ICICI Bank Mumbai Associate Salaries by 20+ Employees (Updated 2025)

0 - 5 years exp.

₹1.4 Lakh - ₹5.1 Lakhs

Salary of majority employees

64% less than the average Associate Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 2 - 4 years exp. (6 salaries)	₹1.9 L/yr - ₹3.1 L/yr
Customer Success, Service & Operations Associate Salary 1 - 5 years exp. (6 salaries)	₹1.4 L/yr - ₹4.1 L/yr
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Finance & Accounting Associate Salary 0 - 4 years exp. (5 salaries)	₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 26 Jan 2025

Companies similar to ICICI Bank for Associate in Mumbai

ICICI Bank Associate Salary

0 - 5 years exp. (25 salaries)

₹1.4 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Deutsche Bank Associate Salary 2 - 15 years exp. (1k salaries)	₹10 L/yr - ₹33 L/yr 610% more	35 job openings
Kotak Mahindra Bank Associate Salary 0 - 7 years exp. (342 salaries)	₹1.4 L/yr - ₹4.2 L/yr 13% less
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IDFC FIRST Bank Associate Salary 0 - 8 years exp. (324 salaries)	₹1.6 L/yr - ₹4.9 L/yr 9% more
DBS Bank Associate Salary 1 - 14 years exp. (107 salaries)	₹7.4 L/yr - ₹30 L/yr 516% more	2 job openings
NatWest Group Associate Salary 4 - 12 years exp. (57 salaries)	₹9.1 L/yr - ₹34.5 L/yr 596% more
Standard Chartered Associate Salary 1 - 13 years exp. (56 salaries)	₹10 L/yr - ₹35 L/yr 600% more
Bank of America Associate Salary 2 - 10 years exp. (55 salaries)	₹12.3 L/yr - ₹47 L/yr 854% more
State Bank of India Associate Salary 1 - 7 years exp. (25 salaries)	₹3 L/yr - ₹8.6 L/yr 136% more
HDFC Bank Associate Salary 0 - 6 years exp. (21 salaries)	₹1.9 L/yr - ₹7.8 L/yr 6% more
Axis Bank Associate Salary 0 - 8 years exp. (17 salaries)	₹2.1 L/yr - ₹5 L/yr 23% more
Barclays Associate Salary 2 - 8 years exp. (12 salaries)	₹7.2 L/yr - ₹23 L/yr 494% more
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Yes Bank Associate Salary 1 - 8 years exp. (10 salaries)	₹2.5 L/yr - ₹4.9 L/yr 21% more
IndusInd Bank Associate Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 9% more
RBL Bank Associate Salary 2 - 6 years exp. (3 salaries)	₹2 L/yr - ₹3.3 L/yr 2% more

Associate salary at ICICI Bank ranges between ₹1.4 Lakh to ₹5.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 25 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Associate salaries in Mumbai

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.7 L/yr
1 year (5 salaries)	₹1.8 L/yr - ₹4.9 L/yr
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2 years (8 salaries)	₹1.5 L/yr - ₹4 L/yr
3 years (7 salaries)	₹1.4 L/yr - ₹7.2 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.8 L/yr

View all

Similar Designation salaries in ICICI Bank

Team Lead Salary

(156 salaries)

₹1 L/yr - ₹7 L/yr

Senior Associate Salary

(124 salaries)

₹1.5 L/yr - ₹3.8 L/yr

Web Developer Salary

(5 salaries)

₹2 L/yr - ₹4.8 L/yr

Salary related reviews for ICICI Bank

4.5

Rated by 5 employees for salary & benefits

Associate in Hyderabad / Secunderabad

Customer care email process. Department

5.0

• posted on 28 Apr 2019

5.0

for Salary and Benefits

Likes

...portal as well as Icici app. to fulfill their banking service need. Icici is no. 1 bank to paying employees salary on time and any incentives or extra amount like pf, bonus etc. that belongs to the employees will get credited to employees account at any how soon, Icici will not keep the employees amount on hold.

