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ICICI Bank Manager M1 salaries in India (Updated 2025)

Annual salary range
1 - 17 years exp.
₹4.5 Lakhs - ₹15 Lakhs
Salary of majority employees
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Fixed (85%)
₹8.8 Lakhs
Variable (15%)
₹1.5 Lakh
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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. (476 salaries)
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₹4.5 L/yr - ₹15 L/yr

Finance & Accounting
Manager M1 Salary
1 - 16 years exp. (282 salaries)
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₹5.8 L/yr - ₹15 L/yr

Customer Success, Service & Operations
Manager M1 Salary
1 - 17 years exp. (272 salaries)
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₹5 L/yr - ₹13.8 L/yr

Sales & Business Development
Manager M1 Salary
1 - 16 years exp. (140 salaries)
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₹6 L/yr - ₹14 L/yr

Risk Management & Compliance
Manager M1 Salary
1 - 16 years exp. (76 salaries)
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₹6.9 L/yr - ₹14 L/yr

View all

Last Updated: 2 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

5 - 14 years exp. (148 salaries)

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₹5 L/yr - ₹13.3 L/yr

arrow icon 19% less
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Axis Bank Manager M1 Salary

5 - 14 years exp. (164 salaries)

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₹4.2 L/yr - ₹12 L/yr

arrow icon 24% less
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Kotak Mahindra Bank Manager M1 Salary

2 - 12 years exp. (42 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 43% less
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₹6 L/yr - ₹9.5 L/yr

arrow icon 28% less
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Bajaj Finance Manager M1 Salary

1 - 6 years exp. (4 salaries)

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₹4 L/yr - ₹5.6 L/yr

arrow icon 61% less
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Wipro Manager M1 Salary

10 - 18 years exp. (6 salaries)

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₹13 L/yr - ₹20 L/yr

arrow icon 42% more
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Deloitte Manager M1 Salary

4 - 16 years exp. (36 salaries)

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₹23.5 L/yr - ₹48 L/yr

arrow icon 239% more
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PwC Manager M1 Salary

4 - 13 years exp. (157 salaries)

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₹14 L/yr - ₹30.5 L/yr

arrow icon 139% more
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KPMG India Manager M1 Salary

9 - 10 years exp. (4 salaries)

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₹17 L/yr - ₹31.9 L/yr

arrow icon 187% more
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Ernst & Young Manager M1 Salary

4 - 13 years exp. (61 salaries)

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₹17 L/yr - ₹33.1 L/yr

arrow icon 161% more
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Amazon Manager M1 Salary

3 - 12 years exp. (50 salaries)

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₹7 L/yr - ₹17.8 L/yr

arrow icon 26% more
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Flipkart Manager M1 Salary

3 - 16 years exp. (31 salaries)

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₹12.5 L/yr - ₹22 L/yr

arrow icon 58% more
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IndusInd Bank Manager M1 Salary

4 - 11 years exp. (44 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 29% less
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AU Small Finance Bank Manager M1 Salary

2 - 13 years exp. (37 salaries)

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₹3.6 L/yr - ₹11 L/yr

arrow icon 31% 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 25% 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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Manager M1 salary at ICICI Bank ranges between ₹4.5 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 1.6k 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: 2 Mar 2025

Experience Avg Annual Salary
1 year  (31 salaries)

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₹6 L/yr - ₹13.5 L/yr
2 years  (86 salaries)

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₹5 L/yr - ₹14.5 L/yr
3 years  (152 salaries)

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₹4.8 L/yr - ₹15 L/yr
4 years  (104 salaries)

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₹4.5 L/yr - ₹15 L/yr
5 years  (137 salaries)

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₹5.5 L/yr - ₹15 L/yr
View all

Similar Designation salaries in ICICI Bank

Team Manager Salary
(139 salaries)
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₹6.34 L/yr - ₹11 L/yr
Area Manager Salary
(92 salaries)
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₹4.3 L/yr - ₹12 L/yr
Store Manager Salary
(4 salaries)
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₹8.11 L/yr - ₹18.85 L/yr
Team Lead Salary
(855 salaries)
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₹0.7 L/yr - ₹10.28 L/yr
Branch Manager Salary
(2.3k salaries)
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₹5.36 L/yr - ₹23 L/yr
Deputy Manager Salary
(15.5k salaries)
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₹2 L/yr - ₹11 L/yr
Program Manager Salary
(19 salaries)
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₹16 L/yr - ₹27.85 L/yr
Project Manager Salary
(155 salaries)
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₹7.5 L/yr - ₹25.4 L/yr
Cluster Manager Salary
(41 salaries)
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₹6 L/yr - ₹25 L/yr
Service Manager Salary
(52 salaries)
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₹3 L/yr - ₹10.14 L/yr
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Salary related reviews for ICICI Bank

3.8

Rated by 235 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

 · 

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

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.

read more
  • 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.

read more
  • Salary - Bad
  • +3 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
see more salary related reviews

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ICICI Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at ICICI Bank?
Manager M1 salary at ICICI Bank in India ranges between ₹4.5 Lakhs to ₹15.0 Lakhs for experience between 1 years to 17 years. According to our estimates it is 11% less than the average Manager M1 Salary in India. Salary estimates are based on 1.6k latest salaries received from various employees of ICICI Bank India.
How does the salary of a Manager M1 at ICICI Bank India compare with the average salary range for this job?
The average salary of a Manager M1 at ICICI Bank is 11% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Bank to a Manager M1 in India?
  • Deloitte Manager M1 Salary - ₹23.5 Lakhs to ₹48.0 Lakhs per year
  • KPMG India Manager M1 Salary - ₹17.0 Lakhs to ₹31.9 Lakhs per year
  • Ernst & Young Manager M1 Salary - ₹17.0 Lakhs to ₹33.1 Lakhs per year
  • PwC Manager M1 Salary - ₹14.0 Lakhs to ₹30.5 Lakhs per year
  • Flipkart Manager M1 Salary - ₹12.5 Lakhs to ₹22.0 Lakhs per year
What is the salary of a Manager M1 in companies similar to ICICI Bank in India?
  • Wipro Manager M1 Salary - ₹13.0 Lakhs to ₹20.0 Lakhs per year
  • Amazon Manager M1 Salary - ₹7.0 Lakhs to ₹17.8 Lakhs per year
  • Standard Chartered Manager M1 Salary - ₹6.9 Lakhs to ₹10.0 Lakhs per year
  • Bank of Baroda Manager M1 Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
  • HDFC Bank Manager M1 Salary - ₹5.0 Lakhs to ₹13.3 Lakhs per year
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 ranges between ₹74,255 per month to ₹76,175 per month in India. The take-home salary calculation is based on the average ICICI Bank Manager M1 salary in India which ranges between ₹4.5 Lakhs to ₹15.0 Lakhs per year for employees with experience between 1 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Manager M1 at ICICI Bank?
According to AmbitionBox, 81% of the ICICI Bank Manager M1s reported a notice period of 1 Month, 9% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 2k responses on AmbitionBox in last 2 years.

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ICICI Bank Manager M1 salary in India ranges between ₹4.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 1.6k ICICI Bank latest salaries received from various employees of ICICI Bank.

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