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ICICI Bank

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4.0

based on 37.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Bank Manager M1 salaries in Kolkata

Annual salary range
1 - 16 years exp.
₹5 Lakhs - ₹16 Lakhs
Salary of majority employees
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9% less than the average Manager M1 Salary in Banking Companies for 1 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager M1 Salary
1 - 16 years exp. (56 salaries)
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₹5 L/yr - ₹16 L/yr

Customer Success, Service & Operations
Manager M1 Salary
1 - 14 years exp. (30 salaries)
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₹6 L/yr - ₹12.6 L/yr

Finance & Accounting
Manager M1 Salary
2 - 15 years exp. (18 salaries)
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₹6.5 L/yr - ₹13.5 L/yr

Sales & Business Development
Manager M1 Salary
5 - 14 years exp. (14 salaries)
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₹7.4 L/yr - ₹11 L/yr

Marketing & Communication
Manager M1 Salary
2 - 10 years exp. (4 salaries)
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₹7.4 L/yr - ₹11.3 L/yr

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Last Updated: 3 Feb 2025

Companies similar to ICICI Bank for Manager M1 in Kolkata

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ICICI Bank Manager M1 Salary

1 - 16 years exp. (136 salaries)

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₹5 L/yr - ₹16 L/yr

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

4 - 12 years exp. (7 salaries)

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₹7.5 L/yr - ₹9 L/yr

arrow icon 17% less
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Axis Bank Manager M1 Salary

6 - 12 years exp. (7 salaries)

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₹4.4 L/yr - ₹9.5 L/yr

arrow icon 27% less
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Kotak Mahindra Bank Manager M1 Salary

2 - 9 years exp. (4 salaries)

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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 43% less
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PwC Manager M1 Salary

4 - 13 years exp. (56 salaries)

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₹15.1 L/yr - ₹30.5 L/yr

arrow icon 127% more
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Ernst & Young Manager M1 Salary

4 - 9 years exp. (6 salaries)

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₹17 L/yr - ₹27.6 L/yr

arrow icon 158% more
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Flipkart Manager M1 Salary

9 - 15 years exp. (5 salaries)

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₹12.5 L/yr - ₹18.7 L/yr

arrow icon 54% more
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IndusInd Bank Manager M1 Salary

6 - 11 years exp. (5 salaries)

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₹5.8 L/yr - ₹6.5 L/yr

arrow icon 42% less
Manager M1 salary at ICICI Bank ranges between ₹5 Lakhs to ₹16 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 136 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Manager M1 in Kolkata

1d ago
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16 years exp.
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7 years exp.
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7 years exp.
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2 years exp.
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3 years exp.
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8 years exp.
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15 years exp.
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8 years exp.
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11 years exp.
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11 years exp.

Experience wise ICICI Bank Manager M1 salaries in Kolkata

Last Updated: 3 Feb 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹8.9 L/yr - ₹11.6 L/yr
2 years  (8 salaries)

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₹7.5 L/yr - ₹16 L/yr
3 years  (9 salaries)

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₹7.5 L/yr - ₹12 L/yr
4 years  (5 salaries)

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₹5 L/yr - ₹12 L/yr
5 years  (9 salaries)

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₹5.8 L/yr - ₹13.9 L/yr
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Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(963 salaries)
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₹2.7 L/yr - ₹10 L/yr
Branch Manager Salary
(337 salaries)
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₹6.3 L/yr - ₹21.81 L/yr
Team Lead Salary
(29 salaries)
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₹0.65 L/yr - ₹9.1 L/yr

Salary related reviews for ICICI Bank

3.8

Rated by 11 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.

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  • Skill development - 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.

