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ICICI Bank Manager M1 salaries in India (Updated 2025)

Annual salary range
1 - 17 years exp.
₹4.5 Lakhs - ₹16 Lakhs
Salary of majority employees
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11% less than the average Manager M1 Salary in Banking Companies for 1 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager M1 Salary
1 - 17 years exp. (590 salaries)
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₹4.5 L/yr - ₹15 L/yr

Finance & Accounting
Manager M1 Salary
1 - 16 years exp. (329 salaries)
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₹5.8 L/yr - ₹15 L/yr

Customer Success, Service & Operations
Manager M1 Salary
1 - 17 years exp. (310 salaries)
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₹5 L/yr - ₹13.8 L/yr

Sales & Business Development
Manager M1 Salary
1 - 16 years exp. (198 salaries)
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₹5.6 L/yr - ₹15 L/yr

Risk Management & Compliance
Manager M1 Salary
1 - 16 years exp. (86 salaries)
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₹6.9 L/yr - ₹14 L/yr

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Last Updated: 24 Mar 2025

Companies similar to ICICI Bank for Manager M1

Company name Avg Annual Salary Open Jobs
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HDFC Bank Manager M1 Salary

6 - 14 years exp. (140 salaries)

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₹5 L/yr - ₹13.3 L/yr

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Axis Bank Manager M1 Salary

5 - 13 years exp. (162 salaries)

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₹4.4 L/yr - ₹10.6 L/yr

arrow icon 25% less
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IndusInd Bank Manager M1 Salary

4 - 11 years exp. (46 salaries)

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₹3.5 L/yr - ₹8.8 L/yr

arrow icon 38% less
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IDFC FIRST Bank Manager M1 Salary

4 - 12 years exp. (44 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 30% less
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Kotak Mahindra Bank Manager M1 Salary

2 - 12 years exp. (44 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 42% less
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AU Small Finance Bank Manager M1 Salary

2 - 13 years exp. (36 salaries)

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₹3.6 L/yr - ₹11 L/yr

arrow icon 32% less
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Yes Bank Manager M1 Salary

1 - 13 years exp. (35 salaries)

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₹5.5 L/yr - ₹10.1 L/yr

arrow icon 27% less
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Equitas Small Finance Bank Manager M1 Salary

7 - 13 years exp. (23 salaries)

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₹5.6 L/yr - ₹11 L/yr

arrow icon 23% less
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RBL Bank Manager M1 Salary

4 - 17 years exp. (19 salaries)

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₹5.7 L/yr - ₹11.9 L/yr

arrow icon 26% less
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Bandhan Bank Manager M1 Salary

9 - 13 years exp. (10 salaries)

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₹7.2 L/yr - ₹9.5 L/yr

arrow icon 20% less
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Standard Chartered Manager M1 Salary

5 - 10 years exp. (6 salaries)

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₹6.9 L/yr - ₹10 L/yr

arrow icon 11% less
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Bank of Baroda Manager M1 Salary

7 - 10 years exp. (4 salaries)

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₹7.5 L/yr - ₹10.5 L/yr

arrow icon 12% less
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Jana Small Finance Bank Manager M1 Salary

10 - 16 years exp. (4 salaries)

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₹6 L/yr - ₹6.5 L/yr

arrow icon 42% less
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Ujjivan Small Finance Bank Manager M1 Salary

5 - 13 years exp. (4 salaries)

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₹4.5 L/yr - ₹6.2 L/yr

arrow icon 48% less
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State Bank of India Manager M1 Salary

10 - 14 years exp. (3 salaries)

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₹20 L/yr - ₹36 L/yr

arrow icon 152% more
Manager M1 salary at ICICI Bank ranges between ₹4.5 Lakhs to ₹16 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 2k latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Manager M1

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Experience wise ICICI Bank Manager M1 salaries

Last Updated: 24 Mar 2025

Experience Avg Annual Salary
1 year  (32 salaries)

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₹6 L/yr - ₹13.5 L/yr
2 years  (100 salaries)

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₹5 L/yr - ₹15 L/yr
3 years  (180 salaries)

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₹4.8 L/yr - ₹15 L/yr
4 years  (132 salaries)

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₹4.5 L/yr - ₹15 L/yr
5 years  (167 salaries)

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₹5.2 L/yr - ₹15 L/yr
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Similar Designation salaries in ICICI Bank

