ICICI Bank New Delhi Manager M1 Salaries by 100+ Employees (Updated 2025)

1 - 17 years exp.

₹5 Lakhs - ₹14 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

8% 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 - 16 years exp. (67 salaries)	₹5.8 L/yr - ₹14 L/yr
Customer Success, Service & Operations Manager M1 Salary 3 - 17 years exp. (36 salaries)	₹6.5 L/yr - ₹12 L/yr
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Finance & Accounting Manager M1 Salary 1 - 13 years exp. (29 salaries)	₹6.7 L/yr - ₹14 L/yr
Sales & Business Development Manager M1 Salary 3 - 14 years exp. (24 salaries)	₹6 L/yr - ₹12.8 L/yr
Marketing & Communication Manager M1 Salary 4 - 12 years exp. (6 salaries)	₹10 L/yr - ₹12.8 L/yr

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Last Updated: 2 Apr 2025

Companies similar to ICICI Bank for Manager M1 in New Delhi

ICICI Bank Manager M1 Salary

1 - 17 years exp. (190 salaries)

₹5 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager M1 Salary 5 - 11 years exp. (21 salaries)	₹5.5 L/yr - ₹10.4 L/yr 15% less
Axis Bank Manager M1 Salary 6 - 12 years exp. (12 salaries)	₹6.8 L/yr - ₹12 L/yr 21% less
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IndusInd Bank Manager M1 Salary 6 - 10 years exp. (6 salaries)	₹5.2 L/yr - ₹8.5 L/yr 39% less
IDFC FIRST Bank Manager M1 Salary 6 - 10 years exp. (5 salaries)	₹6 L/yr - ₹8 L/yr 28% less
Yes Bank Manager M1 Salary 5 - 9 years exp. (4 salaries)	₹5.7 L/yr - ₹7.5 L/yr 27% less
RBL Bank Manager M1 Salary 4 - 17 years exp. (4 salaries)	₹7 L/yr - ₹11.9 L/yr 21% less
Kotak Mahindra Bank Manager M1 Salary 2 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹8.6 L/yr 26% less
Standard Chartered Manager M1 Salary 7 - 10 years exp. (3 salaries)	₹8.6 L/yr - ₹10 L/yr 7% less
AU Small Finance Bank Manager M1 Salary 4 - 12 years exp. (3 salaries)	₹6 L/yr - ₹10.8 L/yr 26% less

Manager M1 salary at ICICI Bank ranges between ₹5 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 190 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Manager M1 in New Delhi

2d ago

₹10 Lakhs

5 years exp.

4d ago

₹9.3 Lakhs

5 years exp.

2w ago

₹11 Lakhs

7 years exp.

2w ago

₹7.1 Lakhs

10 years exp.

3w ago

₹11 Lakhs

9 years exp.

1mo ago

6 years exp.

1mo ago

6 years exp.

1mo ago

7 years exp.

1mo ago

8 years exp.

1mo ago

6 years exp.

Experience wise ICICI Bank Manager M1 salaries in New Delhi

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹6 L/yr - ₹13 L/yr
2 years (8 salaries)	₹5 L/yr - ₹12 L/yr
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3 years (14 salaries)	₹5.9 L/yr - ₹14 L/yr
4 years (17 salaries)	₹7.4 L/yr - ₹14 L/yr
5 years (30 salaries)	₹6 L/yr - ₹14 L/yr
6 years (24 salaries)	₹6 L/yr - ₹14 L/yr
7 years (17 salaries)	₹6.6 L/yr - ₹13 L/yr
8 years (20 salaries)	₹5.8 L/yr - ₹13 L/yr
9 years (12 salaries)	₹6.4 L/yr - ₹12.8 L/yr
10 years (15 salaries)	₹7.1 L/yr - ₹11.5 L/yr
11 years (7 salaries)	₹8.2 L/yr - ₹12.5 L/yr
12 years (7 salaries)	₹7.5 L/yr - ₹12 L/yr
13 years (6 salaries)	₹4 L/yr - ₹11.5 L/yr
14 years (3 salaries)	₹9 L/yr - ₹10.5 L/yr
15+ years (5 salaries)	₹6.9 L/yr - ₹11 L/yr

View all

Similar Designation salaries in ICICI Bank

Deputy Manager Salary

(1.9k salaries)

₹2.8 L/yr - ₹11 L/yr

Branch Manager Salary

(232 salaries)

₹6.5 L/yr - ₹26 L/yr

Team Lead Salary

(80 salaries)

₹1.1 L/yr - ₹8.94 L/yr

Area Manager Salary

(22 salaries)

₹4.5 L/yr - ₹13.7 L/yr

Team Manager Salary

(9 salaries)

₹6.83 L/yr - ₹12 L/yr

Cluster Manager Salary

(6 salaries)

₹15 L/yr - ₹24 L/yr

Service Manager Salary

(6 salaries)

₹3 L/yr - ₹9.5 L/yr

Salary related reviews for ICICI Bank

3.7

Rated by 19 employees for salary & benefits

Manager M1 in Hyderabad / Secunderabad

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.

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.

Skill development - Bad

+5 more

Manager M1 in Hyderabad / Secunderabad

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.

Skill development - Bad

+3 more

Deputy Branch Manager in Mumbai

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.

Skill development - Poor

+3 more

Branch Manager in Kolkata

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.

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.

Salary - Poor

+1 more

Branch Manager in Macherla

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about ICICI Bank

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tendervada

1w (edited)

currently not working

Need suggetion please 🙏

I have a new job in ICICI Bank for Branch Banking as a Relationship Manager, but my friend, who is also in the same bank, told me not to join Branch Banking as a Relationship Manager because the sales targets are too high and the work culture is too toxic. He suggested I transfer to Corporate Banking." Please give me suggetion?

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ICICI Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at ICICI Bank in New Delhi?

The average salary of a Manager M1 at ICICI Bank in New Delhi typically ranges from ₹5.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 1 year to 17 years).

The top 10% of Manager M1 in New Delhi at ICICI Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹14.0 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 100+ ICICI Bank employees in India.

What is the estimated take home salary of a Manager M1 at ICICI Bank in New Delhi?

The estimated take-home salary of a Manager M1 at ICICI Bank in New Delhi typically ranges from ₹73,241 to ₹75,132 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹14.0 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 100+ 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 M1 in companies similar to ICICI Bank in New Delhi?

The salary of a Manager M1 at companies similar to ICICI Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹8.6 Lakhs to ₹10.0 Lakhs per year
HDFC Bank	₹5.5 Lakhs to ₹10.4 Lakhs per year
Axis Bank	₹6.8 Lakhs to ₹12.0 Lakhs per year
RBL Bank	₹7.0 Lakhs to ₹11.9 Lakhs per year
AU Small Finance Bank	₹6.0 Lakhs to ₹10.8 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 New Delhi?

The salary growth for a Manager M1 at ICICI Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Manager M1 in New Delhi can expect the following growth trajectory at ICICI Bank:

Experience	Average Salary Range
1 year	₹6.0 Lakhs to ₹13.0 Lakhs per year
2 years	₹5.0 Lakhs to ₹12.0 Lakhs per year
3 years	₹5.9 Lakhs to ₹14.0 Lakhs per year
4 years	₹7.4 Lakhs to ₹14.0 Lakhs per year

and so on.

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ICICI Bank Manager M1 Salaries in New Delhi

ICICI Bank Manager M1 salary in New Delhi ranges between ₹5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 190 ICICI Bank latest salaries received from various employees of ICICI Bank.