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ICICI Bank

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Bank Officer salaries in Mumbai

Annual salary range
0 - 6 years exp.
₹1.2 Lakh - ₹4.5 Lakhs
Salary of majority employees
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53% less than the average Officer Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Officer Salary
0 - 6 years exp. (55 salaries)
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₹1.7 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Officer Salary
0 - 5 years exp. (20 salaries)
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₹2 L/yr - ₹3.8 L/yr

Finance & Accounting
Officer Salary
0 - 4 years exp. (9 salaries)
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₹1.2 L/yr - ₹3.4 L/yr

Sales & Business Development
Officer Salary
2 - 4 years exp. (3 salaries)
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₹2.4 L/yr - ₹3.5 L/yr

Engineering - Software & QA
Officer Salary
4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3 L/yr

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Last Updated: 6 Sep 2024

Companies similar to ICICI Bank for Officer in Mumbai

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ICICI Bank Officer Salary

0 - 6 years exp. (104 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

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Company name Avg Annual Salary Open Jobs
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Axis Bank Officer Salary

0 - 7 years exp. (247 salaries)

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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 2% more
2 job openings
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HDFC Bank Officer Salary

0 - 8 years exp. (149 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 2% more
5 job openings
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Yes Bank Officer Salary

0 - 7 years exp. (95 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 4% more
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RBL Bank Officer Salary

1 - 6 years exp. (83 salaries)

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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 3% more
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IndusInd Bank Officer Salary

0 - 5 years exp. (89 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 5% more
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DBS Bank Officer Salary

2 - 10 years exp. (82 salaries)

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₹2.8 L/yr - ₹7.5 L/yr

arrow icon 105% more
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IDFC FIRST Bank Officer Salary

1 - 7 years exp. (70 salaries)

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₹1.6 L/yr - ₹4.6 L/yr

arrow icon 19% more
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Bank of America Officer Salary

1 - 13 years exp. (30 salaries)

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₹9.8 L/yr - ₹20.2 L/yr

arrow icon 364% more
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Standard Chartered Officer Salary

1 - 6 years exp. (26 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 8% more
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Bank of Baroda Officer Salary

0 - 11 years exp. (20 salaries)

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₹7.4 L/yr - ₹15 L/yr

arrow icon 242% more
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Canara Bank Officer Salary

3 - 12 years exp. (13 salaries)

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₹9 L/yr - ₹15 L/yr

arrow icon 379% more
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Deutsche Bank Officer Salary

0 - 7 years exp. (12 salaries)

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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 24% more
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Shinhan Bank Officer Salary

1 - 6 years exp. (9 salaries)

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₹3.2 L/yr - ₹6 L/yr

arrow icon 61% more
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Bank of India Officer Salary

1 - 7 years exp. (8 salaries)

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₹6 L/yr - ₹10.8 L/yr

arrow icon 219% more
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Kotak Mahindra Bank Officer Salary

3 - 6 years exp. (7 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 6% less
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Punjab National Bank Officer Salary

6 - 11 years exp. (4 salaries)

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₹6 L/yr - ₹13 L/yr

arrow icon 281% more
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Karnataka Bank Officer Salary

2 - 11 years exp. (3 salaries)

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₹7 L/yr - ₹11 L/yr

arrow icon 224% more
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AU Small Finance Bank Officer Salary

1 - 4 years exp. (3 salaries)

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₹2.7 L/yr - ₹3 L/yr

arrow icon 2% more
Officer salary at ICICI Bank ranges between ₹1.2 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 104 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Officer in Mumbai

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Experience wise ICICI Bank Officer salaries in Mumbai

Last Updated: 6 Sep 2024

Experience Avg Annual Salary
Fresher  (10 salaries)

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₹1.2 L/yr - ₹3.8 L/yr
1 year  (21 salaries)

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₹1.8 L/yr - ₹4 L/yr
2 years  (27 salaries)

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₹1.8 L/yr - ₹2.8 L/yr
3 years  (17 salaries)

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₹2 L/yr - ₹4.5 L/yr
4 years  (15 salaries)

