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ICICI Bank Senior Product Manager salaries in New Delhi (Updated 2025)

Annual salary range
2 - 7 years exp.
₹17 Lakhs - ₹30 Lakhs
Salary of majority employees
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33% less than the average Senior Product Manager Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

Product Management
Senior Product Manager Salary
3 - 7 years exp. (9 salaries)
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₹20.7 L/yr - ₹30 L/yr

Marketing & Communication
Senior Product Manager Salary
2 - 4 years exp. (5 salaries)
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₹18.9 L/yr - ₹24.6 L/yr

BFSI, Investments & Trading
Senior Product Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹22.5 L/yr - ₹25.5 L/yr

Last Updated: 22 Feb 2025

Companies similar to ICICI Bank for Senior Product Manager in New Delhi

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ICICI Bank Senior Product Manager Salary

2 - 7 years exp. (22 salaries)

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₹17 L/yr - ₹30 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Bank Senior Product Manager Salary

2 - 8 years exp. (15 salaries)

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₹15.5 L/yr - ₹27.5 L/yr

arrow icon 12% less
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RBL Bank Senior Product Manager Salary

1 - 6 years exp. (9 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 37% less
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IndusInd Bank Senior Product Manager Salary

7 - 13 years exp. (6 salaries)

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₹32 L/yr - ₹49 L/yr

arrow icon 65% more
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₹15.4 L/yr - ₹20 L/yr

arrow icon 17% less
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₹12.5 L/yr - ₹35 L/yr

arrow icon 6% more
Senior Product Manager salary at ICICI Bank ranges between ₹17 Lakhs to ₹30 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 22 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Senior Product Manager in New Delhi

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Experience wise ICICI Bank Senior Product Manager salaries in New Delhi

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹20.9 L/yr - ₹26.7 L/yr
3 years  (4 salaries)

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₹20 L/yr - ₹42.3 L/yr
4 years  (8 salaries)

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₹17 L/yr - ₹24 L/yr
5 years  (4 salaries)

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₹22.5 L/yr - ₹29 L/yr
6 years  (4 salaries)

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₹9.7 L/yr - ₹30 L/yr
View all
ICICI Bank Senior Product Manager Salary and Career Growth

From

To

Senior Product Manager

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2 - 9 years exp.

Assistant General Manager

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15 - 24 years exp.

Senior Product Manager 2 - 9 years exp.
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Chief Manager 5 - 23 years exp.
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arrow icon 4% hike
    Assistant General Manager 15 - 24 years exp.
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    arrow icon 111% 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

    Product Manager Salary
    (126 salaries)
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    ₹8.1 L/yr - ₹30 L/yr
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    ₹8.45 L/yr - ₹25 L/yr

    Salary related reviews for ICICI Bank

    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

    read more
    • 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

    read more
    • Salary - Poor
    • +1 more

    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

    read more
    • 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

    read more
    • Salary - Poor

    Product Management Department

    4.0
      •  posted on 17 Mar 2022

    3.0
     for  Salary and Benefits

    Likes

    The bank is one of the top banks in India in terms of market size and the leading bank in terms of technology adaption. So if you are a product manager, you'll get to work on a variety of digital initiatives which will most probably be replicated in other banks on the months or years to come.

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    • Skill development - Excellent
    • +5 more

    Dislikes

    The compensation is not the best. Fintechs pay more and so do some other banks. Even though there is salary correction/parity done every few years to match market salaries, you still feel it is a little less. Also 25% of ctc is variable portion which is too high and you generally get only 60 to 80% of it every year. Job security makes up for all this.

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    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.

    read more
    • Work satisfaction - Poor
    • +1 more

    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.

    read more
    • Job security - Good
    • +3 more

    Dislikes

    CTC Complexities Internal department change is not easy

    see more salary related reviews

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    ICICI Bank Senior Product Manager Salary FAQs

    What is the salary of Senior Product Manager at ICICI Bank in New Delhi?
    The average salary of a Senior Product Manager at ICICI Bank in New Delhi typically ranges from ₹17.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 2 years to 7 years).

    The top 10% of Senior Product Manager in New Delhi at ICICI Bank earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Senior Product 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 20+ ICICI Bank employees in India.
    What is the estimated take home salary of a Senior Product Manager at ICICI Bank in New Delhi?
    The estimated take-home salary of a Senior Product Manager at ICICI Bank in New Delhi typically ranges from ₹1,53,798 to ₹1,59,616 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 20+ 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 Senior Product Manager in India?
    IndusInd Bank ₹32.0 Lakhs to ₹49.0 Lakhs per year
    IDFC FIRST Bank ₹12.5 Lakhs to ₹35.0 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 Product Manager in companies similar to ICICI Bank in New Delhi?
    The salary of a Senior Product Manager at companies similar to ICICI Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Axis Bank ₹15.5 Lakhs to ₹27.5 Lakhs per year
    Kotak Mahindra Bank ₹15.4 Lakhs to ₹20.0 Lakhs per year
    RBL Bank ₹12.0 Lakhs to ₹20.0 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 Senior Product Manager at ICICI Bank in New Delhi?
    The salary growth for a Senior Product Manager at ICICI Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Senior Product Manager in New Delhi can expect the following growth trajectory at ICICI Bank:

    Experience Average Salary Range
    2 years ₹20.9 Lakhs to ₹26.7 Lakhs per year
    3 years ₹20.0 Lakhs to ₹42.3 Lakhs per year
    4 years ₹17.0 Lakhs to ₹24.0 Lakhs per year
    5 years ₹22.5 Lakhs to ₹29.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    ICICI Bank Senior Product Manager salary in New Delhi ranges between ₹17 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 ICICI Bank latest salaries received from various employees of ICICI Bank.