ICICI Bank Mumbai Product Owner Salaries by 6 Employees (Updated 2025)

0 - 5 years exp.

₹7.5 Lakhs - ₹17 Lakhs

Salary of majority employees

38% less than the average Product Owner Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 19 Jan 2025

Companies similar to ICICI Bank for Product Owner in Mumbai

ICICI Bank Product Owner Salary

0 - 5 years exp. (6 salaries)

₹7.5 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Product Owner Salary 0 - 6 years exp. (89 salaries)	₹7.3 L/yr - ₹26.5 L/yr 18% more
IDFC FIRST Bank Product Owner Salary 1 - 7 years exp. (21 salaries)	₹10 L/yr - ₹24.7 L/yr 60% more
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Deutsche Bank Product Owner Salary 8 - 16 years exp. (5 salaries)	₹15 L/yr - ₹38 L/yr 109% more	2 job openings
Bank of America Product Owner Salary 6 - 14 years exp. (4 salaries)	₹19.5 L/yr - ₹37 L/yr 97% more
Yes Bank Product Owner Salary 2 - 11 years exp. (3 salaries)	₹11 L/yr - ₹14 L/yr 2% less
Kotak Mahindra Bank Product Owner Salary 11 - 14 years exp. (3 salaries)	₹17.7 L/yr - ₹21.2 L/yr 56% more

Product Owner salary at ICICI Bank ranges between ₹7.5 Lakhs to ₹17 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Product Owner salaries in Mumbai

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.3 L/yr - ₹16 L/yr
1 year (3 salaries)	₹5.2 L/yr - ₹17 L/yr
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2 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.8 L/yr
3 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹17 L/yr
4 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.4 L/yr
5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹22.2 L/yr

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Salary related reviews for ICICI Bank

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.

Job security - Good

+3 more

Dislikes

CTC Complexities Internal department change is not easy

Senior Product Manager in Bangalore / Bengaluru

Full Time

Product Management Department

4.0

• posted on 22 Jul 2024

2.0

for Salary and Benefits

Likes

Work life balance large lot depends on your team and team lead. Job security and steady pay. Company culture is still hierarchical but slowly changing. Work satisfaction depends on team again. Product teams are better for learning and growth

Skill development - Good

+2 more

Dislikes

No merit based promotion or appraisals. Limited scope for team change recently. Management has tunnel vision and execute the lead’s vision without room for questioning

Salary - Poor

+1 more

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.

Salary - Good

+1 more

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.

Skill development - Poor

+3 more

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.

Job security - Good

+1 more

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.

Salary - Poor

+1 more

Senior Product Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 07 May 2023

2.0

for Salary and Benefits

Likes

ICICI Bank is a brand You don't have to worry about job security Definitely you will get the best exposure if you want to make your career in banking industry Management and HR policies are fantastic I have been working here for 5 years and I'm really enjoying your time with ICICI Work culture is good If you are a fresher Go for it If you are an experienced person I'll recommend to consider ICICI as your last job in your career because you can plan your retirement with this organisation

Skill development - Good

+4 more

Dislikes

Salary and incentives Very Poor till the grade MMI After MMII you are going to get handsome bonus and perks After CMII you will get Vehicle benefits As AGM you will get house allowance from bank and by DGM & Above All your expenses will be take care by bank So the conclusion is if you are below the grade.MMII the salary and incentives are very poor After MII and above only incentives are excellent but again hikes on salary are poor (7-8% of increment in non promotion) & 18% in promotion You are eligible for Promotion after 3 years

Salary - Poor

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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 Product Owner Salary FAQs

What is the salary of Product Owner at ICICI Bank in Mumbai?

The average salary of a Product Owner at ICICI Bank in Mumbai typically ranges from ₹7.5 Lakhs to ₹17.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Product Owner in Mumbai at ICICI Bank earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Product Owner 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 6 ICICI Bank employees in India.

What is the estimated take home salary of a Product Owner at ICICI Bank in Mumbai?

The estimated take-home salary of a Product Owner at ICICI Bank in Mumbai typically ranges from ₹89,110 to ₹91,450 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 6 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 Product Owner in India?

Deutsche Bank	₹15.0 Lakhs to ₹38.0 Lakhs per year
Bank of America	₹19.5 Lakhs to ₹37.0 Lakhs per year
IDFC FIRST Bank	₹10.0 Lakhs to ₹24.7 Lakhs per year
Kotak Mahindra Bank	₹17.7 Lakhs to ₹21.2 Lakhs per year
Axis Bank	₹7.3 Lakhs to ₹26.5 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 Product Owner in companies similar to ICICI Bank in Mumbai?

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

Yes Bank

₹11.0 Lakhs to ₹14.0 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 Product Owner at ICICI Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹5.3 Lakhs to ₹16.0 Lakhs per year
1 year	₹5.2 Lakhs to ₹17.0 Lakhs per year
2 years	₹11.5 Lakhs to ₹14.8 Lakhs per year
3 years	₹5.1 Lakhs to ₹17.0 Lakhs per year

and so on.

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ICICI Bank Product Owner Salaries in Mumbai

ICICI Bank Product Owner salary in Mumbai ranges between ₹7.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ICICI Bank latest salaries received from various employees of ICICI Bank.