ICICI Bank Mumbai Manager 1 Salaries by 60+ Employees (Updated 2025)

0 - 11 years exp.

₹5.3 Lakhs - ₹19 Lakhs

Salary of majority employees

6% less than the average Manager 1 Salary in Banking Companies for 0 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Manager 1 Salary 0 - 11 years exp. (14 salaries)	₹6.4 L/yr - ₹17 L/yr
Finance & Accounting Manager 1 Salary 2 - 11 years exp. (14 salaries)	₹5.3 L/yr - ₹15.5 L/yr
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Customer Success, Service & Operations Manager 1 Salary 2 - 11 years exp. (13 salaries)	₹6 L/yr - ₹15.7 L/yr
Product Management Manager 1 Salary 2 - 7 years exp. (5 salaries)	₹8.2 L/yr - ₹16 L/yr
Engineering - Software & QA Manager 1 Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹16 L/yr

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Last Updated: 8 Mar 2025

Companies similar to ICICI Bank for Manager 1 in Mumbai

ICICI Bank Manager 1 Salary

0 - 11 years exp. (66 salaries)

₹5.3 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Manager 1 Salary 1 - 11 years exp. (24 salaries)	₹6 L/yr - ₹7.8 L/yr 36% less
CitiusTech Manager 1 Salary 9 - 13 years exp. (8 salaries)	₹12.4 L/yr - ₹17.7 L/yr 39% more
Login to view exact salary
Macleods Pharmaceuticals Manager 1 Salary 4 - 15 years exp. (3 salaries)	₹11 L/yr - ₹15.8 L/yr 26% more
Foundever Manager 1 Salary 6 - 16 years exp. (3 salaries)	₹9 L/yr - ₹12.7 L/yr 12% less
QbD Research Manager 1 Salary 9 - 11 years exp. (3 salaries)	₹9.3 L/yr - ₹11.6 L/yr 4% less

Manager 1 salary at ICICI Bank ranges between ₹5.3 Lakhs to ₹19 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 66 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Manager 1 salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.4 L/yr - ₹17 L/yr
1 year (AmbitionBox Estimate)	₹5.8 L/yr - ₹17 L/yr
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2 years (7 salaries)	₹8.7 L/yr - ₹19 L/yr
3 years (7 salaries)	₹7.5 L/yr - ₹12.7 L/yr
4 years (5 salaries)	₹6.5 L/yr - ₹12.5 L/yr
5 years (7 salaries)	₹5.3 L/yr - ₹15.5 L/yr
6 years (6 salaries)	₹6.5 L/yr - ₹13.5 L/yr
7 years (7 salaries)	₹7 L/yr - ₹9.5 L/yr
8 years (8 salaries)	₹6 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹16 L/yr
10 years (5 salaries)	₹7.5 L/yr - ₹10.4 L/yr
11 years (10 salaries)	₹6.4 L/yr - ₹11 L/yr

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From

Manager 1

₹

Lakhs/yr

0 - 11 years exp.

Assistant General Manager

₹

Lakhs/yr

15 - 24 years exp.

Manager 1

0 - 11 years exp.

Manager II

2 - 16 years exp.

53% hike

Chief Manager 1

6 - 19 years exp.

36% hike

From

View 2 more levels

Manager 1

0 - 11 years exp.

Chief Manager Scale 2

12 - 23 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Bank

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(3.5k salaries)

₹2.5 L/yr - ₹10.55 L/yr

Branch Manager Salary

(222 salaries)

₹5.5 L/yr - ₹22 L/yr

Team Lead Salary

(155 salaries)

₹1 L/yr - ₹7.2 L/yr

Project Manager Salary

(76 salaries)

₹13.47 L/yr - ₹23.7 L/yr

Service Manager Salary

(13 salaries)

₹3.25 L/yr - ₹10.39 L/yr

Team Manager Salary

(11 salaries)

₹5.29 L/yr - ₹21.59 L/yr

Program Manager Salary

(10 salaries)

