ICICI Merchant Service Associate Salaries by 4 Employees (Updated 2025)

1 - 11 years exp.

₹4.2 Lakhs - ₹6 Lakhs

Salary of majority employees

26% less than the average Associate Salary in Banking Companies for 1 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 8 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
Finance & Accounting Associate Salary 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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IT & Information Security Associate Salary 1 year exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 8 Mar 2024

Companies similar to ICICI Merchant Service for Associate

Company name	Avg Annual Salary	Open Jobs
Paytm Payments Bank Associate Salary 0 - 6 years exp. (381 salaries)	₹2 L/yr - ₹4.6 L/yr 40% less
Royal Bank of Scotland International Associate Salary 4 - 12 years exp. (29 salaries)	₹7.2 L/yr - ₹18.4 L/yr 139% more
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National Australia Bank Associate Salary 0 - 5 years exp. (25 salaries)	₹4.5 L/yr - ₹9.5 L/yr 16% more	2 job openings
South Indian Bank Associate Salary 1 - 4 years exp. (6 salaries)	₹4.7 L/yr - ₹7 L/yr 10% less
Shivalik Small Finance Bank Associate Salary 0 - 3 years exp. (4 salaries)	₹2.7 L/yr - ₹4.4 L/yr 34% less
SVC Co-Operative Bank Associate Salary 0 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 8% more
Emirates NBD Associate Salary 7 - 9 years exp. (4 salaries)	₹9.5 L/yr - ₹20.1 L/yr 119% more
First Abu Dhabi Bank Associate Salary 1 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹7.2 L/yr 15% more
TJSB Sahakari Bank Associate Salary 1 - 14 years exp. (3 salaries)	₹2.4 L/yr - ₹10 L/yr 10% less

Associate salary at ICICI Merchant Service ranges between ₹4.2 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Merchant Service.

Experience wise ICICI Merchant Service Associate salaries

Last Updated: 8 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
11 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in ICICI Merchant Service

Senior Associate Salary

(5 salaries)

₹3.5 L/yr - ₹5.35 L/yr

Team Lead Salary

(28 salaries)

₹2.6 L/yr - ₹6.48 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Application Developer Salary

(AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Salary related reviews for ICICI Merchant Service

Field Operations Supervisor (working remotely)

Contractual

Production, Manufacturing & Engineering Department

2.0

• posted on 31 Jan 2023

1.0

for Salary and Benefits

Likes

Nothing to like here

Dislikes

Very low salaries no value of Off Role employees even if you are off role in the company sales manager have no rights to contact with you for any work. He has to be routed through on roll employee only.

Sales Support Specialist Team Leader in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 23 Apr 2023

2.0

for Salary and Benefits

Likes

On time salary gets credit to your account. Is the only thing one like there .

Dislikes

Seniors put pressure and gives u threat about termination or pip , even after your performance is satisfactory.., don’t expect any help from senior management.. No salary growth, salary growth is only for senior management..

Sales Executive in Pune

BFSI, Investments & Trading Department

5.0

• posted on 30 Jun 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Relationship Manager in Mumbai

Aviation & Aerospace Department

3.0

• posted on 03 Mar 2021

2.0

for Salary and Benefits

Likes

Good work culture. Team leader very much supportive.

Dislikes

Ni petrol allowance. And salary date is delaying every month. Cut the salary with out reason. And some technical error in their system so we can log in or mark the attendance properly but they cut the salary. And I can't get any kind of certificate. Pf esi number also. No proper reply from company side also.

Sales Executive in Ranchi

Sales & Business Development Department

5.0

• posted on 22 Jul 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management. Company policies are good, appraisals are fair and they give good salary hike and bonus every years.

Dislikes

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

see more salary related reviews

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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ICICI Merchant Service Associate Salary FAQs

What is the salary of Associate at ICICI Merchant Service?

Associate salary at ICICI Merchant Service in India ranges between ₹4.2 Lakhs to ₹6.0 Lakhs for experience between 1 years to 11 years. According to our estimates it is 26% less than the average Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Merchant Service India.

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

The average salary of a Associate at ICICI Merchant Service is 26% less than the average salary of a Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Merchant Service to a Associate in India?

Royal Bank of Scotland International Associate Salary - ₹7.2 Lakhs to ₹18.4 Lakhs per year
Emirates NBD Associate Salary - ₹9.5 Lakhs to ₹20.1 Lakhs per year
National Australia Bank Associate Salary - ₹4.5 Lakhs to ₹9.5 Lakhs per year
First Abu Dhabi Bank Associate Salary - ₹3.5 Lakhs to ₹7.2 Lakhs per year
SVC Co-Operative Bank Associate Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Associate in companies similar to ICICI Merchant Service in India?

South Indian Bank Associate Salary - ₹4.7 Lakhs to ₹7.0 Lakhs per year
TJSB Sahakari Bank Associate Salary - ₹2.4 Lakhs to ₹10.0 Lakhs per year
Shivalik Small Finance Bank Associate Salary - ₹2.7 Lakhs to ₹4.4 Lakhs per year
Paytm Payments Bank Associate Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Associate at ICICI Merchant Service in India?

The estimated take-home salary of a Associate at ICICI Merchant Service ranges between ₹41,982 per month to ₹43,118 per month in India. The take-home salary calculation is based on the average ICICI Merchant Service Associate salary in India which ranges between ₹4.2 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Associate at ICICI Merchant Service?

According to AmbitionBox, 100% of the ICICI Merchant Service Associates reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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ICICI Merchant Service Associate Salaries

ICICI Merchant Service Associate salary in India ranges between ₹4.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Merchant Service latest salaries received from various employees of ICICI Merchant Service.