ICICI Bank Mumbai Processing Manager Salaries by 70+ Employees (Updated 2024)

1 - 13 years exp.

₹3.9 Lakhs - ₹9.6 Lakhs

Salary of majority employees

35% less than the average Processing Manager Salary in Banking Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Processing Manager Salary 1 - 13 years exp. (29 salaries)	₹3.9 L/yr - ₹9.6 L/yr
Finance & Accounting Processing Manager Salary 1 - 12 years exp. (16 salaries)	₹4.2 L/yr - ₹9.3 L/yr
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Product Management Processing Manager Salary 3 - 11 years exp. (5 salaries)	₹5 L/yr - ₹9 L/yr
Data Science & Analytics Processing Manager Salary 4 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹9.5 L/yr
Customer Success, Service & Operations Processing Manager Salary 3 - 7 years exp. (3 salaries)	₹4.8 L/yr - ₹8 L/yr

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Last Updated: 6 Dec 2024

Companies similar to ICICI Bank for Processing Manager in Mumbai

ICICI Bank Processing Manager Salary

1 - 13 years exp. (75 salaries)

₹3.9 L/yr - ₹9.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Processing Manager Salary 2 - 14 years exp. (42 salaries)	₹4 L/yr - ₹16 L/yr 22% more
Axis Bank Processing Manager Salary 3 - 12 years exp. (4 salaries)	₹10 L/yr - ₹18.5 L/yr 89% more
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Kotak Mahindra Bank Processing Manager Salary 5 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹7.3 L/yr 21% less	1 job opening
Yes Bank Processing Manager Salary 3 - 15 years exp. (21 salaries)	₹6.5 L/yr - ₹17.1 L/yr 48% more
IDFC FIRST Bank Processing Manager Salary 5 - 7 years exp. (3 salaries)	₹10 L/yr - ₹14.2 L/yr 74% more
RBL Bank Processing Manager Salary 0 - 7 years exp. (8 salaries)	₹4.9 L/yr - ₹14.2 L/yr 9% more
Chase Bank Processing Manager Salary 12 - 21 years exp. (3 salaries)	₹12.5 L/yr - ₹32 L/yr 194% more

Processing Manager salary at ICICI Bank ranges between ₹3.9 Lakhs to ₹9.6 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 75 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Processing Manager salaries in Mumbai

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
1 year (9 salaries)	₹4.2 L/yr - ₹5.5 L/yr
2 years (11 salaries)	₹3.9 L/yr - ₹7 L/yr
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3 years (12 salaries)	₹4.2 L/yr - ₹7 L/yr
4 years (12 salaries)	₹4 L/yr - ₹6.5 L/yr
5 years (6 salaries)	₹5 L/yr - ₹7.5 L/yr
6 years (8 salaries)	₹5.3 L/yr - ₹8.5 L/yr
7 years (7 salaries)	₹5.3 L/yr - ₹9.5 L/yr
8 years (3 salaries)	₹5.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.5 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9.6 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹14.7 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.3 L/yr
13 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.3 L/yr

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Similar Designation salaries in ICICI Bank

Deputy Manager Salary

(3.6k salaries)

₹2 L/yr - ₹10.55 L/yr

Operations Manager Salary

(76 salaries)

₹2.74 L/yr - ₹11.43 L/yr

Production Manager Salary

(42 salaries)

₹6.51 L/yr - ₹24.5 L/yr

Top skills at ICICI Bank for Processing Manager

Process Management Process Audit Monitoring Audit Compliance Compliance Management Auditing

Salary related reviews for ICICI Bank

3.2

Rated by 16 employees for salary & benefits

Processing Manager in Patna

BFSI, Investments & Trading Department

3.0

• posted on 05 Nov 2020

2.0

for Salary and Benefits

Likes

The best thing about ICICI Bank is Job security even at lower managerial levels . In Pandemic the bank supported its employees very well without any salary cut or lay offs. Good place to groom yourself as a beginner in early stage of your career . Lots of benefits are there in middle management & senior management as pay structure is good and other perks are good.

