ICICI Bank Procurement Manager Salaries by 10+ Employees (Updated 2025)

2 - 15 years exp.

₹5.5 Lakhs - ₹13.2 Lakhs

Salary of majority employees

41% less than the average Procurement Manager Salary in Banking Companies for 2 - 15 years of experience

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Last Updated: 16 Feb 2025

Companies similar to ICICI Bank for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Procurement Manager Salary 8 - 14 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 37% more
Axis Bank Procurement Manager Salary 9 - 14 years exp. (10 salaries)	₹12.3 L/yr - ₹17 L/yr 42% more
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Kotak Mahindra Bank Procurement Manager Salary 0 - 13 years exp. (3 salaries)	₹5.2 L/yr - ₹11.5 L/yr 11% less
Bandhan Bank Procurement Manager Salary 7 - 13 years exp. (5 salaries)	₹5.7 L/yr - ₹8 L/yr 25% less
Ujjivan Small Finance Bank Procurement Manager Salary 13 - 18 years exp. (5 salaries)	₹13.5 L/yr - ₹18 L/yr 68% more
Standard Chartered Procurement Manager Salary 5 - 14 years exp. (4 salaries)	₹10 L/yr - ₹16 L/yr 43% more
Bank of America Procurement Manager Salary 8 - 13 years exp. (4 salaries)	₹13 L/yr - ₹20.5 L/yr 52% more
Barclays Procurement Manager Salary 6 - 12 years exp. (3 salaries)	₹9.1 L/yr - ₹14 L/yr 30% more
Utkarsh Small Finance Bank Procurement Manager Salary 7 - 9 years exp. (3 salaries)	₹7.9 L/yr - ₹8.8 L/yr 11% less

Procurement Manager salary at ICICI Bank ranges between ₹5.5 Lakhs to ₹13.2 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 11 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Procurement Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹13.2 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.8 L/yr
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4 years (AmbitionBox Estimate)	₹6 L/yr - ₹14.4 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹16.1 L/yr
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹16.7 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.5 L/yr
14 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
15+ years (AmbitionBox Estimate)	₹4.6 L/yr - ₹13.2 L/yr

View all

Similar Designation salaries in ICICI Bank

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(97 salaries)

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Commodity Manager Salary

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₹3.45 L/yr - ₹8 L/yr

Procurement Head Salary

(6 salaries)

₹36.5 L/yr - ₹93 L/yr

Depot Manager Salary

(5 salaries)

₹5.2 L/yr - ₹6 L/yr

Commercial Executive Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Procurement Executive Salary

(4 salaries)

₹2 L/yr - ₹6.1 L/yr

Assistant Manager Commercial Salary

(4 salaries)

₹4.2 L/yr - ₹6.5 L/yr

Supply Chain Manager Salary

(4 salaries)

₹5.1 L/yr - ₹10.3 L/yr

Sourcing Manager Salary

(3 salaries)

₹2.9 L/yr - ₹16 L/yr

Store Incharge Salary

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₹1.1 L/yr - ₹2.2 L/yr

Salary related reviews for ICICI Bank

4.0

Rated by 1 employees for salary & benefits

Counsellor in Nellore

BFSI, Investments & Trading Department

1.0

• posted on 12 Sep 2018

2.0

for Salary and Benefits

Likes

Not good it's only an off roll job... Pf other cuttings will not be funded. After we resign the job.. Overall it's a not satisfied job

Dislikes

1st it's an off roll job heavy targets that could not be completed... Salary is not enough....

Salary - Poor

+6 more

Relationship Manager - Business Banking in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Jan 2025

5.0

for Salary and Benefits

Likes

Overall the organisation in terms of salary structure, Work life balance and promotion appraisal is better than any other existing Bank.

Salary - Excellent

+1 more

Dislikes

The organization is certainly not meant for employees who are novice in the banking field. The training and helping environment is not at all good.

Skill development - Bad

+2 more

Accounts Manager in Greater Noida

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Jan 2025

4.0

for Salary and Benefits

Likes

Grading system is not there. Decent salary for beginners

Salary - Good

+2 more

Dislikes

Work life balance is very poor. Expected to do most of customer's part of documentation also. Expected to be available irrespective of holidays. Being service sector it's both physically and emotionally exhausting

Skill development - Poor

+2 more

Deputy Manager Band 2 in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 03 Jan 2025

3.0

for Salary and Benefits

Likes

Career growth is high because there are so many opportunities for learning

Skill development - Excellent

+5 more

Dislikes

... in intial days that is the most valuable time for anybody in their lifetime 2.Please revise the salary structure of ICICI asper standards of current decade scenario

Relationship Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 17 Dec 2024

3.0

for Salary and Benefits

Likes

*Unlimited sick leaves

Job security - Excellent

Dislikes

People, leadership, sick leaves not approved - causing loss of pay, unorganised, manual data entry, ancient systems, frequent pointless meetings and have no clear agenda that stretch beyond 1 hr (max. 5 hrs), no work from home almost always required to work from anywhere on sick leave, have strict login and logout times,

Work satisfaction - Poor

+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 Procurement Manager Salary FAQs

What is the salary of Procurement Manager at ICICI Bank ?

The average salary of a Procurement Manager at ICICI Bank in India typically ranges from ₹5.5 Lakhs to ₹13.2 Lakhs per year, depending on experience (from 2 years to 15 years).

The top 10% of Procurement Manager at ICICI Bank earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹13.2 Lakhs per year. Procurement 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 10+ ICICI Bank employees in India.

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

The estimated take-home salary of a Procurement Manager at ICICI Bank in India typically ranges from ₹67,251 to ₹68,973 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹13.2 Lakhs per year for employees with experience ranging from 2 years to 15 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 10+ 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 Procurement Manager in India?

Ujjivan Small Finance Bank	₹13.5 Lakhs to ₹18.0 Lakhs per year
Bank of America	₹13.0 Lakhs to ₹20.5 Lakhs per year
Standard Chartered	₹10.0 Lakhs to ₹16.0 Lakhs per year
Axis Bank	₹12.3 Lakhs to ₹17.0 Lakhs per year
HDFC Bank	₹12.0 Lakhs to ₹13.0 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 Procurement Manager in companies similar to ICICI Bank in India?

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

Barclays	₹9.1 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Bank	₹5.2 Lakhs to ₹11.5 Lakhs per year
Utkarsh Small Finance Bank	₹7.9 Lakhs to ₹8.8 Lakhs per year
Bandhan Bank	₹5.7 Lakhs to ₹8.0 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 Procurement Manager at ICICI Bank in India?

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

Experience	Average Salary Range
2 years	₹5.5 Lakhs to ₹13.2 Lakhs per year
3 years	₹6.0 Lakhs to ₹13.8 Lakhs per year
4 years	₹6.0 Lakhs to ₹14.4 Lakhs per year
5 years	₹6.5 Lakhs to ₹15.0 Lakhs per year

and so on.

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ICICI Bank Procurement Manager Salaries

ICICI Bank Procurement Manager salary in India ranges between ₹5.5 Lakhs to ₹13.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 ICICI Bank latest salaries received from various employees of ICICI Bank.