ICICI Bank Portfolio Manager Salaries by 20+ Employees (Updated 2025)

1 - 6 years exp.

₹4.4 Lakhs - ₹15 Lakhs

Salary of majority employees

32% less than the average Portfolio Manager Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Portfolio Manager Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹10 L/yr
Finance & Accounting Portfolio Manager Salary 1 - 3 years exp. (3 salaries)	₹4 L/yr - ₹6.6 L/yr
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Marketing & Communication Portfolio Manager Salary 2 - 4 years exp. (3 salaries)	₹7.7 L/yr - ₹14 L/yr
Product Management Portfolio Manager Salary 2 - 3 years exp. (3 salaries)	₹5 L/yr - ₹10.1 L/yr
Strategic & Top Management Portfolio Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr

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Last Updated: 5 Mar 2025

Companies similar to ICICI Bank for Portfolio Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Portfolio Manager Salary 1 - 12 years exp. (102 salaries)	₹4.1 L/yr - ₹14.7 L/yr 15% more
Axis Bank Portfolio Manager Salary 1 - 10 years exp. (57 salaries)	₹3.5 L/yr - ₹13.8 L/yr 10% less
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Kotak Mahindra Bank Portfolio Manager Salary 3 - 12 years exp. (126 salaries)	₹2.2 L/yr - ₹10.8 L/yr 25% less
Yes Bank Portfolio Manager Salary 2 - 10 years exp. (33 salaries)	₹6 L/yr - ₹17.5 L/yr 26% more
IndusInd Bank Portfolio Manager Salary 3 - 10 years exp. (48 salaries)	₹3 L/yr - ₹13.1 L/yr 15% less
IDFC FIRST Bank Portfolio Manager Salary 1 - 13 years exp. (34 salaries)	₹7.5 L/yr - ₹15.3 L/yr 23% more
RBL Bank Portfolio Manager Salary 2 - 12 years exp. (8 salaries)	₹4.5 L/yr - ₹14.4 L/yr 5% more	2 job openings
AU Small Finance Bank Portfolio Manager Salary 6 - 14 years exp. (109 salaries)	₹5 L/yr - ₹15 L/yr 2% less
NatWest Group Portfolio Manager Salary 1 - 11 years exp. (50 salaries)	₹8.2 L/yr - ₹24 L/yr 77% more
DBS Bank Portfolio Manager Salary 1 - 15 years exp. (16 salaries)	₹4.8 L/yr - ₹14.6 L/yr 11% more
Standard Chartered Portfolio Manager Salary 2 - 14 years exp. (15 salaries)	₹6 L/yr - ₹22.3 L/yr 72% more
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Barclays Portfolio Manager Salary 18 - 24 years exp. (5 salaries)	₹20.6 L/yr - ₹48 L/yr 239% more
Utkarsh Small Finance Bank Portfolio Manager Salary 0 - 7 years exp. (5 salaries)	₹4.9 L/yr - ₹7.5 L/yr 26% less
Bandhan Bank Portfolio Manager Salary 7 - 11 years exp. (4 salaries)	₹6.8 L/yr - ₹12 L/yr 5% more
Ujjivan Small Finance Bank Portfolio Manager Salary 5 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹4.4 L/yr 58% less
Jana Small Finance Bank Portfolio Manager Salary 1 year exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 54% less

Portfolio Manager salary at ICICI Bank ranges between ₹4.4 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 23 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Portfolio Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹13.9 L/yr
2 years (5 salaries)	₹4 L/yr - ₹9.7 L/yr
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3 years (6 salaries)	₹4.6 L/yr - ₹14.6 L/yr
4 years (6 salaries)	₹7 L/yr - ₹15.9 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹16 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15 L/yr

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₹4 L/yr - ₹12.5 L/yr

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Engineering Manager Salary

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₹37.5 L/yr - ₹48 L/yr

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Scrum Master Salary

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Project Coordinator Salary

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₹2.7 L/yr - ₹3.5 L/yr

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Salary related reviews for ICICI Bank

1.0

Rated by 1 employees for salary & benefits

Portfolio Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Jun 2023

1.0

for Salary and Benefits

Likes

Salary is at oar with industry standards, the only part which is fine

Job security - Good

Dislikes

Terrible leave policy for new joinee, a few mid-level managers in commercial banking has come from retail banking and they treat it the same, making the customers and the employees suffer! Hence, high attrition

Salary - Bad

+4 more

Product Manager in Mumbai

Full Time

Product Management Department

3.0

• posted on 03 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks are good.