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₹1.9 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(3.6k salaries)
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₹2.5 L/yr - ₹10.55 L/yr
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₹3.5 L/yr - ₹4.2 L/yr
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₹3.24 L/yr - ₹9.23 L/yr

Salary related reviews for ICICI Bank

3.9

Rated by 26 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 26 Oct 2019

3.0
 for  Salary and Benefits

Likes

... comparing to other banking industry. I have such good experience in ICICI bank. Now I prefer to skip there only the low salary. As a women I got a perfect security in this organisation. Thank you for choosing me for a long period of year.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

Only I got poor or less Salary that is the one and only reason of dislike. Otherwise I loved to work with ICICI brand

Customer Success, Service & Operations Department

4.0
  •  posted on 31 Oct 2018

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. Another plus point is that my colleagues come from various cultures background, and we work happily in collaboration. I'm very proud feel if my re-hire with ICICI Bank. Thanks

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  • Skill development - Good
  • +3 more

Dislikes

Compensation is decent but growth is slow. The work pressure is very high. Sometimes, I have to work 12-14 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Manager do not value an individuals' unique strengths, which is why I have to take back my suggestions most of time.

read more
  • Promotions - Poor

BFSI, Investments & Trading Department

4.0
  •  posted on 22 May 2018

5.0
 for  Salary and Benefits

Likes

This is a financial organisation, I love the fact that I am a prat of a team that market reliable, high quality service and customer satisfaction also has a global client base.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Compensation is decent, but growth is slow. Work pressure is high.

Customer Success, Service & Operations Department

3.0
  •  posted on 20 Jul 2021

4.0
 for  Salary and Benefits

Likes

I m really happy to share the Icici experience it's a good organisation job security and working time culture also good. 3 years of experience in Icici bank it's super experience in my life. And also I would like yo rejoin the organisation.

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  • Salary - Good
  • +5 more

Dislikes

Icici is a good organisation but old employees salary improvements is low. New joined employees taken a good salary.

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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
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ICICI Bank Officer Salary FAQs

What is the salary of Officer at ICICI Bank in Mumbai?
The average salary of a Officer at ICICI Bank in Mumbai typically ranges from ₹1.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Officer in Mumbai at ICICI Bank earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Officer 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 Officer at ICICI Bank in Mumbai?
The estimated take-home salary of a Officer at ICICI Bank in Mumbai typically ranges from ₹19,525 to ₹21,195 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 6 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.
Which companies offer higher salaries than ICICI Bank for Officer in India?
Canara Bank ₹9.0 Lakhs to ₹15.0 Lakhs per year
Bank of America ₹9.8 Lakhs to ₹20.2 Lakhs per year
Punjab National Bank ₹6.0 Lakhs to ₹13.0 Lakhs per year
Bank of Baroda ₹7.4 Lakhs to ₹15.0 Lakhs per year
Karnataka Bank ₹7.0 Lakhs to ₹11.0 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 Officer in companies similar to ICICI Bank in Mumbai?
The salary of a Officer at companies similar to ICICI Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of India ₹6.0 Lakhs to ₹10.8 Lakhs per year
DBS Bank ₹2.8 Lakhs to ₹7.5 Lakhs per year
Shinhan Bank ₹3.2 Lakhs to ₹6.0 Lakhs per year
Deutsche Bank ₹2.5 Lakhs to ₹4.6 Lakhs per year
IDFC FIRST Bank ₹1.6 Lakhs to ₹4.6 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 Officer at ICICI Bank in Mumbai?
The salary growth for a Officer at ICICI Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Officer in Mumbai can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
Fresher ₹1.2 Lakhs to ₹3.8 Lakhs per year
1 year ₹1.8 Lakhs to ₹4.0 Lakhs per year
2 years ₹1.8 Lakhs to ₹2.8 Lakhs per year
3 years ₹2.0 Lakhs to ₹4.5 Lakhs per year
and so on.

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ICICI Bank Officer salary in Mumbai ranges between ₹1.2 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 104 ICICI Bank latest salaries received from various employees of ICICI Bank.