ICICI Bank AVP Salaries by 20+ Employees

4 - 18 years exp.

₹15 Lakhs - ₹35 Lakhs

Salary of majority employees

28% less than the average AVP Salary in Banking Companies for 4 - 18 years of experience

Interested in this particular role?

Last Updated: 8 Jun 2024

Companies similar to ICICI Bank for AVP

Company name	Avg Annual Salary	Open Jobs
Barclays AVP Salary 8 - 18 years exp. (694 salaries)	₹15 L/yr - ₹47 L/yr 44% more
Deutsche Bank AVP Salary 9 - 19 years exp. (645 salaries)	₹16.3 L/yr - ₹48 L/yr 52% more
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Axis Bank AVP Salary 9 - 23 years exp. (399 salaries)	₹11 L/yr - ₹40 L/yr 10% more
HDFC Bank AVP Salary 10 - 21 years exp. (337 salaries)	₹13.5 L/yr - ₹40 L/yr 17% more
IndusInd Bank AVP Salary 6 - 19 years exp. (293 salaries)	₹8 L/yr - ₹25 L/yr 28% less
Yes Bank AVP Salary 6 - 18 years exp. (234 salaries)	₹11 L/yr - ₹24 L/yr 28% less
Kotak Mahindra Bank AVP Salary 8 - 18 years exp. (172 salaries)	₹9 L/yr - ₹32.4 L/yr 13% less
NatWest Group AVP Salary 9 - 17 years exp. (156 salaries)	₹14.7 L/yr - ₹46 L/yr 26% more
RBL Bank AVP Salary 7 - 20 years exp. (107 salaries)	₹12 L/yr - ₹23.8 L/yr 17% less
Bank of America AVP Salary 11 - 20 years exp. (99 salaries)	₹16.9 L/yr - ₹62 L/yr 69% more
Standard Chartered AVP Salary 9 - 18 years exp. (85 salaries)	₹22 L/yr - ₹51 L/yr 75% more
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Bandhan Bank AVP Salary 11 - 18 years exp. (84 salaries)	₹10 L/yr - ₹36.5 L/yr 3% less
DBS Bank AVP Salary 8 - 17 years exp. (83 salaries)	₹22 L/yr - ₹49.5 L/yr 63% more
IDFC FIRST Bank AVP Salary 10 - 19 years exp. (77 salaries)	₹16 L/yr - ₹35.1 L/yr 28% more
AU Small Finance Bank AVP Salary 8 - 20 years exp. (46 salaries)	₹10.5 L/yr - ₹28 L/yr 13% less
Equitas Small Finance Bank AVP Salary 11 - 21 years exp. (23 salaries)	₹9 L/yr - ₹19 L/yr 34% less
State Bank of India AVP Salary 3 - 16 years exp. (20 salaries)	₹7 L/yr - ₹22 L/yr 42% less
Jana Small Finance Bank AVP Salary 7 - 18 years exp. (12 salaries)	₹9 L/yr - ₹22 L/yr 33% less
Shinhan Bank AVP Salary 9 - 15 years exp. (7 salaries)	₹10 L/yr - ₹20 L/yr 30% less
Bank of Baroda AVP Salary 9 - 12 years exp. (6 salaries)	₹11 L/yr - ₹14 L/yr 40% less

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AVP salary at ICICI Bank ranges between ₹15 Lakhs to ₹35 Lakhs per year for employees with experience between 4 years to 18 years. Salary estimates are based on 21 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank AVP salaries

Last Updated: 8 Jun 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹21 L/yr - ₹30 L/yr
5 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹40.2 L/yr
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6 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr
7 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹28 L/yr
8 years (AmbitionBox Estimate)	₹22 L/yr - ₹39.8 L/yr
9 years (4 salaries)	₹15 L/yr - ₹30 L/yr
10 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹22 L/yr
11 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹22 L/yr
12 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹35 L/yr
13 years (AmbitionBox Estimate)	₹19.6 L/yr - ₹25.1 L/yr
14 years (3 salaries)	₹19 L/yr - ₹32 L/yr
15+ years (4 salaries)	₹17.5 L/yr - ₹38.8 L/yr

View all

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Salary related reviews for ICICI Bank

4.7

Rated by 2 employees for salary & benefits

Sales Executive in Ahmedabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

...ous training and development programs to help employees enhance their skills. 2. _Competitive Salary_: ICICI Bank provides competitive salaries and benefits to its employees.

Salary - Good

Dislikes

Nothing

Skill development - Poor

+2 more

Management Trainee in Mumbai

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.

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

Deputy Manager in Bangalore / Bengaluru

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.

Job security - Good

+3 more

Dislikes

CTC Complexities Internal department change is not easy

Chief Manager in New Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 25 Oct 2024

5.0

for Salary and Benefits

Likes

...g you can enjoy. You have to do one thing only. Do your Job with responsibility. Nothing will bother you inprospect of Job security, salary. You are working in most established brand who care for its employees.

Salary - Excellent

+6 more

Dislikes

Nothing

Deputy Manager in Kolkata

Full Time

Risk Management & Compliance Department

3.0

• posted on 28 Jun 2024

4.0

for Salary and Benefits

Likes

The overall salary structure. Centralized appraisals.

Salary - Good

+1 more

Dislikes

Thank God for centralized appraisals, otherwise one wouldn't get a dime! The company culture is deteriorating with every passing minute. You won't get to learn new things unless the hierarchy sees their own benefit in it. Favourism and partiality goes hand in hand and at a peak level.

Skill development - Poor

+3 more

see more salary related reviews

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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 AVP Salary FAQs

What is the salary of AVP at ICICI Bank ?

The average salary of a AVP at ICICI Bank in India typically ranges from ₹15.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 4 years to 18 years).

The top 10% of AVP at ICICI Bank earn more than ₹30.8 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. AVP 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 AVP at ICICI Bank in India?

The estimated take-home salary of a AVP at ICICI Bank in India typically ranges from ₹1,42,036 to ₹1,47,322 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 4 years to 18 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 AVP in India?

Standard Chartered	₹22.0 Lakhs to ₹51.0 Lakhs per year
Bank of America	₹16.9 Lakhs to ₹62.0 Lakhs per year
DBS Bank	₹22.0 Lakhs to ₹49.5 Lakhs per year
Deutsche Bank	₹16.3 Lakhs to ₹48.0 Lakhs per year
Barclays	₹15.0 Lakhs to ₹47.0 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 AVP in companies similar to ICICI Bank in India?

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

IDFC FIRST Bank	₹16.0 Lakhs to ₹35.1 Lakhs per year
Chase Bank	₹18.0 Lakhs to ₹35.0 Lakhs per year
NatWest Group	₹14.7 Lakhs to ₹46.0 Lakhs per year
HDFC Bank	₹13.5 Lakhs to ₹40.0 Lakhs per year
Axis Bank	₹11.0 Lakhs to ₹40.0 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 AVP at ICICI Bank in India?

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

Experience	Average Salary Range
4 years	₹21.0 Lakhs to ₹30.0 Lakhs per year
5 years	₹16.7 Lakhs to ₹40.2 Lakhs per year
6 years	₹20.0 Lakhs to ₹25.6 Lakhs per year
7 years	₹8.9 Lakhs to ₹28.0 Lakhs per year

and so on.

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ICICI Bank AVP Salaries

ICICI Bank AVP salary in India ranges between ₹15 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 ICICI Bank latest salaries received from various employees of ICICI Bank.