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

39% 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
SBI Securities Channel Manager Salary 9 - 14 years exp. (5 salaries)	₹5 L/yr - ₹10.5 L/yr 24% more
Broker Network Channel Manager Salary 0 - 10 years exp. (62 salaries)	₹3 L/yr - ₹7.8 L/yr 3% more
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HDFC Bank Channel Manager Salary 2 - 14 years exp. (42 salaries)	₹4.5 L/yr - ₹16.5 L/yr 73% more
IDFC FIRST Bank Channel Manager Salary 1 - 8 years exp. (24 salaries)	₹2 L/yr - ₹5.4 L/yr 6% less
Yes Bank Channel Manager Salary 8 - 17 years exp. (14 salaries)	₹3.9 L/yr - ₹16.1 L/yr 75% 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 L/yr - ₹5.1 L/yr
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
8 years (3 salaries)	₹2.3 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr

View all

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

0 - 9 years exp.

26% hike

Branch Manager

2 - 11 years exp.

15% hike

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

Sales Manager Salary

(43 salaries)

₹2 L/yr - ₹4 L/yr

Branch Manager Salary

(32 salaries)

₹5.1 L/yr - ₹8.6 L/yr

Marketing Manager Salary

(7 salaries)

₹6 L/yr - ₹13 L/yr

Deputy Manager Salary

(6 salaries)

₹4.15 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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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 Channel Manager Salary FAQs

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

The average salary of a Channel Manager at ICICI Securities in Mumbai typically ranges from ₹4.3 Lakhs to ₹7.2 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Channel Manager in Mumbai at ICICI Securities earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Channel 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 10+ ICICI Securities employees in India.

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 in Mumbai typically ranges from ₹39,996 to ₹41,161 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from Fresher 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 10+ 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 Channel Manager at ICICI Securities in Mumbai?

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

- Mutual Funds
- Equity
- B2B Sales
- Franchisee Development
- Business Partnering

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 Channel Manager in India?

Yes Bank	₹3.9 Lakhs to ₹16.1 Lakhs per year
HDFC Bank	₹4.5 Lakhs to ₹16.5 Lakhs per year
SBI Securities	₹5.0 Lakhs to ₹10.5 Lakhs per year
Broker Network	₹3.0 Lakhs to ₹7.8 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 Channel Manager in companies similar to ICICI Securities in Mumbai?

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

IDFC FIRST Bank

₹2.0 Lakhs to ₹5.4 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 Channel Manager at ICICI Securities in Mumbai?

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

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹5.1 Lakhs per year
1 year	₹4.1 Lakhs to ₹5.3 Lakhs per year
2 years	₹4.3 Lakhs to ₹5.4 Lakhs per year
3 years	₹4.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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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.