ICICI Bank Mumbai Deputy Manager Grade 2 Salaries by 700+ Employees (Updated 2025)

0 - 15 years exp.

₹4 Lakhs - ₹11 Lakhs

Salary of majority employees

Fixed (85%)

₹6.4 Lakhs

Variable (15%)

₹1.1 Lakh

13% 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. (284 salaries)	₹4.2 L/yr - ₹10.5 L/yr
Customer Success, Service & Operations Deputy Manager Grade 2 Salary 0 - 14 years exp. (175 salaries)	₹4 L/yr - ₹10 L/yr
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Finance & Accounting Deputy Manager Grade 2 Salary 0 - 13 years exp. (130 salaries)	₹4.5 L/yr - ₹11 L/yr
Sales & Business Development Deputy Manager Grade 2 Salary 0 - 12 years exp. (54 salaries)	₹4.5 L/yr - ₹11 L/yr
Risk Management & Compliance Deputy Manager Grade 2 Salary 1 - 12 years exp. (27 salaries)	₹5.4 L/yr - ₹10 L/yr

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Last Updated: 2 Mar 2025

Companies similar to ICICI Bank for Deputy Manager Grade 2 in Mumbai

ICICI Bank Deputy Manager Grade 2 Salary

0 - 15 years exp. (773 salaries)

₹4 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager Grade 2 Salary 1 - 10 years exp. (50 salaries)	₹3.8 L/yr - ₹6.7 L/yr 25% less
Axis Bank Deputy Manager Grade 2 Salary 3 - 8 years exp. (11 salaries)	₹5 L/yr - ₹7.8 L/yr 2% less
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Kotak Mahindra Bank Deputy Manager Grade 2 Salary 0 - 9 years exp. (211 salaries)	₹3 L/yr - ₹6.5 L/yr 36% less
Yes Bank Deputy Manager Grade 2 Salary 2 - 8 years exp. (10 salaries)	₹4 L/yr - ₹6.2 L/yr 27% less
IDFC FIRST Bank Deputy Manager Grade 2 Salary 3 - 9 years exp. (9 salaries)	₹3.6 L/yr - ₹7.5 L/yr 28% less
IndusInd Bank Deputy Manager Grade 2 Salary 4 - 8 years exp. (4 salaries)	₹4 L/yr - ₹5.9 L/yr 38% less
RBL Bank Deputy Manager Grade 2 Salary 0 - 7 years exp. (4 salaries)	₹5 L/yr - ₹5.6 L/yr 29% less
Equitas Small Finance Bank Deputy Manager Grade 2 Salary 4 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹5.7 L/yr 29% less
AU Small Finance Bank Deputy Manager Grade 2 Salary 5 - 7 years exp. (4 salaries)	₹5 L/yr - ₹5.9 L/yr 28% less

Deputy Manager Grade 2 salary at ICICI Bank ranges between ₹4 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 773 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Deputy Manager Grade 2 salaries in Mumbai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
Fresher (52 salaries)	₹4.2 L/yr - ₹9.5 L/yr
1 year (56 salaries)	₹4.2 L/yr - ₹10.1 L/yr
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2 years (77 salaries)	₹4 L/yr - ₹10.1 L/yr
3 years (78 salaries)	₹4.2 L/yr - ₹10.4 L/yr
4 years (56 salaries)	₹4.5 L/yr - ₹10.5 L/yr
5 years (60 salaries)	₹4.5 L/yr - ₹11 L/yr
6 years (69 salaries)	₹4.5 L/yr - ₹10.5 L/yr
7 years (62 salaries)	₹5 L/yr - ₹11 L/yr
8 years (82 salaries)	₹4.5 L/yr - ₹10 L/yr
9 years (57 salaries)	₹5.4 L/yr - ₹10 L/yr
10 years (51 salaries)	₹5.4 L/yr - ₹10 L/yr
11 years (24 salaries)	₹5.2 L/yr - ₹10 L/yr
12 years (26 salaries)	₹6 L/yr - ₹10 L/yr
13 years (13 salaries)	₹4.8 L/yr - ₹10 L/yr
14 years (6 salaries)	₹6 L/yr - ₹10 L/yr
15+ years (4 salaries)	₹6 L/yr - ₹8.2 L/yr

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Similar Designation salaries in ICICI Bank

Deputy Manager Salary

(3.6k salaries)

