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ICICI Bank

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4.0

based on 37.6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Bank Area Credit Manager salaries in Ludhiana

Annual salary range
2 - 8 years exp.
₹8 Lakhs - ₹19 Lakhs
Salary of majority employees
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7% less than the average Area Credit Manager Salary in Banking Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
2 - 8 years exp. (7 salaries)
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₹8 L/yr - ₹16.4 L/yr

Finance & Accounting
Area Credit Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹13.5 L/yr

Risk Management & Compliance
Area Credit Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹19 L/yr

Last Updated: 29 Mar 2024

Companies similar to ICICI Bank for Area Credit Manager in Ludhiana

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ICICI Bank Area Credit Manager Salary

2 - 8 years exp. (10 salaries)

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₹8 L/yr - ₹19 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Area Credit Manager Salary

11 - 17 years exp. (4 salaries)

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₹17.7 L/yr - ₹24.5 L/yr

arrow icon 54% more
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Axis Bank Area Credit Manager Salary

8 - 13 years exp. (7 salaries)

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₹9.4 L/yr - ₹15.7 L/yr

arrow icon 13% more
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IndusInd Bank Area Credit Manager Salary

8 - 11 years exp. (3 salaries)

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₹10.1 L/yr - ₹12.3 L/yr

arrow icon 5% less
2 job openings
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RBL Bank Area Credit Manager Salary

8 - 9 years exp. (3 salaries)

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₹9.7 L/yr - ₹13.5 L/yr

arrow icon 4% more
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₹7 L/yr - ₹12.2 L/yr

arrow icon 19% less
1 job opening
Area Credit Manager salary at ICICI Bank ranges between ₹8 Lakhs to ₹19 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 10 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Area Credit Manager in Ludhiana

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5 years exp.
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7 years exp.
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8 years exp.
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7 years exp.
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2 years exp.
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6 years exp.
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Experience wise ICICI Bank Area Credit Manager salaries in Ludhiana

Last Updated: 29 Mar 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹8 L/yr - ₹22.8 L/yr
3 years (AmbitionBox Estimate)

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₹8 L/yr - ₹22.7 L/yr
4 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹22.6 L/yr
5 years (AmbitionBox Estimate)

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₹11 L/yr - ₹22.5 L/yr
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹15.1 L/yr
View all
ICICI Bank Area Credit Manager Salary and Career Growth

From

To

Area Credit Manager

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1 - 14 years exp.

Zonal Head Credit

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17 - 20 years exp.

Area Credit Manager 1 - 14 years exp.
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Regional Credit Manager 4 - 13 years exp.
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arrow icon 31% hike
Zonal Credit Manager 6 - 17 years exp.
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arrow icon 33% hike

View more

Salary related reviews for ICICI Bank

5.0

Rated by 1 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 09 Jun 2020

5.0
 for  Salary and Benefits

Likes

Work culture is excellent with job security and good salary benefits.

  • Salary - Excellent
  • +3 more

Dislikes

Career growth is not good, your performance does not matter at all at the end of year, incapable persons who does not know about their work are getting promotion because of buttering, and capable persons have left this organisation because of office politics

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Full Time

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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

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Sales & Business Development Department

2.0
  •  posted on 17 Dec 2024

3.0
 for  Salary and Benefits

Likes

*Unlimited sick leaves

  • Job security - Excellent

Dislikes

People, leadership, sick leaves not approved - causing loss of pay, unorganised, manual data entry, ancient systems, frequent pointless meetings and have no clear agenda that stretch beyond 1 hr (max. 5 hrs), no work from home almost always required to work from anywhere on sick leave, have strict login and logout times,

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  • Work satisfaction - Poor
  • +1 more

Full Time

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Marketing & Communication Department

1.0
  •  posted on 16 Nov 2024

1.0
 for  Salary and Benefits

Likes

Dear all. As well as all company like Salary comes on time, second and fourth Saturday leave applicable and government leave as well.

