ICICI Bank Mumbai Senior Manager Salaries by 600+ Employees (Updated 2025)

1 - 20 years exp.

₹9.3 Lakhs - ₹26 Lakhs

Salary of majority employees

Fixed (78%)

₹13.7 Lakhs

Variable (22%)

₹3.9 Lakhs

18% less than the average Senior Manager Salary in Banking Companies for 1 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 1 - 20 years exp. (209 salaries)	₹9.2 L/yr - ₹25.5 L/yr
Finance & Accounting Senior Manager Salary 2 - 16 years exp. (77 salaries)	₹8.4 L/yr - ₹24 L/yr
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Product Management Senior Manager Salary 3 - 17 years exp. (39 salaries)	₹10 L/yr - ₹23.1 L/yr
Sales & Business Development Senior Manager Salary 2 - 16 years exp. (36 salaries)	₹8.1 L/yr - ₹24 L/yr
Data Science & Analytics Senior Manager Salary 3 - 14 years exp. (25 salaries)	₹9 L/yr - ₹25 L/yr

View all

Last Updated: 22 Mar 2025

Companies similar to ICICI Bank for Senior Manager in Mumbai

ICICI Bank Senior Manager Salary

1 - 20 years exp. (647 salaries)

₹9.3 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (2.4k salaries)	₹8.2 L/yr - ₹28 L/yr 8% less
Axis Bank Senior Manager Salary 2 - 22 years exp. (2k salaries)	₹8.9 L/yr - ₹28.3 L/yr 2% less	2 job openings
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Kotak Mahindra Bank Senior Manager Salary 2 - 19 years exp. (1.4k salaries)	₹5.5 L/yr - ₹20 L/yr 26% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (951 salaries)	₹6.5 L/yr - ₹21.6 L/yr 27% less
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (570 salaries)	₹7 L/yr - ₹24.2 L/yr 12% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (335 salaries)	₹6.5 L/yr - ₹20 L/yr 28% less
IndusInd Bank Senior Manager Salary 6 - 17 years exp. (148 salaries)	₹5.3 L/yr - ₹20 L/yr 29% less
Bank of Baroda Senior Manager Salary 8 - 16 years exp. (94 salaries)	₹11.8 L/yr - ₹33 L/yr 31% more
AU Small Finance Bank Senior Manager Salary 4 - 18 years exp. (89 salaries)	₹6.3 L/yr - ₹21 L/yr 15% less
Bank of America Senior Manager Salary 7 - 17 years exp. (77 salaries)	₹20 L/yr - ₹45 L/yr 100% more	4 job openings

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Senior Manager salary at ICICI Bank ranges between ₹9.3 Lakhs to ₹26 Lakhs per year for employees with experience between 1 year to 20 years. Salary estimates are based on 647 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Senior Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹16 L/yr - ₹38.9 L/yr
2 years (27 salaries)	₹10 L/yr - ₹23.5 L/yr
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3 years (62 salaries)	₹10 L/yr - ₹25 L/yr
4 years (61 salaries)	₹11.8 L/yr - ₹25.5 L/yr
5 years (72 salaries)	₹8.4 L/yr - ₹26 L/yr
6 years (63 salaries)	₹8.9 L/yr - ₹25 L/yr
7 years (41 salaries)	₹9.3 L/yr - ₹25 L/yr
8 years (35 salaries)	₹7.8 L/yr - ₹25.6 L/yr
9 years (37 salaries)	₹7.4 L/yr - ₹24 L/yr
10 years (45 salaries)	₹8 L/yr - ₹24.9 L/yr
11 years (33 salaries)	₹9.5 L/yr - ₹24.9 L/yr
12 years (32 salaries)	₹9.6 L/yr - ₹25 L/yr
13 years (33 salaries)	₹10 L/yr - ₹24.5 L/yr
14 years (37 salaries)	₹9 L/yr - ₹22.5 L/yr
15+ years (67 salaries)	₹9.5 L/yr - ₹21.5 L/yr

View all

From

Senior Manager

₹

Lakhs/yr

1 - 20 years exp.

Assistant General Manager

₹

Lakhs/yr

15 - 24 years exp.

Senior Manager 1 - 20 years exp.

Chief Manager 5 - 23 years exp.

46% hike

Assistant General Manager 15 - 24 years exp.

109% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Bank

Deputy Manager Salary

(3.6k salaries)

₹2 L/yr - ₹10.55 L/yr

Branch Manager Salary

(222 salaries)

₹6.27 L/yr - ₹25.06 L/yr

Marketing Manager Salary

(54 salaries)

₹5.88 L/yr - ₹20 L/yr

Sales Manager Salary

(53 salaries)

₹1.67 L/yr - ₹11 L/yr

Regional Manager Salary

(10 salaries)

₹11.7 L/yr - ₹32 L/yr

Senior Sales Manager Salary

(6 salaries)

₹8 L/yr - ₹13.5 L/yr

Area Manager Salary

(4 salaries)

₹5.1 L/yr - ₹8.5 L/yr

Top skills at ICICI Bank for Senior Manager

Team Handling

Salary related reviews for ICICI Bank

3.7

Rated by 42 employees for salary & benefits

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 17 Dec 2023

5.0

for Salary and Benefits

Likes

Salary and Bonus given is good.

