ICICI Bank Service Manager Salaries by 50+ Employees (Updated 2025)

1 - 8 years exp.

₹3 Lakhs - ₹10.1 Lakhs

Salary of majority employees

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32% less than the average Service Manager Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Service Manager Salary 1 - 7 years exp. (19 salaries)	Unlock ₹3 L/yr - ₹9.5 L/yr
BFSI, Investments & Trading Service Manager Salary 2 - 8 years exp. (17 salaries)	Unlock ₹3.5 L/yr - ₹10.1 L/yr
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Finance & Accounting Service Manager Salary 1 - 5 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹6.5 L/yr

Last Updated: 16 Jan 2025

Companies similar to ICICI Bank for Service Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Service Manager Salary 3 - 11 years exp. (70 salaries)	Unlock ₹3 L/yr - ₹9.5 L/yr 10% more
Axis Bank Service Manager Salary 1 - 13 years exp. (44 salaries)	Unlock ₹3.2 L/yr - ₹11.3 L/yr 39% more
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State Bank of India Service Manager Salary 1 - 12 years exp. (26 salaries)	Unlock ₹7.5 L/yr - ₹16 L/yr 110% more
Kotak Mahindra Bank Service Manager Salary 2 - 16 years exp. (216 salaries)	Unlock ₹3.5 L/yr - ₹14 L/yr 50% more
Yes Bank Service Manager Salary 1 - 9 years exp. (20 salaries)	Unlock ₹3 L/yr - ₹9 L/yr 5% less
IndusInd Bank Service Manager Salary 2 - 7 years exp. (78 salaries)	Unlock ₹3 L/yr - ₹6 L/yr 20% less	1 job opening
IDFC FIRST Bank Service Manager Salary 4 - 9 years exp. (16 salaries)	Unlock ₹3.5 L/yr - ₹9 L/yr 3% less	2 job openings
RBL Bank Service Manager Salary 0 - 11 years exp. (21 salaries)	Unlock ₹2.1 L/yr - ₹9.3 L/yr 10% less
Standard Chartered Service Manager Salary 2 - 14 years exp. (79 salaries)	Unlock ₹4 L/yr - ₹13.2 L/yr 47% more
Deutsche Bank Service Manager Salary 4 - 11 years exp. (16 salaries)	Unlock ₹5.2 L/yr - ₹14.5 L/yr 81% more
Barclays Service Manager Salary 10 - 20 years exp. (9 salaries)	Unlock ₹14 L/yr - ₹27 L/yr 333% more
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AU Small Finance Bank Service Manager Salary 0 - 10 years exp. (9 salaries)	Unlock ₹3.5 L/yr - ₹10 L/yr 1% more
NatWest Group Service Manager Salary 3 - 18 years exp. (7 salaries)	Unlock ₹2.1 L/yr - ₹26.8 L/yr 136% more
Equitas Small Finance Bank Service Manager Salary 1 - 9 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹3.3 L/yr 43% less
DBS Bank Service Manager Salary 8 - 14 years exp. (4 salaries)	Unlock ₹6.5 L/yr - ₹13 L/yr 67% more

Service Manager salary at ICICI Bank ranges between ₹3 Lakhs to ₹10.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 52 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Service Manager

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5 years exp.

1mo ago

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8 years exp.

1mo ago

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5 years exp.

2mo ago

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6 years exp.

2mo ago

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2 years exp.

3mo ago

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2 years exp.

4mo ago

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4 years exp.

4mo ago

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1 year exp.

5mo ago

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3 years exp.

5mo ago

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3 years exp.

Experience wise ICICI Bank Service Manager salaries

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
1 year (8 salaries)	Unlock ₹3 L/yr - ₹5 L/yr
2 years (8 salaries)	Unlock ₹3 L/yr - ₹5.5 L/yr
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3 years (5 salaries)	Unlock ₹3.5 L/yr - ₹6.5 L/yr
4 years (6 salaries)	Unlock ₹3.3 L/yr - ₹7.5 L/yr
5 years (10 salaries)	Unlock ₹3.5 L/yr - ₹8.2 L/yr
6 years (4 salaries)	Unlock ₹4.5 L/yr - ₹9.5 L/yr
7 years (6 salaries)	Unlock ₹5.5 L/yr - ₹8.5 L/yr
8 years (5 salaries)	Unlock ₹6 L/yr - ₹10.9 L/yr

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Similar Designation salaries in ICICI Bank