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Dislikes

... 2) mentel sales pressure and mis guided to customer to opening trading account. 3) reporting Manager providing low salary range customer below 20K salary, and they can't eligible for cc , trading account, home loan, car loan etc, but reporting Manager asking sales number from that's wasted leads. 4) for account opening corporate they will send you Chennai to kanchipuram district almost 160 kilometres per day very long distance. U spent fuel Rs 9000/- and more but company give fuel allowance only 4,000/- 5) and your reporting Manager rejected your fuel allowance 3 to 4 times without any reason. 6) office time 9:15am to 5:15pm but after joining in few days management says 9 am to 7pm and some time 8pm to 9pm happened 7) my reporting Manager Deepak Kumar working Chennai koyambedu branch. He always like girls fellow. He don't like to talk boys and laughing. He only like girls and laughing time pass. And lunch time enjoying with girls eating food by his hand, and free pickup dropped for ladies but no boys. 8) if you go to ask employees icici toll free number they don't take an action to them because internal policies is fraud. 9) i left ICICI Bank 5 months ago still PF amount not settelment in pf account. 10) my good advice to youngers u have completed his /her degree please don't join like this of company. They give more stress full job and give low budget salary. Stay away.

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  • Salary - Bad
  • +6 more

Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 05 Nov 2024

2.0
 for  Salary and Benefits

Likes

On Time Salary

Dislikes

If you're a fresh graduate, especially from a top college, stay far away from this company. They’ll hire you for a Relationship Manager position, which is basically just a sales job. They promise job security, but that’s a lie. If you don’t meet your sales targets, they’ll constantly pressure you, and might even transfer you. The salary might look good at first, but there’s no real career growth. The training is practically nonexistent, and you’ll be expected to learn everything on your own. Don’t be fooled—if you care about your career, don’t even consider applying here. They bulk hire graduates and end up wasting your time and ruining your future.

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  • Salary - Poor
  • +4 more
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ICICI Bank Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at ICICI Bank Ludhiana?
Area Credit Manager salary at ICICI Bank in Ludhiana ranges between ₹8.0 Lakhs to ₹19.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 7% less than the average Area Credit Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of ICICI Bank Ludhiana.
How does the salary of a Area Credit Manager at ICICI Bank Ludhiana compare with the average salary range for this job?
The average salary of a Area Credit Manager at ICICI Bank is 7% less than the average salary of a Area Credit Manager in Ludhiana. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Bank to a Area Credit Manager in Ludhiana?
  • HDFC Bank Area Credit Manager Salary - ₹17.7 Lakhs to ₹24.5 Lakhs per year
  • Axis Bank Area Credit Manager Salary - ₹9.4 Lakhs to ₹15.7 Lakhs per year
  • RBL Bank Area Credit Manager Salary - ₹9.7 Lakhs to ₹13.5 Lakhs per year
What is the salary of a Area Credit Manager in companies similar to ICICI Bank in Ludhiana?
  • IndusInd Bank Area Credit Manager Salary - ₹10.1 Lakhs to ₹12.3 Lakhs per year
  • HDB Financial Services Area Credit Manager Salary - ₹7.0 Lakhs to ₹12.2 Lakhs per year
What is the estimated take home salary of a Area Credit Manager at ICICI Bank in Ludhiana?
The estimated take-home salary of a Area Credit Manager at ICICI Bank ranges between ₹88,122 per month to ₹90,434 per month in Ludhiana. The take-home salary calculation is based on the average ICICI Bank Area Credit Manager salary in India which ranges between ₹8.0 Lakhs to ₹19.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Area Credit Manager at ICICI Bank in Ludhiana?
According to AmbitionBox, 100% of the ICICI Bank Area Credit Managers in Ludhiana reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Bank Area Credit Manager salary in Ludhiana ranges between ₹8 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 ICICI Bank latest salaries received from various employees of ICICI Bank.