₹16 L/yr - ₹27.85 L/yr

Area Manager Salary

(4 salaries)

₹5.1 L/yr - ₹8.5 L/yr

Salary related reviews for ICICI Bank

3.9

Rated by 7 employees for salary & benefits

Manager 1 in Mumbai

Full Time

Other Department

3.0

• posted on 24 Jul 2023

4.0

for Salary and Benefits

Likes

The pay packet

Salary - Good

+2 more

Dislikes

The infrastructure the company culture the superiority of work poilitics and dirty bosses. They are everything not what they claim to be if the dirty crowd is out of this organisation this place will have a good culture

Skill development - Bad

+3 more

Manager 1 in Bhopal

BFSI, Investments & Trading Department

5.0

• posted on 30 Apr 2021

2.0

for Salary and Benefits

Likes

...e as they want... And money is main parameter which drives you to leave that.... Pay less and work more

Skill development - Excellent

+1 more

Dislikes

Pay less and work more

Salary - Poor

+4 more

Branch Manager in Macherla

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 20 Feb 2025

4.0

for Salary and Benefits

Likes

Good to work on icici

Salary - Good

+3 more

Dislikes

...and audit teams are involving the branches and wrong potrait to super officials. Low level lady staff are working for only salary not for organisation. They will escalate the small things to HR also.

Relationship Manager in Jalgaon

Full Time

Engineering - Software & QA Department

2.0

• posted on 02 Feb 2025

1.0

for Salary and Benefits

Likes

Bank Is Good But Many Peoples Are there is Old But Knowledge Less And Bank Haer Other Bank Employees Maximum Package And There Knowlege level is not up to the Mark. And old Employees struggling.

Job security - Excellent

+1 more

Dislikes

Many Other Employee they Are hard working But New Comers are High Salary And old Employees Are Less Salary. So culture is Disaster, Because Of salary Defferent.

Salary - Bad

+3 more

Deputy Manager in Hyderabad / Secunderabad

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.

Work satisfaction - Poor

+1 more

see more salary related reviews

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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 Manager 1 Salary FAQs

What is the salary of Manager 1 at ICICI Bank Mumbai?

Manager 1 salary at ICICI Bank in Mumbai ranges between ₹5.3 Lakhs to ₹19.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 6% less than the average Manager 1 Salary in India. Salary estimates are based on 66 latest salaries received from various employees of ICICI Bank Mumbai.

How does the salary of a Manager 1 at ICICI Bank Mumbai compare with the average salary range for this job?

The average salary of a Manager 1 at ICICI Bank is 6% less than the average salary of a Manager 1 in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Bank to a Manager 1 in Mumbai?

CitiusTech Manager 1 Salary - ₹12.4 Lakhs to ₹17.7 Lakhs per year
Macleods Pharmaceuticals Manager 1 Salary - ₹11.0 Lakhs to ₹15.8 Lakhs per year

What is the salary of a Manager 1 in companies similar to ICICI Bank in Mumbai?

QbD Research Manager 1 Salary - ₹9.3 Lakhs to ₹11.6 Lakhs per year
Foundever Manager 1 Salary - ₹9.0 Lakhs to ₹12.7 Lakhs per year
ICICI Prudential Life Insurance Manager 1 Salary - ₹6.0 Lakhs to ₹7.8 Lakhs per year

What is the estimated take home salary of a Manager 1 at ICICI Bank in Mumbai?

The estimated take-home salary of a Manager 1 at ICICI Bank ranges between ₹79,136 per month to ₹81,194 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Manager 1 salary in India which ranges between ₹5.3 Lakhs to ₹19.0 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Manager 1 at ICICI Bank in Mumbai?

According to AmbitionBox, 91% of the ICICI Bank Manager 1s in Mumbai reported a notice period of 1 Month, 6% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Bank Manager 1 salary in Mumbai ranges between ₹5.3 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 66 ICICI Bank latest salaries received from various employees of ICICI Bank.