ICICI Securities Assistant Vice President 1 Salaries by 5 Employees

15 - 20 years exp.

₹20 Lakhs - ₹31.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

21% more than the average Assistant Vice President 1 Salary in Financial Services Companies for 15 - 20 years of experience

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Salaries in different departments

Consulting Assistant Vice President 1 Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹28.1 L/yr - ₹34.3 L/yr
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Sales & Business Development Assistant Vice President 1 Salary 20 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 2 Nov 2024

Companies similar to ICICI Securities for Assistant Vice President 1

Company name	Avg Annual Salary	Open Jobs
Citicorp Assistant Vice President 1 Salary 7 - 15 years exp. (61 salaries)	₹21.7 L/yr - ₹50 L/yr 32% more
Wells Fargo Assistant Vice President 1 Salary 6 - 12 years exp. (31 salaries)	₹11.8 L/yr - ₹42 L/yr 8% more
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HSBC Group Assistant Vice President 1 Salary 8 - 12 years exp. (8 salaries)	₹11.4 L/yr - ₹40 L/yr 4% more
UBS Assistant Vice President 1 Salary 8 - 13 years exp. (6 salaries)	₹18 L/yr - ₹30 L/yr 1% more
Marsh McLennan Assistant Vice President 1 Salary 10 - 15 years exp. (3 salaries)	₹16 L/yr - ₹19 L/yr 35% less
State Street Corporation Assistant Vice President 1 Salary 15 - 16 years exp. (3 salaries)	₹38.5 L/yr - ₹48 L/yr 71% more

Assistant Vice President 1 salary at ICICI Securities ranges between ₹20 Lakhs to ₹31.2 Lakhs per year for employees with experience between 15 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Securities.

Experience wise ICICI Securities Assistant Vice President 1 salaries

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹20 L/yr - ₹31.2 L/yr
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Salary related reviews for ICICI Securities

4.0

Rated by 2 employees for salary & benefits

Software Developer in Navi Mumbai

Full Time

Project & Program Management Department

3.0

• posted on 09 Feb 2023

3.0

for Salary and Benefits

Likes

-Salary on time.

Job security - Good

Dislikes

-Work life balance. Need to do both support and development. -Weekend work with no compensation. -Old technology. -Heavy politics. You can suffer a lot due to this. -Bad infrastructure. -No proper management and no proper process followed. Don't join if you have other offers in hand.

Company culture - Poor

AVP in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 29 Nov 2024

4.0

for Salary and Benefits

Likes

-compensation -work/life balance

Salary - Good

+2 more

Dislikes

-people and culture. still working in era of 5 day week with people having pseudo seniority complex. - no infra for newer tech. still stuck in ProC and Oracle. Microservice is an alien concept here

Skill development - Bad

+3 more

Senior Relationship Manager in Chennai

Full Time

Marketing & Communication Department

1.0

• posted on 16 Dec 2023

2.0

for Salary and Benefits

Likes

If you complete your target (depending on manager demand), you can enjoy bonus.

Dislikes

Traget pressure can make you a cold-blooded person because you need to acquire new clients every day. There are a total of 17 products you need to sell to the customers by calling them and asking them to invest. If you have a big family or friends circle, you can join this company because you can ask your friends or family to open an account, which will be easy to achieve weekly and monthly target.

Salary - Poor

+4 more

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 Aug 2024

5.0

for Salary and Benefits

Likes

...nings and growth to the Securities Market as well as in my Career Opportunities. The benefits and compensation, HR policies were also good which helped me to become financially independent person. Thank you ICICI Securities for giving me all this and I would love to be the part of this organisation again!

Salary - Excellent

+6 more

Dislikes

At times it was hard to handle the excessive pressure but was manageable. Also, to take leaves was really a tough job when it is genuinely needed and you have leave balance left.

Equity Relationship Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 May 2023

3.0

for Salary and Benefits

Likes

Attractive salary Brand name

Dislikes

No job security Heavy job pressure No (0) work life balance (10hrs shift plus frequent over time) Too much tele calling Horrible work culture No learning at all apart from sales Unsupportive seniors and TLs Less holidays Unhealthy work environment No incentives Poor client base and leads At the time of interview it was said that it's a advisory job but it's a pure sales job. It is suggested that only salesperson join this job. For company it is suggested to treat their employees as humans and value customers. They say that they have customer first policy, but all they care is about brokerage and product sales.

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ICICI Securities Assistant Vice President 1 Salary FAQs

What is the salary of Assistant Vice President 1 at ICICI Securities ?

The average salary of a Assistant Vice President 1 at ICICI Securities in India typically ranges from ₹20.0 Lakhs to ₹31.2 Lakhs per year, depending on experience (from 15 years to 20 years).

The top 10% of Assistant Vice President 1 at ICICI Securities earn more than ₹31.2 Lakhs per year, and the top 1% earn over ₹31.2 Lakhs per year. Assistant Vice President 1 Salaries at ICICI Securities 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 5 ICICI Securities employees in India.

What is the estimated take home salary of a Assistant Vice President 1 at ICICI Securities in India?

The estimated take-home salary of a Assistant Vice President 1 at ICICI Securities in India typically ranges from ₹1,64,986 to ₹1,71,310 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹31.2 Lakhs per year for employees with experience ranging from 15 years to 20 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 5 salaries received from various employees of ICICI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Securities for Assistant Vice President 1 in India?

State Street Corporation	₹38.5 Lakhs to ₹48.0 Lakhs per year
Citicorp	₹21.7 Lakhs to ₹50.0 Lakhs per year
Wells Fargo	₹11.8 Lakhs to ₹42.0 Lakhs per year
HSBC Group	₹11.4 Lakhs to ₹40.0 Lakhs per year
UBS	₹18.0 Lakhs to ₹30.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Securities, depending on the role and experience level.

What is the salary of a Assistant Vice President 1 in companies similar to ICICI Securities in India?

The salary of a Assistant Vice President 1 at companies similar to ICICI Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Marsh McLennan

₹16.0 Lakhs to ₹19.0 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 Assistant Vice President 1 at ICICI Securities in India?

The salary growth for a Assistant Vice President 1 at ICICI Securities depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President 1 can expect the following growth trajectory at ICICI Securities:

Experience	Average Salary Range
15 years	₹20.0 Lakhs to ₹31.2 Lakhs per year

and so on.

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ICICI Securities Assistant Vice President 1 Salaries

ICICI Securities Assistant Vice President 1 salary in India ranges between ₹20 Lakhs to ₹31.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Securities latest salaries received from various employees of ICICI Securities.