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ICICI Bank

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ICICI Bank Manager M1 salaries in Chennai (Updated 2025)

Annual salary range
1 - 16 years exp.
₹5.8 Lakhs - ₹13 Lakhs
Salary of majority employees
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At par with the average Manager M1 Salary in Banking Companies for 1 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Manager M1 Salary
3 - 16 years exp. (28 salaries)
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₹6 L/yr - ₹10.5 L/yr

BFSI, Investments & Trading
Manager M1 Salary
2 - 14 years exp. (25 salaries)
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₹6 L/yr - ₹13 L/yr

Finance & Accounting
Manager M1 Salary
1 - 15 years exp. (20 salaries)
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₹5.8 L/yr - ₹11.8 L/yr

Sales & Business Development
Manager M1 Salary
1 - 14 years exp. (8 salaries)
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₹7 L/yr - ₹11 L/yr

Marketing & Communication
Manager M1 Salary
7 - 14 years exp. (6 salaries)
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₹7.8 L/yr - ₹10.8 L/yr

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Last Updated: 25 Feb 2025

Companies similar to ICICI Bank for Manager M1 in Chennai

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ICICI Bank Manager M1 Salary

1 - 16 years exp. (103 salaries)

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₹5.8 L/yr - ₹13 L/yr

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

6 - 12 years exp. (8 salaries)

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₹5.5 L/yr - ₹11 L/yr

arrow icon 17% less
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Axis Bank Manager M1 Salary

5 - 12 years exp. (8 salaries)

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₹5.8 L/yr - ₹9 L/yr

arrow icon 26% less
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Kotak Mahindra Bank Manager M1 Salary

8 - 12 years exp. (4 salaries)

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₹3.9 L/yr - ₹10 L/yr

arrow icon 33% less
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Equitas Small Finance Bank Manager M1 Salary

8 - 13 years exp. (10 salaries)

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₹6 L/yr - ₹11 L/yr

arrow icon 14% less
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Yes Bank Manager M1 Salary

1 - 10 years exp. (3 salaries)

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₹6.7 L/yr - ₹8 L/yr

arrow icon 24% less
Manager M1 salary at ICICI Bank ranges between ₹5.8 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 103 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Manager M1 in Chennai

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12 years exp.
1w ago
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15 years exp.
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8 years exp.
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8 years exp.
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14 years exp.
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13 years exp.
1mo ago
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11 years exp.
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13 years exp.
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11 years exp.
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10 years exp.

Experience wise ICICI Bank Manager M1 salaries in Chennai

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹8.2 L/yr - ₹19.6 L/yr
2 years  (5 salaries)

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₹8.5 L/yr - ₹19.1 L/yr
3 years  (7 salaries)

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₹6.8 L/yr - ₹10.5 L/yr
4 years  (3 salaries)

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₹8.5 L/yr - ₹13 L/yr
5 years  (6 salaries)

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₹5.8 L/yr - ₹17.8 L/yr
View all

Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(1k salaries)
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₹3 L/yr - ₹10.4 L/yr
Branch Manager Salary
(212 salaries)
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₹5.73 L/yr - ₹25 L/yr
Team Lead Salary
(69 salaries)
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₹0.8 L/yr - ₹10.55 L/yr
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₹9.88 L/yr - ₹16 L/yr
Area Manager Salary
(7 salaries)
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₹4.5 L/yr - ₹10.5 L/yr
Team Manager Salary
(4 salaries)
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₹5.48 L/yr - ₹10.14 L/yr
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₹3.26 L/yr - ₹8.2 L/yr

Salary related reviews for ICICI Bank

3.6

Rated by 9 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.

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Full Time

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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.

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  • 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.

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  • Salary - Bad
  • +3 more

Full Time

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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
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ICICI Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at ICICI Bank Chennai?
Manager M1 salary at ICICI Bank in Chennai ranges between ₹5.8 Lakhs to ₹13.0 Lakhs for experience between 1 years to 16 years. According to our estimates it is 4% less than the average Manager M1 Salary in India. Salary estimates are based on 103 latest salaries received from various employees of ICICI Bank Chennai.
How does the salary of a Manager M1 at ICICI Bank Chennai compare with the average salary range for this job?
The average salary of a Manager M1 at ICICI Bank is 4% less than the average salary of a Manager M1 in Chennai. To know exact salary insights, login to view.
What is the salary of a Manager M1 in companies similar to ICICI Bank in Chennai?
  • Equitas Small Finance Bank Manager M1 Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
  • HDFC Bank Manager M1 Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
  • Yes Bank Manager M1 Salary - ₹6.7 Lakhs to ₹8.0 Lakhs per year
  • Axis Bank Manager M1 Salary - ₹5.8 Lakhs to ₹9.0 Lakhs per year
  • Kotak Mahindra Bank Manager M1 Salary - ₹3.9 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Manager M1 at ICICI Bank in Chennai?
The estimated take-home salary of a Manager M1 at ICICI Bank ranges between ₹72,114 per month to ₹73,973 per month in Chennai. The take-home salary calculation is based on the average ICICI Bank Manager M1 salary in India which ranges between ₹5.8 Lakhs to ₹13.0 Lakhs per year for employees with experience between 1 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Manager M1 at ICICI Bank in Chennai?
According to AmbitionBox, 77% of the ICICI Bank Manager M1s in Chennai reported a notice period of 1 Month, 10% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 83 responses on AmbitionBox in last 2 years.

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ICICI Bank Manager M1 salary in Chennai ranges between ₹5.8 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 103 ICICI Bank latest salaries received from various employees of ICICI Bank.