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
Axis Bank Procurement Manager Salary 9 - 14 years exp. (10 salaries)	₹12.3 L/yr - ₹17 L/yr 42% more
HDFC Bank Procurement Manager Salary 8 - 14 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 37% more
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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
Kotak Mahindra Bank Procurement Manager Salary 0 - 13 years exp. (3 salaries)	₹5.2 L/yr - ₹11.5 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

Counsellor Salary

(98 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

Deputy Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 24 Mar 2025

3.0

for Salary and Benefits

Likes

Salary come on time on the last day of the month.

Dislikes

... Even if you are not knowledgeable you need to remain in good books in ZH ad RH. Be their chamcha and you will get good promotion and raise in the salary. Be a bootlicker.

Skill development - Poor

+3 more

Branch Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Mar 2025

2.0

for Salary and Benefits

Likes

Very focused on Skill development, no boss management culture, lots of data oriented actionable taken, very tech savvy and technology oriented, Strong HR policies.

Skill development - Good

+1 more

Dislikes

...gement. Decision made only upon statistical reference instead of ground reality. Very poor compensation policy, no incentive or rating culture. Man marking, staff usages, proper staff onboarding, training and monitoring are missing. Depth not there to generate more business, thus missing out market share in most of the non metro or semi urban location.

Salary - Poor

+1 more

Consumer Insights Manager in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 06 Mar 2025

5.0

for Salary and Benefits

Likes

Salary Structure. Work timing (but it solely depends on the team you work for)

Salary - Excellent

+3 more

Dislikes

It depends on the team you work for and mainly the manager who you are reporting to. I am having a bad experience only because of the manager as she is micro managing and unnecessarily shouts at things that has 0 value addition to the tasks. Nothing major to learn in the profile, it's mostly ppt and excel work.

Company culture - Poor

Trade Desk Manager in Faridabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 26 Feb 2025

5.0

for Salary and Benefits

Likes

Job security is there and salary credited timely

Salary - Excellent

+1 more

Dislikes

No work life balance daily targets of various banking products sometimes branch manager make employees to sit late in the branch, no skill development at all. Banking industry is worst to start your career.

Skill development - Bad

+4 more

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What people are saying about ICICI Bank

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tendervada

4d (edited)

currently not working

Need suggetion please 🙏

I have a new job in ICICI Bank for Branch Banking as a Relationship Manager, but my friend, who is also in the same bank, told me not to join Branch Banking as a Relationship Manager because the sales targets are too high and the work culture is too toxic. He suggested I transfer to Corporate Banking." Please give me suggetion?

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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.