ICICI Bank Mumbai Software Developer Salaries by 7 Employees (Updated 2025)

1 - 3 years exp.

₹8 Lakhs - ₹8.3 Lakhs

Salary of majority employees

8% less than the average Software Developer Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Software Developer Salary 1 - 3 years exp. (4 salaries)	₹4.1 L/yr - ₹17.5 L/yr
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Data Science & Analytics Software Developer Salary 1 - 2 years exp. (3 salaries)	₹2.7 L/yr - ₹6.4 L/yr

Last Updated: 25 Feb 2025

Companies similar to ICICI Bank for Software Developer in Mumbai

ICICI Bank Software Developer Salary

1 - 3 years exp. (7 salaries)

₹8 L/yr - ₹8.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Developer Salary 1 - 10 years exp. (90 salaries)	₹9.1 L/yr - ₹17 L/yr 41% more
Axis Bank Software Developer Salary 1 - 4 years exp. (36 salaries)	₹5.4 L/yr - ₹20 L/yr 42% more
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Bank of America Software Developer Salary 0 - 10 years exp. (27 salaries)	₹7.8 L/yr - ₹24.5 L/yr 86% more
IDFC FIRST Bank Software Developer Salary 1 - 6 years exp. (18 salaries)	₹5.8 L/yr - ₹19.8 L/yr 66% more
Kotak Mahindra Bank Software Developer Salary 1 - 6 years exp. (14 salaries)	₹8.1 L/yr - ₹22 L/yr 116% more
Barclays Software Developer Salary 1 - 5 years exp. (10 salaries)	₹8 L/yr - ₹22 L/yr 89% more
IndusInd Bank Software Developer Salary 1 - 8 years exp. (8 salaries)	₹6 L/yr - ₹17 L/yr 22% more
RBL Bank Software Developer Salary 0 - 7 years exp. (8 salaries)	₹3.3 L/yr - ₹12 L/yr 1% less
State Bank of India Software Developer Salary 3 - 7 years exp. (5 salaries)	₹5.9 L/yr - ₹14 L/yr 31% more

Software Developer salary at ICICI Bank ranges between ₹8 Lakhs to ₹8.3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Software Developer salaries in Mumbai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹3.2 L/yr - ₹12.5 L/yr
2 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.3 L/yr
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3 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

Similar Designation salaries in ICICI Bank

Software Engineer Salary

(6 salaries)

₹3.24 L/yr - ₹9.23 L/yr

Web Developer Salary

(5 salaries)

₹2 L/yr - ₹4.8 L/yr

Plsql Developer Salary

(4 salaries)

₹4.2 L/yr - ₹7.5 L/yr

Senior Software Developer Salary

(3 salaries)

₹5.2 L/yr - ₹7 L/yr

Top skills at ICICI Bank for Software Developer

Java Software Development Python Cloud Computing Oracle Application Development Programming Agile Methodology Project Management .Net Front End Data Warehousing Machine Learning Artificial Intelligence HTML

Salary related reviews for ICICI Bank

2.0

Rated by 4 employees for salary & benefits

Team Lead in Bada Choraha Kanpur

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 May 2023

4.0

for Salary and Benefits

Likes

Working in ICICI Bank I am very proud to be say in anybody her working culture and customers sales and collection repayment policy is very nice and loan repayment options is very good

Salary - Good

+5 more

Dislikes

Salary and promotion system is very poor

Promotions - Poor

Senior Associate in Vadodara

Sales & Business Development Department

4.0

• posted on 20 Aug 2021

3.0

for Salary and Benefits

Likes

...d Employees Are so Helpfull And Supportive And Company Policy, management,team Work Are Damn Good , And they given good salary and bonus every year

Skill development - Good

+4 more

Dislikes

Career Growth Is Slow

Team Lead in Gachibowli Towers ICICI Bank Hyderabad Telangana

Finance & Accounting Department

5.0

• posted on 11 May 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 06 Sep 2019

2.0

for Salary and Benefits

Likes

Environment is good....good platform for learning.....seniors is also very supportive....my frst job experience on icici bank is very good....

Skill development - Good

+2 more

Dislikes

Salary is very low....i m a off roll emplyee need to grow my career for my better furure needs

Salary - Poor

+1 more

Team Lead in Bangalore / Bengaluru

Finance & Accounting Department

4.0

• posted on 29 Sep 2019

1.0

for Salary and Benefits

Likes

It was great and I have learned that lot of things and more fun with colleagues and also manager's I think I will get better for depend upon on this company work with satisfaction And thanks for anything

Skill development - Good

+2 more

Dislikes

Salary and about incentive and poor response with_____

Salary - Bad

see more salary related reviews

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What people are saying about ICICI Bank

View All

tendervada

5h (edited)

currently not working

Need suggetion please 🙏

I have a new job in ICICI Bank for Branch Banking as a Relationship Manager, but my friend, who is also in the same bank, told me not to join Branch Banking as a Relationship Manager because the sales targets are too high and the work culture is too toxic. He suggested I transfer to Corporate Banking." Please give me suggetion?

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ICICI Bank Software Developer Salary FAQs

What is the salary of Software Developer at ICICI Bank in Mumbai?

The average salary of a Software Developer at ICICI Bank in Mumbai typically ranges from ₹8.0 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Software Developer in Mumbai at ICICI Bank earn more than ₹16.9 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Software Developer 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 7 ICICI Bank employees in India.

What is the estimated take home salary of a Software Developer at ICICI Bank in Mumbai?

The estimated take-home salary of a Software Developer at ICICI Bank in Mumbai typically ranges from ₹60,035 to ₹61,553 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 1 year to 3 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 7 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 Software Developer at ICICI Bank in Mumbai?

To be a Software Developer at ICICI Bank in Mumbai, the key skills required include:

- Java
- Software Development
- Python
- Cloud Computing
- Oracle

These skills are highly valued at ICICI Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICICI Bank for Software Developer in India?

Kotak Mahindra Bank	₹8.1 Lakhs to ₹22.0 Lakhs per year
Barclays	₹8.0 Lakhs to ₹22.0 Lakhs per year
Bank of America	₹7.8 Lakhs to ₹24.5 Lakhs per year
IDFC FIRST Bank	₹5.8 Lakhs to ₹19.8 Lakhs per year
Axis Bank	₹5.4 Lakhs to ₹20.0 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 Software Developer in companies similar to ICICI Bank in Mumbai?

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

HDFC Bank	₹9.1 Lakhs to ₹17.0 Lakhs per year
State Bank of India	₹5.9 Lakhs to ₹14.0 Lakhs per year
IndusInd Bank	₹6.0 Lakhs to ₹17.0 Lakhs per year
RBL Bank	₹3.3 Lakhs to ₹12.0 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 Software Developer at ICICI Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹12.5 Lakhs per year
2 years	₹7.2 Lakhs to ₹9.3 Lakhs per year
3 years	₹7.3 Lakhs to ₹9.3 Lakhs per year

and so on.

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ICICI Bank Software Developer Salaries in Mumbai

ICICI Bank Software Developer salary in Mumbai ranges between ₹8 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ICICI Bank latest salaries received from various employees of ICICI Bank.