ICICI Bank Deputy Manager Grade 2 Salaries by 2800+ Employees (Updated 2025)

0 - 15 years exp.

₹3 Lakhs - ₹11.2 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

9% more than the average Deputy Manager Grade 2 Salary in Banking Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Grade 2 Salary 0 - 15 years exp. (945 salaries)	₹3 L/yr - ₹11 L/yr
Customer Success, Service & Operations Deputy Manager Grade 2 Salary 0 - 15 years exp. (617 salaries)	₹4 L/yr - ₹10.5 L/yr
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Finance & Accounting Deputy Manager Grade 2 Salary 0 - 13 years exp. (403 salaries)	₹4.2 L/yr - ₹11 L/yr
Sales & Business Development Deputy Manager Grade 2 Salary 0 - 13 years exp. (252 salaries)	₹4 L/yr - ₹11 L/yr
Risk Management & Compliance Deputy Manager Grade 2 Salary 0 - 12 years exp. (94 salaries)	₹3.5 L/yr - ₹11.2 L/yr

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Last Updated: 31 Mar 2025

Companies similar to ICICI Bank for Deputy Manager Grade 2

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Deputy Manager Grade 2 Salary 0 - 10 years exp. (791 salaries)	₹2.6 L/yr - ₹7 L/yr 35% less
HDFC Bank Deputy Manager Grade 2 Salary 1 - 11 years exp. (361 salaries)	₹3.6 L/yr - ₹8 L/yr 24% less
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Axis Bank Deputy Manager Grade 2 Salary 3 - 12 years exp. (134 salaries)	₹3.5 L/yr - ₹8.7 L/yr 9% less
IndusInd Bank Deputy Manager Grade 2 Salary 2 - 11 years exp. (132 salaries)	₹2.8 L/yr - ₹6 L/yr 40% less
Ujjivan Small Finance Bank Deputy Manager Grade 2 Salary 2 - 9 years exp. (77 salaries)	₹2.9 L/yr - ₹7 L/yr 40% less
IDFC FIRST Bank Deputy Manager Grade 2 Salary 1 - 9 years exp. (37 salaries)	₹3.3 L/yr - ₹9.8 L/yr 23% less
Yes Bank Deputy Manager Grade 2 Salary 2 - 8 years exp. (34 salaries)	₹4 L/yr - ₹7 L/yr 24% less
Equitas Small Finance Bank Deputy Manager Grade 2 Salary 2 - 13 years exp. (32 salaries)	₹4.2 L/yr - ₹11 L/yr 17% less
AU Small Finance Bank Deputy Manager Grade 2 Salary 3 - 8 years exp. (25 salaries)	₹3.7 L/yr - ₹9 L/yr 29% less
State Bank of India Deputy Manager Grade 2 Salary 4 - 12 years exp. (19 salaries)	₹9 L/yr - ₹18 L/yr 81% more
RBL Bank Deputy Manager Grade 2 Salary 0 - 11 years exp. (12 salaries)	₹5 L/yr - ₹6.6 L/yr 29% less
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Bandhan Bank Deputy Manager Grade 2 Salary 2 - 8 years exp. (8 salaries)	₹4.5 L/yr - ₹5.8 L/yr 30% less
Utkarsh Small Finance Bank Deputy Manager Grade 2 Salary 4 - 6 years exp. (4 salaries)	₹5.7 L/yr - ₹7 L/yr 15% less

Deputy Manager Grade 2 salary at ICICI Bank ranges between ₹3 Lakhs to ₹11.2 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 2.8k latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Deputy Manager Grade 2

2d ago

₹6 Lakhs

4 years exp.

2d ago

₹7.7 Lakhs

6 years exp.

2d ago

₹6.2 Lakhs

12 years exp.

2d ago

₹7.9 Lakhs

12 years exp.

2d ago

₹10 Lakhs

10 years exp.

3d ago

2 years exp.

3d ago

6 years exp.

3d ago

10 years exp.

3d ago

9 years exp.

3d ago

6 years exp.

