ICICI Bank Electrical Engineer Salaries by 6 Employees

0 - 9 years exp.

₹2.3 Lakhs - ₹7.4 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Electrical Engineer Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Electrical Engineer Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹2.8 L/yr
Construction & Site Engineering Electrical Engineer Salary 3 - 9 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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Engineering - Hardware & Networks Electrical Engineer Salary Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
Administration & Facilities Electrical Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr

Last Updated: 12 Sep 2024

Companies similar to ICICI Bank for Electrical Engineer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Electrical Engineer Salary 0 - 6 years exp. (4 salaries)	₹1.1 L/yr - ₹3.3 L/yr 51% less
Yes Bank Electrical Engineer Salary 4 - 6 years exp. (6 salaries)	₹1.2 L/yr - ₹4 L/yr 26% less
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Federal Bank Electrical Engineer Salary 1 - 10 years exp. (4 salaries)	₹5 L/yr - ₹14.2 L/yr 157% more
J&K Bank Electrical Engineer Salary 2 - 4 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr 10% more
Suzlon Group Electrical Engineer Salary 1 - 8 years exp. (566 salaries)	₹1.8 L/yr - ₹6.6 L/yr 6% less

Electrical Engineer salary at ICICI Bank ranges between ₹2.3 Lakhs to ₹7.4 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Electrical Engineer salaries

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
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2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹8.1 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
9 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3 L/yr

View all

Similar Designation salaries in ICICI Bank

Executive Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Service Engineer Salary

(4 salaries)

₹1.05 L/yr - ₹3.52 L/yr

Senior Electrical Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Electrical Project Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Senior Engineer Salary

(4 salaries)

₹2.6 L/yr - ₹7.5 L/yr

Field Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Project Engineer Salary

(4 salaries)

₹3 L/yr - ₹6 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Salary related reviews for ICICI Bank

3.7

Rated by 3 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

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.

Job security - Good

+3 more

Dislikes

CTC Complexities Internal department change is not easy

Deputy Manager in Kolkata

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.

Skill development - Poor

+3 more

Deputy Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Jun 2024

2.0

for Salary and Benefits

Likes

I like most the company culture and training programme of the bank.

Job security - Good

+1 more

Dislikes

Salary is not meeting the inflation and that to be in a big city like hyderabad. There is no connection between the post of deputy manager and the role in bank.

Salary - Poor

+1 more

Deputy Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Jul 2023

3.0

for Salary and Benefits

Likes

Salary

Dislikes

...look you as a Human. Even in this century those people see Caste and Religion. Only the Salary part is good other than that nothing. No Work life balance. Have to work for 12 hours daily. Though there are not much work you will be asked to sit until your senior tells you to go home. They will just change your role without your consent and ask you to move to other departments.

Promotions - Bad

+2 more

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 03 Feb 2023

2.0

for Salary and Benefits

Likes

Job security, company culture, work life balance

Job security - Excellent

+3 more

Dislikes

Salary structure especially for old people, external hired employees on same position get more salary than old employees. Work from home option limited to few favourites Department.

Salary - Poor

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What people are saying about ICICI Bank

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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…

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ICICI Bank Electrical Engineer Salary FAQs

What is the salary of Electrical Engineer at ICICI Bank ?

The average salary of a Electrical Engineer at ICICI Bank in India typically ranges from ₹2.3 Lakhs to ₹7.4 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Electrical Engineer at ICICI Bank earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Electrical Engineer 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 6 ICICI Bank employees in India.

What is the estimated take home salary of a Electrical Engineer at ICICI Bank in India?

The estimated take-home salary of a Electrical Engineer at ICICI Bank in India typically ranges from ₹28,188 to ₹29,579 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from Fresher to 9 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 6 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 Electrical Engineer in India?

Federal Bank	₹5.0 Lakhs to ₹14.2 Lakhs per year
J&K Bank	₹3.8 Lakhs to ₹4.8 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 Electrical Engineer in companies similar to ICICI Bank in India?

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

Suzlon Group	₹1.8 Lakhs to ₹6.6 Lakhs per year
Yes Bank	₹1.2 Lakhs to ₹4.0 Lakhs per year
State Bank of India	₹1.1 Lakhs to ₹3.3 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 Electrical Engineer at ICICI Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹10.0 Lakhs per year
1 year	₹4.9 Lakhs to ₹6.3 Lakhs per year
2 years	₹3.4 Lakhs to ₹9.0 Lakhs per year
3 years	₹2.3 Lakhs to ₹8.1 Lakhs per year

and so on.

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ICICI Bank Electrical Engineer Salaries

ICICI Bank Electrical Engineer salary in India ranges between ₹2.3 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ICICI Bank latest salaries received from various employees of ICICI Bank.