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ICICI Bank Department Manager salaries in India (Updated 2025)

Annual salary range
0 - 12 years exp.
₹3 Lakhs - ₹10 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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₹4.8 L/yr - ₹5.2 L/yr

Human Resources
Department Manager Salary
1 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.9 L/yr

Last Updated: 14 Mar 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. (28 salaries)

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₹3.5 L/yr - ₹10.7 L/yr

arrow icon 21% more
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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 35% 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 560% 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 24% 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 19% less
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Yes Bank Department Manager Salary

2 - 6 years exp. (6 salaries)

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₹4 L/yr - ₹8.3 L/yr

arrow icon 4% 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 15% 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 116% 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 182% more
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₹2.8 L/yr - ₹9.2 L/yr

arrow icon 2% less
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₹3.4 L/yr - ₹6 L/yr

arrow icon 14% less
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₹12.5 L/yr - ₹18 L/yr

arrow icon 194% more
Department Manager salary at ICICI Bank ranges between ₹3 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 30 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Department Manager

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1 year exp.
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1 year exp.
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Experience wise ICICI Bank Department Manager salaries

Last Updated: 14 Mar 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 - ₹5.7 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.9 L/yr
View all

Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(15.5k salaries)
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₹2.5 L/yr - ₹11 L/yr
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₹2.55 L/yr - ₹11.45 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
(589 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
(39 salaries)
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₹1.7 L/yr - ₹4.8 L/yr
Team Lead Salary
(771 salaries)
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₹0.7 L/yr - ₹8 L/yr
Assistant Store Manager Salary
(AmbitionBox Estimate)
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₹15.6 L/yr - ₹19.9 L/yr

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.

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  • 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 ?
The average salary of a Department Manager at ICICI Bank in India typically ranges from ₹3.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Department Manager at ICICI Bank earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Department 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 Department Manager at ICICI Bank in India?
The estimated take-home salary of a Department Manager at ICICI Bank in India typically ranges from ₹38,755 to ₹39,939 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 12 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.
Which companies offer higher salaries than ICICI Bank for Department Manager in India?
State Bank of India ₹20.0 Lakhs to ₹75.0 Lakhs per year
Punjab National Bank ₹12.5 Lakhs to ₹18.0 Lakhs per year
Standard Chartered ₹12.0 Lakhs to ₹18.0 Lakhs per year
RBL Bank ₹6.5 Lakhs to ₹18.0 Lakhs per year
Axis Bank ₹4.7 Lakhs to ₹10.0 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 Department Manager in companies similar to ICICI Bank in India?
The salary of a Department Manager at companies similar to ICICI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹3.5 Lakhs to ₹10.7 Lakhs per year
IDFC FIRST Bank ₹3.4 Lakhs to ₹9.8 Lakhs per year
Yes Bank ₹4.0 Lakhs to ₹8.3 Lakhs per year
AU Small Finance Bank ₹2.8 Lakhs to ₹9.2 Lakhs per year
Ujjivan Small Finance Bank ₹3.4 Lakhs to ₹6.0 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 Department Manager at ICICI Bank in India?
The salary growth for a Department Manager at ICICI Bank depends on factors such as experience, performance, and promotions. On average, a Department Manager can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
Fresher ₹3.2 Lakhs to ₹7.4 Lakhs per year
1 year ₹3.5 Lakhs to ₹6.8 Lakhs per year
2 years ₹4.0 Lakhs to ₹9.0 Lakhs per year
3 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Department Manager salary in India ranges between ₹3 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 ICICI Bank latest salaries received from various employees of ICICI Bank.