Experience wise ICICI Bank Deputy Manager Grade 2 salaries

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
Fresher (250 salaries)	₹4.2 L/yr - ₹10.1 L/yr
1 year (205 salaries)	₹3 L/yr - ₹10.4 L/yr
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2 years (292 salaries)	₹4 L/yr - ₹10.1 L/yr
3 years (298 salaries)	₹4 L/yr - ₹10.4 L/yr
4 years (241 salaries)	₹4 L/yr - ₹10.8 L/yr
5 years (244 salaries)	₹4 L/yr - ₹11 L/yr
6 years (234 salaries)	₹3.1 L/yr - ₹11 L/yr
7 years (216 salaries)	₹4 L/yr - ₹11 L/yr
8 years (259 salaries)	₹4.3 L/yr - ₹11.2 L/yr
9 years (199 salaries)	₹4.7 L/yr - ₹10.5 L/yr
10 years (157 salaries)	₹4.7 L/yr - ₹10.5 L/yr
11 years (85 salaries)	₹5.2 L/yr - ₹10.5 L/yr
12 years (72 salaries)	₹5.3 L/yr - ₹10.5 L/yr
13 years (40 salaries)	₹4.8 L/yr - ₹10 L/yr
14 years (13 salaries)	₹5 L/yr - ₹10 L/yr
15+ years (10 salaries)	₹6 L/yr - ₹10.1 L/yr

View all

Similar Designation salaries in ICICI Bank

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(15.5k salaries)

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₹5.25 L/yr - ₹23 L/yr

Sales Manager Salary

(590 salaries)

₹2 L/yr - ₹11 L/yr

Operations Manager Salary

(512 salaries)

₹2.6 L/yr - ₹11.63 L/yr

Team Lead Salary

(766 salaries)

₹1 L/yr - ₹8 L/yr

Senior Analyst Salary

(40 salaries)

₹1.75 L/yr - ₹12 L/yr

Relationship Manager Salary

(13.1k salaries)

₹2.3 L/yr - ₹11.44 L/yr

Quality Analyst Salary

(16 salaries)

₹2.3 L/yr - ₹5 L/yr

Service Engineer Salary

(4 salaries)

₹1.05 L/yr - ₹3.52 L/yr

Salary related reviews for ICICI Bank

3.8

Rated by 485 employees for salary & benefits

Deputy Manager Grade 2 in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2024

4.0

for Salary and Benefits

Likes

Salary on time, good environment and everyone is cooperative. Will get scope to learn new things.

Salary - Good

+4 more

Dislikes

Sales culture, in the name of opportunity target is giving and there is no incentive neither extra bonus. The bonus they are giving that is also from our salary they are giving nothing extra.

Deputy Manager Grade 2 in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

3.0

• posted on 23 Feb 2024

2.0

for Salary and Benefits

Likes

Good work life balance, you can learn if you have the hunger, job security is good.

Skill development - Good

+2 more

Dislikes

...rowth and promotions as per vintage as decided by hr and not as per performance. But if you are satisfied with average salary and WLB, u can go for it.

Salary - Poor

+1 more

Deputy Manager Grade 2 in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Jun 2023

2.0

for Salary and Benefits

Likes

Literally cheated for my bonus. Work life balance is not good. Unnecessary pressure which doesn't even make sense. Would be happy to work even 10 hours if it makes sense. My father had cancer and i had to look after him in different city and HR response was you can take leave but no WFH is allowed. During 1st year, we have no paid leaves.

Job security - Excellent

+1 more

Dislikes

Standard 10% hike for everyone whether you do good work or bad. Gave me bonus of half of the bonus received by my colleague just because he joined 7 days before me. No performance linked incentive in the company (fixed or variable). Work from home is not allowed.

Salary - Poor

+3 more

Deputy Manager Grade 2 in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 22 Aug 2023

4.0

for Salary and Benefits

Likes

Timely salary Job security Good salary package Cafeteria Timely bonus and average hikes

Salary - Good

+1 more

Dislikes

Worst timings. More than 12 hours need to work some times No work life balance. No respect no support for few members I don't recommend trade finance operations ORM section. Pressure to do multiple works in less time . Poor training. No support for few members. No quality only quantity based works . Daily 120 percent productivity 10 hours login and 9 hours productivity time .

