - ₹17 L/yr
2 years  (7 salaries)

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₹10.5 L/yr - ₹18.1 L/yr
3 years  (6 salaries)

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₹5.9 L/yr - ₹18 L/yr
4 years  (4 salaries)

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₹5.9 L/yr - ₹26.3 L/yr

Similar Designation salaries in ICICI Bank

Credit Manager Salary
(562 salaries)
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₹4 L/yr - ₹17.58 L/yr
Team Lead Salary
(155 salaries)
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₹1 L/yr - ₹7.03 L/yr
Business Analyst Salary
(152 salaries)
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₹4 L/yr - ₹16.73 L/yr
Senior Associate Salary
(124 salaries)
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₹1.5 L/yr - ₹3.8 L/yr
Credit Analyst Salary
(107 salaries)
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₹5.21 L/yr - ₹20 L/yr
Accountant Salary
(10 salaries)
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₹1.4 L/yr - ₹6.3 L/yr
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₹8.02 L/yr - ₹18 L/yr
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₹9 L/yr - ₹18 L/yr
Senior Analyst Salary
(3 salaries)
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₹1.75 L/yr - ₹7.34 L/yr

Top skills at ICICI Bank for Analyst

Compliance Management Cisa SEBI

Salary related reviews for ICICI Bank

5.0

Rated by 1 employees for salary & benefits

Data Science & Analytics Department

4.0
  •  posted on 05 Jan 2021

4.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge two floor cafeteria and gym for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
  • +6 more

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 01 Feb 2025

3.0
 for  Salary and Benefits

Likes

Job Security

  • Job security - Good

Dislikes

I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

....Work life balance is good for me as we don't have too much pressure and stress. Salary and other benefits are also good. There is no appraisal system, therefore no leg pulling or working in silos is there which is very important for big organisation especially established banks. This very boon also have some cons like there are fixed increament at annual level which are close to 9% at mid management level and 4-5% at leadership levels. Additionally, the promotion happens in every 3 yrs(which is fixed based on your work experience and education level) till you reach leadership level and with each promotion you get salary hike of around 25% and from CM1 level you start to get Esops as well. Furthermore, there are fixed working hours from 9:15-5:15 for me and strictly no work from home policy. You have to be present physically everyday at ofc. Overall company culture is good like other corporates. In branch level things and experience might defer. Overall in my opinion better than other indian banks.

read more
  • Salary - Good
  • +4 more

Dislikes

Work from office for 6 days policy, with alternate Saturday's off. Others, You can read it in like section only, mentioned there

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 02 Nov 2024

5.0
 for  Salary and Benefits

Likes

Appraisal is fixed in every 3 year, salary increment is fixed, good bonus, good HR policy

read more
  • Salary - Excellent
  • +3 more

Dislikes

You will have to do multiple work at a time, office time is very strict for coming but not for going. You will be threatened multiple times for sending back you to HR, or getting warning mails and memos which make the job security very low for the organisation No work life balance good if you are bachler or not married

read more
  • Work-life balance - Bad

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 27 Oct 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is there if you are a Virtual RM. Salary is below average as compared to posh cities where cost of living is high like Bangalore. HR policies is good. Fresher should take a chance to learn and embibe in the field. Coming to promotion it is by default your years of experience and expertise in the domain.

read more
  • Job security - Good
  • +3 more

Dislikes

CTC Complexities Internal department change is not easy

see more salary related reviews

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ICICI Bank Analyst Salary FAQs

What is the salary of Analyst at ICICI Bank in Mumbai?
The average salary of a Analyst at ICICI Bank in Mumbai typically ranges from ₹14.6 Lakhs to ₹18.1 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Analyst in Mumbai at ICICI Bank earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.1 Lakhs per year. Analyst Salaries at ICICI Bank 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 30+ ICICI Bank employees in India.
What is the estimated take home salary of a Analyst at ICICI Bank in Mumbai?
The estimated take-home salary of a Analyst at ICICI Bank in Mumbai typically ranges from ₹1,01,981 to ₹1,04,766 per month. This is based on the average salary range of ₹14.6 Lakhs to ₹18.1 Lakhs per year for employees with experience ranging from 1 year to 4 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 30+ salaries received from various employees of ICICI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Analyst at ICICI Bank in Mumbai?
To be a Analyst at ICICI Bank in Mumbai, the key skills required include:

  • - Compliance Management
  • - Cisa
  • - SEBI

These skills are highly valued at ICICI Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Bank for Analyst in India?
Bank of America ₹8.8 Lakhs to ₹27.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Bank, depending on the role and experience level.
What is the salary of a Analyst in companies similar to ICICI Bank in Mumbai?
The salary of a Analyst at companies similar to ICICI Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays ₹5.9 Lakhs to ₹24.3 Lakhs per year
DBS Bank ₹7.5 Lakhs to ₹18.0 Lakhs per year
IndusInd Bank ₹10.2 Lakhs to ₹12.6 Lakhs per year
HDFC Bank ₹4.2 Lakhs to ₹16.7 Lakhs per year
Yes Bank ₹8.7 Lakhs to ₹11.0 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 Analyst at ICICI Bank in Mumbai?
The salary growth for a Analyst at ICICI Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Analyst in Mumbai can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
1 year ₹6.2 Lakhs to ₹17.0 Lakhs per year
2 years ₹10.5 Lakhs to ₹18.1 Lakhs per year
3 years ₹5.9 Lakhs to ₹18.0 Lakhs per year
4 years ₹5.9 Lakhs to ₹26.3 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Analyst salary in Mumbai ranges between ₹14.6 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 ICICI Bank latest salaries received from various employees of ICICI Bank.