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ICICI Bank Credit Risk Manager salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹8 Lakhs - ₹27.9 Lakhs
Salary of majority employees
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Fixed (79%)
₹12.5 Lakhs
Variable (21%)
₹3.2 Lakhs
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17% more than the average Credit Risk Manager Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

Risk Management & Compliance
Credit Risk Manager Salary
0 - 5 years exp. (23 salaries)
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₹11 L/yr - ₹27.5 L/yr

BFSI, Investments & Trading
Credit Risk Manager Salary
1 - 5 years exp. (20 salaries)
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₹8.3 L/yr - ₹25 L/yr

Finance & Accounting
Credit Risk Manager Salary
0 - 5 years exp. (17 salaries)
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₹8 L/yr - ₹20.5 L/yr

Data Science & Analytics
Credit Risk Manager Salary
1 - 4 years exp. (4 salaries)
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₹12 L/yr - ₹17 L/yr

Last Updated: 14 Mar 2025

Companies similar to ICICI Bank for Credit Risk Manager

Company name Avg Annual Salary Open Jobs
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Yes Bank Credit Risk Manager Salary

1 - 11 years exp. (100 salaries)

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₹4.5 L/yr - ₹17 L/yr

arrow icon 39% less
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HDFC Bank Credit Risk Manager Salary

1 - 8 years exp. (92 salaries)

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₹5 L/yr - ₹21.5 L/yr

arrow icon 21% less
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₹5.2 L/yr - ₹14 L/yr

arrow icon 41% less
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Standard Chartered Credit Risk Manager Salary

1 - 10 years exp. (14 salaries)

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₹12 L/yr - ₹27 L/yr

arrow icon 16% more
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Axis Bank Credit Risk Manager Salary

3 - 11 years exp. (14 salaries)

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₹8 L/yr - ₹21 L/yr

arrow icon 17% less
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₹4.8 L/yr - ₹7.2 L/yr

arrow icon 54% less
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Barclays Credit Risk Manager Salary

5 - 16 years exp. (13 salaries)

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₹13 L/yr - ₹28 L/yr

arrow icon 20% more
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RBL Bank Credit Risk Manager Salary

1 - 5 years exp. (10 salaries)

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₹3.7 L/yr - ₹12.6 L/yr

arrow icon 52% less
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IDFC FIRST Bank Credit Risk Manager Salary

1 - 5 years exp. (9 salaries)

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₹6.2 L/yr - ₹25 L/yr

arrow icon 6% less
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₹5.6 L/yr - ₹19.9 L/yr

arrow icon 19% less
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IndusInd Bank Credit Risk Manager Salary

3 - 7 years exp. (6 salaries)

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₹9.5 L/yr - ₹25.1 L/yr

arrow icon 3% more
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₹14.5 L/yr - ₹23.2 L/yr

arrow icon 17% more
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Bank of India Credit Risk Manager Salary

12 - 14 years exp. (5 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 21% less
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₹11.1 L/yr - ₹20 L/yr

arrow icon 11% less
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Bandhan Bank Credit Risk Manager Salary

0 - 3 years exp. (4 salaries)

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₹12 L/yr - ₹12.3 L/yr

arrow icon 23% less
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Bank of Baroda Credit Risk Manager Salary

2 - 10 years exp. (4 salaries)

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₹6.3 L/yr - ₹14 L/yr

arrow icon 37% less
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₹12 L/yr - ₹17.5 L/yr

arrow icon 10% less
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₹4.3 L/yr - ₹7.1 L/yr

arrow icon 66% less
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DBS Bank Credit Risk Manager Salary

13 - 18 years exp. (4 salaries)

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₹30 L/yr - ₹41.5 L/yr

arrow icon 115% more
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Deutsche Bank Credit Risk Manager Salary

4 - 9 years exp. (4 salaries)

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₹12.8 L/yr - ₹25 L/yr

arrow icon 11% more
View all
Credit Risk Manager salary at ICICI Bank ranges between ₹8 Lakhs to ₹27.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 86 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Credit Risk Manager

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Experience wise ICICI Bank Credit Risk Manager salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹8 L/yr - ₹16.5 L/yr
1 year  (21 salaries)

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₹8 L/yr - ₹18 L/yr
2 years  (22 salaries)

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₹8.4 L/yr - ₹22 L/yr
3 years  (18 salaries)

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₹9.4 L/yr - ₹26.5 L/yr
4 years  (11 salaries)

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₹13 L/yr - ₹25 L/yr
View all

