ICICI Securities Mumbai Branch Manager Salaries by 30+ Employees (Updated 2025)

2 - 11 years exp.

₹5.1 Lakhs - ₹8.6 Lakhs

Salary of majority employees

32% less than the average Branch Manager Salary in Financial Services Companies for 2 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 2 - 11 years exp. (22 salaries)	₹5.1 L/yr - ₹8.6 L/yr
Marketing & Communication Branch Manager Salary 6 - 10 years exp. (4 salaries)	₹6.5 L/yr - ₹7.5 L/yr
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Finance & Accounting Branch Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.5 L/yr
Customer Success, Service & Operations Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹8 L/yr

Last Updated: 13 Feb 2025

Companies similar to ICICI Securities for Branch Manager in Mumbai

ICICI Securities Branch Manager Salary

2 - 11 years exp. (32 salaries)

₹5.1 L/yr - ₹8.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Branch Manager Salary 8 - 16 years exp. (10 salaries)	₹4.8 L/yr - ₹11.5 L/yr 1% more
Kotak Securities Branch Manager Salary 7 - 11 years exp. (9 salaries)	₹5 L/yr - ₹11.1 L/yr 38% more
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SBI Securities Branch Manager Salary 10 - 15 years exp. (4 salaries)	₹6.7 L/yr - ₹10 L/yr 18% more	3 job openings
Aditya Birla Capital Branch Manager Salary 3 - 10 years exp. (4 salaries)	₹5 L/yr - ₹10 L/yr 7% more
Bajaj Capital Branch Manager Salary 7 - 10 years exp. (3 salaries)	₹3 L/yr - ₹7 L/yr 31% less

Branch Manager salary at ICICI Securities ranges between ₹5.1 Lakhs to ₹8.6 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 32 latest salaries received from various employees of ICICI Securities.

Experience wise ICICI Securities Branch Manager salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
3 years (3 salaries)	₹5.1 L/yr - ₹12 L/yr
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4 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
5 years (4 salaries)	₹5.4 L/yr - ₹7.5 L/yr
6 years (3 salaries)	₹6 L/yr - ₹8.6 L/yr
7 years (3 salaries)	₹6 L/yr - ₹8.6 L/yr
8 years (4 salaries)	₹5.8 L/yr - ₹8.1 L/yr
9 years (6 salaries)	₹5.8 L/yr - ₹8.1 L/yr
10 years (3 salaries)	₹7.5 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr

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From

Branch Manager

2 - 11 years exp.

Chief Branch Manager

5 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Securities

Chief Manager Salary

(117 salaries)

₹8 L/yr - ₹25 L/yr

Sales Manager Salary

(43 salaries)

₹2 L/yr - ₹4 L/yr

Deputy Manager Salary

(6 salaries)

₹4.15 L/yr - ₹6 L/yr

Cluster Manager Salary

(4 salaries)

₹12 L/yr - ₹12.08 L/yr

Top skills at ICICI Securities for Branch Manager

Mutual Funds HNI Client Handling Team Handling Sales Branch Management Equity Product Pricing Customer Service Relationship Management Operations Management Cross Selling Compliance Auditing Financial Services Insurance

Salary related reviews for ICICI Securities

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

Senior Sales Manager in Ahmedabad

Full Time

Sales & Business Development Department

3.0

• posted on 31 Oct 2023

4.0

for Salary and Benefits

Likes

...you can learn a new things from bank branches and also from bank employees......salary hike is good

Salary - Good

+2 more

Dislikes

There is senior sales manager role is like a regional head but no senior support and no system allocation to us so wrost about a system

Work satisfaction - Poor

+1 more

Senior Relationship Manager in Pune

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 24 Sep 2022

1.0

for Salary and Benefits

Likes

Complete this take off target within 3 month otherwise they will terminated. 1) 12 quality demat account 2) mutual fund lumsum (25 lakh) 3) mutual fund SIP (50K) 4) life insurance 1 lakh 5) general insurance 2 policy 6) meeting with client ( 3 month 30 meeting) 7) Calling in 3 month- 1500 8) Revenue- 1 lakh 9) Home loan disbursement-2 10) Corporate FD / bond- 10 lakh If you capable to achieved this target then you will come to this organisation otherwise don't waste your time. All the best 💕

Dislikes

No respect Low salary Huge product and pressure No job security ( if you not completed this target within 3 month of your joining)

Salary - Bad

+5 more

Senior Relationship Manager in Chennai

Full Time

Retail Sales Department

3.0

• posted on 07 Oct 2022

3.0

for Salary and Benefits

Likes

I'm Writing this review after working 7 months. In these day's I learnt so many things. Complete learning you will get. Also seniors and Manager's will help you for getting promoted. In every 6 months there is a chance for getting promoted to next cycle.

Skill development - Good

Dislikes

...satisfaction at all. Holiday's are also limited. Saturday also full day working. Salary is not that much great and for getting incentives you need to work hard with parameters. If you complete all the parameters you will get the incentives, You will spend your own money for fulfilling the target. Fully target is on Life Insurance Business. If you really want sales and target based job then only go for this job or else don't go for it. As simple as that. Completely dependent on your work. Work hard get success or else nothing you will get. Office start timing is 9 AM and end time depending upon your work finishing.

Work satisfaction - Poor

+2 more

Senior Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

2.0

• posted on 06 Mar 2023

4.0

for Salary and Benefits

Likes

Salary is attractive

Salary - Good

Dislikes

There is too much to dislike about this organisation. No work life balance 6 day week. Work culture is horrible I have been working here only for a month and i just want to switch.

Skill development - Bad

+4 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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ICICI Securities Branch Manager Salary FAQs

What is the salary of Branch Manager at ICICI Securities in Mumbai?

The average salary of a Branch Manager at ICICI Securities in Mumbai typically ranges from ₹5.1 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Branch Manager in Mumbai at ICICI Securities earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Branch Manager 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 30+ ICICI Securities employees in India.

What is the estimated take home salary of a Branch Manager at ICICI Securities in Mumbai?

The estimated take-home salary of a Branch Manager at ICICI Securities in Mumbai typically ranges from ₹53,732 to ₹55,071 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 2 years to 11 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 30+ salaries received from various employees of ICICI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at ICICI Securities in Mumbai?

To be a Branch Manager at ICICI Securities in Mumbai, the key skills required include:

- Mutual Funds
- HNI Client Handling
- Team Handling
- Sales
- Branch Management

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

Which companies offer higher salaries than ICICI Securities for Branch Manager in India?

Kotak Securities	₹5.0 Lakhs to ₹11.1 Lakhs per year
SBI Securities	₹6.7 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Capital	₹5.0 Lakhs to ₹10.0 Lakhs per year
Motilal Oswal Financial Services	₹4.8 Lakhs to ₹11.5 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 Branch Manager in companies similar to ICICI Securities in Mumbai?

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

Bajaj Capital

₹3.0 Lakhs to ₹7.0 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 Branch Manager at ICICI Securities in Mumbai?

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

Experience	Average Salary Range
2 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
3 years	₹5.1 Lakhs to ₹12.0 Lakhs per year
4 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
5 years	₹5.4 Lakhs to ₹7.5 Lakhs per year

and so on.

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ICICI Securities Branch Manager Salaries in Mumbai

ICICI Securities Branch Manager salary in Mumbai ranges between ₹5.1 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 ICICI Securities latest salaries received from various employees of ICICI Securities.