ICICI Securities Service Manager Salaries by 5 Employees

3 - 10 years exp.

₹4.5 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Service Manager Salary in Financial Services Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Service Manager Salary 3 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹4.7 L/yr
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Customer Success, Service & Operations Service Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to ICICI Securities for Service Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Service Manager Salary 4 - 10 years exp. (3 salaries)	₹2.6 L/yr - ₹6.2 L/yr 7% less
Angel One Service Manager Salary 0 - 6 years exp. (39 salaries)	₹2 L/yr - ₹5 L/yr 36% less
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Motilal Oswal Financial Services Service Manager Salary 5 - 8 years exp. (5 salaries)	₹3 L/yr - ₹7 L/yr 5% more
Axis Direct Service Manager Salary 3 - 5 years exp. (5 salaries)	₹3 L/yr - ₹3.3 L/yr 36% less
Reliance Securities Service Manager Salary 0 - 8 years exp. (50 salaries)	₹2 L/yr - ₹4 L/yr 40% less
Citicorp Service Manager Salary 3 - 17 years exp. (38 salaries)	₹5.4 L/yr - ₹15.9 L/yr 118% more
American Express Service Manager Salary 6 - 20 years exp. (5 salaries)	₹5.9 L/yr - ₹38 L/yr 391% more
HSBC Group Service Manager Salary 12 - 16 years exp. (5 salaries)	₹10.1 L/yr - ₹26 L/yr 207% more
Morgan Stanley Service Manager Salary 0 - 20 years exp. (4 salaries)	₹24 L/yr - ₹25 L/yr 407% more
BNP Paribas Service Manager Salary 7 - 13 years exp. (4 salaries)	₹12 L/yr - ₹20 L/yr 217% more
London Stock Exchange Group Service Manager Salary 9 - 17 years exp. (3 salaries)	₹24.4 L/yr - ₹60 L/yr 756% more
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Service Manager salary at ICICI Securities ranges between ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Securities.

Experience wise ICICI Securities Service Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹8.5 L/yr
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5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹9 L/yr

View all

Similar Designation salaries in ICICI Securities

Area Manager Salary

(12 salaries)

₹5.75 L/yr - ₹13 L/yr

Center Manager Salary

(3 salaries)

₹4.7 L/yr - ₹8 L/yr

Deputy Manager Salary

(24 salaries)

₹3.5 L/yr - ₹7 L/yr

Territory Manager Salary

(4 salaries)

₹3 L/yr - ₹8 L/yr

Sales Manager Salary

(269 salaries)

₹1.8 L/yr - ₹4.25 L/yr

Service Coordinator Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Service Supervisor Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Customer Service Manager Salary

(23 salaries)

₹3.95 L/yr - ₹8.3 L/yr

Senior Engineer Salary

(3 salaries)

₹10.4 L/yr - ₹17.4 L/yr

Sales Executive Salary

(18 salaries)

₹1.8 L/yr - ₹3.25 L/yr

Salary related reviews for ICICI Securities

5.0

Rated by 2 employees for salary & benefits

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

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

Assistant Manager MIS in Navi Mumbai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 02 Aug 2023

5.0

for Salary and Benefits

Likes

You will get salary/yearly bonus on time. Some time very work pressure and sometimes chills Canteen food very good you get in very chip rate work culture very good sometimes depends on your HOD , management are very supportive.

Salary - Excellent

+3 more

Dislikes

Works culture are quite good and very strict

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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ICICI Securities Service Manager Salary FAQs

What is the salary of Service Manager at ICICI Securities ?

The average salary of a Service Manager at ICICI Securities in India typically ranges from ₹4.5 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Service Manager at ICICI Securities earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Service 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 5 ICICI Securities employees in India.

What is the estimated take home salary of a Service Manager at ICICI Securities in India?

The estimated take-home salary of a Service Manager at ICICI Securities in India typically ranges from ₹36,320 to ₹37,540 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 3 years to 10 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 Service Manager in India?

London Stock Exchange Group	₹24.4 Lakhs to ₹60.0 Lakhs per year
Morgan Stanley	₹24.0 Lakhs to ₹25.0 Lakhs per year
American Express	₹5.9 Lakhs to ₹38.0 Lakhs per year
BNP Paribas	₹12.0 Lakhs to ₹20.0 Lakhs per year
HSBC Group	₹10.1 Lakhs to ₹26.0 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 Service Manager in companies similar to ICICI Securities in India?

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

Citicorp	₹5.4 Lakhs to ₹15.9 Lakhs per year
Motilal Oswal Financial Services	₹3.0 Lakhs to ₹7.0 Lakhs per year
Kotak Securities	₹2.6 Lakhs to ₹6.2 Lakhs per year
Axis Direct	₹3.0 Lakhs to ₹3.3 Lakhs per year
Angel One	₹2.0 Lakhs to ₹5.0 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 Service Manager at ICICI Securities in India?

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

Experience	Average Salary Range
3 years	₹1.9 Lakhs to ₹4.7 Lakhs per year
4 years	₹4.7 Lakhs to ₹8.5 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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ICICI Securities Service Manager Salaries

ICICI Securities Service Manager salary in India ranges between ₹4.5 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Securities latest salaries received from various employees of ICICI Securities.