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

1 - 6 years exp.

₹3.5 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)	₹2.4 L/yr - ₹10 L/yr
Finance & Accounting Portfolio Manager Salary 1 - 3 years exp. (3 salaries)	₹4 L/yr - ₹7.8 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 - ₹9.8 L/yr
Strategic & Top Management Portfolio Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹10.1 L/yr - ₹15 L/yr

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Last Updated: 17 Mar 2025

Companies similar to ICICI Bank for Portfolio Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Portfolio Manager Salary 0 - 12 years exp. (108 salaries)	₹4.1 L/yr - ₹15.9 L/yr 16% more
Axis Bank Portfolio Manager Salary 0 - 10 years exp. (59 salaries)	₹4 L/yr - ₹15 L/yr 1% more
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Kotak Mahindra Bank Portfolio Manager Salary 3 - 12 years exp. (127 salaries)	₹2.2 L/yr - ₹10.8 L/yr 24% less
Yes Bank Portfolio Manager Salary 2 - 10 years exp. (34 salaries)	₹6 L/yr - ₹19.5 L/yr 29% more
IndusInd Bank Portfolio Manager Salary 2 - 10 years exp. (52 salaries)	₹3 L/yr - ₹12.3 L/yr 18% less
IDFC FIRST Bank Portfolio Manager Salary 1 - 13 years exp. (35 salaries)	₹7.5 L/yr - ₹15.3 L/yr 22% more
RBL Bank Portfolio Manager Salary 2 - 12 years exp. (8 salaries)	₹4.5 L/yr - ₹14.4 L/yr 5% more	3 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. (18 salaries)	₹5 L/yr - ₹13.9 L/yr 9% more	2 job openings
Standard Chartered Portfolio Manager Salary 2 - 14 years exp. (15 salaries)	₹6 L/yr - ₹22.3 L/yr 71% more
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Barclays Portfolio Manager Salary 11 - 27 years exp. (6 salaries)	₹15 L/yr - ₹47 L/yr 231% 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 7% 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 ₹3.5 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 25 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Portfolio Manager salaries

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹3.1 L/yr - ₹11 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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Senior Project Manager Salary

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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

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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 ?

The average salary of a Portfolio Manager at ICICI Bank in India typically ranges from ₹3.5 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Portfolio Manager at ICICI Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Portfolio Manager 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 20+ ICICI Bank employees in India.

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 in India typically ranges from ₹63,395 to ₹65,008 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 1 year 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 20+ 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 Portfolio Manager in India?

Barclays	₹15.0 Lakhs to ₹47.0 Lakhs per year
NatWest Group	₹8.2 Lakhs to ₹24.0 Lakhs per year
Standard Chartered	₹6.0 Lakhs to ₹22.3 Lakhs per year
Yes Bank	₹6.0 Lakhs to ₹19.5 Lakhs per year
IDFC FIRST Bank	₹7.5 Lakhs to ₹15.3 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 Portfolio Manager in companies similar to ICICI Bank in India?

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

HDFC Bank	₹4.1 Lakhs to ₹15.9 Lakhs per year
DBS Bank	₹5.0 Lakhs to ₹13.9 Lakhs per year
Bandhan Bank	₹6.8 Lakhs to ₹12.0 Lakhs per year
RBL Bank	₹4.5 Lakhs to ₹14.4 Lakhs per year
Axis Bank	₹4.0 Lakhs to ₹15.0 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 Portfolio Manager at ICICI Bank in India?

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

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹11.0 Lakhs per year
2 years	₹4.0 Lakhs to ₹9.7 Lakhs per year
3 years	₹4.6 Lakhs to ₹14.6 Lakhs per year
4 years	₹7.0 Lakhs to ₹15.9 Lakhs per year

and so on.

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ICICI Bank Portfolio Manager Salaries

ICICI Bank Portfolio Manager salary in India ranges between ₹3.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 ICICI Bank latest salaries received from various employees of ICICI Bank.