ICICI Securities Mumbai Channel Manager Salaries by 10+ Employees (Updated 2025)

0 - 11 years exp.

₹4.3 Lakhs - ₹7.2 Lakhs

Salary of majority employees

28% less than the average Channel Manager Salary in Financial Services Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Channel Manager Salary 3 - 11 years exp. (7 salaries)	₹4.3 L/yr - ₹7.2 L/yr
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Sales & Business Development Channel Manager Salary 0 - 10 years exp. (5 salaries)	₹4.5 L/yr - ₹7 L/yr

Last Updated: 5 Feb 2025

Companies similar to ICICI Securities for Channel Manager in Mumbai

ICICI Securities Channel Manager Salary

0 - 11 years exp. (13 salaries)

₹4.3 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Broker Network Channel Manager Salary 0 - 10 years exp. (62 salaries)	₹3 L/yr - ₹7.8 L/yr 12% less
HDFC Bank Channel Manager Salary 2 - 14 years exp. (41 salaries)	₹4.5 L/yr - ₹14.9 L/yr 42% more
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IDFC FIRST Bank Channel Manager Salary 1 - 8 years exp. (22 salaries)	₹2 L/yr - ₹4.3 L/yr 36% less
Yes Bank Channel Manager Salary 8 - 17 years exp. (14 salaries)	₹3.9 L/yr - ₹16.1 L/yr 54% more
Axis Bank Channel Manager Salary 0 - 15 years exp. (13 salaries)	₹9 L/yr - ₹28 L/yr 159% more

Channel Manager salary at ICICI Securities ranges between ₹4.3 Lakhs to ₹7.2 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 13 latest salaries received from various employees of ICICI Securities.

Experience wise ICICI Securities Channel Manager salaries in Mumbai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.3 L/yr
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.6 L/yr
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2 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹9.9 L/yr
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
8 years (3 salaries)	₹6.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹12.3 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.6 L/yr

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From

Channel Manager

₹

Lakhs/yr

0 - 11 years exp.

Chief Branch Manager

₹

Lakhs/yr

5 - 16 years exp.

Channel Manager 0 - 11 years exp.

Wealth Manager 1 - 9 years exp.

24% hike

Branch Manager 3 - 11 years exp.

14% hike

Similar Designation salaries in ICICI Securities

Sales Manager Salary

(42 salaries)

₹2 L/yr - ₹4 L/yr

Branch Manager Salary

(32 salaries)

₹4 L/yr - ₹8.6 L/yr

Marketing Manager Salary

(7 salaries)

₹6 L/yr - ₹13 L/yr

Deputy Manager Salary

(5 salaries)

₹5 L/yr - ₹6 L/yr

Top skills at ICICI Securities for Channel Manager

Mutual Funds Equity B2B Sales Franchisee Development Business Partnering Franchise Business Loan Channel Partners Capital Market SME Sales agency development Agent Recruitment HNI Acquisition Relationship Finance

Salary related reviews for ICICI Securities

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

Relationship Manager in Mumbai

Sales Department

2.0

• posted on 14 Jun 2021

2.0

for Salary and Benefits

Likes

... pays less but there's at least mental peace to an extent and work life balance. The only good thing at ICICI Securities is salary for freshers.

Dislikes

The culture and the bosses. Everyone cares about sales here. If you don't do sales, don't achieve targets then they would treat you like sh"t and take out your work life balance because you will be made to work for like 12 hours a day. Nobody cares except sales in this company.

Salary - Poor

+6 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.

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

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ICICI Securities Channel Manager Salary FAQs

What is the salary of Channel Manager at ICICI Securities Mumbai?

Channel Manager salary at ICICI Securities in Mumbai ranges between ₹4.3 Lakhs to ₹7.2 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 28% less than the average Channel Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of ICICI Securities Mumbai.

How does the salary of a Channel Manager at ICICI Securities Mumbai compare with the average salary range for this job?

The average salary of a Channel Manager at ICICI Securities is 28% less than the average salary of a Channel Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Channel Manager at ICICI Securities?

Mutual Funds, Equity, B2B Sales, Franchisee Development and Business Partnering are some of the popular skills required to work as a Channel Manager at ICICI Securities Mumbai.

Which similar companies are paying more than ICICI Securities to a Channel Manager in Mumbai?

Axis Bank Channel Manager Salary - ₹9.0 Lakhs to ₹28.0 Lakhs per year
Yes Bank Channel Manager Salary - ₹3.9 Lakhs to ₹16.1 Lakhs per year
HDFC Bank Channel Manager Salary - ₹4.5 Lakhs to ₹14.9 Lakhs per year

What is the salary of a Channel Manager in companies similar to ICICI Securities in Mumbai?

Broker Network Channel Manager Salary - ₹3.0 Lakhs to ₹7.8 Lakhs per year
IDFC FIRST Bank Channel Manager Salary - ₹2.0 Lakhs to ₹4.3 Lakhs per year

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

The estimated take-home salary of a Channel Manager at ICICI Securities ranges between ₹46,293 per month to ₹47,391 per month in Mumbai. The take-home salary calculation is based on the average ICICI Securities Channel Manager salary in India which ranges between ₹4.3 Lakhs to ₹7.2 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Channel Manager at ICICI Securities in Mumbai?

According to AmbitionBox, 50% of the ICICI Securities Channel Managers in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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ICICI Securities Channel Manager Salaries in Mumbai

ICICI Securities Channel Manager salary in Mumbai ranges between ₹4.3 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 ICICI Securities latest salaries received from various employees of ICICI Securities.