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ICICI Securities Equity Manager salaries in Mumbai

Annual salary range
3 - 8 years exp.
₹4.5 Lakhs - ₹10.2 Lakhs
Salary of majority employees
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7% less than the average Equity Manager Salary in Financial Services Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Equity Manager Salary
3 - 8 years exp. (3 salaries)
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₹5.4 L/yr - ₹10.2 L/yr

Finance & Accounting
Equity Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹6.4 L/yr

Last Updated: 28 Jan 2024

Equity Manager salary at ICICI Securities ranges between ₹4.5 Lakhs to ₹10.2 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Securities.

Latest annual salaries shared by ICICI Securities Equity Manager in Mumbai

1y ago
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7 years exp.
1y ago
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4 years exp.

Experience wise ICICI Securities Equity Manager salaries in Mumbai

Last Updated: 28 Jan 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹10.8 L/yr
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹10.2 L/yr
View all

Similar Designation salaries in ICICI Securities

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₹2 L/yr - ₹8 L/yr
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₹10.4 L/yr - ₹37 L/yr
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₹4 L/yr - ₹13.8 L/yr
Team Lead Salary
(15 salaries)
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₹3 L/yr - ₹12 L/yr
Deputy Manager Salary
(6 salaries)
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₹4.15 L/yr - ₹6 L/yr
Analyst Salary
(5 salaries)
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₹7 L/yr - ₹12 L/yr
Senior Analyst Salary
(4 salaries)
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₹6 L/yr - ₹18.5 L/yr

Salary related reviews for ICICI Securities

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 11 Nov 2021

3.0
 for  Salary and Benefits

Likes

Only positive side about working here is that you will receive your salary on time.

read more

Dislikes

I worked here in Equity Product Group (EPG) department for around 6 months. I didn't at all like working here. There were no scope for learning/skill development, work environment turned toxic after one month of joining and work life balance became terrible. Work satisfaction was zero for me since I didn't like to push sell products to customers, which they don't need or infact won't be beneficial for them, just to achieve my target. Your superior will give you extreme pressure to achieve your target and the targets are so high that one cannot achieve it in honest ways. Even superiors will suggest you to lie to customers but they will never give their consent in writing. So if at anytime a complaint is lodged against you for misconduct to the Regulators (SEBI, RBI, etc.) then GOD help you because you'll be on your own. If you face problem in achieving target, the superiors instead of help solving your problems or giving PROPER TRAINING to you, will insult you in front of your co-workers and tell you to leave the job. They will create the work environment so toxic that you'll be forced to resign from the company. Also you are expected to come office on time but you won't be allowed to leave until you achieve your daily targets. I'll never suggest anyone to join this company, especially EPG department.

read more
  • Skill development - Bad
  • +5 more

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.

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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.

read more
  • Salary - Poor
  • +6 more

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

read more
  • Skill development - Bad
  • +3 more

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.

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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.

read more
  • Salary - Poor
  • +4 more

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!

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  • 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.

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ICICI Securities Equity Manager Salary FAQs

What is the salary of Equity Manager at ICICI Securities in Mumbai?
The average salary of a Equity Manager at ICICI Securities in Mumbai typically ranges from ₹4.5 Lakhs to ₹10.2 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Equity Manager in Mumbai at ICICI Securities earn more than ₹10.2 Lakhs per year, and the top 1% earn over ₹10.2 Lakhs per year. Equity 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 4 ICICI Securities employees in India.
What is the estimated take home salary of a Equity Manager at ICICI Securities in Mumbai?
The estimated take-home salary of a Equity Manager at ICICI Securities in Mumbai typically ranges from ₹46,523 to ₹47,626 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹10.2 Lakhs per year for employees with experience ranging from 3 years to 8 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 Securities. Check how we calculate in-hand salary with our in-hand salary calculator.
How the salary growth look like for a Equity Manager at ICICI Securities in Mumbai?
The salary growth for a Equity Manager at ICICI Securities in Mumbai depends on factors such as experience, performance, and promotions. On average, a Equity Manager in Mumbai can expect the following growth trajectory at ICICI Securities:

Experience Average Salary Range
3 years ₹5.4 Lakhs to ₹10.8 Lakhs per year
4 years ₹4.5 Lakhs to ₹11.0 Lakhs per year
5 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
6 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Securities Equity Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹10.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Securities latest salaries received from various employees of ICICI Securities.