ICICI Bank Mumbai Debt Manager Salaries by 30+ Employees (Updated 2025)

3 - 13 years exp.

₹4 Lakhs - ₹10 Lakhs

Salary of majority employees

Fixed (79%)

₹5.5 Lakhs

Variable (21%)

₹1.5 Lakh

At par with the average Debt Manager Salary in Banking Companies for 3 - 13 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Debt Manager Salary 3 - 13 years exp. (16 salaries)	₹4.9 L/yr - ₹9.9 L/yr
Customer Success, Service & Operations Debt Manager Salary 5 - 12 years exp. (4 salaries)	₹6 L/yr - ₹9.9 L/yr
Login to view exact salary
Risk Management & Compliance Debt Manager Salary 3 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹8.8 L/yr
Finance & Accounting Debt Manager Salary 3 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹8.6 L/yr

Last Updated: 4 Mar 2025

Companies similar to ICICI Bank for Debt Manager in Mumbai

ICICI Bank Debt Manager Salary

3 - 13 years exp. (37 salaries)

₹4 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Debt Manager Salary 1 - 10 years exp. (21 salaries)	₹3.7 L/yr - ₹11.7 L/yr At par	2 job openings
Kotak Mahindra Bank Debt Manager Salary 3 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr 10% less
Login to view exact salary
Bajaj Finance Debt Manager Salary 6 - 7 years exp. (3 salaries)	₹4.9 L/yr - ₹7.5 L/yr 12% less

Debt Manager salary at ICICI Bank ranges between ₹4 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 37 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Debt Manager salaries in Mumbai

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
3 years (8 salaries)	₹4 L/yr - ₹7.5 L/yr
4 years (7 salaries)	₹4.5 L/yr - ₹7.6 L/yr
Login to view exact salary
5 years (5 salaries)	₹4.5 L/yr - ₹11.1 L/yr
6 years (4 salaries)	₹4.8 L/yr - ₹8.8 L/yr
7 years (3 salaries)	₹5.3 L/yr - ₹10 L/yr
8 years (4 salaries)	₹5.4 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹13.6 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9.9 L/yr

View all

From

Debt Manager

₹

Lakhs/yr

3 - 13 years exp.

Zonal Debt Manager

₹

Lakhs/yr

15 - 24 years exp.

Debt Manager

3 - 13 years exp.

Area Debt Manager

9 - 17 years exp.

56% hike

Regional Debt Manager

11 - 22 years exp.

59% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Bank

Deputy Manager Salary

(3.6k salaries)

₹2.5 L/yr - ₹10.55 L/yr

Relationship Manager Salary

(1.9k salaries)

₹3.11 L/yr - ₹11.45 L/yr

Branch Manager Salary

(223 salaries)

₹6.29 L/yr - ₹25.04 L/yr

Team Lead Salary

(156 salaries)

₹1 L/yr - ₹7 L/yr

Collections Manager Salary

(18 salaries)

₹4.1 L/yr - ₹11 L/yr

Area Debt Manager Salary

(8 salaries)

₹7 L/yr - ₹11.62 L/yr

Area Manager Salary

(4 salaries)

₹5.1 L/yr - ₹8.5 L/yr

Top skills at ICICI Bank for Debt Manager

Collections Recovery Debt Recovery Collection Management Payment Collection Collection Management Collections Management Debt Collection Debt Recovery Debt channel management mortgage Interpersonal Skills Legal

Salary related reviews for ICICI Bank

3.7

Rated by 5 employees for salary & benefits

Debt Manager in Mathura

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

I think Icici bank provide best career opportunities, there's no any resion to dislike

Debt Manager in Bhandara

BFSI, Investments & Trading Department

4.0

• posted on 05 Oct 2020

3.0

for Salary and Benefits

Likes

This is my first job. working with ICICI is a good experience for me. There is a job security for you, overall it is a good experience, no unconstitutional word used by any Boss. colleagues are helpful.

Skill development - Good

+5 more

Dislikes

salary and perks.

Debt Manager in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 23 Nov 2019

4.0

for Salary and Benefits

Likes

No training, depend on agency, job security is high, growth is slow, salary is not good , travel policy is good, lots of politics, no learning because you are collector , nothing innovative and work life balance is good. HR policy is just diplomatic department of ICICI bank where they are just machines.

Salary - Good

+3 more

Dislikes

HR policy

Debt Manager

BFSI, Investments & Trading Department

2.0

• posted on 23 Nov 2019

4.0

for Salary and Benefits

Likes

It is good to work there but mostly it depends over your superiors as the atmosphere whether it's positive or negative will be decided by them. For me it's not that good. Think before getting in.

Salary - Good

+1 more

Dislikes

Work-Life Balance, Work Environment, Salary/appraisel, Politics, career growth.

Work satisfaction - Poor

+2 more

Debt Manager in Kolkata

BFSI, Investments & Trading Department

4.0

• posted on 29 Mar 2021

4.0

for Salary and Benefits

Likes

ICICI Bank is having numerous department , one professional can switch his vertical also ( internal dept posting ). Opportunity in ICICI is more than other bank . Culture of the company is good , security of job is like other big organisation. Career growth totally depending on your performance but sometimes good performer also marked as average due to high vintage emp in the same dept who are also in the promotion queue . Growth in sales / marketing is very good - good performers of consecutive two years can be promoted as per HR Policy.

Salary - Good

+5 more

Dislikes

Nothing as such . Salary can be better .

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about ICICI Bank

View All

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…

Got a question about ICICI Bank?

Ask anonymously on communities.

ICICI Bank Debt Manager Salary FAQs

What is the salary of Debt Manager at ICICI Bank in Mumbai?

The average salary of a Debt Manager at ICICI Bank in Mumbai typically ranges from ₹4.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Debt Manager in Mumbai at ICICI Bank earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Debt 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 30+ ICICI Bank employees in India.

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

The estimated take-home salary of a Debt Manager at ICICI Bank in Mumbai typically ranges from ₹52,521 to ₹53,826 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 3 years to 13 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 Debt Manager at ICICI Bank in Mumbai?

To be a Debt Manager at ICICI Bank in Mumbai, the key skills required include:

- Collections
- Recovery
- Debt Recovery
- Collection Management
- Payment Collection

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 Debt Manager in India?

IDFC FIRST Bank

₹3.7 Lakhs to ₹11.7 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 Debt Manager in companies similar to ICICI Bank in Mumbai?

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

Kotak Mahindra Bank	₹4.5 Lakhs to ₹6.5 Lakhs per year
Bajaj Finance	₹4.9 Lakhs to ₹7.5 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 Debt Manager at ICICI Bank in Mumbai?

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

Experience	Average Salary Range
3 years	₹4.0 Lakhs to ₹7.5 Lakhs per year
4 years	₹4.5 Lakhs to ₹7.6 Lakhs per year
5 years	₹4.5 Lakhs to ₹11.1 Lakhs per year
6 years	₹4.8 Lakhs to ₹8.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
ICICI Bank Salaries >
ICICI Bank Debt Manager Salaries >
ICICI Bank Debt Manager Salaries in Mumbai

ICICI Bank Debt Manager salary in Mumbai ranges between ₹4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 ICICI Bank latest salaries received from various employees of ICICI Bank.