Salary - Good

+2 more

Dislikes

Work culture is terrible. Unnecessary toxicity, poor environment in office, rude seniors and one might face harassment from seniors. If you get good team and senior , consider yourself lucky or else its worst.

Work satisfaction - Poor

+2 more

Business Analyst in Pune

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Jun 2023

2.0

for Salary and Benefits

Likes

Work life balance and job securities

Job security - Good

+1 more

Dislikes

Job security id there so anyone can survive if they are not performing too, salary is low and promotion and appraisal is rare if you are not from sponsored/Tie up colleges.

Salary - Poor

+3 more

Product Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 04 Oct 2022

3.0

for Salary and Benefits

Likes

Great working experience. Work culture is good. Can learn new things and grow. Job security is there.

Skill development - Excellent

+4 more

Dislikes

Salary and & monetary benefits are not satisfactory. Promotion amd appraisal process is not motivating.

Product Manager in Mumbai

Full Time

Product Management Department

3.0

• posted on 26 Jan 2022

1.0

for Salary and Benefits

Likes

Product team culture is different from the branch and operations team. Fairly interesting work, experienced seniors, progressive work culture, youthful peer. The bank has been a leader in technology (good for PMs). Unlimited sick leaves, good insurance policies. Swanky corporate offices with nice cafeteria and other facilities.

Skill development - Good

+4 more

Dislikes

Poor pay/hike compared to other PMs. No parity in pay. Product function is still evolving. It's more of a project management function. Bureaucratic decision making process. Hikes be based only on overall performance of team and bank. Promotions will be on vintage. No motivation to perform since free riders now have more reasons to free ride. Some weird policies during Covid- employees were asked to wfh from base locations even if the role does not require visiting office.

Salary - Bad

+1 more

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What people are saying about ICICI Bank

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indispensablefire

works at

ICICI Bank

Need assistance for a job switch

So I just finished a year at ICICI and am now in SO grade in the eRM channel. My highest educational qualification is a B.Com. And now I intend to prepare for FRM. But I’m not sure whether I should stay at ICICI for another year, then switch companies after earning a promotion, and in the meantime, continue pursuing FRM, or if I should switch right away. My current package in Bhubaneswar is 3.1 LPA…

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ICICI Bank Portfolio Manager Salary FAQs

What is the salary of Portfolio Manager at ICICI Bank?

Portfolio Manager salary at ICICI Bank in India ranges between ₹4.4 Lakhs to ₹15.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 32% less than the average Portfolio Manager Salary in India. Salary estimates are based on 23 latest salaries received from various employees of ICICI Bank India.

How does the salary of a Portfolio Manager at ICICI Bank India compare with the average salary range for this job?

The average salary of a Portfolio Manager at ICICI Bank is 32% less than the average salary of a Portfolio Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Bank to a Portfolio Manager in India?

Barclays Portfolio Manager Salary - ₹20.6 Lakhs to ₹48.0 Lakhs per year
NatWest Group Portfolio Manager Salary - ₹8.2 Lakhs to ₹24.0 Lakhs per year
Standard Chartered Portfolio Manager Salary - ₹6.0 Lakhs to ₹22.3 Lakhs per year
Yes Bank Portfolio Manager Salary - ₹6.0 Lakhs to ₹17.5 Lakhs per year
IDFC FIRST Bank Portfolio Manager Salary - ₹7.5 Lakhs to ₹15.3 Lakhs per year

What is the salary of a Portfolio Manager in companies similar to ICICI Bank in India?

HDFC Bank Portfolio Manager Salary - ₹4.1 Lakhs to ₹14.7 Lakhs per year
DBS Bank Portfolio Manager Salary - ₹4.8 Lakhs to ₹14.6 Lakhs per year
Bandhan Bank Portfolio Manager Salary - ₹6.8 Lakhs to ₹12.0 Lakhs per year
RBL Bank Portfolio Manager Salary - ₹4.5 Lakhs to ₹14.4 Lakhs per year
AU Small Finance Bank Portfolio Manager Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Portfolio Manager at ICICI Bank in India?

The estimated take-home salary of a Portfolio Manager at ICICI Bank ranges between ₹63,388 per month to ₹65,001 per month in India. The take-home salary calculation is based on the average ICICI Bank Portfolio Manager salary in India which ranges between ₹4.4 Lakhs to ₹15.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Portfolio Manager at ICICI Bank?

According to AmbitionBox, 71% of the ICICI Bank Portfolio Managers reported a notice period of 1 Month, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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ICICI Bank Portfolio Manager Salaries

ICICI Bank Portfolio Manager salary in India ranges between ₹4.4 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 ICICI Bank latest salaries received from various employees of ICICI Bank.