Work-life balance - Bad

Deputy Manager Grade 2 in Siliguri

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 25 Jun 2023

1.0

for Salary and Benefits

Likes

If you can accept the things and keep patience then someday it will be fruitful that could take years.

Job security - Good

Dislikes

Work culture is really bad. Salary quoted highly differs from actual inhand. Seniors treat as garbage. Shout for every reason Extreme target pressure. Some roles like me need to travel to different places but no facility provided.

Salary - Bad

+5 more

see more salary related reviews

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What people are saying about ICICI Bank

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tendervada

6d (edited)

currently not working

Need suggetion please 🙏

I have a new job in ICICI Bank for Branch Banking as a Relationship Manager, but my friend, who is also in the same bank, told me not to join Branch Banking as a Relationship Manager because the sales targets are too high and the work culture is too toxic. He suggested I transfer to Corporate Banking." Please give me suggetion?

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ICICI Bank Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at ICICI Bank ?

The average salary of a Deputy Manager Grade 2 at ICICI Bank in India typically ranges from ₹3.0 Lakhs to ₹11.2 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Deputy Manager Grade 2 at ICICI Bank earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹10.4 Lakhs per year. Deputy Manager Grade 2 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 2800+ ICICI Bank employees in India.

What is the estimated take home salary of a Deputy Manager Grade 2 at ICICI Bank in India?

The estimated take-home salary of a Deputy Manager Grade 2 at ICICI Bank in India typically ranges from ₹55,234 to ₹56,616 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹11.2 Lakhs per year for employees with experience ranging from Fresher to 15 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 2800+ 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 Deputy Manager Grade 2 in India?

State Bank of India

₹9.0 Lakhs to ₹18.0 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 Deputy Manager Grade 2 in companies similar to ICICI Bank in India?

The salary of a Deputy Manager Grade 2 at companies similar to ICICI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹3.5 Lakhs to ₹8.7 Lakhs per year
Utkarsh Small Finance Bank	₹5.7 Lakhs to ₹7.0 Lakhs per year
Equitas Small Finance Bank	₹4.2 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank	₹3.3 Lakhs to ₹9.8 Lakhs per year
HDFC Bank	₹3.6 Lakhs to ₹8.0 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 Deputy Manager Grade 2 at ICICI Bank in India?

The salary growth for a Deputy Manager Grade 2 at ICICI Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Grade 2 can expect the following growth trajectory at ICICI Bank:

Experience	Average Salary Range
Fresher	₹4.2 Lakhs to ₹10.1 Lakhs per year
1 year	₹3.0 Lakhs to ₹10.4 Lakhs per year
2 years	₹4.0 Lakhs to ₹10.1 Lakhs per year
3 years	₹4.0 Lakhs to ₹10.4 Lakhs per year

and so on.

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ICICI Bank Deputy Manager Grade 2 Salaries by Location

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ICICI Bank Deputy Manager Grade 2 Salaries

ICICI Bank Deputy Manager Grade 2 salary in India ranges between ₹3 Lakhs to ₹11.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 2.8k ICICI Bank latest salaries received from various employees of ICICI Bank.

ICICI Bank Deputy Manager Grade 2 salaries in India (Updated 2025)

Companies similar to ICICI Bank for Deputy Manager Grade 2

Latest annual salaries shared by ICICI Bank Deputy Manager Grade 2

Experience wise ICICI Bank Deputy Manager Grade 2 salaries

Similar Designation salaries in ICICI Bank

Salary related reviews for ICICI Bank

Deputy Manager Grade 2 in Hyderabad / Secunderabad

Deputy Manager Grade 2 in Hyderabad / Secunderabad

Deputy Manager Grade 2 in Mumbai

Deputy Manager Grade 2 in Hyderabad / Secunderabad

Deputy Manager Grade 2 in Siliguri

ICICI Bank Deputy Manager Grade 2 Salary FAQs

Tell us how to improve this page.

ICICI Bank Deputy Manager Grade 2 Salaries by Location