ICICI Bank Mumbai Procurement Manager Salaries by 9 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 in Mumbai

ICICI Bank Procurement Manager Salary

2 - 15 years exp. (9 salaries)

₹5.5 L/yr - ₹13.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Procurement Manager Salary 8 - 14 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 38% more
Axis Bank Procurement Manager Salary 9 - 15 years exp. (8 salaries)	₹11.9 L/yr - ₹17 L/yr 40% 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
Reliance Industries Procurement Manager Salary 1 - 17 years exp. (61 salaries)	₹6.5 L/yr - ₹25.3 L/yr 55% more	1 job opening
Larsen & Toubro Limited Procurement Manager Salary 8 - 17 years exp. (28 salaries)	₹13.8 L/yr - ₹27.1 L/yr 109% more

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 9 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Procurement Manager salaries in Mumbai

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 - ₹13.7 L/yr
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4 years (AmbitionBox Estimate)	₹6 L/yr - ₹14.3 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.9 L/yr
6 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹16.6 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 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

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Similar Designation salaries in ICICI Bank

Counsellor Salary

(17 salaries)

₹0.95 L/yr - ₹3.12 L/yr

Procurement Head Salary

(6 salaries)

₹36.5 L/yr - ₹93 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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an assistant manager

Need guidance for career growth in Banking and finance domain.

Hey all, I'm working in a bank as a relationship manager with a package of 3.0 Lac of salary, and I now have 1 year of experience in retail banking. Before that, I had 1 year of experience as a customer support associate. Highest education qualification - Graduate in commerce Expecting your guidance on which skills and certifications I need to acquire for a high-paying job in the banking domain.

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ICICI Bank Procurement Manager Salary FAQs

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

Procurement Manager salary at ICICI Bank in Mumbai ranges between ₹5.5 Lakhs to ₹13.2 Lakhs for experience between 2 years to 15 years. According to our estimates it is 41% less than the average Procurement Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of ICICI Bank Mumbai.

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

The average salary of a Procurement Manager at ICICI Bank is 41% less than the average salary of a Procurement Manager in Mumbai. To know exact salary insights, login to view.

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

Larsen & Toubro Limited Procurement Manager Salary - ₹13.8 Lakhs to ₹27.1 Lakhs per year
Reliance Industries Procurement Manager Salary - ₹6.5 Lakhs to ₹25.3 Lakhs per year
Axis Bank Procurement Manager Salary - ₹11.9 Lakhs to ₹17.0 Lakhs per year
HDFC Bank Procurement Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year

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

Kotak Mahindra Bank Procurement Manager Salary - ₹5.2 Lakhs to ₹11.5 Lakhs per year

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

The estimated take-home salary of a Procurement Manager at ICICI Bank ranges between ₹66,975 per month to ₹68,689 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Procurement Manager salary in India which ranges between ₹5.5 Lakhs to ₹13.2 Lakhs per year for employees with experience between 2 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 89% of the ICICI Bank Procurement Manager s in Mumbai reported a notice period of 1 Month, 11% reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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ICICI Bank Procurement Manager Salaries in Mumbai

ICICI Bank Procurement Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹13.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 ICICI Bank latest salaries received from various employees of ICICI Bank.