ICICI Bank Hyderabad / Secunderabad Service Manager Salaries by 4 Employees

1 - 3 years exp.

₹3 Lakhs - ₹5.6 Lakhs

Salary of majority employees

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39% less than the average Service Manager Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting Service Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Service Manager Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹5.8 L/yr
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Customer Success, Service & Operations Service Manager Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹5.4 L/yr

Last Updated: 10 Sep 2024

Companies similar to ICICI Bank for Service Manager in Hyderabad / Secunderabad

ICICI Bank Service Manager Salary

1 - 3 years exp. (4 salaries)

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₹3 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Service Manager Salary 6 - 9 years exp. (3 salaries)	Unlock ₹4.8 L/yr - ₹9 L/yr 30% more
Axis Bank Service Manager Salary 3 - 13 years exp. (6 salaries)	Unlock ₹6.5 L/yr - ₹15 L/yr 88% more
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State Bank of India Service Manager Salary 3 - 5 years exp. (3 salaries)	Unlock ₹8.5 L/yr - ₹11 L/yr 118% more
Kotak Mahindra Bank Service Manager Salary 2 - 14 years exp. (16 salaries)	Unlock ₹2.9 L/yr - ₹13.5 L/yr 83% more
IndusInd Bank Service Manager Salary 4 - 7 years exp. (3 salaries)	Unlock ₹4.2 L/yr - ₹5 L/yr 6% less	1 job opening
Standard Chartered Service Manager Salary 6 - 12 years exp. (5 salaries)	Unlock ₹7.3 L/yr - ₹10.5 L/yr 93% more

Service Manager salary at ICICI Bank ranges between ₹3 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Service Manager salaries in Hyderabad / Secunderabad

Last Updated: 10 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹6.6 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹1.6 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹7.6 L/yr

Similar Designation salaries in ICICI Bank

Deputy Manager Salary

(3k salaries)

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₹2.8 L/yr - ₹10.11 L/yr

Sales Manager Salary

(44 salaries)

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₹2.5 L/yr - ₹10.5 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

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 Hyderabad / Secunderabad?

Service Manager salary at ICICI Bank in Hyderabad / Secunderabad ranges between ₹3.0 Lakhs to ₹5.6 Lakhs for experience between 1 years to 3 years. According to our estimates it is 39% less than the average Service Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Bank Hyderabad / Secunderabad.

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

The average salary of a Service Manager at ICICI Bank is 39% less than the average salary of a Service Manager in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.

Which similar companies are paying more than ICICI Bank to a Service Manager in Hyderabad / Secunderabad?

State Bank of India Service Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year
Standard Chartered Service Manager Salary - ₹7.3 Lakhs to ₹10.5 Lakhs per year
Axis Bank Service Manager Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Service Manager Salary - ₹2.9 Lakhs to ₹13.5 Lakhs per year
HDFC Bank Service Manager Salary - ₹4.8 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Service Manager in companies similar to ICICI Bank in Hyderabad / Secunderabad?

IndusInd Bank Service Manager Salary - ₹4.2 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Service Manager at ICICI Bank ranges between ₹34,572 per month to ₹35,819 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average ICICI Bank Service Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Service Manager at ICICI Bank in Hyderabad / Secunderabad?

According to AmbitionBox, 100% of the ICICI Bank Service Managers in Hyderabad / Secunderabad reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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ICICI Bank Service Manager Salaries in Hyderabad / Secunderabad

ICICI Bank Service Manager salary in Hyderabad / Secunderabad ranges between ₹3 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Bank latest salaries received from various employees of ICICI Bank.