Team Manager Salary
(160 salaries)
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₹8.01 L/yr - ₹19.1 L/yr
Area Manager Salary
(87 salaries)
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₹4.3 L/yr - ₹11.66 L/yr
Store Manager Salary
(4 salaries)
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₹8.11 L/yr - ₹18.85 L/yr
Team Lead Salary
(831 salaries)
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₹0.7 L/yr - ₹8 L/yr
Branch Manager Salary
(2.3k salaries)
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₹5.39 L/yr - ₹23 L/yr
Deputy Manager Salary
(15.5k salaries)
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₹2 L/yr - ₹11 L/yr
Program Manager Salary
(21 salaries)
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₹16 L/yr - ₹27.85 L/yr
Project Manager Salary
(151 salaries)
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₹7.05 L/yr - ₹25 L/yr
Cluster Manager Salary
(41 salaries)
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₹6 L/yr - ₹25 L/yr
Service Manager Salary
(51 salaries)
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₹3 L/yr - ₹10.17 L/yr

Salary related reviews for ICICI Bank

3.8

Rated by 244 employees for salary & benefits

Full Time

 · 

Data Science & Analytics Department

2.0
  •  posted on 06 Sep 2024

3.0
 for  Salary and Benefits

Likes

I was campus placed, so luckily I got 16 CTC ( 75k in hand) rest they kept in performance bonus and which they generally hesitate to give.

read more

Dislikes

...place for you. Along with work, you should also have to be good politician too. I was forced to resign, just because they're in the process of cost cutting and searching scape goats to accomplish that, unfortunately I was the one whose manager doesn't supported and created ultra toxic work environment, that forced me to resign.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 20 Jun 2024

4.0
 for  Salary and Benefits

Likes

Timing is good. Salary and benefits are good.

  • Salary - Good
  • +1 more

Dislikes

Always receive threatining to resign. Day to day work is like torture. Superior behaviour is very very bad. No training at all received. Partiality is done.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 24 Mar 2025

3.0
 for  Salary and Benefits

Likes

Salary come on time on the last day of the month.

Dislikes

... Even if you are not knowledgeable you need to remain in good books in ZH ad RH. Be their chamcha and you will get good promotion and raise in the salary. Be a bootlicker.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 14 Mar 2025

2.0
 for  Salary and Benefits

Likes

Very focused on Skill development, no boss management culture, lots of data oriented actionable taken, very tech savvy and technology oriented, Strong HR policies.

read more
  • Skill development - Good
  • +1 more

Dislikes

...gement. Decision made only upon statistical reference instead of ground reality. Very poor compensation policy, no incentive or rating culture. Man marking, staff usages, proper staff onboarding, training and monitoring are missing. Depth not there to generate more business, thus missing out market share in most of the non metro or semi urban location.

read more
  • Salary - Poor
  • +1 more

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.

read more
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ICICI Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at ICICI Bank ?
The average salary of a Manager M1 at ICICI Bank in India typically ranges from ₹4.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 1 year to 17 years).

The top 10% of Manager M1 at ICICI Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Manager M1 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 1900+ ICICI Bank employees in India.
What is the estimated take home salary of a Manager M1 at ICICI Bank in India?
The estimated take-home salary of a Manager M1 at ICICI Bank in India typically ranges from ₹74,213 to ₹76,132 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 1 year to 17 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 1900+ 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 Manager M1 in India?
State Bank of India ₹20.0 Lakhs to ₹36.0 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 Manager M1 in companies similar to ICICI Bank in India?
The salary of a Manager M1 at companies similar to ICICI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered ₹6.9 Lakhs to ₹10.0 Lakhs per year
Bank of Baroda ₹7.5 Lakhs to ₹10.5 Lakhs per year
HDFC Bank ₹5.0 Lakhs to ₹13.3 Lakhs per year
Bandhan Bank ₹7.2 Lakhs to ₹9.5 Lakhs per year
Equitas Small Finance Bank ₹5.6 Lakhs to ₹11.0 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 M1 at ICICI Bank in India?
The salary growth for a Manager M1 at ICICI Bank depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
1 year ₹6.0 Lakhs to ₹13.5 Lakhs per year
2 years ₹5.0 Lakhs to ₹15.0 Lakhs per year
3 years ₹4.8 Lakhs to ₹15.0 Lakhs per year
4 years ₹4.5 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Manager M1 salary in India ranges between ₹4.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 2k ICICI Bank latest salaries received from various employees of ICICI Bank.