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ICICI Bank Manager II salaries in India (Updated 2025)

Annual salary range
2 - 16 years exp.
₹8 Lakhs - ₹26.2 Lakhs
Salary of majority employees
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17% less than the average Manager II Salary in Banking Companies for 2 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager II Salary
2 - 16 years exp. (83 salaries)
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₹9 L/yr - ₹26.2 L/yr

Finance & Accounting
Manager II Salary
2 - 15 years exp. (58 salaries)
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₹8.5 L/yr - ₹24.7 L/yr

Customer Success, Service & Operations
Manager II Salary
7 - 16 years exp. (44 salaries)
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₹9.3 L/yr - ₹19.9 L/yr

Sales & Business Development
Manager II Salary
3 - 16 years exp. (30 salaries)
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₹9.3 L/yr - ₹23.9 L/yr

Data Science & Analytics
Manager II Salary
2 - 13 years exp. (18 salaries)
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₹11 L/yr - ₹26 L/yr

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Last Updated: 19 Mar 2025

Companies similar to ICICI Bank for Manager II

Company name Avg Annual Salary Open Jobs
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Equitas Small Finance Bank Manager II Salary

9 - 17 years exp. (17 salaries)

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₹7.3 L/yr - ₹14 L/yr

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Kotak Mahindra Bank Manager II Salary

3 - 14 years exp. (17 salaries)

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₹5 L/yr - ₹8.8 L/yr

arrow icon 62% less
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AU Small Finance Bank Manager II Salary

2 - 10 years exp. (13 salaries)

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₹3.5 L/yr - ₹10 L/yr

arrow icon 64% less
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HDFC Bank Manager II Salary

3 - 11 years exp. (8 salaries)

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₹5 L/yr - ₹10.6 L/yr

arrow icon 44% less
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Axis Bank Manager II Salary

6 - 13 years exp. (8 salaries)

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₹7.2 L/yr - ₹13 L/yr

arrow icon 49% less
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IndusInd Bank Manager II Salary

3 - 13 years exp. (6 salaries)

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₹4 L/yr - ₹9.6 L/yr

arrow icon 60% less
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Bandhan Bank Manager II Salary

8 - 16 years exp. (6 salaries)

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₹7.2 L/yr - ₹11 L/yr

arrow icon 44% less
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Bank of Baroda Manager II Salary

8 - 12 years exp. (6 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 19% less
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IDFC FIRST Bank Manager II Salary

1 - 12 years exp. (5 salaries)

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₹5.3 L/yr - ₹8.5 L/yr

arrow icon 59% less
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Yes Bank Manager II Salary

5 - 9 years exp. (4 salaries)

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₹5.6 L/yr - ₹7.9 L/yr

arrow icon 58% less
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Union Bank of India Manager II Salary

5 - 7 years exp. (4 salaries)

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₹10.3 L/yr - ₹17 L/yr

arrow icon 25% less
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Punjab National Bank Manager II Salary

10 - 20 years exp. (4 salaries)

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₹10.2 L/yr - ₹15 L/yr

arrow icon 31% less
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Canara Bank Manager II Salary

4 - 6 years exp. (3 salaries)

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₹14.5 L/yr - ₹18 L/yr

arrow icon 9% less
Manager II salary at ICICI Bank ranges between ₹8 Lakhs to ₹26.2 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 402 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Manager II

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Experience wise ICICI Bank Manager II salaries

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
2 years  (11 salaries)

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₹9 L/yr - ₹24 L/yr
3 years  (39 salaries)

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₹10 L/yr - ₹26.2 L/yr
4 years  (26 salaries)

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₹9 L/yr - ₹23 L/yr
5 years  (28 salaries)

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₹8.5 L/yr - ₹23 L/yr
6 years  (27 salaries)

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₹10 L/yr - ₹22 L/yr
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ICICI Bank Manager II Salary and Career Growth

From

To

Manager II

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2 - 16 years exp.

Assistant General Manager

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15 - 24 years exp.

Manager II

2 - 16 years exp.
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Chief Manager 1

6 - 19 years exp.
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arrow icon 36% hike

Chief Manager 2

11 - 22 years exp.
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arrow icon 46% hike

From

To

Manager II

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2 - 16 years exp.

