ICICI Merchant Service Back Office Executive Salaries by 4 Employees (Updated 2025)

5 - 12 years exp.

₹3.4 Lakhs - ₹6 Lakhs

Salary of majority employees

88% more than the average Back Office Executive Salary in Banking Companies for 5 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Back Office Executive Salary 12 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
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Sales & Business Development Back Office Executive Salary 11 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 16 Mar 2025

Companies similar to ICICI Merchant Service for Back Office Executive

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Back Office Executive Salary 0 - 6 years exp. (27 salaries)	₹0.6 L/yr - ₹3.5 L/yr 52% less
Fino Payments Bank Back Office Executive Salary 0 - 5 years exp. (15 salaries)	₹1.3 L/yr - ₹3.1 L/yr 53% less
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Paytm Payments Bank Back Office Executive Salary 2 - 8 years exp. (14 salaries)	₹2 L/yr - ₹4.1 L/yr 27% less
Capital Small Finance Bank Back Office Executive Salary 3 - 10 years exp. (5 salaries)	₹1.9 L/yr - ₹2.9 L/yr 46% less
The Saraswat Co-operative Bank Back Office Executive Salary 3 - 7 years exp. (4 salaries)	₹1.9 L/yr - ₹3.2 L/yr 48% less
Bharat Diamond Bourse Back Office Executive Salary 10 - 14 years exp. (4 salaries)	₹3.5 L/yr - ₹4.2 L/yr 13% less
Nkgsb CO-OP Bank Back Office Executive Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 51% less
TJSB Sahakari Bank Back Office Executive Salary 1 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹1.7 L/yr 67% less
North East Small Finance Bank Back Office Executive Salary 0 - 5 years exp. (3 salaries)	₹0.6 L/yr - ₹3.2 L/yr 52% less
Shivalik Small Finance Bank Back Office Executive Salary 2 - 4 years exp. (3 salaries)	₹1.6 L/yr - ₹2.6 L/yr 49% less
The Co-operative Bank Back Office Executive Salary 3 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹8.2 L/yr 4% less
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Back Office Executive salary at ICICI Merchant Service ranges between ₹3.4 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Merchant Service.

Experience wise ICICI Merchant Service Back Office Executive salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.3 L/yr
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7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
11 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.1 L/yr

View all

Similar Designation salaries in ICICI Merchant Service

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MIS Executive Salary

(3 salaries)

₹3.6 L/yr - ₹5 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Customer Service Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Data Entry Operator Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Senior Associate Salary

(5 salaries)

₹3.5 L/yr - ₹5.35 L/yr

Team Lead Salary

(30 salaries)

₹2.6 L/yr - ₹7.5 L/yr

Sales Coordinator Salary

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₹2.2 L/yr - ₹4 L/yr

Relationship Manager Salary

(77 salaries)

₹2 L/yr - ₹4 L/yr

Salary related reviews for ICICI Merchant Service

1.0

Rated by 1 employees for salary & benefits

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.

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. 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.

Salary - Poor

+4 more

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.

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.

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

Skill development - Good

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.

Salary - Bad

+5 more

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..

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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ICICI Merchant Service Back Office Executive Salary FAQs

What is the salary of Back Office Executive at ICICI Merchant Service ?

The average salary of a Back Office Executive at ICICI Merchant Service in India typically ranges from ₹3.4 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Back Office Executive at ICICI Merchant Service earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Back Office Executive Salaries at ICICI Merchant Service 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 4 ICICI Merchant Service employees in India.

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

The estimated take-home salary of a Back Office Executive at ICICI Merchant Service in India typically ranges from ₹32,834 to ₹34,106 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 4 salaries received from various employees of ICICI Merchant Service. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Back Office Executive in companies similar to ICICI Merchant Service in India?

The salary of a Back Office Executive at companies similar to ICICI Merchant Service in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

The Co-operative Bank	₹1.2 Lakhs to ₹8.2 Lakhs per year
Bharat Diamond Bourse	₹3.5 Lakhs to ₹4.2 Lakhs per year
Paytm Payments Bank	₹2.0 Lakhs to ₹4.1 Lakhs per year
Capital Small Finance Bank	₹1.9 Lakhs to ₹2.9 Lakhs per year
The Saraswat Co-operative Bank	₹1.9 Lakhs to ₹3.2 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 Back Office Executive at ICICI Merchant Service in India?

The salary growth for a Back Office Executive at ICICI Merchant Service depends on factors such as experience, performance, and promotions. On average, a Back Office Executive can expect the following growth trajectory at ICICI Merchant Service:

Experience	Average Salary Range
5 years	₹3.4 Lakhs to ₹3.4 Lakhs per year
6 years	₹3.4 Lakhs to ₹6.3 Lakhs per year
7 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
8 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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ICICI Merchant Service Back Office Executive Salaries

ICICI Merchant Service Back Office Executive salary in India ranges between ₹3.4 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.