₹2 L/yr - ₹10.55 L/yr

Relationship Manager Salary

(1.9k salaries)

₹3.5 L/yr - ₹12.14 L/yr

Branch Manager Salary

(225 salaries)

₹5.5 L/yr - ₹22 L/yr

Team Lead Salary

(160 salaries)

₹1 L/yr - ₹9.52 L/yr

Operations Manager Salary

(72 salaries)

₹2.74 L/yr - ₹11.44 L/yr

Sales Manager Salary

(54 salaries)

₹2 L/yr - ₹11 L/yr

Senior Analyst Salary

(3 salaries)

₹1.75 L/yr - ₹7.44 L/yr

Salary related reviews for ICICI Bank

3.5

Rated by 80 employees for salary & benefits

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 Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Premises and Canteen.

Job security - Good

+1 more

Dislikes

Managers are not good. They make you work on weekends and they dont approve the musters on time due to which salary got deducted. Further there are no workstations for new employees. Most of freshers sit in canteen the whole day.

Promotions - Poor

+1 more

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 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

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What people are saying about ICICI Bank

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an assistant manager

Need guidance for career growth in Banking and finance domain.

Hey all, I'm working in a bank as a relationship manager with a package of 3.0 Lac of salary, and I now have 1 year of experience in retail banking. Before that, I had 1 year of experience as a customer support associate. Highest education qualification - Graduate in commerce Expecting your guidance on which skills and certifications I need to acquire for a high-paying job in the banking domain.

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ICICI Bank Deputy Manager Grade 2 Salary FAQs

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

Deputy Manager Grade 2 salary at ICICI Bank in Mumbai ranges between ₹4.0 Lakhs to ₹11.0 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 13% more than the average Deputy Manager Grade 2 Salary in India. Salary estimates are based on 773 latest salaries received from various employees of ICICI Bank Mumbai.

How does the salary of a Deputy Manager Grade 2 at ICICI Bank Mumbai compare with the average salary range for this job?

The average salary of a Deputy Manager Grade 2 at ICICI Bank is 13% more than the average salary of a Deputy Manager Grade 2 in Mumbai. To know exact salary insights, login to view.

What is the salary of a Deputy Manager Grade 2 in companies similar to ICICI Bank in Mumbai?

Axis Bank Deputy Manager Grade 2 Salary - ₹5.0 Lakhs to ₹7.8 Lakhs per year
HDFC Bank Deputy Manager Grade 2 Salary - ₹3.8 Lakhs to ₹6.7 Lakhs per year
Yes Bank Deputy Manager Grade 2 Salary - ₹4.0 Lakhs to ₹6.2 Lakhs per year
IDFC FIRST Bank Deputy Manager Grade 2 Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
AU Small Finance Bank Deputy Manager Grade 2 Salary - ₹5.0 Lakhs to ₹5.9 Lakhs per year

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

The estimated take-home salary of a Deputy Manager Grade 2 at ICICI Bank ranges between ₹55,788 per month to ₹57,186 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Deputy Manager Grade 2 salary in India which ranges between ₹4.0 Lakhs to ₹11.0 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager Grade 2 at ICICI Bank in Mumbai?

According to AmbitionBox, 87% of the ICICI Bank Deputy Manager Grade 2s in Mumbai reported a notice period of 1 Month, 6% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 809 responses on AmbitionBox in last 2 years.

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ICICI Bank Deputy Manager Grade 2 Salaries in Mumbai

ICICI Bank Deputy Manager Grade 2 salary in Mumbai ranges between ₹4 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 773 ICICI Bank latest salaries received from various employees of ICICI Bank.

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

Companies similar to ICICI Bank for Deputy Manager Grade 2 in Mumbai

Latest annual salaries shared by ICICI Bank Deputy Manager Grade 2 in Mumbai

Experience wise ICICI Bank Deputy Manager Grade 2 salaries in Mumbai

Similar Designation salaries in ICICI Bank

Salary related reviews for ICICI Bank

Deputy Manager Grade 2 in Mumbai

Deputy Manager Grade 2 in Mumbai

Deputy Manager Grade 2 in Hyderabad / Secunderabad

Deputy Manager Grade 2 in Hyderabad / Secunderabad

Deputy Manager Grade 2 in Hyderabad / Secunderabad

ICICI Bank Deputy Manager Grade 2 Salary FAQs

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