Area Service Manager Salary

(AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr

Zonal Service Manager Salary

(25 salaries)

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₹6.4 L/yr - ₹23.44 L/yr

Service Engineer Salary

(4 salaries)

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₹1.05 L/yr - ₹3.52 L/yr

Service Advisor Salary

(4 salaries)

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₹2 L/yr - ₹9.2 L/yr

Area Manager Salary

(92 salaries)

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₹4.3 L/yr - ₹12 L/yr

Service Head Salary

(AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr

Center Manager Salary

(AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr

Deputy Manager Salary

(15.5k salaries)

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₹2 L/yr - ₹11 L/yr

Territory Manager Salary

(5 salaries)

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₹4.05 L/yr - ₹9.5 L/yr

Sales Manager Salary

(586 salaries)

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₹2 L/yr - ₹11 L/yr

Top skills at ICICI Bank for Service Manager

Collections Debt Management Debt Collection Debt Recovery Recovery Interpersonal Skills Collection Management Service management Debt Recovery Trade Finance Analytical Ability Export Import Branch Management Debt Management Debt

Salary related reviews for ICICI Bank

2.4

Rated by 6 employees for salary & benefits

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

Sales Executive in Ahmedabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

...ous training and development programs to help employees enhance their skills. 2. _Competitive Salary_: ICICI Bank provides competitive salaries and benefits to its employees.

Salary - Good

Dislikes

Nothing

Skill development - Poor

+2 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

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

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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 Service Manager Salary FAQs

What is the salary of Service Manager at ICICI Bank?

Service Manager salary at ICICI Bank in India ranges between ₹3.0 Lakhs to ₹10.1 Lakhs for experience between 1 years to 8 years. According to our estimates it is 32% less than the average Service Manager Salary in India. Salary estimates are based on 52 latest salaries received from various employees of ICICI Bank India.

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

The average salary of a Service Manager at ICICI Bank is 32% less than the average salary of a Service Manager in India. To know exact salary insights, login to view.

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

Collections, Debt Management, Debt Collection, Debt Recovery and Recovery are some of the popular skills required to work as a Service Manager at ICICI Bank India.

Which similar companies are paying more than ICICI Bank to a Service Manager in India?

Barclays Service Manager Salary - ₹14.0 Lakhs to ₹27.0 Lakhs per year
NatWest Group Service Manager Salary - ₹2.1 Lakhs to ₹26.8 Lakhs per year
State Bank of India Service Manager Salary - ₹7.5 Lakhs to ₹16.0 Lakhs per year
Deutsche Bank Service Manager Salary - ₹5.2 Lakhs to ₹14.5 Lakhs per year
DBS Bank Service Manager Salary - ₹6.5 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Service Manager in companies similar to ICICI Bank in India?

Kotak Mahindra Bank Service Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
Standard Chartered Service Manager Salary - ₹4.0 Lakhs to ₹13.2 Lakhs per year
Axis Bank Service Manager Salary - ₹3.2 Lakhs to ₹11.3 Lakhs per year
HDFC Bank Service Manager Salary - ₹3.0 Lakhs to ₹9.5 Lakhs per year
AU Small Finance Bank Service Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Service Manager at ICICI Bank in India?

The estimated take-home salary of a Service Manager at ICICI Bank ranges between ₹41,011 per month to ₹42,162 per month in India. The take-home salary calculation is based on the average ICICI Bank Service Manager salary in India which ranges between ₹3.0 Lakhs to ₹10.1 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Service Manager at ICICI Bank?

According to AmbitionBox, 71% of the ICICI Bank Service Managers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 45 responses on AmbitionBox in last 2 years.

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ICICI Bank Service Manager Salaries

ICICI Bank Service Manager salary in India ranges between ₹3 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 52 ICICI Bank latest salaries received from various employees of ICICI Bank.

ICICI Bank Service Manager salaries in India (Updated 2025)

Companies similar to ICICI Bank for Service Manager

Latest annual salaries shared by ICICI Bank Service Manager

Experience wise ICICI Bank Service Manager salaries

Similar Designation salaries in ICICI Bank

Top skills at ICICI Bank for Service Manager

Salary related reviews for ICICI Bank

Deputy Manager in Hyderabad / Secunderabad

Sales Executive in Ahmedabad

Deputy Manager in Bangalore / Bengaluru

Deputy Manager in Kolkata

Deputy Manager in Hyderabad / Secunderabad

ICICI Bank Service Manager Salary FAQs

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ICICI Bank Service Manager Salaries by Location