Salary - Excellent

+2 more

Dislikes

Job offered is not as per JD shown before interview to you also proper clarification is not on offer letter on calling to call centre team given will misguide you. On first day itself after online induction of joining your branch is changed along with line manager if current reporting manager don't require you in his team so why HR mail comes to you on last day of induction with line manager and location details God knows. Work Departments will change like we change cloths. Line managers does not have proper behaviour with line staff. Very Pathetic and unprofessional people to work with. Please enquire properly before entering. Freshers do not apply as you will not learn anything. Thanks 👍

Skill development - Bad

+3 more

Senior Manager in Mumbai

Full Time

Other Department

3.0

• posted on 10 Aug 2023

2.0

for Salary and Benefits

Likes

Pros: 1. Excellent learning opportunities 2. Work-life balance: depends on the departments and teams. 3. Good for those starting their career 4. Excellent brand value

Skill development - Excellent

+2 more

Dislikes

Cons: 1. Salary lower than industry average 2. Poor work culture 3. Unstructured work environment 4. HR policies not favorable to employees

Salary - Poor

+2 more

Senior Manager in Mumbai

Internal Audit Department

3.0

• posted on 24 Nov 2021

2.0

for Salary and Benefits

Likes

It totally depends on manager and top bosses. If you get a good manager you get to groom your skills and yourself. There are good learning opportunities available.

Job security - Good

Dislikes

If the manager is bad, then there is too much work pressure, no work life balance. The compensation is far less. There is hardly any annual monetary growth

Salary - Poor

+2 more

Senior Manager in Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 02 Apr 2020

3.0

for Salary and Benefits

Likes

Due to COVID-19 entire Country is lockdown. It's good that Company had informed their Employee to Work from Home and also given the Salary two days before. It's really great.

Skill development - Excellent

+5 more

Dislikes

Need Staff Loan Facility at all level of designation. Need Group Medical Policy

Senior Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 31 Jul 2024

4.0

for Salary and Benefits

Likes

Good HR Good learning Ambitious bank So work culture is also competitive Targets used to be stretched and every year incremental target set Long working hours Work life balance is little low

Salary - Good

+6 more

Dislikes

Increment is less Bonus is less Subsidised loan to staff are not available

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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 Senior Manager Salary FAQs

What is the salary of Senior Manager at ICICI Bank in Mumbai?

The average salary of a Senior Manager at ICICI Bank in Mumbai typically ranges from ₹9.3 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 1 year to 20 years).

The top 10% of Senior Manager in Mumbai at ICICI Bank earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Senior 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 600+ ICICI Bank employees in India.

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

The estimated take-home salary of a Senior Manager at ICICI Bank in Mumbai typically ranges from ₹1,18,648 to ₹1,21,972 per month. This is based on the average salary range of ₹9.3 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 1 year to 20 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 600+ salaries received from various employees of ICICI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Manager at ICICI Bank in Mumbai?

Team Handling is a popular skill required to work as a Senior Manager at ICICI Bank.

Which companies offer higher salaries than ICICI Bank for Senior Manager in India?

Bank of America	₹20.0 Lakhs to ₹45.0 Lakhs per year
Standard Chartered	₹11.0 Lakhs to ₹44.0 Lakhs per year
Canara Bank	₹12.0 Lakhs to ₹32.0 Lakhs per year
Bank of Baroda	₹11.8 Lakhs to ₹33.0 Lakhs per year
NatWest Group	₹13.0 Lakhs to ₹33.0 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 Senior Manager in companies similar to ICICI Bank in Mumbai?

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

Union Bank of India	₹9.0 Lakhs to ₹32.0 Lakhs per year
State Bank of India	₹9.0 Lakhs to ₹35.0 Lakhs per year
Bank of India	₹11.3 Lakhs to ₹25.0 Lakhs per year
Punjab National Bank	₹11.2 Lakhs to ₹35.7 Lakhs per year
DBS Bank	₹11.4 Lakhs to ₹26.4 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 Senior Manager at ICICI Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹16.0 Lakhs to ₹38.9 Lakhs per year
2 years	₹10.0 Lakhs to ₹23.5 Lakhs per year
3 years	₹10.0 Lakhs to ₹25.0 Lakhs per year
4 years	₹11.8 Lakhs to ₹25.5 Lakhs per year

and so on.

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ICICI Bank Senior Manager Salaries in Mumbai

ICICI Bank Senior Manager salary in Mumbai ranges between ₹9.3 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 647 ICICI Bank latest salaries received from various employees of ICICI Bank.

ICICI Bank Senior Manager salaries in Mumbai (Updated 2025)

Companies similar to ICICI Bank for Senior Manager in Mumbai

Latest annual salaries shared by ICICI Bank Senior Manager in Mumbai

Experience wise ICICI Bank Senior Manager salaries in Mumbai

Similar Designation salaries in ICICI Bank

Top skills at ICICI Bank for Senior Manager

Salary related reviews for ICICI Bank

Senior Manager in Mumbai

Senior Manager in Mumbai

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ICICI Bank Senior Manager Salary FAQs

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