Salary - Excellent

+3 more

Dislikes

Work environment.

Team Lead in Bada Choraha Kanpur

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 May 2023

4.0

for Salary and Benefits

Likes

Working in ICICI Bank I am very proud to be say in anybody her working culture and customers sales and collection repayment policy is very nice and loan repayment options is very good

Salary - Good

+5 more

Dislikes

Salary and promotion system is very poor

Promotions - Poor

Senior Associate in Vadodara

Sales & Business Development Department

4.0

• posted on 20 Aug 2021

3.0

for Salary and Benefits

Likes

...d Employees Are so Helpfull And Supportive And Company Policy, management,team Work Are Damn Good , And they given good salary and bonus every year

Skill development - Good

+4 more

Dislikes

Career Growth Is Slow

Team Lead in Gachibowli Towers ICICI Bank Hyderabad Telangana

Finance & Accounting Department

5.0

• posted on 11 May 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria.

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.

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 06 Sep 2019

2.0

for Salary and Benefits

Likes

Environment is good....good platform for learning.....seniors is also very supportive....my frst job experience on icici bank is very good....

Skill development - Good

+2 more

Dislikes

Salary is very low....i m a off roll emplyee need to grow my career for my better furure needs

Salary - Poor

+1 more

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What people are saying about ICICI Bank

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indispensablefire

works at

ICICI Bank

Need assistance for a job switch

So I just finished a year at ICICI and am now in SO grade in the eRM channel. My highest educational qualification is a B.Com. And now I intend to prepare for FRM. But I’m not sure whether I should stay at ICICI for another year, then switch companies after earning a promotion, and in the meantime, continue pursuing FRM, or if I should switch right away. My current package in Bhubaneswar is 3.1 LPA…

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ICICI Bank Associate Salary FAQs

What is the salary of Associate at ICICI Bank in Mumbai?

The average salary of a Associate at ICICI Bank in Mumbai typically ranges from ₹1.4 Lakhs to ₹5.1 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Associate in Mumbai at ICICI Bank earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Associate 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 20+ ICICI Bank employees in India.

What is the estimated take home salary of a Associate at ICICI Bank in Mumbai?

The estimated take-home salary of a Associate at ICICI Bank in Mumbai typically ranges from ₹20,704 to ₹22,357 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from Fresher to 5 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 20+ salaries received from various employees of ICICI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Bank for Associate in India?

Bank of America	₹12.3 Lakhs to ₹47.0 Lakhs per year
Deutsche Bank	₹10.0 Lakhs to ₹33.0 Lakhs per year
Standard Chartered	₹10.0 Lakhs to ₹35.0 Lakhs per year
NatWest Group	₹9.1 Lakhs to ₹34.5 Lakhs per year
DBS Bank	₹7.4 Lakhs to ₹30.0 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 Associate in companies similar to ICICI Bank in Mumbai?

The salary of a Associate at companies similar to ICICI Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays	₹7.2 Lakhs to ₹23.0 Lakhs per year
State Bank of India	₹3.0 Lakhs to ₹8.6 Lakhs per year
Axis Bank	₹2.1 Lakhs to ₹5.0 Lakhs per year
Yes Bank	₹2.5 Lakhs to ₹4.9 Lakhs per year
IDFC FIRST Bank	₹1.6 Lakhs to ₹4.9 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 Associate at ICICI Bank in Mumbai?

The salary growth for a Associate at ICICI Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at ICICI Bank:

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹4.7 Lakhs per year
1 year	₹1.8 Lakhs to ₹4.9 Lakhs per year
2 years	₹1.5 Lakhs to ₹4.0 Lakhs per year
3 years	₹1.4 Lakhs to ₹7.2 Lakhs per year

and so on.

Tell us how to improve this page.

ICICI Bank Associate salary in Mumbai ranges between ₹1.4 Lakh to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 ICICI Bank latest salaries received from various employees of ICICI Bank.