Similar Designation salaries in ICICI Bank

Credit Manager Salary
(3.3k salaries)
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₹4.27 L/yr - ₹17.5 L/yr
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₹4.79 L/yr - ₹13.93 L/yr
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₹5.41 L/yr - ₹19.4 L/yr
Deputy Manager Salary
(15.5k salaries)
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₹2 L/yr - ₹11 L/yr
Chief Manager Salary
(2.2k salaries)
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₹13 L/yr - ₹39 L/yr
Credit Officer Salary
(118 salaries)
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₹1.2 L/yr - ₹4.7 L/yr
Branch Manager Salary
(2.3k salaries)
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₹5.39 L/yr - ₹23 L/yr
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₹1.19 L/yr - ₹10.56 L/yr
Relationship Manager Salary
(13.1k salaries)
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₹2.3 L/yr - ₹11.47 L/yr
Credit Analyst Salary
(374 salaries)
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₹5.3 L/yr - ₹18.94 L/yr

Top skills at ICICI Bank for Credit Risk Manager

Credit Rating Credit Risk Management Corporate Credit Risk Management Portfolio Management Credit Risk Analysis Risk Assessment Credit Appraisal Finance Senior Management Financial Analysis Credit Risk Compliance Credit Underwriting Credit Research

Salary related reviews for ICICI Bank

3.1

Rated by 5 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 14 Mar 2025

2.0
 for  Salary and Benefits

Likes

Very focused on Skill development, no boss management culture, lots of data oriented actionable taken, very tech savvy and technology oriented, Strong HR policies.

read more
  • Skill development - Good
  • +1 more

Dislikes

...gement. Decision made only upon statistical reference instead of ground reality. Very poor compensation policy, no incentive or rating culture. Man marking, staff usages, proper staff onboarding, training and monitoring are missing. Depth not there to generate more business, thus missing out market share in most of the non metro or semi urban location.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 20 Feb 2025

4.0
 for  Salary and Benefits

Likes

Good to work on icici

  • Salary - Good
  • +3 more

Dislikes

...and audit teams are involving the branches and wrong potrait to super officials. Low level lady staff are working for only salary not for organisation. They will escalate the small things to HR also.

read more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 02 Feb 2025

1.0
 for  Salary and Benefits

Likes

Bank Is Good But Many Peoples Are there is Old But Knowledge Less And Bank Haer Other Bank Employees Maximum Package And There Knowlege level is not up to the Mark. And old Employees struggling.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Many Other Employee they Are hard working But New Comers are High Salary And old Employees Are Less Salary. So culture is Disaster, Because Of salary Defferent.

read more
  • Salary - Bad
  • +3 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

 · 

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,

read more
  • Work satisfaction - Poor
  • +1 more
see more salary related reviews

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ICICI Bank Credit Risk Manager Salary FAQs

What is the salary of Credit Risk Manager at ICICI Bank ?
The average salary of a Credit Risk Manager at ICICI Bank in India typically ranges from ₹8.0 Lakhs to ₹27.9 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Credit Risk Manager at ICICI Bank earn more than ₹22.9 Lakhs per year, and the top 1% earn over ₹30.6 Lakhs per year. Credit Risk Manager 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 80+ ICICI Bank employees in India.
What is the estimated take home salary of a Credit Risk Manager at ICICI Bank in India?
The estimated take-home salary of a Credit Risk Manager at ICICI Bank in India typically ranges from ₹1,07,862 to ₹1,10,837 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹27.9 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 80+ 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 Credit Risk Manager at ICICI Bank ?
To be a Credit Risk Manager at ICICI Bank in india, the key skills required include:

  • - Credit Rating
  • - Credit Risk Management
  • - Corporate Credit
  • - Risk Management
  • - Portfolio Management

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 Credit Risk Manager in India?
DBS Bank ₹30.0 Lakhs to ₹41.5 Lakhs per year
Barclays ₹13.0 Lakhs to ₹28.0 Lakhs per year
Equitas Small Finance Bank ₹14.5 Lakhs to ₹23.2 Lakhs per year
Standard Chartered ₹12.0 Lakhs to ₹27.0 Lakhs per year
Deutsche Bank ₹12.8 Lakhs to ₹25.0 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 Credit Risk Manager in companies similar to ICICI Bank in India?
The salary of a Credit Risk Manager at companies similar to ICICI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Bank of India ₹14.0 Lakhs to ₹20.0 Lakhs per year
IndusInd Bank ₹9.5 Lakhs to ₹25.1 Lakhs per year
IDFC FIRST Bank ₹6.2 Lakhs to ₹25.0 Lakhs per year
Ujjivan Small Finance Bank ₹12.0 Lakhs to ₹17.5 Lakhs per year
Punjab National Bank ₹11.1 Lakhs to ₹20.0 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 Credit Risk Manager at ICICI Bank in India?
The salary growth for a Credit Risk Manager at ICICI Bank depends on factors such as experience, performance, and promotions. On average, a Credit Risk Manager can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
Fresher ₹8.0 Lakhs to ₹16.5 Lakhs per year
1 year ₹8.0 Lakhs to ₹18.0 Lakhs per year
2 years ₹8.4 Lakhs to ₹22.0 Lakhs per year
3 years ₹9.4 Lakhs to ₹26.5 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Credit Risk Manager salary in India ranges between ₹8 Lakhs to ₹27.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 86 ICICI Bank latest salaries received from various employees of ICICI Bank.