ICICI Bank Mumbai Production Manager Salaries by 30+ Employees

1 - 7 years exp.

₹5.9 Lakhs - ₹23.9 Lakhs

Salary of majority employees

Fixed (77%)

₹10.5 Lakhs

Variable (23%)

₹3.1 Lakhs

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6% less than the average Production Manager Salary in Banking Companies for 1 - 7 years of experience

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Salaries in different departments

Product Management Production Manager Salary 1 - 6 years exp. (14 salaries)	Unlock ₹6.8 L/yr - ₹18 L/yr
Marketing & Communication Production Manager Salary 1 - 7 years exp. (4 salaries)	Unlock ₹9.1 L/yr - ₹13.9 L/yr
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BFSI, Investments & Trading Production Manager Salary 2 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹22.3 L/yr
Data Science & Analytics Production Manager Salary 4 - 7 years exp. (AmbitionBox Estimate)	Unlock ₹13.1 L/yr - ₹24.5 L/yr
Finance & Accounting Production Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹13.9 L/yr

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Last Updated: 28 Dec 2024

Companies similar to ICICI Bank for Production Manager in Mumbai

ICICI Bank Production Manager Salary

1 - 7 years exp. (38 salaries)

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₹5.9 L/yr - ₹23.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Production Manager Salary 0 - 4 years exp. (5 salaries)	Unlock ₹7.2 L/yr - ₹19.2 L/yr 7% less
Axis Bank Production Manager Salary 0 - 8 years exp. (10 salaries)	Unlock ₹7.5 L/yr - ₹21 L/yr 10% less
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Kotak Mahindra Bank Production Manager Salary 2 - 6 years exp. (5 salaries)	Unlock ₹6.3 L/yr - ₹15 L/yr 25% less
Yes Bank Production Manager Salary 2 - 9 years exp. (3 salaries)	Unlock ₹9.3 L/yr - ₹20 L/yr 3% less
IDFC FIRST Bank Production Manager Salary 0 - 6 years exp. (5 salaries)	Unlock ₹12 L/yr - ₹20 L/yr 7% more

Production Manager salary at ICICI Bank ranges between ₹5.9 Lakhs to ₹23.9 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 38 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Production Manager in Mumbai

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7 years exp.

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Experience wise ICICI Bank Production Manager salaries in Mumbai

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
1 year (10 salaries)	Unlock ₹6.7 L/yr - ₹18 L/yr
2 years (11 salaries)	Unlock ₹5.4 L/yr - ₹22 L/yr
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3 years (7 salaries)	Unlock ₹5.4 L/yr - ₹23 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹22.3 L/yr
5 years (4 salaries)	Unlock ₹7 L/yr - ₹24.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹25.3 L/yr
7 years (3 salaries)	Unlock ₹11 L/yr - ₹24.5 L/yr

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Similar Designation salaries in ICICI Bank

Deputy Manager Salary

(3.5k salaries)

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₹2.5 L/yr - ₹10.55 L/yr

Senior Officer Salary

(687 salaries)

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₹1.5 L/yr - ₹6 L/yr

Operations Manager Salary

(74 salaries)

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₹2.74 L/yr - ₹11.44 L/yr

Top skills at ICICI Bank for Production Manager

Content Management Google Analytics Competitor Analysis Web Analytics Product Management Digital Media Internet Banking UX Production Management HTML Digital Marketing

Salary related reviews for ICICI Bank

3.5

Rated by 11 employees for salary & benefits

Production Manager in Mumbai

Full Time

Other Department

1.0

• posted on 13 Jul 2023

1.0

for Salary and Benefits

Likes

Only thing to like is sick leave policy and you get national holidays

Dislikes

1.Very less Paid Leaves for first 2 years only 9 PL 2.The variable and retention bonus may not be paid citing reasons best known to them 3.Specific asset departments have lobby system with HR wherein they might not confirm probation which is 1 year long 4.Very laid back work environment hence no learnings 5. Whatever the role may be it would only consist of sales 6.Department mentioned on offer letter may not match the department given during onboarding 7.Very high travelling requirements with only 3000 rupees will get reimbursed. Average travelling expenditure may clock north of 10000 in some months

Salary - Bad

+6 more

Deputy Manager in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

4.0

• posted on 01 Feb 2025

3.0

for Salary and Benefits

Likes

Job Security

Job security - Good

Dislikes

I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

Work satisfaction - Poor

+1 more

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

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

Senior Officer in Kalyani

Full Time

Sales & Business Development Department

5.0

• posted on 20 Nov 2024

5.0

for Salary and Benefits

Likes

We all know that ICICI is the most leading bank ... So that's the company culture, salary process, increment process just excellent. This is reason icici is the most successful private bank in India.

Salary - Excellent

+6 more

Dislikes

There is nothing dislike about icici bank. Sorry to say for me this best working place ever.

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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... read more

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ICICI Bank Production Manager Salary FAQs

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

Production Manager salary at ICICI Bank in Mumbai ranges between ₹5.9 Lakhs to ₹23.9 Lakhs for experience between 1 years to 7 years. According to our estimates it is 6% less than the average Production Manager Salary in India. Salary estimates are based on 38 latest salaries received from various employees of ICICI Bank Mumbai.

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

The average salary of a Production Manager at ICICI Bank is 6% less than the average salary of a Production Manager in Mumbai. To know exact salary insights, login to view.

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

Content Management, Google Analytics, Competitor Analysis, Web Analytics and Product Management are some of the popular skills required to work as a Production Manager at ICICI Bank Mumbai.

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

IDFC FIRST Bank Production Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year

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

Yes Bank Production Manager Salary - ₹9.3 Lakhs to ₹20.0 Lakhs per year
HDFC Bank Production Manager Salary - ₹7.2 Lakhs to ₹19.2 Lakhs per year
Axis Bank Production Manager Salary - ₹7.5 Lakhs to ₹21.0 Lakhs per year
Kotak Mahindra Bank Production Manager Salary - ₹6.3 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Production Manager at ICICI Bank ranges between ₹95,219 per month to ₹97,786 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Production Manager salary in India which ranges between ₹5.9 Lakhs to ₹23.9 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the ICICI Bank Production Managers in Mumbai reported a notice period of 1 Month, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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ICICI Bank Production Manager Salaries in Mumbai

ICICI Bank Production Manager salary in Mumbai ranges between ₹5.9 Lakhs to ₹23.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 ICICI Bank latest salaries received from various employees of ICICI Bank.