Dislikes

There are issues in handling workforce at lower managerial levels as nepotism & favourism is at peak . Internal politics and backstabbing is also there . Overall work culture is not good . The lower management employees are not paid well also as compared to benefits provided to other managerial levels.

Deputy Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 27 Oct 2024

3.0

for Salary and Benefits

Likes

Work life balance is there if you are a Virtual RM. Salary is below average as compared to posh cities where cost of living is high like Bangalore. HR policies is good. Fresher should take a chance to learn and embibe in the field. Coming to promotion it is by default your years of experience and expertise in the domain.

Dislikes

CTC Complexities Internal department change is not easy

Deputy Manager in Kolkata

Full Time

Risk Management & Compliance Department

3.0

• posted on 28 Jun 2024

4.0

for Salary and Benefits

Likes

The overall salary structure. Centralized appraisals.

Dislikes

Thank God for centralized appraisals, otherwise one wouldn't get a dime! The company culture is deteriorating with every passing minute. You won't get to learn new things unless the hierarchy sees their own benefit in it. Favourism and partiality goes hand in hand and at a peak level.

Deputy Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Jun 2024

2.0

for Salary and Benefits

Likes

I like most the company culture and training programme of the bank.

Dislikes

Salary is not meeting the inflation and that to be in a big city like hyderabad. There is no connection between the post of deputy manager and the role in bank.

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 23 Oct 2023

5.0

for Salary and Benefits

Likes

Salary and Perks are good. Many things to learn in this bank Job security is high in this bank with default promotion in every 2 year.. Work Culture is good in this bank with strong HR policies.

Dislikes

Worklife Balance . 12 hr minimum office hour.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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ICICI Bank Processing Manager Salary FAQs

What is the salary of Processing Manager at ICICI Bank Mumbai?

Processing Manager salary at ICICI Bank in Mumbai ranges between ₹3.9 Lakhs to ₹9.6 Lakhs for experience between 1 years to 13 years. According to our estimates it is 35% less than the average Processing Manager Salary in India. Salary estimates are based on 75 latest salaries received from various employees of ICICI Bank Mumbai.

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

The average salary of a Processing Manager at ICICI Bank is 35% less than the average salary of a Processing Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Processing Manager at ICICI Bank?

Process Management, Process Audit, Monitoring, Audit Compliance and Compliance Management are some of the popular skills required to work as a Processing Manager at ICICI Bank Mumbai.

Which similar companies are paying more than ICICI Bank to a Processing Manager in Mumbai?

Chase Bank Processing Manager Salary - ₹12.5 Lakhs to ₹32.0 Lakhs per year
Axis Bank Processing Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
IDFC FIRST Bank Processing Manager Salary - ₹10.0 Lakhs to ₹14.2 Lakhs per year
Yes Bank Processing Manager Salary - ₹6.5 Lakhs to ₹17.1 Lakhs per year
HDFC Bank Processing Manager Salary - ₹4.0 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Processing Manager in companies similar to ICICI Bank in Mumbai?

RBL Bank Processing Manager Salary - ₹4.9 Lakhs to ₹14.2 Lakhs per year
Kotak Mahindra Bank Processing Manager Salary - ₹4.5 Lakhs to ₹7.3 Lakhs per year

What is the estimated take home salary of a Processing Manager at ICICI Bank in Mumbai?

The estimated take-home salary of a Processing Manager at ICICI Bank ranges between ₹54,469 per month to ₹55,830 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Processing Manager salary in India which ranges between ₹3.9 Lakhs to ₹9.6 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Processing Manager at ICICI Bank in Mumbai?

According to AmbitionBox, 84% of the ICICI Bank Processing Managers in Mumbai reported a notice period of 1 Month, 8% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 37 responses on AmbitionBox in last 2 years.

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ICICI Bank Processing Manager Salaries in Mumbai

ICICI Bank Processing Manager salary in Mumbai ranges between ₹3.9 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 75 ICICI Bank latest salaries received from various employees of ICICI Bank.