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ICICI Bank Department Manager salaries in India (Updated 2025)

Annual salary range
0 - 12 years exp.
₹3 Lakhs - ₹9 Lakhs
Salary of majority employees
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At par with the average Department Manager Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Department Manager Salary
10 - 12 years exp. (3 salaries)
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₹5 L/yr - ₹5.2 L/yr

BFSI, Investments & Trading
Department Manager Salary
1 - 10 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5 L/yr

Data Science & Analytics
Department Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.2 L/yr

Human Resources
Department Manager Salary
1 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.8 L/yr

Last Updated: 24 Feb 2025

Companies similar to ICICI Bank for Department Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Department Manager Salary

1 - 9 years exp. (26 salaries)

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₹3.5 L/yr - ₹8.2 L/yr

arrow icon 11% less
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Axis Bank Department Manager Salary

0 - 8 years exp. (13 salaries)

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₹4.7 L/yr - ₹10 L/yr

arrow icon 37% more
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State Bank of India Department Manager Salary

0 - 30 years exp. (4 salaries)

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₹20 L/yr - ₹75 L/yr

arrow icon 570% more
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Kotak Mahindra Bank Department Manager Salary

2 - 10 years exp. (11 salaries)

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₹2.8 L/yr - ₹4.9 L/yr

arrow icon 23% less
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IndusInd Bank Department Manager Salary

1 - 12 years exp. (14 salaries)

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₹3.6 L/yr - ₹4.9 L/yr

arrow icon 17% less
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Yes Bank Department Manager Salary

0 - 6 years exp. (12 salaries)

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₹4 L/yr - ₹10.3 L/yr

arrow icon 22% more
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IDFC FIRST Bank Department Manager Salary

3 - 5 years exp. (5 salaries)

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₹3.4 L/yr - ₹9.8 L/yr

arrow icon 17% more
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RBL Bank Department Manager Salary

4 - 10 years exp. (4 salaries)

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₹6.5 L/yr - ₹18 L/yr

arrow icon 119% more
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Standard Chartered Department Manager Salary

2 - 13 years exp. (5 salaries)

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₹12 L/yr - ₹18 L/yr

arrow icon 186% more
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₹3.6 L/yr - ₹9.2 L/yr

arrow icon 25% more
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₹3.4 L/yr - ₹6 L/yr

arrow icon 13% less
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₹12.5 L/yr - ₹18 L/yr

arrow icon 199% more

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Department Manager salary at ICICI Bank ranges between ₹3 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 28 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Department Manager

1w ago
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11 years exp.
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Experience wise ICICI Bank Department Manager salaries

Last Updated: 24 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.2 L/yr - ₹7.4 L/yr
1 year  (5 salaries)

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₹3.5 L/yr - ₹6.8 L/yr
2 years  (4 salaries)

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₹4 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹5.9 L/yr
View all

Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(15.5k salaries)
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₹2 L/yr - ₹11 L/yr
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₹2.6 L/yr - ₹11.48 L/yr
Senior Department Manager Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr
Store Manager Salary
(4 salaries)
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₹8.11 L/yr - ₹18.85 L/yr
Sales Manager Salary
(586 salaries)
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₹2 L/yr - ₹11 L/yr
Warehouse Manager Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Floor Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
Head Cashier Salary
(40 salaries)
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₹1.7 L/yr - ₹4.8 L/yr
Team Lead Salary
(835 salaries)
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₹0.7 L/yr - ₹10.29 L/yr
Assistant Store Manager Salary
(AmbitionBox Estimate)
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₹15.6 L/yr - ₹19.9 L/yr
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Salary related reviews for ICICI Bank

4.0

Rated by 11 employees for salary & benefits

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

 · 

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.

read more
  • Salary - Good

Dislikes

Nothing

  • Skill development - Poor
  • +2 more

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.

read more
  • Job security - Good
  • +3 more

Dislikes

CTC Complexities Internal department change is not easy

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.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 24 Oct 2024

5.0
 for  Salary and Benefits

Likes

... that interests you Benefits: You like the company's benefits Leadership: You like the goal-oriented leadership Fair pay: You like the fair pay Open-door policy: You like the open-door policy

read more
  • Salary - Excellent
  • +6 more

Dislikes

Career growth: You might not have the opportunity to develop new skills or advance your career. Management style: You might have multiple supervisors with different expectations. Schedule: You might need a more flexible schedule or the ability to work from home. Work environment: You might not feel the work environment is a good fit for you. Communication: You might not like the way your company, management, or team communicates. Team: You might not like the type of team you work with or the values or priorities of the team. Compensation: You might not feel you're being paid fairly for your work.

read more
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ICICI Bank Department Manager Salary FAQs

What is the salary of Department Manager at ICICI Bank?
Department Manager salary at ICICI Bank in India ranges between ₹3.0 Lakhs to ₹9.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 1% less than the average Department Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of ICICI Bank India.
How does the salary of a Department Manager at ICICI Bank India compare with the average salary range for this job?
The average salary of a Department Manager at ICICI Bank is 1% less than the average salary of a Department Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Bank to a Department Manager in India?
  • State Bank of India Department Manager Salary - ₹20.0 Lakhs to ₹75.0 Lakhs per year
  • Punjab National Bank Department Manager Salary - ₹12.5 Lakhs to ₹18.0 Lakhs per year
  • Standard Chartered Department Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
  • RBL Bank Department Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
  • Axis Bank Department Manager Salary - ₹4.7 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Department Manager in companies similar to ICICI Bank in India?
  • AU Small Finance Bank Department Manager Salary - ₹3.6 Lakhs to ₹9.2 Lakhs per year
  • Yes Bank Department Manager Salary - ₹4.0 Lakhs to ₹10.3 Lakhs per year
  • IDFC FIRST Bank Department Manager Salary - ₹3.4 Lakhs to ₹9.8 Lakhs per year
  • HDFC Bank Department Manager Salary - ₹3.5 Lakhs to ₹8.2 Lakhs per year
  • Ujjivan Small Finance Bank Department Manager Salary - ₹3.4 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Department Manager at ICICI Bank in India?
The estimated take-home salary of a Department Manager at ICICI Bank ranges between ₹38,149 per month to ₹39,341 per month in India. The take-home salary calculation is based on the average ICICI Bank Department Manager salary in India which ranges between ₹3.0 Lakhs to ₹9.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Department Manager at ICICI Bank?
According to AmbitionBox, 75% of the ICICI Bank Department Managers reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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ICICI Bank Department Manager salary in India ranges between ₹3 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 28 ICICI Bank latest salaries received from various employees of ICICI Bank.