Chief Manager Scale 2

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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

Deputy Manager Salary
(15.5k salaries)
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₹2 L/yr - ₹11 L/yr
Senior Officer Salary
(3.3k salaries)
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₹1 L/yr - ₹6 L/yr
Product Manager Salary
(3.1k salaries)
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₹7.49 L/yr - ₹27.16 L/yr
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₹0.7 L/yr - ₹5.5 L/yr
Chief Manager Salary
(2.2k salaries)
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₹13 L/yr - ₹39 L/yr
Sales Executive Salary
(1.2k salaries)
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₹0.95 L/yr - ₹6 L/yr
Solution Manager Salary
(1.1k salaries)
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₹3.85 L/yr - ₹16 L/yr
Business Analyst Salary
(950 salaries)
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₹4 L/yr - ₹15.08 L/yr
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₹8.9 L/yr - ₹20.5 L/yr
Team Lead Salary
(831 salaries)
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₹0.7 L/yr - ₹8 L/yr

Salary related reviews for ICICI Bank

3.7

Rated by 41 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 24 Sep 2023

4.0
 for  Salary and Benefits

Likes

1. Brand-name of Bank & its Group and a promising Indian bank to breach into top 10 ranks of banks globally by M-cap 2. Job-security 3. Best Learning & Skill-development among it's peer banks. Most employees joining MNC banks or top positions in other banks most likely have worked before at ICICI Bank/Group cos 4. Adaptation & willingness to invest in latest software-tools/Systems, Analytical tools, Digital-platforms etc 5. Approachable management & supervisors. Team building activities & outings make the junior as well as mid-management comfortable with each other 6. Openness to Internal transfer movements for employees who want to explore or learn newer domains based on their interests 7. Opportunities for employees working in International banking units to relocate abroad for 3-5 years 8. Concessional interest on loans based on various management grade

read more
  • Salary - Good
  • +6 more

Dislikes

...andover made 4. Manager II level should also be given concessional home loans 5. Pay-scale can be still improved compared to MNC banks, given that working hours can exceed at ICICI bank based on some working saturdays. If ICICI Bank reviews, request to please re-consider exited employees to re-join esp; when employee left for higher pay to meet some financial obligations.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Nov 2023

5.0
 for  Salary and Benefits

Likes

Icici bank culture and Bonus But unfortunately I didn't got.

  • Salary - Excellent
  • +2 more

Dislikes

Seniors are blindly believing immediate supervisor feedback. My Manager name Jagannadha Purama was in bad books but still Seniors believed him due to that I have lost carrier. So many complaints against him but no one is taking action because he is senior most employee

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  • Skill development - Bad
  • +2 more

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

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

....Work life balance is good for me as we don't have too much pressure and stress. Salary and other benefits are also good. There is no appraisal system, therefore no leg pulling or working in silos is there which is very important for big organisation especially established banks. This very boon also have some cons like there are fixed increament at annual level which are close to 9% at mid management level and 4-5% at leadership levels. Additionally, the promotion happens in every 3 yrs(which is fixed based on your work experience and education level) till you reach leadership level and with each promotion you get salary hike of around 25% and from CM1 level you start to get Esops as well. Furthermore, there are fixed working hours from 9:15-5:15 for me and strictly no work from home policy. You have to be present physically everyday at ofc. Overall company culture is good like other corporates. In branch level things and experience might defer. Overall in my opinion better than other indian banks.

read more
  • Salary - Good
  • +4 more

Dislikes

Work from office for 6 days policy, with alternate Saturday's off. Others, You can read it in like section only, mentioned there

read more
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ICICI Bank Manager II Salary FAQs

What is the salary of Manager II at ICICI Bank ?
The average salary of a Manager II at ICICI Bank in India typically ranges from ₹8.0 Lakhs to ₹26.2 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Manager II at ICICI Bank earn more than ₹20.6 Lakhs per year, and the top 1% earn over ₹24.6 Lakhs per year. Manager II 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 400+ ICICI Bank employees in India.
What is the estimated take home salary of a Manager II at ICICI Bank in India?
The estimated take-home salary of a Manager II at ICICI Bank in India typically ranges from ₹1,14,850 to ₹1,18,051 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹26.2 Lakhs per year for employees with experience ranging from 2 years to 16 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 400+ salaries received from various employees of ICICI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Manager II in companies similar to ICICI Bank in India?
The salary of a Manager II at companies similar to ICICI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara Bank ₹14.5 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda ₹12.0 Lakhs to ₹15.0 Lakhs per year
Union Bank of India ₹10.3 Lakhs to ₹17.0 Lakhs per year
Punjab National Bank ₹10.2 Lakhs to ₹15.0 Lakhs per year
Equitas Small Finance Bank ₹7.3 Lakhs to ₹14.0 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 Manager II at ICICI Bank in India?
The salary growth for a Manager II at ICICI Bank depends on factors such as experience, performance, and promotions. On average, a Manager II can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
2 years ₹9.0 Lakhs to ₹24.0 Lakhs per year
3 years ₹10.0 Lakhs to ₹26.2 Lakhs per year
4 years ₹9.0 Lakhs to ₹23.0 Lakhs per year
5 years ₹8.5 Lakhs to ₹23.0 Lakhs per year
and so on.

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ICICI Bank Manager II salary in India ranges between ₹8 Lakhs to ₹26.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 402 ICICI Bank latest salaries received from various employees of ICICI Bank.