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  • Work satisfaction - Poor
  • +1 more

Full Time

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Sales & Business Development Department

2.0
  •  posted on 17 Dec 2024

3.0
 for  Salary and Benefits

Likes

*Unlimited sick leaves

  • Job security - Excellent

Dislikes

People, leadership, sick leaves not approved - causing loss of pay, unorganised, manual data entry, ancient systems, frequent pointless meetings and have no clear agenda that stretch beyond 1 hr (max. 5 hrs), no work from home almost always required to work from anywhere on sick leave, have strict login and logout times,

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  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 16 Nov 2024

1.0
 for  Salary and Benefits

Likes

Dear all. As well as all company like Salary comes on time, second and fourth Saturday leave applicable and government leave as well.

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Dislikes

... 2) mentel sales pressure and mis guided to customer to opening trading account. 3) reporting Manager providing low salary range customer below 20K salary, and they can't eligible for cc , trading account, home loan, car loan etc, but reporting Manager asking sales number from that's wasted leads. 4) for account opening corporate they will send you Chennai to kanchipuram district almost 160 kilometres per day very long distance. U spent fuel Rs 9000/- and more but company give fuel allowance only 4,000/- 5) and your reporting Manager rejected your fuel allowance 3 to 4 times without any reason. 6) office time 9:15am to 5:15pm but after joining in few days management says 9 am to 7pm and some time 8pm to 9pm happened 7) my reporting Manager Deepak Kumar working Chennai koyambedu branch. He always like girls fellow. He don't like to talk boys and laughing. He only like girls and laughing time pass. And lunch time enjoying with girls eating food by his hand, and free pickup dropped for ladies but no boys. 8) if you go to ask employees icici toll free number they don't take an action to them because internal policies is fraud. 9) i left ICICI Bank 5 months ago still PF amount not settelment in pf account. 10) my good advice to youngers u have completed his /her degree please don't join like this of company. They give more stress full job and give low budget salary. Stay away.

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  • Salary - Bad
  • +6 more
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ICICI Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at ICICI Bank Kolkata?
Manager M1 salary at ICICI Bank in Kolkata ranges between ₹5.0 Lakhs to ₹16.0 Lakhs for experience between 1 years to 16 years. According to our estimates it is 9% less than the average Manager M1 Salary in India. Salary estimates are based on 136 latest salaries received from various employees of ICICI Bank Kolkata.
How does the salary of a Manager M1 at ICICI Bank Kolkata compare with the average salary range for this job?
The average salary of a Manager M1 at ICICI Bank is 9% less than the average salary of a Manager M1 in Kolkata. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Bank to a Manager M1 in Kolkata?
  • Ernst & Young Manager M1 Salary - ₹17.0 Lakhs to ₹27.6 Lakhs per year
  • PwC Manager M1 Salary - ₹15.1 Lakhs to ₹30.5 Lakhs per year
  • Flipkart Manager M1 Salary - ₹12.5 Lakhs to ₹18.7 Lakhs per year
What is the salary of a Manager M1 in companies similar to ICICI Bank in Kolkata?
  • HDFC Bank Manager M1 Salary - ₹7.5 Lakhs to ₹9.0 Lakhs per year
  • Axis Bank Manager M1 Salary - ₹4.4 Lakhs to ₹9.5 Lakhs per year
  • IndusInd Bank Manager M1 Salary - ₹5.8 Lakhs to ₹6.5 Lakhs per year
  • Kotak Mahindra Bank Manager M1 Salary - ₹3.8 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Manager M1 at ICICI Bank in Kolkata?
The estimated take-home salary of a Manager M1 at ICICI Bank ranges between ₹73,209 per month to ₹75,100 per month in Kolkata. The take-home salary calculation is based on the average ICICI Bank Manager M1 salary in India which ranges between ₹5.0 Lakhs to ₹16.0 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 Kolkata?
According to AmbitionBox, 85% of the ICICI Bank Manager M1s in Kolkata reported a notice period of 1 Month, 8% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 114 responses on AmbitionBox in last 2 years.

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ICICI Bank Manager M1 salary in Kolkata ranges between ₹5 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 136 ICICI Bank latest salaries received from various employees of ICICI Bank.